MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-KR-29-0001355
Promac Engineering Industries Limited - engineering in Kanakapura, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹253.06 Cr
▲ 52% YoY
Net profit · FY 2025
₹8.61 Cr
Net margin 3.4%
EBITDA · FY 2025
₹24.3 Cr
EBITDA margin 9.6%
Authorised capital
₹11 Cr
Registered with MCA
Paid-up capital
₹9.65 Cr
Issued & subscribed
Open charges
₹247.43 Cr
Satisfied ₹257.71 Cr
Company age
54 yrs
Est. 1972
Employees · EPFO
228
Provident fund records
About Promac Engineering Industries Limited
Data last updated:
Promac Engineering Industries Limited is a public limited company based in Kanakapura, Karnataka, India. It operates in the metal foundry and fabrication services segment of the engineering sector. It was incorporated on 18 October 1972 and has been in existence for over 54 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U24210KA1972PLC002255. Its GSTIN is 29AAACP8178R1ZD (Karnataka). The company holds 12 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹11 Cr and a paid-up capital of ₹9.65 Cr. It was formerly known as Applied Industrtal Products Private Limited. It is led by directors including Surendra Jayaram Reddy (Managing Director) and Uppili Srinivasan Jeyaraman (Whole-Time Director).
Its last annual general meeting (AGM) was held on 23 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Kanakapura, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹253.06 Cr, a growth of 52% compared to the previous year. For the same year it recorded a net profit of ₹8.61 Cr (net margin 3.4%) and EBITDA of ₹24.3 Cr (EBITDA margin 9.6%). Revenue has grown at a compounded annual rate (CAGR) of 26% over three years and 10% over five years.
The company has about 228 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Promac Engineering Industries. As per MCA filings, the company has open charges of ₹247.43 Cr and satisfied charges of ₹257.71 Cr on record. Court records list 58 cases involving the company, including 23 filed by the company and 35 filed against it; 11 cases are pending. The company has 5 deals on record (4 secondary share transfers, 1 funding round), with disclosed funding of ₹49.02 Cr; the latest was in September 2016. The company has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 1 overdue payment to 1 micro and small supplier.
Promac Engineering Industries Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-KR-29-0001355). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website promacindia.com.
Company details
CIN U24210KA1972PLC002255
Registration Number 002255
Incorporation Date 18 October 1972
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 23 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-KR-29-0001355
CIN history
Promac Engineering Industries has one previous CIN (Corporate Identification Number): U24210KA1972PTC002255. The current CIN is U24210KA1972PLC002255, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24210KA1972PLC002255 | Current |
| U24210KA1972PTC002255 | Previous |
Key People
Surendra Jayaram Reddy Managing Director Uppili Srinivasan Jeyaraman Whole-Time Director Reddy Kunal Whole-Time Director Recognitions & Rankings of Promac Engineering Industries
Contact details
Promac Engineering Industries Limited's registered office is in Kanakapura, Karnataka. Its website is promacindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No.306 307 308 309 Part And 311 Part 1, KIADB Industrial Area Harohalli 2nd Phase, Kanakapura, Karnataka, India – 562112
- IndustryEngineering, Metal Foundry & Fabrication Services, Engineering, Procurement & Construction (EPC)
To see the full contact details of Promac Engineering Industries Limited, buy the company report.
Comprehensive company report
Promac Engineering Industries 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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Brands
Promac Engineering Industries operates one associated brand: Promac Engineering Industries. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of turnkey engineering, procurement, and construction solutions for heavy engineering process plants | promacindia.com |
Business activity
The main business activities of Promac Engineering Industries are manufacturing and construction. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment and demolition & site preparation, electrical, plumbing & other specialized construction activities. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | |
| F | Construction | F3 | Demolition & site preparation, Electrical, plumbing & other Specialized construction Activities |
To see the full business activity and turnover split of Promac Engineering Industries Limited, buy the company report.
Financials of Promac Engineering Industries Limited
FY 2025 filings availablePromac Engineering Industries Limited reported revenue of ₹253.06 Cr (up 52% YoY) for FY 2025.
Revenue · FY 2025
₹253.06 Cr ▲ 52%
Net profit · FY 2025
₹8.61 Cr margin 3.4%
EBITDA · FY 2025
₹24.3 Cr margin 9.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 52%
3 years · compounded
▲ 26%
5 years · compounded
▲ 10%
EBITDA CAGR growth
1 year
▲ 20%
3 years · compounded
▲ 21%
5 years · compounded
▲ 18%
Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 52% growth in the latest year. EBITDA rose 20% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹24.3 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹8.61 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.6% | ||||
| Net Profit Margin | 3.4% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Promac Engineering Industries Limited, buy the company report.
