Virat Industries Limited

This company manufactures and exports a variety of socks to international markets.

1990 | Navsari, Gujarat (India) | Active
Last Updated: November 16, 2024

Virat Industries Profile

Key Indicators

  • Authorised Capital ₹ 15.00 Cr
  • Paid Up Capital ₹ 4.92 Cr
  • Company Age 34 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 5.98 Cr
  • Satisfied Charges ₹ 6.38 Cr
  • Revenue Growth 52.82%
  • Profit Growth 19.86%
  • Ebitda 6.05%
  • Net Worth 4.78%
  • Total Assets 9.95%

About Virat Industries

Virat Industries Limited (VIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 14 October 1990 and has a history of 34 years and four months. Its registered office is in Navsari, Gujarat, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 530521.

The Corporate was formerly known as Oral Hygiene Pvt Ltd. The Company is engaged in the Fashion And Textile Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 15.00 Cr and a paid-up capital of Rs 4.92 Cr.

The company currently has active open charges totaling ₹5.98 Cr. The company has closed loans amounting to ₹6.38 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Virat Industries Limited India are Mrbhavik Maisuria as CFO and Himanshu Zinzuwadia as Company Secretary. Kaizad Dadyburjor, Adi Madan, Ayesha Dadyburjor, and Three other members serve as directors at the Company.

Company Details

  • Location

    Navsari, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    viratindustries.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    L29199GJ1990PLC014514

  • Company No.

    014514

  • Stock Symbol

    BSE : 530521

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    14 Oct 1990

  • Date of AGM

    05 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Ahmedabad

Industry

Fashion and Textile

What products or services does Virat Industries Limited offer?

Virat Industries Limited offers a wide range of products and services, including Leggings, Jeggings, Socks & Stocking, Sports Socks, Men Socks, Kids Casual, Ethnic & Western Wear, Kids Socks.

Who are the key members and board of directors at Virat Industries?

Executive Team (3)

NameDesignationAppointment DateStatus
Adi Madan Country flag representing In Managing Director01-Oct-2015Current
Mrbhavik Maisuria Country flag representing In CFO29-May-2014Current
Himanshu Zinzuwadia Company Secretary01-Mar-2024Current

Board Members (5)

NameDesignationAppointment DateStatus
Vaibhav Mandhana Country flag representing In Director 20-Jul-2024Current
Kaizad Dadyburjor Country flag representing In Director 25-Jun-2004Current
Ayesha Dadyburjor Country flag representing In Whole-Time Director 01-Apr-2012Current
Dashrath Pawaskar Director 16-Aug-2024Current
Chintamani Thatte Country flag representing In Director 16-Aug-2024Current

Financial Performance of Virat Industries.

Virat Industries Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 52.82% increase. The company also saw a substantial improvement in profitability, with a 19.86% increase in profit. The company's net worth moved up by a moderate rise of 4.78%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
52.82%
Revenue from Operations
52.84%
Total Assets
9.95%
Profit or Loss
19.86%
Net Worth
4.78%
EBITDA
6.05%

What is the Ownership and Shareholding Structure of Virat Industries?

In 2023, Virat Industries had a promoter holding of 27.19% and a public holding of 72.81%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹5.98 Cr

Satisfied Charges

₹6.38 Cr

Charges Breakdown by Lending Institutions

  • Others : 5.60 Cr
  • Axis Bank Limited : 0.38 Cr

Latest Charge Details

DateLenderAmountStatus
29 Jul 2023Others₹7.50 MOpen
15 Feb 2020Axis Bank Limited₹3.75 MOpen
26 Apr 2018Others₹4.85 CrOpen
12 Oct 2004Bank Of Baroda₹2.85 CrSatisfied
08 Oct 2004Bank Of Baroda₹0.50 MSatisfied

How Many Employees Work at Virat Industries?

Virat Industries has a workforce of 151 employees as of Sep 17, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Virat Industries, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Virat Industries's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Virat Industries

Recent activity within the organization

  • Annual General Meeting

    Virat Industries Limited last Annual general meeting of members was held on 05 Sep 2024 as per latest MCA records.

    05 Sep 2024

  • Director Appointment

    Dashrath Bhiku Pawaskar was appointed as a Director was appointed as a Director on 16 Aug 2024 & has been associated with this company since 6 months 8 days .

    16 Aug 2024

  • Director Appointment

    Chintamani Dattatraya Thatte was appointed as a Director was appointed as a Director on 16 Aug 2024 & has been associated with this company since 6 months 8 days .

    16 Aug 2024

  • Director Appointment

    Vaibhav Mandhana was appointed as a Director was appointed as a Director on 20 Jul 2024 & has been associated with this company since 7 months 4 days .

    20 Jul 2024

  • Balance Sheet

    Virat Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Director Appointment

    Himanshu Vipul Zinzuwadia was appointed as a Company Secretary was appointed as a Company Secretary on 01 Mar 2024 & has been associated with this company since 11 months 23 days .

    01 Mar 2024

Frequently asked questions

  • Virat Industries Limited was incorporated on 14 Oct 1990.

  • The authorized share capital of Virat Industries Limited is ₹ 15.00 Cr and paid-up capital is ₹ 4.92 Cr.

  • Currently 8 directors are associated with Virat Industries Limited.

    • Kaizad Rusi Dadyburjor
    • Adi Fredoon Madan
    • Ayesha Kaizad Dadyburjor
    • Vaibhav Mandhana
    • MrBhavik Maisuria
    • Dashrath Bhiku Pawaskar
    • Chintamani Dattatraya Thatte
    • Himanshu Vipul Zinzuwadia
  • As per Ministry of Corporate Affairs (Mca), the registered address of Virat Industries Limited is A-112 G I D C Industrial Estate Kabil Pore India, Navsari, Gujarat, 396424.

  • The corporate identification number (CIN) of Virat Industries Limited is L29199GJ1990PLC014514 and the company number is 014514 as per Ministry of Corporate Affairs (MCA).

  • Yes, Virat Industries Limited is registered on Bombay Stock Exchange (BSE).

  • The Official website of Virat Industries Limited is https://www.viratindustries.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Virat Industries Limited has risen by 52.82%.

  • As Per 2023 financial reports, 151 employees are currently employed by Virat Industries Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Virat Industries Limited has experienced an upsurge of 4.78%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Virat Industries Limited amount to ₹ 5.98 Cr.

  • The most recent Balance Sheet for Virat Industries Limited was filed with the ROC on 31 Mar 2024.

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