Pragati Irrigation Systems Private Limited
About Pragati Irrigation Systems Private Limited
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Pragati Irrigation Systems Private Limited is a private limited company based in Nashik, Maharashtra, India. It operates in the cold storage and warehousing services segment of the transport and logistics sector. It was incorporated on 18 September 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29219MH1992PTC068603. Its GSTIN is 27AABCP3663Q1ZU (Maharashtra).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹48.43 Lakh. It is led by directors Abhishek Ravindra Satbhai and Harshwardhan Ravindra Satbhai.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Mumbai Agra Highwaya/P Pimpalgaon Baswant Pimpalgaon B, Nashik, Maharashtra, India – 422009.
As per the financials filed for FY 2022, the company reported a revenue of ₹41.8 Lakh, a growth of 5% compared to the previous year. For the same year it recorded a net profit of ₹12.46 Lakh (net margin 29.8%) and EBITDA of ₹26.24 Lakh (EBITDA margin 62.8%). Revenue has declined at a compounded annual rate (CAGR) of 66% over three years and 11% over five years.
As per MCA filings, the company has open charges of ₹3.86 Cr and satisfied charges of ₹2.46 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Pragati Irrigation Systems Private Limited's registered office is in Nashik, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressMumbai Agra Highwaya/P Pimpalgaon Baswant Pimpalgaon B, Nashik, Maharashtra, India – 422009
- IndustryTransport and Logistics, Cold Storage & Warehousing Services
To see the full contact details of Pragati Irrigation Systems 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 Pragati Irrigation Systems is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Pragati Irrigation Systems Private Limited, buy the company report.
Financials of Pragati Irrigation Systems Private Limited
FY 2022 filings availablePragati Irrigation Systems Private Limited reported revenue of ₹41.8 Lakh (up 5% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue rose 5% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 11%. EBITDA rose 12% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA | ₹26.24 Lakh | ||||
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| Net Profit (PAT) | ₹12.46 Lakh | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| Profitability | |||||
| EBITDA Margin | 62.8% | ||||
| Net Profit Margin | 29.8% | ||||
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To see the full financial statements and ratios of Pragati Irrigation Systems Private Limited, buy the company report.
Board of directors of Pragati Irrigation Systems Private Limited
Pragati Irrigation Systems has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Abhishek Ravindra Satbhai Also directs: Satbhai R S Exports LLP | Director | 30 Aug 2024 | 2 Years 2 Months | Current |
| Harshwardhan Ravindra Satbhai | Director | 30 Aug 2024 | 2 Years 2 Months | Current |
Auditor
Pragati Irrigation Systems Private Limited is audited by R S BASTE & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R S BASTE & CO | FY 2020 | 101040W |
Shareholding
The shareholding of Pragati Irrigation Systems Private Limited is on record for 5 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Pragati Irrigation Systems Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Sep 2002 | 90374526 | City Union Bank Ltd. | ₹3 Cr | Open | |
| 27 Mar 1998 | 90378151 | Sbi Factors and Commercial Services Ltd. | ₹72 Lakh | Open | |
| 18 Apr 1997 | 90378087 | Punjab National Bank | ₹5 Lakh | Open | |
| 15 Jul 1977 | 90376883 | S.B.I. | ₹4.5 Lakh | Open | |
| 24 Oct 1973 | 90376829 | United Bank of India | ₹4 Lakh | Open |
To see the full charge records of Pragati Irrigation Systems Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
No court or tribunal cases involving Pragati Irrigation Systems Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Pragati Irrigation Systems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Pragati Irrigation Systems has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCP3663Q1ZU | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Pragati Irrigation Systems Private Limited, buy the company report.
Recent activity
Pragati Irrigation Systems Private Limited has 10 board changes on record since 2019: 2 appointments and 8 cessations. The latest: Abhishek Ravindra Satbhai was appointed as Director on 30 Aug 2024.
10 earlier events are in the company report.
Frequently asked questions
Pragati Irrigation Systems is an active private limited company based in Nashik, Maharashtra, India. The company works in cold storage and warehousing services, within the transport and logistics industry. It was incorporated on 18 September 1992 (34+ years old) and is registered under CIN U29219MH1992PTC068603.
Pragati Irrigation Systems has 2 current directors:
- Abhishek Ravindra Satbhai - Director
- Harshwardhan Ravindra Satbhai - Director
The latest financial statements of Pragati Irrigation Systems on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of Pragati Irrigation Systems is 27AABCP3663Q1ZU, registered in Maharashtra.
The CIN (Corporate Identification Number) of Pragati Irrigation Systems is U29219MH1992PTC068603. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pragati Irrigation Systems was incorporated on 18 September 1992, making it 34+ years old. It is registered with the Registrar of Companies, Mumbai.
Abhishek Ravindra Satbhai was appointed as Director on 30 Aug 2024. Harshwardhan Ravindra Satbhai was appointed as Director on 30 Aug 2024. Shobharavindra Satbhai ceased to be Director on 30 Aug 2024. Pragati Irrigation Systems has 10 board changes on record in total.
The registered office of Pragati Irrigation Systems is at Mumbai Agra HighwayaP Pimpalgaon Baswant Pimpalgaon B, Nashik, Maharashtra, India – 422009.
Pragati Irrigation Systems operates in the transport and logistics industry, in the cold storage and warehousing services segment.
Pragati Irrigation Systems has open charges of ₹3.86 Cr and satisfied charges of ₹2.46 Cr as per latest MCA filings.
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