MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-WB-07-0000331
SLK Progressive Veneer Private Limited - manufacturing in Rajhat, West Bengal, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹7.07 Cr
▼ 41% YoY
Net loss · FY 2024
₹34.95 Lakh
Net margin -4.9%
EBITDA · FY 2024
₹12.06 Lakh
EBITDA margin 1.7%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹47.6 Lakh
Issued & subscribed
Open charges
₹4.5 Cr
Secured borrowings
Company age
19 yrs
Est. 2007
Employees · EPFO
3
Provident fund records
About SLK Progressive Veneer Private Limited
Data last updated:
SLK Progressive Veneer Private Limited is a private limited company based in Rajhat, West Bengal, India. It operates in the wood products and mdf segment of the manufacturing sector. It was incorporated on 05 November 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U51909WB2007PTC120230. Its GSTIN is 19AALCS3145G1Z6 (West Bengal).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹47.6 Lakh. It is led by directors including Megha Kedia and Mohan Lal Patel.
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 Delhi Road Village – Rajhat P.O. Rajhat, West Bengal, India – 712123.
As per the financials filed for FY 2024, the company reported a revenue of ₹7.07 Cr, a decline of 41% compared to the previous year. For the same year it recorded a net loss of ₹34.95 Lakh (net margin -4.9%) and EBITDA of ₹12.06 Lakh (EBITDA margin 1.7%). Revenue has declined at a compounded annual rate (CAGR) of 15% over three years and 6% over five years.
The company has about 3 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: SLK Progressive Veneer and Costaa Woods. As per MCA filings, the company has open charges of ₹4.5 Cr on record. Court records list 4 cases involving the company, including 4 filed by the company; 1 case is pending.
SLK Progressive Veneer Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-WB-07-0000331). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website costaawoods.com.
Company details
CIN U51909WB2007PTC120230
Registration Number 120230
Incorporation Date 05 November 2007
ROC Kolkata
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-WB-07-0000331
Recognitions & Rankings of SLK Progressive Veneer
Contact details
SLK Progressive Veneer Private Limited's registered office is in Rajhat, West Bengal. Its website is costaawoods.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressDelhi Road Village – Rajhat P.O. Rajhat, West Bengal, India – 712123
- IndustryManufacturing, Wood Products & MDF
To see the full contact details of SLK Progressive Veneer Private Limited, buy the company report.
Comprehensive company report
SLK Progressive Veneer Private Limited - one report that includes everything
- 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
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Brands
SLK Progressive Veneer operates two associated brands: SLK Progressive Veneer and Costaa Woods. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Produces plywood, block boards, and flush doors for construction. | slkprogressive.com | |
| Wood products manufacturing and sports infrastructure services across India. | costaawoods.com |
Business activity
The main business activity of SLK Progressive Veneer is manufacturing. In detail, this covers wood and wood products, furniture, paper and paper products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C3 | Wood and wood products, furniture, paper and paper products |
To see the full business activity and turnover split of SLK Progressive Veneer Private Limited, buy the company report.
Financials of SLK Progressive Veneer Private Limited
FY 2024 filings availableSLK Progressive Veneer Private Limited reported revenue of ₹7.07 Cr (down 41% YoY) for FY 2024.
Revenue · FY 2024
₹7.07 Cr ▼ 41%
Net loss · FY 2024
₹34.95 Lakh margin -4.9%
EBITDA · FY 2024
₹12.06 Lakh margin 1.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 41%
3 years · compounded
▼ 15%
5 years · compounded
▼ 6%
EBITDA CAGR growth
1 year
▼ 77%
3 years · compounded
▼ 42%
5 years · compounded
▼ 28%
Revenue has declined at a compounded annual rate (CAGR) of 6% over five years, including a 41% fall in the latest year. EBITDA fell 77% 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 |
|---|---|---|---|---|---|
| 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 | ₹12.06 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹34.95 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.7% | ||||
| Net Profit Margin | -4.9% | ||||
| 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 | |||||
To see the full financial statements and ratios of SLK Progressive Veneer Private Limited, buy the company report.
