Akshayam Clearing & Forwarding Private Limited

Akshayam Clearing & Forwarding Private Limited - business services in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U74900MH2016PTC272749 Incorporated 05 February 2016 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company business services MSME · Micro
Data last updated
Revenue · FY 2022
₹1.81 Cr
▲ 96% YoY
Net profit · FY 2022
₹3.72 Lakh
Net margin 2%
EBITDA · FY 2022
₹4.45 Lakh
EBITDA margin 2.5%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
10 yrs
Est. 2016
Directors on board
2
As per MCA filings
GST registrations
1
None active

About Akshayam Clearing & Forwarding Private Limited

Data last updated:

Akshayam Clearing & Forwarding Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the diversified business activities segment of the business services sector. It was incorporated on 05 February 2016 and has been in existence for over 10 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74900MH2016PTC272749. The company has 1 GST registration on record, which is no longer active.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 Kandasamy Krishnan Devendran and Joseph.

Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Mumbai, Maharashtra.

As per the financials filed for FY 2022, the company reported a revenue of ₹1.81 Cr, a growth of 96% compared to the previous year. For the same year it recorded a net profit of ₹3.72 Lakh (net margin 2%) and EBITDA of ₹4.45 Lakh (EBITDA margin 2.5%).

Akshayam Clearing & Forwarding Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0186205). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U74900MH2016PTC272749
Registration Number 272749
Incorporation Date 05 February 2016
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2022
Date of Balance Sheet 31 March 2022
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-19-0186205

Recognitions & Rankings of Akshayam Clearing & Forwarding

MSME (Udyam registered) Ministry of MSME
Category
Micro (2023-24)
Udyam number
UDYAM-MH-19-0186205

Contact details

Akshayam Clearing & Forwarding Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.

  • Email
  • Registered Address
    A – A1 Ground Flr Plot – 1 A Wing Indira Nagar Chs Jaishankar Yagnik Rd. Gtb Nagar Sion K, Oliwada, Mumbai, Maharashtra, India – 400037
  • Industry
    Business Services, Miscellaneous Business Activities

To see the full contact details of Akshayam Clearing & Forwarding Private Limited, buy the company report.

Comprehensive company report
Akshayam Clearing & Forwarding Private Limited - one report that includes everything
  • 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Business activity

The main business activity of Akshayam Clearing & Forwarding is transport and storage. In detail, this covers postal & courier activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
HTransport and storageH7Postal & Courier activities

To see the full business activity and turnover split of Akshayam Clearing & Forwarding Private Limited, buy the company report.

Financials of Akshayam Clearing & Forwarding Private Limited

FY 2022 filings available

Akshayam Clearing & Forwarding Private Limited reported revenue of ₹1.81 Cr (up 96% YoY) for FY 2022.

Revenue · FY 2022
₹1.81 Cr ▲ 96%
Net profit · FY 2022
₹3.72 Lakh margin 2%
EBITDA · FY 2022
₹4.45 Lakh margin 2.5%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 96%
EBITDA CAGR growth
1 year
▲ 105%
3 years · compounded
▲ 43%
5 years · compounded
▲ 42%

Revenue rose 96% in the latest year. EBITDA rose 105% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹4.45 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹3.72 Lakh
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

MetricsFY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Profitability
EBITDA Margin2.5%
Net Profit Margin2%
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 Akshayam Clearing & Forwarding Private Limited, buy the company report.

