MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2023-24)
- Udyam number
- UDYAM-KR-03-0154848
Binarys Data Source (India) Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2020
₹1.85 Lakh
▼ 44% YoY
Net loss · FY 2020
₹17.11 Lakh
Latest filing
EBITDA · FY 2020
-₹10.65 Lakh
Latest filing
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Open charges
₹61 Lakh
Secured borrowings
Company age
19 yrs
Est. 2007
Directors on board
2
As per MCA filings
About Binarys Data Source (India) Private Limited
Data last updated:
Binarys Data Source (India) Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 11 April 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2007PTC042450. Its GSTIN is 29AADCB4331M2ZI (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Ganesh Rao Elamati and Nandini Ganesh Elamati.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at No 4/35 Ambika Plaza Dr. Raj Kumar Road 4th N Block Rajajinagar, Bangalore, Karnataka, India – 560010.
As per the financials filed for FY 2020, the company reported a revenue of ₹1.85 Lakh, a decline of 44% compared to the previous year. For the same year it recorded a net loss of ₹17.11 Lakh and EBITDA of -₹10.65 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 51% over three years and 56% over five years.
The company is associated with 1 brand: Binarys. As per MCA filings, the company has open charges of ₹61 Lakh on record.
Binarys Data Source (India) Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0154848). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website binarys.co.
Company details
CIN U72200KA2007PTC042450
Registration Number 042450
Incorporation Date 11 April 2007
ROC Bangalore
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0154848
Recognitions & Rankings of Binarys Data Source (India)
Contact details
Binarys Data Source (India) Private Limited's registered office is in Bangalore, Karnataka. Its website is binarys.co. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo 4/35 Ambika Plaza Dr. Raj Kumar Road 4th N Block Rajajinagar, Bangalore, Karnataka, India – 560010
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Binarys Data Source (India) Private Limited, buy the company report.
Comprehensive company report
Binarys Data Source (India) Private Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Binarys Data Source (India) operates one associated brand: Binarys. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides software development, IT consulting, and related services. | binarys.co |
Business activity
The main business activity of Binarys Data Source (India) is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. |
To see the full business activity and turnover split of Binarys Data Source (India) Private Limited, buy the company report.
Financials of Binarys Data Source (India) Private Limited
FY 2021 filings availableBinarys Data Source (India) Private Limited reported revenue of ₹1.85 Lakh (down 44% YoY) for FY 2020.
Revenue · FY 2020
₹1.85 Lakh ▼ 44%
Net loss · FY 2020
₹17.11 Lakh
EBITDA · FY 2020
-₹10.65 Lakh
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 44%
3 years · compounded
▼ 51%
5 years · compounded
▼ 56%
EBITDA CAGR growth
1 year
▼ 5%
3 years · compounded
▼ 50%
5 years · compounded
▼ 17%
Revenue has declined at a compounded annual rate (CAGR) of 56% over five years, including a 44% fall in the latest year. EBITDA fell 5% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹1.85 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹10.65 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹17.11 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
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | |||||
| Net Profit Margin | |||||
| 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 Binarys Data Source (India) Private Limited, buy the company report.
Board of directors of Binarys Data Source (India) Private Limited
Binarys Data Source (India) has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ganesh Rao Elamati Also directs: Genbharath Pharma Private Limited | Director | 16 Jan 2020 | 6 Years 9 Months | Current |
| Nandini Ganesh Elamati | Director | 15 Jun 2020 | 6 Years 4 Months | Current |
Peer comparison
Binarys Data Source (India) Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Otofy Solutions Private Limited | ₹1.86 Lakh (FY 2024) | Noida, Uttar Pradesh, India | ||||
| Vee.Toh India (OPC) Private Limited | ₹1.86 Lakh (FY 2025) | -66.0% | Chennai, Tamil Nadu, India | |||
| Gayatri Web Solutions Private Limited | ₹1.85 Lakh (FY 2018) | -53.0% | Delhi, India | |||
| Impresca Infotech (OPC) Private Limited | ₹1.85 Lakh (FY 2024) | Bijnor, Uttar Pradesh, India | ||||
| Techno Evident Private Limited | ₹1.85 Lakh (FY 2023) | 2213.0% | Hyderabad, Telangana, India | |||
| Binarys Data Source (India) Private Limitedthis company | ₹1.85 Lakh (FY 2020) | -₹17.11 Lakh | -44.0% | Bangalore, Karnataka, India | ||
| Securityhut Private Limited | ₹1.85 Lakh (FY 2024) | -79.0% | Kothapet, Telangana, India | |||
| Brandscoots Media (OPC) Private Limited | ₹1.84 Lakh (FY 2019) | Mysore, Karnataka, India | ||||
| Veta Software Solutions Private Limited | ₹1.84 Lakh (FY 2020) | Kolkata, West Bengal, India | ||||
| Xtreme Infosoft Private Limited | ₹1.83 Lakh (FY 2015) | 18.0% | Alwar, Rajasthan, India | |||
| Great Thar Information Services Private Limited | ₹1.83 Lakh (FY 2021) | 55.0% | Jaipur, Rajasthan, India |
To see the full peer comparison of Binarys Data Source (India) Private Limited, buy the company report.
