Bharath Swift Logistics Private Limited

Provides transportation, warehousing, parcel service, and packers and movers solutions.

2010 | Chennai, Tamil Nadu (India) | Active
Last Updated:

Bharath Swift Logistics Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 2.43 Cr
  • Company Age 14 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 39.19 Cr
  • Satisfied Charges ₹ 8.50 Cr
  • Revenue Growth 15.98%
  • Profit Growth 3.56%
  • Ebitda 38.92%
  • Net Worth 53.60%
  • Total Assets 5.90%

About Bharath Swift Logistics

Bharath Swift Logistics Private Limited (BSLPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 28 October 2010 and has a history of 14 years and four months. Its registered office is in Chennai, Tamil Nadu.

The Corporate was formerly known as Bhandari Swift Logistics Private Limited. The Company is engaged in the Transportation Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 3.00 Cr and a paid-up capital of Rs 2.43 Cr.

The company currently has active open charges totaling ₹39.19 Cr. The company has closed loans amounting to ₹8.50 Cr, as per Ministry of Corporate Affairs (MCA) records.

Sivananda Sankar, Sivananda Shankari, Sureshbabu Angammal, and One other member serve as directors at the Company.

Company Details

  • Location Chennai, Tamil Nadu
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    bsl.net.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U60231TN2010PTC077864

  • Company No.

    077864

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    28 Oct 2010

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Transportation

What products or services does Bharath Swift Logistics Private Limited offer?

Bharath Swift Logistics Private Limited offers a wide range of products and services, including Warehouses and Warehousing Agents, Warehousing Services, Packers & Movers, Domestic Relocation Service, Goods Relocation Services, Transportation Services.

Who are the key members and board of directors at Bharath Swift Logistics?

Board Members (4)

NameDesignationAppointment DateStatus
Sivananda Sankar Country flag representing In Director 28-Nov-2022Current
Sivananda Shankari Country flag representing In Director 23-Dec-2022Current
Sureshbabu Angammal Country flag representing In Director 23-Jan-2024Current
Thangalakshmi Sivanandasankar Country flag representing In Director 28-Oct-2010Current

Financial Performance of Bharath Swift Logistics.

Bharath Swift Logistics Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 15.98% increase. The company also saw a slight improvement in profitability, with a 3.56% increase in profit. The company's net worth Soared by an impressive increase of 53.6%.

Bharath Swift Logistics revenue growth over time
Bharath Swift Logistics 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
15.98%
Revenue from Operations
16.01%
Total Assets
5.90%
Profit or Loss
3.56%
Net Worth
53.60%
EBITDA
38.92%

What is the Ownership and Shareholding Structure of Bharath Swift Logistics?

In 2023, Bharath Swift Logistics had a promoter holding of 63.59% and a public holding of 36.41%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹39.19 Cr

Satisfied Charges

₹8.50 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 23.19 Cr
  • Yes Bank Limited : 14.34 Cr
  • Others : 1.66 Cr

Latest Charge Details

DateLenderAmountStatus
08 Apr 2024Others₹1.24 MOpen
24 Nov 2023Hdfc Bank Limited₹1.98 MOpen
18 Nov 2023Yes Bank Limited₹14.34 CrOpen
17 Nov 2023Hdfc Bank Limited₹3.51 MOpen
04 Aug 2023Others₹9.24 MOpen

How Many Employees Work at Bharath Swift Logistics?

Bharath Swift Logistics has a workforce of 114 employees as of Apr 06, 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.

Employee growth trends for Bharath Swift Logistics Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Bharath Swift Logistics, 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 Bharath Swift Logistics'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 Bharath Swift Logistics

Recent activity within the organization

  • Annual General Meeting

    Bharath Swift Logistics Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Charges

    A charge with Others amounted to Rs. 0.12 Cr with Charge ID 100898233 was registered on 08 Apr 2024.

  • Balance Sheet

    Bharath Swift Logistics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

  • Director Appointment

    Sureshbabu Angammal was appointed as a Director was appointed as a Director on 23 Jan 2024 & has been associated with this company since 1 year 1 month .

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.20 Cr with Charge ID 100838833 was registered on 24 Nov 2023.

  • Charges

    A charge with Yes Bank Limited amounted to Rs. 14.34 Cr with Charge ID 100831598 was registered on 18 Nov 2023.

Frequently asked questions

  • What is the Incorporation or founding date of Bharath Swift Logistics Private Limited?

    Bharath Swift Logistics Private Limited was incorporated on 28 Oct 2010.

  • What is authorized share capital and paid-up capital of Bharath Swift Logistics Private Limited?

    The authorized share capital of Bharath Swift Logistics Private Limited is ₹ 3.00 Cr and paid-up capital is ₹ 2.43 Cr.

  • Who are the current board members & directors of Bharath Swift Logistics Private Limited?

    Currently 4 directors are associated with Bharath Swift Logistics Private Limited.

    • Sivananda Sankar
    • Sivananda Sankar Abi Shankari
    • Sureshbabu Angammal
    • Thangalakshmi Sivanandasankar

  • What is the registered address of Bharath Swift Logistics Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Bharath Swift Logistics Private Limited is Old No.55 New No.96 Govindan Street Collectorate Colony Aminjikarai, India, Chennai, Tamil Nadu, 600029.

  • What is the corporate identification number (CIN) and company number of Bharath Swift Logistics Private Limited?

    The corporate identification number (CIN) of Bharath Swift Logistics Private Limited is U60231TN2010PTC077864 and the company number is 077864 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Bharath Swift Logistics Private Limited?

    The Official website of Bharath Swift Logistics Private Limited is https://www.bsl.net.in

  • What has been the recent revenue trend for Bharath Swift Logistics Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Bharath Swift Logistics Private Limited has risen by 15.98%.

  • How many employees does Bharath Swift Logistics Private Limited currently have?

    As Per 2023 financial reports, 114 employees are currently employed by Bharath Swift Logistics Private Limited.

  • What change has been observed in the net worth of Bharath Swift Logistics Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Bharath Swift Logistics Private Limited has experienced an upsurge of 53.60%.

  • What are the total open charges for Bharath Swift Logistics Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Bharath Swift Logistics Private Limited amount to ₹ 39.19 Cr.

  • When was the last Balance Sheet of Bharath Swift Logistics Private Limited filed with the ROC?

    The most recent Balance Sheet for Bharath Swift Logistics Private Limited was filed with the ROC on 31 Mar 2024.

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