About Proteus Enterprise Private Limited
Data last updated:
Proteus Enterprise Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the power epc segment of the energy and power sector. It was incorporated on 22 August 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29100GJ2007PTC051573. Its GSTIN is 24AABCJ8854B1ZQ (Gujarat).
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹55.62 Lakh. It was formerly known as Jyoti Power Trans Grid Private Limited and Proteus Machines Private Limited. It is led by directors Jitessinh Abhaysinh Makvana and Paresh Balubhai Vadher.
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 Office No. 465 To 468 4th Floor Sobo Center South Bopal, Ahmedabad, Gujarat, India – 380058.
As per the financials filed for FY 2024, the company reported a revenue of ₹22.56 Cr, a decline of 19% compared to the previous year. For the same year it recorded a net profit of ₹1.06 Cr (net margin 4.7%) and EBITDA of ₹2.65 Cr (EBITDA margin 11.8%). Revenue has declined at a compounded annual rate (CAGR) of 1% over three years and 4% over five years.
The company has about 121 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹26.89 Cr and satisfied charges of ₹35.75 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website proteusent.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressOffice No. 465 To 468 4th Floor Sobo Center South Bopal, Ahmedabad, Gujarat, India – 380058
- IndustryEnergy and Power, Power EPC, BoP & BTG Services
- 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 Proteus Enterprise Private Limited
The main business activity of Proteus Enterprise is manufacturing. In detail, this covers metal and metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | 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 Proteus Enterprise Private Limited FY 2025 filings available
Proteus Enterprise Private Limited reported revenue of ₹22.56 Cr (down 19% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Proteus Enterprise Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 4% over five years, including a 19% fall in the latest year. EBITDA fell 23% 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 Proteus Enterprise 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 | ₹2.65 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.06 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 Proteus Enterprise Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 4.7% | •••• | •••• | •••• | •••• |
| 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 Proteus Enterprise are in the company report.
Financial statements from 2015
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 Proteus Enterprise Private Limited
Proteus Enterprise Private Limited is compared with the companies closest to it by revenue in the Power industry (EPC, BoP and BTG). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Suryakamal Infra Private Limited | ₹22.94 Cr (FY 2025) | •••• | •••• | 20.0% | •••• | Ahmedabad, Gujarat, India |
| Asun Solar Power Private Limited | ₹22.73 Cr (FY 2025) | •••• | •••• | 60.0% | •••• | New Delhi, Delhi, India |
| Samved Energy Systems Private Limited | ₹22.62 Cr (FY 2025) | •••• | •••• | 94.0% | •••• | Pune, Maharashtra, India |
| Satish Saluja Power Solutions Private Limited | ₹22.6 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | Gwalior, Madhya Pradesh, India |
| Sterlite Grid 18 Limited | ₹22.58 Cr (FY 2025) | •••• | •••• | -90.0% | •••• | Silvassa, Dadra and Nagar Haveli, India |
| Proteus Enterprise Private Limited this company | ₹22.56 Cr (FY 2024) | •••• | •••• | -19.0% | •••• | Ahmedabad, Gujarat, India |
| Godavari Projects Private Limited | ₹22.55 Cr (FY 2024) | •••• | •••• | -2.0% | •••• | Hyderabad, Telangana, India |
| V V Electricals Private Limited | ₹22.51 Cr (FY 2024) | •••• | •••• | 93.0% | •••• | Telangana, India |
| Triskelion Industries Private Limited | ₹22.46 Cr (FY 2025) | •••• | •••• | •••• | Aurangabad, Maharashtra, India | |
| Auskini Infraqp Private Limited | ₹22.46 Cr (FY 2018) | •••• | •••• | 28.0% | •••• | Noida, Uttar Pradesh, India |
| Fidato Consultants Private Limited | ₹22.46 Cr (FY 2025) | •••• | •••• | 570.0% | •••• | Dehradun, Uttarakhand, India |
Peers are the five companies nearest above and the five nearest below Proteus Enterprise by revenue in the Power industry (EPC, BoP and BTG), 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 Proteus Enterprise Private Limited
Proteus Enterprise Private Limited is audited by DATTANI PATEL & CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| DATTANI PATEL & 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 Proteus Enterprise Private Limited
Proteus Enterprise has 2 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jitessinh Abhaysinh Makvana | Director | 12 May 2021 | 5 Years 5 Months | Current |
| Paresh Balubhai Vadher | Director | 28 Feb 2015 | 11 Years 7 Months | Current |
Ownership and Shareholding of Proteus Enterprise 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 Proteus Enterprise Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Mar 2025 | Hdfc Bank Limited | ₹8 Lakh | Open |
| 28 Feb 2024 | Axis Bank Limited | ₹23 Cr | Open |
| 29 Apr 2022 | Axis Bank Limited | ₹2 Cr | Open |
| 06 Feb 2021 | Hdfc Bank Limited | ₹1.5 Cr | Open |
| 20 Dec 2017 | Others | ₹31.33 Lakh | Open |
Total charge records: 11 View all charges
Legal Cases of Proteus Enterprise Private Limited
Proteus Enterprise Private Limited has 2 court cases on record: 2 filed by Proteus Enterprise. All cases are disposed. Status as checked on 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 0 |
Cases on record (1 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Criminal miscellaneous application | Filed by the company against Jekson Machinery Private Limited | Disposed |
Full case history
All 2 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME Payment Delays by Proteus Enterprise Private Limited
Proteus Enterprise Private Limited has 14 MSME Form 1 returns on record between 2018 and 2024, listing 133 overdue payments to 32 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 32)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Bunitech Metallurgical Services Private Limited | •••• | •••• | •••• |
| Dattani Patel & Co | •••• | •••• | •••• |
| Abdul Husian Jiwaji | •••• | •••• | •••• |
| Groovefab International Pvtltd | •••• | •••• | •••• |
| D K D Engineers Private Limited | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 14 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
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 Proteus Enterprise Private Limited
Proteus Enterprise Private Limited has a workforce of 121 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.
