Adit Associates Pvt Ltd
About Adit Associates Pvt Ltd
Data last updated:
Adit Associates Pvt Ltd 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 02 December 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U74210OR1993PTC003450.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Shakti Prasad Nanda (Managing Director) and Surabhikusum Nand.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 21/52 Gajapati Nagar, Bhubaneswar, Odisha, India – 751005.
As per the financials filed for FY 2024, the company reported a revenue of ₹14.17 Lakh, a growth of 40% compared to the previous year. For the same year it recorded a net loss of ₹41,208 (net margin -2.9%) and EBITDA of ₹9,328 (EBITDA margin 0.7%). Revenue has declined at a compounded annual rate (CAGR) of 7% over three years and 1% over five years.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
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- Registered Address21/52 Gajapati Nagar, Bhubaneswar, Odisha, India – 751005
- IndustryReal Estate and Construction, Real Estate Builders & Developers
- 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
- One PDF report, delivered after checkout
Business Activity of Adit Associates Pvt Ltd
The main business activity of Adit Associates is real estate. In detail, this covers real estate activities on fee or contract basis.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| L | Real Estate | L2 | Real estate activities on fee or contract basis | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Adit Associates Pvt Ltd FY 2024 filings available
Adit Associates Pvt Ltd reported revenue of ₹14.17 Lakh (up 40% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Adit Associates Pvt Ltd
Revenue rose 40% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 1%. EBITDA fell 82% 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 of Adit Associates Pvt Ltd
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹9,328 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹41,208 | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Adit Associates Pvt Ltd
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -2.9% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Adit Associates are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Adit Associates Pvt Ltd
Adit Associates has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shakti Prasad Nanda Also directs: Scheme-Art Real Estate Private Limited | Managing Director | 02 Dec 1993 | 32 Years 10 Months | Current |
| Surabhikusum Nand | Director | 02 Dec 2002 | 23 Years 10 Months | Current |
Peer Comparison of Adit Associates Pvt Ltd
Adit Associates Pvt Ltd is compared with the companies closest to it by revenue in the Real Estate industry (Builders and Developers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Amravati Infrastructure Projects Private Limited | ₹14.19 Lakh (FY 2025) | •••• | •••• | -71.0% | •••• | Punjab, India |
| Khandaka Om Shree Buildcon Private Limited | ₹14.19 Lakh (FY 2025) | •••• | •••• | -1.0% | •••• | Jaipur, Rajasthan, India |
| Gomti Industries India Private Limited | ₹14.18 Lakh (FY 2024) | •••• | •••• | 454.0% | •••• | Uttar Pradesh, India |
| Gokuldas Real Estate and Developers Private Limited | ₹14.17 Lakh (FY 2025) | •••• | •••• | •••• | Khargone, Madhya Pradesh, India | |
| Saru Real Estate Developers Private Limited | ₹14.17 Lakh (FY 2018) | •••• | •••• | 14.0% | •••• | Kota, Rajasthan, India |
| Adit Associates Pvt Ltd this company | ₹14.17 Lakh (FY 2024) | •••• | •••• | 40.0% | •••• | Bhubaneswar, Odisha, India |
| KBM Properties Private Limited | ₹14.16 Lakh (FY 2021) | •••• | •••• | 13.0% | •••• | Hyderabad, Telangana, India |
| Vascon Infrastructure Limited | ₹14.16 Lakh (FY 2025) | •••• | •••• | 7996.0% | •••• | Pune, Maharashtra, India |
| Shiraz Developers Private Limited | ₹14.16 Lakh (FY 2025) | •••• | •••• | -63.0% | •••• | Mumbai, Maharashtra, India |
| Marigold Premises Private Limited | ₹14.16 Lakh (FY 2023) | •••• | •••• | 17.0% | •••• | Pune, Maharashtra, India |
| Monarch Resorts Private Limited | ₹14.16 Lakh (FY 2024) | •••• | •••• | -9.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Adit Associates by revenue in the Real Estate industry (Builders and Developers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Adit Associates Pvt Ltd
Adit Associates Pvt Ltd is audited by PANIGRAHI & CO for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| PANIGRAHI & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Adit Associates Pvt Ltd
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Adit Associates Pvt Ltd
Adit Associates Pvt Ltd does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Adit Associates Pvt Ltd
Employment history and EPFO contributions of people linked to Adit Associates.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Adit Associates Pvt Ltd
Adit Associates Pvt Ltd has 3 board changes on record since 1993: 2 appointments and 1 cessation. The latest: Namita Mahapatra ceased to be Director on 15 Aug 2011.
Credit Ratings, Litigation & Regulatory Alerts for Adit Associates Pvt Ltd
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Adit Associates Pvt Ltd
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Adit Associates Pvt Ltd
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Adit Associates Pvt Ltd
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Adit Associates Pvt Ltd
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Adit Associates Pvt Ltd
Adit Associates 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 02 December 1993 (33+ years old) and is registered under CIN U74210OR1993PTC003450.
Adit Associates reported revenue of ₹14.17 Lakh for FY 2024 (up 40% YoY).
Adit Associates has 2 current directors:
- Shakti Prasad Nanda - Managing Director
- Surabhikusum Nand - Director
Adit Associates reported a net loss of ₹41,208 (net margin -2.9%) and EBITDA of ₹9,328 (EBITDA margin 0.7%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Adit Associates is -7% over three years and -1% over five years. In the latest year (FY 2024) revenue rose 40%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Adit Associates is U74210OR1993PTC003450. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Adit Associates was incorporated on 02 December 1993, making it 33+ years old. It is registered with the Registrar of Companies, Cuttack.
The peers of Adit Associates by revenue are Amravati Infrastructure Projects Private Limited, Khandaka Om Shree Buildcon Private Limited, Gomti Industries India Private Limited, Gokuldas Real Estate and Developers Private Limited, Saru Real Estate Developers Private Limited and 5 more, all in the Real Estate industry (Builders and Developers).
Namita Mahapatra ceased to be Director on 15 Aug 2011. Surabhikusum Nand was appointed as Director on 02 Dec 2002. Shakti Prasad Nanda was appointed as Managing Director on 02 Dec 1993.
The registered office of Adit Associates is at 2152 Gajapati Nagar, Bhubaneswar, Odisha, India – 751005.
Adit Associates has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.