MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0016420
Baghirathi Travel Solutions Private Limited - transport and logistics in Bengaluru, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹30.18 Cr
▼ 21% YoY
Net loss · FY 2025
₹74.63 Lakh
Net margin -2.5%
EBITDA · FY 2025
₹1.56 Cr
EBITDA margin 5.2%
Authorised capital
₹12 Cr
Registered with MCA
Paid-up capital
₹10.09 Cr
Issued & subscribed
Open charges
₹28.6 Cr
Satisfied ₹1.24 Cr
Company age
20 yrs
Est. 2006
Employees · EPFO
40
Provident fund records
About Baghirathi Travel Solutions Private Limited
Data last updated:
Baghirathi Travel Solutions Private Limited is a private limited company based in Bengaluru, Karnataka, India, a subsidiary of Baghirathi Holdings Private Limited. It operates in the passenger transport segment of the transport and logistics sector. It was incorporated on 06 January 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U63040KA2006PTC038175. Its GSTIN is 29AACCB8387L1ZY (Karnataka).
The company has an authorised share capital of ₹12 Cr and a paid-up capital of ₹10.09 Cr. It is led by directors including Mahesh Hariharan and Anthony Vincent.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 2A – 3 H.K Arcade II Floor 1B Iti Industrial Area Mahadevapura Post, Bengaluru, Karnataka, India – 560048.
As per the financials filed for FY 2025, the company reported a revenue of ₹30.18 Cr, a decline of 21% compared to the previous year. For the same year it recorded a net loss of ₹74.63 Lakh (net margin -2.5%) and EBITDA of ₹1.56 Cr (EBITDA margin 5.2%). Revenue has declined at a compounded annual rate (CAGR) of 9% over three years and 18% over five years.
The company has about 40 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹28.6 Cr and satisfied charges of ₹1.24 Cr on record. Court records list 45 cases involving the company, including 23 filed by the company and 22 filed against it; 2 cases are pending.
Baghirathi Travel Solutions Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0016420). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website baghirathi.com.
Company details
CIN U63040KA2006PTC038175
Registration Number 038175
Incorporation Date 06 January 2006
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Parent Company Baghirathi Holdings Private Limited
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-03-0016420
Key People
Neil Michael Joseph Additional Director Mahesh Hariharan Director Anthony Vincent Director Recognitions & Rankings of Baghirathi Travel Solutions
Contact details
Baghirathi Travel Solutions Private Limited's registered office is in Bengaluru, Karnataka. Its website is baghirathi.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address2A – 3 H.K Arcade II Floor 1B Iti Industrial Area Mahadevapura Post, Bengaluru, Karnataka, India – 560048
- IndustryTransport and Logistics, Passenger Transport
To see the full contact details of Baghirathi Travel Solutions Private Limited, buy the company report.
Comprehensive company report
Baghirathi Travel Solutions Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of Baghirathi Travel Solutions is transport and storage. In detail, this covers services incidental to land, water & air transportation.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transport and storage | H5 | Services incidental to land, water & air transportation |
To see the full business activity and turnover split of Baghirathi Travel Solutions Private Limited, buy the company report.
Financials of Baghirathi Travel Solutions Private Limited
FY 2023 filings availableBaghirathi Travel Solutions Private Limited reported revenue of ₹30.18 Cr (down 21% YoY) for FY 2025.
Revenue · FY 2025
₹30.18 Cr ▼ 21%
Net loss · FY 2025
₹74.63 Lakh margin -2.5%
EBITDA · FY 2025
₹1.56 Cr margin 5.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 21%
3 years · compounded
▲ 9%
5 years · compounded
▼ 18%
EBITDA CAGR growth
1 year
▼ 63%
3 years · compounded
▲ 290%
5 years · compounded
▼ 32%
Revenue has declined at a compounded annual rate (CAGR) of 18% over five years, including a 21% fall in the latest year. EBITDA fell 63% 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 | ₹1.56 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹74.63 Lakh | ||||
| Balance Sheet | |||||
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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 | 5.2% | ||||
| Net Profit Margin | -2.5% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Baghirathi Travel Solutions Private Limited, buy the company report.
Board of directors of Baghirathi Travel Solutions Private Limited
Baghirathi Travel Solutions has 5 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Neil Michael Joseph Also directs: Manela Agri Partners LLP, Emerging KGF Infrastructure LLP, Baghirathi Sustainability India Private Limited and 5 more | Additional Director | 01 Aug 2024 | 2 Years 2 Months | Current |
| Mahesh Hariharan Also directs: Manela Agri Partners LLP, Emerging KGF Infrastructure LLP, Baghirathi Sustainability India Private Limited and 5 more | Director | 06 Jan 2006 | 20 Years 9 Months | Current |
| Anthony Vincent | Director | 22 Feb 2012 | 14 Years 8 Months | Current |
| Lucinda Mahesh | Additional Director | 04 Feb 2022 | 4 Years 8 Months | Current |
| Rangiah Sriram Prasad | Additional Director | 04 Feb 2022 | 4 Years 8 Months | Current |
Auditor
Baghirathi Travel Solutions Private Limited is audited by MUKUNDA SHIVA AND ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MUKUNDA SHIVA AND ASSOCIATES | FY 2023 | 011768S |
Shareholding
The shareholding of Baghirathi Travel Solutions Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Baghirathi Travel Solutions Private Limited, buy the company report.
