- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-19-0028667

Shilpa Road Lines Private Limited
About Shilpa Road Lines Private Limited
Data last updated:
Shilpa Road Lines Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the carriers services segment of the transport and logistics sector. It was incorporated on 07 January 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U60200MH2000PTC123539. Its GSTIN is 27AAFCS4056G1ZB (Maharashtra).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹87.44 Lakh. It is led by directors Vijaykumar Mahavirprasad Baswatia and Alok Vijay Basawatia.
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 207 Sahakr Bhavan 2nd Fl340/48 Narshinatha Street Katha Bazar Masjid(W), Mumbai, Maharashtra, India – 400009.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.36 Cr, a decline of 3% compared to the previous year. For the same year it recorded a net loss of ₹1.04 Cr (net margin -23.8%) and EBITDA of -₹34.96 Lakh (EBITDA margin -8%). Revenue has declined at a compounded annual rate (CAGR) of 14% over three years and 7% over five years.
As per MCA filings, the company has open charges of ₹8.88 Cr on record. Court records list 8 cases involving the company, including 1 filed by the company and 7 filed against it.
Shilpa Road Lines Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0028667). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Shilpa Road Lines
Contact details
Shilpa Road Lines Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address207 Sahakr Bhavan 2nd Fl340/48 Narshinatha Street Katha Bazar Masjid(W), Mumbai, Maharashtra, India – 400009
- IndustryTransport and Logistics, Carriers Services
To see the full contact details of Shilpa Road Lines 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 Shilpa Road Lines is transportation and storage. In detail, this covers land transport and transport via pipelines.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transportation and storage | 49 | Land transport and transport via pipelines |
To see the full business activity and turnover split of Shilpa Road Lines Private Limited, buy the company report.
Financials of Shilpa Road Lines Private Limited
FY 2024 filings availableShilpa Road Lines Private Limited reported revenue of ₹4.36 Cr (down 3% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 7% over five years, including a 3% fall in the latest year. EBITDA rose 4% 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 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 | -₹34.96 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.04 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -8% | ||||
| Net Profit Margin | -23.8% | ||||
| 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 Shilpa Road Lines Private Limited, buy the company report.
Board of directors of Shilpa Road Lines Private Limited
Shilpa Road Lines 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 |
|---|---|---|---|---|
| Vijaykumar Mahavirprasad Baswatia Also directs: Shilpa Logistics Private Limited | Director | 07 Jan 2000 | 26 Years 10 Months | Current |
| Alok Vijay Basawatia Also directs: Shilpa Logistics Private Limited | Director | 07 Jan 2000 | 26 Years 10 Months | Current |
Auditor
Shilpa Road Lines Private Limited is audited by JKJS & Co for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JKJS & Co | FY 2022 | 121161W |
Shareholding
The shareholding of Shilpa Road Lines Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Shilpa Road Lines Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 May 2024 | 100927446 | Tjsb Sahakari Bank Limited | ₹1 Cr | Open | |
| 15 Jan 2022 | 100529632 | Tjsb Sahakari Bank Limited | ₹58 Lakh | Open | |
| 12 Oct 2021 | 100490830 | Tjsb Sahakari Bank Limited | ₹94 Lakh | Open | |
| 17 Jul 2020 | 100355040 | Tjsb Sahakari Bank Limited | ₹20 Lakh | Open | |
| 28 Jul 2015 | 10584027 | Axis Bank Limited | ₹55.56 Lakh | Open |
To see the full charge records of Shilpa Road Lines Private Limited, buy the company report.
Total charge records: 10 View all charges
Legal cases
Shilpa Road Lines Private Limited has 8 court cases on record: 1 filed by Shilpa Road Lines, 7 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 7 | 0 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BELAGAVI, Karnataka | Execution petition | Filed against the company by an individual | Disposed |
| District court, Pune, Maharashtra | Court case (M.A.C.P.) | Filed against the company by an individual | Disposed |
| District court, BELAGAVI, Karnataka | Motor accident claim | Filed against the company by an individual | Disposed |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Appln.WCA.I) | Filed against the company by an individual | Disposed |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Appln.WCA.I) | Filed against the company by an individual | Disposed |
To see the full case history of Shilpa Road Lines 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 Shilpa Road Lines Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Shilpa Road Lines has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCS4056G1ZB | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Shilpa Road Lines Private Limited, buy the company report.
Recent activity
Shilpa Road Lines Private Limited has 4 board changes on record since 2000: 2 appointments and 2 cessations. The latest: Bharati Alok Basawatia ceased to be Director on 09 Aug 2010.
7 earlier events are in the company report.
Frequently asked questions
Shilpa Road Lines is an active private limited company based in Mumbai, Maharashtra, India. The company works in carriers services, within the transport and logistics industry. It was incorporated on 07 January 2000 (26+ years old) and is registered under CIN U60200MH2000PTC123539.
Shilpa Road Lines has 2 current directors:
- Vijaykumar Mahavirprasad Baswatia - Director
- Alok Vijay Basawatia - Director
The latest financial statements of Shilpa Road Lines 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 2015 are in the company report.
The GSTIN of Shilpa Road Lines is 27AAFCS4056G1ZB, registered in Maharashtra.
The CIN (Corporate Identification Number) of Shilpa Road Lines is U60200MH2000PTC123539. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shilpa Road Lines has 8 court cases on record: 1 filed by the company and 7 filed against it.
Shilpa Road Lines was incorporated on 07 January 2000, making it 26+ years old. It is registered with the Registrar of Companies, Mumbai.
Bharati Alok Basawatia ceased to be Director on 09 Aug 2010. Sulochana Vijaykumar Baswatia ceased to be Director on 09 Aug 2010. Alok Vijay Basawatia was appointed as Director on 07 Jan 2000. Shilpa Road Lines has 4 board changes on record in total.
Yes, Shilpa Road Lines is registered as a small enterprise under Udyam registration (number: UDYAM-MH-19-0028667).
The registered office of Shilpa Road Lines is at 207 Sahakr Bhavan 2nd Fl34048 Narshinatha Street Katha Bazar MasjidW, Mumbai, Maharashtra, India – 400009.

