Odisha Tourism Development Corporation Limited

Government-owned tourism company offering travel services and operating tourist bungalows and transport fleets in Odisha.

1979 | Khorda, Odisha (India) | Active
Last Updated: October 14, 2024

Odisha Tourism Development Corporation Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 9.62 Cr
  • Company Age 45 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 1.31 M
  • Revenue Growth 57.91%
  • Profit Growth 277.53%
  • Ebitda 125.55%
  • Net Worth 19.09%
  • Total Assets 19.90%

About Odisha Tourism Development Corporation

Odisha Tourism Development Corporation Limited (OTDCL) is a leading Public Limited State Government Company incorporated in India on 03 September 1979 and has a history of 45 years and four months. Its registered office is in Khorda, Odisha, India.

The Corporate was formerly known as Orissa Tourism Development Corpn. Ltd. The Company is engaged in the Transport And Logistics Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 10.00 Cr and a paid-up capital of Rs 9.62 Cr.

The company has closed loans amounting to ₹1.31 M, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Odisha Tourism Development Corporation Limited India is Prashant Panda as COMPANY SECRETARY. Sanjay Das, Samarth Verma, Satyabrata Rout, and Three other members serve as directors at the Company.

Company Details

  • Location

    Khorda, Odisha, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U55101OR1979SGC000839

  • Company No.

    000839

  • Company Classification

    Public Limited State Government Company

  • Incorporation Date

    03 Sep 1979

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Cuttack

Industry

Transport and Logistics

Who are the key members and board of directors at Odisha Tourism Development Corporation?

Executive Team (2)

NameDesignationAppointment DateStatus
Samarth Verma Country flag representing In Managing Director28-Sep-2024Current
Prashant Panda Company Secretary31-Mar-2020Current

Board Members (5)

NameDesignationAppointment DateStatus
Sanjay Das Country flag representing In Additional Director 16-Jul-2022Current
Satyabrata Rout Country flag representing In Nominee Director 25-Sep-2019Current
Pradip Sahoo Country flag representing In Additional Director 16-Jul-2022Current
Aryakumari Panigrahi Country flag representing In Additional Director 16-Jul-2022Current
Nihar Dash Country flag representing In Nominee Director 31-Mar-2023Current

Financial Performance of Odisha Tourism Development Corporation.

Odisha Tourism Development Corporation Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 57.91% increase. The company also saw a substantial improvement in profitability, with a 277.53% increase in profit. The company's net worth Soared by an impressive increase of 19.09%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
57.91%
Revenue from Operations
57.75%
Total Assets
19.90%
Profit or Loss
277.53%
Net Worth
19.09%
EBITDA
125.55%

What is the Ownership and Shareholding Structure of Odisha Tourism Development Corporation?

In 2023, Odisha Tourism Development Corporation had a promoter holding of 100.00%. The company had 1 Joint Venture. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹0.13 Cr

Charges Breakdown by Lending Institutions

  • Indira Bank : 0.06 Cr
  • Canara Bank : 0.04 Cr
  • Andira Bank : 0.02 Cr

Latest Charge Details

DateLenderAmountStatus
02 Mar 1993Canara Bank₹0.43 MSatisfied
17 May 1983Indira Bank₹0.63 MSatisfied
25 Apr 1983Andira Bank₹0.25 MSatisfied

How Many Employees Work at Odisha Tourism Development Corporation?

Unlock and access historical data on people associated with Odisha Tourism Development Corporation, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Odisha Tourism Development Corporation, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Odisha Tourism Development Corporation's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Odisha Tourism Development Corporation

Recent activity within the organization

  • Director Appointment

    Samarth Verma was appointed as a Managing Director was appointed as a Managing Director on 28 Sep 2024 & has been associated with this company since 4 months 4 days .

    28 Sep 2024

  • Annual General Meeting

    Odisha Tourism Development Corporation Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Odisha Tourism Development Corporation Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Cuttack.

    31 Mar 2023

  • Director Appointment

    Sanjay Kumar Das was appointed as a Additional Director was appointed as a Additional Director on 16 Jul 2022 & has been associated with this company since 2 years 6 months .

    16 Jul 2022

  • Director Appointment

    Pradip Kumar Sahoo was appointed as a Additional Director was appointed as a Additional Director on 16 Jul 2022 & has been associated with this company since 2 years 6 months .

    16 Jul 2022

  • Director Appointment

    Aryakumari Panigrahi was appointed as a Additional Director was appointed as a Additional Director on 16 Jul 2022 & has been associated with this company since 2 years 6 months .

    16 Jul 2022

Frequently asked questions

  • Odisha Tourism Development Corporation Limited was incorporated on 03 Sep 1979.

  • The authorized share capital of Odisha Tourism Development Corporation Limited is ₹ 10.00 Cr and paid-up capital is ₹ 9.62 Cr.

  • Currently 7 directors are associated with Odisha Tourism Development Corporation Limited.

    • Sanjay Kumar Das
    • Samarth Verma
    • Satyabrata Rout
    • Pradip Kumar Sahoo
    • Aryakumari Panigrahi
    • Nihar Ranjan Dash
    • Prashant Panda
  • As per Ministry of Corporate Affairs (Mca), the registered address of Odisha Tourism Development Corporation Limited is Pantha Niwas, Old Block Lewis Road, Bhubaneswar, Orissa, India, 751014.

  • The corporate identification number (CIN) of Odisha Tourism Development Corporation Limited is U55101OR1979SGC000839 and the company number is 000839 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Odisha Tourism Development Corporation Limited is https://www.panthanivas.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Odisha Tourism Development Corporation Limited has risen by 57.91%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Odisha Tourism Development Corporation Limited has experienced an upsurge of 19.09%.

  • The most recent Balance Sheet for Odisha Tourism Development Corporation Limited was filed with the ROC on 31 Mar 2023.

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