About Binary Semantics Limited
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Binary Semantics Limited is a public limited company based in Haryana, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 06 February 1986 and has been in existence for over 40 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U72200HR1986PLC033703. Its GSTIN is 06AAACB0652N1ZS (Haryana). The company holds 9 GST registrations, of which 5 are active.
The company has an authorised share capital of ₹7.01 Cr and a paid-up capital of ₹4.18 Cr. It was formerly known as Binary Semantics Private Limited and Indamar Fisheries P Ltd. It is led by directors including Akhil Choudhary (Managing Director) and Ashima Choudhary.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 3rd Floor(Part) Tower – 11 Candor, Dundahera Sector – 21, Haryana, India – 122016.
As per the financials filed for FY 2024, the company reported a revenue of ₹80.14 Cr, a growth of 19% compared to the previous year. For the same year it recorded a net profit of ₹15.48 Cr (net margin 19.3%) and EBITDA of ₹19.85 Cr (EBITDA margin 24.8%). Revenue has grown at a compounded annual rate (CAGR) of 23% over three years and 10% over five years.
The company is associated with 1 brand: Binary Semantics. As per MCA filings, the company has open charges of ₹58.47 Cr and satisfied charges of ₹86.51 Cr on record. Court records list 10 cases involving the company, including 5 filed by the company and 5 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 binarysemantics.com.
Company details
Name history
Binary Semantics has undergone 3 name changes throughout its history. The company was previously known as Binary Semantics Private Limited, Indamar Fisheries P Ltd, and Binary Semantics P Limited. The current legal name is Binary Semantics Limited.
| Company Name | Status |
|---|---|
| Binary Semantics Limited | Current |
| Binary Semantics Private Limited | Previous |
| Indamar Fisheries P Ltd | Previous |
| Binary Semantics P Limited | Previous |
CIN history
Binary Semantics has one previous CIN (Corporate Identification Number): U72200HR1997PLC033703. The current CIN is U72200HR1986PLC033703, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72200HR1986PLC033703 | Current |
| U72200HR1997PLC033703 | Previous |
Contact details
Binary Semantics Limited's registered office is in Haryana. Its website is binarysemantics.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered Address3rd Floor(Part) Tower – 11 Candor, Dundahera Sector – 21, Haryana, India – 122016
- IndustryInformation Technology, Application Development & Software Solutions, IT Consulting & Support Services
To see the full contact details of Binary Semantics 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
Brands
Binary Semantics operates one associated brand: Binary Semantics. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers software for insurtech, logistics, GST compliance, and data analytics services. | binarysemantics.com |
Business activity
The main business activity of Binary Semantics is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Binary Semantics Limited, buy the company report.
Financials of Binary Semantics Limited
FY 2024 filings availableBinary Semantics Limited reported revenue of ₹80.14 Cr (up 19% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 19% growth in the latest year. EBITDA rose 72% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹19.85 Cr | ||||
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| Net Profit (PAT) | ₹15.48 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 24.8% | ||||
| Net Profit Margin | 19.3% | ||||
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To see the full financial statements and ratios of Binary Semantics Limited, buy the company report.
Board of directors of Binary Semantics Limited
Binary Semantics has 5 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashima Choudhary | Director | 25 May 2009 | 17 Years 5 Months | Current |
| Sanjay Kalra | Director | 29 Nov 1999 | 26 Years 10 Months | Current |
| Akhil Choudhary | Managing Director | 14 May 1987 | 39 Years 5 Months | Current |
| Srijan Choudhary Also directs: Compliance Bee LLP, Proxgy India Private Limited | Additional Director | 07 Feb 2025 | 1 Years 8 Months | Current |
| Suramya Choudhary Also directs: Xaas Innovations LLP, Compliance Bee LLP | Additional Director | 07 Feb 2025 | 1 Years 8 Months | Current |
Auditor
Binary Semantics Limited is audited by ARPIT MADAAN & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ARPIT MADAAN & ASSOCIATES | FY 2023 | 517608 |
Shareholding
The shareholding of Binary Semantics 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 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Binary Semantics Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Oct 2025 | 101183842 | Others | ₹5 Cr | Open | |
| 03 Apr 2025 | 101085704 | Others | ₹10 Cr | Open | |
| 09 Sep 2024 | 100974048 | Others | ₹5 Cr | Open | |
| 30 Mar 2024 | 100904846 | Others | ₹6.39 Cr | Open | |
| 27 Dec 2023 | 100838712 | Hdfc Bank Limited | ₹60 Lakh | Open |
To see the full charge records of Binary Semantics Limited, buy the company report.
