About Binary India
Binary India is a Technology company based in Bengaluru (India) founded in 1986. It delivers comprehensive IT services and solutions to businesses. It operates on a B2B model. The company has 56 employees. Its Indian entity Binary Systems Private Limited reported revenue of ₹51.29 Cr. Its focus areas include Information Technology, IT Services and Consulting and Solutions. Its competitors include Happiest Minds and Datamatics; 2 of its 2 listed competitors have raised funding.
Company details
Binary India, founded in 1986 in Bengaluru, India, focuses on leveraging cutting-edge technology, information technology, providing IT services, and consulting and solutions. Delivers comprehensive IT services and solutions to businesses. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
- Headquarters Bengaluru, India
- Employees 56
- SectorsTechnology
- Email••••••••
- Phone•••• ••••
- Website binaryindia.com
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- Legal Name Binary Systems Private Limited
- Date of Incorporation 13 Oct, 1986
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹51.29 Cr
FY 2025 · -22% YoY
- Net Profit₹85,091
FY 2025 · 0% margin
- EBITDA₹1.17 Cr
FY 2025 · 2% margin
- Employee Count56
Associated legal entities of Binary India
Binary India operates through Binary Systems Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Binary Systems Private Limited CIN U80903KA1986PTC007846 | Active | 13 Oct 1986 | Bangalore, Karnataka | ₹51.3 Cr | 56 | 2 | View details |
Board of directors of Binary Systems Private Limited (Binary India)
Binary Systems Private Limited is the primary company behind Binary India. The board of Binary Systems Private Limited currently have 2 directors; the longest-serving is Vidya Harish Shetty, appointed in 1986. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Vidya Harish Shetty DIN 01267599 | Managing Director | 13 Oct 1986 | 40 yrs 1 mo | Binary Systems Private Limited |
| Harish Kumar Shetty DIN 01264900 | Director | 20 May 1987 | 39 yrs 5 mo | Binary Systems Private Limited |
Financials of Binary India
Figures of Binary Systems Private Limited, the primary company behind Binary India, for FY 2025. Revenue was ₹51.29 Cr (-22% year on year). Net profit was ₹85,091 (0% margin). EBITDA was ₹1.17 Cr (2% margin). Revenue has grown at a compounded annual rate of +4% over three years and +14% over five years.
- ₹51.29 CrRevenue · FY 2025 · -22% YoY
- ₹85,091Net profit · 0% margin
- ₹1.17 CrEBITDA · 2% margin
- ₹1.70 CrPaid-up capital
- 56Employees (provident fund records)
- +4%Revenue CAGR, 3 years
- +14%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Binary Systems Private Limited are on its company page.
Detailed financial statements for Binary India
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Competitors of Binary India
Binary India has 2 listed competitors in our database, 2 of them funded. They include Happiest Minds and Datamatics.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| happiestminds.com | 2011 | Bengaluru, India | $64.83M | 4,517 | IT outsourcing services are delivered across multiple business lines. | |
| datamatics.com | 1975 | Mumbai, India | $3M | 5,875 | Cloud-based text analytics and cognitive automation services are provided. |
Detailed competitors of Binary India
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Verified entity values are shown only after access is granted.
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Frequently Asked Questions about Binary India
Binary India was founded in 1986.
Binary India is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Binary India has 56 employees.
The primary company behind Binary India, Binary Systems Private Limited, reported revenue of ₹51.29 Cr for FY 2025, down 22% year on year.
Binary India, founded in 1986 in Bengaluru, India, focuses on leveraging cutting-edge technology, information technology, providing IT services, and consulting and solutions. Delivers comprehensive IT services and solutions to businesses. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
Binary India's top competitors include Happiest Minds and Datamatics.
Binary India operates through Binary Systems Private Limited.
The legal entities of Binary India currently have 2 directors, including Harish Kumar Shetty, Vidya Harish Shetty.