MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-DL-10-0005657
Binary Electrotech Private Limited - consumer electronics & durables in New Delhi, Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹3.59 Cr
▼ 20% YoY
Net profit · FY 2023
₹13.07 Lakh
Net margin 3.6%
EBITDA · FY 2023
₹69.13 Lakh
EBITDA margin 19.3%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹1.2 Lakh
Issued & subscribed
Open charges
₹3.63 Cr
Secured borrowings
Company age
15 yrs
Est. 2011
Employees · EPFO
8
Provident fund records
About Binary Electrotech Private Limited
Data last updated:
Binary Electrotech Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 14 March 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U32109DL2011PTC215825. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1.2 Lakh. It is led by directors Ashish Chauhan and Garima.
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 C – 105 Naraina Vihar, New Delhi, Delhi, India – 110028.
As per the financials filed for FY 2023, the company reported a revenue of ₹3.59 Cr, a decline of 20% compared to the previous year. For the same year it recorded a net profit of ₹13.07 Lakh (net margin 3.6%) and EBITDA of ₹69.13 Lakh (EBITDA margin 19.3%). Revenue has declined at a compounded annual rate (CAGR) of 20% over three years and 6% over five years.
The company has about 8 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹3.63 Cr on record. Court records list 8 cases involving the company, including 2 filed by the company and 6 filed against it; 3 cases are pending.
Binary Electrotech Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-10-0005657). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website binaryelectrotech.com.
Company details
CIN U32109DL2011PTC215825
Registration Number 215825
Incorporation Date 14 March 2011
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-DL-10-0005657
Key People
Ashish Chauhan Director Garima Director Recognitions & Rankings of Binary Electrotech
Contact details
Binary Electrotech Private Limited's registered office is in New Delhi, Delhi. Its website is binaryelectrotech.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressC – 105 Naraina Vihar, New Delhi, Delhi, India – 110028
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
To see the full contact details of Binary Electrotech Private Limited, buy the company report.
Comprehensive company report
Binary Electrotech 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Binary Electrotech is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Binary Electrotech Private Limited, buy the company report.
Financials of Binary Electrotech Private Limited
FY 2023 filings availableBinary Electrotech Private Limited reported revenue of ₹3.59 Cr (down 20% YoY) for FY 2023.
Revenue · FY 2023
₹3.59 Cr ▼ 20%
Net profit · FY 2023
₹13.07 Lakh margin 3.6%
EBITDA · FY 2023
₹69.13 Lakh margin 19.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 20%
3 years · compounded
▼ 20%
5 years · compounded
▼ 6%
EBITDA CAGR growth
1 year
▲ 40%
3 years · compounded
▲ 11%
5 years · compounded
▲ 26%
Revenue has declined at a compounded annual rate (CAGR) of 6% over five years, including a 20% fall in the latest year. EBITDA rose 40% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹3.59 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹69.13 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹13.07 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 19.3% | ||||
| Net Profit Margin | 3.6% | ||||
| 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 Binary Electrotech Private Limited, buy the company report.
Board of directors of Binary Electrotech Private Limited
Binary Electrotech has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashish Chauhan | Director | 29 May 2015 | 11 Years 4 Months | Current |
| Garima Also directs: Ashyana & Neel Bakerry LLP, G&A Infratech Private Limited | Director | 29 May 2015 | 11 Years 4 Months | Current |
Peer comparison
Binary Electrotech Private Limited is compared with the 3 companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Manufacturing), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Caravan Electricals Pvt Ltd | ₹3.61 Cr (FY 2023) | 49.0% | Kolkata, West Bengal, India | |||
| Binary Electrotech Private Limitedthis company | ₹3.59 Cr (FY 2023) | ₹13.07 Lakh | 3.6% | -20.0% | 8 | New Delhi, Delhi, India |
| Aci Electricals Private Limited | ₹3.57 Cr (FY 2025) | 14.0% | Gt Road Khurja, Uttar Pradesh, India | |||
| KJ Energy Products Private Limited | ₹3.55 Cr (FY 2025) | 253.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Binary Electrotech Private Limited, buy the company report.
Auditor
Binary Electrotech Private Limited is audited by Sunil Suresh & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Sunil Suresh & Associates | FY 2023 | 011646N |
Shareholding
The shareholding of Binary Electrotech 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Binary Electrotech Private Limited, buy the company report.
