MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-01-0031884
Market Cap
₹81.34 Cr
ASHALOG-SM · NSE
Share Price
₹63.30
+5.50% today
Revenue
₹319 Cr
FY 2025-26 · +37.9% YoY
EBITDA
₹29.58 Cr
Margin 9.3%
Net Profit
₹8.97 Cr
FY 2025-26 · -27.1% YoY
P/E (TTM)
9.1x
P/B 0.6x
ROE
6.7%
ROCE 9.6%
Debt / Equity
0.52
Interest cover 34.0x
About Ashapura Logistics Limited
Data last updated:
Ashapura Logistics Limited is a public limited company based in Ahmedabad, Gujarat, India. It operates in the integrated logistics and supply chain solutions segment of the transport and logistics sector. It was incorporated on 02 April 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN L63090GJ2002PLC040596. Its GSTIN is 24AADCA4633M1ZP (Gujarat). The company holds 6 GST registrations, of which 5 are active. Its shares are listed on NSE: ASHALOG.
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹13.56 Cr. It was formerly known as Ashapura Forwarders Private Limited. It is led by directors including Sujith Chandrasekhar Kurup (Managing Director) and Chitra Sujith Kurup (Whole-Time Director).
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at B – 902 Shapath Hexa Opp. High Court S.G.Highway Sola, Ahmedabad, Gujarat, India – 380060.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹318.58 Cr, a growth of 37.9% compared to the previous year. For the same year it recorded a net profit of ₹8.97 Cr (net margin 2.8%) and EBITDA of ₹29.58 Cr (EBITDA margin 9.3%). The net worth stands at ₹139.33 Cr (up 6.9% YoY). Total assets are valued at ₹220.36 Cr (up 13.3% YoY).
The company has about 198 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Ashapura. As per MCA filings, the company has open charges of ₹134.04 Cr and satisfied charges of ₹26.89 Cr on record. Court records list 20 cases involving the company, including 7 filed by the company and 11 filed against it; 10 cases are pending.
Ashapura Logistics Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0031884). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ashapura.in.
Company Details of Ashapura Logistics Limited
CIN L63090GJ2002PLC040596
Registration Number 040596
Incorporation Date 02 April 2002
ROC Ahmedabad
Listing Status Listed (NSE: ASHALOG)
Company Status Active
Date of Last AGM 29 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-01-0031884
CIN History of Ashapura Logistics Limited
Ashapura Logistics has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L63090GJ2002PLC040596, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L63090GJ2002PLC040596 | Current |
| U63090GJ2002PLC040596 | Previous |
| U63090GJ2002PTC040596 | Previous |
Key People
Sujith Chandrasekhar Kurup Managing Director Chitra Sujith Kurup Whole-Time Director Thomaskutty Varghese Director Recognitions & Rankings of Ashapura Logistics
Contact Details
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social Media
- Registered AddressB – 902 Shapath Hexa Opp. High Court S.G.Highway Sola, Ahmedabad, Gujarat, India – 380060
- IndustryTransport and Logistics, Integrated & Diversified Logistics Services
Comprehensive company report
Ashapura Logistics Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
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Associated Brands with Ashapura Logistics Limited
