About Prova Technotrade Private Limited
Data last updated:
Prova Technotrade Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 13 February 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51397MH2004PTC144526. Its GSTIN is 27AADCP2029C1ZV (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Hiren Pravinchandra Shah (Managing Director) and Pinky Hiren Shah.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.14 Cr, a decline of 12% compared to the previous year. For the same year it recorded a net profit of ₹8.49 Lakh (net margin 4%) and EBITDA of ₹12.5 Lakh (EBITDA margin 5.8%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 13% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website prova.co.in.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressGala No. 103 Bldg No. 5, Jogani Industrial Complex, Mumbai, Maharashtra, India – 400022
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
- 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 Prova Technotrade Private Limited
The main business activities of Prova Technotrade are manufacturing and trade. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities and retail trading. 2 activity segments are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities | Locked |
| G | Trade | G2 | Retail Trading | 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 Prova Technotrade Private Limited FY 2025 filings available
Prova Technotrade Private Limited reported revenue of ₹2.14 Cr (down 12% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Prova Technotrade Private Limited
Revenue fell 12% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 13%. EBITDA fell 11% 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 Prova Technotrade Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹12.5 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹8.49 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 | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Prova Technotrade Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 4% | •••• | •••• | •••• | •••• |
| 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 Prova Technotrade 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 Prova Technotrade Private Limited
Prova Technotrade Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Industrial Products Manufacturers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Srad Services Private Limited | ₹2.15 Cr (FY 2024) | •••• | •••• | 45.0% | •••• | Nashik, Maharashtra, India |
| Display Sign System Private Limited | ₹2.15 Cr (FY 2025) | •••• | •••• | 22.0% | •••• | Faridabad, Haryana, India |
| Wetpoint Aqua Equipments Private Limited | ₹2.15 Cr (FY 2024) | •••• | •••• | 10.0% | •••• | Gwalior, Madhya Pradesh, India |
| Expanda Stand Private Limited | ₹2.14 Cr (FY 2024) | •••• | •••• | 29.0% | •••• | Chennai, Tamil Nadu, India |
| Kapurthala Durastic Private Limited | ₹2.14 Cr (FY 2025) | •••• | •••• | 80.0% | •••• | Punjab, India |
| Prova Technotrade Private Limited this company | ₹2.14 Cr (FY 2025) | •••• | •••• | -12.0% | •••• | Mumbai, Maharashtra, India |
| Airzon Technologies Private Limited | ₹2.14 Cr (FY 2025) | •••• | •••• | 50.0% | •••• | Ahmedabad, Gujarat, India |
| Classic Coils Private Limited | ₹2.14 Cr (FY 2025) | •••• | •••• | 62.0% | •••• | Bangalore, Karnataka, India |
| Sanatan Sustainable Solutions Private Limited | ₹2.14 Cr (FY 2025) | •••• | •••• | 62.0% | •••• | Ujjain, Madhya Pradesh, India |
| Garfield Engineering Private Limited | ₹2.14 Cr (FY 2025) | •••• | •••• | 11767.0% | •••• | Gurgaon, Haryana, India |
| Nanxing Newton India Private Limited | ₹2.14 Cr (FY 2022) | •••• | •••• | 34189.0% | •••• | Madavara, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Prova Technotrade by revenue in the Machinery and Equipment industry (Industrial Products Manufacturers), 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 Prova Technotrade Private Limited
Prova Technotrade Private Limited is audited by JAYESH S SHAH & CO for the financial year 2018.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| JAYESH S SHAH & 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 Prova Technotrade Private Limited
Prova Technotrade has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hiren Pravinchandra Shah | Managing Director | 13 Dec 2004 | 21 Years 9 Months | Current |
| Pinky Hiren Shah | Director | 13 Dec 2004 | 21 Years 9 Months | Current |
Ownership and Shareholding of Prova Technotrade 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 Prova Technotrade Private Limited
Prova Technotrade Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Prova Technotrade Private Limited
Employment history and EPFO contributions of people linked to Prova Technotrade.
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 Prova Technotrade Private Limited
Prova Technotrade Private Limited has 3 board changes on record since 2004: 2 appointments and 1 cessation. The latest: Pinky Hiren Shah ceased to be Managing Director on 20 Jan 2021.
Credit Ratings, Litigation & Regulatory Alerts for Prova Technotrade 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 Prova Technotrade 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 Prova Technotrade 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 Prova Technotrade Private Limited
Prova Technotrade has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCP2029C1ZV | Maharashtra | 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 Prova Technotrade 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 Prova Technotrade Private Limited
Prova Technotrade is an active private limited company based in Mumbai, Maharashtra, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 13 February 2004 (22+ years old) and is registered under CIN U51397MH2004PTC144526.
Prova Technotrade reported revenue of ₹2.14 Cr for FY 2025 (down 12% YoY).
Prova Technotrade has 2 current directors:
- Hiren Pravinchandra Shah - Managing Director
- Pinky Hiren Shah - Director
Prova Technotrade reported a net profit of ₹8.49 Lakh (net margin 4%) and EBITDA of ₹12.5 Lakh (EBITDA margin 5.8%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Prova Technotrade is -5% over three years and 13% over five years. In the latest year (FY 2025) revenue fell 12%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Prova Technotrade is 27AADCP2029C1ZV, registered in Maharashtra.
The CIN (Corporate Identification Number) of Prova Technotrade is U51397MH2004PTC144526. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Prova Technotrade was incorporated on 13 February 2004, making it 22+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Prova Technotrade by revenue are Srad Services Private Limited, Display Sign System Private Limited, Wetpoint Aqua Equipments Private Limited, Expanda Stand Private Limited, Kapurthala Durastic Private Limited and 5 more, all in the Machinery and Equipment industry (Industrial Products Manufacturers).
Pinky Hiren Shah ceased to be Managing Director on 20 Jan 2021. Hiren Pravinchandra Shah was appointed as Managing Director on 13 Dec 2004. Pinky Hiren Shah was appointed as Director on 13 Dec 2004.
Prova Technotrade can be reached through the website prova.co.in. Its registered office is in Mumbai, Maharashtra, India.