Torque Minerals Private Limited
About Torque Minerals Private Limited
Data last updated:
Torque Minerals Private Limited is a private limited company based in Bhubaneswar, Odisha, India. It operates in the materials retail and distribution segment of the metals and mining sector. It was incorporated on 09 March 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U13100OR2017PTC026696. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.31 Cr. It is led by directors Sitesh Kumar Pradhan and Manoj Kumar Pradhan.
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 1111 11th Floor DLF Cybercity Patia, Bhubaneswar, Odisha, India – 751003.
As per the financials filed for FY 2025, the company reported a revenue of ₹37.18 Cr, a growth of 37% compared to the previous year. For the same year it recorded a net profit of ₹73.95 Lakh (net margin 2%) and EBITDA of ₹1.91 Cr (EBITDA margin 5.2%). Revenue has grown at a compounded annual rate (CAGR) of 38% over three years and 2% over five years.
As per MCA filings, the company has open charges of ₹6.57 Cr and satisfied charges of ₹5 Cr on record. Court records list 6 cases involving the company, including 1 filed by the company and 2 filed against it; 3 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address1111 11th Floor DLF Cybercity Patia, Bhubaneswar, Odisha, India – 751003
- IndustryMetals and Minerals, Materials Retail & Distribution
- 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 Torque Minerals Private Limited
The main business activity of Torque Minerals is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | 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 Torque Minerals Private Limited FY 2025 filings available
Torque Minerals Private Limited reported revenue of ₹37.18 Cr (up 37% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Torque Minerals Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 2% over five years, including 37% growth in the latest year. EBITDA fell 6% 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 Torque Minerals 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 | ₹1.91 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹73.95 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 Torque Minerals Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2% | •••• | •••• | •••• | •••• |
| 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 Torque Minerals are in the company report.
Financial statements from FY 2017
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.
Peer Comparison of Torque Minerals Private Limited
Torque Minerals Private Limited is compared with the companies closest to it by revenue in the Metals and Minerals industry (Materials Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shree Bansi Metal and Alloys Private Limited | ₹38.2 Cr (FY 2023) | •••• | •••• | -8.0% | •••• | Ahmedabad, Gujarat, India |
| Srinivasa Garment Private Limited | ₹37.69 Cr (FY 2023) | •••• | •••• | -38.0% | •••• | Coimbatore, Tamil Nadu, India |
| Mahavir Benefication Private Limited | ₹37.48 Cr (FY 2017) | •••• | •••• | -64.0% | •••• | New Delhi, Delhi, India |
| Altogether Trading Private Limited | ₹37.4 Cr (FY 2018) | •••• | •••• | •••• | Mumbai, Maharashtra, India | |
| SB Trade in Private Limited | ₹37.35 Cr (FY 2024) | •••• | •••• | 18.0% | •••• | New Delhi, Delhi, India |
| Torque Minerals Private Limited this company | ₹37.18 Cr (FY 2025) | •••• | •••• | 37.0% | •••• | Bhubaneswar, Odisha, India |
| Harsh Commodities Private Limited | ₹37.15 Cr (FY 2025) | •••• | •••• | -49.0% | •••• | Gandhidham, Gujarat, India |
| Shakumbhri Craft & Tissue Private Limited | ₹37.07 Cr (FY 2024) | •••• | •••• | -33.0% | •••• | Delhi, India |
| Matrix Commercial Private Limited | ₹36.63 Cr (FY 2025) | •••• | •••• | -6.0% | •••• | Kolkata, West Bengal, India |
| Setu Papers Private Limited | ₹36.39 Cr (FY 2025) | •••• | •••• | 191.0% | •••• | Pardi, Gujarat, India |
| Vibhu Coal Private Limited | ₹36.34 Cr (FY 2025) | •••• | •••• | 89.0% | •••• | Chandrapur, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Torque Minerals by revenue in the Metals and Minerals industry (Materials Retail and Distribution), 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 Torque Minerals Private Limited
Torque Minerals Private Limited is audited by SRIKANTA & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SRIKANTA & ASSOCIATES | 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.
