Binaryflakes Software Private Limited
About Binaryflakes Software Private Limited
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Binaryflakes Software Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 20 September 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2018PTC116695. Its GSTIN is 29AAICB0396D1ZO (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Ranganathan Balashanmugam and Jyothsna Madhava Reddy.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No. 3265 8th Cross 11th Main Hal 2nd Stage Indiranagar, Bangalore, Karnataka, India – 560008.
As per the financials filed for FY 2024, the company reported a revenue of ₹41.44 Cr, a growth of 13% compared to the previous year. For the same year it recorded a net profit of ₹3.44 Cr (net margin 8.3%) and EBITDA of ₹5.63 Cr (EBITDA margin 13.6%). Revenue has grown at a compounded annual rate (CAGR) of 41% over three years and 214% over five years.
The company has about 135 employees on its provident fund (EPFO) records.
Company details
Contact details
Binaryflakes Software Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo. 3265 8th Cross 11th Main Hal 2nd Stage Indiranagar, Bangalore, Karnataka, India – 560008
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Binaryflakes Software Private Limited, buy the company report.
- 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
Business activity
The main business activity of Binaryflakes Software is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | 62 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Binaryflakes Software Private Limited, buy the company report.
Financials of Binaryflakes Software Private Limited
FY 2024 filings availableBinaryflakes Software Private Limited reported revenue of ₹41.44 Cr (up 13% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 214% over five years, including 13% growth in the latest year. EBITDA rose 15% 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
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| EBITDA | ₹5.63 Cr | ||||
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| Net Profit (PAT) | ₹3.44 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 13.6% | ||||
| Net Profit Margin | 8.3% | ||||
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To see the full financial statements and ratios of Binaryflakes Software Private Limited, buy the company report.
Board of directors of Binaryflakes Software Private Limited
Binaryflakes Software has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ranganathan Balashanmugam Also directs: Himalayan Software Private Limited | Director | 20 Sep 2018 | 8 Years 1 Months | Current |
| Jyothsna Madhava Reddy Also directs: Himalayan Software Private Limited | Director | 20 Sep 2018 | 8 Years 1 Months | Current |
Auditor
Binaryflakes Software Private Limited is audited by A N G & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A N G & Associates | FY 2023 | FNA212569/021240S |
Shareholding
The shareholding of Binaryflakes Software Private Limited is on record for 4 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2019 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Binaryflakes Software Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Binaryflakes Software Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Binaryflakes Software Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Binaryflakes Software Private Limited has a workforce of 135 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
GST
Binaryflakes Software has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAICB0396D1ZO | Karnataka | Active | 25 Nov 2018 |
To see the full GST registrations and return filing status of Binaryflakes Software Private Limited, buy the company report.
Recent activity
Binaryflakes Software Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Jyothsna Madhava Reddy was appointed as Director on 20 Sep 2018.
Frequently asked questions
Binaryflakes Software is an active private limited company based in Bangalore, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 20 September 2018 (8+ years old) and is registered under CIN U72900KA2018PTC116695.
Binaryflakes Software has 2 current directors:
- Ranganathan Balashanmugam - Director
- Jyothsna Madhava Reddy - Director
The latest financial statements of Binaryflakes Software on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Binaryflakes Software is 29AAICB0396D1ZO, registered in Karnataka.
The CIN (Corporate Identification Number) of Binaryflakes Software is U72900KA2018PTC116695. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Binaryflakes Software was incorporated on 20 September 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.
Jyothsna Madhava Reddy was appointed as Director on 20 Sep 2018. Ranganathan Balashanmugam was appointed as Director on 20 Sep 2018.
The registered office of Binaryflakes Software is at No. 3265 8th Cross 11th Main Hal 2nd Stage Indiranagar, Bangalore, Karnataka, India – 560008.
Binaryflakes Software operates in the information technology industry, in the application development and software solutions segment.
Binaryflakes Software can be reached at its registered office: No. 3265 8th Cross 11th Main Hal 2nd Stage Indiranagar, Bangalore, Karnataka, India – 560008.