MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-18-0069263
Associated Global Logistics Private Limited - transport and logistics in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹3 Cr
▲ 84% YoY
Net profit · FY 2025
₹54.38 Lakh
Net margin 18.1%
EBITDA · FY 2025
₹88.67 Lakh
EBITDA margin 29.5%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Company age
23 yrs
Est. 2003
Employees · EPFO
12
Provident fund records
Directors on board
4
As per MCA filings
About Associated Global Logistics Private Limited
Data last updated:
Associated Global Logistics Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Atc Global Logistics Private Limited. It operates in the carrying and forwarding agents (cfa) segment of the transport and logistics sector. It was incorporated on 30 June 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U63090MH2003PTC141100. Its GSTIN is 27AAECA5334L1ZK (Maharashtra). The company holds 7 GST registrations, of which 6 are active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹5 Lakh. It was formerly known as Associated Groupage Logistics Private Limited. It is led by directors including Shantanu Shriram Bhadkamkar and Mihir Shantanu Bhadkamkar.
Its last annual general meeting (AGM) was held on 22 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 901 Peninsula Tower Ganpatrao Kadam Marg Lower Parel, Mumbai, Maharashtra, India.
As per the financials filed for FY 2025, the company reported a revenue of ₹3 Cr, a growth of 84% compared to the previous year. For the same year it recorded a net profit of ₹54.38 Lakh (net margin 18.1%) and EBITDA of ₹88.67 Lakh (EBITDA margin 29.5%). Revenue has declined at a compounded annual rate (CAGR) of 54% over three years and 24% over five years.
The company has about 12 employees on its provident fund (EPFO) records.
Associated Global Logistics Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0069263). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website agl.co.in.
Company Details of Associated Global Logistics Private Limited
CIN U63090MH2003PTC141100
Registration Number 141100
Incorporation Date 30 June 2003
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 22 August 2025
Date of Balance Sheet 31 March 2025
Parent Company Atc Global Logistics Private Limited
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-18-0069263
Key People
Shantanu Shriram Bhadkamkar Director Mihir Shantanu Bhadkamkar Director Makarand Moreshwar Moghe Director Recognitions & Rankings of Associated Global Logistics
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address901 Peninsula Tower Ganpatrao Kadam Marg Lower Parel, Mumbai, Maharashtra, India
- IndustryTransport and Logistics, Carrying & Forwarding Agents (CFA)
Comprehensive company report
Associated Global Logistics 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
- One PDF report, delivered after checkout
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business Activity of Associated Global Logistics Private Limited
The main business activity of Associated Global Logistics is administrative and support service activities. In detail, this covers office administrative, office support and other business support activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Administrative and support service activities | 82 | Office administrative, office support and other business support activities | Locked |
Premium access
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 Associated Global Logistics Private Limited FY 2025 filings available
Associated Global Logistics Private Limited reported revenue of ₹3 Cr (up 84% YoY) for FY 2025.
Revenue · FY 2025
₹3 Cr ▲ 84%
Net profit · FY 2025
₹54.38 Lakh margin 18.1%
EBITDA · FY 2025
₹88.67 Lakh margin 29.5%
Compounded Annual Growth Rate (CAGR) of Associated Global Logistics Private Limited
Revenue CAGR growth
1 year
▲ 84%
3 years · compounded
▼ 54%
5 years · compounded
▼ 24%
EBITDA CAGR growth
1 year
▲ 43%
3 years · compounded
▼ 24%
5 years · compounded
▲ 27%
Revenue rose 84% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 24%. EBITDA rose 43% 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 Associated Global Logistics Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹88.67 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹54.38 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 Associated Global Logistics Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 29.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 18.1% | •••• | •••• | •••• | •••• |
| 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 Associated Global Logistics are in the company report.
Premium access
Financial statements from 2015
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.
Board of Directors of Associated Global Logistics Private Limited
Associated Global Logistics has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shantanu Shriram Bhadkamkar Also directs: Rotomatic Containers Private Limited, Allcargo Global Limited, Associated Container Line Private Limited and 5 more | Director | 30 Jun 2003 | 23 Years 3 Months | Current |
| Mihir Shantanu Bhadkamkar | Director | 01 Dec 2023 | 2 Years 10 Months | Current |
| Makarand Moreshwar Moghe Also directs: Associated Container Line Private Limited, Associated Warehousing Company P.Ltd., Atc Global Logistics Private Limited and 5 more | Director | 30 Jun 2003 | 23 Years 3 Months | Current |
| Ashutosh Laxman Sathe | Director | 30 Jun 2003 | 23 Years 3 Months | Current |
Peer Comparison of Associated Global Logistics Private Limited
Associated Global Logistics Private Limited is compared with the companies closest to it by revenue in the Transport and Logistics industry (Carrying and Forwarding Agents). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Imperial Container Lines Private Limited | ₹3.03 Cr (FY 2025) | •••• | •••• | -8.0% | •••• | Jaipur, Rajasthan, India |
| Paar Services Private Limited | ₹3.02 Cr (FY 2025) | •••• | •••• | -7.0% | •••• | Navi Mumbai, Maharashtra, India |
| Leo Security & Allied Services Private Limited | ₹3.01 Cr (FY 2025) | •••• | •••• | 60.0% | •••• | Chennai, Tamil Nadu, India |
| Omkar Freight Forwarders Private Limited | ₹3.01 Cr (FY 2025) | •••• | •••• | -19.0% | •••• | Thane, Maharashtra, India |
| Maxim Clearing & Shipping Forwarding Private Limited | ₹3.01 Cr (FY 2025) | •••• | •••• | -14.0% | •••• | Kolkata, West Bengal, India |
| Associated Global Logistics Private Limited this company | ₹3 Cr (FY 2025) | •••• | •••• | 84.0% | •••• | Mumbai, Maharashtra, India |
| Raakon World Logistics Private Limited | ₹3 Cr (FY 2024) | •••• | •••• | 1072.0% | •••• | Coimbatore, Tamil Nadu, India |
| Ivory Auto & Engineering Services Private Limited | ₹2.99 Cr (FY 2025) | •••• | •••• | -39.0% | •••• | Bangalore, Karnataka, India |
| Praful Cargo Private Limited | ₹2.95 Cr (FY 2025) | •••• | •••• | 66.0% | •••• | Indore, Madhya Pradesh, India |
| Sardesai Movers Private Limited | ₹2.93 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | Pune, Maharashtra, India |
| Sun Freight Logistics Private Limited | ₹2.92 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | Chennai, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Associated Global Logistics by revenue in the Transport and Logistics industry (Carrying and Forwarding Agents), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Associated Global Logistics Private Limited
Associated Global Logistics Private Limited is audited by PARVEEN LOKWANI & CO for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| PARVEEN LOKWANI & CO | Locked | Locked | Locked |
Premium access
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Associated Global Logistics Private Limited
Premium access
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 Associated Global Logistics Private Limited
Associated Global Logistics Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Associated Global Logistics Private Limited
Associated Global Logistics Private Limited has a workforce of 12 employees as of Mar 31, 2024.
