Progeon Global Forwarding Private Limited
About Progeon Global Forwarding Private Limited
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Progeon Global Forwarding Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the integrated logistics and supply chain solutions segment of the transport and logistics sector. It was incorporated on 26 July 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U62200TN2010PTC076722. Its GSTIN is 33AAFCP5928C1ZM (Tamil Nadu). The company holds 4 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹55 Lakh and a paid-up capital of ₹51.5 Lakh. It is led by directors Dharmesh Dutta and Nirmala Devi Dutta.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Chennai, Tamil Nadu.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.08 Cr, a decline of 38% compared to the previous year. For the same year it recorded a net profit of ₹13.4 Lakh (net margin 3.3%) and EBITDA of ₹13.72 Lakh (EBITDA margin 3.4%). Revenue has declined at a compounded annual rate (CAGR) of 24% over three years and 3% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressDoor No.6 – B Old No.126 New No.257 Zafrullah Tower 6th Floor Angappan Naickan Street Parr, Ys Corner, Chennai, Tamil Nadu, India – 600001
- IndustryTransport and Logistics, Integrated & Diversified Logistics Services
- 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 of Progeon Global Forwarding Private Limited
The main business activity of Progeon Global Forwarding is transport and storage. In detail, this covers services incidental to land, water & air transportation.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| H | Transport and storage | H5 | Services incidental to land, water & air transportation | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Progeon Global Forwarding Private Limited FY 2024 filings available
Progeon Global Forwarding Private Limited reported revenue of ₹4.08 Cr (down 38% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Progeon Global Forwarding Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 3% over five years, including a 38% fall in the latest year. EBITDA fell 72% 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 of Progeon Global Forwarding Private Limited
| 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 | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹13.72 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹13.4 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Progeon Global Forwarding Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 3.3% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Progeon Global Forwarding are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Progeon Global Forwarding Private Limited
Progeon Global Forwarding Private Limited is compared with the companies closest to it by revenue in the Transport and Logistics industry (Business Auxiliary Services, Diversified Logistics). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Wla Consultants and Logistics Private Limited | ₹4.08 Cr (FY 2020) | •••• | •••• | 0.0% | •••• | New Delhi, Delhi, India |
| Shri Karni Packers and Movers Private Limited | ₹4.08 Cr (FY 2025) | •••• | •••• | 57.0% | •••• | New Delhi, Delhi, India |
| Choubeyji Foods Private Limited | ₹4.08 Cr (FY 2025) | •••• | •••• | •••• | Dabra, Madhya Pradesh, India | |
| Su Logistics Private Limited | ₹4.08 Cr (FY 2025) | •••• | •••• | -2.0% | •••• | New Delhi, Delhi, India |
| RVDS Technology India Private Limited | ₹4.08 Cr (FY 2025) | •••• | •••• | 166.0% | •••• | Mumbai, Maharashtra, India |
| Progeon Global Forwarding Private Limited this company | ₹4.08 Cr (FY 2025) | •••• | •••• | -38.0% | •••• | Chennai, Tamil Nadu, India |
| Avk Tradexim Private Limited | ₹4.08 Cr (FY 2025) | •••• | •••• | 42.0% | •••• | Thane, Maharashtra, India |
| Chawla Logistics Solutions Private Limited | ₹4.07 Cr (FY 2025) | •••• | •••• | 31.0% | •••• | Agra, Uttar Pradesh, India |
| KCM Transway Private Limited | ₹4.07 Cr (FY 2025) | •••• | •••• | -8.0% | •••• | Jaipur, Rajasthan, India |
| Prateek Roadways Private Limited | ₹4.07 Cr (FY 2021) | •••• | •••• | -19.0% | •••• | New Delhi, Delhi, India |
| Kataria Multimodal Private Limited | ₹4.07 Cr (FY 2025) | •••• | •••• | 67.0% | •••• | Kanpur, Uttar Pradesh, India |
Peers are the five companies nearest above and the five nearest below Progeon Global Forwarding by revenue in the Transport and Logistics industry (Business Auxiliary Services, Diversified Logistics), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Progeon Global Forwarding Private Limited
Progeon Global Forwarding Private Limited is audited by T JAI V VAIRAV for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| T JAI V VAIRAV | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Progeon Global Forwarding Private Limited
Progeon Global Forwarding has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dharmesh Dutta | Director | 26 Jul 2010 | 16 Years 2 Months | Current |
| Nirmala Devi Dutta | Director | 24 Jan 2017 | 9 Years 8 Months | Current |
Ownership and Shareholding of Progeon Global Forwarding Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Progeon Global Forwarding Private Limited
Progeon Global Forwarding Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Progeon Global Forwarding Private Limited
Employment history and EPFO contributions of people linked to Progeon Global Forwarding.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Progeon Global Forwarding Private Limited
Progeon Global Forwarding Private Limited has 4 board changes on record since 2010: 3 appointments and 1 cessation. The latest: Nirmala Devi Dutta was appointed as Director on 24 Jan 2017.
