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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
-
-
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.
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Vendor trust, compliance, financial health & director risk - with the reasons behind each score.
360° Intelligence Report: trust score, financial health, credit risk, growth & distress signals - auto-generated from filings.
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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. For FY 2023, the company reported revenue of ₹201.72 Cr with a profit of ₹24.76 Cr. It has 3 active directors. The company employs approximately 424 people.
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
2019 · 2020 · 2021 · 2022 · 2023 · 2024 · 2025
Growth (7 Year) ▲ 38.3%
Growth (3 Year) ▼ -9.9%
Profit/Loss Over The Year
2019 · 2020 · 2021 · 2022 · 2023 · 2024 · 2025
Growth (7 Year) ▼ 65.1%
Growth (3 Year) ▼ 60.7%
Values are in Mixed (K, L, Cr)
| Metrics | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|
| Revenue | 2,20,083.04 cr | 2,35,431.21 cr | 2,51,890.00 cr | 2,18,400.00 cr | 1,95,200.00 cr | 1,72,000.00 cr | 1,59,000.00 cr |
| Profit/Loss | 13,969.70 cr | 4,810.00 cr | 12,200.00 cr | 9,100.00 cr | -8,200.00 cr | 3,200.00 cr | 5,100.00 cr |
| Cash & Bank Balance | 38,200.00 cr | 35,100.00 cr | 32,000.00 cr | 28,500.00 cr | 25,200.00 cr | 22,000.00 cr | 19,800.00 cr |
| Net Worth | 1,26,731.94 cr | 1,37,500.00 cr | 1,40,200.00 cr | 1,28,000.00 cr | 1,15,000.00 cr | 1,02,000.00 cr | 95,000.00 cr |
| EBITDA | 27,865.49 cr | 29,800.00 cr | 30,200.00 cr | 27,000.00 cr | 24,500.00 cr | 22,000.00 cr | 20,100.00 cr |
Financial Ratios
■ Revenue ■ P/L ■ EBITDA
Values in Crores (Cr) - illustrative trend
FY 2021 - FY 2025
Key Insights (FY 2025)
Revenue2,20,083.04 cr ▼ 6.5%
Profit/Loss13,969.70 cr ▲ 190.6%
EBITDA27,865.49 cr
Net Profit Margin10.54%
Debt/Equity0.47
Current Ratio0.88
Return on Equity12.3%
| Ratio | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Net Profit Margin | 10.54 | 3.20 | 2.10 | 1.80 | 0.50 |
| Debt to EBITDA | 2.14 | 1.90 | 1.70 | 1.50 | 1.20 |
| Interest Coverage Ratio | 0.47 | 0.50 | 0.45 | 0.40 | 0.35 |
| Debt to Equity | 0.88 | 0.90 | 0.85 | 0.80 | 0.75 |
| Return on Equity | 12.10 | 3.00 | 2.00 | 1.50 | 0.20 |
| Current Ratio | 1.20 | 1.15 | 1.10 | 1.05 | 0.99 |
| Quick Ratio | 0.95 | 0.92 | 0.88 | 0.85 | 0.80 |
| EBITDA Margin | 12.00 | 10.00 | 8.00 | 7.00 | 5.00 |
| Return on Capital Employed | 8.00 | 2.00 | 1.00 | 0.20 | 0.00 |
| Earning Per Share | 4.00 | 0.00 | 0.00 | 0.00 | 0.00 |
EPFO Establishments (1)
MRNOI0019835000
Closed/All Member Excluded
StatusCode No Allotted Was Before Online Registration Started.
ActivityPaper
StateUttar Pradesh
Coverage07-JUN-1995
Current Directors of Progress (3)
Business Activity
| Activity Group | Description | Turnover % |
|---|---|---|
| Information and communication | - | 100 |
| Information and communication | - | 100.00 |
Flagged By Authority
Regulatory and exchange flags (preview)
Legal Cases of Progress
District Court
Cases Found
High Court
Cases Found
Supreme Court
Cases Found
NCLT
Cases Found
NCLAT
Cases Found
View Details →
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?
Currently 3 directors are associated with Progress: Chandra Sekhar Cheruku, Domenic Lococo, Anthony Alfred Folger.
- Chandra Sekhar Cheruku
- Domenic Lococo
- Anthony Alfred Folger
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.
How many employees does Progress have?
Available records indicate roughly 424 employees for Progress. Confirm against filings and EPFO-related signals on the profile where shown.
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.
What is the net worth of Progress (last filed snapshot)?
As per the latest financial snapshot on file for FY 2023, net worth is about ₹ 147.77 Cr. Verify figures on the Financial tab and supporting filings.
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.
