Caravel Logistics Private Limited

Caravel Logistics Private Limited - transport and logistics in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
CIN U63090TN1994PTC027880 Incorporated 27 June 1994 ROC Chennai HQ Chennai, Tamil Nadu, India
Active Private Limited Company transport and logistics MSME · Medium
Data last updated
Revenue · FY 2025
₹43.32 Cr
▼ 18% YoY
Net loss · FY 2025
₹3.63 Cr
Net margin -8.4%
EBITDA · FY 2025
-₹4.17 Cr
EBITDA margin -9.6%
Authorised capital
₹30 Cr
Registered with MCA
Paid-up capital
₹28 Cr
Issued & subscribed
Open charges
₹2.18 Cr
Satisfied ₹39.79 Cr
Company age
32 yrs
Est. 1994
Employees · EPFO
76
Provident fund records

About Caravel Logistics Private Limited

Data last updated:

Caravel Logistics Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the integrated logistics and supply chain solutions segment of the transport and logistics sector. It was incorporated on 27 June 1994 and has been in existence for over 32 years.

The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U63090TN1994PTC027880. Its GSTIN is 33AAACC2299J1ZN (Tamil Nadu). The company holds 12 GST registrations, of which 10 are active.

The company has an authorised share capital of ₹30 Cr and a paid-up capital of ₹28 Cr. It was formerly known as Caravel Shipping Services Private Limited. It is led by directors Saju Chacko (Managing Director) and Susha Saju.

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 No484 Pantheon Pl Pantheonroadegmore Chennai – 600008. Tamil Nadu, Tamil Nadu, India – 600008.

As per the financials filed for FY 2025, the company reported a revenue of ₹43.32 Cr, a decline of 18% compared to the previous year. For the same year it recorded a net loss of ₹3.63 Cr (net margin -8.4%) and EBITDA of -₹4.17 Cr (EBITDA margin -9.6%). Revenue has declined at a compounded annual rate (CAGR) of 32% over three years and 9% over five years.

The company has about 76 employees on its provident fund (EPFO) records.

The company is associated with 2 brands: Caravel Logistics and Caravel Logistics. As per MCA filings, the company has open charges of ₹2.18 Cr and satisfied charges of ₹39.79 Cr on record. Court records list 205 cases involving the company, including 148 filed by the company and 57 filed against it; 28 cases are pending. The company has 6 deals on record (3 funding rounds, 2 secondary share transfers, 1 acquisition), with disclosed funding of ₹80.7 Lakh; the latest was in December 2014. The company has 4 MSME Form 1 returns on record for the period ending Sep 2023, listing 34 overdue payments to 14 micro and small suppliers.

Caravel Logistics Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0010758). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website caravel.in.

Company details

CIN U63090TN1994PTC027880
Registration Number 027880
Incorporation Date 27 June 1994
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-TN-02-0010758
Key People
Saju Chacko Managing Director Susha Saju Director

Recognitions & Rankings of Caravel Logistics

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-TN-02-0010758

Contact details

Caravel Logistics Private Limited's registered office is in Chennai, Tamil Nadu. Its website is caravel.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    caravel.in
  • Social Media
  • Registered Address
    No484 Pantheon Pl Pantheonroadegmore Chennai – 600008. Tamil Nadu, Tamil Nadu, India – 600008
  • Industry
    Transport and Logistics, Integrated & Diversified Logistics Services

To see the full contact details of Caravel Logistics Private Limited, buy the company report.

Comprehensive company report
Caravel Logistics 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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Brands

Caravel Logistics operates two associated brands: Caravel Logistics and Caravel Logistics. Each brand links to its own profile.

BrandDescriptionWebsite
Caravel Logistics
A logistics firm offering comprehensive transportation solutions for businesses.caravellogistics.com
Caravel Logistics
Multimodal freight forwarding services are provided from Chennai, India.caravel.in

Business activity

The main business activity of Caravel Logistics is transport and storage. In detail, this covers water transport.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
HTransport and storageH3Water transport

To see the full business activity and turnover split of Caravel Logistics Private Limited, buy the company report.

