Progressive Instruments and Machine Tools Private Limited
About Progressive Instruments and Machine Tools Private Limited
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Progressive Instruments and Machine Tools Private Limited is a private limited company based in Uttar Pradesh, India. It operates in the industrial machine tools segment of the machinery and industrial equipment sector. It was incorporated on 12 March 1973 and has been in existence for over 53 years.
The company is registered with the Registrar of Companies (ROC), Uttar Pradesh, under CIN U31300UP1973PTC003680.
The company has an authorised share capital of ₹3 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Komal Ahuja and Girish Ahuja.
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 12/4G T Road Ghaziabad, Uttar Pradesh, India – 201005.
As per the financials filed for FY 2025, the company reported a revenue of ₹37.87 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹33.37 Lakh (net margin 88.1%) and EBITDA of ₹36.99 Lakh (EBITDA margin 97.7%). Revenue has grown at a compounded annual rate (CAGR) of 298% over three years and 121% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address12/4G T Road Ghaziabad, Uttar Pradesh, India – 201005
- IndustryMachinery and Equipment, Industrial Machine Tools
- 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 Instruments and Machine Tools Private Limited
The main business activity of Progressive Instruments and Machine Tools 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 Instruments and Machine Tools Private Limited FY 2025 filings available
Progressive Instruments and Machine Tools Private Limited reported revenue of ₹37.87 Lakh (up 6211% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Progressive Instruments and Machine Tools Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 121% over five years. 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 Instruments and Machine Tools 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 | ₹36.99 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹33.37 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 Instruments and Machine Tools Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 97.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 88.1% | •••• | •••• | •••• | •••• |
| 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 Instruments and Machine Tools 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 Instruments and Machine Tools Private Limited
Progressive Instruments and Machine Tools Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Machine Tools). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Haisheng Machinery Private Limited | ₹40.87 Lakh (FY 2024) | •••• | •••• | •••• | Tada, Andhra Pradesh, India | |
| Diamtools Private Limited | ₹40.53 Lakh (FY 2025) | •••• | •••• | 642.0% | •••• | Mumbai, Maharashtra, India |
| Saroven Machine Tools Private Limited | ₹39.94 Lakh (FY 2025) | •••• | •••• | -65.0% | •••• | Chennai, Tamil Nadu, India |
| Arrow Slipform Kerb Machinery (India ) Private Limited | ₹38.98 Lakh (FY 2024) | •••• | •••• | 17.0% | •••• | Bangalore, Karnataka, India |
| Nagori Machine Tools Private Limited | ₹38.38 Lakh (FY 2023) | •••• | •••• | 27.0% | •••• | Greater Noida, Uttar Pradesh, India |
| Progressive Instruments and Machine Tools Private Limited this company | ₹37.87 Lakh (FY 2025) | •••• | •••• | 6211.0% | •••• | Uttar Pradesh, India |
| Saple's Scales (India) Private Limited | ₹36.51 Lakh (FY 2025) | •••• | •••• | 29.0% | •••• | Mumbai, Maharashtra, India |
| Abhijay Engineers Private Limited | ₹36.31 Lakh (FY 2025) | •••• | •••• | 138.0% | •••• | Aurangabad, Maharashtra, India |
| Kalpataru Metfab Private Limited | ₹35.81 Lakh (FY 2025) | •••• | •••• | 17.0% | •••• | Gandhinagar, Gujarat, India |
| Tushtor India Private Limited | ₹35.24 Lakh (FY 2024) | •••• | •••• | -51.0% | •••• | Bengaluru, Karnataka, India |
| Spartech Solutions Private Limited | ₹34.94 Lakh (FY 2024) | •••• | •••• | •••• | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Progressive Instruments and Machine Tools by revenue in the Machinery and Equipment industry (Machine Tools), 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 Instruments and Machine Tools Private Limited
Progressive Instruments and Machine Tools Private Limited is audited by SAXENA SINGHAL & CO for the financial year 2018.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SAXENA SINGHAL & 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.
Board of Directors of Progressive Instruments and Machine Tools Private Limited
Progressive Instruments and Machine Tools has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Komal Ahuja | Director | 10 Apr 2006 | 20 Years 6 Months | Current |
| Girish Ahuja | Director | 02 Nov 2002 | 23 Years 11 Months | Current |
Ownership and Shareholding of Progressive Instruments and Machine Tools 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 Instruments and Machine Tools Private Limited
Progressive Instruments and Machine Tools Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Progressive Instruments and Machine Tools Private Limited
Employment history and EPFO contributions of people linked to Progressive Instruments and Machine Tools.
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 Instruments and Machine Tools Private Limited
Progressive Instruments and Machine Tools Private Limited has 2 board changes on record since 2002: 2 appointments. The latest: Komal Ahuja was appointed as Director on 10 Apr 2006.
Credit Ratings, Litigation & Regulatory Alerts for Progressive Instruments and Machine Tools 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 Instruments and Machine Tools 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 Instruments and Machine Tools 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 Instruments and Machine Tools Private 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 Instruments and Machine Tools 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 Instruments and Machine Tools Private Limited
Progressive Instruments and Machine Tools is an active private limited company based in Uttar Pradesh, India. The company works in industrial machine tools, within the machinery and equipment industry. It was incorporated on 12 March 1973 (53+ years old) and is registered under CIN U31300UP1973PTC003680.
Progressive Instruments and Machine Tools reported revenue of ₹37.87 Lakh for FY 2025 (up 6211% YoY).
Progressive Instruments and Machine Tools has 2 current directors:
- Komal Ahuja - Director
- Girish Ahuja - Director
Progressive Instruments and Machine Tools reported a net profit of ₹33.37 Lakh (net margin 88.1%) and EBITDA of ₹36.99 Lakh (EBITDA margin 97.7%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Progressive Instruments and Machine Tools is 298% over three years and 121% over five years. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Progressive Instruments and Machine Tools is U31300UP1973PTC003680. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Progressive Instruments and Machine Tools was incorporated on 12 March 1973, making it 53+ years old. It is registered with the Registrar of Companies, Uttar Pradesh.
The peers of Progressive Instruments and Machine Tools by revenue are Haisheng Machinery Private Limited, Diamtools Private Limited, Saroven Machine Tools Private Limited, Arrow Slipform Kerb Machinery (India ) Private Limited, Nagori Machine Tools Private Limited and 5 more, all in the Machinery and Equipment industry (Machine Tools).
Komal Ahuja was appointed as Director on 10 Apr 2006. Girish Ahuja was appointed as Director on 02 Nov 2002.
The registered office of Progressive Instruments and Machine Tools is at 124G T Road Ghaziabad, Uttar Pradesh, India – 201005.
Progressive Instruments and Machine Tools has an authorised share capital of ₹3 Lakh and a paid-up capital of ₹1 Lakh.