About Ashwin Roadways Private Limited
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Ashwin Roadways Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the travel and tour services segment of the transport and logistics sector. It was incorporated on 07 January 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U63030TN2014PTC094490. Its GSTIN is 33AAMCA4461E1ZW (Tamil Nadu).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Latha Renganatha Raja and Sakthi Narayana Raja Ramsingh.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Chennai, Tamil Nadu.
As per the financials filed for FY 2019, the company reported a revenue of ₹4.42 Cr, a decline of 32% compared to the previous year. For the same year it recorded a net loss of ₹11.65 Lakh (net margin -2.6%) and EBITDA of ₹50.02 Lakh (EBITDA margin 11.3%). Revenue has grown at a compounded annual rate (CAGR) of 24% over three years and 35% over five years.
As per MCA filings, the company has open charges of ₹2.26 Cr on record. Court records list 4 cases involving the company, including 4 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ashwintravels.com.
Company details
Contact details
Ashwin Roadways Private Limited's registered office is in Chennai, Tamil Nadu. Its website is ashwintravels.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressOffice No : 20 4th Floor Dharma Towers No.88/150 Nelson Manickam Road Choolai, Medu, Chennai, Tamil Nadu, India – 600094
- IndustryTransport and Logistics, Travel & Tour Services
To see the full contact details of Ashwin Roadways 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 Ashwin Roadways is support service to organizations. In detail, this covers travel agency and tour operators.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N3 | Travel agency and tour operators |
To see the full business activity and turnover split of Ashwin Roadways Private Limited, buy the company report.
Financials of Ashwin Roadways Private Limited
FY 2019 filings availableAshwin Roadways Private Limited reported revenue of ₹4.42 Cr (down 32% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue fell 32% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 35%. EBITDA fell 46% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹4.42 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹50.02 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹11.65 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11.3% | ||||
| Net Profit Margin | -2.6% | ||||
| 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 | |||||
To see the full financial statements and ratios of Ashwin Roadways Private Limited, buy the company report.
Board of directors of Ashwin Roadways Private Limited
Ashwin Roadways has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Latha Renganatha Raja | Director | 01 Jan 2016 | 10 Years 10 Months | Current |
| Sakthi Narayana Raja Ramsingh | Director | 15 Apr 2019 | 7 Years 6 Months | Current |
Peer comparison
Ashwin Roadways Private Limited is compared with the 3 companies closest to it by revenue in the Transport and Logistics industry (Tour and Travel Operators), with the same principal business activity (travel agency and tour operators), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ashwin Roadways Private Limitedthis company | ₹4.42 Cr (FY 2019) | -₹11.65 Lakh | -2.6% | -32.0% | Chennai, Tamil Nadu, India | |
| Uttarakhand Vacation Private Limited | ₹4.41 Cr (FY 2025) | 78.0% | Ramnagar, Uttarakhand, India | |||
| Adventure Resorts and Cruises Private Limited | ₹4.39 Cr (FY 2025) | -1.0% | New Delhi, Delhi, India | |||
| Fare Crafts Private Limited | ₹4.39 Cr (FY 2023) | 352.0% | Panchkula, Haryana, India |
To see the full peer comparison of Ashwin Roadways Private Limited, buy the company report.
Auditor
Ashwin Roadways Private Limited is audited by V R M A AND ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V R M A AND ASSOCIATES | FY 2017 | 017148S |
Shareholding
The shareholding of Ashwin Roadways Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Ashwin Roadways Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Dec 2018 | 100228731 | Others | ₹5 Lakh | Open | |
| 28 Nov 2018 | 100228729 | Others | ₹27.36 Lakh | Open | |
| 28 Nov 2018 | 100228730 | Others | ₹27.64 Lakh | Open | |
| 30 Nov 2016 | 100333446 | Others | ₹10 Lakh | Open | |
| 29 Nov 2016 | 100301078 | Others | ₹28 Lakh | Open |
Total charge records: 9 View all charges
Legal cases
Ashwin Roadways Private Limited has 4 court cases on record: 4 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 4 | 0 |
Cases on record (3 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chennai, Tamil Nadu | Motor accident claim | Filed against the company by an individual | Disposed |
| District court, Madurai, Tamil Nadu | Motor accident claim | Filed against the company by an individual | Disposed |
| District court, Chennai, Tamil Nadu | Motor accident claim | Filed against the company by an individual | Disposed |
To see the full case history of Ashwin Roadways 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 Ashwin Roadways Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ashwin Roadways has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAMCA4461E1ZW | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ashwin Roadways Private Limited, buy the company report.
Recent activity
Ashwin Roadways Private Limited has 6 board changes on record since 2015: 2 appointments and 4 cessations. The latest: Sakthi Narayana Raja Ramsingh was appointed as Director on 15 Apr 2019.
6 earlier events are in the company report.
Frequently asked questions
Ashwin Roadways is an active private limited company based in Chennai, Tamil Nadu, India. The company works in travel and tour services, within the transport and logistics industry. It was incorporated on 07 January 2014 (12+ years old) and is registered under CIN U63030TN2014PTC094490.
Ashwin Roadways has 2 current directors:
- Latha Renganatha Raja - Director
- Sakthi Narayana Raja Ramsingh - Director
The latest financial statements of Ashwin Roadways on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
The GSTIN of Ashwin Roadways is 33AAMCA4461E1ZW, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Ashwin Roadways is U63030TN2014PTC094490. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ashwin Roadways has 4 court cases on record: 4 filed against it.
Ashwin Roadways was incorporated on 07 January 2014, making it 12+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Ashwin Roadways by revenue are Uttarakhand Vacation Private Limited, Adventure Resorts and Cruises Private Limited, Fare Crafts Private Limited, all in the Transport and Logistics industry (Tour and Travel Operators), with the same principal business activity (travel agency and tour operators).
Sakthi Narayana Raja Ramsingh was appointed as Director on 15 Apr 2019. Arunkumar Manoharan ceased to be Managing Director on 15 Jul 2016. Ranganathan Arjunaraja ceased to be Director on 15 Jul 2016. Ashwin Roadways has 6 board changes on record in total.
Ashwin Roadways can be reached through the website ashwintravels.com. Its registered office is in Chennai, Tamil Nadu, India.
The registered office of Ashwin Roadways is at Office No : 20 4th Floor Dharma Towers No.88150 Nelson Manickam Road Choolai, Medu, Chennai, Tamil Nadu, India – 600094.
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