About Binary Infotech Private Limited
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Binary Infotech 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 23 March 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U30007KA1992PTC012975. Its GSTIN is 29AAACB5822E1ZX (Karnataka).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Vidya Harish Shetty (Managing Director) and Harish Kumar Shetty.
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 No. 18 Imperial Court Cunningham Road, Bangalore, Karnataka, India – 560032.
As per the financials filed for FY 2023, the company reported a revenue of ₹1.65 Cr, a growth of 143% compared to the previous year. For the same year it recorded a net profit of ₹2.74 Lakh (net margin 1.7%) and EBITDA of ₹9.49 Lakh (EBITDA margin 5.8%). Revenue has declined at a compounded annual rate (CAGR) of 5% over three years and 5% over five years.
The company has about 2 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹99.2 Lakh on record. Court records list 4 cases involving the company, including 3 filed by the company and 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website binaryindia.com.
Company details
Contact details
Binary Infotech Private Limited's registered office is in Bangalore, Karnataka. Its website is binaryindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo. 18 Imperial Court Cunningham Road, Bangalore, Karnataka, India – 560032
- IndustryInformation Technology, IT Products Retail & Distribution, IT Consulting & Support Services
To see the full contact details of Binary Infotech Private Limited, buy the company report.
- 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
Financials of Binary Infotech Private Limited
FY 2025 filings availableBinary Infotech Private Limited reported revenue of ₹1.65 Cr (up 143% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue rose 143% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 5%. 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹1.65 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹9.49 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.74 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Trade Payables | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.8% | ||||
| Net Profit Margin | 1.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Current Ratio | |||||
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| Receivable Days | |||||
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| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Binary Infotech Private Limited, buy the company report.
Board of directors of Binary Infotech Private Limited
Binary Infotech 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 |
|---|---|---|---|---|
| Harish Kumar Shetty | Director | 23 Mar 1992 | 34 Years 7 Months | Current |
| Vidya Harish Shetty Also directs: Binary Systems Private Limited | Managing Director | 23 Mar 1992 | 34 Years 7 Months | Current |
Auditor
Binary Infotech Private Limited is audited by K P M S & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K P M S & ASSOCIATES | FY 2023 | 012090S |
Shareholding
The shareholding of Binary Infotech Private 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Binary Infotech Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Oct 2012 | 10383042 | Canara Bank | ₹72 Lakh | Open | |
| 06 Jan 2003 | 90198226 | Uco Bank | ₹13.6 Lakh | Open | |
| 06 Jan 1993 | 90196621 | Uco Bank | ₹13.6 Lakh | Open |
To see the full charge records of Binary Infotech Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Binary Infotech Private Limited has 4 court cases on record: 3 filed by Binary Infotech, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 1 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Motor accident claim | Filed against the company by an individual | Disposed |
| District court, Chandigarh | Cheque dishonour complaint | Filed by the company against Perfect Knitvision Services and 1 other | Disposed |
| District court, Chandigarh | Cheque dishonour complaint | Filed by the company against M/S Wahi Computers and 1 other | Disposed |
| District court, Jalandhar, Punjab | Cheque dishonour complaint | Filed by the company against an individual | Disposed |
To see the full case history of Binary Infotech 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 Infotech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Binary Infotech has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACB5822E1ZX | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Binary Infotech Private Limited, buy the company report.
Recent activity
Binary Infotech Private Limited has 3 board changes on record since 1992: 2 appointments and 1 cessation. The latest: Jagadisha Brahmavar Shetty ceased to be Additional Director on 25 Mar 2022.
Frequently asked questions
Binary Infotech 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 23 March 1992 (34+ years old) and is registered under CIN U30007KA1992PTC012975.
Binary Infotech has 2 current directors:
- Vidya Harish Shetty - Managing Director
- Harish Kumar Shetty - Director
The latest financial statements of Binary Infotech on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Binary Infotech is 29AAACB5822E1ZX, registered in Karnataka.
The CIN (Corporate Identification Number) of Binary Infotech is U30007KA1992PTC012975. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Binary Infotech has 4 court cases on record: 3 filed by the company and 1 filed against it.
Binary Infotech was incorporated on 23 March 1992, making it 34+ years old. It is registered with the Registrar of Companies, Bangalore.
Jagadisha Brahmavar Shetty ceased to be Additional Director on 25 Mar 2022. Harish Kumar Shetty was appointed as Director on 23 Mar 1992. Vidya Harish Shetty was appointed as Managing Director on 23 Mar 1992.
Binary Infotech can be reached through the website binaryindia.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Binary Infotech is at No. 18 Imperial Court Cunningham Road, Bangalore, Karnataka, India – 560032.
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