Startup India Government of India
Aadinath Bulk Private Limited - transport and logistics in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹95.96 Cr
▲ 12% YoY
Net profit · FY 2025
₹8.48 Cr
Net margin 8.8%
EBITDA · FY 2025
₹31.16 Cr
EBITDA margin 32.5%
Authorised capital
₹2.5 Cr
Registered with MCA
Paid-up capital
₹2.02 Cr
Issued & subscribed
Open charges
₹221.08 Cr
Satisfied ₹60.66 Cr
Company age
9 yrs
Est. 2017
Employees · EPFO
89
Provident fund records
About Aadinath Bulk Private Limited
Data last updated:
Aadinath Bulk Private Limited is a private limited company based in Ahmedabad, Gujarat, India, recognised as a startup by DPIIT. It operates in the private bus transportation services segment of the transport and logistics sector. It was incorporated on 24 May 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U60300GJ2017PTC097535. Its GSTIN is 24AAPCA6143C1ZX (Gujarat).
The company has an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹2.02 Cr. It is led by directors including Narendra Jain Laxmichand and Jalpa Kaushikkumar Jain.
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 246 711 Madhavpura Gunj Bazar O\S. Delhi Gate Hathisingh'S Wadi, Ahmedabad, Gujarat, India – 380004.
As per the financials filed for FY 2025, the company reported a revenue of ₹95.96 Cr, a growth of 12% compared to the previous year. For the same year it recorded a net profit of ₹8.48 Cr (net margin 8.8%) and EBITDA of ₹31.16 Cr (EBITDA margin 32.5%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years and 9% over five years.
The company has about 89 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Aadinath Bulk. As per MCA filings, the company has open charges of ₹221.08 Cr and satisfied charges of ₹60.66 Cr on record. Court records list 27 cases involving the company, including 1 filed by the company and 10 filed against it; 9 cases are pending. The company has 7 deals on record (5 secondary share transfers, 2 funding rounds), with disclosed funding of ₹9.5 Cr; the latest was in March 2024. Its 10 peer companies in the Transport and Logistics industry (Private Bus Operators) are compared by revenue, 5 larger and 5 smaller; the largest is Flixbus India Private Limited with revenue of ₹135.07 Cr.
Aadinath Bulk Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0025215). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website aadinathbulk.com.
Company Details of Aadinath Bulk Private Limited
CIN U60300GJ2017PTC097535
Registration Number 097535
Incorporation Date 24 May 2017
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Medium
Udyam Registration UDYAM-GJ-01-0025215
Key People
Narendra Jain Laxmichand Director Jalpa Kaushikkumar Jain Director Jinal Kaushikkumar Jain Director Recognitions & Rankings of Aadinath Bulk
MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-01-0025215
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address246 711 Madhavpura Gunj Bazar O\S. Delhi Gate Hathisingh'S Wadi, Ahmedabad, Gujarat, India – 380004
- IndustryTransport and Logistics, Private Bus Transportation Services
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Associated Brands with Aadinath Bulk Private Limited
Aadinath Bulk operates one associated brand: Aadinath Bulk. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Bus transportation services for schools, corporates, and cities in India. | aadinathbulk.com |
Business Activity of Aadinath Bulk Private Limited
The main business activity of Aadinath Bulk is transport and storage. In detail, this covers land transport via road.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| H | Transport and storage | H1 | Land Transport via Road | 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 Aadinath Bulk Private Limited FY 2025 filings available
Aadinath Bulk Private Limited reported revenue of ₹95.96 Cr (up 12% YoY) for FY 2025.
Revenue · FY 2025
₹95.96 Cr ▲ 12%
Net profit · FY 2025
₹8.48 Cr margin 8.8%
EBITDA · FY 2025
₹31.16 Cr margin 32.5%
Compounded Annual Growth Rate (CAGR) of Aadinath Bulk Private Limited
Revenue CAGR growth
1 year
▲ 12%
3 years · compounded
▲ 21%
5 years · compounded
▲ 9%
EBITDA CAGR growth
1 year
▲ 164%
3 years · compounded
▲ 30%
5 years · compounded
▲ 3%
Revenue has grown at a compounded annual rate (CAGR) of 9% over five years, including 12% growth in the latest year. EBITDA rose 164% 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 Aadinath Bulk 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 | ₹31.16 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹8.48 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 Aadinath Bulk Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 32.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 8.8% | •••• | •••• | •••• | •••• |
| 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 Aadinath Bulk are in the company report.
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Financial statements from FY 2018
Earlier years and trend charts are in the company report.
