Riolet Logistics Private Limited
About Riolet Logistics Private Limited
Data last updated:
Riolet Logistics Private Limited is a private limited company based in Kochi, Kerala, India. It operates in the land transportation segment of the transportation sector. It was incorporated on 19 June 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U60200KL2015PTC038682. Its GSTIN is 32AAHCR3485N1ZX (Kerala).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Sumesh Sudhakaran Chakkalakal (Managing Director) and Sreelatha.
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 48/1671 5C Deshabhimani Road Elamakkara Kaloor, Kochi, Kerala, India – 682026.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.58 Cr, a decline of 15% compared to the previous year. For the same year it recorded a net profit of ₹70,303 (net margin 0.4%) and EBITDA of ₹3.99 Lakh (EBITDA margin 2.5%). Revenue has declined at a compounded annual rate (CAGR) of 2% over three years and 32% over five years.
The company has about 4 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹12.69 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Riolet Logistics Private Limited's registered office is in Kochi, Kerala. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address48/1671 5C Deshabhimani Road Elamakkara Kaloor, Kochi, Kerala, India – 682026
- IndustryTransportation, Land Transportation
To see the full contact details of Riolet Logistics Private Limited, buy the company report.
- 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
Business activity
The main business activity of Riolet Logistics 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 Riolet Logistics Private Limited, buy the company report.
Financials of Riolet Logistics Private Limited
FY 2024 filings availableRiolet Logistics Private Limited reported revenue of ₹1.58 Cr (down 15% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 32% over five years, including a 15% fall in the latest year. EBITDA fell 23% 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹3.99 Lakh | ||||
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| Net Profit (PAT) | ₹70,303 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 2.5% | ||||
| Net Profit Margin | 0.4% | ||||
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To see the full financial statements and ratios of Riolet Logistics Private Limited, buy the company report.
Board of directors of Riolet Logistics Private Limited
Riolet Logistics has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sumesh Sudhakaran Chakkalakal | Managing Director | 19 Jun 2015 | 11 Years 4 Months | Current |
| Sreelatha | Director | 05 Jul 2019 | 7 Years 3 Months | Current |
Peer comparison
Riolet Logistics Private Limited is compared with the 10 companies closest to it by revenue in 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 |
|---|---|---|---|---|---|---|
| Kingbuild Ventures Private Limited | ₹1.61 Cr (FY 2025) | 53.0% | Bhubaneswar, Odisha, India | |||
| Madanshree Bulk Carrier Private Limited | ₹1.6 Cr (FY 2023) | -55.0% | Indore, Madhya Pradesh, India | |||
| Mewat Transport Private Limited | ₹1.6 Cr (FY 2025) | -27.0% | Delhi, India | |||
| Devendra Road Lines Private Limited | ₹1.59 Cr (FY 2017) | -71.0% | Kota, Rajasthan, India | |||
| Rahul Prime Ispat Private Limited | ₹1.59 Cr (FY 2025) | -19.0% | Jaipur, Rajasthan, India | |||
| Riolet Logistics Private Limitedthis company | ₹1.58 Cr (FY 2024) | ₹70,303 | 0.4% | -15.0% | 4 | Kochi, Kerala, India |
| Agarwal Trucking Private Limited | ₹1.58 Cr (FY 2023) | 33.0% | Delhi, India | |||
| Aravali Cargo Movers Private Limited | ₹1.58 Cr (FY 2025) | -90.0% | Jaipur, Rajasthan, India | |||
| Prag Carriers Private Limited | ₹1.58 Cr (FY 2024) | 25.0% | Ahmedabad, Gujarat, India | |||
| Ayush Highways Private Limited | ₹1.58 Cr (FY 2025) | 17.0% | Patna, Bihar, India | |||
| Gatiparivahan Private Limited | ₹1.58 Cr (FY 2025) | 31.0% | Delhi, India |
To see the full peer comparison of Riolet Logistics Private Limited, buy the company report.
Auditor
Riolet Logistics Private Limited is audited by B. RAGHUNATH for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B. RAGHUNATH | FY 2017 | 025150 |
Shareholding
The shareholding of Riolet Logistics Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Riolet Logistics Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Feb 2022 | 100553654 | Hdfc Bank Limited | ₹6.87 Lakh | Open | |
| 10 Feb 2022 | 100553278 | Hdfc Bank Limited | ₹5.82 Lakh | Open |
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Riolet Logistics Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Riolet Logistics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Riolet Logistics Private Limited has a workforce of 4 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Riolet Logistics has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AAHCR3485N1ZX | Kerala | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Riolet Logistics Private Limited, buy the company report.
Recent activity
Riolet Logistics Private Limited has 4 board changes on record since 2015: 2 appointments and 2 cessations. The latest: Sajith Odukkathara Bhaskaran ceased to be Director on 05 Jul 2019.
Frequently asked questions
Riolet Logistics is an active private limited company based in Kochi, Kerala, India. The company works in land transportation, within the transportation industry. It was incorporated on 19 June 2015 (11+ years old) and is registered under CIN U60200KL2015PTC038682.
Riolet Logistics has 2 current directors:
- Sumesh Sudhakaran Chakkalakal - Managing Director
- Sreelatha - Director
The latest financial statements of Riolet 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 FY 2016 are in the company report.
The GSTIN of Riolet Logistics is 32AAHCR3485N1ZX, registered in Kerala.
The CIN (Corporate Identification Number) of Riolet Logistics is U60200KL2015PTC038682. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Riolet Logistics was incorporated on 19 June 2015, making it 11+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Riolet Logistics by revenue are Kingbuild Ventures Private Limited, Madanshree Bulk Carrier Private Limited, Mewat Transport Private Limited, Devendra Road Lines Private Limited, Rahul Prime Ispat Private Limited and 5 more, all in the same principal business activity (land transport via road).
Sajith Odukkathara Bhaskaran ceased to be Director on 05 Jul 2019. Sreelatha was appointed as Director on 05 Jul 2019. Hareesh Unnikrishnan ceased to be Director on 16 Dec 2016. Riolet Logistics has 4 board changes on record in total.
The registered office of Riolet Logistics is at 481671 5C Deshabhimani Road Elamakkara Kaloor, Kochi, Kerala, India – 682026.
Riolet Logistics operates in the transportation industry, in the land transportation segment.
Riolet Logistics has open charges of ₹12.69 Lakh and no satisfied charges on record as per latest MCA filings.