MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0153960
Bna Flexinet Systems Limited
Bna Flexinet Systems Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹9.29 Cr
▼ 13% YoY
Net profit · FY 2025
₹12.74 Lakh
Net margin 1.4%
EBITDA · FY 2025
₹36.91 Lakh
EBITDA margin 4%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Open charges
₹2.33 Cr
Secured borrowings
Company age
32 yrs
Est. 1994
Employees · EPFO
32
Provident fund records
About Bna Flexinet Systems Limited
Data last updated:
Bna Flexinet Systems Limited is a public limited company based in Bangalore, Karnataka, India. It operates in the web design and maintenance services segment of the technology and IT services sector. It was incorporated on 06 September 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U85110KA1994PLC016192. Its GSTIN is 29AAACB6062C1ZZ (Karnataka).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Sudha Ranganathen and Ranganathan Iyer Venkitachalam.
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 146 Shantala Plaza14Th Cross 8th Main Malleswaram, Bangalore, Karnataka, India – 560003.
As per the financials filed for FY 2025, the company reported a revenue of ₹9.29 Cr, a decline of 13% compared to the previous year. For the same year it recorded a net profit of ₹12.74 Lakh (net margin 1.4%) and EBITDA of ₹36.91 Lakh (EBITDA margin 4%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 37% over five years.
The company has about 32 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹2.33 Cr on record. Court records list 2 cases involving the company, including 2 filed against it.
Bna Flexinet Systems Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0153960). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U85110KA1994PLC016192
Registration Number 016192
Incorporation Date 06 September 1994
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-03-0153960
CIN history
Bna Flexinet Systems has one previous CIN (Corporate Identification Number): U31100KA1994PLC016192. The current CIN is U85110KA1994PLC016192, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U85110KA1994PLC016192 | Current |
| U31100KA1994PLC016192 | Previous |
Key People
Sudha Ranganathen Director Ranganathan Iyer Venkitachalam Director Raghunatha Babu Moturu Director Recognitions & Rankings of Bna Flexinet Systems
Contact details
Bna Flexinet Systems Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address146 Shantala Plaza14Th Cross 8th Main Malleswaram, Bangalore, Karnataka, India – 560003
- IndustryInformation Technology, Web Design & Maintenance Services
To see the full contact details of Bna Flexinet Systems Limited, buy the company report.
Comprehensive company report
Bna Flexinet Systems Limited - one report that includes everything
- 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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Secure checkout · GST invoice included
Business activity
The main business activities of Bna Flexinet Systems are trade and information and communication. In detail, this covers wholesale trading and other information & communication service activities. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | |
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Bna Flexinet Systems Limited, buy the company report.
Financials of Bna Flexinet Systems Limited
FY 2025 filings availableBna Flexinet Systems Limited reported revenue of ₹9.29 Cr (down 13% YoY) for FY 2025.
Revenue · FY 2025
₹9.29 Cr ▼ 13%
Net profit · FY 2025
₹12.74 Lakh margin 1.4%
EBITDA · FY 2025
₹36.91 Lakh margin 4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 13%
3 years · compounded
▼ 6%
5 years · compounded
▲ 37%
EBITDA CAGR growth
1 year
▲ 36%
3 years · compounded
▼ 29%
5 years · compounded
▲ 71%
Revenue fell 13% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 37%. EBITDA rose 36% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Total Expenses | |||||
| EBITDA | ₹36.91 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹12.74 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4% | ||||
| Net Profit Margin | 1.4% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Bna Flexinet Systems Limited, buy the company report.
Board of directors of Bna Flexinet Systems Limited
Bna Flexinet Systems has 4 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sudha Ranganathen | Director | 10 Sep 2018 | 8 Years 1 Months | Current |
| Ranganathan Iyer Venkitachalam | Director | 06 Sep 1994 | 32 Years 1 Months | Current |
| Raghunatha Babu Moturu Also directs: Bna Technology Consulting Limited | Director | 02 Jun 2008 | 18 Years 4 Months | Current |
| Thyadath Chandramohan Pathikkal Also directs: Bna Technology Consulting Limited | Director | 06 Sep 1994 | 32 Years 1 Months | Current |
Peer comparison
Bna Flexinet Systems Limited is compared with the 5 companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Retail and Distribution, Website Design and Maintenance), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Arya Telelink Private Limited | ₹9.34 Cr (FY 2024) | -23.0% | Jaipur, Rajasthan, India | |||
| Aironova Technology Private Limited | ₹9.34 Cr (FY 2021) | 705.0% | Chhatarpur, Madhya Pradesh, India | |||
| Bro Mobile Trading Private Limited | ₹9.3 Cr (FY 2025) | -61.0% | Coimbatore, Tamil Nadu, India | |||
| Sarvesh Electrical India Private Limited | ₹9.29 Cr (FY 2025) | 9.0% | Chennai, Tamil Nadu, India | |||
| Bna Flexinet Systems Limitedthis company | ₹9.29 Cr (FY 2025) | ₹12.74 Lakh | 1.4% | -13.0% | 32 | Bangalore, Karnataka, India |
| Intelligible Tech Solution Private Limited | ₹9.28 Cr (FY 2025) | 10.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Bna Flexinet Systems Limited, buy the company report.
