Associated Road Carriers Ltd - Company Profile

Q: Who are the current directors of Associated Road Carriers Ltd?

The current directors of Associated Road Carriers Ltd are Mahender Kumar Goyal, Ravi Goel, Chhabildass Goyal, Rajiv Goyal, Banwarilal Sharma, Vineet Goyal, Sunita Garg, Ram Kumar Goel, Vinay Goel, Girish Sharma, Rahul Goel, Shruti Agarwalla, Anand Sharma.

It is a transport and logistics public limited company based in Kolkata, West Bengal, India, established in 1972.

1972 Kolkata, West Bengal, India Active

Last Updated: January 05, 2026

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About Associated Road Carriers Ltd

Associated Road Carriers Ltd, a active public limited company, was established on 08 May 1972 in Kolkata, West Bengal, India. Engaging in cargo services within the transport and storage sector, it holds CIN: U63090WB1972PLC028346. Registered under ROC Roc Kolkata. it is unlisted. It has an authorized capital of ₹15.00 Cr and a paid-up capital of ₹5.18 Cr.

Formerly known as Associated Road Carriers Pvt Ltd. It upholds a compliant status. Employing 2,747 professional, Its leadership includes Mahender Kumar Goyal (Whole-Time Director), Ravi Goel (Director), Chhabildass Goyal (Whole-Time Director). Past directors included Amit Goyal, Ravi Goel, Raj Kumar Goel. It holds ₹6.90 M open charges and ₹138.12 Cr settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at 32 Jawaharlal Nhehru Road Kolkata, Kolkata, West Bengal, 700071.

Company Details

CIN/LLPIN
U63090WB1972PLC028346
Registration Number
028346
Incorporation Date
08 May 1972
Authorized Capital
₹15.00 Cr
Paid-Up Capital
₹5.18 Cr
ROC Code
Roc Kolkata
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 15.00 Cr as on 05-01-2026
Paid Up Capital ₹ 5.18 Cr as on 05-01-2026
Company Age 53 Year, 9 Months
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 6.90 M as on 05-01-2026
Satisfied Charges ₹ 138.12 Cr as on 05-01-2026
Revenue Growth **** 8.54% (FY 2024)
Profit Growth **** 23.02% (FY 2024)
Ebitda **** 20.40% (FY 2024)
Net Worth -10.89% (FY 2024)
Total Assets -9.96% (FY 2024)

Comprehensive Company Insights

Explore comprehensive insights into Associated Road Carriers Ltd — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Associated Road Carriers Ltd?

Current Directors

Name	Designation	Appointment Date	Status
Mahender Kumar Goyal	Whole-Time Director	01 Jul 1994	Current
Ravi Goel	Director	07 Jul 2010	Current
Chhabildass Goyal	Whole-Time Director	01 Jul 1994	Current
Rajiv Goyal	Director	05 Jul 2006	Current
Banwarilal Sharma	Whole-Time Director	01 Jul 1994	Current
Vineet Goyal	Director	30 Sep 2013	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	14 Aug 2013	Past
Pramod Abcsdd	Additional Director	29 Sep 2010	Past
Pramod Abcsdd	Whole-Time Director	30 Jun 2009	Past
Pramod Abcsdd	Director	01 Jul 2009	Past
Pramod Abcsdd	Director	08 Dec 2022	Past
Pramod Abcsdd	Additional Director	18 Aug 2014	Past

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Financial Performance of Associated Road Carriers.

Associated Road Carriers Ltd, for the financial year ended 2024, experienced modest growth in revenue, with a 8.54% increase. The company also saw a substantial improvement in profitability, with a 23.02% increase in profit. The company's net worth observed a substantial decline by a decrease of 10.89%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

8.54%

*******

Revenue from Operations

*******

8.88%

*******

Total Assets

*******

-9.96%

*******

Profit or Loss

*******

23.02%

*******

Net Worth

*******

-10.89%

*******

EBITDA

*******

20.40%

*******

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What is the Ownership and Shareholding Structure of Associated Road Carriers?

In 2023, Associated Road Carriers had a promoter holding of 99.93% and a public holding of 0.08%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹6,900,000.00

Satisfied Charges

₹1,381,245,600.00

Charges Breakdown by Lending Institutions

Ge Capital Transportation Financial Services Ltd : 0.69 Cr

Latest Charge Details

Date	Lender	Amount	Status
28 Sep 2007	Ge Capital Transportation Financial Services Ltd	₹1.40 M	Open
16 Jul 2007	Ge Capital Transportation Financial Services Ltd	₹5.50 M	Open
18 Jun 2019	Others	₹1.09 Cr	Satisfied
10 Apr 2019	Others	₹4.94 Cr	Satisfied
20 Mar 2017	Others	₹20.00 Cr	Satisfied

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How Many Employees Work at Associated Road Carriers?

Associated Road Carriers has a workforce of 2747 employees as of Feb 07, 2025. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Associated Road Carriers, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Associated Road Carriers's trajectory.

Rating

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Associated Road Carriers

Recent Activity within the Organization

Director Appointment

The activity Anand Sharma was appointed as a Additional Director was appointed as a Additional Director on 28 Oct 2025 & has been associated with this company since 4 months 5 days . was completed.
28 Oct 2025
Director Appointment

Shruti Agarwalla was appointed as a Additional Director was appointed as a Additional Director on 01 Oct 2025 & has been associated with this company since 5 months 1 day . was recorded as a recent event.
01 Oct 2025
Annual General Meeting

Associated Road Carriers Ltd last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was recorded as a recent event.
30 Sep 2025
Balance Sheet

Associated Road Carriers Ltd has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Kolkata. was recorded as a recent event.
31 Mar 2025
Director Appointment

Progress on Girish Sharma was appointed as a Director was appointed as a Director on 08 Dec 2022 & has been associated with this company since 3 years 2 months . was documented.
08 Dec 2022
Charges

A charge registered on 20 Mar 2017 via Charge ID 100086070 with Others was fully satisfied on 01 Jul 2021. was recorded as a recent event.
01 Jul 2021

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