MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-HR-05-0002769
Progression Infonet Private Limited - information technology in New Delhi, Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹178.74 Cr
▲ 34% YoY
Net profit · FY 2025
₹6.5 Cr
Net margin 3.6%
EBITDA · FY 2025
₹12.14 Cr
EBITDA margin 6.8%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹2.1 Cr
Issued & subscribed
Open charges
₹45.61 Cr
Satisfied ₹27.16 Cr
Company age
31 yrs
Est. 1995
Employees · EPFO
231
Provident fund records
About Progression Infonet Private Limited
Data last updated:
Progression Infonet Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the IT products retail and distribution segment of the technology and IT services sector. It was incorporated on 22 September 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1995PTC072638. Its GSTIN is 07AACCP3460G2ZK (Delhi). The company holds 7 GST registrations, of which 6 are active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹2.1 Cr. It was formerly known as Progression Service India Private Limited. It is led by directors including Jai Bhagwan Hooda (Whole-Time Director) and Sarthak Hooda.
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 6/41 209 2nd Floor Sunder Kiran Building, Wea Karol Bagh, New Delhi, Delhi, India – 110005.
As per the financials filed for FY 2025, the company reported a revenue of ₹178.74 Cr, a growth of 34% compared to the previous year. For the same year it recorded a net profit of ₹6.5 Cr (net margin 3.6%) and EBITDA of ₹12.14 Cr (EBITDA margin 6.8%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years and 20% over five years.
The company has about 231 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹45.61 Cr and satisfied charges of ₹27.16 Cr on record. Court records list 5 cases involving the company, including 3 filed by the company and 2 filed against it. The company has 3 deals on record (3 secondary share transfers); the latest was in March 2024. The company has 1 MSME Form 1 return on record for the period ending Sep 2019, listing 1 overdue payment to 1 micro and small supplier.
Progression Infonet Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-HR-05-0002769). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website progression.com.
Company details
CIN U74899DL1995PTC072638
Registration Number 072638
Incorporation Date 22 September 1995
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-HR-05-0002769
Recognitions & Rankings of Progression Infonet
Contact details
Progression Infonet Private Limited's registered office is in New Delhi, Delhi. Its website is progression.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address6/41 209 2nd Floor Sunder Kiran Building, Wea Karol Bagh, New Delhi, Delhi, India – 110005
- IndustryInformation Technology, IT Products Retail & Distribution, IT Infrastructure Management & Services
To see the full contact details of Progression Infonet Private Limited, buy the company report.
Comprehensive company report
Progression Infonet Private Limited - one report that includes everything
- 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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Secure checkout · GST invoice included
Business activity
The main business activity of Progression Infonet is information and communication. In detail, this covers other information & communication service activities and data processing, hosting and related activities; web portal. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities | |
| J | Information and communication | J7 | Data processing, hosting and related activities; web portal |
To see the full business activity and turnover split of Progression Infonet Private Limited, buy the company report.
Financials of Progression Infonet Private Limited
FY 2025 filings availableProgression Infonet Private Limited reported revenue of ₹178.74 Cr (up 34% YoY) for FY 2025.
Revenue · FY 2025
₹178.74 Cr ▲ 34%
Net profit · FY 2025
₹6.5 Cr margin 3.6%
EBITDA · FY 2025
₹12.14 Cr margin 6.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 34%
3 years · compounded
▲ 19%
5 years · compounded
▲ 20%
EBITDA CAGR growth
1 year
▲ 69%
3 years · compounded
▲ 13%
5 years · compounded
▲ 10%
Revenue has grown at a compounded annual rate (CAGR) of 20% over five years, including 34% growth in the latest year. EBITDA rose 69% 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 | ₹178.74 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹12.14 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹6.5 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 | 6.8% | ||||
| Net Profit Margin | 3.6% | ||||
| 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 Progression Infonet Private Limited, buy the company report.
Board of directors of Progression Infonet Private Limited
Progression Infonet has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jai Bhagwan Hooda | Whole-Time Director | 22 Sep 1995 | 31 Years 1 Months | Current |
| Sarthak Hooda Also directs: Neon Cloud Private Limited | Director | 06 Mar 2024 | 2 Years 7 Months | Current |
| Param Hooda Also directs: Neon Cloud Private Limited | Director | 06 Mar 2024 | 2 Years 7 Months | Current |
Auditor
Progression Infonet Private Limited is audited by S.N.Dhawan & Co. LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.N.Dhawan & Co. LLP | FY 2023 | 000050N/N500045 |
Shareholding
The shareholding of Progression Infonet Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Progression Infonet Private Limited, buy the company report.
Charges & borrowings
Open charges
₹45.61 Cr
Satisfied charges
₹27.16 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Dec 2025 | 101202925 | Others | ₹1.5 Cr | Open | |
| 15 Dec 2025 | 101202932 | Others | ₹3 Cr | Open | |
| 19 Nov 2024 | 101014773 | Others | ₹17 Lakh | Open | |
| 30 Oct 2024 | 101001381 | Others | ₹2.5 Cr | Open | |
| 29 Mar 2024 | 100946752 | Others | ₹42.05 Lakh | Open |
To see the full charge records of Progression Infonet Private Limited, buy the company report.