Ashapura Logistics operates one associated brand: Ashapura. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Ashapura Logistics Limited is engaged in global cargo transportation and logistics. | ashapura.in |
Business Activity of Ashapura Logistics Limited
The main business activity of Ashapura Logistics is transport and storage. In detail, this covers warehousing and storage.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| H | Transport and storage | H6 | Warehousing and storage | 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 Ashapura Logistics Limited FY 2025-26 filings available
Ashapura Logistics Limited reported revenue of ₹318.58 Cr (up 37.9% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue
₹319 Cr
+37.9% YoY
EBITDA
₹29.58 Cr
+13.0% YoY
Profit After Tax
₹8.97 Cr
-27.1% YoY
Net Worth
₹139 Cr
+6.9% YoY
Total Assets
₹220 Cr
+13.3% YoY
Total Debt
₹78.89 Cr
+27.2% YoY
Revenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Income statement | |||||
| Revenue | 319 | 231 | 199 | 222 | 227 |
| Revenue growth | +37.9% | +16.1% | -10.3% | -2.3% | - |
| EBITDA | 29.58 | 26.17 | 26.61 | 22.48 | 21.23 |
| EBITDA margin | +9.3% | +11.3% | +13.4% | +10.1% | +9.4% |
| Profit before tax | 13.31 | 16.67 | 16.64 | 12.62 | 10.25 |
| Net profit | 8.97 | 12.31 | 12.32 | 9.40 | 7.82 |
| Net profit margin | +2.8% | +5.3% | +6.2% | +4.2% | +3.5% |
| EPS (₹) | 6.65 | 9.06 | 12.48 | 256.65 | 212.38 |
| Balance sheet | |||||
| Total assets | 220 | 195 | 109 | 85.26 | 83.17 |
| Net worth | 139 | 130 | 65.36 | 47.97 | 38.52 |
| Total debt | 78.89 | 62.02 | 41.48 | 35.11 | 42.84 |
| Cash & bank | 3.58 | 4.01 | 5.66 | 1.53 | 0.97 |
| Net working capital | 123 | 118 | 73.25 | 53.00 | 48.47 |
| Cash flow | |||||
| Cash from operations | 22.88 | (21.03) | 5.99 | 15.57 | 21.15 |
| Cash from investing | (33.67) | (49.69) | (9.50) | (4.06) | (6.69) |
| Cash from financing | 10.36 | 69.07 | 7.64 | (10.96) | (14.74) |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Income statement | ||||||
| Revenue | 251 | 176 | 145 | 172 | 148 | 137 |
| Revenue growth | +43.1% | +21.0% | -15.4% | +16.1% | +7.7% | - |
| EBITDA | 22.58 | 16.07 | 15.02 | 13.96 | 12.91 | 13.88 |
| EBITDA margin | +9.0% | +9.2% | +10.4% | +8.1% | +8.7% | +10.1% |
| Profit before tax | 9.13 | 9.52 | 9.57 | 9.73 | 7.86 | 9.87 |
| Net profit | 6.49 | 7.04 | 7.03 | 7.29 | 5.86 | 7.32 |
| Net profit margin | +2.6% | +4.0% | +4.9% | +4.3% | +4.0% | +5.3% |
| EPS (₹) | 4.78 | 5.17 | 7.12 | 197.95 | 158.93 | 200.39 |
| Balance sheet | ||||||
| Total assets | 194 | 171 | 92.96 | 70.88 | 64.66 | 53.14 |
| Net worth | 118 | 112 | 51.93 | 39.87 | 32.59 | 26.74 |
| Total debt | 75.04 | 58.69 | 39.62 | 29.35 | 31.96 | 26.40 |
| Cash & bank | 1.41 | 2.19 | 5.14 | 0.70 | 0.62 | 0.26 |
| Net working capital | 98.83 | 99.26 | 64.08 | 49.42 | 48.01 | 37.73 |
| Cash flow | ||||||
| Cash from operations | 19.63 | (24.07) | 2.41 | 10.02 | 0.96 | 9.67 |
| Cash from investing | (30.35) | (49.47) | (8.25) | (3.08) | (1.81) | (0.28) |
| Cash from financing | 9.94 | 70.58 | 10.28 | (6.56) | 1.21 | (10.40) |
Financial Statements
Figures in ₹ Cr; negatives in brackets. Updated 21 Oct 2026
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Revenue | 319 | 231 | 199 | 222 | 227 |
