MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-TN-12-0011009
Virutcham Microfinance Limited - financial services in Madurai, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹23.84 Cr
▲ 2% YoY
Net profit · FY 2025
₹1.61 Cr
Net margin 6.8%
EBITDA · FY 2025
₹14.79 Cr
EBITDA margin 62%
Authorised capital
₹20 Cr
Registered with MCA
Paid-up capital
₹18.02 Cr
Issued & subscribed
Open charges
₹131.5 Cr
Satisfied ₹237.87 Cr
Company age
18 yrs
Est. 2008
Employees · EPFO
228
Provident fund records
About Virutcham Microfinance Limited
Data last updated:
Virutcham Microfinance Limited is a public limited company based in Madurai, Tamil Nadu, India. It operates in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 08 July 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U65929TN2008PLC068502. Its GSTIN is 33AACCV9529Q2ZK (Tamil Nadu). The company holds 4 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹20 Cr and a paid-up capital of ₹18.02 Cr. It is led by directors including Soosai Charles Selvaraj (Managing Director) and Alex Francisco Nicholas.
Its last annual general meeting (AGM) was held on 14 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No 1 Mullai Tower Mullai Nagar South Thanakkankulam Thirunagar, Madurai, Tamil Nadu, India – 625006.
As per the financials filed for FY 2025, the company reported a revenue of ₹23.84 Cr, a growth of 2% compared to the previous year. For the same year it recorded a net profit of ₹1.61 Cr (net margin 6.8%) and EBITDA of ₹14.79 Cr (EBITDA margin 62%). Revenue has grown at a compounded annual rate (CAGR) of 28% over three years and 9% over five years.
The company has about 228 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Virutcham Microfinance. As per MCA filings, the company has open charges of ₹131.5 Cr and satisfied charges of ₹237.87 Cr on record. The company has 9 deals on record (7 funding rounds, 1 rights issue, 1 debt financing), with disclosed funding of ₹17.11 Cr; the latest was in November 2023. Its 4 peer companies in the BFSI industry (Micro Finance Institutions, Small Non Deposit NBFC), with the same principal business activity (other financial activities) are compared by revenue, 3 larger and 1 smaller; the largest is Bazaari Global Finance Limited with revenue of ₹23.95 Cr.
Virutcham Microfinance Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-12-0011009). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website virutcham.org.
Company details
CIN U65929TN2008PLC068502
Registration Number 068502
Incorporation Date 08 July 2008
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 14 August 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-TN-12-0011009
Key People
Soosai Charles Selvaraj Managing Director Alex Francisco Nicholas Director Devesahayam Asokan Director Recognitions & Rankings of Virutcham Microfinance
Contact details
Virutcham Microfinance Limited's registered office is in Madurai, Tamil Nadu. Its website is virutcham.org. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressPlot No 1 Mullai Tower Mullai Nagar South Thanakkankulam Thirunagar, Madurai, Tamil Nadu, India – 625006
- IndustryFinancial Services, NBFC, Microfinance Institutions
To see the full contact details of Virutcham Microfinance Limited, buy the company report.
Comprehensive company report
Virutcham Microfinance Limited - one report that includes everything
- 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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Brands
Virutcham Microfinance operates one associated brand: Virutcham Microfinance. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Microcredit solutions are provided to consumers through various loan types. | virutcham.org |
Business activity
The main business activity of Virutcham Microfinance is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Virutcham Microfinance Limited, buy the company report.
Financials of Virutcham Microfinance Limited
FY 2025 filings availableVirutcham Microfinance Limited reported revenue of ₹23.84 Cr (up 2% YoY) for FY 2025.
Revenue · FY 2025
₹23.84 Cr ▲ 2%
Net profit · FY 2025
₹1.61 Cr margin 6.8%
EBITDA · FY 2025
₹14.79 Cr margin 62%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 2%
3 years · compounded
▲ 28%
5 years · compounded
▲ 9%
EBITDA CAGR growth
1 year
▲ 2%
3 years · compounded
▲ 29%
5 years · compounded
▲ 7%
Revenue has grown at a compounded annual rate (CAGR) of 9% over five years, including 2% growth in the latest year. EBITDA rose 2% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹14.79 Cr | ||||
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| Net Profit (PAT) | ₹1.61 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 62% | ||||
| Net Profit Margin | 6.8% | ||||
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To see the full financial statements and ratios of Virutcham Microfinance Limited, buy the company report.
