Reliable Carriers Private Limited

Reliable Carriers Private Limited - transport and logistics in Bhopal, Madhya Pradesh, India. FY 2026 financials & compliance.
CIN U63011MP1978PTC001486 Incorporated 27 November 1978 ROC Gwalior HQ Bhopal, Madhya Pradesh, India
Active Private Limited Company transport and logistics MSME · Small
Data last updated
Revenue · FY 2024
₹24.18 Cr
▼ 2% YoY
Net loss · FY 2024
₹26.92 Lakh
Net margin -1.1%
EBITDA · FY 2024
₹1.7 Cr
EBITDA margin 7%
Authorised capital
₹25 Lakh
Registered with MCA
Paid-up capital
₹20 Lakh
Issued & subscribed
Open charges
₹10.11 Cr
Satisfied ₹6.87 Cr
Company age
48 yrs
Est. 1978
Employees · EPFO
35
Provident fund records

About Reliable Carriers Private Limited

Data last updated:

Reliable Carriers Private Limited is a private limited company based in Bhopal, Madhya Pradesh, India, a subsidiary of Re;Liable Global Venture Private Limited. It operates in the carriers services segment of the transport and logistics sector. It was incorporated on 27 November 1978 and has been in existence for over 48 years.

The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U63011MP1978PTC001486. Its GSTIN is 23AAACR6718D1ZQ (Madhya Pradesh). The company holds 6 GST registrations, of which 4 are active.

The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹20 Lakh. It is led by directors Ranjay Krishan Dawar and Panchena Gopinath.

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 Reliable House A 6 Koh – E – Fiza Indore Road, Bhopal, Madhya Pradesh, India – 462001.

As per the financials filed for FY 2024, the company reported a revenue of ₹24.18 Cr, a decline of 2% compared to the previous year. For the same year it recorded a net loss of ₹26.92 Lakh (net margin -1.1%) and EBITDA of ₹1.7 Cr (EBITDA margin 7%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 8% over five years.

The company has about 35 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹10.11 Cr and satisfied charges of ₹6.87 Cr on record. Court records list 32 cases involving the company, including 13 filed by the company and 19 filed against it; 4 cases are pending.

Reliable Carriers Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MP-10-0006751). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U63011MP1978PTC001486
Registration Number 001486
Incorporation Date 27 November 1978
ROC Gwalior
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Re;Liable Global Venture Private Limited
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MP-10-0006751
Key People
Ranjay Krishan Dawar Director Panchena Gopinath Director

Recognitions & Rankings of Reliable Carriers

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-MP-10-0006751

Contact details

Reliable Carriers Private Limited's registered office is in Bhopal, Madhya Pradesh. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Reliable House A 6 Koh – E – Fiza Indore Road, Bhopal, Madhya Pradesh, India – 462001
  • Industry
    Transport and Logistics, Carriers Services

To see the full contact details of Reliable Carriers Private Limited, buy the company report.

Comprehensive company report
Reliable Carriers 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 Reliable Carriers 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 Reliable Carriers Private Limited, buy the company report.

Financials of Reliable Carriers Private Limited

FY 2025 filings available

Reliable Carriers Private Limited reported revenue of ₹24.18 Cr (down 2% YoY) for FY 2024.

Revenue · FY 2024
₹24.18 Cr ▼ 2%
Net loss · FY 2024
₹26.92 Lakh margin -1.1%
EBITDA · FY 2024
₹1.7 Cr margin 7%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 2%
3 years · compounded
▲ 6%
5 years · compounded
▲ 8%
EBITDA CAGR growth
1 year
▲ 5%
3 years · compounded
▼ 6%
5 years · compounded
▲ 4%

Revenue fell 2% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 8%. 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₹1.7 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹26.92 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 Margin7%
Net Profit Margin-1.1%
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 Reliable Carriers Private Limited, buy the company report.

Board of directors of Reliable Carriers Private Limited

Reliable Carriers has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Ranjay Krishan DawarDirector01 Jul 200620 Years 4 MonthsCurrent
Panchena Gopinath
Also directs: Reliable Ventures India Limited, Western Tobacco Limited, Reliable Cigarette and Tobacco Industries Private Limited and 5 more
Director13 Feb 200917 Years 8 MonthsCurrent
View all directors

Auditor

Reliable Carriers Private Limited is audited by ANIL KAMAL GARG & COMPANY for the financial year 2022.

Auditor firmFinancial yearFirm registration number
ANIL KAMAL GARG & COMPANYFY 2022078057

Shareholding

The shareholding of Reliable Carriers Private Limited is on record for 5 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2020FY 2019FY 2018FY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Reliable Carriers Private Limited, buy the company report.

