MSME (Udyam registered) Ministry of MSME
- Category
- Small (2020-21)
- Udyam number
- UDYAM-KR-22-0001340
Friendly Logistics (India) Private Limited - transport and logistics in Mysore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2021
₹45.28 Cr
▼ 9% YoY
Net profit · FY 2021
₹45.3 Lakh
Net margin 1%
EBITDA · FY 2021
₹3.28 Cr
EBITDA margin 7.2%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹3.36 Cr
Issued & subscribed
Open charges
₹24.05 Cr
Satisfied ₹65.63 Cr
Company age
24 yrs
Est. 2002
Employees · EPFO
35
Provident fund records
About Friendly Logistics (India) Private Limited
Data last updated:
Friendly Logistics (India) Private Limited is a private limited company based in Mysore, Karnataka, India. It operates in the moving and relocation services segment of the transport and logistics sector. It was incorporated on 20 August 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U63090KA2002PTC030907. Its GSTIN is 29AAACF7342K2ZC (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹3.36 Cr. It is led by directors including Jyothsna Yashodhar Nayak and Yashodara Ganapa Nayak.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at No.262 KIADB Herbal Industrial Area Mysore., Karnataka, India – 570018.
As per the financials filed for FY 2021, the company reported a revenue of ₹45.28 Cr, a decline of 9% compared to the previous year. For the same year it recorded a net profit of ₹45.3 Lakh (net margin 1%) and EBITDA of ₹3.28 Cr (EBITDA margin 7.2%). Revenue has declined at a compounded annual rate (CAGR) of 4% over three years and 4% over five years.
The company has about 35 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹24.05 Cr and satisfied charges of ₹65.63 Cr on record. Court records list 42 cases involving the company, including 12 filed by the company and 30 filed against it; 7 cases are pending.
Friendly Logistics (India) Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-22-0001340). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website friendlymotors.in.
Company details
CIN U63090KA2002PTC030907
Registration Number 030907
Incorporation Date 20 August 2002
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 November 2021
Date of Balance Sheet 31 March 2021
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-22-0001340
Recognitions & Rankings of Friendly Logistics (India)
Contact details
Friendly Logistics (India) Private Limited's registered office is in Mysore, Karnataka. Its website is friendlymotors.in. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressNo.262 KIADB Herbal Industrial Area Mysore., Karnataka, India – 570018
- IndustryTransport and Logistics, Moving & Relocation Services, Integrated & Diversified Logistics Services
To see the full contact details of Friendly Logistics (India) Private Limited, buy the company report.
Comprehensive company report
Friendly Logistics (India) 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 Friendly Logistics (India) 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 Friendly Logistics (India) Private Limited, buy the company report.
Financials of Friendly Logistics (India) Private Limited
FY 2021 filings availableFriendly Logistics (India) Private Limited reported revenue of ₹45.28 Cr (down 9% YoY) for FY 2021.
Revenue · FY 2021
₹45.28 Cr ▼ 9%
Net profit · FY 2021
₹45.3 Lakh margin 1%
EBITDA · FY 2021
₹3.28 Cr margin 7.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 9%
3 years · compounded
▼ 4%
5 years · compounded
▼ 4%
EBITDA CAGR growth
1 year
▲ 4%
3 years · compounded
▲ 7%
5 years · compounded
▼ 12%
Revenue has declined at a compounded annual rate (CAGR) of 4% over five years, including a 9% fall in the latest year. EBITDA rose 4% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹45.28 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹3.28 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹45.3 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.2% | ||||
| Net Profit Margin | 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 Friendly Logistics (India) Private Limited, buy the company report.
Board of directors of Friendly Logistics (India) Private Limited
Friendly Logistics (India) 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 |
|---|---|---|---|---|
| Jyothsna Yashodhar Nayak | Director | 20 Aug 2002 | 24 Years 2 Months | Current |
| Yashodara Ganapa Nayak Also directs: Friendly Homes India Private Limited, Friendly Motors (India) Private Limited, Sri Mitra Food Products Private Limited and 1 more | Director | 20 Aug 2002 | 24 Years 2 Months | Current |
| Nayak Subha Also directs: Friendly Homes India Private Limited, Friendly Motors (India) Private Limited, Sri Mitra Food Products Private Limited and 2 more | Director | 20 Aug 2002 | 24 Years 2 Months | Current |
Peer comparison
Friendly Logistics (India) Private Limited is compared with the 3 companies closest to it by revenue in the Transport and Logistics industry (Diversified Logistics, Packers and Movers), 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 |
|---|---|---|---|---|---|---|
| Inani Coal Services Pvt Ltd | ₹45.34 Cr (FY 2025) | -48.0% | Kolkata, West Bengal, India | |||
| Friendly Logistics (India) Private Limitedthis company | ₹45.28 Cr (FY 2021) | ₹45.3 Lakh | 1% | -9.0% | 35 | Mysore, Karnataka, India |
| Panna Sales Private Limited | ₹45.04 Cr (FY 2025) | -9.0% | Kolkata, West Bengal, India | |||
| Sar Parivahan Private Limited | ₹45 Cr (FY 2025) | -10.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Friendly Logistics (India) Private Limited, buy the company report.
Auditor
Friendly Logistics (India) Private Limited is audited by E S & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| E S & ASSOCIATES | FY 2021 | 011236S |
Shareholding
The shareholding of Friendly Logistics (India) Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Friendly Logistics (India) Private Limited, buy the company report.
