Cronus Solutions (India) Private Limited

Cronus Solutions (India) Private Limited - consumer electronics & durables in Bhubaneswar, Odisha, India. Directors, charges & compliance details.
CIN U72900OR2010PTC012228 Incorporated 14 July 2010 ROC Cuttack HQ Bhubaneswar, Odisha, India
Struck Off Private Limited Company consumer electronics and durables
Data last updated
Revenue · FY 2019
₹62.38 Lakh
▼ 64% YoY
Net loss · FY 2019
₹15.09 Lakh
Net margin -24.2%
EBITDA · FY 2019
-₹15.03 Lakh
EBITDA margin -24.1%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Company age
16 yrs
Est. 2010
Employees · EPFO
10
Provident fund records
Directors on board
2
As per MCA filings

About Cronus Solutions (India) Private Limited

Data last updated:

Cronus Solutions (India) Private Limited was a private limited company based in Bhubaneswar, Odisha, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 14 July 2010.

The company was registered with the Registrar of Companies (ROC), Cuttack, under CIN U72900OR2010PTC012228. The company has 1 GST registration on record, which is no longer active.

The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It was led by directors Ghanashyam Sahoo (Managing Director) and Bibhuti Bhusan Sahoo.

Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at Plot No – 841 2nd Floor Rasulgarh Cuttack Road, Bhubaneswar, Odisha, India – 751010.

As per the financials filed for FY 2019, the company reported a revenue of ₹62.38 Lakh, a decline of 64% compared to the previous year. For the same year it recorded a net loss of ₹15.09 Lakh (net margin -24.2%) and EBITDA of -₹15.03 Lakh (EBITDA margin -24.1%). Revenue has grown at a compounded annual rate (CAGR) of 24% over three years and 34% over five years.

The company had about 10 employees on its provident fund (EPFO) records before it was struck off.

Court records list 4 cases involving the company, including 4 filed by the company; 3 cases are pending.

The last known website on record is cronussolutions.co.uk.

Company Details of Cronus Solutions (India) Private Limited
CIN U72900OR2010PTC012228
Registration Number 012228
Incorporation Date 14 July 2010
ROC Cuttack
Listing Status Unlisted
Company Status Struck Off
Date of Last AGM 30 September 2019
Date of Balance Sheet 31 March 2019
Compliance Status Active Non-Compliant
Key People
Ghanashyam Sahoo Managing Director Bibhuti Bhusan Sahoo Director
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    cronussolutions.co.uk
  • Social Media
    Locked
  • Registered Address
    Plot No – 841 2nd Floor Rasulgarh Cuttack Road, Bhubaneswar, Odisha, India – 751010
  • Industry
    Consumer Electronics & Durables, Electronic Appliances Retail & Distribution
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Financials, compliance, directors, charges, ownership and filings for Cronus Solutions (India) Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Business Activity of Cronus Solutions (India) Private Limited

The main business activity of Cronus Solutions (India) is trade. In detail, this covers wholesale trading.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
GTradeG1Wholesale TradingLocked
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Turnover share and past changes in activity are in the company report.

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Financials of Cronus Solutions (India) Private Limited FY 2019 filings available

Cronus Solutions (India) Private Limited reported revenue of ₹62.38 Lakh (down 64% YoY) for FY 2019.

Revenue · FY 2019
₹62.38 Lakh ▼ 64%
Net loss · FY 2019
₹15.09 Lakh margin -24.2%
EBITDA · FY 2019
-₹15.03 Lakh margin -24.1%

Compounded Annual Growth Rate (CAGR) of Cronus Solutions (India) Private Limited

Revenue CAGR growth
1 year
▼ 64%
3 years · compounded
▼ 24%
5 years · compounded
▲ 34%
EBITDA CAGR growth
1 year
▼ 291%
3 years · compounded
▼ 129%
5 years · compounded
▼ 18%

Revenue fell 64% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 34%. EBITDA fell 291% 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 Cronus Solutions (India) Private Limited

MetricsFY 2018-19FY 2017-18FY 2016-17FY 2015-16FY 2014-15
Profit and Loss Statement
Revenue from Operations₹62.38 Lakh••••••••••••••••
Other Income••••••••••••••••••••
Total Revenue••••••••••••••••••••
Cost of Materials Consumed••••••••••••••••••••
Employee Benefit Expense••••••••••••••••••••
Finance Costs••••••••••••••••••••
Depreciation and Amortisation••••••••••••••••••••
Other Expenses••••••••••••••••••••
Total Expenses••••••••••••••••••••
EBITDA-₹15.03 Lakh••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)-₹15.09 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 Cronus Solutions (India) Private Limited

MetricsFY 2018-19FY 2017-18FY 2016-17FY 2015-16FY 2014-15
Profitability
EBITDA Margin-24.1%••••••••••••••••
Net Profit Margin-24.2%••••••••••••••••
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 Cronus Solutions (India) are in the company report.

