Progress Consulting Private Limited
About Progress Consulting Private Limited
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Progress Consulting Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 18 March 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U93000TG2011PTC073350. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Usha Rani Kalagara and Suribabu Kalagara.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at 1 – 1 – 385/6 P And T Colony Gandhi Nagar, Hyderabad, Telangana, India – 500380.
As per the financials filed for FY 2019, the company reported a revenue of ₹33.63 Lakh, a decline of 17% compared to the previous year. For the same year it recorded a net loss of ₹5.74 Lakh (net margin -17.1%) and EBITDA of -₹5.34 Lakh (EBITDA margin -15.9%). Revenue has declined at a compounded annual rate (CAGR) of 20% over three years and 14% over five years.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
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- Registered Address1 – 1 – 385/6 P And T Colony Gandhi Nagar, Hyderabad, Telangana, India – 500380
- IndustryInformation Technology, Application Development & Software Solutions
- 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
- One PDF report, delivered after checkout
Business Activity of Progress Consulting Private Limited
The main business activity of Progress Consulting is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. | 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 Progress Consulting Private Limited FY 2019 filings available
Progress Consulting Private Limited reported revenue of ₹33.63 Lakh (down 17% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR) of Progress Consulting Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 14% over five years, including a 17% fall in the latest year. EBITDA fell 354% 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 Progress Consulting Private Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| 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 | -₹5.34 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹5.74 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 Progress Consulting Private Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -15.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -17.1% | •••• | •••• | •••• | •••• |
| 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 Progress Consulting 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 Progress Consulting Private Limited
Progress Consulting Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Publishing of computer operating systems, system software, application software, games, etc.). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Vgenuine Solutions Private Limited | ₹33.69 Lakh (FY 2016) | •••• | •••• | 8.0% | •••• | Budgam, Jammu and Kashmir, India |
| Kayil Systems Private Limited | ₹33.66 Lakh (FY 2024) | •••• | •••• | 139.0% | •••• | Bangalore, Karnataka, India |
| Efovinity IT Consulting Services Private Limited | ₹33.66 Lakh (FY 2025) | •••• | •••• | 16.0% | •••• | Delhi, India |
| Transform Scitech Private Limited | ₹33.64 Lakh (FY 2025) | •••• | •••• | 948.0% | •••• | Hyderabad, Telangana, India |
| Sensussoft Software Private Limited | ₹33.64 Lakh (FY 2025) | •••• | •••• | -77.0% | •••• | Surat, Gujarat, India |
| Progress Consulting Private Limited this company | ₹33.63 Lakh (FY 2019) | •••• | •••• | -17.0% | •••• | Hyderabad, Telangana, India |
| Ce2020 Technologies Private Limited | ₹33.62 Lakh (FY 2022) | •••• | •••• | 94.0% | •••• | Chennai, Tamil Nadu, India |
| Armtronix Iot Private Limited | ₹33.58 Lakh (FY 2025) | •••• | •••• | 35.0% | •••• | Hubli, Karnataka, India |
| Silent Coders Technology (OPC) Private Limited | ₹33.57 Lakh (FY 2020) | •••• | •••• | 31.0% | •••• | Mumbai, Maharashtra, India |
| Ramg Solutions Private Limited | ₹33.56 Lakh (FY 2024) | •••• | •••• | -1.0% | •••• | Jaipur, Rajasthan, India |
| Talktec Business Solutions Private Limited | ₹33.55 Lakh (FY 2024) | •••• | •••• | -66.0% | •••• | Ghaziabad, Uttar Pradesh, India |
Peers are the five companies nearest above and the five nearest below Progress Consulting by revenue in the same principal business activity (Publishing of computer operating systems, system software, application software, games, etc.), 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 Progress Consulting Private Limited
Progress Consulting Private Limited is audited by SIVAIAH&CO for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SIVAIAH&CO | 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 Progress Consulting Private Limited
Progress Consulting has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Usha Rani Kalagara Also directs: SJK Consulting Private Limited | Director | 18 Mar 2011 | 15 Years 6 Months | Current |
| Suribabu Kalagara Also directs: SJK Consulting Private Limited | Director | 18 Mar 2011 | 15 Years 6 Months | Current |
| Sai Jitendar Kalagara Also directs: SJK Consulting Private Limited, Tram India Mining Private Limited | Director | 18 Mar 2011 | 15 Years 6 Months | Current |
Ownership and Shareholding of Progress Consulting 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 Progress Consulting Private Limited
Progress Consulting Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Progress Consulting Private Limited
Employment history and EPFO contributions of people linked to Progress Consulting.
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.
CIN History of Progress Consulting Private Limited
Progress Consulting has one previous CIN (Corporate Identification Number): U93000AP2011PTC073350. The current CIN is U93000TG2011PTC073350, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U93000TG2011PTC073350 | Current |
| U93000AP2011PTC073350 | Previous |
Recent Activity on Progress Consulting Private Limited
Progress Consulting Private Limited has 3 board changes on record since 2011: 3 appointments. The latest: Sai Jitendar Kalagara was appointed as Director on 18 Mar 2011.
Credit Ratings, Litigation & Regulatory Alerts for Progress Consulting 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 Progress Consulting 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 Progress Consulting 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 Progress Consulting Private Limited
Progress Consulting has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
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 Progress Consulting 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 Progress Consulting Private Limited
Progress Consulting is an active private limited company based in Hyderabad, Telangana, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 18 March 2011 (15+ years old) and is registered under CIN U93000TG2011PTC073350.
Progress Consulting reported revenue of ₹33.63 Lakh for FY 2019 (down 17% YoY).
Progress Consulting has 3 current directors:
- Usha Rani Kalagara - Director
- Suribabu Kalagara - Director
- Sai Jitendar Kalagara - Director
Progress Consulting reported a net loss of ₹5.74 Lakh (net margin -17.1%) and EBITDA of -₹5.34 Lakh (EBITDA margin -15.9%) for FY 2019, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Progress Consulting is -20% over three years and -14% over five years. In the latest year (FY 2019) revenue fell 17%. CAGR is the steady yearly rate that links the first and the last year.
No. Progress Consulting has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Progress Consulting is U93000TG2011PTC073350. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Progress Consulting was incorporated on 18 March 2011, making it 15+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Progress Consulting by revenue are Vgenuine Solutions Private Limited, Kayil Systems Private Limited, Efovinity IT Consulting Services Private Limited, Transform Scitech Private Limited, Sensussoft Software Private Limited and 5 more, all in the same principal business activity (Publishing of computer operating systems, system software, application software, games, etc.).
Sai Jitendar Kalagara was appointed as Director on 18 Mar 2011. Suribabu Kalagara was appointed as Director on 18 Mar 2011. Usha Rani Kalagara was appointed as Director on 18 Mar 2011.
The registered office of Progress Consulting is at 1 – 1 – 3856 P And T Colony Gandhi Nagar, Hyderabad, Telangana, India – 500380.