
Adhari Logistics Private Limited
About Adhari Logistics Private Limited
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Adhari Logistics Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the carriers services segment of the transport and logistics sector. It was incorporated on 22 December 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74990MH2010PTC211215. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors Vinod Markadave Shukla and Rajiv Vinod Shukla.
Its last annual general meeting (AGM) was held on 30 September 2015, and its latest financial statements are for the year ended 31 March 2015. The registered office is at 1107 Bipasha Chs Starcolony Manpada Road Dombivli (E) District, Thane, Maharashtra, India – 421201.
As per the financials filed for FY 2015, the company reported a revenue of ₹9.21 Cr, a growth of 78% compared to the previous year. For the same year it recorded a net loss of ₹22.88 Lakh (net margin -2.5%) and EBITDA of ₹1.78 Cr (EBITDA margin 19.3%).
As per MCA filings, the company has open charges of ₹1.83 Cr on record. Court records list 19 cases involving the company, including 4 filed by the company and 15 filed against it; 7 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Adhari Logistics Private Limited's registered office is in Thane, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address1107 Bipasha Chs Starcolony Manpada Road Dombivli (E) District, Thane, Maharashtra, India – 421201
- IndustryTransport and Logistics, Carriers Services
To see the full contact details of Adhari Logistics 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
Financials of Adhari Logistics Private Limited
FY 2015 filings availableAdhari Logistics Private Limited reported revenue of ₹9.21 Cr (up 78% YoY) for FY 2015.
Compounded Annual Growth Rate (CAGR)
Revenue rose 78% in the latest year. EBITDA rose 163% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2014-15 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | |
| Other Income | |
| Total Revenue | ₹9.21 Cr |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | ₹1.78 Cr |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | -₹22.88 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 2014-15 |
|---|---|
| Profitability | |
| EBITDA Margin | 19.3% |
| Net Profit Margin | -2.5% |
| 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 Adhari Logistics Private Limited, buy the company report.
Board of directors of Adhari Logistics Private Limited
Adhari Logistics has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vinod Markadave Shukla | Director | 22 Dec 2010 | 15 Years 10 Months | Current |
| Rajiv Vinod Shukla | Director | 22 Dec 2010 | 15 Years 10 Months | Current |
Auditor
Adhari Logistics Private Limited is audited by JIGNESH J SHAH & ASSOCIATES for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JIGNESH J SHAH & ASSOCIATES | FY 2015 | 129923W |
Shareholding
The shareholding of Adhari Logistics Private Limited is on record for FY 2015, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2015 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Adhari Logistics Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Mar 2015 | 10566814 | India Infoline Finance Limited | ₹12 Lakh | Open | |
| 31 Mar 2015 | 10566817 | India Infoline Finance Limited | ₹38 Lakh | Open | |
| 02 Jan 2014 | 10479623 | Reliance Capital Ltd | ₹53 Lakh | Open | |
| 29 May 2012 | 10365891 | Karnataka Bank Limited | ₹80 Lakh | Open |
To see the full charge records of Adhari Logistics Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Adhari Logistics Private Limited has 19 court cases on record: 4 filed by Adhari Logistics, 15 filed against it. 7 cases are pending and 12 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 17 | 15 | 6 |
| High courts | 1 | 0 | 1 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 19)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Interim or miscellaneous application | Filed by the company against Karnataka Bank Ltd | Pending |
| District court, Gurugram, Haryana | Appeal | Filed by the company against M/S Indiabulls Infrastructure Credit Limited | Pending |
| District court, Thane, Maharashtra | Arbitration matter | Filed against the company by India Infoline Finance Limited | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed against the company by India Infoline Finance Ltd Th.Mr.Suhas Gorakh Ohal | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons cases SS) | Filed against the company by Cholamandalam Investment and Finance Company Ltd. | Disposed |
To see the full case history of Adhari Logistics 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 Adhari Logistics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Adhari Logistics 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 Adhari Logistics Private Limited, buy the company report.
Recent activity
Adhari Logistics Private Limited has 3 board changes on record since 2010: 2 appointments and 1 cessation. The latest: Vikas Vinod Shukla ceased to be Director on 04 Aug 2016.
Frequently asked questions
Adhari Logistics is an active private limited company based in Thane, Maharashtra, India. The company works in carriers services, within the transport and logistics industry. It was incorporated on 22 December 2010 (16+ years old) and is registered under CIN U74990MH2010PTC211215.
Adhari Logistics has 2 current directors:
- Vinod Markadave Shukla - Director
- Rajiv Vinod Shukla - Director
The latest financial statements of Adhari Logistics on record with the MCA are for the year ended 31 March 2015. Its last annual general meeting was held on 30 September 2015. Year-wise statements from 2015 are in the company report.
No. Adhari Logistics has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Adhari Logistics is U74990MH2010PTC211215. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Adhari Logistics has 19 court cases on record: 4 filed by the company and 15 filed against it. 7 are pending. Most are in the district courts.
Adhari Logistics was incorporated on 22 December 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.
Vikas Vinod Shukla ceased to be Director on 04 Aug 2016. Rajiv Vinod Shukla was appointed as Director on 22 Dec 2010. Vinod Markadave Shukla was appointed as Director on 22 Dec 2010.
The registered office of Adhari Logistics is at 1107 Bipasha Chs Starcolony Manpada Road Dombivli E District, Thane, Maharashtra, India – 421201.
Adhari Logistics operates in the transport and logistics industry, in the carriers services segment.

