MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-TN-02-0012718
Market Cap
₹149 Cr
RAPIDFLEET-SM · NSE
Share Price
₹198.00
-1.25% today
Revenue
₹204 Cr
FY 2025-26 · +18.5% YoY
EBITDA
₹26.87 Cr
Margin 13.2%
Net Profit
₹12.50 Cr
FY 2025-26 · +22.1% YoY
P/E (TTM)
11.9x
P/B 1.8x
Authorised capital
₹10 Cr
Registered with MCA
Paid-up capital
₹7.43 Cr
Issued & subscribed
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 as per MCA records. Its shares are listed on NSE: RAPIDFLEET.
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 2026. 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 6 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 5 peer companies in the Transport and Logistics industry (Road Carriers and Trucking), with the same principal business activity (land transport via road) are compared by revenue, 3 larger and 2 smaller; the largest is Vayudoot Road Carriers Private Limited with revenue of ₹185.58 Cr.
Rapid Fleet Management Services Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0012718). 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.
Company details
CIN L60232TN2017PLC120205
Registration Number 120205
Incorporation Date 26 December 2017
ROC Chennai
Listing Status Listed (NSE: RAPIDFLEET)
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-TN-02-0012718
CIN history
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 |
Recognitions & Rankings of Rapid Fleet Management Services
Contact details
Rapid Fleet Management Services Limited's registered office is in Chennai, Tamil Nadu.
- Registered AddressNew No.9 Old No.5 Coral Merchant Street, Chennai, Tamil Nadu, India – 600001
- IndustryTransport and Logistics, Integrated & Diversified Logistics Services
Comprehensive company report
Rapid Fleet Management Services 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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Secure checkout · GST invoice included
Brands
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 |
Business activity
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 | 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 Rapid Fleet Management Services Limited, buy the company report.
Financials of Rapid Fleet Management Services Limited
FY 2025-26 filings availableRapid Fleet Management Services Limited reported revenue of ₹204.35 Cr (up 18.5% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · StandaloneRevenue
₹204 Cr
+18.5% YoY
EBITDA
₹26.87 Cr
+32.0% YoY
Profit After Tax
₹12.50 Cr
+22.1% YoY
Net Worth
₹81.59 Cr
+18.0% YoY
Total Assets
₹99.33 Cr
+5.3% YoY
Total Debt
₹17.40 Cr
-30.1% YoY
Revenue 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
Figures in ₹ Cr; negatives in brackets. Updated 23 Oct 2026
| 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 |
To see the full year-wise statements and ratios of Rapid Fleet Management Services Limited, buy 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.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Varun Kaushik | Director | 19 Sep 2023 | 3 Years 1 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 8 Months | Current |
| Joseph Benoy | Additional Director | 21 May 2026 | 0 Years 5 Months | Current |
Peer comparison
Rapid Fleet Management Services Limited is compared with the 5 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 |
|---|---|---|---|---|---|---|
| Rapid Fleet Management Services Limitedthis company | ₹204.35 Cr (FY 2026) | ₹12.5 Cr | 6.1% | 18.5% | Chennai, Tamil Nadu, India | |
| Vayudoot Road Carriers Private Limited | ₹185.58 Cr (FY 2025) | 2.0% | Pune, Maharashtra, India | |||
| Tci Hi-Ways Private Limited | ₹183.08 Cr (FY 2025) | -3.0% | Hyderabad, Telangana, India | |||
| Suraj Freight Carrier Private Limited | ₹179.9 Cr (FY 2025) | 24.0% | New Delhi, Delhi, India | |||
| Goel Road Carriers Private Limited | ₹165.81 Cr (FY 2025) | -5.0% | Delhi, India | |||
| Sri Aditya Logistics Private Limited | ₹154.75 Cr (FY 2025) | 13.0% | Bhubaneswar, Odisha, India |
To see the full peer comparison of Rapid Fleet Management Services Limited, buy the company report.
