Punit Reach Logistics Private Limited

Punit Reach Logistics Private Limited - transport and logistics in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
CIN U63023TN2006PTC068848 Incorporated 08 November 2006 ROC Chennai HQ Chennai, Tamil Nadu, India
Active Private Limited Company transport and logistics MSME · Small
Data last updated
Revenue · FY 2024
₹6 Cr
▼ 6% YoY
Net profit · FY 2024
₹12.06 Lakh
Net margin 2%
EBITDA · FY 2024
₹38.57 Lakh
EBITDA margin 6.4%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹2 Cr
Satisfied ₹185.62 Cr
Company age
20 yrs
Est. 2006
Directors on board
3
As per MCA filings

About Punit Reach Logistics Private Limited

Data last updated:

Punit Reach Logistics Private Limited is a private limited company based in Chennai, Tamil Nadu, India, a subsidiary of A.S.Cargo Movers Private Limited. It operates in the cold storage and warehousing services segment of the transport and logistics sector. It was incorporated on 08 November 2006 and has been in existence for over 20 years.

The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U63023TN2006PTC068848. Its GSTIN is 33AAECP3295R1ZS (Tamil Nadu). The company holds 3 GST registrations, of which 2 are active.

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Amar Rahman and Sundararajan Seshadri.

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 Chennai, Tamil Nadu.

As per the financials filed for FY 2024, the company reported a revenue of ₹6 Cr, a decline of 6% compared to the previous year. For the same year it recorded a net profit of ₹12.06 Lakh (net margin 2%) and EBITDA of ₹38.57 Lakh (EBITDA margin 6.4%). Revenue has declined at a compounded annual rate (CAGR) of 4% over three years and 5% over five years.

As per MCA filings, the company has open charges of ₹2 Cr and satisfied charges of ₹185.62 Cr on record.

Punit Reach Logistics Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0121864). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website asgroup.co.in.

Company details

CIN U63023TN2006PTC068848
Registration Number 068848
Incorporation Date 08 November 2006
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Parent Company A.S.Cargo Movers Private Limited
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-TN-02-0121864

CIN history

Punit Reach Logistics has one previous CIN (Corporate Identification Number): U63023KA2006PTC040885. The current CIN is U63023TN2006PTC068848, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U63023TN2006PTC068848Current
U63023KA2006PTC040885Previous

Recognitions & Rankings of Punit Reach Logistics

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-TN-02-0121864

Contact details

Punit Reach Logistics Private Limited's registered office is in Chennai, Tamil Nadu. Its website is asgroup.co.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    New No 173 Old No 103 9th Floor Block – B Navin'S Presidium Nelson Manickam Road A, Minjikarai, Chennai, Tamil Nadu, India – 600029
  • Industry
    Transport and Logistics, Cold Storage & Warehousing Services

To see the full contact details of Punit Reach Logistics Private Limited, buy the company report.

Comprehensive company report
Punit Reach Logistics Private Limited - one report that includes everything
  • 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
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Business activity

The main business activity of Punit Reach Logistics is transport and storage. In detail, this covers land transport via road.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
HTransport and storageH1Land Transport via Road

To see the full business activity and turnover split of Punit Reach Logistics Private Limited, buy the company report.

Financials of Punit Reach Logistics Private Limited

FY 2024 filings available

Punit Reach Logistics Private Limited reported revenue of ₹6 Cr (down 6% YoY) for FY 2024.

Revenue · FY 2024
₹6 Cr ▼ 6%
Net profit · FY 2024
₹12.06 Lakh margin 2%
EBITDA · FY 2024
₹38.57 Lakh margin 6.4%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 6%
3 years · compounded
▲ 4%
5 years · compounded
▼ 5%
EBITDA CAGR growth
1 year
▲ 5%
3 years · compounded
▲ 42%
5 years · compounded
▲ 4%

Revenue has declined at a compounded annual rate (CAGR) of 5% over five years, including a 6% fall in the latest year. EBITDA rose 5% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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₹38.57 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹12.06 Lakh
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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin6.4%
Net Profit Margin2%
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 Punit Reach Logistics Private Limited, buy the company report.

