Utkal Energy Resources Limited

Utkal Energy Resources Limited - metals and minerals in Talcher, Odisha, India. FY 2026 financials & compliance.
CIN U40109OR2010PLC011649 Incorporated 23 February 2010 ROC Cuttack HQ Talcher, Odisha, India
Active Public Limited Company metals and minerals MSME · Medium
Data last updated
Revenue · FY 2025
₹109.08 Cr
▲ 60% YoY
Net profit · FY 2025
₹1.41 Cr
Net margin 1.3%
EBITDA · FY 2025
₹4.55 Cr
EBITDA margin 4.2%
Authorised capital
₹4.5 Cr
Registered with MCA
Paid-up capital
₹4.36 Cr
Issued & subscribed
Open charges
₹65 Cr
Satisfied ₹8.76 Cr
Company age
16 yrs
Est. 2010
Employees · EPFO
69
Provident fund records

About Utkal Energy Resources Limited

Data last updated:

Utkal Energy Resources Limited is a public limited company based in Talcher, Odisha, India. It operates in the materials retail and distribution segment of the metals and mining sector. It was incorporated on 23 February 2010 and has been in existence for over 16 years.

The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U40109OR2010PLC011649. Its GSTIN is 21AABCU1503A1ZF (Odisha). The company holds 2 GST registrations, all of them active.

The company has an authorised share capital of ₹4.5 Cr and a paid-up capital of ₹4.36 Cr. It is led by directors including Rohit Poddar (Whole-Time Director) and Ankita Banerjee.

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 Coal Benefication Plant Kankili Village Talcher Tehsil, Odisha, India – 759100.

As per the financials filed for FY 2025, the company reported a revenue of ₹109.08 Cr, a growth of 60% compared to the previous year. For the same year it recorded a net profit of ₹1.41 Cr (net margin 1.3%) and EBITDA of ₹4.55 Cr (EBITDA margin 4.2%). Revenue has grown at a compounded annual rate (CAGR) of 14% over three years and 16% over five years.

The company has about 69 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.

As per MCA filings, the company has open charges of ₹65 Cr and satisfied charges of ₹8.76 Cr on record.

Utkal Energy Resources Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-OD-01-0000114). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U40109OR2010PLC011649
Registration Number 011649
Incorporation Date 23 February 2010
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-01-0000114

Recognitions & Rankings of Utkal Energy Resources

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-OD-01-0000114

Contact details

Utkal Energy Resources Limited's registered office is in Talcher, Odisha. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Coal Benefication Plant Kankili Village Talcher Tehsil, Odisha, India – 759100
  • Industry
    Metals and Minerals, Materials Retail & Distribution

To see the full contact details of Utkal Energy Resources Limited, buy the company report.

Comprehensive company report
Utkal Energy Resources 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 Utkal Energy Resources is trade. In detail, this covers wholesale trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG1Wholesale Trading

To see the full business activity and turnover split of Utkal Energy Resources Limited, buy the company report.

Financials of Utkal Energy Resources Limited

FY 2024 filings available

Utkal Energy Resources Limited reported revenue of ₹109.08 Cr (up 60% YoY) for FY 2025.

Revenue · FY 2025
₹109.08 Cr ▲ 60%
Net profit · FY 2025
₹1.41 Cr margin 1.3%
EBITDA · FY 2025
₹4.55 Cr margin 4.2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 60%
3 years · compounded
▲ 14%
5 years · compounded
▲ 16%
EBITDA CAGR growth
1 year
▼ 44%
3 years · compounded
▼ 12%

Revenue has grown at a compounded annual rate (CAGR) of 16% over five years, including 60% growth in the latest year. EBITDA fell 44% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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₹4.55 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹1.41 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin4.2%
Net Profit Margin1.3%
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 Utkal Energy Resources Limited, buy the company report.

Board of directors of Utkal Energy Resources Limited

Utkal Energy Resources has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Ankita BanerjeeDirector05 Sep 20197 Years 1 MonthsCurrent
Amit PoddarDirector27 Jan 20242 Years 9 MonthsCurrent
Rohit PoddarWhole-Time Director05 Dec 201411 Years 10 MonthsCurrent

Peer comparison

Utkal Energy Resources Limited is compared with the 4 companies closest to it by revenue in the Metals and Minerals industry (Other Minerals), with the same principal business activity (wholesale trading), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Earth Minerals Company Limited₹109.2 Cr (FY 2025)-6.0%Bilaspur, Chhattisgarh, India
Utkal Energy Resources Limitedthis company₹109.08 Cr (FY 2025)₹1.41 Cr1.3%60.0%69Talcher, Odisha, India
Tankeshwari Metal Powder Products Private Limited₹108.79 Cr (FY 2025)15.0%Kolkata, West Bengal, India
Minecraft Minerals Private Limited₹107.02 Cr (FY 2025)-8.0%Bhilwara, Rajasthan, India
Elite Carbon Creations Private Limited₹106.5 Cr (FY 2025)6.0%Pollachi, Tamil Nadu, India

To see the full peer comparison of Utkal Energy Resources Limited, buy the company report.

