- Category
- Small (2024-25)
- Udyam number
- UDYAM-TN-02-0063615

About Promark Projects Private Limited
Data last updated:
Promark Projects Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the engineering design and consultancy segment of the engineering sector. It was incorporated on 11 April 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U74999TN2012PTC085390. Its GSTIN is 33AAGCP5574P1ZS (Tamil Nadu). The company holds 7 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors including Ilan Kumaran Muthupandian and Sudha Rathnaguru Swamy.
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 8 The Hives Cbi Colony Lakshmanan Salai Perungudi, Chennai, Tamil Nadu, India – 600096.
As per the financials filed for FY 2023, the company reported a revenue of ₹9.96 Cr, a decline of 3% compared to the previous year. For the same year it recorded a net profit of ₹10.61 Lakh (net margin 1.1%) and EBITDA of ₹39.29 Lakh (EBITDA margin 3.9%). Revenue has grown at a compounded annual rate (CAGR) of 33% over three years and 20% over five years.
The company has about 7 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1 Cr and satisfied charges of ₹65 Lakh on record. Court records list 6 cases involving the company, including 2 filed by the company and 4 filed against it; 3 cases are pending.
Promark Projects Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0063615). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website promark.in.
Recognitions & Rankings of Promark Projects
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address8 The Hives Cbi Colony Lakshmanan Salai Perungudi, Chennai, Tamil Nadu, India – 600096
- IndustryEngineering, Engineering Design & Consultancy
- 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
The main business activity of Promark Projects is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical 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
Financials of Promark Projects Private Limited
FY 2023 filings availablePromark Projects Private Limited reported revenue of ₹9.96 Cr (down 3% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue fell 3% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 20%. EBITDA rose 107% 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 2022-23 | FY 2018-19 to FY 2021-22in the company report |
|---|---|---|
| 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 | ₹39.29 Lakh | |
| Profit Before Tax | •••• | |
| Tax Expense | •••• | |
| Net Profit (PAT) | ₹10.61 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 2022-23 | FY 2018-19 to FY 2021-22in the company report |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 3.9% | |
| Net Profit Margin | 1.1% | |
| 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, and every line for FY 2018-19 to FY 2021-22, 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 Promark Projects are in the company report.
: available in the company report
Board of Directors of Promark Projects Private Limited
Promark Projects has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vandana Babujee | Additional Director | 26 Nov 2019 | 6 Years 10 Months | Current |
| Ilan Kumaran Muthupandian | Director | 11 Apr 2012 | 14 Years 6 Months | Current |
| Sudha Rathnaguru Swamy | Director | 11 Apr 2012 | 14 Years 6 Months | Current |
Auditor Details
Promark Projects Private Limited is audited by RAMANUJAM & BOOVARAHAN for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| RAMANUJAM & BOOVARAHAN | Locked | Locked | Locked |
: available in the company report
Ownership and Shareholding
: available in the company report
Charges & Borrowings
| Date | Lender | Amount | Status |
|---|---|---|---|
| 04 Mar 2020 | City Union Bank Limited | ₹1 Cr | Open |
| 03 May 2013 | Others | ₹65 Lakh | Satisfied |
Total charge records: 2 View all charges
Legal Cases
Promark Projects Private Limited has 6 court cases on record: 2 filed by Promark Projects, 4 filed against it. 3 cases are pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 4 | 3 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chennai, Tamil Nadu | Criminal case | Filed against the company by Material Point LLP Rep by Its General Manager I Revathi | Pending |
| District court, Chennai, Tamil Nadu | Criminal miscellaneous application | Filed against the company by M/S Material Point LLP | Pending |
| District court, BENGALURU, Karnataka | Criminal miscellaneous application | Filed against the company by City Union Bank Ltd | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Kotak Mahindra Bank Ltd | Disposed |
| District court, Chennai, Tamil Nadu | Civil suit | Filed by the company against individuals | Pending |
: available in 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.
Employees and EPFO Compliance
Promark Projects Private Limited has a workforce of 7 employees as of Apr 05, 2024.
: available in the company report
Recent Activity
Promark Projects Private Limited has 6 board changes on record since 2012: 3 appointments and 3 cessations. The latest: Vandana Babujee ceased to be Additional Director on 31 Aug 2021.
1 earlier event is listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts
: available in the company report
MSME Payment Delays
: available in the company report
Subsidiaries & Group Companies
: available in the company report
GST Compliance
Promark Projects has 7 GST registrations: 2 active and 5 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAGCP5574P1ZS | Tamil Nadu | Active | 01 Jul 2017 |
| 34AAGCP5574P1ZQ | Puducherry | Active | 19 Aug 2021 |
: available in the company report
MCA Filings & Documents
: available in the company report
Frequently Asked Questions
Promark Projects is an active private limited company based in Chennai, Tamil Nadu, India. The company works in engineering design and consultancy, within the engineering industry. It was incorporated on 11 April 2012 (14+ years old) and is registered under CIN U74999TN2012PTC085390.
Promark Projects has 3 current directors:
- Vandana Babujee - Additional Director
- Ilan Kumaran Muthupandian - Director
- Sudha Rathnaguru Swamy - Director
The latest financial statements of Promark Projects 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 2015 are in the company report.
The GSTIN of Promark Projects is 33AAGCP5574P1ZS, registered in Tamil Nadu. The company has 7 GST registrations in all, of which 2 are active and 5 are cancelled or inactive. Other active GSTINs include 34AAGCP5574P1ZQ (Puducherry).
The CIN (Corporate Identification Number) of Promark Projects is U74999TN2012PTC085390. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Promark Projects has 6 court cases on record: 2 filed by the company and 4 filed against it. 3 are pending.
Promark Projects was incorporated on 11 April 2012, making it 14+ years old. It is registered with the Registrar of Companies, Chennai.
Vandana Babujee ceased to be Additional Director on 31 Aug 2021. Leo Farooq ceased to be Additional Director on 29 Jul 2021. Vandana Babujee was appointed as Additional Director on 26 Nov 2019. Promark Projects has 6 board changes on record in total.
Yes, Promark Projects is registered as a small enterprise under Udyam registration (number: UDYAM-TN-02-0063615).
Promark Projects can be reached through the website promark.in. Its registered office is in Chennai, Tamil Nadu, India.