About Vikas Roadways Carriers Limited
Data last updated:
Vikas Roadways Carriers Limited is a public limited company based in Delhi, India. It operates in the carriers services segment of the transport and logistics sector. It was incorporated on 31 May 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U00732DL1995PLC137678. Its GSTIN is 27AAACV3466C1ZH (Maharashtra). The company holds 4 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹8.07 Cr. It is led by directors including Satvinder Singh Chadha (Managing Director) and Iqbal Kaur Chadha.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Ag – 103 Sanjay Gandhi Tranport Nagar, Delhi, India – 110042.
As per the financials filed for FY 2025, the company reported a revenue of ₹67.48 Cr, a decline of 32% compared to the previous year. For the same year it recorded a net profit of ₹53.19 Lakh (net margin 0.8%) and EBITDA of ₹5.67 Cr (EBITDA margin 8.4%). Revenue has declined at a compounded annual rate (CAGR) of 6% over three years and 6% over five years.
The company has about 39 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.
As per MCA filings, the company has open charges of ₹60.43 Cr and satisfied charges of ₹21.06 Cr on record. Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vikasroadcarriers.com.
Company details
CIN history
Vikas Roadways Carriers has one previous CIN (Corporate Identification Number): U00732DL2005PLC137678. The current CIN is U00732DL1995PLC137678, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U00732DL1995PLC137678 | Current |
| U00732DL2005PLC137678 | Previous |
Contact details
Vikas Roadways Carriers Limited's registered office is in Delhi, Delhi. Its website is vikasroadcarriers.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressAg – 103 Sanjay Gandhi Tranport Nagar, Delhi, India – 110042
- IndustryTransport and Logistics, Carriers Services
To see the full contact details of Vikas Roadways Carriers 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 Vikas Roadways Carriers 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 Vikas Roadways Carriers Limited, buy the company report.
Financials of Vikas Roadways Carriers Limited
FY 2024 filings availableVikas Roadways Carriers Limited reported revenue of ₹67.48 Cr (down 32% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 6% over five years, including a 32% fall in the latest year. EBITDA fell 39% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹5.67 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹53.19 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.4% | ||||
| Net Profit Margin | 0.8% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Vikas Roadways Carriers Limited, buy the company report.
Board of directors of Vikas Roadways Carriers Limited
Vikas Roadways Carriers has 3 current directors and 16 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Iqbal Kaur Chadha Also directs: Aahna Consultancy LLP, Veetrag Money Management Private Limited | Director | 31 May 1995 | 31 Years 5 Months | Current |
| Damandeip Singh Satvinder Chadha | Director | 15 Apr 2009 | 17 Years 6 Months | Current |
| Satvinder Singh Chadha Also directs: Aahna Consultancy LLP, Veetrag Money Management Private Limited, Vikas Road Carriers India LLP and 3 more | Managing Director | 31 May 1995 | 31 Years 5 Months | Current |
Peer comparison
Vikas Roadways Carriers Limited is compared with the 4 companies closest to it by revenue in the Transport and Logistics industry (Road Carriers and Trucking), with the same principal business activity (land transport via road), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Satya Bizcon India Private Limited | ₹69.47 Cr (FY 2025) | 31.0% | Thane, Maharashtra, India | |||
| Janta Roadways Private Limited | ₹68.93 Cr (FY 2025) | -3.0% | Chennai, Tamil Nadu, India | |||
| Vikas Roadways Carriers Limitedthis company | ₹67.48 Cr (FY 2025) | ₹53.19 Lakh | 0.8% | -32.0% | 39 | Delhi, India |
| Eastern Road Carriers Private Limited | ₹66.41 Cr (FY 2024) | -1.0% | Gmc, Assam, India | |||
| Dinbandhu Suppliers Private Limited | ₹66.34 Cr (FY 2025) | 294.0% | Bilaspur, Chhattisgarh, India |
To see the full peer comparison of Vikas Roadways Carriers Limited, buy the company report.
