Borek IT Sourcing Private Limited

Borek IT Sourcing Private Limited - information technology in Vadodara, Gujarat, India. FY 2026 financials & compliance.
CIN U72200GJ2014PTC078952 Incorporated 03 March 2014 ROC Ahmedabad HQ Vadodara, Gujarat, India
Active Private Limited Company information technology
Data last updated
Revenue · FY 2023
₹11.97 Cr
▲ 30% YoY
Net profit · FY 2023
₹1.21 Cr
Net margin 10.1%
EBITDA · FY 2023
₹2.04 Cr
EBITDA margin 17%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹20 Lakh
Secured borrowings
Company age
12 yrs
Est. 2014
Employees · EPFO
69
Provident fund records

About Borek IT Sourcing Private Limited

Data last updated:

Borek IT Sourcing Private Limited is a private limited company based in Vadodara, Gujarat, India, a subsidiary of Kobo Verwaltungs Ug. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 03 March 2014 and has been in existence for over 12 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72200GJ2014PTC078952. Its GSTIN is 24AAFCB8460R1Z3 (Gujarat).

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Kushal Kirankumar Rao (Managing Director) and Konstantin Henning Borek.

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 306 – 311 Gajanand Complex Opposite Tube Company Old Padra Road, Vadodara, Gujarat, India – 390010.

As per the financials filed for FY 2023, the company reported a revenue of ₹11.97 Cr, a growth of 30% compared to the previous year. For the same year it recorded a net profit of ₹1.21 Cr (net margin 10.1%) and EBITDA of ₹2.04 Cr (EBITDA margin 17%). Revenue has grown at a compounded annual rate (CAGR) of 47% over three years and 38% over five years.

The company has about 69 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Borek Solutions. As per MCA filings, the company has open charges of ₹20 Lakh on record.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website boreksolutions.com.

Company details

CIN U72200GJ2014PTC078952
Registration Number 078952
Incorporation Date 03 March 2014
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Parent Company Kobo Verwaltungs Ug
Compliance Status Active Compliant

Contact details

Borek IT Sourcing Private Limited's registered office is in Vadodara, Gujarat. Its website is boreksolutions.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    306 – 311 Gajanand Complex Opposite Tube Company Old Padra Road, Vadodara, Gujarat, India – 390010
  • Industry
    Information Technology, IT Consulting & Support Services

To see the full contact details of Borek IT Sourcing Private Limited, buy the company report.

Comprehensive company report
Borek IT Sourcing Private 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

Brands

Borek IT Sourcing operates one associated brand: Borek Solutions. Each brand links to its own profile.

BrandDescriptionWebsite
Provides IT systems, operations, marketing, and global shoring for businesses.boreksolutions.com

Business activity

The main business activity of Borek IT Sourcing is information and communication. In detail, this covers computer programming, consultancy and related activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ6Computer programming, consultancy and related activities

To see the full business activity and turnover split of Borek IT Sourcing Private Limited, buy the company report.

Financials of Borek IT Sourcing Private Limited

FY 2023 filings available

Borek IT Sourcing Private Limited reported revenue of ₹11.97 Cr (up 30% YoY) for FY 2023.

Revenue · FY 2023
₹11.97 Cr ▲ 30%
Net profit · FY 2023
₹1.21 Cr margin 10.1%
EBITDA · FY 2023
₹2.04 Cr margin 17%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 30%
3 years · compounded
▲ 47%
5 years · compounded
▲ 38%
EBITDA CAGR growth
1 year
▼ 34%
3 years · compounded
▲ 43%
5 years · compounded
▲ 73%

Revenue has grown at a compounded annual rate (CAGR) of 38% over five years, including 30% growth in the latest year. EBITDA fell 34% 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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profit and Loss Statement
Revenue from Operations₹11.97 Cr
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹2.04 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹1.21 Cr
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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin17%
Net Profit Margin10.1%
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

To see the full financial statements and ratios of Borek IT Sourcing Private Limited, buy the company report.

Board of directors of Borek IT Sourcing Private Limited

Borek IT Sourcing has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Kushal Kirankumar RaoManaging Director03 Mar 201412 Years 7 MonthsCurrent
Klaus MaierAdditional Director15 Sep 20251 Years 1 MonthsCurrent
Konstantin Henning BorekDirector31 May 20179 Years 4 MonthsCurrent

Auditor

Borek IT Sourcing Private Limited is audited by BIPIN AND COMPANY for the financial year 2023.

Auditor firmFinancial yearFirm registration number
BIPIN AND COMPANYFY 2023101509W

Shareholding

The shareholding of Borek IT Sourcing Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Borek IT Sourcing Private Limited, buy the company report.

Charges & borrowings

Open charges
₹20 Lakh
Satisfied charges
None
Breakdown by lending institutions
Hdfc Bank Limited₹0.20 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
02 Nov 2021100502860Hdfc Bank Limited₹20 LakhOpen

Total charge records: 1 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Borek IT Sourcing Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Borek IT Sourcing Private Limited has a workforce of 69 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.

Employee count
69
Active EPFO establishments
1
Employee growth
4.55%

GST

Borek IT Sourcing has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AAFCB8460R1Z3GujaratActive01 Jul 2017

To see the full GST registrations and return filing status of Borek IT Sourcing Private Limited, buy the company report.

Recent activity

Borek IT Sourcing Private Limited has 6 board changes on record since 2014: 3 appointments and 3 cessations. The latest: Klaus Maier was appointed as Additional Director on 15 Sep 2025.

Appointed
Klaus Maier was appointed as Additional Director.
AGM
Borek It Sourcing Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Borek It Sourcing Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 20.00 Lakh with Charge ID 100502860 was registered on 02 Nov 2021.
Ceased
Konstantin Henning Borek ceased to be Additional Director.
Ceased
Henning Borek ceased to be Director.
Appointed
Konstantin Henning Borek was appointed as Director.
Ceased
Kushal Kirankumar Rao ceased to be Director.
Appointed
Kushal Kirankumar Rao was appointed as Managing Director.
Incorporation
03 Mar 2014
Borek It Sourcing Private Limited was registered on 03 Mar 2014 with Roc Ahmedabad & aged 12 years 7 months as per MCA records.

Frequently asked questions

Borek IT Sourcing 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 03 March 2014 (12+ years old) and is registered under CIN U72200GJ2014PTC078952.

Borek IT Sourcing has 3 current directors:

The latest financial statements of Borek IT Sourcing on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.

The GSTIN of Borek IT Sourcing is 24AAFCB8460R1Z3, registered in Gujarat.

The CIN (Corporate Identification Number) of Borek IT Sourcing is U72200GJ2014PTC078952. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Borek IT Sourcing was incorporated on 03 March 2014, making it 12+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Klaus Maier was appointed as Additional Director on 15 Sep 2025. Konstantin Henning Borek ceased to be Additional Director on 23 Aug 2018. Henning Borek ceased to be Director on 31 May 2017. Borek IT Sourcing has 6 board changes on record in total.

Borek IT Sourcing can be reached through the website boreksolutions.com. Its registered office is in Vadodara, Gujarat, India.

The registered office of Borek IT Sourcing is at 306 – 311 Gajanand Complex Opposite Tube Company Old Padra Road, Vadodara, Gujarat, India – 390010.

Borek IT Sourcing operates in the information technology industry, in the IT consulting and support services segment.