About Vaishnavi X'press Cargo Private Limited
Data last updated:
Vaishnavi X'press Cargo Private Limited is a private limited company based in Mangalore, Karnataka, India. It operates in the cargo services segment of the transport and logistics sector. It was incorporated on 02 August 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U60231KA2012PTC065167. Its GSTIN is 29AAECV1277D1ZA (Karnataka).
The company has an authorised share capital of ₹3 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Veena Prasad Kamath and Rajesh Prabhu.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Thumbey Residency Morgans Gate, Mangalore, Karnataka, India – 575001.
As per the financials filed for FY 2020, the company reported a revenue of ₹2.34 Cr, a decline of 23% compared to the previous year. For the same year it recorded a net loss of ₹89.12 Lakh (net margin -38.2%) and EBITDA of ₹25.23 Lakh (EBITDA margin 10.8%). Revenue has declined at a compounded annual rate (CAGR) of 16% over three years and 6% over five years.
Court records list 6 cases involving the company, including 4 filed by the company and 2 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vexpresscargo.com.
Company details
Contact details
Vaishnavi X'press Cargo Private Limited's registered office is in Mangalore, Karnataka. Its website is vexpresscargo.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressThumbey Residency Morgans Gate, Mangalore, Karnataka, India – 575001
- IndustryTransport and Logistics, Cargo Services
To see the full contact details of Vaishnavi X'press Cargo 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 Vaishnavi X'press Cargo 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 Vaishnavi X'press Cargo Private Limited, buy the company report.
Financials of Vaishnavi X'press Cargo Private Limited
FY 2021 filings availableVaishnavi X'press Cargo Private Limited reported revenue of ₹2.34 Cr (down 23% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 6% over five years, including a 23% fall in the latest year. EBITDA fell 71% 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 | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹25.23 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹89.12 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.8% | ||||
| Net Profit Margin | -38.2% | ||||
| 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 | |||||
To see the full financial statements and ratios of Vaishnavi X'press Cargo Private Limited, buy the company report.
Board of directors of Vaishnavi X'press Cargo Private Limited
Vaishnavi X'press Cargo has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Veena Prasad Kamath Also directs: Sudheendra Balaji Logistics Private Limited | Director | 02 Aug 2012 | 14 Years 2 Months | Current |
| Rajesh Prabhu Also directs: Sudheendra Balaji Logistics Private Limited | Director | 02 Aug 2012 | 14 Years 2 Months | Current |
Auditor
Vaishnavi X'press Cargo Private Limited is audited by CHANDRAMOHAN K Y & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CHANDRAMOHAN K Y & CO | FY 2018 | 010243S |
Shareholding
The shareholding of Vaishnavi X'press Cargo Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Vaishnavi X'press Cargo Private Limited, buy the company report.
Legal cases
Vaishnavi X'press Cargo Private Limited has 6 court cases on record: 4 filed by Vaishnavi X'press Cargo, 2 filed against it. 1 case is pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 2 | 1 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai Small Causes Court, Maharashtra | Court case (LEC) | Filed against the company by Messrs Niranjan and Company Through Its Partner Hemant Jayantilal Bhuta | Pending |
| District court, DAKSHINA KANNADA, Karnataka | Court case (R.A.) | Filed by the company against an individual | Disposed |
| District court, DAKSHINA KANNADA, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
| District court, DAKSHINA KANNADA, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
| District court, DAKSHINA KANNADA, Karnataka | Civil suit | Filed against the company by an individual | Disposed |
To see the full case history of Vaishnavi X'press Cargo 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 Vaishnavi X'press Cargo Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Vaishnavi X'press Cargo has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECV1277D1ZA | Karnataka | Active | 24 Jul 2017 |
To see the full GST registrations and return filing status of Vaishnavi X'press Cargo Private Limited, buy the company report.
Recent activity
Vaishnavi X'press Cargo Private Limited has 2 board changes on record since 2012: 2 appointments. The latest: Rajesh Prabhu was appointed as Director on 02 Aug 2012.
Frequently asked questions
Vaishnavi X'press Cargo is an active private limited company based in Mangalore, Karnataka, India. The company works in cargo services, within the transport and logistics industry. It was incorporated on 02 August 2012 (14+ years old) and is registered under CIN U60231KA2012PTC065167.
Vaishnavi X'press Cargo has 2 current directors:
- Veena Prasad Kamath - Director
- Rajesh Prabhu - Director
The latest financial statements of Vaishnavi X'press Cargo on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
The GSTIN of Vaishnavi X'press Cargo is 29AAECV1277D1ZA, registered in Karnataka.
The CIN (Corporate Identification Number) of Vaishnavi X'press Cargo is U60231KA2012PTC065167. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vaishnavi X'press Cargo has 6 court cases on record: 4 filed by the company and 2 filed against it. 1 is pending.
Vaishnavi X'press Cargo was incorporated on 02 August 2012, making it 14+ years old. It is registered with the Registrar of Companies, Bangalore.
Rajesh Prabhu was appointed as Director on 02 Aug 2012. Veena Prasad Kamath was appointed as Director on 02 Aug 2012.
Vaishnavi X'press Cargo can be reached through the website vexpresscargo.com. Its registered office is in Mangalore, Karnataka, India.
The registered office of Vaishnavi X'press Cargo is at Thumbey Residency Morgans Gate, Mangalore, Karnataka, India – 575001.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
