About Indian Explosives Private Limited
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Indian Explosives Private Limited is a foreign private limited company based in Hyderabad, Telangana, India, a subsidiary of Orica Investments Pty Ltd. It operates in the chemical products segment of the chemicals sector. It was incorporated on 17 May 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U24100TS1999FTC181373. Its GSTIN is 36AAACI6548N2Z2 (Telangana). The company holds 10 GST registrations, of which 8 are active.
The company has an authorised share capital of ₹50 Cr and a paid-up capital of ₹22.51 Cr. It was formerly known as Indian Explosives Limited. It is led by directors including Rajendra Konidina and Seetharaman Prashanth.
Its last annual general meeting (AGM) was held on 10 March 2025, and its latest financial statements are for the year ended 30 September 2024. The registered office is at Tower – 100 Unit No – 0302 3rd Floor The Spire Plot No – 4, Survey No 83/1 Hyderabad Knowledge City Layout Raidurgam, Telangana, India – 500032.
As per the financials filed for FY 2022, the company reported a revenue of ₹357.92 Cr, a growth of 23% compared to the previous year. Revenue has grown at a compounded annual rate (CAGR) of 1% over three years.
The company has about 463 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Orica. As per MCA filings, the company has satisfied charges of ₹65 Cr on record. Court records list 36 cases involving the company, including 31 filed by the company and 4 filed against it; 15 cases are pending. The company has 2 deals on record (1 rights issue, 1 secondary share transfer); the latest was in March 2024. Its 10 peer companies in the Defence industry (Defence Accessories and Components) are compared by revenue, 5 larger and 5 smaller; the largest is Ifb Automotive Private Limited with revenue of ₹466.42 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website orica.com.
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- Registered AddressTower – 100 Unit No – 0302 3rd Floor The Spire Plot No – 4, Survey No 83/1 Hyderabad Knowledge City Layout Raidurgam, Telangana, India – 500032
- IndustryChemicals, Chemical Products, Medicinal Chemical & Botanical Products, Pharmaceuticals
- 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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Financials of Indian Explosives Private Limited FY 2024 filings available
Indian Explosives Private Limited reported revenue of ₹357.92 Cr (up 23% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR) of Indian Explosives Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 1% over three years, including 23% growth 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 Indian Explosives Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| 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 | •••• | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | •••• | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Indian Explosives Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | •••• | •••• | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| 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 Indian Explosives are in the company report.
Financial statements from 2015
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 Indian Explosives Private Limited
Indian Explosives Private Limited is compared with the companies closest to it by revenue in the Defence industry (Defence Accessories and Components). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ifb Automotive Private Limited | ₹466.42 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | Kolkata, West Bengal, India |
| Premier Explosives Limited Listed | ₹419.57 Cr (FY 2025) | •••• | •••• | 52.0% | •••• | Secunderabad, Andhra Pradesh, India |
| Ananth Technologies Private Limited | ₹416.7 Cr (FY 2025) | •••• | •••• | 51.0% | •••• | Hyderabad, Telangana, India |
| Tata Advanced Materials Limited | ₹380.38 Cr (FY 2020) | •••• | •••• | -9.0% | •••• | Karnataka, India |
| Paras Defence and Space Technologies Limited Listed | ₹372.58 Cr (FY 2025) | •••• | •••• | 42.0% | •••• | Navi Mumbai, Maharashtra, India |
| Indian Explosives Private Limited this company | ₹357.92 Cr (FY 2022) | •••• | •••• | 23.0% | •••• | Hyderabad, Telangana, India |
| Kalyani Rafael Advanced Systems Private Limited | ₹323.4 Cr (FY 2025) | •••• | •••• | 17.0% | •••• | Pune, Maharashtra, India |
| Alpha-Elsec Defence & Aerospace Systems Private Limited | ₹311 Cr (FY 2025) | •••• | •••• | 62.0% | •••• | Bangalore, Karnataka, India |
| Hicotronics Devices Private Limited | ₹298.13 Cr (FY 2025) | •••• | •••• | 17.0% | •••• | Bangalore, Karnataka, India |
| Defsys Solutions Private Limited | ₹282.43 Cr (FY 2024) | •••• | •••• | -24.0% | •••• | New Delhi, Delhi, India |
| Micron Instruments Private Limited | ₹253.76 Cr (FY 2025) | •••• | •••• | 22.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Indian Explosives by revenue in the Defence industry (Defence Accessories and Components), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Indian Explosives Private Limited
Indian Explosives has 3 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajendra Konidina | Director | 10 Aug 2022 | 4 Years 2 Months | Current |
| Seetharaman Prashanth | Director | 23 Sep 2022 | 4 Years 0 Months | Current |
| Abhishek Biswas | Director | 17 Apr 2023 | 3 Years 5 Months | Current |
