Progress Source Kuries India Private Limited
About Progress Source Kuries India Private Limited
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Progress Source Kuries India Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the financial intermediation and lending segment of the financial services sector. It was incorporated on 22 June 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U65999PN2016PTC165127.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Bhavana Suraj Bhosle and Pravin Ramesh Bhosle.
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 A/8 Vinod Residency S.No. 118 H.No. 2528 Sutarwadi Road Pashan, Pune, Maharashtra, India – 411021.
As per the financials filed for FY 2019, the company reported a revenue of ₹11.73 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹20,811 (net margin 1.8%) and EBITDA of ₹61,641 (EBITDA margin 5.3%).
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressA/8 Vinod Residency S.No. 118 H.No. 2528 Sutarwadi Road Pashan, Pune, Maharashtra, India – 411021
- IndustryFinancial Services, Other Financial Intermediation
- 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 Source Kuries India Private Limited
The main business activity of Progress Source Kuries India is financial and insurance service. In detail, this covers other financial activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities | 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.
Board of Directors of Progress Source Kuries India Private Limited
Progress Source Kuries India has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhavana Suraj Bhosle | Director | 05 Jul 2018 | 8 Years 3 Months | Current |
| Pravin Ramesh Bhosle | Director | 13 Apr 2019 | 7 Years 5 Months | Current |
Financials of Progress Source Kuries India Private Limited FY 2019 filings available
Progress Source Kuries India Private Limited reported revenue of ₹11.73 Lakh (up 7717% YoY) for FY 2019.
Financial Statement Summary of Progress Source Kuries India Private Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|
| 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 | ₹61,641 | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | ₹20,811 | •••• | •••• |
| 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 Source Kuries India Private Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 5.3% | •••• | •••• |
| Net Profit Margin | 1.8% | •••• | •••• |
| 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 Source Kuries India are in the company report.
Financial statements from FY 2017
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.
Charges & Borrowings of Progress Source Kuries India Private Limited
Progress Source Kuries India Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Progress Source Kuries India Private Limited
Employment history and EPFO contributions of people linked to Progress Source Kuries India.
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.
GST Compliance of Progress Source Kuries India Private Limited
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.
Credit Ratings, Litigation & Regulatory Alerts for Progress Source Kuries India 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 Source Kuries India 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 Source Kuries India 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.
MCA Filings & Documents of Progress Source Kuries India 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.
Recent Activity on Progress Source Kuries India Private Limited
Frequently Asked Questions about Progress Source Kuries India Private Limited
Progress Source Kuries India is an active private limited company based in Pune, Maharashtra, India. The company works in other financial intermediation, within the financial services industry. It was incorporated on 22 June 2016 (10+ years old) and is registered under CIN U65999PN2016PTC165127.
Progress Source Kuries India reported revenue of ₹11.73 Lakh for FY 2019 (up 7717% YoY).
Progress Source Kuries India has 2 current directors:
- Bhavana Suraj Bhosle - Director
- Pravin Ramesh Bhosle - Director
Progress Source Kuries India reported a net profit of ₹20,811 (net margin 1.8%) and EBITDA of ₹61,641 (EBITDA margin 5.3%) for FY 2019, as per its filed financial statements.
The CIN (Corporate Identification Number) of Progress Source Kuries India is U65999PN2016PTC165127. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Progress Source Kuries India was incorporated on 22 June 2016, making it 10+ years old. It is registered with the Registrar of Companies, Pune.
The registered office of Progress Source Kuries India is at A8 Vinod Residency S.No. 118 H.No. 2528 Sutarwadi Road Pashan, Pune, Maharashtra, India – 411021.
Progress Source Kuries India has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.
Progress Source Kuries India operates in the financial services industry, in the other financial intermediation segment.