About Phoenix Binary System Private Limited
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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.
Company details
Contact details
Phoenix Binary System Private Limited's registered office is in Karamsad, Gujarat. Its website is phoenixbinarysystem.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered Address9 – B Rainbow Park Society Opp.Ashok Panjabi V.V.Nagar – Karamsad Road, Gujarat, India – 388325
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Phoenix Binary System Private Limited, buy the company report.
- 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
Brands
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 |
Business activity
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 | 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 Phoenix Binary System Private Limited, buy the company report.
Financials of Phoenix Binary System Private Limited
FY 2023 filings availablePhoenix Binary System Private Limited reported revenue of ₹47.14 Lakh (up 138% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
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
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA | ₹2.02 Lakh | ||||
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| Net Profit (PAT) | ₹1.6 Lakh | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA Margin | 4.3% | ||||
| Net Profit Margin | 3.4% | ||||
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To see the full financial statements and ratios of Phoenix Binary System Private Limited, buy the company report.
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 6 Months | Current |
| Sonal Ghanshyam Patel Also directs: Aarvee Eduhealth Private Limited | Director | 22 Apr 2013 | 13 Years 6 Months | Current |
Peer comparison
Phoenix Binary System 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 |
|---|---|---|---|---|---|---|
| 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 | ||||
| Phoenix Binary System Private Limitedthis company | ₹47.14 Lakh (FY 2022) | ₹1.6 Lakh | 3.4% | 138.0% | Karamsad, Gujarat, 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 |
To see the full peer comparison of Phoenix Binary System Private Limited, buy the company report.
Auditor
Phoenix Binary System Private Limited is audited by PATEL & MEHTA for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PATEL & MEHTA | FY 2020 | 125480W |
Shareholding
The shareholding of Phoenix Binary System Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Phoenix Binary System Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Phoenix Binary System 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 Phoenix Binary System Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
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 |
To see the full GST registrations and return filing status of Phoenix Binary System Private Limited, buy the company report.
Recent activity
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.
Frequently asked questions
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 has 2 current directors:
- Ghanshyam Kanjibhai Patel - Director
- Sonal Ghanshyam Patel - Director
The latest financial statements of Phoenix Binary System 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 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, Nadempally Business Solutions Private Limited, Systechnosoft Technologies Private Limited, Instaone Software Private Limited and 1 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.
The registered office of Phoenix Binary System is at 9 – B Rainbow Park Society Opp.Ashok Panjabi V.V.Nagar – Karamsad Road, Gujarat, India – 388325.
Phoenix Binary System operates in the information technology industry, in the application development and software solutions segment.
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