MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2023-24)
- Udyam number
- UDYAM-KL-02-0051011
Busmiles India Private Limited
Busmiles India Private Limited - information technology in Ernakulam, Kerala, India. Directors, charges & compliance details.
Revenue · FY 2022
₹33.45 Lakh
▲ 41% YoY
Net loss · FY 2022
₹3.92 Lakh
Net margin -11.7%
EBITDA · FY 2022
-₹1.69 Lakh
EBITDA margin -5%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹50,000
Issued & subscribed
Company age
7 yrs
Est. 2019
Directors on board
2
As per MCA filings
Last financials
Mar 2022
Balance sheet date
About Busmiles India Private Limited
Data last updated:
Busmiles India Private Limited is a private limited company based in Ernakulam, Kerala, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 18 December 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U72900KL2019PTC060807.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹50,000. It is led by directors Visal Varghese and Joseph Edward Correya.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at 22/464 – A (Old 17/1327 – D) Maria Villa Athipozhi Mundamveli S O, Ernakulam, Kerala, India – 682507.
As per the financials filed for FY 2022, the company reported a revenue of ₹33.45 Lakh, a growth of 41% compared to the previous year. For the same year it recorded a net loss of ₹3.92 Lakh (net margin -11.7%) and EBITDA of -₹1.69 Lakh (EBITDA margin -5%).
Busmiles India Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KL-02-0051011).
Company details
CIN U72900KL2019PTC060807
Registration Number 060807
Incorporation Date 18 December 2019
ROC Ernakulam
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2022
Date of Balance Sheet 31 March 2022
MSME Classification Micro
Udyam Registration UDYAM-KL-02-0051011
Recognitions & Rankings of Busmiles India
Contact details
Busmiles India Private Limited's registered office is in Ernakulam, Kerala.
- Registered Address22/464 – A (Old 17/1327 – D) Maria Villa Athipozhi Mundamveli S O, Ernakulam, Kerala, India – 682507
- IndustryInformation Technology, Application Development & Software Solutions
Comprehensive company report
Busmiles India 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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Business activity
The main business activity of Busmiles India is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Busmiles India Private Limited, buy the company report.
Financials of Busmiles India Private Limited
FY 2022 filings availableBusmiles India Private Limited reported revenue of ₹33.45 Lakh (up 41% YoY) for FY 2022.
Revenue · FY 2022
₹33.45 Lakh ▲ 41%
Net loss · FY 2022
₹3.92 Lakh margin -11.7%
EBITDA · FY 2022
-₹1.69 Lakh margin -5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 41%
EBITDA CAGR growth
1 year
▼ 4%
Revenue rose 41% in the latest year. EBITDA fell 4% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
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| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
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| Total Expenses | |||
| EBITDA | -₹1.69 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹3.92 Lakh | ||
| Balance Sheet | |||
| Share Capital | |||
| Reserves and Surplus | |||
| Net Worth (Total Equity) | |||
| Long-term Borrowings | |||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -5% | ||
| Net Profit Margin | -11.7% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
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| Current Ratio | |||
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To see the full financial statements and ratios of Busmiles India Private Limited, buy the company report.
Board of directors of Busmiles India Private Limited
Busmiles India has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Visal Varghese | Director | 18 Dec 2019 | 6 Years 10 Months | Current |
| Joseph Edward Correya | Director | 18 Dec 2019 | 6 Years 10 Months | Current |
Peer comparison
Busmiles India Private Limited is compared with the 6 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sunotal Private Limited | ₹33.52 Lakh (FY 2025) | 47.0% | Hyderabad, Telangana, India | |||
| Piiritu Innovations Private Limited | ₹33.46 Lakh (FY 2025) | 287.0% | Mahim, Mumbai, Maharashtra, India | |||
| Busmiles India Private Limitedthis company | ₹33.45 Lakh (FY 2022) | -₹3.92 Lakh | -11.7% | 41.0% | Ernakulam, Kerala, India | |
| S S N Infotech Private Limited | ₹33.44 Lakh (FY 2024) | -45.0% | Hyderabad, Telangana, India | |||
| Shanram Data Solutions Private Limited | ₹33.43 Lakh (FY 2025) | -4.0% | Hyderabad, Telangana, India | |||
| Terns Technology Solutions Private Limited | ₹33.43 Lakh (FY 2025) | 66.0% | Kakkanad, Kerala, India | |||
| Wicked Trip India Private Limited | ₹33.42 Lakh (FY 2024) | 462.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Busmiles India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Busmiles India Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Busmiles India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Busmiles India Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Busmiles India Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Joseph Edward Correya was appointed as Director on 18 Dec 2019.
AGM
Busmiles India Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.
Filing
Busmiles India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Ernakulam.
Appointed
Joseph Edward Correya was appointed as Director.
Appointed
Visal Varghese was appointed as Director.
Incorporation
18 Dec 2019
Busmiles India Private Limited was registered on 18 Dec 2019 with Roc Ernakulam & aged 6 years 10 months as per MCA records.
Frequently asked questions
Busmiles India is an active private limited company based in Ernakulam, Kerala, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 18 December 2019 (7+ years old) and is registered under CIN U72900KL2019PTC060807.
Busmiles India has 2 current directors:
- Visal Varghese - Director
- Joseph Edward Correya - Director
The latest financial statements of Busmiles India on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from FY 2020 are in the company report.
The CIN (Corporate Identification Number) of Busmiles India is U72900KL2019PTC060807. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Busmiles India was incorporated on 18 December 2019, making it 7+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Busmiles India by revenue are Sunotal Private Limited, Piiritu Innovations Private Limited, S S N Infotech Private Limited, Shanram Data Solutions Private Limited, Terns Technology Solutions Private Limited and 1 more, all in the same principal business activity (computer programming, consultancy and related activities).
Joseph Edward Correya was appointed as Director on 18 Dec 2019. Visal Varghese was appointed as Director on 18 Dec 2019.
Yes, Busmiles India is registered as a micro enterprise under Udyam registration (number: UDYAM-KL-02-0051011).
The registered office of Busmiles India is at 22464 – A Old 171327 – D Maria Villa Athipozhi Mundamveli S O, Ernakulam, Kerala, India – 682507.
Busmiles India operates in the information technology industry, in the application development and software solutions segment.
Busmiles India can be reached at its registered office: 22464 – A Old 171327 – D Maria Villa Athipozhi Mundamveli S O, Ernakulam, Kerala, India – 682507.
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