About PL Shipping & Logistics India Limited
Data last updated:
PL Shipping & Logistics India Limited was a public limited company based in Chennai, Tamil Nadu, India, operated as a subsidiary of Peirce Leslie India Limited. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the integrated logistics and supply chain solutions segment of the transport and logistics sector. It was incorporated on 06 June 2011.
The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U63012TN2011PLC080947.
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It was led by directors including Ramesh Ramachandran and Ambalaparambil Sankar.
Its last annual general meeting (AGM) was held on 29 September 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at 37 Dr. P.V. Cherian Crescent Egmore, Chennai, Tamil Nadu, India – 600008.
As per the financials filed for FY 2017, the company reported a revenue of ₹27,600, a decline of 5% compared to the previous year. For the same year it recorded a net profit of ₹12,240 (net margin 44.3%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 30% over five years.
The last known website on record is peirceleslie.com.
Company details
Contact details
PL Shipping & Logistics India Limited's registered office is in Chennai, Tamil Nadu. Its website is peirceleslie.com. Its e-mail address is in the company report.
- Email
- Website
- Registered Address37 Dr. P.V. Cherian Crescent Egmore, Chennai, Tamil Nadu, India – 600008
- IndustryTransport and Logistics, Integrated & Diversified Logistics Services
To see the full contact details of PL Shipping & Logistics India 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
Financials of PL Shipping & Logistics India Limited
FY 2020 filings availablePL Shipping & Logistics India Limited reported revenue of ₹27,600 (down 5% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 5% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 30%. 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹27,600 | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | |||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹12,240 | ||
| 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | |||
| Net Profit Margin | 44.3% | ||
| 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 | |||
To see the full financial statements and ratios of PL Shipping & Logistics India Limited, buy the company report.
Board of directors of PL Shipping & Logistics India Limited
PL Shipping & Logistics India has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramesh Ramachandran | Director | 18 May 2015 | 11 Years 5 Months | As last reported |
| Ambalaparambil Sankar Also directs: The Cottanad Plantations Ltd, PL Agro Technologies Private Limited, The Nilambur Rubber Company Limited and 1 more | Director | 06 Jun 2011 | 15 Years 5 Months | As last reported |
| Sudhakar Vappalakalathil Also directs: PL Shipping & Logistics Limited, Newbridge Capital Private Limited, PL Worldways Private Limited and 1 more | Director | 06 Jun 2011 | 15 Years 5 Months | As last reported |
| Venugopal Vappalakalathil Also directs: Newbridge Capital Private Limited, Peirce Leslie India Limited | Director | 06 Jun 2011 | 15 Years 5 Months | As last reported |
Peer comparison
PL Shipping & Logistics India Limited is compared with the 10 companies closest to it by revenue in the Transport and Logistics industry (Diversified Logistics), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sagar Parivan Private Limited | ₹29,500 (FY 2021) | -99.0% | Howrah, West Bengal, India | |||
| A. S. Links & Wares Private Limited | ₹29,312 (FY 2024) | -94.0% | Ernakulam, Kerala, India | |||
| Gajanand Logistics Private Limited | ₹29,264 (FY 2025) | -34.0% | Kolkata, West Bengal, India | |||
| Asia Freight Private Limited | ₹29,243 (FY 2024) | Hyderabad, Telangana, India | ||||
| Harvard Global Logistics Limited | ₹29,200 (FY 2023) | -10.0% | Belapur, Maharashtra, India | |||
| Palogix Infra Logistics Private Limited | ₹28,594 (FY 2023) | -87.0% | Varanasi, Uttar Pradesh, India | |||
| Nirpender Logistics Private Limited | ₹27,719 (FY 2025) | -65.0% | New Delhi, Delhi, India | |||
| PL Shipping & Logistics India Limitedthis company | ₹27,600 (FY 2017) | ₹12,240 | 44.3% | -5.0% | Chennai, Tamil Nadu, India | |
| Granitell Pvt Ltd | ₹27,349 (FY 2024) | -99.0% | Cuttack, Odisha, India | |||
| Unitex Logistics India Private Limited | ₹27,224 (FY 2024) | Chennai, Tamil Nadu, India | ||||
| Unicorn Logistics India Private Limited | ₹27,149 (FY 2025) | Chennai, Tamil Nadu, India |
To see the full peer comparison of PL Shipping & Logistics India Limited, buy the company report.
Auditor
PL Shipping & Logistics India Limited is audited by JAGANNATHAN & SARABESWARAN for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JAGANNATHAN & SARABESWARAN | FY 2017 | 001204S |
Shareholding
The shareholding of PL Shipping & Logistics India Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of PL Shipping & Logistics India Limited, buy the company report.
Legal cases
No court or tribunal cases involving PL Shipping & Logistics India Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for PL Shipping & Logistics India Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for PL Shipping & Logistics India Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
PL Shipping & Logistics India Limited has 5 board changes on record since 2011: 4 appointments and 1 cessation. The latest: Ramesh Ramachandran ceased to be Additional Director on 25 Sep 2015.
Frequently asked questions
PL Shipping & Logistics India has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
PL Shipping & Logistics India was a public limited company based in Chennai, Tamil Nadu, India. The company worked in integrated and diversified logistics services, within the transport and logistics industry. It was incorporated on 06 June 2011 and is registered under CIN U63012TN2011PLC080947. The company has been struck off by the Registrar of Companies and is no longer operational.
PL Shipping & Logistics India had 4 directors:
- Ramesh Ramachandran - Director
- Ambalaparambil Sankar - Director
- Sudhakar Vappalakalathil - Director
- Venugopal Vappalakalathil - Director
The CIN (Corporate Identification Number) of PL Shipping & Logistics India is U63012TN2011PLC080947. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of PL Shipping & Logistics India is at 37 Dr. P.V. Cherian Crescent Egmore, Chennai, Tamil Nadu, India – 600008.
PL Shipping & Logistics India was incorporated on 06 June 2011. It is registered with the Registrar of Companies, Chennai.
PL Shipping & Logistics India can be reached through the website peirceleslie.com. Its registered office is in Chennai, Tamil Nadu, India.
The latest financial statements of PL Shipping & Logistics India on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 29 September 2020. Year-wise statements from 2015 are in the company report.
PL Shipping & Logistics India operated in the transport and logistics industry, in the integrated and diversified logistics services segment. It worked in this industry before it was struck off.
The peers of PL Shipping & Logistics India by revenue are Sagar Parivan Private Limited, A. S. Links & Wares Private Limited, Gajanand Logistics Private Limited, Asia Freight Private Limited, Harvard Global Logistics Limited and 5 more, all in the Transport and Logistics industry (Diversified Logistics).
Ramesh Ramachandran ceased to be Additional Director on 25 Sep 2015. Ramesh Ramachandran was appointed as Director on 18 May 2015. Ambalaparambil Sankar was appointed as Director on 06 Jun 2011. PL Shipping & Logistics India has 5 board changes on record in total.
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