Prowess Financial Services Private Limited
About Prowess Financial Services Private Limited
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Prowess Financial Services Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the investment and credit NBFC segment of the financial services sector. It was incorporated on 25 February 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U65191MH1997PTC106146.
The company has an authorised share capital of ₹13.65 Cr and a paid-up capital of ₹3.81 Cr. It is led by directors including Prafulla Prabhakar Gaurihar and Abha Satish Chaturvedi.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2018, the company reported a revenue of ₹68.62 Lakh, a growth of 9% compared to the previous year. For the same year it recorded a net profit of ₹29.02 Lakh (net margin 42.3%) and EBITDA of ₹39.19 Lakh (EBITDA margin 57.1%). Revenue has declined at a compounded annual rate (CAGR) of 4% over three 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 active non-compliant by the Registrar of Companies.
Company details
Contact details
Prowess Financial Services Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address1 2 3 Floor – Grd Plot – 26/28, Worli Sagar Chs Sir Pochkhanwala Road, Mumbai, Maharashtra, India – 400030
- IndustryFinancial Services, Investment & Credit NBFC, NBFC
To see the full contact details of Prowess Financial Services Private Limited, buy the company report.
- 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
Business activity
The main business activity of Prowess Financial Services is financial and insurance activities. In detail, this covers activities auxiliary to financial service and insurance activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance activities | 66 | Activities auxiliary to financial service and insurance activities |
To see the full business activity and turnover split of Prowess Financial Services Private Limited, buy the company report.
Financials of Prowess Financial Services Private Limited
FY 2024 filings availableProwess Financial Services Private Limited reported revenue of ₹68.62 Lakh (up 9% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue rose 9% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 4%. EBITDA fell 10% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹68.62 Lakh | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹39.19 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹29.02 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
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 57.1% | |||
| Net Profit Margin | 42.3% | |||
| 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 | ||||
To see the full financial statements and ratios of Prowess Financial Services Private Limited, buy the company report.
Board of directors of Prowess Financial Services Private Limited
Prowess Financial Services has 5 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prafulla Prabhakar Gaurihar Also directs: Permanent Multitrade LLP, Vaishali Realities Private Limited, Vaishali Realities Private Limited and 5 more | Director | 05 Dec 2023 | 2 Years 10 Months | Current |
| Abha Satish Chaturvedi Also directs: Permanent Multitrade LLP, Vaishali Realities Private Limited, Vaishali Realities Private Limited and 5 more | Director | 13 Apr 2003 | 23 Years 6 Months | Current |
| Pallavi Sameer Chaturvedi | Director | 13 Apr 2003 | 23 Years 6 Months | Current |
| Satish Jhaulal Chaturvedi Also directs: Permanent Multitrade LLP, Dushyant Iron and Steel Works Pvt Ltd | Director | 07 Aug 1997 | 29 Years 2 Months | Current |
| Sheetal Dushyant Chaturvedi Also directs: Permanent Multitrade LLP | Additional Director | 01 Feb 2011 | 15 Years 9 Months | Current |
Shareholding
The shareholding of Prowess Financial Services Private Limited is on record for 4 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Prowess Financial Services Private Limited, buy the company report.
Legal cases
Prowess Financial Services Private Limited has 2 court cases on record: 2 filed by Prowess Financial Services. 1 case is pending and 1 is disposed.
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, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed by the company against an individual | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed by the company against an individual | Disposed |
To see the full case history of Prowess Financial Services 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Prowess Financial Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Prowess Financial Services Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Prowess Financial Services Private Limited has 6 board changes on record since 1997: 5 appointments and 1 cessation. The latest: Prafulla Prabhakar Gaurihar was appointed as Director on 05 Dec 2023.
Frequently asked questions
Prowess Financial Services is an active private limited company based in Mumbai, Maharashtra, India. The company works in investment and credit nbfc, within the financial services industry. It was incorporated on 25 February 1997 (29+ years old) and is registered under CIN U65191MH1997PTC106146.
Prowess Financial Services has 5 current directors:
- Prafulla Prabhakar Gaurihar - Director
- Abha Satish Chaturvedi - Director
- Pallavi Sameer Chaturvedi - Director
- Satish Jhaulal Chaturvedi - Director
- Sheetal Dushyant Chaturvedi - Additional Director
The latest financial statements of Prowess Financial Services on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Prowess Financial Services is U65191MH1997PTC106146. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Prowess Financial Services has 2 court cases on record: 2 filed by the company. 1 is pending.
Prowess Financial Services was incorporated on 25 February 1997, making it 29+ years old. It is registered with the Registrar of Companies, Mumbai.
Prafulla Prabhakar Gaurihar was appointed as Director on 05 Dec 2023. Dushyant Satish Chaturvedi ceased to be Director on 06 Jan 2020. Sheetal Dushyant Chaturvedi was appointed as Additional Director on 01 Feb 2011. Prowess Financial Services has 6 board changes on record in total.
The registered office of Prowess Financial Services is at 1 2 3 Floor – Grd Plot – 2628, Worli Sagar Chs Sir Pochkhanwala Road, Mumbai, Maharashtra, India – 400030.
Prowess Financial Services operates in the financial services industry, in the investment and credit nbfc segment.
The compliance status of Prowess Financial Services is active non-compliant as of 25 September 2026. The company is actively filing with the Registrar of Companies.
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