About Maa Tarani Logistics Limited
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Maa Tarani Logistics Limited is a public limited company based in Bhubaneswar, Odisha, India, a subsidiary of Thriveni Earthmovers Private Limited. It operates in the mining and mineral extraction segment of the metals and mining sector. It was incorporated on 04 May 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U45201OR2006PLC008718. Its GSTIN is 21AAECM7549R1ZV (Odisha). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹20 Cr and a paid-up capital of ₹17.42 Cr. It is led by directors including Ganeswar Nayak (Managing Director) and Yuvaraj Eswaran.
Its last annual general meeting (AGM) was held on 28 May 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 301 – 302 Utkal Signature Tower 3rd Floor NH – 5 Pahala, Bhubaneswar, Odisha, India – 752101.
As per the financials filed for FY 2026, the company reported a revenue of ₹31.96 Cr. For the same year it recorded a net profit of ₹11.32 Cr (net margin 35.4%) and EBITDA of ₹17.73 Cr (EBITDA margin 55.5%). Revenue has grown at a compounded annual rate (CAGR) of 7% over five years.
The company is associated with 1 brand: Thriveni. As per MCA filings, the company has open charges of ₹5.35 Cr and satisfied charges of ₹2.55 Cr on record. Court records list 1 case involving the company, including 1 filed by the company. The company has 8 deals on record (8 secondary share transfers); the latest was in September 2016.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website thriveni.com.
Company details
CIN history
Maa Tarani Logistics has one previous CIN (Corporate Identification Number): U45201OR2006PTC008718. The current CIN is U45201OR2006PLC008718, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45201OR2006PLC008718 | Current |
| U45201OR2006PTC008718 | Previous |
Contact details
Maa Tarani Logistics Limited's registered office is in Bhubaneswar, Odisha. Its website is thriveni.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address301 – 302 Utkal Signature Tower 3rd Floor NH – 5 Pahala, Bhubaneswar, Odisha, India – 752101
- IndustryMetals and Minerals, Mining & Mineral Extraction
To see the full contact details of Maa Tarani Logistics 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
Brands
Maa Tarani Logistics operates one associated brand: Thriveni. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Mineral beneficiation and metal manufacturing are pursued by diversified miner. | thriveni.com |
Business activity
The main business activity of Maa Tarani Logistics is mining and quarrying. In detail, this covers mining support service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| B | Mining and quarrying | 09 | Mining support service activities |
To see the full business activity and turnover split of Maa Tarani Logistics Limited, buy the company report.
Financials of Maa Tarani Logistics Limited
FY 2026 filings availableMaa Tarani Logistics Limited reported revenue of ₹31.96 Cr for FY 2026.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 7% over five years. EBITDA fell 9% 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹31.96 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
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| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹17.73 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹11.32 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 55.5% | ||||
| Net Profit Margin | 35.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Maa Tarani Logistics Limited, buy the company report.
Board of directors of Maa Tarani Logistics Limited
Maa Tarani Logistics has 5 current directors and 21 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ganeswar Nayak | Managing Director | 02 Nov 2012 | 14 Years 0 Months | Current |
| Yuvaraj Eswaran | Director | 02 Jul 2013 | 13 Years 4 Months | Current |
| Lakshmanan Ganapathy Subramanian | Director | 21 Aug 2025 | 1 Years 2 Months | Current |
| Ramakrushna Das | Director | 31 Aug 2024 | 2 Years 2 Months | Current |
| Jitendriya Mohanty Also directs: Lexforge Corporate Solutions LLP, Scan Steels Limited, Toplife Foods Private Limited and 1 more | Director | 05 Apr 2025 | 1 Years 7 Months | Current |
Auditor
Maa Tarani Logistics Limited is audited by S. K. Naredi & Co. for the financial year 2026.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S. K. Naredi & Co. | FY 2026 | 003333C |
Shareholding
The shareholding of Maa Tarani Logistics Limited is on record for 5 financial years, the latest being FY 2026, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Maa Tarani Logistics Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Jun 2023 | 100732298 | Others | ₹4.67 Cr | Open | |
| 10 Oct 2006 | 10027892 | L & T Finance Limited | ₹34 Lakh | Open | |
| 03 Aug 2006 | 10014959 | L & T Finance Limited | ₹34 Lakh | Open | |
| 28 Jan 2021 | 100414643 | Others | ₹2.55 Cr | Satisfied |
To see the full charge records of Maa Tarani Logistics Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Maa Tarani Logistics Limited has 8 deals on record (8 secondary share transfers); the latest was in September 2016.
