
Modern Mineral Processing Co Pvt Ltd
About Modern Mineral Processing Co Pvt Ltd
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Modern Mineral Processing Co Pvt Ltd is a private limited company based in Keonjhar, Odisha, India. It operates in the non-metallic mineral products segment of the metals and mining sector. It was incorporated on 24 April 1984 and has been in existence for over 42 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U17010OR1984PTC001341. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹4.05 Cr. It is led by directors Saroj Kumar Patnaik (Managing Director) and Binayranjan Satapathy.
Its last annual general meeting (AGM) was held on 27 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Boneikala Joda, Keonjhar, Odisha, India – 758038.
As per the financials filed for FY 2024, the company reported a revenue of ₹61,734, a growth of 131% compared to the previous year. For the same year it recorded a net loss of ₹1.51 Lakh (net margin -243.9%) and EBITDA of -₹1.13 Lakh (EBITDA margin -182.8%). Revenue has declined at a compounded annual rate (CAGR) of 60% over three years and 38% over five years.
As per MCA filings, the company has open charges of ₹6.5 Lakh and satisfied charges of ₹3.98 Cr on record. Court records list 2 cases involving the company; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressBoneikala Joda, Keonjhar, Odisha, India – 758038
- IndustryMetal & Minerals, Non-Metallic Mineral Products, Mineral Products, Manufacturing
- 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 Modern Mineral Processing Co Pvt Ltd FY 2025 filings available
Modern Mineral Processing Co Pvt Ltd reported revenue of ₹61,734 (up 131% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Modern Mineral Processing Co Pvt Ltd
Revenue rose 131% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 38%. EBITDA fell 195% 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 Modern Mineral Processing Co 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 | -₹1.13 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.51 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 Modern Mineral Processing Co Pvt Ltd
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -182.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -243.9% | •••• | •••• | •••• | •••• |
| 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 Modern Mineral Processing Co 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 Modern Mineral Processing Co Pvt Ltd
Modern Mineral Processing Co Pvt Ltd is compared with the companies closest to it by revenue in the Metals and Minerals industry (Other Minerals). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Kiran Coal Concern Private Limited | ₹64,450 (FY 2025) | •••• | •••• | 44.0% | •••• | Kolkata, West Bengal, India |
| Indian Ocean Garnet Sands Company Private Limited | ₹63,202 (FY 2025) | •••• | •••• | 82.0% | •••• | Tuticorin, Tamil Nadu, India |
| Greenmine Industries Private Limited | ₹62,752 (FY 2020) | •••• | •••• | -99.0% | •••• | Hosakote Town, Karnataka, India |
| Om Shivay Steel & Power Private Limited | ₹62,000 (FY 2025) | •••• | •••• | -33.0% | •••• | Chas, Jharkhand, India |
| Geosteel Metaliks Private Limited | ₹61,929 (FY 2024) | •••• | •••• | -60.0% | •••• | New Delhi, Delhi, India |
| Modern Mineral Processing Co Pvt Ltd this company | ₹61,734 (FY 2024) | •••• | •••• | 131.0% | •••• | Keonjhar, Odisha, India |
| Konark Oxygen Pvt Ltd | ₹57,002 (FY 2025) | •••• | •••• | 60.0% | •••• | Rourkela, Odisha, India |
| Maa Bharthari Steels Private Limited | ₹55,600 (FY 2022) | •••• | •••• | •••• | Sundargarh, Odisha, India | |
| Tanuj Coke Pvt. Ltd. | ₹52,694 (FY 2025) | •••• | •••• | -44.0% | •••• | Kolkata, West Bengal, India |
| Rel Mix Private Limited | ₹52,129 (FY 2019) | •••• | •••• | -99.0% | •••• | Hyderabad, Telangana, India |
| Western Ores Private Limited | ₹50,000 (FY 2025) | •••• | •••• | •••• | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Modern Mineral Processing Co by revenue in the Metals and Minerals industry (Other Minerals), 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 Modern Mineral Processing Co Pvt Ltd
Modern Mineral Processing Co has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Saroj Kumar Patnaik Also directs: Patnaik Minerals Private Limited, Stark Ridge Paper Private Limited, Rabisons Alloys Private Limited and 5 more | Managing Director | 25 Apr 1984 | 42 Years 5 Months | Current |
| Binayranjan Satapathy Also directs: Sun Tech City Private Limited, Dhamra Energy Private Limited | Director | 11 Feb 2019 | 7 Years 7 Months | Current |
Charges & Borrowings of Modern Mineral Processing Co Pvt Ltd
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 May 1992 | Bank of India | ₹3 Lakh | Open |
| 22 Jan 1986 | Bank of India | ₹3.5 Lakh | Open |
| 31 Jan 2007 | Abn Amro Bank Nv | ₹3.98 Cr | Satisfied |
Total charge records: 3 View all charges
Legal Cases of Modern Mineral Processing Co Pvt Ltd
Modern Mineral Processing Co Pvt Ltd has 2 court cases on record: 2 where it is another party. 1 case is pending and 1 is disposed. Status as checked on 29 Sep 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Orissa | Writ petition | Company is another party | Pending |
| High Court of Orissa | Writ petition | Company is another party | Disposed |
Full case history
All 2 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 Modern Mineral Processing Co Pvt Ltd
Employment history and EPFO contributions of people linked to Modern Mineral Processing Co.
