MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-PB-12-0056711
Progressive Dairy Solutions Limited - agriculture in Ludhiana, Punjab, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹174.22 Cr
▲ 27% YoY
Net profit · FY 2025
₹5.48 Cr
Net margin 3.1%
EBITDA · FY 2025
₹7.62 Cr
EBITDA margin 4.4%
Authorised capital
₹3 Cr
Registered with MCA
Paid-up capital
₹2.25 Cr
Issued & subscribed
Open charges
₹19.07 Lakh
Satisfied ₹48 Lakh
Company age
16 yrs
Est. 2010
Employees · EPFO
58
Provident fund records
About Progressive Dairy Solutions Limited
Data last updated:
Progressive Dairy Solutions Limited is a public limited company based in Ludhiana, Punjab, India. It operates in the animal feeds segment of the agriculture sector. It was incorporated on 22 January 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U15209PB2010PLC033531. Its GSTIN is 03AAFCP3149K1ZF (Punjab). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.25 Cr. It was formerly known as Progressive Dairy Solutions Private Limited. It is led by directors including Daljit Singh (Managing Director) and Ranjit Singh.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Ludhiana, Punjab.
As per the financials filed for FY 2025, the company reported a revenue of ₹174.22 Cr, a growth of 27% compared to the previous year. For the same year it recorded a net profit of ₹5.48 Cr (net margin 3.1%) and EBITDA of ₹7.62 Cr (EBITDA margin 4.4%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 26% over five years.
The company has about 58 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Progressive Dairy Solutions LTD. As per MCA filings, the company has open charges of ₹19.07 Lakh and satisfied charges of ₹48 Lakh on record. Court records list 10 cases involving the company, including 7 filed by the company and 3 filed against it; 1 case is pending.
Progressive Dairy Solutions Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-PB-12-0056711). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website pdsltd.in.
Company details
CIN U15209PB2010PLC033531
Registration Number 033531
Incorporation Date 22 January 2010
ROC Chandigarh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-PB-12-0056711
CIN history
Progressive Dairy Solutions has one previous CIN (Corporate Identification Number): U15209PB2010PTC033531. The current CIN is U15209PB2010PLC033531, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U15209PB2010PLC033531 | Current |
| U15209PB2010PTC033531 | Previous |
Recognitions & Rankings of Progressive Dairy Solutions
Contact details
Progressive Dairy Solutions Limited's registered office is in Ludhiana, Punjab. Its website is pdsltd.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressVpo – Sheikhupura Gureh – Sheikhupura Road, Near Gureh Chownkiman Toll Plaza Ferozepur Road, Ludhiana, Punjab, India – 142023
- IndustryAgriculture, Animal Feeds, Agri Machinery & Equipment
To see the full contact details of Progressive Dairy Solutions Limited, buy the company report.
Comprehensive company report
Progressive Dairy Solutions 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Progressive Dairy Solutions operates one associated brand: Progressive Dairy Solutions LTD. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Dairy farming solutions, animal nutrition supplements, and agricultural services in India. | pdsltd.in |
Business activity
The main business activity of Progressive Dairy Solutions is agriculture, forestry, fishing. In detail, this covers support activities to agriculture and other activities including hunting.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| A | Agriculture, forestry, fishing | A4 | Support activities to agriculture and Other Activities including hunting |
To see the full business activity and turnover split of Progressive Dairy Solutions Limited, buy the company report.
Financials of Progressive Dairy Solutions Limited
FY 2024 filings availableProgressive Dairy Solutions Limited reported revenue of ₹174.22 Cr (up 27% YoY) for FY 2025.
Revenue · FY 2025
₹174.22 Cr ▲ 27%
Net profit · FY 2025
₹5.48 Cr margin 3.1%
EBITDA · FY 2025
₹7.62 Cr margin 4.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 27%
3 years · compounded
▲ 17%
5 years · compounded
▲ 26%
EBITDA CAGR growth
1 year
▲ 108%
3 years · compounded
▲ 35%
5 years · compounded
▲ 61%
Revenue has grown at a compounded annual rate (CAGR) of 26% over five years, including 27% growth in the latest year. EBITDA rose 108% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
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| Total Expenses | |||||
| EBITDA | ₹7.62 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹5.48 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.4% | ||||
| Net Profit Margin | 3.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Progressive Dairy Solutions Limited, buy the company report.
Board of directors of Progressive Dairy Solutions Limited
Progressive Dairy Solutions has 5 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Daljit Singh | Managing Director | 22 Jan 2010 | 16 Years 9 Months | Current |
| Ranjit Singh | Director | 18 Sep 2013 | 13 Years 1 Months | Current |
| Pooja Damir Miglani | Director | 01 Apr 2023 | 3 Years 6 Months | Current |
| Amandeep Kaur | Director | 01 Apr 2022 | 4 Years 6 Months | Current |
| Balvir Singh | Director | 18 Sep 2013 | 13 Years 1 Months | Current |
Auditor
Progressive Dairy Solutions Limited is audited by Komal & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Komal & Associates | FY 2023 | 013004N |
Shareholding
The shareholding of Progressive Dairy Solutions Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Progressive Dairy Solutions Limited, buy the company report.