Name History of Proteus Enterprise Private Limited
Proteus Enterprise has undergone 2 name changes throughout its history. The company was previously known as Jyoti Power Trans Grid Private Limited, and Proteus Machines Private Limited. The current legal name is Proteus Enterprise Private Limited.
| Company Name | Status |
|---|---|
| Proteus Enterprise Private Limited | Current |
| Jyoti Power Trans Grid Private Limited | Previous |
| Proteus Machines Private Limited | Previous |
CIN History of Proteus Enterprise Private Limited
Proteus Enterprise has one previous CIN (Corporate Identification Number): U40108GJ2007PTC051573. The current CIN is U29100GJ2007PTC051573, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U29100GJ2007PTC051573 | Current |
| U40108GJ2007PTC051573 | Previous |
Recent Activity on Proteus Enterprise Private Limited
Proteus Enterprise Private Limited has 13 board changes on record since 2013: 2 appointments and 11 cessations. The latest: Jitessinh Abhaysinh Makvana was appointed as Director on 12 May 2021.
27 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Proteus Enterprise 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.
Subsidiaries & Group Companies of Proteus Enterprise 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 Proteus Enterprise Private Limited
Proteus Enterprise has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCJ8854B1ZQ | Gujarat | Active | 01 Jul 2017 |
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 Proteus Enterprise 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 Proteus Enterprise Private Limited
Proteus Enterprise is an active private limited company based in Ahmedabad, Gujarat, India. The company works in power epc, within the energy and power industry. It was incorporated on 22 August 2007 (19+ years old) and is registered under CIN U29100GJ2007PTC051573.
Proteus Enterprise reported revenue of ₹22.56 Cr for FY 2024 (down 19% YoY).
Proteus Enterprise has 2 current directors:
- Jitessinh Abhaysinh Makvana - Director
- Paresh Balubhai Vadher - Director
Proteus Enterprise reported a net profit of ₹1.06 Cr (net margin 4.7%) and EBITDA of ₹2.65 Cr (EBITDA margin 11.8%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Proteus Enterprise is 1% over three years and -4% over five years. In the latest year (FY 2024) revenue fell 19%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Proteus Enterprise is 24AABCJ8854B1ZQ, registered in Gujarat.
The CIN (Corporate Identification Number) of Proteus Enterprise is U29100GJ2007PTC051573. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Proteus Enterprise has 2 court cases on record: 2 filed by the company.
Proteus Enterprise was incorporated on 22 August 2007, making it 19+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Proteus Enterprise by revenue are Suryakamal Infra Private Limited, Asun Solar Power Private Limited, Samved Energy Systems Private Limited, Satish Saluja Power Solutions Private Limited, Sterlite Grid 18 Limited and 5 more, all in the Power industry (EPC, BoP and BTG).
Jitessinh Abhaysinh Makvana was appointed as Director on 12 May 2021. Haresh Ranchhodbhai Kher ceased to be Director on 15 Mar 2017. Sanyal Yogendra Patel ceased to be Director on 29 Dec 2016. Proteus Enterprise has 13 board changes on record in total.
Proteus Enterprise has 14 MSME Form 1 returns on record between 2018 and 2024, listing 133 overdue payments to 32 micro and small suppliers. The latest return was filed on 29 Apr 2024.