DPIIT recognised startup Government of India
Startup India
Drifts Logistics Private Limited - transport and logistics in Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹35.51 Cr
▲ 24% YoY
Net profit · FY 2024
₹1.13 Cr
Net margin 3.2%
EBITDA · FY 2024
₹2.61 Cr
EBITDA margin 7.4%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹4 Lakh
Issued & subscribed
Open charges
₹9.17 Cr
Secured borrowings
Company age
7 yrs
Est. 2019
Employees · EPFO
9
Provident fund records
About Drifts Logistics Private Limited
Data last updated:
Drifts Logistics Private Limited is a private limited company based in Delhi, India, recognised as a startup by DPIIT. It operates in the integrated logistics and supply chain solutions segment of the transport and logistics sector. It was incorporated on 29 March 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U63090DL2019PTC347991. Its GSTIN is 07AAHCD1679C1ZR (Delhi). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹4 Lakh. It is led by directors including Deepak Khatri and Ravinder Khatri.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Flat No 632 Plot No – 15 3rd Floor Co – Ghs Sunheri Bagh Apartments Sector – 13 Rohin, I, Delhi, India – 110085.
As per the financials filed for FY 2024, the company reported a revenue of ₹35.51 Cr, a growth of 24% compared to the previous year. For the same year it recorded a net profit of ₹1.13 Cr (net margin 3.2%) and EBITDA of ₹2.61 Cr (EBITDA margin 7.4%). Revenue has grown at a compounded annual rate (CAGR) of 45% over three years.
The company has about 9 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹9.17 Cr on record. Court records list 1 case involving the company, including 1 filed against it.
Drifts Logistics Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-06-0056843). For more details, the company can be reached via its website driftslogistics.com.
Company details
CIN U63090DL2019PTC347991
Registration Number 347991
Incorporation Date 29 March 2019
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
DPIIT Recognition Recognised Startup
MSME Classification Small
Udyam Registration UDYAM-DL-06-0056843
Recognitions & Rankings of Drifts Logistics
MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-DL-06-0056843
Contact details
Drifts Logistics Private Limited's registered office is in Delhi, Delhi. Its website is driftslogistics.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressFlat No 632 Plot No – 15 3rd Floor Co – Ghs Sunheri Bagh Apartments Sector – 13 Rohin, I, Delhi, India – 110085
- IndustryTransport and Logistics, Integrated & Diversified Logistics Services
To see the full contact details of Drifts Logistics Private Limited, buy the company report.
Comprehensive company report
Drifts 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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Business activity
The main business activity of Drifts Logistics 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 Drifts Logistics Private Limited, buy the company report.
Financials of Drifts Logistics Private Limited
FY 2024 filings availableDrifts Logistics Private Limited reported revenue of ₹35.51 Cr (up 24% YoY) for FY 2024.
Revenue · FY 2024
₹35.51 Cr ▲ 24%
Net profit · FY 2024
₹1.13 Cr margin 3.2%
EBITDA · FY 2024
₹2.61 Cr margin 7.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 24%
3 years · compounded
▲ 45%
EBITDA CAGR growth
1 year
▲ 161%
3 years · compounded
▲ 169%
Revenue has grown at a compounded annual rate (CAGR) of 45% over three years, including 24% growth in the latest year. EBITDA rose 161% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹2.61 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.13 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.4% | ||||
| Net Profit Margin | 3.2% | ||||
| 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 Drifts Logistics Private Limited, buy the company report.
Board of directors of Drifts Logistics Private Limited
Drifts Logistics has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Deepak Khatri Also directs: Aveer Green Energy Private Limited | Director | 29 Mar 2019 | 7 Years 7 Months | Current |
| Ravinder Khatri Also directs: Aveer Green Energy Private Limited | Director | 29 Mar 2019 | 7 Years 7 Months | Current |
| Varuna Ahlawat | Director | 28 Jul 2021 | 5 Years 3 Months | Current |
Auditor
Drifts Logistics Private Limited is audited by SUMER GARG & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SUMER GARG & CO. | FY 2023 | 02606N |
Shareholding
The shareholding of Drifts Logistics Private Limited is on record for 3 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Drifts Logistics Private Limited, buy the company report.
