Prowings Health Solution Private Limited

Prowings Health Solution Private Limited - pharma in Pune, Maharashtra, India. FY 2026 financials & compliance.
CIN U51909PN2018PTC178282 Incorporated 24 August 2018 ROC Pune HQ Pune, Maharashtra, India
Active Private Limited Company pharma MSME · Micro
Data last updated
Revenue · FY 2023
₹1.53 Cr
▼ 21% YoY
Net profit · FY 2023
₹78,310
Net margin 0.5%
EBITDA · FY 2023
₹3.05 Lakh
EBITDA margin 2%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
8 yrs
Est. 2018
Directors on board
4
As per MCA filings
Active GSTINs
1
GST registered

About Prowings Health Solution Private Limited

Data last updated:

Prowings Health Solution Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the pharmaceutical retail and distribution segment of the pharmaceuticals sector. It was incorporated on 24 August 2018 and has been in existence for over 8 years.

The company is registered with the Registrar of Companies (ROC), Pune, under CIN U51909PN2018PTC178282. Its GSTIN is 27AAKCP0284G1ZB (Maharashtra).

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Chandrashekar Gulabrao Ingle and Dattatraya Vishnu Shewale.

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 S.N.9 Yashwant Kharadi, Pune, Maharashtra, India – 411014.

As per the financials filed for FY 2023, the company reported a revenue of ₹1.53 Cr, a decline of 21% compared to the previous year. For the same year it recorded a net profit of ₹78,310 (net margin 0.5%) and EBITDA of ₹3.05 Lakh (EBITDA margin 2%). Revenue has declined at a compounded annual rate (CAGR) of 15% over three years.

Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.

Prowings Health Solution Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0432405). For more details, the company can be reached via its website medicopoint.in.

Company details

CIN U51909PN2018PTC178282
Registration Number 178282
Incorporation Date 24 August 2018
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
MSME Classification Micro
Udyam Registration UDYAM-MH-26-0432405

Recognitions & Rankings of Prowings Health Solution

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-MH-26-0432405

Contact details

Prowings Health Solution Private Limited's registered office is in Pune, Maharashtra. Its website is medicopoint.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    S.N.9 Yashwant Kharadi, Pune, Maharashtra, India – 411014
  • Industry
    Pharma, Pharmaceutical Retailers & Distributors

To see the full contact details of Prowings Health Solution Private Limited, buy the company report.

Comprehensive company report
Prowings Health Solution 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 Prowings Health Solution is trade. In detail, this covers retail trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG2Retail Trading

To see the full business activity and turnover split of Prowings Health Solution Private Limited, buy the company report.

Financials of Prowings Health Solution Private Limited

FY 2023 filings available

Prowings Health Solution Private Limited reported revenue of ₹1.53 Cr (down 21% YoY) for FY 2023.

Revenue · FY 2023
₹1.53 Cr ▼ 21%
Net profit · FY 2023
₹78,310 margin 0.5%
EBITDA · FY 2023
₹3.05 Lakh margin 2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 21%
3 years · compounded
▼ 15%
EBITDA CAGR growth
1 year
▼ 47%
3 years · compounded
▼ 13%

Revenue has declined at a compounded annual rate (CAGR) of 15% over three years, including a 21% fall in the latest year. EBITDA fell 47% 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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 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₹3.05 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹78,310
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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin2%
Net Profit Margin0.5%
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 Prowings Health Solution Private Limited, buy the company report.

Board of directors of Prowings Health Solution Private Limited

Prowings Health Solution has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Chandrashekar Gulabrao IngleDirector04 Dec 20187 Years 11 MonthsCurrent
Dattatraya Vishnu ShewaleDirector24 Aug 20188 Years 2 MonthsCurrent
Rajendra Thakchand KhandagaleDirector04 Dec 20187 Years 11 MonthsCurrent
Rahul Mahadev GosaviDirector24 Aug 20188 Years 2 MonthsCurrent

Auditor

Prowings Health Solution Private Limited is audited by C A MAHORE & CO for the financial year 2020.

Auditor firmFinancial yearFirm registration number
C A MAHORE & COFY 2020141986W

Shareholding

The shareholding of Prowings Health Solution Private Limited is on record for FY 2020, split between promoters, domestic institutions, public shareholders and others.

Shareholder categoryFY 2020
Promoters
Domestic institutional investors (DII)
Public
Others

To see the full shareholding pattern of Prowings Health Solution Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Prowings Health Solution Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Prowings Health Solution has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAKCP0284G1ZBMaharashtraActive21 Dec 2018

To see the full GST registrations and return filing status of Prowings Health Solution Private Limited, buy the company report.

Recent activity

Prowings Health Solution Private Limited has 8 board changes on record since 2018: 4 appointments and 4 cessations. The latest: Chandrashekar Gulabrao Ingle ceased to be Additional Director on 31 Dec 2019.

AGM
Prowings Health Solution Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Prowings Health Solution Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Pune.
Ceased
Chandrashekar Gulabrao Ingle ceased to be Additional Director.
Ceased
Mohini Santosh Bhonde ceased to be Additional Director.
Ceased
Rajendra Thakchand Khandagale ceased to be Additional Director.
Ceased
Virendra Gulabrao Ingle ceased to be Additional Director.
Appointed
Chandrashekar Gulabrao Ingle was appointed as Director.
Appointed
Rajendra Thakchand Khandagale was appointed as Director.
Appointed
Dattatraya Vishnu Shewale was appointed as Director.
Appointed
Rahul Mahadev Gosavi was appointed as Director.
Incorporation
24 Aug 2018
Prowings Health Solution Private Limited was registered on 24 Aug 2018 with Roc Pune & aged 8 years 2 months as per MCA records.

Frequently asked questions

Prowings Health Solution is an active private limited company based in Pune, Maharashtra, India. The company works in pharmaceutical retailers and distributors, within the pharma industry. It was incorporated on 24 August 2018 (8+ years old) and is registered under CIN U51909PN2018PTC178282.

Prowings Health Solution has 4 current directors:

The latest financial statements of Prowings Health Solution 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 FY 2019 are in the company report.

The GSTIN of Prowings Health Solution is 27AAKCP0284G1ZB, registered in Maharashtra.

The CIN (Corporate Identification Number) of Prowings Health Solution is U51909PN2018PTC178282. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Prowings Health Solution has 1 court case on record: 1 filed against it. 1 is pending.

Prowings Health Solution was incorporated on 24 August 2018, making it 8+ years old. It is registered with the Registrar of Companies, Pune.

Chandrashekar Gulabrao Ingle ceased to be Additional Director on 31 Dec 2019. Mohini Santosh Bhonde ceased to be Additional Director on 31 Dec 2019. Rajendra Thakchand Khandagale ceased to be Additional Director on 31 Dec 2019. Prowings Health Solution has 8 board changes on record in total.

Yes, Prowings Health Solution is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-26-0432405).

Prowings Health Solution can be reached through the website medicopoint.in. Its registered office is in Pune, Maharashtra, India.