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BNG Spray Solutions Private Limited - electrnoics in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹32.16 Lakh
▲ 159% YoY
Net loss · FY 2024
₹5.31 Lakh
Net margin -16.5%
EBITDA · FY 2024
-₹3.7 Lakh
EBITDA margin -11.5%
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹9.51 Lakh
Issued & subscribed
Company age
8 yrs
Est. 2018
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About BNG Spray Solutions Private Limited
Data last updated:
BNG Spray Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the home appliances segment of the electronics sector. It was incorporated on 04 September 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U29309KA2018PTC115962. Its GSTIN is 29AAHCB9798C1Z3 (Karnataka).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹9.51 Lakh. It is led by directors Arindam Ghatak and Ashim Kumar Ghatak.
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 No.69/2 N.R.Nivas Ground Floor Sharadamba Nagar Raghavendra Temple Road Jalahalli, Bangalore, Karnataka, India – 560013.
As per the financials filed for FY 2024, the company reported a revenue of ₹32.16 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹5.31 Lakh (net margin -16.5%) and EBITDA of -₹3.7 Lakh (EBITDA margin -11.5%). Revenue has grown at a compounded annual rate (CAGR) of 51% over three years and 73% over five years.
The company is associated with 1 brand: BNG Spray Solutions.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website bngspraysolutions.com.
Company Details of BNG Spray Solutions Private Limited
CIN U29309KA2018PTC115962
Registration Number 115962
Incorporation Date 04 September 2018
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
DPIIT Recognition Recognised Startup
Recognitions & Rankings of BNG Spray Solutions
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressNo.69/2 N.R.Nivas Ground Floor Sharadamba Nagar Raghavendra Temple Road Jalahalli, Bangalore, Karnataka, India – 560013
- IndustryElectrnoics, Home Appliance, Manufacturing
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Associated Brands with BNG Spray Solutions Private Limited
BNG Spray Solutions operates one associated brand: BNG Spray Solutions. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Supplier of spraying systems | bngspraysolutions.com |
Business Activity of BNG Spray Solutions Private Limited
The main business activity of BNG Spray Solutions is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
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Financials of BNG Spray Solutions Private Limited FY 2025 filings available
BNG Spray Solutions Private Limited reported revenue of ₹32.16 Lakh (up 159% YoY) for FY 2024.
Revenue · FY 2024
₹32.16 Lakh ▲ 159%
Net loss · FY 2024
₹5.31 Lakh margin -16.5%
EBITDA · FY 2024
-₹3.7 Lakh margin -11.5%
Compounded Annual Growth Rate (CAGR) of BNG Spray Solutions Private Limited
Revenue CAGR growth
1 year
▲ 159%
3 years · compounded
▲ 51%
5 years · compounded
▲ 73%
EBITDA CAGR growth
1 year
▲ 51%
3 years · compounded
▲ 25%
5 years · compounded
▼ 30%
Revenue has grown at a compounded annual rate (CAGR) of 73% over five years, including 159% growth in the latest year. EBITDA rose 51% 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 BNG Spray 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 | -₹3.7 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹5.31 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 BNG Spray Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -11.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -16.5% | •••• | •••• | •••• | •••• |
| 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 BNG Spray Solutions are in the company report.
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Financial statements from FY 2019
Earlier years and trend charts are in the company report.
