Bhasin Soft India Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U85110KA1998PLC024524 Incorporated 16 December 1998 ROC Bangalore HQ Bangalore, Karnataka, India
Active Public Limited Company information technology MSME · Micro
Data last updated
Revenue · FY 2024
₹51.92 Lakh
▼ 11% YoY
Net profit · FY 2024
₹6.65 Lakh
Net margin 12.8%
EBITDA · FY 2024
₹7.92 Lakh
EBITDA margin 15.2%
Authorised capital
₹7.5 Cr
Registered with MCA
Paid-up capital
₹52.33 Lakh
Issued & subscribed
Company age
28 yrs
Est. 1998
Employees · EPFO
2
Provident fund records
Directors on board
3
As per MCA filings

About Bhasin Soft India Limited

Data last updated:

Bhasin Soft India Limited is a public limited company based in Bangalore, Karnataka, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 16 December 1998 and has been in existence for over 28 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U85110KA1998PLC024524. Its GSTIN is 29AABCB1863A1Z3 (Karnataka).

The company has an authorised share capital of ₹7.5 Cr and a paid-up capital of ₹52.33 Lakh. It is led by directors including Raj Bhasin and Sushil Kumar Bhasin.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Sector 6, Bangalore, Karnataka.

As per the financials filed for FY 2024, the company reported a revenue of ₹51.92 Lakh, a decline of 11% compared to the previous year. For the same year it recorded a net profit of ₹6.65 Lakh (net margin 12.8%) and EBITDA of ₹7.92 Lakh (EBITDA margin 15.2%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years and 18% over five years.

The company has about 2 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Bhasinsoft. Court records list 2 cases involving the company, including 2 filed by the company.

Bhasin Soft India Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0062089). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website bhasin.in.

Company details

CIN U85110KA1998PLC024524
Registration Number 024524
Incorporation Date 16 December 1998
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0062089

CIN history

Bhasin Soft India has one previous CIN (Corporate Identification Number): U72200KA1998PLC024524. The current CIN is U85110KA1998PLC024524, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U85110KA1998PLC024524Current
U72200KA1998PLC024524Previous

Recognitions & Rankings of Bhasin Soft India

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-KR-03-0062089

Contact details

Bhasin Soft India Limited's registered office is in Bangalore, Karnataka. Its website is bhasin.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
  • Registered Address
    12C 2nd Main 14th C Cross, Hsr Layout Sector 6, Bangalore, Karnataka, India – 560102
  • Industry
    Information Technology, Application Development & Software Solutions

To see the full contact details of Bhasin Soft India Limited, buy the company report.

Comprehensive company report
Bhasin Soft India Limited - one report that includes everything
  • 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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Brands

Bhasin Soft India operates one associated brand: Bhasinsoft. Each brand links to its own profile.

BrandDescriptionWebsite
Offers IT services including software development, design, and cloud computing solutions.bhasinsoft.com

Business activity

The main business activity of Bhasin Soft India is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc. and data processing, hosting and related activities; web portal. 2 activity segments are registered with the MCA.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ2Publishing of computer operating systems, system software, application software, games, etc.
JInformation and communicationJ7Data processing, hosting and related activities; web portal

To see the full business activity and turnover split of Bhasin Soft India Limited, buy the company report.

Financials of Bhasin Soft India Limited

FY 2024 filings available

Bhasin Soft India Limited reported revenue of ₹51.92 Lakh (down 11% YoY) for FY 2024.

Revenue · FY 2024
₹51.92 Lakh ▼ 11%
Net profit · FY 2024
₹6.65 Lakh margin 12.8%
EBITDA · FY 2024
₹7.92 Lakh margin 15.2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 11%
3 years · compounded
▲ 11%
5 years · compounded
▲ 18%
EBITDA CAGR growth
1 year
▼ 58%
3 years · compounded
▲ 546%
5 years · compounded
▲ 29%

Revenue fell 11% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 18%. EBITDA fell 58% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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₹7.92 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹6.65 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin15.2%
Net Profit Margin12.8%
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 Bhasin Soft India Limited, buy the company report.

Board of directors of Bhasin Soft India Limited

Bhasin Soft India has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Raj BhasinDirector16 Dec 199827 Years 10 MonthsCurrent
Sushil Kumar BhasinDirector16 Dec 199827 Years 10 MonthsCurrent
Ankur BhasinDirector19 Jun 200224 Years 4 MonthsCurrent

Auditor

Bhasin Soft India Limited is audited by BELLIAPAAM for the financial year 2023.

Auditor firmFinancial yearFirm registration number
BELLIAPAAMFY 2023200444

Shareholding

The shareholding of Bhasin Soft India Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Bhasin Soft India Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Bhasin Soft India Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Bhasin Soft India Limited has a workforce of 2 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.

Employee count
2
Active EPFO establishments
1

GST

Bhasin Soft India has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AABCB1863A1Z3KarnatakaActive01 Jul 2017

To see the full GST registrations and return filing status of Bhasin Soft India Limited, buy the company report.

Recent activity

Bhasin Soft India Limited has 4 board changes on record since 1998: 3 appointments and 1 cessation. The latest: Saurabh Bhasin ceased to be Director on 16 Feb 2009.

AGM
Bhasin Soft India Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Bhasin Soft India Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Ceased
Saurabh Bhasin ceased to be Director.
Appointed
Ankur Bhasin was appointed as Director.
Appointed
Raj Bhasin was appointed as Director.
Appointed
Sushil Kumar Bhasin was appointed as Director.
Incorporation
16 Dec 1998
Bhasin Soft India Limited was registered on 16 Dec 1998 with Roc Bangalore & aged 27 years 10 months as per MCA records.

Frequently asked questions

Bhasin Soft India is an active public limited company based in Bangalore, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 16 December 1998 (28+ years old) and is registered under CIN U85110KA1998PLC024524.

Bhasin Soft India has 3 current directors:

The latest financial statements of Bhasin Soft India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.

The GSTIN of Bhasin Soft India is 29AABCB1863A1Z3, registered in Karnataka.

The CIN (Corporate Identification Number) of Bhasin Soft India is U85110KA1998PLC024524. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Bhasin Soft India has 2 court cases on record: 2 filed by the company.

Bhasin Soft India was incorporated on 16 December 1998, making it 28+ years old. It is registered with the Registrar of Companies, Bangalore.

Saurabh Bhasin ceased to be Director on 16 Feb 2009. Ankur Bhasin was appointed as Director on 19 Jun 2002. Raj Bhasin was appointed as Director on 16 Dec 1998. Bhasin Soft India has 4 board changes on record in total.

Yes, Bhasin Soft India is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0062089).

Bhasin Soft India can be reached through the website bhasin.in. Its registered office is in Bangalore, Karnataka, India.