Progressive Dairy Solutions Limited

Provides dairy products and farm technology to farmers, serving domestic and international clients.

2010 | Ludhiana, Punjab (India) | Active
Last Updated: July 29, 2024

Progressive Dairy Solutions Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 2.25 Cr
  • Company Age 15 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1.91 M
  • Satisfied Charges ₹ 4.80 M
  • Revenue Growth 7.16%
  • Profit Growth 17.74%
  • Ebitda 30.92%
  • Net Worth 38.15%
  • Total Assets 8.39%

About Progressive Dairy Solutions

Progressive Dairy Solutions Limited (PDSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 22 January 2010 and has a history of 15 years and one month. Its registered office is in Ludhiana, Punjab, India.

The Corporate was formerly known as Progressive Dairy Solutions Private Limited. The Company is engaged in the Agriculture 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 3.00 Cr and a paid-up capital of Rs 2.25 Cr.

The company currently has active open charges totaling ₹1.91 M. The company has closed loans amounting to ₹4.80 M, as per Ministry of Corporate Affairs (MCA) records.

Daljit Singh, Ranjit Singh, Balvir Singh, and Two other members serve as directors at the Company.

Company Details

  • Location

    Ludhiana, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    pdsltd.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U15209PB2010PLC033531

  • Company No.

    033531

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    22 Jan 2010

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Agriculture

What products or services does Progressive Dairy Solutions Limited offer?

Progressive Dairy Solutions Limited offers a wide range of products and services, including Surgical & ICU Equipments, Patient Monitoring System, Milk & Dairy Products, Dairy Products, Paneer, Frozen Paneer, Curd, Butter, Milk, Buffalo Milk.

Who are the key members and board of directors at Progressive Dairy Solutions?

Executive Team (1)

NameDesignationAppointment DateStatus
Daljit Singh Country flag representing In Managing Director22-Jan-2010Current

Board Members (4)

NameDesignationAppointment DateStatus
Amandeep Kaur Country flag representing In Director Current
Ranjit Singh Country flag representing In Director 18-Sep-2013Current
Balvir Singh Country flag representing In Director 18-Sep-2013Current
Pooja Miglani Country flag representing In Director 07-Jun-2024Current

Financial Performance of Progressive Dairy Solutions.

Progressive Dairy Solutions Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 7.16% increase. The company also saw a substantial improvement in profitability, with a 17.74% increase in profit. The company's net worth Soared by an impressive increase of 38.15%.

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
7.16%
Revenue from Operations
7.51%
Total Assets
8.39%
Profit or Loss
17.74%
Net Worth
38.15%
EBITDA
30.92%

What is the Ownership and Shareholding Structure of Progressive Dairy Solutions?

In 2023, Progressive Dairy Solutions had a promoter holding of 12.54% and a public holding of 87.46%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0.19 Cr

Satisfied Charges

₹0.48 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 0.19 Cr

Latest Charge Details

DateLenderAmountStatus
17 Aug 2021Hdfc Bank Limited₹1.91 MOpen
25 Nov 2016Others₹3.60 MSatisfied
18 Mar 2016Others₹1.20 MSatisfied

How Many Employees Work at Progressive Dairy Solutions?

Progressive Dairy Solutions has a workforce of 58 employees as of Apr 06, 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 Dairy Solutions, 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 Dairy Solutions'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 Dairy Solutions

Recent activity within the organization

  • Director Appointment

    Pooja Damir Miglani was appointed as a Director was appointed as a Director on 07 Jun 2024 & has been associated with this company since 8 months 17 days .

    07 Jun 2024

  • Annual General Meeting

    Progressive Dairy Solutions Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Progressive Dairy Solutions Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chandigarh.

    31 Mar 2023

  • Charges

    A charge registered on 25 Nov 2016 via Charge ID 100098191 with Others was fully satisfied on 07 Mar 2022.

    07 Mar 2022

  • Charges

    A charge registered on 18 Mar 2016 via Charge ID 100070019 with Others was fully satisfied on 07 Mar 2022.

    07 Mar 2022

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.19 Cr with Charge ID 100477596 was registered on 17 Aug 2021.

    17 Aug 2021

Frequently asked questions

  • Progressive Dairy Solutions Limited was incorporated on 22 Jan 2010.

  • The authorized share capital of Progressive Dairy Solutions Limited is ₹ 3.00 Cr and paid-up capital is ₹ 2.25 Cr.

  • Currently 5 directors are associated with Progressive Dairy Solutions Limited.

    • Daljit Singh
    • Ranjit Singh
    • Balvir Singh
    • Amandeep Kaur
    • Pooja Damir Miglani
  • As per Ministry of Corporate Affairs (Mca), the registered address of Progressive Dairy Solutions Limited is Sco -9 Block F Bhai Randhir Singh Nagar Market, Ludhiana, Punjab, India, 141003.

  • The corporate identification number (CIN) of Progressive Dairy Solutions Limited is U15209PB2010PLC033531 and the company number is 033531 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Progressive Dairy Solutions Limited is https://www.pdsltd.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Progressive Dairy Solutions Limited has risen by 7.16%.

  • As Per 2023 financial reports, 58 employees are currently employed by Progressive Dairy Solutions Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Progressive Dairy Solutions Limited has experienced an upsurge of 38.15%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Progressive Dairy Solutions Limited amount to ₹ 1.91 M.

  • The most recent Balance Sheet for Progressive Dairy Solutions Limited was filed with the ROC on 31 Mar 2023.

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