About Ideal Industrial Explosives Ltd
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Ideal Industrial Explosives Ltd is a public limited company based in Secunderabad, Telangana, India. It operates in the defence tech and equipment segment of the aerospace, maritime and defence sector. It was incorporated on 30 March 1987 and has been in existence for over 39 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U24110TG1987PLC007324. Its GSTIN is 36AAACI3374G1ZO (Telangana). The company holds 11 GST registrations, of which 6 are active.
The company has an authorised share capital of ₹9 Cr and a paid-up capital of ₹6.5 Cr. It was formerly known as Ideal Industrial Explosives Pvt Ltd. It is led by directors including Poddutur Rajeev Kumar (Managing Director) and Prodduturu Narendarreddy (Whole-Time Director).
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 Secunderabad, Telangana.
As per the financials filed for FY 2024, the company reported a revenue of ₹880.41 Cr, a decline of 18% compared to the previous year. For the same year it recorded a net profit of ₹56.85 Cr (net margin 6.5%) and EBITDA of ₹87.81 Cr (EBITDA margin 10%). Revenue has grown at a compounded annual rate (CAGR) of 29% over three years and 16% over five years.
The company is associated with 1 brand: IDEAL Industrial Explosives Ltd. As per MCA filings, the company has open charges of ₹363.8 Cr and satisfied charges of ₹99.22 Cr on record. Court records list 40 cases involving the company, including 15 filed by the company and 25 filed against it; 13 cases are pending. The company has 5 deals on record (3 funding rounds, 2 secondary share transfers), with disclosed funding of ₹7.5 Cr; the latest was in February 2016. Its 10 peer companies in the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products) are compared by revenue, 5 larger and 5 smaller; the largest is Universal Biofuels Private Limited with revenue of ₹898.98 Cr. The company has 1 MSME Form 1 return on record for the period ending Sep 2019, listing 7 overdue payments to 7 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website idealexplosives.com.
Company details
CIN history
Ideal Industrial Explosives has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U24110TG1987PLC007324, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24110TG1987PLC007324 | Current |
| L24110AP1987PLC007324 | Previous |
| U24110AP1987PLC007324 | Previous |
Contact details
Ideal Industrial Explosives Ltd's registered office is in Secunderabad, Telangana. Its website is idealexplosives.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address2nd Floor Ideal Towers Opp: Bhel Enclave Sy. No.115 Akbar Roa, D Tadbund, Secunderabad, Telangana, India – 500009
- IndustryAerospace, Maritime and Defense, Defence Tech & Equipment
To see the full contact details of Ideal Industrial Explosives Ltd, 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
Ideal Industrial Explosives operates one associated brand: IDEAL Industrial Explosives Ltd. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Produces and supplies industrial explosives, detonators, and accessories for global markets. | idealexplosives.com |
Business activity
The main business activity of Ideal Industrial Explosives is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of Ideal Industrial Explosives Ltd, buy the company report.
Financials of Ideal Industrial Explosives Ltd
FY 2024 filings availableIdeal Industrial Explosives Ltd reported revenue of ₹880.41 Cr (down 18% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 18% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 16%. EBITDA rose 131% 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 | ₹87.81 Cr | ||||
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| Net Profit (PAT) | ₹56.85 Cr | ||||
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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 | 10% | ||||
| Net Profit Margin | 6.5% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Ideal Industrial Explosives Ltd, buy the company report.
