MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-OD-19-0001467
Corrosion Protection Limited - engineering in Bhubaneswar, Odisha, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹24.93 Cr
▲ 1% YoY
Net profit · FY 2024
₹1.08 Cr
Net margin 4.3%
EBITDA · FY 2024
₹4.18 Cr
EBITDA margin 16.8%
Authorised capital
₹12 Cr
Registered with MCA
Paid-up capital
₹4.22 Cr
Issued & subscribed
Open charges
₹20.71 Cr
Satisfied ₹8.72 Cr
Company age
28 yrs
Est. 1998
Employees · EPFO
41
Provident fund records
About Corrosion Protection Limited
Data last updated:
Corrosion Protection Limited is a public limited company based in Bhubaneswar, Odisha, India. It operates in the metal foundry and fabrication services segment of the engineering sector. It was incorporated on 04 September 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U28920OR1998PLC005445. Its GSTIN is 21AABCC6006C1ZL (Odisha).
The company has an authorised share capital of ₹12 Cr and a paid-up capital of ₹4.22 Cr. It is led by directors including Tarun Kumar Naik and Shrutee Aradhana Mohanty.
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 Plot No. 686/2884 Shanti Nagar Canal Raod Jharpada Laxmisagar, Bhubaneswar, Odisha, India – 751006.
As per the financials filed for FY 2024, the company reported a revenue of ₹24.93 Cr, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹1.08 Cr (net margin 4.3%) and EBITDA of ₹4.18 Cr (EBITDA margin 16.8%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years and 4% over five years.
The company has about 41 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹20.71 Cr and satisfied charges of ₹8.72 Cr on record. Court records list 8 cases involving the company, including 4 filed by the company and 4 filed against it; 3 cases are pending.
Corrosion Protection Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-OD-19-0001467). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website cpplindia.com.
Company details
CIN U28920OR1998PLC005445
Registration Number 005445
Incorporation Date 04 September 1998
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-19-0001467
CIN history
Corrosion Protection has one previous CIN (Corporate Identification Number): U28920OR1998PTC005445. The current CIN is U28920OR1998PLC005445, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U28920OR1998PLC005445 | Current |
| U28920OR1998PTC005445 | Previous |
Key People
Tarun Kumar Naik Additional Director Shrutee Aradhana Mohanty Additional Director Gyana Ranjan Mohanty Additional Director Recognitions & Rankings of Corrosion Protection
Contact details
Corrosion Protection Limited's registered office is in Bhubaneswar, Odisha.
- Registered AddressPlot No. 686/2884 Shanti Nagar Canal Raod Jharpada Laxmisagar, Bhubaneswar, Odisha, India – 751006
- IndustryEngineering, Metal Foundry & Fabrication Services
Comprehensive company report
Corrosion Protection 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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Business activity
The main business activity of Corrosion Protection is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Corrosion Protection Limited, buy the company report.
Financials of Corrosion Protection Limited
FY 2024 filings availableCorrosion Protection Limited reported revenue of ₹24.93 Cr (up 1% YoY) for FY 2024.
Revenue · FY 2024
₹24.93 Cr ▲ 1%
Net profit · FY 2024
₹1.08 Cr margin 4.3%
EBITDA · FY 2024
₹4.18 Cr margin 16.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 1%
3 years · compounded
▲ 18%
5 years · compounded
▲ 4%
EBITDA CAGR growth
1 year
▲ 43%
3 years · compounded
▲ 18%
5 years · compounded
▲ 16%
Revenue has grown at a compounded annual rate (CAGR) of 4% over five years, including 1% growth in the latest year. EBITDA rose 43% 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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| EBITDA | ₹4.18 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.08 Cr | ||||
| 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 | 16.8% | ||||
| Net Profit Margin | 4.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Corrosion Protection Limited, buy the company report.
Board of directors of Corrosion Protection Limited
Corrosion Protection has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Tarun Kumar Naik Also directs: Kalinga Agro and Precision Casting Private Limited | Additional Director | 31 Mar 2023 | 3 Years 7 Months | Current |
| Shrutee Aradhana Mohanty | Additional Director | 11 Dec 2024 | 1 Years 10 Months | Current |
| Gyana Ranjan Mohanty | Additional Director | 07 Jun 2019 | 7 Years 5 Months | Current |
Peer comparison
Corrosion Protection Limited is compared with the 5 companies closest to it by revenue in the Engineering industry (Foundry and Fabrication), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Saraf Roofing Private Limited | ₹25.17 Cr (FY 2024) | 56.0% | Guwahati, Assam, India | |||
| Castpro India Private Limited | ₹25.17 Cr (FY 2024) | 28.0% | Anjar, Gujarat, India | |||
| Alg Engineering Works Private Limited | ₹25.14 Cr (FY 2025) | 15.0% | Ghaziabad, Uttar Pradesh, India | |||
| Corrosion Protection Limitedthis company | ₹24.93 Cr (FY 2024) | ₹1.08 Cr | 4.3% | 1.0% | Bhubaneswar, Odisha, India | |
| Mittal Precision Auto Comps Private Limited | ₹24.81 Cr (FY 2024) | -16.0% | Pune, Maharashtra, India | |||
| Anandha Fabrications Cbe Private Limited | ₹24.68 Cr (FY 2025) | 9.0% | Coimbatore, Tamil Nadu, India |
To see the full peer comparison of Corrosion Protection Limited, buy the company report.
