Brifeat Technology Solutions Private Limited

Brifeat Technology Solutions Private Limited - professional services in Chennai, Tamil Nadu, India. Directors, charges & compliance details.
CIN U74999TN2011PTC082005 Incorporated 23 August 2011 ROC Chennai HQ Chennai, Tamil Nadu, India
Struck Off Private Limited Company professional services
Data last updated
Revenue · FY 2018
₹2.02 Lakh
▼ 83% YoY
Net profit · FY 2018
₹6,642
Net margin 3.3%
EBITDA · FY 2018
₹16,980
EBITDA margin 8.4%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
15 yrs
Est. 2011
Directors on board
2
As per MCA filings
Last financials
Mar 2018
Balance sheet date

About Brifeat Technology Solutions Private Limited

Data last updated:

Brifeat Technology Solutions Private Limited was a private limited company based in Chennai, Tamil Nadu, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the technical services segment of the professional services sector. It was incorporated on 23 August 2011.

The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U74999TN2011PTC082005.

The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Accrue Information Technology Services Private Limited. It was led by directors Basheer Ahamed Fayaz Ahamed and Neha Palrecha Mahendra Kumar Jain.

Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at No 14/1 2nd Floor Canal Bank Road Gandhi Nagar Adyar, Chennai, Tamil Nadu, India – 600020.

As per the financials filed for FY 2018, the company reported a revenue of ₹2.02 Lakh, a decline of 83% compared to the previous year. For the same year it recorded a net profit of ₹6,642 (net margin 3.3%) and EBITDA of ₹16,980 (EBITDA margin 8.4%). Revenue has declined at a compounded annual rate (CAGR) of 55% over three years.

Company details

CIN U74999TN2011PTC082005
Registration Number 082005
Incorporation Date 23 August 2011
ROC Chennai
Listing Status Unlisted
Company Status Struck Off
Date of Last AGM 29 September 2018
Date of Balance Sheet 31 March 2018

Contact details

Brifeat Technology Solutions Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    No 14/1 2nd Floor Canal Bank Road Gandhi Nagar Adyar, Chennai, Tamil Nadu, India – 600020
  • Industry
    Professional Services, Technical, Personal, Scientific

To see the full contact details of Brifeat Technology Solutions Private Limited, buy the company report.

Comprehensive company report
Brifeat Technology Solutions 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 Brifeat Technology Solutions is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
MProfessional, Scientific and TechnicalM9Other professional, scientific and technical activities

To see the full business activity and turnover split of Brifeat Technology Solutions Private Limited, buy the company report.

Financials of Brifeat Technology Solutions Private Limited

FY 2018 filings available

Brifeat Technology Solutions Private Limited reported revenue of ₹2.02 Lakh (down 83% YoY) for FY 2018.

Revenue · FY 2018
₹2.02 Lakh ▼ 83%
Net profit · FY 2018
₹6,642 margin 3.3%
EBITDA · FY 2018
₹16,980 margin 8.4%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 83%
3 years · compounded
▼ 55%
EBITDA CAGR growth
1 year
▼ 37%
3 years · compounded
▼ 20%

Revenue has declined at a compounded annual rate (CAGR) of 55% over three years, including a 83% fall in the latest year. EBITDA fell 37% 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

MetricsFY 2017-18FY 2016-17FY 2015-16FY 2014-15
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹16,980
Profit Before Tax
Tax Expense
Net Profit (PAT)₹6,642
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

MetricsFY 2017-18FY 2016-17FY 2015-16FY 2014-15
Profitability
EBITDA Margin8.4%
Net Profit Margin3.3%
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

To see the full financial statements and ratios of Brifeat Technology Solutions Private Limited, buy the company report.

