MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-OD-19-0009574
Utkal Projects Private Limited
Utkal Projects Private Limited - business outsourcing in Bhubaneswar, Odisha, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹56.44 Cr
▲ 105% YoY
Net profit · FY 2025
₹1.04 Cr
Net margin 1.9%
EBITDA · FY 2025
₹2.64 Cr
EBITDA margin 4.7%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹9.95 Lakh
Issued & subscribed
Open charges
₹6.3 Cr
Satisfied ₹63.36 Lakh
Company age
17 yrs
Est. 2009
Employees · EPFO
989
Provident fund records
About Utkal Projects Private Limited
Data last updated:
Utkal Projects Private Limited is a private limited company based in Bhubaneswar, Odisha, India. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 11 August 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U45202OR2009PTC011033. Its GSTIN is 21AABCU1021D1ZC (Odisha). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹9.95 Lakh. It is led by directors including Manmohan Samal (Managing Director) and Manas Kumar Samal.
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 Flat No – 102/B Supratik Exotica Gangapatna Paikraypur Road Gothapatna, Bhubaneswar, Odisha, India – 752054.
As per the financials filed for FY 2025, the company reported a revenue of ₹56.44 Cr, a growth of 105% compared to the previous year. For the same year it recorded a net profit of ₹1.04 Cr (net margin 1.9%) and EBITDA of ₹2.64 Cr (EBITDA margin 4.7%). Revenue has grown at a compounded annual rate (CAGR) of 49% over three years and 26% over five years.
The company has about 989 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹6.3 Cr and satisfied charges of ₹63.36 Lakh on record. Court records list 8 cases involving the company, including 6 filed by the company and 2 filed against it; 3 cases are pending.
Utkal Projects Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-OD-19-0009574). The current compliance status is marked as compliant by the Registrar of Companies.
Company Details of Utkal Projects Private Limited
CIN U45202OR2009PTC011033
Registration Number 011033
Incorporation Date 11 August 2009
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 Small
Udyam Registration UDYAM-OD-19-0009574
Recognitions & Rankings of Utkal Projects
Contact Details
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressFlat No – 102/B Supratik Exotica Gangapatna Paikraypur Road Gothapatna, Bhubaneswar, Odisha, India – 752054
- IndustryBusiness Outsourcing, HR Outsourcing & Talent Management
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Business Activity of Utkal Projects Private Limited
The main business activity of Utkal Projects is support service to organizations. In detail, this covers other support services to organizations.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
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Financials of Utkal Projects Private Limited FY 2024 filings available
Utkal Projects Private Limited reported revenue of ₹56.44 Cr (up 105% YoY) for FY 2025.
Revenue · FY 2025
₹56.44 Cr ▲ 105%
Net profit · FY 2025
₹1.04 Cr margin 1.9%
EBITDA · FY 2025
₹2.64 Cr margin 4.7%
Compounded Annual Growth Rate (CAGR) of Utkal Projects Private Limited
Revenue CAGR growth
1 year
▲ 105%
3 years · compounded
▲ 49%
5 years · compounded
▲ 26%
EBITDA CAGR growth
1 year
▲ 65%
3 years · compounded
▲ 44%
5 years · compounded
▲ 28%
Revenue has grown at a compounded annual rate (CAGR) of 26% over five years, including 105% growth in the latest year. EBITDA rose 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 of Utkal Projects 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 | ₹2.64 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.04 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 of Utkal Projects Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.9% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Utkal Projects are in the company report.
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Financial statements from 2015
Earlier years and trend charts are in the company report.
