About Frotamiles Private Limited
Data last updated:
Frotamiles Private Limited is a private limited company based in Panaji, Goa, India, a subsidiary of Pitasys Softwares Private Limited. It operates in the ride-hailing services segment of the transport and logistics sector. It was incorporated on 10 July 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Goa, under CIN U63090GA2018PTC013633. Its GSTIN is 30AADCF4455G1Z0 (Goa). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹12 Lakh and a paid-up capital of ₹10.36 Lakh. It is led by directors including Utkarsh Sudhir Dabhade (Managing Director) and Santosh Bapu Patil.
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 House No Unit No – 704 705 & 706 Geras Imperium Patto Plaza Panaji Panjim, Goa, India – 403001.
As per the financials filed for FY 2025, the company reported a revenue of ₹75.4 Cr, a growth of 36% compared to the previous year. For the same year it recorded a net profit of ₹1.26 Cr (net margin 1.7%) and EBITDA of ₹2.79 Cr (EBITDA margin 3.7%). Revenue has grown at a compounded annual rate (CAGR) of 81% over three years and 20% over five years.
The company has about 58 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Goamiles. Court records list 2 cases involving the company, including 1 filed by the company; 1 case is pending. The company has 7 deals on record (4 secondary share transfers, 2 funding rounds, 1 rights issue), with disclosed funding of ₹4.25 Cr; the latest was in March 2024. Its 10 peer companies in the Transport and Logistics industry (Call Taxi and Radio Cab Services) are compared by revenue, 5 larger and 5 smaller; the largest is Magenta EV Solutions Private Limited with revenue of ₹83.07 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website goamiles.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
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- Registered AddressHouse No Unit No – 704 705 & 706 Geras Imperium Patto Plaza Panaji Panjim, Goa, India – 403001
- IndustryTransport and Logistics, Ride-Hailing Services
- 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
- One PDF report, delivered after checkout
Business Activity of Frotamiles Private Limited
The main business activity of Frotamiles is transport and storage. In detail, this covers land transport via road.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| H | Transport and storage | H1 | Land Transport via Road | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Frotamiles Private Limited FY 2024 filings available
Frotamiles Private Limited reported revenue of ₹75.4 Cr (up 36% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Frotamiles Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 20% over five years, including 36% growth in the latest year. EBITDA rose 120% 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 of Frotamiles Private Limited
| 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 | ₹2.79 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.26 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 of Frotamiles Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.7% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Frotamiles are in the company report.
Financial statements from FY 2019
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Frotamiles Private Limited
Frotamiles Private Limited is compared with the companies closest to it by revenue in the Transport and Logistics industry (Call Taxi and Radio Cab Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Magenta EV Solutions Private Limited | ₹83.07 Cr (FY 2025) | •••• | •••• | 89.0% | •••• | Navi Mumbai, Maharashtra, India |
| Amaze Travels Private Limited | ₹80.19 Cr (FY 2024) | •••• | •••• | 21.0% | •••• | Poonamallee, Chennai - 600 056, Tamil Nadu, India |
| Baijnath Nirman India Private Limited | ₹77.51 Cr (FY 2024) | •••• | •••• | -15.0% | •••• | Jahanabad, Bihar, India |
| Shree Translink (India) Private Limited | ₹76.41 Cr (FY 2024) | •••• | •••• | 25.0% | •••• | Pune, Maharashtra, India |
| Zenplus Fleet Management Private Limited | ₹75.54 Cr (FY 2025) | •••• | •••• | 1011.0% | •••• | Mumbai, Maharashtra, India |
| Frotamiles Private Limited this company | ₹75.4 Cr (FY 2025) | •••• | •••• | 36.0% | •••• | Panaji, Goa, India |
| Eagle Fleet Services Private Limited | ₹74.32 Cr (FY 2025) | •••• | •••• | 49.0% | •••• | Coimbatore, Tamil Nadu, India |
| Poona Rent A Cab India Private Limited | ₹73.87 Cr (FY 2024) | •••• | •••• | 39.0% | •••• | Pune, Maharashtra, India |
| Aashna Marketing Private Limited | ₹73.79 Cr (FY 2025) | •••• | •••• | -48.0% | •••• | Howrah, West Bengal, India |
| Sakshi Cabs India Private Limited | ₹72.28 Cr (FY 2025) | •••• | •••• | 18.0% | •••• | New Delhi, Delhi, India |
| Fab Cars Private Limited | ₹71.82 Cr (FY 2025) | •••• | •••• | -7.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Frotamiles by revenue in the Transport and Logistics industry (Call Taxi and Radio Cab Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Frotamiles Private Limited
Frotamiles Private Limited is audited by VENUS SHAH & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| VENUS SHAH & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Frotamiles Private Limited
Frotamiles has 5 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Santosh Bapu Patil Also directs: Sansi Foods Private Limited, Yumfuel Foods Private Limited, Atharva Hospitality Services Private Limited and 1 more | Director | 10 Jul 2018 | 8 Years 3 Months | Current |
