MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-26-0023339
Prorites Equipments Private Limited - machinery and equipment in Pune, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹9.08 Cr
▼ 1% YoY
Net profit · FY 2024
₹27.45 Lakh
Net margin 3%
EBITDA · FY 2024
₹44.29 Lakh
EBITDA margin 4.9%
Authorised capital
₹65 Lakh
Registered with MCA
Paid-up capital
₹65 Lakh
Issued & subscribed
Open charges
₹2.9 Cr
Satisfied ₹50 Lakh
Company age
9 yrs
Est. 2017
Employees · EPFO
20
Provident fund records
About Prorites Equipments Private Limited
Data last updated:
Prorites Equipments Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 16 October 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U29309PN2017PTC173020. Its GSTIN is 27AAJCP4843L1ZW (Maharashtra).
The company has an authorised share capital of ₹65 Lakh and a paid-up capital of ₹65 Lakh. It is led by directors including Chandrakant Pandurang Nikam (Managing Director) and Suresh Mhetre Rangnath.
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 Gat No. – 83 Jyotibanagar Talawade, Pune, Maharashtra, India – 411062.
As per the financials filed for FY 2024, the company reported a revenue of ₹9.08 Cr, a decline of 1% compared to the previous year. For the same year it recorded a net profit of ₹27.45 Lakh (net margin 3%) and EBITDA of ₹44.29 Lakh (EBITDA margin 4.9%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 9% over five years.
The company has about 20 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Prorites. As per MCA filings, the company has open charges of ₹2.9 Cr and satisfied charges of ₹50 Lakh on record.
Prorites Equipments Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0023339). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website prorites.com.
Company details
CIN U29309PN2017PTC173020
Registration Number 173020
Incorporation Date 16 October 2017
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-26-0023339
Key People
Chandrakant Pandurang Nikam Managing Director Suresh Mhetre Rangnath Director Sachin Kisan Kelkar Director Recognitions & Rankings of Prorites Equipments
Contact details
Prorites Equipments Private Limited's registered office is in Pune, Maharashtra. Its website is prorites.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressGat No. – 83 Jyotibanagar Talawade, Pune, Maharashtra, India – 411062
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of Prorites Equipments Private Limited, buy the company report.
Comprehensive company report
Prorites Equipments 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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Brands
Prorites Equipments operates one associated brand: Prorites. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of industrial equipment for fluid management and engineering services in various sectors. | prorites.com |
Business activity
The main business activity of Prorites Equipments is professional, scientific and technical. In detail, this covers architecture, engineering activities, technical testing and analysis activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M4 | Architecture, engineering activities, technical testing and analysis activities |
To see the full business activity and turnover split of Prorites Equipments Private Limited, buy the company report.
Financials of Prorites Equipments Private Limited
FY 2025 filings availableProrites Equipments Private Limited reported revenue of ₹9.08 Cr (down 1% YoY) for FY 2024.
Revenue · FY 2024
₹9.08 Cr ▼ 1%
Net profit · FY 2024
₹27.45 Lakh margin 3%
EBITDA · FY 2024
₹44.29 Lakh margin 4.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 1%
3 years · compounded
▲ 15%
5 years · compounded
▲ 9%
EBITDA CAGR growth
1 year
▲ 6%
3 years · compounded
▲ 20%
5 years · compounded
▲ 7%
Revenue fell 1% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 9%. EBITDA rose 6% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 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 | ₹44.29 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹27.45 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Trade Payables | |||||
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| Fixed Assets | |||||
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| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.9% | ||||
| Net Profit Margin | 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 | |||||
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| 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 Prorites Equipments Private Limited, buy the company report.
Board of directors of Prorites Equipments Private Limited
Prorites Equipments has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Suresh Mhetre Rangnath | Director | 16 Oct 2017 | 9 Years 0 Months | Current |
| Chandrakant Pandurang Nikam | Managing Director | 16 Oct 2017 | 9 Years 0 Months | Current |
| Sachin Kisan Kelkar | Director | 16 Oct 2017 | 9 Years 0 Months | Current |
Auditor
Prorites Equipments Private Limited is audited by NPSR & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NPSR & Associates | FY 2023 | 105511W |
Shareholding
The shareholding of Prorites Equipments Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Prorites Equipments Private Limited, buy the company report.
