About Associated Road Carriers Ltd
Data last updated:
Associated Road Carriers Ltd is a public limited company based in Kolkata, West Bengal, India. It operates in the cargo services segment of the transport and logistics sector. It was incorporated on 08 May 1972 and has been in existence for over 54 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U63090WB1972PLC028346. Its GSTIN is 19AACCA4861C2ZV (West Bengal). The company holds 41 GST registrations, of which 14 are active.
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹5.18 Cr. It was formerly known as Associated Road Carriers Pvt Ltd. It is led by directors including Ram Kumar Goel (Managing Director) and Mahender Kumar Goyal (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 32 Jawaharlal Nhehru Road Kolkata, West Bengal, India – 700071.
As per the financials filed for FY 2025, the company reported a revenue of ₹1,823.66 Cr, a growth of 6% compared to the previous year. For the same year it recorded a net profit of ₹93.66 Cr (net margin 5.1%) and EBITDA of ₹132.24 Cr (EBITDA margin 7.3%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 6% over five years.
The company has about 2,747 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Associated Road Carriers Ltd. As per MCA filings, the company has open charges of ₹69 Lakh and satisfied charges of ₹138.12 Cr on record. Court records list 596 cases involving the company, including 309 filed by the company and 287 filed against it; 98 cases are pending. The company has 2 deals on record (1 funding round, 1 acquisition); the latest was in September 2026.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website arclimited.com.
Company details
CIN history
Associated Road Carriers has one previous CIN (Corporate Identification Number): U63090WB1972PTC028346. The current CIN is U63090WB1972PLC028346, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U63090WB1972PLC028346 | Current |
| U63090WB1972PTC028346 | Previous |
Contact details
Associated Road Carriers Ltd's registered office is in Kolkata, West Bengal. Its website is arclimited.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address32 Jawaharlal Nhehru Road Kolkata, West Bengal, India – 700071
- IndustryTransport and Logistics, Cargo Services
To see the full contact details of Associated Road Carriers Ltd, 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
Brands
Associated Road Carriers operates one associated brand: Associated Road Carriers Ltd. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Road freight forwarding and cargo transport services are provided. | arclimited.com |
Business activity
The main business activity of Associated Road Carriers is transport and storage. In detail, this covers land transport via road.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transport and storage | H1 | Land Transport via Road |
To see the full business activity and turnover split of Associated Road Carriers Ltd, buy the company report.
Financials of Associated Road Carriers Ltd
FY 2025 filings availableAssociated Road Carriers Ltd reported revenue of ₹1,823.66 Cr (up 6% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 6% over five years, including 6% growth in the latest year. EBITDA fell 21% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹132.24 Cr | ||||
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| Net Profit (PAT) | ₹93.66 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.3% | ||||
| Net Profit Margin | 5.1% | ||||
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To see the full financial statements and ratios of Associated Road Carriers Ltd, buy the company report.
Board of directors of Associated Road Carriers Ltd
Associated Road Carriers has 13 current directors and 15 former directors. Current directors are listed first, with their designation and appointment date.
Auditor
Associated Road Carriers Ltd is audited by KEDIA SINGHANIA & CO. for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KEDIA SINGHANIA & CO. | FY 2024 | 126519W |
Shareholding
The shareholding of Associated Road Carriers Ltd is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Associated Road Carriers Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Sep 2007 | 10070431 | Ge Capital Transportation Financial Services Ltd | ₹14 Lakh | Open | |
| 16 Jul 2007 | 10059757 | Ge Capital Transportation Financial Services Ltd | ₹55 Lakh | Open | |
| 18 Jun 2019 | 100269693 | Others | ₹1.09 Cr | Satisfied | |
| 10 Apr 2019 | 100253381 | Others | ₹4.94 Cr | Satisfied | |
| 20 Mar 2017 | 100086070 | Others | ₹20 Cr | Satisfied |
To see the full charge records of Associated Road Carriers Ltd, buy the company report.
