Progressive Novus Private Limited
About Progressive Novus Private Limited
Data last updated:
Progressive Novus Private Limited is a private limited company based in Hyderabad, Telangana, India. It was incorporated on 13 June 2023.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U62099TS2023PTC174064.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Preethi Devara and Mriluson Borah.
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 Hyderabad, Telangana.
As per the financials filed for FY 2025, the company reported a revenue of ₹96.1 Lakh, a growth of 71% compared to the previous year. For the same year it recorded a net profit of ₹2.56 Lakh (net margin 2.7%) and EBITDA of ₹3.45 Lakh (EBITDA margin 3.6%).
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- Registered AddressFlat No 303 Sri Shailaja, Arcade East Prashant Ngr, Hyderabad, Telangana, India – 500036
- 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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Business Activity of Progressive Novus Private Limited
The main business activity of Progressive Novus is other service activities. In detail, this covers activities of membership organizations.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| S | Other service activities | 94 | Activities of membership organizations | 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 Novus Private Limited FY 2025 filings available
Progressive Novus Private Limited reported revenue of ₹96.1 Lakh (up 71% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Progressive Novus Private Limited
Revenue rose 71% in the latest year. EBITDA rose 3% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Progressive Novus Private Limited
| Metrics | FY 2024-25 | FY 2023-24 |
|---|---|---|
| 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 | ₹3.45 Lakh | •••• |
| Profit Before Tax | •••• | •••• |
| Tax Expense | •••• | •••• |
| Net Profit (PAT) | ₹2.56 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 Novus Private Limited
| Metrics | FY 2024-25 | FY 2023-24 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 3.6% | •••• |
| Net Profit Margin | 2.7% | •••• |
| 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 Novus are in the company report.
Financial statements from FY 2024
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 Novus Private Limited
Progressive Novus Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Activities of membership organizations). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Techealer Infotech Private Limited | ₹96.69 Lakh (FY 2025) | •••• | •••• | 155.0% | •••• | Jorhat, Assam, India |
| Vision Security Services Private Limited | ₹96.67 Lakh (FY 2025) | •••• | •••• | •••• | Mumbai, Maharashtra, India | |
| Zafrone Tradecom Private Limited | ₹96.66 Lakh (FY 2025) | •••• | •••• | 114.0% | •••• | Nagpur, Maharashtra, India |
| Mamraj Enterprise Private Limited | ₹96.61 Lakh (FY 2025) | •••• | •••• | 276.0% | •••• | Noida, Uttar Pradesh, India |
| Flexpack Pharma Private Limited | ₹96.36 Lakh (FY 2024) | •••• | •••• | 145.0% | •••• | Bangalore, Karnataka, India |
| Progressive Novus Private Limited this company | ₹96.1 Lakh (FY 2025) | •••• | •••• | 71.0% | •••• | Hyderabad, Telangana, India |
| Maa Momai Realty Private Limited | ₹95.78 Lakh (FY 2025) | •••• | •••• | 1.0% | •••• | Mumbai, Maharashtra, India |
| Dott Connect Private Limited | ₹95.61 Lakh (FY 2025) | •••• | •••• | 25.0% | •••• | Pune, Maharashtra, India |
| Swaki Hospitality Private Limited | ₹95.55 Lakh (FY 2025) | •••• | •••• | 398.0% | •••• | Pune, Maharashtra, India |
| Pellucid Business Solutions Private Limited | ₹95.36 Lakh (FY 2025) | •••• | •••• | 47578.0% | •••• | Chennai, Tamil Nadu, India |
| Coral Servsoft Private Limited | ₹95.28 Lakh (FY 2025) | •••• | •••• | 22.0% | •••• | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Progressive Novus by revenue in the same principal business activity (Activities of membership organizations), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Progressive Novus Private Limited
Progressive Novus has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Preethi Devara | Director | 13 Jun 2023 | 3 Years 4 Months | Current |
| Mriluson Borah | Director | 13 Jun 2023 | 3 Years 4 Months | Current |
Charges & Borrowings of Progressive Novus Private Limited
Progressive Novus Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Progressive Novus Private Limited
Employment history and EPFO contributions of people linked to Progressive Novus.
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 Novus Private Limited
Progressive Novus Private Limited has 2 board changes on record since 2023: 2 appointments. The latest: Mriluson Borah was appointed as Director on 13 Jun 2023.
Credit Ratings, Litigation & Regulatory Alerts for Progressive Novus 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 Novus 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 Novus 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 Novus 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 Novus 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 Novus Private Limited
Progressive Novus is an active private limited company based in Hyderabad, Telangana, India. It was incorporated on 13 June 2023 (3+ years old) and is registered under CIN U62099TS2023PTC174064.
Progressive Novus reported revenue of ₹96.1 Lakh for FY 2025 (up 71% YoY).
Progressive Novus has 2 current directors:
- Preethi Devara - Director
- Mriluson Borah - Director
Progressive Novus reported a net profit of ₹2.56 Lakh (net margin 2.7%) and EBITDA of ₹3.45 Lakh (EBITDA margin 3.6%) for FY 2025, as per its filed financial statements.
The CIN (Corporate Identification Number) of Progressive Novus is U62099TS2023PTC174064. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Progressive Novus was incorporated on 13 June 2023, making it 3+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Progressive Novus by revenue are Techealer Infotech Private Limited, Vision Security Services Private Limited, Zafrone Tradecom Private Limited, Mamraj Enterprise Private Limited, Flexpack Pharma Private Limited and 5 more, all in the same principal business activity (Activities of membership organizations).
Mriluson Borah was appointed as Director on 13 Jun 2023. Preethi Devara was appointed as Director on 13 Jun 2023.
The registered office of Progressive Novus is at Flat No 303 Sri Shailaja, Arcade East Prashant Ngr, Hyderabad, Telangana, India – 500036.
Progressive Novus has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.
No. Progressive Novus is not listed on any stock exchange. It is an unlisted company.