Board of Directors of Torque Minerals Private Limited
Torque Minerals has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sitesh Kumar Pradhan Also directs: Gleancore Minerals Private Limited, Opal Mining Private Limited | Director | 15 Jul 2019 | 7 Years 2 Months | Current |
| Manoj Kumar Pradhan | Additional Director | 23 Dec 2024 | 1 Years 9 Months | Current |
Ownership and Shareholding of Torque Minerals 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 Torque Minerals Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Sep 2022 | Others | ₹6 Cr | Open |
| 19 May 2022 | Others | ₹57 Lakh | Open |
| 24 May 2022 | Axis Bank Limited | ₹5 Cr | Satisfied |
Total charge records: 3 View all charges
Legal Cases of Torque Minerals Private Limited
Torque Minerals Private Limited has 6 court cases on record: 1 filed by Torque Minerals, 2 filed against it, 3 where it is another party. 3 cases are pending and 3 are disposed. Status as checked between 29 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 1 | 2 |
| High courts | 2 | 1 | 1 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Orissa | Writ petition | Filed by the company against an individual | Pending |
| District court, East Singhbhum at Jamshedpur, Jharkhand | Criminal complaint | Filed against the company by Cosmos Mercantile (P)Ltd | Pending |
| District court, East Singhbhum at Jamshedpur, Jharkhand | Criminal complaint | Company is another party | Pending |
| High Court of Orissa | Court case (CRLMC) | Filed against the company by Indian Marble Company, Sundargarh | Disposed |
| District court, Indore, Madhya Pradesh | Court case (UN CR) | Company is another party | Disposed |
Full case history
All 6 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Torque Minerals Private Limited
Employment history and EPFO contributions of people linked to Torque Minerals.
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 Torque Minerals Private Limited
Torque Minerals Private Limited has 8 board changes on record since 2017: 5 appointments and 3 cessations. The latest: Kiran Jena ceased to be Director on 23 Dec 2024.
3 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Torque Minerals 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 Torque Minerals 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 Torque Minerals 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 Torque Minerals Private Limited
Torque Minerals has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
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 Torque Minerals 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 Torque Minerals Private Limited
Torque Minerals is an active private limited company based in Bhubaneswar, Odisha, India. The company works in materials retail and distribution, within the metals and minerals industry. It was incorporated on 09 March 2017 (9+ years old) and is registered under CIN U13100OR2017PTC026696.
Torque Minerals reported revenue of ₹37.18 Cr for FY 2025 (up 37% YoY).
Torque Minerals has 2 current directors:
- Sitesh Kumar Pradhan - Director
- Manoj Kumar Pradhan - Additional Director
Torque Minerals reported a net profit of ₹73.95 Lakh (net margin 2%) and EBITDA of ₹1.91 Cr (EBITDA margin 5.2%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Torque Minerals is -38% over three years and 2% over five years. In the latest year (FY 2025) revenue rose 37%. CAGR is the steady yearly rate that links the first and the last year.
No. Torque Minerals has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Torque Minerals is U13100OR2017PTC026696. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Torque Minerals has 6 court cases on record: 1 filed by the company and 2 filed against it. 3 are pending. Most are in the district courts.
Torque Minerals was incorporated on 09 March 2017, making it 9+ years old. It is registered with the Registrar of Companies, Cuttack.
The peers of Torque Minerals by revenue are Shree Bansi Metal and Alloys Private Limited, Srinivasa Garment Private Limited, Mahavir Benefication Private Limited, Altogether Trading Private Limited, SB Trade in Private Limited and 5 more, all in the Metals and Minerals industry (Materials Retail and Distribution).
Kiran Jena ceased to be Director on 23 Dec 2024. Manoj Kumar Pradhan was appointed as Additional Director on 23 Dec 2024. Nitesh Pradhan ceased to be Director on 20 Feb 2024. Torque Minerals has 8 board changes on record in total.