About Binaryroots Private Limited
Data last updated:
Binaryroots Private Limited is a private limited company based in Pune, Maharashtra, India, recognised as a startup by DPIIT. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 14 December 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U72900PN2021PTC206927. Its GSTIN is 27AAKCB3788M1ZX (Maharashtra).
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Siddharth Bipinbhai Vaghasiya and Parth Nareshbhai Patel.
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 S No 210 – 2 Park Street Ruby Ph – I Park Wakad Flat – A – 303, Pune, Maharashtra, India – 411027.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.33 Cr, a growth of 26% compared to the previous year. For the same year it recorded a net profit of ₹60.98 Lakh (net margin 18.3%) and EBITDA of ₹94.55 Lakh (EBITDA margin 28.4%).
The company is associated with 1 brand: BinaryRoots.
For more details, the company can be reached via its website binaryroots.com.
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- Website
- Social MediaLocked
- Registered AddressS No 210 – 2 Park Street Ruby Ph – I Park Wakad Flat – A – 303, Pune, Maharashtra, India – 411027
- IndustryInformation Technology, IT Consulting & Support 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
Business Activity of Binaryroots Private Limited
The main business activity of Binaryroots is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | 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 Binaryroots Private Limited FY 2025 filings available
Binaryroots Private Limited reported revenue of ₹3.33 Cr (up 26% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Binaryroots Private Limited
Revenue rose 26% in the latest year. EBITDA fell 5% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Binaryroots Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| 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 | ₹94.55 Lakh | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | ₹60.98 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 of Binaryroots Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 28.4% | •••• | •••• |
| Net Profit Margin | 18.3% | •••• | •••• |
| 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 | •••• | •••• | •••• |
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 Binaryroots are in the company report.
Financial statements from FY 2022
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 Binaryroots Private Limited
Binaryroots Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Computer programming, consultancy and related activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Prowesolution Private Limited | ₹3.34 Cr (FY 2025) | •••• | •••• | •••• | Daskroi, Gujarat, India | |
| Americloud Solutions (India) Private Limited | ₹3.33 Cr (FY 2025) | •••• | •••• | 63.0% | •••• | Shaikpet, Telangana, India |
| V4c Technologies Private Limited | ₹3.33 Cr (FY 2024) | •••• | •••• | 1324.0% | •••• | Tirumalagiri, Telangana, India |
| Inter Smart Technologies Private Limited | ₹3.33 Cr (FY 2025) | •••• | •••• | 66.0% | •••• | Ernakulam, Kerala, India |
| Zujo Tech Private Limited | ₹3.33 Cr (FY 2025) | •••• | •••• | 188.0% | •••• | Surat, Gujarat, India |
| Binaryroots Private Limited this company | ₹3.33 Cr (FY 2024) | •••• | •••• | 26.0% | •••• | Pune, Maharashtra, India |
| Zetechno Products and Services Private Limited | ₹3.33 Cr (FY 2025) | •••• | •••• | 0.0% | •••• | Shaikpet, Telangana, India |
| Cigi Technologies Private Limited | ₹3.33 Cr (FY 2024) | •••• | •••• | 2367.0% | •••• | Bengaluru, Karnataka, India |
| Cete Software Private Limited | ₹3.33 Cr (FY 2025) | •••• | •••• | 15.0% | •••• | Mysore, Karnataka, India |
| Infokite Internet Private Limited | ₹3.33 Cr (FY 2016) | •••• | •••• | 24.0% | •••• | New Delhi, Delhi, India |
| Invarsys Consultancy Private Limited | ₹3.33 Cr (FY 2025) | •••• | •••• | 5486.0% | •••• | Indore, Madhya Pradesh, India |
Peers are the five companies nearest above and the five nearest below Binaryroots by revenue in the same principal business activity (Computer programming, consultancy and related activities), 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 Binaryroots Private Limited
Binaryroots Private Limited is audited by KARED & PANCHAL for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| KARED & PANCHAL | 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 Binaryroots Private Limited
Binaryroots has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Siddharth Bipinbhai Vaghasiya | Director | 14 Dec 2021 | 4 Years 9 Months | Current |
| Parth Nareshbhai Patel | Director | 14 Dec 2021 | 4 Years 9 Months | Current |
Ownership and Shareholding of Binaryroots 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 Binaryroots Private Limited
Binaryroots Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Binaryroots Private Limited
Binaryroots operates one associated brand: BinaryRoots. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| IT consulting services specializing in Microsoft 365, SharePoint, and Power Platform technologies. | binaryroots.com |
Employees and EPFO Compliance at Binaryroots Private Limited
Binaryroots Private Limited has a workforce of 0 employees as of Mar 23, 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 Binaryroots Private Limited
Binaryroots Private Limited has 2 board changes on record since 2021: 2 appointments. The latest: Parth Nareshbhai Patel was appointed as Director on 14 Dec 2021.
Credit Ratings, Litigation & Regulatory Alerts for Binaryroots 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 Binaryroots 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 Binaryroots 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 Binaryroots Private Limited
Binaryroots has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAKCB3788M1ZX | Maharashtra | Active | 03 Oct 2022 |
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 Binaryroots 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 Binaryroots Private Limited
Binaryroots is an active private limited company based in Pune, Maharashtra, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 14 December 2021 (5+ years old) and is registered under CIN U72900PN2021PTC206927.
Binaryroots reported revenue of ₹3.33 Cr for FY 2024 (up 26% YoY).
Binaryroots has 2 current directors:
- Siddharth Bipinbhai Vaghasiya - Director
- Parth Nareshbhai Patel - Director
Binaryroots reported a net profit of ₹60.98 Lakh (net margin 18.3%) and EBITDA of ₹94.55 Lakh (EBITDA margin 28.4%) for FY 2024, as per its filed financial statements.
The GSTIN of Binaryroots is 27AAKCB3788M1ZX, registered in Maharashtra.
The CIN (Corporate Identification Number) of Binaryroots is U72900PN2021PTC206927. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Binaryroots was incorporated on 14 December 2021, making it 5+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Binaryroots by revenue are Prowesolution Private Limited, Americloud Solutions (India) Private Limited, V4c Technologies Private Limited, Inter Smart Technologies Private Limited, Zujo Tech Private Limited and 5 more, all in the same principal business activity (Computer programming, consultancy and related activities).
Parth Nareshbhai Patel was appointed as Director on 14 Dec 2021. Siddharth Bipinbhai Vaghasiya was appointed as Director on 14 Dec 2021.
Yes, Binaryroots is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Binaryroots can be reached through the website binaryroots.com. Its registered office is in Pune, Maharashtra, India.