MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-OD-19-0001498
Duro Pipes Pvt Ltd - metals and minerals in Bhubaneswar, Odisha, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹8.73 Cr
▼ 16% YoY
Net profit · FY 2024
₹5.23 Lakh
Net margin 0.6%
EBITDA · FY 2024
₹60.19 Lakh
EBITDA margin 6.9%
Authorised capital
₹1.5 Cr
Registered with MCA
Paid-up capital
₹1.5 Cr
Issued & subscribed
Open charges
₹8.01 Cr
Secured borrowings
Company age
45 yrs
Est. 1981
Employees · EPFO
10
Provident fund records
About Duro Pipes Pvt Ltd
Data last updated:
Duro Pipes Pvt Ltd is a private limited company based in Bhubaneswar, Odisha, India. It operates in the construction materials distribution segment of the metals and mining sector. It was incorporated on 02 May 1981 and has been in existence for over 45 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U25209OR1981PTC000942. Its GSTIN is 21AAACD7881M1ZF (Odisha).
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.5 Cr. It is led by directors including Imraan Ahmed (Managing Director) and Ferhat Ahmed.
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 51A Sector – A Mancheswawarindustrial Estate, Bhubaneswar, Odisha, India.
As per the financials filed for FY 2024, the company reported a revenue of ₹8.73 Cr, a decline of 16% compared to the previous year. For the same year it recorded a net profit of ₹5.23 Lakh (net margin 0.6%) and EBITDA of ₹60.19 Lakh (EBITDA margin 6.9%). Revenue has declined at a compounded annual rate (CAGR) of 8% over three years and 3% over five years.
The company has about 10 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹8.01 Cr on record. Court records list 9 cases involving the company, including 7 filed by the company and 2 filed against it; 2 cases are pending. The company has 7 deals on record (3 secondary share transfers, 2 rights issues, 2 funding rounds), with disclosed funding of ₹35 Lakh; the latest was in March 2022. Its 10 peer companies in the Manufacturing industry (Fittings, Pipes) are compared by revenue, 5 larger and 5 smaller; the largest is Techman Systems Private Limited with revenue of ₹8.82 Cr.
Duro Pipes Pvt Ltd is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-OD-19-0001498). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website duroplastindia.com.
Company Details of Duro Pipes Pvt Ltd
CIN U25209OR1981PTC000942
Registration Number 000942
Incorporation Date 02 May 1981
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-19-0001498
Recognitions & Rankings of Duro Pipes
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address51A Sector – A Mancheswawarindustrial Estate, Bhubaneswar, Odisha, India
- IndustryMetals and Minerals, Construction Materials Retail & Distribution
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Business Activity of Duro Pipes Pvt Ltd
The main business activity of Duro Pipes is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
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Financials of Duro Pipes Pvt Ltd FY 2024 filings available
Duro Pipes Pvt Ltd reported revenue of ₹8.73 Cr (down 16% YoY) for FY 2024.
Revenue · FY 2024
₹8.73 Cr ▼ 16%
Net profit · FY 2024
₹5.23 Lakh margin 0.6%
EBITDA · FY 2024
₹60.19 Lakh margin 6.9%
Compounded Annual Growth Rate (CAGR) of Duro Pipes Pvt Ltd
Revenue CAGR growth
1 year
▼ 16%
3 years · compounded
▼ 8%
5 years · compounded
▼ 3%
EBITDA CAGR growth
3 years · compounded
▲ 14%
5 years · compounded
▼ 5%
Revenue has declined at a compounded annual rate (CAGR) of 3% over five years, including a 16% fall 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 Duro Pipes Pvt Ltd
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹60.19 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹5.23 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 Duro Pipes Pvt Ltd
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.6% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Duro Pipes are in the company report.
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Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
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Verified entity values are shown only after access is granted.
