About BFS Technologies Private Limited
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BFS Technologies Private Limited is a private limited company based in Chennai, Tamil Nadu, India, recognised as a startup by DPIIT. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 23 May 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U74999TN2017PTC116686. Its GSTIN is 33AAHCB2527M2ZN (Tamil Nadu). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹2.1 Lakh. It was formerly known as Doyen Technology Solutions Private Limited and Specialist Fluid Solutions Private Limited. It is led by directors Puvaneswaran and Arjun Perumal.
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 S.No.41/1C1/Block – A Flat No.A – 4 2 – Floor Corporation Salai Perungudi, Chennai, Tamil Nadu, India – 600096.
As per the financials filed for FY 2024, the company reported a revenue of ₹7.84 Cr, a decline of 30% compared to the previous year. For the same year it recorded a net profit of ₹8.88 Lakh (net margin 1.1%) and EBITDA of ₹69.94 Lakh (EBITDA margin 8.9%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 7% over five years.
The company has about 13 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹9.54 Cr and satisfied charges of ₹3.1 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website bfstech.in.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressS.No.41/1C1/Block – A Flat No.A – 4 2 – Floor Corporation Salai Perungudi, Chennai, Tamil Nadu, India – 600096
- IndustryInfrastructure and Utilities, General Construction 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
- One PDF report, delivered after checkout
Business Activity of BFS Technologies Private Limited
The main business activity of BFS Technologies is construction. In detail, this covers roads, railways, utility projects.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | F2 | Roads, railways, Utility projects | 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 BFS Technologies Private Limited FY 2025 filings available
BFS Technologies Private Limited reported revenue of ₹7.84 Cr (down 30% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of BFS Technologies Private Limited
Revenue fell 30% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 7%. EBITDA rose 44% 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 BFS Technologies Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹69.94 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹8.88 Lakh | •••• | •••• | •••• | •••• |
| 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 BFS Technologies Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.1% | •••• | •••• | •••• | •••• |
| 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 BFS Technologies 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 BFS Technologies Private Limited
BFS Technologies Private Limited is compared with the companies closest to it by revenue in the Infrastructure industry (Construction Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Grand Infrabuiltec Private Limited | ₹7.86 Cr (FY 2023) | •••• | •••• | 269.0% | •••• | Meerut, Uttar Pradesh, India |
| Bhav Infracon Private Limited | ₹7.86 Cr (FY 2024) | •••• | •••• | 6.0% | •••• | Hyderabad, Telangana, India |
| HMN Techconsultants Private Limited | ₹7.85 Cr (FY 2025) | •••• | •••• | -32.0% | •••• | Bangalore, Karnataka, India |
| Sahaj Kalyan Gruha Private Limited | ₹7.85 Cr (FY 2025) | •••• | •••• | -35.0% | •••• | Hyderabad, Telangana, India |
| Sanmah Infotech Private Limited | ₹7.85 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | New Delhi, Delhi, India |
| BFS Technologies Private Limited this company | ₹7.84 Cr (FY 2024) | •••• | •••• | -30.0% | •••• | Chennai, Tamil Nadu, India |
| Srikon Mining and Projects Private Limited | ₹7.84 Cr (FY 2025) | •••• | •••• | 248.0% | •••• | Hyderabad, Telangana, India |
| Kumar Brothers Enterprises Private Limited | ₹7.83 Cr (FY 2024) | •••• | •••• | 73.0% | •••• | Rohtas, Bihar, India |
| Boilleo Private Limited | ₹7.83 Cr (FY 2024) | •••• | •••• | 389.0% | •••• | Ernakulam, Kerala, India |
| DBM Projects Private Limited | ₹7.83 Cr (FY 2025) | •••• | •••• | -8.0% | •••• | Mumbai, Maharashtra, India |
| P. J. Nirman Private Limited | ₹7.83 Cr (FY 2025) | •••• | •••• | -46.0% | •••• | Bandwan, West Bengal, India |
Peers are the five companies nearest above and the five nearest below BFS Technologies by revenue in the Infrastructure industry (Construction Services), 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 BFS Technologies Private Limited
