Procreate Infosolutions India Limited
About Procreate Infosolutions India Limited
Data last updated:
Procreate Infosolutions India Limited is a public limited company based in Perianaickenpalayam, Tamil Nadu, India. It operates in the IT products retail and distribution segment of the technology and IT services sector. It was incorporated on 18 September 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U72200TZ2009PLC015501. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Chandrareddy Lohith (Managing Director) and Poongothai Pakkiriswamy.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at Sf.No 27/8 Ananda Nagar S.R.K.V Post, Perianaickenpalayam, Tamil Nadu, India – 641020.
As per the financials filed for FY 2018, the company reported a revenue of ₹13.35 Lakh, a decline of 28% compared to the previous year. For the same year it recorded a net loss of ₹8,114 (net margin -0.6%) and EBITDA of ₹37,285 (EBITDA margin 2.8%). Revenue has declined at a compounded annual rate (CAGR) of 65% over three years.
As per MCA filings, the company has satisfied charges of ₹30 Lakh on record.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Procreate Infosolutions India Limited's registered office is in Perianaickenpalayam, Tamil Nadu. Its e-mail address is in the company report.
- Email
- Registered AddressSf.No 27/8 Ananda Nagar S.R.K.V Post, Perianaickenpalayam, Tamil Nadu, India – 641020
- IndustryInformation Technology, IT Products Retail & Distribution
To see the full contact details of Procreate Infosolutions India 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 Procreate Infosolutions India is manufacturing. In detail, this covers computer, electronic, communication and scientific measuring & control equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C9 | Computer, electronic, Communication and scientific measuring & control equipment |
To see the full business activity and turnover split of Procreate Infosolutions India Limited, buy the company report.
Financials of Procreate Infosolutions India Limited
FY 2018 filings availableProcreate Infosolutions India Limited reported revenue of ₹13.35 Lakh (down 28% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 65% over three years, including a 28% fall in the latest year. EBITDA rose 104% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹13.35 Lakh | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹37,285 | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹8,114 | |||
| Balance Sheet | ||||
| Share Capital | ||||
| Reserves and Surplus | ||||
| Net Worth (Total Equity) | ||||
| Long-term Borrowings | ||||
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| Trade Payables | ||||
| Total Liabilities | ||||
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| Investments | ||||
| Inventories | ||||
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Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 2.8% | |||
| Net Profit Margin | -0.6% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
| Quick Ratio | ||||
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| 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 Procreate Infosolutions India Limited, buy the company report.
Board of directors of Procreate Infosolutions India Limited
Procreate Infosolutions India has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chandrareddy Lohith | Managing Director | 09 Nov 2009 | 16 Years 11 Months | Current |
| Puneeta Reddy Konda | Additional Director | 15 Jan 2016 | 10 Years 9 Months | Current |
| Poongothai Pakkiriswamy | Director | 03 Mar 2014 | 12 Years 7 Months | Current |
Auditor
Procreate Infosolutions India Limited is audited by M ALAGIRISWAMY & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M ALAGIRISWAMY & CO | FY 2018 | 006579S |
Shareholding
The shareholding of Procreate Infosolutions India Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Procreate Infosolutions India Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Aug 2010 | 10233904 | Union Bank of India | ₹30 Lakh | Satisfied |
To see the full charge records of Procreate Infosolutions India Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Procreate Infosolutions India 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 Procreate Infosolutions India Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Procreate Infosolutions India has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Procreate Infosolutions India Limited, buy the company report.
Recent activity
Procreate Infosolutions India Limited has 10 board changes on record since 2009: 3 appointments and 7 cessations. The latest: Kodikkadu Ramayyah Karthikeyan ceased to be Director on 17 Jan 2016.
3 earlier events are in the company report.
Frequently asked questions
Procreate Infosolutions India is an active public limited company based in Perianaickenpalayam, Tamil Nadu, India. The company works in IT products retail and distribution, within the information technology industry. It was incorporated on 18 September 2009 (17+ years old) and is registered under CIN U72200TZ2009PLC015501.
Procreate Infosolutions India has 3 current directors:
- Chandrareddy Lohith - Managing Director
- Puneeta Reddy Konda - Additional Director
- Poongothai Pakkiriswamy - Director
The latest financial statements of Procreate Infosolutions India on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
No. Procreate Infosolutions India has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Procreate Infosolutions India is U72200TZ2009PLC015501. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Procreate Infosolutions India was incorporated on 18 September 2009, making it 17+ years old. It is registered with the Registrar of Companies, Coimbatore.
Kodikkadu Ramayyah Karthikeyan ceased to be Director on 17 Jan 2016. Puneeta Reddy Konda was appointed as Additional Director on 15 Jan 2016. Poongothai Pakkiriswamy ceased to be Additional Director on 30 Sep 2014. Procreate Infosolutions India has 10 board changes on record in total.
The registered office of Procreate Infosolutions India is at Sf.No 278 Ananda Nagar S.R.K.V Post, Perianaickenpalayam, Tamil Nadu, India – 641020.
Procreate Infosolutions India operates in the information technology industry, in the IT products retail and distribution segment.
Procreate Infosolutions India has no open charges and satisfied charges of ₹30 Lakh as per latest MCA filings.