Progress Software Development Private Limited - Company overview

Progress is an MCA-registered Indian company: a Private Limited Indian Non-Government Company (CIN U74200TG2005PTC045304). Business overview…

2005-02-09 Hyderabad, Telangana Active Unlisted Active Compliant
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PS Progress Software Development Private Limited
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Key Metrics

AUTHORISED CAPITAL
5.00 Lakh
PAID-UP CAPITAL
5.00 Lakh
COMPANY AGE
21 Years 4 Months
since 2005-02-09
LAST FILING WITH ROC
2025-03-31
Last AGM: 2025-10-07
OPEN CHARGES
-
-
SATISFIED CHARGES
-
-
REVENUE
PROFIT / LOSS
EBITDA
NET WORTH
TOTAL ASSETS
TOTAL MONEY RAISED
ACTIVE GST
2
Updated: 2025-02-04 19:04:39

Company Health Scores

Health scores for Progress covering vendor trust, statutory compliance, financial health and director risk - derived from MCA filings, GST and EPFO records, financial statements and the company's board history.

Vendor Trust Score Low risk
84/100
Overall counterparty comfort for vendors and customers.
  • Blend of compliance (93), financial health (90), director (50) and company-foundation signals.
  • Operating for 21+ years.
Compliance Score Low risk
93/100
Statutory filings, status and regulatory flags.
  • Company status is Active as per MCA.
  • Annual filings up to date (balance sheet as of Mar 2025).
Financial Health Score Low risk
90/100
Profitability, leverage and liquidity from filed statements.
  • Profitable in FY 2023.
  • Positive net worth.
Director Risk Score Moderate
50/100
Board strength, DIN status and churn.
  • 3 directors on the board.
  • Director ANTHONY ALFRED FOLGER has DIN status "Deactivated due to non-filing of DIR-3 KYC".
Scores are derived from MCA filings, financial statements and public records on this page. Higher is safer. They are indicative, not a credit rating.
360° Intelligence Report: trust score, financial health, credit risk, growth & distress signals - auto-generated from filings. View report →

About Progress

Progress is an MCA-registered Indian company: a Private Limited Indian Non-Government Company (CIN U74200TG2005PTC045304). Business overview includes Information Technology (Application Development & Software Solutions), incorporated on February 09, 2005 (21+ years old), headquartered in Hyderabad, Telangana, India. The company is currently Active with Active Compliant compliance status.

Application Development & Software Solutions
  • Location Unit 1101,A Wing,Galaxy, Sy.No.83/1, Hyd Knowledge City, Tsiic,Raidurg Village,Serilingampa, Hyderabad, Telangana - 500081
  • Website progress.com
CIN / LLPINU74200TG2005PTC045304
Company No.045304
ClassificationPrivate Limited Indian Non-Government Company
Incorporation Date2005-02-09
Date of AGM2025-10-07
Date of Balance Sheet2025-03-31
Listing StatusUnlisted
ROC CodeRoc Hyderabad
PAN
LEI Number
Active ComplianceActive Compliant

Financial Performance of Progress

Revenue Over The Year
FY trend preview
Profit/Loss Over The Year
FY trend preview
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Metrics FYFYFYFYFY
Revenue
Profit/Loss
Cash & Bank Balance
Net Worth
EBITDA

Financial Ratios

Revenue P/L EBITDA

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FY preview
Key Insights
Revenue
Profit/Loss
EBITDA
Net Profit Margin
Debt/Equity
Current Ratio
Return on Equity
Ratio FYFYFYFYFY
Net Profit Margin
Debt to EBITDA
Interest Coverage Ratio
Debt to Equity
Return on Equity
Current Ratio
Quick Ratio
EBITDA Margin
Return on Capital Employed
Earning Per Share

Shareholding Pattern

Shareholding Pattern
  • Promoters
  • DII
  • FII
  • Public
  • Others
Shareholding Pattern over the Year
Category FYFYFYFYFY
Promoters
DII
FII
Public
Others
Subsidiaries

EPFO Establishments (1)

Preview
Status
Activity
State
Coverage

Current Directors of Progress (3)

C
Director | Since 2022-11-30 | DIN: 09707792
D
Director | Since 2022-06-29 | DIN: 06485476
A
Director | Since 2022-10-11 | DIN: 06766461

Business Activity

Activity GroupDescriptionTurnover %
Information and communication-100
Information and communication-100.00

Flagged By Authority

Regulatory and exchange flags (preview)

Frequently Asked Questions about Progress
What is CIN of Progress?
The Corporate Identification Number (CIN) for Progress is U74200TG2005PTC045304. CIN is a distinct identification code allotted by the Registrar of Companies (ROC) under the Ministry of Corporate Affairs (MCA). The company registration number is 045304 as per MCA.
When was Progress incorporated?
Progress was incorporated 21 years 4 months ago on 09 Feb 2005.
What is paid-up capital and authorised share capital of Progress?
The paid-up capital of Progress is ₹ 500,000.00 and authorised share capital is ₹ 500,000.00.
Who are the current board members and directors of Progress?
Progress shows 3 current director record(s) in this profile. Open the People tab for names, DIN, and designations.
What is the registered address of Progress?
As per Ministry of Corporate Affairs (MCA), the registered address of Progress is Unit 1101,A Wing,Galaxy, Sy.No.83/1, Hyd Knowledge City, Tsiic,Raidurg Village,Serilingampa, Lly Mandal, Hyderabad, Telangana, 500081, India.
What is the official website of Progress?
The official website of Progress is https://progress.com.
What is the ROC code of Progress?
Progress ROC code is Roc Hyderabad.
What is the company classification of Progress?
Progress is classified as Private Limited Indian Non-Government Company.
Progress - is it listed or unlisted?
Progress is a Unlisted company.
What is the current status of Progress?
Progress is currently Active and registered in Hyderabad, Telangana, India.
What industry or business activity is Progress associated with?
Progress lists activity aligned with: Information Technology - Application Development & Software Solutions - Information and communication. See the Overview and Competition sections for fuller industry context.
Does Progress have GST registrations on file?
Progress shows 2 active GST registration signal(s) in compliance overview data. Open the Compliance tab for GSTIN and filing context when your plan allows.
How do I contact Progress?
Use the official website at https://progress.com and the registered office address on this profile for corporate contact. Infyner does not publish personal customer-care numbers unless they appear in sourced company records.
What is the turnover or revenue of Progress?
Turnover and revenue appear in filed financial statements when available. Open the Financial tab on this profile for revenue, profit or loss, balance sheet metrics, and related MCA filings - not headline estimates.
How can I get the financial details of Progress?
You can view revenue, profit or loss, balance sheet metrics, and related filings on the Financial tab of this company profile.

Disclaimer: Data on this page is compiled from public sources as available in our system at the time of the last update and is for general information only. Scores are derived indicators, not credit ratings or advice - please verify from official sources and consult a professional before making any business or financial decision.