About SRS Freight Management Limited
Data last updated:
SRS Freight Management Limited was a public limited company based in Navi Mumbai, Maharashtra, India, operated as a subsidiary of Transworld Integrated Logistek Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the carrying and forwarding agents (cfa) segment of the transport and logistics sector. It was incorporated on 03 April 1980.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U51100MH1980PLC022476. Its GSTIN is 27AAACW0528Q1ZY (Maharashtra). The company held 10 GST registrations, of which 1 is active.
The company had an authorised share capital of ₹1.25 Cr and a paid-up capital of ₹69.1 Lakh. It was formerly known as Haytrans (India) Private Limited and Vasanth Agencies Pvt Ltd. It was led by directors including Ramakrishnan Sivaswamy Iyer and Milind Patankar Kashinath.
Its last annual general meeting (AGM) was held on 28 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at Sector 40, Navi Mumbai, Maharashtra.
As per the financials filed for FY 2022, the company reported a revenue of ₹10.81 Cr, a growth of 130% compared to the previous year. For the same year it recorded a net loss of ₹88.16 Lakh (net margin -8.2%) and EBITDA of -₹14.34 Lakh (EBITDA margin -1.3%). Revenue has declined at a compounded annual rate (CAGR) of 2% over three years and 2% over five years.
The company had about 3 employees on its provident fund (EPFO) records before it was dissolved.
The company was associated with 1 brand: Transworld. As per MCA filings, the company had satisfied charges of ₹4.05 Cr on record. Court records list 17 cases involving the company, including 13 filed by the company and 4 filed against it; 1 case is pending. The company has 1 deal on record (1 acquisition); the latest was in September 2007. Its 10 peer companies in the Transport and Logistics industry (Carrying and Forwarding Agents) are compared by revenue, 5 larger and 5 smaller; the largest is Transplus Logistics Private Limited with revenue of ₹11.35 Cr.
The last known website on record is transworld.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressD301 – 305 Level 3 Tower II Seawoods Grand Central Plot No. R1 Sector 40 Nerul Node Navi, Mumbai, Navi Mumbai, Maharashtra, India – 400706
- IndustryTransport and Logistics, Carrying & Forwarding Agents (CFA)
- 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
Business Activity of SRS Freight Management Limited
The main business activity of SRS Freight Management is support service to organizations. In detail, this covers other support services to organizations.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations | 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.
Financials of SRS Freight Management Limited FY 2023 filings available
SRS Freight Management Limited reported revenue of ₹10.81 Cr (up 130% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR) of SRS Freight Management Limited
Revenue rose 130% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 2%. EBITDA fell 84% 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 SRS Freight Management Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹10.81 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹14.34 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹88.16 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 of SRS Freight Management Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -1.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -8.2% | •••• | •••• | •••• | •••• |
| 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 SRS Freight Management 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.
Peer Comparison of SRS Freight Management Limited
SRS Freight Management Limited is compared with the companies closest to it by revenue in the Transport and Logistics industry (Carrying and Forwarding Agents). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Transplus Logistics Private Limited | ₹11.35 Cr (FY 2025) | •••• | •••• | 39.0% | •••• | New Delhi, Delhi, India |
| Gopi Trans and Clearing Agency Private Limited | ₹11.08 Cr (FY 2024) | •••• | •••• | 125.0% | •••• | Chennai, Tamil Nadu, India |
| Fec Clearing Private Limited | ₹11.07 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | Mumbai, Maharashtra, India |
| Luftozean Logistics Private Limited | ₹10.99 Cr (FY 2018) | •••• | •••• | -56.0% | •••• | Chennai, Tamil Nadu, India |
| Reenav Logistics Private Limited | ₹10.86 Cr (FY 2024) | •••• | •••• | 34.0% | •••• | Thane, Maharashtra, India |
| SRS Freight Management Limited this company | ₹10.81 Cr (FY 2022) | •••• | •••• | 130.0% | •••• | Navi Mumbai, Maharashtra, India |
| Premier Coach and Synthetic Products Private Limited | ₹10.78 Cr (FY 2024) | •••• | •••• | 18.0% | •••• | Ida Uppal Hyderabad, Telangana, India |
| Excel Exim Services India Private Limited | ₹10.78 Cr (FY 2025) | •••• | •••• | 23.0% | •••• | Mumbai, Maharashtra, India |
| Tirupati & Associates Pvt Ltd | ₹10.76 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | Kolkata, West Bengal, India |
| Uks Global Logistics Private Limited | ₹10.72 Cr (FY 2025) | •••• | •••• | 145.0% | •••• | New Delhi, Delhi, India |
| Delta Conship Private Limited | ₹10.65 Cr (FY 2021) | •••• | •••• | -11.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below SRS Freight Management by revenue in the Transport and Logistics industry (Carrying and Forwarding Agents), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of SRS Freight Management Limited
SRS Freight Management Limited is audited by K.L.Murty & Co for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| K.L.Murty & Co | 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 SRS Freight Management Limited
SRS Freight Management has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramakrishnan Sivaswamy Iyer Also directs: Transworld Shipping Lines Limited, Transworld Shipping and Logistics Private Limited, Transworld Jets Private Limited and 5 more | Director | 23 Apr 1980 | 46 Years 5 Months | As last reported |
