About Virya Resources Limited
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Virya Resources Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 07 January 1987 and has been in existence for over 39 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L45100MH1987PLC042141. Its GSTIN is 36AABCG3770D1ZV (Telangana). It is a listed company.
The company has an authorised share capital of ₹16.5 Cr and a paid-up capital of ₹1.5 Cr. It was formerly known as Gayatri Tissue and Papers Limited and Jutex India Ltd. It is led by directors including Valavala Subrahmanyam Venkata and Candra Winoto Salim.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2023, the company reported a revenue of ₹95 Lakh, a decline of 50% compared to the previous year. For the same year it recorded a net profit of ₹48.74 Lakh (net margin 51.3%) and EBITDA of ₹57.74 Lakh (EBITDA margin 60.8%). Revenue has declined at a compounded annual rate (CAGR) of 5% over three years and 16% over five years.
The company is associated with 2 brands: Gayatri Projects and Virya Resources.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website viryaresources.com.
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- Website
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- Registered AddressOffice No 137 (Part 2) Andheri Indusrial Estate, Veera Desai Raod, Mumbai, Maharashtra, India – 400053
- IndustryInfrastructure and Utilities, General Construction 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
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Financials of Virya Resources Limited FY 2025 filings available
Virya Resources Limited reported revenue of ₹95 Lakh (down 50% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Virya Resources Limited
Revenue has declined at a compounded annual rate (CAGR) of 16% over five years, including a 50% fall in the latest year. EBITDA fell 50% 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 Virya Resources Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹95 Lakh | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹57.74 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹48.74 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 Virya Resources Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 60.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 51.3% | •••• | •••• | •••• | •••• |
| 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 Virya Resources 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 Virya Resources Limited
Virya Resources Limited is audited by N G RAO & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| N G RAO & 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 Virya Resources Limited
Virya Resources has 6 current directors and 19 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Valavala Subrahmanyam Venkata Also directs: Sriven Multi-Tech Limited, Siri Foods Private Limited, Artha Global Share Registry Private Limited and 5 more | Director | 29 Sep 2021 | 5 Years 0 Months | Current |
| Candra Winoto Salim | Director | 17 Sep 2022 | 4 Years 0 Months | Current |
| Sukhdev Singh Also directs: VR Mines and Minerals Private Limited | Director | 17 Sep 2022 | 4 Years 0 Months | Current |
| Arudji Kiswanto Also directs: VR Integrated Project Management Private Limited | Director | 30 Dec 2021 | 4 Years 9 Months | Current |
| Harry Tri Respati | Director | 01 Jul 2025 | 1 Years 3 Months | Current |
| Madhireddy Venkata Subbalakshmi | Director | 02 Sep 2025 | 1 Years 1 Months | Current |
Ownership and Shareholding of Virya Resources 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 Virya Resources Limited
Virya Resources Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Virya Resources Limited
Virya Resources operates two associated brands: Gayatri Projects and Virya Resources. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Construction and infrastructure projects are undertaken in multiple sectors. | gayatri.co.in | |
| Natural resource extraction and industrial supply services. | viryaresources.com |
Employees and EPFO Compliance at Virya Resources Limited
Employment history and EPFO contributions of people linked to Virya Resources.
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.
Name History of Virya Resources Limited
Virya Resources has undergone 2 name changes throughout its history. The company was previously known as Gayatri Tissue And Papers Limited, and Jutex India Ltd. The current legal name is Virya Resources Limited.
| Company Name | Status |
|---|---|
| Virya Resources Limited | Current |
| Gayatri Tissue And Papers Limited | Previous |
| Jutex India Ltd | Previous |
CIN History of Virya Resources Limited
Virya Resources has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L45100MH1987PLC042141, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L45100MH1987PLC042141 | Current |
| L51900MH1987PLC042141 | Previous |
| U51900MH1987PLC042141 | Previous |
News related to Virya Resources Limited
Recent Activity on Virya Resources Limited
Virya Resources Limited has 36 board changes on record since 1995: 21 appointments and 15 cessations. The latest: Natarajan Venkata Subramanian ceased to be Director on 07 Oct 2025.
27 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Virya Resources 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 Virya Resources 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 Virya Resources 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 Virya Resources Limited
Virya Resources has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AABCG3770D1ZV | Telangana | Active | 01 Jul 2017 |
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 Virya Resources 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 Virya Resources Limited
Virya Resources is an active public limited company based in Mumbai, Maharashtra, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 07 January 1987 (39+ years old) and is registered under CIN L45100MH1987PLC042141.
Virya Resources reported revenue of ₹95 Lakh for FY 2023 (down 50% YoY).
Virya Resources has 6 current directors:
- Valavala Subrahmanyam Venkata - Director
- Candra Winoto Salim - Director
- Sukhdev Singh - Director
- Arudji Kiswanto - Director
- Harry Tri Respati - Director
- Madhireddy Venkata Subbalakshmi - Director
Virya Resources reported a net profit of ₹48.74 Lakh (net margin 51.3%) and EBITDA of ₹57.74 Lakh (EBITDA margin 60.8%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Virya Resources is 5% over three years and -16% over five years. In the latest year (FY 2023) revenue fell 50%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Virya Resources is 36AABCG3770D1ZV, registered in Telangana.
The CIN (Corporate Identification Number) of Virya Resources is L45100MH1987PLC042141. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes, Virya Resources is a listed company.
Virya Resources was incorporated on 07 January 1987, making it 39+ years old. It is registered with the Registrar of Companies, Mumbai.
Natarajan Venkata Subramanian ceased to be Director on 07 Oct 2025. Kristianto ceased to be Additional Director on 30 Sep 2025. Madhireddy Venkata Subbalakshmi was appointed as Director on 02 Sep 2025. Virya Resources has 36 board changes on record in total.