Progressive Packaging Pvt Ltd

Manufactures corrugated packaging solutions such as boxes, rolls, and containers.

1965 | Rangareddy, Telangana (India) | Active
Last Updated: January 04, 2025

Progressive Packaging Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.49 M
  • Company Age 60 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2.52 M
  • Revenue Growth -38.26%
  • Profit Growth -41.43%
  • Ebitda 1.46%
  • Net Worth -9.06%
  • Total Assets -17.65%

About Progressive Packaging

Progressive Packaging Pvt Ltd (PPPL) was founded in India on 05 January 1965 and has a glorious history of 60 years and one month.Its registered office is in Rangareddy, Telangana, India.

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 0.50 M and a paid-up capital of Rs 0.49 M.

The company currently has active open charges totaling ₹2.52 M.

Appala Raju and Ramraj Sagi serve as directors at the Company.

Company Details

  • Location

    Rangareddy, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U21014TG1965PTC001033

  • Company No.

    001033

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    05 Jan 1965

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Packaging

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

Board Members (2)

NameDesignationAppointment DateStatus
Appala Raju Country flag representing In Director 01-Sep-1998Current
Ramraj Sagi Country flag representing In Whole-Time Director 01-Oct-1995Current

Financial Performance of Progressive Packaging.

Progressive Packaging Pvt Ltd, for the financial year ended 2022, experienced significant reduction in revenue, with a 38.26% decrease. The company also saw a substantial fall in profitability, with a 41.43% decrease in profit. The company's net worth dipped by a decrease of 9.06%.

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
-38.26%
Revenue from Operations
Total Assets
-17.65%
Profit or Loss
-41.43%
Net Worth
-9.06%
EBITDA
1.46%

What is the Ownership and Shareholding Structure of Progressive Packaging?

Unlock access to Progressive Packaging's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹2.52 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • State Bank Of Hyderabad : 0.25 Cr

Latest Charge Details

DateLenderAmountStatus
25 May 1999State Bank Of Hyderabad₹2.50 MOpen
25 Aug 1966State Bank Of Hyderabad₹0.02 MOpen

How Many Employees Work at Progressive Packaging?

Unlock and access historical data on people associated with Progressive Packaging, 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 Progressive Packaging, 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 Packaging'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 Packaging

Recent activity within the organization

  • Annual General Meeting

    Progressive Packaging Pvt Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Progressive Packaging Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.

    31 Mar 2024

  • Charges

    A charge with State Bank Of Hyderabad of Rs. 0.02 M registered on 25 Aug 1966 with Charge ID 90119955 was modified on 13 Feb 2001.

    13 Feb 2001

  • Charges

    A charge with State Bank Of Hyderabad amounted to Rs. 2.50 M with Charge ID 90121315 was registered on 25 May 1999.

    25 May 1999

  • Director Appointment

    Appala Sagi Raju was appointed as a Director was appointed as a Director on 01 Sep 1998 & has been associated with this company since 26 years 5 months .

    01 Sep 1998

  • Director Appointment

    Ramraj Varma Sagi was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 01 Oct 1995 & has been associated with this company since 29 years 4 months .

    01 Oct 1995

Frequently asked questions

  • Progressive Packaging Pvt Ltd was incorporated on 05 Jan 1965.

  • The authorized share capital of Progressive Packaging Pvt Ltd is ₹ 0.50 M and paid-up capital is ₹ 0.49 M.

  • Currently 2 directors are associated with Progressive Packaging Pvt Ltd.

    • Appala Sagi Raju
    • Ramraj Varma Sagi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Progressive Packaging Pvt Ltd is Lux-2 B-42 Industrial Estatesanatnagar, Hyderabad. India, Andhra Pradesh, Telangana, 500018.

  • The corporate identification number (CIN) of Progressive Packaging Pvt Ltd is U21014TG1965PTC001033 and the company number is 001033 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Progressive Packaging Pvt Ltd has fallen by -38.26%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Progressive Packaging Pvt Ltd has experienced an downturn of -9.06%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Progressive Packaging Pvt Ltd amount to ₹ 2.52 M.

  • The most recent Balance Sheet for Progressive Packaging Pvt Ltd was filed with the ROC on 31 Mar 2024.

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