Virtuous Magnetics Private Limited

Manufactures electric equipment, incorporated in 2019, based in Telangana.

2019 | Hyderabad, Telangana (India) | Active
Last Updated: December 26, 2024

Virtuous Magnetics Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 2.50 M
  • Company Age 5 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 64.21%
  • Profit Growth 16.46%
  • Ebitda 57.14%
  • Net Worth 9.42%
  • Total Assets 29.76%

About Virtuous Magnetics

Virtuous Magnetics Private Limited (VMPL) is a Private Limited Indian Non-Government Company incorporated in India on 24 December 2019 (Five years and two months 4 days old ). Its registered office is in Hyderabad, Telangana, India.

The Company is engaged in the Consumer Electronics & Durables 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 2.50 M and a paid-up capital of Rs 2.50 M, as per Ministry of Corporate Affairs (MCA) records.

Siva Mulapaku, Venkata Nalavala, Geda Priya, and One other member serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U31900TG2019PTC137878

  • Company No.

    137878

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    24 Dec 2019

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Consumer Electronics & Durables

Who are the key members and board of directors at Virtuous Magnetics?

Board Members (4)

NameDesignationAppointment DateStatus
Siva Mulapaku Country flag representing In Director 24-Dec-2019Current
Venkata Nalavala Country flag representing In Director 24-Dec-2019Current
Geda Priya Country flag representing In Director 24-Dec-2019Current
Tammanaboina Murty Country flag representing In Director 24-Dec-2019Current

Financial Performance of Virtuous Magnetics.

Virtuous Magnetics Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 64.21% increase. The company also saw a substantial improvement in profitability, with a 16.46% increase in profit. The company's net worth moved up by a moderate rise of 9.42%.

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
64.21%
Revenue from Operations
64.21%
Total Assets
29.76%
Profit or Loss
16.46%
Net Worth
9.42%
EBITDA
57.14%

What is the Ownership and Shareholding Structure of Virtuous Magnetics?

Unlock access to Virtuous Magnetics's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Virtuous Magnetics?

Unlock and access historical data on people associated with Virtuous Magnetics, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Virtuous Magnetics, 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 Virtuous Magnetics's trajectory.

Rating

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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

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Latest Updates, News, and FAQs on Virtuous Magnetics

Recent activity within the organization

  • Annual General Meeting

    Virtuous Magnetics Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Virtuous Magnetics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.

    31 Mar 2024

  • Director Appointment

    Siva Charan Reddy Mulapaku was appointed as a Director was appointed as a Director on 24 Dec 2019 & has been associated with this company since 5 years 2 months .

    24 Dec 2019

  • Director Appointment

    Venkata Sandhya Rani Nalavala was appointed as a Director was appointed as a Director on 24 Dec 2019 & has been associated with this company since 5 years 2 months .

    24 Dec 2019

  • Director Appointment

    Geda Laxmi Priya was appointed as a Director was appointed as a Director on 24 Dec 2019 & has been associated with this company since 5 years 2 months .

    24 Dec 2019

  • Director Appointment

    Tammanaboina Adivishnu Murty was appointed as a Director was appointed as a Director on 24 Dec 2019 & has been associated with this company since 5 years 2 months .

    24 Dec 2019

Frequently asked questions

  • Virtuous Magnetics Private Limited was incorporated on 24 Dec 2019.

  • The authorized share capital of Virtuous Magnetics Private Limited is ₹ 2.50 M and paid-up capital is ₹ 2.50 M.

  • Currently 4 directors are associated with Virtuous Magnetics Private Limited.

    • Siva Charan Reddy Mulapaku
    • Venkata Sandhya Rani Nalavala
    • Geda Laxmi Priya
    • Tammanaboina Adivishnu Murty
  • As per Ministry of Corporate Affairs (Mca), the registered address of Virtuous Magnetics Private Limited is D-44/B C 1St Floor Tsiic-Iala. Electronic Complex Kushaiguda, Ecil India, Hyderabad, Telangana, 500062.

  • The corporate identification number (CIN) of Virtuous Magnetics Private Limited is U31900TG2019PTC137878 and the company number is 137878 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Virtuous Magnetics Private Limited has risen by 64.21%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Virtuous Magnetics Private Limited has experienced an upsurge of 9.42%.

  • The most recent Balance Sheet for Virtuous Magnetics Private Limited was filed with the ROC on 31 Mar 2024.