Company Overview

Paradeep Parivahan Limited (CIN: L52241OR2000PLC006379) is an integrated logistics and infrastructure company founded in 2000 under Dr. Khalid Khan's leadership, operating across bulk cargo handling, green mobility, shore-based assets, and marine & defense infrastructure serving Paradip Port, Odisha.

Financial Performance FY26

Consolidated Figures:

  • Revenue from Operations: ₹422 Cr (25% YoY growth)
  • Total Income: ₹422.03 Cr
  • Profit Before Tax: ₹45.61 Cr
  • Profit After Tax: ₹33.57 Cr (PAT margin ~8%)
  • Basic EPS: ₹21.09
  • Total Assets: ₹275.15 Cr
  • Net Worth: ₹160.35 Cr (Equity + Reserves)

Balance Sheet Position:

  • Property, Plant and Equipment: ₹40.31 Cr
  • Capital Work in Progress: ₹0.29 Cr
  • Trade Receivables: ₹92.62 Cr
  • Cash and Bank Balances: ₹30.71 Cr
  • Long-Term Borrowings: ₹20.77 Cr (secured)
  • Short-Term Borrowings: ₹48.98 Cr

Key Ratios:

  • Current Ratio: 2.17
  • Debt-Equity Ratio: 0.42
  • Return on Equity: 23.06%
  • Net profit ratio: 8.01%
  • Return on Capital employed: 19.18%

Operational Highlights & Segment Performance

  • Deployed India's largest trans-state electric vehicle fleet for heavy-duty bulk transportation
  • Awarded LEAPS Award 2025 by DPIIT under Multimodal Transport Operator category
  • Entered 8-year agreement with UltraTech Cement for EV-based bulk logistics services
  • Segment Revenue: Transportation (₹190.42 Cr), Loading/Unloading (₹139.28 Cr), Hiring of Earth Moving Equipment (₹62.15 Cr), Trading (₹43.63 Cr), Construction (₹8.05 Cr)

Corporate Actions & Capital Structure

Preferential Warrant Issue:

  • Issued 10,40,000 convertible warrants on preferential basis at ₹156.46 per warrant
  • Total issue size: ₹162.72 Cr (25% upfront received: ₹40.68 Cr)
  • Allottees: Khalid Khan (8,00,000 warrants), Jigish Shantilal Sonagara (2,40,000 warrants)
  • Conversion period: 18 months from allotment date (21/03/2026 to 21/09/2027)
  • Purpose: Working capital requirements and general corporate purposes

Subsidiary Performance FY26:

  • M.R.T.C. (India) Pvt. Ltd.: Revenue ₹485.78 Cr, PAT ₹29.26 Cr
  • Pharmachem Traders Pvt. Ltd.: Revenue ₹18.78 Cr, PAT ₹1.35 Cr
  • Ask Logistiek Solutio Pvt. Ltd.: Revenue ₹75.24 Cr, PAT ₹26.07 Cr
  • Nirkon Industries Pvt. Ltd.: Revenue ₹74.08 Cr, PAT ₹16.21 Cr

26th Annual General Meeting

Date & Time: August 26, 2026 at 12:30 PM IST

Agenda Items:

Ordinary Business:

1. Adoption of audited standalone and consolidated financial statements for FY26

Special Business:

2. Regularization of appointment of Mr. Abdul Basith Shaikh as Executive Director

3. Approval of remuneration for Mr. Abdul Basith Shaikh at ₹27.04 Lakh per annum

4. Approval of aggregate remuneration up to ₹69.04 Lakh for executive and non-executive directors

5. Revision of remuneration for Mr. Khalid Khan, MD & CEO to ₹12.5 Lakh per month plus perquisites

6. Approval for loans/guarantees/security provision up to ₹40 Cr under Section 185

7. Approval for borrowing limits up to ₹300 Cr (fund and non-fund based)

Management Changes & Corporate Governance

Key Appointments:

  • Mr. Abdul Basith Shaikh appointed as Additional Director (Executive) from April 13, 2026
  • Ms. Usha Rani Ray appointed as Company Secretary & Compliance Officer from January 7, 2026
  • Mr. Suryasnata Rath appointed as CFO from March 20, 2026

Board Composition:

  • Dr. Khalid Khan (Managing Director & CEO)
  • Mr. Pravat Kumar Nandi (Executive Director)
  • Mrs. Parbati Priya Nandi (Executive Director)
  • Mrs. Bushra Khan (Non-Executive Director)
  • Three Independent Directors

Regulatory & Compliance Matters

  • Credit rating: IVR BBB+ (Stable) for Long-Term Bank Facilities, IVR A2 for Short-Term Facilities
  • Contingent Liabilities: Bank Guarantees ₹1.65 Cr, Income Tax Demands ₹3.66 Cr (under appeal)
  • CSR requirement: ₹30.88 lakhs, Actual spent: ₹55.00 lakhs
  • All audits conducted without qualifications or adverse remarks
  • Secretarial Audit: M/s. Biswajit Mahapatra & Associates
  • Statutory Audit: M/s. R K P & Associates (FRN: 322473E)

Important Dates

  • Book Closure: August 20, 2026 to August 26, 2026
  • E-voting period: August 22, 2026 (9:00 AM) to August 25, 2026 (5:00 PM)
  • Cut-off date for voting: August 19, 2026