About Virtue Nidhi Limited
Data last updated:
Virtue Nidhi Limited is a nidhi company based in Lucknow, Uttar Pradesh, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 14 July 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Uttar Pradesh, under CIN U65992UP2017PLC095011.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Ammar Uddin Ahmad and Faisal Khan.
Its last annual general meeting (AGM) was held on 30 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at C – 17 18 Second Floor Vibhuti Khand Gomti Nagar, Lucknow, Uttar Pradesh, India – 226010.
As per the financials filed for FY 2020, the company reported a revenue of ₹1.31 Lakh, a growth of 14% compared to the previous year. For the same year it recorded a net profit of ₹859 (net margin 0.7%) and EBITDA of ₹11,224 (EBITDA margin 8.6%).
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website radiancewebtech.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressC – 17 18 Second Floor Vibhuti Khand Gomti Nagar, Lucknow, Uttar Pradesh, India – 226010
- IndustryFinancial Services, Diversified Financial Services
- 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 Nidhi Limited
The main business activity of Virtue Nidhi is financial and insurance service. In detail, this covers other financial activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial 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.
Financials of Virtue Nidhi Limited FY 2020 filings available
Virtue Nidhi Limited reported revenue of ₹1.31 Lakh (up 14% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR) of Virtue Nidhi Limited
Revenue rose 14% in the latest year. EBITDA rose 2% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Virtue Nidhi Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• |
| Total Revenue | ₹1.31 Lakh | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• |
| EBITDA | ₹11,224 | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | ₹859 | •••• | •••• |
| 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 of Virtue Nidhi Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 8.6% | •••• | •••• |
| Net Profit Margin | 0.7% | •••• | •••• |
| 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 | •••• | •••• | •••• |
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 Nidhi are in the company report.
Financial statements from FY 2018
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.
Peer Comparison of Virtue Nidhi Limited
Virtue Nidhi Limited is compared with the companies closest to it by revenue in the BFSI industry (Other Financial Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Jayshika Consultancy Private Limited | ₹1.32 Lakh (FY 2023) | •••• | •••• | -94.0% | •••• | Hyderabad, Telangana, India |
| Pulinkara Ten Star Nidhi Limited | ₹1.31 Lakh (FY 2022) | •••• | •••• | 379.0% | •••• | Chalakudy, Kerala, India |
| Ekdant Professionals Private Limited | ₹1.31 Lakh (FY 2025) | •••• | •••• | -63.0% | •••• | Kolkata, West Bengal, India |
| Ratnakar Vincom Private Limited | ₹1.31 Lakh (FY 2025) | •••• | •••• | 3.0% | •••• | Kolkata, West Bengal, India |
| G.S.P. Enterprises Private Limited | ₹1.31 Lakh (FY 2018) | •••• | •••• | 19.0% | •••• | Mumbai, Maharashtra, India |
| Virtue Nidhi Limited this company | ₹1.31 Lakh (FY 2020) | •••• | •••• | 14.0% | •••• | Lucknow, Uttar Pradesh, India |
| Agashe Brothers Financing Co Pvt Ltd | ₹1.31 Lakh (FY 2025) | •••• | •••• | •••• | Pune, Maharashtra, India | |
| Cosepa Fiscal Industries Private Limited | ₹1.31 Lakh (FY 2025) | •••• | •••• | -56.0% | •••• | Mumbai, Maharashtra, India |
| Credwise Fintech Private Limited | ₹1.31 Lakh (FY 2025) | •••• | •••• | •••• | Delhi, India | |
| Krishnan Nair Nidhi Limited | ₹1.3 Lakh (FY 2022) | •••• | •••• | 170.0% | •••• | Thiruvananthapuram, Kerala, India |
| Rampimo Investments Private Limited | ₹1.3 Lakh (FY 2025) | •••• | •••• | 197.0% | •••• | Dharwad, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Virtue Nidhi by revenue in the BFSI industry (Other Financial Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Virtue Nidhi Limited
Virtue Nidhi Limited is audited by PRAFUL & ASSOCIATES for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| PRAFUL & ASSOCIATES | 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 Nidhi Limited
Virtue Nidhi has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ammar Uddin Ahmad | Director | 14 Jul 2017 | 9 Years 2 Months | Current |
| Faisal Khan Also directs: Urbandoor Minings Private Limited, Ziko Pharmaceuticals Private Limited, Urbandoor Infratech Private Limited and 5 more | Director | 14 Jul 2017 | 9 Years 2 Months | Current |
| Adil Ziya Khan Also directs: Urbandoor Minings Private Limited, Ziko Pharmaceuticals Private Limited, Urbandoor Infratech Private Limited and 5 more | Director | 14 Jul 2017 | 9 Years 2 Months | Current |
Ownership and Shareholding of Virtue Nidhi 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 Nidhi Limited
Virtue Nidhi Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Virtue Nidhi Limited
Employment history and EPFO contributions of people linked to Virtue Nidhi.
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 Virtue Nidhi Limited
Virtue Nidhi Limited has 3 board changes on record since 2017: 3 appointments. The latest: Adil Ziya Khan was appointed as Director on 14 Jul 2017.
Credit Ratings, Litigation & Regulatory Alerts for Virtue Nidhi 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 Nidhi 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 Nidhi 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.
GST Compliance of Virtue Nidhi Limited
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 Virtue Nidhi 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.
Frequently Asked Questions about Virtue Nidhi Limited
Virtue Nidhi is an active nidhi company based in Lucknow, Uttar Pradesh, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 14 July 2017 (9+ years old) and is registered under CIN U65992UP2017PLC095011.
Virtue Nidhi reported revenue of ₹1.31 Lakh for FY 2020 (up 14% YoY).
Virtue Nidhi has 3 current directors:
- Ammar Uddin Ahmad - Director
- Faisal Khan - Director
- Adil Ziya Khan - Director
Virtue Nidhi reported a net profit of ₹859 (net margin 0.7%) and EBITDA of ₹11,224 (EBITDA margin 8.6%) for FY 2020, as per its filed financial statements.
The CIN (Corporate Identification Number) of Virtue Nidhi is U65992UP2017PLC095011. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Virtue Nidhi was incorporated on 14 July 2017, making it 9+ years old. It is registered with the Registrar of Companies, Uttar Pradesh.
The peers of Virtue Nidhi by revenue are Jayshika Consultancy Private Limited, Pulinkara Ten Star Nidhi Limited, Ekdant Professionals Private Limited, Ratnakar Vincom Private Limited, G.S.P. Enterprises Private Limited and 5 more, all in the BFSI industry (Other Financial Services).
Adil Ziya Khan was appointed as Director on 14 Jul 2017. Ammar Uddin Ahmad was appointed as Director on 14 Jul 2017. Faisal Khan was appointed as Director on 14 Jul 2017.
Virtue Nidhi can be reached through the website radiancewebtech.com. Its registered office is in Lucknow, Uttar Pradesh, India.
The registered office of Virtue Nidhi is at C – 17 18 Second Floor Vibhuti Khand Gomti Nagar, Lucknow, Uttar Pradesh, India – 226010.
Virtue Nidhi has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh.