Progressive Corrugated Fiberboard Private Limited

Manufactures and supplies packaging material such as corrugated boxes, pallets, and cartons.

1988 | Haryana, Haryana (India) | Active
Last Updated: November 16, 2024

Progressive Corrugated Fiberboard Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 1.00 Cr
  • Company Age 36 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 11.50 Cr
  • Satisfied Charges ₹ 16.53 Cr
  • Revenue Growth -15.36%
  • Profit Growth -68.73%
  • Ebitda 4.72%
  • Net Worth 4.91%
  • Total Assets 12.60%

About Progressive Corrugated Fiberboard

Progressive Corrugated Fiberboard Private Limited (PCFPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 01 December 1988 and has a history of 36 years and two months. Its registered office is in Haryana, Haryana.

The Corporate was formerly known as Jankesh Paper Products Private Limited. The Company is engaged in the Packaging Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 1.00 Cr.

The company currently has active open charges totaling ₹11.50 Cr. The company has closed loans amounting to ₹16.53 Cr, as per Ministry of Corporate Affairs (MCA) records.

Maya Garodia, Ankit Garodia, Natasha Garodia, and Two other members serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U21020HR1988PTC030426

  • Company No.

    030426

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    01 Dec 1988

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Packaging

What products or services does Progressive Corrugated Fiberboard Private Limited offer?

Progressive Corrugated Fiberboard Private Limited offers a wide range of products and services, including Packaging Boxes, Paper Box, Packaging Pouches & Envelopes, Gusseted, Spout and Stand Up Pouch.

Who are the key members and board of directors at Progressive Corrugated Fiberboard?

Board Members (5)

Name Designation Appointment Date Status
Maya Garodia Country flag representing In Director 05-Jun-1993 Current
Ankit Garodia Country flag representing In Director 01-Apr-2011 Current
Natasha Garodia Country flag representing In Director 09-Feb-2015 Current
Swati Garodia Country flag representing In Director 09-Feb-2015 Current
Anshu Garodia Country flag representing In Director 23-Dec-2011 Current

Financial Performance of Progressive Corrugated Fiberboard.

Progressive Corrugated Fiberboard Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 15.36% decrease. The company also saw a substantial fall in profitability, with a 68.73% decrease in profit. The company's net worth moved up by a moderate rise of 4.91%.

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
-15.36%
Revenue from Operations
-15.41%
Total Assets
12.60%
Profit or Loss
-68.73%
Net Worth
4.91%
EBITDA
4.72%

What is the Ownership and Shareholding Structure of Progressive Corrugated Fiberboard?

In 2023, Progressive Corrugated Fiberboard 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

₹11.50 Cr

Satisfied Charges

₹16.53 Cr

Charges Breakdown by Lending Institutions

  • Yes Bank Limited : 11.50 Cr

Latest Charge Details

Date Lender Amount Status
25 Mar 2023 Yes Bank Limited ₹11.50 Cr Open
09 Jun 2020 The Hongkong And Shanghai Banking Corporation Limited ₹7.10 Cr Satisfied
09 Jun 2020 The Hongkong And Shanghai Banking Corporation Limited ₹0.32 M Satisfied
24 Dec 2014 Yes Bank Limited ₹7.76 Cr Satisfied
05 Mar 2003 Manager ₹1.60 Cr Satisfied

How Many Employees Work at Progressive Corrugated Fiberboard?

Progressive Corrugated Fiberboard has a workforce of 31 employees as of Apr 02, 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 Progressive Corrugated Fiberboard, 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 Progressive Corrugated Fiberboard'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 Progressive Corrugated Fiberboard

Recent activity within the organization

  • Annual General Meeting

    Progressive Corrugated Fiberboard Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Progressive Corrugated Fiberboard Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.

    31 Mar 2024

  • Charges

    A charge registered on 09 Jun 2020 via Charge ID 100391540 with The Hongkong And Shanghai Banking Corporation Limited was fully satisfied on 16 May 2023.

    16 May 2023

  • Charges

    A charge registered on 09 Jun 2020 via Charge ID 100391541 with The Hongkong And Shanghai Banking Corporation Limited was fully satisfied on 16 May 2023.

    16 May 2023

  • Charges

    A charge with Yes Bank Limited amounted to Rs. 11.50 Cr with Charge ID 100709092 was registered on 25 Mar 2023.

    25 Mar 2023

  • Charges

    A charge with The Hongkong And Shanghai Banking Corporation Limited of Rs. 0.03 Cr registered on 09 Jun 2020 with Charge ID 100391541 was modified on 29 Sep 2022.

    29 Sep 2022

Frequently asked questions

  • Progressive Corrugated Fiberboard Private Limited was incorporated on 01 Dec 1988.

  • The authorized share capital of Progressive Corrugated Fiberboard Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 1.00 Cr.

  • Currently 5 directors are associated with Progressive Corrugated Fiberboard Private Limited.

    • Maya Garodia
    • Ankit Garodia
    • Natasha Garodia
    • Swati Garodia
    • Anshu Garodia
  • As per Ministry of Corporate Affairs (Mca), the registered address of Progressive Corrugated Fiberboard Private Limited is Plot No-37Sector 27 A Faridabad India, Haryana.

  • The corporate identification number (CIN) of Progressive Corrugated Fiberboard Private Limited is U21020HR1988PTC030426 and the company number is 030426 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Progressive Corrugated Fiberboard Private Limited is https://www.progressiveboard.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Progressive Corrugated Fiberboard Private Limited has fallen by -15.36%.

  • As Per 2023 financial reports, 31 employees are currently employed by Progressive Corrugated Fiberboard Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Progressive Corrugated Fiberboard Private Limited has experienced an upsurge of 4.91%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Progressive Corrugated Fiberboard Private Limited amount to ₹ 11.50 Cr.

  • The most recent Balance Sheet for Progressive Corrugated Fiberboard Private Limited was filed with the ROC on 31 Mar 2024.

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