About Odisha Rail Infrastructure Development Limited
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Odisha Rail Infrastructure Development Limited is a public limited state government company based in Bhubaneswar, Odisha, India. It operates in the railway infrastructure development segment of the infrastructure and utilities sector. It was incorporated on 23 March 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U74999OR2017SGC026765. Its GSTIN is 21AACCO4684M1Z7 (Odisha).
The company has an authorised share capital of ₹100 Cr and a paid-up capital of ₹51 Cr. It is led by directors including Sadashib Panda (Whole-Time Director) and Sudeep Shrivastava.
Its last annual general meeting (AGM) was held on 08 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 6th Floor Idco Tower Janpath, Bhubaneswar, Odisha, India – 751022.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.42 Cr, a growth of 5% compared to the previous year. For the same year it recorded a net profit of ₹1.45 Cr (net margin 42.5%) and EBITDA of ₹1.53 Cr (EBITDA margin 44.8%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years.
The company has about 4 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: ORIDL. The company has 2 deals on record (2 secondary share transfers); the latest was in January 2021. Its 10 peer companies in the Infrastructure industry (Railway Construction) are compared by revenue, 5 larger and 5 smaller; the largest is Ishwara Himalaya Marketing Ventures Private Limited with revenue of ₹4.07 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website oridl.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address6th Floor Idco Tower Janpath, Bhubaneswar, Odisha, India – 751022
- IndustryInfrastructure and Utilities, Railway Infrastructure Development
- 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 Odisha Rail Infrastructure Development Limited
The main business activity of Odisha Rail Infrastructure Development is construction. In detail, this covers roads, railways, utility projects.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | F2 | Roads, railways, Utility projects | 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 Odisha Rail Infrastructure Development Limited FY 2025 filings available
Odisha Rail Infrastructure Development Limited reported revenue of ₹3.42 Cr (up 5% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Odisha Rail Infrastructure Development Limited
Revenue has grown at a compounded annual rate (CAGR) of 7% over three years, including 5% growth in the latest year. EBITDA rose 198% 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 Odisha Rail Infrastructure Development Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹1.53 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.45 Cr | •••• | •••• | •••• | •••• |
| 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 Odisha Rail Infrastructure Development Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 44.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 42.5% | •••• | •••• | •••• | •••• |
| 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 Odisha Rail Infrastructure Development are in the company report.
Financial statements from FY 2017
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.
Peer Comparison of Odisha Rail Infrastructure Development Limited
Odisha Rail Infrastructure Development Limited is compared with the companies closest to it by revenue in the Infrastructure industry (Railway Construction). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ishwara Himalaya Marketing Ventures Private Limited | ₹4.07 Cr (FY 2025) | •••• | •••• | 57.0% | •••• | Ratlam, Madhya Pradesh, India |
| Navketan Pvt Ltd | ₹3.85 Cr (FY 2024) | •••• | •••• | -19.0% | •••• | Kolkata, West Bengal, India |
| Railtranz Consultancy Private Limited | ₹3.48 Cr (FY 2025) | •••• | •••• | -39.0% | •••• | New Delhi, Delhi, India |
| Powersys India Private Limited | ₹3.48 Cr (FY 2024) | •••• | •••• | 86.0% | •••• | Hyderabad, Telangana, India |
| Ascn Engineering Private Limited | ₹3.48 Cr (FY 2025) | •••• | •••• | 247.0% | •••• | Delhi, India |
| Odisha Rail Infrastructure Development Limited this company | ₹3.42 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Bhubaneswar, Odisha, India |
| Radharani Rail Engineering Systems Private Limited | ₹3.36 Cr (FY 2017) | •••• | •••• | 67.0% | •••• | Kolkata, West Bengal, India |
| Ragon Infrastructure Private Limited | ₹3.28 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | Khajpura Patna, Bihar, India |
| Divitam (OPC) Private Limited | ₹3.2 Cr (FY 2025) | •••• | •••• | -24.0% | •••• | Jaipur, Rajasthan, India |
| Fabreko Engineering Private Limited | ₹3.01 Cr (FY 2024) | •••• | •••• | 43.0% | •••• | Hyderabad, Telangana, India |
| Purple Distributors Private Limited | ₹2.99 Cr (FY 2025) | •••• | •••• | 50.0% | •••• | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Odisha Rail Infrastructure Development by revenue in the Infrastructure industry (Railway Construction), 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 Odisha Rail Infrastructure Development Limited
Odisha Rail Infrastructure Development Limited is audited by A K LENKA & CO. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| A K LENKA & 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.
