About Pride Distributors Private Limited
Data last updated:
Pride Distributors Private Limited is a private limited company based in Nagpur, Maharashtra, India. It operates in the storage and warehouse segment of the warehousing and storage sector. It was incorporated on 13 May 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51909MH2010PTC203136. Its GSTIN is 27AAFCP4819A1ZN (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹5 Cr. It is led by directors Saurabh Niranjan Thakkar (Managing Director) and Niranjan Kalyanji Thakkar (Whole-Time Director).
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 Nagpur, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹403.63 Cr. For the same year it recorded a net profit of ₹3.93 Cr (net margin 1%) and EBITDA of ₹6.69 Cr (EBITDA margin 1.7%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 6% over five years.
The company has about 913 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹77 Cr and satisfied charges of ₹11 Cr on record. Court records list 11 cases involving the company, including 7 filed by the company and 4 filed against it; 3 cases are pending. The company has 3 deals on record (2 secondary share transfers, 1 rights issue); the latest was in July 2022.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website pridedistributors.com.
Company details
Contact details
Pride Distributors Private Limited's registered office is in Nagpur, Maharashtra. Its website is pridedistributors.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No. 13 Opposite Dmart, Ganga Vihar Colony, Nagpur, Maharashtra, India – 440008
- IndustryWarehousing, Storage & Warehouse
To see the full contact details of Pride Distributors 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 Pride Distributors is transport and storage. In detail, this covers warehousing and storage.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transport and storage | H6 | Warehousing and storage |
To see the full business activity and turnover split of Pride Distributors Private Limited, buy the company report.
Financials of Pride Distributors Private Limited
FY 2024 filings availablePride Distributors Private Limited reported revenue of ₹403.63 Cr for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 6% over five years. EBITDA rose 24% 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 |
|---|---|---|---|---|---|
| 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 | ₹6.69 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.93 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.7% | ||||
| Net Profit Margin | 1% | ||||
| 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 Pride Distributors Private Limited, buy the company report.
Board of directors of Pride Distributors Private Limited
Pride Distributors has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Niranjan Kalyanji Thakkar | Whole-Time Director | 20 Apr 2022 | 4 Years 6 Months | Current |
| Saurabh Niranjan Thakkar | Managing Director | 13 May 2010 | 16 Years 5 Months | Current |
Auditor
Pride Distributors Private Limited is audited by VILAS SARANJAME & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VILAS SARANJAME & CO. | FY 2023 | 0158270W |
Shareholding
The shareholding of Pride Distributors 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 Pride Distributors Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Sep 2025 | 101172466 | Axis Bank Limited | ₹30 Cr | Open | |
| 15 Mar 2022 | 100556287 | Tata Capital Financial Services Limited | ₹25 Cr | Open | |
| 08 Oct 2018 | 100226892 | Hdfc Bank Limited | ₹15 Cr | Open | |
| 06 Feb 2015 | 10566032 | Tata Capital Financial Services Limited | ₹4.5 Cr | Open | |
| 05 Jul 2010 | 10232498 | Canara Bank | ₹2.5 Cr | Open |
To see the full charge records of Pride Distributors Private Limited, buy the company report.
Total charge records: 6 View all charges
Deals & funding
Pride Distributors Private Limited has 3 deals on record (2 secondary share transfers, 1 rights issue); the latest was in July 2022.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2022 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: an individual |
| Feb 2016 | Rights issue | ₹4.95 Cr | Investors: 3 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Pride Distributors Private Limited has 11 court cases on record: 7 filed by Pride Distributors, 4 filed against it. 3 cases are pending and 8 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 11 | 4 | 3 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Tata Capital Financial Service Ltd | Pending |
| District court, Nagpur, Maharashtra | Civil suit | Filed by the company against Shiv Shakhi Traders and 2 others | Pending |
| District court, Nagpur, Maharashtra | Civil suit | Filed by the company against an individual | Pending |
| District court, Maharashtra Industrial and Lab, Maharashtra | Interim or miscellaneous application | Filed against the company by an individual | Disposed |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Revn. Appln. ULP) | Filed by the company against an individual | Disposed |
To see the full case history of Pride Distributors 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 Pride Distributors Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Pride Distributors Private Limited has a workforce of 913 employees on its EPFO records as of Mar 31, 2024, across 2 active EPFO establishments.
GST
Pride Distributors has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCP4819A1ZN | Maharashtra | Active | 01 Jul 2017 |
| 23AAFCP4819A1ZV | Madhya Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Pride Distributors Private Limited, buy the company report.
Recent activity
Pride Distributors Private Limited has 6 board changes on record since 2010: 2 appointments and 4 cessations. The latest: Saurabh Niranjan Thakkar ceased to be Director on 29 Mar 2024.
9 earlier events are in the company report.
Frequently asked questions
Pride Distributors is an active private limited company based in Nagpur, Maharashtra, India. The company works in storage and warehouse, within the warehousing industry. It was incorporated on 13 May 2010 (16+ years old) and is registered under CIN U51909MH2010PTC203136.
Pride Distributors has 2 current directors:
- Saurabh Niranjan Thakkar - Managing Director
- Niranjan Kalyanji Thakkar - Whole-Time Director
The latest financial statements of Pride Distributors 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 Pride Distributors is 27AAFCP4819A1ZN, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 23AAFCP4819A1ZV (Madhya Pradesh).
The CIN (Corporate Identification Number) of Pride Distributors is U51909MH2010PTC203136. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pride Distributors has 11 court cases on record: 7 filed by the company and 4 filed against it. 3 are pending.
Pride Distributors was incorporated on 13 May 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.
Pride Distributors has 3 deals on record (2 secondary share transfers, 1 rights issue); the latest was in July 2022.
Saurabh Niranjan Thakkar ceased to be Director on 29 Mar 2024. Niranjan Kalyanji Thakkar was appointed as Whole-Time Director on 20 Apr 2022. Viren Jayantilal Thakkar ceased to be Director on 20 Apr 2022. Pride Distributors has 6 board changes on record in total.
Pride Distributors can be reached through the website pridedistributors.com. Its registered office is in Nagpur, Maharashtra, India.