Charges & borrowings
Open charges
₹9.17 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Sep 2025 | 101183284 | Others | ₹50 Lakh | Open | |
| 11 Sep 2025 | 101179496 | Others | ₹50 Lakh | Open | |
| 05 Jul 2025 | 101155998 | Hdfc Bank Limited | ₹18.14 Lakh | Open | |
| 21 Nov 2024 | 101012050 | State Bank of India | ₹4.24 Cr | Open | |
| 01 Feb 2023 | 100689385 | Others | ₹95 Lakh | Open |
To see the full charge records of Drifts Logistics Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Drifts Logistics Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Total cases
1
Filed against the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, North West, Delhi | Civil suit | Filed against the company by State | Disposed |
To see the full case history of Drifts Logistics 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
Drifts Logistics Private Limited has 4 MSME Form 1 returns on record between 2021 and 2022, listing 10 overdue payments to 6 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 6)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Shantichandra Cold Logistics Private Limited | |||
| an individual supplier | |||
| Khatri Roadlines | |||
| Cool Speedy Singhs Logistics LLP | |||
| Spanfield Logistics Private Limited |
To see the full MSME payment records of Drifts Logistics Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Drifts Logistics Private Limited has a workforce of 9 employees on its EPFO records as of Mar 30, 2024, across 1 active EPFO establishment.
Employee count
9
Active EPFO establishments
1
GST
Drifts Logistics has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAHCD1679C1ZR | Delhi | Active | 12 May 2019 |
| 09AAHCD1679C1ZN | Uttar Pradesh | Active | 19 Dec 2024 |
To see the full GST registrations and return filing status of Drifts Logistics Private Limited, buy the company report.
Recent activity
Drifts Logistics Private Limited has 4 board changes on record since 2019: 3 appointments and 1 cessation. The latest: Varuna Ahlawat ceased to be Additional Director on 30 Nov 2021.
Charges
A charge with Others amounted to Rs. 50.00 Lakh with Charge ID 101183284 was registered on 30 Sep 2025.
Charges
A charge with Others amounted to Rs. 50.00 Lakh with Charge ID 101179496 was registered on 11 Sep 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 18.14 Lakh with Charge ID 101155998 was registered on 05 Jul 2025.
Charges
A charge with State Bank Of India amounted to Rs. 424.00 Lakh with Charge ID 101012050 was registered on 21 Nov 2024.
AGM
Drifts Logistics Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Drifts Logistics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
Charges
A charge with Others of Rs. 280.00 Lakh registered on 13 Jun 2022 with Charge ID 100593413 was modified on 08 Jun 2023.
Charges
A charge with Others amounted to Rs. 95.00 Lakh with Charge ID 100689385 was registered on 01 Feb 2023.
Charges
A charge with Others amounted to Rs. 280.00 Lakh with Charge ID 100593413 was registered on 13 Jun 2022.
Ceased
Varuna Ahlawat ceased to be Additional Director.
Appointed
Varuna Ahlawat was appointed as Director.
Appointed
Deepak Khatri was appointed as Director.
2 earlier events are in the company report.
Frequently asked questions
Drifts Logistics is an active private limited company based in Delhi, India. The company works in integrated and diversified logistics services, within the transport and logistics industry. It was incorporated on 29 March 2019 (7+ years old) and is registered under CIN U63090DL2019PTC347991.
Drifts Logistics has 3 current directors:
- Deepak Khatri - Director
- Ravinder Khatri - Director
- Varuna Ahlawat - Director
The latest financial statements of Drifts Logistics on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Drifts Logistics is 07AAHCD1679C1ZR, registered in Delhi. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 09AAHCD1679C1ZN (Uttar Pradesh).
The CIN (Corporate Identification Number) of Drifts Logistics is U63090DL2019PTC347991. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Drifts Logistics has 1 court case on record: 1 filed against it.
Drifts Logistics was incorporated on 29 March 2019, making it 7+ years old. It is registered with the Registrar of Companies, Delhi.
Varuna Ahlawat ceased to be Additional Director on 30 Nov 2021. Varuna Ahlawat was appointed as Director on 28 Jul 2021. Deepak Khatri was appointed as Director on 29 Mar 2019. Drifts Logistics has 4 board changes on record in total.
Yes, Drifts Logistics is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Drifts Logistics is registered as a small enterprise under Udyam registration (number: UDYAM-DL-06-0056843).
Drifts Logistics has 4 MSME Form 1 returns on record between 2021 and 2022, listing 10 overdue payments to 6 micro and small suppliers. The latest return was filed on 10 Sep 2023.
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