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Board of Directors of Aadinath Bulk Private Limited
Aadinath Bulk has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Narendra Jain Laxmichand | Director | 24 May 2017 | 9 Years 4 Months | Current |
| Jalpa Kaushikkumar Jain Also directs: Kalpvruksham Global Foundation | Director | 01 Nov 2022 | 3 Years 11 Months | Current |
| Jinal Kaushikkumar Jain Also directs: Alphaedge Ventures LLP, Kalpvruksham Global Foundation | Director | 01 Nov 2022 | 3 Years 11 Months | Current |
Peer Comparison of Aadinath Bulk Private Limited
Aadinath Bulk Private Limited is compared with the companies closest to it by revenue in the Transport and Logistics industry (Private Bus Operators). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Flixbus India Private Limited | ₹135.07 Cr (FY 2025) | •••• | •••• | 805.0% | •••• | Gurgaon, Haryana, India |
| Jivo Mart Private Limited | ₹123.09 Cr (FY 2025) | •••• | •••• | 120.0% | •••• | Delhi, India |
| Vishvam City Bus Operations Private Limited | ₹122.25 Cr (FY 2025) | •••• | •••• | 399.0% | •••• | Delhi, India |
| Bhagirathi Transcorpo Private Limited | ₹113.16 Cr (FY 2019) | •••• | •••• | 33.0% | •••• | Mumbai, Maharashtra, India |
| SMG International Private Limited | ₹112.81 Cr (FY 2019) | •••• | •••• | -8.0% | •••• | Nagpur, Maharashtra, India |
| Aadinath Bulk Private Limited this company | ₹95.96 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | Ahmedabad, Gujarat, India |
| Ahmedabad Janmarg Limited | ₹95.66 Cr (FY 2025) | •••• | •••• | -7.0% | •••• | Ahmedabad, Gujarat, India |
| Jaipur City Transport Services Limited | ₹87.2 Cr (FY 2025) | •••• | •••• | -20.0% | •••• | Jaipur, Rajasthan, India |
| Shrinath Travel Agency Private Limited | ₹86.68 Cr (FY 2024) | •••• | •••• | 14.0% | •••• | Ahmedabad, Gujarat, India |
| VSK City Bus Operations Private Limited | ₹79.89 Cr (FY 2025) | •••• | •••• | -3.0% | •••• | Rewari, Haryana, India |
| Tirthankar City Bus Operations Private Limited | ₹68.65 Cr (FY 2025) | •••• | •••• | -12.0% | •••• | Rewari, Haryana, India |
Peers are the five companies nearest above and the five nearest below Aadinath Bulk by revenue in the Transport and Logistics industry (Private Bus Operators), 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 Aadinath Bulk Private Limited
Aadinath Bulk Private Limited is audited by KALRAV PATEL & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| KALRAV PATEL & ASSOCIATES | Locked | Locked | Locked |
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Complete auditor history
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Ownership and Shareholding of Aadinath Bulk Private Limited
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Shareholding and ownership data
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Charges & Borrowings of Aadinath Bulk Private Limited
Open charges
₹221.08 Cr
Satisfied charges
₹60.66 Cr
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Jan 2026 | Others | ₹32.66 Lakh | Open |
| 28 Jan 2026 | Others | ₹1.63 Cr | Open |
| 07 Jan 2026 | Others | ₹1.63 Cr | Open |
| 31 Dec 2025 | Others | ₹15 Cr | Open |
| 26 Dec 2025 | Others | ₹1.63 Cr | Open |
Total charge records: 68 View all charges
Deals & Funding of Aadinath Bulk Private Limited
Aadinath Bulk Private Limited has 7 deals on record (5 secondary share transfers, 2 funding rounds), with disclosed funding of ₹9.5 Cr; the latest was in March 2024.
Total deals
7
Secondary share transfers
5
Funding rounds
2
Disclosed funding
₹9.5 Cr
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2024 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2024 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Mar 2024 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Nov 2022 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Feb 2020 | Funding round | ₹5 Cr | Investors: 2 individuals |
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Full deal history
All 7 deals with amounts, valuations, instruments and every party are in the company report.
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Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Aadinath Bulk Private Limited
Aadinath Bulk Private Limited has 27 court cases on record: 1 filed by Aadinath Bulk, 10 filed against it, 16 where it is another party. 9 cases are pending and 18 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Total cases
27
Filed by the company
1
Filed against the company
10
Pending
9
Disposed
18
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 23 | 8 | 7 |
| High courts | 4 | 2 | 2 |
Cases on record (5 of 27)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Gujarat | Court case (X-OBJ) | Filed against the company by an individual | Pending |
| District court, SURAT, Gujarat | Motor accident claim | Company is another party | Pending |
| District court, Sabarkantha at Himmatnagar, Gujarat | Motor accident claim | Company is another party | Pending |
| District court, Bharuch, Gujarat | Motor accident claim | Company is another party | Pending |
| District court, Ahmedabad, Gujarat | Court case (MACMA) | Company is another party | Pending |
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Full case history
All 27 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
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Employees and EPFO Compliance at Aadinath Bulk Private Limited
Aadinath Bulk Private Limited has a workforce of 89 employees as of Mar 28, 2024.
