Proline India Limited - fashion and textile in Mumbai, Maharashtra, India. Directors, charges & compliance details.
CIN U36930MH1984PTC033670 Incorporated 06 August 1984 ROC Mumbai HQ Mumbai, Maharashtra, India
Merged Private Limited Company fashion and textile
Data last updated
Revenue · FY 2020
₹86.16 Cr
▲ 5% YoY
Net profit · FY 2020
₹4.25 Cr
Net margin 4.9%
EBITDA · FY 2020
₹8.39 Cr
EBITDA margin 9.7%
Authorised capital
₹3.5 Cr
Registered with MCA
Paid-up capital
₹1.97 Cr
Issued & subscribed
Satisfied charges
₹11.84 Cr
No open charges
Company age
42 yrs
Est. 1984
Employees · EPFO
99
Provident fund records

About Proline India Limited

Data last updated:

Proline India Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the designer and branded fashion segment of the fashion and textiles sector. It was incorporated on 06 August 1984.

The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U36930MH1984PTC033670. Its GSTIN is 27AAACP7918H1Z8 (Maharashtra). The company held 7 GST registrations, of which 5 are active.

The company had an authorised share capital of ₹3.5 Cr and a paid-up capital of ₹1.97 Cr. It was led by directors including Sandeep Anand Mukim (Managing Director) and Rajiv Kumar Batra.

Its last annual general meeting (AGM) was held on 18 September 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at Mumbai, Maharashtra.

As per the financials filed for FY 2020, the company reported a revenue of ₹86.16 Cr, a growth of 5% compared to the previous year. For the same year it recorded a net profit of ₹4.25 Cr (net margin 4.9%) and EBITDA of ₹8.39 Cr (EBITDA margin 9.7%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 6% over five years.

The company had about 99 employees on its provident fund (EPFO) records before it was dissolved.

The company was associated with 1 brand: Proline India. As per MCA filings, the company had satisfied charges of ₹11.84 Cr on record. Court records list 16 cases involving the company, including 8 filed by the company and 6 filed against it; 3 cases are pending.

The last known website on record is prolineindia.com.

Company Details of Proline India Limited
CIN U36930MH1984PTC033670
Registration Number 033670
Incorporation Date 06 August 1984
ROC Mumbai
Listing Status Unlisted
Company Status Amalgamated
Date of Last AGM 18 September 2020
Date of Balance Sheet 31 March 2020
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
  • Registered Address
    11th Floor 1112 Hubtown Solaris N.S. Phadke Marg Sai Wadi Nr. Flyover Bridge Andheri (E, ) – 400 069, Mumbai, Maharashtra, India – 400069
  • Industry
    Fashion and Textile, Designer & Branded Fashion
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Financials, compliance, directors, charges, ownership and filings for Proline India Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Business Activity of Proline India Limited

The main business activity of Proline India is trade. In detail, this covers retail trading.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
GTradeG2Retail TradingLocked
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Business activity turnover details

Turnover share and past changes in activity are in the company report.

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Financials of Proline India Limited FY 2020 filings available

Proline India Limited reported revenue of ₹86.16 Cr (up 5% YoY) for FY 2020.

Revenue · FY 2020
₹86.16 Cr ▲ 5%
Net profit · FY 2020
₹4.25 Cr margin 4.9%
EBITDA · FY 2020
₹8.39 Cr margin 9.7%

Compounded Annual Growth Rate (CAGR) of Proline India Limited

Revenue CAGR growth
1 year
▲ 5%
3 years · compounded
▲ 13%
5 years · compounded
▲ 6%
EBITDA CAGR growth
1 year
▼ 11%
3 years · compounded
▲ 43%
5 years · compounded
▲ 13%

Revenue has grown at a compounded annual rate (CAGR) of 6% over five years, including 5% growth in the latest year. EBITDA fell 11% 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 Proline India Limited

MetricsFY 2019-20FY 2018-19FY 2017-18FY 2016-17FY 2015-16
Profit and Loss Statement
Revenue from Operations••••••••••••••••••••
Other Income••••••••••••••••••••
Total Revenue₹86.16 Cr••••••••••••••••
Cost of Materials Consumed••••••••••••••••••••
Employee Benefit Expense••••••••••••••••••••
Finance Costs••••••••••••••••••••
Depreciation and Amortisation••••••••••••••••••••
Other Expenses••••••••••••••••••••
Total Expenses••••••••••••••••••••
EBITDA₹8.39 Cr••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)₹4.25 Cr••••••••••••••••
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 Proline India Limited

MetricsFY 2019-20FY 2018-19FY 2017-18FY 2016-17FY 2015-16
Profitability
EBITDA Margin9.7%••••••••••••••••
Net Profit Margin4.9%••••••••••••••••
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 Proline India are in the company report.

