About Veritas Logisitcs
Veritas Logisitcs is a Transportation, Automotive & Logistics company based in Panvel (India) founded in 2004. It offers custom bonded, general, and cold warehousing services for business logistics across multiple locations. It operates on a B2B model. The company has 80 employees. Its Indian entity Veritas Logistics Private Limited reported revenue of ₹85.20 Cr. Veritas Logisitcs offers products and services including Custom Bonded Warehousing, Cold Warehousing, and General Warehousing. Its focus areas include Logistics, Warehousing Tech, Bonded Warehousing and Custom Bonded.
Company details
Veritas Logistics, founded in 2004, specializes in managing custom bonded, general, and cold warehousing, along with travel retail logistics. They operate advanced facilities in Mumbai, Delhi, and Bangalore, using in-house software for inventory management and data analytics. The company handles cargo efficiently, ensures compliance with government regulations, and serves clients in various sectors with a focus on minimizing breakage and optimizing operations.
- Headquarters Panvel, India
- Employees 80
- SectorsTransportation, Automotive & Logistics
- Phone•••• ••••
- Website veritaslogistics.com
- Legal Name Veritas Logistics Private Limited
- Date of Incorporation 10 Feb, 2004
- Jurisdiction Navi Mumbai, Maharashtra, India
- Annual Revenue₹85.20 Cr
FY 2024 · +44% YoY
- Net Profit₹11.13 Cr
FY 2024 · 13% margin
- EBITDA₹20.52 Cr
FY 2024 · 24% margin
- Employee Count80
Associated legal entities of Veritas Logisitcs
Veritas Logisitcs operates through Veritas Logistics Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Veritas Logistics Private Limited CIN U63000MH2004PTC144438 | Active | 10 Feb 2004 | Navi Mumbai, Maharashtra | ₹85.2 Cr | 80 | 4 | View details |
Products & Services of Veritas Logisitcs
Veritas Logisitcs offers a comprehensive portfolio of products and services, including Custom Bonded Warehousing, Cold Warehousing, and General Warehousing.
Provides secure storage for customs-managed goods with minimal breakage.
Offers temperature-controlled storage for perishable items and cargo handling.
Manages standard storage and inventory for various business needs.
Board of directors of Veritas Logistics Private Limited (Veritas Logisitcs)
Veritas Logistics Private Limited is the primary company behind Veritas Logisitcs. The board of Veritas Logistics Private Limited currently have 4 directors; the longest-serving is Sonali Sanjay Menon, appointed in 2004. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sonali Sanjay Menon DIN 00998785 | Director | 10 Feb 2004 | 22 yrs 8 mo | Veritas Logistics Private Limited |
| Lalitha Balaram Menon DIN 02491052 | Director | 10 Feb 2004 | 22 yrs 8 mo | Veritas Logistics Private Limited |
| Meenakshi Mammootil Koshy DIN 08068255 | Director | 26 Mar 2018 | 8 yrs 7 mo | Veritas Logistics Private Limited |
| Rishab Koshy DIN 06588905 | Managing Director | 15 Feb 2020 | 6 yrs 8 mo | Veritas Logistics Private Limited |
Financials of Veritas Logisitcs
Figures of Veritas Logistics Private Limited, the primary company behind Veritas Logisitcs, for FY 2024. Revenue was ₹85.20 Cr (+44% year on year). Net profit was ₹11.13 Cr (13% margin). EBITDA was ₹20.52 Cr (24% margin). Revenue has grown at a compounded annual rate of +41% over three years and +26% over five years.
- ₹85.20 CrRevenue · FY 2024 · +44% YoY
- ₹11.13 CrNet profit · 13% margin
- ₹20.52 CrEBITDA · 24% margin
- ₹39.8 LakhPaid-up capital
- 80Employees (provident fund records)
- +41%Revenue CAGR, 3 years
- +26%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Veritas Logistics Private Limited are on its company page.
Detailed financial statements for Veritas Logisitcs
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Top companies in Warehousing
3 companies that operate in the same segment as Veritas Logisitcs (Warehousing) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Sustainable supply chain solutions are delivered via asset pooling. | 2013 | Mumbai, Maharashtra, India | USD 214.47 M | USD 30.93 M | 246 | |
Integrated supply chain and mobility solutions are provided globally. | 2009 | Mumbai, Maharashtra, India | USD 33.05 M | USD 745.97 M | 4,100 | |
Multi-modal freight transportation, warehousing, and logistics services are provided globally. | 1993 | Mumbai, Maharashtra, India | USD 18 M | USD 219.35 M | 557 |
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Frequently Asked Questions about Veritas Logisitcs
Veritas Logisitcs was founded in 2004.
Veritas Logisitcs is headquartered in Panvel, India. It is registered at Panvel, Maharashtra, India.
Veritas Logisitcs has 80 employees.
The primary company behind Veritas Logisitcs, Veritas Logistics Private Limited, reported revenue of ₹85.20 Cr for FY 2024, up 44% year on year.
Veritas Logistics, founded in 2004, specializes in managing custom bonded, general, and cold warehousing, along with travel retail logistics. They operate advanced facilities in Mumbai, Delhi, and Bangalore, using in-house software for inventory management and data analytics. The company handles cargo efficiently, ensures compliance with government regulations, and serves clients in various sectors with a focus on minimizing breakage and optimizing operations.
Veritas Logisitcs offers Custom Bonded Warehousing, Cold Warehousing, and General Warehousing.
Veritas Logisitcs operates through Veritas Logistics Private Limited.
The legal entities of Veritas Logisitcs currently have 4 directors, including Meenakshi Mammootil Koshy, Sonali Sanjay Menon, Rishab Koshy and others.