BFS Technologies Private Limited is audited by Y S M & ASSOCIATES for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Y S M & 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 BFS Technologies Private Limited
BFS Technologies has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Puvaneswaran Also directs: Ets Automation Private Limited, BG Promoters Private Limited, Landora Reality Private Limited and 1 more | Director | 23 May 2017 | 9 Years 4 Months | Current |
| Arjun Perumal Also directs: Landora Reality Private Limited, Argo Biz Ventures India LLP | Director | 20 Oct 2020 | 5 Years 11 Months | Current |
Ownership and Shareholding of BFS Technologies 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 BFS Technologies Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Mar 2025 | Canara Bank | ₹5 Cr | Open |
| 17 Oct 2023 | The South Indian Bank Limited | ₹42.88 Lakh | Open |
| 27 Sep 2023 | The South Indian Bank Limited | ₹4 Cr | Open |
| 28 Oct 2022 | The South Indian Bank Limited | ₹11.13 Lakh | Open |
| 10 Aug 2018 | Canara Bank | ₹5 Lakh | Satisfied |
Total charge records: 6 View all charges
Employees and EPFO Compliance at BFS Technologies Private Limited
BFS Technologies Private Limited has a workforce of 13 employees as of Apr 06, 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 BFS Technologies Private Limited
BFS Technologies has undergone 6 name changes throughout its history. The current legal name is Bfs Technologies Private Limited.
| Company Name | Status |
|---|---|
| BFS Technologies Private Limited | Current |
| Doyen Technology Solutions Private Limited | Previous |
| Specialist Fluid Solutions Private Limited | Previous |
| Doyen Fluid Solutions Private Limited | Previous |
| Boffin Fluid Solutions Private Limited | Previous |
| Cientifico Fluid Solutions Private Limited | Previous |
| Esperto Fluid Solutions Private Limited | Previous |
Recent Activity on BFS Technologies Private Limited
BFS Technologies Private Limited has 4 board changes on record since 2017: 3 appointments and 1 cessation. The latest: Rajakolu Sorna Aravintha Losanan ceased to be Director on 28 Jan 2022.
4 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for BFS Technologies 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 BFS Technologies 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 BFS Technologies 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 BFS Technologies Private Limited
BFS Technologies has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAHCB2527M2ZN | Tamil Nadu | Active | 23 Jul 2017 |
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 BFS Technologies 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 BFS Technologies Private Limited
BFS Technologies is an active private limited company based in Chennai, Tamil Nadu, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 23 May 2017 (9+ years old) and is registered under CIN U74999TN2017PTC116686.
BFS Technologies reported revenue of ₹7.84 Cr for FY 2024 (down 30% YoY).
BFS Technologies has 2 current directors:
- Puvaneswaran - Director
- Arjun Perumal - Director
BFS Technologies reported a net profit of ₹8.88 Lakh (net margin 1.1%) and EBITDA of ₹69.94 Lakh (EBITDA margin 8.9%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of BFS Technologies is -1% over three years and 7% over five years. In the latest year (FY 2024) revenue fell 30%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of BFS Technologies is 33AAHCB2527M2ZN, registered in Tamil Nadu. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of BFS Technologies is U74999TN2017PTC116686. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
BFS Technologies was incorporated on 23 May 2017, making it 9+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of BFS Technologies by revenue are Grand Infrabuiltec Private Limited, Bhav Infracon Private Limited, HMN Techconsultants Private Limited, Sahaj Kalyan Gruha Private Limited, Sanmah Infotech Private Limited and 5 more, all in the Infrastructure industry (Construction Services).
Rajakolu Sorna Aravintha Losanan ceased to be Director on 28 Jan 2022. Arjun Perumal was appointed as Director on 20 Oct 2020. Puvaneswaran was appointed as Director on 23 May 2017. BFS Technologies has 4 board changes on record in total.
Yes, BFS Technologies is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).