Ritco Logistics Profile
Key Indicators
- Authorised Capital ₹ 30.00 Cr
- Paid Up Capital ₹ 28.32 Cr
- Company Age 23 Year, 6 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 565.58 Cr
- Satisfied Charges ₹ 252.73 Cr
- Revenue Growth 26.37%
- Profit Growth 51.81%
- Ebitda 29.07%
- Net Worth 20.10%
- Total Assets 20.35%
About Ritco Logistics
Ritco Logistics Limited (RLL) is a leading Public Limited Indian Non-Government Company incorporated in India on 23 August 2001 and has a history of 23 years and six months. Its registered office is in Delhi, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 542383 and on the National Stock Exchange(NSE) under RITCO.
The Corporate was formerly known as Ritco Logistics Private Limited. 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 2024. It's a company limited by shares with an authorized capital of Rs 30.00 Cr and a paid-up capital of Rs 28.32 Cr.
The company currently has active open charges totaling ₹565.58 Cr. The company has closed loans amounting to ₹252.73 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Ritco Logistics Limited India are Gitika Arora as Company Secretary, Man Singh as Cfo, and Sanjeev Elwadhi as Ceo. Sanjeev Elwadhi, Sourabh Ajmera, Roma Wadhwa, and Three other members serve as directors at the Company.
Company Details
- Location
Delhi, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
Industry
What products or services does Ritco Logistics Limited offer?
Ritco Logistics Limited offers a wide range of products and services, including Parcel Delivery Services, Transport Agents & Bulk Carriers, Goods Transport Services, Tanker Transportation Services, Courier Service, Air Taxi, Bus Rentals & Services, Car Rental, Warehousing Services, Goods Warehousing Service.
Who are the key members and board of directors at Ritco Logistics?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sanjeev Elwadhi  | Managing Director | 23-Aug-2001 | Current |
| Gitika Arora | Company Secretary | Current | |
| Man Singh | CFO | 21-Sep-2024 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sourabh Ajmera | Director | 22-May-2023 | Current |
| Shweta Jain | Director | 27-Sep-2023 | Current |
| Roma Wadhwa | Director | 06-Dec-2018 | Current |
| Vikram Suri | Director | 24-Dec-2018 | Current |
Financial Performance of Ritco Logistics.
Ritco Logistics Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 26.37% increase. The company also saw a substantial improvement in profitability, with a 51.81% increase in profit. The company's net worth Soared by an impressive increase of 20.1%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Ritco Logistics?
In 2023, Ritco Logistics had a promoter holding of 73.04% and a public holding of 26.97%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Ritco Leasing And Finance Pvt LtdSanjeev Elwadhi and Man Singh are mutual person
Ritco Charlie Retails Private LimitedSanjeev Elwadhi and Man Singh are mutual person
Wall Street Journal India Publishing Private LimitedSourabh Ajmera is a mutual person
Bmw Ventures LimitedSourabh Ajmera is a mutual person
Neomile Corporate Advisory LimitedShweta Jain is a mutual person
Hemant Surgical Industries LimitedSourabh Ajmera is a mutual person
Charges (Loans)
₹565.58 Cr
₹252.73 Cr
Charges Breakdown by Lending Institutions
- Others : 235.35 Cr
- Hdfc Bank Limited : 154.37 Cr
- Axis Bank Limited : 84.13 Cr
- The Hongkong And Shanghai Banking Corporation Limited : 48.50 Cr
- Citi Bank N.A. : 40.00 Cr
- Others : 3.23 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 Sep 2024 | Hdfc Bank Limited | ₹3.42 Cr | Open |
| 03 Sep 2024 | Hdfc Bank Limited | ₹3.42 Cr | Open |
| 16 Jul 2024 | Hdfc Bank Limited | ₹6.52 Cr | Open |
| 29 Jun 2024 | Hdfc Bank Limited | ₹3.26 Cr | Open |
| 10 Jun 2024 | Hdfc Bank Limited | ₹3.16 Cr | Open |
How Many Employees Work at Ritco Logistics?
Ritco Logistics has a workforce of 560 employees as of Apr 02, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Ritco 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 Ritco Logistics's trajectory.
Rating
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
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.
