Virtue Software Solutions Private Limited
About Virtue Software Solutions Private Limited
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Virtue Software Solutions Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 21 January 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72900TG2020PTC138553.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹200. It is led by directors including Adapa Veerapannaga Srinivas (Managing Director) and Raj Kumar Sabbathi.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Hyderabad, Telangana.
As per the financials filed for FY 2023, the company reported a revenue of ₹2.05 Cr, a decline of 9% compared to the previous year. For the same year it recorded a net profit of ₹4.75 Lakh (net margin 2.3%) and EBITDA of ₹7.23 Lakh (EBITDA margin 3.5%).
The company has about 3 employees on its provident fund (EPFO) records.
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- Registered AddressLakshmi Veda Ark 05th Floor, Plot No 1217/A Road No 36, Hyderabad, Telangana, India – 500033
- IndustryInformation Technology, IT Consulting & Support 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 Software Solutions Private Limited
The main business activity of Virtue Software Solutions is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. | 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 Software Solutions Private Limited FY 2023 filings available
Virtue Software Solutions Private Limited reported revenue of ₹2.05 Cr (down 9% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Virtue Software Solutions Private Limited
Revenue fell 9% in the latest year. EBITDA rose 69% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Virtue Software Solutions Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• |
| EBITDA | ₹7.23 Lakh | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹4.75 Lakh | •••• | •••• | •••• |
| 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 Software Solutions Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 3.5% | •••• | •••• | •••• |
| Net Profit Margin | 2.3% | •••• | •••• | •••• |
| 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 Software Solutions are in the company report.
Financial statements from FY 2020
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.
Board of Directors of Virtue Software Solutions Private Limited
Virtue Software Solutions has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Adapa Veerapannaga Srinivas | Managing Director | 10 Aug 2020 | 6 Years 2 Months | Current |
| Raj Kumar Sabbathi | Director | 13 Jun 2024 | 2 Years 4 Months | Current |
| Sanyasi Raju Pinnamaraju Venkata | Director | 13 Jun 2024 | 2 Years 4 Months | Current |
Peer Comparison of Virtue Software Solutions Private Limited
Virtue Software Solutions Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Publishing of computer operating systems, system software, application software, games, etc.). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| FSL Software Technologies Limited | ₹2.06 Cr (FY 2025) | •••• | •••• | -3.0% | •••• | New Delhi, Delhi, India |
| NWT Global Solutions Private Limited | ₹2.06 Cr (FY 2024) | •••• | •••• | 33.0% | •••• | Chennai, Tamil Nadu, India |
| Nomentia India Private Limited | ₹2.05 Cr (FY 2022) | •••• | •••• | -32.0% | •••• | Chandigarh, India |
| Openeyes Software Solutions Private Limited (OPC) | ₹2.05 Cr (FY 2025) | •••• | •••• | 16.0% | •••• | Jamnagar, Gujarat, India |
| Jasgun Ventures Private Limited | ₹2.05 Cr (FY 2025) | •••• | •••• | 27.0% | •••• | Jalandhar, Punjab, India |
| Virtue Software Solutions Private Limited this company | ₹2.05 Cr (FY 2023) | •••• | •••• | -9.0% | •••• | Hyderabad, Telangana, India |
| Isiri Technologies Private Limited | ₹2.05 Cr (FY 2024) | •••• | •••• | 49.0% | •••• | Mangalore, Karnataka, India |
| Asi Innosoft Technologies Private Limited | ₹2.05 Cr (FY 2025) | •••• | •••• | -8.0% | •••• | Hyderabad, Telangana, India |
| Kosar Infotech Private Limited | ₹2.05 Cr (FY 2024) | •••• | •••• | 98.0% | •••• | Coimbatore, Tamil Nadu, India |
| Supro Info Solutions Private Limited | ₹2.05 Cr (FY 2025) | •••• | •••• | 32.0% | •••• | Surat, Gujarat, India |
| Sofgen Infotech Private Limited | ₹2.05 Cr (FY 2025) | •••• | •••• | 23.0% | •••• | Delhi, India |
Peers are the five companies nearest above and the five nearest below Virtue Software Solutions by revenue in the same principal business activity (Publishing of computer operating systems, system software, application software, games, etc.), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Charges & Borrowings of Virtue Software Solutions Private Limited
Virtue Software Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Virtue Software Solutions Private Limited
Employment history and EPFO contributions of people linked to Virtue Software Solutions.
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 Software Solutions Private Limited
Virtue Software Solutions Private Limited has 6 board changes on record since 2020: 3 appointments and 3 cessations. The latest: Nallaparaju Kiran Kumar ceased to be Director on 05 Jul 2024.
Credit Ratings, Litigation & Regulatory Alerts for Virtue Software Solutions 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 Software Solutions 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 Software Solutions 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.
GST Compliance of Virtue Software Solutions Private 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 Software Solutions 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.
Frequently Asked Questions about Virtue Software Solutions Private Limited
Virtue Software Solutions is an active private limited company based in Hyderabad, Telangana, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 21 January 2020 (6+ years old) and is registered under CIN U72900TG2020PTC138553.
Virtue Software Solutions reported revenue of ₹2.05 Cr for FY 2023 (down 9% YoY).
Virtue Software Solutions has 3 current directors:
- Adapa Veerapannaga Srinivas - Managing Director
- Raj Kumar Sabbathi - Director
- Sanyasi Raju Pinnamaraju Venkata - Director
Virtue Software Solutions reported a net profit of ₹4.75 Lakh (net margin 2.3%) and EBITDA of ₹7.23 Lakh (EBITDA margin 3.5%) for FY 2023, as per its filed financial statements.
The CIN (Corporate Identification Number) of Virtue Software Solutions is U72900TG2020PTC138553. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Virtue Software Solutions was incorporated on 21 January 2020, making it 6+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Virtue Software Solutions by revenue are FSL Software Technologies Limited, NWT Global Solutions Private Limited, Nomentia India Private Limited, Openeyes Software Solutions Private Limited (OPC), Jasgun Ventures Private Limited and 5 more, all in the same principal business activity (Publishing of computer operating systems, system software, application software, games, etc.).
Nallaparaju Kiran Kumar ceased to be Director on 05 Jul 2024. Raj Kumar Sabbathi was appointed as Director on 13 Jun 2024. Sanyasi Raju Pinnamaraju Venkata was appointed as Director on 13 Jun 2024. Virtue Software Solutions has 6 board changes on record in total.
The registered office of Virtue Software Solutions is at Lakshmi Veda Ark 05th Floor, Plot No 1217A Road No 36, Hyderabad, Telangana, India – 500033.
Virtue Software Solutions has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹200.
Virtue Software Solutions operates in the information technology industry, in the IT consulting and support services segment.