Charges & borrowings
Open charges
₹24.05 Cr
Satisfied charges
₹65.63 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Jul 2020 | 100384961 | Karnataka Bank Ltd. | ₹3.3 Cr | Open | |
| 30 Jul 2019 | 100283534 | Karnataka Bank Ltd. | ₹17 Cr | Open | |
| 27 Dec 2012 | 10394779 | Kotak Mahindra Bank Limited | ₹2.5 Cr | Open | |
| 30 Jan 2004 | 90199696 | Ing Vysya Bank Limited | ₹1.25 Cr | Open | |
| 22 Jul 2011 | 10306678 | Corporation Bank | ₹5.13 Cr | Satisfied |
To see the full charge records of Friendly Logistics (India) Private Limited, buy the company report.
Total charge records: 16 View all charges
Legal cases
Friendly Logistics (India) Private Limited has 42 court cases on record: 12 filed by Friendly Logistics (India), 30 filed against it. 7 cases are pending and 35 are disposed.
Total cases
42
Filed by the company
12
Filed against the company
30
Pending
7
Disposed
35
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 34 | 26 | 3 |
| High courts | 8 | 4 | 4 |
Cases on record (5 of 42)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, MYSURU, Karnataka | Criminal complaint | Filed against the company by Karnataka Bank Ltd | Pending |
| High Court of Karnataka | Writ petition | Filed by the company against Karnataka Bank Limited | Pending |
| District court, MYSURU, Karnataka | Civil suit | Filed by the company against The Proprietor, Aditya Auto Engineering Pvt. Ltd., and 1 other | Pending |
| High Court of Karnataka | Appeal | Filed by the company against M/S United India Insurance Company Ltd and 1 other | Pending |
| High Court of Karnataka | Appeal | Filed by the company against M/S Meritor H.V.S. (India) Ltd and 1 other | Pending |
To see the full case history of Friendly Logistics (India) 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 Friendly Logistics (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Friendly Logistics (India) Private Limited has a workforce of 35 employees on its EPFO records as of Mar 30, 2024, across 1 active EPFO establishment.
Employee count
35
Active EPFO establishments
1
Employee growth
-2.78%
GST
Friendly Logistics (India) has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACF7342K2ZC | Karnataka | Active | 14 Jul 2017 |
To see the full GST registrations and return filing status of Friendly Logistics (India) Private Limited, buy the company report.
Recent activity
Friendly Logistics (India) Private Limited has 4 board changes on record since 2002: 3 appointments and 1 cessation. The latest: Raghuchaitanya Yashodhar Nayak ceased to be Managing Director on 24 Oct 2024.
Ceased
Raghuchaitanya Yashodhar Nayak ceased to be Managing Director.
Charges
A charge with Karnataka Bank Ltd. of Rs. 17.00 Cr registered on 30 Jul 2019 with Charge ID 100283534 was modified on 05 May 2022.
AGM
Friendly Logistics (India) Private Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.
Filing
Friendly Logistics (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Bangalore.
Charges
A charge with Karnataka Bank Ltd. amounted to Rs. 3.30 Cr with Charge ID 100384961 was registered on 03 Jul 2020.
Charges
A charge registered on 29 Oct 2004 via Charge ID 80021259 with State Bank Of India was fully satisfied on 10 Jun 2020.
Charges
A charge with Karnataka Bank Ltd. amounted to Rs. 17.00 Cr with Charge ID 100283534 was registered on 30 Jul 2019.
Charges
A charge registered on 22 Jul 2011 via Charge ID 10306678 with Corporation Bank was fully satisfied on 22 Sep 2015.
Charges
A charge registered on 21 Mar 2011 via Charge ID 10282145 with State Bank Of India was fully satisfied on 11 Sep 2015.
Charges
A charge registered on 10 Nov 2009 via Charge ID 10192761 with State Bank Of India was fully satisfied on 11 Sep 2015.
Charges
A charge registered on 29 Oct 2004 via Charge ID 90199772 with State Bank Of India was fully satisfied on 11 Sep 2015.
Charges
A charge registered on 29 Oct 2004 via Charge ID 90198500 with State Bank Of India was fully satisfied on 11 Sep 2015.
30 earlier events are in the company report.
Frequently asked questions
Friendly Logistics (India) is an active private limited company based in Mysore, Karnataka, India. The company works in moving and relocation services, within the transport and logistics industry. It was incorporated on 20 August 2002 (24+ years old) and is registered under CIN U63090KA2002PTC030907.
Friendly Logistics (India) has 3 current directors:
- Jyothsna Yashodhar Nayak - Director
- Yashodara Ganapa Nayak - Director
- Nayak Subha - Director
The latest financial statements of Friendly Logistics (India) on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
The GSTIN of Friendly Logistics (India) is 29AAACF7342K2ZC, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Friendly Logistics (India) is U63090KA2002PTC030907. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Friendly Logistics (India) has 42 court cases on record: 12 filed by the company and 30 filed against it. 7 are pending. Most are in the district courts.
Friendly Logistics (India) was incorporated on 20 August 2002, making it 24+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Friendly Logistics (India) by revenue are Inani Coal Services Pvt Ltd, Panna Sales Private Limited, Sar Parivahan Private Limited, all in the Transport and Logistics industry (Diversified Logistics, Packers and Movers), with the same principal business activity (land transport via road).
Raghuchaitanya Yashodhar Nayak ceased to be Managing Director on 24 Oct 2024. Jyothsna Yashodhar Nayak was appointed as Director on 20 Aug 2002. Nayak Subha was appointed as Director on 20 Aug 2002. Friendly Logistics (India) has 4 board changes on record in total.
Yes, Friendly Logistics (India) is registered as a small enterprise under Udyam registration (number: UDYAM-KR-22-0001340).
Friendly Logistics (India) can be reached through the website friendlymotors.in. Its registered office is in Mysore, Karnataka, India.