Financials of Caravel Logistics Private Limited

FY 2025 filings available

Caravel Logistics Private Limited reported revenue of ₹43.32 Cr (down 18% YoY) for FY 2025.

Revenue · FY 2025
₹43.32 Cr ▼ 18%
Net loss · FY 2025
₹3.63 Cr margin -8.4%
EBITDA · FY 2025
-₹4.17 Cr margin -9.6%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 18%
3 years · compounded
▼ 32%
5 years · compounded
▼ 9%

Revenue has declined at a compounded annual rate (CAGR) of 9% over five years, including a 18% fall 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹43.32 Cr
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA-₹4.17 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹3.63 Cr
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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin-9.6%
Net Profit Margin-8.4%
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 Caravel Logistics Private Limited, buy the company report.

Board of directors of Caravel Logistics Private Limited

Caravel Logistics has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Saju Chacko
Also directs: Logistics Expeditors India Private Limited
Managing Director27 Jun 199432 Years 4 MonthsCurrent
Susha Saju
Also directs: Logistics Expeditors India Private Limited
Director07 Oct 20215 Years 0 MonthsCurrent
View all directors

Auditor

Caravel Logistics Private Limited is audited by A Anil & Associates for the financial year 2024.

Auditor firmFinancial yearFirm registration number
A Anil & AssociatesFY 2024025419S

Shareholding

The shareholding of Caravel Logistics Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2024FY 2023FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Caravel Logistics Private Limited, buy the company report.

Charges & borrowings

Open charges
₹2.18 Cr
Satisfied charges
₹39.79 Cr
Breakdown by lending institutions
Others₹1.99 Cr
Bank of India₹0.19 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
31 Dec 2025101230308Others₹1.99 CrOpen
06 Jun 2022100587373Bank of India₹19 LakhOpen
20 Mar 2023100725181Others₹1.2 CrSatisfied
29 Mar 2016100034376Others₹3.01 CrSatisfied
29 Dec 201510614511Icici Bank Limited₹35.94 LakhSatisfied

To see the full charge records of Caravel Logistics Private Limited, buy the company report.

Total charge records: 16 View all charges

Deals & funding

Caravel Logistics Private Limited has 6 deals on record (3 funding rounds, 2 secondary share transfers, 1 acquisition), with disclosed funding of ₹80.7 Lakh; the latest was in December 2014.

Total deals
6
Funding rounds
3
Secondary share transfers
2
Acquisition
1
Disclosed funding
₹80.7 Lakh

Deals on record (5 of 6)

WhenDealAmountParties
Dec 2014Secondary share transferUndisclosedBuyer: an individual
Seller: an individual
Jul 2009Acquisition₹25 CrBuyer: EQ India Advisors
Mar 2008Funding round₹35 LakhInvestors: 2 individuals
Oct 2007Secondary share transferUndisclosedBuyer: an individual
Seller: an individual
Mar 2006Funding round₹10.3 LakhInvestors: 2 individuals

To see the full deal history of Caravel Logistics Private Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Credit ratings & regulatory alerts

Caravel Logistics Private Limited was last rated by Indiarating on 03 Feb 2021.

Rating agencyRated onRating
Indiarating03 Feb 2021

To see the full credit ratings and regulatory alerts of Caravel Logistics Private Limited, buy the company report.

MSME payment delays

Caravel Logistics Private Limited has 4 MSME Form 1 returns on record for the period ending Sep 2023, listing 34 overdue payments to 14 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 14)

SupplierAmount dueDue sinceReported on
Will Marine Container Service Private Limited
United Freight Container Terminal
Pristine Mega Logistics Park Private Limited
Om Shailshuta Logistics Private Limited
an individual supplier

To see the full MSME payment records of Caravel Logistics Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Caravel Logistics Private Limited has a workforce of 76 employees on its EPFO records as of Sep 23, 2025, across 1 active EPFO establishment.

Employee count
76
Active EPFO establishments
1
Employee growth
4.11%

GST

Caravel Logistics has 12 GST registrations: 10 active and 2 cancelled or inactive. The first 4 active GSTINs are listed below.

