MSME (Udyam registered) Ministry of MSME
- Category
- Small (2023-24)
- Udyam number
- UDYAM-TS-25-0000554
Pragati Polyplast India Private Limited - packaging in Sangareddy, Telangana, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹51.6 Cr
▲ 16% YoY
Net loss · FY 2025
₹1.91 Cr
Net margin -3.7%
EBITDA · FY 2025
₹57.02 Lakh
EBITDA margin 1.1%
Authorised capital
₹40 Lakh
Registered with MCA
Paid-up capital
₹30.04 Lakh
Issued & subscribed
Open charges
₹13.91 Cr
Satisfied ₹41.54 Cr
Company age
33 yrs
Est. 1993
Employees · EPFO
42
Provident fund records
About Pragati Polyplast India Private Limited
Data last updated:
Pragati Polyplast India Private Limited is a private limited company based in Sangareddy, Telangana, India. It operates in the industrial packaging solutions segment of the packaging sector. It was incorporated on 21 May 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U29309TG1993PTC015789. Its GSTIN is 36AABCP8115D1ZP (Telangana). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹40 Lakh and a paid-up capital of ₹30.04 Lakh. It was formerly known as Pragati Switches Pvt. Ltd. It is led by directors including Satish Kumar Sanghi (Managing Director) and Nitin Sanghi.
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 9/2B Phase 1 Tsiic, Pashamylaram Sangareddy Dist, Telangana, India – 502307.
As per the financials filed for FY 2025, the company reported a revenue of ₹51.6 Cr, a growth of 16% compared to the previous year. For the same year it recorded a net loss of ₹1.91 Cr (net margin -3.7%) and EBITDA of ₹57.02 Lakh (EBITDA margin 1.1%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 10% over five years.
The company has about 42 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Pragati Polyplast. As per MCA filings, the company has open charges of ₹13.91 Cr and satisfied charges of ₹41.54 Cr on record. Court records list 3 cases involving the company, including 3 filed by the company; 1 case is pending. The company has 1 deal on record (1 secondary share transfer); the latest was in January 2023. Its 4 peer companies in the Packaging industry (Industrial Packaging), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products) are compared by revenue, 1 larger and 3 smaller; the largest is Kumar Containers Private Limited with revenue of ₹52.02 Cr.
Pragati Polyplast India Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TS-25-0000554). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website pragatiplast.com.
Company details
CIN U29309TG1993PTC015789
Registration Number 015789
Incorporation Date 21 May 1993
ROC Hyderabad
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-TS-25-0000554
CIN history
Pragati Polyplast India has one previous CIN (Corporate Identification Number): U29309AP1993PTC015789. The current CIN is U29309TG1993PTC015789, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U29309TG1993PTC015789 | Current |
| U29309AP1993PTC015789 | Previous |
Recognitions & Rankings of Pragati Polyplast India
Contact details
Pragati Polyplast India Private Limited's registered office is in Sangareddy, Telangana. Its website is pragatiplast.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address9/2B Phase 1 Tsiic, Pashamylaram Sangareddy Dist, Telangana, India – 502307
- IndustryPackaging, Industrial Packaging Solutions
To see the full contact details of Pragati Polyplast India Private Limited, buy the company report.
Comprehensive company report
Pragati Polyplast India 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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Brands
Pragati Polyplast India operates one associated brand: Pragati Polyplast. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Packaging solutions for bulk drug and chemical industries are provided by the company in India. | pragatiplast.com |
Business activity
The main business activity of Pragati Polyplast India is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Pragati Polyplast India Private Limited, buy the company report.
Financials of Pragati Polyplast India Private Limited
FY 2025 filings availablePragati Polyplast India Private Limited reported revenue of ₹51.6 Cr (up 16% YoY) for FY 2025.
