Progressive Castings Private Limited

Progressive Castings Private Limited - manufacturing in Nagpur, Maharashtra, India. FY 2026 financials & compliance.
CIN U74899MH1994PTC193861 Incorporated 28 September 1994 ROC Nagpur HQ Nagpur, Maharashtra, India
Active Private Limited Company manufacturing
Data last updated
Revenue · FY 2025
₹24.28 Lakh
▲ 502% YoY
Net profit · FY 2025
₹18.45 Lakh
Net margin 76%
EBITDA · FY 2025
₹19.49 Lakh
EBITDA margin 80.3%
Authorised capital
₹58 Lakh
Registered with MCA
Paid-up capital
₹31.32 Lakh
Issued & subscribed
Satisfied charges
₹49.43 Lakh
No open charges
Company age
32 yrs
Est. 1994
Directors on board
2
As per MCA filings

About Progressive Castings Private Limited

Data last updated:

Progressive Castings Private Limited is a private limited company based in Nagpur, Maharashtra, India. It operates in the die casting and metal forming segment of the manufacturing sector. It was incorporated on 28 September 1994 and has been in existence for over 32 years.

The company is registered with the Registrar of Companies (ROC), Nagpur, under CIN U74899MH1994PTC193861. The company has 2 GST registrations on record, none of which is active.

The company has an authorised share capital of ₹58 Lakh and a paid-up capital of ₹31.32 Lakh. It is led by directors Kavita Sanjay Agrawal and Saket Raman Bhattad.

Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 9 Imambada Road, Nagpur, Maharashtra, India – 440018.

As per the financials filed for FY 2025, the company reported a revenue of ₹24.28 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹18.45 Lakh (net margin 76%) and EBITDA of ₹19.49 Lakh (EBITDA margin 80.3%). Revenue has grown at a compounded annual rate (CAGR) of 80% over three years and 50% over five years.

As per MCA filings, the company has satisfied charges of ₹49.43 Lakh on record.

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

Company details

CIN U74899MH1994PTC193861
Registration Number 193861
Incorporation Date 28 September 1994
ROC Nagpur
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant

CIN history

Progressive Castings has one previous CIN (Corporate Identification Number): U74899DL1994PTC061812. The current CIN is U74899MH1994PTC193861, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U74899MH1994PTC193861Current
U74899DL1994PTC061812Previous

Contact details

Progressive Castings Private Limited's registered office is in Nagpur, Maharashtra. Its e-mail address is in the company report.

  • Email
  • Registered Address
    9 Imambada Road, Nagpur, Maharashtra, India – 440018
  • Industry
    Manufacturing, Die Casting & Metal Forming

To see the full contact details of Progressive Castings Private Limited, buy the company report.

Comprehensive company report
Progressive Castings 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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Business activity

The main business activity of Progressive Castings is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers retail trade, except of motor vehicles and motorcycles.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GWholesale and retail trade; repair of motor vehicles and motorcycles47Retail trade, except of motor vehicles and motorcycles

To see the full business activity and turnover split of Progressive Castings Private Limited, buy the company report.

Financials of Progressive Castings Private Limited

FY 2025 filings available

Progressive Castings Private Limited reported revenue of ₹24.28 Lakh (up 502% YoY) for FY 2025.

Revenue · FY 2025
₹24.28 Lakh ▲ 502%
Net profit · FY 2025
₹18.45 Lakh margin 76%
EBITDA · FY 2025
₹19.49 Lakh margin 80.3%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 502%
3 years · compounded
▲ 80%
5 years · compounded
▲ 50%
EBITDA CAGR growth
3 years · compounded
▲ 187%
5 years · compounded
▲ 112%

Revenue has grown at a compounded annual rate (CAGR) of 50% over five years, including 502% growth 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 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
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₹19.49 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹18.45 Lakh
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 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin80.3%
Net Profit Margin76%
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 Castings Private Limited, buy the company report.

Board of directors of Progressive Castings Private Limited

Progressive Castings has 2 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Kavita Sanjay AgrawalAdditional Director09 Jan 20251 Years 9 MonthsCurrent
Saket Raman BhattadAdditional Director09 Jan 20251 Years 9 MonthsCurrent

Auditor

Progressive Castings Private Limited is audited by AGRAWAL SINGHVI & CO for the financial year 2020.

Auditor firmFinancial yearFirm registration number
AGRAWAL SINGHVI & COFY 2020125736W

Shareholding

The shareholding of Progressive Castings Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2020FY 2017FY 2016FY 2015
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Progressive Castings Private Limited, buy the company report.

Charges & borrowings

Open charges
None
Satisfied charges
₹49.43 Lakh
Breakdown by lending institutions
Canara Bank₹0.49 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
31 Dec 199590060821Canara Bank₹44.43 LakhSatisfied
17 Feb 199590060596Canara Bank₹5 LakhSatisfied

To see the full charge records of Progressive Castings Private Limited, buy the company report.

Total charge records: 2 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Progressive Castings Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Progressive Castings has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.

Total GSTINs
2
Cancelled / inactive
2

To see the full GST registrations and return filing status of Progressive Castings Private Limited, buy the company report.

Recent activity

Progressive Castings Private Limited has 11 board changes on record since 2008: 2 appointments and 9 cessations. The latest: Kavita Sanjay Agrawal was appointed as Additional Director on 09 Jan 2025.

AGM
Progressive Castings Private Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Filing
Progressive Castings Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Nagpur.
Appointed
Kavita Sanjay Agrawal was appointed as Additional Director.
Appointed
Saket Raman Bhattad was appointed as Additional Director.
Charges
A charge registered on 31 Dec 1995 via Charge ID 90060821 with Canara Bank was fully satisfied on 21 Mar 2017.
Charges
A charge registered on 17 Feb 1995 via Charge ID 90060596 with Canara Bank was fully satisfied on 21 Mar 2017.
Ceased
Divyam Sanjay Agrawal ceased to be Additional Director.
Ceased
Shreyansh Yatin Mehta ceased to be Director.
Ceased
Saurabh Sanjay Agrawal ceased to be Additional Director.
Ceased
Bhanwarlal Ramkishan Thanvi ceased to be Director.
Ceased
Ajay Puranlal Agrawal ceased to be Director.
Ceased
Sanjay Agrawal Puranlal ceased to be Director.

7 earlier events are in the company report.

Frequently asked questions

Progressive Castings is an active private limited company based in Nagpur, Maharashtra, India. The company works in die casting and metal forming, within the manufacturing industry. It was incorporated on 28 September 1994 (32+ years old) and is registered under CIN U74899MH1994PTC193861.

Progressive Castings has 2 current directors:

The latest financial statements of Progressive Castings on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.

No. Progressive Castings has 2 GST registrations on record and all of them are cancelled or inactive.

The CIN (Corporate Identification Number) of Progressive Castings is U74899MH1994PTC193861. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Progressive Castings was incorporated on 28 September 1994, making it 32+ years old. It is registered with the Registrar of Companies, Nagpur.

Kavita Sanjay Agrawal was appointed as Additional Director on 09 Jan 2025. Saket Raman Bhattad was appointed as Additional Director on 09 Jan 2025. Divyam Sanjay Agrawal ceased to be Additional Director on 01 Mar 2017. Progressive Castings has 11 board changes on record in total.

The registered office of Progressive Castings is at 9 Imambada Road, Nagpur, Maharashtra, India – 440018.

Progressive Castings operates in the manufacturing industry, in the die casting and metal forming segment.

Progressive Castings has no open charges and satisfied charges of ₹49.43 Lakh as per latest MCA filings.