DPIIT recognised startup Government of India
Startup India
Progressive Professional Laboratories Private Limited
Progressive Professional Laboratories Private Limited - healthcare in Navi Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹3.07 Cr
▲ 84% YoY
Net loss · FY 2024
₹74.48 Lakh
Net margin -24.2%
EBITDA · FY 2024
-₹62.63 Lakh
EBITDA margin -20.4%
Authorised capital
₹1.5 Cr
Registered with MCA
Paid-up capital
₹1.1 Cr
Issued & subscribed
Company age
4 yrs
Est. 2022
Employees · EPFO
30
Provident fund records
Directors on board
5
As per MCA filings
About Progressive Professional Laboratories Private Limited
Data last updated:
Progressive Professional Laboratories Private Limited is a private limited company based in Navi Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It operates in the diagnostic centers and pathology labs segment of the healthcare sector. It was incorporated on 21 April 2022.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U85300MH2022PTC381050.
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.1 Cr. It is led by directors including Prashant Hanmantrao Basapure and Manoj Panchdeo Gautam.
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 Office No. 0039 L – Wing Akshar Business Park Vashi, Navi Mumbai, Maharashtra, India – 400703.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.07 Cr, a growth of 84% compared to the previous year. For the same year it recorded a net loss of ₹74.48 Lakh (net margin -24.2%) and EBITDA of -₹62.63 Lakh (EBITDA margin -20.4%).
The company has about 30 employees on its provident fund (EPFO) records.
Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending.
Progressive Professional Laboratories Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0203961).
Company details
CIN U85300MH2022PTC381050
Registration Number 381050
Incorporation Date 21 April 2022
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-MH-33-0203961
Key People
Prashant Hanmantrao Basapure Director Manoj Panchdeo Gautam Director Santosh Kumar Gokulrao Vanave Director Recognitions & Rankings of Progressive Professional Laboratories
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2021-22)
- Udyam number
- UDYAM-MH-33-0203961
Contact details
Progressive Professional Laboratories Private Limited's registered office is in Navi Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressOffice No. 0039 L – Wing Akshar Business Park Vashi, Navi Mumbai, Maharashtra, India – 400703
- IndustryHealthcare, Diagnostic Centers & Pathology Labs
To see the full contact details of Progressive Professional Laboratories Private Limited, buy the company report.
Comprehensive company report
Progressive Professional Laboratories Private Limited - one report that includes everything
- 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
The main business activity of Progressive Professional Laboratories is human health and social work activities. In detail, this covers human health activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| Q | Human health and social work activities | 86 | Human health activities |
To see the full business activity and turnover split of Progressive Professional Laboratories Private Limited, buy the company report.
Financials of Progressive Professional Laboratories Private Limited
FY 2025 filings availableProgressive Professional Laboratories Private Limited reported revenue of ₹3.07 Cr (up 84% YoY) for FY 2024.
Revenue · FY 2024
₹3.07 Cr ▲ 84%
Net loss · FY 2024
₹74.48 Lakh margin -24.2%
EBITDA · FY 2024
-₹62.63 Lakh margin -20.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 84%
EBITDA CAGR growth
1 year
▲ 28%
Revenue rose 84% in the latest year. EBITDA rose 28% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 |
|---|---|---|
| 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 | -₹62.63 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹74.48 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
| Metrics | FY 2023-24 | FY 2022-23 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -20.4% | |
| Net Profit Margin | -24.2% | |
| 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 | ||
To see the full financial statements and ratios of Progressive Professional Laboratories Private Limited, buy the company report.
Board of directors of Progressive Professional Laboratories Private Limited
Progressive Professional Laboratories has 5 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prashant Hanmantrao Basapure Also directs: Accuspring Healthcare Private Limited | Director | 21 Apr 2022 | 4 Years 6 Months | Current |
| Manoj Panchdeo Gautam | Director | 21 Apr 2022 | 4 Years 6 Months | Current |
| Santosh Kumar Gokulrao Vanave Also directs: Redcell Life Sciences LLP | Director | 29 Oct 2024 | 2 Years 0 Months | Current |
| Birudev Narayan Gorad | Director | 29 Oct 2024 | 2 Years 0 Months | Current |
| Ashish Agrahari Also directs: Spot-On Healthcare LLP, Medsmark Health Solutions LLP | Director | 29 Oct 2024 | 2 Years 0 Months | Current |
Peer comparison
Progressive Professional Laboratories Private Limited is compared with the 5 companies closest to it by revenue in the Healthcare industry (Diagnostics and Pathology Labs), with the same principal business activity (human health activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ginza International Pvt Ltd | ₹3.1 Cr (FY 2025) | 3.0% | Kolkata, West Bengal, India | |||
| Sapan Saurabh Diagnostics Private Limited | ₹3.1 Cr (FY 2025) | 8.0% | Bhopal, Madhya Pradesh, India | |||
| Progressive Professional Laboratories Private Limitedthis company | ₹3.07 Cr (FY 2024) | -₹74.48 Lakh | -24.2% | 84.0% | Navi Mumbai, Maharashtra, India | |
| Precise Teleradiology365 Private Limited | ₹3.04 Cr (FY 2023) | 2.0% | Noida, Uttar Pradesh, India | |||
| Goalbert Diagnostics Private Limited | ₹3.02 Cr (FY 2025) | 64.0% | Bhopal, Madhya Pradesh, India | |||
| Medicate Healthcare Private Limited | ₹3.01 Cr (FY 2025) | 6.0% | Howrah, West Bengal, India |
To see the full peer comparison of Progressive Professional Laboratories Private Limited, buy the company report.
