About Pragathi Logistics Services Private Limited
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Pragathi Logistics Services Private Limited is a private limited company based in Mysore, Karnataka, India. It operates in the integrated logistics and supply chain solutions segment of the transport and logistics sector. It was incorporated on 24 May 2022.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U60230KA2022PTC161625. Its GSTIN is 29AAMCP9286E1ZP (Karnataka). The company holds 6 GST registrations, all of them active.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹15 Lakh. It is led by directors Thimmegowda Mamatha and Chikkanandi Mariyappa Kumar.
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 No. 65 – C2 Hootagalli Industrial Area, Mysore, Karnataka, India – 570018.
As per the financials filed for FY 2024, the company reported a revenue of ₹40.68 Cr, a growth of 132% compared to the previous year. For the same year it recorded a net profit of ₹3.06 Cr (net margin 7.5%) and EBITDA of ₹3.98 Cr (EBITDA margin 9.8%).
The company has about 19 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹5.79 Cr and satisfied charges of ₹35.64 Lakh on record. Court records list 2 cases involving the company, including 2 filed against it; 1 case is pending.
For more details, the company can be reached via its website pls.one.
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- Registered AddressNo. 65 – C2 Hootagalli Industrial Area, Mysore, Karnataka, India – 570018
- IndustryTransport and Logistics, Integrated & Diversified Logistics Services
- 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
- One PDF report, delivered after checkout
Business Activity of Pragathi Logistics Services Private Limited
The main business activity of Pragathi Logistics Services is transport and storage. In detail, this covers land transport via road.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| H | Transport and storage | H1 | Land Transport via Road | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Pragathi Logistics Services Private Limited FY 2025 filings available
Pragathi Logistics Services Private Limited reported revenue of ₹40.68 Cr (up 132% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Pragathi Logistics Services Private Limited
Revenue rose 132% in the latest year. EBITDA rose 142% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Pragathi Logistics Services Private Limited
| Metrics | FY 2023-24 | FY 2022-23 |
|---|---|---|
| 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 | ₹3.98 Cr | •••• |
| Profit Before Tax | •••• | •••• |
| Tax Expense | •••• | •••• |
| Net Profit (PAT) | ₹3.06 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 of Pragathi Logistics Services Private Limited
| Metrics | FY 2023-24 | FY 2022-23 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 9.8% | •••• |
| Net Profit Margin | 7.5% | •••• |
| 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 | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Pragathi Logistics Services are in the company report.
Financial statements from FY 2023
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Pragathi Logistics Services Private Limited
Pragathi Logistics Services Private Limited is compared with the companies closest to it by revenue in the Transport and Logistics industry (Diversified Logistics). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sash Global Logistics Private Limited | ₹40.77 Cr (FY 2025) | •••• | •••• | 17.0% | •••• | New Delhi, Delhi, India |
| Maheshanand Logistics Private Limited | ₹40.73 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | New Delhi, Delhi, India |
| Pallavi Syndicate Private Limited | ₹40.73 Cr (FY 2025) | •••• | •••• | -22.0% | •••• | Balasore, Odisha, India |
| Quick India Logistics Private Limited | ₹40.68 Cr (FY 2025) | •••• | •••• | 29.0% | •••• | Mumbai, Maharashtra, India |
| Trendlog Consol Services Private Limited | ₹40.68 Cr (FY 2024) | •••• | •••• | -4.0% | •••• | Chennai, Tamil Nadu, India |
| Pragathi Logistics Services Private Limited this company | ₹40.68 Cr (FY 2024) | •••• | •••• | 132.0% | •••• | Mysore, Karnataka, India |
| Nagwan Express Logistics Private Limited | ₹40.66 Cr (FY 2025) | •••• | •••• | 0.0% | •••• | Gurgaon, Haryana, India |
| Amar Prem and Sons Private Limited | ₹40.59 Cr (FY 2025) | •••• | •••• | -47.0% | •••• | Bhilwara, Rajasthan, India |
| Bullseye Cargo Private Limited | ₹40.58 Cr (FY 2024) | •••• | •••• | 14.0% | •••• | Mumbai, Maharashtra, India |
| Smart Ship Logistics Private Limited | ₹40.57 Cr (FY 2025) | •••• | •••• | -16.0% | •••• | Hyderabad, Telangana, India |
| Ocean's Pride Marine Services Private Limited | ₹40.52 Cr (FY 2022) | •••• | •••• | 16.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Pragathi Logistics Services by revenue in the Transport and Logistics industry (Diversified Logistics), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Pragathi Logistics Services Private Limited
Pragathi Logistics Services Private Limited is audited by L.R. Prakash & Co for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| L.R. Prakash & Co | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Pragathi Logistics Services Private Limited
Pragathi Logistics Services has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Thimmegowda Mamatha | Director | 24 May 2022 | 4 Years 4 Months | Current |
| Chikkanandi Mariyappa Kumar | Director | 24 May 2022 | 4 Years 4 Months | Current |
Ownership and Shareholding of Pragathi Logistics Services Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Pragathi Logistics Services Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 Sep 2025 | State Bank of India | ₹3.7 Cr | Open |
| 21 Jan 2025 | Hdfc Bank Limited | ₹62.84 Lakh | Open |
| 26 Jul 2024 | Others | ₹17.55 Lakh | Open |
| 26 Jul 2024 | Others | ₹17.45 Lakh | Open |
| 30 Mar 2024 | Others | ₹14.4 Lakh | Open |
Total charge records: 19 View all charges
Legal Cases of Pragathi Logistics Services Private Limited
Pragathi Logistics Services Private Limited has 2 court cases on record: 2 filed against it. 1 case is pending and 1 is disposed. Status as checked between 29 Sep 2026 and 30 Sep 2026.
