Associated Road Carriers Ltd

Associated Road Carriers Ltd - transport and logistics in Kolkata, West Bengal, India. FY 2026 financials and compliance.
CIN U63090WB1972PLC028346 Incorporated 08 May 1972 ROC Kolkata HQ Kolkata, West Bengal, India
Active Public Limited Company transport and logistics
Data last updated
Revenue · FY 2025
₹1,823.66 Cr
▲ 6.00% YoY
EBITDA · FY 2025
*****
▼ 21.00% YoY
Net profit · FY 2025
*****
▼ 20.00% YoY
Authorised capital
₹15 Cr
Registered with MCA
Paid-up capital
₹5.18 Cr
Issued & subscribed
Open charges
₹69 Lakh
Satisfied ₹138.12 Cr
Company age
54 yrs
Est. 1972
Employees · EPFO
2,747
Latest available

About Associated Road Carriers Ltd

Data last updated: 05 January 2026

Associated Road Carriers Ltd is a public limited company based in Kolkata, West Bengal, India. It specialises in cargo services, a part of the broader transport and logistics sector. Incorporated on 08 May 1972, the company has been in operation for over 54 years.

Registered with ROC Kolkata under CIN U63090WB1972PLC028346.

Capital: an authorised share capital of ₹15 Cr and a paid-up capital of ₹5.18 Cr. Formerly known as Associated Road Carriers Pvt Ltd. It is led by directors including Mahender Kumar Goyal and Ravi Goel.

Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: 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.

The company has a workforce of approximately 2,747 employees as per the latest available data.

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.

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 of Associated Road Carriers Ltd
CIN U63090WB1972PLC028346
Registration Number 028346
Incorporation Date 08 May 1972
ROC Kolkata
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
Contact Details
  • Email
    *****@*****.com
  • Telephone
    +91-****-******
  • Website
  • Social Media
  • Registered Address
    32 Jawaharlal Nhehru Road Kolkata, West Bengal, India – 700071
  • Industry
    Transport and Logistics, Cargo Services
Company report
Associated Road Carriers Ltd - full intelligence report
  • Historical Financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Litigation, compliance and MCA filings
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Financials, compliance, directors, charges, ownership and filings for Associated Road Carriers Ltd in one report.

10-year financials Directors & ownership Charges & compliance

CIN History of Associated Road Carriers Ltd

Associated Road Carriers Ltd 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

Associated Brands with Associated Road Carriers Ltd

Associated Road Carriers Ltd operates one associated brand: Associated Road Carriers Ltd. These brands represent Associated Road Carriers Ltd's diversified market presence and brand portfolio.

Brand Description Website
Road freight forwarding and cargo transport services are provided. arclimited.com

Competitors & Alternatives of Associated Road Carriers Ltd

Brands and companies operating in the same space as Associated Road Carriers Ltd include Pristine Logistics & InfraProjects, DACHSER, Inlogistics and 3 more.

Competitor Description Location Founded
Pristine Logistics & InfraProjects Pristine Logistics & InfraProjects Road transportation and freight forwarding services are provided. Delhi, India, India 2009
DACHSER DACHSER Road transportation services are provided by DACHSER across multiple regions. Kempten, Germany, Germany 1930
Inlogistics Inlogistics Full truckload transportation services are provided across India. Delhi, India, India 2006
Frontline Corporation Frontline Corporation Provider of integrated logistics and trucking services Ahmedabad, India, India 1989
Spear Logistics Spear Logistics Provider of contract logistics and road freight forwarding services Pune, India, India 2001
Instant Transport Solution Instant Transport Solution Road freight forwarding and logistics services are provided across India. Gurugram, India, India 2004

Business Activity of Associated Road Carriers Ltd

Associated Road Carriers Ltd is engaged in the principal business activity of transport and storage, with detailed activities including land transport via road.

