Progressive Engicon Private Limited

Progressive Engicon Private Limited - infrastructure and utilities in Patna, Bihar, India. FY 2026 financials & compliance.
CIN U45200BR2009PTC014186 Incorporated 14 January 2009 ROC Patna HQ Patna, Bihar, India
Active Private Limited Company infrastructure and utilities
Data last updated
Revenue · FY 2025
₹28.96 Cr
▲ 14% YoY
Net profit · FY 2025
₹1.94 Cr
Net margin 6.7%
EBITDA · FY 2025
₹3.18 Cr
EBITDA margin 11%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹13.1 Cr
Secured borrowings
Company age
17 yrs
Est. 2009
Directors on board
2
As per MCA filings

About Progressive Engicon Private Limited

Data last updated:

Progressive Engicon Private Limited is a private limited company based in Patna, Bihar, India. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 14 January 2009 and has been in existence for over 17 years.

The company is registered with the Registrar of Companies (ROC), Patna, under CIN U45200BR2009PTC014186. Its GSTIN is 10AAECP9264A1ZU (Bihar). The company holds 2 GST registrations, all of them active.

The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Sushant Kumar and Binit Kumar Singh.

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/O Manish Kumar Durga Ashram Gali Sheikhpura Bailey Road, Patna, Bihar, India – 800014.

As per the financials filed for FY 2025, the company reported a revenue of ₹28.96 Cr, a growth of 14% compared to the previous year. For the same year it recorded a net profit of ₹1.94 Cr (net margin 6.7%) and EBITDA of ₹3.18 Cr (EBITDA margin 11%). Revenue has grown at a compounded annual rate (CAGR) of 90% over three years and 62% over five years.

As per MCA filings, the company has open charges of ₹13.1 Cr on record. Court records list 3 cases involving the company, including 2 filed by the company.

The current compliance status is marked as compliant by the Registrar of Companies.

Company Details of Progressive Engicon Private Limited
CIN U45200BR2009PTC014186
Registration Number 014186
Incorporation Date 14 January 2009
ROC Patna
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    Locked
  • Social Media
    Locked
  • Registered Address
    C/O Manish Kumar Durga Ashram Gali Sheikhpura Bailey Road, Patna, Bihar, India – 800014
  • Industry
    Infrastructure and Utilities, General Construction Services
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Financials, compliance, directors, charges, ownership and filings for Progressive Engicon Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Business Activity of Progressive Engicon Private Limited

The main business activity of Progressive Engicon is construction. In detail, this covers roads, railways, utility projects.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
FConstructionF2Roads, railways, Utility projectsLocked
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Business activity turnover details

Turnover share and past changes in activity are in the company report.

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  • Historical classifications
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Financials of Progressive Engicon Private Limited FY 2025 filings available

Progressive Engicon Private Limited reported revenue of ₹28.96 Cr (up 14% YoY) for FY 2025.

Revenue · FY 2025
₹28.96 Cr ▲ 14%
Net profit · FY 2025
₹1.94 Cr margin 6.7%
EBITDA · FY 2025
₹3.18 Cr margin 11%

Compounded Annual Growth Rate (CAGR) of Progressive Engicon Private Limited

Revenue CAGR growth
1 year
▲ 14%
3 years · compounded
▲ 90%
5 years · compounded
▲ 62%
EBITDA CAGR growth
1 year
▲ 14%
3 years · compounded
▲ 86%
5 years · compounded
▲ 56%

Revenue has grown at a compounded annual rate (CAGR) of 62% over five years, including 14% growth in the latest year. EBITDA rose 14% 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 Engicon Private Limited

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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₹3.18 Cr••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)₹1.94 Cr••••••••••••••••
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 Engicon Private Limited

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin11%••••••••••••••••
Net Profit Margin6.7%••••••••••••••••
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 Engicon are in the company report.

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Financial statements from 2015

Earlier years and trend charts are in the company report.

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Board of Directors of Progressive Engicon Private Limited

Progressive Engicon has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Sushant KumarDirector09 Oct 20206 Years 0 MonthsCurrent
Binit Kumar SinghDirector29 Jul 20215 Years 2 MonthsCurrent

Peer Comparison of Progressive Engicon Private Limited

Progressive Engicon Private Limited is compared with the companies closest to it by revenue in the Metals and Minerals industry (Construction Materials Retail and Distribution, Construction Services). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
V. Desai Colors Private Limited₹29.01 Cr (FY 2024)••••••••67.0%••••Vadodara, Gujarat, India
Amg Homes Private Limited₹29.01 Cr (FY 2025)••••••••426521.0%••••Jammu, Jammu and Kashmir, India
Pkmco Constructions Private Limited₹29.01 Cr (FY 2025)••••••••238.0%••••Kasaragod, Kerala, India
Msnhm Construction and Engineering Private Limited₹29 Cr (FY 2024)••••••••34.0%••••Jagatpur, Odisha, India
LRG Aggregates Manufacturing Private Limited₹28.99 Cr (FY 2025)••••••••5.0%••••Andheri, Mumbai, Maharashtra, India
Progressive Engicon Private Limited this company₹28.96 Cr (FY 2025)••••••••14.0%••••Patna, Bihar, India
S Kumar Infracons (India) Private Limited₹28.94 Cr (FY 2024)••••••••57.0%••••Ahmedabad, Gujarat, India
Gulia Infratech Private Limited₹28.94 Cr (FY 2025)••••••••-10.0%••••Gurugram, Haryana, India
Agrasen Traders Private Limited₹28.93 Cr (FY 2025)••••••••33.0%••••Jamshedpur, Jharkhand, India
Aditya Infra and Agri Business Private Limited₹28.93 Cr (FY 2016)••••••••15.0%••••Mangalore, Karnataka, India
Beejay Associates (Contracts) Private Limited₹28.91 Cr (FY 2025)••••••••143.0%••••Pune, Maharashtra, India

