Progressive Polytex Private Limited - Company overview

Progressive Polytex Private Limited is an MCA-registered Indian company: a Private Limited Indian Non-Government Company (CIN U25111KA1993PT…

1993-03-17 Bangalore, Karnataka Active Unlisted Active Compliant
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PP Progressive Polytex Private Limited

Key Metrics

AUTHORISED CAPITAL
20.00 Lakh
PAID-UP CAPITAL
9.20 Lakh
COMPANY AGE
33 Years 1 Months
since 1993-03-17
LAST FILING WITH ROC
2024-03-31
Last AGM: 2024-09-12
OPEN CHARGES
2
20.50 Lakh
SATISFIED CHARGES
-
-
REVENUE
PROFIT / LOSS
EBITDA
NET WORTH
TOTAL ASSETS
TOTAL MONEY RAISED
ACTIVE GST
1
Updated: 2023-02-27 16:54:57

About Progressive Polytex Private Limited

Progressive Polytex Private Limited is an MCA-registered Indian company: a Private Limited Indian Non-Government Company (CIN U25111KA1993PTC014108). Business overview includes Metals and Minerals (Construction Materials Retail & Distribution), incorporated on March 17, 1993 (33+ years old), headquartered in Bangalore, Karnataka, India. The company is currently Active with Active Compliant compliance status. For FY 2020, the company reported revenue of ₹3.88 Cr with a loss of ₹3,864. It has 3 active directors.

Construction Materials Retail & Distribution
  • Location No.240-241, 2Nd Floor,Raheja Arcade, Koramangala, Bangalore, Bangalore, Karnataka - 560095
CIN / LLPINU25111KA1993PTC014108
Company No.014108
ClassificationPrivate Limited Indian Non-Government Company
Incorporation Date1993-03-17
Date of AGM2024-09-12
Date of Balance Sheet2024-03-31
Listing StatusUnlisted
ROC CodeRoc Bangalore
PAN
LEI Number
Active ComplianceActive Compliant

Financial Performance of Progressive Polytex Private Limited

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 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019
Revenue 2,20,083.04 cr2,35,431.21 cr2,51,890.00 cr2,18,400.00 cr1,95,200.00 cr1,72,000.00 cr1,59,000.00 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 cr35,100.00 cr32,000.00 cr28,500.00 cr25,200.00 cr22,000.00 cr19,800.00 cr
Net Worth 1,26,731.94 cr1,37,500.00 cr1,40,200.00 cr1,28,000.00 cr1,15,000.00 cr1,02,000.00 cr95,000.00 cr
EBITDA 27,865.49 cr29,800.00 cr30,200.00 cr27,000.00 cr24,500.00 cr22,000.00 cr20,100.00 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 2025FY 2024FY 2023FY 2022FY 2021
Net Profit Margin10.543.202.101.800.50
Debt to EBITDA2.141.901.701.501.20
Interest Coverage Ratio0.470.500.450.400.35
Debt to Equity0.880.900.850.800.75
Return on Equity12.103.002.001.500.20
Current Ratio1.201.151.101.050.99
Quick Ratio0.950.920.880.850.80
EBITDA Margin12.0010.008.007.005.00
Return on Capital Employed8.002.001.000.200.00
Earning Per Share4.000.000.000.000.00

Shareholding Pattern

Shareholding Pattern (FY 2025)
  • Promoters 33.19%
  • DII 23.22%
  • FII 18.28%
  • Public 22.89%
  • Others 2.42%
Shareholding Pattern over the Year
Category 20252024202320222021
Promoters33.19%33.50%33.80%34.00%34.41%
DII23.22%22.90%22.50%22.10%21.80%
FII18.28%18.00%17.60%17.20%16.90%
Public22.89%23.10%23.50%24.00%24.20%
Others2.42%2.50%2.60%2.70%2.69%
Subsidiaries Company (6)
TAYO ROLLS LIMITED
54.91% held
THE TATA PIGMENTS LIMITED
100% held
CERAMAT PRIVATE LIMITED
90% held
BHUSHAN STEEL (SOUTH) LIMITED
100% held
NEELACHAL ISPAT NIGAM LTD
99.68% held
TATA STEEL DOWNSTREAM PRODUCTS LIMITED
100% held

