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Bitstring IT Services Private Limited - information technology in Pune, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2026
₹1.43 Cr
▼ 39% YoY
Net profit · FY 2026
₹30,551
Net margin 0.2%
EBITDA · FY 2026
₹8.5 Lakh
EBITDA margin 6%
Authorised capital
₹11 Lakh
Registered with MCA
Paid-up capital
₹11 Lakh
Issued & subscribed
Company age
7 yrs
Est. 2019
Employees · EPFO
8
Provident fund records
Directors on board
3
As per MCA filings
About Bitstring IT Services Private Limited
Data last updated:
Bitstring IT Services Private Limited is a private limited company based in Pune, Maharashtra, India, recognised as a startup by DPIIT. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 15 November 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U72900PN2019PTC187769.
The company has an authorised share capital of ₹11 Lakh and a paid-up capital of ₹11 Lakh. It is led by directors including Ravindra Shrihari Deshmukh (Managing Director) and Manisha Ravindra Deshmukh.
Its last annual general meeting (AGM) was held on 16 September 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Pune, Maharashtra.
As per the financials filed for FY 2026, the company reported a revenue of ₹1.43 Cr, a decline of 39% compared to the previous year. For the same year it recorded a net profit of ₹30,551 (net margin 0.2%) and EBITDA of ₹8.5 Lakh (EBITDA margin 6%). Revenue has grown at a compounded annual rate (CAGR) of 23% over three years and 14% over five years.
The company has about 8 employees on its provident fund (EPFO) records.
Bitstring IT Services Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0067156). For more details, the company can be reached via its website bitstringit.in.
Company details
CIN U72900PN2019PTC187769
Registration Number 187769
Incorporation Date 15 November 2019
ROC Pune
Listing Status Unlisted
Company Status Active
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-MH-26-0067156
Key People
Ravindra Shrihari Deshmukh Managing Director Manisha Ravindra Deshmukh Director Anagha Ravindra Deshmukh Director Recognitions & Rankings of Bitstring IT Services
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-26-0067156
Contact details
Bitstring IT Services Private Limited's registered office is in Pune, Maharashtra. Its website is bitstringit.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressOffice No. 304 A Wing Nyati Empress, S. No. 168, Pune, Maharashtra, India – 411014
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Bitstring IT Services Private Limited, buy the company report.
Comprehensive company report
Bitstring IT Services Private 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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Business activity
The main business activity of Bitstring IT Services 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 Bitstring IT Services Private Limited, buy the company report.
Financials of Bitstring IT Services Private Limited
FY 2026 filings availableBitstring IT Services Private Limited reported revenue of ₹1.43 Cr (down 39% YoY) for FY 2026.
Revenue · FY 2026
₹1.43 Cr ▼ 39%
Net profit · FY 2026
₹30,551 margin 0.2%
EBITDA · FY 2026
₹8.5 Lakh margin 6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 39%
3 years · compounded
▼ 23%
5 years · compounded
▲ 14%
EBITDA CAGR growth
1 year
▼ 15%
3 years · compounded
▼ 19%
5 years · compounded
▲ 22%
Revenue fell 39% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 14%. EBITDA fell 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
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹1.43 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹8.5 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹30,551 | ||||
| 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
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6% | ||||
| Net Profit Margin | 0.2% | ||||
| 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 | |||||
To see the full financial statements and ratios of Bitstring IT Services Private Limited, buy the company report.
