Promark Projects Private Limited

Promark Projects Private Limited - engineering in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
CIN U74999TN2012PTC085390 Incorporated 11 April 2012 ROC Chennai HQ Chennai, Tamil Nadu, India
Active Private Limited Company engineering MSME · Small
Data last updated
Revenue · FY 2023
₹9.96 Cr
▼ 3% YoY
Net profit · FY 2023
₹10.61 Lakh
Net margin 1.1%
EBITDA · FY 2023
₹39.29 Lakh
EBITDA margin 3.9%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹2 Lakh
Issued & subscribed
Open charges
₹1 Cr
Satisfied ₹65 Lakh
Company age
14 yrs
Est. 2012
Employees · EPFO
7
Provident fund records

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.

Company Details of Promark Projects Private Limited
CIN U74999TN2012PTC085390
Registration Number 085390
Incorporation Date 11 April 2012
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-TN-02-0063615

Recognitions & Rankings of Promark Projects

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-TN-02-0063615
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
  • Social Media
    Locked
  • Registered Address
    8 The Hives Cbi Colony Lakshmanan Salai Perungudi, Chennai, Tamil Nadu, India – 600096
  • Industry
    Engineering, Engineering Design & Consultancy
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Financials, compliance, directors, charges, ownership and filings for Promark Projects Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

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 CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
MProfessional, Scientific and TechnicalM9Other professional, scientific and technical activitiesLocked
Premium access

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 available

Promark Projects Private Limited reported revenue of ₹9.96 Cr (down 3% YoY) for FY 2023.

Revenue · FY 2023
₹9.96 Cr ▼ 3%
Net profit · FY 2023
₹10.61 Lakh margin 1.1%
EBITDA · FY 2023
₹39.29 Lakh margin 3.9%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 3%
3 years · compounded
▲ 33%
5 years · compounded
▲ 20%
EBITDA CAGR growth
1 year
▲ 107%
3 years · compounded
▼ 7%
5 years · compounded
▼ 1%

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

MetricsFY 2022-23FY 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

MetricsFY 2022-23FY 2018-19 to FY 2021-22in the company report
Profitability
EBITDA Margin3.9%
Net Profit Margin1.1%
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.

Financial statements from 2015: 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.

Current Directors
NameDesignationAppointment DateTenureStatus
Vandana BabujeeAdditional Director26 Nov 20196 Years 10 MonthsCurrent
Ilan Kumaran MuthupandianDirector11 Apr 201214 Years 6 MonthsCurrent
Sudha Rathnaguru SwamyDirector11 Apr 201214 Years 6 MonthsCurrent

Auditor Details

Promark Projects Private Limited is audited by RAMANUJAM & BOOVARAHAN for the financial year 2022.

NameStatusAppointment DateCessation Date
RAMANUJAM & BOOVARAHANLockedLockedLocked

Complete auditor history: available in the company report

Ownership and Shareholding

Shareholding and ownership data: available in the company report

Charges & Borrowings

Open charges
₹1 Cr
Satisfied charges
₹65 Lakh
Breakdown by lending institutions
City Union Bank Limited₹1.00 Cr
Latest charge details
DateLenderAmountStatus
04 Mar 2020City Union Bank Limited₹1 CrOpen
03 May 2013Others₹65 LakhSatisfied

Total charge records: 2 View all charges

Employees and EPFO Compliance

Promark Projects Private Limited has a workforce of 7 employees as of Apr 05, 2024.

Employee count
7
Active EPFO establishments
1
Employee growth
-22.22%

Employee and EPFO history: 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.

AGM
Promark Projects Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Promark Projects Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.
Ceased
Vandana Babujee ceased to be Additional Director.
Ceased
Leo Farooq ceased to be Additional Director.
Charges
A charge registered on 03 May 2013 via Charge ID 10610366 with Others was fully satisfied on 28 Apr 2020.
Charges
A charge with City Union Bank Limited amounted to Rs. 100.00 Lakh with Charge ID 100336619 was registered on 04 Mar 2020.
Appointed
Vandana Babujee was appointed as Additional Director.
Ceased
Vijay Ramasamy Poongavanam ceased to be Director.
Charges
A charge with Others of Rs. 65.00 Lakh registered on 03 May 2013 with Charge ID 10610366 was modified on 04 Jun 2014.
Charges
A charge with Others amounted to Rs. 65.00 Lakh with Charge ID 10610366 was registered on 03 May 2013.
Appointed
Ilan Kumaran Muthupandian was appointed as Director.
Appointed
Sudha Rathnaguru Swamy was appointed as Director.

1 earlier event is listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts

Credit ratings, litigation, and regulatory alerts: available in the company report

MSME Payment Delays

MSME payment history: available in the company report

Subsidiaries & Group Companies

Corporate group structure: available in the company report

GST Compliance

Promark Projects has 7 GST registrations: 2 active and 5 cancelled or inactive.

Total GSTINs
7
Active
2
Cancelled / inactive
5
GSTINStateStatusRegistered on
33AAGCP5574P1ZSTamil NaduActive01 Jul 2017
34AAGCP5574P1ZQPuducherryActive19 Aug 2021

GST registrations and filing compliance: available in the company report

MCA Filings & Documents

MCA filings and 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:

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.

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