MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-OD-30-0001941
Modern Roadways Private Limited
Modern Roadways Private Limited - transport and logistics in Sundargarh, Odisha, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹3.96 Cr
▲ 25% YoY
Net profit · FY 2025
₹13.07 Lakh
Net margin 3.3%
EBITDA · FY 2025
₹53.73 Lakh
EBITDA margin 13.6%
Authorised capital
₹24 Lakh
Registered with MCA
Paid-up capital
₹13.75 Lakh
Issued & subscribed
Open charges
₹2.02 Cr
Secured borrowings
Company age
18 yrs
Est. 2008
Directors on board
2
As per MCA filings
About Modern Roadways Private Limited
Data last updated:
Modern Roadways Private Limited is a private limited company based in Sundargarh, Odisha, India. It operates in the carriers services segment of the transport and logistics sector. It was incorporated on 16 April 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U60200OR2008PTC009945. Its GSTIN is 21AAFCM6033P1ZD (Odisha).
The company has an authorised share capital of ₹24 Lakh and a paid-up capital of ₹13.75 Lakh. It is led by directors Ankit Aswin Shah and Roopa Aswin Shah.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Aa – 3 Civil Township P.O.Rourkela Raghunathpalli, Sundargarh, Odisha, India – 769004.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.96 Cr, a growth of 25% compared to the previous year. For the same year it recorded a net profit of ₹13.07 Lakh (net margin 3.3%) and EBITDA of ₹53.73 Lakh (EBITDA margin 13.6%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years and 12% over five years.
As per MCA filings, the company has open charges of ₹2.02 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company.
Modern Roadways Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-OD-30-0001941). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U60200OR2008PTC009945
Registration Number 009945
Incorporation Date 16 April 2008
ROC Cuttack
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-OD-30-0001941
Recognitions & Rankings of Modern Roadways
Contact details
Modern Roadways Private Limited's registered office is in Sundargarh, Odisha. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressAa – 3 Civil Township P.O.Rourkela Raghunathpalli, Sundargarh, Odisha, India – 769004
- IndustryTransport and Logistics, Carriers Services
To see the full contact details of Modern Roadways Private Limited, buy the company report.
Comprehensive company report
Modern Roadways 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Modern Roadways 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 Modern Roadways Private Limited, buy the company report.
Financials of Modern Roadways Private Limited
FY 2025 filings availableModern Roadways Private Limited reported revenue of ₹3.96 Cr (up 25% YoY) for FY 2025.
Revenue · FY 2025
₹3.96 Cr ▲ 25%
Net profit · FY 2025
₹13.07 Lakh margin 3.3%
EBITDA · FY 2025
₹53.73 Lakh margin 13.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 25%
3 years · compounded
▲ 19%
5 years · compounded
▲ 12%
EBITDA CAGR growth
1 year
▼ 5%
3 years · compounded
▲ 26%
5 years · compounded
▲ 7%
Revenue has grown at a compounded annual rate (CAGR) of 12% over five years, including 25% growth in the latest year. EBITDA fell 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
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| Total Expenses | |||||
| EBITDA | ₹53.73 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹13.07 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 13.6% | ||||
| Net Profit Margin | 3.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Modern Roadways Private Limited, buy the company report.
Board of directors of Modern Roadways Private Limited
Modern Roadways has 2 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 |
|---|---|---|---|---|
| Ankit Aswin Shah | Director | 04 Nov 2022 | 3 Years 11 Months | Current |
| Roopa Aswin Shah | Director | 16 Apr 2008 | 18 Years 6 Months | Current |
Peer comparison
Modern Roadways Private Limited is compared with the 6 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 |
|---|---|---|---|---|---|---|
| Sba Logistics Private Limited | ₹3.99 Cr (FY 2021) | -21.0% | Patna, Bihar, India | |||
| Grand Ark Logistics Private Limited | ₹3.99 Cr (FY 2024) | -22.0% | Chennai, Tamil Nadu, India | |||
| Ganesh Movers & Logistics Private Limited | ₹3.97 Cr (FY 2024) | -34.0% | Sambalpur, Odisha, India | |||
| Modern Roadways Private Limitedthis company | ₹3.96 Cr (FY 2025) | ₹13.07 Lakh | 3.3% | 25.0% | Sundargarh, Odisha, India | |
| Rajhans Roadlines Pvt Ltd | ₹3.93 Cr (FY 2024) | 23.0% | Mumbai, Maharashtra, India | |||
| Chandrawati Freight Carrier Private Limited | ₹3.92 Cr (FY 2022) | 163.0% | Thane, Maharashtra, India | |||
| Danphe Logistics Private Limited | ₹3.88 Cr (FY 2022) | -15.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Modern Roadways Private Limited, buy the company report.
