MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-OD-07-0004644
Adinarayan Associates Private Limited
Adinarayan Associates Private Limited - pharma in Cuttack, Odisha, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹34.35 Cr
▲ 201% YoY
Net profit · FY 2024
₹45.97 Lakh
Net margin 1.3%
EBITDA · FY 2024
₹66.79 Lakh
EBITDA margin 1.9%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹2 Lakh
Issued & subscribed
Open charges
₹2.4 Cr
Secured borrowings
Company age
14 yrs
Est. 2012
Employees · EPFO
24
Provident fund records
About Adinarayan Associates Private Limited
Data last updated:
Adinarayan Associates Private Limited is a private limited company based in Cuttack, Odisha, India. It operates in the pharmaceutical retail and distribution segment of the pharmaceuticals sector. It was incorporated on 24 April 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U51397OR2012PTC015288. Its GSTIN is 21AAKCA5455C1Z3 (Odisha).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors Mamata Patro Talasu and Biswanath Patro Talasu.
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 Arunodaya Nagar Link Road, Cuttack, Odisha, India – 753012.
As per the financials filed for FY 2024, the company reported a revenue of ₹34.35 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹45.97 Lakh (net margin 1.3%) and EBITDA of ₹66.79 Lakh (EBITDA margin 1.9%). Revenue has grown at a compounded annual rate (CAGR) of 93% over three years and 112% over five years.
The company has about 24 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹2.4 Cr on record. Court records list 7 cases involving the company, including 7 filed by the company; 7 cases are pending.
Adinarayan Associates Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-OD-07-0004644). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U51397OR2012PTC015288
Registration Number 015288
Incorporation Date 24 April 2012
ROC Cuttack
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-OD-07-0004644
Recognitions & Rankings of Adinarayan Associates
Contact details
Adinarayan Associates Private Limited's registered office is in Cuttack, Odisha. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressArunodaya Nagar Link Road, Cuttack, Odisha, India – 753012
- IndustryPharma, Pharmaceutical Retailers & Distributors
To see the full contact details of Adinarayan Associates Private Limited, buy the company report.
Comprehensive company report
Adinarayan Associates Private 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Adinarayan Associates is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Adinarayan Associates Private Limited, buy the company report.
Financials of Adinarayan Associates Private Limited
FY 2025 filings availableAdinarayan Associates Private Limited reported revenue of ₹34.35 Cr (up 201% YoY) for FY 2024.
Revenue · FY 2024
₹34.35 Cr ▲ 201%
Net profit · FY 2024
₹45.97 Lakh margin 1.3%
EBITDA · FY 2024
₹66.79 Lakh margin 1.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 201%
3 years · compounded
▲ 93%
5 years · compounded
▲ 112%
EBITDA CAGR growth
1 year
▼ 8%
3 years · compounded
▲ 26%
5 years · compounded
▲ 35%
Revenue has grown at a compounded annual rate (CAGR) of 112% over five years, including 201% growth in the latest year. EBITDA fell 8% 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 |
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| Total Expenses | |||||
| EBITDA | ₹66.79 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹45.97 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.9% | ||||
| Net Profit Margin | 1.3% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Adinarayan Associates Private Limited, buy the company report.
Board of directors of Adinarayan Associates Private Limited
Adinarayan Associates has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mamata Patro Talasu Also directs: Glosun Pharmaceuticals Private Limited | Director | 24 Apr 2012 | 14 Years 6 Months | Current |
| Biswanath Patro Talasu Also directs: Glosun Pharmaceuticals Private Limited | Director | 24 Apr 2012 | 14 Years 6 Months | Current |
Peer comparison
Adinarayan Associates Private Limited is compared with the 3 companies closest to it by revenue in the Pharma industry (Pharma Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Raghavam Logistics Private Limited | ₹34.67 Cr (FY 2025) | -7.0% | Raipur, Chhattisgarh, India | |||
| Medsol India Overseas Private Limited | ₹34.67 Cr (FY 2025) | 17.0% | Noida, Uttar Pradesh, India | |||
| Aril Bioscience Private Limited | ₹34.52 Cr (FY 2025) | 36.0% | Mumbai, Maharashtra, India | |||
| Adinarayan Associates Private Limitedthis company | ₹34.35 Cr (FY 2024) | ₹45.97 Lakh | 1.3% | 201.0% | 24 | Cuttack, Odisha, India |
To see the full peer comparison of Adinarayan Associates Private Limited, buy the company report.
