Banay Equipment Services Private Limited
About Banay Equipment Services Private Limited
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Banay Equipment Services Private Limited is a private limited company based in Guntur, Andhra Pradesh, India. It operates in the equipment leasing and financing segment of the financial services sector. It was incorporated on 13 June 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U74999AP2016PTC103451. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Satyanarayana Koneru and Suneeta Koneru.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Guntur, Andhra Pradesh.
As per the financials filed for FY 2019, the company reported a revenue of ₹14,526, a decline of 92% compared to the previous year. For the same year it recorded a net loss of ₹2,101 (net margin -14.5%) and EBITDA of ₹3,025 (EBITDA margin 20.8%).
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Banay Equipment Services Private Limited's registered office is in Guntur, Andhra Pradesh. Its e-mail address is in the company report.
- Email
- Registered AddressDo No : 6 – 29 – 20 1st Floor Block – B Near Avinash Auto Enterprises Lodge Center Amaravath, I Road, Guntur, Andhra Pradesh, India – 522007
- IndustryFinancial Services, Equipment Leasing & Financing
To see the full contact details of Banay Equipment Services 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
Business activity
The main business activity of Banay Equipment Services is support service to organizations. In detail, this covers rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N1 | Rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities |
To see the full business activity and turnover split of Banay Equipment Services Private Limited, buy the company report.
Financials of Banay Equipment Services Private Limited
FY 2019 filings availableBanay Equipment Services Private Limited reported revenue of ₹14,526 (down 92% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue fell 92% in the latest year. EBITDA fell 86% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹14,526 | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹3,025 | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹2,101 | ||
| Balance Sheet | |||
| Share Capital | |||
| Reserves and Surplus | |||
| Net Worth (Total Equity) | |||
| Long-term Borrowings | |||
| Short-term Borrowings | |||
| Trade Payables | |||
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| Fixed Assets | |||
| Investments | |||
| Inventories | |||
| Trade Receivables | |||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 20.8% | ||
| Net Profit Margin | -14.5% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
| Current Ratio | |||
| Quick Ratio | |||
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| 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 Banay Equipment Services Private Limited, buy the company report.
Board of directors of Banay Equipment Services Private Limited
Banay Equipment Services has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Satyanarayana Koneru | Director | 13 Jun 2016 | 10 Years 4 Months | Current |
| Suneeta Koneru | Director | 13 Jun 2016 | 10 Years 4 Months | Current |
Auditor
Banay Equipment Services Private Limited is audited by SIVA SANKAR & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SIVA SANKAR & ASSOCIATES | FY 2019 | 013648S |
Shareholding
The shareholding of Banay Equipment Services Private Limited is on record for 2 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Banay Equipment Services Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Banay Equipment Services 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 Banay Equipment Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Banay Equipment Services has 2 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 Banay Equipment Services Private Limited, buy the company report.
Recent activity
Banay Equipment Services Private Limited has 2 board changes on record since 2016: 2 appointments. The latest: Satyanarayana Koneru was appointed as Director on 13 Jun 2016.
Frequently asked questions
Banay Equipment Services is an active private limited company based in Guntur, Andhra Pradesh, India. The company works in equipment leasing and financing, within the financial services industry. It was incorporated on 13 June 2016 (10+ years old) and is registered under CIN U74999AP2016PTC103451.
Banay Equipment Services has 2 current directors:
- Satyanarayana Koneru - Director
- Suneeta Koneru - Director
The latest financial statements of Banay Equipment Services on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from FY 2017 are in the company report.
No. Banay Equipment Services has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Banay Equipment Services is U74999AP2016PTC103451. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Banay Equipment Services was incorporated on 13 June 2016, making it 10+ years old. It is registered with the Registrar of Companies, Vijayawada.
Satyanarayana Koneru was appointed as Director on 13 Jun 2016. Suneeta Koneru was appointed as Director on 13 Jun 2016.
The registered office of Banay Equipment Services is at Do No : 6 – 29 – 20 1st Floor Block – B Near Avinash Auto Enterprises Lodge Center Amaravath, I Road, Guntur, Andhra Pradesh, India – 522007.
Banay Equipment Services operates in the financial services industry, in the equipment leasing and financing segment.
The compliance status of Banay Equipment Services is compliant as of 14 September 2026. The company is actively filing with the Registrar of Companies.
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