Apar Logistics & Solutions Private Limited
About Apar Logistics & Solutions Private Limited
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Apar Logistics & Solutions Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the cold storage and warehousing services segment of the transport and logistics sector. It was incorporated on 20 July 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74900MH2012PTC233587. Its GSTIN is 27AAKCA7563K2Z4 (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 Mangalagowri Raghavan and Raghavan Balasubramanian.
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 1/A/4 Vijay Vihar Sion Trombay Road Chembur, Mumbai, Maharashtra, India – 400071.
As per the financials filed for FY 2020, the company reported a revenue of ₹13.61 Lakh, a decline of 85% compared to the previous year. For the same year it recorded a net loss of ₹13.49 Lakh (net margin -99.1%) and EBITDA of ₹3.4 Lakh (EBITDA margin 25%). Revenue has declined at a compounded annual rate (CAGR) of 47% over three years.
As per MCA filings, the company has open charges of ₹3 Cr on record. Court records list 8 cases involving the company, including 8 filed against it; 2 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Apar Logistics & Solutions Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address1/A/4 Vijay Vihar Sion Trombay Road Chembur, Mumbai, Maharashtra, India – 400071
- IndustryTransport and Logistics, Cold Storage & Warehousing Services
To see the full contact details of Apar Logistics & Solutions 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 Apar Logistics & Solutions is transport and storage. In detail, this covers warehousing and storage.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transport and storage | H6 | Warehousing and storage |
To see the full business activity and turnover split of Apar Logistics & Solutions Private Limited, buy the company report.
Financials of Apar Logistics & Solutions Private Limited
FY 2020 filings availableApar Logistics & Solutions Private Limited reported revenue of ₹13.61 Lakh (down 85% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 47% over three years, including a 85% fall in the latest year. EBITDA fell 84% 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 | |||||
| Other Income | |||||
| Total Revenue | ₹13.61 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹3.4 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹13.49 Lakh | ||||
| 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 | 25% | ||||
| Net Profit Margin | -99.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Apar Logistics & Solutions Private Limited, buy the company report.
Board of directors of Apar Logistics & Solutions Private Limited
Apar Logistics & Solutions has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mangalagowri Raghavan | Director | 11 Jan 2021 | 5 Years 9 Months | Current |
| Raghavan Balasubramanian | Director | 20 Jul 2012 | 14 Years 3 Months | Current |
| Pratap Mahabal Anchan | Director | 20 Jul 2012 | 14 Years 3 Months | Current |
Auditor
Apar Logistics & Solutions Private Limited is audited by ANURAG R GUPTA AND ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ANURAG R GUPTA AND ASSOCIATES | FY 2020 | 125008W |
Shareholding
The shareholding of Apar Logistics & Solutions Private Limited is on record for 2 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Apar Logistics & Solutions Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Mar 2013 | 10425569 | Punjab National Bank | ₹3 Cr | Open |
Total charge records: 1 View all charges
Legal cases
Apar Logistics & Solutions Private Limited has 8 court cases on record: 8 filed against it. 2 cases are pending and 6 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 7 | 7 | 1 |
| District courts | 1 | 1 | 1 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed against the company by Aamirav Ingredients and Specialties Pvt Ltd | Pending |
| High Court, MAHARASHTRA | Writ petition | Filed against the company by Uflex Limited | Pending |
| Bombay High Court | Arbitration matter | Filed against the company by Icici Lombard General Insurance Company Ltd. | Disposed |
| High Court, MAHARASHTRA | Commercial suit | Filed against the company by Aamirav Ingredients and Specialties Pvt Ltd | Disposed |
| High Court, MAHARASHTRA | Interim or miscellaneous application | Filed against the company by Aamirav Ingredients and Specialties Pvt Ltd | Disposed |
To see the full case history of Apar Logistics & 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
No delayed payments to MSME suppliers are on our record for Apar Logistics & Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Apar Logistics & Solutions has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAKCA7563K2Z4 | Maharashtra | Active | 03 Jul 2017 |
To see the full GST registrations and return filing status of Apar Logistics & Solutions Private Limited, buy the company report.
Recent activity
Apar Logistics & Solutions Private Limited has 4 board changes on record since 2012: 3 appointments and 1 cessation. The latest: Mangalagowri Raghavan was appointed as Director on 11 Jan 2021.
Frequently asked questions
Apar Logistics & Solutions is an active private limited company based in Mumbai, Maharashtra, India. The company works in cold storage and warehousing services, within the transport and logistics industry. It was incorporated on 20 July 2012 (14+ years old) and is registered under CIN U74900MH2012PTC233587.
Apar Logistics & Solutions has 3 current directors:
- Mangalagowri Raghavan - Director
- Raghavan Balasubramanian - Director
- Pratap Mahabal Anchan - Director
The latest financial statements of Apar Logistics & Solutions 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 Apar Logistics & Solutions is 27AAKCA7563K2Z4, 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 Apar Logistics & Solutions is U74900MH2012PTC233587. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Apar Logistics & Solutions has 8 court cases on record: 8 filed against it. 2 are pending. Most are in the high courts.
Apar Logistics & Solutions was incorporated on 20 July 2012, making it 14+ years old. It is registered with the Registrar of Companies, Mumbai.
Mangalagowri Raghavan was appointed as Director on 11 Jan 2021. Amol Eknath Tandel ceased to be Director on 26 Mar 2019. Pratap Mahabal Anchan was appointed as Director on 20 Jul 2012. Apar Logistics & Solutions has 4 board changes on record in total.
The registered office of Apar Logistics & Solutions is at 1A4 Vijay Vihar Sion Trombay Road Chembur, Mumbai, Maharashtra, India – 400071.
Apar Logistics & Solutions operates in the transport and logistics industry, in the cold storage and warehousing services segment.
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