About Provartesting India Private Limited
Data last updated:
Provartesting India Private Limited is a private limited company based in Sector -45, Haryana, India, a subsidiary of Provar Limited, Uk. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 08 March 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U72900HR2016PTC058517. Its GSTIN is 06AAKCM2289G1Z9 (Haryana).
The company has an authorised share capital of ₹1.01 Cr and a paid-up capital of ₹10.7 Lakh. It was formerly known as Make Positive Provar India Private Limited and Provartesting Private Limited. It is led by directors Kanthi Krishna Sri Naga Venkata Sowjanya Perumalla and Ashutosh Sharma.
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 Unit No 1404 And 1405 14th Floor Tower C Uni Techworld Cyber Park, Sector 39, Unit No 1404 And 1405 14th Floor Tower C Uni Techworld Cyber Park, Haryana.
As per the financials filed for FY 2024, the company reported a revenue of ₹36.85 Cr, a decline of 5% compared to the previous year. For the same year it recorded a net profit of ₹3.36 Cr (net margin 9.1%) and EBITDA of ₹5.21 Cr (EBITDA margin 14.1%). Revenue has grown at a compounded annual rate (CAGR) of 28% over three years and 34% over five years.
The company has about 99 employees on its provident fund (EPFO) records.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website provartesting.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressUnit No 1404 And 1405 14th Floor Tower C Uni Techworld Cyber Park, Sector 39 Gurugram – 122003 Haryana, Sector – 45, Haryana, India – 122003
- IndustryInformation Technology, Application Development & Software Solutions
- 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 Provartesting India Private Limited
The main business activity of Provartesting India 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 Provartesting India Private Limited FY 2024 filings available
Provartesting India Private Limited reported revenue of ₹36.85 Cr (down 5% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Provartesting India Private Limited
Revenue fell 5% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 34%. EBITDA fell 17% 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 Provartesting India 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 | ₹5.21 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹3.36 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 | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Provartesting India Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 14.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 9.1% | •••• | •••• | •••• | •••• |
| 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 Provartesting India are in the company report.
Financial statements from FY 2016
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.
Auditor Details of Provartesting India Private Limited
Provartesting India Private Limited is audited by SAURABH AGRAWAL & CO. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SAURABH AGRAWAL & 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 Provartesting India Private Limited
Provartesting India has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kanthi Krishna Sri Naga Venkata Sowjanya Perumalla | Director | 03 Aug 2018 | 8 Years 2 Months | Current |
| Ashutosh Sharma | Director | 08 Mar 2016 | 10 Years 6 Months | Current |
Ownership and Shareholding of Provartesting India 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 Provartesting India Private Limited
Provartesting India Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Provartesting India Private Limited
Provartesting India Private Limited has a workforce of 99 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 Provartesting India Private Limited
Provartesting India has undergone 2 name changes throughout its history. The company was previously known as Make Positive Provar India Private Limited, and Provartesting Private Limited. The current legal name is Provartesting India Private Limited.
| Company Name | Status |
|---|---|
| Provartesting India Private Limited | Current |
| Make Positive Provar India Private Limited | Previous |
| Provartesting Private Limited | Previous |
Recent Activity on Provartesting India Private Limited
Director changes at Provartesting India Private Limited
Provartesting India Private Limited has 4 board changes on record since 2016: 2 appointments and 2 cessations. The latest: Kanthi Krishna Sri Naga Venkata Sowjanya Perumalla ceased to be Additional Director on 29 Sep 2018.
Credit Ratings, Litigation & Regulatory Alerts for Provartesting India 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 Provartesting India 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 Provartesting India 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 Provartesting India Private Limited
Provartesting India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAKCM2289G1Z9 | Haryana | 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 Provartesting India 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 Provartesting India Private Limited
Provartesting India is an active private limited company based in Sector -45, Haryana, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 08 March 2016 (10+ years old) and is registered under CIN U72900HR2016PTC058517.
Provartesting India reported revenue of ₹36.85 Cr for FY 2024 (down 5% YoY).
Provartesting India has 2 current directors:
- Kanthi Krishna Sri Naga Venkata Sowjanya Perumalla - Director
- Ashutosh Sharma - Director
Provartesting India reported a net profit of ₹3.36 Cr (net margin 9.1%) and EBITDA of ₹5.21 Cr (EBITDA margin 14.1%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Provartesting India is 28% over three years and 34% over five years. In the latest year (FY 2024) revenue fell 5%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Provartesting India is 06AAKCM2289G1Z9, registered in Haryana.
The CIN (Corporate Identification Number) of Provartesting India is U72900HR2016PTC058517. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Provartesting India was incorporated on 08 March 2016, making it 10+ years old. It is registered with the Registrar of Companies, Delhi.
Kanthi Krishna Sri Naga Venkata Sowjanya Perumalla ceased to be Additional Director on 29 Sep 2018. Kanthi Krishna Sri Naga Venkata Sowjanya Perumalla was appointed as Director on 03 Aug 2018. Manu Dewan ceased to be Director on 03 Aug 2018. Provartesting India has 4 board changes on record in total.
Provartesting India can be reached through the website provartesting.com. Its registered office is in Sector -45, Haryana, India.