Asset Express Cargo Private Limited
About Asset Express Cargo Private Limited
Data last updated:
Asset Express Cargo Private Limited is a private limited company based in Nashik, Maharashtra, India. It operates in the transportation and logistics segment of the transportation sector. It was incorporated on 23 March 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U63000MH2017PTC292899. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Usha Narendra Kothari and Abhay Narendra Kothari.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Cts 632/A Doctor House Basement Near Ashok Stambh, Nashik, Maharashtra, India – 422001.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.51 Cr, a growth of 14% compared to the previous year. For the same year it recorded a net profit of ₹1.53 Lakh (net margin 0.6%) and EBITDA of ₹3.42 Lakh (EBITDA margin 1.4%). Revenue has declined at a compounded annual rate (CAGR) of 11% over three years and 4% over five years.
Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressCts 632/A Doctor House Basement Near Ashok Stambh, Nashik, Maharashtra, India – 422001
- IndustryTransportation, Transportation Services
- 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
- One PDF report, delivered after checkout
Business Activity of Asset Express Cargo Private Limited
The main business activity of Asset Express Cargo is transportation and storage. In detail, this covers postal and courier activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| H | Transportation and storage | 53 | Postal and courier activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Asset Express Cargo Private Limited FY 2025 filings available
Asset Express Cargo Private Limited reported revenue of ₹2.51 Cr (up 14% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Asset Express Cargo Private Limited
Revenue rose 14% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 4%. EBITDA fell 7% 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 of Asset Express Cargo Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹3.42 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.53 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 of Asset Express Cargo Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.6% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Asset Express Cargo are in the company report.
Financial statements from FY 2017
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Asset Express Cargo Private Limited
Asset Express Cargo Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Postal and courier activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Avs2 Sunrise India Private Limited | ₹2.72 Cr (FY 2024) | •••• | •••• | 160.0% | •••• | Delhi, India |
| Progressive Courier Servicees Private Limited | ₹2.72 Cr (FY 2025) | •••• | •••• | -14.0% | •••• | Bangalore, Karnataka, India |
| Mahaseth Couriers Private Limited | ₹2.7 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | Navi Mumbai, Maharashtra, India |
| Inline Shipping Agency Private Limited | ₹2.65 Cr (FY 2025) | •••• | •••• | -37.0% | •••• | Navi Mumbai, Maharashtra, India |
| Skyjet Xpress Services Private Limited | ₹2.64 Cr (FY 2025) | •••• | •••• | 80.0% | •••• | Navi Mumbai, Maharashtra, India |
| Asset Express Cargo Private Limited this company | ₹2.51 Cr (FY 2024) | •••• | •••• | 14.0% | •••• | Nashik, Maharashtra, India |
| RRSM Global Services Private Limited | ₹2.43 Cr (FY 2025) | •••• | •••• | 183.0% | •••• | Delhi, India |
| Crown Courier Private Limited | ₹2.41 Cr (FY 2024) | •••• | •••• | 36.0% | •••• | New Delhi, Delhi, India |
| Boxize Express and Cargo Private Limited | ₹2.3 Cr (FY 2025) | •••• | •••• | 38.0% | •••• | Vasai, Maharashtra, India |
| Competent Cargo Private Limited | ₹2.29 Cr (FY 2025) | •••• | •••• | -20.0% | •••• | New Delhi, Delhi, India |
| Sunmeet Logistic Private Limited | ₹2.29 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Asset Express Cargo by revenue in the same principal business activity (Postal and courier activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Asset Express Cargo Private Limited
Asset Express Cargo has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Usha Narendra Kothari | Director | 23 Mar 2017 | 9 Years 6 Months | Current |
| Abhay Narendra Kothari Also directs: Asset Logistics & Express Private Limited | Director | 01 Sep 2021 | 5 Years 1 Months | Current |
Ownership and Shareholding of Asset Express Cargo Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Asset Express Cargo Private Limited
Asset Express Cargo Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Asset Express Cargo Private Limited
Asset Express Cargo Private Limited has 1 court case on record: 1 filed by Asset Express Cargo. All case is pending. Status as checked on 01 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Nashik, Maharashtra | Civil suit | Filed by the company against A M P M Logisticks Pvt.Ltd | Pending |
Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Employees and EPFO Compliance at Asset Express Cargo Private Limited
Employment history and EPFO contributions of people linked to Asset Express Cargo.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Asset Express Cargo Private Limited
Asset Express Cargo Private Limited has 3 board changes on record since 2017: 2 appointments and 1 cessation. The latest: Abhay Narendra Kothari was appointed as Director on 01 Sep 2021.
Credit Ratings, Litigation & Regulatory Alerts for Asset Express Cargo Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Asset Express Cargo Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Asset Express Cargo Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Asset Express Cargo Private Limited
Asset Express Cargo has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Asset Express Cargo Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Asset Express Cargo Private Limited
Asset Express Cargo is an active private limited company based in Nashik, Maharashtra, India. The company works in transportation services, within the transportation industry. It was incorporated on 23 March 2017 (9+ years old) and is registered under CIN U63000MH2017PTC292899.
Asset Express Cargo reported revenue of ₹2.51 Cr for FY 2024 (up 14% YoY).
Asset Express Cargo has 2 current directors:
- Usha Narendra Kothari - Director
- Abhay Narendra Kothari - Director
Asset Express Cargo reported a net profit of ₹1.53 Lakh (net margin 0.6%) and EBITDA of ₹3.42 Lakh (EBITDA margin 1.4%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Asset Express Cargo is 11% over three years and -4% over five years. In the latest year (FY 2024) revenue rose 14%. CAGR is the steady yearly rate that links the first and the last year.
No. Asset Express Cargo has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Asset Express Cargo is U63000MH2017PTC292899. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Asset Express Cargo has 1 court case on record: 1 filed by the company. 1 is pending.
Asset Express Cargo was incorporated on 23 March 2017, making it 9+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Asset Express Cargo by revenue are Avs2 Sunrise India Private Limited, Progressive Courier Servicees Private Limited, Mahaseth Couriers Private Limited, Inline Shipping Agency Private Limited, Skyjet Xpress Services Private Limited and 5 more, all in the same principal business activity (Postal and courier activities).
Abhay Narendra Kothari was appointed as Director on 01 Sep 2021. Tejaswi Sachin Borate ceased to be Director on 01 Sep 2021. Usha Narendra Kothari was appointed as Director on 23 Mar 2017.