| Revenue growth | +37.9% | +16.1% | -10.3% | -2.3% | - |
| Other income | 0.70 | 1.66 | 0.34 | 0.79 | 0.17 |
| Total expenses | 289 | 205 | 172 | 199 | 206 |
| Employee cost | 15.37 | 14.25 | 11.23 | 10.58 | 8.75 |
| EBITDA | 29.58 | 26.17 | 26.61 | 22.48 | 21.23 |
| EBITDA margin | +9.3% | +11.3% | +13.4% | +10.1% | +9.4% |
| Depreciation | 10.46 | 7.02 | 6.61 | 6.79 | 5.65 |
| Interest | 6.51 | 4.14 | 3.70 | 3.86 | 5.50 |
| Profit before tax | 13.31 | 16.67 | 16.64 | 12.62 | 10.25 |
| Tax | 4.25 | 4.29 | 4.27 | 3.14 | 2.35 |
| Net profit | 8.97 | 12.31 | 12.32 | 9.40 | 7.82 |
| Net profit margin | +2.8% | +5.3% | +6.2% | +4.2% | +3.5% |
| EPS (₹) | 6.65 | 9.06 | 12.48 | 256.65 | 212.38 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Equity & liabilities | |||||
| Share capital | 13.56 | 13.56 | 9.90 | 0.37 | 0.37 |
| Reserves & surplus | 126 | 117 | 55.46 | 47.60 | 38.15 |
| Shareholders' funds (net worth) | 139 | 130 | 65.36 | 47.97 | 38.52 |
| Minority interest | 0.54 | 0.49 | 0.42 | 0.43 | 0.43 |
| Secured loans | 78.74 | 61.86 | 40.98 | 34.61 | 42.27 |
| Unsecured loans | 0.15 | 0.16 | 0.50 | 0.50 | 0.57 |
| Total debt | 78.89 | 62.02 | 41.48 | 35.11 | 42.84 |
| Total liabilities | 220 | 195 | 109 | 85.26 | 83.17 |
| Assets | |||||
| Gross block | 123 | 105 | 73.64 | 64.28 | 60.98 |
| Net block | 63.99 | 56.63 | 31.88 | 28.93 | 32.42 |
| Capital work in progress | 27.22 | 5.82 | 0.21 | 0.00 | 0.00 |
| Investments | 0.03 | 5.08 | 0.00 | 0.12 | 0.14 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sundry debtors | 98.86 | 94.09 | 70.61 | 56.16 | 65.49 |
| Cash & bank balances | 3.58 | 4.01 | 5.66 | 1.53 | 0.97 |
| Loans & advances | 51.09 | 37.50 | 14.32 | 14.04 | 13.68 |
| Total current assets | 154 | 136 | 90.59 | 71.73 | 80.14 |
| Total current liabilities | 31.00 | 17.57 | 17.34 | 18.73 | 31.67 |
| Net working capital | 123 | 118 | 73.25 | 53.00 | 48.47 |
| Total assets | 220 | 195 | 109 | 85.26 | 83.17 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Opening cash | 4.01 | 5.66 | 1.53 | 0.97 | 1.24 |
| Net cash from operating activities | 22.88 | (21.03) | 5.99 | 15.57 | 21.15 |
| Net cash from investing activities | (33.67) | (49.69) | (9.50) | (4.06) | (6.69) |
| Net cash from financing activities | 10.36 | 69.07 | 7.64 | (10.96) | (14.74) |
| Net change in cash | (0.43) | (1.65) | 4.13 | 0.56 | (0.27) |
| Closing cash | 3.58 | 4.01 | 5.66 | 1.53 | 0.97 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Growth | |||||
| Sales growth | +37.9% | +16.1% | -10.3% | -2.3% | - |
| EBITDA growth | +13.0% | -1.7% | +18.4% | +5.9% | - |
| PBT growth | -20.2% | +0.2% | +31.9% | +23.1% | +9997.0% |
| Net income growth | -27.1% | -0.1% | +31.1% | +20.2% | - |
| Revenue CAGR (3Y) | +12.8% | +0.6% | - | - | - |
| EBITDA CAGR (3Y) | +9.6% | +7.2% | - | - | - |
| Profitability & leverage | |||||
| Net income margin | +2.8% | +5.4% | +6.2% | +4.3% | +3.5% |
| Return on capital employed | +9.6% | +13.8% | +21.0% | +19.7% | +19.0% |
| Return on net worth | +6.7% | +12.6% | +21.8% | +21.9% | +20.5% |
| Debt / equity | 0.52 | 0.53 | 0.68 | 0.90 | 1.11 |
| Long-term debt / equity | 0.10 | 0.13 | 0.21 | 0.30 | 0.43 |
| Interest cover | 34.05 | 21.62 | 18.50 | 24.60 | 35.30 |
| Efficiency & per share | |||||
