
About Rapid Fleet Management Services Limited
Data last updated:
Rapid Fleet Management Services Limited is a public limited company based in Chennai, Tamil Nadu, India. It operates in the integrated logistics and supply chain solutions segment of the transport and logistics sector. It was incorporated on 26 December 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN L60232TN2017PLC120205. Its GSTIN is 33AAICR6870L1ZV (Tamil Nadu). The company holds 3 GST registrations, all of them active. It is a listed company.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹7.43 Cr. It is led by directors including Anandpoddar (Managing Director) and Varun Kaushik.
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 New No.9 Old No.5 Coral Merchant Street, Chennai, Tamil Nadu, India – 600001.
As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹204.35 Cr, a growth of 18.5% compared to the previous year. For the same year it recorded a net profit of ₹12.5 Cr (net margin 6.1%) and EBITDA of ₹26.87 Cr (EBITDA margin 13.1%). The net worth stands at ₹81.59 Cr (up 18% YoY). Total assets are valued at ₹99.33 Cr (up 5.3% YoY).
The company has about 52 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Rapid Fleet Management. As per MCA filings, the company has open charges of ₹41.92 Cr and satisfied charges of ₹24.91 Cr on record. Court records list 7 cases involving the company, including 1 filed by the company and 5 filed against it; 4 cases are pending. The company has 6 deals on record (3 secondary share transfers, 1 rights issue, 1 ipo), with disclosed funding of ₹1.8 Cr; the latest was in March 2025. Its 10 peer companies in the Transport and Logistics industry (Road Carriers and Trucking) are compared by revenue, 5 larger and 5 smaller; the largest is Vayudoot Road Carriers Private Limited with revenue of ₹185.58 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website rapidfleet.in.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressNew No.9 Old No.5 Coral Merchant Street, Chennai, Tamil Nadu, India – 600001
- 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 Rapid Fleet Management Services Limited
The main business activity of Rapid Fleet Management 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 Rapid Fleet Management Services Limited FY 2025-26 filings available
Rapid Fleet Management Services Limited reported revenue of ₹204.35 Cr (up 18.5% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · StandaloneRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Income statement | |||||
| Revenue | 204 | 172 | 116 | 106 | 114 |
| Revenue growth | +18.5% | +49.2% | +9.5% | -7.2% | - |
| EBITDA | 26.87 | 20.36 | 17.09 | 12.14 | 8.73 |
| EBITDA margin | +13.2% | +11.8% | +14.8% | +11.5% | +7.7% |
| Profit before tax | 16.69 | 13.55 | 10.99 | 6.33 | 4.59 |
| Net profit | 12.50 | 10.24 | 8.17 | 4.78 | 3.39 |
| Net profit margin | +6.1% | +5.9% | +7.1% | +4.5% | +3.0% |
| EPS (₹) | 16.77 | 13.83 | 807.19 | 471.34 | 339.59 |
| Balance sheet | |||||
| Total assets | 99.33 | 94.36 | 35.38 | 28.07 | 34.96 |
| Net worth | 81.59 | 69.13 | 20.15 | 12.08 | 7.41 |
| Total debt | 17.40 | 24.88 | 14.93 | 15.79 | 27.43 |
| Cash & bank | 15.20 | 40.52 | 5.62 | 10.64 | 20.75 |
| Net working capital | 48.58 | 59.07 | 5.21 | 2.22 | 8.93 |
| Cash flow | |||||
| Cash from operations | 7.81 | 0.92 | 6.47 | 7.43 | 24.39 |
| Cash from investing | (23.83) | (12.23) | (5.75) | (4.39) | (17.74) |
| Cash from financing | (9.35) | 46.18 | (2.04) | (13.14) | 8.07 |
Financial Statements
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Revenue | 204 | 172 | 116 | 106 | 114 |
| Revenue growth | +18.5% | +49.2% | +9.5% | -7.2% | - |
| Other income | 1.55 | 3.26 | 0.74 | 0.50 | 0.32 |
| Total expenses | 177 | 152 | 98.50 | 93.38 | 105 |
| Employee cost | 0.00 | 2.83 | 1.98 | 1.60 | 1.36 |
| EBITDA | 26.87 | 20.36 | 17.09 | 12.14 | 8.73 |
