Binarychakra Technologies (OPC) Private Limited

Binarychakra Technologies (OPC) Private Limited - information technology in Madurai, Tamil Nadu, India. Directors, charges & compliance details.
CIN U72900TN2020OPC137717 Incorporated 05 September 2020 ROC Chennai HQ Madurai, Tamil Nadu, India
Active information technology
Data last updated
Revenue · FY 2024
₹8.85 Lakh
▼ 85% YoY
Net loss · FY 2024
₹1.98 Lakh
Net margin -22.3%
EBITDA · FY 2024
-₹1.98 Lakh
EBITDA margin -22.3%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹50,000
Issued & subscribed
Company age
6 yrs
Est. 2020
Directors on board
1
As per MCA filings
Last financials
Mar 2024
Balance sheet date

About Binarychakra Technologies (OPC) Private Limited

Data last updated:

Binarychakra Technologies (OPC) Private Limited is a one person company based in Madurai, Tamil Nadu, India. It operates in the computer and IT-related services segment of the technology and IT services sector. It was incorporated on 05 September 2020 and has been in existence for over 6 years.

The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U72900TN2020OPC137717.

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹50,000. It is led by director Thangavel Karthikeyan Gomathi Harish Ganapathi.

Its latest financial statements are for the year ended 31 March 2024. The registered office is at 14 Kambar Street Nehru Nagar, Madurai, Tamil Nadu, India – 625016.

As per the financials filed for FY 2024, the company reported a revenue of ₹8.85 Lakh, a decline of 85% compared to the previous year. For the same year it recorded a net loss of ₹1.98 Lakh (net margin -22.3%) and EBITDA of -₹1.98 Lakh (EBITDA margin -22.3%). Revenue has grown at a compounded annual rate (CAGR) of 75% over three years.

Company details

CIN U72900TN2020OPC137717
Registration Number 137717
Incorporation Date 05 September 2020
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Balance Sheet 31 March 2024

Contact details

Binarychakra Technologies (OPC) Private Limited's registered office is in Madurai, Tamil Nadu.

  • Registered Address
    14 Kambar Street Nehru Nagar, Madurai, Tamil Nadu, India – 625016
  • Industry
    Information Technology, Other Computer Related Activities
Comprehensive company report
Binarychakra Technologies (OPC) Private Limited - one report that includes everything
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  • Shareholding pattern and group structure
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  • Legal cases, compliance and MCA filings
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Business activity

The main business activity of Binarychakra Technologies is information and communication. In detail, this covers computer programming, consultancy and related activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ6Computer programming, consultancy and related activities

To see the full business activity and turnover split of Binarychakra Technologies (OPC) Private Limited, buy the company report.

Financials of Binarychakra Technologies (OPC) Private Limited

FY 2024 filings available

Binarychakra Technologies (OPC) Private Limited reported revenue of ₹8.85 Lakh (down 85% YoY) for FY 2024.

Revenue · FY 2024
₹8.85 Lakh ▼ 85%
Net loss · FY 2024
₹1.98 Lakh margin -22.3%
EBITDA · FY 2024
-₹1.98 Lakh margin -22.3%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 85%
3 years · compounded
▲ 75%
EBITDA CAGR growth
1 year
▼ 173%
3 years · compounded
▼ 277%

Revenue fell 85% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 75%. EBITDA fell 173% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 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-₹1.98 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹1.98 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin-22.3%
Net Profit Margin-22.3%
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 Binarychakra Technologies (OPC) Private Limited, buy the company report.

Board of directors of Binarychakra Technologies (OPC) Private Limited

Binarychakra Technologies has 1 director on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Thangavel Karthikeyan Gomathi Harish GanapathiDirector05 Sep 20206 Years 1 MonthsCurrent

Peer comparison

Binarychakra Technologies (OPC) Private Limited is compared with the 8 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Saaveer Digital Private Limited₹8.86 Lakh (FY 2024)9124.0%Aurangabad, Maharashtra, India
Brillspark (OPC) Private Limited₹8.85 Lakh (FY 2025)496.0%Chennai, Tamil Nadu, India
Binarychakra Technologies (OPC) Private Limitedthis company₹8.85 Lakh (FY 2024)-₹1.98 Lakh-22.3%-85.0%Madurai, Tamil Nadu, India
Optaiot Private Limited₹8.85 Lakh (FY 2025)Pune, Maharashtra, India
Sqro Technologies Private Limited₹8.85 Lakh (FY 2025)-7.0%Shillong, Meghalaya, India
Profmax Business Solutions Private Limited₹8.85 Lakh (FY 2025)6.0%Uttar Pradesh, India
Dhiyasoft India Private Limited₹8.85 Lakh (FY 2018)1.0%Chennai, Tamil Nadu, India
Soild Cube Web Private Limited₹8.84 Lakh (FY 2025)639.0%Delhi, India
Melkweg Technologies Private Limited₹8.84 Lakh (FY 2024)22.0%Hyderabad, Telangana, India

To see the full peer comparison of Binarychakra Technologies (OPC) Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Binarychakra Technologies (OPC) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

No GST registration is on our record for Binarychakra Technologies (OPC) Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Binarychakra Technologies (OPC) Private Limited has 1 board change on record since 2020: 1 appointment. The latest: Thangavel Karthikeyan Gomathi Harish Ganapathi was appointed as Director on 05 Sep 2020.

Filing
Binarychakra Technologies (Opc) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
Appointed
Incorporation
05 Sep 2020
Binarychakra Technologies (Opc) Private Limited was registered on 05 Sep 2020 with Roc Chennai & aged 6 years 1 month as per MCA records.

Frequently asked questions

Binarychakra Technologies is an active company based in Madurai, Tamil Nadu, India. The company works in other computer related activities, within the information technology industry. It was incorporated on 05 September 2020 (6+ years old) and is registered under CIN U72900TN2020OPC137717.

Binarychakra Technologies has 1 current director:

The latest financial statements of Binarychakra Technologies on record with the MCA are for the year ended 31 March 2024. Year-wise statements from FY 2021 are in the company report.

The CIN (Corporate Identification Number) of Binarychakra Technologies is U72900TN2020OPC137717. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Binarychakra Technologies was incorporated on 05 September 2020, making it 6+ years old. It is registered with the Registrar of Companies, Chennai.

The peers of Binarychakra Technologies by revenue are Saaveer Digital Private Limited, Brillspark (OPC) Private Limited, Optaiot Private Limited, Sqro Technologies Private Limited, Profmax Business Solutions Private Limited and 3 more, all in the same principal business activity (computer programming, consultancy and related activities).

Thangavel Karthikeyan Gomathi Harish Ganapathi was appointed as Director on 05 Sep 2020.

The registered office of Binarychakra Technologies is at 14 Kambar Street Nehru Nagar, Madurai, Tamil Nadu, India – 625016.

Binarychakra Technologies operates in the information technology industry, in the other computer related activities segment.

Binarychakra Technologies can be reached at its registered office: 14 Kambar Street Nehru Nagar, Madurai, Tamil Nadu, India – 625016.

Binarychakra Technologies is registered under the jurisdiction of the Registrar of Companies (ROC), Chennai.