Charges & borrowings
Open charges
₹3.63 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Nov 2023 | 100858311 | Hdfc Bank Limited | ₹12 Lakh | Open | |
| 28 Dec 2022 | 100702842 | Axis Bank Limited | ₹80 Lakh | Open | |
| 27 Dec 2021 | 100545322 | Yes Bank Limited | ₹2.5 Cr | Open | |
| 19 Oct 2021 | 100518424 | Canara Bank | ₹21 Lakh | Open |
Total charge records: 4 View all charges
Legal cases
Binary Electrotech Private Limited has 8 court cases on record: 2 filed by Binary Electrotech, 6 filed against it. 3 cases are pending and 5 are disposed.
Total cases
8
Filed by the company
2
Filed against the company
6
Pending
3
Disposed
5
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 6 | 3 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed by the company against Electrower Technologies Pvt Ltd and 1 other | Pending |
| District court, North, Delhi | Arbitration matter | Filed against the company by HDFC Bank Ltd. | Disposed |
| District court, Gurugram, Haryana | Civil suit | Filed by the company against M/S Spinny Car Hub | Pending |
| District court, West, Delhi | Cheque dishonour complaint | Filed against the company by Shri Arvind Aggarwal, Proprietor of Shiva Enterprises | Pending |
| District court, South West, Delhi | Civil suit | Filed against the company by State | Disposed |
To see the full case history of Binary Electrotech Private 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.
Credit ratings & regulatory alerts
Binary Electrotech Private Limited was last rated by Crisil on 10 May 2018.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 10 May 2018 |
To see the full credit ratings and regulatory alerts of Binary Electrotech Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Binary Electrotech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Binary Electrotech Private Limited has a workforce of 8 employees on its EPFO records as of Apr 03, 2024, across 1 active EPFO establishment.
Employee count
8
Active EPFO establishments
1
Employee growth
-27.27%
GST
Binary Electrotech has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
Total GSTINs
2
Cancelled / inactive
2
To see the full GST registrations and return filing status of Binary Electrotech Private Limited, buy the company report.
Recent activity
Binary Electrotech Private Limited has 5 board changes on record since 2013: 2 appointments and 3 cessations. The latest: Pardeep Kumar ceased to be Director on 31 May 2015.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 12.00 Lakh with Charge ID 100858311 was registered on 28 Nov 2023.
AGM
Binary Electrotech Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Binary Electrotech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.
Charges
A charge with Axis Bank Limited amounted to Rs. 80.00 Lakh with Charge ID 100702842 was registered on 28 Dec 2022.
Charges
A charge with Yes Bank Limited amounted to Rs. 250.00 Lakh with Charge ID 100545322 was registered on 27 Dec 2021.
Charges
A charge with Canara Bank amounted to Rs. 21.00 Lakh with Charge ID 100518424 was registered on 19 Oct 2021.
Ceased
Pardeep Kumar ceased to be Director.
Ceased
Shri Niwas ceased to be Director.
Appointed
Ashish Chauhan was appointed as Director.
Appointed
Garima was appointed as Director.
Ceased
Vedpal Raghav ceased to be Director.
Incorporation
14 Mar 2011
Binary Electrotech Private Limited was registered on 14 Mar 2011 with Roc Delhi & aged 15 years 7 months as per MCA records.
Frequently asked questions
Binary Electrotech is an active private limited company based in New Delhi, Delhi, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 14 March 2011 (15+ years old) and is registered under CIN U32109DL2011PTC215825.
Binary Electrotech has 2 current directors:
- Ashish Chauhan - Director
- Garima - Director
The latest financial statements of Binary Electrotech 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.
No. Binary Electrotech has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Binary Electrotech is U32109DL2011PTC215825. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Binary Electrotech has 8 court cases on record: 2 filed by the company and 6 filed against it. 3 are pending.
Binary Electrotech was incorporated on 14 March 2011, making it 15+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Binary Electrotech by revenue are Caravan Electricals Pvt Ltd, Aci Electricals Private Limited, KJ Energy Products Private Limited, all in the Consumer Durables industry (Electronic Appliances Manufacturing), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Pardeep Kumar ceased to be Director on 31 May 2015. Shri Niwas ceased to be Director on 31 May 2015. Ashish Chauhan was appointed as Director on 29 May 2015. Binary Electrotech has 5 board changes on record in total.
Yes, Binary Electrotech is registered as a small enterprise under Udyam registration (number: UDYAM-DL-10-0005657).
Binary Electrotech can be reached through the website binaryelectrotech.com. Its registered office is in New Delhi, Delhi, India.