Progressive Agro Pvt Ltd
About Progressive Agro Pvt Ltd
Data last updated:
Progressive Agro Pvt Ltd is a private limited company based in Mahasamund, Chhattisgarh, India. It operates in the wholesale trading and distribution segment of the trading and commerce sector. It was incorporated on 11 January 1984 and has been in existence for over 42 years.
The company is registered with the Registrar of Companies (ROC), Chhattisgarh, under CIN U01122CT1984PTC002334.
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Nirmala Devi Shrishrimal and Dharam Chand Shrishrimal.
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 Gandhi Chowk Mahasamund, Chhattisgarh, India – 493445.
As per the financials filed for FY 2024, the company reported a revenue of ₹11.43 Lakh, a decline of 3% compared to the previous year. For the same year it recorded a net profit of ₹47,470 (net margin 4.2%) and EBITDA of ₹63,430 (EBITDA margin 5.5%). Revenue has declined at a compounded annual rate (CAGR) of 28% over three years and 11% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Progressive Agro has one previous CIN (Corporate Identification Number): U01122MP1984PTC002334. The current CIN is U01122CT1984PTC002334, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U01122CT1984PTC002334 | Current |
| U01122MP1984PTC002334 | Previous |
Contact details
Progressive Agro Pvt Ltd's registered office is in Mahasamund, Chhattisgarh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressGandhi Chowk Mahasamund, Chhattisgarh, India – 493445
- IndustryTrading, Wholesale, Other Wholesale
To see the full contact details of Progressive Agro Pvt Ltd, buy the company report.
- 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
Business activity
The main business activity of Progressive Agro is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Progressive Agro Pvt Ltd, buy the company report.
Financials of Progressive Agro Pvt Ltd
FY 2025 filings availableProgressive Agro Pvt Ltd reported revenue of ₹11.43 Lakh (down 3% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 11% over five years, including a 3% fall in the latest year. EBITDA fell 19% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹63,430 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹47,470 | ||||
| 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.5% | ||||
| Net Profit Margin | 4.2% | ||||
| 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 | |||||
To see the full financial statements and ratios of Progressive Agro Pvt Ltd, buy the company report.
Board of directors of Progressive Agro Pvt Ltd
Progressive Agro has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nirmala Devi Shrishrimal Also directs: Vaishali Horticulture Pvt Ltd, Geetanjali Agro Pvt. Ltd., Rishika Farm Private Limited and 1 more | Director | 10 Jun 2017 | 9 Years 4 Months | Current |
| Dharam Chand Shrishrimal Also directs: Anupam Krishi Pvt Ltd, Pragati Krishi Pvt Ltd, Vaishali Horticulture Pvt Ltd and 1 more | Director | 11 Jan 1984 | 42 Years 9 Months | Current |
Peer comparison
Progressive Agro Pvt Ltd is compared with the 10 companies closest to it by revenue in the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Lambodar Tea Estates Private Limited | ₹11.44 Lakh (FY 2025) | 1.0% | Kolkata, West Bengal, India | |||
| Pan India Impex Private Limited | ₹11.44 Lakh (FY 2025) | 92.0% | Mumbai, Maharashtra, India | |||
| Latam Trade Private Limited | ₹11.44 Lakh (FY 2024) | -41.0% | New Delhi, Delhi, India | |||
| Adg Druglife Private Limited | ₹11.44 Lakh (FY 2025) | 18.0% | Bansdih, Uttar Pradesh, India | |||
| Vishwamitra Tie-Up Private Limited | ₹11.44 Lakh (FY 2025) | -6.0% | Kolkata, West Bengal, India | |||
| Progressive Agro Pvt Ltdthis company | ₹11.43 Lakh (FY 2024) | ₹47,470 | 4.2% | -3.0% | Mahasamund, Chhattisgarh, India | |
| BRM Holdings Pvt Ltd | ₹11.43 Lakh (FY 2024) | 23.0% | Kolkata, West Bengal, India | |||
| Sawaraj Agricultures Traders Private Limited | ₹11.43 Lakh (FY 2023) | New Delhi, Delhi, India | ||||
| Ganga Gauri Trading & Marketing Services Private Limited | ₹11.43 Lakh (FY 2024) | Secunderabad, Telangana, India | ||||
| Awaday Healthcare Private Limited | ₹11.43 Lakh (FY 2016) | -9.0% | New Delhi, Delhi, India | |||
| Mundra Cotex Private Limited | ₹11.43 Lakh (FY 2023) | -21.0% | Indore, Madhya Pradesh, India |
To see the full peer comparison of Progressive Agro Pvt Ltd, buy the company report.
Auditor
Progressive Agro Pvt Ltd is audited by V.MALOO & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V.MALOO & ASSOCIATES | FY 2017 | 078078 |
Shareholding
The shareholding of Progressive Agro Pvt Ltd is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Progressive Agro Pvt Ltd, buy the company report.
Legal cases
No court or tribunal cases involving Progressive Agro Pvt Ltd are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Progressive Agro Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Progressive Agro Pvt Ltd; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Progressive Agro Pvt Ltd has 5 board changes on record since 1984: 2 appointments and 3 cessations. The latest: Mahendra Kumar Shrishrimal ceased to be Director on 10 Apr 2019.
Frequently asked questions
Progressive Agro is an active private limited company based in Mahasamund, Chhattisgarh, India. The company works in wholesale, within the trading industry. It was incorporated on 11 January 1984 (42+ years old) and is registered under CIN U01122CT1984PTC002334.
Progressive Agro has 2 current directors:
- Nirmala Devi Shrishrimal - Director
- Dharam Chand Shrishrimal - Director
The latest financial statements of Progressive Agro on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Progressive Agro is U01122CT1984PTC002334. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Progressive Agro was incorporated on 11 January 1984, making it 42+ years old. It is registered with the Registrar of Companies, Chhattisgarh.
The peers of Progressive Agro by revenue are Lambodar Tea Estates Private Limited, Pan India Impex Private Limited, Latam Trade Private Limited, Adg Druglife Private Limited, Vishwamitra Tie-Up Private Limited and 5 more, all in the same principal business activity (wholesale trading).
Mahendra Kumar Shrishrimal ceased to be Director on 10 Apr 2019. Nirmala Devi Shrishrimal ceased to be Additional Director on 29 Sep 2017. Bhagchand Shrishrimal ceased to be Director on 12 Jun 2017. Progressive Agro has 5 board changes on record in total.
The registered office of Progressive Agro is at Gandhi Chowk Mahasamund, Chhattisgarh, India – 493445.
Progressive Agro operates in the trading industry, in the wholesale segment.
The compliance status of Progressive Agro is compliant as of 23 July 2026. The company is actively filing with the Registrar of Companies.
Progressive Agro can be reached at its registered office: Gandhi Chowk Mahasamund, Chhattisgarh, India – 493445.