MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-OD-19-0005632
Adarsh Noble Corporation Limited - engineering in Bhubaneswar, Odisha, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹6.95 Cr
▼ 60% YoY
Net profit · FY 2024
₹14.32 Lakh
Net margin 2.1%
EBITDA · FY 2024
₹1.33 Cr
EBITDA margin 19.1%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹1.93 Cr
Issued & subscribed
Open charges
₹12 Cr
Satisfied ₹13.06 Cr
Company age
20 yrs
Est. 2006
Employees · EPFO
9
Provident fund records
About Adarsh Noble Corporation Limited
Data last updated:
Adarsh Noble Corporation Limited is a public limited company based in Bhubaneswar, Odisha, India. It operates in the procurement and construction (epc) segment of the engineering sector. It was incorporated on 25 September 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U29246OR2006PLC008957. Its GSTIN is 21AAGCA0009G1ZJ (Odisha). The company holds 6 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹1.93 Cr. It was formerly known as Adarsh Noble Corporation Private Limited and Adarsh Corporation Private Limited. It is led by directors including Prashanta Kumar Patel and Akshya Kumar Dash.
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 At – A/61 Palaspalli Kargil Road, Bhubaneswar, Odisha, India – 751020.
As per the financials filed for FY 2024, the company reported a revenue of ₹6.95 Cr, a decline of 60% compared to the previous year. For the same year it recorded a net profit of ₹14.32 Lakh (net margin 2.1%) and EBITDA of ₹1.33 Cr (EBITDA margin 19.1%). Revenue has declined at a compounded annual rate (CAGR) of 35% over three years and 32% over five years.
The company has about 9 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Adarsh Asia. As per MCA filings, the company has open charges of ₹12 Cr and satisfied charges of ₹13.06 Cr on record. Court records list 29 cases involving the company, including 8 filed by the company and 21 filed against it; 15 cases are pending.
Adarsh Noble Corporation Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-OD-19-0005632). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website adarshasia.com.
Company details
CIN U29246OR2006PLC008957
Registration Number 008957
Incorporation Date 25 September 2006
ROC Cuttack
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-OD-19-0005632
Name history
Adarsh Noble Corporation has undergone 2 name changes throughout its history. The company was previously known as Adarsh Noble Corporation Private Limited, and Adarsh Corporation Private Limited. The current legal name is Adarsh Noble Corporation Limited.
| Company Name | Status |
|---|---|
| Adarsh Noble Corporation Limited | Current |
| Adarsh Noble Corporation Private Limited | Previous |
| Adarsh Corporation Private Limited | Previous |
CIN history
Adarsh Noble Corporation has one previous CIN (Corporate Identification Number): U29246OR2006PTC008957. The current CIN is U29246OR2006PLC008957, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U29246OR2006PLC008957 | Current |
| U29246OR2006PTC008957 | Previous |
Recognitions & Rankings of Adarsh Noble Corporation
Contact details
Adarsh Noble Corporation Limited's registered office is in Bhubaneswar, Odisha. Its website is adarshasia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressAt – A/61 Palaspalli Kargil Road, Bhubaneswar, Odisha, India – 751020
- IndustryEngineering, Procurement & Construction (EPC), Engineering
To see the full contact details of Adarsh Noble Corporation Limited, buy the company report.
Comprehensive company report
Adarsh Noble Corporation Limited - one report that includes everything
- 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
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Brands
Adarsh Noble Corporation operates one associated brand: Adarsh Asia. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Engineering, procurement, and construction services in industrial infrastructure sectors. | adarshasia.com |
Business activity
The main business activity of Adarsh Noble Corporation is construction. In detail, this covers demolition & site preparation, electrical, plumbing & other specialized construction activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F3 | Demolition & site preparation, Electrical, plumbing & other Specialized construction Activities |
To see the full business activity and turnover split of Adarsh Noble Corporation Limited, buy the company report.
Financials of Adarsh Noble Corporation Limited
FY 2024 filings availableAdarsh Noble Corporation Limited reported revenue of ₹6.95 Cr (down 60% YoY) for FY 2024.
Revenue · FY 2024
₹6.95 Cr ▼ 60%
Net profit · FY 2024
₹14.32 Lakh margin 2.1%
EBITDA · FY 2024
₹1.33 Cr margin 19.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 60%
3 years · compounded
▼ 35%
5 years · compounded
▼ 32%
EBITDA CAGR growth
1 year
▼ 10%
3 years · compounded
▼ 12%
5 years · compounded
▼ 16%
Revenue has declined at a compounded annual rate (CAGR) of 32% over five years, including a 60% fall in the latest year. EBITDA fell 10% 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 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 | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹1.33 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹14.32 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 19.1% | ||||
| Net Profit Margin | 2.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick 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 Adarsh Noble Corporation Limited, buy the company report.
Board of directors of Adarsh Noble Corporation Limited
Adarsh Noble Corporation has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prashanta Kumar Patel | Director | 25 Sep 2006 | 20 Years 1 Months | Current |
| Akshya Kumar Dash | Director | 25 Sep 2006 | 20 Years 1 Months | Current |
| Manmath Kumar Acharya | Director | 25 Sep 2006 | 20 Years 1 Months | Current |
Auditor
Adarsh Noble Corporation Limited is audited by A K ACHARYA & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A K ACHARYA & CO. | FY 2023 | 218454 |
Shareholding
The shareholding of Adarsh Noble Corporation 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 Adarsh Noble Corporation Limited, buy the company report.
