Procem Engineers (India) Private Limited
About Procem Engineers (India) Private Limited
Data last updated:
Procem Engineers (India) Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the process machinery and industrial equipment segment of the machinery and industrial equipment sector. It was incorporated on 17 January 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U29299PN1992PTC064917. Its GSTIN is 27AACCP5675P1ZN (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Vasant Anant Dubale and Medha Kaustubh Dubale.
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 Sr.No. 19/A/3B K.K Market Off – 85 Fifth Floor Dhankawadi, Pune, Maharashtra, India – 411043.
As per the financials filed for FY 2024, the company reported a revenue of ₹19.03 Lakh, a decline of 54% compared to the previous year. For the same year it recorded a net loss of ₹9.42 Lakh (net margin -49.5%) and EBITDA of -₹9.08 Lakh (EBITDA margin -47.7%). Revenue has declined at a compounded annual rate (CAGR) of 40% over three years and 21% over five years.
As per MCA filings, the company has open charges of ₹12 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Procem Engineers (India) has one previous CIN (Corporate Identification Number): U29299MH1992PTC064917. The current CIN is U29299PN1992PTC064917, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U29299PN1992PTC064917 | Current |
| U29299MH1992PTC064917 | Previous |
Contact details
Procem Engineers (India) Private Limited's registered office is in Pune, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressSr.No. 19/A/3B K.K Market Off – 85 Fifth Floor Dhankawadi, Pune, Maharashtra, India – 411043
- IndustryMachinery and Equipment, Process Machinery & Industrial Equipment
To see the full contact details of Procem Engineers (India) Private Limited, buy the company report.
- 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 Procem Engineers (India) is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Procem Engineers (India) Private Limited, buy the company report.
Financials of Procem Engineers (India) Private Limited
FY 2025 filings availableProcem Engineers (India) Private Limited reported revenue of ₹19.03 Lakh (down 54% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 21% over five years, including a 54% fall in the latest year. EBITDA fell 41% 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 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | -₹9.08 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹9.42 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 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -47.7% | ||||
| Net Profit Margin | -49.5% | ||||
| 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 Procem Engineers (India) Private Limited, buy the company report.
Board of directors of Procem Engineers (India) Private Limited
Procem Engineers (India) has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vasant Anant Dubale | Director | 17 Jan 1992 | 34 Years 9 Months | Current |
| Medha Kaustubh Dubale | Director | 20 Jul 2024 | 2 Years 3 Months | Current |
Auditor
Procem Engineers (India) Private Limited is audited by R J LAHOTI & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R J LAHOTI & CO | FY 2019 | 126503W |
Shareholding
The shareholding of Procem Engineers (India) Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Procem Engineers (India) Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Oct 2012 | 10384165 | Icici Bank Limited | ₹12 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Procem Engineers (India) 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 Procem Engineers (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Procem Engineers (India) has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCP5675P1ZN | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Procem Engineers (India) Private Limited, buy the company report.
Recent activity
Procem Engineers (India) Private Limited has 4 board changes on record since 1992: 2 appointments and 2 cessations. The latest: Medha Kaustubh Dubale ceased to be Additional Director on 29 Sep 2024.
Frequently asked questions
Procem Engineers (India) is an active private limited company based in Pune, Maharashtra, India. The company works in process machinery and industrial equipment, within the machinery and equipment industry. It was incorporated on 17 January 1992 (34+ years old) and is registered under CIN U29299PN1992PTC064917.
Procem Engineers (India) has 2 current directors:
- Vasant Anant Dubale - Director
- Medha Kaustubh Dubale - Director
The latest financial statements of Procem Engineers (India) 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 2015 are in the company report.
The GSTIN of Procem Engineers (India) is 27AACCP5675P1ZN, registered in Maharashtra.
The CIN (Corporate Identification Number) of Procem Engineers (India) is U29299PN1992PTC064917. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Procem Engineers (India) was incorporated on 17 January 1992, making it 34+ years old. It is registered with the Registrar of Companies, Pune.
Medha Kaustubh Dubale ceased to be Additional Director on 29 Sep 2024. Medha Kaustubh Dubale was appointed as Director on 20 Jul 2024. Viren Ajit Khandekar ceased to be Director on 20 Jul 2024. Procem Engineers (India) has 4 board changes on record in total.
The registered office of Procem Engineers (India) is at Sr.No. 19A3B K.K Market Off – 85 Fifth Floor Dhankawadi, Pune, Maharashtra, India – 411043.
Procem Engineers (India) operates in the machinery and equipment industry, in the process machinery and industrial equipment segment.
Procem Engineers (India) has open charges of ₹12 Lakh and no satisfied charges on record as per latest MCA filings.