About Binix Electrosystems Private Limited
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Binix Electrosystems Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 02 January 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U31200PN2002PTC016643.
The company has an authorised share capital of ₹3 Lakh and a paid-up capital of ₹3 Lakh. It is led by directors Swati Laxmikant Bind and Laxmikant Vijayrao Bind.
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 Block No A – 1 Mangalmurti Complex – 1 S. No. 117/A/2 Sinhgadh Road, Pune, Maharashtra, India – 411030.
As per the financials filed for FY 2024, the company reported a revenue of ₹34.66 Lakh, a decline of 55% compared to the previous year. For the same year it recorded a net loss of ₹8.05 Lakh (net margin -23.2%) and EBITDA of -₹6.71 Lakh (EBITDA margin -19.4%). Revenue has declined at a compounded annual rate (CAGR) of 14% over three years and 26% over five years.
The company has about 3 employees on its provident fund (EPFO) records.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website binixindia.com.
- EmailLocked
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- Website
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- Registered AddressBlock No A – 1 Mangalmurti Complex – 1 S. No. 117/A/2 Sinhgadh Road, Pune, Maharashtra, India – 411030
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
- 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
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Business Activity of Binix Electrosystems Private Limited
The main business activity of Binix Electrosystems is manufacturing. In detail, this covers computer, electronic, communication and scientific measuring & control equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C9 | Computer, electronic, Communication and scientific measuring & control equipment | 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 Binix Electrosystems Private Limited FY 2024 filings available
Binix Electrosystems Private Limited reported revenue of ₹34.66 Lakh (down 55% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Binix Electrosystems Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 26% over five years, including a 55% fall in the latest year. EBITDA fell 13% 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 Binix Electrosystems Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | -₹6.71 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹8.05 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 Binix Electrosystems Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -19.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -23.2% | •••• | •••• | •••• | •••• |
| 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 Binix Electrosystems 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.
Peer Comparison of Binix Electrosystems Private Limited
Binix Electrosystems Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Electronic Appliances Manufacturing, Musical Instruments). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ojaskar Solutions India Private Limited | ₹34.76 Lakh (FY 2022) | •••• | •••• | -21.0% | •••• | Gurgaon, Haryana, India |
| Heliac Energy Private Limited | ₹34.75 Lakh (FY 2022) | •••• | •••• | 24.0% | •••• | Pune, Maharashtra, India |
| Oranje Kracht Private Limited | ₹34.74 Lakh (FY 2025) | •••• | •••• | -93.0% | •••• | Thanewest, Maharashtra, India |
| Equator Appliances India Private Limited | ₹34.7 Lakh (FY 2025) | •••• | •••• | -37.0% | •••• | Pune, Maharashtra, India |
| Gelivi Renewable Energies Private Limited | ₹34.69 Lakh (FY 2016) | •••• | •••• | 445.0% | •••• | Hyderabad, Telangana, India |
| Binix Electrosystems Private Limited this company | ₹34.66 Lakh (FY 2024) | •••• | •••• | -55.0% | •••• | Pune, Maharashtra, India |
| Mangalvani Exports Private Limited | ₹34.53 Lakh (FY 2025) | •••• | •••• | 46.0% | •••• | Kolkata, West Bengal, India |
| Cogent International Private Limited | ₹34.46 Lakh (FY 2016) | •••• | •••• | -30.0% | •••• | Indore, Madhya Pradesh, India |
| Sudhan India Lighting Private Limited | ₹34.29 Lakh (FY 2024) | •••• | •••• | 145.0% | •••• | Faridabad, Haryana, India |
| Shenoy Studio Lighting Systems Private Limited | ₹34.13 Lakh (FY 2024) | •••• | •••• | 250.0% | •••• | Thane, Maharashtra, India |
| Cromatic Computers Private Limited | ₹34.09 Lakh (FY 2019) | •••• | •••• | 731.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Binix Electrosystems by revenue in the Manufacturing industry (Electronic Appliances Manufacturing, Musical Instruments), 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 Binix Electrosystems Private Limited
Binix Electrosystems Private Limited is audited by R H MIRASDAR & CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| R H MIRASDAR & CO | 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 Binix Electrosystems Private Limited
Binix Electrosystems has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Swati Laxmikant Bind | Director | 02 Jan 2002 | 24 Years 9 Months | Current |
| Laxmikant Vijayrao Bind | Director | 02 Jan 2002 | 24 Years 9 Months | Current |
Ownership and Shareholding of Binix Electrosystems 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 Binix Electrosystems Private Limited
Binix Electrosystems Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Binix Electrosystems Private Limited
Binix Electrosystems Private Limited has a workforce of 3 employees as of Apr 04, 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 Binix Electrosystems Private Limited
Binix Electrosystems Private Limited has 4 board changes on record since 2002: 2 appointments and 2 cessations. The latest: Sunanda Vijay Bind ceased to be Director on 27 Apr 2021.
Credit Ratings, Litigation & Regulatory Alerts for Binix Electrosystems 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 Binix Electrosystems 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 Binix Electrosystems 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 Binix Electrosystems Private Limited
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 Binix Electrosystems 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 Binix Electrosystems Private Limited
Binix Electrosystems is an active private limited company based in Pune, Maharashtra, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 02 January 2002 (24+ years old) and is registered under CIN U31200PN2002PTC016643.
Binix Electrosystems reported revenue of ₹34.66 Lakh for FY 2024 (down 55% YoY).
Binix Electrosystems has 2 current directors:
- Swati Laxmikant Bind - Director
- Laxmikant Vijayrao Bind - Director
Binix Electrosystems reported a net loss of ₹8.05 Lakh (net margin -23.2%) and EBITDA of -₹6.71 Lakh (EBITDA margin -19.4%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Binix Electrosystems is -14% over three years and -26% over five years. In the latest year (FY 2024) revenue fell 55%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Binix Electrosystems is U31200PN2002PTC016643. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Binix Electrosystems was incorporated on 02 January 2002, making it 24+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Binix Electrosystems by revenue are Ojaskar Solutions India Private Limited, Heliac Energy Private Limited, Oranje Kracht Private Limited, Equator Appliances India Private Limited, Gelivi Renewable Energies Private Limited and 5 more, all in the Manufacturing industry (Electronic Appliances Manufacturing, Musical Instruments).
Sunanda Vijay Bind ceased to be Director on 27 Apr 2021. Vijay Wasudeo Bind ceased to be Director on 27 Apr 2021. Laxmikant Vijayrao Bind was appointed as Director on 02 Jan 2002. Binix Electrosystems has 4 board changes on record in total.
Binix Electrosystems can be reached through the website binixindia.com. Its registered office is in Pune, Maharashtra, India.
The registered office of Binix Electrosystems is at Block No A – 1 Mangalmurti Complex – 1 S. No. 117A2 Sinhgadh Road, Pune, Maharashtra, India – 411030.