Charges & borrowings
Open charges
₹20.71 Cr
Satisfied charges
₹8.72 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Sep 2025 | 101147747 | Sidbi | ₹42 Lakh | Open | |
| 20 May 2025 | 101097527 | Bank of India | ₹42 Lakh | Open | |
| 09 Jan 2025 | 101030560 | Sidbi | ₹45 Lakh | Open | |
| 18 Dec 2024 | 101017101 | Sidbi | ₹1 Cr | Open | |
| 04 Jun 2024 | 100927679 | Sidbi | ₹67 Lakh | Open |
To see the full charge records of Corrosion Protection Limited, buy the company report.
Total charge records: 25 View all charges
Legal cases
Corrosion Protection Limited has 8 court cases on record: 4 filed by Corrosion Protection, 4 filed against it. 3 cases are pending and 5 are disposed.
Total cases
8
Filed by the company
4
Filed against the company
4
Pending
3
Disposed
5
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 4 | 2 |
| High courts | 3 | 0 | 1 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Cuttack, Odisha | Court case (C.M.A) | Filed against the company by Voltas Ltd. | Disposed |
| High Court of Orissa | Writ petition | Filed by the company against Voltas Limited, Mumbai | Disposed |
| District court, Cuttack, Odisha | Arbitration matter | Filed against the company by Voltas Ltd | Disposed |
| District court, Cuttack, Odisha | Arbitration matter | Filed against the company by Panda Infra Projects Limited | Pending |
| District court, Cuttack, Odisha | Court case (Ex.P.) | Filed by the company against M/S Panda Infraprojects Limited | Pending |
To see the full case history of Corrosion Protection 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
Corrosion Protection Limited was last rated by Brickwork on 28 Jul 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Brickwork | 28 Jul 2020 |
To see the full credit ratings and regulatory alerts of Corrosion Protection Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Corrosion Protection Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Corrosion Protection has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AABCC6006C1ZL | Odisha | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Corrosion Protection Limited, buy the company report.
Recent activity
Corrosion Protection Limited has 9 board changes on record since 2015: 3 appointments and 6 cessations. The latest: Shrutee Aradhana Mohanty was appointed as Additional Director on 11 Dec 2024.
Charges
A charge with Sidbi amounted to Rs. 0.42 Cr with Charge ID 101147747 was registered on 02 Sep 2025.
Charges
A charge registered on 29 Oct 2020 via Charge ID 100405652 with Others was fully satisfied on 01 Jul 2025.
Charges
A charge with Bank Of India amounted to Rs. 0.42 Cr with Charge ID 101097527 was registered on 20 May 2025.
Charges
A charge registered on 26 Jul 2022 via Charge ID 100598582 with Others was fully satisfied on 03 Mar 2025.
Charges
A charge with Sidbi amounted to Rs. 0.45 Cr with Charge ID 101030560 was registered on 09 Jan 2025.
Charges
A charge with Sidbi amounted to Rs. 1.00 Cr with Charge ID 101017101 was registered on 18 Dec 2024.
Appointed
Shrutee Aradhana Mohanty was appointed as Additional Director.
AGM
Corrosion Protection Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Others of Rs. 11.79 Cr registered on 30 Jan 2018 with Charge ID 100159209 was modified on 25 Jun 2024.
Charges
A charge with Sidbi amounted to Rs. 0.67 Cr with Charge ID 100927679 was registered on 04 Jun 2024.
Filing
Corrosion Protection Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Cuttack.
Charges
A charge with Others amounted to Rs. 0.18 Cr with Charge ID 100904338 was registered on 12 Mar 2024.
33 earlier events are in the company report.
Frequently asked questions
Corrosion Protection is an active public limited company based in Bhubaneswar, Odisha, India. The company works in metal foundry and fabrication services, within the engineering industry. It was incorporated on 04 September 1998 (28+ years old) and is registered under CIN U28920OR1998PLC005445.
Corrosion Protection has 3 current directors:
- Tarun Kumar Naik - Additional Director
- Shrutee Aradhana Mohanty - Additional Director
- Gyana Ranjan Mohanty - Additional Director
The latest financial statements of Corrosion Protection 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 Corrosion Protection is 21AABCC6006C1ZL, registered in Odisha.
The CIN (Corporate Identification Number) of Corrosion Protection is U28920OR1998PLC005445. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Corrosion Protection has 8 court cases on record: 4 filed by the company and 4 filed against it. 3 are pending. Most are in the district courts.
Corrosion Protection was incorporated on 04 September 1998, making it 28+ years old. It is registered with the Registrar of Companies, Cuttack.
The peers of Corrosion Protection by revenue are Saraf Roofing Private Limited, Castpro India Private Limited, Alg Engineering Works Private Limited, Mittal Precision Auto Comps Private Limited, Anandha Fabrications Cbe Private Limited, all in the Engineering industry (Foundry and Fabrication), with the same principal business activity (metal and metal products).
Shrutee Aradhana Mohanty was appointed as Additional Director on 11 Dec 2024. Adikanda Das ceased to be Additional Director on 31 Mar 2023. Tarun Kumar Naik was appointed as Additional Director on 31 Mar 2023. Corrosion Protection has 9 board changes on record in total.
Yes, Corrosion Protection is registered as a small enterprise under Udyam registration (number: UDYAM-OD-19-0001467).
Corrosion Protection can be reached through the website cpplindia.com. Its registered office is in Bhubaneswar, Odisha, India.
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