Board of directors of Akshayam Clearing & Forwarding Private Limited

Akshayam Clearing & Forwarding has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Kandasamy Krishnan DevendranDirector05 Feb 201610 Years 8 MonthsCurrent
JosephDirector05 Feb 201610 Years 8 MonthsCurrent

Peer comparison

Akshayam Clearing & Forwarding Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (postal & courier activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
STG Worldwide Express Private Limited₹1.88 Cr (FY 2025)-18.0%New Delhi, Delhi, India
Woriox India Logistics Private Limited₹1.85 Cr (FY 2022)75.0%Bangalore, Karnataka, India
Speed Globe Logistics Private Limited₹1.84 Cr (FY 2025)31.0%New Delhi, Delhi, India
Tmwe India Private Limited₹1.83 Cr (FY 2024)456.0%Pritampura, Delhi, India
Wavetech Logistic Private Limited₹1.82 Cr (FY 2024)39.0%Hathras, Uttar Pradesh, India
Akshayam Clearing & Forwarding Private Limitedthis company₹1.81 Cr (FY 2022)₹3.72 Lakh2%96.0%Mumbai, Maharashtra, India
Winger Express Private Limited₹1.78 Cr (FY 2024)7.0%Greater Noida, Uttar Pradesh, India
HP Courier & Logistic Private Limited₹1.77 Cr (FY 2022)138.0%Ahmedabad, Gujarat, India
Jayanti Express Private Limited₹1.77 Cr (FY 2024)119.0%Patna, Bihar, India
Ship-Local Logistics Private Limited₹1.76 Cr (FY 2024)10.0%Mumbai, Maharashtra, India
Chhabra Cargo Service Private Limited₹1.75 Cr (FY 2025)2.0%Jaipur, Rajasthan, India

To see the full peer comparison of Akshayam Clearing & Forwarding Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Akshayam Clearing & Forwarding Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Akshayam Clearing & Forwarding has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.

Total GSTINs
1
Cancelled / inactive
1

To see the full GST registrations and return filing status of Akshayam Clearing & Forwarding Private Limited, buy the company report.

Recent activity

Akshayam Clearing & Forwarding Private Limited has 3 board changes on record since 2016: 2 appointments and 1 cessation. The latest: Sivaprakasam Pillai ceased to be Director on 04 May 2019.

AGM
Akshayam Clearing & Forwarding Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.
Filing
Akshayam Clearing & Forwarding Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Mumbai.
Ceased
Sivaprakasam Pillai ceased to be Director.
Appointed
Joseph was appointed as Director.
Appointed
Kandasamy Krishnan Devendran was appointed as Director.
Incorporation
05 Feb 2016
Akshayam Clearing & Forwarding Private Limited was registered on 05 Feb 2016 with Roc Mumbai & aged 10 years 8 months as per MCA records.

Frequently asked questions

Akshayam Clearing & Forwarding is an active private limited company based in Mumbai, Maharashtra, India. The company works in miscellaneous business activities, within the business services industry. It was incorporated on 05 February 2016 (10+ years old) and is registered under CIN U74900MH2016PTC272749.

Akshayam Clearing & Forwarding has 2 current directors:

The latest financial statements of Akshayam Clearing & Forwarding on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from FY 2016 are in the company report.

No. Akshayam Clearing & Forwarding has 1 GST registration on record and it is cancelled or inactive.

The CIN (Corporate Identification Number) of Akshayam Clearing & Forwarding is U74900MH2016PTC272749. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Akshayam Clearing & Forwarding was incorporated on 05 February 2016, making it 10+ years old. It is registered with the Registrar of Companies, Mumbai.

The peers of Akshayam Clearing & Forwarding by revenue are STG Worldwide Express Private Limited, Woriox India Logistics Private Limited, Speed Globe Logistics Private Limited, Tmwe India Private Limited, Wavetech Logistic Private Limited and 5 more, all in the same principal business activity (postal & courier activities).

Sivaprakasam Pillai ceased to be Director on 04 May 2019. Joseph was appointed as Director on 05 Feb 2016. Kandasamy Krishnan Devendran was appointed as Director on 05 Feb 2016.

Yes, Akshayam Clearing & Forwarding is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-19-0186205).

The registered office of Akshayam Clearing & Forwarding is at A – A1 Ground Flr Plot – 1 A Wing Indira Nagar Chs Jaishankar Yagnik Rd. Gtb Nagar Sion K, Oliwada, Mumbai, Maharashtra, India – 400037.

Akshayam Clearing & Forwarding operates in the business services industry, in the miscellaneous business activities segment.