Virtue Creation Private Limited
About Virtue Creation Private Limited
Data last updated:
Virtue Creation Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 21 October 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U92110MH2003PTC142804. Its GSTIN is 27AABCT9670K1ZR (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Tejas Creation Private Limited. It is led by directors Tejas Sitaram Pendurkar and Archa Tejas Pendurkar.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 54 Union Bldg 1st Foorsletar Road Opp Grant Road Rly Stn (W) Grant Road, Mumbai, Maharashtra, India – 400007.
As per the financials filed for FY 2024, the company reported a revenue of ₹49.12 Lakh, a decline of 2% compared to the previous year. For the same year it recorded a net profit of ₹92,335 (net margin 1.9%) and EBITDA of ₹2.98 Lakh (EBITDA margin 6.1%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 6% over five years.
As per MCA filings, the company has open charges of ₹15 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address54 Union Bldg 1st Foorsletar Road Opp Grant Road Rly Stn (W) Grant Road, Mumbai, Maharashtra, India – 400007
- IndustryBusiness Outsourcing, Business & IT Consulting
- 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
Business Activity of Virtue Creation Private Limited
The main business activity of Virtue Creation is professional, scientific and technical. In detail, this covers management consultancy activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M3 | Management consultancy activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Virtue Creation Private Limited
Virtue Creation Private Limited is audited by VISHWAS R MHASKE & CO for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| VISHWAS R MHASKE & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Virtue Creation Private Limited
Virtue Creation has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Tejas Sitaram Pendurkar Also directs: Nilayan Entity LLP, Virtuenet Earth Private Limited, Virtue Jyotish Private Limited and 3 more | Director | 21 Oct 2003 | 22 Years 11 Months | Current |
| Archa Tejas Pendurkar Also directs: Virtuenet Earth Private Limited, Virtue Jyotish Private Limited, Reagen Finsolutions Private Limited and 2 more | Director | 21 Oct 2003 | 22 Years 11 Months | Current |
Financials of Virtue Creation Private Limited FY 2024 filings available
Virtue Creation Private Limited reported revenue of ₹49.12 Lakh (down 2% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Virtue Creation Private Limited
Revenue fell 2% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 6%. EBITDA fell 64% 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 Virtue Creation Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹2.98 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹92,335 | •••• | •••• | •••• | •••• |
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Financial Ratios of Virtue Creation Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.9% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
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| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
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Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Virtue Creation are in the company report.
Financial statements from 2015
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.
Ownership and Shareholding of Virtue Creation Private Limited
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 Virtue Creation Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Nov 2013 | Nkgsb Co-Operative Bank Limited | ₹15 Lakh | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Virtue Creation Private Limited
Employment history and EPFO contributions of people linked to Virtue Creation.
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.
GST Compliance of Virtue Creation Private Limited
Virtue Creation has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCT9670K1ZR | Maharashtra | Active | 01 Jul 2017 |
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.
Credit Ratings, Litigation & Regulatory Alerts for Virtue Creation Private Limited
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 Virtue Creation Private Limited
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 Virtue Creation Private Limited
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.
MCA Filings & Documents of Virtue Creation Private Limited
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.
Recent Activity on Virtue Creation Private Limited
Frequently Asked Questions about Virtue Creation Private Limited
Virtue Creation is an active private limited company based in Mumbai, Maharashtra, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 21 October 2003 (23+ years old) and is registered under CIN U92110MH2003PTC142804.
Virtue Creation reported revenue of ₹49.12 Lakh for FY 2024 (down 2% YoY).
Virtue Creation has 2 current directors:
- Tejas Sitaram Pendurkar - Director
- Archa Tejas Pendurkar - Director
Virtue Creation reported a net profit of ₹92,335 (net margin 1.9%) and EBITDA of ₹2.98 Lakh (EBITDA margin 6.1%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Virtue Creation is 15% over three years and 6% over five years. In the latest year (FY 2024) revenue fell 2%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Virtue Creation is 27AABCT9670K1ZR, registered in Maharashtra.
The CIN (Corporate Identification Number) of Virtue Creation is U92110MH2003PTC142804. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Virtue Creation was incorporated on 21 October 2003, making it 23+ years old. It is registered with the Registrar of Companies, Mumbai.
The registered office of Virtue Creation is at 54 Union Bldg 1st Foorsletar Road Opp Grant Road Rly Stn W Grant Road, Mumbai, Maharashtra, India – 400007.