MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-11-0000681
Mangalore Logistics Private Limited
Mangalore Logistics Private Limited - transport and logistics in Mangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2021
₹1.13 Cr
▼ 52.92% YoY
Net profit · FY 2021
₹10.1 Lakh
Net margin 8.9%
EBITDA · FY 2021
₹77.52 Lakh
EBITDA margin 68.4%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹1.5 Lakh
Issued & subscribed
Open charges
₹9.26 Cr
Secured borrowings
Company age
24 yrs
Est. 2002
Directors on board
4
As per MCA filings
About Mangalore Logistics Private Limited
Data last updated:
Mangalore Logistics Private Limited is a private limited company based in Mangalore, Karnataka, India. It operates in the carriers services segment of the transport and logistics sector. It was incorporated on 06 September 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U45201KA2002PTC030974. Its GSTIN is 29AAECM1813C2ZU (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1.5 Lakh. It is led by directors including Bailmaginamane Nagaraj Shetty (Managing Director) and Palli Karthik Shetty.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Sairamkottarachowki, Mangalore, Karnataka, India – 575006.
As per the financials filed for FY 2021, the company reported a revenue of ₹1.13 Cr. For the same year it recorded a net profit of ₹10.1 Lakh (net margin 8.9%) and EBITDA of ₹77.52 Lakh (EBITDA margin 68.4%). Revenue has grown at a compounded annual rate (CAGR) of 45% over five years.
As per MCA filings, the company has open charges of ₹9.26 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
Mangalore Logistics Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-11-0000681). The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
CIN U45201KA2002PTC030974
Registration Number 030974
Incorporation Date 06 September 2002
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Non-Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-11-0000681
Key People
Bailmaginamane Nagaraj Shetty Managing Director Palli Karthik Shetty Director Sriganesh Shetty Director Recognitions & Rankings of Mangalore Logistics
Contact details
Mangalore Logistics Private Limited's registered office is in Mangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressSairamkottarachowki, Mangalore, Karnataka, India – 575006
- IndustryTransport and Logistics, Carriers Services
To see the full contact details of Mangalore Logistics Private Limited, buy the company report.
Comprehensive company report
Mangalore Logistics 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 Mangalore 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 Mangalore Logistics Private Limited, buy the company report.
Financials of Mangalore Logistics Private Limited
FY 2023 filings availableMangalore Logistics Private Limited reported revenue of ₹1.13 Cr for FY 2021.
Revenue · FY 2021
₹1.13 Cr
Net profit · FY 2021
₹10.1 Lakh margin 8.9%
EBITDA · FY 2021
₹77.52 Lakh margin 68.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
5 years · compounded
▲ 45%
EBITDA CAGR growth
3 years · compounded
▲ 250%
5 years · compounded
▲ 140%
Revenue has grown at a compounded annual rate (CAGR) of 45% over five years. 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 | |||||
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| Total Expenses | |||||
| EBITDA | ₹77.52 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹10.1 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Inventories | |||||
| Trade Receivables | |||||
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| Total Assets | |||||
Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 68.4% | ||||
| Net Profit Margin | 8.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Quick Ratio | |||||
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| 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 Mangalore Logistics Private Limited, buy the company report.
Board of directors of Mangalore Logistics Private Limited
Mangalore Logistics has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bailmaginamane Nagaraj Shetty | Managing Director | 06 Sep 2002 | 24 Years 1 Months | Current |
| Palli Karthik Shetty | Director | 13 Jul 2016 | 10 Years 3 Months | Current |
| Sriganesh Shetty | Director | 13 Jul 2016 | 10 Years 3 Months | Current |
| Nagaraj Shetty Nagaraj Sadhana | Director | 26 Jun 2006 | 20 Years 4 Months | Current |
Peer comparison
Mangalore Logistics Private Limited is compared with the 5 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 |
|---|---|---|---|---|---|---|
| Urrban Transportation and Management Private Limited | ₹1.15 Cr (FY 2024) | 3478.0% | Vadodara, Gujarat, India | |||
| Charlie Freight Systems Private Limited | ₹1.14 Cr (FY 2025) | -51.0% | New Delhi, Delhi, India | |||
| Shipsecure Transport Private Limited | ₹1.14 Cr (FY 2024) | Dadri, Uttar Pradesh, India | ||||
| Mangalore Logistics Private Limitedthis company | ₹1.13 Cr (FY 2021) | ₹10.1 Lakh | 8.9% | Mangalore, Karnataka, India | ||
| Tobor Private Limited | ₹1.13 Cr (FY 2025) | -13.0% | Chandigarh, India | |||
| Kerncargo Private Limited | ₹1.12 Cr (FY 2025) | -54.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Mangalore Logistics Private Limited, buy the company report.
