Orican Systems Private Limited

Orican Systems Private Limited - consumer electronics & durables in Bhubaneswar, Odisha, India. FY 2026 financials & compliance.
CIN U74140OR1993PTC003294 Incorporated 26 March 1993 ROC Cuttack HQ Bhubaneswar, Odisha, India
Active Private Limited Company consumer electronics and durables
Data last updated
Revenue · FY 2024
₹6.86 Cr
▲ 51% YoY
Net profit · FY 2024
₹14.76 Lakh
Net margin 2.2%
EBITDA · FY 2024
₹24.29 Lakh
EBITDA margin 3.5%
Authorised capital
₹35 Lakh
Registered with MCA
Paid-up capital
₹26.6 Lakh
Issued & subscribed
Open charges
₹10 Lakh
Secured borrowings
Company age
33 yrs
Est. 1993
Directors on board
3
As per MCA filings

About Orican Systems Private Limited

Data last updated:

Orican Systems Private Limited is a private limited company based in Bhubaneswar, Odisha, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 26 March 1993 and has been in existence for over 33 years.

The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U74140OR1993PTC003294. Its GSTIN is 21AAACO9985D1ZE (Odisha). The company holds 2 GST registrations, all of them active.

The company has an authorised share capital of ₹35 Lakh and a paid-up capital of ₹26.6 Lakh. It is led by directors including Gautam Parija and Saipreet Parija.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 45A Kalpana Area, Bhubaneswar, Odisha, India – 751014.

As per the financials filed for FY 2024, the company reported a revenue of ₹6.86 Cr, a growth of 51% compared to the previous year. For the same year it recorded a net profit of ₹14.76 Lakh (net margin 2.2%) and EBITDA of ₹24.29 Lakh (EBITDA margin 3.5%). Revenue has grown at a compounded annual rate (CAGR) of 46% over three years and 17% over five years.

As per MCA filings, the company has open charges of ₹10 Lakh on record.

The current compliance status is marked as compliant by the Registrar of Companies.

Company Details of Orican Systems Private Limited
CIN U74140OR1993PTC003294
Registration Number 003294
Incorporation Date 26 March 1993
ROC Cuttack
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    Locked
  • Social Media
    Locked
  • Registered Address
    45A Kalpana Area, Bhubaneswar, Odisha, India – 751014
  • Industry
    Consumer Electronics & Durables, Electronic Appliances Retail & Distribution
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Financials, compliance, directors, charges, ownership and filings for Orican Systems Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Business Activity of Orican Systems Private Limited

The main business activity of Orican Systems is support service to organizations. In detail, this covers other support services to organizations.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
NSupport service to OrganizationsN7Other support services to organizationsLocked
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Business activity turnover details

Turnover share and past changes in activity are in the company report.

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Financials of Orican Systems Private Limited FY 2024 filings available

Orican Systems Private Limited reported revenue of ₹6.86 Cr (up 51% YoY) for FY 2024.

Revenue · FY 2024
₹6.86 Cr ▲ 51%
Net profit · FY 2024
₹14.76 Lakh margin 2.2%
EBITDA · FY 2024
₹24.29 Lakh margin 3.5%

Compounded Annual Growth Rate (CAGR) of Orican Systems Private Limited

Revenue CAGR growth
1 year
▲ 51%
3 years · compounded
▲ 46%
5 years · compounded
▲ 17%
EBITDA CAGR growth
1 year
▲ 37%
3 years · compounded
▲ 37%
5 years · compounded
▲ 9%

Revenue has grown at a compounded annual rate (CAGR) of 17% over five years, including 51% growth in the latest year. EBITDA rose 37% 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 Orican Systems Private Limited

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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₹24.29 Lakh••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)₹14.76 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 Orican Systems Private Limited

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin3.5%••••••••••••••••
Net Profit Margin2.2%••••••••••••••••
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 Orican Systems are in the company report.

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Financial statements from 2015

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Peer Comparison of Orican Systems Private Limited

Orican Systems Private Limited is compared with the companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
A.L.M.Electric Company Private Limited₹6.89 Cr (FY 2025)••••••••6.0%••••Chennai, Tamil Nadu, India
Csi Telecoms Private Limited₹6.88 Cr (FY 2024)••••••••-12.0%••••New Delhi, Delhi, India
Ajax India Power Control Private Limited.₹6.88 Cr (FY 2025)••••••••24.0%••••Delhi, India
Arpita Air Conditioning Private Limited₹6.87 Cr (FY 2024)••••••••299.0%••••Bhubaneswar, Odisha, India
Sandeep Impex Pvt Ltd₹6.87 Cr (FY 2024)••••••••26.0%••••Mumbai, Maharashtra, India
Orican Systems Private Limited this company₹6.86 Cr (FY 2024)••••••••51.0%••••Bhubaneswar, Odisha, India
Vara Green Energy Private Limited₹6.85 Cr (FY 2025)••••••••-56.0%••••Ahmedabad, Gujarat, India
Globeton India Private Limited₹6.85 Cr (FY 2023)••••••••196.0%••••Delhi, India
Coal City Automobiles Private Limited₹6.84 Cr (FY 2025)••••••••-5.0%••••Talcher, Odisha, India
Zotomart Private Limited₹6.83 Cr (FY 2025)••••••••4.0%••••New Delhi, Delhi, India
Electrosource Private Limited₹6.82 Cr (FY 2025)••••••••14.0%••••Nashik, Maharashtra, India

Peers are the five companies nearest above and the five nearest below Orican Systems by revenue in the Consumer Durables industry (Electronic Appliances Retail and Distribution), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.

