About Transit Operations India Private Limited
Data last updated:
Transit Operations India Private Limited was a private limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of First International No.1 Limited. The company has been dissolved (liquidated) as per MCA records and no longer exists as a legal entity. Any dealings with a dissolved entity carry legal and financial risk. It operated in the carriers services segment of the transport and logistics sector. It was incorporated on 24 January 2014.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U60231MH2014PTC252448. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹20 Cr and a paid-up capital of ₹18.97 Cr. It was led by directors Bradley Allen Thomas and Yajamanam Kidambi Anand.
Its last annual general meeting (AGM) was held on 26 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at Lentin Chambers 2nd Floor Dalal Street Fort, Mumbai, Maharashtra, India – 400023.
As per the financials filed for FY 2019, the company reported a revenue of ₹19.85 Lakh, a decline of 10% compared to the previous year. For the same year it recorded a net loss of ₹7.49 Cr and EBITDA of -₹5.17 Cr.
The company had about 7 employees on its provident fund (EPFO) records before it was dissolved.
Court records list 1 case involving the company, including 1 filed against it. The company has 4 deals on record (4 rights issues); the latest was in May 2019. Its 5 peer companies in the Transport and Logistics industry (Road Carriers and Trucking), with the same principal business activity (land transport via road) are compared by revenue, 4 larger and 1 smaller; the largest is MRL Logistics Private Limited with revenue of ₹20.48 Lakh.
The last known website on record is firstgroupplc.com.
Company details
Contact details
Transit Operations India Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Social Media
- Registered AddressLentin Chambers 2nd Floor Dalal Street Fort, Mumbai, Maharashtra, India – 400023
- IndustryTransport and Logistics, Carriers Services
To see the full contact details of Transit Operations India Private 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 Transit Operations India 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 Transit Operations India Private Limited, buy the company report.
Financials of Transit Operations India Private Limited
FY 2019 filings availableTransit Operations India Private Limited reported revenue of ₹19.85 Lakh (down 10% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue fell 10% in the latest year. EBITDA rose 1% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹19.85 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹5.17 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹7.49 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
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | |||||
| Net Profit Margin | |||||
| 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 Transit Operations India Private Limited, buy the company report.
Board of directors of Transit Operations India Private Limited
Transit Operations India has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bradley Allen Thomas | Director | 09 Nov 2015 | 11 Years 0 Months | As last reported |
| Yajamanam Kidambi Anand | Director | 13 Feb 2020 | 6 Years 8 Months | As last reported |
Peer comparison
Transit Operations India Private Limited is compared with the 5 companies closest to it by revenue in the Transport and Logistics industry (Road Carriers and Trucking), with 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 |
|---|---|---|---|---|---|---|
| MRL Logistics Private Limited | ₹20.48 Lakh (FY 2022) | -45.0% | Mumbai, Maharashtra, India | |||
| D.P. Cargo Movers Private Limited | ₹20.43 Lakh (FY 2024) | -25.0% | Bareilly, Uttar Pradesh, India | |||
| Mda Travels and Transport Private Limited | ₹19.99 Lakh (FY 2024) | 0.0% | Latur, Maharashtra, India | |||
| Anaysha Bhuwalka Infra Projects Private Limited | ₹19.92 Lakh (FY 2024) | 0.0% | Raniganj, West Bengal, India | |||
| Transit Operations India Private Limitedthis company | ₹19.85 Lakh (FY 2019) | -₹7.49 Cr | -10.0% | 7 | Mumbai, Maharashtra, India | |
| Indo China Logistics Private Limited | ₹19.55 Lakh (FY 2019) | -80.0% | Telangana, India |
To see the full peer comparison of Transit Operations India Private Limited, buy the company report.
Auditor
Transit Operations India Private Limited is audited by D R BARVE & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D R BARVE & CO | FY 2019 | 101034W |
Shareholding
The shareholding of Transit Operations India Private Limited is on record for 4 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Transit Operations India Private Limited, buy the company report.
Deals & funding
Transit Operations India Private Limited has 4 deals on record (4 rights issues); the latest was in May 2019.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2019 | Rights issue | ₹2.51 Cr | Investors: First International Hotels Private Limited |
| Jul 2018 | Rights issue | ₹4.9 Cr | Investors: First International Hotels Private Limited |
| Jun 2017 | Rights issue | ₹6.92 Cr | Investors: First International Hotels Private Limited |
| Jun 2016 | Rights issue | ₹4.63 Cr | Investors: First International Hotels Private Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Transit Operations India Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Mumbai | Insolvency matter | Filed against the company by an individual | Disposed |
To see the full case history of Transit Operations India Private 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
No delayed payments to MSME suppliers are on our record for Transit Operations India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Transit Operations India Private Limited has a workforce of 7 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
Transit Operations India has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Transit Operations India Private Limited, buy the company report.
Recent activity
Transit Operations India Private Limited has 9 board changes on record since 2015: 2 appointments and 7 cessations. The latest: Yajamanam Kidambi Anand ceased to be Additional Director on 28 Feb 2020.
Frequently asked questions
Transit Operations India has been "Dissolved (Liquidated)" as per MCA records. The company has ceased to exist as a legal entity. Any contracts or dealings with a dissolved entity may be legally unenforceable.
Transit Operations India was a private limited company based in Mumbai, Maharashtra, India. The company worked in carriers services, within the transport and logistics industry. It was incorporated on 24 January 2014 and is registered under CIN U60231MH2014PTC252448. The company is recorded as dissolved (liquidated) in MCA records and no longer exists as a legal entity.
Transit Operations India was incorporated on 24 January 2014. It is registered with the Registrar of Companies, Mumbai.
Transit Operations India had 2 directors:
- Bradley Allen Thomas - Director
- Yajamanam Kidambi Anand - Director
The CIN (Corporate Identification Number) of Transit Operations India is U60231MH2014PTC252448. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Transit Operations India is at Lentin Chambers 2nd Floor Dalal Street Fort, Mumbai, Maharashtra, India – 400023.
Transit Operations India can be reached through the website firstgroupplc.com. Its registered office is in Mumbai, Maharashtra, India.
The latest financial statements of Transit Operations India on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 26 September 2019. Year-wise statements from 2015 are in the company report.
No. Transit Operations India has 1 GST registration on record and it is cancelled or inactive.
Transit Operations India operated in the transport and logistics industry, in the carriers services segment.
Transit Operations India has 4 deals on record (4 rights issues); the latest was in May 2019.
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