Vetri Logistic Solutions Private Limited

Vetri Logistic Solutions Private Limited - transport and logistics in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
CIN U63030TN2018PTC122609 Incorporated 10 May 2018 ROC Chennai HQ Chennai, Tamil Nadu, India
Active Private Limited Company transport and logistics MSME · Micro
Data last updated
Revenue · FY 2022
₹63.65 Lakh
▲ 557% YoY
Net profit · FY 2022
₹20.28 Lakh
Net margin 31.9%
EBITDA · FY 2022
₹62.62 Lakh
EBITDA margin 98.4%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Open charges
₹1.9 Cr
Secured borrowings
Company age
8 yrs
Est. 2018
Directors on board
2
As per MCA filings

About Vetri Logistic Solutions Private Limited

Data last updated:

Vetri Logistic Solutions Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the cold storage and warehousing services segment of the transport and logistics sector. It was incorporated on 10 May 2018 and has been in existence for over 8 years.

The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U63030TN2018PTC122609. Its GSTIN is 33AAGCV4202Q1Z5 (Tamil Nadu).

The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹5 Lakh. It is led by directors Baiju Akshay Sridhar and Sridhar Ashiqueanish.

Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at 42/45 Sait Colony 2nd Street Egmore, Chennai, Tamil Nadu, India – 600008.

As per the financials filed for FY 2022, the company reported a revenue of ₹63.65 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹20.28 Lakh (net margin 31.9%) and EBITDA of ₹62.62 Lakh (EBITDA margin 98.4%).

As per MCA filings, the company has open charges of ₹1.9 Cr on record.

Vetri Logistic Solutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0026221).

Company details

CIN U63030TN2018PTC122609
Registration Number 122609
Incorporation Date 10 May 2018
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2022
Date of Balance Sheet 31 March 2022
MSME Classification Micro
Udyam Registration UDYAM-TN-02-0026221

Recognitions & Rankings of Vetri Logistic Solutions

MSME (Udyam registered) Ministry of MSME
Category
Micro (2022-23)
Udyam number
UDYAM-TN-02-0026221

Contact details

Vetri Logistic Solutions Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address is in the company report.

  • Email
  • Registered Address
    42/45 Sait Colony 2nd Street Egmore, Chennai, Tamil Nadu, India – 600008
  • Industry
    Transport and Logistics, Cold Storage & Warehousing Services

To see the full contact details of Vetri Logistic Solutions Private Limited, buy the company report.

Comprehensive company report
Vetri Logistic Solutions 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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Secure checkout · GST invoice included

Business activity

The main business activity of Vetri Logistic Solutions is support service to organizations. In detail, this covers rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
NSupport service to OrganizationsN1Rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities

To see the full business activity and turnover split of Vetri Logistic Solutions Private Limited, buy the company report.

Financials of Vetri Logistic Solutions Private Limited

FY 2022 filings available

Vetri Logistic Solutions Private Limited reported revenue of ₹63.65 Lakh (up 557% YoY) for FY 2022.

Revenue · FY 2022
₹63.65 Lakh ▲ 557%
Net profit · FY 2022
₹20.28 Lakh margin 31.9%
EBITDA · FY 2022
₹62.62 Lakh margin 98.4%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 557%
EBITDA CAGR growth
1 year
▲ 594%
3 years · compounded
▲ 532%

Revenue rose 557% in the latest year. EBITDA rose 594% 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 2021-22FY 2020-21FY 2019-20FY 2018-19
Profit and Loss Statement
Revenue from Operations₹63.65 Lakh
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹62.62 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹20.28 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 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin98.4%
Net Profit Margin31.9%
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 Vetri Logistic Solutions Private Limited, buy the company report.

Board of directors of Vetri Logistic Solutions Private Limited

Vetri Logistic Solutions has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Baiju Akshay SridharDirector10 May 20188 Years 5 MonthsCurrent
Sridhar AshiqueanishDirector10 May 20188 Years 5 MonthsCurrent

Auditor

Vetri Logistic Solutions Private Limited is audited by R SEETHARAMAN & ASSOCIATES for the financial year 2022.

Auditor firmFinancial yearFirm registration number
R SEETHARAMAN & ASSOCIATESFY 2022015379S

Shareholding

The shareholding of Vetri Logistic Solutions Private Limited is on record for 4 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.

Shareholder categoryFY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Public
Others

To see the full shareholding pattern of Vetri Logistic Solutions Private Limited, buy the company report.

Charges & borrowings

Open charges
₹1.9 Cr
Satisfied charges
None
Breakdown by lending institutions
Indian Bank₹1.90 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
21 Feb 2019100254608Indian Bank₹1.9 CrOpen

Total charge records: 1 View all charges

MSME payment delays

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

GST

Vetri Logistic Solutions has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
33AAGCV4202Q1Z5Tamil NaduActive15 Nov 2018

To see the full GST registrations and return filing status of Vetri Logistic Solutions Private Limited, buy the company report.

Recent activity

Vetri Logistic Solutions Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Baiju Akshay Sridhar was appointed as Director on 10 May 2018.

AGM
Vetri Logistic Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.
Filing
Vetri Logistic Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Chennai.
Charges
A charge with Indian Bank amounted to Rs. 1.90 Cr with Charge ID 100254608 was registered on 21 Feb 2019.
Appointed
Baiju Akshay Sridhar was appointed as Director.
Appointed
Sridhar Ashiqueanish was appointed as Director.
Incorporation
10 May 2018
Vetri Logistic Solutions Private Limited was registered on 10 May 2018 with Roc Chennai & aged 8 years 5 months as per MCA records.

Frequently asked questions

Vetri Logistic Solutions is an active private limited company based in Chennai, Tamil Nadu, India. The company works in cold storage and warehousing services, within the transport and logistics industry. It was incorporated on 10 May 2018 (8+ years old) and is registered under CIN U63030TN2018PTC122609.

Vetri Logistic Solutions has 2 current directors:

The latest financial statements of Vetri Logistic Solutions on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from FY 2019 are in the company report.

The GSTIN of Vetri Logistic Solutions is 33AAGCV4202Q1Z5, registered in Tamil Nadu.

The CIN (Corporate Identification Number) of Vetri Logistic Solutions is U63030TN2018PTC122609. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Vetri Logistic Solutions was incorporated on 10 May 2018, making it 8+ years old. It is registered with the Registrar of Companies, Chennai.

Baiju Akshay Sridhar was appointed as Director on 10 May 2018. Sridhar Ashiqueanish was appointed as Director on 10 May 2018.

Yes, Vetri Logistic Solutions is registered as a micro enterprise under Udyam registration (number: UDYAM-TN-02-0026221).

The registered office of Vetri Logistic Solutions is at 4245 Sait Colony 2nd Street Egmore, Chennai, Tamil Nadu, India – 600008.

Vetri Logistic Solutions operates in the transport and logistics industry, in the cold storage and warehousing services segment.