MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-WB-10-0002804
Bees Network Limited - financial services in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹6.17 Cr
▲ 26% YoY
Net profit · FY 2025
₹1.2 Cr
Net margin 19.4%
EBITDA · FY 2025
₹2.14 Cr
EBITDA margin 34.7%
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹11.28 Lakh
Issued & subscribed
Open charges
₹5.41 Cr
Satisfied ₹20 Lakh
Company age
26 yrs
Est. 2000
Directors on board
3
As per MCA filings
About Bees Network Limited
Data last updated:
Bees Network Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the brokerage and trading services segment of the financial services sector. It was incorporated on 11 April 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2000PLC125786. Its GSTIN is 27AACCB3198B1ZW (Maharashtra). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹11.28 Lakh. It is led by directors including Bharat Bagla (Whole-Time Director) and Urmila Bagla.
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 306 Rajshila 3rd Floor 597 J. S. Marg Girgaun, Mumbai, Maharashtra, India – 400002.
As per the financials filed for FY 2025, the company reported a revenue of ₹6.17 Cr, a growth of 26% compared to the previous year. For the same year it recorded a net profit of ₹1.2 Cr (net margin 19.4%) and EBITDA of ₹2.14 Cr (EBITDA margin 34.7%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 17% over five years.
The company is associated with 1 brand: BEES Network Ltd. As per MCA filings, the company has open charges of ₹5.41 Cr and satisfied charges of ₹20 Lakh on record.
Bees Network Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-WB-10-0002804). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website bees.in.
Company Details of Bees Network Limited
CIN U72900MH2000PLC125786
Registration Number 125786
Incorporation Date 11 April 2000
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-WB-10-0002804
Key People
Bharat Bagla Whole-Time Director Urmila Bagla Director Janardan Prasad Chaturvedi Director Recognitions & Rankings of Bees Network
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address306 Rajshila 3rd Floor 597 J. S. Marg Girgaun, Mumbai, Maharashtra, India – 400002
- IndustryFinancial Services, Brokerage & Trading Services
Comprehensive company report
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Associated Brands with Bees Network Limited
Bees Network operates one associated brand: BEES Network Ltd. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Financial advisory, retirement planning, and insurance services are offered by BEES Network Ltd in India. | bees.in |
Business Activity of Bees Network Limited
The main business activity of Bees Network is financial and insurance activities. In detail, this covers activities auxiliary to financial service and insurance activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance activities | 66 | Activities auxiliary to financial service and insurance activities | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
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Financials of Bees Network Limited FY 2025 filings available
Bees Network Limited reported revenue of ₹6.17 Cr (up 26% YoY) for FY 2025.
Revenue · FY 2025
₹6.17 Cr ▲ 26%
Net profit · FY 2025
₹1.2 Cr margin 19.4%
EBITDA · FY 2025
₹2.14 Cr margin 34.7%
Compounded Annual Growth Rate (CAGR) of Bees Network Limited
Revenue CAGR growth
1 year
▲ 26%
3 years · compounded
▲ 17%
5 years · compounded
▲ 17%
EBITDA CAGR growth
1 year
▲ 61%
3 years · compounded
▲ 45%
5 years · compounded
▲ 35%
Revenue has grown at a compounded annual rate (CAGR) of 17% over five years, including 26% growth in the latest year. EBITDA rose 61% 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 Bees Network 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 | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹2.14 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.2 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 of Bees Network Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 34.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 19.4% | •••• | •••• | •••• | •••• |
| 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 Bees Network are in the company report.
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Financial statements from 2015
Earlier years and trend charts are in the company report.
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Board of Directors of Bees Network Limited
Bees Network has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bharat Bagla | Whole-Time Director | 11 Apr 2000 | 26 Years 6 Months | Current |
| Urmila Bagla Also directs: Stinging Bees Agency Private Limited | Director | 06 Jun 2007 | 19 Years 4 Months | Current |
| Janardan Prasad Chaturvedi Also directs: JPC Advising (OPC) Private Limited, Placewell Jobs Private Limited CN, Ramchandra Infrastructures Private Limited and 2 more | Director | 01 Dec 2004 | 21 Years 10 Months | Current |
Peer Comparison of Bees Network Limited
Bees Network Limited is compared with the companies closest to it by revenue in the BFSI industry (Financial Instrument Distributors). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Pegasus Finserv Private Limited | ₹6.92 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | New Delhi, Delhi, India |
| Vivek Financial Focus Limited | ₹6.86 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | New Delhi, Delhi, India |
| Gold Star Financial Services Pvt.Ltd. | ₹6.71 Cr (FY 2024) | •••• | •••• | 25.0% | •••• | Kolkata, West Bengal, India |
| Prime Capital Services Private Limited | ₹6.47 Cr (FY 2025) | •••• | •••• | 29.0% | •••• | New Delhi, Delhi, India |
| Levito Global Private Limited | ₹6.31 Cr (FY 2024) | •••• | •••• | 46.0% | •••• | Bangalore, Karnataka, India |
| Bees Network Limited this company | ₹6.17 Cr (FY 2025) | •••• | •••• | 26.0% | •••• | Mumbai, Maharashtra, India |
| Capital Brick Financial Services and Technologies Private Limited | ₹6.16 Cr (FY 2023) | •••• | •••• | -70.0% | •••• | Hassan, Karnataka, India |
| Urjita Financial Services Private Limited | ₹6.11 Cr (FY 2025) | •••• | •••• | 56.0% | •••• | Mumbai, Maharashtra, India |
| Sarth Wealth Private Limited | ₹5.89 Cr (FY 2025) | •••• | •••• | 29.0% | •••• | Pune, Maharashtra, India |
| Prime Gold Mutual Fund Distributors Private Limited | ₹5.82 Cr (FY 2025) | •••• | •••• | 39.0% | •••• | Mumbai, Maharashtra, India |
| Uniorbit Platform Services Private Limited | ₹5.6 Cr (FY 2025) | •••• | •••• | 4037.0% | •••• | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Bees Network by revenue in the BFSI industry (Financial Instrument Distributors), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Bees Network Limited
Bees Network Limited is audited by JAGDISH ASHOK & CO. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| JAGDISH ASHOK & CO. | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Bees Network Limited
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
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Charges & Borrowings of Bees Network Limited
Open charges
₹5.41 Cr
Satisfied charges
₹20 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Dec 2024 | Others | ₹65.5 Lakh | Open |
| 07 Sep 2023 | Others | ₹3.25 Cr | Open |
| 06 Sep 2023 | Others | ₹1.5 Cr | Open |
| 19 Aug 2014 | Housing Development Finance Corporation Limited | ₹20 Lakh | Satisfied |
Total charge records: 4 View all charges
Employees and EPFO Compliance at Bees Network Limited
Employment history and EPFO contributions of people linked to Bees Network.
