Progressive Constructions Limited - Company Profile

It is a infrastructure and utilities public limited company based in Krishna, Andhra Pradesh, India, established in 1981.
1981 Krishna, Andhra Pradesh, India Active
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About Progressive Constructions Limited

Progressive Constructions Limited, a active public limited company, was established on 23 December 1981 in Krishna, Andhra Pradesh, India. Engaging in general construction services within the construction sector, it holds CIN: U45200AP1981PLC038986. Registered under ROC Roc Vijayawada. it is unlisted. It has an authorized capital of ₹50.00 Cr and a paid-up capital of ₹30.50 Cr.

It upholds a compliant status. Its leadership includes Praveen Pathuri (Managing Director), Hemalatha Kavuri (Whole-Time Director), Lakshmi Krishna Prasad Katneni (Director). Past directors included Praveen Pathuri, Ancha Seshagiri Rao, Pandu Ranga Rao Illipila. It holds ₹5,015.05 Cr open charges and ₹320.84 Cr settled loans. Its latest AGM occurred on 30 December 2024, with the balance sheet filed on 31 March 2024. It is based at H No. 8-232, Plot No. 282 And 283, Re-Survey No. 346/1, Sithapuram Colony, Poranki Village, Vijayawada, Krishna, Andhra Pradesh, 521139.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U45200AP1981PLC038986

  • Registration Number

    038986

  • Incorporation Date

    23 December 1981

  • Authorized Capital

    ₹50.00 Cr

  • Paid-Up Capital

    ₹30.50 Cr

  • ROC Code

    Roc Vijayawada

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 50.00 Cr
  • Paid Up Capital ₹ 30.50 Cr
  • Company Age 44 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 5,015.05 Cr
  • Satisfied Charges ₹ 320.84 Cr
  • Revenue Growth **** 66.58%
  • Profit Growth **** -166.79%
  • Ebitda **** -358.14%
  • Net Worth -38.06%
  • Total Assets -10.42%
Company report

Progressive Constructions Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Progressive Constructions Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Progressive Constructions Limited?
Current Directors
Name Designation Appointment Date Status
Praveen Pathuri Managing Director 28 Aug 2017 Current
Hemalatha Kavuri Whole-Time Director 06 Feb 1992 Current
Lakshmi Krishna Prasad Katneni Director 30 Aug 2014 Current
Adit Arora Company Secretary 02 Mar 2020 Current
Anne Sirisha Banu Director 07 May 2018 Current
Vasireddy Badarinadh Director 02 May 2019 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director Appointed In Casual Vacancy 25 Feb 2020 Past
Pramod Abcsdd Director 17 Jun 2017 Past
Pramod Abcsdd Director 03 Aug 2017 Past
Pramod Abcsdd Managing Director 24 Mar 2010 Past
Pramod Abcsdd Cfo(Kmp) - Past
Pramod Abcsdd Director 01 Oct 2009 Past

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Financial Performance of Progressive Constructions.

Progressive Constructions Limited, for the financial year ended 2020, experienced significant growth in revenue, with a 66.58% increase. The company also saw a substantial fall in profitability, with a 166.79% decrease in profit. The company's net worth observed a substantial decline by a decrease of 38.06%.

Progressive Constructions revenue growth over time
Progressive Constructions profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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 66.58%
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*******
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Revenue from Operations
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 21.54%
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*******
*******
Total Assets
*******
 -10.42%
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*******
*******
*******
Profit or Loss
*******
 -166.79%
*******
*******
*******
*******
Net Worth
*******
 -38.06%
*******
*******
*******
*******
EBITDA
*******
 -358.14%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Progressive Constructions?

In 2020, Progressive Constructions had a promoter holding of 99.99%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹50,150,544,759.00

Satisfied Charges

₹3,208,389,146.00

Charges Breakdown by Lending Institutions
  • Others : 3892.85 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
Date Lender Amount Status
27 Oct 2025 Others ₹2.72 Cr Open
02 Jul 2024 Hdfc Bank Limited ₹1.30 Cr Open
17 Jun 2013 Others ₹1,302.59 Cr Open
22 Jun 2011 Indusind Bank Limited ₹5.50 Cr Open
27 Apr 2011 Andhra Bank ₹310.00 Cr Open

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How Many Employees Work at Progressive Constructions?

Unlock and access historical data on people associated with Progressive Constructions, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Progressive Constructions, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Progressive Constructions's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Progressive Constructions
Recent Activity within the Organization
  • Charges

    The activity A charge with Others amounted to Rs. 2.72 Cr with Charge ID 101179844 was registered on 27 Oct 2025. was completed.

  • Annual General Meeting

    Progressive Constructions Limited last Annual general meeting of members was held on 30 Dec 2024 as per latest MCA records. was recorded as a recent event.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 1.30 Cr with Charge ID 100970722 was registered on 02 Jul 2024. was recorded as a recent event.

  • Balance Sheet

    Progressive Constructions Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Vijayawada. was recorded as a recent event.

  • Charges

    Progress on A charge registered on 11 Nov 2008 via Charge ID 10140330 with Others was fully satisfied on 29 Dec 2022. was documented.

  • Charges

    The activity A charge registered on 08 Dec 2006 via Charge ID 10028045 with Export - Import Bank Of India was fully satisfied on 10 Jun 2022. was completed.

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Frequently Asked Questions
What is the CIN of Progressive Constructions Limited?

The CIN of Progressive Constructions Limited is U45200AP1981PLC038986.

Where is Progressive Constructions Limited headquartered?

Progressive Constructions Limited is headquartered at H No. 8-232, Plot No. 282 And 283, Re-Survey No. 346/1, Sithapuram Colony, Poranki Village, Vijayawada, Krishna, Andhra Pradesh, 521139.

When was Progressive Constructions Limited incorporated?

Progressive Constructions Limited was incorporated on 23 December 1981.

Who are the current directors of Progressive Constructions Limited?

The current directors of Progressive Constructions Limited are

What is the primary industry of Progressive Constructions Limited?

The primary industry of Progressive Constructions Limited is Construction.

Is Progressive Constructions Limited a listed company?

Progressive Constructions Limited is unlisted.

What is the capital structure of Progressive Constructions Limited?

The authorized capital of Progressive Constructions Limited is ₹50.00 Cr, and the paid-up capital is ₹30.50 Cr.

What is the compliance status of Progressive Constructions Limited?

The compliance status of Progressive Constructions Limited is Compliant.

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