About Silverline Logistics Private Limited
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Silverline 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 07 August 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U63011MH2006PTC163609. Its GSTIN is 27AAKCS1432R2ZS (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹15 Lakh. It is led by directors Jatin Kirti Chheda and Jackin Kirti Chheda.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at 2 Podar House Rafi Ahmed Kidvai Road Wadala, Mumbai, Maharashtra, India – 400031.
As per the financials filed for FY 2020, the company reported a revenue of ₹40.73 Lakh, a decline of 71% compared to the previous year. For the same year it recorded a net loss of ₹4.69 Lakh (net margin -11.5%) and EBITDA of ₹11.57 Lakh (EBITDA margin 28.4%). Revenue has declined at a compounded annual rate (CAGR) of 54% over three years and 42% over five years.
As per MCA filings, the company has open charges of ₹4.56 Cr and satisfied charges of ₹1.95 Cr on record. Court records list 10 cases involving the company, including 1 filed by the company and 9 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website silverlinelogistics.com.
Company details
Contact details
Silverline Logistics Private Limited's registered office is in Mumbai, Maharashtra. Its website is silverlinelogistics.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address2 Podar House Rafi Ahmed Kidvai Road Wadala, Mumbai, Maharashtra, India – 400031
- IndustryTransport and Logistics, Integrated & Diversified Logistics Services
To see the full contact details of Silverline 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 Silverline 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 Silverline Logistics Private Limited, buy the company report.
Financials of Silverline Logistics Private Limited
FY 2020 filings availableSilverline Logistics Private Limited reported revenue of ₹40.73 Lakh (down 71% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 42% over five years, including a 71% fall in the latest year. EBITDA fell 61% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹40.73 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹11.57 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹4.69 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 | |||||
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| Total Assets | |||||
Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 28.4% | ||||
| Net Profit Margin | -11.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
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| 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 Silverline Logistics Private Limited, buy the company report.
Board of directors of Silverline Logistics Private Limited
Silverline Logistics has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jatin Kirti Chheda | Director | 07 Aug 2006 | 20 Years 2 Months | Current |
| Jackin Kirti Chheda | Director | 07 Aug 2006 | 20 Years 2 Months | Current |
Auditor
Silverline Logistics Private Limited is audited by GADA CHHEDA & CO LLP for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GADA CHHEDA & CO LLP | FY 2019 | W100059 |
Shareholding
The shareholding of Silverline Logistics Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Silverline Logistics Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 May 2016 | 100035126 | Others | ₹1.4 Cr | Open | |
| 06 May 2008 | 10104157 | Punjab and Maharashtra Co-Op. Bank Ltd. | ₹30.6 Lakh | Open | |
| 23 Dec 2006 | 10038292 | Hdfc Bank Limited | ₹1.59 Cr | Open | |
| 18 Sep 2006 | 10021032 | Supreme Petrochem Limited | ₹1.26 Cr | Open | |
| 05 Nov 2009 | 10187559 | Nkgsb Co-Op. Bank Ltd. | ₹1.25 Cr | Satisfied |
To see the full charge records of Silverline Logistics Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Silverline Logistics Private Limited has 10 court cases on record: 1 filed by Silverline Logistics, 9 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 6 | 0 |
| High courts | 3 | 3 | 0 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (M.A.WCA) | Filed by the company against National Insurance Co.Ltd and 1 other | Disposed |
| Bombay High Court | Appeal | Filed against the company by National Insurance Co. Ltd. | Disposed |
| Bombay High Court | Court case (CAF) | Filed against the company by National Insurance Co. Ltd. | Disposed |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Appln.WCA.G) | Filed against the company by an individual | Disposed |
| District court, Thane, Maharashtra | Court case (MACP. Dkst.) | Filed against the company by an individual | Disposed |
To see the full case history of Silverline Logistics 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 Silverline Logistics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Silverline Logistics has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAKCS1432R2ZS | Maharashtra | Active | 09 Jul 2017 |
To see the full GST registrations and return filing status of Silverline Logistics Private Limited, buy the company report.
Recent activity
Silverline Logistics Private Limited has 3 board changes on record since 2006: 2 appointments and 1 cessation. The latest: Bharti Kirti Chheda ceased to be Director on 20 May 2016.
2 earlier events are in the company report.
Frequently asked questions
Silverline 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 07 August 2006 (20+ years old) and is registered under CIN U63011MH2006PTC163609.
Silverline Logistics has 2 current directors:
- Jatin Kirti Chheda - Director
- Jackin Kirti Chheda - Director
The latest financial statements of Silverline Logistics on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.
The GSTIN of Silverline Logistics is 27AAKCS1432R2ZS, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Silverline Logistics is U63011MH2006PTC163609. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Silverline Logistics has 10 court cases on record: 1 filed by the company and 9 filed against it. Most are in the district courts.
Silverline Logistics was incorporated on 07 August 2006, making it 20+ years old. It is registered with the Registrar of Companies, Mumbai.
Bharti Kirti Chheda ceased to be Director on 20 May 2016. Jackin Kirti Chheda was appointed as Director on 07 Aug 2006. Jatin Kirti Chheda was appointed as Director on 07 Aug 2006.
Silverline Logistics can be reached through the website silverlinelogistics.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Silverline Logistics is at 2 Podar House Rafi Ahmed Kidvai Road Wadala, Mumbai, Maharashtra, India – 400031.