Employee count
89
Active EPFO establishments
1
Employee growth
-10.1%
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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 Aadinath Bulk Private Limited
Aadinath Bulk Private Limited has 5 board changes on record since 2017: 4 appointments and 1 cessation. The latest: Jalpa Kaushikkumar Jain was appointed as Director on 01 Nov 2022.
Charges
A charge with Others amounted to Rs. 0.33 Cr with Charge ID 101227929 was registered on 30 Jan 2026.
Charges
A charge with Others amounted to Rs. 1.63 Cr with Charge ID 101224862 was registered on 28 Jan 2026.
Charges
A charge with Others of Rs. 15.00 Cr registered on 31 Dec 2025 with Charge ID 101215565 was modified on 28 Jan 2026.
Charges
A charge with Others amounted to Rs. 1.63 Cr with Charge ID 101212053 was registered on 07 Jan 2026.
Charges
A charge with Others amounted to Rs. 15.00 Cr with Charge ID 101215565 was registered on 31 Dec 2025.
Charges
A charge with Others amounted to Rs. 1.63 Cr with Charge ID 101208676 was registered on 26 Dec 2025.
Charges
A charge with Others amounted to Rs. 8.78 Cr with Charge ID 101210581 was registered on 20 Dec 2025.
Charges
A charge with Others amounted to Rs. 0.55 Cr with Charge ID 101210103 was registered on 18 Dec 2025.
Charges
A charge with Others amounted to Rs. 0.55 Cr with Charge ID 101202779 was registered on 09 Dec 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 3.59 Cr with Charge ID 101195217 was registered on 06 Dec 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.66 Cr with Charge ID 101187402 was registered on 20 Nov 2025.
Charges
A charge with Others amounted to Rs. 0.55 Cr with Charge ID 101191192 was registered on 19 Nov 2025.
85 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Aadinath Bulk Private Limited
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MSME Payment Delays by Aadinath Bulk Private Limited
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Subsidiaries & Group Companies of Aadinath Bulk Private Limited
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Corporate group structure
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GST Compliance of Aadinath Bulk Private Limited
Aadinath Bulk has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAPCA6143C1ZX | Gujarat | Active | 10 Jul 2017 |
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MCA Filings & Documents of Aadinath Bulk Private Limited
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Related news about Aadinath Bulk Private Limited
Frequently Asked Questions about Aadinath Bulk Private Limited
Aadinath Bulk is an active private limited company based in Ahmedabad, Gujarat, India. The company works in private bus transportation services, within the transport and logistics industry. It was incorporated on 24 May 2017 (9+ years old) and is registered under CIN U60300GJ2017PTC097535.
Aadinath Bulk reported revenue of ₹95.96 Cr for FY 2025 (up 12% YoY).
Aadinath Bulk has 3 current directors:
- Narendra Jain Laxmichand - Director
- Jalpa Kaushikkumar Jain - Director
- Jinal Kaushikkumar Jain - Director
Aadinath Bulk reported a net profit of ₹8.48 Cr (net margin 8.8%) and EBITDA of ₹31.16 Cr (EBITDA margin 32.5%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Aadinath Bulk is 21% over three years and 9% over five years. In the latest year (FY 2025) revenue rose 12%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Aadinath Bulk is 24AAPCA6143C1ZX, registered in Gujarat.
The CIN (Corporate Identification Number) of Aadinath Bulk is U60300GJ2017PTC097535. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aadinath Bulk has 27 court cases on record: 1 filed by the company and 10 filed against it. 9 are pending. Most are in the district courts.
Aadinath Bulk was incorporated on 24 May 2017, making it 9+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Aadinath Bulk has 7 deals on record (5 secondary share transfers, 2 funding rounds), with disclosed funding of ₹9.5 Cr; the latest was in March 2024.
The peers of Aadinath Bulk by revenue are Flixbus India Private Limited, Jivo Mart Private Limited, Vishvam City Bus Operations Private Limited, Bhagirathi Transcorpo Private Limited, SMG International Private Limited and 5 more, all in the Transport and Logistics industry (Private Bus Operators).