Progressive Engineering and Automation Private Limited
About Progressive Engineering and Automation Private Limited
Data last updated:
Progressive Engineering and Automation Private Limited was a private limited company based in New Delhi, Delhi, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the auto parts and components segment of the automotive sector. It was incorporated on 21 October 2005.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U34300DL2005PTC142017. The company has 3 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹3 Cr and a paid-up capital of ₹3 Cr. It was led by directors Rohit Relan and Ravi Sangam Aiyar.
Its last annual general meeting (AGM) was held on 02 June 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at G – 13 Pushpanjali Farm Bijwasan, New Delhi, Delhi, India – 110061.
As per the financials filed for FY 2021, the company reported a revenue of ₹5.19 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹2.53 Lakh (net margin -48.7%) and EBITDA of -₹2.53 Lakh (EBITDA margin -48.7%). Revenue has grown at a compounded annual rate (CAGR) of 80% over three years and 33% over five years.
As per MCA filings, the company had satisfied charges of ₹4 Cr on record. Court records list 1 case involving the company, including 1 filed against it. The company has 3 deals on record (2 funding rounds, 1 rights issue), with disclosed funding of ₹99 Lakh; the latest was in August 2014. Its 10 peer companies in the Automobiles industry (Auto Ancillary, Automation) are compared by revenue, 5 larger and 5 smaller; the largest is Dsr.Service Solutioner Private Limited with revenue of ₹5.28 Lakh.
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- Registered AddressG – 13 Pushpanjali Farm Bijwasan, New Delhi, Delhi, India – 110061
- IndustryAutomotive, Auto Parts & Components
- 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
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Financials of Progressive Engineering and Automation Private Limited FY 2021 filings available
Progressive Engineering and Automation Private Limited reported revenue of ₹5.19 Lakh (up 3186% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR) of Progressive Engineering and Automation Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 33% over five years. EBITDA fell 542% 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 Engineering and Automation Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| 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 | -₹2.53 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹2.53 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 Engineering and Automation Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -48.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -48.7% | •••• | •••• | •••• | •••• |
| 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 Engineering and Automation 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 Engineering and Automation Private Limited
Progressive Engineering and Automation has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rohit Relan | Director | 21 Oct 2005 | 21 Years 0 Months | As last reported |
| Ravi Sangam Aiyar | Director | 10 Mar 2021 | 5 Years 7 Months | As last reported |
Peer Comparison of Progressive Engineering and Automation Private Limited
Progressive Engineering and Automation Private Limited is compared with the companies closest to it by revenue in the Automobiles industry (Auto Ancillary, Automation). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Dsr.Service Solutioner Private Limited | ₹5.28 Lakh (FY 2025) | •••• | •••• | -85.0% | •••• | Delhi, India |
| Inteltek Automation Private Limited | ₹5.26 Lakh (FY 2025) | •••• | •••• | -48.0% | •••• | Pune, Maharashtra, India |
| Coeus Automation (OPC) Private Limited | ₹5.26 Lakh (FY 2025) | •••• | •••• | -66.0% | •••• | Chennai, Tamil Nadu, India |
| Vivrt Motors Private Limited | ₹5.23 Lakh (FY 2024) | •••• | •••• | 51.0% | •••• | Mysore, Karnataka, India |
| Welded Automation Private Limited | ₹5.2 Lakh (FY 2022) | •••• | •••• | •••• | Hooghly, West Bengal, India | |
| Progressive Engineering and Automation Private Limited this company | ₹5.19 Lakh (FY 2021) | •••• | •••• | 3186.0% | •••• | New Delhi, Delhi, India |
| Technoart Robotics & Process Automation Private Limited | ₹5.18 Lakh (FY 2024) | •••• | •••• | 49.0% | •••• | Nasirabad, Rajasthan, India |
| Kumawat CNC Machines & Automation Private Limited | ₹5.18 Lakh (FY 2020) | •••• | •••• | •••• | Jhunjhunu, Rajasthan, India | |
| RGDP Automation India Private Limited | ₹5.17 Lakh (FY 2021) | •••• | •••• | -60.0% | •••• | Bhopal, Madhya Pradesh, India |
| B L Chaudhary Steels Private Limited | ₹5.14 Lakh (FY 2025) | •••• | •••• | 4.0% | •••• | Kanpur, Uttar Pradesh, India |