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
H Transport and storage H1 Land Transport via Road *********

Auditor Details of Associated Road Carriers Ltd

Associated Road Carriers Ltd is audited by KEDIA SINGHANIA & CO. for the financial year 2024. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.

Name Status Appointment Date Cessation Date
KEDIA SINGHANIA & CO. blur-value blur-value blur-value

Board of Directors of Associated Road Carriers Ltd

Associated Road Carriers Ltd is currently managed by 13 directors, with 15 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Current Directors
Name Designation Appointment Date Tenure Status
Mahender Kumar Goyal Whole-Time Director 01 Jul 1994 32 Years 0 Months Current
Ravi Goel Director 07 Jul 2010 16 Years 0 Months Current
Chhabildass Goyal Whole-Time Director 01 Jul 1994 32 Years 0 Months Current
Rajiv Goyal Director 05 Jul 2006 20 Years 0 Months Current
Banwarilal Sharma Whole-Time Director 01 Jul 1994 32 Years 0 Months Current
Vineet Goyal Director 30 Sep 2013 12 Years 9 Months Current
Showing 6 of 13 current directors. View all directors

Financials of Associated Road Carriers Ltd FY 2025 filings available

Associated Road Carriers Ltd reported revenue of ₹1,823.66 Cr (up 6% YoY) for FY 2025. Profit growth despite declining revenue indicates effective cost management and margin discipline.

Revenue
₹1,823.66 Cr ▲ 6%
Profit
***** ▼ -20%
EBITDA
***** ▼ -21%
Metrics
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Revenue
Revenue from Operations
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Revenue Growth %
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Other Income
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Total Revenue
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Expenses
Total Expenses
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Raw Material Cost
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Change in Inventory FG
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Change in Inventory WIP
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Purchase of Traded Goods
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Employee Cost
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Managerial Remuneration
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Audit Fees
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Insurance
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Power & Fuel
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Interest
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Depreciation
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Other Expenses
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Profitability
EBITDA (Operating Profit)
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Operating Margin %
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Exceptional Items
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Extraordinary Items
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Profit Before Exceptional & Extraordinary Items
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Profit Before Tax
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Tax & Net Profit
Tax Expense
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Current Tax
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Deferred Tax
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Profit from Discontinued Operations
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Tax on Discontinued Operations
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Profit
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Net Margin %
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Metrics
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Shareholders' Funds
Total Shareholders' Funds
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Equity Capital
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Reserves & Surplus
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Money Against Warrants
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Other Equity
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Non-Current Liabilities
Total Non-Current Liabilities
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Long-Term Borrowings
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Deferred Tax Liabilities
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Other Non-Current Liabilities
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Long-Term Provisions
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Current Liabilities
Total Current Liabilities
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Short-Term Borrowings
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Trade Payables
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Other Current Liabilities
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Short-Term Provisions
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Total Equity & Liabilities
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Non-Current Assets
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Tangible Assets
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Intangible Assets
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Capital WIP
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Intangibles Under Dev
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Investments
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Deferred Tax Assets
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LT Loans & Advances
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Other Non-Current Assets
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Current Assets
Current Assets
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Current Investments
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Inventories
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Trade Receivables
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Cash & Bank Balance
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ST Loans & Advances
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Other Current Assets
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Total Assets
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Metrics
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Cash from Operating Activities (CFO)
Profit Before Tax
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Non-Cash Adjustments
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+ Interest Expense
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+ Depreciation
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+/- Unrealized Forex
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- Dividend Income
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- Interest Income
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+/- Other Non-Cash Items
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Changes in Working Capital
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+/- Inventory
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+/- Debtors
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+/- Creditors
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Reconciliation Adjustments
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Cash Generated from Operations
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Income Taxes Paid
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Net CFO (Cash from Operations)
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Cash from Investing Activities (CFI)
Acquisitions & Disposals
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Disposal of Subsidiaries
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Acquisition of Subsidiaries
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Capex
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Purchase of Fixed Assets
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Sale of Fixed Assets
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Other Investing Cash Flows
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Net CFI (Cash from Investing)
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Cash from Financing Activities (CFF)
Equity Issuance
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Debt Raised
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Debt Repaid
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Dividends Paid
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Interest Paid
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Net CFF (Cash from Financing)
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Net Cash Position
Net Change in Cash (Pre-Forex)
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Closing Cash & Equivalents
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Metrics
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Liquidity
Current Ratio
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Quick Ratio
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Cash Ratio
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Efficiency
Inventory Days
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Debtor Days
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Creditor Days
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Cash Conversion Cycle
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Asset Turnover
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Profitability
Net Profit Margin %
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Operating Margin %
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ROE %
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ROCE %
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Net Worth Margin %
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Growth
Revenue Growth %
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Leverage
Equity Multiplier
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Debt / EBITDA
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Solvency
D/E Ratio
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ICR
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Consolidated Statements

