About Binford Research Labs
Binford Research Labs is an Aerospace, Defense & Maritime company based in Hyderabad (India) founded in 2018. It develops comprehensive solutions for advanced military drones. It operates on a B2B model. Its Indian entity Binford Research Labs Private Limited reported revenue of ₹5.9 Lakh. Its focus areas include Defense and Aerospace, Aerospace, Unmanned Systems and Military Drones. Its competitors include Newspace Research and Technologies and Tata Advanced Systems; 1 of its 2 listed competitors has raised funding.
Company details
Binford Research Labs, founded in 2018 in Hyderabad, India, focuses on defense and aerospace, working in aerospace technology, unmanned systems, and military drones. Develops comprehensive solutions for advanced military drones. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
- Headquarters Hyderabad, India
- SectorsAerospace, Defense & Maritime
- Email••••••••
- Website binford.io
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- Legal Name Binford Research Labs Private Limited
- Date of Incorporation 16 Jan, 2018
- Jurisdiction Hyderabad, Telangana, India
- Annual Revenue₹5.9 Lakh
FY 2024 · -65% YoY
- Net Profit₹10,168
FY 2024 · 2% margin
- EBITDA₹93,116
FY 2024 · 16% margin
Associated legal entities of Binford Research Labs
Binford Research Labs operates through Binford Research Labs Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Binford Research Labs Private Limited CIN U72200TG2018PTC121894 | Active | 16 Jan 2018 | Hyderabad, Telangana | ₹0.1 Cr | 2 | View details |
Board of directors of Binford Research Labs Private Limited (Binford Research Labs)
Binford Research Labs Private Limited is the primary company behind Binford Research Labs. The board of Binford Research Labs Private Limited currently have 2 directors; the longest-serving is Bhimisetty Siddhanth, appointed in 2018.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Bhimisetty Siddhanth DIN 08030736 | Director | 16 Jan 2018 | 8 yrs 9 mo | Binford Research Labs Private Limited |
| Sri Sai Akhil Velagaleti DIN 07893642 | Director | 16 Jan 2018 | 8 yrs 9 mo | Binford Research Labs Private Limited |
People of Binford Research Labs
3 people are tracked at Binford Research Labs (2 in leadership, 1 in team).
| Name | Role | Group |
|---|---|---|
Sidhanth Jain | CEO & Founder | Leadership |
Ramakrishna M. | COO | Leadership |
Sarraju Narasinga Rao | Advisor | Team |
Complete people profiles for Binford Research Labs
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Financials of Binford Research Labs
Figures of Binford Research Labs Private Limited, the primary company behind Binford Research Labs, for FY 2024. Revenue was ₹5.9 Lakh (-65% year on year). Net profit was ₹10,168 (2% margin). EBITDA was ₹93,116 (16% margin). Revenue has grown at a compounded annual rate of +52% over three years.
- ₹5.9 LakhRevenue · FY 2024 · -65% YoY
- ₹10,168Net profit · 2% margin
- ₹93,116EBITDA · 16% margin
- ₹1 LakhPaid-up capital
- +52%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Binford Research Labs Private Limited are on its company page.
Detailed financial statements for Binford Research Labs
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Competitors of Binford Research Labs
Binford Research Labs has 2 listed competitors in our database, 1 of them funded. They include Newspace Research and Technologies and Tata Advanced Systems.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| newspace.co.in | 2017 | Bengaluru, India | $73.23M | 434 | Next-generation unmanned systems and aerospace technologies are developed. | |
| tataadvancedsystems.com | 2007 | Delhi, India | 1,087 | Designs and manufactures defense vehicles, aerospace structures, and security systems for military use. |
Detailed competitors of Binford Research Labs
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Top companies in Drone & Aerial Mobility
2 companies that operate in the same segment as Binford Research Labs (Drone & Aerial Mobility) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Developer of unmanned aerial vehicles | 2007 | Navi Mumbai, Maharashtra, India | USD 53.82 M | USD 26.48 M | 531 | |
Manufacturer of drones and provider of drone-based solutions across various sectors | 2015 | Chennai, Tamil Nadu, India | USD 59.3 M | USD 12.94 M | 130 |
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Frequently Asked Questions about Binford Research Labs
Binford Research Labs was founded in 2018.
Binford Research Labs is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
The primary company behind Binford Research Labs, Binford Research Labs Private Limited, reported revenue of ₹5.9 Lakh for FY 2024, down 65% year on year.
Binford Research Labs, founded in 2018 in Hyderabad, India, focuses on defense and aerospace, working in aerospace technology, unmanned systems, and military drones. Develops comprehensive solutions for advanced military drones. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
Binford Research Labs's top competitors include Newspace Research and Technologies and Tata Advanced Systems.
Binford Research Labs operates through Binford Research Labs Private Limited.
The legal entities of Binford Research Labs currently have 2 directors, including Bhimisetty Siddhanth, Sri Sai Akhil Velagaleti.