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Financial statements from 2015

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Peer Comparison of Cronus Solutions (India) Private Limited

Cronus Solutions (India) Private Limited is compared with the companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
B2win Global Private Limited₹62.63 Lakh (FY 2025)••••••••7.0%••••Mumbai, Maharashtra, India
Alric Infra Private Limited₹62.53 Lakh (FY 2019)••••••••••••Panipat, Haryana, India
Premium Creations Private Limited₹62.47 Lakh (FY 2025)••••••••-65.0%••••New Delhi, Delhi, India
Mann Aircon Private Limited₹62.45 Lakh (FY 2024)••••••••-10.0%••••New Delhi, Delhi, India
Solfit Energy Private Limited₹62.39 Lakh (FY 2025)••••••••••••Jodhpur, Rajasthan, India
Cronus Solutions (India) Private Limited this company₹62.38 Lakh (FY 2019)••••••••-64.0%••••Bhubaneswar, Odisha, India
Clare Solar Private Limited₹62.33 Lakh (FY 2025)••••••••-36.0%••••Faridabad, Haryana, India
Applied Data Systems Private Limited₹62.25 Lakh (FY 2025)••••••••-6.0%••••Chennai, Tamil Nadu, India
Modern Radio House (India) Private Limited₹62.14 Lakh (FY 2025)••••••••-17.0%••••Delhi, India
Maxwell Electrodeal Private Limited₹62.12 Lakh (FY 2025)••••••••-9.0%••••Vadodara, Gujarat, India
Vincitepro Solutions Private Limited₹62.09 Lakh (FY 2025)••••••••-12.0%••••Bangalore, Karnataka, India

Peers are the five companies nearest above and the five nearest below Cronus Solutions (India) by revenue in the Consumer Durables industry (Electronic Appliances Retail and Distribution), 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 Cronus Solutions (India) Private Limited

Cronus Solutions (India) Private Limited is audited by SITAKANTA SAHOO & CO for the financial year 2019.

NameStatusAppointment DateCessation Date
SITAKANTA SAHOO & COLockedLockedLocked
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Board of Directors of Cronus Solutions (India) Private Limited

Cronus Solutions (India) has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Bibhuti Bhusan SahooDirector31 Dec 20169 Years 9 MonthsAs last reported
Ghanashyam SahooManaging Director14 Jul 201016 Years 2 MonthsAs last reported
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Ownership and Shareholding of Cronus Solutions (India) Private Limited

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Charges & Borrowings of Cronus Solutions (India) Private Limited

Cronus Solutions (India) Private Limited does not have any charges (loans) registered with the Registrar of Companies.

Employees and EPFO Compliance at Cronus Solutions (India) Private Limited

Employment history and EPFO contributions of people linked to Cronus Solutions (India).

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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Recent Activity on Cronus Solutions (India) Private Limited

Cronus Solutions (India) Private Limited has 6 board changes on record since 2010: 2 appointments and 4 cessations. The latest: Deepak Kumar Mohanty ceased to be Director on 30 Nov 2021.

Ceased
Deepak Kumar Mohanty ceased to be Director.
Ceased
Lachhaman Sahoo ceased to be Director.
AGM
Cronus Solutions (India) Private Limited last Annual general meeting of members was held on 30 Sep 2019 as per latest MCA records.
Filing
Cronus Solutions (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Cuttack.
Appointed
Bibhuti Bhusan Sahoo was appointed as Director.
Ceased
Bishnu Charan Sahoo ceased to be Director.
Ceased
Satyabrat Sahoo ceased to be Director.
Appointed
Ghanashyam Sahoo was appointed as Managing Director.
Incorporation
14 Jul 2010
Cronus Solutions (India) Private Limited was registered on 14 Jul 2010 with Roc Cuttack & aged 16 years 2 months as per MCA records.

Credit Ratings, Litigation & Regulatory Alerts for Cronus Solutions (India) Private Limited

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MSME Payment Delays by Cronus Solutions (India) Private Limited

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Subsidiaries & Group Companies of Cronus Solutions (India) Private Limited

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GST Compliance of Cronus Solutions (India) Private Limited

Cronus Solutions (India) has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.

Total GSTINs
1
Cancelled / inactive
1
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MCA Filings & Documents of Cronus Solutions (India) Private Limited

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Frequently Asked Questions about Cronus Solutions (India) Private Limited

Cronus Solutions (India) has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.

Cronus Solutions (India) was a private limited company based in Bhubaneswar, Odisha, India. The company worked in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 14 July 2010 and is registered under CIN U72900OR2010PTC012228. The company has been struck off by the Registrar of Companies and is no longer operational.

Cronus Solutions (India) had 2 directors:

The CIN (Corporate Identification Number) of Cronus Solutions (India) is U72900OR2010PTC012228. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

The registered office of Cronus Solutions (India) is at Plot No – 841 2nd Floor Rasulgarh Cuttack Road, Bhubaneswar, Odisha, India – 751010.

Cronus Solutions (India) was incorporated on 14 July 2010. It is registered with the Registrar of Companies, Cuttack.

Cronus Solutions (India) can be reached through the website cronussolutions.co.uk. Its registered office is in Bhubaneswar, Odisha, India.

Cronus Solutions (India) reported revenue of ₹62.38 Lakh for FY 2019 (down 64% YoY).

Cronus Solutions (India) has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh.

Cronus Solutions (India) reported a net loss of ₹15.09 Lakh (net margin -24.2%) and EBITDA of -₹15.03 Lakh (EBITDA margin -24.1%) for FY 2019, as per its filed financial statements.

No. Cronus Solutions (India) has 1 GST registration on record and it is cancelled or inactive.

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