About Bulfro Monitech Private Limited
Data last updated:
Bulfro Monitech Private Limited is a private limited company based in Haveli, Maharashtra, India, recognised as a startup by DPIIT. It operates in the electronic components and equipment manufacturing segment of the technology and IT services sector. It was incorporated on 05 April 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U29309PN2018PTC175838. Its GSTIN is 27AAHCB7543D1ZQ (Maharashtra).
The company has an authorised share capital of ₹12 Lakh and a paid-up capital of ₹1.04 Lakh. It is led by directors Deepa Sachin Pagnis and Sachin Shrikant Pagnis.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Haveli, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.66 Cr, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹24.64 Lakh (net margin 14.8%) and EBITDA of ₹42.92 Lakh (EBITDA margin 25.8%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 13% over five years.
The company is associated with 1 brand: Bulfro.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website bulfro.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressS. No. 36/2/1, Narhe Nr Bhagwati Hostel, Haveli, Maharashtra, India – 411041
- IndustryInformation Technology, Electronic Components & Equipment Manufacturing
- 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
Associated Brands with Bulfro Monitech Private Limited
Bulfro Monitech operates one associated brand: Bulfro. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| IoT-based monitoring and control for water pumps are offered. | bulfro.com |
Competitors & Alternatives of Bulfro Monitech Private Limited
Brands and companies operating in the same space as Bulfro Monitech Private Limited include iFLUX, Wellntel, Waterloo Hydrogeologic and 5 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
 iFLUX | Platform offering groundwater management and soil remediation solutions | Niel, Belgium | 2016 |
 Wellntel | Cloud-based groundwater monitoring networks are deployed with acoustic sensors. | Milwaukee, United States | 2012 |
 Waterloo Hydrogeologic | Groundwater modelling software is developed and provided for hydrogeologic applications. | Waterloo, Canada | 1989 |
 Aquasense | Provides groundwater level monitoring systems for effective management. | Delhi, India | 2017 |
 Hydromodel Host | Groundwater and aquifer data are managed via specialized software platforms. | Barcelona, Spain | 2010 |
 Exlterra | Energy-passive soil remediation technologies are developed for environmental challenges. | 2004 | |
 The GroundWater Company | Groundwater conservation and monitoring solution | Manchester, United States | 2014 |
 Cuencas Chile | App based platform for water resource planning | Santiago, Chile | 2016 |
Business Activity of Bulfro Monitech Private Limited
The main business activity of Bulfro Monitech is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | 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.
Auditor Details of Bulfro Monitech Private Limited
Bulfro Monitech Private Limited is audited by Ketan H. Shah & Associates for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Ketan H. Shah & Associates | 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 Bulfro Monitech Private Limited
Bulfro Monitech has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Deepa Sachin Pagnis Also directs: Bulfro Aquaesg Private Limited | Director | 25 Mar 2023 | 3 Years 6 Months | Current |
| Sachin Shrikant Pagnis Also directs: Bulfro Aquaesg Private Limited | Director | 05 Apr 2018 | 8 Years 6 Months | Current |
Financials of Bulfro Monitech Private Limited FY 2025 filings available
Bulfro Monitech Private Limited reported revenue of ₹1.66 Cr (up 1% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Bulfro Monitech Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 13% over five years, including 1% growth in the latest year. EBITDA rose 701% 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 Bulfro Monitech Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
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| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹42.92 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹24.64 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
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| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
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Financial Ratios of Bulfro Monitech Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 25.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 14.8% | •••• | •••• | •••• | •••• |
| 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 Bulfro Monitech are in the company report.
Financial statements from FY 2019
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.
Ownership and Shareholding of Bulfro Monitech 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 Bulfro Monitech Private Limited
Bulfro Monitech Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Bulfro Monitech Private Limited
Employment history and EPFO contributions of people linked to Bulfro Monitech.
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.
GST Compliance of Bulfro Monitech Private Limited
Bulfro Monitech has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAHCB7543D1ZQ | Maharashtra | Active | 23 May 2018 |
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.
Credit Ratings, Litigation & Regulatory Alerts for Bulfro Monitech 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 Bulfro Monitech 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 Bulfro Monitech 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.
MCA Filings & Documents of Bulfro Monitech 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.
Recent Activity on Bulfro Monitech Private Limited
Frequently Asked Questions about Bulfro Monitech Private Limited
Bulfro Monitech is an active private limited company based in Haveli, Maharashtra, India. The company works in electronic components and equipment manufacturing, within the information technology industry. It was incorporated on 05 April 2018 (8+ years old) and is registered under CIN U29309PN2018PTC175838.
Bulfro Monitech reported revenue of ₹1.66 Cr for FY 2025 (up 1% YoY).
Bulfro Monitech has 2 current directors:
- Deepa Sachin Pagnis - Director
- Sachin Shrikant Pagnis - Director
Bulfro Monitech reported a net profit of ₹24.64 Lakh (net margin 14.8%) and EBITDA of ₹42.92 Lakh (EBITDA margin 25.8%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Bulfro Monitech is 5% over three years and 13% over five years. In the latest year (FY 2025) revenue rose 1%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Bulfro Monitech is 27AAHCB7543D1ZQ, registered in Maharashtra.
The CIN (Corporate Identification Number) of Bulfro Monitech is U29309PN2018PTC175838. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bulfro Monitech was incorporated on 05 April 2018, making it 8+ years old. It is registered with the Registrar of Companies, Pune.
Yes, Bulfro Monitech is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).