Progressive Services Ltd
About Progressive Services Ltd
Data last updated:
Progressive Services Ltd is a public limited company based in West Bengal, India. It operates in the non-banking financial services (NBFC) segment of the finance and insurance sector. It was incorporated on 18 August 1983 and has been in existence for over 43 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN L51909WB1983PLC047820. It is a listed company.
The company has an authorised share capital of ₹2.28 Cr and a paid-up capital of ₹1.99 Cr.
Its last annual general meeting (AGM) was held on 28 September 2018, and its latest financial statements are for the year ended 27 October 2018. The registered office is at 53C Mirza Ghalib Street Kolkata India, West Bengal, India – 720001.
As per the financials filed for FY 2017, the company reported a revenue of ₹42.68 Lakh. For the same year it recorded a net profit of ₹3.06 Lakh (net margin 7.2%) and EBITDA of ₹11.26 Lakh (EBITDA margin 26.4%).
Court records list 4 cases involving the company, including 4 filed by the company; 1 case is pending.
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- Registered Address53C Mirza Ghalib Street Kolkata India, West Bengal, India – 720001
- IndustryFinance and Insurance, NBFC
- 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 Services Ltd FY 2018 filings available
Progressive Services Ltd reported revenue of ₹42.68 Lakh for FY 2017.
Financial Statement Summary of Progressive Services Ltd
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• |
| Total Revenue | ₹42.68 Lakh | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• |
| EBITDA | ₹11.26 Lakh | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | ₹3.06 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 Services Ltd
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 26.4% | •••• | •••• |
| Net Profit Margin | 7.2% | •••• | •••• |
| 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 | •••• | •••• | •••• |
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 Services 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.
Board of Directors of Progressive Services Ltd
Progressive Services has 1 former director on record and no current directors listed.
Auditor Details of Progressive Services Ltd
Progressive Services Ltd is audited by PATNI & CO for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| PATNI & 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.
Ownership and Shareholding of Progressive Services 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 Services Ltd
Progressive Services Ltd does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Progressive Services Ltd
Progressive Services Ltd has 4 court cases on record: 4 filed by Progressive Services. 1 case is pending and 3 are disposed. Status as checked between 29 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 0 | 0 |
| District courts | 1 | 0 | 1 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Calcutta High Court | Company petition | Filed by the company against Greetings Vinimay Private Limited | Disposed |
| District court, South Twenty Four Parganas, West Bengal | Civil suit | Filed by the company against an individual | Pending |
| Calcutta High Court | Writ petition | Filed by the company against Kolkata Municipal Corporation & Ors | Disposed |
| Calcutta High Court | Appeal | Filed by the company against Blitag & Company Pvt. Ltd | Disposed |
Full case history
All 4 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 Services Ltd
Employment history and EPFO contributions of people linked to Progressive Services.
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 Services Ltd
Credit Ratings, Litigation & Regulatory Alerts for Progressive Services 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 Services 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 Services 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 Services Ltd
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 Services 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 Services Ltd
Progressive Services is an active public limited company based in West Bengal, India. The company works in nbfc, within the finance and insurance industry. It was incorporated on 18 August 1983 (43+ years old) and is registered under CIN L51909WB1983PLC047820.
Progressive Services reported revenue of ₹42.68 Lakh for FY 2017.
Progressive Services reported a net profit of ₹3.06 Lakh (net margin 7.2%) and EBITDA of ₹11.26 Lakh (EBITDA margin 26.4%) for FY 2017, as per its filed financial statements.
The CIN (Corporate Identification Number) of Progressive Services is L51909WB1983PLC047820. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes, Progressive Services is a listed company.
Progressive Services has 4 court cases on record: 4 filed by the company. 1 is pending. Most are in the high courts.
Progressive Services was incorporated on 18 August 1983, making it 43+ years old. It is registered with the Registrar of Companies, Kolkata.
The registered office of Progressive Services is at 53C Mirza Ghalib Street Kolkata India, West Bengal, India – 720001.
Progressive Services has an authorised share capital of ₹2.28 Cr and a paid-up capital of ₹1.99 Cr.