Akriti Resources Private Limited
About Akriti Resources Private Limited
Data last updated:
Akriti Resources Private Limited is a private limited company based in Bhubaneswar, Odisha, India. It operates in the petrochemicals and derivatives segment of the chemicals and materials sector. It was incorporated on 05 December 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U29100OR2013PTC017620. Its GSTIN is 21AAMCA2230M1ZX (Odisha).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹7.9 Lakh. It is led by directors Ravi Kumar Newatia and Nafis Fazle Sayed.
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 Bhubaneswar, Odisha.
As per the financials filed for FY 2025, the company reported a revenue of ₹29.71 Cr, a growth of 72% compared to the previous year. For the same year it recorded a net profit of ₹37.43 Lakh (net margin 1.3%) and EBITDA of ₹1.05 Cr (EBITDA margin 3.5%). Revenue has grown at a compounded annual rate (CAGR) of 39% over three years and 43% over five years.
The company has about 10 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹5.78 Cr and satisfied charges of ₹1.45 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressPlot No – 40/1326 Khata No – 257/438 Mouza Shyamsunderpur Tahasil – Bhubanesw, Ar, Bhubaneswar, Odisha, India – 751024
- IndustryChemicals and Materials, Petrochemicals & Derivatives
- 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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Business Activity of Akriti Resources Private Limited
The main business activity of Akriti Resources is manufacturing. In detail, this covers coke and refined petroleum products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C5 | Coke and refined petroleum products | 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 Akriti Resources Private Limited FY 2025 filings available
Akriti Resources Private Limited reported revenue of ₹29.71 Cr (up 72% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Akriti Resources Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 43% over five years, including 72% growth in the latest year. EBITDA rose 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 of Akriti Resources Private 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 | ₹1.05 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹37.43 Lakh | •••• | •••• | •••• | •••• |
| 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 Akriti Resources Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.3% | •••• | •••• | •••• | •••• |
| 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 Akriti Resources 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.
Peer Comparison of Akriti Resources Private Limited
Akriti Resources Private Limited is compared with the companies closest to it by revenue in the Chemicals industry (Petrochemicals). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Pioneer Petro Chem Private Limited | ₹30.75 Cr (FY 2024) | •••• | •••• | 63.0% | •••• | New Delhi, Delhi, India |
| Cat's Whiskers Pvt. Ltd. | ₹30.51 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | Howrah, West Bengal, India |
| SRK Petrochemicals Limited | ₹30.41 Cr (FY 2025) | •••• | •••• | 39.0% | •••• | New Delhi, Delhi, India |
| Breakeven Petrochemicals Private Limited | ₹30.21 Cr (FY 2019) | •••• | •••• | -26.0% | •••• | Noida, Uttar Pradesh, India |
| JNS Petrochem Private Limited | ₹30.19 Cr (FY 2025) | •••• | •••• | 554.0% | •••• | Vadodara, Gujarat, India |
| Akriti Resources Private Limited this company | ₹29.71 Cr (FY 2025) | •••• | •••• | 72.0% | •••• | Bhubaneswar, Odisha, India |
| Genesis Petrochemicals & Logistics Private Limited | ₹29.54 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | Visakhapatnam, Andhra Pradesh, India |
| Ark Autocorp Private Limited | ₹29.35 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Jaipur, Rajasthan, India |
| Monisha Corp Private Limited | ₹29.35 Cr (FY 2025) | •••• | •••• | 47.0% | •••• | Mumbai, Maharashtra, India |
| Shivam Petrochemicals Private Limited | ₹29.32 Cr (FY 2025) | •••• | •••• | -7.0% | •••• | Sangrur, Punjab, India |
| Vintrol Lubes Private Limited | ₹29.17 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Akriti Resources by revenue in the Chemicals industry (Petrochemicals), 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 Akriti Resources Private Limited
Akriti Resources Private Limited is audited by SPP ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SPP ASSOCIATES | 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 Akriti Resources Private Limited
Akriti Resources has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ravi Kumar Newatia | Director | 30 Sep 2016 | 10 Years 0 Months | Current |
| Nafis Fazle Sayed Also directs: Nordyne Industries Private Limited, Ecological Machines Private Limited, Incredible Innovations Private Limited and 1 more | Director | 05 Dec 2013 | 12 Years 10 Months | Current |
Ownership and Shareholding of Akriti Resources Private 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 Akriti Resources Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 Apr 2022 | Hdfc Bank Limited | ₹9.6 Lakh | Open |
| 25 Mar 2022 | Hdfc Bank Limited | ₹86.95 Lakh | Open |
| 23 Jul 2021 | Hdfc Bank Limited | ₹4.81 Cr | Open |
| 06 Oct 2020 | Hdfc Bank Limited | ₹70 Lakh | Satisfied |
| 31 Aug 2019 | Others | ₹68.37 Lakh | Satisfied |
Total charge records: 6 View all charges
Employees and EPFO Compliance at Akriti Resources Private Limited
Akriti Resources Private Limited has a workforce of 10 employees as of Apr 08, 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 Akriti Resources Private Limited
Akriti Resources Private Limited has 6 board changes on record since 2013: 2 appointments and 4 cessations. The latest: Mohamed Sadique Amin ceased to be Director on 01 Jul 2019.
8 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Akriti Resources Private 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 Akriti Resources Private 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 Akriti Resources Private 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 Akriti Resources Private Limited
Akriti Resources has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AAMCA2230M1ZX | Odisha | Active | 01 Jul 2017 |
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 Akriti Resources Private 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 Akriti Resources Private Limited
Akriti Resources is an active private limited company based in Bhubaneswar, Odisha, India. The company works in petrochemicals and derivatives, within the chemicals and materials industry. It was incorporated on 05 December 2013 (13+ years old) and is registered under CIN U29100OR2013PTC017620.
Akriti Resources reported revenue of ₹29.71 Cr for FY 2025 (up 72% YoY).
Akriti Resources has 2 current directors:
- Ravi Kumar Newatia - Director
- Nafis Fazle Sayed - Director
Akriti Resources reported a net profit of ₹37.43 Lakh (net margin 1.3%) and EBITDA of ₹1.05 Cr (EBITDA margin 3.5%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Akriti Resources is 39% over three years and 43% over five years. In the latest year (FY 2025) revenue rose 72%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Akriti Resources is 21AAMCA2230M1ZX, registered in Odisha.
The CIN (Corporate Identification Number) of Akriti Resources is U29100OR2013PTC017620. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Akriti Resources was incorporated on 05 December 2013, making it 13+ years old. It is registered with the Registrar of Companies, Cuttack.
The peers of Akriti Resources by revenue are Pioneer Petro Chem Private Limited, Cat's Whiskers Pvt. Ltd, SRK Petrochemicals Limited, Breakeven Petrochemicals Private Limited, JNS Petrochem Private Limited and 5 more, all in the Chemicals industry (Petrochemicals).
Mohamed Sadique Amin ceased to be Director on 01 Jul 2019. Nadeem Qureshi ceased to be Director on 01 Jul 2019. Mohammed Irfan ceased to be Director on 28 May 2018. Akriti Resources has 6 board changes on record in total.
The registered office of Akriti Resources is at Plot No – 401326 Khata No – 257438 Mouza Shyamsunderpur Tahasil – Bhubanesw, Ar, Bhubaneswar, Odisha, India – 751024.