Progressive and Innovative Development Foundation

Progressive and Innovative Development Foundation - business services in Delhi, India. FY 2026 financials & compliance.
CIN U74999DL2014NPL270471 Incorporated 14 August 2014 ROC Delhi HQ Delhi, India
Active Private Not For Profit Company business services
Data last updated
Revenue · FY 2020
₹10,600
▼ 2% YoY
Net loss · FY 2020
₹1,985
Net margin -18.7%
EBITDA · FY 2020
-₹1,985
EBITDA margin -18.7%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
12 yrs
Est. 2014
Directors on board
2
As per MCA filings
Last financials
Mar 2020
Balance sheet date

About Progressive and Innovative Development Foundation

Data last updated:

Progressive and Innovative Development Foundation is a private not for profit company based in Delhi, India. It operates in the diversified business activities segment of the business services sector. It was incorporated on 14 August 2014 and has been in existence for over 12 years.

The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74999DL2014NPL270471.

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Pulkit Jain and Vipul Jain.

Its last annual general meeting (AGM) was held on 29 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at H. No. – 136 G/F I Shop Madhu Vihar, Delhi, India – 110092.

As per the financials filed for FY 2020, the company reported a revenue of ₹10,600, a decline of 2% compared to the previous year. For the same year it recorded a net loss of ₹1,985 (net margin -18.7%) and EBITDA of -₹1,985 (EBITDA margin -18.7%). Revenue has declined at a compounded annual rate (CAGR) of 17% over three years and 29% over five years.

The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U74999DL2014NPL270471
Registration Number 270471
Incorporation Date 14 August 2014
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 December 2020
Date of Balance Sheet 31 March 2020
Compliance Status Active Compliant

Contact details

Progressive and Innovative Development Foundation's registered office is in Delhi, Delhi. Its e-mail address is in the company report.

  • Email
  • Registered Address
    H. No. – 136 G/F I Shop Madhu Vihar, Delhi, India – 110092
  • Industry
    Business Services, Miscellaneous Business Activities, Other Services

To see the full contact details of Progressive and Innovative Development Foundation, buy the company report.

Comprehensive company report
Progressive and Innovative Development Foundation - 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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Business activity

The main business activity of Progressive and Innovative Development Foundation is education. In detail, this covers primary & secondary education services.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
PEducationP1Primary & Secondary Education services

To see the full business activity and turnover split of Progressive and Innovative Development Foundation, buy the company report.

Financials of Progressive and Innovative Development Foundation

FY 2020 filings available

Progressive and Innovative Development Foundation reported revenue of ₹10,600 (down 2% YoY) for FY 2020.

Revenue · FY 2020
₹10,600 ▼ 2%
Net loss · FY 2020
₹1,985 margin -18.7%
EBITDA · FY 2020
-₹1,985 margin -18.7%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 2%
3 years · compounded
▼ 17%
5 years · compounded
▼ 29%
EBITDA CAGR growth
1 year
▲ 23%
3 years · compounded
▲ 60%
5 years · compounded
▲ 42%

Revenue has declined at a compounded annual rate (CAGR) of 29% over five years, including a 2% fall in the latest year. EBITDA rose 23% 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

MetricsFY 2019-20FY 2018-19FY 2017-18FY 2016-17FY 2015-16
Profit and Loss Statement
Revenue from Operations₹10,600
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA-₹1,985
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹1,985
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

MetricsFY 2019-20FY 2018-19FY 2017-18FY 2016-17FY 2015-16
Profitability
EBITDA Margin-18.7%
Net Profit Margin-18.7%
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 Progressive and Innovative Development Foundation, buy the company report.

