About Bitbuffs Technologies Private Limited
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Bitbuffs Technologies Private Limited is a private limited company based in Vadodara, Gujarat, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 10 June 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72200GJ2016PTC092410. Its GSTIN is 24AAGCB7858J1ZA (Gujarat).
The company has an authorised share capital of ₹1.5 Lakh and a paid-up capital of ₹1.16 Lakh. It is led by directors Ashish Ramesh Durve and Jehul Prakshbhai Patel.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Vadodara, Gujarat.
As per the financials filed for FY 2023, the company reported a revenue of ₹99.14 Lakh, a decline of 40% compared to the previous year. For the same year it recorded a net loss of ₹16.96 Lakh (net margin -17.1%) and EBITDA of -₹15.21 Lakh (EBITDA margin -15.3%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 8% over five years.
The company has about 10 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Bitbuffs and Pulse Digital Clinic.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website bitbuffs.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address29 A Shrijidham Socy, Nr Deep Manjalpur, Vadodara, Gujarat, India – 390011
- 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
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Business Activity of Bitbuffs Technologies Private Limited
The main business activity of Bitbuffs Technologies is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. | 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 Bitbuffs Technologies Private Limited FY 2023 filings available
Bitbuffs Technologies Private Limited reported revenue of ₹99.14 Lakh (down 40% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Bitbuffs Technologies Private Limited
Revenue fell 40% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 8%. EBITDA fell 285% 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 Bitbuffs Technologies Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| 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 | -₹15.21 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹16.96 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 | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Bitbuffs Technologies Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -15.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -17.1% | •••• | •••• | •••• | •••• |
| 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 Bitbuffs Technologies are in the company report.
Financial statements from FY 2017
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 Bitbuffs Technologies Private Limited
Bitbuffs Technologies Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Publishing of computer operating systems, system software, application software, games, etc.). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Convivity Technology Private Limited | ₹99.29 Lakh (FY 2025) | •••• | •••• | 92.0% | •••• | Jagadhri, Haryana, India |
| Highesta Services Private Limited | ₹99.23 Lakh (FY 2024) | •••• | •••• | -5.0% | •••• | Bangalore, Karnataka, India |
| Triwave Solutions Private Limited | ₹99.18 Lakh (FY 2024) | •••• | •••• | 13.0% | •••• | Chennai, Tamil Nadu, India |
| Vvtya Technologies Private Limited | ₹99.17 Lakh (FY 2025) | •••• | •••• | -5.0% | •••• | Meerut, Uttar Pradesh, India |
| Complex Systems (India) Private Limited | ₹99.17 Lakh (FY 2017) | •••• | •••• | -14.0% | •••• | Hydrabad, Telangana, India |
| Bitbuffs Technologies Private Limited this company | ₹99.14 Lakh (FY 2023) | •••• | •••• | -40.0% | •••• | Vadodara, Gujarat, India |
| Click2k Commerce India Private Limited | ₹99.1 Lakh (FY 2025) | •••• | •••• | 153.0% | •••• | Hyderabad, Telangana, India |
| Loumus Data Systems Private Limited | ₹99.04 Lakh (FY 2024) | •••• | •••• | -28.0% | •••• | Noida, Uttar Pradesh, India |
| Lentera Technologies Private Limited | ₹98.96 Lakh (FY 2024) | •••• | •••• | -12.0% | •••• | Chennai, Tamil Nadu, India |
| H2k Info Systems Private Limited | ₹98.96 Lakh (FY 2024) | •••• | •••• | 3.0% | •••• | Hyderabad, Telangana, India |
| Mcyber Technologies and Services Private Limited | ₹98.93 Lakh (FY 2024) | •••• | •••• | -16.0% | •••• | Pune, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Bitbuffs Technologies 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. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Bitbuffs Technologies Private Limited
Bitbuffs Technologies Private Limited is audited by A S MERCHANT & CO for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| A S MERCHANT & 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 Bitbuffs Technologies Private Limited
Bitbuffs Technologies has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashish Ramesh Durve | Director | 21 Dec 2020 | 5 Years 9 Months | Current |
| Jehul Prakshbhai Patel | Director | 01 Jan 2019 | 7 Years 9 Months | Current |
Ownership and Shareholding of Bitbuffs Technologies 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 Bitbuffs Technologies Private Limited
Bitbuffs Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Bitbuffs Technologies Private Limited
Bitbuffs Technologies operates two associated brands: Bitbuffs and Pulse Digital Clinic. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides IT solutions including web development, mobile apps, and design services. | bitbuffs.com | |
| Provides practice management and EMR systems for healthcare providers. | pulsedigitalclinic.com |
Employees and EPFO Compliance at Bitbuffs Technologies Private Limited
Bitbuffs Technologies Private Limited has a workforce of 10 employees as of Apr 08, 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 Bitbuffs Technologies Private Limited
Bitbuffs Technologies Private Limited has 6 board changes on record since 2019: 2 appointments and 4 cessations. The latest: Hardik Hasmukhbhai Panchal ceased to be Director on 25 Apr 2022.
Credit Ratings, Litigation & Regulatory Alerts for Bitbuffs Technologies 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 Bitbuffs Technologies 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 Bitbuffs Technologies 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 Bitbuffs Technologies Private Limited
Bitbuffs Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAGCB7858J1ZA | Gujarat | Active | 20 Oct 2017 |
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 Bitbuffs Technologies 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 Bitbuffs Technologies Private Limited
Bitbuffs Technologies is an active private limited company based in Vadodara, Gujarat, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 10 June 2016 (10+ years old) and is registered under CIN U72200GJ2016PTC092410.
Bitbuffs Technologies reported revenue of ₹99.14 Lakh for FY 2023 (down 40% YoY).
Bitbuffs Technologies has 2 current directors:
- Ashish Ramesh Durve - Director
- Jehul Prakshbhai Patel - Director
Bitbuffs Technologies reported a net loss of ₹16.96 Lakh (net margin -17.1%) and EBITDA of -₹15.21 Lakh (EBITDA margin -15.3%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Bitbuffs Technologies is -8% over three years and 8% over five years. In the latest year (FY 2023) revenue fell 40%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Bitbuffs Technologies is 24AAGCB7858J1ZA, registered in Gujarat.
The CIN (Corporate Identification Number) of Bitbuffs Technologies is U72200GJ2016PTC092410. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bitbuffs Technologies was incorporated on 10 June 2016, making it 10+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Bitbuffs Technologies by revenue are Convivity Technology Private Limited, Highesta Services Private Limited, Triwave Solutions Private Limited, Vvtya Technologies Private Limited, Complex Systems (India) Private Limited and 5 more, all in the same principal business activity (Publishing of computer operating systems, system software, application software, games, etc.).
Hardik Hasmukhbhai Panchal ceased to be Director on 25 Apr 2022. Ashish Ramesh Durve was appointed as Director on 21 Dec 2020. Shruti Durve Ashish ceased to be Director on 20 Dec 2020. Bitbuffs Technologies has 6 board changes on record in total.
Bitbuffs Technologies can be reached through the website bitbuffs.com. Its registered office is in Vadodara, Gujarat, India.