About Progressive Indexing Systems Private Limited
Data last updated:
Progressive Indexing Systems Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the process machinery and industrial equipment segment of the machinery and industrial equipment sector. It was incorporated on 06 July 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29299MH2005PTC154531. Its GSTIN is 27AADCP6097N1ZO (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Orbital Engineering Private Limited and Orbital Machinery Private Limited. It is led by directors Jasjeet Singh Seehra and Jasvinder Paramjit Seehra.
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 F – 129 Ansa Industrial Estatesaki Vihar Road, Mumbai, Maharashtra, India – 400072.
As per the financials filed for FY 2025, the company reported a revenue of ₹8.97 Cr, a growth of 15% compared to the previous year. For the same year it recorded a net profit of ₹97.61 Lakh (net margin 10.9%) and EBITDA of ₹1.38 Cr (EBITDA margin 15.4%). Revenue has grown at a compounded annual rate (CAGR) of 24% over three years and 14% over five years.
The company has about 19 employees on its provident fund (EPFO) records.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website proindexing.co.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressF – 129 Ansa Industrial Estatesaki Vihar Road, Mumbai, Maharashtra, India – 400072
- IndustryMachinery and Equipment, Process Machinery & Industrial Equipment, Industrial Tools & 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
- One PDF report, delivered after checkout
Business Activity of Progressive Indexing Systems Private Limited
The main business activity of Progressive Indexing Systems is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | 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 Indexing Systems Private Limited FY 2025 filings available
Progressive Indexing Systems Private Limited reported revenue of ₹8.97 Cr (up 15% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Progressive Indexing Systems Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 14% over five years, including 15% growth in the latest year. EBITDA rose 4% 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 Indexing Systems Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 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 | ₹1.38 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹97.61 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 Indexing Systems Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 15.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 10.9% | •••• | •••• | •••• | •••• |
| 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 Indexing Systems 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.
Peer Comparison of Progressive Indexing Systems Private Limited
Progressive Indexing Systems Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Process Machinery, Tools and Components). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Triquench India Private Limited | ₹8.99 Cr (FY 2024) | •••• | •••• | 47.0% | •••• | Ahmedabad, Gujarat, India |
| Pragati Press Tools India Private Limited | ₹8.98 Cr (FY 2024) | •••• | •••• | 2433.0% | •••• | Pune, Maharashtra, India |
| MMC Electric Company Private Limited | ₹8.98 Cr (FY 2024) | •••• | •••• | 3.0% | •••• | Machhe Belgaum, Karnataka, India |
| Indian Industrial Machines Private Limited | ₹8.98 Cr (FY 2024) | •••• | •••• | 37.0% | •••• | Bangalore, Karnataka, India |
| DBP Engineering Works Private Limited | ₹8.98 Cr (FY 2024) | •••• | •••• | 1.0% | •••• | New Delhi, Delhi, India |
| Progressive Indexing Systems Private Limited this company | ₹8.97 Cr (FY 2025) | •••• | •••• | 15.0% | •••• | Mumbai, Maharashtra, India |
| General Instrument Consortium Private Limited | ₹8.97 Cr (FY 2025) | •••• | •••• | •••• | Mumbai, Maharashtra, India | |
| Adson Systems Private Limited | ₹8.97 Cr (FY 2024) | •••• | •••• | 3.0% | •••• | Vadodara, Gujarat, India |
| Medallion Synergies Private Limited | ₹8.96 Cr (FY 2025) | •••• | •••• | -4.0% | •••• | Delhi, India |
| Pinnacle Dies & Moulds Private Limited | ₹8.96 Cr (FY 2025) | •••• | •••• | 20.0% | •••• | Pune, Maharashtra, India |
| Abc Agro and Food Machine India Private Limited | ₹8.95 Cr (FY 2024) | •••• | •••• | 23.0% | •••• | Coimbatore, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Progressive Indexing Systems by revenue in the Machinery and Equipment industry (Process Machinery, Tools and Components), 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 Indexing Systems Private Limited
Progressive Indexing Systems Private Limited is audited by J R DAVDA & ASSOCIATES for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| J R DAVDA & ASSOCIATES | 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.
