About Banktech Software Services Private Limited
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Banktech Software Services Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Orion India Systems Private Limited. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 17 November 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2017PTC301905. Its GSTIN is 33AAZCS4837R1Z6 (Tamil Nadu).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as S'Bantech Software Services Private Limited and Suchen'S Bantech Software Services Private Limited. It is led by directors including Narendrakumar Bhaskaran Nair and Shashank Ghodrala.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹19.95 Cr, a growth of 130% compared to the previous year. For the same year it recorded a net profit of ₹2.31 Cr (net margin 11.6%) and EBITDA of ₹3.05 Cr (EBITDA margin 15.3%). Revenue has grown at a compounded annual rate (CAGR) of 90% over three years and 71% over five years.
The company has about 87 employees on its provident fund (EPFO) records.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website orioninc.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address503 5th Floor Powai Plaza, Hiranandani Gardens Powai, Mumbai, Maharashtra, India – 400076
- IndustryInformation Technology, IT Consulting & Support Services
- 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
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Business Activity of Banktech Software Services Private Limited
The main business activity of Banktech Software Services is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Banktech Software Services Private Limited FY 2025 filings available
Banktech Software Services Private Limited reported revenue of ₹19.95 Cr (up 130% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Banktech Software Services Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 71% over five years, including 130% growth in the latest year. EBITDA rose 146% 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 of Banktech Software Services Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
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| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹3.05 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2.31 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
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| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Banktech Software Services Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 15.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 11.6% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Banktech Software Services are in the company report.
Financial statements from FY 2018
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Banktech Software Services Private Limited
Banktech Software Services Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Software Services). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Cybrosys Techno Solutions Private Limited | •••• | •••• | •••• | •••• | - | Malappuram, Kerala, India |
| Emiac Technologies Limited | •••• | •••• | •••• | •••• | - | Jaipur, Rajasthan, India |
| Blend360 India Private Limited | •••• | •••• | •••• | •••• | - | Hyderabad, Telangana, India |
| Krish Software Services (India) Private Limited | •••• | •••• | •••• | •••• | 77 | Bangalore South, Karnataka, India |
| BD Software Distribution Private Limited | •••• | •••• | •••• | •••• | 39 | Navi Mumbai, Maharashtra, India |
| Banktech Software Services Private Limited this company | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| 50 Hertz Limited | •••• | •••• | •••• | •••• | 13 | New Delhi, Delhi, India |
| Invasystems Software Solutions Private Limited | •••• | •••• | •••• | •••• | - | Haveli, Maharashtra, India |
| Savitr Software Services Private Limited | •••• | •••• | •••• | •••• | - | Hyderabad, Telangana, India |
| Knackforge Soft Solutions Private Limited | •••• | •••• | •••• | •••• | 126 | Chennai, Tamil Nadu, India |
| Provenir India Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Banktech Software Services by revenue in the Information Technology industry (Software Services), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Banktech Software Services Private Limited
Banktech Software Services Private Limited is audited by S. RAVI AND ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S. RAVI AND ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Banktech Software Services Private Limited
Banktech Software Services has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Narendrakumar Bhaskaran Nair | Director | 28 Nov 2023 | 2 Years 10 Months | Current |
| Shashank Ghodrala | Director | 12 Jun 2025 | 1 Years 3 Months | Current |
| Deepak Sharma | Director | 24 Feb 2025 | 1 Years 7 Months | Current |
Ownership and Shareholding of Banktech Software Services Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Banktech Software Services Private Limited
Banktech Software Services Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Banktech Software Services Private Limited
Banktech Software Services Private Limited has a workforce of 87 employees as of Apr 08, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Name History of Banktech Software Services Private Limited
Banktech Software Services has undergone 2 name changes throughout its history. The company was previously known as S'bantech Software Services Private Limited, and Suchen's Bantech Software Services Private Limited. The current legal name is Banktech Software Services Private Limited.
| Company Name | Status |
|---|---|
| Banktech Software Services Private Limited | Current |
| S'bantech Software Services Private Limited | Previous |
| Suchen's Bantech Software Services Private Limited | Previous |
Recent Activity on Banktech Software Services Private Limited
Banktech Software Services Private Limited has 9 board changes on record since 2023: 3 appointments and 6 cessations. The latest: Deepak Sharma ceased to be Additional Director on 29 Sep 2025.
Credit Ratings, Litigation & Regulatory Alerts for Banktech Software Services Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Banktech Software Services Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Banktech Software Services Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Banktech Software Services Private Limited
Banktech Software Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAZCS4837R1Z6 | Tamil Nadu | Active | 07 Jun 2019 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Banktech Software Services Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Banktech Software Services Private Limited
Banktech Software Services is an active private limited company based in Mumbai, Maharashtra, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 17 November 2017 (9+ years old) and is registered under CIN U72900MH2017PTC301905.
Banktech Software Services reported revenue of ₹19.95 Cr for FY 2025 (up 130% YoY).
Banktech Software Services has 3 current directors:
- Narendrakumar Bhaskaran Nair - Director
- Shashank Ghodrala - Director
- Deepak Sharma - Director
Banktech Software Services reported a net profit of ₹2.31 Cr (net margin 11.6%) and EBITDA of ₹3.05 Cr (EBITDA margin 15.3%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Banktech Software Services is 90% over three years and 71% over five years. In the latest year (FY 2025) revenue rose 130%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Banktech Software Services is 33AAZCS4837R1Z6, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Banktech Software Services is U72900MH2017PTC301905. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Banktech Software Services was incorporated on 17 November 2017, making it 9+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Banktech Software Services by revenue are Cybrosys Techno Solutions Private Limited, Emiac Technologies Limited, Blend360 India Private Limited, Krish Software Services (India) Private Limited, BD Software Distribution Private Limited and 5 more, all in the Information Technology industry (Software Services).
Deepak Sharma ceased to be Additional Director on 29 Sep 2025. Shashank Ghodrala ceased to be Additional Director on 29 Sep 2025. Shashank Ghodrala was appointed as Director on 12 Jun 2025. Banktech Software Services has 9 board changes on record in total.
Banktech Software Services can be reached through the website orioninc.com. Its registered office is in Mumbai, Maharashtra, India.