EPFO Establishments (1)

MRNOI0019835000 Closed/All Member Excluded
StatusCode No Allotted Was Before Online Registration Started.
ActivityPaper
StateUttar Pradesh
Coverage07-JUN-1995

Current Directors (3)

A
Director | Since 1994-07-01
S
Managing Director | Since 1993-03-17
D
Director | Since 2013-11-11

Charges Overview

Hdfc Bank Limited : 20.50 Lakh
Open Charges: 2 Satisfied Charges: 0
Open 20.50 Lakh
Satisfied 0
LenderAmountStatus
Hdfc Bank Limited
Creation Date: 19 May 2023
7.50 Lakh Open
Hdfc Bank Limited
Creation Date: 10 Nov 2020
13.00 Lakh Open

Flagged By Authority

Regulatory and exchange flags (preview)

Frequently Asked Questions about Progressive Polytex Private Limited
What is CIN of Progressive Polytex Private Limited?
The Corporate Identification Number (CIN) for Progressive Polytex Private Limited is U25111KA1993PTC014108. 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 014108 as per MCA.
When was Progressive Polytex Private Limited incorporated?
Progressive Polytex Private Limited was incorporated 33 years 1 month ago on 17 Mar 1993.
What is paid-up capital and authorised share capital of Progressive Polytex Private Limited?
The paid-up capital of Progressive Polytex Private Limited is ₹ 920,200.00 and authorised share capital is ₹ 2,000,000.00.
Who are the current board members and directors of Progressive Polytex Private Limited?
Currently 3 directors are associated with Progressive Polytex Private Limited: Aradhana Dalmiya, Satish Kumar Dalmiya, Devashish Dalmiya.
  • Aradhana Dalmiya
  • Satish Kumar Dalmiya
  • Devashish Dalmiya
What is the registered address of Progressive Polytex Private Limited?
As per Ministry of Corporate Affairs (MCA), the registered address of Progressive Polytex Private Limited is No.240-241, 2Nd Floor,Raheja Arcade, Koramangala, Bangalore, Bangalore, Karnataka, 560095, India.
What is the ROC code of Progressive Polytex Private Limited?
Progressive Polytex Private Limited ROC code is Roc Bangalore.
What is the company classification of Progressive Polytex Private Limited?
Progressive Polytex Private Limited is classified as Private Limited Indian Non-Government Company.
Progressive Polytex Private Limited - is it listed or unlisted?
Progressive Polytex Private Limited is a Unlisted company.
What is the current status of Progressive Polytex Private Limited?
Progressive Polytex Private Limited is currently Active and registered in Bangalore, Karnataka, India.
What industry or business activity is Progressive Polytex Private Limited associated with?
Progressive Polytex Private Limited lists activity aligned with: Metals and Minerals - Construction Materials Retail & Distribution. See the Overview and Competition sections for fuller industry context.
Does Progressive Polytex Private Limited have GST registrations on file?
Progressive Polytex Private Limited shows 1 active GST registration signal(s) in compliance overview data. Open the Compliance tab for GSTIN and filing context when your plan allows.
Where can I see charges and lenders for Progressive Polytex Private Limited?
Use the Charges tab for MCA charge filings, charge holders, and open versus satisfied charges for Progressive Polytex Private Limited.
What is the turnover or revenue of Progressive Polytex Private Limited?
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 Progressive Polytex Private Limited?
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 Progressive Polytex Private Limited (last filed snapshot)?
As per the latest financial snapshot on file for FY 2020, net worth is about ₹ 8.16 Lakh. Verify figures on the Financial tab and supporting filings.