Revenue · FY 2025
₹51.6 Cr ▲ 16%
Net loss · FY 2025
₹1.91 Cr margin -3.7%
EBITDA · FY 2025
₹57.02 Lakh margin 1.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 16%
3 years · compounded
▲ 5%
5 years · compounded
▲ 10%
EBITDA CAGR growth
1 year
▲ 130%
3 years · compounded
▼ 41%
5 years · compounded
▼ 26%
Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 16% growth in the latest year. EBITDA rose 130% 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 | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹57.02 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.91 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Fixed Assets | |||||
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| 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 | 1.1% | ||||
| Net Profit Margin | -3.7% | ||||
| 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 | |||||
To see the full financial statements and ratios of Pragati Polyplast India Private Limited, buy the company report.
Board of directors of Pragati Polyplast India Private Limited
Pragati Polyplast India has 4 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nitin Sanghi Also directs: Pragati Ekopak LLP | Director | 01 Oct 2015 | 11 Years 1 Months | Current |
| Satish Kumar Sanghi | Managing Director | 01 Jan 1994 | 32 Years 10 Months | Current |
| Pushpa Sanghi | Director | 01 Jan 1994 | 32 Years 10 Months | Current |
| Preeti Sanghi Also directs: Pragati Ekopak LLP | Director | 23 Sep 2009 | 17 Years 1 Months | Current |
Peer comparison
Pragati Polyplast India Private Limited is compared with the 4 companies closest to it by revenue in the Packaging industry (Industrial Packaging), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Kumar Containers Private Limited | ₹52.02 Cr (FY 2023) | -2.0% | Kannauj, Uttar Pradesh, India | |||
| Pragati Polyplast India Private Limitedthis company | ₹51.6 Cr (FY 2025) | -₹1.91 Cr | -3.7% | 16.0% | 42 | Sangareddy, Telangana, India |
| Pendo Packaging Private Limited | ₹51.33 Cr (FY 2025) | 57.0% | New Delhi, Delhi, India | |||
| Rustoppers Packtech Private Limited | ₹51.19 Cr (FY 2025) | 3.0% | Chennai, Tamil Nadu, India | |||
| Cellotape Industries Private Limited | ₹51.16 Cr (FY 2025) | 19.0% | Sahnewal, Punjab, India |
To see the full peer comparison of Pragati Polyplast India Private Limited, buy the company report.
Auditor
Pragati Polyplast India Private Limited is audited by R BENGANI & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R BENGANI & ASSOCIATES | FY 2023 | 014542S |
Shareholding
The shareholding of Pragati Polyplast India 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 Pragati Polyplast India Private Limited, buy the company report.
Charges & borrowings
Open charges
₹13.91 Cr
Satisfied charges
₹41.54 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Nov 2025 | 101191680 | Others | ₹13 Cr | Open | |
| 18 Jul 2024 | 100974625 | Axis Bank Limited | ₹30.98 Lakh | Open | |
| 13 Jan 2023 | 100696845 | Hdfc Bank Limited | ₹19.74 Lakh | Open | |
| 06 Sep 2022 | 100645919 | Hdfc Bank Limited | ₹40.4 Lakh | Open | |
| 01 Nov 2023 | 100860344 | Hdfc Bank Limited | ₹1.53 Cr | Satisfied |
To see the full charge records of Pragati Polyplast India Private Limited, buy the company report.
Total charge records: 15 View all charges
Deals & funding
Pragati Polyplast India Private Limited has 1 deal on record (1 secondary share transfer); the latest was in January 2023.
Total deals
1
Secondary share transfer
1
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2023 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Pragati Polyplast India Private Limited has 3 court cases on record: 3 filed by Pragati Polyplast India. 1 case is pending and 2 are disposed.
