MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-OD-19-0017867
Narbada Travels Private Limited
Narbada Travels Private Limited - transport and logistics in Bhubaneswar, Odisha, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹205.02 Cr
▲ 221% YoY
Net profit · FY 2025
₹9.12 Cr
Net margin 4.4%
EBITDA · FY 2025
₹38.16 Cr
EBITDA margin 18.6%
Authorised capital
₹12 Cr
Registered with MCA
Paid-up capital
₹12 Cr
Issued & subscribed
Open charges
₹148.01 Cr
Satisfied ₹23.26 Cr
Company age
8 yrs
Est. 2018
Employees · EPFO
279
Provident fund records
About Narbada Travels Private Limited
Data last updated:
Narbada Travels Private Limited is a private limited company based in Bhubaneswar, Odisha, India. It operates in the passenger transport segment of the transport and logistics sector. It was incorporated on 05 June 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U60300OR2018PTC032153. Its GSTIN is 21AAGCN0941E1Z1 (Odisha).
The company has an authorised share capital of ₹12 Cr and a paid-up capital of ₹12 Cr. It is led by directors including Virender Kumar Saroha and Vijender Singh Dalal.
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 Lane No – 3 Plot No – 1703/4157/4348/I Rajiv Nagar Kalarahanga, Bhubaneswar, Odisha, India – 752055.
As per the financials filed for FY 2025, the company reported a revenue of ₹205.02 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹9.12 Cr (net margin 4.4%) and EBITDA of ₹38.16 Cr (EBITDA margin 18.6%). Revenue has grown at a compounded annual rate (CAGR) of 76% over three years and 33% over five years.
The company has about 279 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹148.01 Cr and satisfied charges of ₹23.26 Cr on record. Court records list 13 cases involving the company, including 13 filed against it; 9 cases are pending. The company has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹11.99 Cr; the latest was in April 2022. Its 4 peer companies in the Transport and Logistics industry (Passenger Transport Services, Travels), with the same principal business activity (land transport via road) are compared by revenue, 2 larger and 2 smaller; the largest is Hansa City Bus Services Private Limited with revenue of ₹216.37 Cr.
Narbada Travels Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-OD-19-0017867).
Company details
CIN U60300OR2018PTC032153
Registration Number 032153
Incorporation Date 05 June 2018
ROC Cuttack
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
MSME Classification Medium
Udyam Registration UDYAM-OD-19-0017867
CIN history
Narbada Travels has one previous CIN (Corporate Identification Number): U60300DL2018PTC334888. The current CIN is U60300OR2018PTC032153, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U60300OR2018PTC032153 | Current |
| U60300DL2018PTC334888 | Previous |
Recognitions & Rankings of Narbada Travels
Contact details
Narbada Travels Private Limited's registered office is in Bhubaneswar, Odisha. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressLane No – 3 Plot No – 1703/4157/4348/I Rajiv Nagar Kalarahanga, Bhubaneswar, Odisha, India – 752055
- IndustryTransport and Logistics, Passenger Transport
To see the full contact details of Narbada Travels Private Limited, buy the company report.
Comprehensive company report
Narbada Travels 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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Financials of Narbada Travels Private Limited
FY 2025 filings availableNarbada Travels Private Limited reported revenue of ₹205.02 Cr (up 221% YoY) for FY 2025.
Revenue · FY 2025
₹205.02 Cr ▲ 221%
Net profit · FY 2025
₹9.12 Cr margin 4.4%
EBITDA · FY 2025
₹38.16 Cr margin 18.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 221%
3 years · compounded
▲ 76%
5 years · compounded
▲ 33%
EBITDA CAGR growth
1 year
▲ 366%
3 years · compounded
▲ 62%
5 years · compounded
▲ 23%
Revenue has grown at a compounded annual rate (CAGR) of 33% over five years, including 221% growth in the latest year. EBITDA rose 366% 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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| Revenue from Operations | |||||
| Other Income | |||||
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| Total Expenses | |||||
| EBITDA | ₹38.16 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹9.12 Cr | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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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 | 18.6% | ||||
| Net Profit Margin | 4.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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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 Narbada Travels Private Limited, buy the company report.
