MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-DL-09-0001646
Progressive Earthmovers Private Limited - financial services in New Delhi, Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹5.55 Cr
▲ 4% YoY
Net profit · FY 2025
₹21.21 Lakh
Net margin 3.8%
EBITDA · FY 2025
₹77.73 Lakh
EBITDA margin 14%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹53.15 Lakh
Secured borrowings
Company age
16 yrs
Est. 2010
Directors on board
3
As per MCA filings
About Progressive Earthmovers Private Limited
Data last updated:
Progressive Earthmovers Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the equipment leasing and financing segment of the financial services sector. It was incorporated on 16 February 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U29240DL2010PTC199130. Its GSTIN is 07AAFCP3552N1Z2 (Delhi).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Rajesh Jaiswal and Mayank Jaiswal.
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 C – 86 Dda Sheds Okhla Industrial Area Phase 1 Near Police Station, New Delhi, Delhi, India – 110020.
As per the financials filed for FY 2025, the company reported a revenue of ₹5.55 Cr, a growth of 4% compared to the previous year. For the same year it recorded a net profit of ₹21.21 Lakh (net margin 3.8%) and EBITDA of ₹77.73 Lakh (EBITDA margin 14%). Revenue has declined at a compounded annual rate (CAGR) of 2% over three years and 1% over five years.
As per MCA filings, the company has open charges of ₹53.15 Lakh on record. Court records list 21 cases involving the company, including 15 filed by the company and 6 filed against it; 7 cases are pending.
Progressive Earthmovers Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-09-0001646). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website progressive-earth-movers.ueniweb.com.
Company details
CIN U29240DL2010PTC199130
Registration Number 199130
Incorporation Date 16 February 2010
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-DL-09-0001646
Recognitions & Rankings of Progressive Earthmovers
Contact details
Progressive Earthmovers Private Limited's registered office is in New Delhi, Delhi. Its website is progressive-earth-movers.ueniweb.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressC – 86 Dda Sheds Okhla Industrial Area Phase 1 Near Police Station, New Delhi, Delhi, India – 110020
- IndustryFinancial Services, Equipment Leasing & Financing
To see the full contact details of Progressive Earthmovers Private Limited, buy the company report.
Comprehensive company report
Progressive Earthmovers Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of Progressive Earthmovers is administrative and support service activities. In detail, this covers rental and leasing activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Administrative and support service activities | 77 | Rental and leasing activities |
To see the full business activity and turnover split of Progressive Earthmovers Private Limited, buy the company report.
Financials of Progressive Earthmovers Private Limited
FY 2025 filings availableProgressive Earthmovers Private Limited reported revenue of ₹5.55 Cr (up 4% YoY) for FY 2025.
Revenue · FY 2025
₹5.55 Cr ▲ 4%
Net profit · FY 2025
₹21.21 Lakh margin 3.8%
EBITDA · FY 2025
₹77.73 Lakh margin 14%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 4%
3 years · compounded
▼ 2%
5 years · compounded
▼ 1%
EBITDA CAGR growth
1 year
▼ 4%
3 years · compounded
▼ 3%
5 years · compounded
▼ 1%
Revenue rose 4% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 1%. EBITDA fell 4% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
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| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
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| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹77.73 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹21.21 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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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 | 14% | ||||
| Net Profit Margin | 3.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Progressive Earthmovers Private Limited, buy the company report.
Board of directors of Progressive Earthmovers Private Limited
Progressive Earthmovers has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajesh Jaiswal | Director | 16 Feb 2010 | 16 Years 8 Months | Current |
| Mayank Jaiswal | Director | 16 Feb 2010 | 16 Years 8 Months | Current |
| Rakesh Jaiswal | Director | 16 Feb 2010 | 16 Years 8 Months | Current |
Auditor
Progressive Earthmovers Private Limited is audited by DNS & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DNS & ASSOCIATES | FY 2023 | 006956C |
Shareholding
The shareholding of Progressive Earthmovers Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Progressive Earthmovers Private Limited, buy the company report.
