Pronet Technologies Private Limited

Pronet Technologies Private Limited - information technology in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U72200MH2012PTC231761 Incorporated 01 June 2012 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company information technology
Data last updated
Revenue · FY 2024
₹38.53 Cr
▼ 28% YoY
Net profit · FY 2024
₹1.13 Cr
Net margin 2.9%
EBITDA · FY 2024
₹4.41 Cr
EBITDA margin 11.4%
Authorised capital
₹3 Cr
Registered with MCA
Paid-up capital
₹3 Cr
Issued & subscribed
Open charges
₹63.92 Cr
Secured borrowings
Company age
14 yrs
Est. 2012
Employees · EPFO
129
Provident fund records

About Pronet Technologies Private Limited

Data last updated:

Pronet Technologies Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the IT infrastructure management and services segment of the technology and IT services sector. It was incorporated on 01 June 2012 and has been in existence for over 14 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72200MH2012PTC231761. Its GSTIN is 27AAGCP6704K1Z5 (Maharashtra). The company holds 11 GST registrations, of which 4 are active.

The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹3 Cr. It is led by directors Sajesh Abraham (Managing Director) and Haresh Kantilal Parekh.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Mumbai, Maharashtra.

As per the financials filed for FY 2024, the company reported a revenue of ₹38.53 Cr, a decline of 28% compared to the previous year. For the same year it recorded a net profit of ₹1.13 Cr (net margin 2.9%) and EBITDA of ₹4.41 Cr (EBITDA margin 11.4%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 2% over five years.

The company has about 129 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹63.92 Cr on record. Court records list 17 cases involving the company, including 2 filed by the company and 15 filed against it; 7 cases are pending.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website pronettechnologies.com.

Company Details of Pronet Technologies Private Limited
CIN U72200MH2012PTC231761
Registration Number 231761
Incorporation Date 01 June 2012
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
  • Registered Address
    Plot No 6 Dream Land Society Jai Shastri Nagar Guru Govind Singh Marg Mulund Colony M, Ulund, Mumbai, Maharashtra, India – 400082
  • Industry
    Information Technology, IT Infrastructure Management & Services
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Financials, compliance, directors, charges, ownership and filings for Pronet Technologies Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Business Activity of Pronet Technologies Private Limited

The main business activity of Pronet Technologies 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 CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
GWholesale and retail trade; repair of motor vehicles and motorcycles47Retail trade, except of motor vehicles and motorcyclesLocked
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Business activity turnover details

Turnover share and past changes in activity are in the company report.

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Financials of Pronet Technologies Private Limited FY 2024 filings available

Pronet Technologies Private Limited reported revenue of ₹38.53 Cr (down 28% YoY) for FY 2024.

Revenue · FY 2024
₹38.53 Cr ▼ 28%
Net profit · FY 2024
₹1.13 Cr margin 2.9%
EBITDA · FY 2024
₹4.41 Cr margin 11.4%

Compounded Annual Growth Rate (CAGR) of Pronet Technologies Private Limited

Revenue CAGR growth
1 year
▼ 28%
3 years · compounded
▼ 5%
5 years · compounded
▲ 2%
EBITDA CAGR growth
1 year
▼ 2%
3 years · compounded
▲ 12%
5 years · compounded
▲ 14%

Revenue fell 28% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 2%. EBITDA fell 2% 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 Pronet Technologies Private Limited

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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₹4.41 Cr••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)₹1.13 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 Pronet Technologies Private Limited

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin11.4%••••••••••••••••
Net Profit Margin2.9%••••••••••••••••
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••••••••••••••••••••

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 Pronet Technologies are in the company report.

