Orissa Industries Ltd
About Orissa Industries Ltd
Data last updated:
Orissa Industries Ltd is a public limited company based in Sundargarh, Odisha, India. It operates in the construction materials segment of the manufacturing sector. It was incorporated on 23 December 1944 and has been in existence for over 82 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN L26109OR1944PLC000062. Its GSTIN is 21AAACO2103K1Z3 (Odisha). It is recorded as listed by MCA, but its shares were delisted from BSE, and no longer trade on a stock exchange.
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹9.28 Cr. It is led by directors including Praveen Reehl and Puja Mishra.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Lathikata, Sundargarh, Odisha, India – 770037.
As per the financials filed for FY 2024, the company reported a revenue of ₹14.06 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹12.75 Cr (net margin 90.7%) and EBITDA of ₹13.29 Cr (EBITDA margin 94.5%). Revenue has grown at a compounded annual rate (CAGR) of 345% over three years and 123% over five years.
The company has about 3 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹16 Cr and satisfied charges of ₹84.25 Cr on record. Court records list 171 cases involving the company, including 58 filed by the company and 113 filed against it; 30 cases are pending. The company has 1 deal on record (1 acquisition); the latest was in March 2008. Its 3 peer companies in the Manufacturing industry (Construction Materials), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities) are compared by revenue, 1 larger and 2 smaller; the largest is RBL Minerals and Chemicals Private Limited with revenue of ₹14.08 Cr.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
CIN history
Orissa Industries has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L26109OR1944PLC000062, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L26109OR1944PLC000062 | Current |
| U26109OR1944PTC000062 | Previous |
| U26109OR1944PLC000062 | Previous |
Contact details
Orissa Industries Ltd's registered office is in Sundargarh, Odisha. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressLathikata, Sundargarh, Odisha, India – 770037
- IndustryManufacturing, Construction Materials
To see the full contact details of Orissa Industries 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
Financials of Orissa Industries Ltd
FY 2025 filings availableOrissa Industries Ltd reported revenue of ₹14.06 Cr (up 10119% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 123% over five years. 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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| Total Expenses | |||||
| EBITDA | ₹13.29 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹12.75 Cr | ||||
| Balance Sheet | |||||
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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 | 94.5% | ||||
| Net Profit Margin | 90.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Orissa Industries Ltd, buy the company report.
Board of directors of Orissa Industries Ltd
Orissa Industries has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Praveen Reehl | Director | 31 Jan 2002 | 24 Years 9 Months | Current |
| Puja Mishra | Director | 23 Oct 1998 | 28 Years 0 Months | Current |
| Ravin Jhunjhunwala Also directs: Orind Exports Limited., Orind India Private Limited | Director | 28 Jun 2006 | 20 Years 4 Months | Current |
Peer comparison
Orissa Industries Ltd is compared with the 3 companies closest to it by revenue in the Manufacturing industry (Construction Materials), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| RBL Minerals and Chemicals Private Limited | ₹14.08 Cr (FY 2025) | 35644.0% | Udaipur, Rajasthan, India | |||
| Orissa Industries Ltdthis company | ₹14.06 Cr (FY 2024) | ₹12.75 Cr | 90.7% | 10119.0% | 3 | Sundargarh, Odisha, India |
| Vignesh Industries Private Limited | ₹14.04 Cr (FY 2025) | 28.0% | Hosur, Tamil Nadu, India | |||
| PRJ Sanitary Appliances Private Limited | ₹14.02 Cr (FY 2024) | -30.0% | Samalkha, Haryana, India |
To see the full peer comparison of Orissa Industries Ltd, buy the company report.