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Financial statements from 2015

Earlier years and trend charts are in the company report.

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Peer Comparison of Proline India Limited

Proline India Limited is compared with the companies closest to it by revenue in the Apparel industry (Apparel, Branded Wear). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Bafna Clothing Company Private Limited₹89.94 Cr (FY 2025)••••••••-7.0%••••Bangalore, Karnataka, India
G & J Exim Private Limited₹89.16 Cr (FY 2018)••••••••-24.0%••••New Delhi, Delhi, India
Hylex Fashion Private Limited₹88.51 Cr (FY 2025)••••••••-4.0%••••Tirupur, Tamil Nadu, India
Markrich Apparel Private Limited₹88.36 Cr (FY 2024)••••••••484.0%••••Mumbai, Maharashtra, India
Annu Polyesters Private Limited₹86.3 Cr (FY 2018)••••••••13.0%••••Surat, Gujarat, India
Proline India Limited this company₹86.16 Cr (FY 2020)••••••••5.0%••••Mumbai, Maharashtra, India
Cannon Industries Private Limited₹84.06 Cr (FY 2020)••••••••-34.0%••••Mumbai, Maharashtra, India
Ahill Apparel Exports Private Limited₹82.3 Cr (FY 2024)••••••••-33.0%••••Tirupur, Tamil Nadu, India
Unik Bazar Limited₹81.31 Cr (FY 2020)••••••••-11.0%••••Delhi, India
Pulimoottil Silks and Sarees Private Limited₹80.32 Cr (FY 2025)••••••••32.0%••••Thiruvalla, Kerala, India
Jayashima Enterprises India Private Limited₹79.67 Cr (FY 2025)••••••••116.0%••••Tiruppur, Tamil Nadu, India

Peers are the five companies nearest above and the five nearest below Proline India by revenue in the Apparel industry (Apparel, Branded Wear), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.

Auditor Details of Proline India Limited

Proline India Limited is audited by M R JAYAPRAKASH & ASSOCIATES for the financial year 2020.

NameStatusAppointment DateCessation Date
M R JAYAPRAKASH & ASSOCIATESLockedLockedLocked
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Appointment and cessation dates and past auditor changes are in the company report.

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Board of Directors of Proline India Limited

Proline India has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Sandeep Anand MukimManaging Director01 Nov 20178 Years 11 MonthsAs last reported
Rajiv Kumar BatraDirector06 Aug 198442 Years 2 MonthsAs last reported
Mahalingam Narayanaswami RamachandranDirector04 Aug 199828 Years 2 MonthsAs last reported
Rajesh Kumar BatraDirector06 Aug 198442 Years 2 MonthsAs last reported

Ownership and Shareholding of Proline India Limited

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Charges & Borrowings of Proline India Limited

Open charges
None
Satisfied charges
₹11.84 Cr
Breakdown by lending institutions
The Bank of Nova Scotia₹3.26 Cr
The Saraswat Co-Operative Bank Ltd.₹2.81 Cr
Uti Bank Limited₹2.75 Cr
The Saraswat Co-Operative Bank Limited₹2.00 Cr
The Bank of Scotia₹0.70 Cr
Others₹0.33 Cr
Latest charge details
DateLenderAmountStatus
18 Sep 2014The Saraswat Co-Operative Bank Limited₹2 CrSatisfied
11 Feb 2013The Saraswat Co-Op Bank Limited₹12.5 LakhSatisfied
29 Dec 2001The Saraswat Co-Operative Bank Ltd.₹2.25 CrSatisfied
19 Feb 1999The Saraswat Co-Operative Bank Ltd.₹5.66 LakhSatisfied
06 Feb 1999The Saraswat Co-Operative Bank Ltd.₹7.1 LakhSatisfied

Total charge records: 26 View all charges

Associated Brands with Proline India Limited

Proline India operates one associated brand: Proline India. Each brand links to its own profile.

BrandDescriptionWebsite
Internet first brand of casual and apparel for men and womenprolineindia.com

Employees and EPFO Compliance at Proline India Limited

Proline India Limited has a workforce of 99 employees as of Mar 28, 2024.

Employee count
99
Active EPFO establishments
1
Employee growth
-10.81%
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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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CIN History of Proline India Limited

Proline India has one previous CIN (Corporate Identification Number): U36930MH2004PTC033670. The current CIN is U36930MH1984PTC033670, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U36930MH1984PTC033670Current
U36930MH2004PTC033670Previous

News related to Proline India Limited

Recent Activity on Proline India Limited

Proline India Limited has 6 board changes on record since 1984: 4 appointments and 2 cessations. The latest: Sandeep Anand Mukim was appointed as Managing Director on 01 Nov 2017.