| Fixed asset turnover | 2.79 | 2.58 | 2.89 | 3.54 | 3.72 |
| Inventory turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debtors turnover | 3.30 | 2.80 | 3.14 | 3.65 | 3.47 |
| EPS (₹) | 6.65 | 9.06 | 12.48 | 256.65 | 212.38 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 102.78 | 96.13 | 66.03 | 1,303.42 | 1,046.77 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Revenue | 251 | 176 | 145 | 172 | 148 | 137 |
| Revenue growth | +43.1% | +21.0% | -15.4% | +16.1% | +7.7% | - |
| Other income | 1.44 | 2.28 | 0.74 | 0.46 | 0.09 | 0.30 |
| Total expenses | 229 | 159 | 130 | 158 | 135 | 123 |
| Employee cost | 12.01 | 11.59 | 9.01 | 9.29 | 7.34 | 7.59 |
| EBITDA | 22.58 | 16.07 | 15.02 | 13.96 | 12.91 | 13.88 |
| EBITDA margin | +9.0% | +9.2% | +10.4% | +8.1% | +8.7% | +10.1% |
| Depreciation | 8.48 | 4.85 | 2.91 | 1.76 | 1.47 | 1.95 |
| Interest | 6.41 | 3.98 | 3.28 | 2.93 | 3.67 | 2.36 |
| Profit before tax | 9.13 | 9.52 | 9.57 | 9.73 | 7.86 | 9.87 |
| Tax | 2.64 | 2.48 | 2.52 | 2.44 | 2.00 | 2.52 |
| Net profit | 6.49 | 7.04 | 7.03 | 7.29 | 5.86 | 7.32 |
| Net profit margin | +2.6% | +4.0% | +4.9% | +4.3% | +4.0% | +5.3% |
| EPS (₹) | 4.78 | 5.17 | 7.12 | 197.95 | 158.93 | 200.39 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Equity & liabilities | ||||||
| Share capital | 13.56 | 13.56 | 9.90 | 0.37 | 0.37 | 0.37 |
| Reserves & surplus | 105 | 98.04 | 42.03 | 39.50 | 32.22 | 26.37 |
| Shareholders' funds (net worth) | 118 | 112 | 51.93 | 39.87 | 32.59 | 26.74 |
| Secured loans | 74.93 | 61.16 | 39.17 | 28.90 | 3.41 | 4.11 |
| Unsecured loans | 0.11 | (2.47) | 0.45 | 0.45 | 28.55 | 22.29 |
| Total debt | 75.04 | 58.69 | 39.62 | 29.35 | 31.96 | 26.40 |
| Total liabilities | 194 | 171 | 92.96 | 70.88 | 64.66 | 53.14 |
| Assets | ||||||
| Gross block | 82.49 | 65.86 | 35.94 | 27.75 | 25.65 | 23.75 |
| Net block | 49.85 | 41.70 | 16.63 | 11.15 | 10.80 | 10.37 |
| Capital work in progress | 27.22 | 5.82 | 0.21 | 0.00 | 0.00 | 0.00 |
| Investments | 4.34 | 9.39 | 4.31 | 4.48 | 3.48 | 3.57 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sundry debtors | 84.87 | 81.99 | 58.88 | 52.30 | 48.96 | 55.88 |
| Cash & bank balances | 1.41 | 2.19 | 5.14 | 0.70 | 0.62 | 0.26 |
| Loans & advances | 37.85 | 26.34 | 10.86 | 9.58 | 19.90 | 8.60 |
| Total current assets | 124 | 111 | 74.88 | 62.58 | 69.48 | 64.74 |
| Total current liabilities | 25.30 | 11.26 | 10.80 | 13.16 | 21.47 | 27.01 |
| Net working capital | 98.83 | 99.26 | 64.08 | 49.42 | 48.01 | 37.73 |
| Total assets | 194 | 171 | 92.96 | 70.88 | 64.66 | 53.14 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Opening cash | 2.19 | 5.14 | 0.70 | 0.31 | 0.26 | 1.27 |
| Net cash from operating activities | 19.63 | (24.07) | 2.41 | 10.02 | 0.96 | 9.67 |
| Net cash from investing activities | (30.35) | (49.47) | (8.25) | (3.08) | (1.81) | (0.28) |
| Net cash from financing activities | 9.94 | 70.58 | 10.28 | (6.56) | 1.21 | (10.40) |
| Net change in cash | (0.78) | (2.96) | 4.44 | 0.39 | 0.37 | (1.01) |
| Closing cash | 1.41 | 2.19 | 5.14 | 0.70 | 0.62 | 0.26 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Growth | ||||||
| Sales growth | +43.1% | +21.0% | -15.4% | +16.1% | +7.7% | - |
| EBITDA growth | +40.5% | +7.0% | +7.6% | +8.1% | -7.0% | - |
