Virtue Marketing Private Limited
About Virtue Marketing Private Limited
Data last updated:
Virtue Marketing Private Limited is a private limited company based in Secunderabad, Telangana, India. It operates in the metals retail and distribution segment of the metals and mining sector. It was incorporated on 06 March 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U51103TG2013PTC086181. Its GSTIN is 36AAECV3786B1Z9 (Telangana). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹7.51 Cr and a paid-up capital of ₹7.51 Cr. It is led by directors Hitesh Ramesh Jain and Ramesh Otarmal Jain.
Its last annual general meeting (AGM) was held on 29 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office is at Mch No.1 – 2 – 137 To 154 Plot No.306 Minerva Complex 3rd Floor S.D.Road, Secunderabad, Telangana, India – 500003.
As per the financials filed for FY 2016, the company reported a revenue of ₹298.46 Cr, a growth of 66% compared to the previous year. For the same year it recorded a net profit of ₹1.05 Cr (net margin 0.4%) and EBITDA of ₹4.48 Cr (EBITDA margin 1.5%).
As per MCA filings, the company has open charges of ₹35 Cr on record. Court records list 9 cases involving the company, including 1 filed by the company and 8 filed against it; 5 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
CIN history
Virtue Marketing has one previous CIN (Corporate Identification Number): U51103AP2013PTC086181. The current CIN is U51103TG2013PTC086181, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51103TG2013PTC086181 | Current |
| U51103AP2013PTC086181 | Previous |
Contact details
Virtue Marketing Private Limited's registered office is in Secunderabad, Telangana. Its e-mail address is in the company report.
- Email
- Registered AddressMch No.1 – 2 – 137 To 154 Plot No.306 Minerva Complex 3rd Floor S.D.Road, Secunderabad, Telangana, India – 500003
- IndustryMetals and Minerals, Metal Retail & Distribution
To see the full contact details of Virtue Marketing Private Limited, buy the company report.
- 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 Marketing is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Virtue Marketing Private Limited, buy the company report.
Financials of Virtue Marketing Private Limited
FY 2016 filings availableVirtue Marketing Private Limited reported revenue of ₹298.46 Cr (up 66% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue rose 66% in the latest year. EBITDA fell 3% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ₹298.46 Cr | |
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹4.48 Cr | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹1.05 Cr | |
| Balance Sheet | ||
| Share Capital | ||
| Reserves and Surplus | ||
| Net Worth (Total Equity) | ||
| Long-term Borrowings | ||
| Short-term Borrowings | ||
| Trade Payables | ||
| Total Liabilities | ||
| Fixed Assets | ||
| Investments | ||
| Inventories | ||
| Trade Receivables | ||
| Cash and Bank Balance | ||
| Total Assets | ||
Financial Ratios
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 1.5% | |
| Net Profit Margin | 0.4% | |
| Return on Equity (ROE) | ||
| Return on Capital Employed (ROCE) | ||
| Return on Assets (ROA) | ||
| Liquidity and Debt | ||
| Current Ratio | ||
| Quick Ratio | ||
| Debt-to-Equity Ratio | ||
| Interest Coverage Ratio | ||
| Efficiency and Growth | ||
| Asset Turnover | ||
| Receivable Days | ||
| Payable Days | ||
| Inventory Days | ||
| Revenue Growth | ||
| Net Profit Growth | ||
To see the full financial statements and ratios of Virtue Marketing Private Limited, buy the company report.
Board of directors of Virtue Marketing Private Limited
Virtue Marketing has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hitesh Ramesh Jain | Director | 06 Mar 2013 | 13 Years 8 Months | Current |
| Ramesh Otarmal Jain | Director | 06 Mar 2013 | 13 Years 8 Months | Current |
Peer comparison
Virtue Marketing Private Limited is compared with the 7 companies closest to it by revenue in the Metals and Minerals industry (Metal Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Chinar Steel Segment Centre Private Limited | ₹302.85 Cr (FY 2025) | -50.0% | Kolkata, West Bengal, India | |||
| Devesh Engineering Enterprises Private Limited | ₹301.3 Cr (FY 2020) | -24.0% | Hyderabad, Telangana, India | |||
| Kamini Metalliks Private Limited | ₹300.83 Cr (FY 2025) | 53.0% | Hyderabad, Telangana, India | |||
| Tycoon Suppliers Private Limited | ₹299.17 Cr (FY 2023) | 33.0% | Chanditala, West Bengal, India | |||
| Virtue Marketing Private Limitedthis company | ₹298.46 Cr (FY 2016) | ₹1.05 Cr | 0.4% | 66.0% | Secunderabad, Telangana, India | |
| Shankar Steels Pvt.Ltd. | ₹294.61 Cr (FY 2025) | -6.0% | Kolkata, West Bengal, India | |||
| Ravi Steels Pvt Ltd | ₹294.53 Cr (FY 2024) | -5.0% | Guwahati, Assam, India | |||
| Dadhichi Iron & Steel Private Limited | ₹293.6 Cr (FY 2019) | 36.0% | Rajgangpur, Odisha, India |
To see the full peer comparison of Virtue Marketing Private Limited, buy the company report.
