About Pragati Spinners
Pragati Spinners is an Industrial Goods & Manufacturing company based in Hyderabad (India). Production of cotton yarn with a focus on quality control and environmental practices in India. Its Indian entity Pragati Spinners Private Limited reported revenue of ₹97.02 Cr. Pragati Spinners offers products and services including Cotton Yarn and Yarn Exports. Its focus areas include Manufacturing, Industrial Supplies, Textile Machinery and Advanced Equipment.
Company details
Quality yarn is manufactured by Pragati Spinners through the processing of premium raw cotton using state-of-the-art machinery and advanced techniques. Stringent quality checks are applied at every stage, ensuring adherence to high standards. Environmental practices such as social forestry, pollution reduction, energy conservation, and waste management are followed to support sustainability. The companys quality policy emphasizes the consistent supply of high-quality goods on time, with innovation and technology driving progress for future generations. This approach is maintained across operations in India.
- Headquarters Hyderabad, India
- SectorsIndustrial Goods & Manufacturing
- Email••••••••
- Legal Name Pragati Spinners Pvt Ltd
- Date of Incorporation 14 Oct, 2010
- Jurisdiction Hyderabad, Telangana, India
- Annual Revenue₹97.02 Cr
FY 2024 · -2% YoY
- Net Profit₹76.8 Lakh
FY 2024 · 1% margin
- EBITDA₹8.88 Cr
FY 2024 · 9% margin
Associated legal entities of Pragati Spinners
Pragati Spinners operates through Pragati Spinners Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Pragati Spinners Private Limited CIN U17200TG2010PTC070864 | Active | 14 Oct 2010 | Hyderabad, Telangana | ₹97.0 Cr | 39 | 2 | View details |
Products & Services of Pragati Spinners
Pragati Spinners offers a comprehensive portfolio of products and services, including Cotton Yarn and Yarn Exports.
Cotton yarn is produced by processing high-quality raw cotton through advanced machinery, ensuring strict adherence to quality standards.
Yarn exports are managed through consistent implementation of innovation and latest technology in production processes.
Board of directors of Pragati Spinners Private Limited (Pragati Spinners)
Pragati Spinners Private Limited is the primary company behind Pragati Spinners. The board of Pragati Spinners Private Limited currently have 2 directors; the longest-serving is Padmaja Alla, appointed in 2010. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Padmaja Alla DIN 03171496 | Director | 14 Oct 2010 | 16 yrs | Pragati Spinners Private Limited |
| Jithendra Prasad Babu Alla DIN 03171339 | Director | 14 Oct 2010 | 16 yrs | Pragati Spinners Private Limited |
Financials of Pragati Spinners
Figures of Pragati Spinners Private Limited, the primary company behind Pragati Spinners, for FY 2024. Revenue was ₹97.02 Cr (-2% year on year). Net profit was ₹76.8 Lakh (1% margin). EBITDA was ₹8.88 Cr (9% margin). Revenue has grown at a compounded annual rate of +4% over three years and +4% over five years.
- ₹97.02 CrRevenue · FY 2024 · -2% YoY
- ₹76.8 LakhNet profit · 1% margin
- ₹8.88 CrEBITDA · 9% margin
- ₹23.36 CrPaid-up capital
- 39Employees (provident fund records)
- +4%Revenue CAGR, 3 years
- +4%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Pragati Spinners Private Limited are on its company page.
Detailed financial statements for Pragati Spinners
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
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Top companies in Textile & Yarn Production
3 companies that operate in the same segment as Pragati Spinners (Textile & Yarn Production) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Bicycle manufacturing, sales, and accessory services in India. | 1956 | Gurugram, Haryana, India | USD 246.88 M | 2,472 | ||
Fabrics, synthetic yarns, viscose, chemicals, and linen products are manufactured. | 1947 | Ujjain, Madhya Pradesh, India | USD 18.65 B | 47,020 | ||
Home textile products are manufactured, retailed, and distributed globally. | 1985 | Bengaluru, Karnataka, India | USD 253.24 M | 8,060 |
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Frequently Asked Questions about Pragati Spinners
Pragati Spinners is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
The primary company behind Pragati Spinners, Pragati Spinners Private Limited, reported revenue of ₹97.02 Cr for FY 2024, down 2% year on year.
Quality yarn is manufactured by Pragati Spinners through the processing of premium raw cotton using state-of-the-art machinery and advanced techniques. Stringent quality checks are applied at every stage, ensuring adherence to high standards. Environmental practices such as social forestry, pollution reduction, energy conservation, and waste management are followed to support sustainability. The companys quality policy emphasizes the consistent supply of high-quality goods on time, with innovation and technology driving progress for future generations. This approach is maintained across operations in India.
Pragati Spinners offers Cotton Yarn and Yarn Exports.
Pragati Spinners operates through Pragati Spinners Private Limited.
The legal entities of Pragati Spinners currently have 2 directors, including Padmaja Alla, Jithendra Prasad Babu Alla.