Board of Directors of Progressive Indexing Systems Private Limited
Progressive Indexing Systems 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 |
|---|---|---|---|---|
| Jasjeet Singh Seehra Also directs: Orbital Automation Private Limited | Director | 26 Feb 2018 | 8 Years 7 Months | Current |
| Jasvinder Paramjit Seehra Also directs: Orbital Automation Private Limited | Director | 06 Jan 2015 | 11 Years 9 Months | Current |
Ownership and Shareholding of Progressive Indexing Systems 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 Indexing Systems Private Limited
Progressive Indexing Systems Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Progressive Indexing Systems Private Limited
Progressive Indexing Systems Private Limited has a workforce of 19 employees as of Apr 03, 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.
Name History of Progressive Indexing Systems Private Limited
Progressive Indexing Systems has undergone 6 name changes throughout its history. The current legal name is Progressive Indexing Systems Private Limited.
| Company Name | Status |
|---|---|
| Progressive Indexing Systems Private Limited | Current |
| Orbital Engineering Private Limited | Previous |
| Orbital Machinery Private Limited | Previous |
| Orbital Indexing Systems Private Limited | Previous |
| Orbital Technology Private Limited | Previous |
| Orbital Hi-Tech Private Limited | Previous |
| Orbital Automatic Technology Private Limited | Previous |
Recent Activity on Progressive Indexing Systems Private Limited
Progressive Indexing Systems Private Limited has 4 board changes on record since 2015: 2 appointments and 2 cessations. The latest: Jasjeet Singh Seehra was appointed as Director on 26 Feb 2018.
Credit Ratings, Litigation & Regulatory Alerts for Progressive Indexing Systems 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 Indexing Systems 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 Indexing Systems 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 Indexing Systems Private Limited
Progressive Indexing Systems has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCP6097N1ZO | Maharashtra | Active | 01 Jul 2017 |
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 Indexing Systems 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 Indexing Systems Private Limited
Progressive Indexing Systems is an active private limited company based in Mumbai, Maharashtra, India. The company works in process machinery and industrial equipment, within the machinery and equipment industry. It was incorporated on 06 July 2005 (21+ years old) and is registered under CIN U29299MH2005PTC154531.
Progressive Indexing Systems reported revenue of ₹8.97 Cr for FY 2025 (up 15% YoY).
Progressive Indexing Systems has 2 current directors:
- Jasjeet Singh Seehra - Director
- Jasvinder Paramjit Seehra - Director
Progressive Indexing Systems reported a net profit of ₹97.61 Lakh (net margin 10.9%) and EBITDA of ₹1.38 Cr (EBITDA margin 15.4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Progressive Indexing Systems is 24% over three years and 14% over five years. In the latest year (FY 2025) revenue rose 15%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Progressive Indexing Systems is 27AADCP6097N1ZO, registered in Maharashtra.
The CIN (Corporate Identification Number) of Progressive Indexing Systems is U29299MH2005PTC154531. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Progressive Indexing Systems was incorporated on 06 July 2005, making it 21+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Progressive Indexing Systems by revenue are Triquench India Private Limited, Pragati Press Tools India Private Limited, MMC Electric Company Private Limited, Indian Industrial Machines Private Limited, DBP Engineering Works Private Limited and 5 more, all in the Machinery and Equipment industry (Process Machinery, Tools and Components).
Jasjeet Singh Seehra was appointed as Director on 26 Feb 2018. Paramjit Singh Seehra ceased to be Director on 26 Feb 2018. Balaji Madhukar Mane ceased to be Director on 19 Jan 2015. Progressive Indexing Systems has 4 board changes on record in total.
Progressive Indexing Systems can be reached through the website proindexing.co.in. Its registered office is in Mumbai, Maharashtra, India.