Explore Logistics Private Limited
About Explore Logistics Private Limited
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Explore Logistics Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the passenger transport segment of the transport and logistics sector. It was incorporated on 03 January 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U60232DL2013PTC246992. Its GSTIN is 06AADCE2853M1ZH (Haryana). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Gulwant Singh and Sandip Singh.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at Flat No. L – 7 Ashirwad Kunj J – 3/77 Khirki Extension Malviya Nagar, New Delhi, Delhi, India – 110017.
As per the financials filed for FY 2020, the company reported a revenue of ₹2.92 Cr, a decline of 10% compared to the previous year. For the same year it recorded a net loss of ₹28.86 Lakh (net margin -9.9%) and EBITDA of ₹33.36 Lakh (EBITDA margin 11.4%). Revenue has declined at a compounded annual rate (CAGR) of 9% over three years and 5% over five years.
Court records list 5 cases involving the company, including 5 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Explore Logistics Private Limited's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressFlat No. L – 7 Ashirwad Kunj J – 3/77 Khirki Extension Malviya Nagar, New Delhi, Delhi, India – 110017
- IndustryTransport and Logistics, Passenger Transport
To see the full contact details of Explore Logistics 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 Explore Logistics 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 Explore Logistics Private Limited, buy the company report.
Financials of Explore Logistics Private Limited
FY 2020 filings availableExplore Logistics Private Limited reported revenue of ₹2.92 Cr (down 10% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 5% over five years, including a 10% fall in the latest year. EBITDA fell 43% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹2.92 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹33.36 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹28.86 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11.4% | ||||
| Net Profit Margin | -9.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Current Ratio | |||||
| Quick Ratio | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Explore Logistics Private Limited, buy the company report.
Board of directors of Explore Logistics Private Limited
Explore Logistics has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gulwant Singh | Director | 03 Jan 2013 | 13 Years 9 Months | Current |
| Sandip Singh | Director | 03 Jan 2013 | 13 Years 9 Months | Current |
Peer comparison
Explore Logistics Private Limited is compared with the 7 companies closest to it by revenue in the Transport and Logistics industry (Passenger Transport Services), 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 |
|---|---|---|---|---|---|---|
| Dilrajmanmeet Transportation Private Limited | ₹3.09 Cr (FY 2025) | 0.0% | Indore, Madhya Pradesh, India | |||
| Balajidham Tour and Travels Services Private Limited | ₹3.04 Cr (FY 2025) | 17.0% | Bawal, Haryana, India | |||
| Inter Trans Services (India) Private Limited | ₹2.96 Cr (FY 2025) | -2.0% | Bengaluru, Karnataka, India | |||
| Explore Logistics Private Limitedthis company | ₹2.92 Cr (FY 2020) | -₹28.86 Lakh | -9.9% | -10.0% | New Delhi, Delhi, India | |
| Bhati Bus Services Private Limited | ₹2.91 Cr (FY 2025) | 22.0% | Gurgaon, Haryana, India | |||
| Pankaj Translinks Private Limited | ₹2.89 Cr (FY 2025) | -1.0% | Satna, Madhya Pradesh, India | |||
| Shantadurga Transport Company Private Limited | ₹2.78 Cr (FY 2025) | 5.0% | Vasco, Goa, India | |||
| Patiala Bus Highways Service Private Limited | ₹2.71 Cr (FY 2025) | -24.0% | Patiala, Punjab, India |
To see the full peer comparison of Explore Logistics Private Limited, buy the company report.
Auditor
Explore Logistics Private Limited is audited by KAPIL SACHDEVA & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KAPIL SACHDEVA & CO | FY 2020 | 018730N |
Shareholding
The shareholding of Explore Logistics Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Explore Logistics Private Limited, buy the company report.
Legal cases
Explore Logistics Private Limited has 5 court cases on record: 5 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 5 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South West, Delhi | Cheque dishonour complaint | Filed against the company by HDFC Bank Ltd | Disposed |
| District court, Gurugram, Haryana | Execution petition | Filed against the company by HDFC Bank Limited | Disposed |
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed against the company by Yes Bank Ltd. | Disposed |
| District court, South, Delhi | Court case (OMP (I) (COMM.)) | Filed against the company by Yes Bank | Disposed |
| District court, Kannauj, Uttar Pradesh | Criminal case | Filed against the company by State | Disposed |
To see the full case history of Explore 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
No delayed payments to MSME suppliers are on our record for Explore Logistics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Explore Logistics has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AADCE2853M1ZH | Haryana | Active | 08 Nov 2017 |
To see the full GST registrations and return filing status of Explore Logistics Private Limited, buy the company report.
Recent activity
Explore Logistics Private Limited has 2 board changes on record since 2013: 2 appointments. The latest: Gulwant Singh was appointed as Director on 03 Jan 2013.
Frequently asked questions
Explore Logistics is an active private limited company based in New Delhi, Delhi, India. The company works in passenger transport, within the transport and logistics industry. It was incorporated on 03 January 2013 (13+ years old) and is registered under CIN U60232DL2013PTC246992.
Explore Logistics has 2 current directors:
- Gulwant Singh - Director
- Sandip Singh - Director
The latest financial statements of Explore Logistics on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.
The GSTIN of Explore Logistics is 06AADCE2853M1ZH, registered in Haryana. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Explore Logistics is U60232DL2013PTC246992. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Explore Logistics has 5 court cases on record: 5 filed against it.
Explore Logistics was incorporated on 03 January 2013, making it 13+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Explore Logistics by revenue are Dilrajmanmeet Transportation Private Limited, Balajidham Tour and Travels Services Private Limited, Inter Trans Services (India) Private Limited, Bhati Bus Services Private Limited, Pankaj Translinks Private Limited and 2 more, all in the Transport and Logistics industry (Passenger Transport Services), with the same principal business activity (land transport via road).
Gulwant Singh was appointed as Director on 03 Jan 2013. Sandip Singh was appointed as Director on 03 Jan 2013.
The registered office of Explore Logistics is at Flat No. L – 7 Ashirwad Kunj J – 377 Khirki Extension Malviya Nagar, New Delhi, Delhi, India – 110017.
Explore Logistics operates in the transport and logistics industry, in the passenger transport segment.