Charges & borrowings

Open charges
₹10.11 Cr
Satisfied charges
₹6.87 Cr
Breakdown by lending institutions
Hdfc Bank Limited₹9.06 Cr
Dena Bank₹0.55 Cr
Bank of Baroda₹0.50 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
31 Oct 2025101182050Hdfc Bank Limited₹52.2 LakhOpen
29 Sep 2025101166799Hdfc Bank Limited₹1.36 CrOpen
06 May 2025101095590Hdfc Bank Limited₹1.39 CrOpen
19 Dec 2024101024606Hdfc Bank Limited₹1.1 CrOpen
30 Oct 2024100998827Hdfc Bank Limited₹16.85 LakhOpen

To see the full charge records of Reliable Carriers Private Limited, buy the company report.

Total charge records: 38 View all charges

MSME payment delays

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

Employees & EPFO

Reliable Carriers Private Limited has a workforce of 35 employees on its EPFO records as of Mar 21, 2024, across 1 active EPFO establishment.

Employee count
35
Active EPFO establishments
1
Employee growth
-2.78%

GST

Reliable Carriers has 6 GST registrations: 4 active and 2 cancelled or inactive.

Total GSTINs
6
Active
4
Cancelled / inactive
2
GSTINStateStatusRegistered on
23AAACR6718D1ZQMadhya PradeshActive01 Jul 2017
23AAACR6718D2ZPMadhya PradeshActive01 Jul 2017
23AACCR9384H1Z4Madhya PradeshActive26 Aug 2017
22AAACR6718D1ZSChattisgarhActive01 Jul 2017

To see the full GST registrations and return filing status of Reliable Carriers Private Limited, buy the company report.

Recent activity

Reliable Carriers Private Limited has 10 board changes on record since 2006: 2 appointments and 8 cessations. The latest: Shankarnarayanan Sundaram ceased to be Director on 24 Mar 2018.

Charges
A charge with Hdfc Bank Limited amounted to Rs. 52.20 Lakh with Charge ID 101182050 was registered on 31 Oct 2025.
AGM
Reliable Carriers Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 135.95 Lakh with Charge ID 101166799 was registered on 29 Sep 2025.
Charges
A charge registered on 18 Sep 2021 via Charge ID 100483941 with Hdfc Bank Limited was fully satisfied on 17 Sep 2025.
Charges
A charge registered on 30 Jun 2021 via Charge ID 100465976 with Hdfc Bank Limited was fully satisfied on 11 Sep 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 138.72 Lakh with Charge ID 101095590 was registered on 06 May 2025.
Charges
A charge registered on 15 Mar 2021 via Charge ID 100456489 with Hdfc Bank Limited was fully satisfied on 02 Apr 2025.
Filing
Reliable Carriers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Gwalior.
Charges
A charge registered on 24 Feb 2021 via Charge ID 100433885 with Hdfc Bank Limited was fully satisfied on 01 Mar 2025.
Charges
A charge registered on 19 Feb 2021 via Charge ID 100433573 with Hdfc Bank Limited was fully satisfied on 01 Mar 2025.
Charges
A charge registered on 14 Jan 2020 via Charge ID 100326280 with Hdfc Bank Limited was fully satisfied on 09 Jan 2025.
Charges
A charge registered on 23 Dec 2020 via Charge ID 100405064 with Hdfc Bank Limited was fully satisfied on 21 Dec 2024.

58 earlier events are in the company report.

Frequently asked questions

Reliable Carriers is an active private limited company based in Bhopal, Madhya Pradesh, India. The company works in carriers services, within the transport and logistics industry. It was incorporated on 27 November 1978 (48+ years old) and is registered under CIN U63011MP1978PTC001486.

Reliable Carriers has 2 current directors:

The latest financial statements of Reliable Carriers on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Reliable Carriers is 23AAACR6718D1ZQ, registered in Madhya Pradesh. The company has 6 GST registrations in all, of which 4 are active and 2 are cancelled or inactive. Other active GSTINs include 23AAACR6718D2ZP (Madhya Pradesh), 23AACCR9384H1Z4 (Madhya Pradesh), 22AAACR6718D1ZS (Chattisgarh).

The CIN (Corporate Identification Number) of Reliable Carriers is U63011MP1978PTC001486. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Reliable Carriers has 32 court cases on record: 13 filed by the company and 19 filed against it. 4 are pending. Most are in the district courts.

Reliable Carriers was incorporated on 27 November 1978, making it 48+ years old. It is registered with the Registrar of Companies, Gwalior.

Shankarnarayanan Sundaram ceased to be Director on 24 Mar 2018. Farhan Sikander Khan ceased to be Director on 04 Apr 2015. Rajendra Malpani ceased to be Director on 04 Apr 2015. Reliable Carriers has 10 board changes on record in total.

Yes, Reliable Carriers is registered as a small enterprise under Udyam registration (number: UDYAM-MP-10-0006751).

The registered office of Reliable Carriers is at Reliable House A 6 Koh – E – Fiza Indore Road, Bhopal, Madhya Pradesh, India – 462001.