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2016 | Secondary share transfer | Undisclosed | Buyer: Thriveni Earthmovers Private Limited , an individual Seller: Others- Maa Tarani Logistics Ltd, an individual |
| Sep 2014 | Secondary share transfer | Undisclosed | Buyer: Thriveni Earthmovers Private Limited , an individual Seller: Others- Maa Tarani Logistics Ltd, an individual |
| Sep 2012 | Secondary share transfer | Undisclosed | Buyer: Others- Maa Tarani Logistics Ltd, Thriveni Earthmovers Private Limited , 2 individuals Seller: 4 individuals |
| Sep 2011 | Secondary share transfer | Undisclosed | Buyer: Others- Maa Tarani Logistics Ltd, Thriveni Earthmovers Private Limited , 2 individuals Seller: 4 individuals |
| Sep 2010 | Secondary share transfer | Undisclosed | Buyer: Thriveni Earthmovers Private Limited , Others- Maa Tarani Logistics Ltd Seller: an individual |
To see the full deal history of Maa Tarani Logistics Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Maa Tarani Logistics Limited has 1 court case on record: 1 filed by Maa Tarani Logistics. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Writ petition | Filed by the company against Asst.Commissioner of Incocme Tax and 4 others | Disposed |
To see the full case history of Maa Tarani Logistics 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 Tarani Logistics Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Maa Tarani Logistics has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AAECM7549R1ZV | Odisha | Active | 01 Jul 2017 |
| 37AAECM7549R1ZI | Andhra Pradesh | Active | 01 Jul 2017 |
| 20AAECM7549R1ZX | Jharkhand | Active | 09 Mar 2018 |
To see the full GST registrations and return filing status of Maa Tarani Logistics Limited, buy the company report.
Recent activity
Maa Tarani Logistics Limited has 19 board changes on record since 2011: 6 appointments and 13 cessations. The latest: Lakshmanan Ganapathy Subramanian was appointed as Director on 21 Aug 2025.
15 earlier events are in the company report.
Frequently asked questions
Maa Tarani Logistics is an active public limited company based in Bhubaneswar, Odisha, India. The company works in mining and mineral extraction, within the metals and minerals industry. It was incorporated on 04 May 2006 (20+ years old) and is registered under CIN U45201OR2006PLC008718.
Maa Tarani Logistics has 5 current directors:
- Ganeswar Nayak - Managing Director
- Yuvaraj Eswaran - Director
- Lakshmanan Ganapathy Subramanian - Director
- Ramakrushna Das - Director
- Jitendriya Mohanty - Director
The latest financial statements of Maa Tarani Logistics on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 28 May 2026. Year-wise statements from 2015 are in the company report.
The GSTIN of Maa Tarani Logistics is 21AAECM7549R1ZV, registered in Odisha. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 37AAECM7549R1ZI (Andhra Pradesh), 20AAECM7549R1ZX (Jharkhand).
The CIN (Corporate Identification Number) of Maa Tarani Logistics is U45201OR2006PLC008718. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Maa Tarani Logistics has 1 court case on record: 1 filed by the company.
Maa Tarani Logistics was incorporated on 04 May 2006, making it 20+ years old. It is registered with the Registrar of Companies, Cuttack.
Maa Tarani Logistics has 8 deals on record (8 secondary share transfers); the latest was in September 2016.
Lakshmanan Ganapathy Subramanian was appointed as Director on 21 Aug 2025. Yuvaraj Eswaran ceased to be Director on 16 Jul 2025. Devadass Praveen Kumar ceased to be CFO on 04 Jul 2025. Maa Tarani Logistics has 19 board changes on record in total.
Maa Tarani Logistics can be reached through the website thriveni.com. Its registered office is in Bhubaneswar, Odisha, India.
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