About Promyx Outsource Services Private Limited
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Promyx Outsource Services Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 20 January 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2004PTC033218. Its GSTIN is 32AADCP4959R1ZQ (Kerala). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Joy Joseph Kunnath and Nilamburkovilakam Ranjit Varma.
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 Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.64 Cr, a decline of 54% compared to the previous year. For the same year it recorded a net profit of ₹6.85 Lakh (net margin 2.6%) and EBITDA of ₹23.82 Lakh (EBITDA margin 9%). Revenue has grown at a compounded annual rate (CAGR) of 334% over three years and 50% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website promyx.com.
Company details
Contact details
Promyx Outsource Services Private Limited's registered office is in Bangalore, Karnataka. Its website is promyx.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressOrbit Co Works Inc 218/190 Outer Ring Road, Agara 1st Sector Hsr Layout, Bangalore, Karnataka, India – 560102
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Promyx Outsource Services 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
Business activity
The main business activity of Promyx Outsource Services is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers retail trade, except of motor vehicles and motorcycles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 47 | Retail trade, except of motor vehicles and motorcycles |
To see the full business activity and turnover split of Promyx Outsource Services Private Limited, buy the company report.
Financials of Promyx Outsource Services Private Limited
FY 2025 filings availablePromyx Outsource Services Private Limited reported revenue of ₹2.64 Cr (down 54% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 54% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 50%. EBITDA fell 53% 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 |
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| EBITDA | ₹23.82 Lakh | ||||
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| Net Profit (PAT) | ₹6.85 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 9% | ||||
| Net Profit Margin | 2.6% | ||||
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To see the full financial statements and ratios of Promyx Outsource Services Private Limited, buy the company report.
Board of directors of Promyx Outsource Services Private Limited
Promyx Outsource Services has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Joy Joseph Kunnath | Director | 05 Dec 2024 | 1 Years 10 Months | Current |
| Nilamburkovilakam Ranjit Varma | Director | 15 Dec 2022 | 3 Years 10 Months | Current |
Auditor
Promyx Outsource Services Private Limited is audited by VIPIN SHALINI & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VIPIN SHALINI & CO | FY 2020 | 011277C |
Shareholding
The shareholding of Promyx Outsource Services 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 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Promyx Outsource Services Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Promyx Outsource Services 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 Promyx Outsource Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Promyx Outsource Services has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AADCP4959R1ZQ | Kerala | Active | 26 Jun 2019 |
To see the full GST registrations and return filing status of Promyx Outsource Services Private Limited, buy the company report.
Recent activity
Promyx Outsource Services Private Limited has 6 board changes on record since 2013: 2 appointments and 4 cessations. The latest: Vanaja Chembukave ceased to be Managing Director on 10 Dec 2024.
Frequently asked questions
Promyx Outsource Services is an active private limited company based in Bangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 20 January 2004 (22+ years old) and is registered under CIN U72900KA2004PTC033218.
Promyx Outsource Services has 2 current directors:
- Joy Joseph Kunnath - Director
- Nilamburkovilakam Ranjit Varma - Director
The latest financial statements of Promyx Outsource Services on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Promyx Outsource Services is 32AADCP4959R1ZQ, registered in Kerala. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Promyx Outsource Services is U72900KA2004PTC033218. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Promyx Outsource Services was incorporated on 20 January 2004, making it 22+ years old. It is registered with the Registrar of Companies, Bangalore.
Vanaja Chembukave ceased to be Managing Director on 10 Dec 2024. Joy Joseph Kunnath was appointed as Director on 05 Dec 2024. Haridas Chembukkavu Parameswaran ceased to be Director on 03 Sep 2024. Promyx Outsource Services has 6 board changes on record in total.
Promyx Outsource Services can be reached through the website promyx.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Promyx Outsource Services is at Orbit Co Works Inc 218190 Outer Ring Road, Agara 1st Sector Hsr Layout, Bangalore, Karnataka, India – 560102.
Promyx Outsource Services operates in the information technology industry, in the IT consulting and support services segment.