Board of directors of Bitstring IT Services Private Limited
Bitstring IT Services has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manisha Ravindra Deshmukh | Director | 15 Jul 2022 | 4 Years 3 Months | Current |
| Ravindra Shrihari Deshmukh | Managing Director | 15 Nov 2019 | 6 Years 11 Months | Current |
| Anagha Ravindra Deshmukh Also directs: Pureza Organic Private Limited | Director | 06 Mar 2021 | 5 Years 8 Months | Current |
Peer comparison
Bitstring IT Services Private Limited is compared with the 3 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Redinext IT Solutions Private Limited | ₹1.77 Cr (FY 2025) | 23566.0% | Pune, Maharashtra, India | |||
| Algro Consultancy Private Limited | ₹1.77 Cr (FY 2024) | 106.0% | Gwalior, Madhya Pradesh, India | |||
| Uns Digital Technologies Private Limited | ₹1.77 Cr (FY 2025) | 92.0% | Krishnagiri, Tamil Nadu, India | |||
| Bitstring IT Services Private Limitedthis company | ₹1.43 Cr (FY 2026) | ₹30,551 | 0.2% | -39.0% | 8 | Pune, Maharashtra, India |
To see the full peer comparison of Bitstring IT Services Private Limited, buy the company report.
Auditor
Bitstring IT Services Private Limited is audited by Puneet J Bansal & Associates for the financial year 2026.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Puneet J Bansal & Associates | FY 2026 | 159757W |
Shareholding
The shareholding of Bitstring IT Services Private Limited is on record for 5 financial years, the latest being FY 2026, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Bitstring IT Services Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Bitstring IT Services 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 Bitstring IT Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Bitstring IT Services Private Limited has a workforce of 8 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Employee count
8
Active EPFO establishments
1
Employee growth
-38.5%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 8 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 |
To see the full employee and EPFO history of Bitstring IT Services Private Limited, buy the company report.
GST
No GST registration is on our record for Bitstring IT Services Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Bitstring IT Services Private Limited has 4 board changes on record since 2019: 3 appointments and 1 cessation. The latest: Sanjay Dnyaneshwar Deshpande ceased to be Director on 09 May 2023.
AGM
Bitstring It Services Private Limited last Annual general meeting of members was held on 16 Sep 2026 as per latest MCA records.
Filing
Bitstring It Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Pune.
Ceased
Sanjay Dnyaneshwar Deshpande ceased to be Director.
Appointed
Manisha Ravindra Deshmukh was appointed as Director.
Appointed
Anagha Ravindra Deshmukh was appointed as Director.
Appointed
Ravindra Shrihari Deshmukh was appointed as Managing Director.
Incorporation
15 Nov 2019
Bitstring It Services Private Limited was registered on 15 Nov 2019 with Roc Pune & aged 7 years as per MCA records.
Frequently asked questions
Bitstring IT Services is an active private limited company based in Pune, Maharashtra, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 15 November 2019 (7+ years old) and is registered under CIN U72900PN2019PTC187769.
Bitstring IT Services has 3 current directors:
- Ravindra Shrihari Deshmukh - Managing Director
- Manisha Ravindra Deshmukh - Director
- Anagha Ravindra Deshmukh - Director
The latest financial statements of Bitstring IT Services on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 16 September 2026. Year-wise statements from FY 2020 are in the company report.
The CIN (Corporate Identification Number) of Bitstring IT Services is U72900PN2019PTC187769. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bitstring IT Services was incorporated on 15 November 2019, making it 7+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Bitstring IT Services by revenue are Redinext IT Solutions Private Limited, Algro Consultancy Private Limited, Uns Digital Technologies Private Limited, all in the same principal business activity (computer programming, consultancy and related activities).
Sanjay Dnyaneshwar Deshpande ceased to be Director on 09 May 2023. Manisha Ravindra Deshmukh was appointed as Director on 15 Jul 2022. Anagha Ravindra Deshmukh was appointed as Director on 06 Mar 2021. Bitstring IT Services has 4 board changes on record in total.
Yes, Bitstring IT Services is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Bitstring IT Services is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-26-0067156).
Bitstring IT Services can be reached through the website bitstringit.in. Its registered office is in Pune, Maharashtra, India.
The registered office of Bitstring IT Services is at Office No. 304 A Wing Nyati Empress, S. No. 168, Pune, Maharashtra, India – 411014.
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