MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2021-22)
- Udyam number
- UDYAM-HR-05-0019322
Binary Electricals Private Limited - consumer electronics & durables in Haryana, India. FY 2026 financials & compliance.
Revenue · FY 2020
₹1.07 Cr
▼ 51% YoY
Net profit · FY 2020
₹78,784
Net margin 0.7%
EBITDA · FY 2020
₹13.13 Lakh
EBITDA margin 12.3%
Authorised capital
₹7.25 Lakh
Registered with MCA
Paid-up capital
₹7.25 Lakh
Issued & subscribed
Open charges
₹1.3 Cr
Secured borrowings
Company age
20 yrs
Est. 2006
Directors on board
3
As per MCA filings
About Binary Electricals Private Limited
Data last updated:
Binary Electricals Private Limited is a private limited company based in Haryana, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 07 February 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Haryana, under CIN U31104HR2006PTC036034. Its GSTIN is 06AACCB8101A1ZH (Haryana).
The company has an authorised share capital of ₹7.25 Lakh and a paid-up capital of ₹7.25 Lakh. It is led by directors including Janak Raj Sharma and Parveen Kumar.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at 126 Housing Board Colonypatel Nagar Gurgaon Haryana, Haryana, India.
As per the financials filed for FY 2020, the company reported a revenue of ₹1.07 Cr, a decline of 51% compared to the previous year. For the same year it recorded a net profit of ₹78,784 (net margin 0.7%) and EBITDA of ₹13.13 Lakh (EBITDA margin 12.3%). Revenue has declined at a compounded annual rate (CAGR) of 53% over three years and 36% over five years.
As per MCA filings, the company has open charges of ₹1.3 Cr on record. Court records list 2 cases involving the company, including 2 filed against it.
Binary Electricals Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-HR-05-0019322). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website binary-electricals.com.
Company details
CIN U31104HR2006PTC036034
Registration Number 036034
Incorporation Date 07 February 2006
ROC Haryana
Listing Status Unlisted
Company Status Active
Date of Last AGM 31 December 2020
Date of Balance Sheet 31 March 2020
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-HR-05-0019322
Recognitions & Rankings of Binary Electricals
Contact details
Binary Electricals Private Limited's registered office is in Haryana. Its website is binary-electricals.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address126 Housing Board Colonypatel Nagar Gurgaon Haryana, Haryana, India
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
To see the full contact details of Binary Electricals Private Limited, buy the company report.
Comprehensive company report
Binary Electricals Private 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Binary Electricals is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Binary Electricals Private Limited, buy the company report.
Financials of Binary Electricals Private Limited
FY 2020 filings availableBinary Electricals Private Limited reported revenue of ₹1.07 Cr (down 51% YoY) for FY 2020.
Revenue · FY 2020
₹1.07 Cr ▼ 51%
Net profit · FY 2020
₹78,784 margin 0.7%
EBITDA · FY 2020
₹13.13 Lakh margin 12.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 51%
3 years · compounded
▼ 53%
5 years · compounded
▼ 36%
EBITDA CAGR growth
1 year
▼ 34%
3 years · compounded
▼ 25%
5 years · compounded
▼ 4%
Revenue has declined at a compounded annual rate (CAGR) of 36% over five years, including a 51% fall in the latest year. EBITDA fell 34% 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
| 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 | ₹1.07 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹13.13 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹78,784 | ||||
| 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
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12.3% | ||||
| Net Profit Margin | 0.7% | ||||
| 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 | |||||
To see the full financial statements and ratios of Binary Electricals Private Limited, buy the company report.
Board of directors of Binary Electricals Private Limited
Binary Electricals has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Janak Raj Sharma | Director | 17 Feb 2006 | 20 Years 8 Months | Current |
| Parveen Kumar | Director | 17 Feb 2006 | 20 Years 8 Months | Current |
| Ajay Pal Singh Bhati | Director | 17 Feb 2006 | 20 Years 8 Months | Current |
Peer comparison
Binary Electricals Private Limited is compared with the 3 companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sancon India Private Limited | ₹1.07 Cr (FY 2016) | 25.0% | New Delhi, Delhi, India | |||
| Hi Tech Components Private Limited | ₹1.07 Cr (FY 2025) | 26.0% | New Delhi, Delhi, India | |||
| Binary Electricals Private Limitedthis company | ₹1.07 Cr (FY 2020) | ₹78,784 | 0.7% | -51.0% | Haryana, India | |
| Aric Services Private Limited | ₹1.06 Cr (FY 2025) | 178.0% | Delhi, India |
To see the full peer comparison of Binary Electricals Private Limited, buy the company report.
