Prosync Business Solutions Private Limited
About Prosync Business Solutions Private Limited
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Prosync Business Solutions Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the computer and IT-related services segment of the technology and IT services sector. It was incorporated on 12 April 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U72900TN2016PTC109952. Its GSTIN is 33AAJCP8214B1ZR (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 Pavitra Mumudi Somaraman and Zakir Husain Ali Bhai Anwar.
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 Vairams 112 Thiyagaraya Road T. Nagar, Chennai, Tamil Nadu, India – 600017.
As per the financials filed for FY 2024, the company reported a revenue of ₹78.11 Lakh, a decline of 30% compared to the previous year. For the same year it recorded a net profit of ₹12.42 Lakh (net margin 15.9%) and EBITDA of ₹17.82 Lakh (EBITDA margin 22.8%). Revenue has grown at a compounded annual rate (CAGR) of 66% over three years and 9% over five years.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
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- Registered AddressVairams 112 Thiyagaraya Road T. Nagar, Chennai, Tamil Nadu, India – 600017
- IndustryInformation Technology, Other Computer Related Activities
- 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 of Prosync Business Solutions Private Limited
The main business activity of Prosync Business Solutions is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | 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 Prosync Business Solutions Private Limited FY 2024 filings available
Prosync Business Solutions Private Limited reported revenue of ₹78.11 Lakh (down 30% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Prosync Business Solutions Private Limited
Revenue fell 30% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 9%. EBITDA fell 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 Prosync Business Solutions Private Limited
| 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 | ₹17.82 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹12.42 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 | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Prosync Business Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 22.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 15.9% | •••• | •••• | •••• | •••• |
| 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 Prosync Business Solutions are in the company report.
Financial statements from FY 2017
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 Prosync Business Solutions Private Limited
Prosync Business Solutions Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Computer programming, consultancy and related activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Amstar Technologies Private Limited | ₹78.18 Lakh (FY 2023) | •••• | •••• | -44.0% | •••• | Bengaluru, Karnataka, India |
| Innovators Innovation Private Limited | ₹78.17 Lakh (FY 2025) | •••• | •••• | 18.0% | •••• | Dehradun, Uttarakhand, India |
| Catori Infotech Private Limited | ₹78.14 Lakh (FY 2023) | •••• | •••• | -14.0% | •••• | Bangalore, Karnataka, India |
| Bitcircle India Private Limited | ₹78.13 Lakh (FY 2025) | •••• | •••• | 4.0% | •••• | Bangalore, Karnataka, India |
| Sanvir Technologies Private Limited | ₹78.12 Lakh (FY 2025) | •••• | •••• | 6.0% | •••• | Thrissur, Kerala, India |
| Prosync Business Solutions Private Limited this company | ₹78.11 Lakh (FY 2024) | •••• | •••• | -30.0% | •••• | Chennai, Tamil Nadu, India |
| Real Pluto Private Limited | ₹78.1 Lakh (FY 2025) | •••• | •••• | 4.0% | •••• | Mohali, Punjab, India |
| Jagadeka Smart Solutions Private Limited | ₹78.1 Lakh (FY 2024) | •••• | •••• | -18.0% | •••• | Guntur, Andhra Pradesh, India |
| Joyanto's It-Pro India Private Limited | ₹78.06 Lakh (FY 2025) | •••• | •••• | 67.0% | •••• | Kolkata, West Bengal, India |
| Hyposoft Global Solutions Private Limited | ₹78.02 Lakh (FY 2025) | •••• | •••• | -31.0% | •••• | Hyderabad, Telangana, India |
| Redevon IT Services Private Limited | ₹78 Lakh (FY 2024) | •••• | •••• | 28.0% | •••• | Nagercoil, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Prosync Business Solutions by revenue in the same principal business activity (Computer programming, consultancy and related activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Prosync Business Solutions Private Limited
Prosync Business Solutions has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pavitra Mumudi Somaraman | Director | 12 Apr 2016 | 10 Years 5 Months | Current |
| Zakir Husain Ali Bhai Anwar Also directs: Imarque Solutions Private Limited | Director | 12 Apr 2016 | 10 Years 5 Months | Current |
Ownership and Shareholding of Prosync Business 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 Prosync Business Solutions Private Limited
Prosync Business Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Prosync Business Solutions Private Limited
Employment history and EPFO contributions of people linked to Prosync Business Solutions.
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 Prosync Business Solutions Private Limited
Prosync Business Solutions Private Limited has 2 board changes on record since 2016: 2 appointments. The latest: Pavitra Mumudi Somaraman was appointed as Director on 12 Apr 2016.
Credit Ratings, Litigation & Regulatory Alerts for Prosync Business 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 Prosync Business 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 Prosync Business 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 Prosync Business Solutions Private Limited
Prosync Business Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAJCP8214B1ZR | Tamil Nadu | Active | 25 May 2018 |
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 Prosync Business 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 Prosync Business Solutions Private Limited
Prosync Business Solutions is an active private limited company based in Chennai, Tamil Nadu, India. The company works in other computer related activities, within the information technology industry. It was incorporated on 12 April 2016 (10+ years old) and is registered under CIN U72900TN2016PTC109952.
Prosync Business Solutions reported revenue of ₹78.11 Lakh for FY 2024 (down 30% YoY).
Prosync Business Solutions has 2 current directors:
- Pavitra Mumudi Somaraman - Director
- Zakir Husain Ali Bhai Anwar - Director
Prosync Business Solutions reported a net profit of ₹12.42 Lakh (net margin 15.9%) and EBITDA of ₹17.82 Lakh (EBITDA margin 22.8%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Prosync Business Solutions is 66% over three years and 9% over five years. In the latest year (FY 2024) revenue fell 30%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Prosync Business Solutions is 33AAJCP8214B1ZR, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Prosync Business Solutions is U72900TN2016PTC109952. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Prosync Business Solutions was incorporated on 12 April 2016, making it 10+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Prosync Business Solutions by revenue are Amstar Technologies Private Limited, Innovators Innovation Private Limited, Catori Infotech Private Limited, Bitcircle India Private Limited, Sanvir Technologies Private Limited and 5 more, all in the same principal business activity (Computer programming, consultancy and related activities).
Pavitra Mumudi Somaraman was appointed as Director on 12 Apr 2016. Zakir Husain Ali Bhai Anwar was appointed as Director on 12 Apr 2016.
The registered office of Prosync Business Solutions is at Vairams 112 Thiyagaraya Road T. Nagar, Chennai, Tamil Nadu, India – 600017.