About Virtualnetworx Innovations LLP
Data last updated:
Virtualnetworx Innovations LLP is a limited liability partnership (LLP) based in Secunderabad, Telangana, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 07 August 2018 and has been in existence for over 8 years.
The LLP is registered with the Registrar of Companies (ROC), Hyderabad, under LLPIN AAN-1173.
The LLP has a total obligation of contribution of ₹2 Lakh. It is led by designated partners Reddy Swarupalaxmi Reddy and Singireddy Thirupathi Reddy.
Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at Secunderabad, Telangana.
As per the financials filed for FY 2023, the LLP reported a revenue of ₹11.42 Cr, a growth of 55% compared to the previous year. For the same year it recorded a net profit of ₹47.65 Lakh (net margin 4.2%) and EBITDA of ₹50.7 Lakh (EBITDA margin 4.4%). Revenue has grown at a compounded annual rate (CAGR) of 113% over three years.
The LLP is associated with 1 brand: Virtual Networx.
For more details, the LLP can be reached via its website virtualnetworx.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressPlot No.C5 Street No.2, Vikrampuri Colony Kakaguda Karkhana, Secunderabad, Telangana, India – 500009
- IndustryInformation Technology, Application Development & Software Solutions
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
- One PDF report, delivered after checkout
Financials of Virtualnetworx Innovations LLP FY 2025 filings available
Virtualnetworx Innovations LLP reported revenue of ₹11.42 Cr (up 55% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Virtualnetworx Innovations LLP
Revenue has grown at a compounded annual rate (CAGR) of 113% over three years, including 55% growth in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary of Virtualnetworx Innovations LLP
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Income and Expenditure | |||||
| Turnover | ₹11.42 Cr | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Income | •••• | •••• | •••• | •••• | •••• |
| Purchases and Direct Costs | •••• | •••• | •••• | •••• | •••• |
| Personnel Expenses | •••• | •••• | •••• | •••• | •••• |
| Administrative Expenses | •••• | •••• | •••• | •••• | •••• |
| Interest | •••• | •••• | •••• | •••• | •••• |
| Depreciation | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax | •••• | •••• | •••• | •••• | •••• |
| Profit After Tax | ₹47.65 Lakh | •••• | •••• | •••• | •••• |
| Profit Transferred to Partners | •••• | •••• | •••• | •••• | •••• |
| Assets and Liabilities | |||||
| Partners' Contribution | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Secured Loans | •••• | •••• | •••• | •••• | •••• |
| Unsecured Loans | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Other Liabilities and Provisions | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Loans and Advances | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Virtualnetworx Innovations LLP
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| Net Profit Margin | 4.2% | •••• | •••• | •••• | •••• |
| Return on Partners' Funds | •••• | •••• | •••• | •••• | •••• |
| Return on Assets | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt to Partners' Funds | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Turnover Growth | •••• | •••• | •••• | •••• | •••• |
| Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form 8. The full year-wise statements and ratios of Virtualnetworx Innovations are in the company report.
Financial statements from FY 2019
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Designated Partners of Virtualnetworx Innovations LLP
Virtualnetworx Innovations has 2 current designated partners and 3 former designated partners. Current designated partners are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Reddy Swarupalaxmi Reddy | Designated Partner | 24 Mar 2023 | 3 Years 6 Months | Current |
| Singireddy Thirupathi Reddy Also directs: Virtual Networx International LLP | Designated Partner | 18 Dec 2018 | 7 Years 9 Months | Current |
Ownership and Shareholding of Virtualnetworx Innovations LLP
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Virtualnetworx Innovations LLP
Virtualnetworx Innovations LLP does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Virtualnetworx Innovations LLP
Virtualnetworx Innovations operates one associated brand: Virtual Networx. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides IT consulting, cloud services, and custom application development solutions. | virtualnetworx.com |
Employees and EPFO Compliance at Virtualnetworx Innovations LLP
Employment history and EPFO contributions of people linked to Virtualnetworx Innovations.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Virtualnetworx Innovations LLP
Virtualnetworx Innovations LLP has 4 designated partner changes on record since 2018: 2 appointments and 2 cessations. The latest: Reddy Swarupalaxmi Reddy was appointed as Designated Partner on 24 Mar 2023.
Credit Ratings, Litigation & Regulatory Alerts for Virtualnetworx Innovations LLP
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Virtualnetworx Innovations LLP
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Virtualnetworx Innovations LLP
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Virtualnetworx Innovations LLP
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Virtualnetworx Innovations LLP
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Virtualnetworx Innovations LLP
Virtualnetworx Innovations is an active limited liability partnership based in Secunderabad, Telangana, India. The LLP works in application development and software solutions, within the information technology industry. It was incorporated on 07 August 2018 (8+ years old) and is registered under LLPIN AAN-1173.
Virtualnetworx Innovations reported revenue of ₹11.42 Cr for FY 2023 (up 55% YoY).
Virtualnetworx Innovations has 2 current designated partners:
- Reddy Swarupalaxmi Reddy - Designated Partner
- Singireddy Thirupathi Reddy - Designated Partner
Virtualnetworx Innovations reported a net profit of ₹47.65 Lakh (net margin 4.2%) and EBITDA of ₹50.7 Lakh (EBITDA margin 4.4%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Virtualnetworx Innovations is 113% over three years. In the latest year (FY 2023) revenue rose 55%. CAGR is the steady yearly rate that links the first and the last year.
The LLPIN (Limited Liability Partnership Identification Number) of Virtualnetworx Innovations is AAN-1173. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Virtualnetworx Innovations was incorporated on 07 August 2018, making it 8+ years old. It is registered with the Registrar of Companies, Hyderabad.
Reddy Swarupalaxmi Reddy was appointed as Designated Partner on 24 Mar 2023. Venkata Giri Prasad Sripathi ceased to be Partner on 24 Mar 2023. Singireddy Thirupathi Reddy was appointed as Designated Partner on 18 Dec 2018. Virtualnetworx Innovations has 4 designated partner changes on record in total.
Virtualnetworx Innovations can be reached through the website virtualnetworx.com. Its registered office is in Secunderabad, Telangana, India.
The registered office of Virtualnetworx Innovations is at Plot No.C5 Street No.2, Vikrampuri Colony Kakaguda Karkhana, Secunderabad, Telangana, India – 500009.