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Board of Directors of Utkal Projects Private Limited
Utkal Projects has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manmohan Samal | Managing Director | 11 Aug 2009 | 17 Years 2 Months | Current |
| Manas Kumar Samal | Director | 11 Aug 2009 | 17 Years 2 Months | Current |
| Manorama Samal | Director | 15 Mar 2012 | 14 Years 7 Months | Current |
Peer Comparison of Utkal Projects Private Limited
Utkal Projects Private Limited is compared with the companies closest to it by revenue in the Engineering industry (Maintenance Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Feedback Highways Omt Private Limited | ₹59.74 Cr (FY 2025) | •••• | •••• | -68.0% | •••• | Haryana, India |
| Shivalik Hydro Private Limited | ₹59.52 Cr (FY 2025) | •••• | •••• | -8.0% | •••• | Punjab, India |
| Arise Hvac Solutions Private Limited | ₹58.13 Cr (FY 2025) | •••• | •••• | -23.0% | •••• | Ahmedabad, Gujarat, India |
| As Cooling Technologies India Private Limited | ₹57.52 Cr (FY 2025) | •••• | •••• | 155.0% | •••• | New Delhi, Delhi, India |
| Roofs and Ceilings (India) Private Limited | ₹56.83 Cr (FY 2023) | •••• | •••• | -13.0% | •••• | Mumbai, Maharashtra, India |
| Utkal Projects Private Limited this company | ₹56.44 Cr (FY 2025) | •••• | •••• | 105.0% | •••• | Bhubaneswar, Odisha, India |
| Hela Systems Private Limited | ₹55.94 Cr (FY 2021) | •••• | •••• | 353.0% | •••• | Maheswaram, Telangana, India |
| Apc Engineers & Consultants Private Limited | ₹55.86 Cr (FY 2025) | •••• | •••• | -19.0% | •••• | Gurgaon, Haryana, India |
| Mindwave Systems Private Limited | ₹55.62 Cr (FY 2025) | •••• | •••• | 28.0% | •••• | Mumbai, Maharashtra, India |
| Assam Smart Metering Private Limited | ₹55.34 Cr (FY 2025) | •••• | •••• | 173928.0% | •••• | Gurgaon, Haryana, India |
| Param Renewable Energy Private Limited | ₹54.46 Cr (FY 2023) | •••• | •••• | 10.0% | •••• | Ahmedabad, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Utkal Projects by revenue in the Engineering industry (Maintenance Services), 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 Utkal Projects Private Limited
Utkal Projects Private Limited is audited by S. MOHANTY & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S. MOHANTY & ASSOCIATES | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Utkal Projects Private Limited
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
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Charges & Borrowings of Utkal Projects Private Limited
Open charges
₹6.3 Cr
Satisfied charges
₹63.36 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 08 Sep 2025 | Others | ₹18 Lakh | Open |
| 17 Apr 2015 | Others | ₹5.99 Cr | Open |
| 17 Apr 2013 | Allahabad Bank | ₹5.25 Lakh | Open |
| 16 Jan 2012 | Allahbad Bank | ₹7.5 Lakh | Open |
| 08 Jul 2022 | Others | ₹19.47 Lakh | Satisfied |
Total charge records: 11 View all charges
Legal Cases of Utkal Projects Private Limited
Utkal Projects Private Limited has 8 court cases on record: 6 filed by Utkal Projects, 2 filed against it. 3 cases are pending and 5 are disposed. Status as checked between 21 Sep 2026 and 03 Oct 2026.
Total cases
8
Filed by the company
6
Filed against the company
2
Pending
3
Disposed
5
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 6 | 0 | 2 |
| District courts | 2 | 2 | 1 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Orissa | Writ petition | Filed by the company against Employees State Insurance Corporation, Esic, Bhubaneswar | Pending |
| High Court of Orissa | Writ petition | Filed by the company against Additional Commissioner, GST and Central Excise, BBSR Commissionerate, BBSR | Pending |
| District court, Sundargarh, Odisha | Court case (2(c)cc) | Filed against the company by Union of India | Pending |
| High Court of Orissa | Writ petition | Filed by the company against Addl. Commnr.,Gst and Central Excise,Bbsr | Disposed |
| High Court of Orissa | Writ petition | Filed by the company against an individual | Disposed |
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Full case history
All 8 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
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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 Utkal Projects Private Limited
Utkal Projects Private Limited has a workforce of 989 employees as of Mar 30, 2024.
