Kartar Bus Service Ltd
About Kartar Bus Service Ltd
Data last updated:
Kartar Bus Service Ltd is a public limited company based in Jalandhar, Punjab, India. It operates in the land transportation segment of the transportation sector. It was incorporated on 26 November 1943 and has been in existence for over 83 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U60221PB1943PLC000615. Its GSTIN is 03AACCK1452H1Z0 (Punjab).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹14.76 Lakh. It is led by directors including Harinder Kaur (Managing Director) and Avtar Junior Singh.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 169 Old Railway Road Jalandhar, Punjab, India – 144001.
As per the financials filed for FY 2024, the company reported a revenue of ₹15.45 Cr, a decline of 1% compared to the previous year. For the same year it recorded a net loss of ₹41.56 Lakh (net margin -2.7%) and EBITDA of -₹2.83 Lakh (EBITDA margin -0.2%). Revenue has declined at a compounded annual rate (CAGR) of 23% over three years and 6% over five years.
The company has about 84 employees on its provident fund (EPFO) records.
Court records list 64 cases involving the company, including 16 filed by the company and 48 filed against it; 7 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Kartar Bus Service has one previous CIN (Corporate Identification Number): L60221PB1943PLC000615. The current CIN is U60221PB1943PLC000615, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U60221PB1943PLC000615 | Current |
| L60221PB1943PLC000615 | Previous |
Contact details
Kartar Bus Service Ltd's registered office is in Jalandhar, Punjab. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address169 Old Railway Road Jalandhar, Punjab, India – 144001
- IndustryTransportation, Land Transportation
To see the full contact details of Kartar Bus Service Ltd, 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 Kartar Bus Service is transport and storage. In detail, this covers land transport via road.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transport and storage | H1 | Land Transport via Road |
To see the full business activity and turnover split of Kartar Bus Service Ltd, buy the company report.
Financials of Kartar Bus Service Ltd
FY 2025 filings availableKartar Bus Service Ltd reported revenue of ₹15.45 Cr (down 1% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 6% over five years, including a 1% fall in the latest year. EBITDA fell 103% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹2.83 Lakh | ||||
| Profit Before Tax | |||||
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| Net Profit (PAT) | -₹41.56 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -0.2% | ||||
| Net Profit Margin | -2.7% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Kartar Bus Service Ltd, buy the company report.
Board of directors of Kartar Bus Service Ltd
Kartar Bus Service has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Avtar Junior Singh Also directs: The Kartar Tourist Bus Service Pvt Ltd | Director | 12 Aug 2000 | 26 Years 2 Months | Current |
| Jorawar Sanghera Singh Also directs: The Kartar Tourist Bus Service Pvt Ltd | Director | 22 Feb 2013 | 13 Years 8 Months | Current |
| Harinder Kaur Also directs: Kartar Deposits and Advances Pvt Ltd | Managing Director | 17 Oct 1981 | 45 Years 0 Months | Current |
Peer comparison
Kartar Bus Service Ltd is compared with the 10 companies closest to it by revenue in the same principal business activity (land transport via road), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Laxmi Transport Ryp Private Limited | ₹15.51 Cr (FY 2025) | 30.0% | Raipur, Chhattisgarh, India | |||
| Satguru Logitech India Private Limited | ₹15.51 Cr (FY 2024) | 7.0% | Delhi, India | |||
| Chennupati Cargo Carriers Private Limited | ₹15.5 Cr (FY 2024) | 3.0% | Gollapudi, Telangana, India | |||
| Vaishali Express Delivery Private Limited | ₹15.48 Cr (FY 2021) | 187.0% | Hellen Garden Mumbai, Maharashtra, India | |||
| Newaskar Logistics Private Limited | ₹15.47 Cr (FY 2024) | -15.0% | Pune, Maharashtra, India | |||
| Kartar Bus Service Ltdthis company | ₹15.45 Cr (FY 2024) | -₹41.56 Lakh | -2.7% | -1.0% | 84 | Jalandhar, Punjab, India |
| Ars Translogistics Private Limited | ₹15.38 Cr (FY 2025) | -19.0% | Kolkata, West Bengal, India | |||
| Yash Logistic Private Limited | ₹15.36 Cr (FY 2025) | 13.0% | Katni, Madhya Pradesh, India | |||
| Bengaluru Megacabs Private Limited | ₹15.34 Cr (FY 2025) | -28.0% | Delhi, India | |||
| Sphaira Transport Private Limited | ₹15.34 Cr (FY 2023) | 42.0% | New Delhi, Delhi, India | |||
| Shivam Lifters Private Limited | ₹15.34 Cr (FY 2025) | 31.0% | Vadodara, Gujarat, India |
To see the full peer comparison of Kartar Bus Service Ltd, buy the company report.
