Profex Resources Limited

Provides security guard services to various clients, including Blue Dart, Citi Bank, and DP World.

1997 | Ahmedabad, Gujarat (India) | Active
Last Updated:

Profex Resources Profile

Key Indicators

  • Authorised Capital ₹ 1.10 Cr
  • Paid Up Capital ₹ 1.10 Cr
  • Company Age 27 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 5.29 Cr
  • Satisfied Charges ₹ 1.30 Cr
  • Revenue Growth 20.03%
  • Profit Growth 11.93%
  • Ebitda 91.35%
  • Net Worth 7.87%
  • Total Assets 38.11%

About Profex Resources

Profex Resources Limited (PRL) is a leading Public Limited Indian Non-Government Company incorporated in India on 29 September 1997 and has a history of 27 years and seven months. Its registered office is in Ahmedabad, Gujarat, India.

The Corporate was formerly known as M.G.Foams Limited. The Company is engaged in the Business Services Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 1.10 Cr and a paid-up capital of Rs 1.10 Cr.

The company currently has active open charges totaling ₹5.29 Cr. The company has closed loans amounting to ₹1.30 Cr, as per Ministry of Corporate Affairs (MCA) records.

Suresh Punjabi, Kavita Punjabi, and Karankumar Punjabi serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74999GJ1997PLC033082

  • Company No.

    033082

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    29 Sep 1997

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Business Services
Company report

Profex Resources Limited

Explore comprehensive data for Profex Resources Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Profex Resources?

Board Members (3)

NameDesignationAppointment DateStatus
Suresh Punjabi Country flag representing In Director 29-Sep-1997Current
Kavita Punjabi Country flag representing In Director 04-Dec-2006Current
Karankumar Punjabi Country flag representing In Director 01-Oct-2015Current

Financial Performance of Profex Resources.

Profex Resources Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 20.03% increase. The company also saw a substantial improvement in profitability, with a 11.93% increase in profit. The company's net worth moved up by a moderate rise of 7.87%.

Profex Resources revenue growth over time
Profex Resources profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
20.03%
Revenue from Operations
19.55%
Total Assets
38.11%
Profit or Loss
11.93%
Net Worth
7.87%
EBITDA
91.35%

What is the Ownership and Shareholding Structure of Profex Resources?

In 2023, Profex Resources had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹5.29 Cr

Satisfied Charges

₹1.30 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 4.83 Cr
  • Hdfc Bank Limited : 0.46 Cr

Latest Charge Details

DateLenderAmountStatus
20 Jun 2024Hdfc Bank Limited₹3.81 MOpen
02 Nov 2023Hdfc Bank Limited₹0.80 MOpen
18 Jan 2022Axis Bank Limited₹0.47 MOpen
14 Dec 2015Axis Bank Limited₹4.78 CrOpen
30 Jan 2013Bank Of India₹2.50 MSatisfied

How Many Employees Work at Profex Resources?

Profex Resources has a workforce of 390 employees as of Mar 22, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Profex Resources Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Profex Resources, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Profex Resources's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Profex Resources

Recent activity within the organization

  • Charges

    A charge with Axis Bank Limited of Rs. 4.78 Cr registered on 14 Dec 2015 with Charge ID 10623289 was modified on 24 Jun 2024.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.38 Cr with Charge ID 100940742 was registered on 20 Jun 2024.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.08 Cr with Charge ID 100826010 was registered on 02 Nov 2023.

  • Annual General Meeting

    Profex Resources Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Profex Resources Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 0.05 Cr with Charge ID 100551681 was registered on 18 Jan 2022.

Frequently asked questions

  • What is the Incorporation or founding date of Profex Resources Limited?

    Profex Resources Limited was incorporated on 29 Sep 1997.

  • What is authorized share capital and paid-up capital of Profex Resources Limited?

    The authorized share capital of Profex Resources Limited is ₹ 1.10 Cr and paid-up capital is ₹ 1.10 Cr.

  • Who are the current board members & directors of Profex Resources Limited?

    Currently 3 directors are associated with Profex Resources Limited.

    • Suresh Gopalbhai Punjabi
    • Kavita Suresh Punjabi
    • Karankumar Suresh Punjabi

  • What is the registered address of Profex Resources Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Profex Resources Limited is 401 4Th Floor Aaryan Workspace-2 Gulbai Tekra Nr. Navkar Public School, India, City Taluka, Gujarat, 380009.

  • What is the corporate identification number (CIN) and company number of Profex Resources Limited?

    The corporate identification number (CIN) of Profex Resources Limited is U74999GJ1997PLC033082 and the company number is 033082 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Profex Resources Limited?

    The Official website of Profex Resources Limited is https://www.profexresources.com

  • What has been the recent revenue trend for Profex Resources Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Profex Resources Limited has risen by 20.03%.

  • How many employees does Profex Resources Limited currently have?

    As Per 2023 financial reports, 390 employees are currently employed by Profex Resources Limited.

  • What change has been observed in the net worth of Profex Resources Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Profex Resources Limited has experienced an upsurge of 7.87%.

  • What are the total open charges for Profex Resources Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Profex Resources Limited amount to ₹ 5.29 Cr.

  • When was the last Balance Sheet of Profex Resources Limited filed with the ROC?

    The most recent Balance Sheet for Profex Resources Limited was filed with the ROC on 31 Mar 2023.

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