- Category
- Medium (2024-25)
- Udyam number
- UDYAM-OD-01-0000114

Utkal Energy Resources Limited
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
Recognitions & Rankings of Utkal Energy Resources
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 AddressCoal Benefication Plant Kankili Village Talcher Tehsil, Odisha, India – 759100
- IndustryMetals and Minerals, Materials Retail & Distribution
To see the full contact details of Utkal Energy Resources 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
Business activity
The main business activity of Utkal Energy Resources is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale 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 availableUtkal Energy Resources Limited reported revenue of ₹109.08 Cr (up 60% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹4.55 Cr | ||||
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| Net Profit (PAT) | ₹1.41 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 | 4.2% | ||||
| Net Profit Margin | 1.3% | ||||
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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.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ankita Banerjee Also directs: Sendoz Commercials Private Limited, Satvik Enterprises Limited | Director | 05 Sep 2019 | 7 Years 1 Months | Current |
| Amit Poddar Also directs: Gunina Resources LLP, Dhanterash Vintrade LLP, Pushpa International Private Limited and 4 more | Director | 27 Jan 2024 | 2 Years 9 Months | Current |
| Rohit Poddar Also directs: Dhanterash Vintrade LLP, Shekhawati Housing Private Limited, Fairlink Marketing Private Limited and 1 more | Whole-Time Director | 05 Dec 2014 | 11 Years 10 Months | Current |
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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| 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 Cr | 1.3% | 60.0% | 69 | Talcher, 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 firm | Financial year | Firm registration number |
|---|---|---|
| Damle Dhandhania & Co. | FY 2023 | 325361E |
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 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 Utkal Energy Resources Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Dec 2022 | 100656630 | Others | ₹27.5 Cr | Open | |
| 24 Nov 2021 | 100508910 | Others | ₹37.5 Cr | Open | |
| 30 Nov 2012 | 10395173 | Tata Capital Financial Services Limited | ₹29.24 Lakh | Satisfied | |
| 30 Jun 2012 | 10364922 | Tata Capital Financial Services Limited | ₹37.17 Lakh | Satisfied | |
| 30 Jun 2012 | 10364919 | Tata Capital Financial Services Limited | ₹37.17 Lakh | Satisfied |
To see the full charge records of Utkal Energy Resources Limited, buy the company report.
Total charge records: 11 View all charges
Legal cases
No court or tribunal cases involving Utkal Energy Resources Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
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.
| Company Name | CIN | Shares held |
|---|---|---|
| Chhabra Coal Beneficiation & Energy Private Limited | U10100OR2009PTC011018 |
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.
GST
Utkal Energy Resources has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AABCU1503A1ZF | Odisha | Active | 01 Jul 2017 |
| 20AABCU1503A1ZH | Jharkhand | Active | 01 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.
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:
- Rohit Poddar - Whole-Time Director
- Ankita Banerjee - Director
- Amit Poddar - Director
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.

