MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-19-0026894
Proma Industries Limited - manufacturing in Jaipur, Rajasthan, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹5.66 Cr
▼ 48% YoY
Net loss · FY 2025
₹1.65 Cr
Net margin -29.1%
EBITDA · FY 2025
-₹7.41 Lakh
EBITDA margin -1.3%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹1.02 Cr
Issued & subscribed
Open charges
₹6.44 Cr
Satisfied ₹66.02 Cr
Company age
36 yrs
Est. 1990
Employees · EPFO
8
Provident fund records
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.
Company details
CIN U51101RJ1990PLC005581
Registration Number 005581
Incorporation Date 10 September 1990
ROC Jaipur
Listing Status Unlisted
Company Status Active
Date of Last AGM 25 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-19-0026894
Name history
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
Contact details
Proma Industries Limited's registered office is in Jaipur, Rajasthan. Its website is promaindustries.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressC – 62 Sarojini Marg C – Scheme, Jaipur, Rajasthan, India – 302001
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Proma Industries Limited, buy the company report.
Comprehensive company report
Proma Industries Limited - one report that includes everything
- 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
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Brands
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
The main business activity of Proma Industries is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Proma Industries Limited, buy the company report.
Financials of Proma Industries Limited
FY 2024 filings availableProma Industries Limited reported revenue of ₹5.66 Cr (down 48% YoY) for FY 2025.
Revenue · FY 2025
₹5.66 Cr ▼ 48%
Net loss · FY 2025
₹1.65 Cr margin -29.1%
EBITDA · FY 2025
-₹7.41 Lakh margin -1.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 48%
3 years · compounded
▼ 54%
5 years · compounded
▼ 30%
EBITDA CAGR growth
1 year
▲ 58%
3 years · compounded
▼ 26%
5 years · compounded
▼ 15%
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
| 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 | |||||
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| 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 | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| 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 | |||||
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| 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 Proma Industries Limited, buy the company report.
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.
Current Directors
| 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
Proma Industries Limited is compared with the 6 companies closest to it by revenue in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| 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 | ₹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 | |||
| Shubh Karman Fashions Private Limited. | ₹5.66 Cr (FY 2025) | 28.0% | New Delhi, Delhi, India | |||
| Proma Industries Limitedthis company | ₹5.66 Cr (FY 2025) | -₹1.65 Cr | -29.1% | -48.0% | 8 | Jaipur, Rajasthan, India |
| Surbhi Weaving Mills Private Limited | ₹5.65 Cr (FY 2025) | 21.0% | Indore, Madhya Pradesh, India | |||
| Glamourwear Apparels Private Limited | ₹5.65 Cr (FY 2018) | -66.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Proma Industries Limited, buy the company report.
Auditor
Proma Industries Limited is audited by Amarnath Sharma & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Amarnath Sharma & Co. | FY 2023 | 100300W |
Shareholding
The shareholding of Proma Industries Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Proma Industries Limited, buy the company report.
Charges & borrowings
Open charges
₹6.44 Cr
Satisfied charges
₹66.02 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Dec 2023 | 100835636 | Others | ₹2.74 Cr | Open | |
| 30 Apr 2018 | 100174559 | Others | ₹3.7 Cr | Open | |
| 18 Jul 2022 | 100598051 | Others | ₹2.5 Cr | Satisfied | |
| 07 Jul 2022 | 100604122 | Others | ₹2.3 Cr | Satisfied | |
| 02 Feb 2022 | 100549424 | Others | ₹53.8 Lakh | Satisfied |
To see the full charge records of Proma Industries Limited, buy the company report.
Total charge records: 10 View all charges
Legal cases
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.
Total cases
44
Filed by the company
35
Filed against the company
9
Pending
13
Disposed
31
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 |
To see the full case history of Proma Industries 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 Proma Industries Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
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.
1
Associated companies
Employees & EPFO
Proma Industries Limited has a workforce of 8 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
8
Active EPFO establishments
1
Employee growth
14.29%
GST
Proma Industries has 7 GST registrations: 3 active and 4 cancelled or inactive.
Total GSTINs
7
Active
3
Cancelled / inactive
4
| 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 |
To see the full GST registrations and return filing status of Proma Industries Limited, buy the company report.
Recent activity
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.
AGM
Proma Industries Limited last Annual general meeting of members was held on 25 Sep 2024 as per latest MCA records.
Filing
Proma Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Jaipur.
Charges
A charge with Others amounted to Rs. 2.74 Cr with Charge ID 100835636 was registered on 26 Dec 2023.
Charges
A charge registered on 18 Jul 2022 via Charge ID 100598051 with Others was fully satisfied on 18 Dec 2023.
Charges
A charge registered on 31 Dec 2020 via Charge ID 100403494 with Others was fully satisfied on 12 Dec 2023.
Charges
A charge registered on 07 Jul 2022 via Charge ID 100604122 with Others was fully satisfied on 09 Nov 2023.
Charges
A charge registered on 02 Feb 2022 via Charge ID 100549459 with Others was fully satisfied on 09 Nov 2023.
Charges
A charge registered on 02 Feb 2022 via Charge ID 100549424 with Others was fully satisfied on 03 Oct 2023.
Appointed
Pratik Pramod Gupta was appointed as Director.
Charges
A charge with Others of Rs. 2.30 Cr registered on 07 Jul 2022 with Charge ID 100604122 was modified on 12 Aug 2022.
Charges
A charge with Others amounted to Rs. 2.50 Cr with Charge ID 100598051 was registered on 18 Jul 2022.
Charges
A charge with Others amounted to Rs. 2.30 Cr with Charge ID 100604122 was registered on 07 Jul 2022.
23 earlier events are in the company report.
Frequently asked questions
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 has 3 current directors:
- Pratik Pramod Gupta - Director
- Pramod Kumar Gupta - Director
- Akshay Pramod Gupta - Director
The latest financial statements of Proma Industries on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 25 September 2024. Year-wise statements from 2015 are in the company report.
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, Shubh Karman Fashions Private Limited, Surbhi Weaving Mills Private Limited and 1 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
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.
Yes, Proma Industries is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-19-0026894).
Proma Industries can be reached through the website promaindustries.com. Its registered office is in Jaipur, Rajasthan, India.