MSME (Udyam registered) Ministry of MSME
- Category
- Small (2023-24)
- Udyam number
- UDYAM-TN-02-0032684
Promax Enterprises Private Limited
Promax Enterprises Private Limited - food and beverages in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2019
₹11.02 Cr
▲ 1129% YoY
Net profit · FY 2019
₹14.57 Lakh
Net margin 1.3%
EBITDA · FY 2019
₹19.7 Lakh
EBITDA margin 1.8%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
12 yrs
Est. 2014
Employees · EPFO
269
Provident fund records
Directors on board
2
As per MCA filings
About Promax Enterprises Private Limited
Data last updated:
Promax Enterprises Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the non-alcoholic beverage manufacturing and distribution segment of the food and beverages sector. It was incorporated on 02 December 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U74900TN2014PTC098285. Its GSTIN is 33AAHCP9157D1ZD (Tamil Nadu).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Kunchithapatham Manickam Nagarajan and Ragupathi Vignesh.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at No.66 M Complex Cth Road Thirumullaivoyal, Chennai, Tamil Nadu, India – 600062.
As per the financials filed for FY 2019, the company reported a revenue of ₹11.02 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹14.57 Lakh (net margin 1.3%) and EBITDA of ₹19.7 Lakh (EBITDA margin 1.8%). Revenue has grown at a compounded annual rate (CAGR) of 310% over three years.
The company has about 269 employees on its provident fund (EPFO) records.
Court records list 21 cases involving the company, including 17 filed by the company and 4 filed against it; 6 cases are pending.
Promax Enterprises Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0032684). The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
CIN U74900TN2014PTC098285
Registration Number 098285
Incorporation Date 02 December 2014
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2019
Date of Balance Sheet 31 March 2019
Compliance Status Active Non-Compliant
MSME Classification Small
Udyam Registration UDYAM-TN-02-0032684
Recognitions & Rankings of Promax Enterprises
Contact details
Promax Enterprises Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address is in the company report.
- Email
- Registered AddressNo.66 M Complex Cth Road Thirumullaivoyal, Chennai, Tamil Nadu, India – 600062
- IndustryFood and Beverages, Non-Alcoholic Beverage Manufacturing & Distribution
To see the full contact details of Promax Enterprises Private Limited, buy the company report.
Comprehensive company report
Promax Enterprises Private 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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Business activity
The main business activity of Promax Enterprises is support service to organizations. In detail, this covers other support services to organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Promax Enterprises Private Limited, buy the company report.
Financials of Promax Enterprises Private Limited
FY 2019 filings availablePromax Enterprises Private Limited reported revenue of ₹11.02 Cr (up 1129% YoY) for FY 2019.
Revenue · FY 2019
₹11.02 Cr ▲ 1129%
Net profit · FY 2019
₹14.57 Lakh margin 1.3%
EBITDA · FY 2019
₹19.7 Lakh margin 1.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
3 years · compounded
▲ 310%
EBITDA CAGR growth
1 year
▲ 33%
3 years · compounded
▲ 28%
Revenue has grown at a compounded annual rate (CAGR) of 310% over three years. EBITDA rose 33% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹11.02 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹19.7 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹14.57 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.8% | ||||
| Net Profit Margin | 1.3% | ||||
| 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 Promax Enterprises Private Limited, buy the company report.
Board of directors of Promax Enterprises Private Limited
Promax Enterprises has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ragupathi Vignesh Also directs: Damin Electro-Tech Private Limited | Additional Director | 02 Dec 2021 | 4 Years 11 Months | Current |
| Kunchithapatham Manickam Nagarajan | Director | 31 May 2019 | 7 Years 5 Months | Current |
Peer comparison
Promax Enterprises Private Limited is compared with the 3 companies closest to it by revenue in the Outsourcing industry (HR Outsourcing, Non Alcoholic Beverages), with the same principal business activity (other support services to organizations), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| GLS Business India Private Limited | ₹11.04 Cr (FY 2025) | 33.0% | Kudasan, Gujarat, India | |||
| Apurwa Business Solutions Private Limited | ₹11.03 Cr (FY 2025) | 13.0% | Patna, Bihar, India | |||
| Promax Enterprises Private Limitedthis company | ₹11.02 Cr (FY 2019) | ₹14.57 Lakh | 1.3% | 1129.0% | 269 | Chennai, Tamil Nadu, India |
| Teknowsource Management Consultants Private Limited | ₹11.02 Cr (FY 2025) | 12.0% | Thane, Maharashtra, India |
To see the full peer comparison of Promax Enterprises Private Limited, buy the company report.
