Progressive Packaging Pvt Ltd
About Progressive Packaging Pvt Ltd
Data last updated:
Progressive Packaging Pvt Ltd is a private limited company based in Andhra Pradesh, Telangana, India. It operates in the paper segment of the packaging sector. It was incorporated on 05 January 1965 and has been in existence for over 61 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U21014TG1965PTC001033. Its GSTIN is 36AACCP1525E3ZS (Telangana). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹4.9 Lakh. It is led by directors Ramraj Varma Sagi (Whole-Time Director) and Appala Sagi Raju.
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 Lux – 2 B – 42 Industrial Estatesanatnagar Hyderabad., Andhra Pradesh, Telangana, India – 500018.
As per the financials filed for FY 2025, the company reported a revenue of ₹64.84 Lakh. For the same year it recorded a net profit of ₹31.69 Lakh (net margin 48.9%) and EBITDA of ₹46.56 Lakh (EBITDA margin 71.8%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 5% over five years.
As per MCA filings, the company has open charges of ₹25.2 Lakh on record. Court records list 3 cases involving the company, including 3 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressLux – 2 B – 42 Industrial Estatesanatnagar Hyderabad., Andhra Pradesh, Telangana, India – 500018
- IndustryPackaging, Paper, Laminated & Corrugated Packaging
- 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
Financials of Progressive Packaging Pvt Ltd FY 2025 filings available
Progressive Packaging Pvt Ltd reported revenue of ₹64.84 Lakh for FY 2025.
Compounded Annual Growth Rate (CAGR) of Progressive Packaging Pvt Ltd
Revenue has grown at a compounded annual rate (CAGR) of 5% over five years. EBITDA fell 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 Packaging Pvt Ltd
| 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 | ₹46.56 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹31.69 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 Packaging Pvt Ltd
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 71.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 48.9% | •••• | •••• | •••• | •••• |
| 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 Packaging 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 Packaging Pvt Ltd
Progressive Packaging Pvt Ltd is compared with the companies closest to it by revenue in the Packaging industry (Paper Laminated and Corrugated Packaging). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Gourang Paper Products Private Limited | ₹66.75 Lakh (FY 2025) | •••• | •••• | -52.0% | •••• | Karvir, Maharashtra, India |
| Shiv Malhar Paper Bag Private Limited | ₹66.64 Lakh (FY 2023) | •••• | •••• | •••• | Pune, Maharashtra, India | |
| Shirodkar Packings Private Limited | ₹66.03 Lakh (FY 2025) | •••• | •••• | 45.0% | •••• | Pune, Maharashtra, India |
| Colortip International Private Limited | ₹65.86 Lakh (FY 2025) | •••• | •••• | 43.0% | •••• | New Delhi, Delhi, India |
| Kpack Solutions Private Limited | ₹64.88 Lakh (FY 2024) | •••• | •••• | -50.0% | •••• | Pune, Maharashtra, India |
| Progressive Packaging Pvt Ltd this company | ₹64.84 Lakh (FY 2025) | •••• | •••• | •••• | Andhra Pradesh, Telangana, India | |
| Amrut Worldlink Private Limited | ₹63.15 Lakh (FY 2025) | •••• | •••• | 7889.0% | •••• | Rajkot, Gujarat, India |
| Contemporary Packaging Technologies Limited | ₹62.95 Lakh (FY 2025) | •••• | •••• | 31.0% | •••• | Vadodara, Gujarat, India |
| Antilia Enterprises Private Limited | ₹62.91 Lakh (FY 2025) | •••• | •••• | 37.0% | •••• | Mumbai, Maharashtra, India |
| Greglo Essential Private Limited | ₹62.7 Lakh (FY 2025) | •••• | •••• | 3436.0% | •••• | Thane, Maharashtra, India |
| Saurav Corrugated Boxes Private Limited | ₹62.6 Lakh (FY 2025) | •••• | •••• | 35.0% | •••• | Jaipur, Rajasthan, India |
Peers are the five companies nearest above and the five nearest below Progressive Packaging by revenue in the Packaging industry (Paper Laminated and Corrugated Packaging), 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 Packaging Pvt Ltd
Progressive Packaging Pvt Ltd is audited by M. Bhaskara Rao & Co. for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| M. Bhaskara Rao & 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 Packaging Pvt Ltd
