About Logic Continental Services Private Limited
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Logic Continental Services Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the travel and tour services segment of the transport and logistics sector. It was incorporated on 27 July 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U63040TG2016PTC111149. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹9.5 Lakh and a paid-up capital of ₹9.5 Lakh. It is led by directors including Suman Pushpalatha and Srikanth Chowdhary Uuranki.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at Sy No.201 7 – Lh Flat No.1102 Lanco Hills Manikonda Gachibowli, Hyderabad, Telangana, India – 500089.
As per the financials filed for FY 2020, the company reported a revenue of ₹35.13 Lakh, a decline of 28% compared to the previous year. For the same year it recorded a net loss of ₹16.06 Lakh (net margin -45.7%) and EBITDA of ₹4.57 Lakh (EBITDA margin 13%). Revenue has declined at a compounded annual rate (CAGR) of 59% over three years.
Court records list 6 cases involving the company, including 6 filed against it; 2 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website logicoverseas.com.
Company details
Contact details
Logic Continental Services Private Limited's registered office is in Hyderabad, Telangana. Its website is logicoverseas.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressSy No.201 7 – Lh Flat No.1102 Lanco Hills Manikonda Gachibowli, Hyderabad, Telangana, India – 500089
- IndustryTransport and Logistics, Travel & Tour Services
To see the full contact details of Logic Continental Services 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 Logic Continental Services is support service to organizations. In detail, this covers travel agency and tour operators.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N3 | Travel agency and tour operators |
To see the full business activity and turnover split of Logic Continental Services Private Limited, buy the company report.
Financials of Logic Continental Services Private Limited
FY 2020 filings availableLogic Continental Services Private Limited reported revenue of ₹35.13 Lakh (down 28% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 59% over three years, including a 28% fall in the latest year. EBITDA rose 34% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ₹35.13 Lakh | |||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹4.57 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹16.06 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 | ||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 13% | |||
| Net Profit Margin | -45.7% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
| Quick Ratio | ||||
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| 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 Logic Continental Services Private Limited, buy the company report.
Board of directors of Logic Continental Services Private Limited
Logic Continental Services has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Suman Pushpalatha Also directs: Novascape Properties LLP, Elerency International Private Limited, Swift Forex Services Private Limited and 4 more | Director | 17 Mar 2021 | 5 Years 7 Months | Current |
| Srikanth Chowdhary Uuranki Also directs: MPR Movies Limited Liability Partnership, Mokks Studios Limited Liability Partnership, Novascape Properties LLP and 5 more | Director | 27 Jul 2016 | 10 Years 2 Months | Current |
| Meher Babu Pureti Also directs: Sriramkar Impex Private Limited | Director | 31 May 2018 | 8 Years 4 Months | Current |
Peer comparison
Logic Continental Services Private Limited is compared with the 3 companies closest to it by revenue in the Transport and Logistics industry (Tour and Travel Operators), with the same principal business activity (travel agency and tour operators), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Trail and Tides Tourism Services Private Limited | ₹35.21 Lakh (FY 2023) | 12742.0% | Guwahati, Assam, India | |||
| Logic Continental Services Private Limitedthis company | ₹35.13 Lakh (FY 2020) | -₹16.06 Lakh | -45.7% | -28.0% | Hyderabad, Telangana, India | |
| Shree Shakti Tours Private Limited | ₹35.04 Lakh (FY 2024) | -5.0% | Gandhinagar, Gujarat, India | |||
| Travelife Holidays Private Limited | ₹34.96 Lakh (FY 2020) | -7.0% | New Delhi, Delhi, India |
To see the full peer comparison of Logic Continental Services Private Limited, buy the company report.
Auditor
Logic Continental Services Private Limited is audited by PAVAN MARELLA AND ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PAVAN MARELLA AND ASSOCIATES | FY 2020 | 013489S |
Shareholding
The shareholding of Logic Continental Services Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Logic Continental Services Private Limited, buy the company report.
Legal cases
Logic Continental Services Private Limited has 6 court cases on record: 6 filed against it. 2 cases are pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 6 | 2 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Hyderabad Central, Telangana | Court case (CC - NI) | Filed against the company by Sujana Trade India Pvt. Ltd Rep by K. Gangadhar | Pending |
| District court, Shahdara, Delhi | Criminal case | Filed against the company by M/S Easy Trip Planners Pvt. Ltd. | Pending |
| District court, East, Delhi | Court case (OMP (I)(COMM.)) | Filed against the company by BMW India Financial Services Private Ltd. | Disposed |
| District court, New Delhi, Delhi | Criminal case | Filed against the company by M/S BMW India Financial Services Pvt. Ltd. | Disposed |
| District court, Hyderabad CCC, Telangana | Criminal complaint | Filed against the company by Sujana Trade India Pvt. Ltd Rep by K. Gangadhar | Disposed |
To see the full case history of Logic Continental Services 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 Logic Continental Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Logic Continental Services has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Logic Continental Services Private Limited, buy the company report.
Recent activity
Logic Continental Services Private Limited has 7 board changes on record since 2016: 3 appointments and 4 cessations. The latest: Rohit Ramineni ceased to be Director on 17 Mar 2021.
Frequently asked questions
Logic Continental Services is an active private limited company based in Hyderabad, Telangana, India. The company works in travel and tour services, within the transport and logistics industry. It was incorporated on 27 July 2016 (10+ years old) and is registered under CIN U63040TG2016PTC111149.
Logic Continental Services has 3 current directors:
- Suman Pushpalatha - Director
- Srikanth Chowdhary Uuranki - Director
- Meher Babu Pureti - Director
The latest financial statements of Logic Continental Services on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from FY 2017 are in the company report.
No. Logic Continental Services has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Logic Continental Services is U63040TG2016PTC111149. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Logic Continental Services has 6 court cases on record: 6 filed against it. 2 are pending.
Logic Continental Services was incorporated on 27 July 2016, making it 10+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Logic Continental Services by revenue are Trail and Tides Tourism Services Private Limited, Shree Shakti Tours Private Limited, Travelife Holidays Private Limited, all in the Transport and Logistics industry (Tour and Travel Operators), with the same principal business activity (travel agency and tour operators).
Rohit Ramineni ceased to be Director on 17 Mar 2021. Suman Pushpalatha was appointed as Director on 17 Mar 2021. Karthik Yadla ceased to be Director on 23 Feb 2019. Logic Continental Services has 7 board changes on record in total.
Logic Continental Services can be reached through the website logicoverseas.com. Its registered office is in Hyderabad, Telangana, India.
The registered office of Logic Continental Services is at Sy No.201 7 – Lh Flat No.1102 Lanco Hills Manikonda Gachibowli, Hyderabad, Telangana, India – 500089.