| EBITDA margin | +13.2% | +11.8% | +14.8% | +11.5% | +7.7% |
| Depreciation | 9.89 | 7.58 | 5.54 | 4.85 | 3.17 |
| Interest | 1.84 | 2.49 | 1.30 | 1.46 | 1.29 |
| Profit before tax | 16.69 | 13.55 | 10.99 | 6.33 | 4.59 |
| Tax | 4.21 | 3.28 | 2.92 | 1.62 | 1.20 |
| Net profit | 12.50 | 10.24 | 8.17 | 4.78 | 3.39 |
| Net profit margin | +6.1% | +5.9% | +7.1% | +4.5% | +3.0% |
| EPS (₹) | 16.77 | 13.83 | 807.19 | 471.34 | 339.59 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Equity & liabilities | |||||
| Share capital | 7.43 | 7.43 | 0.10 | 0.10 | 0.10 |
| Reserves & surplus | 74.16 | 61.70 | 20.05 | 11.98 | 7.31 |
| Shareholders' funds (net worth) | 81.59 | 69.13 | 20.15 | 12.08 | 7.41 |
| Secured loans | 17.40 | 24.88 | 14.93 | 15.70 | 22.07 |
| Unsecured loans | 0.00 | 0.00 | 0.00 | 0.09 | 5.36 |
| Total debt | 17.40 | 24.88 | 14.93 | 15.79 | 27.43 |
| Total liabilities | 99.33 | 94.36 | 35.38 | 28.07 | 34.96 |
| Assets | |||||
| Gross block | 85.76 | 61.45 | 44.22 | 36.05 | 32.74 |
| Net block | 51.02 | 36.38 | 26.73 | 24.03 | 25.57 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 4.70 | 2.90 | 1.40 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sundry debtors | 60.13 | 33.81 | 28.36 | 27.30 | 25.63 |
| Cash & bank balances | 15.20 | 40.52 | 5.62 | 10.64 | 20.75 |
| Loans & advances | 4.86 | 8.38 | 5.04 | 6.61 | 1.77 |
| Total current assets | 80.19 | 82.71 | 39.02 | 44.55 | 48.15 |
| Total current liabilities | 31.61 | 23.64 | 33.81 | 42.33 | 39.22 |
| Net working capital | 48.58 | 59.07 | 5.21 | 2.22 | 8.93 |
| Total assets | 99.33 | 94.36 | 35.38 | 28.07 | 34.96 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Opening cash | 40.08 | 5.20 | 6.52 | 20.75 | 6.03 |
| Net cash from operating activities | 7.81 | 0.92 | 6.47 | 7.43 | 24.39 |
| Net cash from investing activities | (23.83) | (12.23) | (5.75) | (4.39) | (17.74) |
| Net cash from financing activities | (9.35) | 46.18 | (2.04) | (13.14) | 8.07 |
| Net change in cash | (25.37) | 34.87 | (1.32) | (10.11) | 14.72 |
| Closing cash | 15.20 | 40.52 | 5.62 | 10.64 | 20.75 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Growth | |||||
| Sales growth | +18.5% | +49.2% | +9.5% | -7.2% | - |
| EBITDA growth | +32.0% | +19.1% | +40.8% | +39.1% | - |
| PBT growth | +23.2% | +23.3% | +73.6% | +37.9% | +9997.0% |
| Net income growth | +22.1% | +25.3% | +70.9% | +41.0% | - |
| Revenue CAGR (3Y) | +24.7% | +14.9% | - | - | - |
| EBITDA CAGR (3Y) | +30.3% | +32.6% | - | - | - |
| Profitability & leverage | |||||
| Net income margin | +6.1% | +6.0% | +7.0% | +4.5% | +3.0% |
| Return on capital employed | - | +24.7% | +38.7% | +24.7% | +16.9% |
| Return on net worth | - | +23.0% | +50.1% | +48.3% | +45.9% |
| Debt / equity | - | 0.45 | 0.95 | 2.22 | 3.70 |
| Long-term debt / equity | - | 0.30 | 0.95 | 1.94 | 2.98 |
| Interest cover | 10.84 | 19.48 | 11.26 | 20.03 | 23.20 |
| Efficiency & per share | |||||
| Fixed asset turnover | - | 3.26 | 2.88 | 3.07 | 3.47 |
| Inventory turnover | - | 0.00 | 0.00 | 0.00 | 0.00 |
| Debtors turnover | - | 5.55 | 4.15 | 3.99 | 4.44 |
| EPS (₹) | 16.77 | 13.83 | 807.19 | 471.34 | 339.59 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 0.00 | 92.99 | 2,015.02 | 1,207.79 | 741.45 |
Peer Comparison of Rapid Fleet Management Services Limited
Rapid Fleet Management Services Limited is compared with the companies closest to it by revenue in the Transport and Logistics industry (Road Carriers and Trucking). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Rapid Fleet Management Services Limited this company | ₹204.35 Cr (FY 2026) | •••• | •••• | 18.5% | •••• | Chennai, Tamil Nadu, India |
| Vayudoot Road Carriers Private Limited | ₹185.58 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Pune, Maharashtra, India |
| Akankshit Resources Private Limited | ₹183.24 Cr (FY 2025) | •••• | •••• | 38.0% | •••• | Saheednagar, Odisha, India |