Employee count
12
Active EPFO establishments
1
Employee growth
-14.29%
Premium access
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 Associated Global Logistics Private Limited
Associated Global Logistics Private Limited has 6 board changes on record since 2003: 4 appointments and 2 cessations. The latest: Mihir Shantanu Bhadkamkar ceased to be Additional Director on 21 Aug 2024.
AGM
Associated Global Logistics Private Limited last Annual general meeting of members was held on 22 Aug 2025 as per latest MCA records.
Filing
Associated Global Logistics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Ceased
Mihir Shantanu Bhadkamkar ceased to be Additional Director.
Appointed
Mihir Shantanu Bhadkamkar was appointed as Director.
Ceased
Ravindra Sadashiv Rajwade ceased to be Director.
Appointed
Ashutosh Laxman Sathe was appointed as Director.
Appointed
Makarand Moreshwar Moghe was appointed as Director.
Appointed
Shantanu Shriram Bhadkamkar was appointed as Director.
Incorporation
30 Jun 2003
Associated Global Logistics Private Limited was registered on 30 Jun 2003 with Roc Mumbai & aged 23 years 3 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Associated Global Logistics Private Limited
Premium access
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 Associated Global Logistics Private Limited
Premium access
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 Associated Global Logistics Private Limited
Premium access
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 Associated Global Logistics Private Limited
Associated Global Logistics has 7 GST registrations: 6 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
7
Active
6
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECA5334L1ZK | Maharashtra | Active | 01 Jul 2017 |
| 23AAECA5334L1ZS | Madhya Pradesh | Active | 26 Jul 2017 |
| 07AAECA5334L1ZM | Delhi | Active | 28 Jul 2017 |
| 19AAECA5334L1ZH | West Bengal | Active | 07 Aug 2017 |
Premium access
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 Associated Global Logistics Private Limited
Premium access
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 Associated Global Logistics Private Limited
Associated Global Logistics is an active private limited company based in Mumbai, Maharashtra, India. The company works in carrying and forwarding agents (cfa), within the transport and logistics industry. It was incorporated on 30 June 2003 (23+ years old) and is registered under CIN U63090MH2003PTC141100.
Associated Global Logistics reported revenue of ₹3 Cr for FY 2025 (up 84% YoY).
Associated Global Logistics has 4 current directors:
- Shantanu Shriram Bhadkamkar - Director
- Mihir Shantanu Bhadkamkar - Director
- Makarand Moreshwar Moghe - Director
- Ashutosh Laxman Sathe - Director
Associated Global Logistics reported a net profit of ₹54.38 Lakh (net margin 18.1%) and EBITDA of ₹88.67 Lakh (EBITDA margin 29.5%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Associated Global Logistics is -54% over three years and -24% over five years. In the latest year (FY 2025) revenue rose 84%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Associated Global Logistics is 27AAECA5334L1ZK, registered in Maharashtra. The company has 7 GST registrations in all, of which 6 are active and 1 is cancelled or inactive. Other active GSTINs include 23AAECA5334L1ZS (Madhya Pradesh), 07AAECA5334L1ZM (Delhi), 19AAECA5334L1ZH (West Bengal).
The CIN (Corporate Identification Number) of Associated Global Logistics is U63090MH2003PTC141100. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Associated Global Logistics was incorporated on 30 June 2003, making it 23+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Associated Global Logistics by revenue are Imperial Container Lines Private Limited, Paar Services Private Limited, Leo Security & Allied Services Private Limited, Omkar Freight Forwarders Private Limited, Maxim Clearing & Shipping Forwarding Private Limited and 5 more, all in the Transport and Logistics industry (Carrying and Forwarding Agents).
Mihir Shantanu Bhadkamkar ceased to be Additional Director on 21 Aug 2024. Mihir Shantanu Bhadkamkar was appointed as Director on 01 Dec 2023. Ravindra Sadashiv Rajwade ceased to be Director on 30 Sep 2020. Associated Global Logistics has 6 board changes on record in total.
Yes, Associated Global Logistics is registered as a small enterprise under Udyam registration (number: UDYAM-MH-18-0069263).