About Bit Brothers Tech Private Limited
Data last updated:
Bit Brothers Tech Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 28 March 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72200MH2014PTC255142. Its GSTIN is 27AAFCB9000M1ZL (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Somini Thomaskutty and Sobin George Thomas.
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 A – 502 Shivling I C Colony Holy Cross Road Borivali West Near Vrishi Complex, Mumbai, Maharashtra, India – 400103.
As per the financials filed for FY 2024, the company reported a revenue of ₹51.9 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹67,004 (net margin 1.3%) and EBITDA of ₹10.48 Lakh (EBITDA margin 20.2%). Revenue has grown at a compounded annual rate (CAGR) of 96% over three years and 68% over five years.
The company is associated with 1 brand: Bit Brothers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website bitbrothers.in.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressA – 502 Shivling I C Colony Holy Cross Road Borivali West Near Vrishi Complex, Mumbai, Maharashtra, India – 400103
- IndustryInformation Technology, Software Development & 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
Associated Brands with Bit Brothers Tech Private Limited
Bit Brothers Tech operates one associated brand: Bit Brothers. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers web development, mobile apps, consulting, and maintenance services globally. | bitbrothers.in |
Competitors & Alternatives of Bit Brothers Tech Private Limited
Brands and companies operating in the same space as Bit Brothers Tech Private Limited include Hedgehog lab, AlmavivA, AKQA and 6 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
 Hedgehog lab | Mobile application development and UX design services are provided. | Newcastle Upon Tyne, United Kingdom | 2007 |
 AlmavivA | IT services suite solutions are provided globally by AlmavivA. | Rome, Italy | 2005 |
 AKQA | Integrated digital marketing campaigns are developed and executed across channels. | Riyadh, Saudi Arabia | 1994 |
 Fresche Solutions | IT services for application modernization and development are offered. | Montreal, Canada | 1976 |
 GlowTouch | Technology services are provided to mid-sized businesses across multiple regions. | Louisville, United States | 2002 |
 Hancom | Technology conglomerate spanning AI, blockchain, IoT, and mobility solutions. | Seongnam-si, South Korea | 1990 |
 Sierra Atlantic | Offshore enterprise application development and IT consulting services are provided. | Newark, United States | 1993 |
 Waracle | Mobile apps and IoT solutions are developed across platforms. | Dundee, United Kingdom | 2007 |
 Fixstars Corporation | Provider of software acceleration solutions and cloud services | Tokyo, Japan | 2002 |
Business Activity of Bit Brothers Tech Private Limited
The main business activity of Bit Brothers Tech is information and communication. In detail, this covers data processing, hosting and related activities; web portal.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J7 | Data processing, hosting and related activities; web portal | 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.
Auditor Details of Bit Brothers Tech Private Limited
Bit Brothers Tech Private Limited is audited by LUNAWAT & VYAS for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| LUNAWAT & VYAS | 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 Bit Brothers Tech Private Limited
Bit Brothers Tech 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 |
|---|---|---|---|---|
| Somini Thomaskutty | Director | 30 Sep 2024 | 2 Years 0 Months | Current |
| Sobin George Thomas | Director | 28 Mar 2014 | 12 Years 6 Months | Current |
Financials of Bit Brothers Tech Private Limited FY 2024 filings available
Bit Brothers Tech Private Limited reported revenue of ₹51.9 Lakh (up 179% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Bit Brothers Tech Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 68% over five years, including 179% growth 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 Bit Brothers Tech 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 | ₹10.48 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹67,004 | •••• | •••• | •••• | •••• |
| 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 Bit Brothers Tech Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 20.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.3% | •••• | •••• | •••• | •••• |
| 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 Bit Brothers Tech 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.
Ownership and Shareholding of Bit Brothers Tech 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 Bit Brothers Tech Private Limited
Bit Brothers Tech Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Bit Brothers Tech Private Limited
Employment history and EPFO contributions of people linked to Bit Brothers Tech.
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.
GST Compliance of Bit Brothers Tech Private Limited
Bit Brothers Tech has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCB9000M1ZL | Maharashtra | Active | 17 Jan 2018 |
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.
Credit Ratings, Litigation & Regulatory Alerts for Bit Brothers Tech 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 Bit Brothers Tech 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 Bit Brothers Tech 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.
MCA Filings & Documents of Bit Brothers Tech 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.
Recent Activity on Bit Brothers Tech Private Limited
Frequently Asked Questions about Bit Brothers Tech Private Limited
Bit Brothers Tech is an active private limited company based in Mumbai, Maharashtra, India. The company works in software development and support services, within the information technology industry. It was incorporated on 28 March 2014 (12+ years old) and is registered under CIN U72200MH2014PTC255142.
Bit Brothers Tech reported revenue of ₹51.9 Lakh for FY 2024 (up 179% YoY).
Bit Brothers Tech has 2 current directors:
- Somini Thomaskutty - Director
- Sobin George Thomas - Director
Bit Brothers Tech reported a net profit of ₹67,004 (net margin 1.3%) and EBITDA of ₹10.48 Lakh (EBITDA margin 20.2%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Bit Brothers Tech is 96% over three years and 68% over five years. In the latest year (FY 2024) revenue rose 179%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Bit Brothers Tech is 27AAFCB9000M1ZL, registered in Maharashtra.
The CIN (Corporate Identification Number) of Bit Brothers Tech is U72200MH2014PTC255142. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bit Brothers Tech was incorporated on 28 March 2014, making it 12+ years old. It is registered with the Registrar of Companies, Mumbai.
Bit Brothers Tech can be reached through the website bitbrothers.in. Its registered office is in Mumbai, Maharashtra, India.