About Progressiverx Pharma Operations Private Limited
Data last updated:
Progressiverx Pharma Operations Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the pharmaceutical retail and distribution segment of the pharmaceuticals sector. It was incorporated on 25 September 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U51109KA2008PTC047849. Its GSTIN is 29AAECP8196K1ZL (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Hayden David Hamilton and Edukula Venkatesh Umadevi.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.47 Cr, a decline of 7% compared to the previous year. For the same year it recorded a net profit of ₹7.2 Lakh (net margin 2.9%) and EBITDA of ₹10.77 Lakh (EBITDA margin 4.3%). Revenue has declined at a compounded annual rate (CAGR) of 8% over three years and 1% over five years.
As per MCA filings, the company has open charges of ₹25 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website progressiverxindia.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address63/2 New No.6/4 Ground Floor Gurumurthappa Compound 6th Cross Shakambarinagar Sarak, Ki Main Rd, Bangalore, Karnataka, India – 560078
- IndustryPharma, Pharmaceutical Retailers & Distributors
- 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 Progressiverx Pharma Operations Private Limited
The main business activity of Progressiverx Pharma Operations is trade. In detail, this covers retail trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | 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 Progressiverx Pharma Operations Private Limited FY 2025 filings available
Progressiverx Pharma Operations Private Limited reported revenue of ₹2.47 Cr (down 7% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Progressiverx Pharma Operations Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 1% over five years, including a 7% fall in the latest year. EBITDA fell 45% 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 Progressiverx Pharma Operations 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 | ₹10.77 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹7.2 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 Progressiverx Pharma Operations Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.9% | •••• | •••• | •••• | •••• |
| 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 Progressiverx Pharma Operations 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 Progressiverx Pharma Operations Private Limited
Progressiverx Pharma Operations Private Limited is compared with the companies closest to it by revenue in the Pharma industry (Pharma Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| N. V. Lifecare Private Limited | ₹2.49 Cr (FY 2017) | •••• | •••• | 12.0% | •••• | Ahmedabad, Gujarat, India |
| Hitechwire Mesh Private Limited | ₹2.49 Cr (FY 2024) | •••• | •••• | 36.0% | •••• | Jaipur, Rajasthan, India |
| Roy & Son Medical Stores Private Limited | ₹2.49 Cr (FY 2025) | •••• | •••• | 50.0% | •••• | Kolkata, West Bengal, India |
| Careus Pharmaceutical Private Limited | ₹2.49 Cr (FY 2024) | •••• | •••• | -8.0% | •••• | Kashipur, Uttarakhand, India |
| Cute Care Life Sciences Private Limited | ₹2.48 Cr (FY 2025) | •••• | •••• | 0.0% | •••• | New Delhi, Delhi, India |
| Progressiverx Pharma Operations Private Limited this company | ₹2.47 Cr (FY 2025) | •••• | •••• | -7.0% | •••• | Bangalore, Karnataka, India |
| Vitalis Lifecare Private Limited | ₹2.47 Cr (FY 2025) | •••• | •••• | •••• | Ahmedabad, Gujarat, India | |
| Advent Lifesciences Private Limited | ₹2.47 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Nashik, Maharashtra, India |
| Vivalavita Pharmaceuticals Private Limited | ₹2.47 Cr (FY 2025) | •••• | •••• | 0.0% | •••• | Mumbai, Maharashtra, India |
| Krish Care Remedys Private Limited | ₹2.47 Cr (FY 2024) | •••• | •••• | 12.0% | •••• | Erode, Tamil Nadu, India |
| Esenthiaa Biotech Private Limited | ₹2.47 Cr (FY 2025) | •••• | •••• | 1041.0% | •••• | Delhi, India |
Peers are the five companies nearest above and the five nearest below Progressiverx Pharma Operations by revenue in the Pharma industry (Pharma Retail and Distribution), 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 Progressiverx Pharma Operations Private Limited
Progressiverx Pharma Operations Private Limited is audited by K N RAMACHANDRAN & CO for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| K N RAMACHANDRAN & 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 Progressiverx Pharma Operations Private Limited
Progressiverx Pharma Operations has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hayden David Hamilton Also directs: Greenprint Technologies Private Limited | Director | 25 Sep 2008 | 18 Years 0 Months | Current |
| Edukula Venkatesh Umadevi | Director | 25 Sep 2008 | 18 Years 0 Months | Current |
Ownership and Shareholding of Progressiverx Pharma Operations 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 Progressiverx Pharma Operations Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Nov 2021 | Others | ₹25 Lakh | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Progressiverx Pharma Operations Private Limited
Employment history and EPFO contributions of people linked to Progressiverx Pharma Operations.
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 Progressiverx Pharma Operations Private Limited
Progressiverx Pharma Operations Private Limited has 2 board changes on record since 2008: 2 appointments. The latest: Edukula Venkatesh Umadevi was appointed as Director on 25 Sep 2008.
Credit Ratings, Litigation & Regulatory Alerts for Progressiverx Pharma Operations 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 Progressiverx Pharma Operations 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 Progressiverx Pharma Operations 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 Progressiverx Pharma Operations Private Limited
Progressiverx Pharma Operations has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECP8196K1ZL | Karnataka | 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 Progressiverx Pharma Operations 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 Progressiverx Pharma Operations Private Limited
Progressiverx Pharma Operations is an active private limited company based in Bangalore, Karnataka, India. The company works in pharmaceutical retailers and distributors, within the pharma industry. It was incorporated on 25 September 2008 (18+ years old) and is registered under CIN U51109KA2008PTC047849.
Progressiverx Pharma Operations reported revenue of ₹2.47 Cr for FY 2025 (down 7% YoY).
Progressiverx Pharma Operations has 2 current directors:
- Hayden David Hamilton - Director
- Edukula Venkatesh Umadevi - Director
Progressiverx Pharma Operations reported a net profit of ₹7.2 Lakh (net margin 2.9%) and EBITDA of ₹10.77 Lakh (EBITDA margin 4.3%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Progressiverx Pharma Operations is 8% over three years and -1% over five years. In the latest year (FY 2025) revenue fell 7%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Progressiverx Pharma Operations is 29AAECP8196K1ZL, registered in Karnataka.
The CIN (Corporate Identification Number) of Progressiverx Pharma Operations is U51109KA2008PTC047849. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Progressiverx Pharma Operations was incorporated on 25 September 2008, making it 18+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Progressiverx Pharma Operations by revenue are N. V. Lifecare Private Limited, Hitechwire Mesh Private Limited, Roy & Son Medical Stores Private Limited, Careus Pharmaceutical Private Limited, Cute Care Life Sciences Private Limited and 5 more, all in the Pharma industry (Pharma Retail and Distribution).
Edukula Venkatesh Umadevi was appointed as Director on 25 Sep 2008. Hayden David Hamilton was appointed as Director on 25 Sep 2008.
Progressiverx Pharma Operations can be reached through the website progressiverxindia.com. Its registered office is in Bangalore, Karnataka, India.