Bitsource Solutions Private Limited
About Bitsource Solutions Private Limited
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Bitsource Solutions Private Limited is a private limited company based in Jodhpur, Rajasthan, India. It operates in the railway equipment and supply segment of the transport and logistics sector. It was incorporated on 28 November 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U29253RJ2013PTC044412. Its GSTIN is 08AAFCB7277A1ZR (Rajasthan).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Sachin Parihar and Madhu Parihar.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Flat No. 2 – C 2nd Floor Royal Residency Apartment 11 Surya Colony Residency Road, Jodhpur, Rajasthan, India – 342001.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.79 Cr, a growth of 143% compared to the previous year. For the same year it recorded a net profit of ₹2.1 Lakh (net margin 1.2%) and EBITDA of ₹6.45 Lakh (EBITDA margin 3.6%). Revenue has grown at a compounded annual rate (CAGR) of 120% over three years and 60% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressFlat No. 2 – C 2nd Floor Royal Residency Apartment 11 Surya Colony Residency Road, Jodhpur, Rajasthan, India – 342001
- IndustryTransport and Logistics, Railway Equipment & Supply
- 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 Bitsource Solutions Private Limited
The main business activity of Bitsource Solutions 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 Bitsource Solutions Private Limited FY 2025 filings available
Bitsource Solutions Private Limited reported revenue of ₹1.79 Cr (up 143% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Bitsource Solutions Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 60% over five years, including 143% growth in the latest year. EBITDA rose 41% 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 Bitsource Solutions 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 | ₹6.45 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2.1 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 Bitsource Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.2% | •••• | •••• | •••• | •••• |
| 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 Bitsource Solutions 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 Bitsource Solutions Private Limited
Bitsource Solutions Private Limited is compared with the companies closest to it by revenue in the Transport and Logistics industry (Railway Equipment and Products). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sculfort India Private Limited | ₹1.95 Cr (FY 2020) | •••• | •••• | 154.0% | •••• | New Delhi, Delhi, India |
| Richa Consultants Private Limited | ₹1.94 Cr (FY 2025) | •••• | •••• | 9451.0% | •••• | New Delhi, Delhi, India |
| Howrah United Engineers & Co. Pvt Ltd | ₹1.87 Cr (FY 2024) | •••• | •••• | 11.0% | •••• | Howrah, West Bengal, India |
| Miamo Industries Private Limited | ₹1.82 Cr (FY 2024) | •••• | •••• | 21.0% | •••• | Delhi, India |
| Phoenix Air Conditioning Company Pvt Ltd | ₹1.79 Cr (FY 2023) | •••• | •••• | 14.0% | •••• | West Bengal, India |
| Bitsource Solutions Private Limited this company | ₹1.79 Cr (FY 2024) | •••• | •••• | 143.0% | •••• | Jodhpur, Rajasthan, India |
| MCML Systems Private Limited | ₹1.77 Cr (FY 2020) | •••• | •••• | -77.0% | •••• | Bangalore, Karnataka, India |
| RR Dudhani Polytech Private Limited | ₹1.73 Cr (FY 2025) | •••• | •••• | 49.0% | •••• | Jaipur, Rajasthan, India |
| Lab to Market Innovations Private Limited | ₹1.72 Cr (FY 2024) | •••• | •••• | -20.0% | •••• | Bangalore, Karnataka, India |
| Rawats International Pvt Ltd | ₹1.65 Cr (FY 2025) | •••• | •••• | 76.0% | •••• | Liluah, West Bengal, India |
| Electrostar Railcon Technologies Private Limited | ₹1.61 Cr (FY 2025) | •••• | •••• | -58.0% | •••• | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Bitsource Solutions by revenue in the Transport and Logistics industry (Railway Equipment and Products), 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 Bitsource Solutions Private Limited
Bitsource Solutions Private Limited is audited by M. L. Ranga & Co. for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| M. L. Ranga & 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 Bitsource Solutions Private Limited
Bitsource Solutions has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sachin Parihar | Director | 28 Nov 2013 | 12 Years 10 Months | Current |
| Madhu Parihar | Director | 30 May 2020 | 6 Years 4 Months | Current |
| Shubh Parihar | Director | 22 Apr 2025 | 1 Years 5 Months | Current |
| Araj Parihar | Director | 23 Aug 2025 | 1 Years 1 Months | Current |
Ownership and Shareholding of Bitsource Solutions 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 Bitsource Solutions Private Limited
Bitsource Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Bitsource Solutions Private Limited
Employment history and EPFO contributions of people linked to Bitsource Solutions.
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.
CIN History of Bitsource Solutions Private Limited
Bitsource Solutions has one previous CIN (Corporate Identification Number): U72900RJ2013PTC044412. The current CIN is U29253RJ2013PTC044412, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U29253RJ2013PTC044412 | Current |
| U72900RJ2013PTC044412 | Previous |
Recent Activity on Bitsource Solutions Private Limited
Bitsource Solutions Private Limited has 6 board changes on record since 2013: 4 appointments and 2 cessations. The latest: Araj Parihar was appointed as Director on 23 Aug 2025.
Credit Ratings, Litigation & Regulatory Alerts for Bitsource Solutions 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 Bitsource Solutions 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 Bitsource Solutions 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 Bitsource Solutions Private Limited
Bitsource Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AAFCB7277A1ZR | Rajasthan | Active | 01 Jul 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 Bitsource Solutions 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 Bitsource Solutions Private Limited
Bitsource Solutions is an active private limited company based in Jodhpur, Rajasthan, India. The company works in railway equipment and supply, within the transport and logistics industry. It was incorporated on 28 November 2013 (13+ years old) and is registered under CIN U29253RJ2013PTC044412.
Bitsource Solutions reported revenue of ₹1.79 Cr for FY 2024 (up 143% YoY).
Bitsource Solutions has 4 current directors:
- Sachin Parihar - Director
- Madhu Parihar - Director
- Shubh Parihar - Director
- Araj Parihar - Director
Bitsource Solutions reported a net profit of ₹2.1 Lakh (net margin 1.2%) and EBITDA of ₹6.45 Lakh (EBITDA margin 3.6%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Bitsource Solutions is 120% over three years and 60% over five years. In the latest year (FY 2024) revenue rose 143%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Bitsource Solutions is 08AAFCB7277A1ZR, registered in Rajasthan.
The CIN (Corporate Identification Number) of Bitsource Solutions is U29253RJ2013PTC044412. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bitsource Solutions was incorporated on 28 November 2013, making it 13+ years old. It is registered with the Registrar of Companies, Jaipur.
The peers of Bitsource Solutions by revenue are Sculfort India Private Limited, Richa Consultants Private Limited, Howrah United Engineers & Co. Pvt Ltd, Miamo Industries Private Limited, Phoenix Air Conditioning Company Pvt Ltd and 5 more, all in the Transport and Logistics industry (Railway Equipment and Products).
Araj Parihar was appointed as Director on 23 Aug 2025. Shubh Parihar was appointed as Director on 22 Apr 2025. Madhu Parihar ceased to be Additional Director on 31 Dec 2020. Bitsource Solutions has 6 board changes on record in total.
The registered office of Bitsource Solutions is at Flat No. 2 – C 2nd Floor Royal Residency Apartment 11 Surya Colony Residency Road, Jodhpur, Rajasthan, India – 342001.