Board of directors of Ideal Industrial Explosives Ltd
Ideal Industrial Explosives has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Poddutur Rakesh Kumar Also directs: Sravya Textiles Private Limited, Singareni Chemicals Private Limited, Ideal Detonators Private Limited and 5 more | Director | 16 Mar 2001 | 25 Years 7 Months | Current |
| Soniya Reddy Poddutur | Director | 02 Apr 2021 | 5 Years 6 Months | Current |
| Prodduturu Narendarreddy | Whole-Time Director | 15 Feb 2010 | 16 Years 8 Months | Current |
| Poddutur Rajeev Kumar Also directs: Sravya Textiles Private Limited, Ideal Detonators Private Limited, Sravya Projects Private Limited and 5 more | Managing Director | 03 Nov 1998 | 27 Years 11 Months | Current |
Peer comparison
Ideal Industrial Explosives Ltd is compared with the 10 companies closest to it by revenue in the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Universal Biofuels Private Limited | ₹898.98 Cr (FY 2024) | 271.0% | Hyderabad, Telangana, India | |||
| Omniactive Health Technologies Limited | ₹897.07 Cr (FY 2025) | 6.0% | Mumbai, Maharashtra, India | |||
| Brillon Consumer Products Private Limited | ₹892.42 Cr (FY 2025) | 8.0% | Gurugram, Haryana, India | |||
| Indian Phosphate Limited | ₹885.84 Cr (FY 2025) | 23.0% | Udaipur, Rajasthan, India | |||
| Gulbrandsen Private Limited | ₹884.43 Cr (FY 2025) | 18.0% | Vadodara, Gujarat, India | |||
| Ideal Industrial Explosives Ltdthis company | ₹880.41 Cr (FY 2024) | ₹56.85 Cr | 6.5% | -18.0% | Secunderabad, Telangana, India | |
| Aether Industries Limited | ₹880.33 Cr (FY 2025) | 38.0% | Surat, Gujarat, India | |||
| Ju Agri Sciences Private Limited | ₹874.82 Cr (FY 2024) | 4.0% | New Delhi, Delhi, India | |||
| Sri Sarvaraya Sugars Limited | ₹874.75 Cr (FY 2025) | -13.0% | Chennai, Tamil Nadu, India | |||
| Shiva Pharmachem Limited | ₹873.45 Cr (FY 2025) | 11.0% | Vadodara, Gujarat, India | |||
| Rubicon Research Limited | ₹872.39 Cr (FY 2024) | 108.0% | Thane, Maharashtra, India |
To see the full peer comparison of Ideal Industrial Explosives Ltd, buy the company report.
Auditor
Ideal Industrial Explosives Ltd is audited by Pissay & Co for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Pissay & Co | FY 2022 | 002662-S |
Shareholding
The shareholding of Ideal Industrial Explosives Ltd is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ideal Industrial Explosives Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Dec 2025 | 101211464 | Hdfc Bank Limited | ₹2.68 Cr | Open | |
| 13 Nov 2025 | 101186046 | Others | ₹50 Cr | Open | |
| 23 Jun 2025 | 101125765 | Hdfc Bank Limited | ₹1.86 Cr | Open | |
| 21 May 2025 | 101101952 | Hdfc Bank Limited | ₹2.29 Cr | Open | |
| 25 Feb 2025 | 101055221 | Hdfc Bank Limited | ₹1.31 Cr | Open |
To see the full charge records of Ideal Industrial Explosives Ltd, buy the company report.
Total charge records: 65 View all charges
Deals & funding
Ideal Industrial Explosives Ltd has 5 deals on record (3 funding rounds, 2 secondary share transfers), with disclosed funding of ₹7.5 Cr; the latest was in February 2016.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2016 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Ideal Detonators Private Limited |
| Oct 2015 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
| Mar 2014 | Funding round | ₹4 Cr | Investors: Ideal Detonators Private Limited , 3 individuals |
| Jul 2012 | Funding round | ₹1.05 Cr | Investors: 4 individuals |
| Feb 2008 | Funding round | ₹2.45 Cr | Investors: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Ideal Industrial Explosives Ltd has 40 court cases on record: 15 filed by Ideal Industrial Explosives, 25 filed against it. 13 cases are pending and 27 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 24 | 11 | 6 |
| District courts | 11 | 11 | 3 |
| Supreme Court | 5 | 3 | 4 |
Cases on record (5 of 40)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Calcutta High Court | Court case (FMA) | Filed against the company by Coal India Ltd | Pending |
| Calcutta High Court | Writ petition | Filed by the company against Coal India Ltd & Ors | Pending |
| High Court, TELANGANA | Court case (MACMA) | Filed against the company by United India Insurance Company Limited | Pending |
