Proline Machines Private Limited
About Proline Machines Private Limited
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Proline Machines Private Limited was a private limited company based in Pune, Maharashtra, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the manufacturing segment of the industrial manufacturing sector. It was incorporated on 25 November 2011.
The company was registered with the Registrar of Companies (ROC), Pune, under CIN U29253PN2011PTC141474. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹20 Lakh and a paid-up capital of ₹19.73 Lakh. It was led by directors Pradeep Shripal Bhalwankar and Sanchita Pradeep Bhalwankar.
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at 1123/B Model Colony Above Sangli Bank Shivajinagar, Pune, Maharashtra, India – 411016.
As per the financials filed for FY 2017, the company reported a revenue of ₹10,349, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹85,713 and EBITDA of -₹85,713.
Company details
Contact details
Proline Machines Private Limited's registered office is in Pune, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address1123/B Model Colony Above Sangli Bank Shivajinagar, Pune, Maharashtra, India – 411016
- IndustryIndustrial Manufacturing, Manufacturing, Special Purpose Machinery
To see the full contact details of Proline Machines 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
Financials of Proline Machines Private Limited
FY 2017 filings availableProline Machines Private Limited reported revenue of ₹10,349 (up 207% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue rose 207% in the latest year. EBITDA rose 8% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹10,349 | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹85,713 | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹85,713 | ||
| 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | |||
| Net Profit Margin | |||
| 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 Proline Machines Private Limited, buy the company report.
Board of directors of Proline Machines Private Limited
Proline Machines 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 |
|---|---|---|---|---|
| Pradeep Shripal Bhalwankar Also directs: Twin Engineers Private Limited | Director | 25 Nov 2011 | 14 Years 11 Months | As last reported |
| Sanchita Pradeep Bhalwankar Also directs: Twin Engineers Private Limited | Additional Director | 15 Jun 2017 | 9 Years 4 Months | As last reported |
Auditor
Proline Machines Private Limited is audited by C.J. Kulkarni & Co. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| C.J. Kulkarni & Co. | FY 2017 | 105416W |
Shareholding
The shareholding of Proline Machines Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Proline Machines Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Proline Machines 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 Proline Machines Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Proline Machines has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Proline Machines Private Limited, buy the company report.
Recent activity
Proline Machines Private Limited has 3 board changes on record since 2011: 2 appointments and 1 cessation. The latest: Sanchita Pradeep Bhalwankar was appointed as Additional Director on 15 Jun 2017.
Frequently asked questions
Proline Machines has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Proline Machines was a private limited company based in Pune, Maharashtra, India. The company worked in manufacturing, within the industrial manufacturing industry. It was incorporated on 25 November 2011 and is registered under CIN U29253PN2011PTC141474. The company has been struck off by the Registrar of Companies and is no longer operational.
Proline Machines had 2 directors:
- Pradeep Shripal Bhalwankar - Director
- Sanchita Pradeep Bhalwankar - Additional Director
The CIN (Corporate Identification Number) of Proline Machines is U29253PN2011PTC141474. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Proline Machines is at 1123B Model Colony Above Sangli Bank Shivajinagar, Pune, Maharashtra, India – 411016.
Proline Machines was incorporated on 25 November 2011. It is registered with the Registrar of Companies, Pune.
The latest financial statements of Proline Machines on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 September 2017. Year-wise statements from 2015 are in the company report.
No. Proline Machines has 1 GST registration on record and it is cancelled or inactive.
Proline Machines operated in the industrial manufacturing industry, in the manufacturing segment. It worked in this industry before it was struck off.
Sanchita Pradeep Bhalwankar was appointed as Additional Director on 15 Jun 2017. Vinode Parasram Ramnauth ceased to be Director on 15 Jun 2017. Pradeep Shripal Bhalwankar was appointed as Director on 25 Nov 2011.
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