About Promon Software Solutions Private Limited
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Promon Software Solutions Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the digital payment solutions segment of the financial services sector. It was incorporated on 24 September 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U72900TN2020PTC138187. Its GSTIN is 33AALCP4590Q1ZN (Tamil Nadu).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Sathish Kumar Mariappan and Sumathi Subramaniam.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 4th Floor Tek Towers 11 Rajiv Ganh Salai (Omr) Thoraipakkam, Chennai, Tamil Nadu, India – 600097.
As per the financials filed for FY 2024, the company reported a revenue of ₹16.53 Cr, a growth of 27% compared to the previous year. For the same year it recorded a net profit of ₹6.3 Cr (net margin 38.1%) and EBITDA of ₹9.03 Cr (EBITDA margin 54.6%). Revenue has grown at a compounded annual rate (CAGR) of 63% over three years.
The company has about 46 employees on its provident fund (EPFO) records.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website promon.co.in.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address4th Floor Tek Towers 11 Rajiv Ganh Salai (Omr) Thoraipakkam, Chennai, Tamil Nadu, India – 600097
- IndustryFinancial Services, Digital Payment Solutions
- 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
Business Activity of Promon Software Solutions Private Limited
The main business activity of Promon Software Solutions is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. | 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 Promon Software Solutions Private Limited FY 2025 filings available
Promon Software Solutions Private Limited reported revenue of ₹16.53 Cr (up 27% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Promon Software Solutions Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 63% over three years, including 27% growth in the latest year. EBITDA rose 36% 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 Promon Software Solutions Private Limited
| Metrics | 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 | ₹9.03 Cr | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹6.3 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 Promon Software Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 54.6% | •••• | •••• | •••• |
| Net Profit Margin | 38.1% | •••• | •••• | •••• |
| 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 Promon Software Solutions are in the company report.
Financial statements from FY 2021
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.
Peer Comparison of Promon Software Solutions Private Limited
Promon Software Solutions Private Limited is compared with the companies closest to it by revenue in the BFSI industry (Payment Solution Providers, Telecom Service Providers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Handa Connect Private Limited | ₹16.82 Cr (FY 2024) | •••• | •••• | 7.0% | •••• | Sri Ganganagar, Rajasthan, India |
| Telesuprecon India Private Limited | ₹16.76 Cr (FY 2024) | •••• | •••• | 30.0% | •••• | Mumbai, Maharashtra, India |
| Ebix Payment Services Private Limited | ₹16.69 Cr (FY 2025) | •••• | •••• | -73.0% | •••• | Mumbai, Maharashtra, India |
| Apex Megaprojects Private Limited | ₹16.57 Cr (FY 2025) | •••• | •••• | 15.0% | •••• | Khusrupur, Bihar, India |
| DMT Empire India Private Limited | ₹16.54 Cr (FY 2024) | •••• | •••• | 99.0% | •••• | Delhi, India |
| Promon Software Solutions Private Limited this company | ₹16.53 Cr (FY 2024) | •••• | •••• | 27.0% | •••• | Chennai, Tamil Nadu, India |
| Paynext Private Limited | ₹16.51 Cr (FY 2024) | •••• | •••• | 27.0% | •••• | Mumbai, Maharashtra, India |
| Unifriend Telecom Private Limited | ₹16.29 Cr (FY 2025) | •••• | •••• | 370.0% | •••• | New Delhi, Delhi, India |
| Bhavana Televentures Limited | ₹16.27 Cr (FY 2022) | •••• | •••• | 116.0% | •••• | Mumbai, Maharashtra, India |
| P.Thames Commerce Private Limited | ₹16.22 Cr (FY 2018) | •••• | •••• | -4.0% | •••• | Mumbai, Maharashtra, India |
| Ncome Tech Solutions Private Limited | ₹16.03 Cr (FY 2025) | •••• | •••• | 161.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Promon Software Solutions by revenue in the BFSI industry (Payment Solution Providers, Telecom Service Providers), 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 Promon Software Solutions Private Limited
Promon Software Solutions Private Limited is audited by RADHAKRISHNAN S & CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| RADHAKRISHNAN S & 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.
Board of Directors of Promon Software Solutions Private Limited
Promon Software Solutions has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sathish Kumar Mariappan | Director | 24 Sep 2020 | 6 Years 0 Months | Current |
| Sumathi Subramaniam | Director | 24 Sep 2020 | 6 Years 0 Months | Current |
Ownership and Shareholding of Promon Software Solutions Private 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 Promon Software Solutions Private Limited
Promon Software Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Promon Software Solutions Private Limited
Promon Software Solutions Private Limited has a workforce of 46 employees as of Apr 08, 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.
Recent Activity on Promon Software Solutions Private Limited
Promon Software Solutions Private Limited has 2 board changes on record since 2020: 2 appointments. The latest: Sathish Kumar Mariappan was appointed as Director on 24 Sep 2020.
Credit Ratings, Litigation & Regulatory Alerts for Promon Software Solutions Private 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 Promon Software Solutions Private 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 Promon Software Solutions Private 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 Promon Software Solutions Private Limited
Promon Software Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AALCP4590Q1ZN | Tamil Nadu | Active | 23 Oct 2020 |
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 Promon Software Solutions Private 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 Promon Software Solutions Private Limited
Promon Software Solutions is an active private limited company based in Chennai, Tamil Nadu, India. The company works in digital payment solutions, within the financial services industry. It was incorporated on 24 September 2020 (6+ years old) and is registered under CIN U72900TN2020PTC138187.
Promon Software Solutions reported revenue of ₹16.53 Cr for FY 2024 (up 27% YoY).
Promon Software Solutions has 2 current directors:
- Sathish Kumar Mariappan - Director
- Sumathi Subramaniam - Director
Promon Software Solutions reported a net profit of ₹6.3 Cr (net margin 38.1%) and EBITDA of ₹9.03 Cr (EBITDA margin 54.6%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Promon Software Solutions is 63% over three years. In the latest year (FY 2024) revenue rose 27%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Promon Software Solutions is 33AALCP4590Q1ZN, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Promon Software Solutions is U72900TN2020PTC138187. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Promon Software Solutions was incorporated on 24 September 2020, making it 6+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Promon Software Solutions by revenue are Handa Connect Private Limited, Telesuprecon India Private Limited, Ebix Payment Services Private Limited, Apex Megaprojects Private Limited, DMT Empire India Private Limited and 5 more, all in the BFSI industry (Payment Solution Providers, Telecom Service Providers).
Sathish Kumar Mariappan was appointed as Director on 24 Sep 2020. Sumathi Subramaniam was appointed as Director on 24 Sep 2020.
Promon Software Solutions can be reached through the website promon.co.in. Its registered office is in Chennai, Tamil Nadu, India.