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Board of Directors of BNG Spray Solutions Private Limited
BNG Spray Solutions has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arindam Ghatak | Director | 04 Sep 2018 | 8 Years 1 Months | Current |
| Ashim Kumar Ghatak | Director | 07 Aug 2019 | 7 Years 2 Months | Current |
Peer Comparison of BNG Spray Solutions Private Limited
BNG Spray Solutions Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Artisan Kitchens Private Limited | ₹32.25 Lakh (FY 2016) | •••• | •••• | 256.0% | •••• | Gurgaon, Haryana, India |
| Shree Siddhi Vinayaka Gems & Jewellers Private Limited | ₹32.23 Lakh (FY 2018) | •••• | •••• | •••• | R.K Puram, Kothapet, Telangana, India | |
| Hindok Exports Limited | ₹32.19 Lakh (FY 2020) | •••• | •••• | -79.0% | •••• | Ludhiana, Punjab, India |
| Azad Machinery Works Private Limited | ₹32.17 Lakh (FY 2025) | •••• | •••• | -25.0% | •••• | Uttar Pradesh, India |
| R.Mittal Diamonds Private Limited | ₹32.16 Lakh (FY 2024) | •••• | •••• | 233.0% | •••• | Bhopal, Madhya Pradesh, India |
| BNG Spray Solutions Private Limited this company | ₹32.16 Lakh (FY 2024) | •••• | •••• | 159.0% | •••• | Bangalore, Karnataka, India |
| Feel Good Innovations Private Limited | ₹32.13 Lakh (FY 2025) | •••• | •••• | -56.0% | •••• | Hyderabad, Telangana, India |
| Agverse Technologies Private Limited | ₹32.13 Lakh (FY 2025) | •••• | •••• | 50.0% | •••• | Bannerghatta Road, Karnataka, India |
| Aja Industrial Solutions Private Limited | ₹32.12 Lakh (FY 2022) | •••• | •••• | •••• | Alwar, Rajasthan, India | |
| Satyam Techmech (India) Private Limited | ₹32.07 Lakh (FY 2025) | •••• | •••• | -44.0% | •••• | Jaipur, Rajasthan, India |
| Elementx Scientific Private Limited | ₹31.93 Lakh (FY 2025) | •••• | •••• | -19.0% | •••• | Navi Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below BNG Spray Solutions by revenue in the same principal business activity (Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Ownership and Shareholding of BNG Spray Solutions Private Limited
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Shareholding and ownership data
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Charges & Borrowings of BNG Spray Solutions Private Limited
BNG Spray Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at BNG Spray Solutions Private Limited
Employment history and EPFO contributions of people linked to BNG Spray Solutions.
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on BNG Spray Solutions Private Limited
BNG Spray Solutions Private Limited has 4 board changes on record since 2018: 2 appointments and 2 cessations. The latest: Ashim Kumar Ghatak ceased to be Additional Director on 23 Dec 2019.
AGM
Bng Spray Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Bng Spray Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Ceased
Ashim Kumar Ghatak ceased to be Additional Director.
Ceased
Saptarshi Basu ceased to be Director.
Appointed
Ashim Kumar Ghatak was appointed as Director.
Appointed
Arindam Ghatak was appointed as Director.
Incorporation
04 Sep 2018
Bng Spray Solutions Private Limited was registered on 04 Sep 2018 with Roc Bangalore & aged 8 years 1 month as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for BNG Spray Solutions Private Limited
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MSME Payment Delays by BNG Spray Solutions Private Limited
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Subsidiaries & Group Companies of BNG Spray Solutions Private Limited
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GST Compliance of BNG Spray Solutions Private Limited
BNG Spray Solutions has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAHCB9798C1Z3 | Karnataka | Active | 13 Nov 2018 |
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MCA Filings & Documents of BNG Spray Solutions Private Limited
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Frequently Asked Questions about BNG Spray Solutions Private Limited
BNG Spray Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in home appliance, within the electronics industry. It was incorporated on 04 September 2018 (8+ years old) and is registered under CIN U29309KA2018PTC115962.
BNG Spray Solutions reported revenue of ₹32.16 Lakh for FY 2024 (up 159% YoY).
BNG Spray Solutions has 2 current directors:
- Arindam Ghatak - Director
- Ashim Kumar Ghatak - Director
BNG Spray Solutions reported a net loss of ₹5.31 Lakh (net margin -16.5%) and EBITDA of -₹3.7 Lakh (EBITDA margin -11.5%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of BNG Spray Solutions is 51% over three years and 73% over five years. In the latest year (FY 2024) revenue rose 159%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of BNG Spray Solutions is 29AAHCB9798C1Z3, registered in Karnataka.
The CIN (Corporate Identification Number) of BNG Spray Solutions is U29309KA2018PTC115962. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
BNG Spray Solutions was incorporated on 04 September 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of BNG Spray Solutions by revenue are Artisan Kitchens Private Limited, Shree Siddhi Vinayaka Gems & Jewellers Private Limited, Hindok Exports Limited, Azad Machinery Works Private Limited, R.Mittal Diamonds Private Limited and 5 more, all in the same principal business activity (Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities).
Ashim Kumar Ghatak ceased to be Additional Director on 23 Dec 2019. Saptarshi Basu ceased to be Director on 16 Aug 2019. Ashim Kumar Ghatak was appointed as Director on 07 Aug 2019. BNG Spray Solutions has 4 board changes on record in total.
Yes, BNG Spray Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).