Bhabani Associates Private Limited
About Bhabani Associates Private Limited
Data last updated:
Bhabani Associates Private Limited is a private limited company based in Koira, Odisha, India. It operates in the carriers services segment of the transport and logistics sector. It was incorporated on 17 August 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U14200OR2011PTC014046. Its GSTIN is 21AAFCB0637E1ZD (Odisha).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Ashok Kumar Naik (Managing Director) and Rashmirekha Naik.
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 C/O Ashok Kumar Naik At P.O. Koira Bonaigarh, Odisha, India – 770048.
As per the financials filed for FY 2025, the company reported a revenue of ₹7.14 Cr, a growth of 61% compared to the previous year. For the same year it recorded a net profit of ₹4.92 Lakh (net margin 0.7%) and EBITDA of ₹85.64 Lakh (EBITDA margin 12%). Revenue has declined at a compounded annual rate (CAGR) of 3% over three years and 10% over five years.
The company has about 18 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹6.79 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressC/O Ashok Kumar Naik At P.O. Koira Bonaigarh, Odisha, India – 770048
- IndustryTransport and Logistics, Carriers Services
- 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
- One PDF report, delivered after checkout
Business Activity of Bhabani Associates Private Limited
The main business activity of Bhabani Associates is transport and storage. In detail, this covers 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 | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Bhabani Associates Private Limited FY 2025 filings available
Bhabani Associates Private Limited reported revenue of ₹7.14 Cr (up 61% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Bhabani Associates Private Limited
Revenue rose 61% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 10%. EBITDA fell 3% 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 of Bhabani Associates Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹85.64 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹4.92 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Bhabani Associates Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.7% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Bhabani Associates are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Bhabani Associates Private Limited
Bhabani Associates has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rashmirekha Naik | Director | 01 Jul 2019 | 7 Years 3 Months | Current |
| Ashok Kumar Naik Also directs: Utkal Ores and Minerals Private Limited | Managing Director | 17 Aug 2011 | 15 Years 2 Months | Current |
Peer Comparison of Bhabani Associates Private Limited
Bhabani Associates Private Limited is compared with the companies closest to it by revenue in the Transport and Logistics industry (Road Carriers and Trucking). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Fateh Business House Private Limited | ₹7.33 Cr (FY 2022) | •••• | •••• | 22.0% | •••• | Bathinda, Punjab, India |
| Rama Roadways Private Limited | ₹7.29 Cr (FY 2024) | •••• | •••• | -17.0% | •••• | New Delhi, Delhi, India |
| Aayu Logistics Private Limited | ₹7.19 Cr (FY 2025) | •••• | •••• | -2.0% | •••• | Rewari, Haryana, India |
| Sion Shipping Private Limited | ₹7.18 Cr (FY 2025) | •••• | •••• | 31.0% | •••• | Kolkata, West Bengal, India |
| Ramsa Pradhan Logistics Private Limited | ₹7.16 Cr (FY 2024) | •••• | •••• | 1471.0% | •••• | Panvel, Maharashtra, India |
| Bhabani Associates Private Limited this company | ₹7.14 Cr (FY 2025) | •••• | •••• | 61.0% | •••• | Koira, Odisha, India |
| Siby Logistics Private Limited | ₹7.07 Cr (FY 2024) | •••• | •••• | 316.0% | •••• | Hyderabad, Telangana, India |
| Roadstar Express Private Limited | ₹7.05 Cr (FY 2025) | •••• | •••• | -29.0% | •••• | Chennai, Tamil Nadu, India |
| Manidhari Transport Private Limited | ₹7.03 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | Kota, Rajasthan, India |
| Suman Roadways Corporation Private Limited | ₹7.03 Cr (FY 2019) | •••• | •••• | 14.0% | •••• | Navi Mumbai, Maharashtra, India |
| Baid Pariwahan Ltd | ₹7.01 Cr (FY 2025) | •••• | •••• | -2.0% | •••• | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Bhabani Associates by revenue in the Transport and Logistics industry (Road Carriers and Trucking), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Bhabani Associates Private Limited
Bhabani Associates Private Limited is audited by D M ASSOCIATES for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| D M ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Bhabani Associates Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Bhabani Associates Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 11 Dec 2020 | Others | ₹39.8 Lakh | Open |
| 31 Jul 2019 | Tata Capital Financial Services Limited | ₹1.95 Cr | Open |
| 26 Jul 2019 | Others | ₹1.18 Cr | Open |
| 26 Jul 2019 | Others | ₹48.72 Lakh | Open |
| 26 Jul 2019 | Others | ₹48.72 Lakh | Open |
Total charge records: 9 View all charges
Employees and EPFO Compliance at Bhabani Associates Private Limited
Bhabani Associates Private Limited has a workforce of 18 employees as of Apr 07, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Bhabani Associates Private Limited
Bhabani Associates Private Limited has 3 board changes on record since 2011: 2 appointments and 1 cessation. The latest: Rashmirekha Naik was appointed as Director on 01 Jul 2019.
3 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Bhabani Associates Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Bhabani Associates Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Bhabani Associates Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Bhabani Associates Private Limited
Bhabani Associates has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AAFCB0637E1ZD | Odisha | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Bhabani Associates Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Bhabani Associates Private Limited
Bhabani Associates is an active private limited company based in Koira, Odisha, India. The company works in carriers services, within the transport and logistics industry. It was incorporated on 17 August 2011 (15+ years old) and is registered under CIN U14200OR2011PTC014046.
Bhabani Associates reported revenue of ₹7.14 Cr for FY 2025 (up 61% YoY).
Bhabani Associates has 2 current directors:
- Ashok Kumar Naik - Managing Director
- Rashmirekha Naik - Director
Bhabani Associates reported a net profit of ₹4.92 Lakh (net margin 0.7%) and EBITDA of ₹85.64 Lakh (EBITDA margin 12%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Bhabani Associates is -3% over three years and -10% over five years. In the latest year (FY 2025) revenue rose 61%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Bhabani Associates is 21AAFCB0637E1ZD, registered in Odisha.
The CIN (Corporate Identification Number) of Bhabani Associates is U14200OR2011PTC014046. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bhabani Associates was incorporated on 17 August 2011, making it 15+ years old. It is registered with the Registrar of Companies, Cuttack.
The peers of Bhabani Associates by revenue are Fateh Business House Private Limited, Rama Roadways Private Limited, Aayu Logistics Private Limited, Sion Shipping Private Limited, Ramsa Pradhan Logistics Private Limited and 5 more, all in the Transport and Logistics industry (Road Carriers and Trucking).
Rashmirekha Naik was appointed as Director on 01 Jul 2019. Sabitri Naik ceased to be Director on 01 Jul 2019. Ashok Kumar Naik was appointed as Managing Director on 17 Aug 2011.
The registered office of Bhabani Associates is at CO Ashok Kumar Naik At P.O. Koira Bonaigarh, Odisha, India – 770048.