Progressive Timber Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
as on 16-07-2024
- Paid Up Capital ₹ 1.00 Cr
as on 16-07-2024
- Company Age 16 Year, 3 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 1.00 Cr
as on 16-07-2024
- Revenue 39.45%
(FY 2023)
- Profit 48.68%
(FY 2023)
- Ebitda 33.90%
(FY 2023)
- Net Worth 8.87%
(FY 2023)
- Total Assets 8.91%
(FY 2023)
About Progressive Timber
The Company is engaged in the Metals And Minerals 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 1.00 Cr and a paid-up capital of Rs 1.00 Cr.
The company currently has active open charges totaling ₹1.00 Cr.
Abbas Baluwala, Michael Baluwala, and Yunus Baluwala serve as directors at the Company.
- CIN/LLPIN
U51431MH2008PTC187258
- Company No.
187258
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
03 Oct 2008
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
- Email Address
- Website
- Social Media-
What products or services does Progressive Timber Private Limited offer?
Progressive Timber Private Limited offers a wide range of products and services, including Wood, Plywood, Veneer & Laminates, Plywoods, Wood Log, Hardwood, Engineering and Shipping Ropes, Fibre Rope, Roofing and False ceiling, GI Sheets, Clamps and Clamping Equipment, Clamps.
Who are the key members and board of directors at Progressive Timber?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Yunus Baluwala  | Managing Director | 03-Oct-2008 | Current |
Board Members(2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Abbas Baluwala | Director | 03-Oct-2008 | Current |
| Michael Baluwala | Director | 03-Oct-2008 | Current |
Financial Performance of Progressive Timber.
Progressive Timber Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 39.45% increase. The company also saw a substantial improvement in profitability, with a 48.68% increase in profit. The company's net worth moved up by a moderate rise of 8.87%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Progressive Timber?
In 2023, Progressive Timber 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)
Vapi Sonal Plastics Private LimitedActive 33 years 1 monthAbbas Baluwala and Michael Baluwala are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Dena Bank Creation Date: 31 Jan 2009 | ₹1.00 Cr | Open |
How Many Employees Work at Progressive Timber?
Unlock and access historical data on people associated with Progressive Timber, 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 Progressive Timber, 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 Timber's trajectory.
Rating
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Alerts
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