Promise Engineering Services Private Limited
About Promise Engineering Services Private Limited
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Promise Engineering Services Private Limited is a private limited company based in Thrissur, Kerala, India. It operates in the civil engineering and infrastructure segment of the construction sector. It was incorporated on 17 January 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U45202KL2019PTC056383.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors Chandran Velayudhan Thekkoottayil (Managing Director) and Kuruppamvalappil Velu Ramakrishnan.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at Xxv/806/12 2nd Floor Marva Arcade Machingal Lane, Thrissur, Kerala, India – 680001.
As per the financials filed for FY 2020, the company reported a revenue of ₹3.01 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹5.01 Lakh (net margin -166.4%) and EBITDA of -₹4.51 Lakh (EBITDA margin -149.8%).
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- Registered AddressXxv/806/12 2nd Floor Marva Arcade Machingal Lane, Thrissur, Kerala, India – 680001
- IndustryConstruction, Civil Engineering, Alteration, Construction, Complete Constructions, Repair & Maintenance
- 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 Promise Engineering Services Private Limited
The main business activity of Promise Engineering Services is construction. In detail, this covers demolition & site preparation, electrical, plumbing & other specialized construction activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | F3 | Demolition & site preparation, Electrical, plumbing & other Specialized construction 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 Promise Engineering Services Private Limited FY 2020 filings available
Promise Engineering Services Private Limited reported revenue of ₹3.01 Lakh (up 569% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR) of Promise Engineering Services Private Limited
Revenue rose 569% in the latest year. EBITDA fell 563% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Promise Engineering Services Private Limited
| Metrics | FY 2019-20 | FY 2018-19 |
|---|---|---|
| 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 | -₹4.51 Lakh | •••• |
| Profit Before Tax | •••• | •••• |
| Tax Expense | •••• | •••• |
| Net Profit (PAT) | -₹5.01 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 Promise Engineering Services Private Limited
| Metrics | FY 2019-20 | FY 2018-19 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -149.8% | •••• |
| Net Profit Margin | -166.4% | •••• |
| 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 Promise Engineering Services are in the company report.
Financial statements from FY 2019
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 Promise Engineering Services Private Limited
Promise Engineering Services Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Demolition & site preparation, Electrical, plumbing & other Specialized construction 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 |
|---|---|---|---|---|---|---|
| Osnar Paints and Contracts Private Limited | ₹3.03 Lakh (FY 2023) | •••• | •••• | -58.0% | •••• | Mumbai, Maharashtra, India |
| Sri Changalamma Parameswari Infra Private Limited | ₹3.02 Lakh (FY 2023) | •••• | •••• | •••• | Tirupati, Andhra Pradesh, India | |
| Thritiksha Interiors Private Limited | ₹3.02 Lakh (FY 2024) | •••• | •••• | •••• | Hyderabad, Telangana, India | |
| Amit Confab Private Limited | ₹3.02 Lakh (FY 2016) | •••• | •••• | -81.0% | •••• | New Delhi, Delhi, India |
| Terrain Estates Private Limited | ₹3.02 Lakh (FY 2024) | •••• | •••• | •••• | Bangalore, Karnataka, India | |
| Promise Engineering Services Private Limited this company | ₹3.01 Lakh (FY 2020) | •••• | •••• | 569.0% | •••• | Thrissur, Kerala, India |
| Nirmatru Infrastructure Private Limited | ₹3 Lakh (FY 2024) | •••• | •••• | -23.0% | •••• | Nagpur, Maharashtra, India |
| Growveo Private Limited | ₹3 Lakh (FY 2021) | •••• | •••• | •••• | Ranchi, Jharkhand, India | |
| STC Multi Services Private Limited | ₹3 Lakh (FY 2025) | •••• | •••• | •••• | Bhind, Madhya Pradesh, India | |
| Ete Infraprop Private Limited | ₹3 Lakh (FY 2018) | •••• | •••• | -86.0% | •••• | New Delhi, Delhi, India |
| Sapians Infravision Private Limited | ₹3 Lakh (FY 2024) | •••• | •••• | -85.0% | •••• | Lucknow, Uttar Pradesh, India |
Peers are the five companies nearest above and the five nearest below Promise Engineering Services by revenue in the same principal business activity (Demolition & site preparation, Electrical, plumbing & other Specialized construction Activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Promise Engineering Services Private Limited
Promise Engineering Services has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kuruppamvalappil Velu Ramakrishnan | Director | 17 Jan 2019 | 7 Years 8 Months | Current |
| Chandran Velayudhan Thekkoottayil | Managing Director | 17 Jan 2019 | 7 Years 8 Months | Current |
Charges & Borrowings of Promise Engineering Services Private Limited
Promise Engineering Services Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Promise Engineering Services Private Limited
Employment history and EPFO contributions of people linked to Promise Engineering Services.
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 Promise Engineering Services Private Limited
Promise Engineering Services Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Chandran Velayudhan Thekkoottayil was appointed as Managing Director on 17 Jan 2019.
Credit Ratings, Litigation & Regulatory Alerts for Promise Engineering Services 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 Promise Engineering Services 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 Promise Engineering Services 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 Promise Engineering Services Private Limited
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 Promise Engineering Services 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 Promise Engineering Services Private Limited
Promise Engineering Services is an active private limited company based in Thrissur, Kerala, India. The company works in civil engineering, within the construction industry. It was incorporated on 17 January 2019 (7+ years old) and is registered under CIN U45202KL2019PTC056383.
Promise Engineering Services reported revenue of ₹3.01 Lakh for FY 2020 (up 569% YoY).
Promise Engineering Services has 2 current directors:
- Chandran Velayudhan Thekkoottayil - Managing Director
- Kuruppamvalappil Velu Ramakrishnan - Director
Promise Engineering Services reported a net loss of ₹5.01 Lakh (net margin -166.4%) and EBITDA of -₹4.51 Lakh (EBITDA margin -149.8%) for FY 2020, as per its filed financial statements.
The CIN (Corporate Identification Number) of Promise Engineering Services is U45202KL2019PTC056383. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Promise Engineering Services was incorporated on 17 January 2019, making it 7+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Promise Engineering Services by revenue are Osnar Paints and Contracts Private Limited, Sri Changalamma Parameswari Infra Private Limited, Thritiksha Interiors Private Limited, Amit Confab Private Limited, Terrain Estates Private Limited and 5 more, all in the same principal business activity (Demolition & site preparation, Electrical, plumbing & other Specialized construction Activities).
Chandran Velayudhan Thekkoottayil was appointed as Managing Director on 17 Jan 2019. Kuruppamvalappil Velu Ramakrishnan was appointed as Director on 17 Jan 2019.
The registered office of Promise Engineering Services is at Xxv80612 2nd Floor Marva Arcade Machingal Lane, Thrissur, Kerala, India – 680001.
Promise Engineering Services has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹2 Lakh.
Promise Engineering Services operates in the construction industry, in the civil engineering segment.