Board of Directors of Duro Pipes Pvt Ltd
Duro Pipes has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ferhat Ahmed | Director | 24 Sep 2001 | 25 Years 0 Months | Current |
| Rizwana Ashraf | Director | 24 Sep 2001 | 25 Years 0 Months | Current |
| Imraan Ahmed Also directs: Duro Apparels Private Limited | Managing Director | 16 Aug 2003 | 23 Years 2 Months | Current |
Peer Comparison of Duro Pipes Pvt Ltd
Duro Pipes Pvt Ltd is compared with the companies closest to it by revenue in the Manufacturing industry (Fittings, Pipes). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Techman Systems Private Limited | ₹8.82 Cr (FY 2025) | •••• | •••• | 146.0% | •••• | Navi Mumbai, Maharashtra, India |
| Aptus Windows Private Limited | ₹8.8 Cr (FY 2025) | •••• | •••• | -39.0% | •••• | Gurgaon, Haryana, India |
| Quality PVC Pipes Private Limited | ₹8.8 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | Hyderabad, Telangana, India |
| A B Plasto Private Limited | ₹8.78 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | Delhi, India |
| STL Exports Limited | ₹8.73 Cr (FY 2018) | •••• | •••• | -81.0% | •••• | Sarangpur Rajgarh, Madhya Pradesh, India |
| Duro Pipes Pvt Ltd this company | ₹8.73 Cr (FY 2024) | •••• | •••• | -16.0% | •••• | Bhubaneswar, Odisha, India |
| Kurukshetra Techno Plast Private Limited | ₹8.7 Cr (FY 2025) | •••• | •••• | 19.0% | •••• | Kurukshetra, Haryana, India |
| Magnum Engineers India Private Limited | ₹8.67 Cr (FY 2024) | •••• | •••• | -2.0% | •••• | Delhi, India |
| Shakun Socket Industries Private Limited | ₹8.63 Cr (FY 2022) | •••• | •••• | 12.0% | •••• | New Delhi, Delhi, India |
| Mepla-Utturkar Fittings Private Limited | ₹8.62 Cr (FY 2024) | •••• | •••• | -5.0% | •••• | Pune, Maharashtra, India |
| Vraj Polymers Private Limited | ₹8.62 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Duro Pipes by revenue in the Manufacturing industry (Fittings, Pipes), 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 Duro Pipes Pvt Ltd
Duro Pipes Pvt Ltd is audited by CHAND & CO for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| CHAND & CO | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Duro Pipes Pvt Ltd
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
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Charges & Borrowings of Duro Pipes Pvt Ltd
Open charges
₹8.01 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Mar 2022 | Bank of India | ₹13.18 Lakh | Open |
| 26 Mar 2002 | State Bank of India | ₹4.65 Cr | Open |
| 27 Sep 1988 | State Bank of India | ₹1.1 Cr | Open |
| 27 Sep 1988 | State Bank of India | ₹2.04 Cr | Open |
| 27 Sep 1988 | State Bank of India | ₹9 Lakh | Open |
Total charge records: 5 View all charges
Deals & Funding of Duro Pipes Pvt Ltd
Duro Pipes Pvt Ltd has 7 deals on record (3 secondary share transfers, 2 rights issues, 2 funding rounds), with disclosed funding of ₹35 Lakh; the latest was in March 2022.
Total deals
7
Secondary share transfers
3
Rights issues
2
Funding rounds
2
Disclosed funding
₹35 Lakh
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2022 | Rights issue | ₹30 Lakh | Investors: 3 individuals |
| Oct 2020 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2020 | Rights issue | ₹20 Lakh | Investors: 3 individuals |
| May 2012 | Funding round | ₹20 Lakh | Investors: 4 individuals |
| Oct 2010 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
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Full deal history
All 7 deals with amounts, valuations, instruments and every party are in the company report.
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Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Duro Pipes Pvt Ltd
Duro Pipes Pvt Ltd has 9 court cases on record: 7 filed by Duro Pipes, 2 filed against it. 2 cases are pending and 7 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Total cases
9
Filed by the company
7
Filed against the company
2
Pending
2
Disposed
7
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 6 | 0 | 0 |
| District courts | 3 | 2 | 2 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, North Twenty Four Parganas, West Bengal | Criminal complaint | Filed against the company by Shakambari Enterprises (India) Private Limited | Pending |
| District court, Kalahandi, Odisha | Civil suit | Filed against the company by an individual | Pending |
| High Court of Orissa | Court case (STREV) | Filed by the company against State of Orissa | Disposed |
| District court, Khurda, Odisha | Court case (I . c. c) | Filed by the company against an individual | Disposed |
| High Court of Orissa | Writ petition | Filed by the company against State | Disposed |
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Full case history
All 9 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
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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.
