About Progressive Tollways Private Limited
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Progressive Tollways Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the road and bridge construction segment of the infrastructure and utilities sector. It was incorporated on 15 November 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U45209TG2010PTC071217.
The company has an authorised share capital of ₹6 Cr and a paid-up capital of ₹1 Lakh. It is led by directors including Srivani Mullapudi (Managing Director) and Praveen Pathuri.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 7th Floor Raghava Ratna North Block Chirag Ali Lane, Hyderabad, Telangana, India – 500001.
As per the financials filed for FY 2024, the company reported a revenue of ₹72,700, a decline of 100% compared to the previous year. For the same year it recorded a net loss of ₹6.46 Lakh and EBITDA of -₹4.24 Lakh.
Court records list 2 cases involving the company, including 2 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website progressiveconstructions.com.
Company details
CIN history
Progressive Tollways has one previous CIN (Corporate Identification Number): U45209AP2010PTC071217. The current CIN is U45209TG2010PTC071217, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45209TG2010PTC071217 | Current |
| U45209AP2010PTC071217 | Previous |
Contact details
Progressive Tollways Private Limited's registered office is in Hyderabad, Telangana. Its website is progressiveconstructions.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address7th Floor Raghava Ratna North Block Chirag Ali Lane, Hyderabad, Telangana, India – 500001
- IndustryInfrastructure and Utilities, Road & Bridge Construction
To see the full contact details of Progressive Tollways 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
Financials of Progressive Tollways Private Limited
FY 2024 filings availableProgressive Tollways Private Limited reported revenue of ₹72,700 (down 100% YoY) for FY 2024.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹4.24 Lakh | ||||
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| Net Profit (PAT) | -₹6.46 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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To see the full financial statements and ratios of Progressive Tollways Private Limited, buy the company report.
Board of directors of Progressive Tollways Private Limited
Progressive Tollways has 4 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Praveen Pathuri | Director | 20 Oct 2021 | 5 Years 0 Months | Current |
| Srivani Mullapudi Also directs: Progressive Irrigation & Waterways Private Limited, Progressive Enclaves Limited, Libra Estates Private Limited and 3 more | Managing Director | 15 Nov 2010 | 15 Years 11 Months | Current |
| Vasireddy Badarinadh Also directs: Progressive Constructions Limited | Director | 20 Oct 2021 | 5 Years 0 Months | Current |
| Satyanarayana Prasad Sabbineni | Director | 19 Jun 2018 | 8 Years 4 Months | Current |
Peer comparison
Progressive Tollways Private Limited is compared with the 10 companies closest to it by revenue in the Infrastructure industry (Roads and Bridges), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ram Infrastructure Limited | ₹79,302 (FY 2017) | 72.0% | Jalgaon, Maharashtra, India | |||
| Mep Sanjose Talaja Mahuva Road Private Limited | ₹76,000 (FY 2023) | Mumbai, Maharashtra, India | ||||
| Sundha Road Developers Private Limited | ₹74,994 (FY 2019) | 700.0% | Jodhpur, Rajasthan, India | |||
| Bhrigu Engicon Private Limited | ₹74,705 (FY 2023) | -74.0% | Ranchi, Jharkhand, India | |||
| India Infracon Private Limited | ₹74,088 (FY 2024) | Delhi, India | ||||
| Progressive Tollways Private Limitedthis company | ₹72,700 (FY 2024) | -₹6.46 Lakh | -100.0% | Hyderabad, Telangana, India | ||
| Ceigall Ludhiana Rupnagar Greenfield Highway Private Limited | ₹72,000 (FY 2025) | -100.0% | Ludhiana, Punjab, India | |||
| Kalyani Railtech Private Limited | ₹69,972 (FY 2023) | 7.0% | Delhi, India | |||
| Usha Breco Shimla Ropeway Private Limited | ₹68,000 (FY 2025) | 17.0% | Delhi, India | |||
| RP Mines Private Limited | ₹65,865 (FY 2018) | New Delhi, Delhi, India | ||||
| Bareilly Highways Project Limited | ₹65,329 (FY 2021) | -5.0% | New Delhi, Delhi, India |
To see the full peer comparison of Progressive Tollways Private Limited, buy the company report.
Shareholding
The shareholding of Progressive Tollways Private Limited is on record for 2 financial years, the latest being FY 2016, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2016 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Progressive Tollways Private Limited, buy the company report.
Legal cases
Progressive Tollways Private Limited has 2 court cases on record: 2 filed by Progressive Tollways. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TELANGANA | Court case (COMPA) | Filed by the company | Disposed |
| High Court, TELANGANA | Company petition | Filed by the company | Disposed |
To see the full case history of Progressive Tollways Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Progressive Tollways 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 Tollways Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Progressive Tollways Private Limited has 9 board changes on record since 2010: 4 appointments and 5 cessations. The latest: Praveen Pathuri ceased to be Additional Director on 22 Nov 2021.
Frequently asked questions
Progressive Tollways is an active private limited company based in Hyderabad, Telangana, India. The company works in road and bridge construction, within the infrastructure and utilities industry. It was incorporated on 15 November 2010 (16+ years old) and is registered under CIN U45209TG2010PTC071217.
Progressive Tollways has 4 current directors:
- Srivani Mullapudi - Managing Director
- Praveen Pathuri - Director
- Vasireddy Badarinadh - Director
- Satyanarayana Prasad Sabbineni - Director
The latest financial statements of Progressive Tollways on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Progressive Tollways is U45209TG2010PTC071217. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Progressive Tollways has 2 court cases on record: 2 filed by the company.
Progressive Tollways was incorporated on 15 November 2010, making it 16+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Progressive Tollways by revenue are Ram Infrastructure Limited, Mep Sanjose Talaja Mahuva Road Private Limited, Sundha Road Developers Private Limited, Bhrigu Engicon Private Limited, India Infracon Private Limited and 5 more, all in the Infrastructure industry (Roads and Bridges).
Praveen Pathuri ceased to be Additional Director on 22 Nov 2021. Vasireddy Badarinadh ceased to be Additional Director on 22 Nov 2021. Praveen Pathuri was appointed as Director on 20 Oct 2021. Progressive Tollways has 9 board changes on record in total.
Progressive Tollways can be reached through the website progressiveconstructions.com. Its registered office is in Hyderabad, Telangana, India.
The registered office of Progressive Tollways is at 7th Floor Raghava Ratna North Block Chirag Ali Lane, Hyderabad, Telangana, India – 500001.
Progressive Tollways operates in the infrastructure and utilities industry, in the road and bridge construction segment.