MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0222282
Cartel Transit Services Private Limited
Cartel Transit Services Private Limited - business outsourcing in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹1.5 Cr
▼ 22% YoY
Net profit · FY 2025
₹10,761
Net margin 0.1%
EBITDA · FY 2025
₹14,922
EBITDA margin 0.1%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
9 yrs
Est. 2017
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Cartel Transit Services Private Limited
Data last updated:
Cartel Transit Services Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 23 August 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2017PTC105811. Its GSTIN is 29AAHCC1618C1ZZ (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Shivakumar Gangaiah Gowda and Kenche Gowda Hanume Gowda Lakshmisagara.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No. 15 Srisha Nilaya Halagevaderahalli Mg Lyt Papayya Lyt Rajarajeshwarinagar, Bangalore, Karnataka, India – 560098.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.5 Cr, a decline of 22% compared to the previous year. For the same year it recorded a net profit of ₹10,761 (net margin 0.1%) and EBITDA of ₹14,922 (EBITDA margin 0.1%). Revenue has declined at a compounded annual rate (CAGR) of 3% over five years.
Cartel Transit Services Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0222282). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U74999KA2017PTC105811
Registration Number 105811
Incorporation Date 23 August 2017
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0222282
Recognitions & Rankings of Cartel Transit Services
Contact details
Cartel Transit Services Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo. 15 Srisha Nilaya Halagevaderahalli Mg Lyt Papayya Lyt Rajarajeshwarinagar, Bangalore, Karnataka, India – 560098
- IndustryBusiness Outsourcing, HR Outsourcing & Talent Management
To see the full contact details of Cartel Transit Services Private Limited, buy the company report.
Comprehensive company report
Cartel Transit Services 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Cartel Transit Services is support service to organizations. In detail, this covers other support services to organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Cartel Transit Services Private Limited, buy the company report.
Financials of Cartel Transit Services Private Limited
FY 2025 filings availableCartel Transit Services Private Limited reported revenue of ₹1.5 Cr (down 22% YoY) for FY 2025.
Revenue · FY 2025
₹1.5 Cr ▼ 22%
Net profit · FY 2025
₹10,761 margin 0.1%
EBITDA · FY 2025
₹14,922 margin 0.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 22%
5 years · compounded
▼ 3%
EBITDA CAGR growth
1 year
▼ 96%
3 years · compounded
▼ 40%
5 years · compounded
▼ 50%
Revenue has declined at a compounded annual rate (CAGR) of 3% over five years, including a 22% fall in the latest year. EBITDA fell 96% 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 | ₹14,922 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹10,761 | ||||
| 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 | 0.1% | ||||
| Net Profit Margin | 0.1% | ||||
| 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 Cartel Transit Services Private Limited, buy the company report.
Board of directors of Cartel Transit Services Private Limited
Cartel Transit Services has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shivakumar Gangaiah Gowda | Director | 23 Aug 2017 | 9 Years 2 Months | Current |
| Kenche Gowda Hanume Gowda Lakshmisagara | Director | 23 Aug 2017 | 9 Years 2 Months | Current |
Auditor
Cartel Transit Services Private Limited is audited by SHIVA MOHAN & AITHAL for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHIVA MOHAN & AITHAL | FY 2021 | 008087S |
Shareholding
The shareholding of Cartel Transit Services Private Limited is on record for 3 financial years, the latest being FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Cartel Transit Services Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Cartel Transit Services 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 Cartel Transit Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Cartel Transit Services has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAHCC1618C1ZZ | Karnataka | Active | 04 Sep 2017 |
To see the full GST registrations and return filing status of Cartel Transit Services Private Limited, buy the company report.
Recent activity
Cartel Transit Services Private Limited has 2 board changes on record since 2017: 2 appointments. The latest: Kenche Gowda Hanume Gowda Lakshmisagara was appointed as Director on 23 Aug 2017.
AGM
Cartel Transit Services Private Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Filing
Cartel Transit Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Appointed
Kenche Gowda Hanume Gowda Lakshmisagara was appointed as Director.
Appointed
Shivakumar Gangaiah Gowda was appointed as Director.
Incorporation
23 Aug 2017
Cartel Transit Services Private Limited was registered on 23 Aug 2017 with Roc Bangalore & aged 9 years 2 months as per MCA records.
Frequently asked questions
Cartel Transit Services is an active private limited company based in Bangalore, Karnataka, India. The company works in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 23 August 2017 (9+ years old) and is registered under CIN U74999KA2017PTC105811.
Cartel Transit Services has 2 current directors:
- Shivakumar Gangaiah Gowda - Director
- Kenche Gowda Hanume Gowda Lakshmisagara - Director
The latest financial statements of Cartel Transit Services on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Cartel Transit Services is 29AAHCC1618C1ZZ, registered in Karnataka.
The CIN (Corporate Identification Number) of Cartel Transit Services is U74999KA2017PTC105811. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Cartel Transit Services was incorporated on 23 August 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.
Kenche Gowda Hanume Gowda Lakshmisagara was appointed as Director on 23 Aug 2017. Shivakumar Gangaiah Gowda was appointed as Director on 23 Aug 2017.
Yes, Cartel Transit Services is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0222282).
The registered office of Cartel Transit Services is at No. 15 Srisha Nilaya Halagevaderahalli Mg Lyt Papayya Lyt Rajarajeshwarinagar, Bangalore, Karnataka, India – 560098.
Cartel Transit Services operates in the business outsourcing industry, in the HR outsourcing and talent management segment.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
Swiggy Limited Listed company · 92 pages
BharatPe (Resilient Innovations Pvt Ltd) Unlisted company · 78 pages