Board of directors of SLK Progressive Veneer Private Limited
SLK Progressive Veneer has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Megha Kedia | Director | 31 Aug 2023 | 3 Years 2 Months | Current |
| Mohan Lal Patel Also directs: Patco Tech India Private Limited | Director | 05 Nov 2007 | 18 Years 11 Months | Current |
| Vijay Kumar Kedia | Director | 20 Dec 2007 | 18 Years 10 Months | Current |
Peer comparison
SLK Progressive Veneer Private Limited is compared with the 10 companies closest to it by revenue in the Manufacturing industry (Wood, MDF, Particle Board and Plywood), with the same principal business activity (wood and wood products, furniture, paper and paper products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Pasand Plywood Private Limited | ₹7.19 Cr (FY 2024) | -28.0% | New Delhi, Delhi, India | |||
| N R Plywood Private Limited | ₹7.15 Cr (FY 2025) | 81.0% | Hoshiarpur, Punjab, India | |||
| Patel Veneers Private Limited | ₹7.11 Cr (FY 2023) | 28.0% | Ernakulam, Kerala, India | |||
| Shree Laxmi Wooden Furnishers and Interiors Private Limited | ₹7.1 Cr (FY 2024) | -22.0% | Delhi, India | |||
| Doors N Doors Decobuild Private Limited | ₹7.08 Cr (FY 2025) | 38.0% | Udaipur, Rajasthan, India | |||
| SLK Progressive Veneer Private Limitedthis company | ₹7.07 Cr (FY 2024) | -₹34.95 Lakh | -4.9% | -41.0% | 3 | Rajhat, West Bengal, India |
| Aravind Woods Private Limited | ₹7.06 Cr (FY 2020) | -7.0% | Chennai, Tamil Nadu, India | |||
| Rini Particle Boards Private Limited | ₹7.05 Cr (FY 2025) | -55.0% | Morbi, Gujarat, India | |||
| Shree Radhakrishna Plywood Private Limited | ₹7.04 Cr (FY 2025) | 18.0% | Lakhimpur Kheri, Uttar Pradesh, India | |||
| Solo Plywoods Private Limited | ₹7.04 Cr (FY 2022) | 46.0% | Ernakulam, Kerala, India | |||
| Lotus Woodtech Private Limited | ₹7.03 Cr (FY 2024) | 3.0% | New Delhi, Delhi, India |
To see the full peer comparison of SLK Progressive Veneer Private Limited, buy the company report.
Auditor
SLK Progressive Veneer Private Limited is audited by RKRR & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RKRR & ASSOCIATES | FY 2022 | 317151E |
Shareholding
The shareholding of SLK Progressive Veneer 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 SLK Progressive Veneer Private Limited, buy the company report.
Charges & borrowings
Open charges
₹4.5 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Jul 2010 | 10288056 | Others | ₹4.5 Cr | Open |
To see the full charge records of SLK Progressive Veneer Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
SLK Progressive Veneer Private Limited has 4 court cases on record: 4 filed by SLK Progressive Veneer. 1 case is pending and 3 are disposed.
Total cases
4
Filed by the company
4
Pending
1
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 0 | 0 |
| Supreme Court | 1 | 0 | 1 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case | Filed by the company against The State of West Bengal | Pending |
| High Court, UTTARPRADESH | Court case (WTAX) | Filed by the company against State of U.P. and 3 Ors. | Disposed |
| High Court | Writ petition | Filed by the company against State of West Bengal and Ors | Disposed |
| Allahabad High Court | Writ petition | Filed by the company against State of U.P. Thru Prin. Secy. Forest and Anr. | Disposed |
To see the full case history of SLK Progressive Veneer Private Limited, buy the company report.
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.
Credit ratings & regulatory alerts
SLK Progressive Veneer Private Limited was last rated by Crisil on 22 Oct 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 22 Oct 2020 |
To see the full credit ratings and regulatory alerts of SLK Progressive Veneer Private Limited, buy the company report.
