- Category
- Small (2024-25)
- Udyam number
- UDYAM-WB-10-0018862

Apana Logistics Limited
About Apana Logistics Limited
Data last updated:
Apana Logistics Limited is a public limited company based in Kolkata, West Bengal, India. It operates in the carriers services segment of the transport and logistics sector. It was incorporated on 22 January 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U51909WB1992PLC054214. Its GSTIN is 27AAECS7444R1ZJ (Maharashtra). The company holds 3 GST registrations, of which 1 is active. It is a listed company as per MCA records. Its shares are listed on BSE: 544910.
The company has an authorised share capital of ₹18 Cr and a paid-up capital of ₹11.82 Cr. It was formerly known as Surya Top Sale Pvt Ltd and Surya Top Sale Pvt Ltd. It is led by directors including Pratyaksh Sureka (Managing Director) and Vasant Vitthal Dongre (Whole-Time Director).
Its last annual general meeting (AGM) was held on 25 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 11A Rajshree6 Hastings Park Road, Kolkata, West Bengal, India – 700027.
As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹30.85 Cr, a growth of 43.9% compared to the previous year. For the same year it recorded a net profit of ₹5.86 Cr (net margin 19%) and EBITDA of ₹11.33 Cr (EBITDA margin 36.7%). The net worth stands at ₹20.27 Cr (up 40.7% YoY). Total assets are valued at ₹26.62 Cr (up 18.8% YoY).
The company has about 28 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹19.33 Cr and satisfied charges of ₹52.71 Cr on record. Court records list 14 cases involving the company, including 8 filed by the company and 6 filed against it; 4 cases are pending. The company has 1 deal on record (1 ipo); the latest was in September 2026. Its 8 peer companies in the Transport and Logistics industry (Diversified Logistics), with the same principal business activity (land transport via road) are compared by revenue, 3 larger and 5 smaller; the largest is JSD Airavat Infracon Private Limited with revenue of ₹23.87 Cr.
Apana Logistics Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-WB-10-0018862). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Name history
Apana Logistics has undergone 3 name changes throughout its history. The company was previously known as Surya Top Sale Pvt Ltd, Surya Top Sale Pvt Ltd., and Apana Logistics Limited. The current legal name is Apana Logistics Limited.
| Company Name | Status |
|---|---|
| Apana Logistics Limited | Current |
| Surya Top Sale Pvt Ltd | Previous |
| Surya Top Sale Pvt Ltd. | Previous |
CIN history
Apana Logistics has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U51909WB1992PLC054214, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51909WB1992PLC054214 | Current |
| U51909WB1992PTC054214 | Previous |
| U57102WB1992PTC054214 | Previous |
Recognitions & Rankings of Apana Logistics
Contact details
Apana Logistics Limited's registered office is in Kolkata, West Bengal.
- Registered Address11A Rajshree6 Hastings Park Road, Kolkata, West Bengal, India – 700027
- IndustryTransport and Logistics, Carriers Services
- 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
Financials of Apana Logistics Limited
FY 2025-26 filings availableApana Logistics Limited reported revenue of ₹30.85 Cr (up 43.9% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · StandaloneRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|---|
| Income statement | ||||
| Revenue | 30.85 | 21.44 | 20.10 | 27.14 |
| Revenue growth | +43.9% | +6.7% | -25.9% | - |
| EBITDA | 11.33 | 6.17 | 4.76 | 3.17 |
| EBITDA margin | +36.7% | +28.8% | +23.7% | +11.7% |
| Profit before tax | 9.22 | 4.37 | 4.12 | 1.86 |
| Net profit | 5.86 | 3.11 | 3.01 | 1.31 |
| Net profit margin | +19.0% | +14.5% | +15.0% | +4.8% |
