MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-01-0033205
Proteus Enterprise Private Limited - energy and power in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹22.56 Cr
▼ 19% YoY
Net profit · FY 2024
₹1.06 Cr
Net margin 4.7%
EBITDA · FY 2024
₹2.65 Cr
EBITDA margin 11.8%
Authorised capital
₹1.5 Cr
Registered with MCA
Paid-up capital
₹55.62 Lakh
Issued & subscribed
Open charges
₹26.89 Cr
Satisfied ₹35.75 Cr
Company age
19 yrs
Est. 2007
Employees · EPFO
121
Provident fund records
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.
Proteus Enterprise Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0033205). 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.
Company details
CIN U29100GJ2007PTC051573
Registration Number 051573
Incorporation Date 22 August 2007
ROC Ahmedabad
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-GJ-01-0033205
Name history
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
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 |
Recognitions & Rankings of Proteus Enterprise
Contact details
Proteus Enterprise Private Limited's registered office is in Ahmedabad, Gujarat. Its website is proteusent.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressOffice No. 465 To 468 4th Floor Sobo Center South Bopal, Ahmedabad, Gujarat, India – 380058
- IndustryEnergy and Power, Power EPC, BoP & BTG Services
To see the full contact details of Proteus Enterprise Private Limited, buy the company report.
Comprehensive company report
Proteus Enterprise 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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Business activity
The main business activity of Proteus Enterprise is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Proteus Enterprise Private Limited, buy the company report.
Financials of Proteus Enterprise Private Limited
FY 2025 filings availableProteus Enterprise Private Limited reported revenue of ₹22.56 Cr (down 19% YoY) for FY 2024.
Revenue · FY 2024
₹22.56 Cr ▼ 19%
Net profit · FY 2024
₹1.06 Cr margin 4.7%
EBITDA · FY 2024
₹2.65 Cr margin 11.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 19%
3 years · compounded
▲ 1%
5 years · compounded
▼ 4%
EBITDA CAGR growth
1 year
▼ 23%
5 years · compounded
▼ 2%
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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹2.65 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.06 Cr | ||||
| Balance Sheet | |||||
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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 | 11.8% | ||||
| Net Profit Margin | 4.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Proteus Enterprise Private Limited, buy the company report.
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.
Current Directors
| 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 8 Months | Current |
Auditor
Proteus Enterprise Private Limited is audited by DATTANI PATEL & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DATTANI PATEL & CO | FY 2023 | 142078W |
Shareholding
The shareholding of Proteus Enterprise 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 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Proteus Enterprise Private Limited, buy the company report.
Charges & borrowings
Open charges
₹26.89 Cr
Satisfied charges
₹35.75 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Mar 2025 | 101064505 | Hdfc Bank Limited | ₹8 Lakh | Open | |
| 28 Feb 2024 | 100875475 | Axis Bank Limited | ₹23 Cr | Open | |
| 29 Apr 2022 | 100581195 | Axis Bank Limited | ₹2 Cr | Open | |
| 06 Feb 2021 | 100424774 | Hdfc Bank Limited | ₹1.5 Cr | Open | |
| 20 Dec 2017 | 100152295 | Others | ₹31.33 Lakh | Open |
To see the full charge records of Proteus Enterprise Private Limited, buy the company report.
Total charge records: 11 View all charges
Legal cases
Proteus Enterprise Private Limited has 2 court cases on record: 2 filed by Proteus Enterprise. All cases are disposed.
Total cases
2
Filed by the company
2
Disposed
2
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 Pvt. Ltd. | Disposed |
To see the full case history of Proteus Enterprise Private Limited, buy the company report.
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.
Credit ratings & regulatory alerts
Proteus Enterprise Private Limited was last rated by Crisil on 24 Dec 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 24 Dec 2020 |
To see the full credit ratings and regulatory alerts of Proteus Enterprise Private Limited, buy the company report.
MSME payment delays
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 |
To see the full MSME payment records of Proteus Enterprise Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Proteus Enterprise Private Limited has a workforce of 121 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
Employee count
121
Active EPFO establishments
1
Employee growth
-24.38%
GST
Proteus Enterprise has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCJ8854B1ZQ | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Proteus Enterprise Private Limited, buy the company report.
Recent activity
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.
AGM
Proteus Enterprise Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Proteus Enterprise Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.08 Cr with Charge ID 101064505 was registered on 20 Mar 2025.
Charges
A charge with Axis Bank Limited of Rs. 23.00 Cr registered on 28 Feb 2024 with Charge ID 100875475 was modified on 03 Aug 2024.
Charges
A charge with Axis Bank Limited amounted to Rs. 23.00 Cr with Charge ID 100875475 was registered on 28 Feb 2024.
Charges
A charge with Axis Bank Limited of Rs. 2.00 Cr registered on 29 Apr 2022 with Charge ID 100581195 was modified on 28 Feb 2024.
Charges
A charge registered on 17 Jul 2019 via Charge ID 100277155 with Others was fully satisfied on 18 Jul 2022.
Charges
A charge registered on 02 May 2019 via Charge ID 100271921 with Others was fully satisfied on 18 Jul 2022.
Charges
A charge with Axis Bank Limited amounted to Rs. 2.00 Cr with Charge ID 100581195 was registered on 29 Apr 2022.
Appointed
Jitessinh Abhaysinh Makvana was appointed as Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 1.50 Cr with Charge ID 100424774 was registered on 06 Feb 2021.
Charges
A charge with Others of Rs. 12.50 Cr registered on 17 Jul 2019 with Charge ID 100277155 was modified on 17 Jul 2020.
27 earlier events are in the company report.
Frequently asked questions
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 has 2 current directors:
- Jitessinh Abhaysinh Makvana - Director
- Paresh Balubhai Vadher - Director
The latest financial statements of Proteus Enterprise 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 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.
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.
Yes, Proteus Enterprise is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-01-0033205).
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.
Proteus Enterprise can be reached through the website proteusent.com. Its registered office is in Ahmedabad, Gujarat, India.