Board of Directors of Odisha Rail Infrastructure Development Limited
Odisha Rail Infrastructure Development has 6 current directors and 24 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sudeep Shrivastava | Nominee Director | 04 May 2024 | 2 Years 5 Months | Current |
| Usha Padhee Also directs: Bhubaneswar Metro Rail Corporation Limited, Watco, Capital Region Urban Transport and 2 more | Nominee Director | 17 Dec 2022 | 3 Years 10 Months | Current |
| Deoranjan Kumar Singh | Nominee Director | 01 Jan 2026 | 0 Years 9 Months | Current |
| Sadashib Panda | Whole-Time Director | 14 Nov 2024 | 1 Years 11 Months | Current |
| Patruni Ramachandra Rao | Nominee Director | 11 Dec 2024 | 1 Years 10 Months | Current |
| Kaustuva Dipta Pany | Nominee Director | 03 Oct 2025 | 1 Years 0 Months | Current |
Ownership and Shareholding of Odisha Rail Infrastructure Development Limited
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 Odisha Rail Infrastructure Development Limited
Odisha Rail Infrastructure Development Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Odisha Rail Infrastructure Development Limited
Odisha Rail Infrastructure Development Limited has 2 deals on record (2 secondary share transfers); the latest was in January 2021.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2021 | Secondary share transfer | Undisclosed | Buyer: Government Of Odisha & D P Lal Seller: Government Of Odisha & Brijesh Kumar Gupta |
| Mar 2020 | Secondary share transfer | Undisclosed | Buyer: Government Of Odisha & Brijesh Kumar Gupta Seller: Government Of Odisha & Raghavendra Sharan Dubey |
Full deal history
All 2 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Employees and EPFO Compliance at Odisha Rail Infrastructure Development Limited
Odisha Rail Infrastructure Development Limited has a workforce of 4 employees as of Oct 22, 2024.
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 Odisha Rail Infrastructure Development Limited
Odisha Rail Infrastructure Development Limited has 33 board changes on record since 2017: 8 appointments and 25 cessations. The latest: Anu Garg ceased to be Nominee Director on 01 Jan 2026.
24 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Odisha Rail Infrastructure Development Limited
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 Odisha Rail Infrastructure Development Limited
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 Odisha Rail Infrastructure Development Limited
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 Odisha Rail Infrastructure Development Limited
Odisha Rail Infrastructure Development has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AACCO4684M1Z7 | Odisha | Active | 04 Sep 2018 |
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 Odisha Rail Infrastructure Development Limited
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 Odisha Rail Infrastructure Development Limited
Odisha Rail Infrastructure Development is an active public limited state government company based in Bhubaneswar, Odisha, India. The company works in railway infrastructure development, within the infrastructure and utilities industry. It was incorporated on 23 March 2017 (9+ years old) and is registered under CIN U74999OR2017SGC026765.
Odisha Rail Infrastructure Development reported revenue of ₹3.42 Cr for FY 2025 (up 5% YoY).
Odisha Rail Infrastructure Development has 6 current directors:
- Sadashib Panda - Whole-Time Director
- Sudeep Shrivastava - Nominee Director
- Usha Padhee - Nominee Director
- Deoranjan Kumar Singh - Nominee Director
- Patruni Ramachandra Rao - Nominee Director
- Kaustuva Dipta Pany - Nominee Director
Odisha Rail Infrastructure Development reported a net profit of ₹1.45 Cr (net margin 42.5%) and EBITDA of ₹1.53 Cr (EBITDA margin 44.8%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Odisha Rail Infrastructure Development is 7% over three years. In the latest year (FY 2025) revenue rose 5%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Odisha Rail Infrastructure Development is 21AACCO4684M1Z7, registered in Odisha.
The CIN (Corporate Identification Number) of Odisha Rail Infrastructure Development is U74999OR2017SGC026765. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Odisha Rail Infrastructure Development was incorporated on 23 March 2017, making it 9+ years old. It is registered with the Registrar of Companies, Cuttack.
Odisha Rail Infrastructure Development has 2 deals on record (2 secondary share transfers); the latest was in January 2021.
The peers of Odisha Rail Infrastructure Development by revenue are Ishwara Himalaya Marketing Ventures Private Limited, Navketan Pvt Ltd, Railtranz Consultancy Private Limited, Powersys India Private Limited, Ascn Engineering Private Limited and 5 more, all in the Infrastructure industry (Railway Construction).
Anu Garg ceased to be Nominee Director on 01 Jan 2026. Deoranjan Kumar Singh was appointed as Nominee Director on 01 Jan 2026. Kaustuva Dipta Pany was appointed as Nominee Director on 03 Oct 2025. Odisha Rail Infrastructure Development has 33 board changes on record in total.