Oriensol Systems Private Limited
About Oriensol Systems Private Limited
Data last updated:
Oriensol Systems Private Limited is a private limited company based in Cuttack, Odisha, India. It operates in the consultancy services segment of the technology and IT services sector. It was incorporated on 12 December 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U74210OR2006PTC009069. Its GSTIN is 21AABCO0102H1ZE (Odisha).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹35 Lakh. It is led by directors including Saroj Kumar Senapati (Managing Director) and Manas Ranjan Priyadarsan.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Plotno – 47 C/O – Bijay Kumar Sahu Sriram Bhavan Shakti Nagar Madhupatna, Cuttack, Odisha, India – 753010.
As per the financials filed for FY 2019, the company reported a revenue of ₹1.22 Cr, a growth of 56% compared to the previous year. For the same year it recorded a net loss of ₹18.69 Lakh (net margin -15.3%) and EBITDA of -₹84,873 (EBITDA margin -0.7%). Revenue has declined at a compounded annual rate (CAGR) of 19% over three years.
As per MCA filings, the company has open charges of ₹1.23 Cr on record. Court records list 4 cases involving the company, including 4 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Oriensol Systems Private Limited's registered office is in Cuttack, Odisha.
- Registered AddressPlotno – 47 C/O – Bijay Kumar Sahu Sriram Bhavan Shakti Nagar Madhupatna, Cuttack, Odisha, India – 753010
- IndustryInformation Technology, Consultancy, Computer Programming
- 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 Oriensol Systems is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Oriensol Systems Private Limited, buy the company report.
Financials of Oriensol Systems Private Limited
FY 2019 filings availableOriensol Systems Private Limited reported revenue of ₹1.22 Cr (up 56% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue rose 56% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 19%. EBITDA rose 95% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| 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 | -₹84,873 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹18.69 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
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -0.7% | ||||
| Net Profit Margin | -15.3% | ||||
| 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 Oriensol Systems Private Limited, buy the company report.
Board of directors of Oriensol Systems Private Limited
Oriensol Systems 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 |
|---|---|---|---|---|
| Saroj Kumar Senapati Also directs: Seternity Ceaseless Service Private Limited | Managing Director | 12 Dec 2006 | 19 Years 10 Months | Current |
| Manas Ranjan Priyadarsan | Director | 30 Mar 2010 | 16 Years 6 Months | Current |
| Biswaranjan Priyadarsan | Director | 30 Mar 2010 | 16 Years 6 Months | Current |
Peer comparison
Oriensol Systems Private Limited is compared with the 3 companies closest to it by revenue in the Information Technology industry (Software Services), with the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Multicodes Services Private Limited | ₹1.22 Cr (FY 2023) | 20.0% | Ahmedabad, Gujarat, India | |||
| 3Diq Software Private Limited | ₹1.22 Cr (FY 2024) | -59.0% | Chennai, Tamil Nadu, India | |||
| Oriensol Systems Private Limitedthis company | ₹1.22 Cr (FY 2019) | -₹18.69 Lakh | -15.3% | 56.0% | Cuttack, Odisha, India | |
| Spectrawise Technologies Private Limited | ₹1.21 Cr (FY 2025) | 33.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Oriensol Systems Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Nov 2010 | 10260711 | Indian Overseas Bank | ₹1.23 Cr | Open |
To see the full charge records of Oriensol Systems Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Oriensol Systems Private Limited has 4 court cases on record: 4 filed by Oriensol Systems. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 0 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, ORISSA | Writ petition | Filed by the company against Branch Manager, Universal Sompo General Insurance Co. Ltd. and 4 others | Disposed |
| High Court, ORISSA | Writ petition | Filed by the company against Indian Overseas Bank, Chennai and 4 others | Disposed |
| High Court, ORISSA | Writ petition | Filed by the company against Indian Overseas Bank (Iob), Chennai and 4 others | Disposed |
| High Court, ORISSA | Writ petition | Filed by the company against Joint Commissioner,Gst and Central Excise,Bbsr Commissionerate and 5 others | Disposed |
To see the full case history of Oriensol Systems 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 Oriensol Systems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Oriensol Systems has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AABCO0102H1ZE | Odisha | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Oriensol Systems Private Limited, buy the company report.
Recent activity
Oriensol Systems Private Limited has 8 board changes on record since 2006: 3 appointments and 5 cessations. The latest: Biswajita Prusty ceased to be Director on 07 Mar 2016.
1 earlier event is in the company report.
Frequently asked questions
Oriensol Systems is an active private limited company based in Cuttack, Odisha, India. The company works in consultancy, within the information technology industry. It was incorporated on 12 December 2006 (20+ years old) and is registered under CIN U74210OR2006PTC009069.
Oriensol Systems has 3 current directors:
- Saroj Kumar Senapati - Managing Director
- Manas Ranjan Priyadarsan - Director
- Biswaranjan Priyadarsan - Director
The latest financial statements of Oriensol Systems on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
The GSTIN of Oriensol Systems is 21AABCO0102H1ZE, registered in Odisha.
The CIN (Corporate Identification Number) of Oriensol Systems is U74210OR2006PTC009069. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Oriensol Systems has 4 court cases on record: 4 filed by the company.
Oriensol Systems was incorporated on 12 December 2006, making it 20+ years old. It is registered with the Registrar of Companies, Cuttack.
The peers of Oriensol Systems by revenue are Multicodes Services Private Limited, 3Diq Software Private Limited, Spectrawise Technologies Private Limited, all in the Information Technology industry (Software Services), with the same principal business activity (computer programming, consultancy and related activities).
Biswajita Prusty ceased to be Director on 07 Mar 2016. Bijaya Kumar Sahu ceased to be Director on 31 May 2013. Biswaranjan Priyadarsan was appointed as Director on 30 Mar 2010. Oriensol Systems has 8 board changes on record in total.
The registered office of Oriensol Systems is at Plotno – 47 CO – Bijay Kumar Sahu Sriram Bhavan Shakti Nagar Madhupatna, Cuttack, Odisha, India – 753010.
Oriensol Systems operates in the information technology industry, in the consultancy segment.