
Virtuous Healthcare Limited
About Virtuous Healthcare Limited
Data last updated:
Virtuous Healthcare Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the hospital and clinical services segment of the healthcare sector. It was incorporated on 30 September 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U85100MH2008PLC187189. Its GSTIN is 27AADCV1706A1ZV (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹5 Cr. It is led by directors including Vikrant Agarwal Rajeev and Rajeev Kishanprasad Agarwal.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2021, the company reported a revenue of ₹31.76 Lakh, a growth of 48% compared to the previous year. For the same year it recorded a net profit of ₹10,865 (net margin 0.3%) and EBITDA of ₹1.8 Lakh (EBITDA margin 5.7%). Revenue has declined at a compounded annual rate (CAGR) of 30% over five years.
As per MCA filings, the company has open charges of ₹9.07 Cr on record. Court records list 2 cases involving the company, including 2 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Virtuous Healthcare Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressSaraswati Hospital Sushila Sadan Near Charkop Bus Depo & Mtnl Kandivali, (West), Mumbai, Maharashtra, India – 400067
- IndustryHealthcare, Hospitals
To see the full contact details of Virtuous Healthcare 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 Virtuous Healthcare is hospital and medical care. In detail, this covers other hospital and medical care activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| Q | Hospital and Medical Care | Q6 | Other Hospital and Medical Care Activities |
To see the full business activity and turnover split of Virtuous Healthcare Limited, buy the company report.
Financials of Virtuous Healthcare Limited
FY 2021 filings availableVirtuous Healthcare Limited reported revenue of ₹31.76 Lakh (up 48% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue rose 48% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 30%. EBITDA fell 15% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹31.76 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.8 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹10,865 | ||||
| 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.7% | ||||
| Net Profit Margin | 0.3% | ||||
| 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 | |||||
To see the full financial statements and ratios of Virtuous Healthcare Limited, buy the company report.
Board of directors of Virtuous Healthcare Limited
Virtuous Healthcare has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vikrant Agarwal Rajeev Also directs: Gateway Occupants Welfare Association, Shiva Rameehans Constructions LLP, Shiva Lifestyle Realty LLP and 3 more | Director | 20 May 2019 | 7 Years 5 Months | Current |
| Rajeev Kishanprasad Agarwal | Director | 08 Dec 2022 | 3 Years 10 Months | Current |
| Dilp Kisanprasad Agarwal Also directs: Gateway Occupants Welfare Association | Director | 08 Dec 2022 | 3 Years 10 Months | Current |
Auditor
Virtuous Healthcare Limited is audited by KAMLESH DOSHI & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KAMLESH DOSHI & CO | FY 2021 | 136509W |
Shareholding
The shareholding of Virtuous Healthcare Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Virtuous Healthcare Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Mar 2016 | 100040063 | Others | ₹9.07 Cr | Open |
Total charge records: 1 View all charges
Legal cases
Virtuous Healthcare Limited has 2 court cases on record: 2 filed against it. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed against the company by M/S Religare Finvest Ltd | Pending |
| District court, Jalandhar, Punjab | Cheque dishonour complaint | Filed against the company by Rachil Pharma | Disposed |
To see the full case history of Virtuous Healthcare 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 Virtuous Healthcare Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Virtuous Healthcare has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCV1706A1ZV | Maharashtra | Active | 01 Jul 2017 |
| 23AADCV1706A1Z3 | Madhya Pradesh | Active | 11 Mar 2020 |
To see the full GST registrations and return filing status of Virtuous Healthcare Limited, buy the company report.
Recent activity
Virtuous Healthcare Limited has 9 board changes on record since 2019: 3 appointments and 6 cessations. The latest: Dilp Kisanprasad Agarwal was appointed as Director on 08 Dec 2022.
1 earlier event is in the company report.
Frequently asked questions
Virtuous Healthcare is an active public limited company based in Mumbai, Maharashtra, India. The company works in hospitals, within the healthcare industry. It was incorporated on 30 September 2008 (18+ years old) and is registered under CIN U85100MH2008PLC187189.
Virtuous Healthcare has 3 current directors:
- Vikrant Agarwal Rajeev - Director
- Rajeev Kishanprasad Agarwal - Director
- Dilp Kisanprasad Agarwal - Director
The latest financial statements of Virtuous Healthcare on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
The GSTIN of Virtuous Healthcare is 27AADCV1706A1ZV, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 23AADCV1706A1Z3 (Madhya Pradesh).
The CIN (Corporate Identification Number) of Virtuous Healthcare is U85100MH2008PLC187189. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Virtuous Healthcare has 2 court cases on record: 2 filed against it. 1 is pending.
Virtuous Healthcare was incorporated on 30 September 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.
Dilp Kisanprasad Agarwal was appointed as Director on 08 Dec 2022. Hukum Chand Agrawal ceased to be Director on 08 Dec 2022. Rajeev Kishanprasad Agarwal was appointed as Director on 08 Dec 2022. Virtuous Healthcare has 9 board changes on record in total.
The registered office of Virtuous Healthcare is at Saraswati Hospital Sushila Sadan Near Charkop Bus Depo & Mtnl Kandivali, West, Mumbai, Maharashtra, India – 400067.
Virtuous Healthcare operates in the healthcare industry, in the hospitals segment.