Charges & borrowings
Open charges
₹41.92 Cr
Satisfied charges
₹24.91 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 May 2026 | 101307023 | Others | ₹68.8 Lakh | Open | |
| 21 Apr 2026 | 101292608 | Others | ₹2.52 Cr | Open | |
| 30 Dec 2025 | 101211844 | Others | ₹1.25 Cr | Open | |
| 02 Apr 2025 | 101075389 | Others | ₹10 Cr | Open | |
| 24 Feb 2025 | 101051451 | Others | ₹49.44 Lakh | Open |
To see the full charge records of Rapid Fleet Management Services Limited, buy the company report.
Total charge records: 40 View all charges
Deals & funding
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.
Total deals
6
Secondary share transfers
3
Rights issue
1
IPO
1
Funding round
1
Disclosed funding
₹1.8 Cr
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 |
To see the full deal history of Rapid Fleet Management Services Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Rapid Fleet Management Services Limited has 7 court cases on record: 1 filed by Rapid Fleet Management Services, 6 filed against it. 4 cases are pending and 3 are disposed.
Total cases
7
Filed by the company
1
Filed against the company
6
Pending
4
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 6 | 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, Solapur, Maharashtra | Court case (MACP. M.A.) | Filed against the company by State of Maharashtra | Pending |
| District court, KALABURAGI, Karnataka | Motor accident claim | Filed against the company by an individual | Pending |
| District court, VIJAYAPURA, Karnataka | Motor accident claim | Filed against the company by an individual | Disposed |
To see the full case history of Rapid Fleet Management Services 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 Rapid Fleet Management Services Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Rapid Fleet Management Services has 3 GST registrations: 3 active.
Total GSTINs
3
Active
3
| 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 |
To see the full GST registrations and return filing status of Rapid Fleet Management Services Limited, buy the company report.
Recent activity
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.
Appointed
Joseph Benoy was appointed as Additional Director.
Charges
A charge with Others amounted to Rs. 0.69 Cr with Charge ID 101307023 was registered on 19 May 2026.
Charges
A charge with Others amounted to Rs. 2.52 Cr with Charge ID 101292608 was registered on 21 Apr 2026.
Filing
Rapid Fleet Management Services Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Chennai.
Charges
A charge registered on 08 Jul 2022 via Charge ID 100596813 with Others was fully satisfied on 31 Mar 2026.
Charges
A charge registered on 16 Feb 2022 via Charge ID 100541947 with Others was fully satisfied on 31 Mar 2026.
Charges
A charge registered on 23 Jan 2021 via Charge ID 100418448 with Others was fully satisfied on 31 Mar 2026.
Charges
A charge registered on 26 Feb 2022 via Charge ID 100553406 with Hdfc Bank Limited was fully satisfied on 19 Mar 2026.
Charges
A charge registered on 28 Jan 2022 via Charge ID 100530445 with Axis Bank Limited was fully satisfied on 03 Mar 2026.
Charges
A charge registered on 20 Dec 2021 via Charge ID 100520783 with Axis Bank Limited was fully satisfied on 03 Mar 2026.
Charges
A charge registered on 20 Jan 2022 via Charge ID 100534442 with Others was fully satisfied on 10 Feb 2026.
Charges
A charge registered on 06 Jan 2022 via Charge ID 100522626 with Others was fully satisfied on 10 Feb 2026.
61 earlier events are in the company report.
Frequently asked questions
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. Listed on NSE: RAPIDFLEET.
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 latest financial statements of Rapid Fleet Management Services on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2018 are in the company report.
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 as per MCA records. Its shares are listed on NSE (symbol: RAPIDFLEET).
Rapid Fleet Management Services has 7 court cases on record: 1 filed by the company and 6 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, Tci Hi-Ways Private Limited, Suraj Freight Carrier Private Limited, Goel Road Carriers Private Limited, Sri Aditya Logistics Private Limited, all in the Transport and Logistics industry (Road Carriers and Trucking), with the same principal business activity (land transport via road).