Auditor
Promax Enterprises Private Limited is audited by E MUTHUSAMI & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| E MUTHUSAMI & CO | FY 2019 | 012494S |
Shareholding
The shareholding of Promax Enterprises Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Promax Enterprises Private Limited, buy the company report.
Legal cases
Promax Enterprises Private Limited has 21 court cases on record: 17 filed by Promax Enterprises, 4 filed against it. 6 cases are pending and 15 are disposed.
Total cases
21
Filed by the company
17
Filed against the company
4
Pending
6
Disposed
15
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 12 | 3 | 1 |
| High courts | 7 | 1 | 3 |
| Supreme Court | 2 | 0 | 2 |
Cases on record (5 of 21)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chennai, Tamil Nadu | Appeal | Filed by the company against an individual | Pending |
| Madras High Court | Court case (CRL OP) | Filed by the company against an individual | Pending |
| Madras High Court | Writ petition | Filed by the company against The Additional Commissioner of GST and Control Excise | Pending |
| Madras High Court | Interim or miscellaneous application | Filed by the company against The Additional Commissioner of GST and Control Excise | Pending |
| Supreme Court | Court case (1807-Ordinary Civil Matters : Others) | Filed by the company against The District Collector Office of the District Collector Tiruvallur District Master Plan Complex Nh-205, Tiruvallur , , Tamil Nadu and 4 others | Pending |
To see the full case history of Promax Enterprises Private 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 Promax Enterprises Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Promax Enterprises Private Limited has a workforce of 269 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
269
Active EPFO establishments
1
Employee growth
10.25%
GST
Promax Enterprises has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAHCP9157D1ZD | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Promax Enterprises Private Limited, buy the company report.
Recent activity
Promax Enterprises Private Limited has 6 board changes on record since 2018: 2 appointments and 4 cessations. The latest: Mannar Pari ceased to be Director on 02 Dec 2021.
Ceased
Mannar Pari ceased to be Director.
Appointed
Ragupathi Vignesh was appointed as Additional Director.
AGM
Promax Enterprises Private Limited last Annual general meeting of members was held on 30 Sep 2019 as per latest MCA records.
Ceased
Dineshkumar ceased to be Director.
Appointed
Kunchithapatham Manickam Nagarajan was appointed as Director.
Filing
Promax Enterprises Private Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Chennai.
Ceased
Prabha ceased to be Director.
Ceased
Pandurangan Murali ceased to be Director.
Incorporation
02 Dec 2014
Promax Enterprises Private Limited was registered on 02 Dec 2014 with Roc Chennai & aged 11 years 11 months as per MCA records.
Frequently asked questions
Promax Enterprises is an active private limited company based in Chennai, Tamil Nadu, India. The company works in non-alcoholic beverage manufacturing and distribution, within the food and beverages industry. It was incorporated on 02 December 2014 (12+ years old) and is registered under CIN U74900TN2014PTC098285.
Promax Enterprises has 2 current directors:
- Ragupathi Vignesh - Additional Director
- Kunchithapatham Manickam Nagarajan - Director
The latest financial statements of Promax Enterprises on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
The GSTIN of Promax Enterprises is 33AAHCP9157D1ZD, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Promax Enterprises is U74900TN2014PTC098285. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Promax Enterprises has 21 court cases on record: 17 filed by the company and 4 filed against it. 6 are pending. Most are in the district courts.
Promax Enterprises was incorporated on 02 December 2014, making it 12+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Promax Enterprises by revenue are GLS Business India Private Limited, Apurwa Business Solutions Private Limited, Teknowsource Management Consultants Private Limited, all in the Outsourcing industry (HR Outsourcing, Non Alcoholic Beverages), with the same principal business activity (other support services to organizations).
Mannar Pari ceased to be Director on 02 Dec 2021. Ragupathi Vignesh was appointed as Additional Director on 02 Dec 2021. Dineshkumar ceased to be Director on 31 May 2019. Promax Enterprises has 6 board changes on record in total.
Yes, Promax Enterprises is registered as a small enterprise under Udyam registration (number: UDYAM-TN-02-0032684).
The registered office of Promax Enterprises is at No.66 M Complex Cth Road Thirumullaivoyal, Chennai, Tamil Nadu, India – 600062.
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