Virtue Ceramics Private Limited
About Virtue Ceramics Private Limited
Data last updated:
Virtue Ceramics Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the retail trade segment of the trading and commerce sector. It was incorporated on 31 July 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U45100GJ2009PTC057682. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹10.01 Cr and a paid-up capital of ₹1 Lakh. It is led by directors including Prit Keyurbhai Mehta and Poojan Keyurbhai Mehta.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at A/3/3 Navkar Sterling City Opp. Sai Baba Temple Bopal, Ahmedabad, Gujarat, India – 380054.
As per the financials filed for FY 2024, the company reported a revenue of ₹11.28 Cr, a decline of 18% compared to the previous year. For the same year it recorded a net profit of ₹1.98 Cr (net margin 17.6%) and EBITDA of ₹2.78 Cr (EBITDA margin 24.7%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 20% over five years.
Court records list 3 cases involving the company, including 3 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Virtue Ceramics has one previous CIN (Corporate Identification Number): U26933GJ2009PTC057682. The current CIN is U45100GJ2009PTC057682, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45100GJ2009PTC057682 | Current |
| U26933GJ2009PTC057682 | Previous |
Contact details
Virtue Ceramics Private Limited's registered office is in Ahmedabad, Gujarat.
- Registered AddressA/3/3 Navkar Sterling City Opp. Sai Baba Temple Bopal, Ahmedabad, Gujarat, India – 380054
- IndustryTrading, Retailers, Retail Trading
- 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
Business activity
The main business activity of Virtue Ceramics is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Virtue Ceramics Private Limited, buy the company report.
Financials of Virtue Ceramics Private Limited
FY 2024 filings availableVirtue Ceramics Private Limited reported revenue of ₹11.28 Cr (down 18% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 18% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 20%. EBITDA rose 176% 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹2.78 Cr | ||||
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| Net Profit (PAT) | ₹1.98 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 24.7% | ||||
| Net Profit Margin | 17.6% | ||||
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To see the full financial statements and ratios of Virtue Ceramics Private Limited, buy the company report.
Board of directors of Virtue Ceramics Private Limited
Virtue Ceramics has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prit Keyurbhai Mehta | Director | 27 May 2023 | 3 Years 4 Months | Current |
| Poojan Keyurbhai Mehta | Director | 24 Apr 2017 | 9 Years 6 Months | Current |
| Krunal Ashokkumar Jethva | Director | 27 May 2015 | 11 Years 4 Months | Current |
Legal cases
Virtue Ceramics Private Limited has 3 court cases on record: 3 filed by Virtue Ceramics. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 0 | 0 |
Cases on record (1 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Special civil application | Filed by the company against Union of India and 1 other | Disposed |
To see the full case history of Virtue Ceramics Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Virtue Ceramics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Virtue Ceramics has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Virtue Ceramics Private Limited, buy the company report.
Recent activity
Virtue Ceramics Private Limited has 10 board changes on record since 2012: 3 appointments and 7 cessations. The latest: Kunal Bipinchandra Mehta ceased to be Director on 27 May 2023.
1 earlier event is in the company report.
Frequently asked questions
Virtue Ceramics is an active private limited company based in Ahmedabad, Gujarat, India. The company works in retailers, within the trading industry. It was incorporated on 31 July 2009 (17+ years old) and is registered under CIN U45100GJ2009PTC057682.
Virtue Ceramics has 3 current directors:
- Prit Keyurbhai Mehta - Director
- Poojan Keyurbhai Mehta - Director
- Krunal Ashokkumar Jethva - Director
The latest financial statements of Virtue Ceramics on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
No. Virtue Ceramics has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Virtue Ceramics is U45100GJ2009PTC057682. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Virtue Ceramics has 3 court cases on record: 3 filed by the company.
Virtue Ceramics was incorporated on 31 July 2009, making it 17+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Kunal Bipinchandra Mehta ceased to be Director on 27 May 2023. Prit Keyurbhai Mehta was appointed as Director on 27 May 2023. Urvish Pravinchandra Parikh ceased to be Director on 08 May 2017. Virtue Ceramics has 10 board changes on record in total.
The registered office of Virtue Ceramics is at A33 Navkar Sterling City Opp. Sai Baba Temple Bopal, Ahmedabad, Gujarat, India – 380054.
Virtue Ceramics operates in the trading industry, in the retailers segment.