About Weal Logistics Private Limited
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Weal Logistics Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the integrated logistics and supply chain solutions segment of the transport and logistics sector. It was incorporated on 10 May 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U60200TN2011PTC080573. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Canjivaram Venkatesan Durga Devi and Chinnadorai Ramakrishnan.
Its last annual general meeting (AGM) was held on 27 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office is at 136 (Old No 253) Linghichetty Street Parrys, Chennai, Tamil Nadu, India – 600001.
As per the financials filed for FY 2016, the company reported a revenue of ₹84.8 Lakh, a growth of 116% compared to the previous year. For the same year it recorded a net profit of ₹76,697 (net margin 0.9%) and EBITDA of ₹3.48 Lakh (EBITDA margin 4.1%).
As per MCA filings, the company has open charges of ₹15 Lakh on record.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website weallogistics.in.
Company details
Contact details
Weal Logistics Private Limited's registered office is in Chennai, Tamil Nadu. Its website is weallogistics.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address136 (Old No 253) Linghichetty Street Parrys, Chennai, Tamil Nadu, India – 600001
- IndustryTransport and Logistics, Integrated & Diversified Logistics Services
To see the full contact details of Weal 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 Weal Logistics is transport and storage. In detail, this covers postal & courier activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transport and storage | H7 | Postal & Courier activities |
To see the full business activity and turnover split of Weal Logistics Private Limited, buy the company report.
Financials of Weal Logistics Private Limited
FY 2016 filings availableWeal Logistics Private Limited reported revenue of ₹84.8 Lakh (up 116% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue rose 116% in the latest year. EBITDA rose 39% 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 | ₹84.8 Lakh | |
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹3.48 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹76,697 | |
| 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 | 4.1% | |
| Net Profit Margin | 0.9% | |
| 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 Weal Logistics Private Limited, buy the company report.
Board of directors of Weal Logistics Private Limited
Weal Logistics has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Canjivaram Venkatesan Durga Devi | Director | 10 May 2011 | 15 Years 5 Months | Current |
| Chinnadorai Ramakrishnan | Director | 10 May 2011 | 15 Years 5 Months | Current |
| Pandian Chellammal Lakshmi Selvam | Director | 10 Jul 2013 | 13 Years 3 Months | Current |
Auditor
Weal Logistics Private Limited is audited by EZHIL & RAJ for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| EZHIL & RAJ | FY 2016 | 000821S |
Shareholding
The shareholding of Weal Logistics Private Limited is on record for FY 2016, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2016 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Weal Logistics Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Dec 2012 | 10396227 | Allahabad Bank | ₹15 Lakh | Open |
To see the full charge records of Weal Logistics Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Weal Logistics 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 Weal Logistics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Weal Logistics has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Weal Logistics Private Limited, buy the company report.
Recent activity
Weal Logistics Private Limited has 5 board changes on record since 2011: 3 appointments and 2 cessations. The latest: Pandian Chellammal Lakshmi Selvam ceased to be Additional Director on 30 Sep 2013.
Frequently asked questions
Weal Logistics is an active private limited company based in Chennai, Tamil Nadu, India. The company works in integrated and diversified logistics services, within the transport and logistics industry. It was incorporated on 10 May 2011 (15+ years old) and is registered under CIN U60200TN2011PTC080573.
Weal Logistics has 3 current directors:
- Canjivaram Venkatesan Durga Devi - Director
- Chinnadorai Ramakrishnan - Director
- Pandian Chellammal Lakshmi Selvam - Director
The latest financial statements of Weal Logistics on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 27 September 2016. Year-wise statements from 2015 are in the company report.
No. Weal Logistics has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Weal Logistics is U60200TN2011PTC080573. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Weal Logistics was incorporated on 10 May 2011, making it 15+ years old. It is registered with the Registrar of Companies, Chennai.
Pandian Chellammal Lakshmi Selvam ceased to be Additional Director on 30 Sep 2013. Pandian Chellammal Lakshmi Selvam was appointed as Director on 10 Jul 2013. Premkumar Jaganathan ceased to be Director on 01 Dec 2012. Weal Logistics has 5 board changes on record in total.
Weal Logistics can be reached through the website weallogistics.in. Its registered office is in Chennai, Tamil Nadu, India.
The registered office of Weal Logistics is at 136 Old No 253 Linghichetty Street Parrys, Chennai, Tamil Nadu, India – 600001.
Weal Logistics operates in the transport and logistics industry, in the integrated and diversified logistics services segment.
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