- Category
- Small (2024-25)
- Udyam number
- UDYAM-OD-30-0006483

About Baidyanath Resources Private Limited
Data last updated:
Baidyanath Resources Private Limited is a private limited company based in Rourkela, Odisha, India. It operates in the metals retail and distribution segment of the metals and mining sector. It was incorporated on 30 May 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U27107OR1996PTC004455. Its GSTIN is 21AADCA0712B1ZU (Odisha).
The company has an authorised share capital of ₹4.05 Cr and a paid-up capital of ₹83.83 Lakh. It was formerly known as Agarwal Strips Private Limited. It is led by directors including Asutosh Agarwal and Ashok Agarwal.
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 Wing – A First Floor Bb – 11 Civil Township, Rourkela, Odisha, India – 769004.
As per the financials filed for FY 2025, the company reported a revenue of ₹86.75 Cr, a growth of 21% compared to the previous year. For the same year it recorded a net profit of ₹1.76 Cr (net margin 2%) and EBITDA of ₹3.46 Cr (EBITDA margin 4%). Revenue has grown at a compounded annual rate (CAGR) of 59% over three years and 65% over five years.
As per MCA filings, the company has open charges of ₹20 Cr and satisfied charges of ₹12.4 Cr on record. Court records list 12 cases involving the company, including 5 filed by the company and 7 filed against it; 2 cases are pending.
Baidyanath Resources Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-OD-30-0006483). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website baidyanathgroup.in.
Company details
Recognitions & Rankings of Baidyanath Resources
Contact details
Baidyanath Resources Private Limited's registered office is in Rourkela, Odisha. Its website is baidyanathgroup.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressWing – A First Floor Bb – 11 Civil Township, Rourkela, Odisha, India – 769004
- IndustryMetals and Minerals, Metal Retail & Distribution
To see the full contact details of Baidyanath Resources 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 Baidyanath Resources 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 Baidyanath Resources Private Limited, buy the company report.
Financials of Baidyanath Resources Private Limited
FY 2024 filings availableBaidyanath Resources Private Limited reported revenue of ₹86.75 Cr (up 21% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 65% over five years, including 21% growth in the latest year. EBITDA fell 28% 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 | ₹3.46 Cr | ||||
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| Net Profit (PAT) | ₹1.76 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 4% | ||||
| Net Profit Margin | 2% | ||||
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To see the full financial statements and ratios of Baidyanath Resources Private Limited, buy the company report.
Board of directors of Baidyanath Resources Private Limited
Baidyanath Resources has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Asutosh Agarwal Also directs: Baidyanath Bharat LLP, Baidyanath Ispat Private Limited, Baidyanath Finance Private Limited and 3 more | Director | 10 Oct 2020 | 6 Years 0 Months | Current |
| Ashok Agarwal | Director | 30 May 1996 | 30 Years 4 Months | Current |
| Akash Agarwal Also directs: Baidyanath Ispat Private Limited, Baidyanath Finance Private Limited, Baidyanath Logistics LLP and 1 more | Director | 16 Sep 2021 | 5 Years 1 Months | Current |
Peer comparison
Baidyanath Resources Private Limited is compared with the 7 companies closest to it by revenue in the Metals and Minerals industry (Materials Retail and Distribution, Metal 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 |
|---|---|---|---|---|---|---|
| VGR Logistics Private Limited | ₹87.55 Cr (FY 2025) | 1.0% | Hyderabad, Telangana, India | |||
| Gyan Plantations Private Limited | ₹87.34 Cr (FY 2025) | 162.0% | Mumbai, Maharashtra, India | |||
| KJSL Coal and Power Private Limited | ₹87.31 Cr (FY 2025) | -39.0% | Raipur, Chhattisgarh, India | |||
| Shyamdev Vyapaar Private Limited | ₹86.98 Cr (FY 2025) | -16.0% | Kolkata, West Bengal, India | |||
| Kalpataru Ispat Private Limited | ₹86.95 Cr (FY 2025) | -18.0% | Mumbai, Maharashtra, India | |||
| Baidyanath Resources Private Limitedthis company | ₹86.75 Cr (FY 2025) | ₹1.76 Cr | 2% | 21.0% | Rourkela, Odisha, India | |
| Fuel Sources India Private Limited | ₹86.58 Cr (FY 2025) | -10.0% | Assam, India | |||
| R. R. Energy Limited | ₹86.21 Cr (FY 2024) | 30.0% | Raigarh, Chhattisgarh, India |
To see the full peer comparison of Baidyanath Resources Private Limited, buy the company report.
