Progres Communications Profile
Key Indicators
- Authorised Capital ₹ 5.00 M
- Paid Up Capital ₹ 4.98 M
- Company Age 27 Year, 6 Months
- Last Filing with ROC 31 Mar 2021
- Satisfied Charges ₹ 7.16 Cr
- Revenue Growth -62.08%
- Profit Growth -60.27%
- Ebitda -18.01%
- Net Worth 1.47%
- Total Assets -16.97%
About Progres Communications
Progres Communications Private Limited (PCPL) is a Private Limited Indian Non-Government Company incorporated in India on 21 July 1997 and has a history of 27 years and six months. Its registered office is in Hyderabad, Telangana, India.
The Company is engaged in the Media And Publishing Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2021. It's a company limited by shares with an authorized capital of Rs 5.00 M and a paid-up capital of Rs 4.98 M.
The company has closed loans amounting to ₹7.16 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Venugopal Chiluka and Chiluka Sudharani serve as directors at the Company.
Company Details
-
Location
Hyderabad, Telangana, India
-
Telephone
+91-XXXXXXXXXX
-
Email Address
-
Website
-
-
Social Media-
Corporate Identity Details
-
CIN/LLPIN
U72200TG1997PTC027586
-
Company No.
027586
-
Company Classification
Private Limited Indian Non-Government Company
-
Incorporation Date
21 Jul 1997
-
Date of AGM
30 Nov 2021
-
Date of Balance Sheet
31 Mar 2021
-
Listing Status
Unlisted
-
ROC Code
Roc Hyderabad
Industry
Who are the key members and board of directors at Progres Communications?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Venugopal Chiluka
|
Additional Director | 30-Jun-2021 | Current |
|
Chiluka Sudharani
|
Additional Director | 30-Jun-2021 | Current |
Financial Performance of Progres Communications.
Progres Communications Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 62.08% decrease. The company also saw a substantial fall in profitability, with a 60.27% decrease in profit. The company's net worth moved up by a moderate rise of 1.47%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
|
(FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
|
||||||
| Revenue from Operations |
|
||||||
| Total Assets |
|
||||||
| Profit or Loss |
|
||||||
| Net Worth |
|
||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Progres Communications?
In 2020, Progres Communications had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
-
Sit Publications Private LimitedVenugopal Chiluka and Chiluka Sudharani are mutual person
-
Youngindian Staffing Private Limited
Venugopal Chiluka is a mutual person
Charges (Loans)
₹0
₹71.60 M
Charges Breakdown by Lending Institutions
- The Karur Vysya Bank Limited : 5.33 Cr
- Others : 1.75 Cr
- The Karur Vysya Bank Ltd : 0.08 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Nov 2008 | The Karur Vysya Bank Limited | ₹5.33 Cr | Satisfied |
| 13 Jan 2007 | The Karur Vysya Bank Ltd | ₹0.80 M | Satisfied |
| 21 Dec 2005 | Others | ₹1.75 Cr | Satisfied |
How Many Employees Work at Progres Communications?
Unlock and access historical data on people associated with Progres Communications, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Progres Communications, 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 Progres Communications's trajectory.
Rating
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
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.
