- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0011547

About Speed Roadways Private Limited
Data last updated:
Speed Roadways Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the integrated logistics and supply chain solutions segment of the transport and logistics sector. It was incorporated on 19 September 1991 and has been in existence for over 35 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U60210KA1991PTC012331. Its GSTIN is 29AACCS0858H1Z6 (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹8 Lakh. It is led by directors including Urmila Agarwal and Gordhan Dass Agarwal.
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 Bangalore, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹14.4 Cr, a decline of 8% compared to the previous year. For the same year it recorded a net loss of ₹1.07 Lakh (net margin -0.1%) and EBITDA of ₹28.09 Lakh (EBITDA margin 2%). Revenue has declined at a compounded annual rate (CAGR) of 3% over three years and 16% over five years.
The company has about 2 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Speed Roadways. As per MCA filings, the company has open charges of ₹3.95 Cr and satisfied charges of ₹9.75 Cr on record. Court records list 29 cases involving the company, including 23 filed by the company and 6 filed against it; 5 cases are pending.
Speed Roadways Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0011547). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website speedroadways.com.
Company details
Recognitions & Rankings of Speed Roadways
Contact details
Speed Roadways Private Limited's registered office is in Bangalore, Karnataka. Its website is speedroadways.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address30/1 6th C Main Road 4th Block, Jayanagar, Bangalore, Karnataka, India – 560011
- IndustryTransport and Logistics, Integrated & Diversified Logistics Services
To see the full contact details of Speed Roadways 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
Brands
Speed Roadways operates one associated brand: Speed Roadways. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers transportation, warehousing, and logistics solutions for clients in India. | speedroadways.com |
Business activity
The main business activity of Speed Roadways 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 Speed Roadways Private Limited, buy the company report.
Financials of Speed Roadways Private Limited
FY 2025 filings availableSpeed Roadways Private Limited reported revenue of ₹14.4 Cr (down 8% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 16% over five years, including a 8% fall in the latest year. EBITDA fell 40% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹28.09 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.07 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2% | ||||
| Net Profit Margin | -0.1% | ||||
| 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 Speed Roadways Private Limited, buy the company report.
Board of directors of Speed Roadways Private Limited
Speed Roadways has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Urmila Agarwal | Director | 19 Sep 1991 | 35 Years 1 Months | Current |
| Gordhan Dass Agarwal Also directs: Gita Logistics Private Limited | Director | 31 Mar 2015 | 11 Years 6 Months | Current |
| Kiran Dua | Director | 31 Mar 2015 | 11 Years 6 Months | Current |
Auditor
Speed Roadways Private Limited is audited by Niraj Bansal for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Niraj Bansal | FY 2023 | 206688 |
Shareholding
The shareholding of Speed Roadways 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 Speed Roadways Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Jan 2008 | 10098130 | Citibank N.A | ₹3.95 Cr | Open | |
| 23 Jan 2015 | 10563287 | Yes Bank Limited | ₹6 Cr | Satisfied | |
| 19 Nov 2010 | 10252936 | Kotak Mahindra Bank Limited | ₹3 Cr | Satisfied | |
| 27 Sep 2006 | 10024343 | Icici Bank Limited | ₹75 Lakh | Satisfied |
To see the full charge records of Speed Roadways Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Speed Roadways Private Limited has 29 court cases on record: 23 filed by Speed Roadways, 6 filed against it. 5 cases are pending and 24 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 26 | 5 | 5 |
| High courts | 3 | 1 | 0 |
Cases on record (5 of 29)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed by the company against Ceva Logistics India Pvt Ltd | Disposed |
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed by the company against Neo Structo Construction Pvt Ltd | Disposed |
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed by the company against Gannon Dunkerley and Company Limited | Disposed |
| District court, BENGALURU, Karnataka | Civil suit | Filed against the company by L T Heavy Engineering Larsen and Toubro Limited and 1 other | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Alcome Perfumes and Cosmetics Pvt Ltd and 1 other | Disposed |
To see the full case history of Speed Roadways 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 Speed Roadways Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Speed Roadways Private Limited has a workforce of 2 employees on its EPFO records as of Mar 30, 2024, across 1 active EPFO establishment.
GST
Speed Roadways has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCS0858H1Z6 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Speed Roadways Private Limited, buy the company report.
Recent activity
Speed Roadways Private Limited has 10 board changes on record since 1991: 3 appointments and 7 cessations. The latest: Puneet Agarwal ceased to be Director on 18 Sep 2019.
10 earlier events are in the company report.
Frequently asked questions
Speed Roadways is an active private limited company based in Bangalore, Karnataka, India. The company works in integrated and diversified logistics services, within the transport and logistics industry. It was incorporated on 19 September 1991 (35+ years old) and is registered under CIN U60210KA1991PTC012331.
Speed Roadways has 3 current directors:
- Urmila Agarwal - Director
- Gordhan Dass Agarwal - Director
- Kiran Dua - Director
The latest financial statements of Speed Roadways on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Speed Roadways is 29AACCS0858H1Z6, registered in Karnataka.
The CIN (Corporate Identification Number) of Speed Roadways is U60210KA1991PTC012331. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Speed Roadways has 29 court cases on record: 23 filed by the company and 6 filed against it. 5 are pending. Most are in the district courts.
Speed Roadways was incorporated on 19 September 1991, making it 35+ years old. It is registered with the Registrar of Companies, Bangalore.
Puneet Agarwal ceased to be Director on 18 Sep 2019. Gordhan Dass Agarwal ceased to be Additional Director on 30 Sep 2015. Kiran Dua ceased to be Additional Director on 30 Sep 2015. Speed Roadways has 10 board changes on record in total.
Yes, Speed Roadways is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0011547).
Speed Roadways can be reached through the website speedroadways.com. Its registered office is in Bangalore, Karnataka, India.