About Proficient Engineering Private Limited
Data last updated:
Proficient Engineering Private Limited is a private limited company based in Aurangabad, Maharashtra, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the consumer and professional services segment of the travel and hospitality sector. It was incorporated on 02 February 1996.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U28920MH1996PTC096844.
The company has an authorised share capital of ₹2.02 Cr and a paid-up capital of ₹1 Lakh. It is led by directors including Jovita Mathias Reema (Irp/Rp/Liquidator) and Laxman Dinkar Gharge.
Its last annual general meeting (AGM) was held on 29 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office is at Twin Bunglow No. 10 Pratap Nagar New Osmanpura, Aurangabad, Maharashtra, India – 431005.
As per the financials filed for FY 2016, the company reported a revenue of ₹2.16 Lakh, a growth of 9% compared to the previous year. For the same year it recorded a net loss of ₹68,095 (net margin -31.5%) and EBITDA of -₹68,095 (EBITDA margin -31.5%).
As per MCA filings, the company has open charges of ₹27,895 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
The last known website on record is proficientengg.com.
Company details
CIN history
Proficient Engineering has one previous CIN (Corporate Identification Number): U99999MH1996PTC096844. The current CIN is U28920MH1996PTC096844, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U28920MH1996PTC096844 | Current |
| U99999MH1996PTC096844 | Previous |
Contact details
Proficient Engineering Private Limited's registered office is in Aurangabad, Maharashtra. Its website is proficientengg.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressTwin Bunglow No. 10 Pratap Nagar New Osmanpura, Aurangabad, Maharashtra, India – 431005
- IndustryTravel and Hospitality, Consumer Professional Services
To see the full contact details of Proficient Engineering 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
Financials of Proficient Engineering Private Limited
FY 2016 filings availableProficient Engineering Private Limited reported revenue of ₹2.16 Lakh (up 9% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue rose 9% in the latest year. EBITDA fell 141% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹2.16 Lakh | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | -₹68,095 | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹68,095 | |
| 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 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -31.5% | |
| Net Profit Margin | -31.5% | |
| 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 Proficient Engineering Private Limited, buy the company report.
Board of directors of Proficient Engineering Private Limited
Proficient Engineering has 4 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vinod Ramdas Chatur Also directs: Hindustan Oil Ventures Limited, Videocon Developers Limited, Ramdil Resorts Private Limited and 1 more | Additional Director | 19 Oct 2022 | 4 Years 0 Months | As last reported |
| Purushottam Dongrajkar Also directs: Hindustan Oil Ventures Limited, Videocon Developers Limited, Waluj Components Private Limited and 4 more | Additional Director | 09 Dec 2020 | 5 Years 11 Months | As last reported |
| Jovita Mathias Reema | Irp/Rp/Liquidator | 01 Jun 2023 | 3 Years 5 Months | As last reported |
| Laxman Dinkar Gharge | Director | 20 Aug 2016 | 10 Years 2 Months | As last reported |
Peer comparison
Proficient Engineering Private Limited is compared with the 10 companies closest to it by revenue in the Consumer Services industry (Professional Services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Indus Super Solution Private Limited | ₹2.19 Lakh (FY 2021) | -9.0% | Delhi, India | |||
| Alexandre Quality Management India Private Limited | ₹2.18 Lakh (FY 2023) | -98.0% | New Delhi, Delhi, India | |||
| Surging Talent Professional Services (OPC) Private Limited | ₹2.18 Lakh (FY 2025) | 423.0% | Chennai, Tamil Nadu, India | |||
| Amar Rashpal Education Consultant Private Limited | ₹2.17 Lakh (FY 2020) | Chandigarh, India | ||||
| Jagyasi Pharmaceutical Private Limited | ₹2.17 Lakh (FY 2019) | Patna, Bihar, India | ||||
| Proficient Engineering Private Limitedthis company | ₹2.16 Lakh (FY 2016) | -₹68,095 | -31.5% | 9.0% | Aurangabad, Maharashtra, India | |
| Verification Solutions Private Limited | ₹2.16 Lakh (FY 2025) | -1.0% | Mumbai, Maharashtra, India | |||
| Astashree Projects Private Limited | ₹2.16 Lakh (FY 2024) | 114.0% | Kolkata, West Bengal, India | |||
| Corprank Advice and Audit Body Private Limited | ₹2.15 Lakh (FY 2025) | Ambalapuzha, Kerala, India | ||||
| Mercuri Retail Private Limited | ₹2.15 Lakh (FY 2025) | 20450.0% | Bangalore, Karnataka, India | |||
| Bright Pines Foundation | ₹2.15 Lakh (FY 2025) | Delhi, India |
To see the full peer comparison of Proficient Engineering Private Limited, buy the company report.
