Progressive Udyog Ltd
About Progressive Udyog Ltd
Data last updated:
Progressive Udyog Ltd is a public limited company based in Kolkata, West Bengal, India. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 16 April 1983 and has been in existence for over 43 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U51909WB1983PLC036192.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹94.86 Lakh. It is led by directors including Anshuman Rai and Vimlesh Kumar.
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 6/1 Brijdham Housing Complex 255 Canal Street Sreebhumi, Kolkata, West Bengal, India – 700048.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.91 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹1.7 Cr (net margin 89.2%) and EBITDA of ₹1.7 Cr (EBITDA margin 89.2%). Revenue has grown at a compounded annual rate (CAGR) of 116% over three years and 62% over five years.
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.
Company details
CIN history
Progressive Udyog has one previous CIN (Corporate Identification Number): L51909WB1983PLC036192. The current CIN is U51909WB1983PLC036192, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51909WB1983PLC036192 | Current |
| L51909WB1983PLC036192 | Previous |
Contact details
Progressive Udyog Ltd's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address6/1 Brijdham Housing Complex 255 Canal Street Sreebhumi, Kolkata, West Bengal, India – 700048
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of Progressive Udyog 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 Udyog is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers retail trade, except of motor vehicles and motorcycles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 47 | Retail trade, except of motor vehicles and motorcycles |
To see the full business activity and turnover split of Progressive Udyog Ltd, buy the company report.
Financials of Progressive Udyog Ltd
FY 2025 filings availableProgressive Udyog Ltd reported revenue of ₹1.91 Cr (up 841% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 62% over five years, including 841% growth 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 |
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| EBITDA | ₹1.7 Cr | ||||
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| Net Profit (PAT) | ₹1.7 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 89.2% | ||||
| Net Profit Margin | 89.2% | ||||
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To see the full financial statements and ratios of Progressive Udyog Ltd, buy the company report.
Board of directors of Progressive Udyog Ltd
Progressive Udyog has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anshuman Rai Also directs: Heritage Healthcare Private Limited, Renal Edge Private Limited, Jnandhara Foundation and 3 more | Director | 01 Sep 1999 | 27 Years 1 Months | Current |
| Vimlesh Kumar Also directs: Heritage Hospital Management Services Private Limited | Director | 30 Dec 2017 | 8 Years 9 Months | Current |
| Lalan Singh | Additional Director | 27 Dec 2006 | 19 Years 9 Months | Current |
| Sanjay Kumar Bharuka | Director | 25 Mar 2025 | 1 Years 6 Months | Current |
Auditor
Progressive Udyog Ltd is audited by O.P. TULSYAN & CO. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| O.P. TULSYAN & CO. | FY 2022 | 500028N |
Shareholding
The shareholding of Progressive Udyog Ltd is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Progressive Udyog Ltd, buy the company report.
Legal cases
Progressive Udyog Ltd has 2 court cases on record: 2 filed by Progressive Udyog. 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, UTTARPRADESH | Writ petition | Filed by the company against Union of India Through Secretary and Another | Disposed |
| High Court, UTTARPRADESH | Writ petition | Filed by the company against Union of India Thru Secy. Ministry of H.R.D. and Another | Disposed |
To see the full case history of Progressive Udyog Ltd, 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 Udyog 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 Udyog Ltd; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Progressive Udyog Ltd has 5 board changes on record since 1999: 4 appointments and 1 cessation. The latest: Sanjay Kumar Bharuka was appointed as Director on 25 Mar 2025.
Frequently asked questions
Progressive Udyog is an active public limited company based in Kolkata, West Bengal, India. The company works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 16 April 1983 (43+ years old) and is registered under CIN U51909WB1983PLC036192.
Progressive Udyog has 4 current directors:
- Anshuman Rai - Director
- Vimlesh Kumar - Director
- Lalan Singh - Additional Director
- Sanjay Kumar Bharuka - Director
The latest financial statements of Progressive Udyog 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 Udyog is U51909WB1983PLC036192. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Progressive Udyog has 2 court cases on record: 2 filed by the company.
Progressive Udyog was incorporated on 16 April 1983, making it 43+ years old. It is registered with the Registrar of Companies, Kolkata.
Sanjay Kumar Bharuka was appointed as Director on 25 Mar 2025. Vimlesh Kumar was appointed as Director on 30 Dec 2017. Siddharth Rai ceased to be Additional Director on 30 Sep 2008. Progressive Udyog has 5 board changes on record in total.
The registered office of Progressive Udyog is at 61 Brijdham Housing Complex 255 Canal Street Sreebhumi, Kolkata, West Bengal, India – 700048.
Progressive Udyog operates in the home and lifestyle industry, in the textile retail and distribution segment.
The compliance status of Progressive Udyog is compliant as of 02 September 2026. The company is actively filing with the Registrar of Companies.