Board of directors of Brifeat Technology Solutions Private Limited

Brifeat Technology Solutions has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)

Peer comparison

Brifeat Technology Solutions Private Limited is compared with the 8 companies closest to it by revenue in the same principal business activity (other professional, scientific and technical activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Ikvox Software Private Limited₹2.02 Lakh (FY 2024)Hyderabad, Telangana, India
We Alliance Packaging India Private Limited₹2.02 Lakh (FY 2024)-47.0%Bangalore, Karnataka, India
Codelaxy Venture (OPC) Private Limited₹2.02 Lakh (FY 2018)Dhanbad, Jharkhand, India
Lean Port Software Private Limited₹2.02 Lakh (FY 2024)3.0%New Delhi, Delhi, India
Acmez Technologies Private Limited₹2.02 Lakh (FY 2025)39.0%Roorkee, Uttarakhand, India
Brifeat Technology Solutions Private Limitedthis company₹2.02 Lakh (FY 2018)₹6,6423.3%-83.0%Chennai, Tamil Nadu, India
BR Tech Solutions Private Limited₹2.01 Lakh (FY 2025)-93.0%New Delhi, Delhi, India
Xalgo Software Development Private Limited₹2.01 Lakh (FY 2024)Kolkata, West Bengal, India
Mea Vita Technologies Private Limited₹2.01 Lakh (FY 2025)-67.0%Mumbai, Maharashtra, India

To see the full peer comparison of Brifeat Technology Solutions Private Limited, buy the company report.

Auditor

Brifeat Technology Solutions Private Limited is audited by ABDULRAHIM S A for the financial year 2017.

Auditor firmFinancial yearFirm registration number
ABDULRAHIM S AFY 2017024172

Shareholding

The shareholding of Brifeat Technology Solutions Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Brifeat Technology Solutions Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Brifeat Technology Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

No GST registration is on our record for Brifeat Technology Solutions Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Brifeat Technology Solutions Private Limited has 3 board changes on record since 2011: 2 appointments and 1 cessation. The latest: Abdul Guthoos Mohamed ceased to be Director on 05 Dec 2014.

AGM
Brifeat Technology Solutions Private Limited last Annual general meeting of members was held on 29 Sep 2018 as per latest MCA records.
Filing
Brifeat Technology Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2018 with Roc Chennai.
Ceased
Abdul Guthoos Mohamed ceased to be Director.
Appointed
Neha Palrecha Mahendra Kumar Jain was appointed as Director.
Appointed
Basheer Ahamed Fayaz Ahamed was appointed as Director.
Incorporation
23 Aug 2011
Brifeat Technology Solutions Private Limited was registered on 23 Aug 2011 with Roc Chennai & aged 15 years 2 months as per MCA records.

Frequently asked questions

Brifeat Technology Solutions has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.

Brifeat Technology Solutions was a private limited company based in Chennai, Tamil Nadu, India. The company worked in technical, within the professional services industry. It was incorporated on 23 August 2011 and is registered under CIN U74999TN2011PTC082005. The company has been struck off by the Registrar of Companies and is no longer operational.

Brifeat Technology Solutions had 2 directors:

The CIN (Corporate Identification Number) of Brifeat Technology Solutions is U74999TN2011PTC082005. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

The registered office of Brifeat Technology Solutions is at No 141 2nd Floor Canal Bank Road Gandhi Nagar Adyar, Chennai, Tamil Nadu, India – 600020.

Brifeat Technology Solutions was incorporated on 23 August 2011. It is registered with the Registrar of Companies, Chennai.

The latest financial statements of Brifeat Technology Solutions on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.

Brifeat Technology Solutions operated in the professional services industry, in the technical segment. It worked in this industry before it was struck off.

The peers of Brifeat Technology Solutions by revenue are Ikvox Software Private Limited, We Alliance Packaging India Private Limited, Codelaxy Venture (OPC) Private Limited, Lean Port Software Private Limited, Acmez Technologies Private Limited and 3 more, all in the same principal business activity (other professional, scientific and technical activities).

Abdul Guthoos Mohamed ceased to be Director on 05 Dec 2014. Neha Palrecha Mahendra Kumar Jain was appointed as Director on 05 Dec 2014. Basheer Ahamed Fayaz Ahamed was appointed as Director on 23 Aug 2011.

Yes. Brifeat Technology Solutions was formerly known as Accrue Information Technology Services Private Limited.