Progressive Constructions Limited

Progressive Constructions Limited - infrastructure and utilities in Krishna, Andhra Pradesh, India. FY 2026 financials and compliance.
CIN U45200AP1981PLC038986 Incorporated 23 December 1981 ROC Vijayawada HQ Krishna, Andhra Pradesh, India
Active Public Limited Company infrastructure and utilities
Data last updated
Revenue · FY 2020
₹259.32 Cr
▲ 66.58% YoY
EBITDA · FY 2020
*****
▼ 358.14% YoY
Net profit · FY 2020
*****
▼ 166.79% YoY
Authorised capital
₹50 Cr
Registered with MCA
Paid-up capital
₹30.5 Cr
Issued & subscribed
Open charges
₹5,015.05 Cr
Satisfied ₹320.84 Cr
Company age
45 yrs
Est. 1981
Last financials
Mar 2024
Balance sheet date

About Progressive Constructions Limited

Data last updated: 09 January 2026

Progressive Constructions Limited is a public limited company based in Krishna, Andhra Pradesh, India. It specialises in general construction services, a part of the broader infrastructure and utilities sector. Incorporated on 23 December 1981, the company has been in operation for over 45 years.

Registered with ROC Vijayawada under CIN U45200AP1981PLC038986.

Capital: an authorised share capital of ₹50 Cr and a paid-up capital of ₹30.5 Cr. It is led by directors including Praveen Pathuri and Hemalatha Kavuri.

Last AGM: 30 December 2024. Financial statements filed for year ended 31 March 2024. Office: Krishna, Andhra Pradesh.

As per the financials filed for FY 2020, the company reported a revenue of ₹259.32 Cr, a growth of 66.58% compared to the previous year.

As per MCA filings, the company has open charges of ₹5,015.05 Cr and satisfied charges of ₹320.84 Cr on record.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website progressiveconstructions.com.

Company Details of Progressive Constructions Limited
CIN U45200AP1981PLC038986
Registration Number 038986
Incorporation Date 23 December 1981
ROC Vijayawada
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 December 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
Contact Details
  • Email
    *****@*****.com
  • Telephone
    +91-****-******
  • Social Media
    **************
  • Registered Address
    H No. 8 – 232 Plot No. 282 And 283 Re – Survey No. 346/1, Sithapuram Colony Poranki Village Vijayawada, Krishna, Andhra Pradesh, India – 521139
  • Industry
    Infrastructure and Utilities, General Construction Services
Company report
Progressive Constructions Limited - full intelligence report
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Financials, compliance, directors, charges, ownership and filings for Progressive Constructions Limited in one report.

10-year financials Directors & ownership Charges & compliance

CIN History of Progressive Constructions Limited

Progressive Constructions Limited has one previous CIN (Corporate Identification Number): U45200AP2002PLC038986. The current CIN is U45200AP1981PLC038986, which is the unique identifier assigned by the Registrar of Companies.

CIN Status
U45200AP1981PLC038986 Current
U45200AP2002PLC038986 Previous

Business Activity of Progressive Constructions Limited

Progressive Constructions Limited operates primarily in the construction sector. The company has 1 registered business activity segment, reflecting its diverse operational portfolio.

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
********* Construction ********* Roads, railways, Utility projects *********

Auditor Details of Progressive Constructions Limited

Progressive Constructions Limited is audited by C VENKAT KRISHNA & CO for the financial year 2020. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.

Name Status Appointment Date Cessation Date
C VENKAT KRISHNA & CO blur-value blur-value blur-value

Board of Directors of Progressive Constructions Limited

Progressive Constructions Limited is currently managed by 8 directors, with 19 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Current Directors
Name Designation Appointment Date Tenure Status
Praveen Pathuri Managing Director 28 Aug 2017 8 Years 10 Months Current
Hemalatha Kavuri Whole-Time Director 06 Feb 1992 34 Years 5 Months Current
Lakshmi Krishna Prasad Katneni Director 30 Aug 2014 11 Years 10 Months Current
Adit Arora Company Secretary 02 Mar 2020 6 Years 4 Months Current
Anne Sirisha Banu Director 07 May 2018 8 Years 2 Months Current
Vasireddy Badarinadh Director 02 May 2019 7 Years 2 Months Current
Showing 6 of 8 current directors. View all directors

Financials of Progressive Constructions Limited FY 2024 filings available

Progressive Constructions Limited reported revenue of ₹189.21 Cr (up 66.58% YoY) for FY 2020. Profit growth despite declining revenue indicates effective cost management and margin discipline.