Auditor
Progressive Professional Laboratories Private Limited is audited by E. A. Patil & Associates LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| E. A. Patil & Associates LLP | FY 2023 | 117371W |
Shareholding
The shareholding of Progressive Professional Laboratories Private Limited is on record for FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Progressive Professional Laboratories Private Limited, buy the company report.
Legal cases
Progressive Professional Laboratories Private Limited has 1 court case on record: 1 filed by Progressive Professional Laboratories. All case is pending.
Total cases
1
Filed by the company
1
Pending
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thane, Maharashtra | Civil suit | Filed by the company against an individual | Pending |
To see the full case history of Progressive Professional Laboratories Private Limited, buy the company report.
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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Progressive Professional Laboratories Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Progressive Professional Laboratories Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Progressive Professional Laboratories Private Limited has 9 board changes on record since 2022: 6 appointments and 3 cessations. The latest: Ashish Agrahari was appointed as Director on 29 Oct 2024.
AGM
Progressive Professional Laboratories Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Progressive Professional Laboratories Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Appointed
Ashish Agrahari was appointed as Director.
Appointed
Ashish Agrahari was appointed as Director.
Appointed
Birudev Narayan Gorad was appointed as Director.
Appointed
Santosh Kumar Gokulrao Vanave was appointed as Director.
Ceased
Ajinkya Chandrarashekhar Bangar ceased to be Director.
Ceased
Meenal Kiran Godse ceased to be Director.
Ceased
Leena Kuldip Gajbar ceased to be Director.
Appointed
Manoj Panchdeo Gautam was appointed as Director.
Appointed
Prashant Hanmantrao Basapure was appointed as Director.
Incorporation
21 Apr 2022
Progressive Professional Laboratories Private Limited was registered on 21 Apr 2022 with Roc Mumbai & aged 4 years 6 months as per MCA records.
Frequently asked questions
Progressive Professional Laboratories is an active private limited company based in Navi Mumbai, Maharashtra, India. The company works in diagnostic centers and pathology labs, within the healthcare industry. It was incorporated on 21 April 2022 (4+ years old) and is registered under CIN U85300MH2022PTC381050.
Progressive Professional Laboratories has 5 current directors:
- Prashant Hanmantrao Basapure - Director
- Manoj Panchdeo Gautam - Director
- Santosh Kumar Gokulrao Vanave - Director
- Birudev Narayan Gorad - Director
- Ashish Agrahari - Director
The latest financial statements of Progressive Professional Laboratories on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2023 are in the company report.
The CIN (Corporate Identification Number) of Progressive Professional Laboratories is U85300MH2022PTC381050. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Progressive Professional Laboratories has 1 court case on record: 1 filed by the company. 1 is pending.
Progressive Professional Laboratories was incorporated on 21 April 2022, making it 4+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Progressive Professional Laboratories by revenue are Ginza International Pvt Ltd, Sapan Saurabh Diagnostics Private Limited, Precise Teleradiology365 Private Limited, Goalbert Diagnostics Private Limited, Medicate Healthcare Private Limited, all in the Healthcare industry (Diagnostics and Pathology Labs), with the same principal business activity (human health activities).
Ashish Agrahari was appointed as Director on 29 Oct 2024. Ashish Agrahari was appointed as Director on 29 Oct 2024. Birudev Narayan Gorad was appointed as Director on 29 Oct 2024. Progressive Professional Laboratories has 9 board changes on record in total.
Yes, Progressive Professional Laboratories is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Progressive Professional Laboratories is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-33-0203961).
The registered office of Progressive Professional Laboratories is at Office No. 0039 L – Wing Akshar Business Park Vashi, Navi Mumbai, Maharashtra, India – 400703.
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