MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2022-23)
- Udyam number
- UDYAM-KR-03-0142933
Profenster India Limited
Profenster India Limited - consumer electronics & durables in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2019
₹4.12 Cr
▼ 58% YoY
Net loss · FY 2019
₹30.95 Lakh
Net margin -7.5%
EBITDA · FY 2019
₹38.23 Lakh
EBITDA margin 9.3%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹25 Lakh
Issued & subscribed
Open charges
₹3.25 Cr
Secured borrowings
Company age
13 yrs
Est. 2013
Directors on board
3
As per MCA filings
About Profenster India Limited
Data last updated:
Profenster India Limited is a public limited company based in Bangalore, Karnataka, India. It operates in the furniture manufacturing segment of the consumer electronics and durables sector. It was incorporated on 03 December 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U25209KA2013PLC072293. Its GSTIN is 29AAHCP4743P1ZN (Karnataka).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹25 Lakh. It is led by directors including Ramesh Kumar Manmal Jain and Babulaljain Dhamayanthi Jain.
Its last annual general meeting (AGM) was held on 28 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at No 'C' 8th Floor Solus #2 1st Cross J.C.Road, Bangalore, Karnataka, India – 560027.
As per the financials filed for FY 2019, the company reported a revenue of ₹4.12 Cr, a decline of 58% compared to the previous year. For the same year it recorded a net loss of ₹30.95 Lakh (net margin -7.5%) and EBITDA of ₹38.23 Lakh (EBITDA margin 9.3%). Revenue has grown at a compounded annual rate (CAGR) of 27% over three years and 55% over five years.
As per MCA filings, the company has open charges of ₹3.25 Cr on record. Court records list 21 cases involving the company, including 1 filed by the company and 20 filed against it; 2 cases are pending.
Profenster India Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0142933). The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
CIN U25209KA2013PLC072293
Registration Number 072293
Incorporation Date 03 December 2013
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 28 September 2019
Date of Balance Sheet 31 March 2019
Compliance Status Active Non-Compliant
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0142933
Key People
Ramesh Kumar Manmal Jain Director Babulaljain Dhamayanthi Jain Additional Director Neelam Vasanthkumar Additional Director Recognitions & Rankings of Profenster India
Contact details
Profenster India Limited's registered office is in Bangalore, Karnataka. Its e-mail address is in the company report.
- Email
- Registered AddressNo 'C' 8th Floor Solus #2 1st Cross J.C.Road, Bangalore, Karnataka, India – 560027
- IndustryConsumer Electronics & Durables, Furniture Manufacturing
To see the full contact details of Profenster India Limited, buy the company report.
Comprehensive company report
Profenster India Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Profenster India is construction. In detail, this covers demolition & site preparation, electrical, plumbing & other specialized construction activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F3 | Demolition & site preparation, Electrical, plumbing & other Specialized construction Activities |
To see the full business activity and turnover split of Profenster India Limited, buy the company report.
Financials of Profenster India Limited
FY 2019 filings availableProfenster India Limited reported revenue of ₹4.12 Cr (down 58% YoY) for FY 2019.
Revenue · FY 2019
₹4.12 Cr ▼ 58%
Net loss · FY 2019
₹30.95 Lakh margin -7.5%
EBITDA · FY 2019
₹38.23 Lakh margin 9.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 58%
3 years · compounded
▼ 27%
5 years · compounded
▲ 55%
EBITDA CAGR growth
1 year
▼ 74%
3 years · compounded
▼ 27%
5 years · compounded
▲ 68%
Revenue fell 58% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 55%. EBITDA fell 74% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹4.12 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹38.23 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹30.95 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.3% | ||||
| Net Profit Margin | -7.5% | ||||
| 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 Profenster India Limited, buy the company report.
Board of directors of Profenster India Limited
Profenster India has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramesh Kumar Manmal Jain | Director | 03 Dec 2013 | 12 Years 10 Months | Current |
| Babulaljain Dhamayanthi Jain | Additional Director | 20 Jul 2022 | 4 Years 3 Months | Current |
| Neelam Vasanthkumar | Additional Director | 20 Jul 2022 | 4 Years 3 Months | Current |
Shareholding
The shareholding of Profenster India Limited is on record for FY 2019, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2019 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Profenster India Limited, buy the company report.
