Progience Technologies Private Limited
About Progience Technologies Private Limited
Data last updated:
Progience Technologies Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 05 September 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72200TG2013PTC089884. Its GSTIN is 36AADCJ1677Q1ZX (Telangana). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Justicetrax It Solutions Private Limited. It is led by directors Sadananda Chary Akkera and Suneeth Kumar Akkera.
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 #103 Level One South Wing Krishe Sapphire Madhapur, Hyderabad, Telangana, India – 500081.
As per the financials filed for FY 2025, the company reported a revenue of ₹6.07 Cr, a growth of 10% compared to the previous year. For the same year it recorded a net profit of ₹1.51 Cr (net margin 24.9%) and EBITDA of ₹2.12 Cr (EBITDA margin 34.9%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 9% over five years.
The company has about 18 employees on its provident fund (EPFO) records.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Progience Technologies has one previous CIN (Corporate Identification Number): U72200AP2013PTC089884. The current CIN is U72200TG2013PTC089884, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72200TG2013PTC089884 | Current |
| U72200AP2013PTC089884 | Previous |
Contact details
Progience Technologies Private Limited's registered office is in Hyderabad, Telangana. Its e-mail address is in the company report.
- Email
- Registered Address#103 Level One South Wing Krishe Sapphire Madhapur, Hyderabad, Telangana, India – 500081
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Progience Technologies 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 Progience Technologies is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Progience Technologies Private Limited, buy the company report.
Financials of Progience Technologies Private Limited
FY 2025 filings availableProgience Technologies Private Limited reported revenue of ₹6.07 Cr (up 10% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 9% over five years, including 10% growth in the latest year. EBITDA fell 1% 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 | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹2.12 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.51 Cr | ||||
| 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 34.9% | ||||
| Net Profit Margin | 24.9% | ||||
| 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 Progience Technologies Private Limited, buy the company report.
Board of directors of Progience Technologies Private Limited
Progience Technologies has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sadananda Chary Akkera | Director | 14 Dec 2015 | 10 Years 10 Months | Current |
| Suneeth Kumar Akkera | Director | 05 Sep 2013 | 13 Years 1 Months | Current |
Peer comparison
Progience Technologies Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other information & communication service activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Megnity Technologies Private Limited | ₹6.08 Cr (FY 2024) | 24.0% | Hyderabad, Telangana, India | |||
| Berribot India Private Limited | ₹6.08 Cr (FY 2024) | 171.0% | Coimbatore, Tamil Nadu, India | |||
| Tagloy Media Private Limited | ₹6.07 Cr (FY 2025) | -43.0% | Pune, Maharashtra, India | |||
| Guardell India Private Limited | ₹6.07 Cr (FY 2024) | 22.0% | Chennai, Tamil Nadu, India | |||
| Inscribe BPO Private Limited | ₹6.07 Cr (FY 2025) | 16.0% | Chennai, Tamil Nadu, India | |||
| Progience Technologies Private Limitedthis company | ₹6.07 Cr (FY 2025) | ₹1.51 Cr | 24.9% | 10.0% | 18 | Hyderabad, Telangana, India |
| Setu Net Private Limited | ₹6.07 Cr (FY 2024) | 184.0% | Pardi, Gujarat, India | |||
| Glue Brandworks Private Limited | ₹6.06 Cr (FY 2024) | 1.0% | New Delhi, Delhi, India | |||
| Appmajix Technologies Private Limited | ₹6.05 Cr (FY 2024) | -9.0% | Hyderabad, Telangana, India | |||
| S.S.E Computech Private Limited | ₹6.05 Cr (FY 2024) | 75.0% | Sri Ganganagar, Rajasthan, India | |||
| Mode India Private Limited | ₹6.04 Cr (FY 2018) | 37.0% | New Delhi, Delhi, India |
To see the full peer comparison of Progience Technologies Private Limited, buy the company report.
Auditor
Progience Technologies Private Limited is audited by ESWAR & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ESWAR & CO | FY 2020 | 011771S |
Shareholding
The shareholding of Progience Technologies Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Progience Technologies Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Progience Technologies 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 Progience Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Progience Technologies Private Limited has a workforce of 18 employees on its EPFO records as of Apr 02, 2024, across 1 active EPFO establishment.
GST
Progience Technologies has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AADCJ1677Q1ZX | Telangana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Progience Technologies Private Limited, buy the company report.
Recent activity
Progience Technologies Private Limited has 4 board changes on record since 2013: 2 appointments and 2 cessations. The latest: Sadananda Chary Akkera ceased to be Additional Director on 30 Sep 2016.
Frequently asked questions
Progience Technologies is an active private limited company based in Hyderabad, Telangana, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 05 September 2013 (13+ years old) and is registered under CIN U72200TG2013PTC089884.
Progience Technologies has 2 current directors:
- Sadananda Chary Akkera - Director
- Suneeth Kumar Akkera - Director
The latest financial statements of Progience Technologies 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 Progience Technologies is 36AADCJ1677Q1ZX, registered in Telangana. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Progience Technologies is U72200TG2013PTC089884. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Progience Technologies was incorporated on 05 September 2013, making it 13+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Progience Technologies by revenue are Megnity Technologies Private Limited, Berribot India Private Limited, Tagloy Media Private Limited, Guardell India Private Limited, Inscribe BPO Private Limited and 5 more, all in the same principal business activity (other information & communication service activities).
Sadananda Chary Akkera ceased to be Additional Director on 30 Sep 2016. Sadananda Chary Akkera was appointed as Director on 14 Dec 2015. Saileela Akkera ceased to be Director on 14 Dec 2015. Progience Technologies has 4 board changes on record in total.
The registered office of Progience Technologies is at #103 Level One South Wing Krishe Sapphire Madhapur, Hyderabad, Telangana, India – 500081.
Progience Technologies operates in the information technology industry, in the IT consulting and support services segment.
The compliance status of Progience Technologies is compliant as of 19 September 2026. The company is actively filing with the Registrar of Companies.