| PBT growth | -4.1% | -0.5% | -1.6% | +23.8% | -20.4% | +9997.0% |
| Net income growth | -7.8% | +0.1% | -3.6% | +24.4% | -20.0% | - |
| Revenue CAGR (3Y) | +13.6% | +5.9% | +1.9% | - | - | - |
| EBITDA CAGR (3Y) | +17.4% | +7.6% | +2.7% | - | - | - |
| Profitability & leverage | ||||||
| Net income margin | +2.6% | +4.0% | +4.9% | +4.3% | +4.0% | +5.4% |
| Return on capital employed | +8.5% | +10.2% | +15.8% | +19.3% | +19.6% | +23.1% |
| Return on net worth | +5.6% | +8.6% | +15.4% | +20.1% | +19.7% | +27.6% |
| Debt / equity | 0.58 | 0.60 | 0.74 | 0.84 | 0.98 | 0.99 |
| Long-term debt / equity | 0.11 | 0.12 | 0.10 | 0.09 | 0.15 | 0.19 |
| Interest cover | 45.46 | 35.47 | 27.09 | 24.02 | 32.08 | 19.78 |
| Efficiency & per share | ||||||
| Fixed asset turnover | 3.39 | 3.45 | 4.56 | 6.43 | 5.98 | 5.77 |
| Inventory turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debtors turnover | 3.01 | 2.49 | 2.90 | 3.80 | 2.82 | 2.45 |
| EPS (₹) | 4.78 | 5.17 | 7.12 | 197.95 | 158.93 | 200.39 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 87.10 | 82.32 | 52.45 | 1,083.48 | 885.52 | 726.59 |
Want more history and ratios?
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Board of Directors of Ashapura Logistics Limited
Ashapura Logistics has 5 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sujith Chandrasekhar Kurup Also directs: Hey Berry Kitchen LLP, Jai Ambe Transmovers Private Limited, Ashapura Warehousing Private Limited and 2 more | Managing Director | 02 Apr 2002 | 24 Years 6 Months | Current |
| Chitra Sujith Kurup | Whole-Time Director | 26 Jul 2006 | 20 Years 2 Months | Current |
| Thomaskutty Varghese Also directs: Jai Ambe Transmovers Private Limited, Plankton Consultants LLP | Director | 18 Mar 2024 | 2 Years 7 Months | Current |
| Satyacharan Chanderdeo Tiwari | Director | 18 Mar 2024 | 2 Years 7 Months | Current |
| Umakant Kashinath Bijapur Also directs: Devinsu Trading Limited, Controlla Electrotech Pvt Ltd, Srei Asset Leasing Limited and 2 more | Director | 18 Mar 2024 | 2 Years 7 Months | Current |
Peer Comparison of Ashapura Logistics Limited
Ashapura Logistics Limited is compared with the companies closest to it by revenue in the Transport and Logistics industry (Diversified 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 |
|---|---|---|---|---|---|---|
| Ashapura Logistics Limited this company | ₹318.58 Cr (FY 2026) | •••• | •••• | 37.9% | •••• | Ahmedabad, Gujarat, India |
| DSV Contract Logistics Private Limited | ₹234.86 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | Mumbai, Maharashtra, India |
| Global Logistics Solutions India Private Limited | ₹234.43 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | Mumbai, Maharashtra, India |
| Gonsai Logistics Private Limited | ₹233.94 Cr (FY 2024) | •••• | •••• | 1.0% | •••• | New Delhi, Delhi, India |
| Shreeji Translogistics Limited Listed | ₹233.54 Cr (FY 2025) | •••• | •••• | -12.0% | •••• | Thane, Maharashtra, India |
| Kaba Express Private Limited | ₹233.12 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | Howrah, West Bengal, India |
| MFC Transport Private Limited | ₹231.71 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | Mumbai, Maharashtra, India |
| PCC Logistics Private Limited | ₹231.68 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | Chennai, Tamil Nadu, India |