Charges & borrowings
Open charges
₹3.25 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Jun 2014 | 10508421 | Union Bank of India | ₹3.25 Cr | Open |
To see the full charge records of Profenster India Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Profenster India Limited has 21 court cases on record: 1 filed by Profenster India, 20 filed against it. 2 cases are pending and 19 are disposed.
Total cases
21
Filed by the company
1
Filed against the company
20
Pending
2
Disposed
19
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 20 | 20 | 1 |
| High courts | 1 | 0 | 1 |
Cases on record (5 of 21)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Writ petition | Filed by the company against Union Bank of India | Pending |
| District court, New Delhi, Delhi | Criminal case | Filed against the company by Asahi India Glass Ltd | Pending |
| District court, BENGALURU, Karnataka | Court case (Com.EX.) | Filed against the company by M/S Mccoy Silicones Limited | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by GSJ Logistics Private Limited | Disposed |
| District court, South East, Delhi | Execution petition | Filed against the company by Mccoy Silicones Limited | Disposed |
To see the full case history of Profenster India 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 Profenster India Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Profenster India Limited has 1 active EPFO establishment as of Apr 09, 2024.
Active EPFO establishments
1
GST
Profenster India has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAHCP4743P1ZN | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Profenster India Limited, buy the company report.
Recent activity
Profenster India Limited has 5 board changes on record since 2013: 3 appointments and 2 cessations. The latest: Amith Ambani ceased to be Director on 22 Jul 2022.
Ceased
Amith Ambani ceased to be Director.
Ceased
Vikram Kumar Ambani ceased to be Director.
Appointed
Babulaljain Dhamayanthi Jain was appointed as Additional Director.
Appointed
Neelam Vasanthkumar was appointed as Additional Director.
AGM
Profenster India Limited last Annual general meeting of members was held on 28 Sep 2019 as per latest MCA records.
Filing
Profenster India Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Bangalore.
Charges
A charge with Union Bank Of India of Rs. 325.00 Lakh registered on 07 Jun 2014 with Charge ID 10508421 was modified on 14 Jun 2014.
Charges
A charge with Union Bank Of India amounted to Rs. 325.00 Lakh with Charge ID 10508421 was registered on 07 Jun 2014.
Appointed
Ramesh Kumar Manmal Jain was appointed as Director.
Incorporation
03 Dec 2013
Profenster India Limited was registered on 03 Dec 2013 with Roc Bangalore & aged 12 years 10 months as per MCA records.
Frequently asked questions
Profenster India is an active public limited company based in Bangalore, Karnataka, India. The company works in furniture manufacturing, within the consumer electronics and durables industry. It was incorporated on 03 December 2013 (13+ years old) and is registered under CIN U25209KA2013PLC072293.
Profenster India has 3 current directors:
- Ramesh Kumar Manmal Jain - Director
- Babulaljain Dhamayanthi Jain - Additional Director
- Neelam Vasanthkumar - Additional Director
The latest financial statements of Profenster India on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 28 September 2019. Year-wise statements from 2015 are in the company report.
The GSTIN of Profenster India is 29AAHCP4743P1ZN, registered in Karnataka.
The CIN (Corporate Identification Number) of Profenster India is U25209KA2013PLC072293. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Profenster India has 21 court cases on record: 1 filed by the company and 20 filed against it. 2 are pending. Most are in the district courts.
Profenster India was incorporated on 03 December 2013, making it 13+ years old. It is registered with the Registrar of Companies, Bangalore.
Amith Ambani ceased to be Director on 22 Jul 2022. Vikram Kumar Ambani ceased to be Director on 22 Jul 2022. Babulaljain Dhamayanthi Jain was appointed as Additional Director on 20 Jul 2022. Profenster India has 5 board changes on record in total.
Yes, Profenster India is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0142933).
The registered office of Profenster India is at No C 8th Floor Solus #2 1st Cross J.C.Road, Bangalore, Karnataka, India – 560027.