Binod Solutions Private Limited

Binod Solutions Private Limited - trading in Madhubani, Bihar, India. FY 2026 financials & compliance.
CIN U74999BR2016PTC032629 Incorporated 28 September 2016 ROC Patna HQ Madhubani, Bihar, India
Active Private Limited Company trading
Data last updated
Revenue · FY 2021
₹6.81 Lakh
▼ 52% YoY
Net profit · FY 2021
₹1.26 Lakh
Net margin 18.5%
EBITDA · FY 2021
₹1.64 Lakh
EBITDA margin 24.2%
Authorised capital
₹4 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
10 yrs
Est. 2016
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered

About Binod Solutions Private Limited

Data last updated:

Binod Solutions Private Limited is a private limited company based in Madhubani, Bihar, India. It operates in the wholesale distribution segment of the trading and commerce sector. It was incorporated on 28 September 2016 and has been in existence for over 10 years.

The company is registered with the Registrar of Companies (ROC), Patna, under CIN U74999BR2016PTC032629. Its GSTIN is 10AAGCB9037M1ZM (Bihar).

The company has an authorised share capital of ₹4 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Binod Traders Private Limited and Sunaina Binod Private Limited. It is led by directors Navin Kumar and Samir Kumar.

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 Ward No.17 Holding No.45A/138/219 Behind Runa Medical Hall Lane Suratganj, Madhubani, Bihar, India – 847211.

As per the financials filed for FY 2021, the company reported a revenue of ₹6.81 Lakh, a decline of 52% compared to the previous year. For the same year it recorded a net profit of ₹1.26 Lakh (net margin 18.5%) and EBITDA of ₹1.64 Lakh (EBITDA margin 24.2%). Revenue has declined at a compounded annual rate (CAGR) of 51% over three years.

Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.

The current compliance status is marked as compliant by the Registrar of Companies.

Company Details of Binod Solutions Private Limited
CIN U74999BR2016PTC032629
Registration Number 032629
Incorporation Date 28 September 2016
ROC Patna
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 November 2021
Date of Balance Sheet 31 March 2021
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    Locked
  • Social Media
    Locked
  • Registered Address
    Ward No.17 Holding No.45A/138/219 Behind Runa Medical Hall Lane Suratganj, Madhubani, Bihar, India – 847211
  • Industry
    Trading, Other Wholesale, Wholesale
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Financials, compliance, directors, charges, ownership and filings for Binod Solutions Private Limited in one report.

Financials from FY 2017 Directors & ownership Charges & compliance

Business Activity of Binod Solutions Private Limited

The main business activity of Binod Solutions is information and communication. In detail, this covers other information & communication service activities.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
JInformation and communicationJ8Other information & communication service activitiesLocked
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Business activity turnover details

Turnover share and past changes in activity are in the company report.

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  • Historical classifications
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Financials of Binod Solutions Private Limited FY 2021 filings available

Binod Solutions Private Limited reported revenue of ₹6.81 Lakh (down 52% YoY) for FY 2021.

Revenue · FY 2021
₹6.81 Lakh ▼ 52%
Net profit · FY 2021
₹1.26 Lakh margin 18.5%
EBITDA · FY 2021
₹1.64 Lakh margin 24.2%

Compounded Annual Growth Rate (CAGR) of Binod Solutions Private Limited

Revenue CAGR growth
1 year
▼ 52%
3 years · compounded
▼ 51%
EBITDA CAGR growth
1 year
▲ 106%
3 years · compounded
▲ 11%

Revenue has declined at a compounded annual rate (CAGR) of 51% over three years, including a 52% fall in the latest year. EBITDA rose 106% 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 Binod Solutions Private Limited

MetricsFY 2020-21FY 2019-20FY 2018-19FY 2017-18FY 2016-17
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₹1.64 Lakh••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)₹1.26 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 Binod Solutions Private Limited

MetricsFY 2020-21FY 2019-20FY 2018-19FY 2017-18FY 2016-17
Profitability
EBITDA Margin24.2%••••••••••••••••
Net Profit Margin18.5%••••••••••••••••
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 Binod Solutions are in the company report.

