About Bitline Technologies Private Limited
Data last updated:
Bitline Technologies Private Limited is a private limited company based in Udupi, Karnataka, India, recognised as a startup by DPIIT. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 03 October 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2017PTC106863. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹4.9 Lakh and a paid-up capital of ₹4.9 Lakh. It is led by directors including Rizwan and Rounak Fakeer Mohammed.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at 5 – 3 – 49B Sumukha Opposite Shri Sharadamba Temple Chitpady, Udupi, Karnataka, India – 576101.
As per the financials filed for FY 2019, the company reported a revenue of ₹54.32 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹15.22 Lakh (net margin -28%) and EBITDA of -₹14.8 Lakh (EBITDA margin -27.2%).
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website bitline.co.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address5 – 3 – 49B Sumukha Opposite Shri Sharadamba Temple Chitpady, Udupi, Karnataka, India – 576101
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
- 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
Business Activity of Bitline Technologies Private Limited
The main business activity of Bitline Technologies is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | 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 Bitline Technologies Private Limited FY 2020 filings available
Bitline Technologies Private Limited reported revenue of ₹54.32 Lakh (up 353% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR) of Bitline Technologies Private Limited
Revenue rose 353% in the latest year. EBITDA fell 41% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Bitline Technologies Private Limited
| Metrics | FY 2018-19 | FY 2017-18 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | •••• | •••• |
| Other Income | •••• | •••• |
| Total Revenue | ₹54.32 Lakh | •••• |
| Cost of Materials Consumed | •••• | •••• |
| Employee Benefit Expense | •••• | •••• |
| Finance Costs | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• |
| Other Expenses | •••• | •••• |
| Total Expenses | •••• | •••• |
| EBITDA | -₹14.8 Lakh | •••• |
| Profit Before Tax | •••• | •••• |
| Tax Expense | •••• | •••• |
| Net Profit (PAT) | -₹15.22 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 Bitline Technologies Private Limited
| Metrics | FY 2018-19 | FY 2017-18 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -27.2% | •••• |
| Net Profit Margin | -28% | •••• |
| 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 Bitline Technologies are in the company report.
Financial statements from FY 2018
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 Bitline Technologies Private Limited
Bitline Technologies Private Limited is compared with the companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Retail and Distribution). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Tag Computek Private Limited. | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Emmsons International Limited Listed | •••• | •••• | •••• | •••• | - | Delhi, India |
| Nexus System Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Hanvika Projects (OPC) Private Limited | •••• | •••• | •••• | •••• | - | Secundrabad, Telangana, India |
| Voltamere Cognitech Private Limited | •••• | •••• | •••• | •••• | - | Jodhpur, Rajasthan, India |
| Bitline Technologies Private Limited this company | •••• | •••• | •••• | •••• | - | Udupi, Karnataka, India |
| Divyansh Exim Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Taspro Services India Private Limited | •••• | •••• | •••• | •••• | - | Raipur, Chattisgarh, India |
| Sri Kalyani Home Appliances Private Limited | •••• | •••• | •••• | •••• | - | Hyderabad, Telangana, India |
| Brisk Electro Components Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Pamosa Trade India Private Limited | •••• | •••• | •••• | •••• | - | Pune, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Bitline Technologies by revenue in the Consumer Durables industry (Electronic Appliances Retail and Distribution), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Board of Directors of Bitline Technologies Private Limited
Bitline Technologies has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rizwan | Director | 03 Oct 2017 | 9 Years 0 Months | Current |
| Rounak Fakeer Mohammed | Director | 03 Oct 2017 | 9 Years 0 Months | Current |
| Zthonse Sheik Nayaz | Director | 02 Nov 2019 | 6 Years 11 Months | Current |
| Vinaya Rao | Director | 03 Oct 2017 | 9 Years 0 Months | Current |
Ownership and Shareholding of Bitline 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 Bitline Technologies Private Limited
Bitline Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Bitline Technologies Private Limited
Employment history and EPFO contributions of people linked to Bitline Technologies.
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 Bitline Technologies Private Limited
Bitline Technologies Private Limited has 4 board changes on record since 2017: 4 appointments. The latest: Zthonse Sheik Nayaz was appointed as Director on 02 Nov 2019.
Credit Ratings, Litigation & Regulatory Alerts for Bitline 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 Bitline 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 Bitline 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 Bitline Technologies Private Limited
Bitline Technologies has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
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 Bitline 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 Bitline Technologies Private Limited
Bitline Technologies is an active private limited company based in Udupi, Karnataka, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 03 October 2017 (9+ years old) and is registered under CIN U74999KA2017PTC106863.
Bitline Technologies reported revenue of ₹54.32 Lakh for FY 2019 (up 353% YoY).
Bitline Technologies has 4 current directors:
- Rizwan - Director
- Rounak Fakeer Mohammed - Director
- Zthonse Sheik Nayaz - Director
- Vinaya Rao - Director
Bitline Technologies reported a net loss of ₹15.22 Lakh (net margin -28%) and EBITDA of -₹14.8 Lakh (EBITDA margin -27.2%) for FY 2019, as per its filed financial statements.
No. Bitline Technologies has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Bitline Technologies is U74999KA2017PTC106863. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bitline Technologies was incorporated on 03 October 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Bitline Technologies by revenue are Tag Computek Private Limited, Emmsons International Limited, Nexus System Private Limited, Hanvika Projects (OPC) Private Limited, Voltamere Cognitech Private Limited and 5 more, all in the Consumer Durables industry (Electronic Appliances Retail and Distribution).
Zthonse Sheik Nayaz was appointed as Director on 02 Nov 2019. Rizwan was appointed as Director on 03 Oct 2017. Rounak Fakeer Mohammed was appointed as Director on 03 Oct 2017. Bitline Technologies has 4 board changes on record in total.
Yes, Bitline Technologies is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Bitline Technologies can be reached through the website bitline.co.in. Its registered office is in Udupi, Karnataka, India.