- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-19-0026894

About Proma Industries Limited
Data last updated:
Proma Industries Limited is a public limited company based in Jaipur, Rajasthan, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 10 September 1990 and has been in existence for over 36 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U51101RJ1990PLC005581. Its GSTIN is 03AAACP6230G1ZX (Punjab). The company holds 7 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.02 Cr. It was formerly known as Proma Overseas Tradelinks Limited and Proma Overseas Tradelinks Private Limited. It is led by directors including Pratik Pramod Gupta and Pramod Kumar Gupta.
Its last annual general meeting (AGM) was held on 25 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at C – 62 Sarojini Marg C – Scheme, Jaipur, Rajasthan, India – 302001.
As per the financials filed for FY 2025, the company reported a revenue of ₹5.66 Cr, a decline of 48% compared to the previous year. For the same year it recorded a net loss of ₹1.65 Cr (net margin -29.1%) and EBITDA of -₹7.41 Lakh (EBITDA margin -1.3%). Revenue has declined at a compounded annual rate (CAGR) of 54% over three years and 30% over five years.
The company has about 8 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Proma Industries. As per MCA filings, the company has open charges of ₹6.44 Cr and satisfied charges of ₹66.02 Cr on record. Court records list 44 cases involving the company, including 35 filed by the company and 9 filed against it; 13 cases are pending.
Proma Industries Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0026894). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website promaindustries.com.
Name History of Proma Industries Limited
Proma Industries has undergone 2 name changes throughout its history. The company was previously known as Proma Overseas Tradelinks Limited, and Proma Overseas Tradelinks Private Limited. The current legal name is Proma Industries Limited.
| Company Name | Status |
|---|---|
| Proma Industries Limited | Current |
| Proma Overseas Tradelinks Limited | Previous |
| Proma Overseas Tradelinks Private Limited | Previous |
Recognitions & Rankings of Proma Industries
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressC – 62 Sarojini Marg C – Scheme, Jaipur, Rajasthan, India – 302001
- IndustryManufacturing, Textile & Fabric Production
- 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
Associated Brands with Proma Industries Limited
Proma Industries operates one associated brand: Proma Industries. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers contract manufacturing and trading of polyester and cotton products. | promaindustries.com |
Business Activity of Proma Industries Limited
The main business activity of Proma Industries is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel 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 Proma Industries Limited FY 2024 filings available
Proma Industries Limited reported revenue of ₹5.66 Cr (down 48% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Proma Industries Limited
Revenue has declined at a compounded annual rate (CAGR) of 30% over five years, including a 48% fall in the latest year. EBITDA rose 58% 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 Proma Industries 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 | -₹7.41 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.65 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 Proma Industries Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -1.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -29.1% | •••• | •••• | •••• | •••• |
| 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 Proma Industries 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.
Board of Directors of Proma Industries Limited
Proma Industries has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pratik Pramod Gupta Also directs: Proma Carbons Private Limited, Proma Greentech Private Limited, Vinpro Recycletech Private Limited and 3 more | Director | 19 Jun 2023 | 3 Years 4 Months | Current |
| Pramod Kumar Gupta Also directs: Shivam Syncotex Private Limited, Sonpankhi Shares and Securities Private Limited, Nibha Capital Services Private Limited and 2 more | Director | 04 Sep 2017 | 9 Years 1 Months | Current |
| Akshay Pramod Gupta Also directs: Shivam Syncotex Private Limited, Sonpankhi Shares and Securities Private Limited, Proma Carbons Private Limited and 4 more | Director | 01 Oct 2018 | 8 Years 0 Months | Current |
Peer Comparison of Proma Industries Limited
Proma Industries Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Textiles). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Hilman Tex Private Limited | ₹5.67 Cr (FY 2025) | •••• | •••• | 15.0% | •••• | Mumbai, Maharashtra, India |
| Alps Industries Limited Listed | ₹5.67 Cr (FY 2024) | •••• | •••• | -72.0% | •••• | Ghaziabad, Uttar Pradesh, India |
| Pashupati Effects Private Limited | ₹5.67 Cr (FY 2025) | •••• | •••• | -12.0% | •••• | New Delhi, Delhi, India |
| A2y Storage Solutions Private Limited | ₹5.67 Cr (FY 2025) | •••• | •••• | 7.0% | •••• | Rajpura, Punjab, India |
| Shubh Karman Fashions Private Limited. | ₹5.66 Cr (FY 2025) | •••• | •••• | 28.0% | •••• | New Delhi, Delhi, India |
| Proma Industries Limited this company | ₹5.66 Cr (FY 2025) | •••• | •••• | -48.0% | •••• | Jaipur, Rajasthan, India |
| Aksana Fashion Private Limited | ₹5.65 Cr (FY 2023) | •••• | •••• | 168.0% | •••• | Ghaziabad, Uttar Pradesh, India |
| Surbhi Weaving Mills Private Limited | ₹5.65 Cr (FY 2025) | •••• | •••• | 21.0% | •••• | Indore, Madhya Pradesh, India |
| Wesbok Lifestyle Private Limited | ₹5.65 Cr (FY 2025) | •••• | •••• | 60.0% | •••• | New Delhi, Delhi, India |
| Hi-Tech Speciality Fabrics (Exports)Pvt Ltd | ₹5.65 Cr (FY 2025) | •••• | •••• | -27.0% | •••• | Vadodara, Gujarat, India |
| Glamourwear Apparels Private Limited | ₹5.65 Cr (FY 2018) | •••• | •••• | -66.0% | •••• | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Proma Industries by revenue in the Manufacturing industry (Textiles), 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 Proma Industries Limited
Proma Industries Limited is audited by Amarnath Sharma & Co. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Amarnath Sharma & 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.
