Advac Private Limited
About Advac Private Limited
Data last updated:
Advac Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the carrying and forwarding agents (cfa) segment of the transport and logistics sector. It was incorporated on 05 April 1991 and has been in existence for over 35 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U60200DL1991PTC043813. Its GSTIN is 07AAACR0744B1ZY (Delhi). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹16.45 Lakh. It was formerly known as Rahul Fuels Private Limited. It is led by directors including Abhash Jain (Managing Director) and Sudhir Agarwal.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at 1st Floor 14 Rani Jhansi Road, New Delhi, Delhi, India – 110055.
As per the financials filed for FY 2020, the company reported a revenue of ₹43.57 Lakh, a decline of 78% compared to the previous year. For the same year it recorded a net loss of ₹1.21 Cr (net margin -277.1%) and EBITDA of -₹76.25 Lakh (EBITDA margin -175%). Revenue has declined at a compounded annual rate (CAGR) of 29% over three years and 38% over five years.
As per MCA filings, the company has open charges of ₹2.27 Cr on record. Court records list 31 cases involving the company, including 31 filed against it; 4 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Advac has one previous CIN (Corporate Identification Number): U74899DL1991PTC043813. The current CIN is U60200DL1991PTC043813, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U60200DL1991PTC043813 | Current |
| U74899DL1991PTC043813 | Previous |
Contact details
Advac Private Limited's registered office is in New Delhi, Delhi. Its e-mail address is in the company report.
- Email
- Registered Address1st Floor 14 Rani Jhansi Road, New Delhi, Delhi, India – 110055
- IndustryTransport and Logistics, Carrying & Forwarding Agents (CFA)
To see the full contact details of Advac 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 Advac 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 Advac Private Limited, buy the company report.
Financials of Advac Private Limited
FY 2020 filings availableAdvac Private Limited reported revenue of ₹43.57 Lakh (down 78% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 38% over five years, including a 78% fall in the latest year. EBITDA fell 259% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹43.57 Lakh | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹76.25 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.21 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -175% | ||||
| Net Profit Margin | -277.1% | ||||
| 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 Advac Private Limited, buy the company report.
Board of directors of Advac Private Limited
Advac has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Abhash Jain Also directs: Katihar Flour Mills Pvt Ltd, Advac Projects Private Limited | Managing Director | 20 Feb 2015 | 11 Years 8 Months | Current |
| Sudhir Agarwal Also directs: South West Drilling and Infrastructure Limited | Director | 14 May 2011 | 15 Years 5 Months | Current |
| Balwant Singh | Additional Director | 01 Aug 2022 | 4 Years 3 Months | Current |
Auditor
Advac Private Limited is audited by D H A & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D H A & CO | FY 2020 | 025446N |
Shareholding
The shareholding of Advac Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Advac Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Aug 2020 | 100367637 | Others | ₹8.25 Lakh | Open | |
| 29 Nov 2019 | 100311508 | Axis Bank Limited | ₹39.3 Lakh | Open | |
| 22 Jul 2012 | 10371037 | Srei Equipment Finance Private Limited | ₹26.8 Lakh | Open | |
| 29 Feb 2012 | 10345671 | L & T Finance Limited | ₹44 Lakh | Open | |
| 15 Feb 2012 | 10338745 | Srei Equipment Finance Private Limited | ₹28 Lakh | Open |
Total charge records: 6 View all charges
Legal cases
Advac Private Limited has 31 court cases on record: 31 filed against it. 4 cases are pending and 27 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 30 | 30 | 3 |
| High courts | 1 | 1 | 1 |
Cases on record (5 of 31)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Bokaro, Jharkhand | Criminal complaint | Filed against the company by R. K. Transport Pvt. Ltd. Rep. Through Director Vivek Pandey | Pending |
| District court, South, Delhi | Civil suit | Filed against the company by State | Pending |
| District court, Central, Delhi | Civil suit | Filed against the company by State | Pending |
| High Court, JHARKHAND | Revision petition | Filed against the company by Mahatha and Sons Represented by Its Authorised Director Sadhan Mahatha | Pending |
| District court, South, Delhi | Civil suit | Filed against the company by State | Disposed |
To see the full case history of Advac 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 Advac Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Advac has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAACR0744B1ZY | Delhi | Active | 31 Jul 2017 |
To see the full GST registrations and return filing status of Advac Private Limited, buy the company report.
Recent activity
Advac Private Limited has 8 board changes on record since 2011: 3 appointments and 5 cessations. The latest: Sudhir Agarwal ceased to be Director on 09 Aug 2022.
5 earlier events are in the company report.
Frequently asked questions
Advac is an active private limited company based in New Delhi, Delhi, India. The company works in carrying and forwarding agents (cfa), within the transport and logistics industry. It was incorporated on 05 April 1991 (35+ years old) and is registered under CIN U60200DL1991PTC043813.
Advac has 3 current directors:
- Abhash Jain - Managing Director
- Sudhir Agarwal - Director
- Balwant Singh - Additional Director
The latest financial statements of Advac on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.
The GSTIN of Advac is 07AAACR0744B1ZY, registered in Delhi. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Advac is U60200DL1991PTC043813. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Advac has 31 court cases on record: 31 filed against it. 4 are pending. Most are in the district courts.
Advac was incorporated on 05 April 1991, making it 35+ years old. It is registered with the Registrar of Companies, Delhi.
Sudhir Agarwal ceased to be Director on 09 Aug 2022. Balwant Singh was appointed as Additional Director on 01 Aug 2022. Abhash Jain ceased to be Additional Director on 01 Oct 2015. Advac has 8 board changes on record in total.
The registered office of Advac is at 1st Floor 14 Rani Jhansi Road, New Delhi, Delhi, India – 110055.
Advac operates in the transport and logistics industry, in the carrying and forwarding agents (cfa) segment.
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