Charges & borrowings
Open charges
₹12 Cr
Satisfied charges
₹13.06 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Jul 2022 | 100597149 | Others | ₹12 Cr | Open | |
| 17 Jan 2009 | 10140694 | Axis Bank Limited | ₹13.06 Cr | Satisfied |
To see the full charge records of Adarsh Noble Corporation Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Adarsh Noble Corporation Limited has 29 court cases on record: 8 filed by Adarsh Noble Corporation, 21 filed against it. 15 cases are pending and 14 are disposed.
Total cases
29
Filed by the company
8
Filed against the company
21
Pending
15
Disposed
14
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 15 | 12 | 8 |
| High courts | 13 | 8 | 6 |
| Supreme Court | 1 | 1 | 1 |
Cases on record (5 of 29)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (0304-Arbitration Law and Other Alternative Dispute Resolution : Challenge to arbitral award, matters relating to execution under Section 36, under Section 34/Section 37 of the Arbitration & Conciliation Act, 1996 and challenges to arbitral award under Arbitration Act, 1940) | Filed against the company by Indian Oil Corporation Ltd. and 1 other | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Case) | Filed against the company by Dmsons Metal Pvt Ltd Through Its Authorised Representative Mr Santosh Eknath Gadkar | Pending |
| District court, Khurda, Odisha | Commercial suit | Filed against the company by Tuv Sud South Asia Pvt Ltd | Pending |
| High Court of Delhi | Arbitration matter | Filed by the company against M/S Indian Oil Corporation Ltd. | Pending |
| High Court of Orissa | Appeal | Filed by the company against M/S. Bridge and Roof Company (India) Limited,Kolkata | Pending |
To see the full case history of Adarsh Noble Corporation 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.
Credit ratings & regulatory alerts
Adarsh Noble Corporation Limited was last rated by Care on 19 Sep 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 19 Sep 2022 |
To see the full credit ratings and regulatory alerts of Adarsh Noble Corporation Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Adarsh Noble Corporation Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Adarsh Noble Corporation Limited has a workforce of 9 employees on its EPFO records as of Apr 02, 2024, across 1 active EPFO establishment.
Employee count
9
Active EPFO establishments
1
Employee growth
-87.67%
GST
Adarsh Noble Corporation has 6 GST registrations: 1 active and 5 cancelled or inactive.
Total GSTINs
6
Active
1
Cancelled / inactive
5
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AAGCA0009G1ZJ | Odisha | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Adarsh Noble Corporation Limited, buy the company report.
Recent activity
Adarsh Noble Corporation Limited has 5 board changes on record since 2006: 3 appointments and 2 cessations. The latest: Satya Narayan Patri ceased to be Ceo(Kmp) on 05 Nov 2019.
AGM
Adarsh Noble Corporation Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Adarsh Noble Corporation Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Cuttack.
Charges
A charge with Others of Rs. 12.00 Cr registered on 11 Jul 2022 with Charge ID 100597149 was modified on 07 Feb 2024.
Charges
A charge registered on 17 Jan 2009 via Charge ID 10140694 with Axis Bank Limited was fully satisfied on 14 Jun 2023.
Charges
A charge with Others amounted to Rs. 12.00 Cr with Charge ID 100597149 was registered on 11 Jul 2022.
Charges
A charge with Axis Bank Limited of Rs. 13.06 Cr registered on 17 Jan 2009 with Charge ID 10140694 was modified on 10 Jul 2020.
Ceased
Satya Narayan Patri ceased to be Ceo(Kmp).
Ceased
Mamata Acharya ceased to be Director.
Charges
A charge with Axis Bank Limited amounted to Rs. 13.06 Cr with Charge ID 10140694 was registered on 17 Jan 2009.
Appointed
Akshya Kumar Dash was appointed as Director.
Appointed
Manmath Kumar Acharya was appointed as Director.
Appointed
Prashanta Kumar Patel was appointed as Director.
1 earlier event is in the company report.
Frequently asked questions
Adarsh Noble Corporation is an active public limited company based in Bhubaneswar, Odisha, India. The company works in procurement and construction (epc), within the engineering industry. It was incorporated on 25 September 2006 (20+ years old) and is registered under CIN U29246OR2006PLC008957.
Adarsh Noble Corporation has 3 current directors:
- Prashanta Kumar Patel - Director
- Akshya Kumar Dash - Director
- Manmath Kumar Acharya - Director
The latest financial statements of Adarsh Noble Corporation on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Adarsh Noble Corporation is 21AAGCA0009G1ZJ, registered in Odisha. The company has 6 GST registrations in all, of which 1 is active and 5 are cancelled or inactive.
The CIN (Corporate Identification Number) of Adarsh Noble Corporation is U29246OR2006PLC008957. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Adarsh Noble Corporation has 29 court cases on record: 8 filed by the company and 21 filed against it. 15 are pending. Most are in the district courts.
Adarsh Noble Corporation was incorporated on 25 September 2006, making it 20+ years old. It is registered with the Registrar of Companies, Cuttack.
Satya Narayan Patri ceased to be Ceo(Kmp) on 05 Nov 2019. Mamata Acharya ceased to be Director on 27 Aug 2018. Akshya Kumar Dash was appointed as Director on 25 Sep 2006. Adarsh Noble Corporation has 5 board changes on record in total.
Yes, Adarsh Noble Corporation is registered as a small enterprise under Udyam registration (number: UDYAM-OD-19-0005632).
Adarsh Noble Corporation can be reached through the website adarshasia.com. Its registered office is in Bhubaneswar, Odisha, India.
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