Progressive Components Private Limited
About Progressive Components Private Limited
Data last updated:
Progressive Components Private Limited is a private limited company based in Agra, Uttar Pradesh, India. It operates in the footwear retail and distribution segment of the consumer goods sector. It was incorporated on 27 April 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U19201UP1993PTC015332. Its GSTIN is 09AACCP4483F1ZA (Uttar Pradesh).
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹20 Lakh. It is led by directors including Lalit Kumar Mittal and Dilip Kumar Mittal.
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 C – 10 Site – B Industrial Area Sikandra, Agra, Uttar Pradesh, India – 282007.
As per the financials filed for FY 2025, the company reported a revenue of ₹6.88 Cr, a growth of 40% compared to the previous year. For the same year it recorded a net profit of ₹1.62 Lakh (net margin 0.2%) and EBITDA of ₹40.28 Lakh (EBITDA margin 5.9%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 12% over five years.
The company has about 4 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹6.27 Cr and satisfied charges of ₹2 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressC – 10 Site – B Industrial Area Sikandra, Agra, Uttar Pradesh, India – 282007
- IndustryConsumer Goods, Footwear Retail & Distribution
- 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 Progressive Components Private Limited
The main business activity of Progressive Components is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | 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.
Financials of Progressive Components Private Limited FY 2025 filings available
Progressive Components Private Limited reported revenue of ₹6.88 Cr (up 40% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Progressive Components Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 12% over five years, including 40% growth in the latest year. EBITDA rose 73% 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 of Progressive Components Private Limited
| 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 | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹40.28 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.62 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 of Progressive Components Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.2% | •••• | •••• | •••• | •••• |
| 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 Progressive Components are in the company report.
Financial statements from 2015
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.
Peer Comparison of Progressive Components Private Limited
Progressive Components Private Limited is compared with the companies closest to it by revenue in the Consumer Products industry (Footwear Manufacturers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Helixo Footwear Private Limited | ₹7.09 Cr (FY 2025) | •••• | •••• | -64.0% | •••• | Kozhikode, Kerala, India |
| Dhruv Footwear Private Limited | ₹7.09 Cr (FY 2022) | •••• | •••• | 71.0% | •••• | Delhi, India |
| Super Shoes Limited | ₹7.07 Cr (FY 2025) | •••• | •••• | -27.0% | •••• | Kanpur, Uttar Pradesh, India |
| Jasch Shoes India Private Limited | ₹7.01 Cr (FY 2025) | •••• | •••• | -7.0% | •••• | Paonta Sahib, Himachal Pradesh, India |
| Royal Eva Products Private Limited | ₹7 Cr (FY 2025) | •••• | •••• | 11.0% | •••• | New Delhi, Delhi, India |
| Progressive Components Private Limited this company | ₹6.88 Cr (FY 2025) | •••• | •••• | 40.0% | •••• | Agra, Uttar Pradesh, India |
| Kalyani Enterprises Private Limited | ₹6.88 Cr (FY 2025) | •••• | •••• | 2200.0% | •••• | New Delhi, Delhi, India |
| Lajawaab Shoes Private Limited | ₹6.84 Cr (FY 2025) | •••• | •••• | 26.0% | •••• | Bahadurgarh, Haryana, India |
| Sunny Footwears Private Limited | ₹6.77 Cr (FY 2025) | •••• | •••• | 31.0% | •••• | Ne Delhi, Delhi, India |
| Azomo India Private Limited | ₹6.71 Cr (FY 2024) | •••• | •••• | 488.0% | •••• | Kanpur, Uttar Pradesh, India |
| Airysole Footwear Private Limited | ₹6.7 Cr (FY 2024) | •••• | •••• | -46.0% | •••• | Kanpur, Uttar Pradesh, India |
Peers are the five companies nearest above and the five nearest below Progressive Components by revenue in the Consumer Products industry (Footwear Manufacturers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Progressive Components Private Limited
Progressive Components Private Limited is audited by Garima & Co. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Garima & Co. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Progressive Components Private Limited