Total GSTINs
12
Active
10
Cancelled / inactive
2
GSTINStateStatusRegistered on
33AAACC2299J1ZNTamil NaduActive01 Jul 2017
33AAACC2299J2ZMTamil NaduActive18 Mar 2025
03AAACC2299J1ZQPunjabActive01 Jul 2017
07AAACC2299J1ZIDelhiActive01 Jul 2017

To see the full GST registrations and return filing status of Caravel Logistics Private Limited, buy the company report.

Recent activity

Caravel Logistics Private Limited has 8 board changes on record since 1994: 2 appointments and 6 cessations. The latest: Susha Saju ceased to be Additional Director on 14 Oct 2021.

Charges
A charge registered on 20 Mar 2023 via Charge ID 100725181 with Others was fully satisfied on 23 Mar 2026.
Charges
A charge with Others amounted to Rs. 1.99 Cr with Charge ID 101230308 was registered on 31 Dec 2025.
AGM
Caravel Logistics Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Caravel Logistics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chennai.
Charges
A charge registered on 29 Mar 2016 via Charge ID 100034376 with Others was fully satisfied on 17 Sep 2024.
Charges
A charge with Others amounted to Rs. 1.20 Cr with Charge ID 100725181 was registered on 20 Mar 2023.
Charges
A charge registered on 24 Jun 2009 via Charge ID 10166831 with Axis Bank Limited was fully satisfied on 23 Nov 2022.
Charges
A charge with Bank Of India amounted to Rs. 0.19 Cr with Charge ID 100587373 was registered on 06 Jun 2022.
Charges
A charge registered on 21 Apr 2010 via Charge ID 10219508 with Axis Bank Limited was fully satisfied on 10 Mar 2022.
Charges
A charge registered on 31 Mar 2010 via Charge ID 10212745 with Axis Bank Limited was fully satisfied on 10 Mar 2022.
Charges
A charge registered on 29 Dec 2015 via Charge ID 10614511 with Icici Bank Limited was fully satisfied on 08 Feb 2022.
Charges
A charge registered on 31 Jan 2015 via Charge ID 10549727 with Icici Bank Limited was fully satisfied on 08 Feb 2022.

32 earlier events are in the company report.

Frequently asked questions

Caravel Logistics is an active private limited company based in Chennai, Tamil Nadu, India. The company works in integrated and diversified logistics services, within the transport and logistics industry. It was incorporated on 27 June 1994 (32+ years old) and is registered under CIN U63090TN1994PTC027880.

Caravel Logistics has 2 current directors:

The latest financial statements of Caravel Logistics 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 Caravel Logistics is 33AAACC2299J1ZN, registered in Tamil Nadu. The company has 12 GST registrations in all, of which 10 are active and 2 are cancelled or inactive. Other active GSTINs include 33AAACC2299J2ZM (Tamil Nadu), 03AAACC2299J1ZQ (Punjab), 07AAACC2299J1ZI (Delhi).

The CIN (Corporate Identification Number) of Caravel Logistics is U63090TN1994PTC027880. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Caravel Logistics has 205 court cases on record: 148 filed by the company and 57 filed against it. 28 are pending. Most are in the high courts.

Caravel Logistics was incorporated on 27 June 1994, making it 32+ years old. It is registered with the Registrar of Companies, Chennai.

Caravel Logistics has 6 deals on record (3 funding rounds, 2 secondary share transfers, 1 acquisition), with disclosed funding of ₹80.7 Lakh; the latest was in December 2014.

Susha Saju ceased to be Additional Director on 14 Oct 2021. Chambath Jayakrishnan ceased to be Director on 07 Oct 2021. Susha Saju was appointed as Director on 07 Oct 2021. Caravel Logistics has 8 board changes on record in total.

Yes, Caravel Logistics is registered as a medium enterprise under Udyam registration (number: UDYAM-TN-02-0010758).

Caravel Logistics has 4 MSME Form 1 returns on record for the period ending Sep 2023, listing 34 overdue payments to 14 micro and small suppliers. The latest return was filed on 16 Dec 2023.