Progres Communications Private Limited

Provides advertising and event promotion services for various organizations through artwork, printing, and media production.

1997 | Hyderabad, Telangana (India) | Active
Last Updated: January 05, 2025

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

Media and Publishing

Who are the key members and board of directors at Progres Communications?

Board Members (2)

Name Designation Appointment Date Status
Venugopal Chiluka Country flag representing In Additional Director 30-Jun-2021 Current
Chiluka Sudharani Country flag representing In 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%.

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
-62.08%
Revenue from Operations
-62.21%
Total Assets
-16.97%
Profit or Loss
-60.27%
Net Worth
1.47%
EBITDA
-18.01%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

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 Progres Communications

Recent activity within the organization

  • Annual General Meeting

    Progres Communications Private Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.

    30 Nov 2021

  • Charges

    A charge registered on 17 Nov 2008 via Charge ID 10137039 with The Karur Vysya Bank Limited was fully satisfied on 07 Jul 2021.

    07 Jul 2021

  • Charges

    A charge registered on 13 Jan 2007 via Charge ID 10040000 with The Karur Vysya Bank Ltd was fully satisfied on 07 Jul 2021.

    07 Jul 2021

  • Charges

    A charge registered on 21 Dec 2005 via Charge ID 90343821 with Others was fully satisfied on 07 Jul 2021.

    07 Jul 2021

  • Director Appointment

    Venugopal Reddy Chiluka was appointed as a Additional Director was appointed as a Additional Director on 30 Jun 2021 & has been associated with this company since 3 years 7 months .

    30 Jun 2021

  • Director Appointment

    Chiluka Sudharani was appointed as a Additional Director was appointed as a Additional Director on 30 Jun 2021 & has been associated with this company since 3 years 7 months .

    30 Jun 2021

Frequently asked questions

  • Progres Communications Private Limited was incorporated on 21 Jul 1997.

  • The authorized share capital of Progres Communications Private Limited is ₹ 5.00 M and paid-up capital is ₹ 4.98 M.

  • Currently 2 directors are associated with Progres Communications Private Limited.

    • Venugopal Reddy Chiluka
    • Chiluka Sudharani
  • As per Ministry of Corporate Affairs (Mca), the registered address of Progres Communications Private Limited is M No: 6-3-553 G2 Classic Court Anexa Opp. Nkm Grand Somajiguda, Erramanzil C Olony India, Hyderabad, Telangana, 500038.

  • The corporate identification number (CIN) of Progres Communications Private Limited is U72200TG1997PTC027586 and the company number is 027586 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2020, the revenue trend for Progres Communications Private Limited has fallen by -62.08%.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Progres Communications Private Limited has experienced an upsurge of 1.47%.

  • The most recent Balance Sheet for Progres Communications Private Limited was filed with the ROC on 31 Mar 2021.

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