Auditor
Binarys Data Source (India) Private Limited is audited by K P M S & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K P M S & ASSOCIATES | FY 2020 | 012090S |
Shareholding
The shareholding of Binarys Data Source (India) Private Limited is on record for 2 financial years, the latest being FY 2020, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Binarys Data Source (India) Private Limited, buy the company report.
Charges & borrowings
Open charges
₹61 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Dec 2013 | 10468085 | Central Bank of India | ₹61 Lakh | Open |
To see the full charge records of Binarys Data Source (India) Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Binarys Data Source (India) Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Binarys Data Source (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Binarys Data Source (India) has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCB4331M2ZI | Karnataka | Active | 07 Sep 2017 |
To see the full GST registrations and return filing status of Binarys Data Source (India) Private Limited, buy the company report.
Recent activity
Binarys Data Source (India) Private Limited has 6 board changes on record since 2013: 2 appointments and 4 cessations. The latest: Arun Shastry ceased to be Managing Director on 28 Jun 2021.
AGM
Binarys Data Source (India) Private Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.
Ceased
Arun Shastry ceased to be Managing Director.
Ceased
Munivenkatappa Ramachandramurthy ceased to be Additional Director.
Filing
Binarys Data Source (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Bangalore.
Appointed
Nandini Ganesh Elamati was appointed as Director.
Appointed
Ganesh Rao Elamati was appointed as Director.
Ceased
Puttabasavaiah ceased to be Director.
Charges
A charge with Central Bank Of India of Rs. 61.00 Lakh registered on 02 Dec 2013 with Charge ID 10468085 was modified on 29 May 2015.
Charges
A charge with Central Bank Of India amounted to Rs. 61.00 Lakh with Charge ID 10468085 was registered on 02 Dec 2013.
Ceased
Renuka Mukanayakanakote Chandrashekaraiah ceased to be Director.
Incorporation
11 Apr 2007
Binarys Data Source (India) Private Limited was registered on 11 Apr 2007 with Roc Bangalore & aged 19 years 7 months as per MCA records.
Frequently asked questions
Binarys Data Source (India) is an active private limited company based in Bangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 11 April 2007 (19+ years old) and is registered under CIN U72200KA2007PTC042450.
Binarys Data Source (India) has 2 current directors:
- Ganesh Rao Elamati - Director
- Nandini Ganesh Elamati - Director
The latest financial statements of Binarys Data Source (India) on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
The GSTIN of Binarys Data Source (India) is 29AADCB4331M2ZI, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Binarys Data Source (India) is U72200KA2007PTC042450. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Binarys Data Source (India) was incorporated on 11 April 2007, making it 19+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Binarys Data Source (India) by revenue are Otofy Solutions Private Limited, Vee.Toh India (OPC) Private Limited, Gayatri Web Solutions Private Limited, Impresca Infotech (OPC) Private Limited, Techno Evident Private Limited and 5 more, all in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.).
Arun Shastry ceased to be Managing Director on 28 Jun 2021. Munivenkatappa Ramachandramurthy ceased to be Additional Director on 28 Jun 2021. Nandini Ganesh Elamati was appointed as Director on 15 Jun 2020. Binarys Data Source (India) has 6 board changes on record in total.
Yes, Binarys Data Source (India) is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0154848).
Binarys Data Source (India) can be reached through the website binarys.co. Its registered office is in Bangalore, Karnataka, India.
The registered office of Binarys Data Source (India) is at No 435 Ambika Plaza Dr. Raj Kumar Road 4th N Block Rajajinagar, Bangalore, Karnataka, India – 560010.
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