Progressive Resolutions Private Limited
About Progressive Resolutions Private Limited
Data last updated:
Progressive Resolutions Private Limited is a private limited company based in Thiruvananthapuram, Kerala, India. It operates in the service-based operations segment of the business services sector. It was incorporated on 10 February 2022.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U74999KL2022PTC073924.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Satheesh Kumar Somasundaran Pillai and Hridya Satheesh.
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 Thiruvananthapuram, Kerala.
As per the financials filed for FY 2025, the company reported a revenue of ₹30.66 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹13.69 Lakh (net margin -44.6%) and EBITDA of -₹13.26 Lakh (EBITDA margin -43.2%).
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressTc 82/6163 – 1 Ground Floor, Aditya Building Sahodara Samajam Lane, Thiruvananthapuram, Kerala, India – 695035
- IndustryBusiness Services, Other Services, Miscellaneous Business Activities
- 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 Resolutions Private Limited
The main business activity of Progressive Resolutions is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services | 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 Resolutions Private Limited FY 2025 filings available
Progressive Resolutions Private Limited reported revenue of ₹30.66 Lakh (up 247% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Progressive Resolutions Private Limited
Revenue rose 247% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Progressive Resolutions Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| 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 | -₹13.26 Lakh | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹13.69 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 Resolutions Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -43.2% | •••• | •••• | •••• |
| Net Profit Margin | -44.6% | •••• | •••• | •••• |
| 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 Resolutions are in the company report.
Financial statements from FY 2022
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 Resolutions Private Limited
Progressive Resolutions Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Financial Advisory, brokerage and Consultancy Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| KG Shares Finvest Private Limited | ₹30.81 Lakh (FY 2025) | •••• | •••• | 69.0% | •••• | Delhi, India |
| Ganga Jute Spinning Private Limited | ₹30.79 Lakh (FY 2025) | •••• | •••• | -21.0% | •••• | Kanpur, Uttar Pradesh, India |
| Zentus Consultants Private Limited | ₹30.73 Lakh (FY 2025) | •••• | •••• | 53.0% | •••• | Delhi, India |
| Agro Commodity Private Limited | ₹30.7 Lakh (FY 2025) | •••• | •••• | 10.0% | •••• | Indore, Madhya Pradesh, India |
| Achatz Paiements India Private Limited | ₹30.68 Lakh (FY 2024) | •••• | •••• | 1434.0% | •••• | Hyderabad, Telangana, India |
| Progressive Resolutions Private Limited this company | ₹30.66 Lakh (FY 2025) | •••• | •••• | 247.0% | •••• | Thiruvananthapuram, Kerala, India |
| Great Empire Trading Private Limited | ₹30.66 Lakh (FY 2016) | •••• | •••• | 725.0% | •••• | Ranchi, Jharkhand, India |
| Vasudevmahima Finserv Private Limited | ₹30.63 Lakh (FY 2025) | •••• | •••• | 85.0% | •••• | Jaipur, Rajasthan, India |
| Agrawal Bandhu Shares and Investment Private Limited | ₹30.61 Lakh (FY 2025) | •••• | •••• | 28.0% | •••• | Jabalpur, Madhya Pradesh, India |
| Wallfort International Services Private Limited | ₹30.61 Lakh (FY 2025) | •••• | •••• | 5.0% | •••• | Lucknow, Uttar Pradesh, India |
| Prachetas Advisory Services Private Limited | ₹30.6 Lakh (FY 2025) | •••• | •••• | 30.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Progressive Resolutions by revenue in the same principal business activity (Financial Advisory, brokerage and Consultancy Services), 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 Resolutions Private Limited
Progressive Resolutions has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Satheesh Kumar Somasundaran Pillai Also directs: SKS Institute of Banking Studies Private Limited | Director | 10 Feb 2022 | 4 Years 7 Months | Current |
| Hridya Satheesh Also directs: SKS Institute of Banking Studies Private Limited | Director | 10 Feb 2022 | 4 Years 7 Months | Current |
Charges & Borrowings of Progressive Resolutions Private Limited
Progressive Resolutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Progressive Resolutions Private Limited
Employment history and EPFO contributions of people linked to Progressive Resolutions.
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 Resolutions Private Limited
Progressive Resolutions Private Limited has 2 board changes on record since 2022: 2 appointments. The latest: Hridya Satheesh was appointed as Director on 10 Feb 2022.
Credit Ratings, Litigation & Regulatory Alerts for Progressive Resolutions 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 Resolutions 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 Resolutions 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 Resolutions 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 Resolutions 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 Resolutions Private Limited
Progressive Resolutions is an active private limited company based in Thiruvananthapuram, Kerala, India. The company works in other services, within the business services industry. It was incorporated on 10 February 2022 (4+ years old) and is registered under CIN U74999KL2022PTC073924.
Progressive Resolutions reported revenue of ₹30.66 Lakh for FY 2025 (up 247% YoY).
Progressive Resolutions has 2 current directors:
- Satheesh Kumar Somasundaran Pillai - Director
- Hridya Satheesh - Director
Progressive Resolutions reported a net loss of ₹13.69 Lakh (net margin -44.6%) and EBITDA of -₹13.26 Lakh (EBITDA margin -43.2%) for FY 2025, as per its filed financial statements.
The CIN (Corporate Identification Number) of Progressive Resolutions is U74999KL2022PTC073924. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Progressive Resolutions was incorporated on 10 February 2022, making it 4+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Progressive Resolutions by revenue are KG Shares Finvest Private Limited, Ganga Jute Spinning Private Limited, Zentus Consultants Private Limited, Agro Commodity Private Limited, Achatz Paiements India Private Limited and 5 more, all in the same principal business activity (Financial Advisory, brokerage and Consultancy Services).
Hridya Satheesh was appointed as Director on 10 Feb 2022. Satheesh Kumar Somasundaran Pillai was appointed as Director on 10 Feb 2022.
The registered office of Progressive Resolutions is at Tc 826163 – 1 Ground Floor, Aditya Building Sahodara Samajam Lane, Thiruvananthapuram, Kerala, India – 695035.
Progressive Resolutions has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.
Progressive Resolutions operates in the business services industry, in the other services segment.