About Karnataka Roadlines Private Limited
Data last updated:
Karnataka Roadlines Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the carriers services segment of the transport and logistics sector. It was incorporated on 23 October 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U60230KA2009PTC051288. Its GSTIN is 29AADCK7760M1ZV (Karnataka).
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹9.17 Cr. It is led by directors including Shivaputra Sharanappa Warad (Managing Director) and Manjula Shivputra Warad (Whole-Time Director).
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 13/1 Rangappa Reddy Complex R V Road Near Minerva Circle, Bangalore, Karnataka, India – 560004.
As per the financials filed for FY 2024, the company reported a revenue of ₹447.25 Cr, a decline of 5% compared to the previous year. For the same year it recorded a net profit of ₹11.44 Cr (net margin 2.6%) and EBITDA of ₹35.84 Cr (EBITDA margin 8%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 6% over five years.
The company has about 203 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹148.74 Cr and satisfied charges of ₹56.94 Cr on record. Court records list 81 cases involving the company, including 7 filed by the company and 74 filed against it; 30 cases are pending. The company has 3 deals on record (1 funding round, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹7.38 Cr; the latest was in June 2015. Its 7 peer companies in the Transport and Logistics industry (Road Carriers and Trucking), with the same principal business activity (land transport via road) are compared by revenue, 2 larger and 5 smaller; the largest is Sri Ramadas Motor Transport Ltd. with revenue of ₹552.86 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 karnatakaroadlines.com.
Company details
Contact details
Karnataka Roadlines Private Limited's registered office is in Bangalore, Karnataka. Its website is karnatakaroadlines.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address13/1 Rangappa Reddy Complex R V Road Near Minerva Circle, Bangalore, Karnataka, India – 560004
- IndustryTransport and Logistics, Carriers Services
To see the full contact details of Karnataka Roadlines 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 Karnataka Roadlines 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 Karnataka Roadlines Private Limited, buy the company report.
Financials of Karnataka Roadlines Private Limited
FY 2024 filings availableKarnataka Roadlines Private Limited reported revenue of ₹447.25 Cr (down 5% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 5% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 6%. EBITDA rose 5% 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 |
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| EBITDA | ₹35.84 Cr | ||||
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| Net Profit (PAT) | ₹11.44 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 8% | ||||
| Net Profit Margin | 2.6% | ||||
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To see the full financial statements and ratios of Karnataka Roadlines Private Limited, buy the company report.
Board of directors of Karnataka Roadlines Private Limited
Karnataka Roadlines has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manjula Shivputra Warad Also directs: Mahendra Roadlines Private Limited | Whole-Time Director | 01 Nov 2016 | 9 Years 11 Months | Current |
| Vimala Shivputra Warad Also directs: Mahendra Roadlines Private Limited | Director | 23 Oct 2009 | 17 Years 0 Months | Current |
| Shivputra Mahendra Warad Also directs: Mahendra Roadlines Private Limited | Director | 23 Oct 2009 | 17 Years 0 Months | Current |
| Shivaputra Sharanappa Warad Also directs: Mahendra Roadlines Private Limited | Managing Director | 23 Oct 2009 | 17 Years 0 Months | Current |
Peer comparison
Karnataka Roadlines Private Limited is compared with the 7 companies closest to it by revenue in the Transport and Logistics industry (Road Carriers and Trucking), 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 |
|---|---|---|---|---|---|---|
| Sri Ramadas Motor Transport Ltd. | ₹552.86 Cr (FY 2023) | 35.0% | Kakinada, Andhra Pradesh, India | |||
| Crackers India Mining Private Limited | ₹461.01 Cr (FY 2025) | 30.0% | Bhubaneswar, Odisha, India | |||
| Karnataka Roadlines Private Limitedthis company | ₹447.25 Cr (FY 2024) | ₹11.44 Cr | 2.6% | -5.0% | 203 | Bangalore, Karnataka, India |
| Ganesh Roadlines Private Limited | ₹431.25 Cr (FY 2024) | 26.0% | Hisar, Haryana, India | |||
| Super Sonic Logistics Private Limited | ₹411.81 Cr (FY 2025) | 17.0% | Kolkata, West Bengal, India | |||
| Parthasarathy Transports Private Limited | ₹411.01 Cr (FY 2025) | 17.0% | Hyderabad, Telangana, India | |||
| Ahmedabad Roadlines Private Limited | ₹395.73 Cr (FY 2025) | 10.0% | Faridabad, Haryana, India | |||
| SVT Logistics Private Limited | ₹386.35 Cr (FY 2025) | -5.0% | Bhubaneswar, Odisha, India |
To see the full peer comparison of Karnataka Roadlines Private Limited, buy the company report.