Shareholding
The shareholding of Virtue Marketing Private Limited is on record for 2 financial years, the latest being FY 2016, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2016 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Virtue Marketing Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Mar 2014 | 10490923 | The Karur Vysya Bank Limited | ₹35 Cr | Open |
To see the full charge records of Virtue Marketing Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Virtue Marketing Private Limited has 9 court cases on record: 1 filed by Virtue Marketing, 8 filed against it. 5 cases are pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 7 | 5 |
| High courts | 2 | 1 | 0 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Hyderabad Central, Telangana | Execution petition | Filed against the company by M/S Shriram City Union Finance Ltd | Disposed |
| District court, Chennai, Tamil Nadu | Criminal complaint | Filed against the company by Shriram City Union Finance Limited Rep by Selvakumar | Disposed |
| District court, Hyderabad Central, Telangana | Criminal case | Filed against the company by an individual | Pending |
| District court, Hyderabad Central, Telangana | Criminal miscellaneous application | Filed against the company by M/S. State Bank of India, Rep.By T. M. Jayaramudu | Pending |
| District court, Guntur, Andhra Pradesh | Civil suit | Filed against the company by individuals | Pending |
To see the full case history of Virtue Marketing 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.
Credit ratings & regulatory alerts
Virtue Marketing Private Limited was last rated by Care on 06 Jun 2023.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 06 Jun 2023 |
To see the full credit ratings and regulatory alerts of Virtue Marketing Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Virtue Marketing Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Virtue Marketing has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAECV3786B1Z9 | Telangana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Virtue Marketing Private Limited, buy the company report.
Recent activity
Virtue Marketing Private Limited has 2 board changes on record since 2013: 2 appointments. The latest: Hitesh Ramesh Jain was appointed as Director on 06 Mar 2013.
Frequently asked questions
Virtue Marketing is an active private limited company based in Secunderabad, Telangana, India. The company works in metal retail and distribution, within the metals and minerals industry. It was incorporated on 06 March 2013 (13+ years old) and is registered under CIN U51103TG2013PTC086181.
Virtue Marketing has 2 current directors:
- Hitesh Ramesh Jain - Director
- Ramesh Otarmal Jain - Director
The latest financial statements of Virtue Marketing on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 29 September 2016. Year-wise statements from 2015 are in the company report.
The GSTIN of Virtue Marketing is 36AAECV3786B1Z9, registered in Telangana. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Virtue Marketing is U51103TG2013PTC086181. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Virtue Marketing has 9 court cases on record: 1 filed by the company and 8 filed against it. 5 are pending. Most are in the district courts.
Virtue Marketing was incorporated on 06 March 2013, making it 13+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Virtue Marketing by revenue are Chinar Steel Segment Centre Private Limited, Devesh Engineering Enterprises Private Limited, Kamini Metalliks Private Limited, Tycoon Suppliers Private Limited, Shankar Steels Pvt.Ltd. and 2 more, all in the Metals and Minerals industry (Metal Retail and Distribution), with the same principal business activity (wholesale trading).
Hitesh Ramesh Jain was appointed as Director on 06 Mar 2013. Ramesh Otarmal Jain was appointed as Director on 06 Mar 2013.
The registered office of Virtue Marketing is at Mch No.1 – 2 – 137 To 154 Plot No.306 Minerva Complex 3rd Floor S.D.Road, Secunderabad, Telangana, India – 500003.
Virtue Marketing operates in the metals and minerals industry, in the metal retail and distribution segment.
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