Auditor
Binary Electricals Private Limited is audited by V A M & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V A M & ASSOCIATES | FY 2020 | 017306N |
Shareholding
The shareholding of Binary Electricals Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Binary Electricals Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1.3 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Dec 2021 | 100510955 | Others | ₹10.09 Lakh | Open | |
| 10 Jul 2020 | 100349782 | Others | ₹20.18 Lakh | Open | |
| 30 Mar 2012 | 10352280 | Others | ₹1 Cr | Open |
To see the full charge records of Binary Electricals Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Binary Electricals Private Limited has 2 court cases on record: 2 filed against it. All cases are disposed.
Total cases
2
Filed against the company
2
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, East, Delhi | Cheque dishonour complaint | Filed against the company by Pilot Industries Limited | Disposed |
| District court, South East, Delhi | Criminal case | Filed against the company by Gem Batteries Private Limited | Disposed |
To see the full case history of Binary Electricals Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Binary Electricals Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Binary Electricals has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AACCB8101A1ZH | Haryana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Binary Electricals Private Limited, buy the company report.
Recent activity
Binary Electricals Private Limited has 4 board changes on record since 2006: 3 appointments and 1 cessation. The latest: Pritam Singh ceased to be Director on 24 Dec 2020.
Charges
A charge with Others amounted to Rs. 10.09 Lakh with Charge ID 100510955 was registered on 04 Dec 2021.
AGM
Binary Electricals Private Limited last Annual general meeting of members was held on 31 Dec 2020 as per latest MCA records.
Ceased
Pritam Singh ceased to be Director.
Charges
A charge with Others amounted to Rs. 20.18 Lakh with Charge ID 100349782 was registered on 10 Jul 2020.
Filing
Binary Electricals Private Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Haryana.
Charges
A charge with Others of Rs. 100.00 Lakh registered on 30 Mar 2012 with Charge ID 10352280 was modified on 18 Mar 2017.
Charges
A charge with Others amounted to Rs. 100.00 Lakh with Charge ID 10352280 was registered on 30 Mar 2012.
Appointed
Ajay Pal Singh Bhati was appointed as Director.
Appointed
Janak Raj Sharma was appointed as Director.
Appointed
Parveen Kumar was appointed as Director.
Incorporation
07 Feb 2006
Binary Electricals Private Limited was registered on 07 Feb 2006 with Roc Haryana & aged 20 years 8 months as per MCA records.
Frequently asked questions
Binary Electricals is an active private limited company based in Haryana, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 07 February 2006 (20+ years old) and is registered under CIN U31104HR2006PTC036034.
Binary Electricals has 3 current directors:
- Janak Raj Sharma - Director
- Parveen Kumar - Director
- Ajay Pal Singh Bhati - Director
The latest financial statements of Binary Electricals on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.
The GSTIN of Binary Electricals is 06AACCB8101A1ZH, registered in Haryana.
The CIN (Corporate Identification Number) of Binary Electricals is U31104HR2006PTC036034. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Binary Electricals has 2 court cases on record: 2 filed against it.
Binary Electricals was incorporated on 07 February 2006, making it 20+ years old. It is registered with the Registrar of Companies, Haryana.
The peers of Binary Electricals by revenue are Sancon India Private Limited, Hi Tech Components Private Limited, Aric Services Private Limited, all in the Consumer Durables industry (Electronic Appliances Retail and Distribution), with the same principal business activity (wholesale trading).
Pritam Singh ceased to be Director on 24 Dec 2020. Ajay Pal Singh Bhati was appointed as Director on 17 Feb 2006. Janak Raj Sharma was appointed as Director on 17 Feb 2006. Binary Electricals has 4 board changes on record in total.
Yes, Binary Electricals is registered as a micro enterprise under Udyam registration (number: UDYAM-HR-05-0019322).
Binary Electricals can be reached through the website binary-electricals.com. Its registered office is in Haryana, India.