Ritish Cargo Private Limited
About Ritish Cargo Private Limited
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Ritish Cargo Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the air cargo services and logistics segment of the transport and logistics sector. It was incorporated on 14 September 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1995PTC072437. Its GSTIN is 07AAACR7546R1ZN (Delhi).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹17.15 Lakh. It is led by directors Kiran Chhabra and Vijay Chhabra.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at 2360 Hudson Lane Kingsway Camp, New Delhi, Delhi, India – 110009.
As per the financials filed for FY 2018, the company reported a revenue of ₹1.82 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹3.62 Lakh (net margin 2%) and EBITDA of ₹9.25 Lakh (EBITDA margin 5.1%). Revenue has grown at a compounded annual rate (CAGR) of 83% over three years.
As per MCA filings, the company has open charges of ₹65 Lakh and satisfied charges of ₹1.55 Cr on record. Court records list 9 cases involving the company, including 2 filed by the company and 7 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Ritish Cargo Private Limited's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address2360 Hudson Lane Kingsway Camp, New Delhi, Delhi, India – 110009
- IndustryTransport and Logistics, Air Cargo Services & Logistics
To see the full contact details of Ritish Cargo 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 Ritish Cargo is support service to organizations. In detail, this covers other support services to organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Ritish Cargo Private Limited, buy the company report.
Financials of Ritish Cargo Private Limited
FY 2018 filings availableRitish Cargo Private Limited reported revenue of ₹1.82 Cr (up 652% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 83% over three years, including 652% growth in the latest year. EBITDA rose 30% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ₹1.82 Cr | |||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹9.25 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹3.62 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
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 5.1% | |||
| Net Profit Margin | 2% | |||
| 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 Ritish Cargo Private Limited, buy the company report.
Board of directors of Ritish Cargo Private Limited
Ritish Cargo has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kiran Chhabra | Director | 22 Jun 2007 | 19 Years 4 Months | Current |
| Vijay Chhabra | Director | 14 Sep 1995 | 31 Years 1 Months | Current |
Auditor
Ritish Cargo Private Limited is audited by SUNIL JAIN & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SUNIL JAIN & CO | FY 2018 | 003855N |
Shareholding
The shareholding of Ritish Cargo Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Ritish Cargo Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 May 2013 | 10428295 | Canara Bank | ₹65 Lakh | Open | |
| 07 Jan 2012 | 10330552 | Canara Bank | ₹25 Lakh | Satisfied | |
| 24 Oct 2005 | 80064387 | Syndicate Bank | ₹25 Lakh | Satisfied | |
| 20 Jul 2005 | 90059201 | Syndicate Bank | ₹1.05 Cr | Satisfied |
To see the full charge records of Ritish Cargo Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Ritish Cargo Private Limited has 9 court cases on record: 2 filed by Ritish Cargo, 7 filed against it. 1 case is pending and 8 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 6 | 1 |
| High courts | 2 | 1 | 0 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, North, Delhi | Court case (CS (COMM.)) | Filed against the company by Greenland Finance and Leasing Pvt Ltd | Pending |
| District court, South, Delhi | Criminal case | Filed against the company by M/S Leadedge Logistics Pvt Ltd | Disposed |
| District court, South East, Delhi | Criminal case | Filed against the company by Vin Cargo Pvt Ltd | Disposed |
| District court, North West, Delhi | Court case (CS (COMM.)) | Filed against the company by Canara Bank | Disposed |
| District court, New Delhi, Delhi | Civil suit | Filed against the company by Ms Unified Freight Services | Disposed |
To see the full case history of Ritish Cargo Private 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 Ritish Cargo Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ritish Cargo has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAACR7546R1ZN | Delhi | Active | 14 Jul 2017 |
To see the full GST registrations and return filing status of Ritish Cargo Private Limited, buy the company report.
Recent activity
Ritish Cargo Private Limited has 2 board changes on record since 1995: 2 appointments. The latest: Kiran Chhabra was appointed as Director on 22 Jun 2007.
2 earlier events are in the company report.
Frequently asked questions
Ritish Cargo is an active private limited company based in New Delhi, Delhi, India. The company works in air cargo services and logistics, within the transport and logistics industry. It was incorporated on 14 September 1995 (31+ years old) and is registered under CIN U74899DL1995PTC072437.
Ritish Cargo has 2 current directors:
- Kiran Chhabra - Director
- Vijay Chhabra - Director
The latest financial statements of Ritish Cargo on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
The GSTIN of Ritish Cargo is 07AAACR7546R1ZN, registered in Delhi.
The CIN (Corporate Identification Number) of Ritish Cargo is U74899DL1995PTC072437. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ritish Cargo has 9 court cases on record: 2 filed by the company and 7 filed against it. 1 is pending. Most are in the district courts.
Ritish Cargo was incorporated on 14 September 1995, making it 31+ years old. It is registered with the Registrar of Companies, Delhi.
Kiran Chhabra was appointed as Director on 22 Jun 2007. Vijay Chhabra was appointed as Director on 14 Sep 1995.
The registered office of Ritish Cargo is at 2360 Hudson Lane Kingsway Camp, New Delhi, Delhi, India – 110009.
Ritish Cargo operates in the transport and logistics industry, in the air cargo services and logistics segment.