Progressive Timber Private Limited Company Logo

Progressive Timber Private Limited - Company Profile

It is a metals and minerals private limited company based in Mumbai, Maharashtra, India, established in 2008.

2008 | Mumbai, Maharashtra, India | Active
Last Updated:

About Progressive Timber Private Limited

Progressive Timber Private Limited, a active private limited company, was established on 03 October 2008 in Mumbai, Maharashtra, India. Engaging in construction materials retail & distribution within the trade sector, it holds CIN: U51431MH2008PTC187258. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹1.00 Cr and a paid-up capital of ₹10.00 K .

It upholds a compliant status. Its leadership includes Michael Yunus Baluwala (Director), Abbas Yakub Baluwala (Director), Yunus Kalimuddin Baluwala (Managing Director). Past directors included Ishak Kalimuddin Baluwala. It holds ₹1.00 Cr open charges and no settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Plot No: 5, Mahim Rati Bunder, Opp: Mahim Bus Depot, Causeway, Mahim, Mumbai, Maharashtra, 400016.

Company Details

  • CIN/LLPIN

    U51431MH2008PTC187258

  • Registration Number

    187258

  • Incorporation Date

    03 October 2008

  • Authorized Capital

    ₹1.00 Cr

  • Paid-Up Capital

    ₹10.00 K

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 10.00 K
  • Company Age 17 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.00 Cr
  • Revenue Growth 39.45%
  • Profit Growth 48.68%
  • Ebitda 118.60%
  • Net Worth 8.87%
  • Total Assets 8.91%
Company report

Progressive Timber Private Limited

Company Report FY 2025-2026

Explore comprehensive insights into Progressive Timber Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Progressive Timber Private Limited?

Current Directors

NameDesignationAppointment DateStatus
Michael Yunus BaluwalaDirector03 Oct 2008Current
Abbas Yakub BaluwalaDirector03 Oct 2008Current
Yunus Kalimuddin BaluwalaManaging Director03 Oct 2008Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector30 Oct 2013Past

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Financial Performance of Progressive Timber.

Progressive Timber Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 39.45% increase. The company also saw a substantial improvement in profitability, with a 48.68% increase in profit. The company's net worth moved up by a moderate rise of 8.87%.

Progressive Timber revenue growth over time
Progressive Timber profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
39.45%
Revenue from Operations
40.06%
Total Assets
8.91%
Profit or Loss
48.68%
Net Worth
8.87%
EBITDA
118.60%

What is the Ownership and Shareholding Structure of Progressive Timber?

Unlock access to Progressive Timber's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

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Charges (Loans)

Open Charges

₹10,000,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Dena Bank : 1.00 Cr

Latest Charge Details

DateLenderAmountStatus
31 Jan 2009Dena Bank₹1.00 CrOpen

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How Many Employees Work at Progressive Timber?

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Employee growth trends for Progressive Timber Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Progressive Timber, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Progressive Timber's trajectory.

Rating

Graph displaying rating trends over time

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Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Progressive Timber

Recent Activity within the Organization

  • Annual General Meeting

    Progress on Progressive Timber Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was documented.

  • Balance Sheet

    Progress on Progressive Timber Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai. was documented.

  • Charges

    The activity A charge with Dena Bank of Rs. 1.00 Cr registered on 31 Jan 2009 with Charge ID 10144906 was modified on 22 Jun 2010. was completed.

  • Charges

    Progress on A charge with Dena Bank amounted to Rs. 1.00 Cr with Charge ID 10144906 was registered on 31 Jan 2009. was documented.

  • Director Appointment

    Progress on Michael Yunus Baluwala was appointed as a Director was appointed as a Director on 03 Oct 2008 & has been associated with this company since 17 years 1 month . was documented.

  • Director Appointment

    The activity Abbas Yakub Baluwala was appointed as a Director was appointed as a Director on 03 Oct 2008 & has been associated with this company since 17 years 1 month . was completed.

Frequently Asked Questions

  • What is the CIN of Progressive Timber Private Limited?

    The CIN of Progressive Timber Private Limited is U51431MH2008PTC187258.

  • Where is Progressive Timber Private Limited headquartered?

    Progressive Timber Private Limited is headquartered at Plot No: 5, Mahim Rati Bunder, Opp: Mahim Bus Depot, Causeway, Mahim, Mumbai, Maharashtra, 400016.

  • When was Progressive Timber Private Limited incorporated?

    Progressive Timber Private Limited was incorporated on 03 October 2008.

  • Who are the current directors of Progressive Timber Private Limited?

    The current directors of Progressive Timber Private Limited are

  • What is the primary industry of Progressive Timber Private Limited?

    The primary industry of Progressive Timber Private Limited is Trade.

  • Is Progressive Timber Private Limited a listed company?

    Progressive Timber Private Limited is unlisted.

  • What is the capital structure of Progressive Timber Private Limited?

    The authorized capital of Progressive Timber Private Limited is ₹1.00 Cr, and the paid-up capital is ₹10.00 K .

  • What is the compliance status of Progressive Timber Private Limited?

    The compliance status of Progressive Timber Private Limited is Compliant.

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