MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2023-24)
- Udyam number
- UDYAM-TS-02-0075251
Ride Easy Technologies Limited
Ride Easy Technologies Limited - transport and logistics in Hyderabad, Telangana, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹1.26 Cr
▲ 12% YoY
Net profit · FY 2024
₹1.39 Lakh
Net margin 1.1%
EBITDA · FY 2024
₹51.85 Lakh
EBITDA margin 41.3%
Authorised capital
₹3 Cr
Registered with MCA
Paid-up capital
₹1.47 Cr
Issued & subscribed
Open charges
₹98 Lakh
Secured borrowings
Company age
7 yrs
Est. 2019
Directors on board
3
As per MCA filings
About Ride Easy Technologies Limited
Data last updated:
Ride Easy Technologies Limited is a public limited company based in Hyderabad, Telangana, India. It operates in the ride-hailing services segment of the transport and logistics sector. It was incorporated on 13 June 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U63030TG2019PLC133372. Its GSTIN is 36AAJCR6508E1ZC (Telangana).
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹1.47 Cr. It is led by directors including Yeda Kiran Kumar and Rajshekhar Reddy Mareddy.
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 Hyderabad, Telangana.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.26 Cr, a growth of 12% compared to the previous year. For the same year it recorded a net profit of ₹1.39 Lakh (net margin 1.1%) and EBITDA of ₹51.85 Lakh (EBITDA margin 41.3%).
As per MCA filings, the company has open charges of ₹98 Lakh on record. Court records list 1 case involving the company, including 1 filed by the company.
Ride Easy Technologies Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TS-02-0075251).
Company Details of Ride Easy Technologies Limited
CIN U63030TG2019PLC133372
Registration Number 133372
Incorporation Date 13 June 2019
ROC Hyderabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
MSME Classification Micro
Udyam Registration UDYAM-TS-02-0075251
Recognitions & Rankings of Ride Easy Technologies
Contact Details
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressBuilding No : 8 – 2 – 611/3 Third Floor Flat No :303 Nishaa – Na – Iqbal Building Road No 11 Banj, Ara Hills, Hyderabad, Telangana, India – 500034
- IndustryTransport and Logistics, Ride-Hailing Services
Comprehensive company report
Ride Easy Technologies Limited - one report that includes everything
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Business Activity of Ride Easy Technologies Limited
The main business activity of Ride Easy Technologies 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 |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
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Financials of Ride Easy Technologies Limited FY 2024 filings available
Ride Easy Technologies Limited reported revenue of ₹1.26 Cr (up 12% YoY) for FY 2024.
Revenue · FY 2024
₹1.26 Cr ▲ 12%
Net profit · FY 2024
₹1.39 Lakh margin 1.1%
EBITDA · FY 2024
₹51.85 Lakh margin 41.3%
Compounded Annual Growth Rate (CAGR) of Ride Easy Technologies Limited
Revenue CAGR growth
1 year
▲ 12%
EBITDA CAGR growth
1 year
▲ 62%
3 years · compounded
▲ 58%
Revenue rose 12% in the latest year. EBITDA rose 62% 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 of Ride Easy Technologies Limited
| 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 | ₹51.85 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.39 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 of Ride Easy Technologies Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 41.3% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Ride Easy Technologies are in the company report.
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Financial statements from FY 2020
Earlier years and trend charts are in the company report.
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Board of Directors of Ride Easy Technologies Limited
Ride Easy Technologies has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Yeda Kiran Kumar Also directs: Kug Energy Private Limited, Multi Square Enterprises Private Limited, Axisgreen Global Logistics Private Limited and 5 more | Director | 27 Oct 2022 | 3 Years 11 Months | Current |
| Rajshekhar Reddy Mareddy | Director | 13 Jun 2019 | 7 Years 4 Months | Current |
| Nirmala Mareddy | Director | 13 Jun 2019 | 7 Years 4 Months | Current |
Peer Comparison of Ride Easy Technologies Limited
Ride Easy Technologies Limited is compared with the companies closest to it by revenue in the Transport and Logistics industry (Hotels, Tour and Travel Operators). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Abhishek Buildtech (India) Private Limited | ₹1.26 Cr (FY 2024) | •••• | •••• | -8.0% | •••• | Jaipur, Rajasthan, India |
| Global Events & Travels Private Limited | ₹1.26 Cr (FY 2025) | •••• | •••• | 7.0% | •••• | Sriperumbudur, Tamil Nadu, India |
| Blue Tours Private Limited | ₹1.26 Cr (FY 2025) | •••• | •••• | 278.0% | •••• | New Delhi, Delhi, India |
| Sufi Inn Private Limited | ₹1.26 Cr (FY 2025) | •••• | •••• | 38.0% | •••• | New Delhi, Delhi, India |
| Stonewood Hospitality Private Limited | ₹1.26 Cr (FY 2025) | •••• | •••• | 19.0% | •••• | Baddi, Himachal Pradesh, India |
| Ride Easy Technologies Limited this company | ₹1.26 Cr (FY 2024) | •••• | •••• | 12.0% | •••• | Hyderabad, Telangana, India |
| Heera Invitation Inns and Resorts Private Limited | ₹1.25 Cr (FY 2025) | •••• | •••• | -16.0% | •••• | Mathura, Uttar Pradesh, India |
| Niraamaya Wellness Retreats Private Limited | ₹1.25 Cr (FY 2025) | •••• | •••• | -11.0% | •••• | Bangalore, Karnataka, India |
| Udaysah Enterprises Private Limited | ₹1.25 Cr (FY 2019) | •••• | •••• | 29.0% | •••• | Jaipur, Rajasthan, India |
| Temptation Hospitality Private Limited | ₹1.25 Cr (FY 2025) | •••• | •••• | 87.0% | •••• | Lucknow, Uttar Pradesh, India |
| Siddhidhata Hospitality Private Limited | ₹1.25 Cr (FY 2021) | •••• | •••• | -75.0% | •••• | Naupada Thane, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Ride Easy Technologies by revenue in the Transport and Logistics industry (Hotels, Tour and Travel Operators), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Ride Easy Technologies Limited
Auditor information for Ride Easy Technologies Limited provides details about the firm responsible for auditing the company's financial statements and ensuring compliance with regulatory requirements.
