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.
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.
Company details
Contact details
Siddha Development Research and Consultancy Private Limited's registered office is in Bhubaneswar, Odisha. Its website is sdrc.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No 131 Panjabi Colony Satya Nagar, Bhubaneswar, Odisha, India – 751007
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Siddha Development Research and Consultancy 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
Business activity
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 | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J7 | Data processing, hosting and related activities; web portal |
To see the full business activity and turnover split of Siddha Development Research and Consultancy Private Limited, buy the company report.
Financials of Siddha Development Research and Consultancy Private Limited
FY 2025 filings availableSiddha Development Research and Consultancy Private Limited reported revenue of ₹1.14 Cr (down 42% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹14.32 Lakh | ||||
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| Net Profit (PAT) | -₹21.17 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | -12.5% | ||||
| Net Profit Margin | -18.5% | ||||
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To see the full financial statements and ratios of Siddha Development Research and Consultancy Private Limited, buy the company report.
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 |
Auditor
Siddha Development Research and Consultancy Private Limited is audited by T. K. AGARWALLA & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| T. K. AGARWALLA & CO. | FY 2023 | 325201E |
Shareholding
The shareholding of Siddha Development Research and Consultancy 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 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
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| Others |
To see the full shareholding pattern of Siddha Development Research and Consultancy Private Limited, buy the company report.
Deals & funding
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 |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Siddha Development Research and Consultancy Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Siddha Development Research and Consultancy Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Siddha Development Research and Consultancy Private Limited has a workforce of 9 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Siddha Development Research and Consultancy has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AANCS8430Q1ZS | Odisha | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Siddha Development Research and Consultancy Private Limited, buy the company report.
Recent activity
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.
Frequently asked questions
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 has 4 current directors:
- Ranjana Pandey Panigrahi - Managing Director
- Debiprasad Dash - Director
- Ratnakar Panigrahi - Director
- Narasingha Panigrahi - Director
The latest financial statements of Siddha Development Research and Consultancy on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
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.
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.
Siddha Development Research and Consultancy can be reached through the website sdrc.co.in. Its registered office is in Bhubaneswar, Odisha, India.
The registered office of Siddha Development Research and Consultancy is at Plot No 131 Panjabi Colony Satya Nagar, Bhubaneswar, Odisha, India – 751007.