Charges & borrowings
Open charges
₹19.07 Lakh
Satisfied charges
₹48 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Aug 2021 | 100477596 | Hdfc Bank Limited | ₹19.07 Lakh | Open | |
| 25 Nov 2016 | 100098191 | Others | ₹36 Lakh | Satisfied | |
| 18 Mar 2016 | 100070019 | Others | ₹12 Lakh | Satisfied |
To see the full charge records of Progressive Dairy Solutions Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Progressive Dairy Solutions Limited has 10 court cases on record: 7 filed by Progressive Dairy Solutions, 3 filed against it. 1 case is pending and 9 are disposed.
Total cases
10
Filed by the company
7
Filed against the company
3
Pending
1
Disposed
9
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 9 | 3 | 1 |
| High courts | 1 | 0 | 0 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Commercial matter | Filed against the company by Meteoric Biopharmaceuticals Pvt. Ltd. Through Its Authorized Signatory Mr.Gaurav Kaushik | Disposed |
| District court, Ludhiana, Punjab | Commercial suit | Filed by the company against an individual | Pending |
| High Court, PUNJAB | Writ petition | Filed by the company against individuals | Disposed |
| District court, Ludhiana, Punjab | Commercial suit | Filed by the company against an individual | Disposed |
| District court, Ludhiana, Punjab | Commercial suit | Filed by the company against an individual | Disposed |
To see the full case history of Progressive Dairy Solutions Limited, buy the company report.
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.
MSME payment delays
Progressive Dairy Solutions Limited has 8 MSME Form 1 returns on record between 2019 and 2021, listing 21 overdue payments to 7 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 7)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| Vansun Technologies Private Limited | |||
| Exotic Biosolutions Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Progressive Dairy Solutions Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Progressive Dairy Solutions Limited has a workforce of 58 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
Employee count
58
Active EPFO establishments
1
Employee growth
3.57%
GST
Progressive Dairy Solutions has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAFCP3149K1ZF | Punjab | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Progressive Dairy Solutions Limited, buy the company report.
Recent activity
Progressive Dairy Solutions Limited has 13 board changes on record since 2010: 5 appointments and 8 cessations. The latest: Pooja Damir Miglani was appointed as Director on 01 Apr 2023.
AGM
Progressive Dairy Solutions Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Progressive Dairy Solutions Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.
Appointed
Pooja Damir Miglani was appointed as Director.
Ceased
Purti Katyal ceased to be Director.
Appointed
Amandeep Kaur was appointed as Director.
Ceased
Rajpal Singh Sandhu ceased to be Managing Director.
Ceased
Sukhdev Singh ceased to be Director.
Charges
A charge registered on 25 Nov 2016 via Charge ID 100098191 with Others was fully satisfied on 07 Mar 2022.
Charges
A charge registered on 18 Mar 2016 via Charge ID 100070019 with Others was fully satisfied on 07 Mar 2022.
Ceased
Daljit Singh ceased to be Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.19 Cr with Charge ID 100477596 was registered on 17 Aug 2021.
Ceased
Balvir Singh ceased to be Whole-Time Director.
9 earlier events are in the company report.
Frequently asked questions
Progressive Dairy Solutions is an active public limited company based in Ludhiana, Punjab, India. The company works in animal feeds, within the agriculture industry. It was incorporated on 22 January 2010 (16+ years old) and is registered under CIN U15209PB2010PLC033531.
Progressive Dairy Solutions has 5 current directors:
- Daljit Singh - Managing Director
- Ranjit Singh - Director
- Pooja Damir Miglani - Director
- Amandeep Kaur - Director
- Balvir Singh - Director
The latest financial statements of Progressive Dairy Solutions on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Progressive Dairy Solutions is 03AAFCP3149K1ZF, registered in Punjab. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Progressive Dairy Solutions is U15209PB2010PLC033531. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Progressive Dairy Solutions has 10 court cases on record: 7 filed by the company and 3 filed against it. 1 is pending. Most are in the district courts.
Progressive Dairy Solutions was incorporated on 22 January 2010, making it 16+ years old. It is registered with the Registrar of Companies, Chandigarh.
Pooja Damir Miglani was appointed as Director on 01 Apr 2023. Purti Katyal ceased to be Director on 01 Apr 2023. Amandeep Kaur was appointed as Director on 01 Apr 2022. Progressive Dairy Solutions has 13 board changes on record in total.
Yes, Progressive Dairy Solutions is registered as a medium enterprise under Udyam registration (number: UDYAM-PB-12-0056711).
Progressive Dairy Solutions has 8 MSME Form 1 returns on record between 2019 and 2021, listing 21 overdue payments to 7 micro and small suppliers. The latest return was filed on 06 May 2021.
Progressive Dairy Solutions can be reached through the website pdsltd.in. Its registered office is in Ludhiana, Punjab, India.