Proxima Systems Private Limited
About Proxima Systems Private Limited
Data last updated:
Proxima Systems Private Limited was a private limited company based in Pune, Maharashtra, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 16 July 2020.
The company was registered with the Registrar of Companies (ROC), Pune, under CIN U72900PN2020PTC192061. Its GSTIN is 27AALCP2504N1Z4 (Maharashtra).
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Sanjeeva Reddy Dontireddy (Managing Director) and Dontireddy Sailaja.
Its last annual general meeting (AGM) was held on 28 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at S No. 134/1/43/1/2/44/1/2, Montelaire Office Pune Pashan, Maharashtra, India – 411021.
As per the financials filed for FY 2024, the company reported a revenue of ₹12.95 Cr, a growth of 20% compared to the previous year. For the same year it recorded a net profit of ₹14.38 Lakh (net margin 1.1%) and EBITDA of ₹24.87 Lakh (EBITDA margin 1.9%). Revenue has grown at a compounded annual rate (CAGR) of 64% over three years.
The company has about 69 employees on its provident fund (EPFO) records.
Company details
Contact details
Proxima Systems Private Limited's registered office is in Pune, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressS No. 134/1/43/1/2/44/1/2, Montelaire Office Pune Pashan, Maharashtra, India – 411021
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Proxima Systems 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 Proxima Systems is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Proxima Systems Private Limited, buy the company report.
Financials of Proxima Systems Private Limited
FY 2024 filings availableProxima Systems Private Limited reported revenue of ₹12.95 Cr (up 20% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 64% over three years, including 20% growth in the latest year. EBITDA rose 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
| Metrics | 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 | ₹24.87 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹14.38 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 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 1.9% | |||
| Net Profit Margin | 1.1% | |||
| 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 | ||||
To see the full financial statements and ratios of Proxima Systems Private Limited, buy the company report.
Board of directors of Proxima Systems Private Limited
Proxima Systems has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjeeva Reddy Dontireddy Also directs: Proxima Systems LLP, Sreesaila Networks Private Limited, Micronova Infotex Private Limited and 1 more | Managing Director | 16 Jul 2020 | 6 Years 3 Months | As last reported |
| Dontireddy Sailaja Also directs: Proxima Systems LLP, Sreesaila Networks Private Limited | Director | 16 Jul 2020 | 6 Years 3 Months | As last reported |
Peer comparison
Proxima Systems Private Limited is compared with the 8 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Clarisity Solutions Private Limited | ₹12.96 Cr (FY 2025) | 15.0% | Mumbai, Maharashtra, India | |||
| Hotwax Systems Private Limited | ₹12.96 Cr (FY 2025) | 2.0% | Indore, Madhya Pradesh, India | |||
| Zero Pixels Technologies Private Limited | ₹12.95 Cr (FY 2024) | 61.0% | Kanayannur, Kerala, India | |||
| TK Interactive Private Limited | ₹12.95 Cr (FY 2025) | 5.0% | Mumbai, Maharashtra, India | |||
| Proxima Systems Private Limitedthis company | ₹12.95 Cr (FY 2024) | ₹14.38 Lakh | 1.1% | 20.0% | 69 | Pune, Maharashtra, India |
| Vdart Software Services Private Limited | ₹12.95 Cr (FY 2025) | -4.0% | Tiruchirappalli, Tamil Nadu, India | |||
| Leviathan Systems Private Limited | ₹12.94 Cr (FY 2025) | -47.0% | Mumbai, Maharashtra, India | |||
| The Unified Cloud Private Limited | ₹12.94 Cr (FY 2025) | 4.0% | Delhi, India | |||
| Anyone Home IT Services Private Limited | ₹12.94 Cr (FY 2023) | 26.0% | Pune, Maharashtra, India |
To see the full peer comparison of Proxima Systems Private Limited, buy the company report.
Auditor
Proxima Systems Private Limited is audited by L N P & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| L N P & Co | FY 2023 | 008918S |
Shareholding
The shareholding of Proxima Systems Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2021 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Proxima Systems Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Proxima Systems 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 Proxima Systems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Proxima Systems Private Limited has a workforce of 69 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Proxima Systems has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AALCP2504N1Z4 | Maharashtra | Active | 29 Jul 2020 |
To see the full GST registrations and return filing status of Proxima Systems Private Limited, buy the company report.
Recent activity
Proxima Systems Private Limited has 2 board changes on record since 2020: 2 appointments. The latest: Dontireddy Sailaja was appointed as Director on 16 Jul 2020.
Frequently asked questions
Proxima Systems has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Proxima Systems was a private limited company based in Pune, Maharashtra, India. The company worked in IT consulting and support services, within the information technology industry. It was incorporated on 16 July 2020 and is registered under CIN U72900PN2020PTC192061. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Proxima Systems is U72900PN2020PTC192061. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Proxima Systems had 2 directors:
- Sanjeeva Reddy Dontireddy - Managing Director
- Dontireddy Sailaja - Director
Proxima Systems was incorporated on 16 July 2020. It is registered with the Registrar of Companies, Pune.
The registered office of Proxima Systems is at S No. 134143124412, Montelaire Office Pune Pashan, Maharashtra, India – 411021.
The latest financial statements of Proxima Systems on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 28 September 2024. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Proxima Systems is 27AALCP2504N1Z4, registered in Maharashtra.
Proxima Systems operated in the information technology industry, in the IT consulting and support services segment.
The peers of Proxima Systems by revenue are Clarisity Solutions Private Limited, Hotwax Systems Private Limited, Zero Pixels Technologies Private Limited, TK Interactive Private Limited, Vdart Software Services Private Limited and 3 more, all in the same principal business activity (computer programming, consultancy and related activities).
Dontireddy Sailaja was appointed as Director on 16 Jul 2020. Sanjeeva Reddy Dontireddy was appointed as Managing Director on 16 Jul 2020.