
Progressives-Cargo House (India) Private Limited
About Progressives-Cargo House (India) Private Limited
Data last updated:
Progressives-Cargo House (India) Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the cargo services segment of the transport and logistics sector. It was incorporated on 07 May 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U63090DL1997PTC087112. Its GSTIN is 07AABCP2625E1ZT (Delhi).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹10.1 Lakh. It is led by directors Raakesh Bhardwaj and Inder Sharma.
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 23/9 First Floor East Patelnagar, New Delhi, Delhi, India – 110008.
As per the financials filed for FY 2025, the company reported a revenue of ₹5.38 Cr, a growth of 36% compared to the previous year. For the same year it recorded a net profit of ₹20.55 Lakh (net margin 3.8%) and EBITDA of ₹39.61 Lakh (EBITDA margin 7.4%). Revenue has declined at a compounded annual rate (CAGR) of 11% over three years and 1% over five years.
As per MCA filings, the company has open charges of ₹25 Lakh and satisfied charges of ₹1.16 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Progressives-Cargo House (India) Private Limited's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address23/9 First Floor East Patelnagar, New Delhi, Delhi, India – 110008
- IndustryTransport and Logistics, Cargo Services, Air Transport Services
To see the full contact details of Progressives-Cargo House (India) 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 Progressives-Cargo House (India) is transportation and storage. In detail, this covers air transport.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transportation and storage | 51 | Air transport |
To see the full business activity and turnover split of Progressives-Cargo House (India) Private Limited, buy the company report.
Financials of Progressives-Cargo House (India) Private Limited
FY 2025 filings availableProgressives-Cargo House (India) Private Limited reported revenue of ₹5.38 Cr (up 36% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 36% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 1%. EBITDA rose 23% 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 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 | ₹39.61 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹20.55 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.4% | ||||
| Net Profit Margin | 3.8% | ||||
| 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 | |||||
To see the full financial statements and ratios of Progressives-Cargo House (India) Private Limited, buy the company report.
Board of directors of Progressives-Cargo House (India) Private Limited
Progressives-Cargo House (India) has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Raakesh Bhardwaj Also directs: Paramarth Pro Growth Products and Solution LLP | Director | 07 May 1997 | 29 Years 6 Months | Current |
| Inder Sharma | Director | 21 Jan 1998 | 28 Years 9 Months | Current |
Auditor
Progressives-Cargo House (India) Private Limited is audited by JERATH & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JERATH & CO | FY 2020 | 008407N |
Shareholding
The shareholding of Progressives-Cargo House (India) Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Progressives-Cargo House (India) Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Mar 2022 | 100551169 | Hdfc Bank Limited | ₹25 Lakh | Open | |
| 18 Jan 2018 | 100149339 | Others | ₹63.52 Lakh | Satisfied | |
| 18 Jan 2001 | 90036325 | Syndicate Bank | ₹52 Lakh | Satisfied |
To see the full charge records of Progressives-Cargo House (India) Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Progressives-Cargo House (India) 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 Progressives-Cargo House (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Progressives-Cargo House (India) has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AABCP2625E1ZT | Delhi | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Progressives-Cargo House (India) Private Limited, buy the company report.
Recent activity
Progressives-Cargo House (India) Private Limited has 2 board changes on record since 1997: 2 appointments. The latest: Inder Sharma was appointed as Director on 21 Jan 1998.
Frequently asked questions
Progressives-Cargo House (India) is an active private limited company based in New Delhi, Delhi, India. The company works in cargo services, within the transport and logistics industry. It was incorporated on 07 May 1997 (29+ years old) and is registered under CIN U63090DL1997PTC087112.
Progressives-Cargo House (India) has 2 current directors:
- Raakesh Bhardwaj - Director
- Inder Sharma - Director
The latest financial statements of Progressives-Cargo House (India) on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Progressives-Cargo House (India) is 07AABCP2625E1ZT, registered in Delhi.
The CIN (Corporate Identification Number) of Progressives-Cargo House (India) is U63090DL1997PTC087112. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Progressives-Cargo House (India) was incorporated on 07 May 1997, making it 29+ years old. It is registered with the Registrar of Companies, Delhi.
Inder Sharma was appointed as Director on 21 Jan 1998. Raakesh Bhardwaj was appointed as Director on 07 May 1997.
The registered office of Progressives-Cargo House (India) is at 239 First Floor East Patelnagar, New Delhi, Delhi, India – 110008.
Progressives-Cargo House (India) operates in the transport and logistics industry, in the cargo services segment.
Progressives-Cargo House (India) has open charges of ₹25 Lakh and satisfied charges of ₹1.16 Cr as per latest MCA filings.

