About Proximaray Technologies Private Limited
Data last updated:
Proximaray Technologies Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the diversified business activities segment of the business services sector. It was incorporated on 08 July 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2020PTC341576.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Ram Babu Yadav and Rajendra Ganpat Rao.
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 No. 504 B Wing Ram Niwas Chsl, Thane M Corp, Maharashtra, India – 400602.
As per the financials filed for FY 2024, the company reported a revenue of ₹49.63 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹5.98 Lakh (net margin 12%) and EBITDA of ₹7.45 Lakh (EBITDA margin 15%). Revenue has grown at a compounded annual rate (CAGR) of 220% over three years.
For more details, the company can be reached via its website proximaray.com.
Company details
Contact details
Proximaray Technologies Private Limited's registered office is in Thane, Maharashtra.
- Registered AddressFlat No. 504 B Wing Ram Niwas Chsl, Thane M Corp, Maharashtra, India – 400602
- IndustryBusiness Services, Miscellaneous Business Activities, Other Services
- 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
Business activity
The main business activity of Proximaray Technologies 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 Proximaray Technologies Private Limited, buy the company report.
Financials of Proximaray Technologies Private Limited
FY 2025 filings availableProximaray Technologies Private Limited reported revenue of ₹49.63 Lakh (up 223% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 220% over three years, including 223% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| 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 | ₹7.45 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹5.98 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 15% | |||
| Net Profit Margin | 12% | |||
| 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 Proximaray Technologies Private Limited, buy the company report.
Board of directors of Proximaray Technologies Private Limited
Proximaray Technologies has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ram Babu Yadav | Director | 08 Jul 2020 | 6 Years 3 Months | Current |
| Rajendra Ganpat Rao | Director | 25 Sep 2025 | 1 Years 0 Months | Current |
Peer comparison
Proximaray Technologies Private Limited is compared with the 9 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 |
|---|---|---|---|---|---|---|
| Vertical Raisers India Private Limited | ₹49.64 Lakh (FY 2024) | 62.0% | Gurgaon, Haryana, India | |||
| Sveltech Solutions Private Limited | ₹49.64 Lakh (FY 2024) | -2.0% | Noida, Uttar Pradesh, India | |||
| Casehippo India Private Limited | ₹49.63 Lakh (FY 2025) | 3.0% | Pune, Maharashtra, India | |||
| Swahem IT Solutions (OPC) Private Limited | ₹49.63 Lakh (FY 2025) | 9.0% | Chintal, Telangana, India | |||
| Proximaray Technologies Private Limitedthis company | ₹49.63 Lakh (FY 2024) | ₹5.98 Lakh | 12% | 223.0% | Thane, Maharashtra, India | |
| HLS Igstonetec Private Limited | ₹49.63 Lakh (FY 2025) | 0.0% | Secunderabad, Telangana, India | |||
| Ebizoncloud IT Services Private Limited | ₹49.63 Lakh (FY 2018) | 106.0% | Bangalore, Karnataka, India | |||
| Cyber Law Pioneers Private Limited | ₹49.62 Lakh (FY 2025) | -9.0% | Bhopal, Madhya Pradesh, India | |||
| Kavya Infotech Private Limited | ₹49.62 Lakh (FY 2025) | 20.0% | Patna, Bihar, India | |||
| QHRM Solution Private Limited | ₹49.62 Lakh (FY 2024) | 57.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Proximaray Technologies Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Proximaray Technologies 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 Proximaray Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Proximaray Technologies Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Proximaray Technologies Private Limited has 10 board changes on record since 2020: 6 appointments and 4 cessations. The latest: Rajendra Ganpat Rao was appointed as Director on 25 Sep 2025.
1 earlier event is in the company report.
Frequently asked questions
Proximaray Technologies is an active private limited company based in Thane, Maharashtra, India. The company works in miscellaneous business activities, within the business services industry. It was incorporated on 08 July 2020 (6+ years old) and is registered under CIN U74999MH2020PTC341576.
Proximaray Technologies has 2 current directors:
- Ram Babu Yadav - Director
- Rajendra Ganpat Rao - Director
The latest financial statements of Proximaray Technologies 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 2021 are in the company report.
The CIN (Corporate Identification Number) of Proximaray Technologies is U74999MH2020PTC341576. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Proximaray Technologies was incorporated on 08 July 2020, making it 6+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Proximaray Technologies by revenue are Vertical Raisers India Private Limited, Sveltech Solutions Private Limited, Casehippo India Private Limited, Swahem IT Solutions (OPC) Private Limited, HLS Igstonetec Private Limited and 4 more, all in the same principal business activity (computer programming, consultancy and related activities).
Rajendra Ganpat Rao was appointed as Director on 25 Sep 2025. Suraj Kumar Jain ceased to be Director on 25 Sep 2025. Lakshmi Agarwal ceased to be Director on 25 Jun 2024. Proximaray Technologies has 10 board changes on record in total.
Proximaray Technologies can be reached through the website proximaray.com. Its registered office is in Thane, Maharashtra, India.
The registered office of Proximaray Technologies is at Flat No. 504 B Wing Ram Niwas Chsl, Thane M Corp, Maharashtra, India – 400602.
Proximaray Technologies operates in the business services industry, in the miscellaneous business activities segment.
Proximaray Technologies is registered under the jurisdiction of the Registrar of Companies (ROC), Mumbai.