About Progressive Packers Movers Private Limited
Data last updated:
Progressive Packers Movers Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the moving and relocation services segment of the transport and logistics sector. It was incorporated on 15 October 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74120MH2011PTC223055. Its GSTIN is 27AAGCP3243H1ZG (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Chhotelal Yadav and Manoj Upadhyay.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Sector 3, Thane, Maharashtra.
As per the financials filed for FY 2021, the company reported a revenue of ₹9.18 Lakh, a decline of 54% compared to the previous year. For the same year it recorded a net profit of ₹5,476 (net margin 0.6%) and EBITDA of ₹17,531 (EBITDA margin 1.9%). Revenue has declined at a compounded annual rate (CAGR) of 22% over three years.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website progressivepacker.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressS 02 Sonam Tapti Chs Phase Xiv New Golden Nest Near Jain Bunglow Sector 3 Bhayander (, East), Thane, Maharashtra, India – 401105
- IndustryTransport and Logistics, Moving & Relocation Services
- 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 Packers Movers Private Limited
The main business activity of Progressive Packers Movers is transport and storage. In detail, this covers land transport via road.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| H | Transport and storage | H1 | Land Transport via Road | 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 Packers Movers Private Limited FY 2021 filings available
Progressive Packers Movers Private Limited reported revenue of ₹9.18 Lakh (down 54% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR) of Progressive Packers Movers Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 22% over three years, including a 54% fall in the latest year. EBITDA fell 49% 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 Packers Movers 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 | ₹17,531 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹5,476 | •••• | •••• | •••• | •••• |
| 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 Packers Movers Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.6% | •••• | •••• | •••• | •••• |
| 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 Packers Movers 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 Packers Movers Private Limited
Progressive Packers Movers Private Limited is compared with the companies closest to it by revenue in the Transport and Logistics industry (Packers and Movers). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Pefmovers Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| M-Agarwal Packers and Movers Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Suvam Packers and Movers Private Limited | •••• | •••• | •••• | •••• | - | Bhubaneswar, Orissa, India |
| Bade Bhaiya Packers and Movers Private Limited | •••• | •••• | •••• | •••• | - | Hyderabad, Telangana, India |
| Sri Ganga Packers & Movers International Private Limited | •••• | •••• | •••• | •••• | - | Barra Bypass, Uttar Pradesh, India |
| Progressive Packers Movers Private Limited this company | •••• | •••• | •••• | •••• | - | Thane, Maharashtra, India |
| Blue Ocean Packers and Movers Private Limited | •••• | •••• | •••• | •••• | - | Port Blair, Andaman And Nicobar Islands, India |
| Balaji Universal Shifting Solution Private Limited | •••• | •••• | •••• | •••• | - | Indore, Madhya Pradesh, India |
| Madurai Packers and Movers Private Limited | •••• | •••• | •••• | •••• | - | Madurai, Tamil Nadu, India |
| JSR Unique Packers and Movers Private Limited | •••• | •••• | •••• | •••• | - | Ahmednagar, Maharashtra, India |
| Pratik Packers and Movers Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Progressive Packers Movers by revenue in the Transport and Logistics industry (Packers and Movers), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Progressive Packers Movers Private Limited
Progressive Packers Movers Private Limited is audited by MUKESH M CHOKSI & CO for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| MUKESH M CHOKSI & 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 Packers Movers Private Limited
Progressive Packers Movers 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 |
|---|---|---|---|---|
| Chhotelal Yadav | Additional Director | 15 Dec 2021 | 4 Years 9 Months | Current |
| Manoj Upadhyay Also directs: Indepth Impex Private Limited | Additional Director | 29 Dec 2021 | 4 Years 9 Months | Current |
Ownership and Shareholding of Progressive Packers Movers 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 Packers Movers Private Limited
Progressive Packers Movers Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Progressive Packers Movers Private Limited
Employment history and EPFO contributions of people linked to Progressive Packers Movers.
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 Packers Movers Private Limited
Progressive Packers Movers Private Limited has 6 board changes on record since 2016: 2 appointments and 4 cessations. The latest: Manoj Upadhyay was appointed as Additional Director on 29 Dec 2021.
Credit Ratings, Litigation & Regulatory Alerts for Progressive Packers Movers 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 Packers Movers 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 Packers Movers 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 Packers Movers Private Limited
Progressive Packers Movers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCP3243H1ZG | 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 Packers Movers 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 Packers Movers Private Limited
Progressive Packers Movers is an active private limited company based in Thane, Maharashtra, India. The company works in moving and relocation services, within the transport and logistics industry. It was incorporated on 15 October 2011 (15+ years old) and is registered under CIN U74120MH2011PTC223055.
Progressive Packers Movers reported revenue of ₹9.18 Lakh for FY 2021 (down 54% YoY).
Progressive Packers Movers has 2 current directors:
- Chhotelal Yadav - Additional Director
- Manoj Upadhyay - Additional Director
Progressive Packers Movers reported a net profit of ₹5,476 (net margin 0.6%) and EBITDA of ₹17,531 (EBITDA margin 1.9%) for FY 2021, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Progressive Packers Movers is -22% over three years. In the latest year (FY 2021) revenue fell 54%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Progressive Packers Movers is 27AAGCP3243H1ZG, registered in Maharashtra.
The CIN (Corporate Identification Number) of Progressive Packers Movers is U74120MH2011PTC223055. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Progressive Packers Movers was incorporated on 15 October 2011, making it 15+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Progressive Packers Movers by revenue are Pefmovers Private Limited, M-Agarwal Packers and Movers Private Limited, Suvam Packers and Movers Private Limited, Bade Bhaiya Packers and Movers Private Limited, Sri Ganga Packers & Movers International Private Limited and 5 more, all in the Transport and Logistics industry (Packers and Movers).
Manoj Upadhyay was appointed as Additional Director on 29 Dec 2021. Sarita Manoaj Upadhyay ceased to be Director on 29 Dec 2021. Chhotelal Yadav was appointed as Additional Director on 15 Dec 2021. Progressive Packers Movers has 6 board changes on record in total.
Progressive Packers Movers can be reached through the website progressivepacker.com. Its registered office is in Thane, Maharashtra, India.