Employee count
989
Active EPFO establishments
2
Employee growth
29.45%
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Utkal Projects Private Limited
Utkal Projects Private Limited has 3 board changes on record since 2009: 3 appointments. The latest: Manorama Samal was appointed as Director on 15 Mar 2012.
Charges
A charge with Others amounted to Rs. 18.00 Lakh with Charge ID 101161777 was registered on 08 Sep 2025.
Charges
A charge registered on 08 Jul 2022 via Charge ID 100597129 with Others was fully satisfied on 05 Jul 2025.
Charges
A charge registered on 03 Jun 2020 via Charge ID 100366102 with Others was fully satisfied on 10 Apr 2025.
Charges
A charge with Others of Rs. 599.43 Lakh registered on 17 Apr 2015 with Charge ID 10571083 was modified on 06 Mar 2025.
AGM
Utkal Projects Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Utkal Projects Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Cuttack.
Charges
A charge registered on 11 Sep 2017 via Charge ID 100155889 with Others was fully satisfied on 18 Mar 2023.
Charges
A charge with Others amounted to Rs. 19.47 Lakh with Charge ID 100597129 was registered on 08 Jul 2022.
Charges
A charge registered on 28 Dec 2016 via Charge ID 100097542 with Others was fully satisfied on 01 Feb 2022.
Charges
A charge registered on 19 May 2016 via Charge ID 100032667 with Others was fully satisfied on 01 Feb 2022.
Charges
A charge registered on 29 Mar 2018 via Charge ID 100183955 with Others was fully satisfied on 13 Jan 2022.
Charges
A charge with Others amounted to Rs. 18.80 Lakh with Charge ID 100366102 was registered on 03 Jun 2020.
13 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Utkal Projects Private Limited
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Credit ratings, litigation, and regulatory alerts
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MSME Payment Delays by Utkal Projects Private Limited
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MSME payment history
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Subsidiaries & Group Companies of Utkal Projects Private Limited
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Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
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GST Compliance of Utkal Projects Private Limited
Utkal Projects has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AABCU1021D1ZC | Odisha | Active | 01 Jul 2017 |
| 37AABCU1021D1ZZ | Andhra Pradesh | Active | 06 Feb 2024 |
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GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
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MCA Filings & Documents of Utkal Projects Private Limited
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MCA filings and documents
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Frequently Asked Questions about Utkal Projects Private Limited
Utkal Projects is an active private limited company based in Bhubaneswar, Odisha, India. The company works in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 11 August 2009 (17+ years old) and is registered under CIN U45202OR2009PTC011033.
Utkal Projects reported revenue of ₹56.44 Cr for FY 2025 (up 105% YoY).
Utkal Projects has 3 current directors:
- Manmohan Samal - Managing Director
- Manas Kumar Samal - Director
- Manorama Samal - Director
Utkal Projects reported a net profit of ₹1.04 Cr (net margin 1.9%) and EBITDA of ₹2.64 Cr (EBITDA margin 4.7%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Utkal Projects is 49% over three years and 26% over five years. In the latest year (FY 2025) revenue rose 105%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Utkal Projects is 21AABCU1021D1ZC, registered in Odisha. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 37AABCU1021D1ZZ (Andhra Pradesh).
The CIN (Corporate Identification Number) of Utkal Projects is U45202OR2009PTC011033. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Utkal Projects has 8 court cases on record: 6 filed by the company and 2 filed against it. 3 are pending. Most are in the high courts.
Utkal Projects was incorporated on 11 August 2009, making it 17+ years old. It is registered with the Registrar of Companies, Cuttack.
The peers of Utkal Projects by revenue are Feedback Highways Omt Private Limited, Shivalik Hydro Private Limited, Arise Hvac Solutions Private Limited, As Cooling Technologies India Private Limited, Roofs and Ceilings (India) Private Limited and 5 more, all in the Engineering industry (Maintenance Services).
Manorama Samal was appointed as Director on 15 Mar 2012. Manas Kumar Samal was appointed as Director on 11 Aug 2009. Manmohan Samal was appointed as Managing Director on 11 Aug 2009.