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, DHARWAD, Karnataka | Motor accident claim | Filed against the company by an individual | Pending |
| District court, DHARWAD, Karnataka | Motor accident claim | Filed against the company by an individual | Disposed |
Full case history
All 2 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Pragathi Logistics Services Private Limited
Pragathi Logistics Services Private Limited has a workforce of 19 employees as of Apr 08, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Pragathi Logistics Services Private Limited
Pragathi Logistics Services Private Limited has 2 board changes on record since 2022: 2 appointments. The latest: Chikkanandi Mariyappa Kumar was appointed as Director on 24 May 2022.
18 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Pragathi Logistics Services Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Pragathi Logistics Services Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Pragathi Logistics Services Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Pragathi Logistics Services Private Limited
Pragathi Logistics Services has 6 GST registrations: 6 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAMCP9286E1ZP | Karnataka | Active | 17 Jun 2022 |
| 33AAMCP9286E1Z0 | Tamil Nadu | Active | 28 Jun 2022 |
| 36AAMCP9286E1ZU | Telangana | Active | 07 Dec 2022 |
| 27AAMCP9286E1ZT | Maharashtra | Active | 13 Sep 2023 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Pragathi Logistics Services Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Pragathi Logistics Services Private Limited
Pragathi Logistics Services is an active private limited company based in Mysore, Karnataka, India. The company works in integrated and diversified logistics services, within the transport and logistics industry. It was incorporated on 24 May 2022 (4+ years old) and is registered under CIN U60230KA2022PTC161625.
Pragathi Logistics Services reported revenue of ₹40.68 Cr for FY 2024 (up 132% YoY).
Pragathi Logistics Services has 2 current directors:
- Thimmegowda Mamatha - Director
- Chikkanandi Mariyappa Kumar - Director
Pragathi Logistics Services reported a net profit of ₹3.06 Cr (net margin 7.5%) and EBITDA of ₹3.98 Cr (EBITDA margin 9.8%) for FY 2024, as per its filed financial statements.
The GSTIN of Pragathi Logistics Services is 29AAMCP9286E1ZP, registered in Karnataka. The company has 6 GST registrations in all, of which 6 are active. Other active GSTINs include 33AAMCP9286E1Z0 (Tamil Nadu), 36AAMCP9286E1ZU (Telangana), 27AAMCP9286E1ZT (Maharashtra).
The CIN (Corporate Identification Number) of Pragathi Logistics Services is U60230KA2022PTC161625. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pragathi Logistics Services has 2 court cases on record: 2 filed against it. 1 is pending.
Pragathi Logistics Services was incorporated on 24 May 2022, making it 4+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Pragathi Logistics Services by revenue are Sash Global Logistics Private Limited, Maheshanand Logistics Private Limited, Pallavi Syndicate Private Limited, Quick India Logistics Private Limited, Trendlog Consol Services Private Limited and 5 more, all in the Transport and Logistics industry (Diversified Logistics).
Chikkanandi Mariyappa Kumar was appointed as Director on 24 May 2022. Thimmegowda Mamatha was appointed as Director on 24 May 2022.
Pragathi Logistics Services can be reached through the website pls.one. Its registered office is in Mysore, Karnataka, India.