Usl Logistics Private Limited
About Usl Logistics Private Limited
Data last updated:
Usl Logistics Private Limited was a private limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of United Shippers 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 integrated logistics and supply chain solutions segment of the transport and logistics sector. It was incorporated on 13 April 2011.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U63000MH2011PTC216193. The company has 2 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹35 Cr and a paid-up capital of ₹29.01 Cr. It was led by directors including Sujata Parekh Kumar (Whole-Time Director) and Vishnunarain Deviprasad Khanna.
Its last annual general meeting (AGM) was held on 26 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at 3rd Floor Prospect Chambers D.N Road Fort, Mumbai, Maharashtra, India – 400001.
As per the financials filed for FY 2016, the company reported a revenue of ₹23.94 Cr, a growth of 93% compared to the previous year. For the same year it recorded a net profit of ₹4.93 Cr (net margin 20.6%) and EBITDA of ₹13.51 Cr (EBITDA margin 56.4%).
Court records list 1 case involving the company, including 1 filed by the company. The company has 5 deals on record (3 secondary share transfers, 2 funding rounds), with disclosed funding of ₹34.03 Cr; the latest was in September 2015. Its 3 peer companies in the Transport and Logistics industry (Diversified Logistics), with the same principal business activity (services incidental to land, water & air transportation) are compared by revenue, 1 larger and 2 smaller; the largest is Navbharat Consolidation Private Limited with revenue of ₹23.96 Cr.
Company details
Contact details
Usl Logistics Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address3rd Floor Prospect Chambers D.N Road Fort, Mumbai, Maharashtra, India – 400001
- IndustryTransport and Logistics, Integrated & Diversified Logistics Services
To see the full contact details of Usl 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 Usl Logistics is transport and storage. In detail, this covers services incidental to land, water & air transportation.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transport and storage | H5 | Services incidental to land, water & air transportation |
To see the full business activity and turnover split of Usl Logistics Private Limited, buy the company report.
Financials of Usl Logistics Private Limited
FY 2016 filings availableUsl Logistics Private Limited reported revenue of ₹23.94 Cr (up 93% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue rose 93% in the latest year. EBITDA rose 5% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| 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 | ₹13.51 Cr | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹4.93 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 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 56.4% | |
| Net Profit Margin | 20.6% | |
| 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 Usl Logistics Private Limited, buy the company report.
Board of directors and KMP of Usl Logistics Private Limited
Usl Logistics Private Limited currently reports 4 directors and 2 key managerial personnel. 6 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vishnunarain Deviprasad Khanna | Director | 09 Feb 2016 | 10 Years 8 Months | As last reported |
| Rajiv Vinodchandra Merchant | Director | 13 Apr 2011 | 15 Years 6 Months | As last reported |
| Suresh Kirtilal Parikh | Director | 09 Feb 2016 | 10 Years 8 Months | As last reported |
| Sujata Parekh Kumar Also directs: G Claridge and Company Limited, Uni Recyclers Pvt Ltd, Sunseva Ventures Private Limited and 5 more | Whole-Time Director | 11 Aug 2015 | 11 Years 2 Months | As last reported |
| Nagendra Ramakishan Agarwal | Company Secretary | 10 Nov 2016 | 9 Years 11 Months | As last reported |
| Paras Dakalia | Cfo | 10 Nov 2016 | 9 Years 11 Months | As last reported |
Peer comparison
Usl Logistics Private Limited is compared with the 3 companies closest to it by revenue in the Transport and Logistics industry (Diversified Logistics), with the same principal business activity (services incidental to land, water & air transportation), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Navbharat Consolidation Private Limited | ₹23.96 Cr (FY 2025) | 70.0% | Mumbai, Maharashtra, India | |||
| Usl Logistics Private Limitedthis company | ₹23.94 Cr (FY 2016) | ₹4.93 Cr | 20.6% | 93.0% | Mumbai, Maharashtra, India | |
| Amiable Logistics (India) Limited | ₹23.88 Cr (FY 2025) | -7.0% | Mumbai, Maharashtra, India | |||
| Abhishek World Logistics Private Limited | ₹23.81 Cr (FY 2025) | -33.0% | Delhi, India |
To see the full peer comparison of Usl Logistics Private Limited, buy the company report.
Auditor
Usl Logistics Private Limited is audited by Khandelwal Jain & Co. for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Khandelwal Jain & Co. | FY 2015 |
Shareholding
The shareholding of Usl Logistics Private Limited is on record for 2 financial years, the latest being FY 2016, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2016 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Usl Logistics Private Limited, buy the company report.
Deals & funding
Usl Logistics Private Limited has 5 deals on record (3 secondary share transfers, 2 funding rounds), with disclosed funding of ₹34.03 Cr; the latest was in September 2015.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2015 | Funding round | ₹25.03 Cr | Investors: an individual |
| Aug 2015 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Sep 2014 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2012 | Secondary share transfer | Undisclosed | Buyer: United Shippers Limited , 2 individuals Seller: 3 individuals |
| Sep 2011 | Funding round | ₹9 Cr | Investors: United Shippers Limited , 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Usl Logistics Private Limited has 1 court case on record: 1 filed by Usl Logistics. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (CSD) | Filed by the company | Disposed |
To see the full case history of Usl 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 Usl Logistics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Usl Logistics has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Usl Logistics Private Limited, buy the company report.
Recent activity
Usl Logistics Private Limited has 12 board changes on record since 2011: 6 appointments and 6 cessations. The latest: Nagendra Ramakishan Agarwal was appointed as Company Secretary on 10 Nov 2016.
3 earlier events are in the company report.
Frequently asked questions
Usl Logistics 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.
Usl Logistics was a private limited company based in Mumbai, Maharashtra, India. The company worked in integrated and diversified logistics services, within the transport and logistics industry. It was incorporated on 13 April 2011 and is registered under CIN U63000MH2011PTC216193. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Usl Logistics was incorporated on 13 April 2011. It is registered with the Registrar of Companies, Mumbai.
Usl Logistics had 6 directors and KMP:
- Sujata Parekh Kumar - Whole-Time Director
- Vishnunarain Deviprasad Khanna - Director
- Rajiv Vinodchandra Merchant - Director
- Suresh Kirtilal Parikh - Director
- Nagendra Ramakishan Agarwal - Company Secretary
- Paras Dakalia - Cfo
The CIN (Corporate Identification Number) of Usl Logistics is U63000MH2011PTC216193. 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 Usl Logistics is at 3rd Floor Prospect Chambers D.N Road Fort, Mumbai, Maharashtra, India – 400001.
The latest financial statements of Usl Logistics on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 26 September 2016. Year-wise statements from 2015 are in the company report.
No. Usl Logistics has 2 GST registrations on record and all of them are cancelled or inactive.
Usl Logistics operated in the transport and logistics industry, in the integrated and diversified logistics services segment.
Usl Logistics has 5 deals on record (3 secondary share transfers, 2 funding rounds), with disclosed funding of ₹34.03 Cr; the latest was in September 2015.
The peers of Usl Logistics by revenue are Navbharat Consolidation Private Limited, Amiable Logistics (India) Limited, Abhishek World Logistics Private Limited, all in the Transport and Logistics industry (Diversified Logistics), with the same principal business activity (services incidental to land, water & air transportation).