| Milind Patankar Kashinath | Director | 22 Nov 2018 | 7 Years 10 Months | As last reported |
| Ritesh Ramakrishnan Sivaswamy Also directs: Transworld Shipping Lines Limited, Transworld Shipping and Logistics Private Limited, Transworld Jets Private Limited and 5 more | Director | 14 Jan 2014 | 12 Years 8 Months | As last reported |
Ownership and Shareholding of SRS Freight Management 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 SRS Freight Management Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Jul 1997 | Standard Chartered Bank | ₹4.05 Cr | Satisfied |
Total charge records: 1 View all charges
Deals & Funding of SRS Freight Management Limited
SRS Freight Management Limited has 1 deal on record (1 acquisition); the latest was in September 2007.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2007 | Acquisition | Undisclosed | Buyer: Transworld Shipping Lines Limited Seller: Hayleys Fibre PLC |
Full deal history
All 1 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of SRS Freight Management Limited
SRS Freight Management Limited has 17 court cases on record: 13 filed by SRS Freight Management, 4 filed against it. 1 case is pending and 16 are disposed. Status as checked between 29 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 10 | 3 | 0 |
| High courts | 7 | 1 | 1 |
Cases on record (5 of 17)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Execution petition | Filed against the company by Amrit Seair Express Private Limited | Disposed |
| District court, Chennai, Tamil Nadu | Execution petition | Filed against the company by Amrit Seair Express Private Limited | Disposed |
| Madras High Court | Court case (COMP.A) | Filed by the company against Ramco Super Leathers Limited | Disposed |
| Madras High Court | Company petition | Filed by the company against Ramco Super Leathers Limited | Disposed |
| Bombay High Court | Court case (APEAL) | Filed by the company against Devendra Thacker and Co | Pending |
Full case history
All 17 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.
Associated Brands with SRS Freight Management Limited
SRS Freight Management operates one associated brand: Transworld. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of shipping and maritime services | transworld.com |
Employees and EPFO Compliance at SRS Freight Management Limited
SRS Freight Management Limited has a workforce of 3 employees as of Mar 30, 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.
Name History of SRS Freight Management Limited
SRS Freight Management has undergone 4 name changes throughout its history. The current legal name is Srs Freight Management Limited.
| Company Name | Status |
|---|---|
| SRS Freight Management Limited | Current |
| Haytrans (India) Private Limited | Previous |
| Vasanth Agencies Pvt Ltd | Previous |
| Haytrans (India) Limited | Previous |
| Worldwide Cargo Care Pvt Ltd | Previous |
CIN History of SRS Freight Management Limited
SRS Freight Management has one previous CIN (Corporate Identification Number): U51100MH1980PTC022476. The current CIN is U51100MH1980PLC022476, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51100MH1980PLC022476 | Current |
| U51100MH1980PTC022476 | Previous |
News related to SRS Freight Management Limited
Recent Activity on SRS Freight Management Limited
SRS Freight Management Limited has 9 board changes on record since 1980: 3 appointments and 6 cessations. The latest: Mahesh Sivaswamy ceased to be Director on 03 Mar 2020.
3 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for SRS Freight Management 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 SRS Freight Management 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 SRS Freight Management 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.
GST Compliance of SRS Freight Management Limited
SRS Freight Management has 10 GST registrations: 1 active and 9 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACW0528Q1ZY | Maharashtra | Active | 01 Jul 2017 |
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.
MCA Filings & Documents of SRS Freight Management 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.
Frequently Asked Questions about SRS Freight Management Limited
SRS Freight Management has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
SRS Freight Management was a public limited company based in Navi Mumbai, Maharashtra, India. The company worked in carrying and forwarding agents (cfa), within the transport and logistics industry. It was incorporated on 03 April 1980 and is registered under CIN U51100MH1980PLC022476. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
SRS Freight Management was incorporated on 03 April 1980. It is registered with the Registrar of Companies, Mumbai.
SRS Freight Management had 3 directors:
- Ramakrishnan Sivaswamy Iyer - Director
- Milind Patankar Kashinath - Director
- Ritesh Ramakrishnan Sivaswamy - Director
The CIN (Corporate Identification Number) of SRS Freight Management is U51100MH1980PLC022476. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of SRS Freight Management is at D301 – 305 Level 3 Tower II Seawoods Grand Central Plot No. R1 Sector 40 Nerul Node Navi, Mumbai, Navi Mumbai, Maharashtra, India – 400706.
SRS Freight Management can be reached through the website transworld.com. Its registered office is in Navi Mumbai, Maharashtra, India.
SRS Freight Management reported revenue of ₹10.81 Cr for FY 2022 (up 130% YoY).
SRS Freight Management has an authorised share capital of ₹1.25 Cr and a paid-up capital of ₹69.1 Lakh.
SRS Freight Management reported a net loss of ₹88.16 Lakh (net margin -8.2%) and EBITDA of -₹14.34 Lakh (EBITDA margin -1.3%) for FY 2022, as per its filed financial statements.
The GSTIN of SRS Freight Management is 27AAACW0528Q1ZY, registered in Maharashtra. The company has 10 GST registrations in all, of which 1 is active and 9 are cancelled or inactive.