- Category
- Micro (2022-23)
- Udyam number
- UDYAM-TN-02-0026221

Vetri Logistic Solutions Private Limited
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
Recognitions & Rankings of Vetri Logistic Solutions
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 Address42/45 Sait Colony 2nd Street Egmore, Chennai, Tamil Nadu, India – 600008
- IndustryTransport and Logistics, Cold Storage & Warehousing Services
To see the full contact details of Vetri Logistic Solutions 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 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 code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N1 | Rental 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 availableVetri Logistic Solutions Private Limited reported revenue of ₹63.65 Lakh (up 557% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
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
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 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 | ||||
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| Trade Payables | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 98.4% | |||
| Net Profit Margin | 31.9% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
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| Current Ratio | ||||
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| Receivable Days | ||||
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| 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.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Baiju Akshay Sridhar Also directs: Morpheus Hunt Consulting Private Limited | Director | 10 May 2018 | 8 Years 5 Months | Current |
| Sridhar Ashiqueanish | Director | 10 May 2018 | 8 Years 5 Months | Current |
Auditor
Vetri Logistic Solutions Private Limited is audited by R SEETHARAMAN & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R SEETHARAMAN & ASSOCIATES | FY 2022 | 015379S |
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 category | FY 2022 | FY 2021 | FY 2020 | FY 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
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Feb 2019 | 100254608 | Indian Bank | ₹1.9 Cr | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Vetri Logistic Solutions Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
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.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAGCV4202Q1Z5 | Tamil Nadu | Active | 15 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.
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:
- Baiju Akshay Sridhar - Director
- Sridhar Ashiqueanish - Director
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.

