About Lark Logistics Private Limited
Data last updated:
Lark Logistics Private Limited is a private limited company based in New Delhi, Delhi, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the integrated logistics and supply chain solutions segment of the transport and logistics sector. It was incorporated on 31 August 2006.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U63090DL2006PTC152804. Its GSTIN is 07AABCL2204M1ZP (Delhi). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Sharad Chandra Goel (Whole-Time Director) and Gautam Singhal (Irp/Rp/Liquidator).
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at 519 5th Floor 12 Osian Building Nehru Place, New Delhi, Delhi, India – 110019.
As per the financials filed for FY 2019, the company reported a revenue of ₹13.25 Cr, a decline of 60% compared to the previous year. For the same year it recorded a net loss of ₹73.85 Lakh (net margin -5.6%) and EBITDA of ₹16.96 Lakh (EBITDA margin 1.3%). Revenue has declined at a compounded annual rate (CAGR) of 28% over three years.
The company has about 15 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Lark Logistic. As per MCA filings, the company has open charges of ₹4.85 Cr and satisfied charges of ₹1.36 Cr on record. Court records list 19 cases involving the company, including 2 filed by the company and 17 filed against it.
The last known website on record is larklogistic.com.
Company details
Contact details
Lark Logistics Private Limited's registered office is in New Delhi, Delhi. Its website is larklogistic.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address519 5th Floor 12 Osian Building Nehru Place, New Delhi, Delhi, India – 110019
- IndustryTransport and Logistics, Integrated & Diversified Logistics Services
To see the full contact details of Lark 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
Brands
Lark Logistics operates one associated brand: Lark Logistic. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides comprehensive multi-modal international freight forwarding services. | larklogistic.com |
Business activity
The main business activities of Lark Logistics are support service to organizations and transport and storage. In detail, this covers other support services to organizations and air transport. 2 activity segments are registered with the MCA.
| 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 | |
| H | Transport and storage | H4 | Air transport |
To see the full business activity and turnover split of Lark Logistics Private Limited, buy the company report.
Financials of Lark Logistics Private Limited
FY 2019 filings availableLark Logistics Private Limited reported revenue of ₹13.25 Cr (down 60% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 28% over three years, including a 60% fall in the latest year. EBITDA fell 84% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹13.25 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹16.96 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹73.85 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.3% | ||||
| Net Profit Margin | -5.6% | ||||
| 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 Lark Logistics Private Limited, buy the company report.
Board of directors of Lark Logistics Private Limited
Lark Logistics has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gautam Singhal Also directs: Asterisms Legal LLP | Irp/Rp/Liquidator | 31 Oct 2023 | 2 Years 11 Months | As last reported |
| Vikas Garg | Irp/Rp/Liquidator | 27 May 2024 | 2 Years 4 Months | As last reported |
| Sharad Chandra Goel | Whole-Time Director | 31 Aug 2006 | 20 Years 1 Months | As last reported |
| Vikram Goel Also directs: Lark Aviation Private Limited | Director | 01 Nov 2008 | 17 Years 11 Months | As last reported |
Auditor
Lark Logistics Private Limited is audited by NIKHIL KHURANA & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NIKHIL KHURANA & CO | FY 2019 | 008443N |
Shareholding
The shareholding of Lark Logistics Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Lark Logistics Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Aug 2020 | 100357951 | Others | ₹38.17 Lakh | Open | |
| 09 Jun 2018 | 100193633 | Others | ₹1.74 Cr | Open | |
| 30 Apr 2017 | 100103051 | Others | ₹2.23 Cr | Open | |
| 10 Jan 2014 | 10481614 | Deutsche Bank Ag | ₹50 Lakh | Open | |
| 20 Mar 2017 | 100110890 | Others | ₹1.36 Cr | Satisfied |
To see the full charge records of Lark Logistics Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Lark Logistics Private Limited has 19 court cases on record: 2 filed by Lark Logistics, 17 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 16 | 14 | 0 |
| NCLAT | 2 | 2 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 19)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Aditya Birla Finance Ltd | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Aditya Birla Finance Ltd | Disposed |
| District court, South East, Delhi | Execution petition | Filed against the company by Avanse Financial Services Ltd. | Disposed |
| District court, Jaipur Metro II, Rajasthan | Criminal case | Filed against the company by Tata Capital Financial Services Limited | Disposed |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Neogrowth Credit Pvt. Ltd. | Disposed |
To see the full case history of Lark 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 Lark Logistics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Lark Logistics Private Limited has a workforce of 15 employees on its EPFO records as of Mar 21, 2024, across 1 active EPFO establishment.
GST
Lark Logistics has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AABCL2204M1ZP | Delhi | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Lark Logistics Private Limited, buy the company report.
Recent activity
Lark Logistics Private Limited has 6 board changes on record since 2006: 4 appointments and 2 cessations. The latest: Vikas Garg was appointed as Irp/Rp/Liquidator on 27 May 2024.
3 earlier events are in the company report.
Frequently asked questions
Lark Logistics is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Lark Logistics is a company under insolvency, formerly operating as a private limited company based in New Delhi, Delhi, India. The company works in integrated and diversified logistics services, within the transport and logistics industry. It was incorporated on 31 August 2006 and is registered under CIN U63090DL2006PTC152804. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Lark Logistics has 4 current directors:
- Sharad Chandra Goel - Whole-Time Director
- Vikram Goel - Director
- Gautam Singhal - Irp/Rp/Liquidator
- Vikas Garg - Irp/Rp/Liquidator
The latest financial statements of Lark Logistics on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Lark Logistics is U63090DL2006PTC152804. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Lark Logistics has open charges of ₹4.85 Cr and satisfied charges of ₹1.36 Cr as per latest MCA filings.
Lark Logistics has 19 court cases on record: 2 filed by the company and 17 filed against it. Most are in the district courts.
Lark Logistics was incorporated on 31 August 2006. It is registered with the Registrar of Companies, Delhi.
Vikas Garg was appointed as Irp/Rp/Liquidator on 27 May 2024. Gautam Singhal was appointed as Irp/Rp/Liquidator on 31 Oct 2023. Sharad Chandra Goel ceased to be Director on 18 Jan 2017. Lark Logistics has 6 board changes on record in total.
Lark Logistics can be reached through the website larklogistic.com. Its registered office is in New Delhi, Delhi, India.