Ownership and Shareholding of Proma Industries 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 Proma Industries Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 Dec 2023 | Others | ₹2.74 Cr | Open |
| 30 Apr 2018 | Others | ₹3.7 Cr | Open |
| 18 Jul 2022 | Others | ₹2.5 Cr | Satisfied |
| 07 Jul 2022 | Others | ₹2.3 Cr | Satisfied |
| 02 Feb 2022 | Others | ₹53.8 Lakh | Satisfied |
Total charge records: 10 View all charges
Legal Cases of Proma Industries Limited
Proma Industries Limited has 44 court cases on record: 35 filed by Proma Industries, 9 filed against it. 13 cases are pending and 31 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 27 | 6 | 8 |
| High courts | 15 | 2 | 4 |
| NCLT | 1 | 0 | 0 |
| NCLAT | 1 | 1 | 1 |
Cases on record (5 of 44)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed against the company by M/S. Girnar Fibres Limited Through Its Director Mr. Jatinder Jain | Pending |
| High Court of Punjab and Haryana | Revision petition | Filed by the company against Girnar Fibres Ltd and Anr and 1 other | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Private cases SS) | Filed by the company against Shree Hanuman Texfab Pvt Ltd and Others and 2 others | Pending |
| High Court of Punjab and Haryana | Writ petition | Filed against the company by Girnar Fibres Limited | Disposed |
| District court, Chandigarh | Court case (MCA DJ) | Filed against the company by Girnar Fibres Limited | Disposed |
Full case history
All 44 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.
Employees and EPFO Compliance at Proma Industries Limited
Proma Industries Limited has a workforce of 8 employees as of Apr 07, 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.
Group Structure of Proma Industries Limited
Proma Industries has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
Recent Activity on Proma Industries Limited
Proma Industries Limited has 7 board changes on record since 2012: 3 appointments and 4 cessations. The latest: Pratik Pramod Gupta was appointed as Director on 19 Jun 2023.
23 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Proma Industries 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 Proma Industries 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 Proma Industries 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 Proma Industries Limited
Proma Industries has 7 GST registrations: 3 active and 4 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAACP6230G1ZX | Punjab | Active | 01 Jul 2017 |
| 26AAACP6230G1ZP | Dadra and Nagar Haveli and Daman and Diu | Active | 01 Jul 2017 |
| 27AAACP6230G1ZN | Maharashtra | 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 Proma Industries 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 Proma Industries Limited
Proma Industries is an active public limited company based in Jaipur, Rajasthan, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 10 September 1990 (36+ years old) and is registered under CIN U51101RJ1990PLC005581.
Proma Industries reported revenue of ₹5.66 Cr for FY 2025 (down 48% YoY).
Proma Industries has 3 current directors:
- Pratik Pramod Gupta - Director
- Pramod Kumar Gupta - Director
- Akshay Pramod Gupta - Director
Proma Industries reported a net loss of ₹1.65 Cr (net margin -29.1%) and EBITDA of -₹7.41 Lakh (EBITDA margin -1.3%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Proma Industries is -54% over three years and -30% over five years. In the latest year (FY 2025) revenue fell 48%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Proma Industries is 03AAACP6230G1ZX, registered in Punjab. The company has 7 GST registrations in all, of which 3 are active and 4 are cancelled or inactive. Other active GSTINs include 26AAACP6230G1ZP (Dadra and Nagar Haveli and Daman and Diu), 27AAACP6230G1ZN (Maharashtra).
The CIN (Corporate Identification Number) of Proma Industries is U51101RJ1990PLC005581. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Proma Industries has 44 court cases on record: 35 filed by the company and 9 filed against it. 13 are pending. Most are in the district courts.
Proma Industries was incorporated on 10 September 1990, making it 36+ years old. It is registered with the Registrar of Companies, Jaipur.
The peers of Proma Industries by revenue are Hilman Tex Private Limited, Alps Industries Limited, Pashupati Effects Private Limited, A2y Storage Solutions Private Limited, Shubh Karman Fashions Private Limited. and 5 more, all in the Manufacturing industry (Textiles).
Pratik Pramod Gupta was appointed as Director on 19 Jun 2023. Akshay Pramod Gupta ceased to be Additional Director on 30 Sep 2019. Akshay Pramod Gupta was appointed as Director on 01 Oct 2018. Proma Industries has 7 board changes on record in total.