Prabhu Sponge Private Limited
About Prabhu Sponge Private Limited
Data last updated:
Prabhu Sponge Private Limited is a private limited company based in Sundargarh, Odisha, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 27 August 2001 and has been in existence for over 25 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U27102OR2001PTC006580. Its GSTIN is 21AACCP3985C1ZP (Odisha).
The company has an authorised share capital of ₹6 Cr and a paid-up capital of ₹5.54 Cr. It is led by directors Murari Lal Sharma and Mohan Lal Agarwal.
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 Fn – 18 P. B. No. – 3 Vill. – Jhagarpur P. O. – Kesramal, Sundargarh, Odisha, India – 770017.
As per the financials filed for FY 2023, the company reported a revenue of ₹152.62 Cr, a growth of 37% compared to the previous year. For the same year it recorded a net profit of ₹23.72 Cr (net margin 15.5%) and EBITDA of ₹32.98 Cr (EBITDA margin 21.6%). Revenue has grown at a compounded annual rate (CAGR) of 46% over three years and 29% over five years.
The company has about 43 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹14.61 Cr and satisfied charges of ₹30.1 Cr on record. Court records list 9 cases involving the company, including 9 filed by the company; 3 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Prabhu Sponge Private Limited's registered office is in Sundargarh, Odisha. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressFn – 18 P. B. No. – 3 Vill. – Jhagarpur P. O. – Kesramal, Sundargarh, Odisha, India – 770017
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Prabhu Sponge 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
Financials of Prabhu Sponge Private Limited
FY 2024 filings availablePrabhu Sponge Private Limited reported revenue of ₹152.62 Cr (up 37% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 29% over five years, including 37% growth in the latest year. EBITDA rose 234% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹152.62 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹32.98 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹23.72 Cr | ||||
| 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 21.6% | ||||
| Net Profit Margin | 15.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Prabhu Sponge Private Limited, buy the company report.
Board of directors of Prabhu Sponge Private Limited
Prabhu Sponge has 2 current directors and 15 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Murari Lal Sharma Also directs: Agrasen Sponge Private Limited, Udayachal Viniyog Pvt Ltd | Director | 01 Aug 2013 | 13 Years 3 Months | Current |
| Mohan Lal Agarwal Also directs: Metropoli Overseas Ltd, Bortex Agro Pvt.Ltd. | Director | 27 Aug 2001 | 25 Years 2 Months | Current |
Auditor
Prabhu Sponge Private Limited is audited by GANERIWALA AND GANERIWAL for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GANERIWALA AND GANERIWAL | FY 2023 | 322775E |
Shareholding
The shareholding of Prabhu Sponge 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 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 Prabhu Sponge Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Dec 2022 | 100673578 | Uco Bank | ₹13.69 Cr | Open | |
| 16 Nov 2020 | 100411857 | Hdfc Bank Limited | ₹47.5 Lakh | Open | |
| 11 Feb 2020 | 100326503 | Hdfc Bank Limited | ₹44.97 Lakh | Open | |
| 18 Mar 2011 | 10284509 | Vijaya Bank | ₹2 Cr | Satisfied | |
| 09 Sep 2009 | 10205037 | Vijaya Bank | ₹3.75 Cr | Satisfied |
To see the full charge records of Prabhu Sponge Private Limited, buy the company report.
Total charge records: 10 View all charges
Legal cases
Prabhu Sponge Private Limited has 9 court cases on record: 9 filed by Prabhu Sponge. 3 cases are pending and 6 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 7 | 0 | 3 |
| District courts | 2 | 0 | 0 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Orissa | Court case (STREV) | Filed by the company against State of Odisha | Pending |
| High Court, ORISSA | Writ petition | Filed by the company against individuals | Disposed |
| High Court | Writ petition | Filed by the company against an individual | Disposed |
| High Court | Writ petition | Filed by the company against Omc Ltd. and Ors. | Disposed |
| District court, Sundargarh, Orissa | Civil suit | Filed by the company against an individual | Disposed |
To see the full case history of Prabhu Sponge 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 Prabhu Sponge Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Prabhu Sponge Private Limited has a workforce of 43 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.
GST
Prabhu Sponge has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AACCP3985C1ZP | Odisha | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Prabhu Sponge Private Limited, buy the company report.
Recent activity
Prabhu Sponge Private Limited has 16 board changes on record since 2001: 2 appointments and 14 cessations. The latest: Natwar Kumar Agarwal ceased to be Director on 20 Dec 2018.
26 earlier events are in the company report.
Frequently asked questions
Prabhu Sponge is an active private limited company based in Sundargarh, Odisha, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 27 August 2001 (25+ years old) and is registered under CIN U27102OR2001PTC006580.
Prabhu Sponge has 2 current directors:
- Murari Lal Sharma - Director
- Mohan Lal Agarwal - Director
The latest financial statements of Prabhu Sponge on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Prabhu Sponge is 21AACCP3985C1ZP, registered in Odisha.
The CIN (Corporate Identification Number) of Prabhu Sponge is U27102OR2001PTC006580. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Prabhu Sponge has 9 court cases on record: 9 filed by the company. 3 are pending. Most are in the high courts.
Prabhu Sponge was incorporated on 27 August 2001, making it 25+ years old. It is registered with the Registrar of Companies, Cuttack.
Natwar Kumar Agarwal ceased to be Director on 20 Dec 2018. Sunil Kumar Poddar ceased to be Director on 20 Dec 2018. Dilip Kumar Sharma ceased to be Director on 25 Mar 2015. Prabhu Sponge has 16 board changes on record in total.
The registered office of Prabhu Sponge is at Fn – 18 P. B. No. – 3 Vill. – Jhagarpur P. O. – Kesramal, Sundargarh, Odisha, India – 770017.
Prabhu Sponge operates in the metals and minerals industry, in the steel manufacturing and processing segment.
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