Addite (Projects) Private Limited
About Addite (Projects) Private Limited
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Addite (Projects) Private Limited is a private limited company based in Bhubaneswar, Odisha, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 18 April 2001 and has been in existence for over 25 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U70109OR2001PTC006486.
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹1.02 Lakh. It is led by directors including Kashyap Chandra Kanungo (Managing Director) and Rajesh Kanungo.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at N – 5/24 Acharya Ivhar, Bhubaneswar, Odisha, India – 751013.
As per the financials filed for FY 2023, the company reported a revenue of ₹18.17 Lakh, a decline of 6% compared to the previous year. For the same year it recorded a net profit of ₹38,727 (net margin 2.1%) and EBITDA of ₹54,278 (EBITDA margin 3%). Revenue has declined at a compounded annual rate (CAGR) of 4% over three years and 1% over five years.
Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Addite (Projects) Private Limited's registered office is in Bhubaneswar, Odisha. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressN – 5/24 Acharya Ivhar, Bhubaneswar, Odisha, India – 751013
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Addite (Projects) Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Addite (Projects) is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
To see the full business activity and turnover split of Addite (Projects) Private Limited, buy the company report.
Financials of Addite (Projects) Private Limited
FY 2023 filings availableAddite (Projects) Private Limited reported revenue of ₹18.17 Lakh (down 6% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 1% over five years, including a 6% fall in the latest year. EBITDA fell 11% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹18.17 Lakh | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹54,278 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹38,727 | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3% | ||||
| Net Profit Margin | 2.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Addite (Projects) Private Limited, buy the company report.
Board of directors of Addite (Projects) Private Limited
Addite (Projects) has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajesh Kanungo | Director | 18 Apr 2001 | 25 Years 6 Months | Current |
| Kashyap Chandra Kanungo | Managing Director | 30 Nov 2004 | 21 Years 11 Months | Current |
| Ashok Kumar Kanungo | Director | 19 Apr 2001 | 25 Years 6 Months | Current |
| Deepak Kanungo | Director | 01 Jul 2022 | 4 Years 4 Months | Current |
Auditor
Addite (Projects) Private Limited is audited by MANAS DASH & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MANAS DASH & CO. | FY 2023 | 325267E |
Shareholding
The shareholding of Addite (Projects) Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Addite (Projects) Private Limited, buy the company report.
Legal cases
Addite (Projects) Private Limited has 2 court cases on record: 1 filed by Addite (Projects), 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 1 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Khurda, Orissa | Civil suit | Filed against the company by individuals | Disposed |
| District court, Khurda, Orissa | Civil suit | Filed by the company against individuals | Disposed |
To see the full case history of Addite (Projects) Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Addite (Projects) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Addite (Projects) Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Addite (Projects) Private Limited has 4 board changes on record since 2001: 4 appointments. The latest: Deepak Kanungo was appointed as Director on 01 Jul 2022.
Frequently asked questions
Addite (Projects) is an active private limited company based in Bhubaneswar, Odisha, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 18 April 2001 (25+ years old) and is registered under CIN U70109OR2001PTC006486.
Addite (Projects) has 4 current directors:
- Kashyap Chandra Kanungo - Managing Director
- Rajesh Kanungo - Director
- Ashok Kumar Kanungo - Director
- Deepak Kanungo - Director
The latest financial statements of Addite (Projects) on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Addite (Projects) is U70109OR2001PTC006486. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Addite (Projects) has 2 court cases on record: 1 filed by the company and 1 filed against it.
Addite (Projects) was incorporated on 18 April 2001, making it 25+ years old. It is registered with the Registrar of Companies, Cuttack.
Deepak Kanungo was appointed as Director on 01 Jul 2022. Kashyap Chandra Kanungo was appointed as Managing Director on 30 Nov 2004. Ashok Kumar Kanungo was appointed as Director on 19 Apr 2001. Addite (Projects) has 4 board changes on record in total.
The registered office of Addite (Projects) is at N – 524 Acharya Ivhar, Bhubaneswar, Odisha, India – 751013.
Addite (Projects) operates in the real estate and construction industry, in the real estate builders and developers segment.
The compliance status of Addite (Projects) is compliant as of 15 July 2026. The company is actively filing with the Registrar of Companies.
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