Income Statement, Balance Sheet, Cash Flow & Ratios available in the full report.

Unlock Complete Financial History (FY 2015 – Latest)
Standalone & Consolidated - Income Statement, Balance Sheet, Cash Flow, Financial Ratios and Growth Trends with 10+ years of line-item data.
10+ years of data Line-item breakdown Balance Sheet detail Cash Flow analysis 20+ ratios & metrics Downloadable PDF

Shareholding Pattern of Associated Road Carriers Ltd

As of FY 2024, Associated Road Carriers Ltd's shareholding pattern shows 99.92% by promoters, 0.08% by public shareholders. The promoters hold a majority stake, indicating strong promoter control.

2025
YEAR
38.19% Promoters
25.22% DII (Domestic Institutional)
10.28% FII (Foreign Institutional)
25.89% Public
2.42% Others
Shareholding Trend
Year 2025
Promoters 33.19%
DII 23.22%
FII 18.28%
Public 22.89%
Others 2.42%

Charges & Borrowings of Associated Road Carriers Ltd

Open charges
₹69 Lakh
Satisfied charges
₹138.12 Cr
Breakdown by lending institutions
Ge Capital Transportation Financial Services Ltd₹0.69 Cr
Latest charge details
DateLenderAmountStatus
28 Sep 2007 Ge Capital Transportation Financial Services Ltd ₹14 Lakh Open
16 Jul 2007 Ge Capital Transportation Financial Services Ltd ₹55 Lakh Open
18 Jun 2019 Others ₹1.09 Cr Satisfied
10 Apr 2019 Others ₹4.94 Cr Satisfied
20 Mar 2017 Others ₹20 Cr Satisfied

Total charge records: 101 View all charges

Employees and EPFO Compliance at Associated Road Carriers Ltd

Associated Road Carriers Ltd has a workforce of 2,747 employees as of Feb 07, 2025.

Employee count
2,747
Active EPFO establishments
2
Employee growth
3.47%
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026

Employee Count & EPFO Data of Associated Road Carriers Ltd

Access employee headcount trends, monthly PF payment records, EPFO establishment details, and compliance data.

Monthly employee headcount & PF contributions
EPFO establishment details & ECR filing status
Year-wise workforce analytics & attrition trends
PF exemption, coverage & compliance verification

GST Compliance of Associated Road Carriers Ltd

XX%
Compliant
GSTR-1
GSTR-3B
GSTR-9
MH
KA
UP
TN
TS

GSTIN & GST Filing Data of Associated Road Carriers Ltd

Access GSTIN registrations, state-wise filing compliance, HSN/SAC codes, and detailed goods & services data.