Board of directors of Promac Engineering Industries Limited
Promac Engineering Industries has 7 current directors and 16 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Uppili Srinivasan Jeyaraman Also directs: Famak India Private Limited | Whole-Time Director | 27 Jan 2023 | 3 Years 8 Months | Current |
| Reddy Kunal Also directs: Famak India Private Limited | Whole-Time Director | 27 Jan 2023 | 3 Years 8 Months | Current |
| Surendra Jayaram Reddy | Managing Director | 01 Apr 2010 | 16 Years 6 Months | Current |
| Narayana Venkataram Babu Also directs: Minitechs Aerotools Private Limited | Director | 16 Nov 2020 | 5 Years 11 Months | Current |
| Shashank Govindraj | Whole-Time Director | 18 Mar 1996 | 30 Years 7 Months | Current |
| Vinatha Madhusudan Reddy Also directs: JSR Ventures Private Limited, Creditaccess General Insurance Limited, Avalahalli Investments Private Limited and 4 more | Director | 27 Aug 2015 | 11 Years 1 Months | Current |
Showing 6 of 7 current directors. View all directors
Auditor
Promac Engineering Industries Limited is audited by BADARI MADHUSUDHAN & SRINIVASAN for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BADARI MADHUSUDHAN & SRINIVASAN | FY 2023 | 005389S |
Shareholding
The shareholding of Promac Engineering Industries Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Promac Engineering Industries Limited, buy the company report.
Charges & borrowings
Open charges
₹247.43 Cr
Satisfied charges
₹257.71 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Aug 2025 | 101165021 | Hdfc Bank Limited | ₹43 Lakh | Open | |
| 13 Nov 2024 | 101001568 | State Bank of India | ₹30 Cr | Open | |
| 05 Jul 2024 | 100953594 | Hdfc Bank Limited | ₹68.21 Lakh | Open | |
| 08 Dec 2023 | 100848669 | Hdfc Bank Limited | ₹14 Cr | Open | |
| 19 Nov 2022 | 100671477 | Hdfc Bank Limited | ₹1 Cr | Open |
To see the full charge records of Promac Engineering Industries Limited, buy the company report.
Total charge records: 20 View all charges
Deals & funding
Promac Engineering Industries Limited has 5 deals on record (4 secondary share transfers, 1 funding round), with disclosed funding of ₹49.02 Cr; the latest was in September 2016.
Total deals
5
Secondary share transfers
4
Funding round
1
Disclosed funding
₹49.02 Cr
Deals on record (3 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2016 | Secondary share transfer | Undisclosed | Buyer: Promac Engineering Industries Ltd.-Esop Seller: Others Promac Engineering Industries Ltd. |
| Sep 2011 | Secondary share transfer | Undisclosed | Buyer: Others Promac Engineering Industries Ltd. Seller: an individual |
| Jul 2009 | Secondary share transfer | Undisclosed | Buyer: Powertec Infrastructure Private Limited , 3 individuals Seller: Others Promac Engineering Industries Ltd., 3 individuals |
To see the full deal history of Promac Engineering Industries Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Promac Engineering Industries Limited has 58 court cases on record: 23 filed by Promac Engineering Industries, 35 filed against it. 11 cases are pending and 47 are disposed.
Total cases
58
Filed by the company
23
Filed against the company
35
Pending
11
Disposed
47
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 26 | 19 | 3 |
| High courts | 25 | 11 | 6 |
| Supreme Court | 4 | 3 | 2 |
| NCLT | 2 | 1 | 0 |
| NCLAT | 1 | 1 | 0 |
Cases on record (5 of 58)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by M/S Rollwell Conveyor Pvt Ltd | Pending |
| Supreme Court | Court case | Filed by the company against Zamil Steel Buildings India Pvt Ltd | Pending |
| High Court of Delhi | Court case (O.M.P. (COMM)) | Filed by the company against Cement Corporation of India Ltd. | Pending |
| High Court of Karnataka | Writ petition | Filed by the company against M/S Rollwell Conveyor Private Limited | Pending |
| High Court of Delhi | Court case (OMP (ENF.) (COMM.)) | Filed by the company against Cement Corporation of India Limited | Pending |
To see the full case history of Promac Engineering Industries Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Promac Engineering Industries Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 1 overdue payment to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier |
To see the full MSME payment records of Promac Engineering Industries Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Promac Engineering Industries has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
1
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Famak India Private Limited | U29248DL2011FTC249895 |
To see the full group structure of Promac Engineering Industries Limited, buy the company report.
