About Promatic Solutions (India) Private Limited
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Promatic Solutions (India) Private Limited was a private limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Technoforce Solutions (I) Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the metal foundry and fabrication services segment of the engineering sector. It was incorporated on 13 July 2011.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U74120MH2011PTC219736. Its GSTIN is 27AAGCP1491H1ZA (Maharashtra).
The company had an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹1 Lakh. It was led by directors Pratibha Raosaheb Patil and Raosaheb Nivrutti Patil.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at Mumbai, Maharashtra.
As per the financials filed for FY 2017, the company reported a revenue of ₹7.9 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹19.98 Lakh (net margin -252.9%) and EBITDA of -₹17.78 Lakh (EBITDA margin -225%). Revenue has declined at a compounded annual rate (CAGR) of 33% over three years.
The last known website on record is promatics.co.in.
Company details
Contact details
Promatic Solutions (India) Private Limited's registered office is in Mumbai, Maharashtra. Its website is promatics.co.in. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressUniversal Majestic Off Eastern Express Highway Ghatkoper – Mankhurd Link Rd Rbk Internati, Onalschool, Mumbai, Maharashtra, India – 400043
- IndustryEngineering, Metal Foundry & Fabrication Services
To see the full contact details of Promatic Solutions (India) 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 Promatic Solutions (India) Private Limited
FY 2023 filings availablePromatic Solutions (India) Private Limited reported revenue of ₹7.9 Lakh (up 72645% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 33% over three years. 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹7.9 Lakh | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹17.78 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹19.98 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
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -225% | ||
| Net Profit Margin | -252.9% | ||
| 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 | |||
To see the full financial statements and ratios of Promatic Solutions (India) Private Limited, buy the company report.
Board of directors of Promatic Solutions (India) Private Limited
Promatic Solutions (India) has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pratibha Raosaheb Patil Also directs: Technoforce Solutions (I) Private Limited | Director | 13 Jul 2011 | 15 Years 3 Months | As last reported |
| Raosaheb Nivrutti Patil Also directs: Technoforce Solutions (I) Private Limited | Director | 13 Jul 2011 | 15 Years 3 Months | As last reported |
Shareholding
The shareholding of Promatic Solutions (India) Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Promatic Solutions (India) Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Promatic Solutions (India) Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Promatic Solutions (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Promatic Solutions (India) has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCP1491H1ZA | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Promatic Solutions (India) Private Limited, buy the company report.
Recent activity
Promatic Solutions (India) Private Limited has 4 board changes on record since 2011: 2 appointments and 2 cessations. The latest: Jagroop Hander Singh ceased to be Director on 30 Aug 2019.
Frequently asked questions
Promatic Solutions (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.
Promatic Solutions (India) was a private limited company based in Mumbai, Maharashtra, India. The company worked in metal foundry and fabrication services, within the engineering industry. It was incorporated on 13 July 2011 and is registered under CIN U74120MH2011PTC219736. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Promatic Solutions (India) was incorporated on 13 July 2011. It is registered with the Registrar of Companies, Mumbai.
Promatic Solutions (India) had 2 directors:
- Pratibha Raosaheb Patil - Director
- Raosaheb Nivrutti Patil - Director
The CIN (Corporate Identification Number) of Promatic Solutions (India) is U74120MH2011PTC219736. 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 Promatic Solutions (India) is at Universal Majestic Off Eastern Express Highway Ghatkoper – Mankhurd Link Rd Rbk Internati, Onalschool, Mumbai, Maharashtra, India – 400043.
Promatic Solutions (India) can be reached through the website promatics.co.in. Its registered office is in Mumbai, Maharashtra, India.
The latest financial statements of Promatic Solutions (India) on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Promatic Solutions (India) is 27AAGCP1491H1ZA, registered in Maharashtra.
Promatic Solutions (India) operated in the engineering industry, in the metal foundry and fabrication services segment.