MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-OD-19-0007289
Siddhartha Engineering Limited - energy and power in Bhubaneswar, Odisha, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹139.75 Cr
▲ 6% YoY
Net profit · FY 2025
₹4.94 Cr
Net margin 3.5%
EBITDA · FY 2025
₹16.54 Cr
EBITDA margin 11.8%
Authorised capital
₹15 Cr
Registered with MCA
Paid-up capital
₹13.19 Cr
Issued & subscribed
Open charges
₹456.55 Cr
Satisfied ₹27.11 Cr
Company age
40 yrs
Est. 1986
Employees · EPFO
130
Provident fund records
About Siddhartha Engineering Limited
Data last updated:
Siddhartha Engineering Limited is a public limited company based in Bhubaneswar, Odisha, India. It operates in the bop and btg services segment of the energy and power sector. It was incorporated on 20 November 1986 and has been in existence for over 40 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U74210OR1986PLC001762. Its GSTIN is 21AADCS1603H1Z0 (Odisha). The company holds 11 GST registrations, of which 8 are active.
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹13.19 Cr. It was formerly known as Siddhartha Engineering Private Limited. It is led by directors including Sudhansu Sekhar Palo (Managing Director) and Madhuri Palo (Whole-Time Director).
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No 1015 Near NH 5 Nayapali, Bhubaneswar, Odisha, India – 751012.
As per the financials filed for FY 2025, the company reported a revenue of ₹139.75 Cr, a growth of 6% compared to the previous year. For the same year it recorded a net profit of ₹4.94 Cr (net margin 3.5%) and EBITDA of ₹16.54 Cr (EBITDA margin 11.8%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 7% over five years.
The company has about 130 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹456.55 Cr and satisfied charges of ₹27.11 Cr on record. Court records list 37 cases involving the company, including 18 filed by the company and 19 filed against it; 15 cases are pending. The company has 4 deals on record (2 funding rounds, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹3.19 Cr; the latest was in March 2015.
Siddhartha Engineering Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-OD-19-0007289). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website selindia.net.
Company details
CIN U74210OR1986PLC001762
Registration Number 001762
Incorporation Date 20 November 1986
ROC Cuttack
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-OD-19-0007289
CIN history
Siddhartha Engineering has one previous CIN (Corporate Identification Number): U74210OR1986PTC001762. The current CIN is U74210OR1986PLC001762, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74210OR1986PLC001762 | Current |
| U74210OR1986PTC001762 | Previous |
Key People
Sudhansu Sekhar Palo Managing Director Madhuri Palo Whole-Time Director Rengali Kar Whole-Time Director Recognitions & Rankings of Siddhartha Engineering
Contact details
Siddhartha Engineering Limited's registered office is in Bhubaneswar, Odisha. Its website is selindia.net. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No 1015 Near NH 5 Nayapali, Bhubaneswar, Odisha, India – 751012
- IndustryEnergy and Power, BoP & BTG Services, Power EPC
To see the full contact details of Siddhartha Engineering Limited, buy the company report.
Comprehensive company report
Siddhartha Engineering Limited - one report that includes everything
- 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
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Business activity
The main business activity of Siddhartha Engineering is construction. In detail, this covers demolition & site preparation, electrical, plumbing & other specialized construction activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F3 | Demolition & site preparation, Electrical, plumbing & other Specialized construction Activities |
To see the full business activity and turnover split of Siddhartha Engineering Limited, buy the company report.
Financials of Siddhartha Engineering Limited
FY 2025 filings availableSiddhartha Engineering Limited reported revenue of ₹139.75 Cr (up 6% YoY) for FY 2025.
Revenue · FY 2025
₹139.75 Cr ▲ 6%
Net profit · FY 2025
₹4.94 Cr margin 3.5%
EBITDA · FY 2025
₹16.54 Cr margin 11.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 6%
3 years · compounded
▲ 13%
5 years · compounded
▲ 7%
EBITDA CAGR growth
1 year
▼ 12%
3 years · compounded
▲ 4%
5 years · compounded
▲ 1%
Revenue has grown at a compounded annual rate (CAGR) of 7% over five years, including 6% growth in the latest year. EBITDA fell 12% 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 | ₹16.54 Cr | ||||
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| Net Profit (PAT) | ₹4.94 Cr | ||||
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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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| Profitability | |||||
| EBITDA Margin | 11.8% | ||||
| Net Profit Margin | 3.5% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Siddhartha Engineering Limited, buy the company report.
