About Bhubaneswar Smart City Limited
Data last updated:
Bhubaneswar Smart City Limited is a public limited company based in Bhubaneswar, Odisha, India. It operates in the general infrastructure services segment of the infrastructure and utilities sector. It was incorporated on 08 March 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U74990OR2016PLC020016. Its GSTIN is 21AAGCB6754P1ZB (Odisha).
The company has an authorised share capital of ₹500 Cr and a paid-up capital of ₹250 Cr. It is led by directors including Noonsavath Thirumala Naik (Managing Director) and Sunil Kumar Das.
Its last annual general meeting (AGM) was held on 31 December 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at 5th Floor Bmc Icomc Tower Unit IX, Bhubaneswar, Odisha, India – 751022.
As per the financials filed for FY 2021, the company reported a revenue of ₹25.76 Cr, a growth of 29% compared to the previous year. For the same year it recorded a net loss of ₹24.62 Cr (net margin -95.6%) and EBITDA of ₹12.45 Cr (EBITDA margin 48.3%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years.
The company is associated with 1 brand: Bhubaneswar Smart City Limited. Court records list 26 cases involving the company, including 26 filed against it; 11 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website smartcitybhubaneswar.gov.in.
Company details
Contact details
Bhubaneswar Smart City Limited's registered office is in Bhubaneswar, Odisha. Its website is smartcitybhubaneswar.gov.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered Address5th Floor Bmc Icomc Tower Unit IX, Bhubaneswar, Odisha, India – 751022
- IndustryInfrastructure and Utilities, General Infrastructure Services
To see the full contact details of Bhubaneswar Smart City 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
Brands
Bhubaneswar Smart City operates one associated brand: Bhubaneswar Smart City Limited. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Urban development projects and smart city initiatives are managed in Bhubaneswar, Odisha. | smartcitybhubaneswar.gov.in |
Business activity
The main business activity of Bhubaneswar Smart City is construction. In detail, this covers roads, railways, utility projects.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F2 | Roads, railways, Utility projects |
To see the full business activity and turnover split of Bhubaneswar Smart City Limited, buy the company report.
Financials of Bhubaneswar Smart City Limited
FY 2021 filings availableBhubaneswar Smart City Limited reported revenue of ₹25.76 Cr (up 29% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 13% over three years, including 29% growth in the latest year. EBITDA rose 382% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹25.76 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹12.45 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹24.62 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
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 48.3% | ||||
| Net Profit Margin | -95.6% | ||||
| 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 | |||||
To see the full financial statements and ratios of Bhubaneswar Smart City Limited, buy the company report.
Board of directors of Bhubaneswar Smart City Limited
Bhubaneswar Smart City has 7 current directors and 43 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manoj Kumar Mishra Also directs: Angul Sukinda Railway Limited, Brahmani Railways Limited | Nominee Director | 19 Aug 2019 | 7 Years 2 Months | Current |
| Raj Kumar | Nominee Director | 17 Sep 2019 | 7 Years 1 Months | Current |
| Sunil Kumar Das | Director | 12 Dec 2022 | 3 Years 10 Months | Current |
| Govindarajan Mathivathanan | Nominee Director | 08 Mar 2016 | 10 Years 8 Months | Current |
| Noonsavath Thirumala Naik Also directs: Capital Region Urban Transport | Managing Director | 21 Aug 2024 | 2 Years 2 Months | Current |
| Padmaja Mishra Also directs: Gridco Limited | Director | 26 Mar 2021 | 5 Years 7 Months | Current |
Auditor
Bhubaneswar Smart City Limited is audited by T. K. AGARWALLA & CO. for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| T. K. AGARWALLA & CO. | FY 2021 | 0325201E |
Shareholding
The shareholding of Bhubaneswar Smart City Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Bhubaneswar Smart City Limited, buy the company report.
Legal cases
Bhubaneswar Smart City Limited has 26 court cases on record: 26 filed against it. 11 cases are pending and 15 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 24 | 24 | 10 |
| District courts | 1 | 1 | 1 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 26)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Orissa | Arbitration matter | Filed against the company by S M Consultants Private Limited, BBSR | Pending |
| High Court of Orissa | Arbitration matter | Filed against the company by M/S. RKD Construction Pvt Ltd.,Bbsr | Pending |
| Supreme Court | Court case (1807-Ordinary Civil Matters : Others) | Filed against the company by M/S. Enkon Pvt. Ltd. | Disposed |
| High Court | Writ petition | Filed against the company by M/S.Enkon Pvt.Ltd. | Disposed |
| High Court of Orissa | Writ petition | Filed against the company | Pending |
To see the full case history of Bhubaneswar Smart City 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 Bhubaneswar Smart City Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Bhubaneswar Smart City has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AAGCB6754P1ZB | Odisha | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Bhubaneswar Smart City Limited, buy the company report.
Recent activity
Bhubaneswar Smart City Limited has 48 board changes on record since 2016: 10 appointments and 38 cessations. The latest: Vishal Kumar Dev ceased to be Nominee Director on 31 Mar 2025.
39 earlier events are in the company report.
Frequently asked questions
Bhubaneswar Smart City is an active public limited company based in Bhubaneswar, Odisha, India. The company works in general infrastructure services, within the infrastructure and utilities industry. It was incorporated on 08 March 2016 (10+ years old) and is registered under CIN U74990OR2016PLC020016.
Bhubaneswar Smart City has 7 current directors:
- Noonsavath Thirumala Naik - Managing Director
- Manoj Kumar Mishra - Nominee Director
- Raj Kumar - Nominee Director
- Sunil Kumar Das - Director
- Govindarajan Mathivathanan - Nominee Director
- Padmaja Mishra - Director
- Surendra Kumar - Nominee Director
The latest financial statements of Bhubaneswar Smart City on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 31 December 2021. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Bhubaneswar Smart City is 21AAGCB6754P1ZB, registered in Odisha.
The CIN (Corporate Identification Number) of Bhubaneswar Smart City is U74990OR2016PLC020016. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bhubaneswar Smart City has 26 court cases on record: 26 filed against it. 11 are pending. Most are in the high courts.
Bhubaneswar Smart City was incorporated on 08 March 2016, making it 10+ years old. It is registered with the Registrar of Companies, Cuttack.
Vishal Kumar Dev ceased to be Nominee Director on 31 Mar 2025. Panchanana Mahanta was appointed as Company Secretary on 11 Dec 2024. Noonsavath Thirumala Naik was appointed as Managing Director on 21 Aug 2024. Bhubaneswar Smart City has 48 board changes on record in total.
Bhubaneswar Smart City can be reached through the website smartcitybhubaneswar.gov.in. Its registered office is in Bhubaneswar, Odisha, India.
The registered office of Bhubaneswar Smart City is at 5th Floor Bmc Icomc Tower Unit IX, Bhubaneswar, Odisha, India – 751022.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
