Chirag Udyog Private Limited
About Chirag Udyog Private Limited
Data last updated:
Chirag Udyog Private Limited is a private limited company based in Balasore, Odisha, India. It operates in the carriers services segment of the transport and logistics sector. It was incorporated on 12 June 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U52334OR2006PTC008772.
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.02 Cr. It is led by directors Piyush More and Rosy More.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Balasore, Odisha.
As per the financials filed for FY 2025, the company reported a revenue of ₹70.22 Lakh, a decline of 12% compared to the previous year. For the same year it recorded a net profit of ₹25.05 Lakh (net margin 35.7%) and EBITDA of ₹33.81 Lakh (EBITDA margin 48.2%). Revenue has grown at a compounded annual rate (CAGR) of 4% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Chirag Udyog has one previous CIN (Corporate Identification Number): U65993OR2006PTC008772. The current CIN is U52334OR2006PTC008772, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U52334OR2006PTC008772 | Current |
| U65993OR2006PTC008772 | Previous |
Contact details
Chirag Udyog Private Limited's registered office is in Balasore, Odisha. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressJ K Tower, Vivekananda Marg, Balasore, Odisha, India – 756001
- IndustryTransport and Logistics, Carriers Services
To see the full contact details of Chirag Udyog 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 Chirag Udyog is transport and storage. In detail, this covers land transport via road.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transport and storage | H1 | Land Transport via Road |
To see the full business activity and turnover split of Chirag Udyog Private Limited, buy the company report.
Financials of Chirag Udyog Private Limited
FY 2025 filings availableChirag Udyog Private Limited reported revenue of ₹70.22 Lakh (down 12% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 12% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 4%. EBITDA fell 4% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹33.81 Lakh | ||||
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| Net Profit (PAT) | ₹25.05 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 48.2% | ||||
| Net Profit Margin | 35.7% | ||||
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To see the full financial statements and ratios of Chirag Udyog Private Limited, buy the company report.
Board of directors of Chirag Udyog Private Limited
Chirag Udyog has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Piyush More Also directs: R. K. & Grandsons Private Limited | Director | 12 Jun 2006 | 20 Years 4 Months | Current |
| Rosy More | Director | 12 Jun 2006 | 20 Years 4 Months | Current |
Peer comparison
Chirag Udyog Private Limited is compared with the 5 companies closest to it by revenue in the Transport and Logistics industry (Road Carriers and Trucking), with the same principal business activity (land transport via road), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sheetal Metaliks Private Limited | ₹71.5 Lakh (FY 2025) | 120.0% | Kolkata, West Bengal, India | |||
| Chirag Udyog Private Limitedthis company | ₹70.22 Lakh (FY 2025) | ₹25.05 Lakh | 35.7% | -12.0% | Balasore, Odisha, India | |
| Mohit Freight Forwarders Private Limited | ₹70.19 Lakh (FY 2021) | -50.0% | Thane, Maharashtra, India | |||
| MTM Logistics Private Limited | ₹70.15 Lakh (FY 2023) | -11.0% | Haldia, West Bengal, India | |||
| Magadh Roadlines Private Limited | ₹69.57 Lakh (FY 2024) | 25.0% | Alwar, Rajasthan, India | |||
| Rankine Tech Logistics Solutions Private Limited | ₹69.11 Lakh (FY 2024) | Chandigarh, India |
To see the full peer comparison of Chirag Udyog Private Limited, buy the company report.
Auditor
Chirag Udyog Private Limited is audited by A K A H S B & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A K A H S B & ASSOCIATES | FY 2022 | 323314E |
Shareholding
The shareholding of Chirag Udyog Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Chirag Udyog Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Chirag Udyog Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Chirag Udyog 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 Chirag Udyog Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Chirag Udyog Private Limited has 2 board changes on record since 2006: 2 appointments. The latest: Piyush More was appointed as Director on 12 Jun 2006.
Frequently asked questions
Chirag Udyog is an active private limited company based in Balasore, Odisha, India. The company works in carriers services, within the transport and logistics industry. It was incorporated on 12 June 2006 (20+ years old) and is registered under CIN U52334OR2006PTC008772.
Chirag Udyog has 2 current directors:
- Piyush More - Director
- Rosy More - Director
The latest financial statements of Chirag Udyog on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Chirag Udyog is U52334OR2006PTC008772. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Chirag Udyog was incorporated on 12 June 2006, making it 20+ years old. It is registered with the Registrar of Companies, Cuttack.
The peers of Chirag Udyog by revenue are Sheetal Metaliks Private Limited, Mohit Freight Forwarders Private Limited, MTM Logistics Private Limited, Magadh Roadlines Private Limited, Rankine Tech Logistics Solutions Private Limited, all in the Transport and Logistics industry (Road Carriers and Trucking), with the same principal business activity (land transport via road).
Piyush More was appointed as Director on 12 Jun 2006. Rosy More was appointed as Director on 12 Jun 2006.
The registered office of Chirag Udyog is at J K Tower, Vivekananda Marg, Balasore, Odisha, India – 756001.
Chirag Udyog operates in the transport and logistics industry, in the carriers services segment.
The compliance status of Chirag Udyog is compliant as of 09 July 2026. The company is actively filing with the Registrar of Companies.
Chirag Udyog can be reached at its registered office: J K Tower, Vivekananda Marg, Balasore, Odisha, India – 756001.
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