Board of directors of Siddhartha Engineering Limited
Siddhartha Engineering has 7 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Madhuri Palo | Whole-Time Director | 20 Nov 1986 | 39 Years 11 Months | Current |
| Rengali Kar | Whole-Time Director | 15 Apr 2007 | 19 Years 6 Months | Current |
| Sudhansu Sekhar Palo | Managing Director | 20 Nov 1986 | 39 Years 11 Months | Current |
| Sarika Palo Also directs: Crux Engineering Private Limited | Whole-Time Director | 15 Apr 2005 | 21 Years 6 Months | Current |
| Sidhartha Palo Also directs: Crux Engineering Private Limited | Whole-Time Director | 15 Apr 2005 | 21 Years 6 Months | Current |
| Niranjan Kar | Director | 07 Feb 2025 | 1 Years 8 Months | Current |
Showing 6 of 7 current directors. View all directors
Auditor
Siddhartha Engineering Limited is audited by PADHI & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PADHI & CO. | FY 2023 | 309045E |
Shareholding
The shareholding of Siddhartha Engineering 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 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Siddhartha Engineering Limited, buy the company report.
Charges & borrowings
Open charges
₹456.55 Cr
Satisfied charges
₹27.11 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Sep 2023 | 100804144 | Others | ₹20 Cr | Open | |
| 02 Jun 2023 | 100726044 | Sbicap Trustee Company Limited | ₹157.75 Cr | Open | |
| 17 Nov 2022 | 100644077 | Axis Bank Limited | ₹25.01 Cr | Open | |
| 24 Jul 2020 | 100365851 | Canara Bank | ₹3.94 Cr | Open | |
| 13 May 2020 | 100336276 | State Bank of India | ₹4.84 Cr | Open |
To see the full charge records of Siddhartha Engineering Limited, buy the company report.
Total charge records: 13 View all charges
Deals & funding
Siddhartha Engineering Limited has 4 deals on record (2 funding rounds, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹3.19 Cr; the latest was in March 2015.
Total deals
4
Funding rounds
2
Rights issue
1
Secondary share transfer
1
Disclosed funding
₹3.19 Cr
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2015 | Rights issue | ₹1 Cr | Investors: 4 individuals |
| Mar 2014 | Funding round | ₹1.13 Cr | Investors: 3 individuals |
| Mar 2008 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2007 | Funding round | ₹2.07 Cr | Investors: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Siddhartha Engineering Limited has 37 court cases on record: 18 filed by Siddhartha Engineering, 19 filed against it. 15 cases are pending and 22 are disposed.
Total cases
37
Filed by the company
18
Filed against the company
19
Pending
15
Disposed
22
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 25 | 12 | 13 |
| High courts | 12 | 7 | 2 |
Cases on record (5 of 37)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, New Delhi, Delhi | Cheque dishonour complaint | Filed against the company by Siemens Financial Services Pvt Ltd | Pending |
| District court, Panchkula, Haryana | Execution petition | Filed by the company against Haryana Vidyut Prasaran Nigam Ltd. | Pending |
| High Court, HARYANA | Revision petition | Filed against the company by M/S Reckers Control India Private Limited | Pending |
| District court, Khurda, Odisha | Court case (I . c. c) | Filed by the company against M/S Sag Projects Pvt Ltd and Another | Pending |
| District court, Panchkula, Haryana | Arbitration matter | Filed against the company by Haryana Vidyut Prasaran Nigam Ltd. | Pending |
To see the full case history of Siddhartha Engineering 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.
Credit ratings & regulatory alerts
Siddhartha Engineering Limited was last rated by Care on 09 Sep 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 09 Sep 2021 |
To see the full credit ratings and regulatory alerts of Siddhartha Engineering Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Siddhartha Engineering Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Siddhartha Engineering Limited has a workforce of 130 employees on its EPFO records as of Apr 03, 2024, across 1 active EPFO establishment.