Revenue
₹189.21 Cr ▲ 66.58%
Profit
***** ▼ -166.79%
EBITDA
***** ▼ -358.14%
Metrics
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Revenue
Revenue from Operations
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Revenue Growth %
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Other Income
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Total Revenue
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Expenses
Total Expenses
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Raw Material Cost
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Change in Inventory FG
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Change in Inventory WIP
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Purchase of Traded Goods
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Employee Cost
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Managerial Remuneration
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Audit Fees
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Insurance
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Power & Fuel
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Interest
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Depreciation
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Other Expenses
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Profitability
EBITDA (Operating Profit)
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Operating Margin %
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Exceptional Items
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Extraordinary Items
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Profit Before Exceptional & Extraordinary Items
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Profit Before Tax
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Tax & Net Profit
Tax Expense
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Current Tax
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Deferred Tax
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Profit from Discontinued Operations
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Tax on Discontinued Operations
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Profit
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Net Margin %
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Metrics
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Shareholders' Funds
Total Shareholders' Funds
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Equity Capital
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Reserves & Surplus
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Money Against Warrants
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Other Equity
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Non-Current Liabilities
Total Non-Current Liabilities
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Long-Term Borrowings
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Deferred Tax Liabilities
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Other Non-Current Liabilities
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Long-Term Provisions
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Current Liabilities
Total Current Liabilities
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Short-Term Borrowings
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Trade Payables
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Other Current Liabilities
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Short-Term Provisions
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Total Equity & Liabilities
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Non-Current Assets
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Tangible Assets
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Intangible Assets
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Capital WIP
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Intangibles Under Dev
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Investments
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Deferred Tax Assets
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LT Loans & Advances
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Other Non-Current Assets
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Current Assets
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Current Investments
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Inventories
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Trade Receivables
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Cash & Bank Balance
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Other Current Assets
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Total Assets
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Metrics
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Cash from Operating Activities (CFO)
Profit Before Tax
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Non-Cash Adjustments
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+ Interest Expense
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+ Depreciation
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+/- Unrealized Forex
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- Dividend Income
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Changes in Working Capital
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+/- Inventory
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Reconciliation Adjustments
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Cash Generated from Operations
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Income Taxes Paid
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Net CFO (Cash from Operations)
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Cash from Investing Activities (CFI)
Acquisitions & Disposals
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Disposal of Subsidiaries
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Acquisition of Subsidiaries
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Capex
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Purchase of Fixed Assets
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Sale of Fixed Assets
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Other Investing Cash Flows
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Net CFI (Cash from Investing)
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Cash from Financing Activities (CFF)
Equity Issuance
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Debt Raised
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Debt Repaid
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Dividends Paid
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Interest Paid
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Net CFF (Cash from Financing)
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Net Cash Position
Net Change in Cash (Pre-Forex)
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Closing Cash & Equivalents
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Metrics
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Liquidity
Current Ratio
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Quick Ratio
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Cash Ratio
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Efficiency
Inventory Days
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Debtor Days
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Creditor Days
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Cash Conversion Cycle
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Asset Turnover
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Profitability
Net Profit Margin %
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Operating Margin %
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ROE %
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ROCE %
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Net Worth Margin %
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Growth
Revenue Growth %
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Leverage
Equity Multiplier
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Debt / EBITDA
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Solvency
D/E Ratio
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ICR
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Consolidated Statements

Income Statement, Balance Sheet, Cash Flow & Ratios available in the full report.

Unlock Complete Financial History (FY 2015 – Latest)
Standalone & Consolidated - Income Statement, Balance Sheet, Cash Flow, Financial Ratios and Growth Trends with 10+ years of line-item data.
10+ years of data Line-item breakdown Balance Sheet detail Cash Flow analysis 20+ ratios & metrics Downloadable PDF

Shareholding Pattern of Progressive Constructions Limited

As of FY 2020, Progressive Constructions Limited's shareholding pattern shows 99.99% by promoters. The promoters hold a majority stake, indicating strong promoter control.

2025
YEAR
38.19% Promoters
25.22% DII (Domestic Institutional)
10.28% FII (Foreign Institutional)
25.89% Public
2.42% Others
Shareholding Trend
Year 2025
Promoters 33.19%
DII 23.22%
FII 18.28%
Public 22.89%
Others 2.42%

Charges & Borrowings of Progressive Constructions Limited

Open charges
₹5,015.05 Cr
Satisfied charges
₹320.84 Cr
Breakdown by lending institutions
Others₹3,892.85 Cr
Andhra Bank₹547.84 Cr
Bank of India₹171.07 Cr
Corporation Bank₹138.00 Cr
Allahabad Bank₹100.00 Cr
Others₹165.29 Cr
Latest charge details
DateLenderAmountStatus
27 Oct 2025 Others ₹2.72 Cr Open
02 Jul 2024 Hdfc Bank Limited ₹1.3 Cr Open
17 Jun 2013 Others ₹1,302.59 Cr Open
22 Jun 2011 Indusind Bank Limited ₹5.5 Cr Open
27 Apr 2011 Andhra Bank ₹310 Cr Open

Total charge records: 40 View all charges

Employees and EPFO Compliance at Progressive Constructions Limited

View historical data on people associated with Progressive Constructions Limited, including employment history and EPFO contributions.

