
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.
Company details
Contact details
Bhabani Associates Private Limited's registered office is in Koira, Odisha. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressC/O Ashok Kumar Naik At P.O. Koira Bonaigarh, Odisha, India – 770048
- IndustryTransport and Logistics, Carriers Services
To see the full contact details of Bhabani Associates Private Limited, 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
Business activity
The main business activity of Bhabani Associates 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 Bhabani Associates Private Limited, buy the company report.
Financials of Bhabani Associates Private Limited
FY 2025 filings availableBhabani Associates Private Limited reported revenue of ₹7.14 Cr (up 61% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
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
| 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
| 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 | |||||
To see the full financial statements and ratios of Bhabani Associates Private Limited, buy the company report.
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
Bhabani Associates Private Limited is compared with the 6 companies closest to it by revenue in the Transport and Logistics industry (Road Carriers and Trucking), with the same principal business activity (land transport via road), from the latest filed financials of each company.
| 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 | |||
| Bhabani Associates Private Limitedthis company | ₹7.14 Cr (FY 2025) | ₹4.92 Lakh | 0.7% | 61.0% | 18 | Koira, Odisha, 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 |
To see the full peer comparison of Bhabani Associates Private Limited, buy the company report.
Auditor
Bhabani Associates Private Limited is audited by D M ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D M ASSOCIATES | FY 2019 | 320306E |
Shareholding
The shareholding of Bhabani Associates Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Bhabani Associates Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Dec 2020 | 100394475 | Others | ₹39.8 Lakh | Open | |
| 31 Jul 2019 | 100280845 | Tata Capital Financial Services Limited | ₹1.95 Cr | Open | |
| 26 Jul 2019 | 100280602 | Others | ₹1.18 Cr | Open | |
| 26 Jul 2019 | 100280603 | Others | ₹48.72 Lakh | Open | |
| 26 Jul 2019 | 100280604 | Others | ₹48.72 Lakh | Open |
Total charge records: 9 View all charges
Legal cases
No court or tribunal cases involving Bhabani Associates Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Bhabani Associates Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Bhabani Associates Private Limited has a workforce of 18 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Bhabani Associates has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AAFCB0637E1ZD | Odisha | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Bhabani Associates Private Limited, buy the company report.
Recent activity
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 in the company report.
Frequently asked questions
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 has 2 current directors:
- Ashok Kumar Naik - Managing Director
- Rashmirekha Naik - Director
The latest financial statements of Bhabani Associates 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 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, Roadstar Express Private Limited, Manidhari Transport Private Limited, Suman Roadways Corporation Private Limited and 1 more, all in the Transport and Logistics industry (Road Carriers and Trucking), with the same principal business activity (land transport via road).
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.
Bhabani Associates operates in the transport and logistics industry, in the carriers services segment.
Bhabani Associates has open charges of ₹6.79 Cr and no satisfied charges on record as per latest MCA filings.