
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
Recognitions & Rankings of Adofast Logistic Services
- 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
- Website
- Social Media
- Apps
- Registered AddressOm Sai Chawl Rupadevi Pada No.2 Road No.28 Near Kabrastan Indira Nagar, Thane, Maharashtra, India – 400604
- IndustryE-Commerce, General E-Commerce Platforms
To see the full contact details of Adofast Logistic Services 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
Brands
Adofast Logistic Services operates one associated brand: Yodacart. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| 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 code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other 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 availableAdofast Logistic Services Private Limited reported revenue of ₹65.65 Lakh (up 31320% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 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.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Divya Soni Also directs: Voroth Labs Private Limited | Additional Director | 20 May 2024 | 2 Years 5 Months | Current |
| Vikas Dharmendra Sharma Also directs: Voroth Labs Private Limited | Director | 17 Jan 2018 | 8 Years 9 Months | Current |
| Ramashankar Shivprasad Yadav | Director | 17 Jan 2018 | 8 Years 9 Months | Current |
Auditor
Adofast Logistic Services Private Limited is audited by BHASKARA MOHAN & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BHASKARA MOHAN & ASSOCIATES | FY 2023 | 016568S |
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 category | FY 2023 | FY 2022 | FY 2021 | FY 2019 | FY 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.
Legal cases
No court or tribunal cases involving Adofast Logistic Services Private Limited are on our record; a case search with case numbers, parties and status is in the company report 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.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAQCA4437L1Z6 | Maharashtra | Active | 11 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.
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:
- Divya Soni - Additional Director
- Vikas Dharmendra Sharma - Director
- Ramashankar Shivprasad Yadav - Director
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.