In the modern day of data driven business landscape, having access to accurate and detailed financial data is essential to ensure that your decisions are backed by informed decision making. Whether you’re an investor, business analyst, finance professional or entrepreneur, the right data available when you need it can make a huge difference. Probe42 is one such potent platform that offers detailed information on Indian company financials.
If you’ve just signed up, and are wondering where to start, this guide will help you get to grips with the basics, how to use it, and how to get the most out of it.
What is Probe42?
Probe42 is a financial intelligence platform providing comprehensive financial and compliance details on over 1.8 million Indian companies. It distils relevant company details by combining filings from regulators, company websites, and other reputable sources.
- ✅ Financial statements and ratios
- ✅ Director and shareholder information
- ✅ Credit and compliance history
- ✅ Industry benchmarking
- ✅ News alerts and updates
- ✅ Advanced search and filtering tools
Whether you’re analyzing prospects, checking up on the competition, vetting for credit risk, or carrying out due diligence of your own, Probe42 provides you with plenty of structured data.
Step 1: Setting Up Your Probe42 Account
- Sign up at www. probe42. your work email ID when going out of your professional circle.
- Select the plan that suits you—Probe42 provides no-cost trial periods as well as subscription plans depending on your requirements.
- Once you’ve registered, log in to the dashboard where you can begin to dig into company data.
Step 2: Searching for Companies
The homepage provides a powerful search bar where you can search by:
- ✅ Company name
- ✅ CIN (Corporate Identification Number)
- ✅ PAN
- ✅ Director name
- ✅ Registered address
Once you find the desired company, click to view its detailed profile.
Advanced Search can also be employed to sort companies by industry, turnover, location, profit margins etc - a great resource for creating prospect lists or for market research.
Step 3: Understanding Company Profiles
- ✅ Basic Details: Name, CIN, registration date, company status, and address.
- ✅ Financials: Balance sheets, profit & loss statements, cash flow statements, and key financial ratios.
- ✅ Compliance: MCA filing history, auditor reports, and compliance ratings.
- ✅ Directors and Shareholders: Active and resigned directors, shareholding patterns, and inter-company links.
- ✅ Charges and Borrowings: Information on secured loans, lenders, and charges filed.
- ✅ Peer Comparison: Compare performance with other companies in the same sector.
Step 4: Tracking Companies
Probe42 allows you to "Follow" companies of interest. Once you follow a company, you’ll receive real-time alerts on:
- ✅ New filings with the Ministry of Corporate Affairs (MCA)
- ✅ Director changes
- ✅ Legal notices and regulatory updates
- ✅ Financial statement releases
This feature is especially useful for compliance teams and credit risk professionals who need to monitor clients or vendors.
Step 5: Using Analytics and Benchmarking Tools
One of the standout features of Probe42 is its ability to benchmark a company against its peers. You can compare:
- ✅ Turnover and profitability
- ✅ Leverage and liquidity ratios
- ✅ Market share in a particular sector or geography
These insights are invaluable for competitive analysis, investment evaluation, or strategic planning.
Additionally, users can export custom datasets based on specific criteria, enabling deeper analysis using tools like Excel, Power BI, or Tableau.
Final Thoughts
Probe42 has now become one of the top source of structured and accurate Financial data about Indian companies. Whether you are doing due diligence, targeting new clients or simply broadening your knowledge, the tool saves you time and raises the bar on accuracy.
Although the amount of information can feel daunting initially, this guide should give you the confidence to get started. With regular usage, you will find that not only does Probe42 save your time, it also enriches the quality of your decision-making.
If you mean business when it comes to using financial info for growth, Probe42 is an app you should consider using.
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