About Siddha Development Research and Consultancy Private Limited
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Siddha Development Research and Consultancy Private Limited is a private limited company based in Bhubaneswar, Odisha, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 11 February 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U74140OR2010PTC011602. Its GSTIN is 21AANCS8430Q1ZS (Odisha).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹3.37 Lakh. It is led by directors including Ranjana Pandey Panigrahi (Managing Director) and Debiprasad Dash.
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 131 Panjabi Colony Satya Nagar, Bhubaneswar, Odisha, India – 751007.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.14 Cr, a decline of 42% compared to the previous year. For the same year it recorded a net loss of ₹21.17 Lakh (net margin -18.5%) and EBITDA of -₹14.32 Lakh (EBITDA margin -12.5%). Revenue has declined at a compounded annual rate (CAGR) of 21% over three years and 13% over five years.
The company has about 9 employees on its provident fund (EPFO) records.
The company has 4 deals on record (4 rights issues); the latest was in December 2016. Its 10 peer companies in the Outsourcing industry (Application Development, Consulting Services) are compared by revenue, 5 larger and 5 smaller; the largest is Inferno Infotech Private Limited with revenue of ₹1.14 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sdrc.co.in.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressPlot No 131 Panjabi Colony Satya Nagar, Bhubaneswar, Odisha, India – 751007
- IndustryInformation Technology, Application Development & Software Solutions
- 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
- One PDF report, delivered after checkout
Business Activity of Siddha Development Research and Consultancy Private Limited
The main business activity of Siddha Development Research and Consultancy is information and communication. In detail, this covers data processing, hosting and related activities; web portal.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J7 | Data processing, hosting and related activities; web portal | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Siddha Development Research and Consultancy Private Limited FY 2025 filings available
Siddha Development Research and Consultancy Private Limited reported revenue of ₹1.14 Cr (down 42% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Siddha Development Research and Consultancy Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 13% over five years, including a 42% fall in the latest year. EBITDA fell 136% 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 Siddha Development Research and Consultancy Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | -₹14.32 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹21.17 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 Siddha Development Research and Consultancy Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -12.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -18.5% | •••• | •••• | •••• | •••• |
| 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 Siddha Development Research and Consultancy are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Siddha Development Research and Consultancy Private Limited
Siddha Development Research and Consultancy has 4 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Debiprasad Dash | Director | 11 Feb 2010 | 16 Years 8 Months | Current |
| Ratnakar Panigrahi | Director | 14 Aug 2019 | 7 Years 2 Months | Current |
| Narasingha Panigrahi Also directs: Shree Ganesh Recycling Private Limited | Director | 14 Jul 2013 | 13 Years 3 Months | Current |
| Ranjana Pandey Panigrahi | Managing Director | 11 Feb 2010 | 16 Years 8 Months | Current |
Peer Comparison of Siddha Development Research and Consultancy Private Limited
Siddha Development Research and Consultancy Private Limited is compared with the companies closest to it by revenue in the Outsourcing industry (Application Development, Consulting Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Inferno Infotech Private Limited | ₹1.14 Cr (FY 2025) | •••• | •••• | 38.0% | •••• | Delhi, India |
| Continental Software Solutions Private Limited | ₹1.14 Cr (FY 2025) | •••• | •••• | -13.0% | •••• | New Delhi, Delhi, India |
| TL Center Advisors Private Limited | ₹1.14 Cr (FY 2025) | •••• | •••• | 17.0% | •••• | Gurgaon, Haryana, India |
| Asqure Auto Stampings Private Limited | ₹1.14 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | Pune, Maharashtra, India |
| Sedots Info Technologies Private Limited | ₹1.14 Cr (FY 2024) | •••• | •••• | 3.0% | •••• | Hyderabad, Telangana, India |
| Siddha Development Research and Consultancy Private Limited this company | ₹1.14 Cr (FY 2025) | •••• | •••• | -42.0% | •••• | Bhubaneswar, Odisha, India |
| Raufar Turnaround Specialists Private Limited | ₹1.14 Cr (FY 2025) | •••• | •••• | 107.0% | •••• | Mumbai, Maharashtra, India |
| Akihira Industries Private Limited | ₹1.14 Cr (FY 2020) | •••• | •••• | -22.0% | •••• | Visakhapatnam, Andhra Pradesh, India |
