
Progressive and Innovative Development Foundation
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
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 AddressH. No. – 136 G/F I Shop Madhu Vihar, Delhi, India – 110092
- IndustryBusiness Services, Miscellaneous Business Activities, Other Services
To see the full contact details of Progressive and Innovative Development Foundation, buy the company report.
- 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
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 code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| P | Education | P1 | Primary & 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 availableProgressive and Innovative Development Foundation reported revenue of ₹10,600 (down 2% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
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
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 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
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 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.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pulkit Jain | Director | 29 Dec 2020 | 5 Years 9 Months | Current |
| Vipul Jain Also directs: Orchestra Telecom Services Private Limited | Director | 14 Aug 2014 | 12 Years 2 Months | Current |
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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| 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.
Legal cases
No court or tribunal cases involving Progressive and Innovative Development Foundation are on our record; a case search with case numbers, parties and status is in the company report 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.
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:
- Pulkit Jain - Director
- Vipul Jain - Director
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.