| EPS (₹) | 4.96 | 2.63 | 15.24 | 6.60 |
| Balance sheet | ||||
| Total assets | 26.62 | 22.41 | 21.13 | 10.64 |
| Net worth | 20.27 | 14.41 | 11.87 | 8.87 |
| Total debt | 6.30 | 8.00 | 9.26 | 1.77 |
| Cash & bank | 0.66 | 1.38 | 1.55 | 0.93 |
| Net working capital | 5.95 | 3.00 | 6.68 | 3.40 |
| Cash flow | ||||
| Cash from operations | 6.06 | 8.18 | 2.56 | 1.64 |
| Cash from investing | (4.00) | (6.08) | (7.63) | (0.48) |
| Cash from financing | (2.78) | (2.28) | 5.69 | (2.22) |
Financial Statements
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|---|
| Revenue | 30.85 | 21.44 | 20.10 | 27.14 |
| Revenue growth | +43.9% | +6.7% | -25.9% | - |
| Other income | 0.22 | 0.18 | 0.23 | 0.13 |
| Total expenses | 19.52 | 15.27 | 15.34 | 23.97 |
| Employee cost | 2.74 | 3.10 | 2.99 | 3.76 |
| EBITDA | 11.33 | 6.17 | 4.76 | 3.17 |
| EBITDA margin | +36.7% | +28.8% | +23.7% | +11.7% |
| Depreciation | 1.23 | 0.94 | 0.52 | 1.09 |
| Interest | 1.10 | 1.04 | 0.35 | 0.35 |
| Profit before tax | 9.22 | 4.37 | 4.12 | 1.86 |
| Tax | 3.36 | 1.26 | 1.11 | 0.55 |
| Net profit | 5.86 | 3.11 | 3.01 | 1.31 |
| Net profit margin | +19.0% | +14.5% | +15.0% | +4.8% |
| EPS (₹) | 4.96 | 2.63 | 15.24 | 6.60 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|---|
| Equity & liabilities | ||||
| Share capital | 11.82 | 11.82 | 1.97 | 1.97 |
| Reserves & surplus | 8.45 | 2.59 | 9.90 | 6.90 |
| Shareholders' funds (net worth) | 20.27 | 14.41 | 11.87 | 8.87 |
| Secured loans | 5.94 | 7.83 | 9.26 | 1.77 |
| Unsecured loans | 0.36 | 0.17 | 0.00 | 0.00 |
| Total debt | 6.30 | 8.00 | 9.26 | 1.77 |
| Total liabilities | 26.62 | 22.41 | 21.13 | 10.64 |
| Assets | ||||
| Gross block | 29.68 | 25.47 | 22.56 | 14.56 |
| Net block | 19.37 | 16.39 | 14.42 | 6.94 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.02 | 0.02 | 0.02 | 0.73 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 |
| Sundry debtors | 6.92 | 4.07 | 3.61 | 2.45 |
| Cash & bank balances | 0.66 | 1.38 | 1.55 | 0.93 |
| Loans & advances | 5.34 | 2.55 | 4.75 | 3.40 |
| Total current assets | 12.92 | 8.00 | 9.91 | 6.78 |
| Total current liabilities | 6.97 | 5.00 | 3.23 | 3.38 |
| Net working capital | 5.95 | 3.00 | 6.68 | 3.40 |
| Total assets | 26.62 | 22.41 | 21.13 | 10.64 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|---|
| Opening cash | 1.38 | 1.55 | 0.93 | 1.98 |
| Net cash from operating activities | 6.06 | 8.18 | 2.56 | 1.64 |
| Net cash from investing activities | (4.00) | (6.08) | (7.63) | (0.48) |
| Net cash from financing activities | (2.78) | (2.28) | 5.69 | (2.22) |
| Net change in cash | (0.72) | (0.17) | 0.62 | (1.05) |
| Closing cash | 0.66 | 1.38 | 1.55 | 0.93 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|---|
| Growth | ||||
| Sales growth | +43.9% | +6.7% | -25.9% | - |
| EBITDA growth | +83.6% | +29.6% | +50.2% | - |
| PBT growth | +111.0% | +6.1% | +121.5% | +9997.0% |
| Net income growth | +88.4% | +3.3% | +129.8% | - |
| Revenue CAGR (3Y) | +4.4% | - | - | - |
| EBITDA CAGR (3Y) | +52.9% | - | - | - |
| Profitability & leverage | ||||
| Net income margin | +19.0% | +14.5% | +15.0% | +4.8% |
| Return on capital employed | +42.1% | +24.9% | +28.1% | +20.7% |
| Return on net worth | +33.8% | +23.7% | +28.9% | +14.7% |
| Debt / equity | 0.41 | 0.66 | 0.53 | 0.20 |
| Long-term debt / equity | 0.29 | 0.49 | 0.37 | 0.09 |
| Interest cover | 10.89 | 19.89 | 8.25 | 16.83 |
| Efficiency & per share | ||||
| Fixed asset turnover | 1.12 | 0.89 | 1.08 | 1.86 |
| Inventory turnover | 0.00 | 0.00 | 0.00 | 0.00 |
| Debtors turnover | 5.61 | 5.58 | 6.63 | 11.08 |
| EPS (₹) | 4.96 | 2.63 | 15.24 | 6.60 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 17.15 | 12.19 | 60.25 | 45.01 |
To see the full year-wise statements and ratios of Apana Logistics Limited, buy the company report.