Board of directors of Narbada Travels Private Limited
Narbada Travels has 4 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Virender Kumar Saroha | Director | 07 Jun 2018 | 8 Years 4 Months | Current |
| Vijender Singh Dalal | Director | 05 Jun 2018 | 8 Years 4 Months | Current |
| Khajan Singh | Director | 05 Jun 2018 | 8 Years 4 Months | Current |
| Gajinder Yadav | Director | 03 Oct 2023 | 3 Years 0 Months | Current |
Peer comparison
Narbada Travels Private Limited is compared with the 4 companies closest to it by revenue in the Transport and Logistics industry (Passenger Transport Services, Travels), 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 |
|---|---|---|---|---|---|---|
| Hansa City Bus Services Private Limited | ₹216.37 Cr (FY 2025) | -35.0% | Nagpur, Maharashtra, India | |||
| Hansa Vahan India Private Limited | ₹215.94 Cr (FY 2024) | 13.0% | Nagpur, Maharashtra, India | |||
| Narbada Travels Private Limitedthis company | ₹205.02 Cr (FY 2025) | ₹9.12 Cr | 4.4% | 221.0% | 279 | Bhubaneswar, Odisha, India |
| Reliance Transport and Travels Pvt Ltd | ₹189.49 Cr (FY 2025) | -5.0% | Mumbai, Maharashtra, India | |||
| Sun Transmovers India Private Limited | ₹181.6 Cr (FY 2025) | 40.0% | New Delhi, Delhi, India |
To see the full peer comparison of Narbada Travels Private Limited, buy the company report.
Auditor
Narbada Travels Private Limited is audited by AYAM & CO for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AYAM & CO | FY 2024 | 017433N |
Shareholding
The shareholding of Narbada Travels Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Narbada Travels Private Limited, buy the company report.
Charges & borrowings
Open charges
₹148.01 Cr
Satisfied charges
₹23.26 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Mar 2025 | 101067755 | Others | ₹27 Cr | Open | |
| 06 Jan 2024 | 100865464 | State Bank of India | ₹49.73 Cr | Open | |
| 28 Dec 2023 | 100850215 | Others | ₹36.96 Cr | Open | |
| 31 Oct 2018 | 100273539 | Others | ₹34.32 Cr | Open | |
| 26 Jun 2024 | 100959971 | State Bank of India | ₹18.27 Cr | Satisfied |
To see the full charge records of Narbada Travels Private Limited, buy the company report.
Total charge records: 8 View all charges
Deals & funding
Narbada Travels Private Limited has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹11.99 Cr; the latest was in April 2022.
Total deals
3
Secondary share transfers
2
Funding round
1
Disclosed funding
₹11.99 Cr
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2022 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Sep 2019 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Nov 2018 | Funding round | ₹11.99 Cr | Investors: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Narbada Travels Private Limited has 13 court cases on record: 13 filed against it. 9 cases are pending and 4 are disposed.
Total cases
13
Filed against the company
13
Pending
9
Disposed
4
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 13 | 13 | 9 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Cuttack, Odisha | Court case (M.a.c. Case) | Filed against the company by an individual | Pending |
| District court, Jagatsinghpur, Odisha | Court case (M.a.c. Case.) | Filed against the company by an individual | Pending |
| District court, Cuttack, Odisha | Court case (M.a.c. Case) | Filed against the company by an individual | Pending |
| District court, Puri, Odisha | Court case (M.a.c.t Case) | Filed against the company by an individual | Pending |
| District court, Puri, Odisha | Court case (M.a.c.t Case) | Filed against the company by individuals | Pending |
To see the full case history of Narbada Travels 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 Narbada Travels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Narbada Travels has 1 subsidiary company. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
1
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Progressive Transit Private Limited | U74999DL2018PTC329659 |
To see the full group structure of Narbada Travels Private Limited, buy the company report.