| Se Freight and Logistics India Private Limited | ₹231.3 Cr (FY 2025) | •••• | •••• | 58.0% | •••• | Mumbai, Maharashtra, India |
| RNP Marketing & Cargo Private Limited | ₹231.02 Cr (FY 2018) | •••• | •••• | 12.0% | •••• | Mumbai, Maharashtra, India |
| Oil Field Warehouse & Services Limited | ₹229.44 Cr (FY 2025) | •••• | •••• | 3.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Ashapura Logistics by revenue in the Transport and Logistics industry (Diversified Logistics), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Charges & Borrowings of Ashapura Logistics Limited
Open charges
₹134.04 Cr
Satisfied charges
₹26.89 Cr
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Sep 2026 | Others | ₹9.43 Cr | Open |
| 19 Feb 2026 | Others | ₹1.6 Cr | Open |
| 08 Sep 2025 | Others | ₹1.68 Cr | Open |
| 29 Aug 2025 | Yes Bank Limited | ₹25 Cr | Open |
| 14 Jul 2025 | Axis Bank Limited | ₹39.75 Lakh | Open |
Total charge records: 63 View all charges
Legal Cases of Ashapura Logistics Limited
Ashapura Logistics Limited has 20 court cases on record: 7 filed by Ashapura Logistics, 11 filed against it, 2 where it is another party. 10 cases are pending and 10 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Total cases
20
Filed by the company
7
Filed against the company
11
Pending
10
Disposed
10
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 18 | 11 | 8 |
| High courts | 2 | 0 | 2 |
Cases on record (5 of 20)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Commercial matter | Filed by the company against Om Shivay Speciality Paper Private Limited | Pending |
| District court, Ahmedabad, Gujarat | Commercial matter | Filed by the company against Shrenik Limited | Pending |
| District court, Ahmedabad, Gujarat | Commercial matter | Filed by the company against Manglam Paper Private Limited | Pending |
| District court, kachchh at Bhuj, Gujarat | Court case (CR EN) | Filed against the company by Winwin Maritime Limited | Disposed |
| District court, kachchh at Bhuj, Gujarat | Commercial matter | Filed against the company by Winwin Maritime Limited | Disposed |
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Full case history
All 20 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
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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.
Employees and EPFO Compliance at Ashapura Logistics Limited
Employment history and EPFO contributions of people linked to Ashapura Logistics.
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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
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Recent Activity on Ashapura Logistics Limited
Ashapura Logistics Limited has 10 board changes on record since 2002: 5 appointments and 5 cessations. The latest: Ashok Prabhudasbhai Tanna ceased to be CFO on 31 Dec 2024.
Charges
A charge with Others amounted to Rs. 9.43 Cr with Charge ID 101400637 was registered on 21 Sep 2026.
Charges
A charge with Others of Rs. 50.07 Cr registered on 14 Mar 2016 with Charge ID 100021908 was modified on 07 Sep 2026.
Charges
A charge with Yes Bank Limited of Rs. 25.00 Cr registered on 29 Aug 2025 with Charge ID 101145983 was modified on 20 Apr 2026.