Auditor Details of Orican Systems Private Limited

Orican Systems Private Limited is audited by BNT & ASSOCIATE for the financial year 2023.

NameStatusAppointment DateCessation Date
BNT & ASSOCIATELockedLockedLocked
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Board of Directors of Orican Systems Private Limited

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

Current Directors
NameDesignationAppointment DateTenureStatus
Gautam ParijaDirector26 Mar 199333 Years 6 MonthsCurrent
Saipreet ParijaDirector05 Sep 20179 Years 1 MonthsCurrent
Nibedita ParijaDirector01 Apr 200818 Years 6 MonthsCurrent

Ownership and Shareholding of Orican Systems Private Limited

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Charges & Borrowings of Orican Systems Private Limited

Open charges
₹10 Lakh
Satisfied charges
None
Breakdown by lending institutions
Others₹0.10 Cr
Latest charge details
DateLenderAmountStatus
15 Dec 2017Others₹10 LakhOpen

Total charge records: 1 View all charges

Employees and EPFO Compliance at Orican Systems Private Limited

Employment history and EPFO contributions of people linked to Orican Systems.

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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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CIN History of Orican Systems Private Limited

Orican Systems has one previous CIN (Corporate Identification Number): U74140OR2005PTC003294. The current CIN is U74140OR1993PTC003294, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U74140OR1993PTC003294Current
U74140OR2005PTC003294Previous

Recent Activity on Orican Systems Private Limited

Orican Systems Private Limited has 5 board changes on record since 1993: 3 appointments and 2 cessations. The latest: Saipreet Parija was appointed as Director on 05 Sep 2017.

AGM
Orican Systems Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Orican Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Cuttack.
Charges
A charge with Others amounted to Rs. 10.00 Lakh with Charge ID 100163045 was registered on 15 Dec 2017.
Appointed
Saipreet Parija was appointed as Director.
Ceased
Mamata Mohanty ceased to be Director.
Ceased
Rajen Mohanty ceased to be Director.
Appointed
Nibedita Parija was appointed as Director.
Appointed
Gautam Parija was appointed as Director.
Incorporation
26 Mar 1993
Orican Systems Private Limited was registered on 26 Mar 1993 with Roc Cuttack & aged 33 years 6 months as per MCA records.

Credit Ratings, Litigation & Regulatory Alerts for Orican Systems Private Limited

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MSME Payment Delays by Orican Systems Private Limited

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Subsidiaries & Group Companies of Orican Systems Private Limited

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GST Compliance of Orican Systems Private Limited

Orican Systems has 2 GST registrations: 2 active.

Total GSTINs
2
Active
2
GSTINStateStatusRegistered on
21AAACO9985D1ZEOdishaActive01 Jul 2017
21AABCO1014E1ZFOdishaActive01 Jul 2017
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MCA Filings & Documents of Orican Systems Private Limited

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Frequently Asked Questions about Orican Systems Private Limited

Orican Systems is an active private limited company based in Bhubaneswar, Odisha, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 26 March 1993 (33+ years old) and is registered under CIN U74140OR1993PTC003294.

Orican Systems reported revenue of ₹6.86 Cr for FY 2024 (up 51% YoY).

Orican Systems has 3 current directors:

Orican Systems reported a net profit of ₹14.76 Lakh (net margin 2.2%) and EBITDA of ₹24.29 Lakh (EBITDA margin 3.5%) for FY 2024, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of Orican Systems is 46% over three years and 17% over five years. In the latest year (FY 2024) revenue rose 51%. CAGR is the steady yearly rate that links the first and the last year.

The GSTIN of Orican Systems is 21AAACO9985D1ZE, registered in Odisha. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 21AABCO1014E1ZF (Odisha).

The CIN (Corporate Identification Number) of Orican Systems is U74140OR1993PTC003294. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Orican Systems was incorporated on 26 March 1993, making it 33+ years old. It is registered with the Registrar of Companies, Cuttack.

The peers of Orican Systems by revenue are A.L.M.Electric Company Private Limited, Csi Telecoms Private Limited, Ajax India Power Control Private Limited, Arpita Air Conditioning Private Limited, Sandeep Impex Pvt Ltd and 5 more, all in the Consumer Durables industry (Electronic Appliances Retail and Distribution).

Saipreet Parija was appointed as Director on 05 Sep 2017. Mamata Mohanty ceased to be Director on 12 Sep 2011. Rajen Mohanty ceased to be Director on 12 Sep 2011. Orican Systems has 5 board changes on record in total.

The registered office of Orican Systems is at 45A Kalpana Area, Bhubaneswar, Odisha, India – 751014.

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