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 Modern Mineral Processing Co Pvt Ltd
Modern Mineral Processing Co has one previous CIN (Corporate Identification Number): U26999OR1984PTC001341. The current CIN is U17010OR1984PTC001341, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U17010OR1984PTC001341 | Current |
| U26999OR1984PTC001341 | Previous |
Recent Activity on Modern Mineral Processing Co Pvt Ltd
Modern Mineral Processing Co Pvt Ltd has 6 board changes on record since 1984: 2 appointments and 4 cessations. The latest: Binayranjan Satapathy ceased to be Additional Director on 26 Sep 2019.
1 earlier event is listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Modern Mineral Processing Co Pvt Ltd
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 Modern Mineral Processing Co Pvt Ltd
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
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Subsidiaries & Group Companies of Modern Mineral Processing Co Pvt Ltd
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
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GST Compliance of Modern Mineral Processing Co Pvt Ltd
Modern Mineral Processing Co has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
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
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MCA Filings & Documents of Modern Mineral Processing Co Pvt Ltd
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 Modern Mineral Processing Co Pvt Ltd
Modern Mineral Processing Co is an active private limited company based in Keonjhar, Odisha, India. The company works in non-metallic mineral products, within the metal and minerals industry. It was incorporated on 24 April 1984 (42+ years old) and is registered under CIN U17010OR1984PTC001341.
Modern Mineral Processing Co reported revenue of ₹61,734 for FY 2024 (up 131% YoY).
Modern Mineral Processing Co has 2 current directors:
- Saroj Kumar Patnaik - Managing Director
- Binayranjan Satapathy - Director
Modern Mineral Processing Co reported a net loss of ₹1.51 Lakh (net margin -243.9%) and EBITDA of -₹1.13 Lakh (EBITDA margin -182.8%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Modern Mineral Processing Co is -60% over three years and -38% over five years. In the latest year (FY 2024) revenue rose 131%. CAGR is the steady yearly rate that links the first and the last year.
No. Modern Mineral Processing Co has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Modern Mineral Processing Co is U17010OR1984PTC001341. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Modern Mineral Processing Co has 2 court cases on record. 1 is pending.
Modern Mineral Processing Co was incorporated on 24 April 1984, making it 42+ years old. It is registered with the Registrar of Companies, Cuttack.
The peers of Modern Mineral Processing Co by revenue are Kiran Coal Concern Private Limited, Indian Ocean Garnet Sands Company Private Limited, Greenmine Industries Private Limited, Om Shivay Steel & Power Private Limited, Geosteel Metaliks Private Limited and 5 more, all in the Metals and Minerals industry (Other Minerals).
Binayranjan Satapathy ceased to be Additional Director on 26 Sep 2019. Binayranjan Satapathy was appointed as Director on 11 Feb 2019. Kalyan Mohanty ceased to be Director on 11 Feb 2019. Modern Mineral Processing Co has 6 board changes on record in total.