Progressive Technical Education Private Limited
About Progressive Technical Education Private Limited
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Progressive Technical Education Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the k-12 and higher education institutions segment of the education sector. It was incorporated on 13 April 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U80302MH2005PTC152626. Its GSTIN is 27AAECP3270G1ZH (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Vaibhav Suresh Joshi (Managing Director) and Suresh Narayan Joshi.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Narayan Niwas 99 Bhavanishankar Road Dadar (W), Mumbai, Maharashtra, India – 400028.
As per the financials filed for FY 2024, the company reported a revenue of ₹22.72 Lakh, a growth of 16% compared to the previous year. For the same year it recorded a net profit of ₹1.34 Lakh (net margin 5.9%) and EBITDA of ₹2.14 Lakh (EBITDA margin 9.4%). Revenue has grown at a compounded annual rate (CAGR) of 50% over three years and 5% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Progressive Technical Education Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNarayan Niwas 99 Bhavanishankar Road Dadar (W), Mumbai, Maharashtra, India – 400028
- IndustryEducation, K-12 & Higher Education Institutions
To see the full contact details of Progressive Technical Education Private Limited, buy the company report.
- 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
Business activity
The main business activity of Progressive Technical Education is education. In detail, this covers higher education, technical & vocational education.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| P | Education | P2 | Higher education, technical & vocational education |
To see the full business activity and turnover split of Progressive Technical Education Private Limited, buy the company report.
Financials of Progressive Technical Education Private Limited
FY 2024 filings availableProgressive Technical Education Private Limited reported revenue of ₹22.72 Lakh (up 16% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 5% over five years, including 16% growth in the latest year. EBITDA fell 17% 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹2.14 Lakh | ||||
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| Net Profit (PAT) | ₹1.34 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 9.4% | ||||
| Net Profit Margin | 5.9% | ||||
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To see the full financial statements and ratios of Progressive Technical Education Private Limited, buy the company report.
Board of directors of Progressive Technical Education Private Limited
Progressive Technical Education has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vaibhav Suresh Joshi | Managing Director | 13 Apr 2005 | 21 Years 6 Months | Current |
| Suresh Narayan Joshi | Director | 13 Apr 2005 | 21 Years 6 Months | Current |
Auditor
Progressive Technical Education Private Limited is audited by ST DESHPANDDE AND CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ST DESHPANDDE AND CO | FY 2023 | 035774 |
Shareholding
The shareholding of Progressive Technical Education Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Progressive Technical Education Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Progressive Technical Education Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Progressive Technical Education Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Progressive Technical Education has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECP3270G1ZH | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Progressive Technical Education Private Limited, buy the company report.
Recent activity
Progressive Technical Education Private Limited has 3 board changes on record since 2005: 2 appointments and 1 cessation. The latest: Vaibhav Suresh Joshi ceased to be Director on 01 Jun 2016.
Frequently asked questions
Progressive Technical Education is an active private limited company based in Mumbai, Maharashtra, India. The company works in k-12 and higher education institutions, within the education industry. It was incorporated on 13 April 2005 (21+ years old) and is registered under CIN U80302MH2005PTC152626.
Progressive Technical Education has 2 current directors:
- Vaibhav Suresh Joshi - Managing Director
- Suresh Narayan Joshi - Director
The latest financial statements of Progressive Technical Education on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Progressive Technical Education is 27AAECP3270G1ZH, registered in Maharashtra.
The CIN (Corporate Identification Number) of Progressive Technical Education is U80302MH2005PTC152626. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Progressive Technical Education was incorporated on 13 April 2005, making it 21+ years old. It is registered with the Registrar of Companies, Mumbai.
Vaibhav Suresh Joshi ceased to be Director on 01 Jun 2016. Suresh Narayan Joshi was appointed as Director on 13 Apr 2005. Vaibhav Suresh Joshi was appointed as Managing Director on 13 Apr 2005.
The registered office of Progressive Technical Education is at Narayan Niwas 99 Bhavanishankar Road Dadar W, Mumbai, Maharashtra, India – 400028.
Progressive Technical Education operates in the education industry, in the k-12 and higher education institutions segment.
The compliance status of Progressive Technical Education is compliant as of 19 July 2026. The company is actively filing with the Registrar of Companies.
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