| Manoj Dattatraya Tambat | Director | 05 Sep 2023 | 3 Years 1 Months | Current |
| Utkarsh Sudhir Dabhade Also directs: Pitasys Softwares Private Limited, Mediamiles Private Limited | Managing Director | 10 Jul 2018 | 8 Years 3 Months | Current |
| Sachin Ramanlal Bhavsar Also directs: Pitasys Softwares Private Limited, Mediamiles Private Limited | Director | 10 Jul 2018 | 8 Years 3 Months | Current |
| Dipak Kumar Giri Also directs: Pitasys Softwares Private Limited | Director | 10 Jul 2018 | 8 Years 3 Months | Current |
Ownership and Shareholding of Frotamiles Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Frotamiles Private Limited
Frotamiles Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Frotamiles Private Limited
Frotamiles Private Limited has 7 deals on record (4 secondary share transfers, 2 funding rounds, 1 rights issue), with disclosed funding of ₹4.25 Cr; the latest was in March 2024.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2024 | Rights issue | ₹25 Lakh | Investors: an individual |
| Feb 2024 | Secondary share transfer | Undisclosed | Buyer: Pitasys Software Private Limited Seller: an individual |
| Feb 2024 | Secondary share transfer | Undisclosed | Buyer: Pitasys Software Private Limited Seller: an individual |
| Mar 2023 | Funding round | ₹3.25 Cr | Investors: Sagar Bharat Kelkar Huf, an individual |
| Mar 2023 | Secondary share transfer | Undisclosed | Buyer: Pitasys Software Private Limited, 2 individuals Seller: 2 individuals |
Full deal history
All 7 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Frotamiles Private Limited
Frotamiles Private Limited has 2 court cases on record: 1 filed by Frotamiles, 1 where it is another party. 1 case is pending and 1 is disposed. Status as checked between 02 Oct 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 1 |
| District courts | 1 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, North Goa, Goa | Court case (ARA) | Filed by the company against Goa Tourism Development Corporation Limited | Disposed |
| Bombay High Court | Writ petition | Company is another party | Pending |
Full case history
All 2 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Associated Brands with Frotamiles Private Limited
Frotamiles operates one associated brand: GOAMILES. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Ride-hailing services are facilitated via a mobile application platform. | goamiles.com |
Employees and EPFO Compliance at Frotamiles Private Limited
Frotamiles Private Limited has a workforce of 58 employees as of Apr 03, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
News related to Frotamiles Private Limited
Recent Activity on Frotamiles Private Limited
Frotamiles Private Limited has 8 board changes on record since 2018: 5 appointments and 3 cessations. The latest: Manoj Dattatraya Tambat ceased to be Additional Director on 29 Sep 2023.
Credit Ratings, Litigation & Regulatory Alerts for Frotamiles Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Frotamiles Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Frotamiles Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Frotamiles Private Limited
Frotamiles has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 30AADCF4455G1Z0 | Goa | Active | 30 Jul 2018 |
| 30AADCF4455G2ZZ | Goa | Active | 22 Dec 2022 |
| 27AADCF4455G1ZN | Maharashtra | Active | 06 Dec 2022 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Frotamiles Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Frotamiles Private Limited
Frotamiles is an active private limited company based in Panaji, Goa, India. The company works in ride-hailing services, within the transport and logistics industry. It was incorporated on 10 July 2018 (8+ years old) and is registered under CIN U63090GA2018PTC013633.
Frotamiles reported revenue of ₹75.4 Cr for FY 2025 (up 36% YoY).
Frotamiles has 5 current directors:
- Utkarsh Sudhir Dabhade - Managing Director
- Santosh Bapu Patil - Director
- Manoj Dattatraya Tambat - Director
- Sachin Ramanlal Bhavsar - Director
- Dipak Kumar Giri - Director
Frotamiles reported a net profit of ₹1.26 Cr (net margin 1.7%) and EBITDA of ₹2.79 Cr (EBITDA margin 3.7%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Frotamiles is 81% over three years and 20% over five years. In the latest year (FY 2025) revenue rose 36%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Frotamiles is 30AADCF4455G1Z0, registered in Goa. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 30AADCF4455G2ZZ (Goa), 27AADCF4455G1ZN (Maharashtra).
The CIN (Corporate Identification Number) of Frotamiles is U63090GA2018PTC013633. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Frotamiles has 2 court cases on record: 1 filed by the company. 1 is pending. Most are in the high courts.
Frotamiles was incorporated on 10 July 2018, making it 8+ years old. It is registered with the Registrar of Companies, Goa.
Frotamiles has 7 deals on record (4 secondary share transfers, 2 funding rounds, 1 rights issue), with disclosed funding of ₹4.25 Cr; the latest was in March 2024.
The peers of Frotamiles by revenue are Magenta EV Solutions Private Limited, Amaze Travels Private Limited, Baijnath Nirman India Private Limited, Shree Translink (India) Private Limited, Zenplus Fleet Management Private Limited and 5 more, all in the Transport and Logistics industry (Call Taxi and Radio Cab Services).