Neelachal Granites Private Limited
About Neelachal Granites Private Limited
Data last updated:
Neelachal Granites Private Limited is a private limited company based in Bhubaneswar, Odisha, India. It operates in the other mining and quarrying segment of the mining sector. It was incorporated on 28 August 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U14102OR2013PTC017295. Its GSTIN is 21AAECN4358D1ZU (Odisha).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Binayendu Panda (Manager) and Abhimanyu Behera.
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 Plot No Hig – 2/318 Satyasai Enclave Kolathia, Bhubaneswar, Odisha, India – 751030.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.65 Cr, a growth of 42% compared to the previous year. For the same year it recorded a net loss of ₹57,800 (net margin -0.3%) and EBITDA of ₹9.66 Lakh (EBITDA margin 5.8%). Revenue has grown at a compounded annual rate (CAGR) of 29% over three years and 137% over five years.
As per MCA filings, the company has open charges of ₹10.42 Lakh on record. Court records list 3 cases involving the company, including 3 filed by the company; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Neelachal Granites Private Limited's registered office is in Bhubaneswar, Odisha. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No Hig – 2/318 Satyasai Enclave Kolathia, Bhubaneswar, Odisha, India – 751030
- IndustryMining, Other Mining & Quarrying
To see the full contact details of Neelachal Granites 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 Neelachal Granites is mining and quarrying. In detail, this covers other mining & quarrying activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| B | Mining and quarrying | B4 | Other Mining & Quarrying Activities |
To see the full business activity and turnover split of Neelachal Granites Private Limited, buy the company report.
Financials of Neelachal Granites Private Limited
FY 2025 filings availableNeelachal Granites Private Limited reported revenue of ₹1.65 Cr (up 42% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 137% over five years, including 42% growth in the latest year. EBITDA rose 26% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹9.66 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹57,800 | ||||
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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 | 5.8% | ||||
| Net Profit Margin | -0.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Neelachal Granites Private Limited, buy the company report.
Board of directors of Neelachal Granites Private Limited
Neelachal Granites 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 |
|---|---|---|---|---|
| Binayendu Panda | Manager | 22 May 2023 | 3 Years 5 Months | Current |
| Abhimanyu Behera | Director | 15 Jul 2020 | 6 Years 3 Months | Current |
Peer comparison
Neelachal Granites Private Limited is compared with the 4 companies closest to it by revenue in the Manufacturing industry (Ceramics, Sanitaryware and Tiles), with the same principal business activity (other mining & quarrying activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Kajal Granite Private Limited | ₹1.67 Cr (FY 2025) | 373.0% | Piparda, Rajasthan, India | |||
| Madhur Stones Private Limited | ₹1.66 Cr (FY 2024) | -24.0% | Madanganj Kishangarh, Rajasthan, India | |||
| Neelachal Granites Private Limitedthis company | ₹1.65 Cr (FY 2024) | -₹57,800 | -0.3% | 42.0% | Bhubaneswar, Odisha, India | |
| Shri Bherunath Mines Private Limited | ₹1.65 Cr (FY 2025) | -36.0% | Rajsamand, Rajasthan, India | |||
| Raj Mahal Marbles Private Limited | ₹1.64 Cr (FY 2024) | -23.0% | Raj Samand, Rajasthan, India |
To see the full peer comparison of Neelachal Granites Private Limited, buy the company report.
Auditor
Neelachal Granites Private Limited is audited by RAMAKRUSHNA PATRA & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAMAKRUSHNA PATRA & CO | FY 2023 | 325195E |
Shareholding
The shareholding of Neelachal Granites Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Neelachal Granites Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Nov 2023 | 100867281 | Others | ₹10.42 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Neelachal Granites Private Limited has 3 court cases on record: 3 filed by Neelachal Granites. 1 case is pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 0 | 1 |
Cases on record (2 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, ORISSA | Writ petition | Filed by the company against State of Odisha and 1 other | Pending |
| High Court, ORISSA | Writ petition | Filed by the company against State of Odisha and 1 other | Disposed |
To see the full case history of Neelachal Granites 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 Neelachal Granites Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Neelachal Granites has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AAECN4358D1ZU | Odisha | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Neelachal Granites Private Limited, buy the company report.
Recent activity
Neelachal Granites Private Limited has 5 board changes on record since 2014: 2 appointments and 3 cessations. The latest: Mousumi Jayasingh ceased to be Director on 02 Jun 2023.
Frequently asked questions
Neelachal Granites is an active private limited company based in Bhubaneswar, Odisha, India. The company works in other mining and quarrying, within the mining industry. It was incorporated on 28 August 2013 (13+ years old) and is registered under CIN U14102OR2013PTC017295.
Neelachal Granites has 2 current directors:
- Abhimanyu Behera - Director
- Binayendu Panda - Manager
The latest financial statements of Neelachal Granites 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 Neelachal Granites is 21AAECN4358D1ZU, registered in Odisha.
The CIN (Corporate Identification Number) of Neelachal Granites is U14102OR2013PTC017295. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Neelachal Granites has 3 court cases on record: 3 filed by the company. 1 is pending.
Neelachal Granites was incorporated on 28 August 2013, making it 13+ years old. It is registered with the Registrar of Companies, Cuttack.
The peers of Neelachal Granites by revenue are Kajal Granite Private Limited, Madhur Stones Private Limited, Shri Bherunath Mines Private Limited, Raj Mahal Marbles Private Limited, all in the Manufacturing industry (Ceramics, Sanitaryware and Tiles), with the same principal business activity (other mining & quarrying activities).
Mousumi Jayasingh ceased to be Director on 02 Jun 2023. Satya Priya Jayasingh ceased to be Managing Director on 02 Jun 2023. Binayendu Panda was appointed as Manager on 22 May 2023. Neelachal Granites has 5 board changes on record in total.
The registered office of Neelachal Granites is at Plot No Hig – 2318 Satyasai Enclave Kolathia, Bhubaneswar, Odisha, India – 751030.
Neelachal Granites operates in the mining industry, in the other mining and quarrying segment.
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