About Progress Rail Innovations Private Limited
Data last updated: 05 January 2026
Progress Rail Innovations Private Limited is a private limited company based in Delhi, Delhi, India, a subsidiary of Emd International Holding Inc. It specialises in auto parts and components, a part of the broader automotive sector. Incorporated on 02 December 1996, the company has been in operation for over 30 years.
Registered with ROC Delhi under CIN U35201DL1996PTC083567.
Capital: an authorised share capital of ₹50.4 Cr and a paid-up capital of ₹7.39 Cr. Formerly known as Emd Locomotive Technologies Private Limited and Gm Locomotive Group India Pvt Ltd. It is led by directors including Shivanshu Narendra Kaushik and Kelly Bouldin Roney.
Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: 800 Meridian Commercial Tower 8Th Floor Windsor Place, Delhi, Delhi, India – 110001.
As per the financials filed for FY 2025, the company reported a revenue of ₹95.84 Cr, a growth of 25% compared to the previous year.
The company has a workforce of approximately 99 employees as per the latest available data. It operates as a subsidiary of Emd International Holding Inc.
The company is associated with 1 brand - Progress Rail.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website progressrail.com.
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Email*****@*****.com
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Telephone+91-****-******
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Website
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Social Media**************
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Registered Address800 Meridian Commercial Tower 8Th Floor Windsor Place, Delhi, Delhi, India – 110001
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IndustryAutomotive, Auto Parts & Components
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Name History of Progress Rail Innovations Private Limited
Progress Rail Innovations Private Limited has undergone 2 name changes throughout its history. The company was previously known as Emd Locomotive Technologies Private Limited, and Gm Locomotive Group India Pvt Ltd. The current legal name is Progress Rail Innovations Private Limited, reflecting the company's evolution and rebranding over time.
| Company Name | Status |
|---|---|
| Progress Rail Innovations Private Limited | Current |
| Emd Locomotive Technologies Private Limited | Previous |
| Gm Locomotive Group India Pvt Ltd | Previous |
Associated Brands with Progress Rail Innovations Private Limited
Progress Rail Innovations Private Limited operates one associated brand: Progress Rail. These brands represent Progress Rail Innovations Private Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Provider of rolling stock and infrastructure solutions and technologies | progressrail.com |
Business Activity of Progress Rail Innovations Private Limited
Progress Rail Innovations Private Limited is engaged in principal business activities including support service to organizations and manufacturing, with detailed activities including other support services to organizations, motor vehicles, trailers, semi trailers and other transport vehicles. The company has 2 registered principal business activity segments, demonstrating its operational diversity and market reach.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations | ********* |
| C | Manufacturing | C11 | Motor vehicles, trailers, semi trailers and other Transport Vehicles | ********* |
Auditor Details of Progress Rail Innovations Private Limited
Progress Rail Innovations Private Limited is audited by Price Waterhouse & Co. Bangalore LLP for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Price Waterhouse & Co. Bangalore LLP | blur-value | blur-value | blur-value |
Board of Directors of Progress Rail Innovations Private Limited
Progress Rail Innovations Private Limited is currently managed by 4 directors, with 22 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shivanshu Narendra Kaushik | Director | 07 Dec 2023 | 2 Years 7 Months | Current |
| Kelly Bouldin Roney | Director | 10 Mar 2022 | 4 Years 3 Months | Current |
| Colin Jon Kerelchuk | Director | 10 Mar 2022 | 4 Years 3 Months | Current |
| Vijay Kumar | Director | 10 Mar 2022 | 4 Years 3 Months | Current |
Financials of Progress Rail Innovations Private Limited FY 2025 filings available
Progress Rail Innovations Private Limited reported revenue of ₹95.84 Cr (up 25% YoY) for FY 2025. Profit growth despite declining revenue indicates effective cost management and margin discipline.
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Consolidated Statements
Income Statement, Balance Sheet, Cash Flow & Ratios available in the full report.
Shareholding Pattern of Progress Rail Innovations Private Limited
As of FY 2023, Progress Rail Innovations Private Limited's shareholding pattern shows 100.00% by public shareholders. Public shareholders hold the majority stake, reflecting broad public ownership.
| Year | 2025 |
|---|---|
| Promoters | 33.19% |
| DII | 23.22% |
| FII | 18.28% |
| Public | 22.89% |
| Others | 2.42% |
Charges & Borrowings Progress Rail Innovations Private Limited
Progress Rail Innovations Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Progress Rail Innovations Private Limited
Progress Rail Innovations Private Limited has a workforce of 99 employees as of Apr 07, 2024.
Employee Count & EPFO Data of Progress Rail Innovations Private Limited
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GST Compliance of Progress Rail Innovations Private Limited
GSTIN & GST Filing Data of Progress Rail Innovations Private Limited
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Credit Ratings, Litigation & Regulatory Alerts for Progress Rail Innovations Private Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Progress Rail Innovations Private Limited
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MSME Payment Delays by Progress Rail Innovations Private Limited
MSME Payment Delays by Progress Rail Innovations Private Limited
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Subsidiaries & Group Companies of Progress Rail Innovations Private Limited
Subsidiaries & Group Companies of Progress Rail Innovations Private Limited
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MCA Filings & Documents of Progress Rail Innovations Private Limited
MCA Filings & Documents of Progress Rail Innovations Private Limited
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Recent Activity on Progress Rail Innovations Private Limited
Frequently Asked Questions about Progress Rail Innovations Private Limited
Progress Rail Innovations Private Limited is an active private limited company in the automotive sector based in Delhi, Delhi, India. It was incorporated on 02 December 1996 (30+ years old) and is registered under CIN U35201DL1996PTC083567. The company has 99 employees.
Progress Rail Innovations Private Limited reported revenue of ₹95.84 Cr for FY 2025 (up 25.00% YoY).
The current directors of Progress Rail Innovations Private Limited are:
The primary industry of Progress Rail Innovations Private Limited is automotive. The company specifically operates in auto parts and components. The company is currently active in this sector.
Progress Rail Innovations Private Limited can be reached at the registered office: 800 Meridian Commercial Tower 8Th Floor Windsor Place, Delhi, Delhi, India – 110001, or through the website progressrail.com.
The authorised capital is ₹50.4 Cr, and the paid-up capital is ₹7.39 Cr.