About Progen Systems and Technologies Limited
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Progen Systems and Technologies Limited is a public limited company based in Ponneri, Tamil Nadu, India, a subsidiary of Bgr Investment Holdings Company Limited. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 27 January 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U29141TN1994PLC026639. Its GSTIN is 33AABCP6231A1Z4 (Tamil Nadu).
The company has an authorised share capital of ₹7 Cr and a paid-up capital of ₹6.1 Cr. It was formerly known as Petrodyne Process Technologies Limited. It is led by directors including Priyadershini Raghupathy and Raghunatha Rao Easwar Rao.
Its last annual general meeting (AGM) was held on 15 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Ponneri, Tamil Nadu.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.4 Cr, a growth of 116% compared to the previous year. For the same year it recorded a net profit of ₹1.49 Cr (net margin 43.9%) and EBITDA of ₹2.04 Cr (EBITDA margin 59.9%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years and 3% over five years.
As per MCA filings, the company has satisfied charges of ₹522 Cr on record. Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website bgrcorp.com.
Company details
Contact details
Progen Systems and Technologies Limited's registered office is in Ponneri, Tamil Nadu. Its website is bgrcorp.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNew No. 11 – 199 Old No. 171 Gnt Road, Panjetty Village, Ponneri, Tamil Nadu, India – 601204
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of Progen Systems and Technologies 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 Progen Systems and Technologies is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
Financials of Progen Systems and Technologies Limited
FY 2025 filings availableProgen Systems and Technologies Limited reported revenue of ₹3.4 Cr (up 116% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 3% over five years, including 116% growth in the latest year. EBITDA rose 387% 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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| EBITDA | ₹2.04 Cr | ||||
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| Net Profit (PAT) | ₹1.49 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 59.9% | ||||
| Net Profit Margin | 43.9% | ||||
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To see the full financial statements and ratios of Progen Systems and Technologies Limited, buy the company report.
Board of directors of Progen Systems and Technologies Limited
Progen Systems and Technologies has 3 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sri Divya | Additional Director | 17 Feb 2025 | 1 Years 8 Months | Current |
| Priyadershini Raghupathy | Director | 28 Jul 2020 | 6 Years 2 Months | Current |
| Raghunatha Rao Easwar Rao Also directs: Towerfills Private Limited, Miganandru Private Limited | Director | 03 Aug 2023 | 3 Years 2 Months | Current |
Auditor
Progen Systems and Technologies Limited is audited by CNGSN & Associates LLP for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CNGSN & Associates LLP | FY 2022 | 004915S/S200036 |
Shareholding
The shareholding of Progen Systems and Technologies Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
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| Public | |||||
| Others |
To see the full shareholding pattern of Progen Systems and Technologies Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Mar 2015 | 10560244 | Syndicate Bank | ₹500 Cr | Satisfied | |
| 12 Jul 2011 | 10300273 | Indian Overseas Bank | ₹6 Cr | Satisfied | |
| 30 Mar 2006 | 80058589 | Indian Overseas Bank | ₹4 Cr | Satisfied | |
| 25 Jul 2005 | 90287001 | Uti Bank Ltd. | ₹5 Cr | Satisfied | |
| 31 Mar 2005 | 90293318 | Indian Overseas Bank | ₹5 Cr | Satisfied |
To see the full charge records of Progen Systems and Technologies Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Progen Systems and Technologies Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Tiruvallur, Tamil Nadu | Civil suit | Filed against the company by BGR Energy Stystems Limited | Disposed |
To see the full case history of Progen Systems and Technologies 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 Progen Systems and Technologies Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Progen Systems and Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AABCP6231A1Z4 | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Progen Systems and Technologies Limited, buy the company report.
Recent activity
Progen Systems and Technologies Limited has 17 board changes on record since 2011: 3 appointments and 14 cessations. The latest: Sri Divya was appointed as Additional Director on 17 Feb 2025.
22 earlier events are in the company report.
News
Frequently asked questions
Progen Systems and Technologies is an active public limited company based in Ponneri, Tamil Nadu, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 27 January 1994 (32+ years old) and is registered under CIN U29141TN1994PLC026639.
Progen Systems and Technologies has 3 current directors:
- Sri Divya - Additional Director
- Priyadershini Raghupathy - Director
- Raghunatha Rao Easwar Rao - Director
The latest financial statements of Progen Systems and Technologies on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 15 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Progen Systems and Technologies is 33AABCP6231A1Z4, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Progen Systems and Technologies is U29141TN1994PLC026639. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Progen Systems and Technologies has 1 court case on record: 1 filed against it.
Progen Systems and Technologies was incorporated on 27 January 1994, making it 32+ years old. It is registered with the Registrar of Companies, Chennai.
Sri Divya was appointed as Additional Director on 17 Feb 2025. Krishnarajapuram Nanjappa Purandarnath ceased to be Additional Director on 29 Sep 2024. Raghunatha Rao Easwar Rao ceased to be Additional Director on 29 Sep 2023. Progen Systems and Technologies has 17 board changes on record in total.
Progen Systems and Technologies can be reached through the website bgrcorp.com. Its registered office is in Ponneri, Tamil Nadu, India.
The registered office of Progen Systems and Technologies is at New No. 11 – 199 Old No. 171 Gnt Road, Panjetty Village, Ponneri, Tamil Nadu, India – 601204.