Employees & EPFO
Narbada Travels Private Limited has a workforce of 279 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
Employee count
279
Active EPFO establishments
1
Employee growth
8.14%
GST
Narbada Travels has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AAGCN0941E1Z1 | Odisha | Active | 16 Oct 2018 |
To see the full GST registrations and return filing status of Narbada Travels Private Limited, buy the company report.
Recent activity
Narbada Travels Private Limited has 11 board changes on record since 2018: 4 appointments and 7 cessations. The latest: Gajinder Yadav ceased to be Additional Director on 29 Sep 2024.
AGM
Narbada Travels Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge registered on 26 Jun 2024 via Charge ID 100959971 with State Bank Of India was fully satisfied on 16 Jun 2025.
Filing
Narbada Travels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Cuttack.
Charges
A charge with Others amounted to Rs. 27.00 Cr with Charge ID 101067755 was registered on 28 Mar 2025.
Ceased
Gajinder Yadav ceased to be Additional Director.
Charges
A charge registered on 06 Oct 2023 via Charge ID 100815203 with Axis Bank Limited was fully satisfied on 27 Aug 2024.
Charges
A charge with State Bank Of India amounted to Rs. 18.27 Cr with Charge ID 100959971 was registered on 26 Jun 2024.
Charges
A charge with State Bank Of India amounted to Rs. 49.73 Cr with Charge ID 100865464 was registered on 06 Jan 2024.
Charges
A charge with Others amounted to Rs. 36.96 Cr with Charge ID 100850215 was registered on 28 Dec 2023.
Charges
A charge registered on 10 Nov 2022 via Charge ID 100650929 with Axis Bank Limited was fully satisfied on 22 Dec 2023.
Charges
A charge registered on 23 Feb 2022 via Charge ID 100555220 with Axis Bank Limited was fully satisfied on 22 Dec 2023.
Charges
A charge with Axis Bank Limited amounted to Rs. 3.83 Cr with Charge ID 100815203 was registered on 06 Oct 2023.
14 earlier events are in the company report.
Frequently asked questions
Narbada Travels is an active private limited company based in Bhubaneswar, Odisha, India. The company works in passenger transport, within the transport and logistics industry. It was incorporated on 05 June 2018 (8+ years old) and is registered under CIN U60300OR2018PTC032153.
Narbada Travels has 4 current directors:
- Virender Kumar Saroha - Director
- Vijender Singh Dalal - Director
- Khajan Singh - Director
- Gajinder Yadav - Director
The latest financial statements of Narbada Travels 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 FY 2019 are in the company report.
The GSTIN of Narbada Travels is 21AAGCN0941E1Z1, registered in Odisha.
The CIN (Corporate Identification Number) of Narbada Travels is U60300OR2018PTC032153. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Narbada Travels has 13 court cases on record: 13 filed against it. 9 are pending.
Narbada Travels was incorporated on 05 June 2018, making it 8+ years old. It is registered with the Registrar of Companies, Cuttack.
Narbada Travels has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹11.99 Cr; the latest was in April 2022.
The peers of Narbada Travels by revenue are Hansa City Bus Services Private Limited, Hansa Vahan India Private Limited, Reliance Transport and Travels Pvt Ltd, Sun Transmovers India Private Limited, all in the Transport and Logistics industry (Passenger Transport Services, Travels), with the same principal business activity (land transport via road).
Gajinder Yadav ceased to be Additional Director on 29 Sep 2024. Gajinder Yadav was appointed as Director on 03 Oct 2023. Harshil Saroha ceased to be Director on 02 Mar 2021. Narbada Travels has 11 board changes on record in total.
Yes, Narbada Travels is registered as a medium enterprise under Udyam registration (number: UDYAM-OD-19-0017867).