
About Promises
Promises is a Media & Entertainment company based in India. Promises Instruments Pvt. Ltd. is engaged in distributing premium audio-visual and automation products. It operates on a Reseller / Distribution model. Its Indian entity Promises Instruments Pvt Ltd reported revenue of βΉ2.78 Cr. Promises offers products and services including Home Theatre Systems, Automation Control, and Auto Safe. Its focus areas include Technology, Consumer Electronics and Audio-Visual Equipment.
Company details
Promises Instruments Pvt. Ltd. is involved in the distribution of high-quality audio, video, automation, and security solutions. The company operates primarily in East India, with select products available nationwide. A wide range of premium brands is offered, including Sonus Faber, McIntosh, and Denon, catering to both residential and commercial clients. Tailored solutions are provided for homes, offices, conference halls, and cinema halls, ensuring integrated audio-visual systems and automation controls are implemented effectively.
- Headquarters India
- SectorsMedia & Entertainment
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- Website promises.co.in
- Legal Name Promises Instruments Pvt. Ltd.
- Date of Incorporation 17 Feb, 1995
- Jurisdiction Kolkata, West Bengal, India
- Annual Revenue₹2.78 Cr
FY 2024 · +14% YoY
- Net Profit₹65,841
FY 2024 · 0% margin
- EBITDA₹2.3 Lakh
FY 2024 · 1% margin
Associated legal entities of Promises
Promises operates through Promises Instruments Pvt Ltd (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Promises Instruments Pvt Ltd CIN U17111WB1995PTC068457 | Active | 17 Feb 1995 | Kolkata, West Bengal | ₹2.8 Cr | 3 | View details |
Products & Services of Promises
Promises offers a comprehensive portfolio of products and services, including Home Theatre Systems, Automation Control, and Auto Safe.
Customized home theatre systems are provided for immersive experiences.
Automation solutions are offered for homes and commercial spaces.
Secure locker and safe products are distributed for protection.
Board of directors of Promises Instruments Pvt Ltd (Promises)
Promises Instruments Pvt Ltd is the primary company behind Promises. The board of Promises Instruments Pvt Ltd currently have 3 directors; the longest-serving is Manoj Bhatia, appointed in 1995.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Manoj Bhatia DIN 01167397 | Director | 17 Feb 1995 | 31 yrs 8 mo | Promises Instruments Pvt Ltd |
| Shalini Bhatia DIN 01121787 | Director | 25 Jun 2007 | 19 yrs 4 mo | Promises Instruments Pvt Ltd |
| Rishabh Bhatia DIN 08351744 | Additional Director | 14 Feb 2019 | 7 yrs 8 mo | Promises Instruments Pvt Ltd |
Financials of Promises
Figures of Promises Instruments Pvt Ltd, the primary company behind Promises, for FY 2024. Revenue was ₹2.78 Cr (+14% year on year). Net profit was ₹65,841 (0% margin). EBITDA was ₹2.3 Lakh (1% margin). Revenue has grown at a compounded annual rate of +10% over three years and +2% over five years.
- ₹2.78 CrRevenue · FY 2024 · +14% YoY
- ₹65,841Net profit · 0% margin
- ₹2.3 LakhEBITDA · 1% margin
- ₹9.4 LakhPaid-up capital
- +10%Revenue CAGR, 3 years
- +2%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Promises Instruments Pvt Ltd are on its company page.
Detailed financial statements for Promises
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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- Five-year trends
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Frequently Asked Questions about Promises
Promises is headquartered in India.
The primary company behind Promises, Promises Instruments Pvt Ltd, reported revenue of βΉ2.78 Cr for FY 2024, up 14% year on year.
Promises Instruments Pvt. Ltd. is involved in the distribution of high-quality audio, video, automation, and security solutions. The company operates primarily in East India, with select products available nationwide. A wide range of premium brands is offered, including Sonus Faber, McIntosh, and Denon, catering to both residential and commercial clients. Tailored solutions are provided for homes, offices, conference halls, and cinema halls, ensuring integrated audio-visual systems and automation controls are implemented effectively.
Promises offers Home Theatre Systems, Automation Control, and Auto Safe.
Promises operates through Promises Instruments Pvt Ltd.
The legal entities of Promises currently have 3 directors, including Rishabh Bhatia, Manoj Bhatia, Shalini Bhatia.