Prag Carriers Private Limited
About Prag Carriers Private Limited
Data last updated:
Prag Carriers Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the carriers services segment of the transport and logistics sector. It was incorporated on 11 November 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U63090GJ1997PTC033291. Its GSTIN is 24AAACP9372M1ZZ (Gujarat).
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹16.24 Lakh. It is led by directors including Chhatarmal Kanhiyalal Dhariwal and Meenadevi Kamleshkumar Jain.
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 37 Hirabhai Market Diwanbalhubhai Road Kankaria, Ahmedabad, Gujarat, India – 380022.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.58 Cr, a growth of 25% compared to the previous year. For the same year it recorded a net profit of ₹1.21 Lakh (net margin 0.8%) and EBITDA of ₹2.39 Lakh (EBITDA margin 1.5%). Revenue has declined at a compounded annual rate (CAGR) of 3% over three years and 6% over five years.
Court records list 2 cases involving the company, including 2 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Prag Carriers Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address37 Hirabhai Market Diwanbalhubhai Road Kankaria, Ahmedabad, Gujarat, India – 380022
- IndustryTransport and Logistics, Carriers Services
To see the full contact details of Prag Carriers 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 Prag Carriers is transport and storage. In detail, this covers land transport via road.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transport and storage | H1 | Land Transport via Road |
To see the full business activity and turnover split of Prag Carriers Private Limited, buy the company report.
Financials of Prag Carriers Private Limited
FY 2024 filings availablePrag Carriers Private Limited reported revenue of ₹1.58 Cr (up 25% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 25% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 6%. EBITDA fell 16% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹2.39 Lakh | ||||
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| Net Profit (PAT) | ₹1.21 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 1.5% | ||||
| Net Profit Margin | 0.8% | ||||
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To see the full financial statements and ratios of Prag Carriers Private Limited, buy the company report.
Board of directors of Prag Carriers Private Limited
Prag Carriers has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chhatarmal Kanhiyalal Dhariwal | Director | 08 Jan 2013 | 13 Years 10 Months | Current |
| Meenadevi Kamleshkumar Jain Also directs: Tulip Star Industries LLP | Director | 05 Oct 1998 | 28 Years 1 Months | Current |
| Kamleshkumar Maturamji Jain | Director | 11 Nov 1997 | 29 Years 0 Months | Current |
Peer comparison
Prag Carriers Private Limited is compared with the 6 companies closest to it by revenue in the Transport and Logistics industry (Road Carriers and Trucking), 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 |
|---|---|---|---|---|---|---|
| C.M.R. Transport Contractors Company Private Limited | ₹1.61 Cr (FY 2025) | -53.0% | Vijayawada, Andhra Pradesh, India | |||
| Aravali Cargo Movers Private Limited | ₹1.58 Cr (FY 2025) | -90.0% | Jaipur, Rajasthan, India | |||
| Prag Carriers Private Limitedthis company | ₹1.58 Cr (FY 2024) | ₹1.21 Lakh | 0.8% | 25.0% | Ahmedabad, Gujarat, India | |
| Ayush Highways Private Limited | ₹1.58 Cr (FY 2025) | 17.0% | Patna, Bihar, India | |||
| Shifterindia Freight Movers Private Limited | ₹1.57 Cr (FY 2024) | 9.0% | Ponda, Goa, India | |||
| Bhasin Roadlines Private Limited | ₹1.57 Cr (FY 2024) | 33.0% | Uttar Pradesh, India | |||
| LTS Ind Logistic Private Limited | ₹1.57 Cr (FY 2025) | -9.0% | Thane, Maharashtra, India |
To see the full peer comparison of Prag Carriers Private Limited, buy the company report.
Auditor
Prag Carriers Private Limited is audited by Lunia and co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Lunia and co. | FY 2023 | 116436W |
Shareholding
The shareholding of Prag Carriers Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Prag Carriers Private Limited, buy the company report.
Legal cases
Prag Carriers Private Limited has 2 court cases on record: 2 filed against it. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Court case (REFERENCE T LC) | Filed against the company by an individual | Pending |
| District court, Ahmedabad, Gujarat | Court case (RECO33C 1 LC) | Filed against the company by an individual | Disposed |
To see the full case history of Prag Carriers 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 Prag Carriers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Prag Carriers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACP9372M1ZZ | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Prag Carriers Private Limited, buy the company report.
Recent activity
Prag Carriers Private Limited has 6 board changes on record since 1997: 3 appointments and 3 cessations. The latest: Premdevi Ranjit Loonia ceased to be Director on 26 Apr 2015.
Frequently asked questions
Prag Carriers is an active private limited company based in Ahmedabad, Gujarat, India. The company works in carriers services, within the transport and logistics industry. It was incorporated on 11 November 1997 (29+ years old) and is registered under CIN U63090GJ1997PTC033291.
Prag Carriers has 3 current directors:
- Chhatarmal Kanhiyalal Dhariwal - Director
- Meenadevi Kamleshkumar Jain - Director
- Kamleshkumar Maturamji Jain - Director
The latest financial statements of Prag Carriers on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Prag Carriers is 24AAACP9372M1ZZ, registered in Gujarat.
The CIN (Corporate Identification Number) of Prag Carriers is U63090GJ1997PTC033291. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Prag Carriers has 2 court cases on record: 2 filed against it. 1 is pending.
Prag Carriers was incorporated on 11 November 1997, making it 29+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Prag Carriers by revenue are C.M.R. Transport Contractors Company Private Limited, Aravali Cargo Movers Private Limited, Ayush Highways Private Limited, Shifterindia Freight Movers Private Limited, Bhasin Roadlines Private Limited and 1 more, all in the Transport and Logistics industry (Road Carriers and Trucking), with the same principal business activity (land transport via road).
Premdevi Ranjit Loonia ceased to be Director on 26 Apr 2015. Ranjit Jaichandlal Loonia ceased to be Director on 29 Sep 2014. Chhatarmal Kanhiyalal Dhariwal was appointed as Director on 08 Jan 2013. Prag Carriers has 6 board changes on record in total.
The registered office of Prag Carriers is at 37 Hirabhai Market Diwanbalhubhai Road Kankaria, Ahmedabad, Gujarat, India – 380022.
Prag Carriers operates in the transport and logistics industry, in the carriers services segment.
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