Prowess Sourcing Private Limited
About Prowess Sourcing Private Limited
Data last updated:
Prowess Sourcing Private Limited is a private limited company based in Saifabad, Telangana, India. It operates in the service-based operations segment of the business services sector. It was incorporated on 22 August 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U74999TG2019PTC134958. Its GSTIN is 37AAKCP7339N1ZL (Andhra Pradesh). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Nazima Parveen and Yaseen Khan.
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 H No 5 – 9 – 19/5 Opp Secretariat, Saifabad, Telangana, India – 500063.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.37 Lakh, a decline of 85% compared to the previous year. For the same year it recorded a net loss of ₹1.97 Lakh (net margin -143.4%) and EBITDA of -₹1.91 Lakh (EBITDA margin -138.9%). Revenue has declined at a compounded annual rate (CAGR) of 55% over three years.
Company details
Contact details
Prowess Sourcing Private Limited's registered office is in Saifabad, Telangana. Its e-mail address is in the company report.
- Email
- Registered AddressH No 5 – 9 – 19/5 Opp Secretariat, Saifabad, Telangana, India – 500063
- IndustryBusiness Services, Other Services, Miscellaneous Business Activities
To see the full contact details of Prowess Sourcing 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 Sourcing is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Prowess Sourcing Private Limited, buy the company report.
Financials of Prowess Sourcing Private Limited
FY 2024 filings availableProwess Sourcing Private Limited reported revenue of ₹1.37 Lakh (down 85% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 55% over three years, including a 85% fall in the latest year. EBITDA fell 523% 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 |
|---|---|---|---|---|---|
| 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 | -₹1.91 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.97 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -138.9% | ||||
| Net Profit Margin | -143.4% | ||||
| 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 | |||||
To see the full financial statements and ratios of Prowess Sourcing Private Limited, buy the company report.
Board of directors of Prowess Sourcing Private Limited
Prowess Sourcing has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nazima Parveen | Director | 13 Feb 2025 | 1 Years 8 Months | Current |
| Yaseen Khan | Director | 06 Feb 2025 | 1 Years 8 Months | Current |
Peer comparison
Prowess Sourcing Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other information & communication service activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Phycolinc Technologies Private Limited | ₹1.38 Lakh (FY 2023) | -94.0% | Ahmedabad, Gujarat, India | |||
| Airflash Communication and Technologies Private Limited | ₹1.38 Lakh (FY 2025) | 196.0% | New Delhi, Delhi, India | |||
| Tardigrade Technologies Private Limited | ₹1.38 Lakh (FY 2021) | -93.0% | Bangalore, Karnataka, India | |||
| Fit Me Tech Labs Private Limited | ₹1.37 Lakh (FY 2023) | -41.0% | Mumbai, Maharashtra, India | |||
| Yontech Solutions Private Limited | ₹1.37 Lakh (FY 2024) | 328.0% | Lucknow, Uttar Pradesh, India | |||
| Prowess Sourcing Private Limitedthis company | ₹1.37 Lakh (FY 2024) | -₹1.97 Lakh | -143.4% | -85.0% | Saifabad, Telangana, India | |
| Spootnikz Media Private Limited | ₹1.37 Lakh (FY 2022) | Ghaziabad, Uttar Pradesh, India | ||||
| Thinktech Software Co Pvt Ltd | ₹1.37 Lakh (FY 2018) | -86.0% | Kolkata, West Bengal, India | |||
| Renovent Business Xperts Private Limited | ₹1.37 Lakh (FY 2017) | -29.0% | Dehradun, Uttarakhand, India | |||
| Cloudwrx Techvision Private Limited | ₹1.37 Lakh (FY 2025) | -3.0% | Mumbai, Maharashtra, India | |||
| Ipace Infotech Private Limited | ₹1.37 Lakh (FY 2020) | Gurgaon, Haryana, India |
To see the full peer comparison of Prowess Sourcing Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Prowess Sourcing Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Prowess Sourcing Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Prowess Sourcing has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AAKCP7339N1ZL | Andhra Pradesh | Active | 07 Oct 2022 |
To see the full GST registrations and return filing status of Prowess Sourcing Private Limited, buy the company report.
Recent activity
Prowess Sourcing Private Limited has 7 board changes on record since 2019: 4 appointments and 3 cessations. The latest: Akunuri Swapna ceased to be Director on 15 Feb 2025.
Frequently asked questions
Prowess Sourcing is an active private limited company based in Saifabad, Telangana, India. The company works in other services, within the business services industry. It was incorporated on 22 August 2019 (7+ years old) and is registered under CIN U74999TG2019PTC134958.
Prowess Sourcing has 2 current directors:
- Nazima Parveen - Director
- Yaseen Khan - Director
The latest financial statements of Prowess Sourcing 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 FY 2020 are in the company report.
The GSTIN of Prowess Sourcing is 37AAKCP7339N1ZL, registered in Andhra Pradesh. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Prowess Sourcing is U74999TG2019PTC134958. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Prowess Sourcing was incorporated on 22 August 2019, making it 7+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Prowess Sourcing by revenue are Phycolinc Technologies Private Limited, Airflash Communication and Technologies Private Limited, Tardigrade Technologies Private Limited, Fit Me Tech Labs Private Limited, Yontech Solutions Private Limited and 5 more, all in the same principal business activity (other information & communication service activities).
Akunuri Swapna ceased to be Director on 15 Feb 2025. Rajesh Adi ceased to be Director on 15 Feb 2025. Nazima Parveen was appointed as Director on 13 Feb 2025. Prowess Sourcing has 7 board changes on record in total.
The registered office of Prowess Sourcing is at H No 5 – 9 – 195 Opp Secretariat, Saifabad, Telangana, India – 500063.
Prowess Sourcing operates in the business services industry, in the other services segment.
Prowess Sourcing can be reached at its registered office: H No 5 – 9 – 195 Opp Secretariat, Saifabad, Telangana, India – 500063.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