Employee count
130
Active EPFO establishments
1
Employee growth
4%
GST
Siddhartha Engineering has 11 GST registrations: 8 active and 3 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
11
Active
8
Cancelled / inactive
3
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AADCS1603H1Z0 | Odisha | Active | 01 Jul 2017 |
| 14AADCS1603H1ZV | Manipur | Active | 01 Jul 2017 |
| 16AADCS1603H1ZR | Tripura | Active | 01 Jul 2017 |
| 19AADCS1603H1ZL | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Siddhartha Engineering Limited, buy the company report.
Recent activity
Siddhartha Engineering Limited has 13 board changes on record since 1986: 7 appointments and 6 cessations. The latest: Niranjan Kar was appointed as Director on 07 Feb 2025.
AGM
Siddhartha Engineering Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Filing
Siddhartha Engineering Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Cuttack.
Appointed
Niranjan Kar was appointed as Director.
Appointed
Prakash Chandra Das was appointed as Director.
Charges
A charge with Sbicap Trustee Company Limited of Rs. 157.75 Cr registered on 02 Jun 2023 with Charge ID 100726044 was modified on 27 Mar 2024.
Charges
A charge with Others amounted to Rs. 20.00 Cr with Charge ID 100804144 was registered on 29 Sep 2023.
Charges
A charge with Sbicap Trustee Company Limited amounted to Rs. 157.75 Cr with Charge ID 100726044 was registered on 02 Jun 2023.
Charges
A charge registered on 16 Oct 2020 via Charge ID 100379192 with Idbi Bank Limited was fully satisfied on 31 Mar 2023.
Charges
A charge with Axis Bank Limited amounted to Rs. 25.01 Cr with Charge ID 100644077 was registered on 17 Nov 2022.
Charges
A charge with Others of Rs. 153.53 Cr registered on 15 May 2015 with Charge ID 10572739 was modified on 19 Sep 2022.
Charges
A charge with Canara Bank of Rs. 3.94 Cr registered on 24 Jul 2020 with Charge ID 100365851 was modified on 31 Mar 2022.
Charges
A charge with State Bank Of India of Rs. 4.84 Cr registered on 13 May 2020 with Charge ID 100336276 was modified on 28 Oct 2020.
28 earlier events are in the company report.
Frequently asked questions
Siddhartha Engineering is an active public limited company based in Bhubaneswar, Odisha, India. The company works in bop and btg services, within the energy and power industry. It was incorporated on 20 November 1986 (40+ years old) and is registered under CIN U74210OR1986PLC001762.
Siddhartha Engineering has 7 current directors:
- Sudhansu Sekhar Palo - Managing Director
- Madhuri Palo - Whole-Time Director
- Rengali Kar - Whole-Time Director
- Sarika Palo - Whole-Time Director
- Sidhartha Palo - Whole-Time Director
- Niranjan Kar - Director
- Prakash Chandra Das - Director
The latest financial statements of Siddhartha Engineering on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Siddhartha Engineering is 21AADCS1603H1Z0, registered in Odisha. The company has 11 GST registrations in all, of which 8 are active and 3 are cancelled or inactive. Other active GSTINs include 14AADCS1603H1ZV (Manipur), 16AADCS1603H1ZR (Tripura), 19AADCS1603H1ZL (West Bengal).
The CIN (Corporate Identification Number) of Siddhartha Engineering is U74210OR1986PLC001762. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Siddhartha Engineering has 37 court cases on record: 18 filed by the company and 19 filed against it. 15 are pending. Most are in the district courts.
Siddhartha Engineering was incorporated on 20 November 1986, making it 40+ years old. It is registered with the Registrar of Companies, Cuttack.
Siddhartha Engineering has 4 deals on record (2 funding rounds, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹3.19 Cr; the latest was in March 2015.
Niranjan Kar was appointed as Director on 07 Feb 2025. Prakash Chandra Das was appointed as Director on 07 Feb 2025. Basanta Kumar Panda ceased to be Additional Director on 29 Sep 2018. Siddhartha Engineering has 13 board changes on record in total.
Yes, Siddhartha Engineering is registered as a medium enterprise under Udyam registration (number: UDYAM-OD-19-0007289).