Adofast Logistic Services Private Limited

Adofast Logistic Services Private Limited - e-commerce in Thane, Maharashtra, India. FY 2026 financials & compliance.
CIN U63090MH2018PTC304272 Incorporated 17 January 2018 ROC Mumbai HQ Thane, Maharashtra, India
Active Private Limited Company e-commerce DPIIT Startup MSME · Micro
Data last updated
Revenue · FY 2024
₹65.65 Lakh
▲ 31320% YoY
Net loss · FY 2024
₹1.3 Cr
Net margin -197.4%
EBITDA · FY 2024
-₹1.33 Cr
EBITDA margin -203.3%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹28,840
Issued & subscribed
Company age
8 yrs
Est. 2018
Directors on board
3
As per MCA filings
Active GSTINs
1
GST registered

About Adofast Logistic Services Private Limited

Data last updated:

Adofast Logistic Services Private Limited is a private limited company based in Thane, Maharashtra, India, recognised as a startup by DPIIT. It operates in the general e-commerce platforms segment of the e-commerce sector. It was incorporated on 17 January 2018 and has been in existence for over 8 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U63090MH2018PTC304272. Its GSTIN is 27AAQCA4437L1Z6 (Maharashtra).

The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹28,840. It is led by directors including Vikas Dharmendra Sharma and Ramashankar Shivprasad Yadav.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Om Sai Chawl Rupadevi Pada No.2 Road No.28 Near Kabrastan Indira Nagar, Thane, Maharashtra, India – 400604.

As per the financials filed for FY 2024, the company reported a revenue of ₹65.65 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹1.3 Cr (net margin -197.4%) and EBITDA of -₹1.33 Cr (EBITDA margin -203.3%). Revenue has grown at a compounded annual rate (CAGR) of 211% over three years and 235% over five years.

The company is associated with 1 brand: Yodacart.

Adofast Logistic Services Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0142396). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website yodacart.com.

Company details

CIN U63090MH2018PTC304272
Registration Number 304272
Incorporation Date 17 January 2018
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-MH-33-0142396

Recognitions & Rankings of Adofast Logistic Services

DPIIT recognised startup Government of India
Startup India
MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-MH-33-0142396

Contact details

Adofast Logistic Services Private Limited's registered office is in Thane, Maharashtra. Its website is yodacart.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Apps
  • Registered Address
    Om Sai Chawl Rupadevi Pada No.2 Road No.28 Near Kabrastan Indira Nagar, Thane, Maharashtra, India – 400604
  • Industry
    E-Commerce, General E-Commerce Platforms

To see the full contact details of Adofast Logistic Services Private Limited, buy the company report.

Comprehensive company report
Adofast Logistic Services Private Limited - one report that includes everything
  • 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Brands

Adofast Logistic Services operates one associated brand: Yodacart. Each brand links to its own profile.

BrandDescriptionWebsite
Delivers comprehensive insights and analytics solutions for retail businesses.yodacart.com

Business activity

The main business activity of Adofast Logistic Services is information and communication. In detail, this covers other information & communication service activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ8Other information & communication service activities

To see the full business activity and turnover split of Adofast Logistic Services Private Limited, buy the company report.

Financials of Adofast Logistic Services Private Limited

FY 2024 filings available

Adofast Logistic Services Private Limited reported revenue of ₹65.65 Lakh (up 31320% YoY) for FY 2024.

Revenue · FY 2024
₹65.65 Lakh ▲ 31320%
Net loss · FY 2024
₹1.3 Cr margin -197.4%
EBITDA · FY 2024
-₹1.33 Cr margin -203.3%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
3 years · compounded
▲ 211%
5 years · compounded
▲ 235%
EBITDA CAGR growth
1 year
▼ 121%
5 years · compounded
▼ 245%

Revenue has grown at a compounded annual rate (CAGR) of 235% over five years. EBITDA fell 121% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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-₹1.33 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹1.3 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin-203.3%
Net Profit Margin-197.4%
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 Adofast Logistic Services Private Limited, buy the company report.

Board of directors of Adofast Logistic Services Private Limited

Adofast Logistic Services has 3 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Divya SoniAdditional Director20 May 20242 Years 5 MonthsCurrent
Vikas Dharmendra SharmaDirector17 Jan 20188 Years 9 MonthsCurrent
Ramashankar Shivprasad YadavDirector17 Jan 20188 Years 9 MonthsCurrent

Auditor

Adofast Logistic Services Private Limited is audited by BHASKARA MOHAN & ASSOCIATES for the financial year 2023.

Auditor firmFinancial yearFirm registration number
BHASKARA MOHAN & ASSOCIATESFY 2023016568S

Shareholding

The shareholding of Adofast Logistic Services Private 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 categoryFY 2023FY 2022FY 2021FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Adofast Logistic Services Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Adofast Logistic Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Adofast Logistic Services has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAQCA4437L1Z6MaharashtraActive11 May 2018

To see the full GST registrations and return filing status of Adofast Logistic Services Private Limited, buy the company report.

Recent activity

Adofast Logistic Services Private Limited has 3 board changes on record since 2018: 3 appointments. The latest: Divya Soni was appointed as Additional Director on 20 May 2024.

AGM
Adofast Logistic Services Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Appointed
Divya Soni was appointed as Additional Director.
Filing
Adofast Logistic Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Appointed
Ramashankar Shivprasad Yadav was appointed as Director.
Appointed
Vikas Dharmendra Sharma was appointed as Director.
Incorporation
17 Jan 2018
Adofast Logistic Services Private Limited was registered on 17 Jan 2018 with Roc Mumbai & aged 8 years 9 months as per MCA records.

News

Yodacart Raises US$ 225,000 Pre-seed Funding
20 Dec 2021 · Digitalterminal

Frequently asked questions

Adofast Logistic Services is an active private limited company based in Thane, Maharashtra, India. The company works in general e-commerce platforms, within the e-commerce industry. It was incorporated on 17 January 2018 (8+ years old) and is registered under CIN U63090MH2018PTC304272.

Adofast Logistic Services has 3 current directors:

The latest financial statements of Adofast Logistic Services on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2018 are in the company report.

The GSTIN of Adofast Logistic Services is 27AAQCA4437L1Z6, registered in Maharashtra.

The CIN (Corporate Identification Number) of Adofast Logistic Services is U63090MH2018PTC304272. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Adofast Logistic Services was incorporated on 17 January 2018, making it 8+ years old. It is registered with the Registrar of Companies, Mumbai.

Divya Soni was appointed as Additional Director on 20 May 2024. Ramashankar Shivprasad Yadav was appointed as Director on 17 Jan 2018. Vikas Dharmendra Sharma was appointed as Director on 17 Jan 2018.

Yes, Adofast Logistic Services is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

Yes, Adofast Logistic Services is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-33-0142396).

Adofast Logistic Services can be reached through the website yodacart.com. Its registered office is in Thane, Maharashtra, India.