- Category
- Micro (2024-25)
- Udyam number
- UDYAM-TN-02-0038099

About PL Shipping & Logistics Limited
Data last updated:
PL Shipping & Logistics Limited is a public limited company based in Chennai, Tamil Nadu, India, a subsidiary of Peirce Leslie India Limited. It operates in the carrying and forwarding agents (cfa) segment of the transport and logistics sector. It was incorporated on 18 December 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U63012TN1995PLC033884. Its GSTIN is 33AAACP3506D1Z3 (Tamil Nadu). The company holds 4 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.92 Cr. It was formerly known as Peirce Leslie Agencies Limited. It is led by directors including Sreekumar Vappalakalam and Sudhakar Vappalakalathil.
Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 25 Dr. P.V. Cherian Crescent Egmore, Chennai, Tamil Nadu, India – 600008.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.31 Cr, a decline of 23% compared to the previous year. For the same year it recorded a net profit of ₹7.4 Lakh (net margin 3.2%) and EBITDA of ₹6.13 Lakh (EBITDA margin 2.7%). Revenue has declined at a compounded annual rate (CAGR) of 11% over three years and 10% over five years.
The company has about 12 employees on its provident fund (EPFO) records.
Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it.
PL Shipping & Logistics Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0038099). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website pllogistics.co.in.
Company details
Recognitions & Rankings of PL Shipping & Logistics
Contact details
PL Shipping & Logistics Limited's registered office is in Chennai, Tamil Nadu. Its website is pllogistics.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address25 Dr. P.V. Cherian Crescent Egmore, Chennai, Tamil Nadu, India – 600008
- IndustryTransport and Logistics, Carrying & Forwarding Agents (CFA), Cargo Services
To see the full contact details of PL Shipping & Logistics 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 PL Shipping & Logistics is transport and storage. In detail, this covers services incidental to land, water & air transportation.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transport and storage | H5 | Services incidental to land, water & air transportation |
To see the full business activity and turnover split of PL Shipping & Logistics Limited, buy the company report.
Financials of PL Shipping & Logistics Limited
FY 2025 filings availablePL Shipping & Logistics Limited reported revenue of ₹2.31 Cr (down 23% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 10% over five years, including a 23% fall in the latest year. EBITDA rose 158% 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 |
|---|---|---|---|---|---|
| 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 | ₹6.13 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹7.4 Lakh | ||||
| 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.7% | ||||
| Net Profit Margin | 3.2% | ||||
| 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 PL Shipping & Logistics Limited, buy the company report.
Board of directors of PL Shipping & Logistics Limited
PL Shipping & Logistics 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 |
|---|---|---|---|---|
| Sreekumar Vappalakalam Also directs: Newbridge Capital Private Limited | Director | 01 Jul 2009 | 17 Years 3 Months | Current |
| Ramesh Ramachandran Also directs: Peirce & Leslie Travel Private Limited | Additional Director | 16 Jun 2025 | 1 Years 4 Months | Current |
| Sudhakar Vappalakalathil | Director | 30 Nov 2004 | 21 Years 11 Months | Current |
Auditor
PL Shipping & Logistics Limited is audited by JAGANNATHAN & SARABESWARAN for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JAGANNATHAN & SARABESWARAN | FY 2023 | 001204S |
Shareholding
The shareholding of PL Shipping & Logistics 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 PL Shipping & Logistics Limited, buy the company report.
Legal cases
PL Shipping & Logistics Limited has 3 court cases on record: 2 filed by PL Shipping & Logistics, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 0 |
| High courts | 1 | 1 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ernakulam, Kerala | Execution petition | Filed by the company against Ms Geruda Catering Company Pvt Ltd and Another | Disposed |
| District court, Ernakulam, Kerala | Civil suit | Filed by the company against Ms.Garuda Catering Co. Pvt. Ltd. | Disposed |
| High Court of Kerala | Writ petition | Filed against the company by M/S.A.C.T.Shipping Ltd. | Disposed |
To see the full case history of PL Shipping & Logistics Limited, 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
PL Shipping & Logistics Limited has 1 MSME Form 1 return on record for the period ending Mar 2020, listing 1 overdue payment to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Aspinwall and Company Limited |
To see the full MSME payment records of PL Shipping & Logistics Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
PL Shipping & Logistics Limited has a workforce of 12 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
PL Shipping & Logistics has 4 GST registrations: 2 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAACP3506D1Z3 | Tamil Nadu | Active | 01 Jul 2017 |
| 32AAACP3506D2Z4 | Kerala | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of PL Shipping & Logistics Limited, buy the company report.
Recent activity
PL Shipping & Logistics Limited has 6 board changes on record since 2004: 3 appointments and 3 cessations. The latest: Ambalaparambil Sankar ceased to be Director on 16 Jun 2025.
Frequently asked questions
PL Shipping & Logistics is an active public limited company based in Chennai, Tamil Nadu, India. The company works in carrying and forwarding agents (cfa), within the transport and logistics industry. It was incorporated on 18 December 1995 (31+ years old) and is registered under CIN U63012TN1995PLC033884.
PL Shipping & Logistics has 3 current directors:
- Sreekumar Vappalakalam - Director
- Ramesh Ramachandran - Additional Director
- Sudhakar Vappalakalathil - Director
The latest financial statements of PL Shipping & Logistics on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 26 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of PL Shipping & Logistics is 33AAACP3506D1Z3, registered in Tamil Nadu. The company has 4 GST registrations in all, of which 2 are active and 2 are cancelled or inactive. Other active GSTINs include 32AAACP3506D2Z4 (Kerala).
The CIN (Corporate Identification Number) of PL Shipping & Logistics is U63012TN1995PLC033884. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
PL Shipping & Logistics has 3 court cases on record: 2 filed by the company and 1 filed against it. Most are in the district courts.
PL Shipping & Logistics was incorporated on 18 December 1995, making it 31+ years old. It is registered with the Registrar of Companies, Chennai.
Ambalaparambil Sankar ceased to be Director on 16 Jun 2025. Ramesh Ramachandran was appointed as Additional Director on 16 Jun 2025. Mohan Chandran Vappalakalathil ceased to be Director on 26 Mar 2014. PL Shipping & Logistics has 6 board changes on record in total.
Yes, PL Shipping & Logistics is registered as a micro enterprise under Udyam registration (number: UDYAM-TN-02-0038099).
PL Shipping & Logistics has 1 MSME Form 1 return on record for the period ending Mar 2020, listing 1 overdue payment to 1 micro and small supplier. The latest return was filed on 25 Sep 2020.
PL Shipping & Logistics can be reached through the website pllogistics.co.in. Its registered office is in Chennai, Tamil Nadu, India.

