About Durentek Ventures Private Limited
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Durentek Ventures Private Limited is a private limited company based in Bhubaneswar, Orissa, India, recognised as a startup by DPIIT. It operates in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 22 August 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U51909OR2020PTC033846.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Minaram Patnaik (Managing Director) and Amiya Kumari Pattnaik.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Plot No – 480/306 Balianta, Bhubaneswar, Orissa, India – 752101.
As per the financials filed for FY 2022, the company reported a revenue of ₹4.69 Lakh, a growth of 49% compared to the previous year. For the same year it recorded a net profit of ₹6,670 (net margin 1.4%) and EBITDA of ₹10,820 (EBITDA margin 2.3%).
The company is associated with 1 brand: Durentek Ventures.
For more details, the company can be reached via its website durentek.com.
- EmailLocked
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- WebsiteLocked
- Social Media
- Registered AddressPlot No – 480/306 Balianta, Bhubaneswar, Orissa, India – 752101
- IndustryTravel and Hospitality, Hotel & Accommodation Services
- 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
- One PDF report, delivered after checkout
Business Activity of Durentek Ventures Private Limited
The main business activity of Durentek Ventures is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities | 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 Durentek Ventures Private Limited FY 2023 filings available
Durentek Ventures Private Limited reported revenue of ₹4.69 Lakh (up 49% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR) of Durentek Ventures Private Limited
Revenue rose 49% in the latest year. EBITDA rose 44% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Durentek Ventures Private Limited
| Metrics | 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 | ₹10,820 | •••• |
| Profit Before Tax | •••• | •••• |
| Tax Expense | •••• | •••• |
| Net Profit (PAT) | ₹6,670 | •••• |
| 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 Durentek Ventures Private Limited
| Metrics | FY 2021-22 | FY 2020-21 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 2.3% | •••• |
| Net Profit Margin | 1.4% | •••• |
| 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 Durentek Ventures are in the company report.
Financial statements from FY 2021
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 Durentek Ventures Private Limited
Durentek Ventures Private Limited is compared with the companies closest to it by revenue in the Consumer Services industry (Hotels). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Itpo Services Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Dii Consentes Hospitality Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Janiv Industries Private Limited | •••• | •••• | •••• | •••• | - | Aurangabad, Maharashtra, India |
| Nagpur Modern Hospitality Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Regania Hotels and Resorts Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Durentek Ventures Private Limited this company | •••• | •••• | •••• | •••• | - | Bhubaneswar, Orissa, India |
| Wilderness Retreat Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Pradip Credit Pvt Ltd | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Ghughuti Resorts Private Limited | •••• | •••• | •••• | •••• | - | Uttarakhand, India |
| Grand Amanta Hotels & Resorts Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Anjan Residency and Hotels Private Limited | •••• | •••• | •••• | •••• | - | Chennai, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Durentek Ventures by revenue in the Consumer Services industry (Hotels), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Board of Directors of Durentek Ventures Private Limited
Durentek Ventures has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amiya Kumari Pattnaik | Director | 22 Aug 2020 | 6 Years 1 Months | Current |
| Minaram Patnaik | Managing Director | 22 Aug 2020 | 6 Years 1 Months | Current |
Charges & Borrowings of Durentek Ventures Private Limited
Durentek Ventures Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Durentek Ventures Private Limited
Durentek Ventures operates one associated brand: Durentek Ventures. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| HR management services are provided to businesses by Durentek Ventures. | durentek.com |
Employees and EPFO Compliance at Durentek Ventures Private Limited
Employment history and EPFO contributions of people linked to Durentek Ventures.
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 Durentek Ventures Private Limited
Durentek Ventures Private Limited has 2 board changes on record since 2020: 2 appointments. The latest: Amiya Kumari Pattnaik was appointed as Director on 22 Aug 2020.
Credit Ratings, Litigation & Regulatory Alerts for Durentek Ventures 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 Durentek Ventures 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 Durentek Ventures 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 Durentek Ventures Private Limited
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 Durentek Ventures 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 Durentek Ventures Private Limited
Durentek Ventures is an active private limited company based in Bhubaneswar, Orissa, India. The company works in hotel and accommodation services, within the travel and hospitality industry. It was incorporated on 22 August 2020 (6+ years old) and is registered under CIN U51909OR2020PTC033846.
Durentek Ventures reported revenue of ₹4.69 Lakh for FY 2022 (up 49% YoY).
Durentek Ventures has 2 current directors:
- Minaram Patnaik - Managing Director
- Amiya Kumari Pattnaik - Director
Durentek Ventures reported a net profit of ₹6,670 (net margin 1.4%) and EBITDA of ₹10,820 (EBITDA margin 2.3%) for FY 2022, as per its filed financial statements.
The CIN (Corporate Identification Number) of Durentek Ventures is U51909OR2020PTC033846. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Durentek Ventures was incorporated on 22 August 2020, making it 6+ years old. It is registered with the Registrar of Companies, Cuttack.
The peers of Durentek Ventures by revenue are Itpo Services Limited, Dii Consentes Hospitality Private Limited, Janiv Industries Private Limited, Nagpur Modern Hospitality Private Limited, Regania Hotels and Resorts Private Limited and 5 more, all in the Consumer Services industry (Hotels).
Amiya Kumari Pattnaik was appointed as Director on 22 Aug 2020. Minaram Patnaik was appointed as Managing Director on 22 Aug 2020.
Yes, Durentek Ventures is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Durentek Ventures can be reached through the website durentek.com. Its registered office is in Bhubaneswar, Orissa, India.
The registered office of Durentek Ventures is at Plot No – 480306 Balianta, Bhubaneswar, Orissa, India – 752101.