About Pradhan Industries Limited
Data last updated:
Pradhan Industries Limited is a public limited company based in Jajpur, Odisha, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the mining and mineral extraction segment of the metals and mining sector. It was incorporated on 02 June 1999.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U27101OR1999PLC005790. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.1 Cr. It was formerly known as Pradhan Industries Private Limited. It is led by directors including Brahmananda Pradhan (Managing Director) and Sanjay Kumar Swain.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at At – Sanapatuli Po – Patuli Jajpur Road, Odisha, India – 755019.
As per the financials filed for FY 2021, the company reported a revenue of ₹57.04 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹39.18 Lakh (net margin -68.7%) and EBITDA of -₹19.38 Lakh (EBITDA margin -34%). Revenue has grown at a compounded annual rate (CAGR) of 59% over three years and 48% over five years.
The company has about 6 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹5.84 Cr and satisfied charges of ₹12.93 Cr on record. Court records list 32 cases involving the company, including 13 filed by the company and 19 filed against it; 7 cases are pending.
The last known website on record is pradhanindia.com.
Company details
CIN history
Pradhan Industries has one previous CIN (Corporate Identification Number): U27101OR1999PTC005790. The current CIN is U27101OR1999PLC005790, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U27101OR1999PLC005790 | Current |
| U27101OR1999PTC005790 | Previous |
Contact details
Pradhan Industries Limited's registered office is in Jajpur, Odisha. Its website is pradhanindia.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressAt – Sanapatuli Po – Patuli Jajpur Road, Odisha, India – 755019
- IndustryMetals and Minerals, Mining & Mineral Extraction
To see the full contact details of Pradhan Industries 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 Pradhan Industries Limited
FY 2021 filings availablePradhan Industries Limited reported revenue of ₹57.04 Lakh (up 238% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 48% over five years, including 238% growth 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹57.04 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹19.38 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹39.18 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -34% | ||||
| Net Profit Margin | -68.7% | ||||
| 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 Pradhan Industries Limited, buy the company report.
Board of directors of Pradhan Industries Limited
Pradhan Industries has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjay Kumar Swain | Director | 10 Feb 2020 | 6 Years 8 Months | As last reported |
| Bishnupriya Pradhan | Director | 08 Jul 2021 | 5 Years 3 Months | As last reported |
| Brahmananda Pradhan | Managing Director | 02 Jun 1999 | 27 Years 4 Months | As last reported |
Auditor
Pradhan Industries Limited is audited by B N MISRA & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B N MISRA & CO | FY 2021 | 321095E |
Shareholding
The shareholding of Pradhan Industries Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Pradhan Industries Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Dec 2009 | 10201063 | Bank of Baroda | ₹5.84 Cr | Open | |
| 17 Jan 2007 | 10032282 | State Bank of India | ₹6.55 Cr | Satisfied | |
| 02 Jul 2003 | 90080123 | Central Bank of India | ₹1.45 Cr | Satisfied | |
| 02 Jul 2003 | 90082020 | Central Bank of India | ₹1.45 Cr | Satisfied | |
| 12 Sep 2002 | 90080028 | Central Bank of India | ₹1.18 Cr | Satisfied |
To see the full charge records of Pradhan Industries Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
Pradhan Industries Limited has 32 court cases on record: 13 filed by Pradhan Industries, 19 filed against it. 7 cases are pending and 25 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 15 | 11 | 2 |
| High courts | 15 | 8 | 5 |
| Supreme Court | 2 | 0 | 0 |
Cases on record (5 of 32)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Court case (CONTC) | Filed by the company against Pramod Kumar Nayak,Exe. Engnr.(Elect.),Tp Northern Odisha Distribution Ltd., Jajpur | Pending |
| High Court, ORISSA | Writ petition | Filed against the company by TP Northern Odisha Distribution Ltd. Jajpur | Disposed |
| High Court, ORISSA | Writ petition | Filed by the company against Executive Engineer (Electrical), TP Northern Odisha Distribution Ltd. and 1 other | Disposed |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by SRC Chemicals Pvt Ltd Through Ganesh B Controllu | Disposed |
| District court, Khurda, Orissa | Revision petition | Filed by the company against Ms Vidhi Minerals and Alloys Pvt. Ltd. | Disposed |
To see the full case history of Pradhan Industries 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 Pradhan Industries Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Pradhan Industries Limited has a workforce of 6 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
Pradhan Industries has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Pradhan Industries Limited, buy the company report.
Recent activity
Pradhan Industries Limited has 7 board changes on record since 1999: 3 appointments and 4 cessations. The latest: Bishnupriya Pradhan ceased to be Additional Director on 30 Nov 2021.
15 earlier events are in the company report.
Frequently asked questions
Pradhan Industries is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Pradhan Industries is a company under liquidation, formerly operating as a public limited company based in Jajpur, Odisha, India. The company works in mining and mineral extraction, within the metals and minerals industry. It was incorporated on 02 June 1999 and is registered under CIN U27101OR1999PLC005790. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Pradhan Industries has 3 current directors:
- Brahmananda Pradhan - Managing Director
- Sanjay Kumar Swain - Director
- Bishnupriya Pradhan - Director
The latest financial statements of Pradhan Industries on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Pradhan Industries is U27101OR1999PLC005790. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pradhan Industries has open charges of ₹5.84 Cr and satisfied charges of ₹12.93 Cr as per latest MCA filings.
Pradhan Industries has 32 court cases on record: 13 filed by the company and 19 filed against it. 7 are pending. Most are in the district courts.
Pradhan Industries was incorporated on 02 June 1999. It is registered with the Registrar of Companies, Cuttack.
Bishnupriya Pradhan ceased to be Additional Director on 30 Nov 2021. Bishnupriya Pradhan was appointed as Director on 08 Jul 2021. Niranjan Sahoo ceased to be Director on 08 Jul 2021. Pradhan Industries has 7 board changes on record in total.
Pradhan Industries can be reached through the website pradhanindia.com. Its registered office is in Jajpur, Odisha, India.