About B-Hive IT Solutions Private Limited
Data last updated:
B-Hive IT Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the IT products retail and distribution segment of the technology and IT services sector. It was incorporated on 21 March 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2011PTC057755. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors including Kiran Agrahara and Raju Kenchegowda Valagerehally.
Its last annual general meeting (AGM) was held on 10 October 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2020, the company reported a revenue of ₹33,445, a decline of 96% compared to the previous year. For the same year it recorded a net loss of ₹1.34 Lakh (net margin -400.7%) and EBITDA of -₹1.29 Lakh (EBITDA margin -384.9%). Revenue has declined at a compounded annual rate (CAGR) of 64% over three years and 51% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website b-hivegroup.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressNo.18 9th Main Road 4th Cross 2nd Stage Binny Layout Behind Priyadarshni High School V, Ijayanagar, Bangalore, Karnataka, India – 560040
- IndustryInformation Technology, IT Products Retail & Distribution
- 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 B-Hive IT Solutions Private Limited
The main business activity of B-Hive IT Solutions is trade. In detail, this covers retail trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | 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 B-Hive IT Solutions Private Limited FY 2020 filings available
B-Hive IT Solutions Private Limited reported revenue of ₹33,445 (down 96% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR) of B-Hive IT Solutions Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 51% over five years, including a 96% fall in the latest year. EBITDA fell 210% 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 B-Hive IT Solutions Private Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| 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 | -₹1.29 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.34 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 B-Hive IT Solutions Private Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -384.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -400.7% | •••• | •••• | •••• | •••• |
| 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 B-Hive IT Solutions are in the company report.
Financial statements from 2015
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 B-Hive IT Solutions Private Limited
B-Hive IT Solutions Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (IT Products Retail and Distribution). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| M Securevision Solution Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Juggle Technologies Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| VSL Electronics Private Limited | •••• | •••• | •••• | •••• | - | Secunderabad, Telangana, India |
| Dimensus Technology Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Smia Global Technologies (OPC) Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| B-Hive IT Solutions Private Limited this company | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Syfor Technologies Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Champion Computers Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Ace Controltech Services India Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Prime Technosolution Private Limited | •••• | •••• | •••• | •••• | - | Shahdara, Delhi, India |
| White Line Software Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below B-Hive IT Solutions by revenue in the Information Technology industry (IT Products Retail and Distribution), 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 B-Hive IT Solutions Private Limited
B-Hive IT Solutions Private Limited is audited by B M MANJUNATH & ASSOCIATES for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| B M MANJUNATH & 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 B-Hive IT Solutions Private Limited
B-Hive IT Solutions has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kiran Agrahara | Director | 21 Mar 2011 | 15 Years 6 Months | Current |
| Raju Kenchegowda Valagerehally | Director | 21 Mar 2011 | 15 Years 6 Months | Current |
| Prathapkumar Akula Radhakrishna | Director | 21 Mar 2011 | 15 Years 6 Months | Current |
Ownership and Shareholding of B-Hive IT Solutions 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 B-Hive IT Solutions Private Limited
B-Hive IT Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at B-Hive IT Solutions Private Limited
Employment history and EPFO contributions of people linked to B-Hive IT Solutions.
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.
Recent Activity on B-Hive IT Solutions Private Limited
B-Hive IT Solutions Private Limited has 3 board changes on record since 2011: 3 appointments. The latest: Kiran Agrahara was appointed as Director on 21 Mar 2011.
Credit Ratings, Litigation & Regulatory Alerts for B-Hive IT Solutions 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 B-Hive IT Solutions 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 B-Hive IT Solutions 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 B-Hive IT Solutions Private Limited
B-Hive IT Solutions has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
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 B-Hive IT Solutions 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 B-Hive IT Solutions Private Limited
B-Hive IT Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in IT products retail and distribution, within the information technology industry. It was incorporated on 21 March 2011 (15+ years old) and is registered under CIN U72200KA2011PTC057755.
B-Hive IT Solutions reported revenue of ₹33,445 for FY 2020 (down 96% YoY).
B-Hive IT Solutions has 3 current directors:
- Kiran Agrahara - Director
- Raju Kenchegowda Valagerehally - Director
- Prathapkumar Akula Radhakrishna - Director
B-Hive IT Solutions reported a net loss of ₹1.34 Lakh (net margin -400.7%) and EBITDA of -₹1.29 Lakh (EBITDA margin -384.9%) for FY 2020, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of B-Hive IT Solutions is -64% over three years and -51% over five years. In the latest year (FY 2020) revenue fell 96%. CAGR is the steady yearly rate that links the first and the last year.
No. B-Hive IT Solutions has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of B-Hive IT Solutions is U72200KA2011PTC057755. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
B-Hive IT Solutions was incorporated on 21 March 2011, making it 15+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of B-Hive IT Solutions by revenue are M Securevision Solution Private Limited, Juggle Technologies Private Limited, VSL Electronics Private Limited, Dimensus Technology Private Limited, Smia Global Technologies (OPC) Private Limited and 5 more, all in the Information Technology industry (IT Products Retail and Distribution).
Kiran Agrahara was appointed as Director on 21 Mar 2011. Prathapkumar Akula Radhakrishna was appointed as Director on 21 Mar 2011. Raju Kenchegowda Valagerehally was appointed as Director on 21 Mar 2011.
B-Hive IT Solutions can be reached through the website b-hivegroup.com. Its registered office is in Bangalore, Karnataka, India.