Maa Durga Rice Processing and Exports Private Limited
About Maa Durga Rice Processing and Exports Private Limited
Data last updated:
Maa Durga Rice Processing and Exports Private Limited is a private limited company based in Cuttack, Odisha, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the food and beverage distribution segment of the food and beverages sector. It was incorporated on 21 July 2003.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U15312OR2003PTC007249. Its GSTIN is 21AADCM7651D1ZU (Odisha).
The company has an authorised share capital of ₹3.5 Cr and a paid-up capital of ₹2.27 Cr. It is led by directors Prasanta Chandra Rath (Managing Director) and Lora Mitra Rath.
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 is at Khairaparikotsahi Tangi, Cuttack, Odisha, India – 754022.
As per the financials filed for FY 2018, the company reported a revenue of ₹4.29 Cr, a growth of 36% compared to the previous year. For the same year it recorded a net loss of ₹22.24 Lakh (net margin -5.2%) and EBITDA of ₹54.9 Lakh (EBITDA margin 12.8%). Revenue has grown at a compounded annual rate (CAGR) of 81% over three years.
As per MCA filings, the company has open charges of ₹55.59 Cr on record. Court records list 13 cases involving the company, including 4 filed by the company and 9 filed against it; 3 cases are pending.
Company details
Contact details
Maa Durga Rice Processing and Exports Private Limited's registered office is in Cuttack, Odisha. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressKhairaparikotsahi Tangi, Cuttack, Odisha, India – 754022
- IndustryFood and Beverages, Food & Beverage Retail & Distribution
To see the full contact details of Maa Durga Rice Processing and Exports Private Limited, 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
Business activity
The main business activity of Maa Durga Rice Processing and Exports is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Maa Durga Rice Processing and Exports Private Limited, buy the company report.
Financials of Maa Durga Rice Processing and Exports Private Limited
FY 2019 filings availableMaa Durga Rice Processing and Exports Private Limited reported revenue of ₹4.29 Cr (up 36% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 81% over three years, including 36% growth in the latest year. EBITDA rose 161% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹4.29 Cr | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹54.9 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹22.24 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
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 12.8% | |||
| Net Profit Margin | -5.2% | |||
| 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 | ||||
To see the full financial statements and ratios of Maa Durga Rice Processing and Exports Private Limited, buy the company report.
Board of directors of Maa Durga Rice Processing and Exports Private Limited
Maa Durga Rice Processing and Exports has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prasanta Chandra Rath | Managing Director | 21 Jul 2003 | 23 Years 3 Months | As last reported |
| Lora Mitra Rath Also directs: Navadurga Industries Limited | Director | 13 Mar 2013 | 13 Years 7 Months | As last reported |
Peer comparison
Maa Durga Rice Processing and Exports Private Limited is compared with the 4 companies closest to it by revenue in the Food and Beverages industry (Food and Beverages Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Anmolik Tradelink Pvt.Ltd. | ₹4.32 Cr (FY 2024) | 2859.0% | Kolkata, West Bengal, India | |||
| Trevo India Private Limited | ₹4.32 Cr (FY 2018) | -30.0% | Hyderabad, Telangana, India | |||
| Maa Durga Rice Processing and Exports Private Limitedthis company | ₹4.29 Cr (FY 2018) | -₹22.24 Lakh | -5.2% | 36.0% | Cuttack, Odisha, India | |
| Tirtharupa Goods Private Limited | ₹4.29 Cr (FY 2025) | 281.0% | Matigara, West Bengal, India | |||
| Shiv Sevak Food Processing Private Limited | ₹4.25 Cr (FY 2018) | -31.0% | Jagdalpur, Chhattisgarh, India |
To see the full peer comparison of Maa Durga Rice Processing and Exports Private Limited, buy the company report.
Auditor
Maa Durga Rice Processing and Exports Private Limited is audited by PRATAP & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PRATAP & CO | FY 2018 | 322828E |
Shareholding
The shareholding of Maa Durga Rice Processing and Exports Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Maa Durga Rice Processing and Exports Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Sep 2014 | 10522331 | Srei Equipment Finance Limited | ₹19.5 Cr | Open | |
| 19 Mar 2014 | 10490252 | Allahabad Bank | ₹3 Cr | Open | |
| 02 Mar 2007 | 10050465 | State Bank of India | ₹18 Cr | Open | |
| 27 Sep 2003 | 90081218 | Bank of India | ₹15.09 Cr | Open |
To see the full charge records of Maa Durga Rice Processing and Exports Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Maa Durga Rice Processing and Exports Private Limited has 13 court cases on record: 4 filed by Maa Durga Rice Processing and Exports, 9 filed against it. 3 cases are pending and 10 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 7 | 3 | 1 |
| District courts | 6 | 6 | 2 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Tata Capital Financial Services Ltd. | Pending |
| High Court | Arbitration matter | Filed against the company by Srei Equipment Finance Ltd. Ans Associates | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Ms Srei Equipment Finance Pvt. Ltd. | Pending |
| High Court | Arbitration matter | Filed against the company by Srei Equipment Finance Ltd. | Disposed |
| High Court | Court case (COPET) | Filed against the company by Srei Equipment Finance Ltd. | Disposed |
To see the full case history of Maa Durga Rice Processing and Exports Private Limited, 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
No delayed payments to MSME suppliers are on our record for Maa Durga Rice Processing and Exports Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Maa Durga Rice Processing and Exports has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AADCM7651D1ZU | Odisha | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Maa Durga Rice Processing and Exports Private Limited, buy the company report.
Recent activity
Maa Durga Rice Processing and Exports Private Limited has 5 board changes on record since 2003: 2 appointments and 3 cessations. The latest: Padmini Rath ceased to be Director on 06 Jun 2014.
2 earlier events are in the company report.
Frequently asked questions
Maa Durga Rice Processing and Exports is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Maa Durga Rice Processing and Exports is a company under liquidation, formerly operating as a private limited company based in Cuttack, Odisha, India. The company works in food and beverage retail and distribution, within the food and beverages industry. It was incorporated on 21 July 2003 and is registered under CIN U15312OR2003PTC007249. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Maa Durga Rice Processing and Exports has 2 current directors:
- Prasanta Chandra Rath - Managing Director
- Lora Mitra Rath - Director
The latest financial statements of Maa Durga Rice Processing and Exports on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Maa Durga Rice Processing and Exports is U15312OR2003PTC007249. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Maa Durga Rice Processing and Exports has open charges of ₹55.59 Cr and no satisfied charges on record as per latest MCA filings.
Maa Durga Rice Processing and Exports has 13 court cases on record: 4 filed by the company and 9 filed against it. 3 are pending. Most are in the high courts.
Maa Durga Rice Processing and Exports was incorporated on 21 July 2003. It is registered with the Registrar of Companies, Cuttack.
The peers of Maa Durga Rice Processing and Exports by revenue are Anmolik Tradelink Pvt.Ltd, Trevo India Private Limited, Tirtharupa Goods Private Limited, Shiv Sevak Food Processing Private Limited, all in the Food and Beverages industry (Food and Beverages Retail and Distribution), with the same principal business activity (wholesale trading).
Padmini Rath ceased to be Director on 06 Jun 2014. Pramod Chandra Rath ceased to be Director on 02 Jun 2014. Prasanta Chandra Rath ceased to be Director on 02 Jun 2014. Maa Durga Rice Processing and Exports has 5 board changes on record in total.
The registered office of Maa Durga Rice Processing and Exports is at Khairaparikotsahi Tangi, Cuttack, Odisha, India – 754022.