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Buoyantworx Solutions Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹70.21 Lakh
▼ 24% YoY
Net profit · FY 2024
₹5.44 Lakh
Net margin 7.8%
EBITDA · FY 2024
₹5.66 Lakh
EBITDA margin 8.1%
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹20,000
Issued & subscribed
Company age
7 yrs
Est. 2019
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Buoyantworx Solutions Private Limited
Data last updated:
Buoyantworx Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the electronic components and equipment manufacturing segment of the technology and IT services sector. It was incorporated on 23 May 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72501KA2019PTC124557. Its GSTIN is 29AAICB4570D1ZO (Karnataka).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹20,000. It is led by directors Prashanth Ballal and Murari Lakshmipathy.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at #248 – B Madilu 9th Main Shantiniketan Layout Arakere, Bangalore, Karnataka, India – 560076.
As per the financials filed for FY 2024, the company reported a revenue of ₹70.21 Lakh, a decline of 24% compared to the previous year. For the same year it recorded a net profit of ₹5.44 Lakh (net margin 7.8%) and EBITDA of ₹5.66 Lakh (EBITDA margin 8.1%). Revenue has grown at a compounded annual rate (CAGR) of 70% over three years.
The company is associated with 1 brand: BuoyantWorx.
For more details, the company can be reached via its website buoyantworx.com.
Company details
CIN U72501KA2019PTC124557
Registration Number 124557
Incorporation Date 23 May 2019
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
Recognitions & Rankings of Buoyantworx Solutions
Contact details
Buoyantworx Solutions Private Limited's registered office is in Bangalore, Karnataka. Its website is buoyantworx.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address#248 – B Madilu 9th Main Shantiniketan Layout Arakere, Bangalore, Karnataka, India – 560076
- IndustryInformation Technology, Electronic Components & Equipment Manufacturing
To see the full contact details of Buoyantworx Solutions Private Limited, buy the company report.
Comprehensive company report
Buoyantworx 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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Brands
Buoyantworx Solutions operates one associated brand: BuoyantWorx. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides technology-agnostic solutions to automate various business processes. | buoyantworx.com |
Business activity
The main business activity of Buoyantworx Solutions 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 | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Buoyantworx Solutions Private Limited, buy the company report.
Financials of Buoyantworx Solutions Private Limited
FY 2025 filings availableBuoyantworx Solutions Private Limited reported revenue of ₹70.21 Lakh (down 24% YoY) for FY 2024.
Revenue · FY 2024
₹70.21 Lakh ▼ 24%
Net profit · FY 2024
₹5.44 Lakh margin 7.8%
EBITDA · FY 2024
₹5.66 Lakh margin 8.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 24%
3 years · compounded
▲ 70%
EBITDA CAGR growth
1 year
▼ 36%
3 years · compounded
▲ 150%
Revenue fell 24% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 70%. EBITDA fell 36% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹5.66 Lakh | ||||
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| Net Profit (PAT) | ₹5.44 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.1% | ||||
| Net Profit Margin | 7.8% | ||||
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To see the full financial statements and ratios of Buoyantworx Solutions Private Limited, buy the company report.
Board of directors of Buoyantworx Solutions Private Limited
Buoyantworx Solutions has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prashanth Ballal | Director | 23 May 2019 | 7 Years 5 Months | Current |
| Murari Lakshmipathy | Director | 23 May 2019 | 7 Years 5 Months | Current |
Auditor
Buoyantworx Solutions Private Limited is audited by DHRUVA HEGDE & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DHRUVA HEGDE & CO | FY 2022 | 015867S |
Shareholding
The shareholding of Buoyantworx Solutions Private Limited is on record for 3 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Buoyantworx Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Buoyantworx Solutions 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 Buoyantworx Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Buoyantworx Solutions has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAICB4570D1ZO | Karnataka | Active | 18 Jul 2019 |
To see the full GST registrations and return filing status of Buoyantworx Solutions Private Limited, buy the company report.
Recent activity
Buoyantworx Solutions Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Murari Lakshmipathy was appointed as Director on 23 May 2019.
AGM
Buoyantworx Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Buoyantworx Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Appointed
Murari Lakshmipathy was appointed as Director.
Appointed
Prashanth Ballal was appointed as Director.
Incorporation
23 May 2019
Buoyantworx Solutions Private Limited was registered on 23 May 2019 with Roc Bangalore & aged 7 years 5 months as per MCA records.
Frequently asked questions
Buoyantworx Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in electronic components and equipment manufacturing, within the information technology industry. It was incorporated on 23 May 2019 (7+ years old) and is registered under CIN U72501KA2019PTC124557.
Buoyantworx Solutions has 2 current directors:
- Prashanth Ballal - Director
- Murari Lakshmipathy - Director
The latest financial statements of Buoyantworx Solutions on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Buoyantworx Solutions is 29AAICB4570D1ZO, registered in Karnataka.
The CIN (Corporate Identification Number) of Buoyantworx Solutions is U72501KA2019PTC124557. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Buoyantworx Solutions was incorporated on 23 May 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
Murari Lakshmipathy was appointed as Director on 23 May 2019. Prashanth Ballal was appointed as Director on 23 May 2019.
Yes, Buoyantworx Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Buoyantworx Solutions can be reached through the website buoyantworx.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Buoyantworx Solutions is at #248 – B Madilu 9th Main Shantiniketan Layout Arakere, Bangalore, Karnataka, India – 560076.
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