MSME payment delays
SLK Progressive Veneer Private Limited has 9 MSME Form 1 returns on record between 2019 and 2023, listing 60 overdue payments to 4 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 (4 of 4)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Hindusthan Adhesive & Chemicals | |||
| an individual supplier | |||
| Deekay Pine Board Private Limited | |||
| an individual supplier |
To see the full MSME payment records of SLK Progressive Veneer Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
SLK Progressive Veneer Private Limited has a workforce of 3 employees on its EPFO records as of Mar 22, 2024, across 1 active EPFO establishment.
Employee count
3
Active EPFO establishments
1
Employee growth
-25%
GST
SLK Progressive Veneer has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AALCS3145G1Z6 | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of SLK Progressive Veneer Private Limited, buy the company report.
Recent activity
SLK Progressive Veneer Private Limited has 6 board changes on record since 2007: 3 appointments and 3 cessations. The latest: Megha Kedia ceased to be Additional Director on 29 Sep 2023.
AGM
Slk Progressive Veneer Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Slk Progressive Veneer Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.
Ceased
Megha Kedia ceased to be Additional Director.
Appointed
Megha Kedia was appointed as Director.
Charges
A charge with Others of Rs. 4.50 Cr registered on 13 Jul 2010 with Charge ID 10288056 was modified on 02 Nov 2021.
Ceased
Dilip Kedia ceased to be Director.
Ceased
Rohit Kedia ceased to be Additional Director.
Charges
A charge with Others amounted to Rs. 4.50 Cr with Charge ID 10288056 was registered on 13 Jul 2010.
Appointed
Vijay Kumar Kedia was appointed as Director.
Appointed
Mohan Lal Patel was appointed as Director.
Incorporation
05 Nov 2007
Slk Progressive Veneer Private Limited was registered on 05 Nov 2007 with Roc Kolkata & aged 18 years 11 months as per MCA records.
Frequently asked questions
SLK Progressive Veneer is an active private limited company based in Rajhat, West Bengal, India. The company works in wood products and mdf, within the manufacturing industry. It was incorporated on 05 November 2007 (19+ years old) and is registered under CIN U51909WB2007PTC120230.
SLK Progressive Veneer has 3 current directors:
- Megha Kedia - Director
- Mohan Lal Patel - Director
- Vijay Kumar Kedia - Director
The latest financial statements of SLK Progressive Veneer 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 SLK Progressive Veneer is 19AALCS3145G1Z6, registered in West Bengal.
The CIN (Corporate Identification Number) of SLK Progressive Veneer is U51909WB2007PTC120230. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
SLK Progressive Veneer has 4 court cases on record: 4 filed by the company. 1 is pending. Most are in the high courts.
SLK Progressive Veneer was incorporated on 05 November 2007, making it 19+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of SLK Progressive Veneer by revenue are Pasand Plywood Private Limited, N R Plywood Private Limited, Patel Veneers Private Limited, Shree Laxmi Wooden Furnishers and Interiors Private Limited, Doors N Doors Decobuild Private Limited and 5 more, all in the Manufacturing industry (Wood, MDF, Particle Board and Plywood), with the same principal business activity (wood and wood products, furniture, paper and paper products).
Megha Kedia ceased to be Additional Director on 29 Sep 2023. Megha Kedia was appointed as Director on 31 Aug 2023. Dilip Kedia ceased to be Director on 16 Apr 2019. SLK Progressive Veneer has 6 board changes on record in total.
Yes, SLK Progressive Veneer is registered as a small enterprise under Udyam registration (number: UDYAM-WB-07-0000331).
SLK Progressive Veneer has 9 MSME Form 1 returns on record between 2019 and 2023, listing 60 overdue payments to 4 micro and small suppliers. The latest return was filed on 08 Nov 2023.
SLK Progressive Veneer can be reached through the website costaawoods.com. Its registered office is in Rajhat, West Bengal, India.
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