MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-OD-18-0003553
Sushant Minerals Private Limited - metals and minerals in Barbil, Odisha, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹24.95 Cr
▼ 15% YoY
Net profit · FY 2025
₹1.03 Cr
Net margin 4.1%
EBITDA · FY 2025
₹4.75 Cr
EBITDA margin 19%
Authorised capital
₹10 Cr
Registered with MCA
Paid-up capital
₹4.91 Cr
Issued & subscribed
Open charges
₹59.81 Cr
Satisfied ₹39.42 Cr
Company age
19 yrs
Est. 2007
Employees · EPFO
73
Provident fund records
About Sushant Minerals Private Limited
Data last updated:
Sushant Minerals Private Limited is a private limited company based in Barbil, Odisha, India. It operates in the metal manufacturing and processing segment of the metals and mining sector. It was incorporated on 26 February 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U27102OR2007PTC009191. Its GSTIN is 21AAKCS7245Q1ZS (Odisha). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹4.91 Cr. It is led by directors including Dusmanta Palei and Parbati Palei.
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 Plot No – 427/1158 New Sundara Basti, Barbil, Odisha, India – 758035.
As per the financials filed for FY 2025, the company reported a revenue of ₹24.95 Cr, a decline of 15% compared to the previous year. For the same year it recorded a net profit of ₹1.03 Cr (net margin 4.1%) and EBITDA of ₹4.75 Cr (EBITDA margin 19%). Revenue has declined at a compounded annual rate (CAGR) of 15% over three years and 14% over five years.
The company has about 73 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Sushant Minerals. As per MCA filings, the company has open charges of ₹59.81 Cr and satisfied charges of ₹39.42 Cr on record. Court records list 29 cases involving the company, including 20 filed by the company and 9 filed against it; 6 cases are pending.
Sushant Minerals Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-OD-18-0003553). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sushantminerals.com.
Company details
CIN U27102OR2007PTC009191
Registration Number 009191
Incorporation Date 26 February 2007
ROC Cuttack
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-OD-18-0003553
Recognitions & Rankings of Sushant Minerals
Contact details
Sushant Minerals Private Limited's registered office is in Barbil, Odisha. Its website is sushantminerals.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No – 427/1158 New Sundara Basti, Barbil, Odisha, India – 758035
- IndustryMetals and Minerals, Metal Manufacturing & Processing
To see the full contact details of Sushant Minerals Private Limited, buy the company report.
Comprehensive company report
Sushant Minerals Private 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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Brands
Sushant Minerals operates one associated brand: Sushant Minerals. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of ores and minerals mining services | sushantminerals.com |
Business activity
The main business activity of Sushant Minerals is mining and quarrying. In detail, this covers mining of metal ores.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| B | Mining and quarrying | B3 | Mining of Metal Ores |
To see the full business activity and turnover split of Sushant Minerals Private Limited, buy the company report.
Financials of Sushant Minerals Private Limited
FY 2024 filings availableSushant Minerals Private Limited reported revenue of ₹24.95 Cr (down 15% YoY) for FY 2025.
Revenue · FY 2025
₹24.95 Cr ▼ 15%
Net profit · FY 2025
₹1.03 Cr margin 4.1%
EBITDA · FY 2025
₹4.75 Cr margin 19%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 15%
3 years · compounded
▼ 15%
5 years · compounded
▼ 14%
EBITDA CAGR growth
1 year
▼ 65%
3 years · compounded
▼ 17%
5 years · compounded
▼ 23%
Revenue has declined at a compounded annual rate (CAGR) of 14% over five years, including a 15% fall in the latest year. EBITDA fell 65% 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 | ₹4.75 Cr | ||||
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| Net Profit (PAT) | ₹1.03 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 | 19% | ||||
| Net Profit Margin | 4.1% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Sushant Minerals Private Limited, buy the company report.
Board of directors of Sushant Minerals Private Limited
Sushant Minerals has 4 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dusmanta Palei Also directs: Sushant Power & Steel Private Limited | Director | 06 Jul 2015 | 11 Years 3 Months | Current |
| Parbati Palei | Director | 26 Feb 2007 | 19 Years 7 Months | Current |
| Bidyadhar Palei | Director | 26 Feb 2007 | 19 Years 7 Months | Current |
| Prasanta Palei | Director | 06 Jul 2015 | 11 Years 3 Months | Current |
Auditor
Sushant Minerals Private Limited is audited by MDC & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MDC & ASSOCIATES | FY 2023 | 32291E |
Shareholding
The shareholding of Sushant Minerals 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 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Sushant Minerals Private Limited, buy the company report.
Charges & borrowings
Open charges
₹59.81 Cr
Satisfied charges
₹39.42 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Nov 2024 | 101016927 | State Bank of India | ₹10.41 Cr | Open | |
| 07 Oct 2024 | 100987552 | State Bank of India | ₹2.8 Cr | Open | |
| 12 Oct 2023 | 100812183 | State Bank of India | ₹3.5 Cr | Open | |
| 19 Jul 2023 | 100745165 | State Bank of India | ₹37.5 Cr | Open | |
| 12 Aug 2021 | 100506769 | Axis Bank Limited | ₹90 Lakh | Open |
To see the full charge records of Sushant Minerals Private Limited, buy the company report.
