Magpie Progressions Private Limited
About Magpie Progressions Private Limited
Data last updated:
Magpie Progressions Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the materials retail and distribution segment of the metals and mining sector. It was incorporated on 13 May 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51909MH2016PTC281017. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Bhupinder Singh and Sharmila Bupinder Singh.
Its last annual general meeting (AGM) was held on 17 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2022, the company reported a revenue of ₹19.52 Lakh, a growth of 24% compared to the previous year. For the same year it recorded a net loss of ₹26,484 (net margin -1.4%) and EBITDA of -₹26,484 (EBITDA margin -1.4%). Revenue has grown at a compounded annual rate (CAGR) of 83% over three years and 14% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressC/O Universal Art Prn. Jaimatadi Com 1st Floor S.T. Road Kumbharwada Behind Chitod En, G, Mumbai, Maharashtra, India – 400071
- IndustryMetals and Minerals, Materials Retail & Distribution
- 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
- One PDF report, delivered after checkout
Business Activity of Magpie Progressions Private Limited
The main business activity of Magpie Progressions is trade. In detail, this covers retail trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Magpie Progressions Private Limited FY 2022 filings available
Magpie Progressions Private Limited reported revenue of ₹19.52 Lakh (up 24% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR) of Magpie Progressions Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 14% over five years, including 24% growth in the latest year. EBITDA rose 97% 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 of Magpie Progressions Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| 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 | -₹26,484 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹26,484 | •••• | •••• | •••• | •••• |
| 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 of Magpie Progressions Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -1.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -1.4% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Magpie Progressions are in the company report.
Financial statements from FY 2017
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Magpie Progressions Private Limited
Magpie Progressions Private Limited is compared with the companies closest to it by revenue in the Metals and Minerals industry (Materials Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Darshita Exim Private Limited | ₹19.92 Lakh (FY 2024) | •••• | •••• | 1.0% | •••• | Bangalore, Karnataka, India |
| Mukesh Suman Coal Private Limited | ₹19.85 Lakh (FY 2025) | •••• | •••• | 2.0% | •••• | Dhanbad, Jharkhand, India |
| Marg Trading Limited | ₹19.83 Lakh (FY 2025) | •••• | •••• | 16.0% | •••• | Ahmedabad, Gujarat, India |
| Rony Ship Management and Marine Services Private Limited | ₹19.63 Lakh (FY 2024) | •••• | •••• | 0.0% | •••• | Mumbai, Maharashtra, India |
| Ravikiran Packaging Private Limited | ₹19.54 Lakh (FY 2025) | •••• | •••• | 2.0% | •••• | Mumbai, Maharashtra, India |
| Magpie Progressions Private Limited this company | ₹19.52 Lakh (FY 2022) | •••• | •••• | 24.0% | •••• | Mumbai, Maharashtra, India |
| Mahavir Seamless Tube Private Limited | ₹19.52 Lakh (FY 2025) | •••• | •••• | -82.0% | •••• | Mumbai, Maharashtra, India |
| B.G. Furnitures Private Limited | ₹19.47 Lakh (FY 2025) | •••• | •••• | -1.0% | •••• | Kolkata, West Bengal, India |
| GRWM Private Limited | ₹19.33 Lakh (FY 2025) | •••• | •••• | •••• | Bhiwadi, Rajasthan, India | |
| Bankalal Kamal and Sons Pvt Ltd | ₹19.32 Lakh (FY 2025) | •••• | •••• | 31.0% | •••• | Kolkata, West Bengal, India |
| Dhanush Auxiliary Services Private Limited | ₹19.25 Lakh (FY 2025) | •••• | •••• | -56.0% | •••• | Bhubaneswar, Odisha, India |
Peers are the five companies nearest above and the five nearest below Magpie Progressions by revenue in the Metals and Minerals industry (Materials Retail and Distribution), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Magpie Progressions Private Limited
Auditor information for Magpie Progressions Private Limited provides details about the firm responsible for auditing the company's financial statements and ensuring compliance with regulatory requirements.
Board of Directors of Magpie Progressions Private Limited
Magpie Progressions has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhupinder Singh | Director | 13 May 2016 | 10 Years 4 Months | Current |
| Sharmila Bupinder Singh | Director | 13 May 2016 | 10 Years 4 Months | Current |
Ownership and Shareholding of Magpie Progressions Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Magpie Progressions Private Limited
Magpie Progressions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Magpie Progressions Private Limited
Employment history and EPFO contributions of people linked to Magpie Progressions.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Magpie Progressions Private Limited
Magpie Progressions Private Limited has 2 board changes on record since 2016: 2 appointments. The latest: Bhupinder Singh was appointed as Director on 13 May 2016.
Credit Ratings, Litigation & Regulatory Alerts for Magpie Progressions Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Magpie Progressions Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Magpie Progressions Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Magpie Progressions Private Limited
Magpie Progressions has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Magpie Progressions Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Magpie Progressions Private Limited
Magpie Progressions is an active private limited company based in Mumbai, Maharashtra, India. The company works in materials retail and distribution, within the metals and minerals industry. It was incorporated on 13 May 2016 (10+ years old) and is registered under CIN U51909MH2016PTC281017.
Magpie Progressions reported revenue of ₹19.52 Lakh for FY 2022 (up 24% YoY).
Magpie Progressions has 2 current directors:
- Bhupinder Singh - Director
- Sharmila Bupinder Singh - Director
Magpie Progressions reported a net loss of ₹26,484 (net margin -1.4%) and EBITDA of -₹26,484 (EBITDA margin -1.4%) for FY 2022, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Magpie Progressions is -83% over three years and 14% over five years. In the latest year (FY 2022) revenue rose 24%. CAGR is the steady yearly rate that links the first and the last year.
No. Magpie Progressions has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Magpie Progressions is U51909MH2016PTC281017. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Magpie Progressions was incorporated on 13 May 2016, making it 10+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Magpie Progressions by revenue are Darshita Exim Private Limited, Mukesh Suman Coal Private Limited, Marg Trading Limited, Rony Ship Management and Marine Services Private Limited, Ravikiran Packaging Private Limited and 5 more, all in the Metals and Minerals industry (Materials Retail and Distribution).
Bhupinder Singh was appointed as Director on 13 May 2016. Sharmila Bupinder Singh was appointed as Director on 13 May 2016.
The registered office of Magpie Progressions is at CO Universal Art Prn. Jaimatadi Com 1st Floor S.T. Road Kumbharwada Behind Chitod En, G, Mumbai, Maharashtra, India – 400071.