Total charge records: 28 View all charges
Legal cases
Binary Semantics Limited has 10 court cases on record: 5 filed by Binary Semantics, 5 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 9 | 4 | 0 |
| High courts | 1 | 1 | 0 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Shahdara, Delhi | Court case (Civ Suit) | Filed by the company against Ms SMC Pneumatics India Pvt Ltd | Disposed |
| District court, BENGALURU, Karnataka | Execution petition | Filed against the company by M S Sonata Software Limited | Disposed |
| District court, West, Delhi | Execution petition | Filed against the company by Infraline Technologies(India) Pvt. Ltd. | Disposed |
| District court, BENGALURU, Karnataka | Civil suit | Filed against the company by Sonata Software Ltd | Disposed |
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed by the company against an individual | Disposed |
To see the full case history of Binary Semantics 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
Binary Semantics Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, 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 |
|---|---|---|---|
| Door Sabha Nigam Limited |
To see the full MSME payment records of Binary Semantics Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Binary Semantics has 9 GST registrations: 5 active and 4 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAACB0652N1ZS | Haryana | Active | 01 Jul 2017 |
| 06AAACB0652N2ZR | Haryana | Active | 16 Jan 2025 |
| 07AAACB0652N2ZP | Delhi | Active | 25 Mar 2021 |
| 29AAACB0652N2ZJ | Karnataka | Active | 25 Mar 2021 |
To see the full GST registrations and return filing status of Binary Semantics Limited, buy the company report.
Recent activity
Binary Semantics Limited has 8 board changes on record since 1987: 5 appointments and 3 cessations. The latest: Srijan Choudhary was appointed as Additional Director on 07 Feb 2025.
50 earlier events are in the company report.
Frequently asked questions
Binary Semantics is an active public limited company based in Haryana, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 06 February 1986 (40+ years old) and is registered under CIN U72200HR1986PLC033703.
Binary Semantics has 5 current directors:
- Akhil Choudhary - Managing Director
- Ashima Choudhary - Director
- Sanjay Kalra - Director
- Srijan Choudhary - Additional Director
- Suramya Choudhary - Additional Director
The latest financial statements of Binary Semantics on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Binary Semantics is 06AAACB0652N1ZS, registered in Haryana. The company has 9 GST registrations in all, of which 5 are active and 4 are cancelled or inactive. Other active GSTINs include 06AAACB0652N2ZR (Haryana), 07AAACB0652N2ZP (Delhi), 29AAACB0652N2ZJ (Karnataka).
The CIN (Corporate Identification Number) of Binary Semantics is U72200HR1986PLC033703. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Binary Semantics has 10 court cases on record: 5 filed by the company and 5 filed against it. Most are in the district courts.
Binary Semantics was incorporated on 06 February 1986, making it 40+ years old. It is registered with the Registrar of Companies, Delhi.
Srijan Choudhary was appointed as Additional Director on 07 Feb 2025. Suramya Choudhary was appointed as Additional Director on 07 Feb 2025. Yoginder Pal Manchanda ceased to be Director on 17 Jul 2020. Binary Semantics has 8 board changes on record in total.
Binary Semantics has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 1 overdue payment to 1 micro and small supplier. The latest return was filed on 08 Jun 2019.
Binary Semantics can be reached through the website binarysemantics.com. Its registered office is in Haryana, India.
The registered office of Binary Semantics is at 3rd FloorPart Tower – 11 Candor, Dundahera Sector – 21, Haryana, India – 122016.