
About Searoute Logistics Private Limited
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Searoute Logistics Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the integrated logistics and supply chain solutions segment of the transport and logistics sector. It was incorporated on 21 August 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U63090MH2003PTC141816. Its GSTIN is 27AAHCS4485K1ZR (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Gerard Michael Noronha and Sunita Michael Noronha.
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 40B George Villa 1st Floor Aram Society Street Vakola Santacruz(E), Mumbai, Maharashtra, India – 400055.
As per the financials filed for FY 2025, the company reported a revenue of ₹7.07 Cr, a decline of 56% compared to the previous year. For the same year it recorded a net loss of ₹82.51 Lakh (net margin -11.7%) and EBITDA of -₹73.97 Lakh (EBITDA margin -10.5%). Revenue has declined at a compounded annual rate (CAGR) of 34% over three years and 11% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website searoutelogistics.com.
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- Registered Address40B George Villa 1st Floor Aram Society Street Vakola Santacruz(E), Mumbai, Maharashtra, India – 400055
- IndustryTransport and Logistics, Integrated & Diversified Logistics Services
- 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 of Searoute Logistics Private Limited
The main business activity of Searoute Logistics is transportation and storage. In detail, this covers water transport.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| H | Transportation and storage | 50 | Water transport | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Searoute Logistics Private Limited FY 2025 filings available
Searoute Logistics Private Limited reported revenue of ₹7.07 Cr (down 56% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Searoute Logistics Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 11% over five years, including a 56% fall 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 Searoute Logistics Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | -₹73.97 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹82.51 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 Searoute Logistics Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -10.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -11.7% | •••• | •••• | •••• | •••• |
| 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 Searoute Logistics are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Searoute Logistics Private Limited
Searoute Logistics Private Limited is compared with the companies closest to it by revenue in the Transport and Logistics industry (Diversified Logistics). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| A C Services Private Limited | ₹7.09 Cr (FY 2024) | •••• | •••• | 1.0% | •••• | New Delhi, Delhi, India |
| Sealand Projects Private Limited | ₹7.07 Cr (FY 2025) | •••• | •••• | 18.0% | •••• | Nagpur, Maharashtra, India |
| Virgo Distriparks Private Limited | ₹7.07 Cr (FY 2025) | •••• | •••• | -11.0% | •••• | Mumbai, Maharashtra, India |
| Total Cargo Solutions Private Limited | ₹7.07 Cr (FY 2025) | •••• | •••• | 77.0% | •••• | New Delhi, Delhi, India |
| Namah Energy Private Limited | ₹7.07 Cr (FY 2024) | •••• | •••• | 6.0% | •••• | Mumbai, Maharashtra, India |
| Searoute Logistics Private Limited this company | ₹7.07 Cr (FY 2025) | •••• | •••• | -56.0% | •••• | Mumbai, Maharashtra, India |
| Hillstone Carriers Private Limited | ₹7.06 Cr (FY 2025) | •••• | •••• | 239.0% | •••• | Tangarpali, Odisha, India |
| Trishna Transport Agency Private Limited | ₹7.06 Cr (FY 2024) | •••• | •••• | 5.0% | •••• | Delhi, India |
| Shri Anandeshwari Homes Private Limited | ₹7.06 Cr (FY 2025) | •••• | •••• | -33.0% | •••• | Bangalore, Karnataka, India |
| Sheevansh Bahudesshiya Private Limited | ₹7.05 Cr (FY 2025) | •••• | •••• | 3488.0% | •••• | Lucknow, Uttar Pradesh, India |
| Khedkar Transport Private Limited | ₹7.05 Cr (FY 2025) | •••• | •••• | 364.0% | •••• | Panvel, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Searoute Logistics by revenue in the Transport and Logistics industry (Diversified Logistics), 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 Searoute Logistics Private Limited
Searoute Logistics Private Limited is audited by RASHMI ZAVERI & CO for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| RASHMI ZAVERI & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Searoute Logistics Private Limited
Searoute 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 |
|---|---|---|---|---|
| Gerard Michael Noronha | Director | 21 Aug 2003 | 23 Years 1 Months | Current |
| Sunita Michael Noronha | Director | 05 Apr 2025 | 1 Years 6 Months | Current |
Ownership and Shareholding of Searoute Logistics Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Searoute Logistics Private Limited
Searoute Logistics Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Searoute Logistics Private Limited
Employment history and EPFO contributions of people linked to Searoute Logistics.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Searoute Logistics Private Limited
Searoute Logistics Private Limited has 5 board changes on record since 2003: 3 appointments and 2 cessations. The latest: Sunita Michael Noronha ceased to be Additional Director on 29 Sep 2025.
Credit Ratings, Litigation & Regulatory Alerts for Searoute Logistics Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Searoute Logistics Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Searoute Logistics Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Searoute Logistics Private Limited
Searoute Logistics has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAHCS4485K1ZR | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Searoute Logistics Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Searoute Logistics Private Limited
Searoute Logistics is an active private limited company based in Mumbai, Maharashtra, India. The company works in integrated and diversified logistics services, within the transport and logistics industry. It was incorporated on 21 August 2003 (23+ years old) and is registered under CIN U63090MH2003PTC141816.
Searoute Logistics reported revenue of ₹7.07 Cr for FY 2025 (down 56% YoY).
Searoute Logistics has 2 current directors:
- Gerard Michael Noronha - Director
- Sunita Michael Noronha - Director
Searoute Logistics reported a net loss of ₹82.51 Lakh (net margin -11.7%) and EBITDA of -₹73.97 Lakh (EBITDA margin -10.5%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Searoute Logistics is -34% over three years and -11% over five years. In the latest year (FY 2025) revenue fell 56%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Searoute Logistics is 27AAHCS4485K1ZR, registered in Maharashtra.
The CIN (Corporate Identification Number) of Searoute Logistics is U63090MH2003PTC141816. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Searoute Logistics was incorporated on 21 August 2003, making it 23+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Searoute Logistics by revenue are A C Services Private Limited, Sealand Projects Private Limited, Virgo Distriparks Private Limited, Total Cargo Solutions Private Limited, Namah Energy Private Limited and 5 more, all in the Transport and Logistics industry (Diversified Logistics).
Sunita Michael Noronha ceased to be Additional Director on 29 Sep 2025. Michael Noronha ceased to be Director on 05 Apr 2025. Sunita Michael Noronha was appointed as Director on 05 Apr 2025. Searoute Logistics has 5 board changes on record in total.
Searoute Logistics can be reached through the website searoutelogistics.com. Its registered office is in Mumbai, Maharashtra, India.