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 2 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 of Algor Supply Chain Solutions Private Limited
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
- EmailLocked
- TelephoneLocked
- 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
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
- One PDF report, delivered after checkout
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business Activity of Algor Supply Chain Solutions Private Limited
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 | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| H | Transport and storage | H1 | Land Transport via Road | Locked |
Premium access
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Algor Supply Chain Solutions Private Limited FY 2024 filings available
Algor 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) of Algor Supply Chain Solutions Private Limited
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 of Algor Supply Chain Solutions Private Limited
| 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 | ₹5.57 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.11 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 of Algor Supply Chain Solutions Private Limited
| 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) | •••• | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Algor Supply Chain Solutions are in the company report.
Premium access
Financial statements from FY 2016
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
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 |
Peer Comparison of Algor Supply Chain Solutions Private Limited
Algor Supply Chain Solutions Private Limited is compared with the companies closest to it by revenue in the Transport and Logistics industry (Third Party Logistics). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| VTC 3 PL Services Limited | ₹47.93 Cr (FY 2023) | •••• | •••• | 7.0% | •••• | Pune, Maharashtra, India |
| Happzee Technologies Private Limited | ₹44.94 Cr (FY 2025) | •••• | •••• | 64.0% | •••• | Hyderabad, Telangana, India |
| KCM Supply Chain Solution Private Limited | ₹44.21 Cr (FY 2025) | •••• | •••• | -7.0% | •••• | Bangalore, Karnataka, India |
| Samayat Services LLP | ₹41.99 Cr (FY 2024) | •••• | •••• | 22.0% | •••• | Gurugram, Haryana, India |
| Abhi Impact Logistics Solutions Private Limited | ₹40.42 Cr (FY 2025) | •••• | •••• | -21.0% | •••• | Pune, Maharashtra, India |
| Algor Supply Chain Solutions Private Limited this company | ₹39.79 Cr (FY 2024) | •••• | •••• | 12.0% | •••• | Thane, Maharashtra, India |
| Katson 3Pl Services Private Limited | ₹38.34 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Rajkot, Gujarat, India |
| Alliance Freight Carrier Private Limited | ₹37.84 Cr (FY 2024) | •••• | •••• | -1.0% | •••• | Hyderabad, Telangana, India |
| Elogcart Private Limited | ₹36.62 Cr (FY 2025) | •••• | •••• | 618.0% | •••• | Kolkata, West Bengal, India |
| BRV Logistics (India) Private Limited | ₹34.88 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | Bangalore, Karnataka, India |
| Origin Logistics Private Limited | ₹33.88 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Navi Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Algor Supply Chain Solutions by revenue in the Transport and Logistics industry (Third Party Logistics), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Algor Supply Chain Solutions Private Limited
Algor Supply Chain Solutions Private Limited is audited by KALPESH JAIN & ASSOCIATES for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| KALPESH JAIN & ASSOCIATES | Locked | Locked | Locked |
Premium access
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Algor Supply Chain Solutions Private Limited
Premium access
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Algor Supply Chain Solutions Private Limited
Open charges
₹16.89 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Aug 2025 | Others | ₹42.92 Lakh | Open |
| 06 Aug 2025 | Others | ₹56.34 Lakh | Open |
| 05 Aug 2025 | Others | ₹11.98 Lakh | Open |
| 04 Aug 2025 | Others | ₹1.17 Cr | Open |
| 31 Jan 2025 | Others | ₹50 Lakh | Open |
Total charge records: 22 View all charges
Legal Cases of Algor Supply Chain Solutions Private Limited
Algor Supply Chain Solutions Private Limited has 8 court cases on record: 4 filed by Algor Supply Chain Solutions, 2 filed against it, 2 where it is another party. 3 cases are pending and 5 are disposed. Status as checked between 30 Sep 2026 and 04 Oct 2026.
Total cases
8
Filed by the company
4
Filed against the company
2
Pending
3
Disposed
5
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 2 | 3 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South Goa, Goa | Criminal miscellaneous application | Filed by the company against Asia Pulp and Papers Private Limited | Disposed |
| 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 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 |
Premium access
Full case history
All 8 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 by Algor Supply Chain Solutions Private Limited
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 | •••• | •••• | •••• |
Premium access
Full MSME payment history
Every supplier, amount and due date from all 3 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Algor Supply Chain Solutions Private Limited
Algor Supply Chain Solutions Private Limited has a workforce of 43 employees as of Apr 05, 2024.
Employee count
43
Active EPFO establishments
1
Employee growth
4.88%
Premium access
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Algor Supply Chain Solutions Private Limited
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 listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Algor Supply Chain Solutions Private Limited
Premium access
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Algor Supply Chain Solutions Private Limited
Premium access
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Algor Supply Chain Solutions Private Limited
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 |
Premium access
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Algor Supply Chain Solutions Private Limited
Premium access
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Algor Supply Chain Solutions Private Limited
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 reported revenue of ₹39.79 Cr for FY 2024 (up 12% YoY).
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
Algor Supply Chain Solutions reported a net loss of ₹1.11 Cr (net margin -2.8%) and EBITDA of ₹5.57 Cr (EBITDA margin 14%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Algor Supply Chain Solutions is 13% over three years and 23% over five years. In the latest year (FY 2024) revenue rose 12%. CAGR is the steady yearly rate that links the first and the last year.
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 2 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.
The peers of Algor Supply Chain Solutions by revenue are VTC 3 PL Services Limited, Happzee Technologies Private Limited, KCM Supply Chain Solution Private Limited, Samayat Services LLP, Abhi Impact Logistics Solutions Private Limited and 5 more, all in the Transport and Logistics industry (Third Party Logistics).
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).