About Progressive Storage Solutions Private Limited
Data last updated:
Progressive Storage Solutions Private Limited is a private limited company based in Aurangabad, Maharashtra, India. It operates in the industrial tools and components segment of the machinery and industrial equipment sector. It was incorporated on 24 February 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U36101MH2015PTC262223. Its GSTIN is 27AAICP0282C1ZN (Maharashtra).
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.25 Cr. It is led by directors including Anslem Philip Coates and Elvis Philip Coates.
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 Gut No.24 Near Hp Petrol Pump At. Post. Dhoregaon Pune – Aurangabad Roa, D, Maharashtra, India – 431133.
As per the financials filed for FY 2025, the company reported a revenue of ₹5.05 Cr, a decline of 23% compared to the previous year. For the same year it recorded a net profit of ₹1.74 Lakh (net margin 0.3%) and EBITDA of ₹22.89 Lakh (EBITDA margin 4.5%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 8% over five years.
The company has about 6 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹5.49 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website progressivess.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressGut No.24 Near Hp Petrol Pump At. Post. Dhoregaon Pune – Aurangabad Roa, D, Maharashtra, India – 431133
- IndustryMachinery and Equipment, Industrial Tools & Components, Industrial Machinery Manufacturing
- 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 Storage Solutions Private Limited
The main business activity of Progressive Storage Solutions is manufacturing. In detail, this covers metal and metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | 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 Storage Solutions Private Limited FY 2025 filings available
Progressive Storage Solutions Private Limited reported revenue of ₹5.05 Cr (down 23% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Progressive Storage Solutions Private Limited
Revenue fell 23% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 8%. EBITDA fell 14% 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 Storage Solutions Private Limited
| 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 | ₹22.89 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.74 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 Storage Solutions Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.3% | •••• | •••• | •••• | •••• |
| 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 Storage Solutions 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 Storage Solutions Private Limited
Progressive Storage Solutions Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Industrial Products Manufacturers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Flexiflow Industries Private Limited | ₹5.06 Cr (FY 2025) | •••• | •••• | 3.0% | •••• | Mumbai, Maharashtra, India |
| Supreme Extrumac Private Limited | ₹5.06 Cr (FY 2024) | •••• | •••• | 212.0% | •••• | Dascroi, Gujarat, India |
| Vedika Machinery Private Limited | ₹5.05 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Kolkata, West Bengal, India |
| Atlas Composites Private Limited | ₹5.05 Cr (FY 2025) | •••• | •••• | 119.0% | •••• | Vadodara, Gujarat, India |
| Damal Industries Private Limited | ₹5.05 Cr (FY 2025) | •••• | •••• | •••• | Faridabad, Haryana, India | |
| Progressive Storage Solutions Private Limited this company | ₹5.05 Cr (FY 2025) | •••• | •••• | -23.0% | •••• | Aurangabad, Maharashtra, India |
| Adon Equipments Private Limited | ₹5.05 Cr (FY 2024) | •••• | •••• | 39.0% | •••• | Ahmedabad, Gujarat, India |
| Jr Automation Technology Private Limited | ₹5.04 Cr (FY 2025) | •••• | •••• | 52.0% | •••• | Gandhinagar, Gujarat, India |
| Medicure Solutions India Private Limited | ₹5.04 Cr (FY 2024) | •••• | •••• | 139.0% | •••• | Delhi, India |
| Shivammicrotech CNC Private Limited | ₹5.03 Cr (FY 2025) | •••• | •••• | 52.0% | •••• | Rajkot, Gujarat, India |
| Integral Alpha Private Limited | ₹5.02 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | Belgaum, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Progressive Storage Solutions by revenue in the Machinery and Equipment industry (Industrial Products Manufacturers), 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 Storage Solutions Private Limited
Progressive Storage Solutions Private Limited is audited by ANIL R. BORA & CO. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| ANIL R. BORA & 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 Storage Solutions Private Limited
Progressive Storage Solutions has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anslem Philip Coates | Director | 24 Feb 2015 | 11 Years 7 Months | Current |