Peers are the five companies nearest above and the five nearest below Progressive Engicon by revenue in the Metals and Minerals industry (Construction Materials Retail and Distribution, Construction Services), 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 Engicon Private Limited

Progressive Engicon Private Limited is audited by ALOK JAIN & CO for the financial year 2023.

NameStatusAppointment DateCessation Date
ALOK JAIN & COLockedLockedLocked
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Ownership and Shareholding of Progressive Engicon Private Limited

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Charges & Borrowings of Progressive Engicon Private Limited

Open charges
₹13.1 Cr
Satisfied charges
None
Breakdown by lending institutions
Others₹8.00 Cr
Indian Bank₹5.10 Cr
Latest charge details
DateLenderAmountStatus
26 Mar 2025Others₹8 CrOpen
17 Jul 2023Indian Bank₹25 LakhOpen
09 Mar 2010Indian Bank₹4.85 CrOpen

Total charge records: 3 View all charges

Employees and EPFO Compliance at Progressive Engicon Private Limited

Progressive Engicon Private Limited has a workforce of 0 employees as of Apr 07, 2024.

Active EPFO establishments
1
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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Recent Activity on Progressive Engicon Private Limited

Progressive Engicon Private Limited has 6 board changes on record since 2013: 2 appointments and 4 cessations. The latest: Manish Kumar ceased to be Director on 30 Jul 2021.

AGM
Progressive Engicon Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Progressive Engicon Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Patna.
Charges
A charge with Others amounted to Rs. 800.00 Lakh with Charge ID 101089045 was registered on 26 Mar 2025.
Charges
A charge with Indian Bank of Rs. 485.21 Lakh registered on 09 Mar 2010 with Charge ID 10204793 was modified on 01 Feb 2025.
Charges
A charge with Indian Bank amounted to Rs. 25.00 Lakh with Charge ID 100770306 was registered on 17 Jul 2023.
Ceased
Manish Kumar ceased to be Director.
Appointed
Binit Kumar Singh was appointed as Director.
Ceased
Abhishek ceased to be Director.
Appointed
Sushant Kumar was appointed as Director.
Ceased
Alok Kumar Singh ceased to be Director.
Ceased
Mohit Sinha ceased to be Director.
Charges
A charge with Indian Bank amounted to Rs. 485.21 Lakh with Charge ID 10204793 was registered on 09 Mar 2010.

1 earlier event is listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for Progressive Engicon Private Limited

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Credit ratings, litigation, and regulatory alerts

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MSME Payment Delays by Progressive Engicon Private Limited

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Subsidiaries & Group Companies of Progressive Engicon Private Limited

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GST Compliance of Progressive Engicon Private Limited

Progressive Engicon has 2 GST registrations: 2 active.

Total GSTINs
2
Active
2
GSTINStateStatusRegistered on
10AAECP9264A1ZUBiharActive27 Jul 2017
20AAECP9264A1ZTJharkhandActive20 Dec 2021
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GST registrations and filing compliance

State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.

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MCA Filings & Documents of Progressive Engicon Private Limited

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MCA filings and documents

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Frequently Asked Questions about Progressive Engicon Private Limited

Progressive Engicon is an active private limited company based in Patna, Bihar, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 14 January 2009 (17+ years old) and is registered under CIN U45200BR2009PTC014186.

Progressive Engicon reported revenue of ₹28.96 Cr for FY 2025 (up 14% YoY).

Progressive Engicon has 2 current directors:

Progressive Engicon reported a net profit of ₹1.94 Cr (net margin 6.7%) and EBITDA of ₹3.18 Cr (EBITDA margin 11%) for FY 2025, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of Progressive Engicon is 90% over three years and 62% over five years. In the latest year (FY 2025) revenue rose 14%. CAGR is the steady yearly rate that links the first and the last year.

The GSTIN of Progressive Engicon is 10AAECP9264A1ZU, registered in Bihar. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 20AAECP9264A1ZT (Jharkhand).

The CIN (Corporate Identification Number) of Progressive Engicon is U45200BR2009PTC014186. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Progressive Engicon has 3 court cases on record: 2 filed by the company.

Progressive Engicon was incorporated on 14 January 2009, making it 17+ years old. It is registered with the Registrar of Companies, Patna.

The peers of Progressive Engicon by revenue are V. Desai Colors Private Limited, Amg Homes Private Limited, Pkmco Constructions Private Limited, Msnhm Construction and Engineering Private Limited, LRG Aggregates Manufacturing Private Limited and 5 more, all in the Metals and Minerals industry (Construction Materials Retail and Distribution, Construction Services).

Manish Kumar ceased to be Director on 30 Jul 2021. Binit Kumar Singh was appointed as Director on 29 Jul 2021. Abhishek ceased to be Director on 22 Dec 2020. Progressive Engicon has 6 board changes on record in total.

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