About Profex Resources Limited
Data last updated:
Profex Resources Limited is a public limited company based in City Taluka, Gujarat, India. It operates in the security and surveillance segment of the business services sector. It was incorporated on 29 September 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74999GJ1997PLC033082. Its GSTIN is 24AABCM0498C1ZT (Gujarat).
The company has an authorised share capital of ₹1.1 Cr and a paid-up capital of ₹1.1 Cr. It was formerly known as M.G.Foams Limited and M G Funfoods Limited. It is led by directors including Kavita Suresh Punjabi and Karankumar Suresh Punjabi.
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 City Taluka, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹14.18 Cr, a growth of 5% compared to the previous year. For the same year it recorded a net profit of ₹12.42 Lakh (net margin 0.9%) and EBITDA of ₹1.27 Cr (EBITDA margin 9%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years and 16% over five years.
The company has about 390 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Profex Resources. As per MCA filings, the company has open charges of ₹8.34 Cr and satisfied charges of ₹1.3 Cr on record. Court records list 2 cases involving the company, including 2 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website profexresources.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address401 4th Floor Aaryan Workspace – 2, Gulbai Tekra Nr. Navkar Public School, City Taluka, Gujarat, India – 380009
- IndustryBusiness Services, Security & Surveillance
- 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
- One PDF report, delivered after checkout
Business Activity of Profex Resources Limited
The main business activity of Profex Resources is support service to organizations. In detail, this covers security and investigation activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Support service to Organizations | N4 | Security and investigation 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 Profex Resources Limited FY 2025 filings available
Profex Resources Limited reported revenue of ₹14.18 Cr (up 5% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Profex Resources Limited
Revenue has grown at a compounded annual rate (CAGR) of 16% over five years, including 5% growth in the latest year. EBITDA rose 27% 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 of Profex Resources Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹1.27 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹12.42 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 of Profex Resources Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.9% | •••• | •••• | •••• | •••• |
| 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 Profex Resources 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 Profex Resources Limited
Profex Resources Limited is compared with the companies closest to it by revenue in the Business Services industry (Security Services). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| J-Star Security Private Limited | •••• | •••• | •••• | •••• | 341 | Mandi, Himachal Pradesh, India |
| Anshul Protection Services Private Limited | •••• | •••• | •••• | •••• | 573 | Lucknow, Uttar Pradesh, India |
| SRC Security Force India Private Limited | •••• | •••• | •••• | •••• | 233 | Bangalore, Karnataka, India |
| I4s Infra Security Solution Private Limited | •••• | •••• | •••• | •••• | 43 | Noida, Uttar Pradesh, India |
| Mumbai 9 Guards Private Limited | •••• | •••• | •••• | •••• | 372 | Mumbai, Maharashtra, India |
| Profex Resources Limited this company | •••• | •••• | •••• | •••• | - | City Taluka, Gujarat, India |
| B Secure Protection & Guarding Private Limited | •••• | •••• | •••• | •••• | 63 | Secunderabad, Telangana, India |
| PK Security Services Private Limited | •••• | •••• | •••• | •••• | 27 | Guwahati, Assam, India |
| Vikasa Resources Private Limited | •••• | •••• | •••• | •••• | 412 | Bangalore, Karnataka, India |
| Acme Protection Services Private Limited | •••• | •••• | •••• | •••• | - | Rajasthan, India |
| V M Guardforce Private Limited | •••• | •••• | •••• | •••• | 537 | Panvel, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Profex Resources by revenue in the Business Services industry (Security Services), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Profex Resources Limited
Profex Resources Limited is audited by RIZVANAHEMADMAHEMUDMIYASHAIKH for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| RIZVANAHEMADMAHEMUDMIYASHAIKH | 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 Profex Resources Limited
Profex Resources has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kavita Suresh Punjabi Also directs: Profex Warehousing and Logistics Private Limited | Director | 04 Dec 2006 | 19 Years 10 Months | Current |
| Karankumar Suresh Punjabi | Director | 01 Oct 2015 | 11 Years 0 Months | Current |
| Suresh Gopalbhai Punjabi | Director | 29 Sep 1997 | 29 Years 0 Months | Current |
Ownership and Shareholding of Profex Resources 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 Profex Resources Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Aug 2025 | Hdfc Bank Limited | ₹19.49 Lakh | Open |
| 14 Aug 2025 | Hdfc Bank Limited | ₹12.8 Lakh | Open |
| 10 Jul 2025 | Hdfc Bank Limited | ₹40.27 Lakh | Open |
| 04 Jun 2025 | Hdfc Bank Limited | ₹37.8 Lakh | Open |
| 28 Apr 2025 | Hdfc Bank Limited | ₹37.8 Lakh | Open |
Total charge records: 13 View all charges
Legal Cases of Profex Resources Limited
Profex Resources Limited has 2 court cases on record: 2 filed against it. All cases are disposed. Status as checked between 29 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by State of Gujarat | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by an individual | Disposed |
Full case history
All 2 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Associated Brands with Profex Resources Limited
Profex Resources operates one associated brand: Profex Resources. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Security services, housekeeping, and vehicle hiring services in India. | profexresources.com |
Employees and EPFO Compliance at Profex Resources Limited
Profex Resources Limited has a workforce of 390 employees as of Mar 22, 2024.