| Tci Hi-Ways Private Limited | ₹183.08 Cr (FY 2025) | •••• | •••• | -3.0% | •••• | Hyderabad, Telangana, India |
| Shree Balaji Transolutions Private Limited | ₹180.27 Cr (FY 2025) | •••• | •••• | 15.0% | •••• | New Delhi, Delhi, India |
| Suraj Freight Carrier Private Limited | ₹179.9 Cr (FY 2025) | •••• | •••• | 24.0% | •••• | New Delhi, Delhi, India |
| Reetu Roadlines Private Limited | ₹174.88 Cr (FY 2025) | •••• | •••• | 19.0% | •••• | Mumbai, Maharashtra, India |
| Goel Road Carriers Private Limited | ₹165.81 Cr (FY 2025) | •••• | •••• | -5.0% | •••• | Delhi, India |
| SBM Traansport Applications Private Limited | ₹161.51 Cr (FY 2024) | •••• | •••• | 302.0% | •••• | Chennai, Tamil Nadu, India |
| Perfect Express Movers Private Limited | ₹157.85 Cr (FY 2018) | •••• | •••• | 65.0% | •••• | Mumbai, Maharashtra, India |
| Sri Aditya Logistics Private Limited | ₹154.75 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | Bhubaneswar, Odisha, India |
Peers are the five companies nearest above and the five nearest below Rapid Fleet Management Services by revenue in the Transport and Logistics industry (Road Carriers and Trucking), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Rapid Fleet Management Services Limited
Rapid Fleet Management Services has 5 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Varun Kaushik | Director | 19 Sep 2023 | 3 Years 0 Months | Current |
| Akash Poddar | Director | 29 Jan 2024 | 2 Years 8 Months | Current |
| Shruti Poddar Also directs: Saivision Transport Private Limited, SLB Logistics Private Limited | Director | 26 Dec 2017 | 8 Years 9 Months | Current |
| Anandpoddar | Managing Director | 12 Feb 2019 | 7 Years 7 Months | Current |
| Joseph Benoy | Additional Director | 21 May 2026 | 0 Years 4 Months | Current |
Charges & Borrowings of Rapid Fleet Management Services Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 19 May 2026 | Others | ₹68.8 Lakh | Open |
| 21 Apr 2026 | Others | ₹2.52 Cr | Open |
| 30 Dec 2025 | Others | ₹1.25 Cr | Open |
| 02 Apr 2025 | Others | ₹10 Cr | Open |
| 24 Feb 2025 | Others | ₹49.44 Lakh | Open |
Total charge records: 40 View all charges
Deals & Funding of Rapid Fleet Management Services Limited
Rapid Fleet Management Services Limited has 6 deals on record (3 secondary share transfers, 1 rights issue, 1 ipo), with disclosed funding of ₹1.8 Cr; the latest was in March 2025.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2025 | IPO | ₹43.87 Cr | Investors: IPO Shareholders - Rapid Fleet Management Services Limited, Zeta Global Funds (Oeic) Pcc Limited, Innovative Vision Fund |
| Jul 2024 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: an individual |
| Jun 2024 | Funding round | ₹1.8 Cr | Investors: 4 individuals |
| Mar 2024 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| May 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Full deal history
All 6 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Rapid Fleet Management Services Limited
Rapid Fleet Management Services Limited has 7 court cases on record: 1 filed by Rapid Fleet Management Services, 5 filed against it, 1 where it is another party. 4 cases are pending and 3 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 5 | 4 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Tiruchirappalli, Tamil Nadu | Motor accident claim | Filed against the company by an individual | Pending |
| District court, Tiruvallur, Tamil Nadu | Motor accident claim | Filed against the company by an individual | Pending |
| District court, KALABURAGI, Karnataka | Motor accident claim | Filed against the company by an individual | Pending |
| District court, Solapur, Maharashtra | Court case (MACP. M.A.) | Company is another party | Pending |
| District court, VIJAYAPURA, Karnataka | Motor accident claim | Filed against the company by an individual | Disposed |
Full case history
All 7 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.