| Panthaora Limited Listed | ₹1.14 Cr (FY 2025) | •••• | •••• | 33.0% | •••• | New Delhi, Delhi, India |
| Devki Energy Consultancy Private Limited | ₹1.14 Cr (FY 2025) | •••• | •••• | 36.0% | •••• | Vadodara, Gujarat, India |
| Seculibrium Services & Solutions Private Limited | ₹1.14 Cr (FY 2022) | •••• | •••• | 115.0% | •••• | Pune, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Siddha Development Research and Consultancy by revenue in the Outsourcing industry (Application Development, Consulting Services), 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 Siddha Development Research and Consultancy Private Limited
Siddha Development Research and Consultancy Private Limited is audited by T. K. AGARWALLA & CO. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| T. K. AGARWALLA & CO. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Siddha Development Research and Consultancy Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Siddha Development Research and Consultancy Private Limited
Siddha Development Research and Consultancy Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Siddha Development Research and Consultancy Private Limited
Siddha Development Research and Consultancy Private Limited has 4 deals on record (4 rights issues); the latest was in December 2016.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2016 | Rights issue | ₹8.5 Lakh | Investors: 2 individuals |
| Jan 2016 | Rights issue | ₹5.3 Lakh | Investors: an individual |
| Aug 2015 | Rights issue | ₹23.2 Lakh | Investors: 2 individuals |
| May 2015 | Rights issue | ₹42.4 Lakh | Investors: 3 individuals |
Full deal history
All 4 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Employees and EPFO Compliance at Siddha Development Research and Consultancy Private Limited
Siddha Development Research and Consultancy Private Limited has a workforce of 9 employees as of Apr 09, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Siddha Development Research and Consultancy Private Limited
Siddha Development Research and Consultancy Private Limited has 9 board changes on record since 2010: 4 appointments and 5 cessations. The latest: Ratnakar Panigrahi was appointed as Director on 14 Aug 2019.
Credit Ratings, Litigation & Regulatory Alerts for Siddha Development Research and Consultancy Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Siddha Development Research and Consultancy Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Siddha Development Research and Consultancy Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Siddha Development Research and Consultancy Private Limited
Siddha Development Research and Consultancy has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AANCS8430Q1ZS | Odisha | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Siddha Development Research and Consultancy Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Siddha Development Research and Consultancy Private Limited
Siddha Development Research and Consultancy is an active private limited company based in Bhubaneswar, Odisha, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 11 February 2010 (16+ years old) and is registered under CIN U74140OR2010PTC011602.
Siddha Development Research and Consultancy reported revenue of ₹1.14 Cr for FY 2025 (down 42% YoY).
Siddha Development Research and Consultancy has 4 current directors:
- Ranjana Pandey Panigrahi - Managing Director
- Debiprasad Dash - Director
- Ratnakar Panigrahi - Director
- Narasingha Panigrahi - Director
Siddha Development Research and Consultancy reported a net loss of ₹21.17 Lakh (net margin -18.5%) and EBITDA of -₹14.32 Lakh (EBITDA margin -12.5%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Siddha Development Research and Consultancy is -21% over three years and -13% over five years. In the latest year (FY 2025) revenue fell 42%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Siddha Development Research and Consultancy is 21AANCS8430Q1ZS, registered in Odisha.
The CIN (Corporate Identification Number) of Siddha Development Research and Consultancy is U74140OR2010PTC011602. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Siddha Development Research and Consultancy was incorporated on 11 February 2010, making it 16+ years old. It is registered with the Registrar of Companies, Cuttack.
Siddha Development Research and Consultancy has 4 deals on record (4 rights issues); the latest was in December 2016.
The peers of Siddha Development Research and Consultancy by revenue are Inferno Infotech Private Limited, Continental Software Solutions Private Limited, TL Center Advisors Private Limited, Asqure Auto Stampings Private Limited, Sedots Info Technologies Private Limited and 5 more, all in the Outsourcing industry (Application Development, Consulting Services).
Ratnakar Panigrahi was appointed as Director on 14 Aug 2019. Ratnakar Panigrahi ceased to be Managing Director on 06 Jul 2018. Alok Mohanty ceased to be Director on 30 Sep 2016. Siddha Development Research and Consultancy has 9 board changes on record in total.