2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026

Employee Count & EPFO Data of Progressive Constructions Limited

Access employee headcount trends, monthly PF payment records, EPFO establishment details, and compliance data.

Monthly employee headcount & PF contributions
EPFO establishment details & ECR filing status
Year-wise workforce analytics & attrition trends
PF exemption, coverage & compliance verification

GST Compliance of Progressive Constructions Limited

XX%
Compliant
GSTR-1
GSTR-3B
GSTR-9
MH
KA
UP
TN
TS

GSTIN & GST Filing Data of Progressive Constructions Limited

Access GSTIN registrations, state-wise filing compliance, HSN/SAC codes, and detailed goods & services data.

GSTIN registrations & state-wise presence
Filing compliance - GSTR-1, GSTR-3B, GSTR-9
HSN/SAC codes with goods & services details
Taxpayer type, jurisdiction & business constitution

Credit Ratings, Litigation & Regulatory Alerts for Progressive Constructions Limited

Credit rating
AAA
AA+
AA
AA-
! !
2015 2017 2019 2021 2023
Litigation
District Court 35
High Court 45
Supreme Court 0
NCLT / NCLAT 0
Pending
Disposed
Regulatory alerts
GSTIN Cancelled
Andhra Pradesh
GSTIN Cancelled
Telangana (on application)
EPFO Delay
12 months delay - Haryana
Violations via Directors
20 MCA + 19 Bank defaults

Credit Ratings, Legal Cases & Regulatory Alerts of Progressive Constructions Limited

Access complete credit rating history, litigation records, regulatory alerts, and compliance data.

Credit rating history across CARE, ICRA, Brickwork & India Ratings
Instrument-wise ratings, outlook & action timeline
Court-wise litigation (District, High Court, Supreme Court, NCLT)
Group company & common directorship litigation
Statutory compliance alerts (GSTIN, EPFO, ROC)
Director & company violations (MCA, SEBI, Banks, BSE/NSE)

MSME Payment Delays by Progressive Constructions Limited

MSME Payment Delays by Progressive Constructions Limited

Track payments outstanding to micro and small enterprise vendors, as disclosed in half-yearly MSME-1 returns filed with the MCA.

Amounts outstanding to MSME suppliers
Delay periods & reasons for delayed payments
Half-yearly MSME-1 filing history
Vendor-payment behaviour as a counterparty risk signal

Subsidiaries & Group Companies of Progressive Constructions Limited

Subsidiaries & Group Companies of Progressive Constructions Limited

See the full corporate group - holding company, subsidiaries, associates and joint ventures of Progressive Constructions Limited with ownership details.

Holding & parent company details
Subsidiaries & step-down subsidiaries with % holding
Associates & joint ventures with partner details
Investments in other entities year-on-year

MCA Filings & Documents of Progressive Constructions Limited

MCA Filings & Documents of Progressive Constructions Limited

Download official documents filed with the Ministry of Corporate Affairs - from incorporation papers to the latest annual filings.

Incorporation documents, MoA & AoA
Annual returns (MGT-7) & financial statements (AOC-4)
Charge filings (CHG-1, CHG-4) & resolutions
Complete document index with filing dates

Recent Activity on Progressive Constructions Limited

Charges
27 Oct 2025
A charge with Others amounted to Rs. 2.72 Cr with Charge ID 101179844 was registered on 27 Oct 2025.
Activity
30 Dec 2024
Progressive Constructions Limited last Annual general meeting of members was held on 30 Dec 2024 as per latest MCA records.
Charges
02 Jul 2024
A charge with Hdfc Bank Limited amounted to Rs. 1.30 Cr with Charge ID 100970722 was registered on 02 Jul 2024.
Activity
31 Mar 2024
Progressive Constructions Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Vijayawada.
Charges
29 Dec 2022
A charge registered on 11 Nov 2008 via Charge ID 10140330 with Others was fully satisfied on 29 Dec 2022.
Charges
10 Jun 2022
A charge registered on 08 Dec 2006 via Charge ID 10028045 with Export - Import Bank Of India was fully satisfied on 10 Jun 2022.

Frequently Asked Questions about Progressive Constructions Limited

Progressive Constructions Limited is an active public limited company in the infrastructure and utilities sector based in Krishna, Andhra Pradesh, India. It was incorporated on 23 December 1981 (45+ years old) and is registered under CIN U45200AP1981PLC038986.

Progressive Constructions Limited reported revenue of ₹259.32 Cr for FY 2020 (up 66.58% YoY).

The primary industry of Progressive Constructions Limited is infrastructure and utilities. The company specifically operates in general construction services. The company is currently active in this sector.

Progressive Constructions Limited can be reached at the registered office: H No. 8 – 232 Plot No. 282 And 283 Re – Survey No. 3461, Sithapuram Colony Poranki Village Vijayawada, Krishna, Andhra Pradesh, India – 521139, or through the website progressiveconstructions.com.

The authorised capital is ₹50 Cr, and the paid-up capital is ₹30.5 Cr.

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