Credit Ratings, Litigation & Regulatory Alerts for Progeon Global Forwarding Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Progeon Global Forwarding Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Progeon Global Forwarding Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Progeon Global Forwarding Private Limited
Progeon Global Forwarding has 4 GST registrations: 3 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAFCP5928C1ZM | Tamil Nadu | Active | 01 Jul 2017 |
| 27AAFCP5928C1ZF | Maharashtra | Active | 22 Dec 2017 |
| 36AAFCP5928C1ZG | Telangana | Active | 01 Nov 2019 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Progeon Global Forwarding Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Progeon Global Forwarding Private Limited
Progeon Global Forwarding is an active private limited company based in Chennai, Tamil Nadu, India. The company works in integrated and diversified logistics services, within the transport and logistics industry. It was incorporated on 26 July 2010 (16+ years old) and is registered under CIN U62200TN2010PTC076722.
Progeon Global Forwarding reported revenue of ₹4.08 Cr for FY 2025 (down 38% YoY).
Progeon Global Forwarding has 2 current directors:
- Dharmesh Dutta - Director
- Nirmala Devi Dutta - Director
Progeon Global Forwarding reported a net profit of ₹13.4 Lakh (net margin 3.3%) and EBITDA of ₹13.72 Lakh (EBITDA margin 3.4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Progeon Global Forwarding is -24% over three years and -3% over five years. In the latest year (FY 2025) revenue fell 38%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Progeon Global Forwarding is 33AAFCP5928C1ZM, registered in Tamil Nadu. The company has 4 GST registrations in all, of which 3 are active and 1 is cancelled or inactive. Other active GSTINs include 27AAFCP5928C1ZF (Maharashtra), 36AAFCP5928C1ZG (Telangana).
The CIN (Corporate Identification Number) of Progeon Global Forwarding is U62200TN2010PTC076722. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Progeon Global Forwarding was incorporated on 26 July 2010, making it 16+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Progeon Global Forwarding by revenue are Wla Consultants and Logistics Private Limited, Shri Karni Packers and Movers Private Limited, Choubeyji Foods Private Limited, Su Logistics Private Limited, RVDS Technology India Private Limited and 5 more, all in the Transport and Logistics industry (Business Auxiliary Services, Diversified Logistics).
Nirmala Devi Dutta was appointed as Director on 24 Jan 2017. Vijaykumar Rangaswami Nadadur ceased to be Director on 24 Jan 2017. Vijaykumar Rangaswami Nadadur was appointed as Director on 31 May 2014. Progeon Global Forwarding has 4 board changes on record in total.
The registered office of Progeon Global Forwarding is at Door No.6 – B Old No.126 New No.257 Zafrullah Tower 6th Floor Angappan Naickan Street Parr, Ys Corner, Chennai, Tamil Nadu, India – 600001.