About Movar Logistics Private Limited
Data last updated:
Movar Logistics Private Limited is a private limited company based in Indore, Madhya Pradesh, India. It operates in the carrying and forwarding agents (cfa) segment of the transport and logistics sector. It was incorporated on 15 June 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U63090MP2006PTC018705. Its GSTIN is 23AAECM6988Q1ZK (Madhya Pradesh). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹9.1 Lakh. It is led by directors Vijaya Balan Pillai and Oonni Rajan Pillai.
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 208 – 209 Alankar Chamber Ratlam Kothi Geeta Bhawan Square, Indore, Madhya Pradesh, India – 452001.
As per the financials filed for FY 2024, the company reported a revenue of ₹12.22 Cr, a decline of 22% compared to the previous year. For the same year it recorded a net profit of ₹27.52 Lakh (net margin 2.3%) and EBITDA of ₹50.28 Lakh (EBITDA margin 4.1%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 12% over five years.
The company has about 17 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1.37 Cr and satisfied charges of ₹90 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website movarlogistics.com.
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- Registered Address208 – 209 Alankar Chamber Ratlam Kothi Geeta Bhawan Square, Indore, Madhya Pradesh, India – 452001
- IndustryTransport and Logistics, Carrying & Forwarding Agents (CFA)
- 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 Movar Logistics Private Limited
The main business activity of Movar Logistics 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 Movar Logistics Private Limited FY 2024 filings available
Movar Logistics Private Limited reported revenue of ₹12.22 Cr (down 22% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Movar Logistics Private Limited
Revenue fell 22% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 12%. EBITDA fell 25% 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 Movar Logistics Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹50.28 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹27.52 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 of Movar Logistics Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.3% | •••• | •••• | •••• | •••• |
| 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 Movar Logistics are in the company report.
Financial statements from 2015
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.
Auditor Details of Movar Logistics Private Limited
Movar Logistics Private Limited is audited by AYUSH J & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| AYUSH J & 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 Movar Logistics Private Limited
Movar Logistics has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vijaya Balan Pillai Also directs: Balaji Cargo Care Private Limited | Director | 15 Jun 2006 | 20 Years 3 Months | Current |
| Oonni Rajan Pillai Also directs: Balaji Cargo Care Private Limited | Director | 15 Jun 2006 | 20 Years 3 Months | Current |
Ownership and Shareholding of Movar Logistics 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 Movar Logistics Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Oct 2021 | Standard Chartered Bank | ₹52.2 Lakh | Open |
| 12 Oct 2021 | Others | ₹29.5 Lakh | Open |
| 08 Feb 2008 | Others | ₹55 Lakh | Open |
| 10 Jan 2018 | Others | ₹79.6 Lakh | Satisfied |
| 16 Jan 2014 | The Karur Vysya Bank Ltd | ₹10.4 Lakh | Satisfied |
Total charge records: 5 View all charges
Employees and EPFO Compliance at Movar Logistics Private Limited
Movar Logistics Private Limited has a workforce of 17 employees as of Apr 05, 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.
Recent Activity on Movar Logistics Private Limited
Movar Logistics Private Limited has 2 board changes on record since 2006: 2 appointments. The latest: Oonni Rajan Pillai was appointed as Director on 15 Jun 2006.
2 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Movar Logistics 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 Movar Logistics 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 Movar Logistics 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 Movar Logistics Private Limited
Movar Logistics has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AAECM6988Q1ZK | Madhya Pradesh | Active | 01 Jul 2017 |
| 27AAECM6988Q2ZB | Maharashtra | Active | 22 May 2018 |
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 Movar Logistics 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 Movar Logistics Private Limited
Movar Logistics is an active private limited company based in Indore, Madhya Pradesh, India. The company works in carrying and forwarding agents (cfa), within the transport and logistics industry. It was incorporated on 15 June 2006 (20+ years old) and is registered under CIN U63090MP2006PTC018705.
Movar Logistics reported revenue of ₹12.22 Cr for FY 2024 (down 22% YoY).
Movar Logistics has 2 current directors:
- Vijaya Balan Pillai - Director
- Oonni Rajan Pillai - Director
Movar Logistics reported a net profit of ₹27.52 Lakh (net margin 2.3%) and EBITDA of ₹50.28 Lakh (EBITDA margin 4.1%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Movar Logistics is 8% over three years and 12% over five years. In the latest year (FY 2024) revenue fell 22%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Movar Logistics is 23AAECM6988Q1ZK, registered in Madhya Pradesh. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 27AAECM6988Q2ZB (Maharashtra).
The CIN (Corporate Identification Number) of Movar Logistics is U63090MP2006PTC018705. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Movar Logistics was incorporated on 15 June 2006, making it 20+ years old. It is registered with the Registrar of Companies, Gwalior.
Oonni Rajan Pillai was appointed as Director on 15 Jun 2006. Vijaya Balan Pillai was appointed as Director on 15 Jun 2006.
Movar Logistics can be reached through the website movarlogistics.com. Its registered office is in Indore, Madhya Pradesh, India.