About Prov Infotech Systems Private Limited
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Prov Infotech Systems Private Limited is a foreign private limited company based in Chennai, Tamil Nadu, India, a subsidiary of Prov Cyprus Ltd, Cyprus. It operates in the computer programming segment of the technology and IT services sector. It was incorporated on 13 August 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U74990TN2010FTC077003. Its GSTIN is 33AAFCP6125R1Z0 (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 including Ajit Sivasankaran Nair and Rama Satya Naga Srinivas Anand Yalamarty.
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 Rmz Millennia Business Park, Chennai, Tamil Nadu.
As per the financials filed for FY 2024, the company reported a revenue of ₹40.22 Cr, a growth of 2% compared to the previous year. For the same year it recorded a net profit of ₹4.64 Cr (net margin 11.5%) and EBITDA of ₹6.52 Cr (EBITDA margin 16.2%). Revenue has grown at a compounded annual rate (CAGR) of 26% over three years and 8% over five years.
Court records list 2 cases involving the company, including 2 filed by the company; 1 case is 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 provintl.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressRmz Millennia Business Park Campus 5, Building 143 Dr. Mgr Road Sholinganallur, Chennai, Tamil Nadu, India – 600096
- IndustryInformation Technology, Computer Programming, Consultancy
- 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 Prov Infotech Systems Private Limited
The main business activity of Prov Infotech Systems 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 Prov Infotech Systems Private Limited FY 2024 filings available
Prov Infotech Systems Private Limited reported revenue of ₹40.22 Cr (up 2% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Prov Infotech Systems Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 8% over five years, including 2% growth in the latest year. 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 Prov Infotech Systems 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 | ₹6.52 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹4.64 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 Prov Infotech Systems Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 16.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 11.5% | •••• | •••• | •••• | •••• |
| 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 Prov Infotech Systems 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.
Board of Directors of Prov Infotech Systems Private Limited
Prov Infotech Systems has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ajit Sivasankaran Nair | Director | 13 Aug 2010 | 16 Years 2 Months | Current |
| Rama Satya Naga Srinivas Anand Yalamarty | Director | 12 Nov 2018 | 7 Years 11 Months | Current |
| Sridhar Ramaswamy | Director | 02 Mar 2020 | 6 Years 7 Months | Current |
Peer Comparison of Prov Infotech Systems Private Limited
Prov Infotech Systems 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 |
|---|---|---|---|---|---|---|
| Jayam Solutions Private Limited | ₹40.37 Cr (FY 2025) | •••• | •••• | 31.0% | •••• | Hyderabad, Telangana, India |
| Ittechies Services Private Limited | ₹40.36 Cr (FY 2024) | •••• | •••• | -10.0% | •••• | Mumbai, Maharashtra, India |
| Aircom International (India) Private Limited | ₹40.34 Cr (FY 2025) | •••• | •••• | 96.0% | •••• | New Delhi, Delhi, India |
| Sensiple Software Solutions Private Limited | ₹40.33 Cr (FY 2025) | •••• | •••• | -13.0% | •••• | Chennai, Tamil Nadu, India |
| Boston Harbor Consulting Private Limited | ₹40.23 Cr (FY 2024) | •••• | •••• | -21.0% | •••• | Chennai, Tamil Nadu, India |
| Prov Infotech Systems Private Limited this company | ₹40.22 Cr (FY 2024) | •••• | •••• | 2.0% | •••• | Chennai, Tamil Nadu, India |
| K-Logix Partnering Solutions Private Limited | ₹40.19 Cr (FY 2025) | •••• | •••• | 141.0% | •••• | Visakhapatnam, Andhra Pradesh, India |
| Spectrum Offshore & Onshore Services Private Limited | ₹40.17 Cr (FY 2025) | •••• | •••• | 54.0% | •••• | Navi Mumbai, Maharashtra, India |
| Achala IT Solutions Private Limited | ₹40.15 Cr (FY 2024) | •••• | •••• | 27.0% | •••• | Hyderabad, Telangana, India |
| Instem India Private Limited | ₹40.13 Cr (FY 2024) | •••• | •••• | 31.0% | •••• | Pune, Maharashtra, India |
| Quantum Business Advisory Private Limited | ₹40.1 Cr (FY 2023) | •••• | •••• | 246.0% | •••• | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Prov Infotech Systems 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.
Auditor Details of Prov Infotech Systems Private Limited
Prov Infotech Systems Private Limited is audited by SANJAY KADEL & CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SANJAY KADEL & 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.
Ownership and Shareholding of Prov Infotech Systems 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 Prov Infotech Systems Private Limited
Prov Infotech Systems Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Prov Infotech Systems Private Limited
Prov Infotech Systems Private Limited has 2 court cases on record: 2 filed by Prov Infotech Systems. 1 case is pending and 1 is disposed. Status as checked between 30 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chengalpattu, Tamil Nadu | Criminal complaint | Filed by the company against an individual | Pending |
| District court, Chengalpattu, Tamil Nadu | Criminal miscellaneous application | Filed by the company against an individual | 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.
Employees and EPFO Compliance at Prov Infotech Systems Private Limited
Employment history and EPFO contributions of people linked to Prov Infotech Systems.
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 Prov Infotech Systems Private Limited
Prov Infotech Systems Private Limited has 7 board changes on record since 2010: 3 appointments and 4 cessations. The latest: Sridhar Ramaswamy ceased to be Additional Director on 31 Dec 2020.
Credit Ratings, Litigation & Regulatory Alerts for Prov Infotech Systems 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 Prov Infotech Systems 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 Prov Infotech Systems 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 Prov Infotech Systems Private Limited
Prov Infotech Systems has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAFCP6125R1Z0 | Tamil Nadu | 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 Prov Infotech Systems 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 Prov Infotech Systems Private Limited
Prov Infotech Systems is an active foreign private limited company based in Chennai, Tamil Nadu, India. The company works in computer programming, within the information technology industry. It was incorporated on 13 August 2010 (16+ years old) and is registered under CIN U74990TN2010FTC077003.
Prov Infotech Systems reported revenue of ₹40.22 Cr for FY 2024 (up 2% YoY).
Prov Infotech Systems has 3 current directors:
- Ajit Sivasankaran Nair - Director
- Rama Satya Naga Srinivas Anand Yalamarty - Director
- Sridhar Ramaswamy - Director
Prov Infotech Systems reported a net profit of ₹4.64 Cr (net margin 11.5%) and EBITDA of ₹6.52 Cr (EBITDA margin 16.2%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Prov Infotech Systems is 26% over three years and 8% over five years. In the latest year (FY 2024) revenue rose 2%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Prov Infotech Systems is 33AAFCP6125R1Z0, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Prov Infotech Systems is U74990TN2010FTC077003. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Prov Infotech Systems has 2 court cases on record: 2 filed by the company. 1 is pending.
Prov Infotech Systems was incorporated on 13 August 2010, making it 16+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Prov Infotech Systems by revenue are Jayam Solutions Private Limited, Ittechies Services Private Limited, Aircom International (India) Private Limited, Sensiple Software Solutions Private Limited, Boston Harbor Consulting Private Limited and 5 more, all in the same principal business activity (Computer programming, consultancy and related activities).
Sridhar Ramaswamy ceased to be Additional Director on 31 Dec 2020. Mahendravadi Ramachandran Venkatesan ceased to be Director on 02 Mar 2020. Sridhar Ramaswamy was appointed as Director on 02 Mar 2020. Prov Infotech Systems has 7 board changes on record in total.