Torque Minerals Private Limited

Torque Minerals Private Limited - metals and minerals in Bhubaneswar, Odisha, India. FY 2026 financials & compliance.
CIN U13100OR2017PTC026696 Incorporated 09 March 2017 ROC Cuttack HQ Bhubaneswar, Odisha, India
Active Private Limited Company metals and minerals MSME · Small
Data last updated
Revenue · FY 2025
₹37.18 Cr
▲ 37% YoY
Net profit · FY 2025
₹73.95 Lakh
Net margin 2%
EBITDA · FY 2025
₹1.91 Cr
EBITDA margin 5.2%
Authorised capital
₹3 Cr
Registered with MCA
Paid-up capital
₹2.31 Cr
Issued & subscribed
Open charges
₹6.57 Cr
Satisfied ₹5 Cr
Company age
9 yrs
Est. 2017
Directors on board
2
As per MCA filings

About Torque Minerals Private Limited

Data last updated:

Torque Minerals Private Limited is a private limited company based in Bhubaneswar, Odisha, India. It operates in the materials retail and distribution segment of the metals and mining sector. It was incorporated on 09 March 2017 and has been in existence for over 9 years.

The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U13100OR2017PTC026696. The company has 1 GST registration on record, which is no longer active.

The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.31 Cr. It is led by directors Sitesh Kumar Pradhan and Manoj Kumar Pradhan.

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 1111 11th Floor DLF Cybercity Patia, Bhubaneswar, Odisha, India – 751003.

As per the financials filed for FY 2025, the company reported a revenue of ₹37.18 Cr, a growth of 37% compared to the previous year. For the same year it recorded a net profit of ₹73.95 Lakh (net margin 2%) and EBITDA of ₹1.91 Cr (EBITDA margin 5.2%). Revenue has grown at a compounded annual rate (CAGR) of 38% over three years and 2% over five years.

As per MCA filings, the company has open charges of ₹6.57 Cr and satisfied charges of ₹5 Cr on record. Court records list 6 cases involving the company, including 1 filed by the company and 5 filed against it; 3 cases are pending.

Torque Minerals Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-OD-07-0018360). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U13100OR2017PTC026696
Registration Number 026696
Incorporation Date 09 March 2017
ROC Cuttack
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-OD-07-0018360
Key People
Sitesh Kumar Pradhan Director Manoj Kumar Pradhan Additional Director

Recognitions & Rankings of Torque Minerals

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-OD-07-0018360

Contact details

Torque Minerals Private Limited's registered office is in Bhubaneswar, Odisha. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    1111 11th Floor DLF Cybercity Patia, Bhubaneswar, Odisha, India – 751003
  • Industry
    Metals and Minerals, Materials Retail & Distribution

To see the full contact details of Torque Minerals Private Limited, buy the company report.

Comprehensive company report
Torque Minerals Private Limited - one report that includes everything
  • 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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Business activity

The main business activity of Torque Minerals is trade. In detail, this covers wholesale trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG1Wholesale Trading

To see the full business activity and turnover split of Torque Minerals Private Limited, buy the company report.

Financials of Torque Minerals Private Limited

FY 2025 filings available

Torque Minerals Private Limited reported revenue of ₹37.18 Cr (up 37% YoY) for FY 2025.

Revenue · FY 2025
₹37.18 Cr ▲ 37%
Net profit · FY 2025
₹73.95 Lakh margin 2%
EBITDA · FY 2025
₹1.91 Cr margin 5.2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 37%
3 years · compounded
▼ 38%
5 years · compounded
▲ 2%
EBITDA CAGR growth
1 year
▼ 6%
3 years · compounded
▼ 37%
5 years · compounded
▲ 2%

Revenue has grown at a compounded annual rate (CAGR) of 2% over five years, including 37% growth in the latest year. EBITDA fell 6% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
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₹1.91 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹73.95 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin5.2%
Net Profit Margin2%
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 Torque Minerals Private Limited, buy the company report.

Board of directors of Torque Minerals Private Limited

Torque Minerals has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Sitesh Kumar Pradhan
Also directs: Gleancore Minerals Private Limited, Opal Mining Private Limited
Director15 Jul 20197 Years 3 MonthsCurrent
Manoj Kumar Pradhan
Also directs: Swaaqs Infra Logistics Private Limited, Gleancore Minerals Private Limited, Medisurge Lifecare Private Limited
Additional Director23 Dec 20241 Years 10 MonthsCurrent
View all directors