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Financial statements from FY 2017

Earlier years and trend charts are in the company report.

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Auditor Details of Binod Solutions Private Limited

Binod Solutions Private Limited is audited by Durga Krishnamurthy & Co. for the financial year 2017.

NameStatusAppointment DateCessation Date
Durga Krishnamurthy & Co.LockedLockedLocked
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Complete auditor history

Appointment and cessation dates and past auditor changes are in the company report.

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Board of Directors of Binod Solutions Private Limited

Binod Solutions has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Navin KumarDirector28 Sep 201610 Years 0 MonthsCurrent
Samir KumarDirector28 Sep 201610 Years 0 MonthsCurrent

Ownership and Shareholding of Binod Solutions Private Limited

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Charges & Borrowings of Binod Solutions Private Limited

Binod Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.

Employees and EPFO Compliance at Binod Solutions Private Limited

Employment history and EPFO contributions of people linked to Binod Solutions.

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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Name History of Binod Solutions Private Limited

Binod Solutions has undergone 3 name changes throughout its history. The company was previously known as Binod Traders Private Limited, Sunaina Binod Private Limited, and Binod Group Private Limited. The current legal name is Binod Solutions Private Limited.

Company NameStatus
Binod Solutions Private LimitedCurrent
Binod Traders Private LimitedPrevious
Sunaina Binod Private LimitedPrevious
Binod Group Private LimitedPrevious

Recent Activity on Binod Solutions Private Limited

Binod Solutions Private Limited has 3 board changes on record since 2016: 2 appointments and 1 cessation. The latest: Sanet Saurav ceased to be Director on 27 Jun 2018.

AGM
Binod Solutions Private Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.
Filing
Binod Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Patna.
Ceased
Sanet Saurav ceased to be Director.
Appointed
Navin Kumar was appointed as Director.
Appointed
Samir Kumar was appointed as Director.
Incorporation
28 Sep 2016
Binod Solutions Private Limited was registered on 28 Sep 2016 with Roc Patna & aged 10 years 9 days as per MCA records.

Credit Ratings, Litigation & Regulatory Alerts for Binod Solutions Private Limited

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Credit ratings, litigation, and regulatory alerts

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MSME Payment Delays by Binod Solutions Private Limited

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MSME payment history

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Subsidiaries & Group Companies of Binod Solutions Private Limited

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Corporate group structure

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GST Compliance of Binod Solutions Private Limited

Binod Solutions has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
10AAGCB9037M1ZMBiharActive01 Jul 2017
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GST registrations and filing compliance

State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.

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MCA Filings & Documents of Binod Solutions Private Limited

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MCA filings and documents

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Frequently Asked Questions about Binod Solutions Private Limited

Binod Solutions is an active private limited company based in Madhubani, Bihar, India. The company works in other wholesale, within the trading industry. It was incorporated on 28 September 2016 (10+ years old) and is registered under CIN U74999BR2016PTC032629.

Binod Solutions reported revenue of ₹6.81 Lakh for FY 2021 (down 52% YoY).

Binod Solutions has 2 current directors:

Binod Solutions reported a net profit of ₹1.26 Lakh (net margin 18.5%) and EBITDA of ₹1.64 Lakh (EBITDA margin 24.2%) for FY 2021, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of Binod Solutions is -51% over three years. In the latest year (FY 2021) revenue fell 52%. CAGR is the steady yearly rate that links the first and the last year.

The GSTIN of Binod Solutions is 10AAGCB9037M1ZM, registered in Bihar.

The CIN (Corporate Identification Number) of Binod Solutions is U74999BR2016PTC032629. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Binod Solutions has 1 court case on record: 1 filed against it. 1 is pending.

Binod Solutions was incorporated on 28 September 2016, making it 10+ years old. It is registered with the Registrar of Companies, Patna.

Sanet Saurav ceased to be Director on 27 Jun 2018. Navin Kumar was appointed as Director on 28 Sep 2016. Samir Kumar was appointed as Director on 28 Sep 2016.

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