Associated Brands with Rapid Fleet Management Services Limited
Rapid Fleet Management Services operates one associated brand: Rapid Fleet Management. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Truck transportation and supply chain services are provided. | rapidfleet.in |
Employees and EPFO Compliance at Rapid Fleet Management Services Limited
Employment history and EPFO contributions of people linked to Rapid Fleet Management Services.
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.
CIN History of Rapid Fleet Management Services Limited
Rapid Fleet Management Services has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L60232TN2017PLC120205, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L60232TN2017PLC120205 | Current |
| U60232TN2017PLC120205 | Previous |
| U60232TN2017PTC120205 | Previous |
Recent Activity on Rapid Fleet Management Services Limited
Rapid Fleet Management Services Limited has 9 board changes on record since 2017: 6 appointments and 3 cessations. The latest: Joseph Benoy was appointed as Additional Director on 21 May 2026.
61 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Rapid Fleet Management Services 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 Rapid Fleet Management Services 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 Rapid Fleet Management Services 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 Rapid Fleet Management Services Limited
Rapid Fleet Management Services has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAICR6870L1ZV | Tamil Nadu | Active | 23 Feb 2018 |
| 19AAICR6870L1ZL | West Bengal | Active | 14 Dec 2023 |
| 32AAICR6870L1ZX | Kerala | Active | 22 Dec 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 Rapid Fleet Management Services 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 Rapid Fleet Management Services Limited
Rapid Fleet Management Services is an active public limited company based in Chennai, Tamil Nadu, India. The company works in integrated and diversified logistics services, within the transport and logistics industry. It was incorporated on 26 December 2017 (9+ years old) and is registered under CIN L60232TN2017PLC120205.
Rapid Fleet Management Services reported revenue of ₹204.35 Cr for FY 2025-26 (up 18.5% YoY) based on standalone financials.
Rapid Fleet Management Services has 5 current directors:
- Anandpoddar - Managing Director
- Varun Kaushik - Director
- Akash Poddar - Director
- Shruti Poddar - Director
- Joseph Benoy - Additional Director
The GSTIN of Rapid Fleet Management Services is 33AAICR6870L1ZV, registered in Tamil Nadu. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 19AAICR6870L1ZL (West Bengal), 32AAICR6870L1ZX (Kerala).
The CIN (Corporate Identification Number) of Rapid Fleet Management Services is L60232TN2017PLC120205. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes, Rapid Fleet Management Services is a listed company.
Rapid Fleet Management Services has 7 court cases on record: 1 filed by the company and 5 filed against it. 4 are pending.
Rapid Fleet Management Services was incorporated on 26 December 2017, making it 9+ years old. It is registered with the Registrar of Companies, Chennai.
Rapid Fleet Management Services has 6 deals on record (3 secondary share transfers, 1 rights issue, 1 ipo), with disclosed funding of ₹1.8 Cr; the latest was in March 2025.
The peers of Rapid Fleet Management Services by revenue are Vayudoot Road Carriers Private Limited, Akankshit Resources Private Limited, Tci Hi-Ways Private Limited, Shree Balaji Transolutions Private Limited, Suraj Freight Carrier Private Limited and 5 more, all in the Transport and Logistics industry (Road Carriers and Trucking).
Joseph Benoy was appointed as Additional Director on 21 May 2026. Akash Poddar was appointed as Director on 29 Jan 2024. Rupesh Kothari was appointed as Director on 19 Sep 2023. Rapid Fleet Management Services has 9 board changes on record in total.