
About Balaji Solutions Private Limited
Data last updated:
Balaji Solutions Private Limited is a private limited company based in Howrah, West Bengal, India. It operates in the distributors segment of the technology and IT services sector. It was incorporated on 19 February 2001 and has been in existence for over 25 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U72900WB2001PTC092912.
The company has an authorised share capital of ₹25 Cr and a paid-up capital of ₹15.78 Cr. It was formerly known as Balaji Solutions Limited.
Its last annual general meeting (AGM) was held on 03 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Anmol South City Infra Park Plot No. B4 And B5, Mouza Jagdishpur Jl No.2 Dist. Howrah P.S. Liluah, West Bengal, India – 711115.
As per the financials filed for FY 2021, the company reported a revenue of ₹488.13 Cr, a growth of 8% compared to the previous year. For the same year it recorded a net profit of ₹16.22 Cr (net margin 3.3%) and EBITDA of ₹22.09 Cr (EBITDA margin 4.5%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 1% over five years.
The company is associated with 1 brand: Foxin. Court records list 40 cases involving the company, including 36 filed by the company and 4 filed against it; 24 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website balajisolutions.in.
Company details
Name history
Balaji Solutions has undergone 2 name changes throughout its history. The company was previously known as Balaji Solutions Limited, and Balaji Solutions Private Limited. The current legal name is Balaji Solutions Private Limited.
| Company Name | Status |
|---|---|
| Balaji Solutions Private Limited | Current |
| Balaji Solutions Limited | Previous |
Contact details
Balaji Solutions Private Limited's registered office is in Howrah, West Bengal. Its website is balajisolutions.in. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressAnmol South City Infra Park Plot No. B4 And B5, Mouza Jagdishpur Jl No.2 Dist. Howrah P.S. Liluah, West Bengal, India – 711115
- IndustryInformation Technology, Distributors, Retailors, IT Retail & Distribution
To see the full contact details of Balaji Solutions Private 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
Financials of Balaji Solutions Private Limited
FY 2021 filings availableBalaji Solutions Private Limited reported revenue of ₹488.13 Cr (up 8% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 1% over five years, including 8% growth in the latest year. EBITDA rose 143% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹488.13 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹22.09 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹16.22 Cr | ||||
| 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.5% | ||||
| Net Profit Margin | 3.3% | ||||
| 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 Balaji Solutions Private Limited, buy the company report.
Board of directors of Balaji Solutions Private Limited
Balaji Solutions has 3 former directors on record and no current directors listed.
No eligible directors currently associated with this company.
Auditor
Balaji Solutions Private Limited is audited by KEDIA DHANDHARIA & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KEDIA DHANDHARIA & CO | FY 2021 | 326659E |
Shareholding
The shareholding of Balaji Solutions Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Balaji Solutions Private Limited, buy the company report.
Legal cases
Balaji Solutions Private Limited has 40 court cases on record: 36 filed by Balaji Solutions, 4 filed against it. 24 cases are pending and 16 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 38 | 2 | 24 |
| High courts | 2 | 2 | 0 |
Cases on record (5 of 40)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against M/S Abhi Vision Info Pvt. Ltd. and 2 others | Pending |
| High Court | Civil suit | Filed against the company by Rajasthan Fertilisers and Chemicals Corporation Ltd | Disposed |
| High Court | Court case (APO) | Filed against the company by Rajasthan Fertilisers and Chemicals Corporation Ltd | Disposed |
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against an individual | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against an individual | Pending |
To see the full case history of Balaji Solutions Private 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 Balaji Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Balaji Solutions Private Limited has a workforce of 226 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
No GST registration is on our record for Balaji Solutions Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Balaji Solutions Private Limited has 2 board changes on record since 2007: 0 appointments and 2 cessations. The latest: Chetan Seksaria ceased to be Director on 30 Apr 2013.
News
Frequently asked questions
Balaji Solutions is an active private limited company based in Howrah, West Bengal, India. The company works in distributors, within the information technology industry. It was incorporated on 19 February 2001 (25+ years old) and is registered under CIN U72900WB2001PTC092912.
The latest financial statements of Balaji Solutions on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 03 November 2021. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Balaji Solutions is U72900WB2001PTC092912. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Balaji Solutions has 40 court cases on record: 36 filed by the company and 4 filed against it. 24 are pending. Most are in the district courts.
Balaji Solutions was incorporated on 19 February 2001, making it 25+ years old. It is registered with the Registrar of Companies, Kolkata.
Chetan Seksaria ceased to be Director on 30 Apr 2013. Mahabir Prasad Seksaria ceased to be Director on 19 Nov 2007.
Balaji Solutions can be reached through the website balajisolutions.in. Its registered office is in Howrah, West Bengal, India.
The registered office of Balaji Solutions is at Anmol South City Infra Park Plot No. B4 And B5, Mouza Jagdishpur Jl No.2 Dist. Howrah P.S. Liluah, West Bengal, India – 711115.
Balaji Solutions operates in the information technology industry, in the distributors segment.
The compliance status of Balaji Solutions is compliant as of 20 July 2026. The company is actively filing with the Registrar of Companies.