Auditor
Kartar Bus Service Ltd is audited by GURCHARANSINGHSYAL for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GURCHARANSINGHSYAL | FY 2017 | 080075 |
Shareholding
The shareholding of Kartar Bus Service Ltd is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Kartar Bus Service Ltd, buy the company report.
Legal cases
Kartar Bus Service Ltd has 64 court cases on record: 16 filed by Kartar Bus Service, 48 filed against it. 7 cases are pending and 57 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 44 | 37 | 0 |
| High courts | 17 | 10 | 6 |
| Supreme Court | 3 | 1 | 1 |
Cases on record (5 of 64)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, PUNJAB | Appeal | Filed against the company by Oriental Insurance Company Limited | Pending |
| Supreme Court | Court case (1203-Compensation Matters : Insurer/owners liability matters) | Filed against the company by The Oriental Insurance Company Ltd. Manager (Legal) 32, GT Road, Jalandhar, Surendera Building, Sco No. 109-110-111, Sector -17-D, Chandigarh , , Punjab | Pending |
| Supreme Court | Court case (1813-Ordinary Civil Matters : Stage carriage permits) | Filed by the company against Falcon Highways Pvt. Ltd. 779, Mota Singh Market , District: Jalandhar ,Jalandhar , Punjab and 4 others | Disposed |
| High Court of Punjab and Haryana | Appeal | Filed against the company | Pending |
| High Court, PUNJAB | Appeal | Filed against the company by individuals | Pending |
To see the full case history of Kartar Bus Service Ltd, 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 Kartar Bus Service Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Kartar Bus Service Ltd has a workforce of 84 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Kartar Bus Service has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AACCK1452H1Z0 | Punjab | Active | 29 Sep 2017 |
To see the full GST registrations and return filing status of Kartar Bus Service Ltd, buy the company report.
Recent activity
Kartar Bus Service Ltd has 6 board changes on record since 1981: 3 appointments and 3 cessations. The latest: Jorawar Sanghera Singh ceased to be Additional Director on 30 Sep 2015.
Frequently asked questions
Kartar Bus Service is an active public limited company based in Jalandhar, Punjab, India. The company works in land transportation, within the transportation industry. It was incorporated on 26 November 1943 (83+ years old) and is registered under CIN U60221PB1943PLC000615.
Kartar Bus Service has 3 current directors:
- Harinder Kaur - Managing Director
- Avtar Junior Singh - Director
- Jorawar Sanghera Singh - Director
The latest financial statements of Kartar Bus Service on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Kartar Bus Service is 03AACCK1452H1Z0, registered in Punjab.
The CIN (Corporate Identification Number) of Kartar Bus Service is U60221PB1943PLC000615. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kartar Bus Service has 64 court cases on record: 16 filed by the company and 48 filed against it. 7 are pending. Most are in the district courts.
Kartar Bus Service was incorporated on 26 November 1943, making it 83+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Kartar Bus Service by revenue are Laxmi Transport Ryp Private Limited, Satguru Logitech India Private Limited, Chennupati Cargo Carriers Private Limited, Vaishali Express Delivery Private Limited, Newaskar Logistics Private Limited and 5 more, all in the same principal business activity (land transport via road).
Jorawar Sanghera Singh ceased to be Additional Director on 30 Sep 2015. Avtar Singh Sanghera ceased to be Managing Director on 22 Feb 2013. Harinder Kaur ceased to be Director on 22 Feb 2013. Kartar Bus Service has 6 board changes on record in total.
The registered office of Kartar Bus Service is at 169 Old Railway Road Jalandhar, Punjab, India – 144001.
Kartar Bus Service operates in the transportation industry, in the land transportation segment.
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