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Bees Network Limited
Bees Network Limited has 5 board changes on record since 2000: 3 appointments and 2 cessations. The latest: Ramika Chokhani ceased to be Director on 30 Mar 2019.
AGM
Bees Network Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Others of Rs. 325.00 Lakh registered on 07 Sep 2023 with Charge ID 100789293 was modified on 28 Jun 2025.
Filing
Bees Network Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge with Others amounted to Rs. 65.50 Lakh with Charge ID 101029638 was registered on 20 Dec 2024.
Charges
A charge with Others amounted to Rs. 325.00 Lakh with Charge ID 100789293 was registered on 07 Sep 2023.
Charges
A charge with Others amounted to Rs. 150.00 Lakh with Charge ID 100784005 was registered on 06 Sep 2023.
Charges
A charge registered on 19 Aug 2014 via Charge ID 10531472 with Housing Development Finance Corporation Limited was fully satisfied on 07 Dec 2020.
Ceased
Ramika Chokhani ceased to be Director.
Charges
A charge with Housing Development Finance Corporation Limited amounted to Rs. 20.00 Lakh with Charge ID 10531472 was registered on 19 Aug 2014.
Ceased
Bharat Bagla ceased to be Director.
Appointed
Urmila Bagla was appointed as Director.
Appointed
Janardan Prasad Chaturvedi was appointed as Director.
2 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Bees Network Limited
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Credit ratings, litigation, and regulatory alerts
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MSME Payment Delays by Bees Network Limited
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Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
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Subsidiaries & Group Companies of Bees Network Limited
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GST Compliance of Bees Network Limited
Bees Network has 3 GST registrations: 3 active.
Total GSTINs
3
Active
3
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCB3198B1ZW | Maharashtra | Active | 01 Jul 2017 |
| 19AACCB3198B1ZT | West Bengal | Active | 01 Jul 2017 |
| 19AACCB3198B2ZS | West Bengal | Active | 18 Apr 2025 |
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GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
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MCA Filings & Documents of Bees Network Limited
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Frequently Asked Questions about Bees Network Limited
Bees Network is an active public limited company based in Mumbai, Maharashtra, India. The company works in brokerage and trading services, within the financial services industry. It was incorporated on 11 April 2000 (26+ years old) and is registered under CIN U72900MH2000PLC125786.
Bees Network reported revenue of ₹6.17 Cr for FY 2025 (up 26% YoY).
Bees Network has 3 current directors:
- Bharat Bagla - Whole-Time Director
- Urmila Bagla - Director
- Janardan Prasad Chaturvedi - Director
Bees Network reported a net profit of ₹1.2 Cr (net margin 19.4%) and EBITDA of ₹2.14 Cr (EBITDA margin 34.7%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Bees Network is 17% over three years and 17% over five years. In the latest year (FY 2025) revenue rose 26%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Bees Network is 27AACCB3198B1ZW, registered in Maharashtra. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 19AACCB3198B1ZT (West Bengal), 19AACCB3198B2ZS (West Bengal).
The CIN (Corporate Identification Number) of Bees Network is U72900MH2000PLC125786. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bees Network was incorporated on 11 April 2000, making it 26+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Bees Network by revenue are Pegasus Finserv Private Limited, Vivek Financial Focus Limited, Gold Star Financial Services Pvt.Ltd, Prime Capital Services Private Limited, Levito Global Private Limited and 5 more, all in the BFSI industry (Financial Instrument Distributors).
Ramika Chokhani ceased to be Director on 30 Mar 2019. Bharat Bagla ceased to be Director on 01 Apr 2008. Urmila Bagla was appointed as Director on 06 Jun 2007. Bees Network has 5 board changes on record in total.
Yes, Bees Network is registered as a micro enterprise under Udyam registration (number: UDYAM-WB-10-0002804).