Charges & borrowings
Open charges
₹2.9 Cr
Satisfied charges
₹50 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Sep 2019 | 100291138 | State Bank of India | ₹2.9 Cr | Open | |
| 31 Jan 2018 | 100157203 | Others | ₹50 Lakh | Satisfied |
To see the full charge records of Prorites Equipments Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Prorites Equipments 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
Prorites Equipments Private Limited has 10 MSME Form 1 returns on record between 2019 and 2023, listing 342 overdue payments to 18 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 18)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Reliance Forge India | |||
| Grace Metal Works | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Prorites Equipments Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Prorites Equipments Private Limited has a workforce of 20 employees on its EPFO records as of Apr 01, 2024, across 1 active EPFO establishment.
Employee count
20
Active EPFO establishments
1
Employee growth
17.65%
GST
Prorites Equipments has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAJCP4843L1ZW | Maharashtra | Active | 20 Nov 2017 |
To see the full GST registrations and return filing status of Prorites Equipments Private Limited, buy the company report.
Recent activity
Prorites Equipments Private Limited has 5 board changes on record since 2017: 3 appointments and 2 cessations. The latest: Vishwas Eknath Gangurde ceased to be Director on 31 Oct 2023.
AGM
Prorites Equipments Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with State Bank Of India of Rs. 290.00 Lakh registered on 27 Sep 2019 with Charge ID 100291138 was modified on 18 Aug 2025.
Filing
Prorites Equipments Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune.
Ceased
Vishwas Eknath Gangurde ceased to be Director.
Ceased
Chandrakant Pandurang Nikam ceased to be Director.
Charges
A charge registered on 31 Jan 2018 via Charge ID 100157203 with Others was fully satisfied on 11 Oct 2019.
Charges
A charge with State Bank Of India amounted to Rs. 290.00 Lakh with Charge ID 100291138 was registered on 27 Sep 2019.
Charges
A charge with Others of Rs. 50.00 Lakh registered on 31 Jan 2018 with Charge ID 100157203 was modified on 05 Jul 2018.
Charges
A charge with Others amounted to Rs. 50.00 Lakh with Charge ID 100157203 was registered on 31 Jan 2018.
Appointed
Chandrakant Pandurang Nikam was appointed as Managing Director.
Appointed
Sachin Kisan Kelkar was appointed as Director.
Appointed
Suresh Mhetre Rangnath was appointed as Director.
1 earlier event is in the company report.
Frequently asked questions
Prorites Equipments is an active private limited company based in Pune, Maharashtra, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 16 October 2017 (9+ years old) and is registered under CIN U29309PN2017PTC173020.
Prorites Equipments has 3 current directors:
- Chandrakant Pandurang Nikam - Managing Director
- Suresh Mhetre Rangnath - Director
- Sachin Kisan Kelkar - Director
The latest financial statements of Prorites Equipments 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 FY 2018 are in the company report.
The GSTIN of Prorites Equipments is 27AAJCP4843L1ZW, registered in Maharashtra.
The CIN (Corporate Identification Number) of Prorites Equipments is U29309PN2017PTC173020. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Prorites Equipments was incorporated on 16 October 2017, making it 9+ years old. It is registered with the Registrar of Companies, Pune.
Vishwas Eknath Gangurde ceased to be Director on 31 Oct 2023. Chandrakant Pandurang Nikam ceased to be Director on 30 Sep 2022. Chandrakant Pandurang Nikam was appointed as Managing Director on 16 Oct 2017. Prorites Equipments has 5 board changes on record in total.
Yes, Prorites Equipments is registered as a small enterprise under Udyam registration (number: UDYAM-MH-26-0023339).
Prorites Equipments has 10 MSME Form 1 returns on record between 2019 and 2023, listing 342 overdue payments to 18 micro and small suppliers. The latest return was filed on 08 Nov 2023.
Prorites Equipments can be reached through the website prorites.com. Its registered office is in Pune, Maharashtra, India.
The registered office of Prorites Equipments is at Gat No. – 83 Jyotibanagar Talawade, Pune, Maharashtra, India – 411062.
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