About Prodex Technologies Private Limited
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Prodex Technologies Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 31 January 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U72200TN2007PTC062179. Its GSTIN is 33AABCI6464L1ZD (Tamil Nadu).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹12.04 Lakh. It was formerly known as Inqplex Technologies Private Limited. It is led by directors Surendra Nath Pai and Sujatha Bodapati Cherkure.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Chennai, Tamil Nadu.
As per the financials filed for FY 2024, the company reported a revenue of ₹8.87 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹84.81 Lakh (net margin -9.6%) and EBITDA of -₹53.39 Lakh (EBITDA margin -6%). Revenue has grown at a compounded annual rate (CAGR) of 375% over five years.
The company has about 79 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: ProdEx.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website prodex.in.
- EmailLocked
- TelephoneLocked
- Website
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- Registered Address47/4 (27/4) Laxmi Towers 1 Floor, Dr. Radhakrishnan Road, Chennai, Tamil Nadu, India – 600004
- IndustryInformation Technology, Application Development & Software Solutions
- 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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Business Activity of Prodex Technologies Private Limited
The main business activity of Prodex Technologies is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related 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
Verified entity values are shown only after access is granted.
Financials of Prodex Technologies Private Limited FY 2024 filings available
Prodex Technologies Private Limited reported revenue of ₹8.87 Cr (up 239978% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Prodex Technologies Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 375% over five years. 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 of Prodex Technologies Private Limited
| 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 | •••• | •••• | •••• | •••• | •••• |
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| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹53.39 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹84.81 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
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| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Prodex Technologies Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -9.6% | •••• | •••• | •••• | •••• |
| 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 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 Prodex Technologies are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Prodex Technologies Private Limited
Prodex Technologies Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Application Development). Its own revenue is ₹8.87 Cr.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Alankit Technologies Limited | ₹8.96 Cr | •••• | •••• | •••• | - | Delhi, India |
| Iotasol Technologies Private Limited | ₹8.96 Cr | •••• | •••• | •••• | - | Ludhiana, Punjab, India |
| Masthead Technologies Private Limited | ₹8.94 Cr | •••• | •••• | •••• | - | Noida, Uttar Pradesh, India |
| Citytech Software Private Limited | ₹8.93 Cr | •••• | •••• | •••• | 56 | Kolkata, West Bengal, India |
| Infomatics Services Private Limited | ₹8.88 Cr | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Prodex Technologies Private Limited this company | ₹8.87 Cr | •••• | •••• | •••• | - | Chennai, Tamil Nadu, India |
| Synaptris Software Private Limited | ₹8.86 Cr | •••• | •••• | •••• | 39 | Chennai City Corporation, Tamil Nadu, India |
| Object Edge India Services Private Limited | ₹8.86 Cr | •••• | •••• | •••• | - | Navi Mumbai, Maharashtra, India |
| One Kosmos Marketing Services Private Limited | ₹8.84 Cr | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Yrd Communication Projects Private Limited | ₹8.79 Cr | •••• | •••• | •••• | - | Hyderabad, Telangana, India |
| Snovasys Software Solutions India Private Limited | ₹8.78 Cr | •••• | •••• | •••• | - | Ongole, Andhra Pradesh, India |
Peers are the five companies nearest above and the five nearest below Prodex Technologies by revenue in the Information Technology industry (Application Development), from the latest filed financials of each company. Net profit, margin and growth of each peer are in the company report.
Auditor Details of Prodex Technologies Private Limited
Prodex Technologies Private Limited is audited by VELU MUTHU ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| VELU MUTHU ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Prodex Technologies Private Limited
Prodex Technologies has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Surendra Nath Pai | Director | 31 Jan 2007 | 19 Years 8 Months | Current |
| Sujatha Bodapati Cherkure | Director | 22 Mar 2007 | 19 Years 6 Months | Current |
Ownership and Shareholding of Prodex Technologies Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Prodex Technologies Private Limited
Prodex Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Prodex Technologies Private Limited
Employment history and EPFO contributions of people linked to Prodex Technologies.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Prodex Technologies Private Limited
Prodex Technologies Private Limited has 3 board changes on record since 2007: 2 appointments and 1 cessation. The latest: Chandra Bodapati ceased to be Director on 29 May 2023.
Credit Ratings, Litigation & Regulatory Alerts for Prodex Technologies Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Prodex Technologies Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Prodex Technologies Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Prodex Technologies Private Limited
Prodex Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AABCI6464L1ZD | Tamil Nadu | Active | 09 Aug 2023 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Prodex Technologies Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Prodex Technologies Private Limited
Prodex Technologies is an active private limited company based in Chennai, Tamil Nadu, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 31 January 2007 (19+ years old) and is registered under CIN U72200TN2007PTC062179.
Prodex Technologies reported revenue of ₹8.87 Cr for FY 2024 (up 239978% YoY).
Prodex Technologies has 2 current directors:
- Surendra Nath Pai - Director
- Sujatha Bodapati Cherkure - Director
Prodex Technologies reported a net loss of ₹84.81 Lakh (net margin -9.6%) and EBITDA of -₹53.39 Lakh (EBITDA margin -6%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Prodex Technologies is 375% over five years. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Prodex Technologies is 33AABCI6464L1ZD, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Prodex Technologies is U72200TN2007PTC062179. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Prodex Technologies was incorporated on 31 January 2007, making it 19+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Prodex Technologies by revenue are Alankit Technologies Limited, Iotasol Technologies Private Limited, Masthead Technologies Private Limited, Citytech Software Private Limited, Infomatics Services Private Limited and 5 more, all in the Information Technology industry (Application Development).
Chandra Bodapati ceased to be Director on 29 May 2023. Sujatha Bodapati Cherkure was appointed as Director on 22 Mar 2007. Surendra Nath Pai was appointed as Director on 31 Jan 2007.
Prodex Technologies can be reached through the website prodex.in. Its registered office is in Chennai, Tamil Nadu, India.