
About Navkar Transcore Private Limited
Data last updated:
Navkar Transcore Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 09 April 1986 and has been in existence for over 40 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U51100GJ1986PTC008611. Its GSTIN is 24AACCA8089Q1Z0 (Gujarat). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹3 Cr. It was formerly known as Arthant Traders Pvt Ltd. It is led by directors including Krutarth Vinodbhai Shah and Deepak Chinubhai 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 S – 2 Murlidhar Complex Nrsnehkunj Bus Stand Surendra Mangaldas Road Ambawadi, Ahmedabad, Gujarat, India – 380015.
As per the financials filed for FY 2025, the company reported a revenue of ₹188.24 Cr, a growth of 2% compared to the previous year. For the same year it recorded a net profit of ₹17.66 Cr (net margin 9.4%) and EBITDA of ₹28.29 Cr (EBITDA margin 15%). Revenue has grown at a compounded annual rate (CAGR) of 22% over three years and 17% over five years.
As per MCA filings, the company has open charges of ₹72.55 Cr and satisfied charges of ₹75.55 Cr on record. Court records list 30 cases involving the company, including 8 filed by the company and 22 filed against it; 3 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ntplindia.co.in.
Company details
CIN history
Navkar Transcore has one previous CIN (Corporate Identification Number): L51100GJ1986PTC008611. The current CIN is U51100GJ1986PTC008611, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51100GJ1986PTC008611 | Current |
| L51100GJ1986PTC008611 | Previous |
Contact details
Navkar Transcore Private Limited's registered office is in Ahmedabad, Gujarat. Its website is ntplindia.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressS – 2 Murlidhar Complex Nrsnehkunj Bus Stand Surendra Mangaldas Road Ambawadi, Ahmedabad, Gujarat, India – 380015
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of Navkar Transcore 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 Navkar Transcore is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Navkar Transcore Private Limited, buy the company report.
Financials of Navkar Transcore Private Limited
FY 2025 filings availableNavkar Transcore Private Limited reported revenue of ₹188.24 Cr (up 2% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 17% over five years, including 2% growth in the latest year. EBITDA rose 57% 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 |
|---|---|---|---|---|---|
| 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 | ₹28.29 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹17.66 Cr | ||||
| 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 15% | ||||
| Net Profit Margin | 9.4% | ||||
| 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 | |||||
To see the full financial statements and ratios of Navkar Transcore Private Limited, buy the company report.
Board of directors of Navkar Transcore Private Limited
Navkar Transcore has 9 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Krutarth Vinodbhai Shah Also directs: Spi Industries Private Limited, Vardhaman Stampings Private Limited, Rishabh Lifescience Private Limited and 1 more | Director | 28 Apr 2015 | 11 Years 6 Months | Current |
| Deepak Chinubhai Shah Also directs: Spi Industries Private Limited, Vardhaman Stampings Private Limited, Vasupujya Multitrade LLP and 2 more | Director | 09 Apr 1986 | 40 Years 6 Months | Current |
| Hardik Dipakbhai Shah Also directs: Spi Industries Private Limited, Vardhaman Stampings Private Limited, Vasupujya Multitrade LLP and 2 more | Director | 28 Apr 2015 | 11 Years 6 Months | Current |
| Vinod Chinubhai Shah | Director | 28 Apr 2015 | 11 Years 6 Months | Current |
| Samkit Dipakbhai Shah Also directs: Spi Industries Private Limited, Vardhaman Stampings Private Limited, Vasupujya Multitrade LLP and 2 more | Director | 28 Apr 2015 | 11 Years 6 Months | Current |
| Kamlesh Shah Chinubhai | Director | 28 Apr 2015 | 11 Years 6 Months | Current |
Auditor
Navkar Transcore Private Limited is audited by Mukesh M. Shah & Co. for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Mukesh M. Shah & Co. | FY 2024 | 106625W |
Shareholding
The shareholding of Navkar Transcore 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 Navkar Transcore Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Sep 2021 | 100487626 | Hdfc Bank Limited | ₹72 Cr | Open | |
| 13 Mar 1993 | 90106127 | Bank of Baroda | ₹55 Lakh | Open | |
| 27 Jun 2009 | 10167153 | Axis Bank Limited | ₹24.5 Cr | Satisfied | |
| 19 Dec 2008 | 10139152 | Axis Bank Limited | ₹24.5 Cr | Satisfied | |
| 25 Jan 2007 | 10036524 | Development Credit Bank Ltd. | ₹18.8 Cr | Satisfied |
To see the full charge records of Navkar Transcore Private Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
Navkar Transcore Private Limited has 30 court cases on record: 8 filed by Navkar Transcore, 22 filed against it. 3 cases are pending and 27 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 18 | 12 | 0 |
| High courts | 12 | 10 | 3 |
Cases on record (5 of 30)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Special civil application | Filed against the company by Marsons Limited, | Pending |
| District court, Ahmedabad, Gujarat | Commercial matter | Filed by the company against Ms. Marsons Limited | Disposed |
| District court, Ahmedabad, Gujarat | Commercial matter | Filed by the company against Ms. Marsons Limited | Disposed |
| High Court, GUJARAT | Court case (SCR.A) | Filed against the company by Marsons Limited Through Its Director Peti. No. 2 and 2 others | Disposed |
| District court, Calcutta, West Bengal | Court case (TS) | Filed against the company by Marsons Ltd. | Disposed |
To see the full case history of Navkar Transcore 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.
Credit ratings & regulatory alerts
Navkar Transcore Private Limited was last rated by Crisil on 03 Sep 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 03 Sep 2020 |
To see the full credit ratings and regulatory alerts of Navkar Transcore Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Navkar Transcore Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Navkar Transcore has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCA8089Q1Z0 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Navkar Transcore Private Limited, buy the company report.
Recent activity
Navkar Transcore Private Limited has 9 board changes on record since 1986: 9 appointments. The latest: Hardik Dipakbhai Shah was appointed as Director on 28 Apr 2015.
15 earlier events are in the company report.
Frequently asked questions
Navkar Transcore is an active private limited company based in Ahmedabad, Gujarat, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 09 April 1986 (40+ years old) and is registered under CIN U51100GJ1986PTC008611.
Navkar Transcore has 9 current directors:
- Krutarth Vinodbhai Shah - Director
- Deepak Chinubhai Shah - Director
- Hardik Dipakbhai Shah - Director
- Vinod Chinubhai Shah - Director
- Samkit Dipakbhai Shah - Director
- Kamlesh Shah Chinubhai - Director
- Parthiv Kamleshbahi Shah - Director
- Pathik Vinodbhai Shah - Director
- Prashant Shah Kamleshbhai - Director
The latest financial statements of Navkar Transcore 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 Navkar Transcore is 24AACCA8089Q1Z0, registered in Gujarat. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Navkar Transcore is U51100GJ1986PTC008611. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Navkar Transcore has 30 court cases on record: 8 filed by the company and 22 filed against it. 3 are pending. Most are in the district courts.
Navkar Transcore was incorporated on 09 April 1986, making it 40+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Hardik Dipakbhai Shah was appointed as Director on 28 Apr 2015. Kamlesh Shah Chinubhai was appointed as Director on 28 Apr 2015. Krutarth Vinodbhai Shah was appointed as Director on 28 Apr 2015. Navkar Transcore has 9 board changes on record in total.
Navkar Transcore can be reached through the website ntplindia.co.in. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Navkar Transcore is at S – 2 Murlidhar Complex Nrsnehkunj Bus Stand Surendra Mangaldas Road Ambawadi, Ahmedabad, Gujarat, India – 380015.