Auditor
Modern Roadways Private Limited is audited by JAI PRAKASH & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JAI PRAKASH & CO | FY 2019 | 317218E |
Shareholding
The shareholding of Modern Roadways 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 Modern Roadways Private Limited, buy the company report.
Charges & borrowings
Open charges
₹2.02 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Sep 2025 | 101171009 | Others | ₹40 Lakh | Open | |
| 21 Mar 2024 | 100887588 | State Bank of India | ₹30 Lakh | Open | |
| 21 Nov 2023 | 100829161 | Others | ₹30 Lakh | Open | |
| 15 Oct 2022 | 100618004 | Others | ₹35 Lakh | Open | |
| 24 Mar 2022 | 100555368 | Others | ₹35 Lakh | Open |
Total charge records: 7 View all charges
Legal cases
Modern Roadways Private Limited has 2 court cases on record: 2 filed by Modern Roadways. All cases are disposed.
Total cases
2
Filed by the company
2
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
Cases on record (1 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Orissa | Writ petition | Filed by the company against State of Odisha | Disposed |
To see the full case history of Modern Roadways 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 Modern Roadways Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Modern Roadways has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AAFCM6033P1ZD | Odisha | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Modern Roadways Private Limited, buy the company report.
Recent activity
Modern Roadways Private Limited has 3 board changes on record since 2008: 2 appointments and 1 cessation. The latest: Aswin Kumar Shah ceased to be Director on 11 Nov 2022.
AGM
Modern Roadways Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 40.00 Lakh with Charge ID 101171009 was registered on 29 Sep 2025.
Filing
Modern Roadways Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Cuttack.
Charges
A charge with State Bank Of India amounted to Rs. 30.00 Lakh with Charge ID 100887588 was registered on 21 Mar 2024.
Charges
A charge with Others amounted to Rs. 30.00 Lakh with Charge ID 100829161 was registered on 21 Nov 2023.
Ceased
Aswin Kumar Shah ceased to be Director.
Appointed
Ankit Aswin Shah was appointed as Director.
Charges
A charge with Others amounted to Rs. 35.00 Lakh with Charge ID 100618004 was registered on 15 Oct 2022.
Charges
A charge with Others amounted to Rs. 35.00 Lakh with Charge ID 100555368 was registered on 24 Mar 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 17.50 Lakh with Charge ID 10318398 was registered on 28 Sep 2011.
Charges
A charge with Bank Of Baroda amounted to Rs. 14.24 Lakh with Charge ID 10145330 was registered on 28 Jan 2009.
Appointed
Roopa Aswin Shah was appointed as Director.
1 earlier event is in the company report.
Frequently asked questions
Modern Roadways is an active private limited company based in Sundargarh, Odisha, India. The company works in carriers services, within the transport and logistics industry. It was incorporated on 16 April 2008 (18+ years old) and is registered under CIN U60200OR2008PTC009945.
Modern Roadways has 2 current directors:
- Ankit Aswin Shah - Director
- Roopa Aswin Shah - Director
The latest financial statements of Modern Roadways on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Modern Roadways is 21AAFCM6033P1ZD, registered in Odisha.
The CIN (Corporate Identification Number) of Modern Roadways is U60200OR2008PTC009945. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Modern Roadways has 2 court cases on record: 2 filed by the company.
Modern Roadways was incorporated on 16 April 2008, making it 18+ years old. It is registered with the Registrar of Companies, Cuttack.
The peers of Modern Roadways by revenue are Sba Logistics Private Limited, Grand Ark Logistics Private Limited, Ganesh Movers & Logistics Private Limited, Rajhans Roadlines Pvt Ltd, Chandrawati Freight Carrier Private Limited and 1 more, all in the Transport and Logistics industry (Road Carriers and Trucking), with the same principal business activity (land transport via road).
Aswin Kumar Shah ceased to be Director on 11 Nov 2022. Ankit Aswin Shah was appointed as Director on 04 Nov 2022. Roopa Aswin Shah was appointed as Director on 16 Apr 2008.
Yes, Modern Roadways is registered as a micro enterprise under Udyam registration (number: UDYAM-OD-30-0001941).
The registered office of Modern Roadways is at Aa – 3 Civil Township P.O.Rourkela Raghunathpalli, Sundargarh, Odisha, India – 769004.