Employees & EPFO
Promac Engineering Industries Limited has a workforce of 228 employees on its EPFO records as of Sep 24, 2025, across 1 active EPFO establishment.
Employee count
228
Active EPFO establishments
1
Employee growth
2.24%
GST
Promac Engineering Industries has 12 GST registrations: 2 active and 10 cancelled or inactive.
Total GSTINs
12
Active
2
Cancelled / inactive
10
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACP8178R1ZD | Karnataka | Active | 01 Jul 2017 |
| 20AAACP8178R1ZV | Jharkhand | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Promac Engineering Industries Limited, buy the company report.
Recent activity
Promac Engineering Industries Limited has 20 board changes on record since 1996: 7 appointments and 13 cessations. The latest: Jagdish Baliram Chaudhari was appointed as Director on 06 Feb 2026.
Appointed
Jagdish Baliram Chaudhari was appointed as Director.
AGM
Promac Engineering Industries Limited last Annual general meeting of members was held on 23 Sep 2025 as per latest MCA records.
Ceased
Vivek Sudhakar Joshi ceased to be Additional Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.43 Cr with Charge ID 101165021 was registered on 12 Aug 2025.
Filing
Promac Engineering Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge with Canara Bank of Rs. 49.00 Cr registered on 20 Mar 2008 with Charge ID 10099049 was modified on 17 Feb 2025.
Charges
A charge with Hdfc Bank Limited of Rs. 65.70 Cr registered on 23 Nov 2021 with Charge ID 100516941 was modified on 08 Jan 2025.
Charges
A charge with State Bank Of India amounted to Rs. 30.00 Cr with Charge ID 101001568 was registered on 13 Nov 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.68 Cr with Charge ID 100953594 was registered on 05 Jul 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 14.00 Cr with Charge ID 100848669 was registered on 08 Dec 2023.
Ceased
Reddy Kunal ceased to be Additional Director.
Ceased
Uppili Srinivasan Jeyaraman ceased to be Additional Director.
49 earlier events are in the company report.
Frequently asked questions
Promac Engineering Industries is an active public limited company based in Kanakapura, Karnataka, India. The company works in metal foundry and fabrication services, within the engineering industry. It was incorporated on 18 October 1972 (54+ years old) and is registered under CIN U24210KA1972PLC002255.
Promac Engineering Industries has 7 current directors:
- Surendra Jayaram Reddy - Managing Director
- Uppili Srinivasan Jeyaraman - Whole-Time Director
- Reddy Kunal - Whole-Time Director
- Shashank Govindraj - Whole-Time Director
- Narayana Venkataram Babu - Director
- Vinatha Madhusudan Reddy - Director
- Jagdish Baliram Chaudhari - Director
The latest financial statements of Promac Engineering Industries on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 23 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Promac Engineering Industries is 29AAACP8178R1ZD, registered in Karnataka. The company has 12 GST registrations in all, of which 2 are active and 10 are cancelled or inactive. Other active GSTINs include 20AAACP8178R1ZV (Jharkhand).
The CIN (Corporate Identification Number) of Promac Engineering Industries is U24210KA1972PLC002255. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Promac Engineering Industries has 58 court cases on record: 23 filed by the company and 35 filed against it. 11 are pending. Most are in the district courts.
Promac Engineering Industries was incorporated on 18 October 1972, making it 54+ years old. It is registered with the Registrar of Companies, Bangalore.
Promac Engineering Industries has 5 deals on record (4 secondary share transfers, 1 funding round), with disclosed funding of ₹49.02 Cr; the latest was in September 2016.
Jagdish Baliram Chaudhari was appointed as Director on 06 Feb 2026. Vivek Sudhakar Joshi ceased to be Additional Director on 18 Aug 2025. Reddy Kunal ceased to be Additional Director on 29 Sep 2023. Promac Engineering Industries has 20 board changes on record in total.
Yes, Promac Engineering Industries is registered as an MSME under Udyam registration (number: UDYAM-KR-29-0001355).
Promac Engineering Industries has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 1 overdue payment to 1 micro and small supplier. The latest return was filed on 08 Jun 2019.