| Supreme Court | Court case (1201-Competition Laws/ MRTP : Competition Laws/ Monopolies and Restrictive Trade Practices Act, 1969) | Filed against the company by Keltech Energies Limited Through Mr. Vijay Nayak Pangal, Director (Operations) Crescent Towers, 6Th Floor, No. 32/1-2, Crescent Road , District: Bangalore ,Bangalore , Karnataka | Pending |
| Supreme Court | Court case (1201-Competition Laws/ MRTP : Competition Laws/ Monopolies and Restrictive Trade Practices Act, 1969) | Filed by the company against Coal India Limited 10 Netaji Subhash Road, , District: Kolkata , , West Bengal and 1 other | Pending |
To see the full case history of Ideal Industrial Explosives Ltd, 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
Ideal Industrial Explosives Ltd has 1 MSME Form 1 return on record for the period ending Sep 2019, listing 7 overdue payments to 7 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 7)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Amjey Chem Trade Private Limited | |||
| an individual supplier | |||
| Kalyani Polymers Private Limited | |||
| Shree Shyam Trading Co. |
To see the full MSME payment records of Ideal Industrial Explosives Ltd, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Ideal Industrial Explosives has 11 GST registrations: 6 active and 5 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAACI3374G1ZO | Telangana | Active | 01 Jul 2017 |
| 22AAACI3374G3ZV | Chattisgarh | Active | 28 Jun 2017 |
| 21AAACI3374G2ZY | Odisha | Active | 01 Jul 2017 |
| 23AAACI3374G1ZV | Madhya Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ideal Industrial Explosives Ltd, buy the company report.
Recent activity
Ideal Industrial Explosives Ltd has 6 board changes on record since 1998: 4 appointments and 2 cessations. The latest: Soniya Reddy Poddutur ceased to be Additional Director on 30 Nov 2021.
112 earlier events are in the company report.
Frequently asked questions
Ideal Industrial Explosives is an active public limited company based in Secunderabad, Telangana, India. The company works in defence tech and equipment, within the aerospace, maritime and defense industry. It was incorporated on 30 March 1987 (39+ years old) and is registered under CIN U24110TG1987PLC007324.
Ideal Industrial Explosives has 4 current directors:
- Poddutur Rajeev Kumar - Managing Director
- Prodduturu Narendarreddy - Whole-Time Director
- Poddutur Rakesh Kumar - Director
- Soniya Reddy Poddutur - Director
The latest financial statements of Ideal Industrial Explosives 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 Ideal Industrial Explosives is 36AAACI3374G1ZO, registered in Telangana. The company has 11 GST registrations in all, of which 6 are active and 5 are cancelled or inactive. Other active GSTINs include 22AAACI3374G3ZV (Chattisgarh), 21AAACI3374G2ZY (Odisha), 23AAACI3374G1ZV (Madhya Pradesh).
The CIN (Corporate Identification Number) of Ideal Industrial Explosives is U24110TG1987PLC007324. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ideal Industrial Explosives has 40 court cases on record: 15 filed by the company and 25 filed against it. 13 are pending. Most are in the high courts.
Ideal Industrial Explosives was incorporated on 30 March 1987, making it 39+ years old. It is registered with the Registrar of Companies, Hyderabad.
Ideal Industrial Explosives has 5 deals on record (3 funding rounds, 2 secondary share transfers), with disclosed funding of ₹7.5 Cr; the latest was in February 2016.
The peers of Ideal Industrial Explosives by revenue are Universal Biofuels Private Limited, Omniactive Health Technologies Limited, Brillon Consumer Products Private Limited, Indian Phosphate Limited, Gulbrandsen Private Limited and 5 more, all in the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Soniya Reddy Poddutur ceased to be Additional Director on 30 Nov 2021. Soniya Reddy Poddutur was appointed as Director on 02 Apr 2021. Poddutur Sadanand Reddy ceased to be Director on 01 Jan 2017. Ideal Industrial Explosives has 6 board changes on record in total.
Ideal Industrial Explosives has 1 MSME Form 1 return on record for the period ending Sep 2019, listing 7 overdue payments to 7 micro and small suppliers. The latest return was filed on 31 Oct 2019.
Ideal Industrial Explosives can be reached through the website idealexplosives.com. Its registered office is in Secunderabad, Telangana, India.