Board of directors of Virutcham Microfinance Limited
Virutcham Microfinance has 4 current directors and 22 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Alex Francisco Nicholas | Director | 05 Jun 2014 | 12 Years 4 Months | Current |
| Soosai Charles Selvaraj | Managing Director | 10 Oct 2016 | 10 Years 0 Months | Current |
| Devesahayam Asokan | Director | 15 Jul 2015 | 11 Years 3 Months | Current |
| John Ohilvi Also directs: Jaya Ohilvi Energy Private Limited, John Ohilvi Energy Private Limited, Amoha Real Solutions Private Limited and 1 more | Director | 22 Dec 2023 | 2 Years 10 Months | Current |
Peer comparison
Virutcham Microfinance Limited is compared with the 4 companies closest to it by revenue in the BFSI industry (Micro Finance Institutions, Small Non Deposit NBFC), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Bazaari Global Finance Limited | ₹23.95 Cr (FY 2025) | 26.0% | Mumbai, Maharashtra, India | |||
| Shree Krishna Agency Limited | ₹23.93 Cr (FY 2018) | 275.0% | Kolkata, West Bengal, India | |||
| Saraswati Commercial (India) Ltd | ₹23.85 Cr (FY 2019) | -72.0% | Mumbai, Maharashtra, India | |||
| Virutcham Microfinance Limitedthis company | ₹23.84 Cr (FY 2025) | ₹1.61 Cr | 6.8% | 2.0% | 228 | Madurai, Tamil Nadu, India |
| Jovial Investment and Trading Company Private Limited | ₹23.75 Cr (FY 2021) | -57.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Virutcham Microfinance Limited, buy the company report.
Auditor
Virutcham Microfinance Limited is audited by S CHENTHILKUMAR & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S CHENTHILKUMAR & CO | FY 2023 | 014510S |
Shareholding
The shareholding of Virutcham Microfinance Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Virutcham Microfinance Limited, buy the company report.
Charges & borrowings
Open charges
₹131.5 Cr
Satisfied charges
₹237.87 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Aug 2025 | 101158296 | Others | ₹6 Cr | Open | |
| 07 Aug 2025 | 101135272 | Others | ₹5 Cr | Open | |
| 05 Mar 2025 | 101055970 | Others | ₹10 Cr | Open | |
| 30 Jan 2025 | 101053869 | Others | ₹7 Cr | Open | |
| 21 Jan 2025 | 101039231 | Others | ₹1 Cr | Open |
To see the full charge records of Virutcham Microfinance Limited, buy the company report.
Total charge records: 116 View all charges
Deals & funding
Virutcham Microfinance Limited has 9 deals on record (7 funding rounds, 1 rights issue, 1 debt financing), with disclosed funding of ₹17.11 Cr; the latest was in November 2023.
Total deals
9
Funding rounds
7
Rights issue
1
Debt financing
1
Disclosed funding
₹17.11 Cr
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2023 | Debt financing | ₹6 Cr | Investors: Blacksoil Group |
| Sep 2019 | Funding round | ₹3.35 Cr | Investors: 4 individuals |
| Mar 2019 | Rights issue | ₹2.17 Cr | Investors: Jaani Holdings Private Limited , 3 individuals |
| Mar 2019 | Funding round | ₹2.86 Cr | Investors: 4 individuals |
| Mar 2014 | Funding round | ₹2.07 Cr | Investors: Infotech Solutions, Infotech Audit Solutions, 2 individuals |
To see the full deal history of Virutcham Microfinance Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Virutcham Microfinance Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
Credit ratings & regulatory alerts
Virutcham Microfinance Limited was last rated by Indiarating on 16 Feb 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Indiarating | 16 Feb 2021 |
To see the full credit ratings and regulatory alerts of Virutcham Microfinance Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Virutcham Microfinance Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Virutcham Microfinance Limited has a workforce of 228 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.
Employee count
228
Active EPFO establishments
1
Employee growth
18.75%
GST
Virutcham Microfinance has 4 GST registrations: 3 active and 1 cancelled or inactive.
