Virtus Techno Innovations Private Limited
About Virtus Techno Innovations Private Limited
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Virtus Techno Innovations Private Limited was a private limited company based in Thane, Maharashtra, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the manufacturing segment of the electronics sector. It was incorporated on 24 February 2006.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U32109MH2006PTC159996. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹50 Lakh and a paid-up capital of ₹30 Lakh. It was led by directors Usha Vinay Tripathi and Ashish Vinaykumar Tripathi.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at A – 2303 Fair Field Lodha Luxuria Lodha Paradise Near Majiwada Bridge Thane (West), Maharashtra, India – 400601.
As per the financials filed for FY 2018, the company reported a revenue of ₹19,940, a decline of 94% compared to the previous year. For the same year it recorded a net loss of ₹43,309 (net margin -217.2%) and EBITDA of -₹37,240 (EBITDA margin -186.8%). Revenue has declined at a compounded annual rate (CAGR) of 91% over three years.
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- Registered AddressA – 2303 Fair Field Lodha Luxuria Lodha Paradise Near Majiwada Bridge Thane (West), Maharashtra, India – 400601
- IndustryElectrnoics, Manufacturing, Electronic Components
- 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
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Financials of Virtus Techno Innovations Private Limited FY 2018 filings available
Virtus Techno Innovations Private Limited reported revenue of ₹19,940 (down 94% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR) of Virtus Techno Innovations Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 91% over three years, including a 94% fall in the latest year. EBITDA fell 120% 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 of Virtus Techno Innovations Private Limited
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| 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 | -₹37,240 | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹43,309 | •••• | •••• | •••• |
| 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 Virtus Techno Innovations Private Limited
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -186.8% | •••• | •••• | •••• |
| Net Profit Margin | -217.2% | •••• | •••• | •••• |
| 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 Virtus Techno Innovations are in the company report.
Financial statements from 2015
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.
Auditor Details of Virtus Techno Innovations Private Limited
Virtus Techno Innovations Private Limited is audited by MRB & ASSOCIATES for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| MRB & 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 Virtus Techno Innovations Private Limited
Virtus Techno Innovations has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Usha Vinay Tripathi Also directs: Sai Leela Technologies Private Limited | Additional Director | 30 Apr 2018 | 8 Years 5 Months | As last reported |
| Ashish Vinaykumar Tripathi Also directs: Kaaljayi Media LLP, Epigeneres Biotech Private Limited | Additional Director | 25 Jul 2014 | 12 Years 2 Months | As last reported |
Ownership and Shareholding of Virtus Techno Innovations Private 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 Virtus Techno Innovations Private Limited
Virtus Techno Innovations Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Virtus Techno Innovations Private Limited
Employment history and EPFO contributions of people linked to Virtus Techno Innovations.
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 Virtus Techno Innovations Private Limited
Virtus Techno Innovations Private Limited has 6 board changes on record since 2014: 2 appointments and 4 cessations. The latest: Usha Vinay Tripathi was appointed as Additional Director on 30 Apr 2018.
Credit Ratings, Litigation & Regulatory Alerts for Virtus Techno Innovations 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 Virtus Techno Innovations 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 Virtus Techno Innovations 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 Virtus Techno Innovations Private Limited
Virtus Techno Innovations has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
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 Virtus Techno Innovations 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 Virtus Techno Innovations Private Limited
Virtus Techno Innovations has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Virtus Techno Innovations was a private limited company based in Thane, Maharashtra, India. The company worked in manufacturing, within the electronics industry. It was incorporated on 24 February 2006 and is registered under CIN U32109MH2006PTC159996. The company has been struck off by the Registrar of Companies and is no longer operational.
Virtus Techno Innovations had 2 directors:
- Usha Vinay Tripathi - Additional Director
- Ashish Vinaykumar Tripathi - Additional Director
The CIN (Corporate Identification Number) of Virtus Techno Innovations is U32109MH2006PTC159996. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Virtus Techno Innovations is at A – 2303 Fair Field Lodha Luxuria Lodha Paradise Near Majiwada Bridge Thane West, Maharashtra, India – 400601.
Virtus Techno Innovations was incorporated on 24 February 2006. It is registered with the Registrar of Companies, Mumbai.
Virtus Techno Innovations reported revenue of ₹19,940 for FY 2018 (down 94% YoY).
Virtus Techno Innovations has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹30 Lakh.
Virtus Techno Innovations reported a net loss of ₹43,309 (net margin -217.2%) and EBITDA of -₹37,240 (EBITDA margin -186.8%) for FY 2018, as per its filed financial statements.
No. Virtus Techno Innovations has 1 GST registration on record and it is cancelled or inactive.