MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-17-0001454
Binate IT Services Private Limited - information technology in Vasai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹53.17 Lakh
▼ 4% YoY
Net profit · FY 2025
₹1.8 Lakh
Net margin 3.4%
EBITDA · FY 2025
₹6.37 Lakh
EBITDA margin 12%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Company age
8 yrs
Est. 2018
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Binate IT Services Private Limited
Data last updated:
Binate IT Services Private Limited is a private limited company based in Vasai, Maharashtra, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 20 March 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2018PTC306826. Its GSTIN is 27AAHCB7230P1Z9 (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Sahaya Anusha Micheal Nadar and Jitendra Krishnakumar Bhargava.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Flat I/103 Gokul Complex Ambadi Road, Dewanman Manikpur Vasai West Palghar 401202, Maharashtra, India – 401202.
As per the financials filed for FY 2025, the company reported a revenue of ₹53.17 Lakh, a decline of 4% compared to the previous year. For the same year it recorded a net profit of ₹1.8 Lakh (net margin 3.4%) and EBITDA of ₹6.37 Lakh (EBITDA margin 12%). Revenue has grown at a compounded annual rate (CAGR) of 23% over five years.
Binate IT Services Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-17-0001454). For more details, the company can be reached via its website binateit.com.
Company details
CIN U72900MH2018PTC306826
Registration Number 306826
Incorporation Date 20 March 2018
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
MSME Classification Micro
Udyam Registration UDYAM-MH-17-0001454
Recognitions & Rankings of Binate IT Services
Contact details
Binate IT Services Private Limited's registered office is in Vasai, Maharashtra. Its website is binateit.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressFlat I/103 Gokul Complex Ambadi Road, Dewanman Manikpur Vasai West Palghar 401202, Maharashtra, India – 401202
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Binate IT Services Private Limited, buy the company report.
Comprehensive company report
Binate IT Services 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 Binate IT Services is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. |
To see the full business activity and turnover split of Binate IT Services Private Limited, buy the company report.
Financials of Binate IT Services Private Limited
FY 2025 filings availableBinate IT Services Private Limited reported revenue of ₹53.17 Lakh (down 4% YoY) for FY 2025.
Revenue · FY 2025
₹53.17 Lakh ▼ 4%
Net profit · FY 2025
₹1.8 Lakh margin 3.4%
EBITDA · FY 2025
₹6.37 Lakh margin 12%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 4%
5 years · compounded
▲ 23%
EBITDA CAGR growth
1 year
▲ 473%
3 years · compounded
▲ 33%
5 years · compounded
▲ 71%
Revenue fell 4% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 23%. EBITDA rose 473% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹6.37 Lakh | ||||
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| Net Profit (PAT) | ₹1.8 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 12% | ||||
| Net Profit Margin | 3.4% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Binate IT Services Private Limited, buy the company report.
Board of directors of Binate IT Services Private Limited
Binate IT Services has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sahaya Anusha Micheal Nadar Also directs: Binate Educare LLP | Director | 20 Mar 2018 | 8 Years 7 Months | Current |
| Jitendra Krishnakumar Bhargava Also directs: Binate Educare LLP | Director | 20 Mar 2018 | 8 Years 7 Months | Current |
Peer comparison
Binate IT Services Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Rangam Software (India) Private Limited | ₹53.39 Lakh (FY 2018) | 9.0% | Kareemabad, Telangana, India | |||
| Pezasys Private Limited | ₹53.28 Lakh (FY 2025) | 14.0% | Pune, Maharashtra, India | |||
| Niksoft Technologies Private Limited | ₹53.24 Lakh (FY 2023) | Vijayawada, Andhra Pradesh, India | ||||
| Systech Infovations Private Limited | ₹53.21 Lakh (FY 2024) | 1.0% | Coimbatore, Tamil Nadu, India | |||
| Adharv Krishna Private Limited | ₹53.17 Lakh (FY 2025) | -17.0% | Hyderabad, Telangana, India | |||
| Binate IT Services Private Limitedthis company | ₹53.17 Lakh (FY 2025) | ₹1.8 Lakh | 3.4% | -4.0% | Vasai, Maharashtra, India | |
| Didactics Software Rede Private Limited | ₹53.12 Lakh (FY 2024) | 3.0% | Bangalore, Karnataka, India | |||
| Indot Solutions Private Limited | ₹53.12 Lakh (FY 2025) | -11.0% | Bhavnagar, Gujarat, India | |||
| Irisactive Communications Private Limited | ₹53.1 Lakh (FY 2025) | -10.0% | Bangalore, Karnataka, India | |||
| Advitiix Technovate Private Limited | ₹53.02 Lakh (FY 2025) | 45.0% | Bangalore, Karnataka, India | |||
| Forcefulcrum Solutions Private Limited | ₹53.02 Lakh (FY 2018) | 61.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Binate IT Services Private Limited, buy the company report.
Auditor
Binate IT Services Private Limited is audited by HARSHAL & COMPANY for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| HARSHAL & COMPANY | FY 2020 | 136481W |
Shareholding
The shareholding of Binate IT Services Private Limited is on record for FY 2020, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2020 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Binate IT Services Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Binate IT Services 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 Binate IT Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Binate IT Services has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAHCB7230P1Z9 | Maharashtra | Active | 16 Apr 2018 |
To see the full GST registrations and return filing status of Binate IT Services Private Limited, buy the company report.
Recent activity
Binate IT Services Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Jitendra Krishnakumar Bhargava was appointed as Director on 20 Mar 2018.
AGM
Binate It Services Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Binate It Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai Ii.
Appointed
Jitendra Krishnakumar Bhargava was appointed as Director.
Appointed
Sahaya Anusha Micheal Nadar was appointed as Director.
Incorporation
20 Mar 2018
Binate It Services Private Limited was registered on 20 Mar 2018 with Roc Mumbai Ii & aged 8 years 7 months as per MCA records.
Frequently asked questions
Binate IT Services is an active private limited company based in Vasai, Maharashtra, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 20 March 2018 (8+ years old) and is registered under CIN U72900MH2018PTC306826.
Binate IT Services has 2 current directors:
- Sahaya Anusha Micheal Nadar - Director
- Jitendra Krishnakumar Bhargava - Director
The latest financial statements of Binate IT Services on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Binate IT Services is 27AAHCB7230P1Z9, registered in Maharashtra.
The CIN (Corporate Identification Number) of Binate IT Services is U72900MH2018PTC306826. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Binate IT Services was incorporated on 20 March 2018, making it 8+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Binate IT Services by revenue are Rangam Software (India) Private Limited, Pezasys Private Limited, Niksoft Technologies Private Limited, Systech Infovations Private Limited, Adharv Krishna Private Limited and 5 more, all in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.).
Jitendra Krishnakumar Bhargava was appointed as Director on 20 Mar 2018. Sahaya Anusha Micheal Nadar was appointed as Director on 20 Mar 2018.
Yes, Binate IT Services is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-17-0001454).
Binate IT Services can be reached through the website binateit.com. Its registered office is in Vasai, Maharashtra, India.
The registered office of Binate IT Services is at Flat I103 Gokul Complex Ambadi Road, Dewanman Manikpur Vasai West Palghar 401202, Maharashtra, India – 401202.