Pragathi Concrete Products Private Limited
About Pragathi Concrete Products Private Limited
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Pragathi Concrete Products Private Limited is a private limited company based in Davanagere, Karnataka, India. It operates in the construction materials segment of the manufacturing sector. It was incorporated on 26 February 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U26931KA1992PTC012880. Its GSTIN is 29AABCP8792N1ZG (Karnataka).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹42.8 Lakh. It is led by directors Bankapur Shivappa Shashikiran (Managing Director) and Jyothi Shashikiran.
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 Plot No. 8A Industrial Area Davanagere., Karnataka, India – 577005.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.39 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹8.83 Lakh (net margin -6.4%) and EBITDA of ₹87.27 Lakh (EBITDA margin 62.9%). Revenue has grown at a compounded annual rate (CAGR) of 22% over three years and 26% over five years.
As per MCA filings, the company has open charges of ₹2.34 Cr on record. Court records list 9 cases involving the company, including 1 filed by the company and 8 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Pragathi Concrete Products has one previous CIN (Corporate Identification Number): U02694KA1992PTC012880. The current CIN is U26931KA1992PTC012880, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U26931KA1992PTC012880 | Current |
| U02694KA1992PTC012880 | Previous |
Contact details
Pragathi Concrete Products Private Limited's registered office is in Davanagere, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No. 8A Industrial Area Davanagere., Karnataka, India – 577005
- IndustryManufacturing, Construction Materials
To see the full contact details of Pragathi Concrete Products Private Limited, 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 Pragathi Concrete Products is manufacturing. In detail, this covers other manufacturing.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 32 | Other manufacturing |
To see the full business activity and turnover split of Pragathi Concrete Products Private Limited, buy the company report.
Financials of Pragathi Concrete Products Private Limited
FY 2025 filings availablePragathi Concrete Products Private Limited reported revenue of ₹1.39 Cr (up 716% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 26% over five years, including 716% 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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| Total Expenses | |||||
| EBITDA | ₹87.27 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹8.83 Lakh | ||||
| Balance Sheet | |||||
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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 | 62.9% | ||||
| Net Profit Margin | -6.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Pragathi Concrete Products Private Limited, buy the company report.
Board of directors of Pragathi Concrete Products Private Limited
Pragathi Concrete Products has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bankapur Shivappa Shashikiran | Managing Director | 26 Feb 1992 | 34 Years 8 Months | Current |
| Jyothi Shashikiran | Director | 01 Jul 2002 | 24 Years 4 Months | Current |
Shareholding
The shareholding of Pragathi Concrete Products Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Pragathi Concrete Products Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Feb 2014 | 10481446 | Bapuji Co-Operative Bank Limited | ₹80 Lakh | Open | |
| 04 Jan 1996 | 90195300 | Karnataka State Financial Corporation | ₹50 Lakh | Open | |
| 04 Jan 1996 | 90196963 | The Karnataka Bank Ltd. | ₹50 Lakh | Open | |
| 15 Jun 1995 | 90196161 | Karnataka State Financial Corporation | ₹18 Lakh | Open | |
| 22 Sep 1994 | 90196148 | Karnataka State Financial Corporation | ₹18 Lakh | Open |
To see the full charge records of Pragathi Concrete Products Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Pragathi Concrete Products Private Limited has 9 court cases on record: 1 filed by Pragathi Concrete Products, 8 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 5 | 0 |
| High courts | 3 | 2 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Civil suit | Filed against the company by The Karnataka Urban Water Supply and Draiage Board | Disposed |
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed against the company by The Karnataka Urban Water Supply and Drainage Board | Disposed |
| District court, BENGALURU, Karnataka | Civil suit | Filed against the company by The Karnataka Urban Water Supply and Drainage Board | Disposed |
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed against the company by The Karnataka Urban Water Supply and Drainage Board | Disposed |
| High Court of Karnataka | Interim or miscellaneous application | Filed against the company by an individual | Disposed |
To see the full case history of Pragathi Concrete Products 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 Pragathi Concrete Products Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Pragathi Concrete Products has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCP8792N1ZG | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Pragathi Concrete Products Private Limited, buy the company report.
Recent activity
Pragathi Concrete Products Private Limited has 2 board changes on record since 1992: 2 appointments. The latest: Jyothi Shashikiran was appointed as Director on 01 Jul 2002.
3 earlier events are in the company report.
Frequently asked questions
Pragathi Concrete Products is an active private limited company based in Davanagere, Karnataka, India. The company works in construction materials, within the manufacturing industry. It was incorporated on 26 February 1992 (34+ years old) and is registered under CIN U26931KA1992PTC012880.
Pragathi Concrete Products has 2 current directors:
- Bankapur Shivappa Shashikiran - Managing Director
- Jyothi Shashikiran - Director
The latest financial statements of Pragathi Concrete Products 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 Pragathi Concrete Products is 29AABCP8792N1ZG, registered in Karnataka.
The CIN (Corporate Identification Number) of Pragathi Concrete Products is U26931KA1992PTC012880. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pragathi Concrete Products has 9 court cases on record: 1 filed by the company and 8 filed against it. Most are in the district courts.
Pragathi Concrete Products was incorporated on 26 February 1992, making it 34+ years old. It is registered with the Registrar of Companies, Bangalore.
Jyothi Shashikiran was appointed as Director on 01 Jul 2002. Bankapur Shivappa Shashikiran was appointed as Managing Director on 26 Feb 1992.
The registered office of Pragathi Concrete Products is at Plot No. 8A Industrial Area Davanagere., Karnataka, India – 577005.
Pragathi Concrete Products operates in the manufacturing industry, in the construction materials segment.
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