About Shah Ways Private Limited
Data last updated:
Shah Ways Private Limited is a private limited company based in Visakhapatnam, Andhra Pradesh, India. It operates in the passenger transport segment of the transport and logistics sector. It was incorporated on 27 August 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U60231AP2012PTC082700. Its GSTIN is 37AASCS3319R2ZD (Andhra Pradesh). The company holds 5 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹5.5 Cr and a paid-up capital of ₹5.3 Cr. It is led by directors including Pankaj Mafatlal Shah and Rakesh Mafatlal Shah.
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 Door No.30 – 15 – 78 Main Road Dabagardens, Visakhapatnam, Andhra Pradesh, India – 530020.
As per the financials filed for FY 2025, the company reported a revenue of ₹116.6 Cr, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹3.34 Cr (net margin 2.9%) and EBITDA of ₹7.46 Cr (EBITDA margin 6.4%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 6% over five years.
The company has about 37 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Shahways. As per MCA filings, the company has open charges of ₹42.98 Cr on record. Court records list 23 cases involving the company, including 16 filed by the company and 5 filed against it; 5 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shahways.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressDoor No.30 – 15 – 78 Main Road Dabagardens, Visakhapatnam, Andhra Pradesh, India – 530020
- IndustryTransport and Logistics, Passenger Transport
- 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
- One PDF report, delivered after checkout
Associated Brands with Shah Ways Private Limited
Shah Ways operates one associated brand: Shahways. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Transportation and logistics services across India. | shahways.com |
Business Activity of Shah Ways Private Limited
The main business activity of Shah Ways is transportation and storage. In detail, this covers land transport and transport via pipelines.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| H | Transportation and storage | 49 | Land transport and transport via pipelines | 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.
Auditor Details of Shah Ways Private Limited
Shah Ways Private Limited is audited by SOMAYAJULU & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SOMAYAJULU & ASSOCIATES | 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 Shah Ways Private Limited
Shah Ways has 5 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pankaj Mafatlal Shah | Director | 27 Aug 2012 | 14 Years 1 Months | Current |
| Rakesh Mafatlal Shah Also directs: Navayuga Computech Private Limited | Director | 27 Aug 2012 | 14 Years 1 Months | Current |
| Vikram Shah | Director | 27 Aug 2012 | 14 Years 1 Months | Current |
| Jatin Shah | Director | 18 Apr 2022 | 4 Years 5 Months | Current |
| Jash Pankaj Shah Also directs: Kanishk Builders and Developers LLP | Director | 18 Apr 2022 | 4 Years 5 Months | Current |
Financials of Shah Ways Private Limited FY 2024 filings available
Shah Ways Private Limited reported revenue of ₹116.6 Cr (up 1% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Shah Ways Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 6% over five years, including 1% growth in the latest year. EBITDA fell 11% 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 Shah Ways 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 | ₹7.46 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹3.34 Cr | •••• | •••• | •••• | •••• |
| 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 Shah Ways Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.9% | •••• | •••• | •••• | •••• |
| 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 Shah Ways 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.
Ownership and Shareholding of Shah Ways 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 Shah Ways Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 16 Apr 2025 | Axis Bank Limited | ₹8.16 Cr | Open |
| 23 Dec 2024 | Hdfc Bank Limited | ₹23.38 Lakh | Open |
| 12 May 2023 | Hdfc Bank Limited | ₹25.3 Lakh | Open |
| 19 May 2022 | Hdfc Bank Limited | ₹21 Lakh | Open |
| 28 Feb 2022 | Axis Bank Limited | ₹6.14 Cr | Open |
Total charge records: 11 View all charges
Employees and EPFO Compliance at Shah Ways Private Limited
Shah Ways Private Limited has a workforce of 37 employees as of Apr 08, 2024.
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.
GST Compliance of Shah Ways Private Limited
Shah Ways has 5 GST registrations: 2 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AASCS3319R2ZD | Andhra Pradesh | Active | 30 Mar 2021 |
| 37AASCS3319R3ZC | Andhra Pradesh | Active | 22 Oct 2022 |
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.
Legal Cases of Shah Ways Private Limited
Shah Ways Private Limited has 23 court cases on record: 16 filed by Shah Ways, 5 filed against it, 2 where it is another party. 5 cases are pending and 18 are disposed. Status as checked between 30 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 13 | 5 | 4 |
| High courts | 10 | 0 | 1 |
Cases on record (5 of 23)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Visakapatnam, Andhra Pradesh | Court case (CAOP) | Filed against the company by Hindustan Petroleum Corporation Limited | Disposed |
| High Court of Andhra Pradesh | Arbitration matter | Filed by the company against Hindustan Petroleum Corporation Limited | Disposed |
| District court, Nagpur, Maharashtra | Court case (Spl .Dkst) | Filed by the company against Corporate Ispat Alloys Limited | Disposed |
| Bombay High Court | Company petition | Filed by the company against DBM Geotechnics and Constructions Private Limited | Disposed |
| District court, Visakapatnam, Andhra Pradesh | Civil suit | Filed by the company against Power Mech Projects Limited | Disposed |
Full case history
All 23 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Credit Ratings, Litigation & Regulatory Alerts for Shah Ways 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 Shah Ways 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 Shah Ways 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.
MCA Filings & Documents of Shah Ways 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.
Recent Activity on Shah Ways Private Limited
Frequently Asked Questions about Shah Ways Private Limited
Shah Ways is an active private limited company based in Visakhapatnam, Andhra Pradesh, India. The company works in passenger transport, within the transport and logistics industry. It was incorporated on 27 August 2012 (14+ years old) and is registered under CIN U60231AP2012PTC082700.
Shah Ways reported revenue of ₹116.6 Cr for FY 2025 (up 1% YoY).
Shah Ways has 5 current directors:
- Pankaj Mafatlal Shah - Director
- Rakesh Mafatlal Shah - Director
- Vikram Shah - Director
- Jatin Shah - Director
- Jash Pankaj Shah - Director
Shah Ways reported a net profit of ₹3.34 Cr (net margin 2.9%) and EBITDA of ₹7.46 Cr (EBITDA margin 6.4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Shah Ways is 3% over three years and 6% over five years. In the latest year (FY 2025) revenue rose 1%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Shah Ways is 37AASCS3319R2ZD, registered in Andhra Pradesh. The company has 5 GST registrations in all, of which 2 are active and 3 are cancelled or inactive. Other active GSTINs include 37AASCS3319R3ZC (Andhra Pradesh).
The CIN (Corporate Identification Number) of Shah Ways is U60231AP2012PTC082700. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shah Ways has 23 court cases on record: 16 filed by the company and 5 filed against it. 5 are pending. Most are in the district courts.
Shah Ways was incorporated on 27 August 2012, making it 14+ years old. It is registered with the Registrar of Companies, Vijayawada.