Pragati Milk Products Private Limited

Produces a variety of dairy products with a large daily capacity, founded in 2008.

2008 | Cuttack, Odisha (India) | Active
Last Updated: October 23, 2024

Pragati Milk Products Profile

Key Indicators

  • Authorised Capital ₹ 7.00 Cr
  • Paid Up Capital ₹ 5.72 Cr
  • Company Age 17 Year, 10 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 33.40 Cr
  • Satisfied Charges ₹ 41.53 Cr
  • Revenue Growth 25.53%
  • Profit Growth 21.28%
  • Ebitda 24.29%
  • Net Worth 32.19%
  • Total Assets 24.83%

About Pragati Milk Products

Pragati Milk Products Private Limited (PMPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 21 January 2008 and has a history of 17 years. Its registered office is in Cuttack, Odisha, India.

The Company is engaged in the Food And Beverages Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 7.00 Cr and a paid-up capital of Rs 5.72 Cr.

The company currently has active open charges totaling ₹33.40 Cr. The company has closed loans amounting to ₹41.53 Cr, as per Ministry of Corporate Affairs (MCA) records.

Prakash Rout and Pradosh Rout serve as directors at the Company.

Company Details

  • Location

    Cuttack, Odisha, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U15201OR2008PTC009759

  • Company No.

    009759

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    21 Jan 2008

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Cuttack

Industry

Food and Beverages

What products or services does Pragati Milk Products Private Limited offer?

Pragati Milk Products Private Limited offers a wide range of products and services, including Curd.

Who are the key members and board of directors at Pragati Milk Products?

Board Members (2)

Name Designation Appointment Date Status
Prakash Rout Country flag representing In Director 21-Jan-2008 Current
Pradosh Rout Country flag representing In Director 21-Jan-2008 Current

Financial Performance of Pragati Milk Products.

Pragati Milk Products Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 25.53% increase. The company also saw a substantial improvement in profitability, with a 21.28% increase in profit. The company's net worth Soared by an impressive increase of 32.19%.

Graph illustrating revenue growth over time
Graph showing 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
25.53%
Revenue from Operations
25.41%
Total Assets
24.83%
Profit or Loss
21.28%
Net Worth
32.19%
EBITDA
24.29%

What is the Ownership and Shareholding Structure of Pragati Milk Products?

In 2023, Pragati Milk Products had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹33.40 Cr

Satisfied Charges

₹41.53 Cr

Charges Breakdown by Lending Institutions

  • Others : 33.40 Cr

Latest Charge Details

Date Lender Amount Status
29 Sep 2023 Others ₹25.00 Cr Open
13 Apr 2021 Others ₹8.40 Cr Open
13 Dec 2019 Hdfc Bank Limited ₹16.30 Cr Satisfied
03 Jun 2019 Hdfc Bank Limited ₹5.00 Cr Satisfied
01 Mar 2018 Hdfc Bank Limited ₹4.65 Cr Satisfied

How Many Employees Work at Pragati Milk Products?

Pragati Milk Products has a workforce of 1161 employees as of Apr 01, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Pragati Milk Products, 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 Pragati Milk Products's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

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 Pragati Milk Products

Recent activity within the organization

  • Charges

    A charge registered on 13 Dec 2019 via Charge ID 100313972 with Hdfc Bank Limited was fully satisfied on 11 Mar 2024.

    11 Mar 2024

  • Charges

    A charge registered on 03 Jun 2019 via Charge ID 100267504 with Hdfc Bank Limited was fully satisfied on 11 Mar 2024.

    11 Mar 2024

  • Annual General Meeting

    Pragati Milk Products Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with Others amounted to Rs. 25.00 Cr with Charge ID 100798193 was registered on 29 Sep 2023.

    29 Sep 2023

  • Balance Sheet

    Pragati Milk Products Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Cuttack.

    31 Mar 2023

  • Charges

    A charge with Others of Rs. 8.40 Cr registered on 13 Apr 2021 with Charge ID 100443054 was modified on 28 Jan 2022.

    28 Jan 2022

Frequently asked questions

  • Pragati Milk Products Private Limited was incorporated on 21 Jan 2008.

  • The authorized share capital of Pragati Milk Products Private Limited is ₹ 7.00 Cr and paid-up capital is ₹ 5.72 Cr.

  • Currently 2 directors are associated with Pragati Milk Products Private Limited.

    • Prakash Kumar Rout
    • Pradosh Kumar Rout
  • As per Ministry of Corporate Affairs (Mca), the registered address of Pragati Milk Products Private Limited is 71/A/1 New Jagatpur Industrial Estate India, Cuttack, Orissa, 754021.

  • The corporate identification number (CIN) of Pragati Milk Products Private Limited is U15201OR2008PTC009759 and the company number is 009759 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Pragati Milk Products Private Limited is https://www.pragatimilk.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Pragati Milk Products Private Limited has risen by 25.53%.

  • As Per 2023 financial reports, 1161 employees are currently employed by Pragati Milk Products Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Pragati Milk Products Private Limited has experienced an upsurge of 32.19%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Pragati Milk Products Private Limited amount to ₹ 33.40 Cr.

  • The most recent Balance Sheet for Pragati Milk Products Private Limited was filed with the ROC on 31 Mar 2023.