About Phoenix Binary System Private Limited
Data last updated:
Phoenix Binary System Private Limited is a private limited company based in Karamsad, Gujarat, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 22 April 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72200GJ2013PTC074628. Its GSTIN is 24AAHCP1210B2Z9 (Gujarat). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Ghanshyam Kanjibhai Patel and Sonal Ghanshyam Patel.
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 9 – B Rainbow Park Society Opp.Ashok Panjabi V.V.Nagar – Karamsad Road, Gujarat, India – 388325.
As per the financials filed for FY 2022, the company reported a revenue of ₹47.14 Lakh, a growth of 138% compared to the previous year. For the same year it recorded a net profit of ₹1.6 Lakh (net margin 3.4%) and EBITDA of ₹2.02 Lakh (EBITDA margin 4.3%). Revenue has grown at a compounded annual rate (CAGR) of 47% over three years and 16% over five years.
The company is associated with 2 brands: Vatsalya International School and Phoenix Binary System.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website phoenixbinarysystem.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
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- Registered Address9 – B Rainbow Park Society Opp.Ashok Panjabi V.V.Nagar – Karamsad Road, Gujarat, India – 388325
- IndustryInformation Technology, Application Development & Software Solutions
- 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
Business Activity of Phoenix Binary System Private Limited
The main business activity of Phoenix Binary System is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | 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.
Financials of Phoenix Binary System Private Limited FY 2023 filings available
Phoenix Binary System Private Limited reported revenue of ₹47.14 Lakh (up 138% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR) of Phoenix Binary System Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 16% over five years, including 138% growth 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 Phoenix Binary System Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| 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 | ₹2.02 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.6 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 Phoenix Binary System Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 3.4% | •••• | •••• | •••• | •••• |
| 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 Phoenix Binary System are in the company report.
Financial statements from 2015
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.
Peer Comparison of Phoenix Binary System Private Limited
Phoenix Binary System Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Computer programming, consultancy and related 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 |
|---|---|---|---|---|---|---|
| Ycs Techsoft Private Limited | ₹47.24 Lakh (FY 2025) | •••• | •••• | 21.0% | •••• | Pune, Maharashtra, India |
| Lorhan Technologies India Private Limited | ₹47.22 Lakh (FY 2020) | •••• | •••• | •••• | Hyderabad, Telangana, India | |
| Grafx IT Solutions Private Limited | ₹47.22 Lakh (FY 2025) | •••• | •••• | -2.0% | •••• | Visakhapatnam, Andhra Pradesh, India |
| Rematrix Academy Private Limited | ₹47.22 Lakh (FY 2025) | •••• | •••• | 33.0% | •••• | Chennai, Tamil Nadu, India |
| Likhyani Healthcare Solutions (OPC) Private Limited | ₹47.18 Lakh (FY 2025) | •••• | •••• | 9.0% | •••• | Jaipur, Rajasthan, India |
| Phoenix Binary System Private Limited this company | ₹47.14 Lakh (FY 2022) | •••• | •••• | 138.0% | •••• | Karamsad, Gujarat, India |
| Coequal Associates Private Limited | ₹47.14 Lakh (FY 2025) | •••• | •••• | -4.0% | •••• | Mumbai, Maharashtra, India |
| Nadempally Business Solutions Private Limited | ₹47.14 Lakh (FY 2021) | •••• | •••• | 42.0% | •••• | Bangalore, Karnataka, India |
| Systechnosoft Technologies Private Limited | ₹47.14 Lakh (FY 2025) | •••• | •••• | -4.0% | •••• | Jaipur, Rajasthan, India |
| Instaone Software Private Limited | ₹47.13 Lakh (FY 2025) | •••• | •••• | 0.0% | •••• | Pune, Maharashtra, India |
| E Vantage IT Overseas (India) Private Limited | ₹47.12 Lakh (FY 2016) | •••• | •••• | -53.0% | •••• | Erragadda, Hyd., Telangana, India |
Peers are the five companies nearest above and the five nearest below Phoenix Binary System by revenue in the same principal business activity (Computer programming, consultancy and related activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Phoenix Binary System Private Limited
Phoenix Binary System Private Limited is audited by PATEL & MEHTA for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| PATEL & MEHTA | 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 Phoenix Binary System Private Limited
Phoenix Binary System has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ghanshyam Kanjibhai Patel | Director | 22 Apr 2013 | 13 Years 5 Months | Current |
| Sonal Ghanshyam Patel Also directs: Aarvee Eduhealth Private Limited | Director | 22 Apr 2013 | 13 Years 5 Months | Current |
Ownership and Shareholding of Phoenix Binary System 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 Phoenix Binary System Private Limited
Phoenix Binary System Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Phoenix Binary System Private Limited
Phoenix Binary System operates two associated brands: Vatsalya International School and Phoenix Binary System. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Co-educational school offering day-boarding, residential education, and academic programs in India. | vatsalyainternational.org | |
| Provides web development, mobile apps, graphic design, SEO, and digital marketing services. | phoenixbinarysystem.com |
Employees and EPFO Compliance at Phoenix Binary System Private Limited
Employment history and EPFO contributions of people linked to Phoenix Binary System.
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.
Recent Activity on Phoenix Binary System Private Limited
Phoenix Binary System Private Limited has 3 board changes on record since 2013: 2 appointments and 1 cessation. The latest: Dharmendrakumar Ghanshyamprasad Dave ceased to be Director on 12 Dec 2020.
Credit Ratings, Litigation & Regulatory Alerts for Phoenix Binary System 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 Phoenix Binary System 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 Phoenix Binary System 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.
GST Compliance of Phoenix Binary System Private Limited
Phoenix Binary System has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAHCP1210B2Z9 | Gujarat | Active | 09 Jun 2021 |
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.
MCA Filings & Documents of Phoenix Binary System 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.
Frequently Asked Questions about Phoenix Binary System Private Limited
Phoenix Binary System is an active private limited company based in Karamsad, Gujarat, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 22 April 2013 (13+ years old) and is registered under CIN U72200GJ2013PTC074628.
Phoenix Binary System reported revenue of ₹47.14 Lakh for FY 2022 (up 138% YoY).
Phoenix Binary System has 2 current directors:
- Ghanshyam Kanjibhai Patel - Director
- Sonal Ghanshyam Patel - Director
Phoenix Binary System reported a net profit of ₹1.6 Lakh (net margin 3.4%) and EBITDA of ₹2.02 Lakh (EBITDA margin 4.3%) for FY 2022, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Phoenix Binary System is 47% over three years and 16% over five years. In the latest year (FY 2022) revenue rose 138%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Phoenix Binary System is 24AAHCP1210B2Z9, registered in Gujarat. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Phoenix Binary System is U72200GJ2013PTC074628. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Phoenix Binary System was incorporated on 22 April 2013, making it 13+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Phoenix Binary System by revenue are Ycs Techsoft Private Limited, Lorhan Technologies India Private Limited, Grafx IT Solutions Private Limited, Rematrix Academy Private Limited, Likhyani Healthcare Solutions (OPC) Private Limited and 5 more, all in the same principal business activity (Computer programming, consultancy and related activities).
Dharmendrakumar Ghanshyamprasad Dave ceased to be Director on 12 Dec 2020. Ghanshyam Kanjibhai Patel was appointed as Director on 22 Apr 2013. Sonal Ghanshyam Patel was appointed as Director on 22 Apr 2013.
Phoenix Binary System can be reached through the website phoenixbinarysystem.com. Its registered office is in Karamsad, Gujarat, India.