Auditor
Baidyanath Resources Private Limited is audited by S. MITTAL & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S. MITTAL & CO. | FY 2023 | 328232E |
Shareholding
The shareholding of Baidyanath Resources 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 Baidyanath Resources Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Jun 2025 | 101125406 | Others | ₹20 Cr | Open | |
| 16 Mar 2022 | 100558254 | Axis Bank Limited | ₹8.4 Cr | Satisfied | |
| 13 May 2010 | 10221142 | Bank of Baroda | ₹2.5 Cr | Satisfied | |
| 29 Jan 2010 | 10206891 | Axis Bank Limited | ₹60 Lakh | Satisfied | |
| 11 Sep 2008 | 10123669 | Axis Bank Limited | ₹20 Lakh | Satisfied |
To see the full charge records of Baidyanath Resources Private Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
Baidyanath Resources Private Limited has 12 court cases on record: 5 filed by Baidyanath Resources, 7 filed against it. 2 cases are pending and 10 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 9 | 5 | 1 |
| District courts | 3 | 2 | 1 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Orissa | Writ petition | Filed against the company by M/S KCS Pvt.Ltd, Khurda | Disposed |
| High Court | Court case (COPET) | Filed against the company by Baba Earth Movers Pvt.Ltd. | Disposed |
| High Court, ORISSA | Appeal | Filed against the company by an individual | Pending |
| District court, Sundargarh, Odisha | Court case (1(c)cc) | Filed by the company against Rourkela Technical Education Society | Pending |
| High Court of Orissa | Writ petition | Filed by the company against The Registrar, Debts Recovery Tribunal, Cuttack | Disposed |
To see the full case history of Baidyanath Resources 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 Baidyanath Resources Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Baidyanath Resources has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
Employees & EPFO
Baidyanath Resources Private Limited has 1 active EPFO establishment as of Apr 07, 2024.
GST
Baidyanath Resources has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AADCA0712B1ZU | Odisha | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Baidyanath Resources Private Limited, buy the company report.
Recent activity
Baidyanath Resources Private Limited has 7 board changes on record since 1996: 3 appointments and 4 cessations. The latest: Akash Agarwal was appointed as Director on 16 Sep 2021.
14 earlier events are in the company report.
Frequently asked questions
Baidyanath Resources is an active private limited company based in Rourkela, Odisha, India. The company works in metal retail and distribution, within the metals and minerals industry. It was incorporated on 30 May 1996 (30+ years old) and is registered under CIN U27107OR1996PTC004455.
Baidyanath Resources has 3 current directors:
- Asutosh Agarwal - Director
- Ashok Agarwal - Director
- Akash Agarwal - Director
The latest financial statements of Baidyanath Resources 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 Baidyanath Resources is 21AADCA0712B1ZU, registered in Odisha.
The CIN (Corporate Identification Number) of Baidyanath Resources is U27107OR1996PTC004455. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Baidyanath Resources has 12 court cases on record: 5 filed by the company and 7 filed against it. 2 are pending. Most are in the high courts.
Baidyanath Resources was incorporated on 30 May 1996, making it 30+ years old. It is registered with the Registrar of Companies, Cuttack.
The peers of Baidyanath Resources by revenue are VGR Logistics Private Limited, Gyan Plantations Private Limited, KJSL Coal and Power Private Limited, Shyamdev Vyapaar Private Limited, Kalpataru Ispat Private Limited and 2 more, all in the Metals and Minerals industry (Materials Retail and Distribution, Metal Retail and Distribution), with the same principal business activity (wholesale trading).
Akash Agarwal was appointed as Director on 16 Sep 2021. Akash Agarwal ceased to be Managing Director on 16 Jan 2021. Anita Agarwal ceased to be Director on 10 Oct 2020. Baidyanath Resources has 7 board changes on record in total.
Yes, Baidyanath Resources is registered as a small enterprise under Udyam registration (number: UDYAM-OD-30-0006483).
Baidyanath Resources can be reached through the website baidyanathgroup.in. Its registered office is in Rourkela, Odisha, India.