Ownership and Shareholding of Ride Easy Technologies Limited
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
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Verified entity values are shown only after access is granted.
Charges & Borrowings of Ride Easy Technologies Limited
Open charges
₹98 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 01 Feb 2025 | Canara Bank | ₹98 Lakh | Open |
Total charge records: 1 View all charges
Legal Cases of Ride Easy Technologies Limited
Ride Easy Technologies Limited has 1 court case on record: 1 filed by Ride Easy Technologies. All case is disposed. Status as checked on 21 Sep 2026.
Total cases
1
Filed by the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court for State of Telangana | Writ petition | Filed by the company against an individual | Disposed |
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Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
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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.
Employees and EPFO Compliance at Ride Easy Technologies Limited
Employment history and EPFO contributions of people linked to Ride Easy Technologies.
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
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Recent Activity on Ride Easy Technologies Limited
Ride Easy Technologies Limited has 5 board changes on record since 2019: 3 appointments and 2 cessations. The latest: Madhu Seshu Yathirajam ceased to be Director on 28 Oct 2022.
Charges
A charge with Canara Bank amounted to Rs. 0.98 Cr with Charge ID 101041991 was registered on 01 Feb 2025.
AGM
Ride Easy Technologies Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Ride Easy Technologies Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.
Ceased
Madhu Seshu Yathirajam ceased to be Director.
Appointed
Yeda Kiran Kumar was appointed as Director.
Ceased
Bhookya Surendar ceased to be Director.
Appointed
Nirmala Mareddy was appointed as Director.
Appointed
Rajshekhar Reddy Mareddy was appointed as Director.
Incorporation
13 Jun 2019
Ride Easy Technologies Limited was registered on 13 Jun 2019 with Roc Hyderabad & aged 7 years 4 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Ride Easy Technologies Limited
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Credit ratings, litigation, and regulatory alerts
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MSME Payment Delays by Ride Easy Technologies Limited
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Subsidiaries & Group Companies of Ride Easy Technologies Limited
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Corporate group structure
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GST Compliance of Ride Easy Technologies Limited
Ride Easy Technologies has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAJCR6508E1ZC | Telangana | Active | 27 Jun 2019 |
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GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
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MCA Filings & Documents of Ride Easy Technologies Limited
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MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
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Frequently Asked Questions about Ride Easy Technologies Limited
Ride Easy Technologies is an active public limited company based in Hyderabad, Telangana, India. The company works in ride-hailing services, within the transport and logistics industry. It was incorporated on 13 June 2019 (7+ years old) and is registered under CIN U63030TG2019PLC133372.
Ride Easy Technologies reported revenue of ₹1.26 Cr for FY 2024 (up 12% YoY).
Ride Easy Technologies has 3 current directors:
- Yeda Kiran Kumar - Director
- Rajshekhar Reddy Mareddy - Director
- Nirmala Mareddy - Director
Ride Easy Technologies reported a net profit of ₹1.39 Lakh (net margin 1.1%) and EBITDA of ₹51.85 Lakh (EBITDA margin 41.3%) for FY 2024, as per its filed financial statements.
The GSTIN of Ride Easy Technologies is 36AAJCR6508E1ZC, registered in Telangana.
The CIN (Corporate Identification Number) of Ride Easy Technologies is U63030TG2019PLC133372. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ride Easy Technologies has 1 court case on record: 1 filed by the company.
Ride Easy Technologies was incorporated on 13 June 2019, making it 7+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Ride Easy Technologies by revenue are Abhishek Buildtech (India) Private Limited, Global Events & Travels Private Limited, Blue Tours Private Limited, Sufi Inn Private Limited, Stonewood Hospitality Private Limited and 5 more, all in the Transport and Logistics industry (Hotels, Tour and Travel Operators).
Madhu Seshu Yathirajam ceased to be Director on 28 Oct 2022. Yeda Kiran Kumar was appointed as Director on 27 Oct 2022. Bhookya Surendar ceased to be Director on 20 Mar 2020. Ride Easy Technologies has 5 board changes on record in total.
Yes, Ride Easy Technologies is registered as a micro enterprise under Udyam registration (number: UDYAM-TS-02-0075251).