Speedex Transcarriers Private Limited

Speedex Transcarriers Private Limited - transport and logistics in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U63090KA2010PTC054931 Incorporated 24 August 2010 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company transport and logistics MSME · Medium
Data last updated
Revenue · FY 2023
₹88.11 Cr
▲ 78% YoY
Net profit · FY 2023
₹32.8 Lakh
Net margin 0.4%
EBITDA · FY 2023
₹8.38 Cr
EBITDA margin 9.5%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹1.13 Cr
Issued & subscribed
Open charges
₹17.49 Cr
Secured borrowings
Company age
16 yrs
Est. 2010
Employees · EPFO
66
Provident fund records

About Speedex Transcarriers Private Limited

Data last updated:

Speedex Transcarriers Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the carriers services segment of the transport and logistics sector. It was incorporated on 24 August 2010 and has been in existence for over 16 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U63090KA2010PTC054931. Its GSTIN is 29AAOCS6685G1ZJ (Karnataka). The company holds 13 GST registrations, all of them active.

The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.13 Cr. It is led by directors Hemavathi and Hittalapura Shivalingaiah Suresh.

Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at No.113/2 Shed No.6 Doddabele Road Near K.S.R.T.C. Depot Kengeri, Bangalore, Karnataka, India – 560060.

As per the financials filed for FY 2023, the company reported a revenue of ₹88.11 Cr, a growth of 78% compared to the previous year. For the same year it recorded a net profit of ₹32.8 Lakh (net margin 0.4%) and EBITDA of ₹8.38 Cr (EBITDA margin 9.5%). Revenue has grown at a compounded annual rate (CAGR) of 26% over three years and 18% over five years.

The company has about 66 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹17.49 Cr on record. Court records list 55 cases involving the company, including 3 filed by the company and 52 filed against it; 14 cases are pending.

Speedex Transcarriers Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0023016). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website speedextrans.com.

Company details

CIN U63090KA2010PTC054931
Registration Number 054931
Incorporation Date 24 August 2010
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-KR-03-0023016

Recognitions & Rankings of Speedex Transcarriers

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-KR-03-0023016

Contact details

Speedex Transcarriers Private Limited's registered office is in Bangalore, Karnataka. Its website is speedextrans.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    No.113/2 Shed No.6 Doddabele Road Near K.S.R.T.C. Depot Kengeri, Bangalore, Karnataka, India – 560060
  • Industry
    Transport and Logistics, Carriers Services

To see the full contact details of Speedex Transcarriers Private Limited, buy the company report.

Comprehensive company report
Speedex Transcarriers Private Limited - one report that includes everything
  • 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

The main business activity of Speedex Transcarriers is transport and storage. In detail, this covers postal & courier activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
HTransport and storageH7Postal & Courier activities

To see the full business activity and turnover split of Speedex Transcarriers Private Limited, buy the company report.

Financials of Speedex Transcarriers Private Limited

FY 2023 filings available

Speedex Transcarriers Private Limited reported revenue of ₹88.11 Cr (up 78% YoY) for FY 2023.

Revenue · FY 2023
₹88.11 Cr ▲ 78%
Net profit · FY 2023
₹32.8 Lakh margin 0.4%
EBITDA · FY 2023
₹8.38 Cr margin 9.5%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 78%
3 years · compounded
▲ 26%
5 years · compounded
▲ 18%
EBITDA CAGR growth
1 year
▲ 12%
3 years · compounded
▲ 30%
5 years · compounded
▲ 21%

Revenue has grown at a compounded annual rate (CAGR) of 18% over five years, including 78% growth in the latest year. EBITDA rose 12% 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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹88.11 Cr
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹8.38 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹32.8 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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin9.5%
Net Profit Margin0.4%
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 Speedex Transcarriers Private Limited, buy the company report.

Board of directors of Speedex Transcarriers Private Limited

Speedex Transcarriers has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
HemavathiDirector24 Aug 201016 Years 2 MonthsCurrent
Hittalapura Shivalingaiah SureshDirector24 Aug 201016 Years 2 MonthsCurrent

Auditor

Speedex Transcarriers Private Limited is audited by CRS & Associates for the financial year 2023.

Auditor firmFinancial yearFirm registration number
CRS & AssociatesFY 2023009676S

Shareholding

The shareholding of Speedex Transcarriers 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Speedex Transcarriers Private Limited, buy the company report.

