Progressive Devcon and Multitrade Privte Limited
About Progressive Devcon and Multitrade Privte Limited
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Progressive Devcon and Multitrade Privte Limited is a private limited company based in Bhopal, Madhya Pradesh, India. It operates in the real estate leasing and property management segment of the real estate sector. It was incorporated on 18 January 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U52100MP2011PTC025208.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Ibrahim Husain and Ataur Rehman.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Bhopal, Madhya Pradesh.
As per the financials filed for FY 2019, the company reported a revenue of ₹4.77 Lakh, a decline of 9% compared to the previous year. For the same year it recorded a net loss of ₹20.72 Lakh (net margin -434.4%) and EBITDA of -₹20.31 Lakh (EBITDA margin -425.7%). Revenue has declined at a compounded annual rate (CAGR) of 47% over three years.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
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- Registered AddressShop No: – Ff 117 First Floor Minaal Mall Minal Residency J.K. Road, Govindpura, Bhopal, Madhya Pradesh, India – 462023
- IndustryReal Estate, Real Estate Leasing, Contractual Work
- 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 Devcon and Multitrade Privte Limited
The main business activity of Progressive Devcon and Multitrade Privte is real estate. In detail, this covers real estate activities on fee or contract basis.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| L | Real Estate | L2 | Real estate activities on fee or contract basis | 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 Devcon and Multitrade Privte Limited FY 2019 filings available
Progressive Devcon and Multitrade Privte Limited reported revenue of ₹4.77 Lakh (down 9% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR) of Progressive Devcon and Multitrade Privte Limited
Revenue has declined at a compounded annual rate (CAGR) of 47% over three years, including a 9% fall in the latest year. EBITDA fell 782% 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 Devcon and Multitrade Privte Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| 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 | -₹20.31 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹20.72 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 Devcon and Multitrade Privte Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -425.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -434.4% | •••• | •••• | •••• | •••• |
| 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 Devcon and Multitrade Privte 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.
Board of Directors of Progressive Devcon and Multitrade Privte Limited
Progressive Devcon and Multitrade Privte has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ibrahim Husain Also directs: Career Home India Private Limited | Director | 18 Jan 2011 | 15 Years 9 Months | Current |
| Ataur Rehman | Director | 30 Jan 2018 | 8 Years 8 Months | Current |
Peer Comparison of Progressive Devcon and Multitrade Privte Limited
Progressive Devcon and Multitrade Privte Limited is compared with the companies closest to it by revenue in the same principal business activity (Real estate activities on fee or contract basis). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| WRG Housing Industries Private Limited | ₹4.78 Lakh (FY 2024) | •••• | •••• | -42.0% | •••• | Delhi, India |
| Nimbit Buildcon Private Limited | ₹4.78 Lakh (FY 2025) | •••• | •••• | -63.0% | •••• | New Delhi, Delhi, India |
| Shoubhi Real Estates Private Limited | ₹4.78 Lakh (FY 2021) | •••• | •••• | -97.0% | •••• | New Delhi, Delhi, India |
| Maitrey Buildhome Private Limited | ₹4.77 Lakh (FY 2017) | •••• | •••• | -49.0% | •••• | Jaipur, Rajasthan, India |
| Pujan Real Estates Private Limited | ₹4.77 Lakh (FY 2025) | •••• | •••• | 89.0% | •••• | Delhi, India |
| Progressive Devcon and Multitrade Privte Limited this company | ₹4.77 Lakh (FY 2019) | •••• | •••• | -9.0% | •••• | Bhopal, Madhya Pradesh, India |
| Nineplanet Infracon Private Limited | ₹4.77 Lakh (FY 2018) | •••• | •••• | 47245.0% | •••• | Bareilly, Uttar Pradesh, India |
| Avivision Infra Private Limited | ₹4.77 Lakh (FY 2018) | •••• | •••• | -96.0% | •••• | Lucknow, Uttar Pradesh, India |
| Land Global Infra Private Limited | ₹4.76 Lakh (FY 2025) | •••• | •••• | 142.0% | •••• | New Delhi, Delhi, India |
| A.S.D. Earth Movers Private Limited | ₹4.76 Lakh (FY 2016) | •••• | •••• | -35.0% | •••• | Vadodara, Gujarat, India |
| A.M. Buildtech Private Limited | ₹4.75 Lakh (FY 2025) | •••• | •••• | -98.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Progressive Devcon and Multitrade Privte by revenue in the same principal business activity (Real estate activities on fee or contract basis), 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 Devcon and Multitrade Privte Limited
Progressive Devcon and Multitrade Privte Limited is audited by MALVIYA NARULA & CO. for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| MALVIYA NARULA & 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.
Ownership and Shareholding of Progressive Devcon and Multitrade Privte 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 Devcon and Multitrade Privte Limited
Progressive Devcon and Multitrade Privte Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Progressive Devcon and Multitrade Privte Limited
Employment history and EPFO contributions of people linked to Progressive Devcon and Multitrade Privte.
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 Devcon and Multitrade Privte Limited
Progressive Devcon and Multitrade Privte Limited has 4 board changes on record since 2011: 2 appointments and 2 cessations. The latest: Ataur Rehman was appointed as Director on 30 Jan 2018.
Credit Ratings, Litigation & Regulatory Alerts for Progressive Devcon and Multitrade Privte 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 Devcon and Multitrade Privte 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 Devcon and Multitrade Privte 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 Devcon and Multitrade Privte Limited
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 Devcon and Multitrade Privte 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 Devcon and Multitrade Privte Limited
Progressive Devcon and Multitrade Privte is an active private limited company based in Bhopal, Madhya Pradesh, India. The company works in real estate leasing, within the real estate industry. It was incorporated on 18 January 2011 (15+ years old) and is registered under CIN U52100MP2011PTC025208.
Progressive Devcon and Multitrade Privte reported revenue of ₹4.77 Lakh for FY 2019 (down 9% YoY).
Progressive Devcon and Multitrade Privte has 2 current directors:
- Ibrahim Husain - Director
- Ataur Rehman - Director
Progressive Devcon and Multitrade Privte reported a net loss of ₹20.72 Lakh (net margin -434.4%) and EBITDA of -₹20.31 Lakh (EBITDA margin -425.7%) for FY 2019, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Progressive Devcon and Multitrade Privte is -47% over three years. In the latest year (FY 2019) revenue fell 9%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Progressive Devcon and Multitrade Privte is U52100MP2011PTC025208. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Progressive Devcon and Multitrade Privte was incorporated on 18 January 2011, making it 15+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Progressive Devcon and Multitrade Privte by revenue are WRG Housing Industries Private Limited, Nimbit Buildcon Private Limited, Shoubhi Real Estates Private Limited, Maitrey Buildhome Private Limited, Pujan Real Estates Private Limited and 5 more, all in the same principal business activity (Real estate activities on fee or contract basis).
Ataur Rehman was appointed as Director on 30 Jan 2018. Sakeena Husain ceased to be Director on 30 Jan 2018. Ataur Rehman ceased to be Director on 18 Apr 2011. Progressive Devcon and Multitrade Privte has 4 board changes on record in total.
The registered office of Progressive Devcon and Multitrade Privte is at Shop No: – Ff 117 First Floor Minaal Mall Minal Residency J.K. Road, Govindpura, Bhopal, Madhya Pradesh, India – 462023.
Progressive Devcon and Multitrade Privte has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.