Associated Road Carriers Ltd

Leading surface transportation company with extensive network and services for various industries.

1972 | Kolkata, West Bengal (India) | Active
Last Updated: June 16, 2024

Associated Road Carriers Profile

Key Indicators

  • Authorised Capital ₹ 15.00 Cr
  • Paid Up Capital ₹ 5.18 Cr
  • Company Age 52 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 6.90 M
  • Satisfied Charges ₹ 138.12 Cr
  • Revenue Growth 14.93%
  • Profit Growth 42.20%
  • Ebitda 48.54%
  • Net Worth -17.87%
  • Total Assets -12.92%

About Associated Road Carriers

Associated Road Carriers Ltd (ARCL) was founded in India on 08 May 1972 and has a glorious history of 52 years and eight months. Its registered office is in Kolkata, West Bengal, India.

The Corporate was formerly known as Associated Road Carriers Pvt Ltd. The Company is engaged in the Transport And Logistics Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 15.00 Cr and a paid-up capital of Rs 5.18 Cr.

The company currently has active open charges totaling ₹6.90 M. The company has closed loans amounting to ₹138.12 Cr, as per Ministry of Corporate Affairs (MCA) records.

Vinay Goel, Rahul Goel, Ramawatar Joshi, and Ten other members serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U63090WB1972PLC028346

  • Company No.

    028346

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    08 May 1972

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Transport and Logistics

What products or services does Associated Road Carriers Ltd offer?

Associated Road Carriers Ltd offers a wide range of products and services, including Transport Agents & Bulk Carriers, Courier Service, Steel Bars, Rods, Plates & Sheets, Steel Plates, Software Development Services, Customized Software Solution, Goods Transport Services, Project Transportation Service, Transportation Services, Container Transport Service.

Who are the key members and board of directors at Associated Road Carriers?

Executive Team (1)

NameDesignationAppointment DateStatus
Ram Goel Country flag representing In Managing Director01-Jul-1994Current

Board Members (12)

NameDesignationAppointment DateStatus
Vinay Goel Country flag representing In Whole-Time Director 05-Jul-2006Current
Ravi Goel Country flag representing In Director 07-Jul-2010Current
Rahul Goel Country flag representing In Director 08-May-2015Current
Ramawatar Joshi Country flag representing In Director 20-Feb-2007Current
Banwarilal Sharma Country flag representing In Whole-Time Director 01-Jul-1994Current
Rajiv Goyal Country flag representing In Director 05-Jul-2006Current

Financial Performance of Associated Road Carriers.

Associated Road Carriers Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 14.93% increase. The company also saw a substantial improvement in profitability, with a 42.2% increase in profit. The company's net worth observed a substantial decline by a decrease of 17.87%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
14.93%
Revenue from Operations
14.85%
Total Assets
-12.92%
Profit or Loss
42.20%
Net Worth
-17.87%
EBITDA
48.54%

What is the Ownership and Shareholding Structure of Associated Road Carriers?

In 2023, Associated Road Carriers had a promoter holding of 99.93% and a public holding of 0.08%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0.69 Cr

Satisfied Charges

₹138.12 Cr

Charges Breakdown by Lending Institutions

  • Ge Capital Transportation Financial Services Ltd : 0.69 Cr

Latest Charge Details

DateLenderAmountStatus
28 Sep 2007Ge Capital Transportation Financial Services Ltd₹1.40 MOpen
16 Jul 2007Ge Capital Transportation Financial Services Ltd₹5.50 MOpen
18 Jun 2019Others₹1.09 CrSatisfied
10 Apr 2019Others₹4.94 CrSatisfied
20 Mar 2017Others₹20.00 CrSatisfied

How Many Employees Work at Associated Road Carriers?

Associated Road Carriers has a workforce of 2659 employees as of Apr 09, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Associated Road Carriers, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Associated Road Carriers's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Associated Road Carriers

Recent activity within the organization

  • Annual General Meeting

    Associated Road Carriers Ltd last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Associated Road Carriers Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kolkata.

    31 Mar 2023

  • Charges

    A charge registered on 20 Mar 2017 via Charge ID 100086070 with Others was fully satisfied on 01 Jul 2021.

    01 Jul 2021

  • Charges

    A charge registered on 14 Oct 1993 via Charge ID 80019597 with State Bank Of India was fully satisfied on 22 Jun 2021.

    22 Jun 2021

  • Charges

    A charge registered on 18 Jun 2019 via Charge ID 100269693 with Others was fully satisfied on 18 Mar 2021.

    18 Mar 2021

  • Charges

    A charge registered on 10 Apr 2019 via Charge ID 100253381 with Others was fully satisfied on 18 Mar 2021.

    18 Mar 2021

Recent News, Updates & Announcement

Frequently asked questions

  • Associated Road Carriers Ltd was incorporated on 08 May 1972.

  • The authorized share capital of Associated Road Carriers Ltd is ₹ 15.00 Cr and paid-up capital is ₹ 5.18 Cr.

  • Currently 13 directors are associated with Associated Road Carriers Ltd.

    • Vinay Goel
    • Rahul Goel
    • Ramawatar Joshi
    • Banwarilal Sharma
    • Rajiv Goyal
    • Chhabildass Goyal
    • Ravi Goel
    • Ram Kumar Goel
    • Mahender Kumar Goyal
    • Vineet Goyal
    • Girish Sharma
    • Kailash Chander Chaudhary
    • Sunita Garg
  • As per Ministry of Corporate Affairs (Mca), the registered address of Associated Road Carriers Ltd is 32 Jawaharlal Nhehru Road Kolkata, West Bengal, India, 700071.

  • The corporate identification number (CIN) of Associated Road Carriers Ltd is U63090WB1972PLC028346 and the company number is 028346 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Associated Road Carriers Ltd is https://www.arclimited.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Associated Road Carriers Ltd has risen by 14.93%.

  • As Per 2023 financial reports, 2659 employees are currently employed by Associated Road Carriers Ltd.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Associated Road Carriers Ltd has experienced an downturn of -17.87%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Associated Road Carriers Ltd amount to ₹ 6.90 M.

  • The most recent Balance Sheet for Associated Road Carriers Ltd was filed with the ROC on 31 Mar 2023.

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