Peer comparison

Torque Minerals Private Limited is compared with the 5 companies closest to it by revenue in the Metals and Minerals industry (Materials Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Shree Bansi Metal and Alloys Private Limited₹38.2 Cr (FY 2023)-8.0%Ahmedabad, Gujarat, India
Altogether Trading Private Limited₹37.4 Cr (FY 2018)Mumbai, Maharashtra, India
Torque Minerals Private Limitedthis company₹37.18 Cr (FY 2025)₹73.95 Lakh2%37.0%Bhubaneswar, Odisha, India
Harsh Commodities Private Limited₹37.15 Cr (FY 2025)-49.0%Gandhidham, Gujarat, India
Matrix Commercial Private Limited₹36.63 Cr (FY 2025)-6.0%Kolkata, West Bengal, India
Setu Papers Private Limited₹36.39 Cr (FY 2025)191.0%Pardi, Gujarat, India

To see the full peer comparison of Torque Minerals Private Limited, buy the company report.

Auditor

Torque Minerals Private Limited is audited by SRIKANTA & ASSOCIATES for the financial year 2023.

Auditor firmFinancial yearFirm registration number
SRIKANTA & ASSOCIATESFY 2023326452E

Shareholding

The shareholding of Torque Minerals Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Public
Others

To see the full shareholding pattern of Torque Minerals Private Limited, buy the company report.

Charges & borrowings

Open charges
₹6.57 Cr
Satisfied charges
₹5 Cr
Breakdown by lending institutions
Others₹6.57 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
21 Sep 2022100623241Others₹6 CrOpen
19 May 2022100581327Others₹57 LakhOpen
24 May 2022100577915Axis Bank Limited₹5 CrSatisfied

To see the full charge records of Torque Minerals Private Limited, buy the company report.

Total charge records: 3 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Torque Minerals Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Torque Minerals has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.

Total GSTINs
1
Cancelled / inactive
1

To see the full GST registrations and return filing status of Torque Minerals Private Limited, buy the company report.

Recent activity

Torque Minerals Private Limited has 8 board changes on record since 2017: 5 appointments and 3 cessations. The latest: Kiran Jena ceased to be Director on 23 Dec 2024.

AGM
Torque Minerals Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Torque Minerals Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Cuttack.
Ceased
Kiran Jena ceased to be Director.
Appointed
Manoj Kumar Pradhan was appointed as Additional Director.
Ceased
Nitesh Pradhan ceased to be Director.
Charges
A charge registered on 24 May 2022 via Charge ID 100577915 with Axis Bank Limited was fully satisfied on 04 Nov 2022.
Charges
A charge with Others amounted to Rs. 6.00 Cr with Charge ID 100623241 was registered on 21 Sep 2022.
Charges
A charge with Axis Bank Limited amounted to Rs. 5.00 Cr with Charge ID 100577915 was registered on 24 May 2022.
Charges
A charge with Others amounted to Rs. 0.57 Cr with Charge ID 100581327 was registered on 19 May 2022.
Appointed
Sitesh Kumar Pradhan was appointed as Director.
Appointed
Kiran Jena was appointed as Director.
Ceased
Arabinda Mishra ceased to be Director.

3 earlier events are in the company report.

Frequently asked questions

Torque Minerals is an active private limited company based in Bhubaneswar, Odisha, India. The company works in materials retail and distribution, within the metals and minerals industry. It was incorporated on 09 March 2017 (9+ years old) and is registered under CIN U13100OR2017PTC026696.

Torque Minerals has 2 current directors:

The latest financial statements of Torque Minerals 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 FY 2017 are in the company report.

No. Torque Minerals has 1 GST registration on record and it is cancelled or inactive.

The CIN (Corporate Identification Number) of Torque Minerals is U13100OR2017PTC026696. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Torque Minerals has 6 court cases on record: 1 filed by the company and 5 filed against it. 3 are pending. Most are in the district courts.

Torque Minerals was incorporated on 09 March 2017, making it 9+ years old. It is registered with the Registrar of Companies, Cuttack.

The peers of Torque Minerals by revenue are Shree Bansi Metal and Alloys Private Limited, Altogether Trading Private Limited, Harsh Commodities Private Limited, Matrix Commercial Private Limited, Setu Papers Private Limited, all in the Metals and Minerals industry (Materials Retail and Distribution), with the same principal business activity (wholesale trading).

Kiran Jena ceased to be Director on 23 Dec 2024. Manoj Kumar Pradhan was appointed as Additional Director on 23 Dec 2024. Nitesh Pradhan ceased to be Director on 20 Feb 2024. Torque Minerals has 8 board changes on record in total.

Yes, Torque Minerals is registered as a small enterprise under Udyam registration (number: UDYAM-OD-07-0018360).

The registered office of Torque Minerals is at 1111 11th Floor DLF Cybercity Patia, Bhubaneswar, Odisha, India – 751003.