Total GSTINs
4
Active
3
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AACCV9529Q2ZK | Tamil Nadu | Active | 08 Aug 2017 |
| 29AACCV9529Q1ZA | Karnataka | Active | 30 Jan 2023 |
| 34AACCV9529Q1ZJ | Puducherry | Active | 22 Sep 2023 |
To see the full GST registrations and return filing status of Virutcham Microfinance Limited, buy the company report.
Recent activity
Virutcham Microfinance Limited has 26 board changes on record since 2008: 5 appointments and 21 cessations. The latest: John Ohilvi ceased to be Additional Director on 18 Aug 2024.
Charges
A charge registered on 29 Nov 2023 via Charge ID 100828616 with Others was fully satisfied on 16 Dec 2025.
Charges
A charge registered on 10 Nov 2023 via Charge ID 100815943 with Others was fully satisfied on 11 Dec 2025.
Charges
A charge registered on 31 Jul 2023 via Charge ID 100758888 with Others was fully satisfied on 11 Nov 2025.
Charges
A charge registered on 30 Jun 2022 via Charge ID 100592497 with Others was fully satisfied on 28 Oct 2025.
Charges
A charge registered on 04 Oct 2023 via Charge ID 100803474 with Others was fully satisfied on 14 Oct 2025.
Charges
A charge registered on 28 Dec 2023 via Charge ID 100842884 with Others was fully satisfied on 19 Sep 2025.
Charges
A charge registered on 07 Jun 2023 via Charge ID 100736886 with Others was fully satisfied on 02 Sep 2025.
Charges
A charge with Others amounted to Rs. 6.00 Cr with Charge ID 101158296 was registered on 30 Aug 2025.
AGM
Virutcham Microfinance Limited last Annual general meeting of members was held on 14 Aug 2025 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 5.00 Cr with Charge ID 101135272 was registered on 07 Aug 2025.
Charges
A charge registered on 24 Mar 2023 via Charge ID 100691719 with Others was fully satisfied on 23 Jul 2025.
Charges
A charge registered on 19 Dec 2022 via Charge ID 100657212 with Others was fully satisfied on 18 Jul 2025.
232 earlier events are in the company report.
Frequently asked questions
Virutcham Microfinance is an active public limited company based in Madurai, Tamil Nadu, India. The company works in nbfc, within the financial services industry. It was incorporated on 08 July 2008 (18+ years old) and is registered under CIN U65929TN2008PLC068502.
Virutcham Microfinance has 4 current directors:
- Soosai Charles Selvaraj - Managing Director
- Alex Francisco Nicholas - Director
- Devesahayam Asokan - Director
- John Ohilvi - Director
The latest financial statements of Virutcham Microfinance on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 14 August 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Virutcham Microfinance is 33AACCV9529Q2ZK, registered in Tamil Nadu. The company has 4 GST registrations in all, of which 3 are active and 1 is cancelled or inactive. Other active GSTINs include 29AACCV9529Q1ZA (Karnataka), 34AACCV9529Q1ZJ (Puducherry).
The CIN (Corporate Identification Number) of Virutcham Microfinance is U65929TN2008PLC068502. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Virutcham Microfinance was incorporated on 08 July 2008, making it 18+ years old. It is registered with the Registrar of Companies, Chennai.
Virutcham Microfinance has 9 deals on record (7 funding rounds, 1 rights issue, 1 debt financing), with disclosed funding of ₹17.11 Cr; the latest was in November 2023.
The peers of Virutcham Microfinance by revenue are Bazaari Global Finance Limited, Shree Krishna Agency Limited, Saraswati Commercial (India) Ltd, Jovial Investment and Trading Company Private Limited, all in the BFSI industry (Micro Finance Institutions, Small Non Deposit NBFC), with the same principal business activity (other financial activities).
John Ohilvi ceased to be Additional Director on 18 Aug 2024. John Ohilvi was appointed as Director on 22 Dec 2023. Antony Rayappan A Cruz Antony ceased to be Director on 28 Aug 2022. Virutcham Microfinance has 26 board changes on record in total.
Yes, Virutcham Microfinance is registered as a small enterprise under Udyam registration (number: UDYAM-TN-12-0011009).
Virutcham Microfinance can be reached through the website virutcham.org. Its registered office is in Madurai, Tamil Nadu, India.