Progressive Granites Private Limited
About Progressive Granites Private Limited
Data last updated:
Progressive Granites Private Limited is a private limited company based in Palakkad, Kerala, India. It operates in the mining and mineral extraction segment of the metals and mining sector. It was incorporated on 20 May 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U14102KL2010PTC026041.
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors Pokakillath Kunhi Bava Ayyoob (Managing Director) and Mohammed Siddique.
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 Door No VII/69 Payyakund Cheekod Anjumoorty P O, Palakkad, Kerala, India – 678682.
As per the financials filed for FY 2025, the company reported a revenue of ₹5.07 Lakh, a growth of 19% compared to the previous year. For the same year it recorded a net profit of ₹3.95 Lakh (net margin 77.9%) and EBITDA of ₹3.95 Lakh (EBITDA margin 77.9%). Revenue has grown at a compounded annual rate (CAGR) of 45% over three years and 39% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Progressive Granites Private Limited's registered office is in Palakkad, Kerala. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressDoor No VII/69 Payyakund Cheekod Anjumoorty P O, Palakkad, Kerala, India – 678682
- IndustryMetals and Minerals, Mining & Mineral Extraction
To see the full contact details of Progressive Granites Private Limited, 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 Granites is mining and quarrying. In detail, this covers other mining & quarrying activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| B | Mining and quarrying | B4 | Other Mining & Quarrying Activities |
To see the full business activity and turnover split of Progressive Granites Private Limited, buy the company report.
Financials of Progressive Granites Private Limited
FY 2025 filings availableProgressive Granites Private Limited reported revenue of ₹5.07 Lakh (up 19% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 39% over five years, including 19% growth in the latest year. EBITDA rose 20% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹3.95 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.95 Lakh | ||||
| 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 77.9% | ||||
| Net Profit Margin | 77.9% | ||||
| 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 Granites Private Limited, buy the company report.
Board of directors of Progressive Granites Private Limited
Progressive Granites 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 |
|---|---|---|---|---|
| Mohammed Siddique | Director | 20 May 2010 | 16 Years 5 Months | Current |
| Pokakillath Kunhi Bava Ayyoob Also directs: Mag Feeds Private Limited, Alathur Plantations and Farms Private Limited, Eranadu Plantations and Farms Private Limited and 5 more | Managing Director | 20 May 2010 | 16 Years 5 Months | Current |
Auditor
Progressive Granites Private Limited is audited by BALARAM & NANDAKUMAR for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BALARAM & NANDAKUMAR | FY 2017 | 000346S |
Shareholding
The shareholding of Progressive Granites Private Limited 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 Granites Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Progressive Granites Private Limited 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 Granites Private Limited; 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 Granites Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Progressive Granites Private Limited has 4 board changes on record since 2010: 3 appointments and 1 cessation. The latest: Kuzhikandathil Abdu Nazar ceased to be Director on 03 Oct 2022.
Frequently asked questions
Progressive Granites is an active private limited company based in Palakkad, Kerala, India. The company works in mining and mineral extraction, within the metals and minerals industry. It was incorporated on 20 May 2010 (16+ years old) and is registered under CIN U14102KL2010PTC026041.
Progressive Granites has 2 current directors:
- Pokakillath Kunhi Bava Ayyoob - Managing Director
- Mohammed Siddique - Director
The latest financial statements of Progressive Granites 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 Granites is U14102KL2010PTC026041. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Progressive Granites was incorporated on 20 May 2010, making it 16+ years old. It is registered with the Registrar of Companies, Ernakulam.
Kuzhikandathil Abdu Nazar ceased to be Director on 03 Oct 2022. Kuzhikandathil Abdu Nazar was appointed as Director on 10 Jun 2011. Mohammed Siddique was appointed as Director on 20 May 2010. Progressive Granites has 4 board changes on record in total.
The registered office of Progressive Granites is at Door No VII69 Payyakund Cheekod Anjumoorty P O, Palakkad, Kerala, India – 678682.
Progressive Granites operates in the metals and minerals industry, in the mining and mineral extraction segment.
The compliance status of Progressive Granites is compliant as of 22 September 2026. The company is actively filing with the Registrar of Companies.
Progressive Granites can be reached at its registered office: Door No VII69 Payyakund Cheekod Anjumoorty P O, Palakkad, Kerala, India – 678682.