Board of directors of Punit Reach Logistics Private Limited

Punit Reach Logistics has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors

Auditor

Punit Reach Logistics Private Limited is audited by M L NATRAJAN ASSOCIATES for the financial year 2023.

Auditor firmFinancial yearFirm registration number
M L NATRAJAN ASSOCIATESFY 2023002441S

Shareholding

The shareholding of Punit Reach Logistics Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Public
Others

To see the full shareholding pattern of Punit Reach Logistics Private Limited, buy the company report.

Charges & borrowings

Open charges
₹2 Cr
Satisfied charges
₹185.62 Cr
Breakdown by lending institutions
Others₹2.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
15 Sep 2022100608918Others₹2 CrOpen
28 Mar 201310421933Bank of Baroda₹93.84 CrSatisfied
22 Nov 200710094645Bank of India₹91.78 CrSatisfied

To see the full charge records of Punit Reach Logistics Private Limited, buy the company report.

Total charge records: 3 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Punit Reach Logistics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Punit Reach Logistics has 3 GST registrations: 2 active and 1 cancelled or inactive.

Total GSTINs
3
Active
2
Cancelled / inactive
1
GSTINStateStatusRegistered on
33AAECP3295R1ZSTamil NaduActive01 Jul 2017
29AAECP3295R1ZHKarnatakaActive01 Jul 2017

To see the full GST registrations and return filing status of Punit Reach Logistics Private Limited, buy the company report.

Recent activity

Punit Reach Logistics Private Limited has 11 board changes on record since 2007: 7 appointments and 4 cessations. The latest: Krishnan Durai ceased to be Director on 04 Feb 2022.

AGM
Punit Reach Logistics Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Punit Reach Logistics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
Charges
A charge with Others of Rs. 200.00 Lakh registered on 15 Sep 2022 with Charge ID 100608918 was modified on 07 Aug 2023.
Charges
A charge with Others amounted to Rs. 200.00 Lakh with Charge ID 100608918 was registered on 15 Sep 2022.
Ceased
Krishnan Durai ceased to be Director.
Ceased
Prasanta Kumar Acharya ceased to be Director.
Ceased
Shahana Rahman ceased to be Director.
Appointed
Pathanjaleeswaran Srikkanth was appointed as Director.
Appointed
Sundararajan Seshadri was appointed as Director.
Appointed
Krishnan Durai was appointed as Director.
Appointed
Prasanta Kumar Acharya was appointed as Director.
Ceased
Karthik Azhagappan ceased to be Director.

9 earlier events are in the company report.

Frequently asked questions

Punit Reach Logistics is an active private limited company based in Chennai, Tamil Nadu, India. The company works in cold storage and warehousing services, within the transport and logistics industry. It was incorporated on 08 November 2006 (20+ years old) and is registered under CIN U63023TN2006PTC068848.

Punit Reach Logistics has 3 current directors:

The latest financial statements of Punit Reach Logistics 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 Punit Reach Logistics is 33AAECP3295R1ZS, registered in Tamil Nadu. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 29AAECP3295R1ZH (Karnataka).

The CIN (Corporate Identification Number) of Punit Reach Logistics is U63023TN2006PTC068848. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Punit Reach Logistics was incorporated on 08 November 2006, making it 20+ years old. It is registered with the Registrar of Companies, Chennai.

Krishnan Durai ceased to be Director on 04 Feb 2022. Prasanta Kumar Acharya ceased to be Director on 04 Feb 2022. Shahana Rahman ceased to be Director on 27 Jan 2022. Punit Reach Logistics has 11 board changes on record in total.

Yes, Punit Reach Logistics is registered as a small enterprise under Udyam registration (number: UDYAM-TN-02-0121864).

Punit Reach Logistics can be reached through the website asgroup.co.in. Its registered office is in Chennai, Tamil Nadu, India.

The registered office of Punit Reach Logistics is at New No 173 Old No 103 9th Floor Block – B NavinS Presidium Nelson Manickam Road A, Minjikarai, Chennai, Tamil Nadu, India – 600029.