Auditor
Vikas Roadways Carriers Limited is audited by SAKARWALA & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SAKARWALA & ASSOCIATES | FY 2023 | 142952W |
Shareholding
The shareholding of Vikas Roadways Carriers Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Vikas Roadways Carriers Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Jun 2024 | 100948484 | Others | ₹4 Cr | Open | |
| 07 Oct 2023 | 100811685 | Others | ₹1.7 Cr | Open | |
| 18 Oct 2022 | 100621884 | Others | ₹46.64 Lakh | Open | |
| 03 Aug 2022 | 100632018 | Others | ₹1.14 Cr | Open | |
| 03 Jun 2022 | 100578097 | Others | ₹43.37 Lakh | Open |
To see the full charge records of Vikas Roadways Carriers Limited, buy the company report.
Total charge records: 41 View all charges
Legal cases
Vikas Roadways Carriers Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Madurai, Tamil Nadu | Civil suit | Filed against the company by The New India Assurance Co. Ltd and Other 1 | Disposed |
To see the full case history of Vikas Roadways Carriers 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.
Credit ratings & regulatory alerts
Vikas Roadways Carriers Limited was last rated by Crisil on 12 Nov 2019.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 12 Nov 2019 |
To see the full credit ratings and regulatory alerts of Vikas Roadways Carriers Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Vikas Roadways Carriers Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Vikas Roadways Carriers has 2 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Vikas Okhara Warehousing and Estate Private Limited | U63023MH2004PTC147978 | |
| Vikas Quick Movers Private Limited | U63030MH2022PTC375993 |
To see the full group structure of Vikas Roadways Carriers Limited, buy the company report.
Employees & EPFO
Vikas Roadways Carriers Limited has a workforce of 39 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Vikas Roadways Carriers has 4 GST registrations: 3 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACV3466C1ZH | Maharashtra | Active | 01 Jul 2017 |
| 27AAACV3466C2ZG | Maharashtra | Active | 23 Mar 2021 |
| 27AAACV3466C3ZF | Maharashtra | Active | 01 Apr 2025 |
To see the full GST registrations and return filing status of Vikas Roadways Carriers Limited, buy the company report.
Recent activity
Vikas Roadways Carriers Limited has 17 board changes on record since 1995: 3 appointments and 14 cessations. The latest: Darshit Indravadan Shah ceased to be Additional Director on 20 Oct 2018.
55 earlier events are in the company report.
Frequently asked questions
Vikas Roadways Carriers is an active public limited company based in Delhi, India. The company works in carriers services, within the transport and logistics industry. It was incorporated on 31 May 1995 (31+ years old) and is registered under CIN U00732DL1995PLC137678.
Vikas Roadways Carriers has 3 current directors:
- Satvinder Singh Chadha - Managing Director
- Iqbal Kaur Chadha - Director
- Damandeip Singh Satvinder Chadha - Director
The latest financial statements of Vikas Roadways Carriers on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Vikas Roadways Carriers is 27AAACV3466C1ZH, registered in Maharashtra. The company has 4 GST registrations in all, of which 3 are active and 1 is cancelled or inactive. Other active GSTINs include 27AAACV3466C2ZG (Maharashtra), 27AAACV3466C3ZF (Maharashtra).
The CIN (Corporate Identification Number) of Vikas Roadways Carriers is U00732DL1995PLC137678. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vikas Roadways Carriers has 1 court case on record: 1 filed against it.
Vikas Roadways Carriers was incorporated on 31 May 1995, making it 31+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Vikas Roadways Carriers by revenue are Satya Bizcon India Private Limited, Janta Roadways Private Limited, Eastern Road Carriers Private Limited, Dinbandhu Suppliers Private Limited, all in the Transport and Logistics industry (Road Carriers and Trucking), with the same principal business activity (land transport via road).
Darshit Indravadan Shah ceased to be Additional Director on 20 Oct 2018. Satyendra Mohanlal Sarupria ceased to be Additional Director on 20 Oct 2018. Rahul Lodha ceased to be Additional Director on 18 Oct 2018. Vikas Roadways Carriers has 17 board changes on record in total.
Vikas Roadways Carriers can be reached through the website vikasroadcarriers.com. Its registered office is in Delhi, India.
The registered office of Vikas Roadways Carriers is at Ag – 103 Sanjay Gandhi Tranport Nagar, Delhi, India – 110042.
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