Charges
A charge registered on 18 Sep 2014 via Charge ID 10525572 with The Saraswat Co-Operative Bank Limited was fully satisfied on 17 May 2021.
Charges
A charge registered on 11 Feb 2013 via Charge ID 10415617 with The Saraswat Co-Op Bank Limited was fully satisfied on 17 May 2021.
Charges
A charge registered on 19 Feb 1999 via Charge ID 90218233 with The Saraswat Co-Operative Bank Ltd. was fully satisfied on 17 May 2021.
Charges
A charge registered on 06 Feb 1999 via Charge ID 90218230 with The Saraswat Co-Operative Bank Ltd. was fully satisfied on 17 May 2021.
Charges
A charge registered on 11 Aug 1993 via Charge ID 90217699 with The Saraswat Co-Op. Bank Ltd. was fully satisfied on 17 May 2021.
Charges
A charge registered on 26 Jul 1989 via Charge ID 90217327 with The Saraswat Co-Operative Bank Ltd. was fully satisfied on 17 May 2021.
Charges
A charge registered on 24 Jun 1987 via Charge ID 90217139 with The Saraswat Co-Operative Bank Ltd. was fully satisfied on 17 May 2021.
Charges
A charge registered on 11 Jun 1987 via Charge ID 90217134 with The Saraswat Co-Operative Bank Ltd. was fully satisfied on 17 May 2021.
Charges
A charge registered on 11 May 1987 via Charge ID 90217132 with The Saraswat Co-Op. Bank Ltd. was fully satisfied on 17 May 2021.
Charges
A charge registered on 11 May 1987 via Charge ID 90219934 with The Saraswat Co-Operative Bank Ltd. was fully satisfied on 17 May 2021.
Charges
A charge registered on 05 Feb 1985 via Charge ID 90216963 with The Saraswat Co-Operative Bank Ltd. was fully satisfied on 17 May 2021.
AGM
Proline India Limited last Annual general meeting of members was held on 18 Sep 2020 as per latest MCA records.

57 earlier events are listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for Proline India Limited

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MSME Payment Delays by Proline India Limited

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Subsidiaries & Group Companies of Proline India Limited

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Corporate group structure

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GST Compliance of Proline India Limited

Proline India has 7 GST registrations: 5 active and 2 cancelled or inactive. The first 4 active GSTINs are listed below.

Total GSTINs
7
Active
5
Cancelled / inactive
2
GSTINStateStatusRegistered on
27AAACP7918H1Z8MaharashtraActive01 Jul 2017
29AAACP7918H1Z4KarnatakaActive01 Jul 2017
36AAACP7918H1Z9TelanganaActive01 Jul 2017
07AAACP7918H1ZADelhiActive28 May 2018
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GST registrations and filing compliance

State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.

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MCA Filings & Documents of Proline India Limited

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Frequently Asked Questions about Proline India Limited

Proline India has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.

Proline India was a private limited company based in Mumbai, Maharashtra, India. The company worked in designer and branded fashion, within the fashion and textile industry. It was incorporated on 06 August 1984 and is registered under CIN U36930MH1984PTC033670. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.

Proline India was incorporated on 06 August 1984. It is registered with the Registrar of Companies, Mumbai.

Proline India had 4 directors:

The CIN (Corporate Identification Number) of Proline India is U36930MH1984PTC033670. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

The registered office of Proline India is at 11th Floor 1112 Hubtown Solaris N.S. Phadke Marg Sai Wadi Nr. Flyover Bridge Andheri E, – 400 069, Mumbai, Maharashtra, India – 400069.

Proline India can be reached through the website prolineindia.com. Its registered office is in Mumbai, Maharashtra, India.

Proline India reported revenue of ₹86.16 Cr for FY 2020 (up 5% YoY).

Proline India has an authorised share capital of ₹3.5 Cr and a paid-up capital of ₹1.97 Cr.

Proline India reported a net profit of ₹4.25 Cr (net margin 4.9%) and EBITDA of ₹8.39 Cr (EBITDA margin 9.7%) for FY 2020, as per its filed financial statements.

The GSTIN of Proline India is 27AAACP7918H1Z8, registered in Maharashtra. The company has 7 GST registrations in all, of which 5 are active and 2 are cancelled or inactive. Other active GSTINs include 29AAACP7918H1Z4 (Karnataka), 36AAACP7918H1Z9 (Telangana), 07AAACP7918H1ZA (Delhi).

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