About Progressive Industries
Progressive Industries is a company based in Chennai (India). Non-ferrous precision parts are manufactured for industrial applications in India. It operates on a B2B model. The company has 1 employees. Its Indian entity Progressive Industries Private Limited reported revenue of ₹5.11 Cr.
Company details
Precision components made from non-ferrous materials are produced by Progressive Industries, with operations centered in Chennai, India. Services encompass manufacturing processes tailored for sectors requiring high-accuracy parts, such as automotive and electronics. The company maintains a focus on quality control and efficiency in production. Online presence is established through the domain progressiveindustries.in, supporting client inquiries and information access.
- Headquarters Chennai, India
- Employees 1
- Website progressiveindustries.in
- Legal Name Progressive Industries Private Limited
- Date of Incorporation 05 Jan, 2016
- Jurisdiction Patna, Bihar, India
- Annual Revenue₹5.11 Cr
FY 2022 · +49% YoY
- Net Profit₹13.6 Lakh
FY 2022 · 3% margin
- EBITDA₹39.3 Lakh
FY 2022 · 8% margin
- Employee Count1
Associated legal entities of Progressive Industries
Progressive Industries operates through Progressive Industries Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2022) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Progressive Industries Private Limited CIN U11200BR2016PTC025640 | Active | 05 Jan 2016 | Patna, Bihar | ₹5.1 Cr | 2 | View details |
Board of directors of Progressive Industries Private Limited (Progressive Industries)
Progressive Industries Private Limited is the primary company behind Progressive Industries. The board of Progressive Industries Private Limited currently have 2 directors; the longest-serving is Mritunjay Kumar, appointed in 2016.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Mritunjay Kumar DIN 07328823 | Director | 05 Jan 2016 | 10 yrs 10 mo | Progressive Industries Private Limited |
| Sarika DIN 06384844 | Director | 05 Jan 2016 | 10 yrs 10 mo | Progressive Industries Private Limited |
Financials of Progressive Industries
Figures of Progressive Industries Private Limited, the primary company behind Progressive Industries, for FY 2022. Revenue was ₹5.11 Cr (+49% year on year). Net profit was ₹13.6 Lakh (3% margin). EBITDA was ₹39.3 Lakh (8% margin). Revenue has grown at a compounded annual rate of +20% over three years and +2% over five years.
- ₹5.11 CrRevenue · FY 2022 · +49% YoY
- ₹13.6 LakhNet profit · 3% margin
- ₹39.3 LakhEBITDA · 8% margin
- ₹20 LakhPaid-up capital
- +20%Revenue CAGR, 3 years
- +2%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Progressive Industries Private Limited are on its company page.
Detailed financial statements for Progressive Industries
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- Five-year trends
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Frequently Asked Questions about Progressive Industries
Progressive Industries is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
Progressive Industries has 1 employees.
The primary company behind Progressive Industries, Progressive Industries Private Limited, reported revenue of ₹5.11 Cr for FY 2022, up 49% year on year.
Precision components made from non-ferrous materials are produced by Progressive Industries, with operations centered in Chennai, India. Services encompass manufacturing processes tailored for sectors requiring high-accuracy parts, such as automotive and electronics. The company maintains a focus on quality control and efficiency in production. Online presence is established through the domain progressiveindustries.in, supporting client inquiries and information access.
Progressive Industries operates through Progressive Industries Private Limited.
The legal entities of Progressive Industries currently have 2 directors, including Mritunjay Kumar, Sarika.