Chips and Bytes Solutions (India) Limited
About Chips and Bytes Solutions (India) Limited
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Chips and Bytes Solutions (India) Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the consultancy services segment of the technology and IT services sector. It was incorporated on 21 December 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U30007MH1993PLC075707. The company has 3 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹30.25 Lakh. It is led by directors including Dattatrya Genu Jadhav and Shailesh Dattatraya Jadhav.
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at 3 Ratilal Mansion 28 Parekh Street Ner Madhav Ashram Bombay – 4., Mumbai, Maharashtra, India – 400004.
As per the financials filed for FY 2017, the company reported a revenue of ₹79.55 Lakh, a growth of 42% compared to the previous year. For the same year it recorded a net profit of ₹1.75 Lakh (net margin 2.2%) and EBITDA of ₹19.45 Lakh (EBITDA margin 24.5%). Revenue has declined at a compounded annual rate (CAGR) of 44% over three years.
Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
CIN history
Chips and Bytes Solutions (India) has one previous CIN (Corporate Identification Number): U30007MH1993PTC075707. The current CIN is U30007MH1993PLC075707, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U30007MH1993PLC075707 | Current |
| U30007MH1993PTC075707 | Previous |
Contact details
Chips and Bytes Solutions (India) Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address3 Ratilal Mansion 28 Parekh Street Ner Madhav Ashram Bombay – 4., Mumbai, Maharashtra, India – 400004
- IndustryInformation Technology, Consultancy, Computer Programming
To see the full contact details of Chips and Bytes Solutions (India) 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 Chips and Bytes Solutions (India) 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 Chips and Bytes Solutions (India) Limited, buy the company report.
Financials of Chips and Bytes Solutions (India) Limited
FY 2017 filings availableChips and Bytes Solutions (India) Limited reported revenue of ₹79.55 Lakh (up 42% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue rose 42% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 44%. EBITDA rose 18% 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹79.55 Lakh | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹19.45 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹1.75 Lakh | ||
| 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 24.5% | ||
| Net Profit Margin | 2.2% | ||
| 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 Chips and Bytes Solutions (India) Limited, buy the company report.
Board of directors of Chips and Bytes Solutions (India) Limited
Chips and Bytes Solutions (India) has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dattatrya Genu Jadhav | Director | 01 Jul 2007 | 19 Years 3 Months | Current |
| Shailesh Dattatraya Jadhav Also directs: Gaia Highstreet Private Limited | Director | 05 Jan 1994 | 32 Years 9 Months | Current |
| Sundeepa Dattatreya Jadhav Also directs: Gaia Highstreet Private Limited, Unique Universal Sons Enterprises LLP, Unique Universal Infra Logistic Private Limited and 1 more | Director | 01 Dec 2008 | 17 Years 10 Months | Current |
Peer comparison
Chips and Bytes Solutions (India) Limited is compared with the 7 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 |
|---|---|---|---|---|---|---|
| Artamis Studio Private Limited | ₹79.6 Lakh (FY 2025) | 67.0% | Panchkula, Haryana, India | |||
| Sheerbrains Private Limited | ₹79.59 Lakh (FY 2025) | 80.0% | Faridabad, Haryana, India | |||
| Good User Xperience Private Limited | ₹79.58 Lakh (FY 2022) | 57.0% | Bangalore, Karnataka, India | |||
| Chips and Bytes Solutions (India) Limitedthis company | ₹79.55 Lakh (FY 2017) | ₹1.75 Lakh | 2.2% | 42.0% | Mumbai, Maharashtra, India | |
| Vedsri I.T. Solutions Private Limited | ₹79.54 Lakh (FY 2025) | -32.0% | Hyderabad, Telangana, India | |||
| Aveta Lifesciences Private Limited | ₹79.53 Lakh (FY 2025) | 75.0% | Hyderabad, Telangana, India | |||
| Videvision Smart Tech Private Limited | ₹79.52 Lakh (FY 2025) | -87.0% | Bangalore, Karnataka, India | |||
| Gfn-Dselva Infotech Private Limited | ₹79.51 Lakh (FY 2025) | -4.0% | Agra, Uttar Pradesh, India |
To see the full peer comparison of Chips and Bytes Solutions (India) Limited, buy the company report.
Auditor
Chips and Bytes Solutions (India) Limited is audited by MOHANDAS&CO. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MOHANDAS&CO. | FY 2017 | 106529W |
Shareholding
The shareholding of Chips and Bytes Solutions (India) Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Chips and Bytes Solutions (India) Limited, buy the company report.
Legal cases
Chips and Bytes Solutions (India) Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (SUMMONS WARRENT CASES SW) | Filed against the company by Ms. R.K. International | Disposed |
To see the full case history of Chips and Bytes Solutions (India) Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Chips and Bytes Solutions (India) Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Chips and Bytes Solutions (India) has 3 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Chips and Bytes Solutions (India) Limited, buy the company report.
Recent activity
Chips and Bytes Solutions (India) Limited has 19 board changes on record since 1994: 11 appointments and 8 cessations. The latest: Abhishek Mehra ceased to be Director on 06 Jul 2023.
10 earlier events are in the company report.
Frequently asked questions
Chips and Bytes Solutions (India) is an active public limited company based in Mumbai, Maharashtra, India. The company works in consultancy, within the information technology industry. It was incorporated on 21 December 1993 (33+ years old) and is registered under CIN U30007MH1993PLC075707.
Chips and Bytes Solutions (India) has 3 current directors:
- Dattatrya Genu Jadhav - Director
- Shailesh Dattatraya Jadhav - Director
- Sundeepa Dattatreya Jadhav - Director
The latest financial statements of Chips and Bytes Solutions (India) on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 September 2017. Year-wise statements from 2015 are in the company report.
No. Chips and Bytes Solutions (India) has 3 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Chips and Bytes Solutions (India) is U30007MH1993PLC075707. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Chips and Bytes Solutions (India) has 1 court case on record: 1 filed against it.
Chips and Bytes Solutions (India) was incorporated on 21 December 1993, making it 33+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Chips and Bytes Solutions (India) by revenue are Artamis Studio Private Limited, Sheerbrains Private Limited, Good User Xperience Private Limited, Vedsri I.T. Solutions Private Limited, Aveta Lifesciences Private Limited and 2 more, all in the same principal business activity (computer programming, consultancy and related activities).
Abhishek Mehra ceased to be Director on 06 Jul 2023. Vivekanand Ganesh Divekar ceased to be Director on 07 Dec 2021. Rajeev Ram Prakash Anand ceased to be Director on 11 Apr 2020. Chips and Bytes Solutions (India) has 19 board changes on record in total.
The registered office of Chips and Bytes Solutions (India) is at 3 Ratilal Mansion 28 Parekh Street Ner Madhav Ashram Bombay – 4., Mumbai, Maharashtra, India – 400004.
Chips and Bytes Solutions (India) operates in the information technology industry, in the consultancy segment.