Prograce Technologies Private Limited
About Prograce Technologies Private Limited
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Prograce Technologies Private Limited is a private limited company based in Vil Vasna Chacharwadi Ta Sanand, Gujarat, India. It operates in the industrial tools and components segment of the machinery and industrial equipment sector. It was incorporated on 01 March 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29120GJ2013PTC073799. Its GSTIN is 24AAHCP0700A1ZB (Gujarat).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Mrugal Dilipbhai Sompura and Rutul Dilipbhai Sompura.
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 Plot No 32 Xcelon Industrial Park I B/H Intas Pharmaceuticals Sarkhej Bavla Road, Vil Vasna Chacharwadi Ta Sanand, Gujarat, India – 382213.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.52 Cr, a growth of 2% compared to the previous year. For the same year it recorded a net profit of ₹2.06 Lakh (net margin 1.4%) and EBITDA of ₹15.86 Lakh (EBITDA margin 10.4%). Revenue has declined at a compounded annual rate (CAGR) of 5% over three years and 5% over five years.
As per MCA filings, the company has open charges of ₹2.21 Cr and satisfied charges of ₹1.92 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressPlot No 32 Xcelon Industrial Park I B/H Intas Pharmaceuticals Sarkhej Bavla Road, Vil Vasna Chacharwadi Ta Sanand, Gujarat, India – 382213
- IndustryMachinery and Equipment, Industrial Tools & Components
- 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 Prograce Technologies Private Limited
The main business activity of Prograce Technologies is manufacturing. In detail, this covers metal and metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | 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 Prograce Technologies Private Limited FY 2024 filings available
Prograce Technologies Private Limited reported revenue of ₹1.52 Cr (up 2% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Prograce Technologies Private Limited
Revenue rose 2% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 5%. EBITDA rose 4% 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 Prograce 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 | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹15.86 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2.06 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 Prograce Technologies Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.4% | •••• | •••• | •••• | •••• |
| 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 Prograce 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 Prograce Technologies Private Limited
Prograce Technologies Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Tools and Components). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Precision Industrial Fastners (India) Private Limited | •••• | •••• | •••• | •••• | - | Rabale, Maharashtra, India |
| Um Precitech Private Limited | •••• | •••• | •••• | •••• | - | Layout, Bangalore, Karnataka, India |
| Anik Power Projects & Components Private Limited | •••• | •••• | •••• | •••• | - | Jambhivali Ambarnath, Maharashtra, India |
| Machinotech Engineering Solutions Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| KJK Polydiamonds International Private Limited | •••• | •••• | •••• | •••• | - | Chennai 600034, Tamil Nadu, India |
| Prograce Technologies Private Limited this company | •••• | •••• | •••• | •••• | - | Vil Vasna Chacharwadi Ta Sanand, Gujarat, India |
| Shrivyankatesh Industrial Innovations Private Limited | •••• | •••• | •••• | •••• | - | Pune, Maharashtra, India |
| Interlink Supermarts Private Limited | •••• | •••• | •••• | •••• | - | Pune, Maharashtra, India |
| Wintech Packaging Solution Private Limited | •••• | •••• | •••• | •••• | - | Daskroi, Gujarat, India |
| Creativemesh Private Limited | •••• | •••• | •••• | •••• | - | Lucknow, Uttar Pradesh, India |
| Vortex Baruffaldi Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Prograce Technologies by revenue in the Machinery and Equipment industry (Tools and Components), 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 Prograce Technologies Private Limited
Prograce Technologies Private Limited is audited by J. T. SHAH & CO. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| J. T. SHAH & CO. | 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 Prograce Technologies Private Limited
Prograce 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 |
|---|---|---|---|---|
| Mrugal Dilipbhai Sompura | Director | 01 Mar 2013 | 13 Years 7 Months | Current |
| Rutul Dilipbhai Sompura Also directs: Proneel Technologies Pvt Ltd | Director | 01 Mar 2013 | 13 Years 7 Months | Current |
Ownership and Shareholding of Prograce 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 Prograce Technologies Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 10 Dec 2025 | Others | ₹2.21 Cr | Open |
| 29 Mar 2024 | Others | ₹1.92 Cr | Satisfied |
Total charge records: 2 View all charges
Employees and EPFO Compliance at Prograce Technologies Private Limited
Employment history and EPFO contributions of people linked to Prograce 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 Prograce Technologies Private Limited
Prograce Technologies Private Limited has 4 board changes on record since 2013: 3 appointments and 1 cessation. The latest: Dilip Dhanjibhai Sompura ceased to be Director on 18 Oct 2014.
Credit Ratings, Litigation & Regulatory Alerts for Prograce 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 Prograce 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 Prograce 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 Prograce Technologies Private Limited
Prograce Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAHCP0700A1ZB | 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 Prograce 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 Prograce Technologies Private Limited
Prograce Technologies is an active private limited company based in Vil Vasna Chacharwadi Ta Sanand, Gujarat, India. The company works in industrial tools and components, within the machinery and equipment industry. It was incorporated on 01 March 2013 (13+ years old) and is registered under CIN U29120GJ2013PTC073799.
Prograce Technologies reported revenue of ₹1.52 Cr for FY 2024 (up 2% YoY).
Prograce Technologies has 2 current directors:
- Mrugal Dilipbhai Sompura - Director
- Rutul Dilipbhai Sompura - Director
Prograce Technologies reported a net profit of ₹2.06 Lakh (net margin 1.4%) and EBITDA of ₹15.86 Lakh (EBITDA margin 10.4%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Prograce Technologies is -5% over three years and -5% over five years. In the latest year (FY 2024) revenue rose 2%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Prograce Technologies is 24AAHCP0700A1ZB, registered in Gujarat.
The CIN (Corporate Identification Number) of Prograce Technologies is U29120GJ2013PTC073799. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Prograce Technologies was incorporated on 01 March 2013, making it 13+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Prograce Technologies by revenue are Precision Industrial Fastners (India) Private Limited, Um Precitech Private Limited, Anik Power Projects & Components Private Limited, Machinotech Engineering Solutions Private Limited, KJK Polydiamonds International Private Limited and 5 more, all in the Machinery and Equipment industry (Tools and Components).
Dilip Dhanjibhai Sompura ceased to be Director on 18 Oct 2014. Dilip Dhanjibhai Sompura was appointed as Director on 01 Mar 2013. Mrugal Dilipbhai Sompura was appointed as Director on 01 Mar 2013. Prograce Technologies has 4 board changes on record in total.
The registered office of Prograce Technologies is at Plot No 32 Xcelon Industrial Park I BH Intas Pharmaceuticals Sarkhej Bavla Road, Vil Vasna Chacharwadi Ta Sanand, Gujarat, India – 382213.