Auditor
Karnataka Roadlines Private Limited is audited by H R Yathiraj & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| H R Yathiraj & Co | FY 2023 |
Shareholding
The shareholding of Karnataka Roadlines Private Limited is on record for 5 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 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
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| Others |
To see the full shareholding pattern of Karnataka Roadlines Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Sep 2025 | 101163078 | Hdfc Bank Limited | ₹15.5 Cr | Open | |
| 16 Jan 2025 | 101041999 | Hdfc Bank Limited | ₹14.93 Cr | Open | |
| 12 Jul 2024 | 100962575 | Hdfc Bank Limited | ₹88.5 Lakh | Open | |
| 11 Jul 2024 | 100962301 | Hdfc Bank Limited | ₹7.97 Cr | Open | |
| 04 Jan 2024 | 100852735 | Hdfc Bank Limited | ₹10.25 Cr | Open |
To see the full charge records of Karnataka Roadlines Private Limited, buy the company report.
Total charge records: 13 View all charges
Deals & funding
Karnataka Roadlines Private Limited has 3 deals on record (1 funding round, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹7.38 Cr; the latest was in June 2015.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2015 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2015 | Rights issue | ₹1.76 Cr | Investors: 2 individuals |
| Mar 2010 | Funding round | ₹7.38 Cr | Investors: 3 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Karnataka Roadlines Private Limited has 81 court cases on record: 7 filed by Karnataka Roadlines, 74 filed against it. 30 cases are pending and 51 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 72 | 69 | 26 |
| High courts | 9 | 5 | 4 |
Cases on record (5 of 81)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Appeal | Filed by the company against The New India Assurance Co. Ltd., and 1 other | Pending |
| District court, KOLAR, Karnataka | Criminal complaint | Filed by the company against M/S Exide Industries Limited | Disposed |
| District court, BENGALURU, Karnataka | Motor accident claim | Filed against the company by an individual | Pending |
| District court, TUMAKURU, Karnataka | Motor accident claim | Filed against the company | Pending |
| District court, Cuttack, Odisha | Court case (C.M.A) | Filed against the company by Future Generali India Insurance Co Ltd | Pending |
To see the full case history of Karnataka Roadlines 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.
Credit ratings & regulatory alerts
Karnataka Roadlines Private Limited was last rated by Crisil on 31 Aug 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 31 Aug 2020 |
To see the full credit ratings and regulatory alerts of Karnataka Roadlines Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Karnataka Roadlines Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Karnataka Roadlines Private Limited has a workforce of 203 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Karnataka Roadlines has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCK7760M1ZV | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Karnataka Roadlines Private Limited, buy the company report.
Recent activity
Karnataka Roadlines Private Limited has 6 board changes on record since 2009: 5 appointments and 1 cessation. The latest: Manjula Shivputra Warad was appointed as Whole-Time Director on 01 Nov 2016.
16 earlier events are in the company report.
Frequently asked questions
Karnataka Roadlines is an active private limited company based in Bangalore, Karnataka, India. The company works in carriers services, within the transport and logistics industry. It was incorporated on 23 October 2009 (17+ years old) and is registered under CIN U60230KA2009PTC051288.
Karnataka Roadlines has 4 current directors:
- Shivaputra Sharanappa Warad - Managing Director
- Manjula Shivputra Warad - Whole-Time Director
- Vimala Shivputra Warad - Director
- Shivputra Mahendra Warad - Director
The latest financial statements of Karnataka Roadlines 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 2015 are in the company report.
The GSTIN of Karnataka Roadlines is 29AADCK7760M1ZV, registered in Karnataka.
The CIN (Corporate Identification Number) of Karnataka Roadlines is U60230KA2009PTC051288. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Karnataka Roadlines has 81 court cases on record: 7 filed by the company and 74 filed against it. 30 are pending. Most are in the district courts.
Karnataka Roadlines was incorporated on 23 October 2009, making it 17+ years old. It is registered with the Registrar of Companies, Bangalore.
Karnataka Roadlines has 3 deals on record (1 funding round, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹7.38 Cr; the latest was in June 2015.
The peers of Karnataka Roadlines by revenue are Sri Ramadas Motor Transport Ltd, Crackers India Mining Private Limited, Ganesh Roadlines Private Limited, Super Sonic Logistics Private Limited, Parthasarathy Transports Private Limited and 2 more, all in the Transport and Logistics industry (Road Carriers and Trucking), with the same principal business activity (land transport via road).
Manjula Shivputra Warad was appointed as Whole-Time Director on 01 Nov 2016. Deepa Choudhary ceased to be Company Secretary on 01 Mar 2016. Deepa Choudhary was appointed as Company Secretary on 17 Aug 2011. Karnataka Roadlines has 6 board changes on record in total.
Karnataka Roadlines can be reached through the website karnatakaroadlines.com. Its registered office is in Bangalore, Karnataka, India.