Charges & borrowings

Open charges
₹17.49 Cr
Satisfied charges
None
Breakdown by lending institutions
Others₹14.19 Cr
Hdfc Bank Limited₹2.41 Cr
Hdb Financial Services Limited₹0.88 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
11 Jun 2024100938911Hdb Financial Services Limited₹88.43 LakhOpen
29 Aug 2023100778066Others₹18.21 LakhOpen
30 Jun 2023100750921Others₹41.4 LakhOpen
17 Feb 2023100717178Others₹1.01 CrOpen
27 Jan 2023100716702Hdfc Bank Limited₹2.41 CrOpen

Total charge records: 19 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Speedex Transcarriers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Speedex Transcarriers Private Limited has a workforce of 66 employees on its EPFO records as of Mar 25, 2024, across 1 active EPFO establishment.

Employee count
66
Active EPFO establishments
1
Employee growth
37.5%

GST

Speedex Transcarriers has 13 GST registrations: 13 active. The first 4 active GSTINs are listed below.

Total GSTINs
13
Active
13
GSTINStateStatusRegistered on
29AAOCS6685G1ZJKarnatakaActive01 Jul 2017
24AAOCS6685G1ZTGujaratActive01 Jul 2017
27AAOCS6685G1ZNMaharashtraActive01 Jul 2017
32AAOCS6685G1ZWKeralaActive01 Jul 2017

To see the full GST registrations and return filing status of Speedex Transcarriers Private Limited, buy the company report.

Recent activity

Speedex Transcarriers Private Limited has 4 board changes on record since 2010: 2 appointments and 2 cessations. The latest: Supriya Hittalapura Suresha ceased to be Director on 16 Aug 2018.

Charges
A charge with Hdb Financial Services Limited amounted to Rs. 0.88 Cr with Charge ID 100938911 was registered on 11 Jun 2024.
AGM
Speedex Transcarriers Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 0.18 Cr with Charge ID 100778066 was registered on 29 Aug 2023.
Charges
A charge with Others amounted to Rs. 0.41 Cr with Charge ID 100750921 was registered on 30 Jun 2023.
Filing
Speedex Transcarriers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.
Charges
A charge with Others amounted to Rs. 1.01 Cr with Charge ID 100717178 was registered on 17 Feb 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 2.41 Cr with Charge ID 100716702 was registered on 27 Jan 2023.
Charges
A charge with Others amounted to Rs. 1.15 Cr with Charge ID 100671598 was registered on 28 Dec 2022.
Charges
A charge with Others amounted to Rs. 1.15 Cr with Charge ID 100671046 was registered on 28 Dec 2022.
Charges
A charge with Others amounted to Rs. 0.88 Cr with Charge ID 100653941 was registered on 09 Nov 2022.
Charges
A charge with Others amounted to Rs. 0.88 Cr with Charge ID 100653938 was registered on 09 Nov 2022.
Charges
A charge with Others amounted to Rs. 2.48 Cr with Charge ID 100627837 was registered on 03 Oct 2022.

14 earlier events are in the company report.

Frequently asked questions

Speedex Transcarriers is an active private limited company based in Bangalore, Karnataka, India. The company works in carriers services, within the transport and logistics industry. It was incorporated on 24 August 2010 (16+ years old) and is registered under CIN U63090KA2010PTC054931.

Speedex Transcarriers has 2 current directors:

The latest financial statements of Speedex Transcarriers on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.

The GSTIN of Speedex Transcarriers is 29AAOCS6685G1ZJ, registered in Karnataka. The company has 13 GST registrations in all, of which 13 are active. Other active GSTINs include 24AAOCS6685G1ZT (Gujarat), 27AAOCS6685G1ZN (Maharashtra), 32AAOCS6685G1ZW (Kerala).

The CIN (Corporate Identification Number) of Speedex Transcarriers is U63090KA2010PTC054931. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Speedex Transcarriers has 55 court cases on record: 3 filed by the company and 52 filed against it. 14 are pending. Most are in the district courts.

Speedex Transcarriers was incorporated on 24 August 2010, making it 16+ years old. It is registered with the Registrar of Companies, Bangalore.

Supriya Hittalapura Suresha ceased to be Director on 16 Aug 2018. Hitalpura Shivalingaiah Ningaiah ceased to be Director on 10 Feb 2012. Hemavathi was appointed as Director on 24 Aug 2010. Speedex Transcarriers has 4 board changes on record in total.

Yes, Speedex Transcarriers is registered as a medium enterprise under Udyam registration (number: UDYAM-KR-03-0023016).

Speedex Transcarriers can be reached through the website speedextrans.com. Its registered office is in Bangalore, Karnataka, India.