Auditor
Orissa Industries Ltd is audited by STRL & Associates LLP for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| STRL & Associates LLP | FY 2022 | 015254C |
Shareholding
The shareholding of Orissa Industries 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 Orissa Industries Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Oct 2008 | 10132415 | Bank of Baroda | ₹16 Cr | Open | |
| 09 Oct 2009 | 10178226 | United Bank of India | ₹16 Cr | Satisfied | |
| 02 Mar 2007 | 10048336 | Shashwat International Limited | ₹58 Cr | Satisfied | |
| 04 Feb 2005 | 90078434 | Vijaya Bank | ₹5 Cr | Satisfied | |
| 20 May 1968 | 90078465 | United Bank of India | ₹5.25 Cr | Satisfied |
To see the full charge records of Orissa Industries Ltd, buy the company report.
Total charge records: 5 View all charges
Deals & funding
Orissa Industries Ltd has 1 deal on record (1 acquisition); the latest was in March 2008.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2008 | Acquisition | ₹70.11 Cr | Buyer: Shashwat International Limited Seller: Orissa Industries Ltd |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Orissa Industries Ltd has 171 court cases on record: 58 filed by Orissa Industries, 113 filed against it. 30 cases are pending and 141 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 90 | 87 | 22 |
| High courts | 67 | 23 | 8 |
| Supreme Court | 14 | 3 | 0 |
Cases on record (5 of 171)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Cuttack, Odisha | Court case (C.M.A) | Filed against the company by Metro Builders Pvt Ltd | Pending |
| District court, Cuttack, Odisha | Arbitration matter | Filed against the company by M/S Metro Builders Pvt.Ltd | Disposed |
| Bombay High Court | Interim or miscellaneous application | Filed against the company by an individual | Pending |
| District court, Cuttack, Odisha | Court case (2 (c)cc) | Filed against the company by Assistant Registrar of Companies | Pending |
| High Court, ORISSA | Writ petition | Filed by the company against Union of India and 4 others | Pending |
To see the full case history of Orissa Industries 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
No delayed payments to MSME suppliers are on our record for Orissa Industries Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Orissa Industries has 1 associated company. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
Employees & EPFO
Orissa Industries Ltd has a workforce of 3 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Orissa Industries has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AAACO2103K1Z3 | Odisha | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Orissa Industries Ltd, buy the company report.
Recent activity
Orissa Industries Ltd has 13 board changes on record since 1979: 8 appointments and 5 cessations. The latest: Mohan Kumar Jhunjhunwala ceased to be Director on 07 May 2015.
14 earlier events are in the company report.
Frequently asked questions
Orissa Industries is an active public limited company based in Sundargarh, Odisha, India. The company works in construction materials, within the manufacturing industry. It was incorporated on 23 December 1944 (82+ years old) and is registered under CIN L26109OR1944PLC000062.
Orissa Industries has 3 current directors:
- Praveen Reehl - Director
- Puja Mishra - Director
- Ravin Jhunjhunwala - Director
The latest financial statements of Orissa Industries on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Orissa Industries is 21AAACO2103K1Z3, registered in Odisha.
The CIN (Corporate Identification Number) of Orissa Industries is L26109OR1944PLC000062. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Orissa Industries is recorded as a listed company by MCA, but its shares were delisted from BSE, and no longer trade on a stock exchange.
Orissa Industries has 171 court cases on record: 58 filed by the company and 113 filed against it. 30 are pending. Most are in the district courts.
Orissa Industries was incorporated on 23 December 1944, making it 82+ years old. It is registered with the Registrar of Companies, Cuttack.
Orissa Industries has 1 deal on record (1 acquisition); the latest was in March 2008.
The peers of Orissa Industries by revenue are RBL Minerals and Chemicals Private Limited, Vignesh Industries Private Limited, PRJ Sanitary Appliances Private Limited, all in the Manufacturing industry (Construction Materials), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities).
Mohan Kumar Jhunjhunwala ceased to be Director on 07 May 2015. Nimain Charan Das ceased to be Director on 01 Dec 2014. Subodh Kumar Basu ceased to be Director on 30 Jun 2011. Orissa Industries has 13 board changes on record in total.
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