Progressive Components has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Lalit Kumar Mittal | Director | 27 Apr 1993 | 33 Years 5 Months | Current |
| Dilip Kumar Mittal Also directs: Cadilac Tradelinks Private Limited | Director | 27 Apr 1993 | 33 Years 5 Months | Current |
| Taruna Agrawal | Additional Director | 30 Mar 2015 | 11 Years 6 Months | Current |
| Abhishek Mittal Also directs: Cadilac Tradelinks Private Limited | Director | 10 Feb 2025 | 1 Years 8 Months | Current |
Ownership and Shareholding of Progressive Components Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Progressive Components Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 Sep 2025 | Others | ₹22 Lakh | Open |
| 13 Mar 2024 | Others | ₹1.78 Cr | Open |
| 06 Nov 2023 | Others | ₹13.5 Lakh | Open |
| 25 Aug 2023 | Others | ₹47 Lakh | Open |
| 28 Dec 2021 | Others | ₹40 Lakh | Open |
Total charge records: 22 View all charges
Legal Cases of Progressive Components Private Limited
Progressive Components Private Limited has 2 court cases on record: 2 filed by Progressive Components. All cases are disposed. Status as checked between 01 Oct 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Allahabad High Court | Writ petition | Filed by the company against an individual | Disposed |
| Allahabad High Court | Writ petition | Filed by the company against an individual | Disposed |
Full case history
All 2 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Progressive Components Private Limited
Progressive Components Private Limited has a workforce of 4 employees as of Oct 08, 2025.
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.
Recent Activity on Progressive Components Private Limited
Progressive Components Private Limited has 12 board changes on record since 1993: 8 appointments and 4 cessations. The latest: Abhishek Mittal was appointed as Director on 10 Feb 2025.
46 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Progressive Components 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 Progressive Components 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 Progressive Components 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.
GST Compliance of Progressive Components Private Limited
Progressive Components has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AACCP4483F1ZA | Uttar Pradesh | Active | 01 Jul 2017 |
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.
MCA Filings & Documents of Progressive Components 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.
Frequently Asked Questions about Progressive Components Private Limited
Progressive Components is an active private limited company based in Agra, Uttar Pradesh, India. The company works in footwear retail and distribution, within the consumer goods industry. It was incorporated on 27 April 1993 (33+ years old) and is registered under CIN U19201UP1993PTC015332.
Progressive Components reported revenue of ₹6.88 Cr for FY 2025 (up 40% YoY).
Progressive Components has 4 current directors:
- Lalit Kumar Mittal - Director
- Dilip Kumar Mittal - Director
- Taruna Agrawal - Additional Director
- Abhishek Mittal - Director
Progressive Components reported a net profit of ₹1.62 Lakh (net margin 0.2%) and EBITDA of ₹40.28 Lakh (EBITDA margin 5.9%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Progressive Components is 7% over three years and 12% over five years. In the latest year (FY 2025) revenue rose 40%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Progressive Components is 09AACCP4483F1ZA, registered in Uttar Pradesh.
The CIN (Corporate Identification Number) of Progressive Components is U19201UP1993PTC015332. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Progressive Components has 2 court cases on record: 2 filed by the company.
Progressive Components was incorporated on 27 April 1993, making it 33+ years old. It is registered with the Registrar of Companies, Kanpur.
The peers of Progressive Components by revenue are Helixo Footwear Private Limited, Dhruv Footwear Private Limited, Super Shoes Limited, Jasch Shoes India Private Limited, Royal Eva Products Private Limited and 5 more, all in the Consumer Products industry (Footwear Manufacturers).
Abhishek Mittal was appointed as Director on 10 Feb 2025. Sanjay Agarwal ceased to be Director on 13 Dec 2021. Shashi Agarwal ceased to be Additional Director on 13 Dec 2021. Progressive Components has 12 board changes on record in total.