About Tuff Tubes (Orissa) Private Limited
Data last updated:
Tuff Tubes (Orissa) Private Limited is a private limited company based in Khordha, Odisha, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the pipe and tubes segment of the manufacturing sector. It was incorporated on 27 January 2009.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U25209OR2009PTC010575.
The company has an authorised share capital of ₹7 Cr and a paid-up capital of ₹5.99 Cr. It is led by directors Abhijit Bhaduri (Managing Director) and Sushil Chandra Saraswat.
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 Bagheiput P.O./P.S. – Jankia Khordha, Odisha, India – 752020.
As per the financials filed for FY 2018, the company reported a revenue of ₹59.13 Lakh, a decline of 60% compared to the previous year. For the same year it recorded a net loss of ₹1.23 Cr (net margin -207.9%) and EBITDA of -₹80.25 Lakh (EBITDA margin -135.7%). Revenue has declined at a compounded annual rate (CAGR) of 52% over three years.
The company has about 18 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹18.42 Cr on record. Court records list 6 cases involving the company, including 5 filed by the company and 1 filed against it; 4 cases are pending.
The last known website on record is tufftubes.com.
Company details
Contact details
Tuff Tubes (Orissa) Private Limited's registered office is in Khordha, Odisha. Its website is tufftubes.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressBagheiput P.O./P.S. – Jankia Khordha, Odisha, India – 752020
- IndustryManufacturing, Pipe & Tubes
To see the full contact details of Tuff Tubes (Orissa) 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
Financials of Tuff Tubes (Orissa) Private Limited
FY 2024 filings availableTuff Tubes (Orissa) Private Limited reported revenue of ₹59.13 Lakh (down 60% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 52% over three years, including a 60% fall 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹59.13 Lakh | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹80.25 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹1.23 Cr | |||
| 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
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -135.7% | |||
| Net Profit Margin | -207.9% | |||
| 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 | ||||
To see the full financial statements and ratios of Tuff Tubes (Orissa) Private Limited, buy the company report.
Board of directors of Tuff Tubes (Orissa) Private Limited
Tuff Tubes (Orissa) has 2 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sushil Chandra Saraswat | Additional Director | 28 Jan 2019 | 7 Years 9 Months | As last reported |
| Abhijit Bhaduri Also directs: Haiku Ebi Pvt.Ltd., Aveek Neer India Private Limited | Managing Director | 10 Jun 2014 | 12 Years 4 Months | As last reported |
Auditor
Tuff Tubes (Orissa) Private Limited is audited by K SWAIN & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K SWAIN & CO | FY 2018 | 323847E |
Shareholding
The shareholding of Tuff Tubes (Orissa) Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Tuff Tubes (Orissa) Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 May 2012 | 10358352 | Bank of India | ₹9.21 Cr | Satisfied | |
| 16 Apr 2012 | 10358350 | Bank of India | ₹9.21 Cr | Satisfied |
To see the full charge records of Tuff Tubes (Orissa) Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Tuff Tubes (Orissa) Private Limited has 6 court cases on record: 5 filed by Tuff Tubes (Orissa), 1 filed against it. 4 cases are pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 1 | 4 |
| High courts | 2 | 0 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Khurda, Odisha | Court case (I . c. c) | Filed by the company against an individual | Pending |
| District court, Khurda, Odisha | Court case (I . c. c) | Filed by the company against an individual | Pending |
| District court, Khurda, Odisha | Court case (I . c. c) | Filed by the company against an individual | Pending |
| District court, Puri, Orissa | Court case (M.a.c.t Case) | Filed against the company by an individual | Pending |
| High Court | Writ petition | Filed by the company against The Dy Commissioner of Income Tax | Disposed |
To see the full case history of Tuff Tubes (Orissa) 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 Tuff Tubes (Orissa) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Tuff Tubes (Orissa) Private Limited has a workforce of 18 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
No GST registration is on our record for Tuff Tubes (Orissa) Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Tuff Tubes (Orissa) Private Limited has 11 board changes on record since 2011: 2 appointments and 9 cessations. The latest: Bal Mukund Prince ceased to be Director on 26 Oct 2021.
8 earlier events are in the company report.
Frequently asked questions
Tuff Tubes (Orissa) is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Tuff Tubes (Orissa) is a company under insolvency, formerly operating as a private limited company based in Khordha, Odisha, India. The company works in pipe and tubes, within the manufacturing industry. It was incorporated on 27 January 2009 and is registered under CIN U25209OR2009PTC010575. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Tuff Tubes (Orissa) has 2 current directors:
- Abhijit Bhaduri - Managing Director
- Sushil Chandra Saraswat - Additional Director
The latest financial statements of Tuff Tubes (Orissa) 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 CIN (Corporate Identification Number) of Tuff Tubes (Orissa) is U25209OR2009PTC010575. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Tuff Tubes (Orissa) has no open charges and satisfied charges of ₹18.42 Cr as per latest MCA filings.
Tuff Tubes (Orissa) has 6 court cases on record: 5 filed by the company and 1 filed against it. 4 are pending. Most are in the district courts.
Tuff Tubes (Orissa) was incorporated on 27 January 2009. It is registered with the Registrar of Companies, Cuttack.
Bal Mukund Prince ceased to be Director on 26 Oct 2021. Saket Agarwal ceased to be Director on 26 Oct 2021. Sudhansu Sekhar Pradhan ceased to be Additional Director on 28 Jan 2019. Tuff Tubes (Orissa) has 11 board changes on record in total.
Tuff Tubes (Orissa) can be reached through the website tufftubes.com. Its registered office is in Khordha, Odisha, India.
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