Total cases
3
Filed by the company
3
Pending
1
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 0 | 1 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court for State of Telangana | Appeal | Filed by the company against The State of Telangana, | Pending |
| High Court for State of Telangana | Writ petition | Filed by the company against The State of Telangana | Disposed |
| High Court, TELANGANA | Writ petition | Filed by the company against The State of Telangana and 2 others | Disposed |
To see the full case history of Pragati Polyplast India 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 Pragati Polyplast India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Pragati Polyplast India Private Limited has a workforce of 42 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
Employee count
42
Active EPFO establishments
1
Employee growth
-4.55%
GST
Pragati Polyplast India has 3 GST registrations: 1 active and 2 cancelled or inactive.
Total GSTINs
3
Active
1
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AABCP8115D1ZP | Telangana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Pragati Polyplast India Private Limited, buy the company report.
Recent activity
Pragati Polyplast India Private Limited has 4 board changes on record since 1994: 4 appointments. The latest: Nitin Sanghi was appointed as Director on 01 Oct 2015.
Charges
A charge registered on 03 Oct 2019 via Charge ID 100294272 with Axis Bank Limited was fully satisfied on 17 Nov 2025.
Charges
A charge registered on 03 Jan 2017 via Charge ID 100080227 with Axis Bank Limited was fully satisfied on 17 Nov 2025.
Charges
A charge with Others amounted to Rs. 1,300.00 Lakh with Charge ID 101191680 was registered on 13 Nov 2025.
Charges
A charge registered on 01 Nov 2023 via Charge ID 100860344 with Hdfc Bank Limited was fully satisfied on 29 Oct 2025.
Charges
A charge registered on 26 Aug 2015 via Charge ID 10595156 with Hdfc Bank Limited was fully satisfied on 29 Oct 2025.
AGM
Pragati Polyplast India Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Pragati Polyplast India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Hyderabad.
Charges
A charge with Hdfc Bank Limited of Rs. 1,403.00 Lakh registered on 26 Aug 2015 with Charge ID 10595156 was modified on 25 Mar 2025.
Charges
A charge with Axis Bank Limited amounted to Rs. 30.98 Lakh with Charge ID 100974625 was registered on 18 Jul 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 153.00 Lakh with Charge ID 100860344 was registered on 01 Nov 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 19.74 Lakh with Charge ID 100696845 was registered on 13 Jan 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 40.40 Lakh with Charge ID 100645919 was registered on 06 Sep 2022.
27 earlier events are in the company report.
Frequently asked questions
Pragati Polyplast India is an active private limited company based in Sangareddy, Telangana, India. The company works in industrial packaging solutions, within the packaging industry. It was incorporated on 21 May 1993 (33+ years old) and is registered under CIN U29309TG1993PTC015789.
Pragati Polyplast India has 4 current directors:
- Satish Kumar Sanghi - Managing Director
- Nitin Sanghi - Director
- Pushpa Sanghi - Director
- Preeti Sanghi - Director
The latest financial statements of Pragati Polyplast India 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 Pragati Polyplast India is 36AABCP8115D1ZP, registered in Telangana. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Pragati Polyplast India is U29309TG1993PTC015789. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pragati Polyplast India has 3 court cases on record: 3 filed by the company. 1 is pending.
Pragati Polyplast India was incorporated on 21 May 1993, making it 33+ years old. It is registered with the Registrar of Companies, Hyderabad.
Pragati Polyplast India has 1 deal on record (1 secondary share transfer); the latest was in January 2023.
The peers of Pragati Polyplast India by revenue are Kumar Containers Private Limited, Pendo Packaging Private Limited, Rustoppers Packtech Private Limited, Cellotape Industries Private Limited, all in the Packaging industry (Industrial Packaging), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Nitin Sanghi was appointed as Director on 01 Oct 2015. Preeti Sanghi was appointed as Director on 23 Sep 2009. Pushpa Sanghi was appointed as Director on 01 Jan 1994. Pragati Polyplast India has 4 board changes on record in total.
Yes, Pragati Polyplast India is registered as a small enterprise under Udyam registration (number: UDYAM-TS-25-0000554).
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