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.
Name History of Profex Resources Limited
Profex Resources has undergone 3 name changes throughout its history. The company was previously known as M.G.Foams Limited, M G Funfoods Limited, and M.G. Foams Limited. The current legal name is Profex Resources Limited.
| Company Name | Status |
|---|---|
| Profex Resources Limited | Current |
| M.G.Foams Limited | Previous |
| M G Funfoods Limited | Previous |
| M.G. Foams Limited | Previous |
CIN History of Profex Resources Limited
Profex Resources has one previous CIN (Corporate Identification Number): U15400GJ1997PLC033082. The current CIN is U74999GJ1997PLC033082, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74999GJ1997PLC033082 | Current |
| U15400GJ1997PLC033082 | Previous |
Recent Activity on Profex Resources Limited
Profex Resources Limited has 5 board changes on record since 1997: 3 appointments and 2 cessations. The latest: Sanya Suresh Punjabi ceased to be Director on 05 Mar 2024.
13 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Profex Resources 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 Profex Resources 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 Profex Resources 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 Profex Resources Limited
Profex Resources has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCM0498C1ZT | Gujarat | Active | 01 Jul 2017 |
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 Profex Resources 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 Profex Resources Limited
Profex Resources is an active public limited company based in City Taluka, Gujarat, India. The company works in security and surveillance, within the business services industry. It was incorporated on 29 September 1997 (29+ years old) and is registered under CIN U74999GJ1997PLC033082.
Profex Resources reported revenue of ₹14.18 Cr for FY 2025 (up 5% YoY).
Profex Resources has 3 current directors:
- Kavita Suresh Punjabi - Director
- Karankumar Suresh Punjabi - Director
- Suresh Gopalbhai Punjabi - Director
Profex Resources reported a net profit of ₹12.42 Lakh (net margin 0.9%) and EBITDA of ₹1.27 Cr (EBITDA margin 9%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Profex Resources is 21% over three years and 16% over five years. In the latest year (FY 2025) revenue rose 5%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Profex Resources is 24AABCM0498C1ZT, registered in Gujarat.
The CIN (Corporate Identification Number) of Profex Resources is U74999GJ1997PLC033082. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Profex Resources has 2 court cases on record: 2 filed against it.
Profex Resources was incorporated on 29 September 1997, making it 29+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Profex Resources by revenue are J-Star Security Private Limited, Anshul Protection Services Private Limited, SRC Security Force India Private Limited, I4s Infra Security Solution Private Limited, Mumbai 9 Guards Private Limited and 5 more, all in the Business Services industry (Security Services).
Sanya Suresh Punjabi ceased to be Director on 05 Mar 2024. Karankumar Suresh Punjabi ceased to be Additional Director on 30 Sep 2016. Karankumar Suresh Punjabi was appointed as Director on 01 Oct 2015. Profex Resources has 5 board changes on record in total.