Binary Lifestyle Private Limited
About Binary Lifestyle Private Limited
Data last updated:
Binary Lifestyle Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 13 May 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U32300GJ2016PTC091993. Its GSTIN is 24AAGCB7240L1ZM (Gujarat).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.13 Lakh. It is led by directors Dhaval Hareshkumar Shah and Mihir Nikunjkumar Saraiya.
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 D – 32 Sarvdarshan Apartment B/H Heven Park Vejalpur, Ahmedabad, Gujarat, India – 380015.
As per the financials filed for FY 2025, the company reported a revenue of ₹14.14 Cr, a growth of 13% compared to the previous year. For the same year it recorded a net profit of ₹29.03 Lakh (net margin 2.1%) and EBITDA of ₹76.09 Lakh (EBITDA margin 5.4%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 18% over five years.
The company has about 62 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹99.5 Lakh and satisfied charges of ₹4 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressD – 32 Sarvdarshan Apartment B/H Heven Park Vejalpur, Ahmedabad, Gujarat, India – 380015
- IndustryConsumer Electronics & Durables, Electronic Appliances 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 Binary Lifestyle Private Limited
The main business activity of Binary Lifestyle is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale 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 Binary Lifestyle Private Limited FY 2025 filings available
Binary Lifestyle Private Limited reported revenue of ₹14.14 Cr (up 13% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Binary Lifestyle Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 18% over five years, including 13% growth in the latest year. EBITDA rose 10% 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 Binary Lifestyle Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹76.09 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹29.03 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 Binary Lifestyle Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.1% | •••• | •••• | •••• | •••• |
| 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 Binary Lifestyle are in the company report.
Financial statements from FY 2017
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 Binary Lifestyle Private Limited
Binary Lifestyle Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Wholesale Trading). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shri Udyog Trades Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Coromandel Chemicals Limited | •••• | •••• | •••• | •••• | - | Secunderabad, Telangana, India |
| Pawan Panel Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Zitron Pharma Pvt Ltd | •••• | •••• | •••• | •••• | - | Ahmedabad, Gujarat, India |
| Hermanos Industries Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Binary Lifestyle Private Limited this company | •••• | •••• | •••• | •••• | - | Ahmedabad, Gujarat, India |
| Multicure Pharma Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Kamlax Polytex Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Ashmer International Private Limited | •••• | •••• | •••• | •••• | - | Thane, Maharashtra, India |
| Zakoopi Infotech Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Satabdi Tie-Up Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Binary Lifestyle by revenue in the same principal business activity (Wholesale Trading), 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 Binary Lifestyle Private Limited
Binary Lifestyle Private Limited is audited by DEVADIYA AND ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| DEVADIYA AND 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 Binary Lifestyle Private Limited
Binary Lifestyle 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 |
|---|---|---|---|---|
| Dhaval Hareshkumar Shah | Director | 13 May 2016 | 10 Years 4 Months | Current |
| Mihir Nikunjkumar Saraiya | Director | 13 May 2016 | 10 Years 4 Months | Current |
Ownership and Shareholding of Binary Lifestyle 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 Binary Lifestyle Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 Mar 2025 | Others | ₹24.5 Lakh | Open |
| 11 Sep 2018 | Yes Bank Limited | ₹75 Lakh | Open |
| 06 Mar 2017 | Hdfc Bank Limited | ₹4 Lakh | Satisfied |
Total charge records: 3 View all charges
MSME Payment Delays by Binary Lifestyle Private Limited
Binary Lifestyle Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2020, listing 1 overdue payment to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Cubix Micro Systems India Private Limited | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 1 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Binary Lifestyle Private Limited
Binary Lifestyle Private Limited has a workforce of 62 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.
Recent Activity on Binary Lifestyle Private Limited
Binary Lifestyle Private Limited has 3 board changes on record since 2016: 2 appointments and 1 cessation. The latest: Vikram Hanumant Bhosle ceased to be Director on 28 Nov 2019.
Credit Ratings, Litigation & Regulatory Alerts for Binary Lifestyle 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.
Subsidiaries & Group Companies of Binary Lifestyle 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 Binary Lifestyle Private Limited
Binary Lifestyle has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAGCB7240L1ZM | Gujarat | Active | 01 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 Binary Lifestyle 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 Binary Lifestyle Private Limited
Binary Lifestyle is an active private limited company based in Ahmedabad, Gujarat, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 13 May 2016 (10+ years old) and is registered under CIN U32300GJ2016PTC091993.
Binary Lifestyle reported revenue of ₹14.14 Cr for FY 2025 (up 13% YoY).
Binary Lifestyle has 2 current directors:
- Dhaval Hareshkumar Shah - Director
- Mihir Nikunjkumar Saraiya - Director
Binary Lifestyle reported a net profit of ₹29.03 Lakh (net margin 2.1%) and EBITDA of ₹76.09 Lakh (EBITDA margin 5.4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Binary Lifestyle is 4% over three years and 18% over five years. In the latest year (FY 2025) revenue rose 13%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Binary Lifestyle is 24AAGCB7240L1ZM, registered in Gujarat.
The CIN (Corporate Identification Number) of Binary Lifestyle is U32300GJ2016PTC091993. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Binary Lifestyle was incorporated on 13 May 2016, making it 10+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Binary Lifestyle by revenue are Shri Udyog Trades Private Limited, Coromandel Chemicals Limited, Pawan Panel Private Limited, Zitron Pharma Pvt Ltd, Hermanos Industries Private Limited and 5 more, all in the same principal business activity (Wholesale Trading).
Vikram Hanumant Bhosle ceased to be Director on 28 Nov 2019. Dhaval Hareshkumar Shah was appointed as Director on 13 May 2016. Mihir Nikunjkumar Saraiya was appointed as Director on 13 May 2016.
Binary Lifestyle has 1 MSME Form 1 return on record for the period ending Mar 2020, listing 1 overdue payment to 1 micro and small supplier. The latest return was filed on 04 Apr 2021.
The registered office of Binary Lifestyle is at D – 32 Sarvdarshan Apartment BH Heven Park Vejalpur, Ahmedabad, Gujarat, India – 380015.