Auditor
Adinarayan Associates Private Limited is audited by M P MUNDHRA & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M P MUNDHRA & CO | FY 2023 | 326998E |
Shareholding
The shareholding of Adinarayan Associates 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 Adinarayan Associates Private Limited, buy the company report.
Charges & borrowings
Open charges
₹2.4 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Aug 2020 | 100366872 | Others | ₹2.4 Cr | Open |
To see the full charge records of Adinarayan Associates Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Adinarayan Associates Private Limited has 7 court cases on record: 7 filed by Adinarayan Associates. All cases are pending.
Total cases
7
Filed by the company
7
Pending
7
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 0 | 7 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Cuttack, Odisha | Court case (1C.C) | Filed by the company against M/S Unisafe Health Care and Hygiene India Pvt Ltd Prop. Tania Sinha | Pending |
| District court, Cuttack, Odisha | Court case (1C.C. (R)) | Filed by the company against M/S Maxon Distributors Prop. Saroj Kumar Behera | Pending |
| District court, Cuttack, Odisha | Court case (1C.C) | Filed by the company against M/S Maa Budhi Agency Prop. Ashutosh Panigrahi | Pending |
| District court, Cuttack, Odisha | Court case (1C.C) | Filed by the company against M/S Shree Ram Agency Prop. Diptimayee Swain | Pending |
| District court, Cuttack, Odisha | Court case (1C.C) | Filed by the company against M/S.Unisafe Health Care and Hygien India Pvt Ltd,,Dir,Tania Sahi | Pending |
To see the full case history of Adinarayan Associates 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 Adinarayan Associates Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Adinarayan Associates Private Limited has a workforce of 24 employees on its EPFO records as of Mar 27, 2024, across 1 active EPFO establishment.
Employee count
24
Active EPFO establishments
1
Employee growth
4.35%
GST
Adinarayan Associates has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AAKCA5455C1Z3 | Odisha | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Adinarayan Associates Private Limited, buy the company report.
Recent activity
Adinarayan Associates Private Limited has 2 board changes on record since 2012: 2 appointments. The latest: Biswanath Patro Talasu was appointed as Director on 24 Apr 2012.
AGM
Adinarayan Associates Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Adinarayan Associates Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Cuttack.
Charges
A charge with Others of Rs. 240.00 Lakh registered on 07 Aug 2020 with Charge ID 100366872 was modified on 29 Jan 2025.
Charges
A charge with Others amounted to Rs. 240.00 Lakh with Charge ID 100366872 was registered on 07 Aug 2020.
Appointed
Biswanath Patro Talasu was appointed as Director.
Appointed
Mamata Patro Talasu was appointed as Director.
Incorporation
24 Apr 2012
Adinarayan Associates Private Limited was registered on 24 Apr 2012 with Roc Cuttack & aged 14 years 6 months as per MCA records.
Frequently asked questions
Adinarayan Associates is an active private limited company based in Cuttack, Odisha, India. The company works in pharmaceutical retailers and distributors, within the pharma industry. It was incorporated on 24 April 2012 (14+ years old) and is registered under CIN U51397OR2012PTC015288.
Adinarayan Associates has 2 current directors:
- Mamata Patro Talasu - Director
- Biswanath Patro Talasu - Director
The latest financial statements of Adinarayan Associates 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 GSTIN of Adinarayan Associates is 21AAKCA5455C1Z3, registered in Odisha.
The CIN (Corporate Identification Number) of Adinarayan Associates is U51397OR2012PTC015288. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Adinarayan Associates has 7 court cases on record: 7 filed by the company. 7 are pending.
Adinarayan Associates was incorporated on 24 April 2012, making it 14+ years old. It is registered with the Registrar of Companies, Cuttack.
The peers of Adinarayan Associates by revenue are Raghavam Logistics Private Limited, Medsol India Overseas Private Limited, Aril Bioscience Private Limited, all in the Pharma industry (Pharma Retail and Distribution), with the same principal business activity (wholesale trading).
Biswanath Patro Talasu was appointed as Director on 24 Apr 2012. Mamata Patro Talasu was appointed as Director on 24 Apr 2012.
Yes, Adinarayan Associates is registered as a small enterprise under Udyam registration (number: UDYAM-OD-07-0004644).
The registered office of Adinarayan Associates is at Arunodaya Nagar Link Road, Cuttack, Odisha, India – 753012.