Charges & borrowings
Open charges
₹53.15 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Oct 2024 | 101014949 | Hdfc Bank Limited | ₹21.15 Lakh | Open | |
| 31 Aug 2024 | 100991113 | Hdfc Bank Limited | ₹6 Lakh | Open | |
| 12 Jun 2023 | 100756066 | Hdfc Bank Limited | ₹6 Lakh | Open | |
| 29 Jun 2010 | 10229911 | Hdfc Bank Limited | ₹20 Lakh | Open |
Total charge records: 4 View all charges
Legal cases
Progressive Earthmovers Private Limited has 21 court cases on record: 15 filed by Progressive Earthmovers, 6 filed against it. 7 cases are pending and 14 are disposed.
Total cases
21
Filed by the company
15
Filed against the company
6
Pending
7
Disposed
14
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 21 | 6 | 7 |
Cases on record (5 of 21)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South East, Delhi | Revision petition | Filed against the company by Ms KLD Creation Infrastructure Pvt Ltd | Disposed |
| District court, South East, Delhi | Cheque dishonour complaint | Filed by the company against KLD Creation Infrastructure Pvt Ltd and 3 others | Disposed |
| District court, South East, Delhi | Commercial suit | Filed by the company against Ms Creatrz Way Infrastructure Pvt Ltd Through Its M.D. O.P. Sharma and 1 other | Disposed |
| District court, South East, Delhi | Civil suit | Filed by the company against M/S Sudheer Infrastructure Pvt Ltd | Disposed |
| District court, South East, Delhi | Civil suit | Filed by the company against M/S Shiva Buildtech Pvt Ltd | Disposed |
To see the full case history of Progressive Earthmovers 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 Earthmovers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Progressive Earthmovers has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAFCP3552N1Z2 | Delhi | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Progressive Earthmovers Private Limited, buy the company report.
Recent activity
Progressive Earthmovers Private Limited has 4 board changes on record since 2010: 3 appointments and 1 cessation. The latest: Subhash Jaiswal ceased to be Director on 08 Jun 2018.
AGM
Progressive Earthmovers Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Progressive Earthmovers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi I.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 21.15 Lakh with Charge ID 101014949 was registered on 07 Oct 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 6.00 Lakh with Charge ID 100991113 was registered on 31 Aug 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 6.00 Lakh with Charge ID 100756066 was registered on 12 Jun 2023.
Ceased
Subhash Jaiswal ceased to be Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 20.00 Lakh with Charge ID 10229911 was registered on 29 Jun 2010.
Appointed
Mayank Jaiswal was appointed as Director.
Appointed
Rajesh Jaiswal was appointed as Director.
Appointed
Rakesh Jaiswal was appointed as Director.
Incorporation
16 Feb 2010
Progressive Earthmovers Private Limited was registered on 16 Feb 2010 with Roc Delhi I & aged 16 years 8 months as per MCA records.
Frequently asked questions
Progressive Earthmovers is an active private limited company based in New Delhi, Delhi, India. The company works in equipment leasing and financing, within the financial services industry. It was incorporated on 16 February 2010 (16+ years old) and is registered under CIN U29240DL2010PTC199130.
Progressive Earthmovers has 3 current directors:
- Rajesh Jaiswal - Director
- Mayank Jaiswal - Director
- Rakesh Jaiswal - Director
The latest financial statements of Progressive Earthmovers 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 GSTIN of Progressive Earthmovers is 07AAFCP3552N1Z2, registered in Delhi.
The CIN (Corporate Identification Number) of Progressive Earthmovers is U29240DL2010PTC199130. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Progressive Earthmovers has 21 court cases on record: 15 filed by the company and 6 filed against it. 7 are pending.
Progressive Earthmovers was incorporated on 16 February 2010, making it 16+ years old. It is registered with the Registrar of Companies, Delhi.
Subhash Jaiswal ceased to be Director on 08 Jun 2018. Mayank Jaiswal was appointed as Director on 16 Feb 2010. Rajesh Jaiswal was appointed as Director on 16 Feb 2010. Progressive Earthmovers has 4 board changes on record in total.
Yes, Progressive Earthmovers is registered as a small enterprise under Udyam registration (number: UDYAM-DL-09-0001646).
Progressive Earthmovers can be reached through the website progressive-earth-movers.ueniweb.com. Its registered office is in New Delhi, Delhi, India.
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