Progress Marketing Solutions Private Limited
About Progress Marketing Solutions Private Limited
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Progress Marketing Solutions Private Limited is a private limited company based in Mysore, Karnataka, India. It operates in the business support services segment of the business services sector. It was incorporated on 09 September 2022.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U51909KA2022PTC165931.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Mamatha Somashekara and Lakshmi.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 185 2nd Floor Radhakrishna Nagar Siddi Vinayaka Block Dr.Rajkumar Road, Mysore, Karnataka, India – 570019.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.92 Cr, a growth of 38% compared to the previous year. For the same year it recorded a net profit of ₹11,455 (net margin 0.1%) and EBITDA of ₹68,668 (EBITDA margin 0.4%).
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- Registered Address185 2nd Floor Radhakrishna Nagar Siddi Vinayaka Block Dr.Rajkumar Road, Mysore, Karnataka, India – 570019
- IndustryBusiness Services, Business Support Services
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
- One PDF report, delivered after checkout
Business Activity of Progress Marketing Solutions Private Limited
The main business activity of Progress Marketing Solutions is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Progress Marketing Solutions Private Limited FY 2025 filings available
Progress Marketing Solutions Private Limited reported revenue of ₹1.92 Cr (up 38% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Progress Marketing Solutions Private Limited
Revenue rose 38% in the latest year. EBITDA rose 32% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Progress Marketing Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | •••• | •••• |
| Other Income | •••• | •••• |
| Total Revenue | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• |
| Employee Benefit Expense | •••• | •••• |
| Finance Costs | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• |
| Other Expenses | •••• | •••• |
| Total Expenses | •••• | •••• |
| EBITDA | ₹68,668 | •••• |
| Profit Before Tax | •••• | •••• |
| Tax Expense | •••• | •••• |
| Net Profit (PAT) | ₹11,455 | •••• |
| Balance Sheet | ||
| Share Capital | •••• | •••• |
| Reserves and Surplus | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• |
| Long-term Borrowings | •••• | •••• |
| Short-term Borrowings | •••• | •••• |
| Trade Payables | •••• | •••• |
| Total Liabilities | •••• | •••• |
| Fixed Assets | •••• | •••• |
| Investments | •••• | •••• |
| Inventories | •••• | •••• |
| Trade Receivables | •••• | •••• |
| Cash and Bank Balance | •••• | •••• |
| Total Assets | •••• | •••• |
Financial Ratios of Progress Marketing Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 0.4% | •••• |
| Net Profit Margin | 0.1% | •••• |
| Return on Equity (ROE) | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• |
| Liquidity and Debt | ||
| Current Ratio | •••• | •••• |
| Quick Ratio | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• |
| Efficiency and Growth | ||
| Asset Turnover | •••• | •••• |
| Receivable Days | •••• | •••• |
| Payable Days | •••• | •••• |
| Inventory Days | •••• | •••• |
| Revenue Growth | •••• | •••• |
| Net Profit Growth | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Progress Marketing Solutions are in the company report.
Financial statements from FY 2023
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Progress Marketing Solutions Private Limited
Progress Marketing Solutions has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mamatha Somashekara | Director | 09 Sep 2022 | 4 Years 1 Months | Current |
| Lakshmi | Director | 19 Jul 2025 | 1 Years 3 Months | Current |
Peer Comparison of Progress Marketing Solutions Private Limited
Progress Marketing Solutions Private Limited is compared with the companies closest to it by revenue in the Business Services industry (Business Auxiliary Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Qna Media Private Limited | ₹1.94 Cr (FY 2024) | •••• | •••• | 2.0% | •••• | Mumbai, Maharashtra, India |
| Darsh Advisory Private Limited | ₹1.94 Cr (FY 2025) | •••• | •••• | 372.0% | •••• | Kolkata, West Bengal, India |
| Orange Care Solutions (India) Private Limited | ₹1.93 Cr (FY 2025) | •••• | •••• | 16.0% | •••• | Bangalore, Karnataka, India |
| Pearlpick Ventures Private Limited | ₹1.93 Cr (FY 2024) | •••• | •••• | -1.0% | •••• | Chennai, Tamil Nadu, India |
| Lucifer Marketing Private Limited | ₹1.92 Cr (FY 2024) | •••• | •••• | 26.0% | •••• | Delhi, India |
| Progress Marketing Solutions Private Limited this company | ₹1.92 Cr (FY 2024) | •••• | •••• | 38.0% | •••• | Mysore, Karnataka, India |
| Troy Consulting Private Limited | ₹1.91 Cr (FY 2025) | •••• | •••• | 269.0% | •••• | Jammu, Jammu and Kashmir, India |
| Suntect Production India Private Limited | ₹1.91 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | Coimbatore, Tamil Nadu, India |
| Mu Gamma Consultants Private Limited | ₹1.91 Cr (FY 2025) | •••• | •••• | -33.0% | •••• | Gurgaon, Haryana, India |
| Ice Digitals Private Limited | ₹1.91 Cr (FY 2021) | •••• | •••• | 133.0% | •••• | Delhi, India |
| Chikhloli Morivli Effluent Treatment | ₹1.9 Cr (FY 2025) | •••• | •••• | -10.0% | •••• | Thane, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Progress Marketing Solutions by revenue in the Business Services industry (Business Auxiliary Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Charges & Borrowings of Progress Marketing Solutions Private Limited
Progress Marketing Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Progress Marketing Solutions Private Limited
Employment history and EPFO contributions of people linked to Progress Marketing Solutions.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Progress Marketing Solutions Private Limited
Progress Marketing Solutions Private Limited has 3 board changes on record since 2022: 3 appointments. The latest: Lakshmi was appointed as Director on 19 Jul 2025.
Credit Ratings, Litigation & Regulatory Alerts for Progress Marketing Solutions Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Progress Marketing Solutions Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Progress Marketing Solutions Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Progress Marketing Solutions Private Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Progress Marketing Solutions Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Progress Marketing Solutions Private Limited
Progress Marketing Solutions is an active private limited company based in Mysore, Karnataka, India. The company works in business support services, within the business services industry. It was incorporated on 09 September 2022 (4+ years old) and is registered under CIN U51909KA2022PTC165931.
Progress Marketing Solutions reported revenue of ₹1.92 Cr for FY 2024 (up 38% YoY).
Progress Marketing Solutions has 2 current directors:
- Mamatha Somashekara - Director
- Lakshmi - Director
Progress Marketing Solutions reported a net profit of ₹11,455 (net margin 0.1%) and EBITDA of ₹68,668 (EBITDA margin 0.4%) for FY 2024, as per its filed financial statements.
The CIN (Corporate Identification Number) of Progress Marketing Solutions is U51909KA2022PTC165931. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Progress Marketing Solutions was incorporated on 09 September 2022, making it 4+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Progress Marketing Solutions by revenue are Qna Media Private Limited, Darsh Advisory Private Limited, Orange Care Solutions (India) Private Limited, Pearlpick Ventures Private Limited, Lucifer Marketing Private Limited and 5 more, all in the Business Services industry (Business Auxiliary Services).
Lakshmi was appointed as Director on 19 Jul 2025. Mamatha Somashekara was appointed as Director on 09 Sep 2022. Sukanya was appointed as Director on 09 Sep 2022.
The registered office of Progress Marketing Solutions is at 185 2nd Floor Radhakrishna Nagar Siddi Vinayaka Block Dr.Rajkumar Road, Mysore, Karnataka, India – 570019.
Progress Marketing Solutions has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh.
Progress Marketing Solutions operates in the business services industry, in the business support services segment.