Board of directors of Apana Logistics Limited
Apana Logistics has 5 current directors and 15 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pawanlata Kaul Mam | Director | 10 May 2025 | 1 Years 5 Months | Current |
| Farzan Ness Ghadially Also directs: Vighanharta Eternal Resources LLP, Trikazata Ventures Private Limited, Moneypackers India Private Limited and 2 more | Director | 09 Jan 2025 | 1 Years 9 Months | Current |
| Shankar Viswanathan | Director | 09 Jan 2025 | 1 Years 9 Months | Current |
| Vasant Vitthal Dongre Also directs: Freightrans Logistics Private Limited | Whole-Time Director | 13 Dec 2024 | 1 Years 10 Months | Current |
| Pratyaksh Sureka | Managing Director | 01 Mar 2024 | 2 Years 8 Months | Current |
Peer comparison
Apana Logistics Limited is compared with the 8 companies closest to it by revenue in the Transport and Logistics industry (Diversified Logistics), with the same principal business activity (land transport via road), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Apana Logistics Limitedthis company | ₹30.85 Cr (FY 2026) | ₹5.86 Cr | 19% | 43.9% | Kolkata, West Bengal, India | |
| JSD Airavat Infracon Private Limited | ₹23.87 Cr (FY 2025) | 7.0% | Korba, Chhattisgarh, India | |||
| Abhishek World Logistics Private Limited | ₹23.81 Cr (FY 2025) | -33.0% | Delhi, India | |||
| Procam Worldwide Logistics Private Limited | ₹23.81 Cr (FY 2025) | -16.0% | New Dehli, Delhi, India | |||
| Asian Supply Chain Solutions Private Limited | ₹23.78 Cr (FY 2024) | 4.0% | New Delhi, Delhi, India | |||
| Bindya Cargo Private Limited | ₹23.74 Cr (FY 2024) | -28.0% | Bangalore, Karnataka, India | |||
| AAA Supply Chain Solutions Private Limited | ₹23.73 Cr (FY 2025) | 66.0% | Thane, Maharashtra, India | |||
| Exprezy Logistics Private Limited | ₹23.73 Cr (FY 2025) | 11.0% | Kolkata, West Bengal, India | |||
| Maheshwari Transport Agency Private Limited | ₹23.72 Cr (FY 2025) | 10.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Apana Logistics Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Jan 2024 | 100845265 | Others | ₹2.78 Cr | Open | |
| 06 Jan 2024 | 100858997 | Others | ₹2.78 Cr | Open | |
| 03 Nov 2023 | 100810557 | Others | ₹25 Lakh | Open | |
| 31 Oct 2023 | 100803581 | Others | ₹2.81 Cr | Open | |
| 02 Jun 2023 | 100742655 | Others | ₹10 Lakh | Open |
To see the full charge records of Apana Logistics Limited, buy the company report.
Total charge records: 17 View all charges
Deals & funding
Apana Logistics Limited has 1 deal on record (1 ipo); the latest was in September 2026.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2026 | IPO | ₹34.14 Cr | Investors: Public Market Investors |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Apana Logistics Limited has 14 court cases on record: 8 filed by Apana Logistics, 6 filed against it. 4 cases are pending and 10 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 10 | 6 | 4 |
| High courts | 4 | 0 | 0 |
Cases on record (5 of 14)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Court case (CARBP) | Filed by the company against Container Corporation of India Ltd. | Disposed |
| Bombay High Court | Court case (CARBP) | Filed by the company against Container Corporation of India Ltd | Disposed |
| Bombay High Court | Court case (CARAP) | Filed by the company against Container Corporation of India Ltd. | Disposed |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Srei Equipment Finance Ltd | Disposed |
| District court, Calcutta, West Bengal | Court case (TS) | Filed by the company against Srei Equipments Finance Limited | Pending |
To see the full case history of Apana Logistics 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 Apana Logistics Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Apana Logistics has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECS7444R1ZJ | Maharashtra | Active | 30 Jul 2017 |
To see the full GST registrations and return filing status of Apana Logistics Limited, buy the company report.
Recent activity
Apana Logistics Limited has 20 board changes on record since 2011: 5 appointments and 15 cessations. The latest: Vivek Anand Singh ceased to be Director on 17 Aug 2025.
31 earlier events are in the company report.
Frequently asked questions
Apana Logistics is an active public limited company based in Kolkata, West Bengal, India. The company works in carriers services, within the transport and logistics industry. It was incorporated on 22 January 1992 (34+ years old) and is registered under CIN U51909WB1992PLC054214. Listed on BSE: 544910.
Apana Logistics reported revenue of ₹30.85 Cr for FY 2025-26 (up 43.9% YoY) based on standalone financials.
Apana Logistics has 5 current directors:
- Pratyaksh Sureka - Managing Director
- Vasant Vitthal Dongre - Whole-Time Director
- Pawanlata Kaul Mam - Director
- Farzan Ness Ghadially - Director
- Shankar Viswanathan - Director
The latest financial statements of Apana Logistics on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 25 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Apana Logistics is 27AAECS7444R1ZJ, registered in Maharashtra. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Apana Logistics is U51909WB1992PLC054214. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Apana Logistics is a listed company as per MCA records. Its shares are listed on BSE (code: 544910).
Apana Logistics has 14 court cases on record: 8 filed by the company and 6 filed against it. 4 are pending. Most are in the district courts.
Apana Logistics was incorporated on 22 January 1992, making it 34+ years old. It is registered with the Registrar of Companies, Kolkata.
Apana Logistics has 1 deal on record (1 ipo); the latest was in September 2026.
The peers of Apana Logistics by revenue are JSD Airavat Infracon Private Limited, Abhishek World Logistics Private Limited, Procam Worldwide Logistics Private Limited, Asian Supply Chain Solutions Private Limited, Bindya Cargo Private Limited and 3 more, all in the Transport and Logistics industry (Diversified Logistics), with the same principal business activity (land transport via road).