Charges & Borrowings of Indian Explosives Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 16 May 2000 | Anz Grindlays Bank Limited | ₹30 Cr | Satisfied |
| 23 Mar 2000 | State Bank of India | ₹35 Cr | Satisfied |
Total charge records: 2 View all charges
Deals & Funding of Indian Explosives Private Limited
Indian Explosives Private Limited has 2 deals on record (1 rights issue, 1 secondary share transfer); the latest was in March 2024.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2024 | Rights issue | ₹9.1 Cr | Investors: Orica Investment Pty Limited |
| Sep 2006 | Secondary share transfer | Undisclosed | Seller: Orica Investment Pty Limited |
Full deal history
All 2 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Indian Explosives Private Limited
Indian Explosives Private Limited has 36 court cases on record: 31 filed by Indian Explosives, 4 filed against it, 1 where it is another party. 15 cases are pending and 21 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 29 | 0 | 12 |
| District courts | 6 | 3 | 3 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 36)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Kisetsu Saison Finance (India) Private Limited | Pending |
| District court, Rangareddy, Telangana | Execution petition | Filed by the company against Siby Mining and Infrastructure Private Limited | Pending |
| Calcutta High Court | Writ petition | Filed by the company against Coal India Ltd Govt of India Undertaking | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Kisetsu Saison Finance (India) Private Limited | Disposed |
| Calcutta High Court | Court case (IP-COM) | Filed by the company against Ideal Detonators Private Limited | Disposed |
Full case history
All 36 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 Indian Explosives Private Limited
Employment history and EPFO contributions of people linked to Indian Explosives.
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.
CIN History of Indian Explosives Private Limited
Indian Explosives has 6 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U24100TS1999FTC181373, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24100TS1999FTC181373 | Current |
| U24292WB1999FTC089431 | Previous |
| U14100WB1999FTC089431 | Previous |
| U24292WB1999FLC089431 | Previous |
| U24292WB1999PLC089431 | Previous |
| L24292WB1999PLC089431 | Previous |
| U24100WB1999FTC089431 | Previous |
News related to Indian Explosives Private Limited
Recent Activity on Indian Explosives Private Limited
Indian Explosives Private Limited has 17 board changes on record since 2011: 3 appointments and 14 cessations. The latest: Abhishek Biswas ceased to be Additional Director on 28 Sep 2023.
13 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Indian Explosives 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 Indian Explosives 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 Indian Explosives 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 Indian Explosives Private Limited
Indian Explosives has 10 GST registrations: 8 active and 2 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAACI6548N2Z2 | Telangana | Active | 01 Jul 2017 |
| 08AAACI6548N1Z2 | Rajasthan | Active | 01 Jul 2017 |
| 21AAACI6548N1ZE | Odisha | Active | 01 Jul 2017 |
| 22AAACI6548N1ZC | Chhattisgarh | Active | 01 Jul 2017 |
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 Indian Explosives 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 Indian Explosives Private Limited
Indian Explosives is an active foreign private limited company based in Hyderabad, Telangana, India. The company works in chemical products, within the chemicals industry. It was incorporated on 17 May 1999 (27+ years old) and is registered under CIN U24100TS1999FTC181373.
Indian Explosives reported revenue of ₹357.92 Cr for FY 2022 (up 23% YoY).
Indian Explosives has 3 current directors:
- Rajendra Konidina - Director
- Seetharaman Prashanth - Director
- Abhishek Biswas - Director
The compounded annual growth rate (CAGR) of the revenue of Indian Explosives is 1% over three years. In the latest year (FY 2022) revenue rose 23%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Indian Explosives is 36AAACI6548N2Z2, registered in Telangana. The company has 10 GST registrations in all, of which 8 are active and 2 are cancelled or inactive. Other active GSTINs include 08AAACI6548N1Z2 (Rajasthan), 21AAACI6548N1ZE (Odisha), 22AAACI6548N1ZC (Chhattisgarh).
The CIN (Corporate Identification Number) of Indian Explosives is U24100TS1999FTC181373. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Indian Explosives has 36 court cases on record: 31 filed by the company and 4 filed against it. 15 are pending. Most are in the high courts.
Indian Explosives was incorporated on 17 May 1999, making it 27+ years old. It is registered with the Registrar of Companies, Hyderabad.
Indian Explosives has 2 deals on record (1 rights issue, 1 secondary share transfer); the latest was in March 2024.
The peers of Indian Explosives by revenue are Ifb Automotive Private Limited, Premier Explosives Limited, Ananth Technologies Private Limited, Tata Advanced Materials Limited, Paras Defence and Space Technologies Limited and 5 more, all in the Defence industry (Defence Accessories and Components).
Abhishek Biswas ceased to be Additional Director on 28 Sep 2023. Abhishek Biswas was appointed as Director on 17 Apr 2023. Rajendra Konidina ceased to be Additional Director on 30 Sep 2022. Indian Explosives has 17 board changes on record in total.