Auditor
Bna Flexinet Systems Limited is audited by PRASAD GIRISH & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PRASAD GIRISH & CO | FY 2019 | 002754S |
Shareholding
The shareholding of Bna Flexinet Systems Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Bna Flexinet Systems Limited, buy the company report.
Charges & borrowings
Open charges
₹2.33 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Apr 2023 | 100719904 | Others | ₹32.5 Lakh | Open | |
| 07 Mar 2023 | 100685352 | Others | ₹2 Cr | Open |
Total charge records: 2 View all charges
Legal cases
Bna Flexinet Systems Limited has 2 court cases on record: 2 filed against it. All cases are disposed.
Total cases
2
Filed against the company
2
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 2 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Writ petition | Filed against the company by M/S Play A Proprietary Firm | Disposed |
| Bombay High Court | Writ petition | Filed against the company | Disposed |
To see the full case history of Bna Flexinet Systems Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Bna Flexinet Systems Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Bna Flexinet Systems Limited has a workforce of 32 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
Employee count
32
Active EPFO establishments
1
Employee growth
-3.03%
GST
Bna Flexinet Systems has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACB6062C1ZZ | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Bna Flexinet Systems Limited, buy the company report.
Recent activity
Bna Flexinet Systems Limited has 9 board changes on record since 1994: 4 appointments and 5 cessations. The latest: Sudha Ranganathen ceased to be Additional Director on 29 Sep 2018.
AGM
Bna Flexinet Systems Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Bna Flexinet Systems Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge with Others amounted to Rs. 32.50 Lakh with Charge ID 100719904 was registered on 26 Apr 2023.
Charges
A charge with Others amounted to Rs. 200.00 Lakh with Charge ID 100685352 was registered on 07 Mar 2023.
Ceased
Sudha Ranganathen ceased to be Additional Director.
Appointed
Sudha Ranganathen was appointed as Director.
Ceased
Krishnan Venkitachalam ceased to be Director.
Ceased
Abemelek Thimothy ceased to be Director.
Ceased
Raghunatha Babu Moturu ceased to be Additional Director.
Appointed
Raghunatha Babu Moturu was appointed as Director.
Ceased
Ramachandran Venkitachelam ceased to be Director.
Appointed
Ranganathan Iyer Venkitachalam was appointed as Director.
2 earlier events are in the company report.
Frequently asked questions
Bna Flexinet Systems is an active public limited company based in Bangalore, Karnataka, India. The company works in web design and maintenance services, within the information technology industry. It was incorporated on 06 September 1994 (32+ years old) and is registered under CIN U85110KA1994PLC016192.
Bna Flexinet Systems has 4 current directors:
- Sudha Ranganathen - Director
- Ranganathan Iyer Venkitachalam - Director
- Raghunatha Babu Moturu - Director
- Thyadath Chandramohan Pathikkal - Director
The latest financial statements of Bna Flexinet Systems on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Bna Flexinet Systems is 29AAACB6062C1ZZ, registered in Karnataka.
The CIN (Corporate Identification Number) of Bna Flexinet Systems is U85110KA1994PLC016192. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bna Flexinet Systems has 2 court cases on record: 2 filed against it.
Bna Flexinet Systems was incorporated on 06 September 1994, making it 32+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Bna Flexinet Systems by revenue are Arya Telelink Private Limited, Aironova Technology Private Limited, Bro Mobile Trading Private Limited, Sarvesh Electrical India Private Limited, Intelligible Tech Solution Private Limited, all in the Consumer Durables industry (Electronic Appliances Retail and Distribution, Website Design and Maintenance), with the same principal business activity (wholesale trading).
Sudha Ranganathen ceased to be Additional Director on 29 Sep 2018. Sudha Ranganathen was appointed as Director on 10 Sep 2018. Krishnan Venkitachalam ceased to be Director on 20 Aug 2018. Bna Flexinet Systems has 9 board changes on record in total.
Yes, Bna Flexinet Systems is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0153960).
The registered office of Bna Flexinet Systems is at 146 Shantala Plaza14Th Cross 8th Main Malleswaram, Bangalore, Karnataka, India – 560003.