Auditor
Mangalore Logistics Private Limited is audited by RAVINDRA DIVAKARA SHASTRY for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAVINDRA DIVAKARA SHASTRY | FY 2016 | 202871 |
Shareholding
The shareholding of Mangalore Logistics Private Limited is on record for 2 financial years, the latest being FY 2016, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2016 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Mangalore Logistics Private Limited, buy the company report.
Charges & borrowings
Open charges
₹9.26 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Sep 2022 | 100613939 | Others | ₹9.26 Cr | Open |
Total charge records: 1 View all charges
Legal cases
Mangalore Logistics Private Limited has 1 court case on record: 1 filed by Mangalore Logistics. All case is disposed.
Total cases
1
Filed by the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Bengaluru | Company petition | Filed by the company against Registrar of Companies | Disposed |
To see the full case history of Mangalore 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 Mangalore Logistics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Mangalore Logistics has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECM1813C2ZU | Karnataka | Active | 28 Sep 2020 |
To see the full GST registrations and return filing status of Mangalore Logistics Private Limited, buy the company report.
Recent activity
Mangalore Logistics Private Limited has 8 board changes on record since 2002: 6 appointments and 2 cessations. The latest: Palli Karthik Shetty was appointed as Director on 13 Jul 2016.
AGM
Mangalore Logistics Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Mangalore Logistics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.
Charges
A charge with Others amounted to Rs. 926.00 Lakh with Charge ID 100613939 was registered on 06 Sep 2022.
Appointed
Palli Karthik Shetty was appointed as Director.
Appointed
Sriganesh Shetty was appointed as Director.
Ceased
Nityananda Shetty Bailu Megina Manne ceased to be Whole-Time Director.
Ceased
Vanita Nityananda Shetty ceased to be Director.
Appointed
Nagaraj Shetty Nagaraj Sadhana was appointed as Director.
Appointed
Vanita Nityananda Shetty was appointed as Director.
Appointed
Nityananda Shetty Bailu Megina Manne was appointed as Whole-Time Director.
Appointed
Bailmaginamane Nagaraj Shetty was appointed as Managing Director.
Incorporation
06 Sep 2002
Mangalore Logistics Private Limited was registered on 06 Sep 2002 with Roc Bangalore & aged 24 years 1 month as per MCA records.
Frequently asked questions
Mangalore Logistics is an active private limited company based in Mangalore, Karnataka, India. The company works in carriers services, within the transport and logistics industry. It was incorporated on 06 September 2002 (24+ years old) and is registered under CIN U45201KA2002PTC030974.
Mangalore Logistics has 4 current directors:
- Bailmaginamane Nagaraj Shetty - Managing Director
- Palli Karthik Shetty - Director
- Sriganesh Shetty - Director
- Nagaraj Shetty Nagaraj Sadhana - Director
The latest financial statements of Mangalore Logistics on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Mangalore Logistics is 29AAECM1813C2ZU, 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 Mangalore Logistics is U45201KA2002PTC030974. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mangalore Logistics has 1 court case on record: 1 filed by the company.
Mangalore Logistics was incorporated on 06 September 2002, making it 24+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Mangalore Logistics by revenue are Urrban Transportation and Management Private Limited, Charlie Freight Systems Private Limited, Shipsecure Transport Private Limited, Tobor Private Limited, Kerncargo Private Limited, all in the Transport and Logistics industry (Road Carriers and Trucking), with the same principal business activity (land transport via road).
Palli Karthik Shetty was appointed as Director on 13 Jul 2016. Sriganesh Shetty was appointed as Director on 13 Jul 2016. Nityananda Shetty Bailu Megina Manne ceased to be Whole-Time Director on 22 Feb 2016. Mangalore Logistics has 8 board changes on record in total.
Yes, Mangalore Logistics is registered as a small enterprise under Udyam registration (number: UDYAM-KR-11-0000681).
The registered office of Mangalore Logistics is at Sairamkottarachowki, Mangalore, Karnataka, India – 575006.
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