MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-33-0063205
Algor Supply Chain Solutions Private Limited - transportation in Thane, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹39.79 Cr
▲ 12% YoY
Net loss · FY 2024
₹1.11 Cr
Net margin -2.8%
EBITDA · FY 2024
₹5.57 Cr
EBITDA margin 14%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹16.89 Cr
Secured borrowings
Company age
11 yrs
Est. 2015
Employees · EPFO
43
Provident fund records
About Algor Supply Chain Solutions Private Limited
Data last updated:
Algor Supply Chain Solutions Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the land transportation segment of the transportation sector. It was incorporated on 13 December 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U60231MH2015PTC270949. Its GSTIN is 27AANCA9923G1ZB (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Naveen Sahani and Vijaykumar Jainarayan Ghotia.
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 3013 3rd Floor Akshar Business Park, Thane, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹39.79 Cr, a growth of 12% compared to the previous year. For the same year it recorded a net loss of ₹1.11 Cr (net margin -2.8%) and EBITDA of ₹5.57 Cr (EBITDA margin 14%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 23% over five years.
The company has about 43 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹16.89 Cr on record. Court records list 8 cases involving the company, including 4 filed by the company and 4 filed against it; 3 cases are pending.
Algor Supply Chain Solutions Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0063205). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website algor.in.
Company details
CIN U60231MH2015PTC270949
Registration Number 270949
Incorporation Date 13 December 2015
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
MSME Classification Medium
Udyam Registration UDYAM-MH-33-0063205
Key People
Naveen Sahani Director Vijaykumar Jainarayan Ghotia Director Waseemali Muneerali Shah Director Recognitions & Rankings of Algor Supply Chain Solutions
Contact details
Algor Supply Chain Solutions Private Limited's registered office is in Thane, Maharashtra. Its website is algor.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressOffice No. 3013 3rd Floor Akshar Business Park, Sector No. 25 Plot No. 3 Vashi, Thane, Maharashtra, India – 400703
- IndustryTransportation, Land Transportation
To see the full contact details of Algor Supply Chain Solutions Private Limited, buy the company report.
Comprehensive company report
Algor Supply Chain Solutions 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
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Secure checkout · GST invoice included
Business activity
The main business activity of Algor Supply Chain Solutions 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 Algor Supply Chain Solutions Private Limited, buy the company report.
Financials of Algor Supply Chain Solutions Private Limited
FY 2024 filings availableAlgor Supply Chain Solutions Private Limited reported revenue of ₹39.79 Cr (up 12% YoY) for FY 2024.
Revenue · FY 2024
₹39.79 Cr ▲ 12%
Net loss · FY 2024
₹1.11 Cr margin -2.8%
EBITDA · FY 2024
₹5.57 Cr margin 14%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 12%
3 years · compounded
▲ 13%
5 years · compounded
▲ 23%
EBITDA CAGR growth
1 year
▲ 39%
3 years · compounded
▼ 1%
5 years · compounded
▲ 19%
Revenue has grown at a compounded annual rate (CAGR) of 23% over five years, including 12% growth in the latest year. EBITDA rose 39% 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 |
|---|---|---|---|---|---|
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| EBITDA | ₹5.57 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.11 Cr | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 14% | ||||
| Net Profit Margin | -2.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Payable Days | |||||
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To see the full financial statements and ratios of Algor Supply Chain Solutions Private Limited, buy the company report.
Board of directors of Algor Supply Chain Solutions Private Limited
Algor Supply Chain Solutions has 5 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Naveen Sahani Also directs: Indinet Logistics Private Limited | Director | 18 Sep 2020 | 6 Years 1 Months | Current |
| Vijaykumar Jainarayan Ghotia | Director | 13 Dec 2015 | 10 Years 10 Months | Current |
| Waseemali Muneerali Shah Also directs: Indinet Logistics Private Limited, Cieli Cibo Private Limited | Director | 18 Sep 2020 | 6 Years 1 Months | Current |
| Pravinbhai Bhanubhai Kansagara Also directs: Narayani Polychem Private Limited, Rapid Reefers Private Limited | Director | 13 Dec 2015 | 10 Years 10 Months | Current |
| Virendra Ramkishan Chaudhary Also directs: Indinet Logistics Private Limited | Director | 13 Dec 2015 | 10 Years 10 Months | Current |
Auditor
Algor Supply Chain Solutions Private Limited is audited by KALPESH JAIN & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KALPESH JAIN & ASSOCIATES | FY 2022 | 132603W |
Shareholding
The shareholding of Algor Supply Chain Solutions Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Algor Supply Chain Solutions Private Limited, buy the company report.
Charges & borrowings
Open charges
₹16.89 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Aug 2025 | 101157521 | Others | ₹42.92 Lakh | Open | |
| 06 Aug 2025 | 101145961 | Others | ₹56.34 Lakh | Open | |
| 05 Aug 2025 | 101145958 | Others | ₹11.98 Lakh | Open | |
| 04 Aug 2025 | 101145952 | Others | ₹1.17 Cr | Open | |
| 31 Jan 2025 | 101050425 | Others | ₹50 Lakh | Open |
Total charge records: 22 View all charges
Legal cases
Algor Supply Chain Solutions Private Limited has 8 court cases on record: 4 filed by Algor Supply Chain Solutions, 4 filed against it. 3 cases are pending and 5 are disposed.