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Financial statements from 2015

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Peer Comparison of Pronet Technologies Private Limited

Pronet Technologies Private Limited is compared with the companies closest to it by revenue in the Power industry (EPC, BoP and BTG, Infrastructure Management). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Magnacon Electricals India Ltd₹38.96 Cr (FY 2025)••••••••22.0%••••Kolkata, West Bengal, India
Boond Engineering and Development Private Limited₹38.95 Cr (FY 2025)••••••••36.0%••••New Delhi, Delhi, India
Aseen Power Private Limited₹38.75 Cr (FY 2024)••••••••2.0%••••Thane, Maharashtra, India
PGR Systems & Technologies Private Limited₹38.67 Cr (FY 2024)••••••••41.0%••••Sr Nagar, Telangana, India
Techtreno Solutions Private Limited₹38.57 Cr (FY 2024)••••••••26.0%••••New Delhi, Delhi, India
Pronet Technologies Private Limited this company₹38.53 Cr (FY 2024)••••••••-28.0%••••Mumbai, Maharashtra, India
Grew Renewables Private Limited₹38.5 Cr (FY 2025)••••••••-49.0%••••Ahmedabad, Gujarat, India
Corporateserve Solutions Private Limited₹38.44 Cr (FY 2025)••••••••22.0%••••Haryana, India
Enkay Electricals Private Limited₹38.17 Cr (FY 2025)••••••••37.0%••••Delhi, India
Greenbeam Earth Private Limited₹38.12 Cr (FY 2025)••••••••106.0%••••Surat, Gujarat, India
Solnxt Energy Private Limited₹38.11 Cr (FY 2025)••••••••28.0%••••Ahmedabad, Gujarat, India

Peers are the five companies nearest above and the five nearest below Pronet Technologies by revenue in the Power industry (EPC, BoP and BTG, Infrastructure Management), 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 Pronet Technologies Private Limited

Pronet Technologies Private Limited is audited by PREETI SINGH & CO for the financial year 2023.

NameStatusAppointment DateCessation Date
PREETI SINGH & COLockedLockedLocked
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Board of Directors of Pronet Technologies Private Limited

Pronet Technologies has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Sajesh AbrahamManaging Director01 Jun 201214 Years 4 MonthsCurrent
Haresh Kantilal ParekhDirector17 Jul 20251 Years 2 MonthsCurrent

Ownership and Shareholding of Pronet Technologies Private Limited

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Charges & Borrowings of Pronet Technologies Private Limited

Open charges
₹63.92 Cr
Satisfied charges
None
Breakdown by lending institutions
Standard Chartered Bank₹35.74 Cr
Hdfc Bank Limited₹21.75 Cr
State Bank of India₹5.93 Cr
Others₹0.50 Cr
Latest charge details
DateLenderAmountStatus
12 Mar 2024Hdfc Bank Limited₹1.75 CrOpen
12 Sep 2023State Bank of India₹1.18 CrOpen
16 Nov 2022Hdfc Bank Limited₹20 CrOpen
13 May 2022State Bank of India₹4.75 CrOpen
11 Jun 2021Standard Chartered Bank₹99 LakhOpen

Total charge records: 10 View all charges

MSME Payment Delays by Pronet Technologies Private Limited

Pronet Technologies Private Limited has 2 MSME Form 1 returns on record between 2018 and 2019, listing 12 overdue payments to 9 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (5 of 9)

SupplierAmount dueDue sinceReported on
Jai Ganesh Ispat and Ferro Alloys Private Limited••••••••••••
an individual supplier••••••••••••
B.E.C. Conduits Private Limited••••••••••••
Balaji Electrical and Conduit Accessories Private Limited••••••••••••
Essen Electrical Enterprise••••••••••••
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Every supplier, amount and due date from all 2 MSME Form 1 returns is in the company report.

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Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.

Employees and EPFO Compliance at Pronet Technologies Private Limited

Pronet Technologies Private Limited has a workforce of 129 employees as of Mar 23, 2024.

Employee count
129
Active EPFO establishments
1
Employee growth
-9.79%
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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Recent Activity on Pronet Technologies Private Limited

Pronet Technologies Private Limited has 6 board changes on record since 2012: 2 appointments and 4 cessations. The latest: Haresh Kantilal Parekh was appointed as Director on 17 Jul 2025.