Auditor
Proficient Engineering Private Limited is audited by YADKIKAR & CHANDAK for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| YADKIKAR & CHANDAK | FY 2016 | 129599W |
Shareholding
The shareholding of Proficient Engineering Private Limited is on record for 2 financial years, the latest being FY 2016, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2016 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Proficient Engineering Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Feb 2018 | 100163042 | Others | ₹2,250 Cr | Open | |
| 16 Nov 2017 | 100138968 | Syndicate Bank | ₹150 Cr | Open | |
| 28 Mar 2017 | 100147535 | Others | ₹170 Cr | Open | |
| 30 Dec 2016 | 100074674 | Others | ₹1,626 Cr | Open | |
| 08 Jun 2016 | 100056619 | Yes Bank Limited | ₹400 Cr | Open |
To see the full charge records of Proficient Engineering Private Limited, buy the company report.
Total charge records: 14 View all charges
Legal cases
Proficient Engineering Private Limited has 1 court case on record: 1 filed by Proficient Engineering. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (CSD) | Filed by the company | Disposed |
To see the full case history of Proficient Engineering 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 Proficient Engineering Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Proficient Engineering Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Proficient Engineering Private Limited has 9 board changes on record since 2011: 4 appointments and 5 cessations. The latest: Jovita Mathias Reema was appointed as Irp/Rp/Liquidator on 01 Jun 2023.
15 earlier events are in the company report.
Frequently asked questions
Proficient Engineering is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Proficient Engineering is a company under insolvency, formerly operating as a private limited company based in Aurangabad, Maharashtra, India. The company works in consumer professional services, within the travel and hospitality industry. It was incorporated on 02 February 1996 and is registered under CIN U28920MH1996PTC096844. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Proficient Engineering has 4 current directors:
- Vinod Ramdas Chatur - Additional Director
- Purushottam Dongrajkar - Additional Director
- Laxman Dinkar Gharge - Director
- Jovita Mathias Reema - Irp/Rp/Liquidator
The latest financial statements of Proficient Engineering on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 29 September 2016. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Proficient Engineering is U28920MH1996PTC096844. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Proficient Engineering has open charges of ₹27,895 Cr and no satisfied charges on record as per latest MCA filings.
Proficient Engineering has 1 court case on record: 1 filed by the company.
Proficient Engineering was incorporated on 02 February 1996. It is registered with the Registrar of Companies, Mumbai.
The peers of Proficient Engineering by revenue are Indus Super Solution Private Limited, Alexandre Quality Management India Private Limited, Surging Talent Professional Services (OPC) Private Limited, Amar Rashpal Education Consultant Private Limited, Jagyasi Pharmaceutical Private Limited and 5 more, all in the Consumer Services industry (Professional Services).
Jovita Mathias Reema was appointed as Irp/Rp/Liquidator on 01 Jun 2023. Sushil Shamkishor Mantri ceased to be Director on 19 Oct 2022. Vinod Ramdas Chatur was appointed as Additional Director on 19 Oct 2022. Proficient Engineering has 9 board changes on record in total.
Proficient Engineering can be reached through the website proficientengg.com. Its registered office is in Aurangabad, Maharashtra, India.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