Auditor

Utkal Energy Resources Limited is audited by Damle Dhandhania & Co. for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Damle Dhandhania & Co.FY 2023325361E

Shareholding

The shareholding of Utkal Energy Resources 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Utkal Energy Resources Limited, buy the company report.

Charges & borrowings

Open charges
₹65 Cr
Satisfied charges
₹8.76 Cr
Breakdown by lending institutions
Others₹65.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
22 Dec 2022100656630Others₹27.5 CrOpen
24 Nov 2021100508910Others₹37.5 CrOpen
30 Nov 201210395173Tata Capital Financial Services Limited₹29.24 LakhSatisfied
30 Jun 201210364922Tata Capital Financial Services Limited₹37.17 LakhSatisfied
30 Jun 201210364919Tata Capital Financial Services Limited₹37.17 LakhSatisfied

To see the full charge records of Utkal Energy Resources Limited, buy the company report.

Total charge records: 11 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Utkal Energy Resources Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Group structure & subsidiaries

Utkal Energy Resources has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.

1
Subsidiary companies
Key subsidiaries
Company NameCINShares held
Chhabra Coal Beneficiation & Energy Private LimitedU10100OR2009PTC011018

To see the full group structure of Utkal Energy Resources Limited, buy the company report.

Employees & EPFO

Utkal Energy Resources Limited has a workforce of 69 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.

Employee count
69
Active EPFO establishments
1

GST

Utkal Energy Resources has 2 GST registrations: 2 active.

Total GSTINs
2
Active
2
GSTINStateStatusRegistered on
21AABCU1503A1ZFOdishaActive01 Jul 2017
20AABCU1503A1ZHJharkhandActive01 Jul 2017

To see the full GST registrations and return filing status of Utkal Energy Resources Limited, buy the company report.

Recent activity

Utkal Energy Resources Limited has 11 board changes on record since 2014: 3 appointments and 8 cessations. The latest: Manoj Kumar Agrawalla ceased to be Director on 02 Feb 2024.

AGM
Utkal Energy Resources Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Others of Rs. 37.50 Cr registered on 24 Nov 2021 with Charge ID 100508910 was modified on 25 Sep 2024.
Charges
A charge registered on 12 Oct 2010 via Charge ID 10249806 with State Bank Of India was fully satisfied on 26 Jun 2024.
Filing
Utkal Energy Resources Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Cuttack.
Ceased
Manoj Kumar Agrawalla ceased to be Director.
Appointed
Amit Poddar was appointed as Director.
Charges
A charge with Others amounted to Rs. 27.50 Cr with Charge ID 100656630 was registered on 22 Dec 2022.
Charges
A charge with Others amounted to Rs. 37.50 Cr with Charge ID 100508910 was registered on 24 Nov 2021.
Charges
A charge with State Bank Of India of Rs. 6.40 Cr registered on 12 Oct 2010 with Charge ID 10249806 was modified on 24 Jun 2020.
Appointed
Ankita Banerjee was appointed as Director.
Ceased
Anurag Poddar ceased to be Director.
Ceased
Siddharth Poddar ceased to be Director.

24 earlier events are in the company report.

Frequently asked questions

Utkal Energy Resources is an active public limited company based in Talcher, Odisha, India. The company works in materials retail and distribution, within the metals and minerals industry. It was incorporated on 23 February 2010 (16+ years old) and is registered under CIN U40109OR2010PLC011649.

Utkal Energy Resources has 3 current directors:

The latest financial statements of Utkal Energy Resources 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 Utkal Energy Resources is 21AABCU1503A1ZF, registered in Odisha. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 20AABCU1503A1ZH (Jharkhand).

The CIN (Corporate Identification Number) of Utkal Energy Resources is U40109OR2010PLC011649. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Utkal Energy Resources was incorporated on 23 February 2010, making it 16+ years old. It is registered with the Registrar of Companies, Cuttack.

The peers of Utkal Energy Resources by revenue are Earth Minerals Company Limited, Tankeshwari Metal Powder Products Private Limited, Minecraft Minerals Private Limited, Elite Carbon Creations Private Limited, all in the Metals and Minerals industry (Other Minerals), with the same principal business activity (wholesale trading).

Manoj Kumar Agrawalla ceased to be Director on 02 Feb 2024. Amit Poddar was appointed as Director on 27 Jan 2024. Ankita Banerjee was appointed as Director on 05 Sep 2019. Utkal Energy Resources has 11 board changes on record in total.

Yes, Utkal Energy Resources is registered as a medium enterprise under Udyam registration (number: UDYAM-OD-01-0000114).

The registered office of Utkal Energy Resources is at Coal Benefication Plant Kankili Village Talcher Tehsil, Odisha, India – 759100.

Utkal Energy Resources operates in the metals and minerals industry, in the materials retail and distribution segment.