| Elvis Philip Coates | Director | 24 Feb 2015 | 11 Years 7 Months | Current |
| Geralo Philip Coates | Director | 24 Feb 2015 | 11 Years 7 Months | Current |
Ownership and Shareholding of Progressive Storage Solutions 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 Storage Solutions Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 Jun 2023 | The Jalgaon Peoples Co-Op Bank Limited | ₹24 Lakh | Open |
| 29 Sep 2021 | The Jalgaon Peoples Co-Op Bank Limited | ₹50 Lakh | Open |
| 25 Sep 2020 | The Jalgaon Peoples Co-Op Bank Limited | ₹11 Lakh | Open |
| 28 Feb 2020 | The Jalgaon Peoples Co-Op Bank Limited | ₹49 Lakh | Open |
| 24 Nov 2017 | The Jalgaon Peoples Co-Op Bank Limited | ₹90 Lakh | Open |
Total charge records: 6 View all charges
Legal Cases of Progressive Storage Solutions Private Limited
Progressive Storage Solutions Private Limited has 2 court cases on record: 2 filed by Progressive Storage Solutions. All cases are pending. Status as checked on 02 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 2 |
Cases on record (1 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Aurangabad, Maharashtra | Civil suit | Filed by the company against an individual | Pending |
Full case history
All 2 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.
MSME Payment Delays by Progressive Storage Solutions Private Limited
Progressive Storage Solutions Private Limited has 11 MSME Form 1 returns on record between 2019 and 2024, listing 50 overdue payments to 10 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 10)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Zigma Paints Pvt Ltd | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Unikorn Coatings Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 11 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Progressive Storage Solutions Private Limited
Progressive Storage Solutions Private Limited has a workforce of 6 employees as of Apr 06, 2024.
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 Storage Solutions Private Limited
Progressive Storage Solutions Private Limited has 3 board changes on record since 2015: 3 appointments. The latest: Anslem Philip Coates was appointed as Director on 24 Feb 2015.
3 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Progressive Storage Solutions 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.
Subsidiaries & Group Companies of Progressive Storage Solutions 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 Storage Solutions Private Limited
Progressive Storage Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAICP0282C1ZN | 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 Storage Solutions 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 Storage Solutions Private Limited
Progressive Storage Solutions is an active private limited company based in Aurangabad, Maharashtra, India. The company works in industrial tools and components, within the machinery and equipment industry. It was incorporated on 24 February 2015 (11+ years old) and is registered under CIN U36101MH2015PTC262223.
Progressive Storage Solutions reported revenue of ₹5.05 Cr for FY 2025 (down 23% YoY).
Progressive Storage Solutions has 3 current directors:
- Anslem Philip Coates - Director
- Elvis Philip Coates - Director
- Geralo Philip Coates - Director
Progressive Storage Solutions reported a net profit of ₹1.74 Lakh (net margin 0.3%) and EBITDA of ₹22.89 Lakh (EBITDA margin 4.5%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Progressive Storage Solutions is 8% over three years and 8% over five years. In the latest year (FY 2025) revenue fell 23%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Progressive Storage Solutions is 27AAICP0282C1ZN, registered in Maharashtra.
The CIN (Corporate Identification Number) of Progressive Storage Solutions is U36101MH2015PTC262223. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Progressive Storage Solutions has 2 court cases on record: 2 filed by the company. 2 are pending.
Progressive Storage Solutions was incorporated on 24 February 2015, making it 11+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Progressive Storage Solutions by revenue are Flexiflow Industries Private Limited, Supreme Extrumac Private Limited, Vedika Machinery Private Limited, Atlas Composites Private Limited, Damal Industries Private Limited and 5 more, all in the Machinery and Equipment industry (Industrial Products Manufacturers).
Anslem Philip Coates was appointed as Director on 24 Feb 2015. Elvis Philip Coates was appointed as Director on 24 Feb 2015. Geralo Philip Coates was appointed as Director on 24 Feb 2015.
Progressive Storage Solutions has 11 MSME Form 1 returns on record between 2019 and 2024, listing 50 overdue payments to 10 micro and small suppliers. The latest return was filed on 01 May 2024.