GSTIN registrations & state-wise presence
Filing compliance - GSTR-1, GSTR-3B, GSTR-9
HSN/SAC codes with goods & services details
Taxpayer type, jurisdiction & business constitution

Credit Ratings, Litigation & Regulatory Alerts for Associated Road Carriers Ltd

Credit rating
AAA
AA+
AA
AA-
! !
2015 2017 2019 2021 2023
Litigation
District Court 35
High Court 45
Supreme Court 0
NCLT / NCLAT 0
Pending
Disposed
Regulatory alerts
GSTIN Cancelled
Andhra Pradesh
GSTIN Cancelled
Telangana (on application)
EPFO Delay
12 months delay - Haryana
Violations via Directors
20 MCA + 19 Bank defaults

Credit Ratings, Legal Cases & Regulatory Alerts of Associated Road Carriers Ltd

Access complete credit rating history, litigation records, regulatory alerts, and compliance data.

Credit rating history across CARE, ICRA, Brickwork & India Ratings
Instrument-wise ratings, outlook & action timeline
Court-wise litigation (District, High Court, Supreme Court, NCLT)
Group company & common directorship litigation
Statutory compliance alerts (GSTIN, EPFO, ROC)
Director & company violations (MCA, SEBI, Banks, BSE/NSE)

MSME Payment Delays by Associated Road Carriers Ltd

MSME Payment Delays by Associated Road Carriers Ltd

Track payments outstanding to micro and small enterprise vendors, as disclosed in half-yearly MSME-1 returns filed with the MCA.

Amounts outstanding to MSME suppliers
Delay periods & reasons for delayed payments
Half-yearly MSME-1 filing history
Vendor-payment behaviour as a counterparty risk signal

Subsidiaries & Group Companies of Associated Road Carriers Ltd

Subsidiaries & Group Companies of Associated Road Carriers Ltd

See the full corporate group - holding company, subsidiaries, associates and joint ventures of Associated Road Carriers Ltd with ownership details.

Holding & parent company details
Subsidiaries & step-down subsidiaries with % holding
Associates & joint ventures with partner details
Investments in other entities year-on-year

MCA Filings & Documents of Associated Road Carriers Ltd

MCA Filings & Documents of Associated Road Carriers Ltd

Download official documents filed with the Ministry of Corporate Affairs - from incorporation papers to the latest annual filings.

Incorporation documents, MoA & AoA
Annual returns (MGT-7) & financial statements (AOC-4)
Charge filings (CHG-1, CHG-4) & resolutions
Complete document index with filing dates

Recent Activity on Associated Road Carriers Ltd

Directors
28 Oct 2025
Anand Sharma was appointed as a Additional Director on 28 Oct 2025 & has been associated with this company since 8 months 14 days.
Directors
01 Oct 2025
Shruti Agarwalla was appointed as a Additional Director on 01 Oct 2025 & has been associated with this company since 9 months 11 days.
Activity
30 Sep 2025
Associated Road Carriers Ltd last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Activity
31 Mar 2025
Associated Road Carriers Ltd has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Kolkata.
Directors
08 Dec 2022
Girish Sharma was appointed as a Director on 08 Dec 2022 & has been associated with this company since 3 years 7 months.
Charges
01 Jul 2021
A charge registered on 20 Mar 2017 via Charge ID 100086070 with Others was fully satisfied on 01 Jul 2021.

Frequently Asked Questions about Associated Road Carriers Ltd

Associated Road Carriers Ltd is an active public limited company in the transport and logistics sector based in Kolkata, West Bengal, India. It was incorporated on 08 May 1972 (54+ years old) and is registered under CIN U63090WB1972PLC028346. The company has 2,747 employees.

Associated Road Carriers Ltd reported revenue of ₹1,823.66 Cr for FY 2025 (up 6.00% YoY).

The primary industry of Associated Road Carriers Ltd is transport and logistics. The company specifically operates in cargo services. The company is currently active in this sector.

Associated Road Carriers Ltd can be reached at the registered office: 32 Jawaharlal Nhehru Road Kolkata, West Bengal, India – 700071, or through the website arclimited.com.

The authorised capital is ₹15 Cr, and the paid-up capital is ₹5.18 Cr.

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Financials, directors, compliance, charges and shareholding - sourced from MCA, SEBI and RBI filings.

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