| Neptune Automation SWM Private Limited | ₹5.12 Lakh (FY 2024) | •••• | •••• | •••• | Erode, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Progressive Engineering and Automation by revenue in the Automobiles industry (Auto Ancillary, Automation), 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 Engineering and Automation Private Limited
Progressive Engineering and Automation Private Limited is audited by RPBASIA& CO. for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| RPBASIA& 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 Engineering and Automation Private 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 Engineering and Automation Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 09 Jun 2011 | State Bank of Travancore | ₹4 Cr | Satisfied |
Total charge records: 1 View all charges
Deals & Funding of Progressive Engineering and Automation Private Limited
Progressive Engineering and Automation Private Limited has 3 deals on record (2 funding rounds, 1 rights issue), with disclosed funding of ₹99 Lakh; the latest was in August 2014.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2014 | Rights issue | ₹2 Cr | Investors: 3 individuals |
| Oct 2009 | Funding round | ₹50 Lakh | Investors: N.D Relan Huf, 3 individuals |
| Feb 2009 | Funding round | ₹49 Lakh | Investors: N.D Relan Huf, Ajay Relan Huf, 2 individuals |
Full deal history
All 3 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Progressive Engineering and Automation Private Limited
Progressive Engineering and Automation Private Limited has 1 court case on record: 1 filed against it. All case is disposed. Status as checked on 30 Sep 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gurugram, Haryana | Civil suit | Filed against the company by an individual | Disposed |
Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Progressive Engineering and Automation Private Limited
Progressive Engineering and Automation Private Limited has a workforce of 0 employees as of Mar 29, 2024.
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.
Group Structure of Progressive Engineering and Automation Private Limited
Progressive Engineering and Automation has 1 associated company. This group structure data is as of FY 2017. The table lists each entity with its relationship and holding.
Recent Activity on Progressive Engineering and Automation Private Limited
Progressive Engineering and Automation Private Limited has 6 board changes on record since 2005: 2 appointments and 4 cessations. The latest: Ravi Sangam Aiyar ceased to be Additional Director on 02 Jun 2021.
Credit Ratings, Litigation & Regulatory Alerts for Progressive Engineering and Automation Private 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 Engineering and Automation Private 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 Engineering and Automation Private 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 Engineering and Automation Private Limited
Progressive Engineering and Automation has 3 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
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 Engineering and Automation Private 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 Engineering and Automation Private Limited
Progressive Engineering and Automation has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Progressive Engineering and Automation was a private limited company based in New Delhi, Delhi, India. The company worked in auto parts and components, within the automotive industry. It was incorporated on 21 October 2005 and is registered under CIN U34300DL2005PTC142017. The company has been struck off by the Registrar of Companies and is no longer operational.
Progressive Engineering and Automation had 2 directors:
- Rohit Relan - Director
- Ravi Sangam Aiyar - Director
The CIN (Corporate Identification Number) of Progressive Engineering and Automation is U34300DL2005PTC142017. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Progressive Engineering and Automation is at G – 13 Pushpanjali Farm Bijwasan, New Delhi, Delhi, India – 110061.
Progressive Engineering and Automation was incorporated on 21 October 2005. It is registered with the Registrar of Companies, Delhi.
Progressive Engineering and Automation reported revenue of ₹5.19 Lakh for FY 2021 (up 3186% YoY).
Progressive Engineering and Automation has an authorised share capital of ₹3 Cr and a paid-up capital of ₹3 Cr.
Progressive Engineering and Automation reported a net loss of ₹2.53 Lakh (net margin -48.7%) and EBITDA of -₹2.53 Lakh (EBITDA margin -48.7%) for FY 2021, as per its filed financial statements.
No. Progressive Engineering and Automation has 3 GST registrations on record and all of them are cancelled or inactive.
Progressive Engineering and Automation operated in the automotive industry, in the auto parts and components segment. It worked in this industry before it was struck off.