Total charge records: 101 View all charges
Deals & funding
Associated Road Carriers Ltd has 2 deals on record (1 funding round, 1 acquisition); the latest was in September 2026.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2026 | Funding round | Undisclosed | Investors: Samara Capital |
| Sep 2006 | Acquisition | Undisclosed | Buyer: TNT Holdings BV |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Associated Road Carriers Ltd has 596 court cases on record: 309 filed by Associated Road Carriers, 287 filed against it. 98 cases are pending and 498 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 472 | 231 | 81 |
| High courts | 117 | 53 | 16 |
| NCLT | 5 | 2 | 1 |
| Supreme Court | 2 | 1 | 0 |
Cases on record (5 of 596)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed by the company against Fouress Engineering (India) Private Limited | Pending |
| District court, North West, Delhi | Civil suit | Filed by the company against M/S Chemicure Water Technology Pvt Ltd | Pending |
| District court, North West, Delhi | Cheque dishonour complaint | Filed by the company against Deepak Silicate Pvt Ltd | Pending |
| Calcutta High Court | Court case (CRR) | Filed against the company by M/S Roysons Refractories Pvt. Ltd. and Others | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Court case (SUMMONS FOR JUDGT) | Filed by the company against Fouress Engineering (India) Private Limited | Pending |
To see the full case history of Associated Road Carriers Ltd, 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.
Credit ratings & regulatory alerts
Associated Road Carriers Ltd was last rated by Icra on 02 Feb 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 02 Feb 2022 |
To see the full credit ratings and regulatory alerts of Associated Road Carriers Ltd, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Associated Road Carriers Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Associated Road Carriers Ltd has a workforce of 2,747 employees on its EPFO records as of Feb 07, 2025, across 2 active EPFO establishments.
GST
Associated Road Carriers has 41 GST registrations: 14 active and 27 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AACCA4861C2ZV | West Bengal | Active | 15 May 2019 |
| 27AACCA4861C2ZY | Maharashtra | Active | 06 Feb 2019 |
| 24AACCA4861C2Z4 | Gujarat | Active | 17 May 2019 |
| 36AACCA4861C2ZZ | Telangana | Active | 17 Jul 2019 |
To see the full GST registrations and return filing status of Associated Road Carriers Ltd, buy the company report.
Recent activity
Associated Road Carriers Ltd has 28 board changes on record since 1994: 14 appointments and 14 cessations. The latest: Anand Sharma was appointed as Additional Director on 28 Oct 2025.
221 earlier events are in the company report.
News
Frequently asked questions
Associated Road Carriers is an active public limited company based in Kolkata, West Bengal, India. The company works in cargo services, within the transport and logistics industry. It was incorporated on 08 May 1972 (54+ years old) and is registered under CIN U63090WB1972PLC028346.
Associated Road Carriers has 13 current directors:
- Ram Kumar Goel - Managing Director
- Mahender Kumar Goyal - Whole-Time Director
- Chhabildass Goyal - Whole-Time Director
- Banwarilal Sharma - Whole-Time Director
- Vinay Goel - Whole-Time Director
- Ravi Goel - Director
- Rajiv Goyal - Director
- Vineet Goyal - Director
- Sunita Garg - Director
- Girish Sharma - Director
- Rahul Goel - Director
- Shruti Agarwalla - Additional Director
- Anand Sharma - Additional Director
The latest financial statements of Associated Road Carriers on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Associated Road Carriers is 19AACCA4861C2ZV, registered in West Bengal. The company has 41 GST registrations in all, of which 14 are active and 27 are cancelled or inactive. Other active GSTINs include 27AACCA4861C2ZY (Maharashtra), 24AACCA4861C2Z4 (Gujarat), 36AACCA4861C2ZZ (Telangana).
The CIN (Corporate Identification Number) of Associated Road Carriers is U63090WB1972PLC028346. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Associated Road Carriers has 596 court cases on record: 309 filed by the company and 287 filed against it. 98 are pending. Most are in the district courts.
Associated Road Carriers was incorporated on 08 May 1972, making it 54+ years old. It is registered with the Registrar of Companies, Kolkata.
Associated Road Carriers has 2 deals on record (1 funding round, 1 acquisition); the latest was in September 2026.
Anand Sharma was appointed as Additional Director on 28 Oct 2025. Shruti Agarwalla was appointed as Additional Director on 01 Oct 2025. Pankaj Kumar Killa ceased to be Company Secretary on 01 Apr 2023. Associated Road Carriers has 28 board changes on record in total.
Associated Road Carriers can be reached through the website arclimited.com. Its registered office is in Kolkata, West Bengal, India.
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