Progressive Packaging has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramraj Varma Sagi | Whole-Time Director | 01 Oct 1995 | 31 Years 0 Months | Current |
| Appala Sagi Raju | Director | 01 Sep 1998 | 28 Years 1 Months | Current |
Ownership and Shareholding of Progressive Packaging Pvt Ltd
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 Packaging Pvt Ltd
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 May 1999 | State Bank of Hyderabad | ₹25 Lakh | Open |
| 25 Aug 1966 | State Bank of Hyderabad | ₹20,000 | Open |
Total charge records: 2 View all charges
Legal Cases of Progressive Packaging Pvt Ltd
Progressive Packaging Pvt Ltd has 3 court cases on record: 3 filed by Progressive Packaging. All cases are disposed. Status as checked on 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 0 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court for State of Telangana | Appeal | Filed by the company against Zonal Manager, Andhra Pradesh Industrial Infrastructure | Disposed |
| High Court for State of Telangana | Writ petition | Filed by the company against an individual | Disposed |
| High Court for State of Telangana | Court case (ITC) | Filed by the company against Commissioner of I.T. Hyd | Disposed |
Full case history
All 3 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 Packaging Pvt Ltd
Employment history and EPFO contributions of people linked to Progressive Packaging.
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.
CIN History of Progressive Packaging Pvt Ltd
Progressive Packaging has one previous CIN (Corporate Identification Number): U21014AP1965PTC001033. The current CIN is U21014TG1965PTC001033, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U21014TG1965PTC001033 | Current |
| U21014AP1965PTC001033 | Previous |
Recent Activity on Progressive Packaging Pvt Ltd
Progressive Packaging Pvt Ltd has 3 board changes on record since 1995: 2 appointments and 1 cessation. The latest: Satyanarayana Raju Sagi ceased to be Managing Director on 15 Dec 2015.
Credit Ratings, Litigation & Regulatory Alerts for Progressive Packaging Pvt Ltd
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 Packaging Pvt Ltd
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 Packaging Pvt Ltd
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 Packaging Pvt Ltd
Progressive Packaging has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AACCP1525E3ZS | Telangana | Active | 11 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 Packaging Pvt Ltd
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 Packaging Pvt Ltd
Progressive Packaging is an active private limited company based in Andhra Pradesh, Telangana, India. The company works in paper, within the packaging industry. It was incorporated on 05 January 1965 (61+ years old) and is registered under CIN U21014TG1965PTC001033.
Progressive Packaging reported revenue of ₹64.84 Lakh for FY 2025.
Progressive Packaging has 2 current directors:
- Ramraj Varma Sagi - Whole-Time Director
- Appala Sagi Raju - Director
Progressive Packaging reported a net profit of ₹31.69 Lakh (net margin 48.9%) and EBITDA of ₹46.56 Lakh (EBITDA margin 71.8%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Progressive Packaging is 6% over three years and 5% over five years. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Progressive Packaging is 36AACCP1525E3ZS, registered in Telangana. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Progressive Packaging is U21014TG1965PTC001033. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Progressive Packaging has 3 court cases on record: 3 filed by the company.
Progressive Packaging was incorporated on 05 January 1965, making it 61+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Progressive Packaging by revenue are Gourang Paper Products Private Limited, Shiv Malhar Paper Bag Private Limited, Shirodkar Packings Private Limited, Colortip International Private Limited, Kpack Solutions Private Limited and 5 more, all in the Packaging industry (Paper Laminated and Corrugated Packaging).
Satyanarayana Raju Sagi ceased to be Managing Director on 15 Dec 2015. Appala Sagi Raju was appointed as Director on 01 Sep 1998. Ramraj Varma Sagi was appointed as Whole-Time Director on 01 Oct 1995.