Charges
A charge with Standard Chartered Bank of Rs. 11.50 Cr registered on 27 Feb 2018 with Charge ID 100168591 was modified on 21 Jul 2025.
Appointed
Haresh Kantilal Parekh was appointed as Director.
Ceased
Rechel Sajesh ceased to be Director.
AGM
Pronet Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Standard Chartered Bank of Rs. 20.00 Cr registered on 05 Nov 2015 with Charge ID 10610455 was modified on 19 Apr 2024.
Filing
Pronet Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 1.75 Cr with Charge ID 100889479 was registered on 12 Mar 2024.
Charges
A charge with State Bank Of India amounted to Rs. 1.18 Cr with Charge ID 100808489 was registered on 12 Sep 2023.
Ceased
Philip George Malal ceased to be Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 20.00 Cr with Charge ID 100641737 was registered on 16 Nov 2022.
Charges
A charge with Hdfc Bank Limited of Rs. 20.00 Cr registered on 16 Nov 2022 with Charge ID 100641737 was modified on 16 Nov 2022.
Charges
A charge with State Bank Of India amounted to Rs. 4.75 Cr with Charge ID 100579445 was registered on 13 May 2022.

11 earlier events are listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for Pronet Technologies Private Limited

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Subsidiaries & Group Companies of Pronet Technologies Private Limited

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GST Compliance of Pronet Technologies Private Limited

Pronet Technologies has 11 GST registrations: 4 active and 7 cancelled or inactive.

Total GSTINs
11
Active
4
Cancelled / inactive
7
GSTINStateStatusRegistered on
27AAGCP6704K1Z5MaharashtraActive01 Jul 2017
07AAGCP6704K1Z7DelhiActive01 Jul 2017
24AAGCP6704K1ZBGujaratActive01 Jul 2017
30AAGCP6704K1ZIGoaActive30 Sep 2017
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GST registrations and filing compliance

State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.

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MCA Filings & Documents of Pronet Technologies Private Limited

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MCA filings and documents

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Frequently Asked Questions about Pronet Technologies Private Limited

Pronet Technologies is an active private limited company based in Mumbai, Maharashtra, India. The company works in IT infrastructure management and services, within the information technology industry. It was incorporated on 01 June 2012 (14+ years old) and is registered under CIN U72200MH2012PTC231761.

Pronet Technologies reported revenue of ₹38.53 Cr for FY 2024 (down 28% YoY).

Pronet Technologies has 2 current directors:

Pronet Technologies reported a net profit of ₹1.13 Cr (net margin 2.9%) and EBITDA of ₹4.41 Cr (EBITDA margin 11.4%) for FY 2024, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of Pronet Technologies is -5% over three years and 2% over five years. In the latest year (FY 2024) revenue fell 28%. CAGR is the steady yearly rate that links the first and the last year.

The GSTIN of Pronet Technologies is 27AAGCP6704K1Z5, registered in Maharashtra. The company has 11 GST registrations in all, of which 4 are active and 7 are cancelled or inactive. Other active GSTINs include 07AAGCP6704K1Z7 (Delhi), 24AAGCP6704K1ZB (Gujarat), 30AAGCP6704K1ZI (Goa).

The CIN (Corporate Identification Number) of Pronet Technologies is U72200MH2012PTC231761. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Pronet Technologies has 17 court cases on record: 2 filed by the company and 15 filed against it. 7 are pending.

Pronet Technologies was incorporated on 01 June 2012, making it 14+ years old. It is registered with the Registrar of Companies, Mumbai.

The peers of Pronet Technologies by revenue are Magnacon Electricals India Ltd, Boond Engineering and Development Private Limited, Aseen Power Private Limited, PGR Systems & Technologies Private Limited, Techtreno Solutions Private Limited and 5 more, all in the Power industry (EPC, BoP and BTG, Infrastructure Management).

Haresh Kantilal Parekh was appointed as Director on 17 Jul 2025. Rechel Sajesh ceased to be Director on 17 Jul 2025. Philip George Malal ceased to be Director on 24 Mar 2023. Pronet Technologies has 6 board changes on record in total.

Pronet Technologies has 2 MSME Form 1 returns on record between 2018 and 2019, listing 12 overdue payments to 9 micro and small suppliers. The latest return was filed on 30 May 2019.

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