Binary Security Innovative Solutions Private Limited
About Binary Security Innovative Solutions Private Limited
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Binary Security Innovative Solutions Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the consumer and professional services segment of the travel and hospitality sector. It was incorporated on 30 April 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U74920WB2011PTC162149. Its GSTIN is 19AAECB5628G1ZM (West Bengal). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Vivek Ramachandran and Narayanan Ramachandran.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 162/D/662 Lake Garden Mezzanine Floor, Kolkata, West Bengal, India – 700045.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.87 Cr, a decline of 26% compared to the previous year. For the same year it recorded a net loss of ₹3.41 Cr (net margin -182.4%) and EBITDA of ₹1.22 Cr (EBITDA margin 65%). Revenue has declined at a compounded annual rate (CAGR) of 59% over three years and 18% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address162/D/662 Lake Garden Mezzanine Floor, Kolkata, West Bengal, India – 700045
- IndustryTravel and Hospitality, Consumer Professional Services
- 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
Financials of Binary Security Innovative Solutions Private Limited FY 2025 filings available
Binary Security Innovative Solutions Private Limited reported revenue of ₹1.87 Cr (down 26% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Binary Security Innovative Solutions Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 18% over five years, including a 26% fall in the latest year. EBITDA fell 47% 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 Security Innovative Solutions 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 | ₹1.22 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹3.41 Cr | •••• | •••• | •••• | •••• |
| 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 Security Innovative Solutions Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 65% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -182.4% | •••• | •••• | •••• | •••• |
| 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 Security Innovative 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.
Board of Directors of Binary Security Innovative Solutions Private Limited
Binary Security Innovative Solutions has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vivek Ramachandran | Director | 30 Apr 2011 | 15 Years 5 Months | Current |
| Narayanan Ramachandran | Director | 01 Aug 2014 | 12 Years 2 Months | Current |
| Lakshmi Ramachandran | Director | 30 Apr 2011 | 15 Years 5 Months | Current |
Peer Comparison of Binary Security Innovative Solutions Private Limited
Binary Security Innovative Solutions Private Limited is compared with the companies closest to it by revenue in the Ecommerce and Internet industry (Education). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Apn Global Education Private Limited | ₹1.9 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | Pune, Maharashtra, India |
| KVM Health and Education Private Limited | ₹1.9 Cr (FY 2024) | •••• | •••• | 18.0% | •••• | Cherthala, Kerala, India |
| Skilldzire Technologies Private Limited | ₹1.88 Cr (FY 2024) | •••• | •••• | 253.0% | •••• | Hyderabad, Telangana, India |
| My Health Education Private Limited | ₹1.88 Cr (FY 2025) | •••• | •••• | 32.0% | •••• | Kotputli, Rajasthan, India |
| Seed2sapling Education Private Limited | ₹1.88 Cr (FY 2025) | •••• | •••• | 49.0% | •••• | Bangalore, Karnataka, India |
| Binary Security Innovative Solutions Private Limited this company | ₹1.87 Cr (FY 2025) | •••• | •••• | -26.0% | •••• | Kolkata, West Bengal, India |
| Studymedic Academy Private Limited | ₹1.87 Cr (FY 2024) | •••• | •••• | 217.0% | •••• | Kechery, Kerala, India |
| A&D Education & Migration Private Limited | ₹1.86 Cr (FY 2024) | •••• | •••• | 6744.0% | •••• | New Delhi, Delhi, India |
| Esc Education Services Chennai Private Limited | ₹1.86 Cr (FY 2024) | •••• | •••• | 32.0% | •••• | Ernakulam, Kerala, India |
| Smavy Private Limited | ₹1.85 Cr (FY 2025) | •••• | •••• | 89.0% | •••• | Chennai, Tamil Nadu, India |
| Hallbridge Education Consultancy Private Limited | ₹1.85 Cr (FY 2024) | •••• | •••• | 41.0% | •••• | Delhi, India |
Peers are the five companies nearest above and the five nearest below Binary Security Innovative Solutions by revenue in the Ecommerce and Internet industry (Education), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Binary Security Innovative Solutions Private Limited
Binary Security Innovative Solutions Private Limited is audited by D N GUPTA & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| D N GUPTA & 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.
Ownership and Shareholding of Binary Security Innovative 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 Binary Security Innovative Solutions Private Limited
Binary Security Innovative Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Binary Security Innovative Solutions Private Limited
Employment history and EPFO contributions of people linked to Binary Security Innovative 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 Binary Security Innovative Solutions Private Limited
Binary Security Innovative Solutions Private Limited has 3 board changes on record since 2011: 3 appointments. The latest: Narayanan Ramachandran was appointed as Director on 01 Aug 2014.
Credit Ratings, Litigation & Regulatory Alerts for Binary Security Innovative 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 Binary Security Innovative 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 Binary Security Innovative 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 Binary Security Innovative Solutions Private Limited
Binary Security Innovative Solutions has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAECB5628G1ZM | West Bengal | Active | 01 Jul 2017 |
| 19AAECB5628G2ZL | West Bengal | Active | 10 Aug 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 Security Innovative 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 Binary Security Innovative Solutions Private Limited
Binary Security Innovative Solutions is an active private limited company based in Kolkata, West Bengal, India. The company works in consumer professional services, within the travel and hospitality industry. It was incorporated on 30 April 2011 (15+ years old) and is registered under CIN U74920WB2011PTC162149.
Binary Security Innovative Solutions reported revenue of ₹1.87 Cr for FY 2025 (down 26% YoY).
Binary Security Innovative Solutions has 3 current directors:
- Vivek Ramachandran - Director
- Narayanan Ramachandran - Director
- Lakshmi Ramachandran - Director
Binary Security Innovative Solutions reported a net loss of ₹3.41 Cr (net margin -182.4%) and EBITDA of ₹1.22 Cr (EBITDA margin 65%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Binary Security Innovative Solutions is -59% over three years and -18% over five years. In the latest year (FY 2025) revenue fell 26%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Binary Security Innovative Solutions is 19AAECB5628G1ZM, registered in West Bengal. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 19AAECB5628G2ZL (West Bengal).
The CIN (Corporate Identification Number) of Binary Security Innovative Solutions is U74920WB2011PTC162149. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Binary Security Innovative Solutions was incorporated on 30 April 2011, making it 15+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Binary Security Innovative Solutions by revenue are Apn Global Education Private Limited, KVM Health and Education Private Limited, Skilldzire Technologies Private Limited, My Health Education Private Limited, Seed2sapling Education Private Limited and 5 more, all in the Ecommerce and Internet industry (Education).
Narayanan Ramachandran was appointed as Director on 01 Aug 2014. Lakshmi Ramachandran was appointed as Director on 30 Apr 2011. Vivek Ramachandran was appointed as Director on 30 Apr 2011.
The registered office of Binary Security Innovative Solutions is at 162D662 Lake Garden Mezzanine Floor, Kolkata, West Bengal, India – 700045.