Charges & borrowings
Open charges
₹28.6 Cr
Satisfied charges
₹1.24 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Jun 2025 | 101117431 | Others | ₹1.04 Cr | Open | |
| 05 Dec 2024 | 101024479 | Others | ₹4.5 Cr | Open | |
| 28 Oct 2020 | 100412209 | Hdfc Bank Limited | ₹72.83 Lakh | Open | |
| 25 Aug 2020 | 100403068 | Others | ₹31.93 Lakh | Open | |
| 29 Nov 2019 | 100307528 | Hdfc Bank Limited | ₹33.9 Lakh | Open |
To see the full charge records of Baghirathi Travel Solutions Private Limited, buy the company report.
Total charge records: 22 View all charges
Legal cases
Baghirathi Travel Solutions Private Limited has 45 court cases on record: 23 filed by Baghirathi Travel Solutions, 22 filed against it. 2 cases are pending and 43 are disposed.
Total cases
45
Filed by the company
23
Filed against the company
22
Pending
2
Disposed
43
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 38 | 16 | 1 |
| NCLT | 4 | 4 | 0 |
| High courts | 3 | 2 | 1 |
Cases on record (5 of 45)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Arbitration matter | Filed against the company by M/S Leaseplan India Private Limited | Disposed |
| District court, BENGALURU, Karnataka | Motor accident claim | Filed against the company by an individual | Pending |
| High Court of Karnataka | Court case (MFA) | Filed by the company against individuals | Pending |
| NCLT, Bengaluru | Company petition | Filed against the company by an individual | Disposed |
| NCLT, Bengaluru | Court case (COMP.APPL) | Filed against the company by an individual | Disposed |
To see the full case history of Baghirathi Travel Solutions 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
Baghirathi Travel Solutions Private Limited has 6 MSME Form 1 returns on record between 2021 and 2023, listing 296 overdue payments to 74 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 74)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Dyavasandhra Industrial Estate Association | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Baghirathi Travel Solutions Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Baghirathi Travel Solutions Private Limited has a workforce of 40 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
40
Active EPFO establishments
1
Employee growth
17.65%
GST
Baghirathi Travel Solutions has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCB8387L1ZY | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Baghirathi Travel Solutions Private Limited, buy the company report.
Recent activity
Baghirathi Travel Solutions Private Limited has 13 board changes on record since 2006: 9 appointments and 4 cessations. The latest: Neil Michael Joseph was appointed as Additional Director on 01 Aug 2024.
Charges
A charge with Others amounted to Rs. 1.04 Cr with Charge ID 101117431 was registered on 17 Jun 2025.
Charges
A charge registered on 06 Nov 2021 via Charge ID 100505599 with Others was fully satisfied on 20 Dec 2024.
Charges
A charge with Others amounted to Rs. 4.50 Cr with Charge ID 101024479 was registered on 05 Dec 2024.
Appointed
Neil Michael Joseph was appointed as Additional Director.
Ceased
Prabhakar Tadepalli ceased to be Director.
AGM
Baghirathi Travel Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Ceased
Kalyan Sundaram Mahalingam ceased to be Director.
Filing
Baghirathi Travel Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.
Ceased
Neraniki Joise Raghavendra Vidyaranya Girish Kumar ceased to be CFO.
Appointed
Lucinda Mahesh was appointed as Additional Director.
Appointed
Neraniki Joise Raghavendra Vidyaranya Girish Kumar was appointed as CFO.
Appointed
Rangiah Sriram Prasad was appointed as Additional Director.
29 earlier events are in the company report.
Frequently asked questions
Baghirathi Travel Solutions is an active private limited company based in Bengaluru, Karnataka, India. The company works in passenger transport, within the transport and logistics industry. It was incorporated on 06 January 2006 (20+ years old) and is registered under CIN U63040KA2006PTC038175.
Baghirathi Travel Solutions has 5 current directors:
- Neil Michael Joseph - Additional Director
- Mahesh Hariharan - Director
- Anthony Vincent - Director
- Lucinda Mahesh - Additional Director
- Rangiah Sriram Prasad - Additional Director
The latest financial statements of Baghirathi Travel Solutions on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Baghirathi Travel Solutions is 29AACCB8387L1ZY, registered in Karnataka.
The CIN (Corporate Identification Number) of Baghirathi Travel Solutions is U63040KA2006PTC038175. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Baghirathi Travel Solutions has 45 court cases on record: 23 filed by the company and 22 filed against it. 2 are pending. Most are in the district courts.
Baghirathi Travel Solutions was incorporated on 06 January 2006, making it 20+ years old. It is registered with the Registrar of Companies, Bangalore.
Neil Michael Joseph was appointed as Additional Director on 01 Aug 2024. Prabhakar Tadepalli ceased to be Director on 01 Aug 2024. Kalyan Sundaram Mahalingam ceased to be Director on 01 Apr 2023. Baghirathi Travel Solutions has 13 board changes on record in total.
Yes, Baghirathi Travel Solutions is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0016420).
Baghirathi Travel Solutions has 6 MSME Form 1 returns on record between 2021 and 2023, listing 296 overdue payments to 74 micro and small suppliers. The latest return was filed on 27 Aug 2023.
Baghirathi Travel Solutions can be reached through the website baghirathi.com. Its registered office is in Bengaluru, Karnataka, India.