Total charge records: 27 View all charges
Legal cases
Sushant Minerals Private Limited has 29 court cases on record: 20 filed by Sushant Minerals, 9 filed against it. 6 cases are pending and 23 are disposed.
Total cases
29
Filed by the company
20
Filed against the company
9
Pending
6
Disposed
23
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 18 | 4 | 3 |
| District courts | 8 | 5 | 3 |
| Supreme Court | 3 | 0 | 0 |
Cases on record (5 of 29)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Khurda, Odisha | Court case (C M A) | Filed by the company against Indusind Bank Limited | Pending |
| High Court, ORISSA | Interim or miscellaneous application | Filed against the company by Indusind Bank Ltd., BBSR and 1 other | Disposed |
| District court, Khurda, Odisha | Commercial suit | Filed by the company against Indusind Bank Ltd and Others | Disposed |
| District court, Keonjhar, Odisha | Court case (1c.c.) | Filed by the company against Indusind Bank Ltd | Disposed |
| Supreme Court | Court case (3801-Matters Relating To Consumer Protection : Appeals u/s 23 of Consumer Protection Act, 1986.) | Filed by the company against M/S Indusind Bank Ltd Mr. Branch Manager St. Marys Schol Road, Barbil, Dist:Keonjhar, Odisha , District: Odisha ,Bhubaneswar , Orissa | Disposed |
To see the full case history of Sushant Minerals 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 Sushant Minerals Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Sushant Minerals Private Limited has a workforce of 73 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.
Employee count
73
Active EPFO establishments
1
Employee growth
-28.43%
GST
Sushant Minerals has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AAKCS7245Q1ZS | Odisha | Active | 01 Jul 2017 |
| 21AAKCS7245Q2ZR | Odisha | Active | 20 Aug 2024 |
To see the full GST registrations and return filing status of Sushant Minerals Private Limited, buy the company report.
Recent activity
Sushant Minerals Private Limited has 4 board changes on record since 2007: 4 appointments. The latest: Dusmanta Palei was appointed as Director on 06 Jul 2015.
Charges
A charge with State Bank Of India of Rs. 10.41 Cr registered on 30 Nov 2024 with Charge ID 101016927 was modified on 24 Jul 2025.
Charges
A charge registered on 31 Jan 2021 via Charge ID 100418012 with Tata Capital Financial Services Limited was fully satisfied on 04 Jan 2025.
Charges
A charge with State Bank Of India amounted to Rs. 10.41 Cr with Charge ID 101016927 was registered on 30 Nov 2024.
Charges
A charge with State Bank Of India amounted to Rs. 2.80 Cr with Charge ID 100987552 was registered on 07 Oct 2024.
AGM
Sushant Minerals Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Sushant Minerals Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Cuttack.
Charges
A charge with State Bank Of India amounted to Rs. 3.50 Cr with Charge ID 100812183 was registered on 12 Oct 2023.
Charges
A charge with State Bank Of India amounted to Rs. 37.50 Cr with Charge ID 100745165 was registered on 19 Jul 2023.
Charges
A charge registered on 28 Nov 2015 via Charge ID 10608247 with Tata Capital Financial Services Limited was fully satisfied on 24 May 2023.
Charges
A charge registered on 30 Apr 2015 via Charge ID 10569367 with Tata Capital Financial Services Limited was fully satisfied on 24 May 2023.
Charges
A charge registered on 31 Jan 2014 via Charge ID 10476332 with Tata Capital Financial Services Limited was fully satisfied on 24 May 2023.
Charges
A charge registered on 28 Dec 2013 via Charge ID 10469431 with Tata Capital Financial Services Limited was fully satisfied on 24 May 2023.
45 earlier events are in the company report.
Frequently asked questions
Sushant Minerals is an active private limited company based in Barbil, Odisha, India. The company works in metal manufacturing and processing, within the metals and minerals industry. It was incorporated on 26 February 2007 (19+ years old) and is registered under CIN U27102OR2007PTC009191.
Sushant Minerals has 4 current directors:
- Dusmanta Palei - Director
- Parbati Palei - Director
- Bidyadhar Palei - Director
- Prasanta Palei - Director
The latest financial statements of Sushant Minerals 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 Sushant Minerals is 21AAKCS7245Q1ZS, registered in Odisha. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 21AAKCS7245Q2ZR (Odisha).
The CIN (Corporate Identification Number) of Sushant Minerals is U27102OR2007PTC009191. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sushant Minerals has 29 court cases on record: 20 filed by the company and 9 filed against it. 6 are pending. Most are in the high courts.
Sushant Minerals was incorporated on 26 February 2007, making it 19+ years old. It is registered with the Registrar of Companies, Cuttack.
Dusmanta Palei was appointed as Director on 06 Jul 2015. Prasanta Palei was appointed as Director on 06 Jul 2015. Bidyadhar Palei was appointed as Director on 26 Feb 2007. Sushant Minerals has 4 board changes on record in total.
Yes, Sushant Minerals is registered as a medium enterprise under Udyam registration (number: UDYAM-OD-18-0003553).
Sushant Minerals can be reached through the website sushantminerals.com. Its registered office is in Barbil, Odisha, India.