Employees and EPFO Compliance at Duro Pipes Pvt Ltd
Duro Pipes Pvt Ltd has a workforce of 8 employees as of Mar 27, 2024.
Employee count
8
Active EPFO establishments
1
Employee growth
-20%
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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 Duro Pipes Pvt Ltd
Duro Pipes Pvt Ltd has 5 board changes on record since 1987: 4 appointments and 1 cessation. The latest: Ahmed Khalid ceased to be Managing Director on 01 Apr 2020.
AGM
Duro Pipes Pvt Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Duro Pipes Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Cuttack.
Charges
A charge with Bank Of India amounted to Rs. 0.13 Cr with Charge ID 100562035 was registered on 30 Mar 2022.
Charges
A charge with State Bank Of India of Rs. 4.65 Cr registered on 26 Mar 2002 with Charge ID 90081122 was modified on 30 Oct 2020.
Ceased
Ahmed Khalid ceased to be Managing Director.
Charges
A charge with State Bank Of India of Rs. 2.04 Cr registered on 27 Sep 1988 with Charge ID 90080705 was modified on 23 Aug 2005.
Appointed
Imraan Ahmed was appointed as Managing Director.
Charges
A charge with State Bank Of India amounted to Rs. 4.65 Cr with Charge ID 90081122 was registered on 26 Mar 2002.
Charges
A charge with State Bank Of India of Rs. 1.10 Cr registered on 27 Sep 1988 with Charge ID 90078903 was modified on 18 Dec 2001.
Appointed
Ferhat Ahmed was appointed as Director.
Appointed
Rizwana Ashraf was appointed as Director.
Charges
A charge with State Bank Of India of Rs. 0.09 Cr registered on 27 Sep 1988 with Charge ID 90081632 was modified on 30 Aug 1991.
5 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Duro Pipes Pvt Ltd
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Credit ratings, litigation, and regulatory alerts
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MSME Payment Delays by Duro Pipes Pvt Ltd
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MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
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Subsidiaries & Group Companies of Duro Pipes Pvt Ltd
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Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
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GST Compliance of Duro Pipes Pvt Ltd
Duro Pipes has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AAACD7881M1ZF | Odisha | Active | 01 Jul 2017 |
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MCA Filings & Documents of Duro Pipes Pvt Ltd
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Frequently Asked Questions about Duro Pipes Pvt Ltd
Duro Pipes is an active private limited company based in Bhubaneswar, Odisha, India. The company works in construction materials retail and distribution, within the metals and minerals industry. It was incorporated on 02 May 1981 (45+ years old) and is registered under CIN U25209OR1981PTC000942.
Duro Pipes reported revenue of ₹8.73 Cr for FY 2024 (down 16% YoY).
Duro Pipes has 3 current directors:
- Imraan Ahmed - Managing Director
- Ferhat Ahmed - Director
- Rizwana Ashraf - Director
Duro Pipes reported a net profit of ₹5.23 Lakh (net margin 0.6%) and EBITDA of ₹60.19 Lakh (EBITDA margin 6.9%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Duro Pipes is -8% over three years and -3% over five years. In the latest year (FY 2024) revenue fell 16%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Duro Pipes is 21AAACD7881M1ZF, registered in Odisha.
The CIN (Corporate Identification Number) of Duro Pipes is U25209OR1981PTC000942. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Duro Pipes has 9 court cases on record: 7 filed by the company and 2 filed against it. 2 are pending. Most are in the high courts.
Duro Pipes was incorporated on 02 May 1981, making it 45+ years old. It is registered with the Registrar of Companies, Cuttack.
Duro Pipes has 7 deals on record (3 secondary share transfers, 2 rights issues, 2 funding rounds), with disclosed funding of ₹35 Lakh; the latest was in March 2022.
The peers of Duro Pipes by revenue are Techman Systems Private Limited, Aptus Windows Private Limited, Quality PVC Pipes Private Limited, A B Plasto Private Limited, STL Exports Limited and 5 more, all in the Manufacturing industry (Fittings, Pipes).