- Category
- Small (2024-25)
- Udyam number
- UDYAM-TN-02-0008772

About Productivity Solutions Private Limited
Data last updated:
Productivity Solutions Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the industrial products retail and distribution segment of the machinery and industrial equipment sector. It was incorporated on 11 April 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U23109TN2018PTC122041. Its GSTIN is 33AAJCP8065G1Z8 (Tamil Nadu). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹2.5 Cr. It is led by directors Kannan Prabhu Shriram and Prema Kannan.
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 39/20 3rd Circular Road Jawahar Nagar, Chennai, Tamil Nadu, India – 600082.
As per the financials filed for FY 2025, the company reported a revenue of ₹63.35 Cr, a growth of 8% compared to the previous year. For the same year it recorded a net profit of ₹1.03 Cr (net margin 1.6%) and EBITDA of ₹3.06 Cr (EBITDA margin 4.8%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 24% over five years.
The company has about 65 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹15.32 Cr on record. Court records list 6 cases involving the company, including 6 filed by the company; 3 cases are pending.
Productivity Solutions Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0008772). For more details, the company can be reached via its website prosol.in.
Company details
Recognitions & Rankings of Productivity Solutions
Contact details
Productivity Solutions Private Limited's registered office is in Chennai, Tamil Nadu. Its website is prosol.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address39/20 3rd Circular Road Jawahar Nagar, Chennai, Tamil Nadu, India – 600082
- IndustryMachinery and Equipment, Industrial Products Retail & Distribution
To see the full contact details of Productivity Solutions 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 Productivity Solutions is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Productivity Solutions Private Limited, buy the company report.
Financials of Productivity Solutions Private Limited
FY 2024 filings availableProductivity Solutions Private Limited reported revenue of ₹63.35 Cr (up 8% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 24% over five years, including 8% growth in the latest year. EBITDA rose 13% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹3.06 Cr | ||||
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| Net Profit (PAT) | ₹1.03 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 4.8% | ||||
| Net Profit Margin | 1.6% | ||||
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To see the full financial statements and ratios of Productivity Solutions Private Limited, buy the company report.
Board of directors of Productivity Solutions Private Limited
Productivity Solutions has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kannan Prabhu Shriram | Director | 11 Apr 2018 | 8 Years 6 Months | Current |
| Prema Kannan | Director | 11 Apr 2018 | 8 Years 6 Months | Current |
Peer comparison
Productivity Solutions Private Limited is compared with the 7 companies closest to it by revenue in the Machinery and Equipment industry (Chemical Retail and Distribution, Industrial Products Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Teknirvana Tradelink Private Limited | ₹63.49 Cr (FY 2024) | 57.0% | Ahmedabad, Gujarat, India | |||
| Jayesh Industrial Suppliers Private Limited | ₹63.41 Cr (FY 2024) | -5.0% | Kolkata, West Bengal, India | |||
| J Parsad and Company Private Limited | ₹63.35 Cr (FY 2018) | 0.0% | Delhi, India | |||
| Productivity Solutions Private Limitedthis company | ₹63.35 Cr (FY 2025) | ₹1.03 Cr | 1.6% | 8.0% | 65 | Chennai, Tamil Nadu, India |
| Punjab Distributors Private Limited | ₹63.31 Cr (FY 2024) | 4.0% | New Delhi, Delhi, India | |||
| Powerparts Private Limited | ₹63.12 Cr (FY 2025) | 11.0% | Gurgaon, Haryana, India | |||
| Liberty Exports Private Limited | ₹63.08 Cr (FY 2025) | -3.0% | Mumbai, Maharashtra, India | |||
| Petrotech Chemica Private Limited | ₹62.9 Cr (FY 2025) | -4.0% | Pardi, Gujarat, India |
To see the full peer comparison of Productivity Solutions Private Limited, buy the company report.
Auditor
Productivity Solutions Private Limited is audited by B P R V & CO LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B P R V & CO LLP | FY 2023 | S000087 |
Shareholding
The shareholding of Productivity Solutions Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Productivity Solutions Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Jun 2021 | 100456937 | Hdfc Bank Limited | ₹34.5 Lakh | Open | |
| 01 Jun 2020 | 100353521 | State Bank of India | ₹14.97 Cr | Open |
To see the full charge records of Productivity Solutions Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Productivity Solutions Private Limited has 6 court cases on record: 6 filed by Productivity Solutions. 3 cases are pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 0 | 3 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Tiruvallur, Tamil Nadu | Civil suit | Filed by the company against Palar Paper Mills Limited, Rep by Managing Director | Pending |
| District court, Tiruvallur, Tamil Nadu | Civil suit | Filed by the company against an individual | Pending |
| District court, Tiruvallur, Tamil Nadu | Civil suit | Filed by the company against Chegu Imprerium Private Limited, Rep. by Its Managing Director, Prudhvee Chegu | Pending |
| District court, Tiruvallur, Tamil Nadu | Civil suit | Filed by the company against M/S.Vensel Enterprises Private Limited Rep.By Its Director and 2 others | Disposed |
| District court, Tiruvallur, Tamil Nadu | Civil suit | Filed by the company against an individual | Disposed |
To see the full case history of Productivity Solutions Private Limited, buy 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Productivity Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Productivity Solutions Private Limited has a workforce of 65 employees on its EPFO records as of Apr 03, 2024, across 1 active EPFO establishment.
GST
Productivity Solutions has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAJCP8065G1Z8 | Tamil Nadu | Active | 02 May 2018 |
| 34AAJCP8065G1Z6 | Puducherry | Active | 21 Apr 2022 |
To see the full GST registrations and return filing status of Productivity Solutions Private Limited, buy the company report.
Recent activity
Productivity Solutions Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Kannan Prabhu Shriram was appointed as Director on 11 Apr 2018.
Frequently asked questions
Productivity Solutions is an active private limited company based in Chennai, Tamil Nadu, India. The company works in industrial products retail and distribution, within the machinery and equipment industry. It was incorporated on 11 April 2018 (8+ years old) and is registered under CIN U23109TN2018PTC122041.
Productivity Solutions has 2 current directors:
- Kannan Prabhu Shriram - Director
- Prema Kannan - Director
The latest financial statements of Productivity Solutions on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Productivity Solutions is 33AAJCP8065G1Z8, registered in Tamil Nadu. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 34AAJCP8065G1Z6 (Puducherry).
The CIN (Corporate Identification Number) of Productivity Solutions is U23109TN2018PTC122041. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Productivity Solutions has 6 court cases on record: 6 filed by the company. 3 are pending.
Productivity Solutions was incorporated on 11 April 2018, making it 8+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Productivity Solutions by revenue are Teknirvana Tradelink Private Limited, Jayesh Industrial Suppliers Private Limited, J Parsad and Company Private Limited, Punjab Distributors Private Limited, Powerparts Private Limited and 2 more, all in the Machinery and Equipment industry (Chemical Retail and Distribution, Industrial Products Retail and Distribution), with the same principal business activity (wholesale trading).
Kannan Prabhu Shriram was appointed as Director on 11 Apr 2018. Prema Kannan was appointed as Director on 11 Apr 2018.
Yes, Productivity Solutions is registered as a small enterprise under Udyam registration (number: UDYAM-TN-02-0008772).
Productivity Solutions can be reached through the website prosol.in. Its registered office is in Chennai, Tamil Nadu, India.