Charges
A charge with Others amounted to Rs. 1.60 Cr with Charge ID 101251456 was registered on 19 Feb 2026.
AGM
Ashapura Logistics Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 1.68 Cr with Charge ID 101151122 was registered on 08 Sep 2025.
Charges
A charge with Yes Bank Limited amounted to Rs. 25.00 Cr with Charge ID 101145983 was registered on 29 Aug 2025.
Charges
A charge with Axis Bank Limited amounted to Rs. 0.40 Cr with Charge ID 101136198 was registered on 14 Jul 2025.
Charges
A charge with Axis Bank Limited amounted to Rs. 1.65 Cr with Charge ID 101141712 was registered on 11 Jul 2025.
Charges
A charge with Others amounted to Rs. 2.10 Cr with Charge ID 101119256 was registered on 07 Jul 2025.
Charges
A charge with Others amounted to Rs. 2.31 Cr with Charge ID 101104460 was registered on 07 Jun 2025.
Filing
Ashapura Logistics Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
96 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Ashapura Logistics Limited
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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
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MSME Payment Delays by Ashapura Logistics Limited
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MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
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Subsidiaries & Group Companies of Ashapura Logistics Limited
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Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
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- Subsidiaries and ownership
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- Entity investments
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GST Compliance of Ashapura Logistics Limited
Ashapura Logistics has 6 GST registrations: 5 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
6
Active
5
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCA4633M1ZP | Gujarat | Active | 01 Jul 2017 |
| 27AADCA4633M1ZJ | Maharashtra | Active | 01 Jul 2017 |
| 29AADCA4633M1ZF | Karnataka | Active | 01 Jul 2017 |
| 33AADCA4633M1ZQ | Tamil Nadu | Active | 01 Jul 2017 |
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GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
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MCA Filings & Documents of Ashapura Logistics Limited
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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
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Frequently Asked Questions about Ashapura Logistics Limited
Ashapura Logistics is an active public limited company based in Ahmedabad, Gujarat, India. The company works in integrated and diversified logistics services, within the transport and logistics industry. It was incorporated on 02 April 2002 (24+ years old) and is registered under CIN L63090GJ2002PLC040596. Listed on NSE: ASHALOG.
Ashapura Logistics reported revenue of ₹318.58 Cr for FY 2025-26 (up 37.9% YoY) based on consolidated financials.
Ashapura Logistics has 5 current directors:
- Sujith Chandrasekhar Kurup - Managing Director
- Chitra Sujith Kurup - Whole-Time Director
- Thomaskutty Varghese - Director
- Satyacharan Chanderdeo Tiwari - Director
- Umakant Kashinath Bijapur - Director
The GSTIN of Ashapura Logistics is 24AADCA4633M1ZP, registered in Gujarat. The company has 6 GST registrations in all, of which 5 are active and 1 is cancelled or inactive. Other active GSTINs include 27AADCA4633M1ZJ (Maharashtra), 29AADCA4633M1ZF (Karnataka), 33AADCA4633M1ZQ (Tamil Nadu).
The CIN (Corporate Identification Number) of Ashapura Logistics is L63090GJ2002PLC040596. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Ashapura Logistics is listed on NSE with symbol ASHALOG.
Ashapura Logistics has 20 court cases on record: 7 filed by the company and 11 filed against it. 10 are pending. Most are in the district courts.
Ashapura Logistics was incorporated on 02 April 2002, making it 24+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Ashapura Logistics by revenue are DSV Contract Logistics Private Limited, Global Logistics Solutions India Private Limited, Gonsai Logistics Private Limited, Shreeji Translogistics Limited, Kaba Express Private Limited and 5 more, all in the Transport and Logistics industry (Diversified Logistics).
Ashok Prabhudasbhai Tanna ceased to be CFO on 31 Dec 2024. Satyacharan Chanderdeo Tiwari was appointed as Director on 18 Mar 2024. Thomaskutty Varghese was appointed as Director on 18 Mar 2024. Ashapura Logistics has 10 board changes on record in total.
Yes, Ashapura Logistics is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-01-0031884).