Board of directors of Progressive and Innovative Development Foundation

Progressive and Innovative Development Foundation has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Pulkit JainDirector29 Dec 20205 Years 9 MonthsCurrent
Vipul JainDirector14 Aug 201412 Years 2 MonthsCurrent

Peer comparison

Progressive and Innovative Development Foundation is compared with the 10 companies closest to it by revenue in the same principal business activity (primary & secondary education services), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Eknai Subah Foundation₹11,062 (FY 2025)-61.0%Delhi, India
Visionary Builders Private Limited₹11,023 (FY 2025)-12.0%Gurugram, Haryana, India
Tulungan Donatesome Organization₹11,000 (FY 2024)61.0%Mundabar, Odisha, India
Certified Accountants Academy₹11,000 (FY 2025)5.0%New Delhi, Delhi, India
Madhyamik Shishu Shiksha Niketan₹10,614 (FY 2023)Chatra, Jharkhand, India
Progressive and Innovative Development Foundationthis company₹10,600 (FY 2020)-₹1,985-18.7%-2.0%Delhi, India
Arraafi Excellence Academy Private Limited₹10,254 (FY 2022)-68.0%Bangalore, Karnataka, India
Robo360 Technoswipe Private Limited₹10,110 (FY 2024)-86.0%Allahabad, Uttar Pradesh, India
Harshantesh Foundation₹10,060 (FY 2025)-14.0%Pune, Maharashtra, India
Fortuna Shine Education Private Limited₹10,000 (FY 2024)-95.0%Delhi, India
Priderock Education Network Private Limited₹10,000 (FY 2023)Vasco, Goa, India

To see the full peer comparison of Progressive and Innovative Development Foundation, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Progressive and Innovative Development Foundation; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

No GST registration is on our record for Progressive and Innovative Development Foundation; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Progressive and Innovative Development Foundation has 3 board changes on record since 2014: 2 appointments and 1 cessation. The latest: Kavitha Nair ceased to be Director on 02 Jan 2021.

Ceased
Kavitha Nair ceased to be Director.
AGM
Progressive And Innovative Development Foundation last Annual general meeting of members was held on 29 Dec 2020 as per latest MCA records.
Appointed
Pulkit Jain was appointed as Director.
Filing
Progressive And Innovative Development Foundation has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Delhi I.
Appointed
Vipul Jain was appointed as Director.
Incorporation
14 Aug 2014
Progressive And Innovative Development Foundation was registered on 14 Aug 2014 with Roc Delhi I & aged 12 years 2 months as per MCA records.

Frequently asked questions

Progressive and Innovative Development Foundation is an active private not for profit company based in Delhi, India. The company works in miscellaneous business activities, within the business services industry. It was incorporated on 14 August 2014 (12+ years old) and is registered under CIN U74999DL2014NPL270471.

Progressive and Innovative Development Foundation has 2 current directors:

The latest financial statements of Progressive and Innovative Development Foundation on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 29 December 2020. Year-wise statements from 2015 are in the company report.

The CIN (Corporate Identification Number) of Progressive and Innovative Development Foundation is U74999DL2014NPL270471. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Progressive and Innovative Development Foundation was incorporated on 14 August 2014, making it 12+ years old. It is registered with the Registrar of Companies, Delhi.

The peers of Progressive and Innovative Development Foundation by revenue are Eknai Subah Foundation, Visionary Builders Private Limited, Tulungan Donatesome Organization, Certified Accountants Academy, Madhyamik Shishu Shiksha Niketan and 5 more, all in the same principal business activity (primary & secondary education services).

Kavitha Nair ceased to be Director on 02 Jan 2021. Pulkit Jain was appointed as Director on 29 Dec 2020. Vipul Jain was appointed as Director on 14 Aug 2014.

The registered office of Progressive and Innovative Development Foundation is at H. No. – 136 GF I Shop Madhu Vihar, Delhi, India – 110092.

Progressive and Innovative Development Foundation operates in the business services industry, in the miscellaneous business activities segment.

The compliance status of Progressive and Innovative Development Foundation is compliant as of 27 August 2026. The company is actively filing with the Registrar of Companies.

Progressive and Innovative Development Foundation can be reached at its registered office: H. No. – 136 GF I Shop Madhu Vihar, Delhi, India – 110092.