About Virtus Business Solutions Private Limited
Data last updated:
Virtus Business Solutions Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 02 April 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U74900PN2013PTC146782.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Sourabh Rajaram Hanamghar and Suresh Siddheshwar Mire.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Sn54/1/3 Hn10378 Noble Man Chester Police Station Nrh, Pune, Maharashtra, India – 411041.
As per the financials filed for FY 2022, the company reported a revenue of ₹5.77 Lakh. For the same year it recorded a net profit of ₹35,372 (net margin 6.1%) and EBITDA of ₹35,372 (EBITDA margin 6.1%). Revenue has grown at a compounded annual rate (CAGR) of 137% over three years and 7% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website virtusbs.com.
Company details
Contact details
Virtus Business Solutions Private Limited's registered office is in Pune, Maharashtra. Its website is virtusbs.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressSn54/1/3 Hn10378 Noble Man Chester Police Station Nrh, Pune, Maharashtra, India – 411041
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Virtus Business Solutions 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 Virtus Business Solutions is professional, scientific and technical. In detail, this covers accounting, book keeping and auditing activities, tax consultancy.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M2 | Accounting, book keeping and auditing activities, tax consultancy |
To see the full business activity and turnover split of Virtus Business Solutions Private Limited, buy the company report.
Financials of Virtus Business Solutions Private Limited
FY 2022 filings availableVirtus Business Solutions Private Limited reported revenue of ₹5.77 Lakh for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 7% over five years. 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹5.77 Lakh | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹35,372 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹35,372 | ||||
| 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.1% | ||||
| Net Profit Margin | 6.1% | ||||
| 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 Virtus Business Solutions Private Limited, buy the company report.
Board of directors of Virtus Business Solutions Private Limited
Virtus Business Solutions has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sourabh Rajaram Hanamghar | Director | 18 Jul 2022 | 4 Years 3 Months | Current |
| Suresh Siddheshwar Mire | Director | 18 Jul 2022 | 4 Years 3 Months | Current |
Auditor
Virtus Business Solutions Private Limited is audited by D A TAWARE & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D A TAWARE & ASSOCIATES | FY 2022 | 132430W |
Shareholding
The shareholding of Virtus Business Solutions Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Virtus Business Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Virtus Business Solutions Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Virtus Business Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Virtus Business Solutions Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Virtus Business Solutions Private Limited has 10 board changes on record since 2014: 2 appointments and 8 cessations. The latest: Sourabh Rajaram Hanamghar ceased to be Additional Director on 30 Sep 2022.
1 earlier event is in the company report.
Frequently asked questions
Virtus Business Solutions is an active private limited company based in Pune, Maharashtra, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 02 April 2013 (13+ years old) and is registered under CIN U74900PN2013PTC146782.
Virtus Business Solutions has 2 current directors:
- Sourabh Rajaram Hanamghar - Director
- Suresh Siddheshwar Mire - Director
The latest financial statements of Virtus Business Solutions on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Virtus Business Solutions is U74900PN2013PTC146782. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Virtus Business Solutions was incorporated on 02 April 2013, making it 13+ years old. It is registered with the Registrar of Companies, Pune.
Sourabh Rajaram Hanamghar ceased to be Additional Director on 30 Sep 2022. Suresh Siddheshwar Mire ceased to be Additional Director on 30 Sep 2022. Sourabh Rajaram Hanamghar was appointed as Director on 18 Jul 2022. Virtus Business Solutions has 10 board changes on record in total.
Virtus Business Solutions can be reached through the website virtusbs.com. Its registered office is in Pune, Maharashtra, India.
The registered office of Virtus Business Solutions is at Sn5413 Hn10378 Noble Man Chester Police Station Nrh, Pune, Maharashtra, India – 411041.
Virtus Business Solutions operates in the information technology industry, in the application development and software solutions segment.
The compliance status of Virtus Business Solutions is compliant as of 15 August 2026. The company is actively filing with the Registrar of Companies.