Total cases
8
Filed by the company
4
Filed against the company
4
Pending
3
Disposed
5
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 4 | 3 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thane, Maharashtra | Court case (M.A.C.P.) | Filed against the company by an individual | Pending |
| District court, Thane, Maharashtra | Civil suit | Filed by the company against Ms Tanmayee Shipping and Logistic Pvt Ltd | Pending |
| District court, Rangareddy, Telangana | Petition | Filed against the company by an individual | Pending |
| District court, Thane, Maharashtra | Civil suit | Filed by the company against Tanmayee Shipping and Logistic Pvt Ltd | Disposed |
| District court, South East, Delhi | Motor accident claim | Filed against the company by an individual | Disposed |
To see the full case history of Algor Supply Chain Solutions 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
Algor Supply Chain Solutions Private Limited has 3 MSME Form 1 returns on record between 2021 and 2023, listing 17 overdue payments to 4 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (4 of 4)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Path Insulation Private Limited | |||
| Sub Zero Insulation Technologies Private Limited | |||
| an individual supplier | |||
| Elixia Tech Solutions Limited |
To see the full MSME payment records of Algor Supply Chain Solutions Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Algor Supply Chain Solutions Private Limited has a workforce of 43 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
Employee count
43
Active EPFO establishments
1
Employee growth
4.88%
GST
Algor Supply Chain Solutions has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AANCA9923G1ZB | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Algor Supply Chain Solutions Private Limited, buy the company report.
Recent activity
Algor Supply Chain Solutions Private Limited has 7 board changes on record since 2015: 5 appointments and 2 cessations. The latest: Naveen Sahani ceased to be Additional Director on 31 Dec 2020.
Charges
A charge with Others amounted to Rs. 42.92 Lakh with Charge ID 101157521 was registered on 29 Aug 2025.
Charges
A charge with Others amounted to Rs. 56.34 Lakh with Charge ID 101145961 was registered on 06 Aug 2025.
Charges
A charge with Others amounted to Rs. 11.98 Lakh with Charge ID 101145958 was registered on 05 Aug 2025.
Charges
A charge with Others amounted to Rs. 116.85 Lakh with Charge ID 101145952 was registered on 04 Aug 2025.
Charges
A charge with Others amounted to Rs. 50.00 Lakh with Charge ID 101050425 was registered on 31 Jan 2025.
AGM
Algor Supply Chain Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 36.00 Lakh with Charge ID 100984619 was registered on 30 Sep 2024.
Charges
A charge with Hdb Financial Services Limited amounted to Rs. 120.00 Lakh with Charge ID 100980029 was registered on 31 Aug 2024.
Charges
A charge with Hdb Financial Services Limited amounted to Rs. 82.00 Lakh with Charge ID 100980030 was registered on 24 Aug 2024.
Filing
Algor Supply Chain Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge with Others amounted to Rs. 129.00 Lakh with Charge ID 100871150 was registered on 14 Feb 2024.
Charges
A charge with Others amounted to Rs. 33.67 Lakh with Charge ID 100894371 was registered on 31 Jan 2024.
20 earlier events are in the company report.
Frequently asked questions
Algor Supply Chain Solutions is an active private limited company based in Thane, Maharashtra, India. The company works in land transportation, within the transportation industry. It was incorporated on 13 December 2015 (11+ years old) and is registered under CIN U60231MH2015PTC270949.
Algor Supply Chain Solutions has 5 current directors:
- Naveen Sahani - Director
- Vijaykumar Jainarayan Ghotia - Director
- Waseemali Muneerali Shah - Director
- Pravinbhai Bhanubhai Kansagara - Director
- Virendra Ramkishan Chaudhary - Director
The latest financial statements of Algor Supply Chain Solutions 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 2016 are in the company report.
The GSTIN of Algor Supply Chain Solutions is 27AANCA9923G1ZB, registered in Maharashtra. 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 Algor Supply Chain Solutions is U60231MH2015PTC270949. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Algor Supply Chain Solutions has 8 court cases on record: 4 filed by the company and 4 filed against it. 3 are pending.
Algor Supply Chain Solutions was incorporated on 13 December 2015, making it 11+ years old. It is registered with the Registrar of Companies, Mumbai.
Naveen Sahani ceased to be Additional Director on 31 Dec 2020. Waseemali Muneerali Shah ceased to be Additional Director on 31 Dec 2020. Naveen Sahani was appointed as Director on 18 Sep 2020. Algor Supply Chain Solutions has 7 board changes on record in total.
Yes, Algor Supply Chain Solutions is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-33-0063205).
Algor Supply Chain Solutions has 3 MSME Form 1 returns on record between 2021 and 2023, listing 17 overdue payments to 4 micro and small suppliers. The latest return was filed on 30 Aug 2023.
Algor Supply Chain Solutions can be reached through the website algor.in. Its registered office is in Thane, Maharashtra, India.