Total charge records: 19 View all charges
Deals & funding
Progression Infonet Private Limited has 3 deals on record (3 secondary share transfers); the latest was in March 2024.
Total deals
3
Secondary share transfers
3
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2024 | Secondary share transfer | Undisclosed | Seller: an individual |
| Mar 2024 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Mar 2024 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Progression Infonet Private Limited has 5 court cases on record: 3 filed by Progression Infonet, 2 filed against it. All cases are disposed.
Total cases
5
Filed by the company
3
Filed against the company
2
Disposed
5
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 2 | 0 |
| High courts | 2 | 0 | 0 |
Cases on record (4 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed by the company against Gromax Infonet Ltd. | Disposed |
| District court, Gurugram, Haryana | Court case (COMI) | Filed against the company by an individual | Disposed |
| District court, Gurugram, Haryana | Civil suit | Filed against the company by an individual | Disposed |
| High Court of Delhi | Writ petition | Filed by the company against Commissioner of Vat & Anr. | Disposed |
To see the full case history of Progression Infonet Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Progression Infonet Private Limited has 1 MSME Form 1 return on record for the period ending Sep 2019, listing 1 overdue payment to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Shreepati Computech Private Limited |
To see the full MSME payment records of Progression Infonet Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Progression Infonet Private Limited has a workforce of 231 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
Employee count
231
Active EPFO establishments
1
Employee growth
18.46%
GST
Progression Infonet has 7 GST registrations: 6 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
7
Active
6
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AACCP3460G2ZK | Delhi | Active | 01 Jul 2017 |
| 06AACCP3460G1ZN | Haryana | Active | 01 Jul 2017 |
| 09AACCP3460G1ZH | Uttar Pradesh | Active | 01 Jul 2017 |
| 24AACCP3460G1ZP | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Progression Infonet Private Limited, buy the company report.
Recent activity
Progression Infonet Private Limited has 7 board changes on record since 1995: 3 appointments and 4 cessations. The latest: Anita Hooda ceased to be Additional Director on 30 Sep 2025.
Charges
A charge with Others amounted to Rs. 1.50 Cr with Charge ID 101202925 was registered on 15 Dec 2025.
Charges
A charge with Others amounted to Rs. 3.00 Cr with Charge ID 101202932 was registered on 15 Dec 2025.
AGM
Progression Infonet Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Ceased
Anita Hooda ceased to be Additional Director.
Filing
Progression Infonet Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi Ii.
Charges
A charge with Others amounted to Rs. 0.17 Cr with Charge ID 101014773 was registered on 19 Nov 2024.
Ceased
Param Hooda ceased to be Additional Director.
Ceased
Sarthak Hooda ceased to be Additional Director.
Charges
A charge with Others amounted to Rs. 2.50 Cr with Charge ID 101001381 was registered on 30 Oct 2024.
Charges
A charge with Others of Rs. 25.90 Cr registered on 25 Nov 2019 with Charge ID 100304821 was modified on 30 Oct 2024.
Charges
A charge with Others amounted to Rs. 0.42 Cr with Charge ID 100946752 was registered on 29 Mar 2024.
Charges
A charge with Others amounted to Rs. 0.72 Cr with Charge ID 100946797 was registered on 29 Mar 2024.
29 earlier events are in the company report.
Frequently asked questions
Progression Infonet is an active private limited company based in New Delhi, Delhi, India. The company works in IT products retail and distribution, within the information technology industry. It was incorporated on 22 September 1995 (31+ years old) and is registered under CIN U74899DL1995PTC072638.
Progression Infonet has 3 current directors:
- Jai Bhagwan Hooda - Whole-Time Director
- Sarthak Hooda - Director
- Param Hooda - Director
The latest financial statements of Progression Infonet 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 Progression Infonet is 07AACCP3460G2ZK, registered in Delhi. The company has 7 GST registrations in all, of which 6 are active and 1 is cancelled or inactive. Other active GSTINs include 06AACCP3460G1ZN (Haryana), 09AACCP3460G1ZH (Uttar Pradesh), 24AACCP3460G1ZP (Gujarat).
The CIN (Corporate Identification Number) of Progression Infonet is U74899DL1995PTC072638. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Progression Infonet has 5 court cases on record: 3 filed by the company and 2 filed against it. Most are in the district courts.
Progression Infonet was incorporated on 22 September 1995, making it 31+ years old. It is registered with the Registrar of Companies, Delhi.
Progression Infonet has 3 deals on record (3 secondary share transfers); the latest was in March 2024.
Anita Hooda ceased to be Additional Director on 30 Sep 2025. Param Hooda ceased to be Additional Director on 03 Nov 2024. Sarthak Hooda ceased to be Additional Director on 03 Nov 2024. Progression Infonet has 7 board changes on record in total.
Yes, Progression Infonet is registered as a medium enterprise under Udyam registration (number: UDYAM-HR-05-0002769).
Progression Infonet has 1 MSME Form 1 return on record for the period ending Sep 2019, listing 1 overdue payment to 1 micro and small supplier. The latest return was filed on 17 Nov 2019.