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About Destination Freight Solutions (India) Private Limited
Data last updated:
Destination Freight Solutions (India) Private Limited was a private limited company based in Chennai, Tamil Nadu, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the cold storage and warehousing services segment of the transport and logistics sector. It was incorporated on 20 December 2011.
The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U61200TN2011PTC083664. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It was led by directors Nagulesan Nagunthan (Managing Director) and Nagunthan Mathumai.
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at Chennai, Tamil Nadu.
As per the financials filed for FY 2016, the company reported a revenue of ₹10.84 Cr, a decline of 40% compared to the previous year. For the same year it recorded a net profit of ₹20.04 Lakh (net margin 1.8%) and EBITDA of ₹45.46 Lakh (EBITDA margin 4.2%).
Court records list 6 cases involving the company, including 6 filed against it.
The last known website on record is destinationfreightsolutions.com.
- EmailLocked
- TelephoneLocked
- Social MediaLocked
- Registered AddressDoor No. 37/2 3rd Floor Bwc Towers North Beach Road 3rd Lane Clive Batter, Y, Chennai, Tamil Nadu, India – 600001
- IndustryTransport and Logistics, Cold Storage & Warehousing Services, Cargo 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 Destination Freight Solutions (India) Private Limited
The main business activity of Destination Freight Solutions (India) is transport and storage. In detail, this covers services incidental to land, water & air transportation.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| H | Transport and storage | H5 | Services incidental to land, water & air transportation | 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 Destination Freight Solutions (India) Private Limited FY 2016 filings available
Destination Freight Solutions (India) Private Limited reported revenue of ₹10.84 Cr (down 40% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR) of Destination Freight Solutions (India) Private Limited
Revenue fell 40% in the latest year. EBITDA rose 50% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Destination Freight Solutions (India) Private Limited
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| 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 | ₹45.46 Lakh | •••• |
| Profit Before Tax | •••• | •••• |
| Tax Expense | •••• | •••• |
| Net Profit (PAT) | ₹20.04 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 Destination Freight Solutions (India) Private Limited
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 4.2% | •••• |
| Net Profit Margin | 1.8% | •••• |
| 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 Destination Freight Solutions (India) are in the company report.
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 Destination Freight Solutions (India) Private Limited
Destination Freight Solutions (India) has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nagulesan Nagunthan | Managing Director | 20 Dec 2011 | 14 Years 10 Months | As last reported |
| Nagunthan Mathumai | Additional Director | 07 Apr 2017 | 9 Years 6 Months | As last reported |
Peer Comparison of Destination Freight Solutions (India) Private Limited
Destination Freight Solutions (India) Private Limited is compared with the companies closest to it by revenue in the Transport and Logistics industry (Bulk Cargo and Container, Cold Storage and Warehousing). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ganga Banijya Warehousing Pvt Ltd | ₹10.93 Cr (FY 2025) | •••• | •••• | -5.0% | •••• | Assam, India |
| Centurion Industries Private Limited | ₹10.88 Cr (FY 2024) | •••• | •••• | -20.0% | •••• | New Delhi, Delhi, India |
| Dahnay Tuticorin Terminal Private Limited | ₹10.88 Cr (FY 2025) | •••• | •••• | -12.0% | •••• | Chennai, Tamil Nadu, India |
| Afloat Container Lines India Private Limited | ₹10.86 Cr (FY 2025) | •••• | •••• | 148.0% | •••• | Thane, Maharashtra, India |
| Bagnan Infra Projects Private Limited | ₹10.85 Cr (FY 2024) | •••• | •••• | 4.0% | •••• | Kolkata, West Bengal, India |
| Destination Freight Solutions (India) Private Limited this company | ₹10.84 Cr (FY 2016) | •••• | •••• | -40.0% | •••• | Chennai, Tamil Nadu, India |
| GNR Cold Storage Private Limited | ₹10.81 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Secunderabad, Telangana, India |
| Novus Cargo Solutions Private Limited | ₹10.78 Cr (FY 2025) | •••• | •••• | -4.0% | •••• | Thiruvananthapuram, Kerala, India |
| Allstar Shipping Private Limited | ₹10.78 Cr (FY 2025) | •••• | •••• | 16.0% | •••• | Navi Mumbai, Maharashtra, India |
| Premier Coach and Synthetic Products Private Limited | ₹10.78 Cr (FY 2024) | •••• | •••• | 18.0% | •••• | Ida Uppal Hyderabad, Telangana, India |
| Prudent Logistics Solutions Private Limited | ₹10.71 Cr (FY 2025) | •••• | •••• | 22.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Destination Freight Solutions (India) by revenue in the Transport and Logistics industry (Bulk Cargo and Container, Cold Storage and Warehousing), 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 Destination Freight Solutions (India) Private Limited
Destination Freight Solutions (India) Private Limited is audited by P HARI BABU ASSOCIATES for the financial year 2015.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| P HARI BABU ASSOCIATES | Locked | Locked | Locked |
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 Destination Freight Solutions (India) 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 Destination Freight Solutions (India) Private Limited
Destination Freight Solutions (India) Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Destination Freight Solutions (India) Private Limited
Destination Freight Solutions (India) Private Limited has 6 court cases on record: 6 filed against it. All cases are disposed. Status as checked between 28 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 6 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chennai, Tamil Nadu | Criminal complaint | Filed against the company by HDFC Bank Limited | Disposed |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Poonawalla Fincorp Limited | Disposed |
| District court, Chennai, Tamil Nadu | Criminal case | Filed against the company by M/S.Tata Capital Financial Service Ltd | Disposed |
| District court, Chennai, Tamil Nadu | Criminal complaint | Filed against the company by M/S.Tata Capital Financial Service Ltd | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Kotak Mahindra Bank | Disposed |
Full case history
All 6 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 Destination Freight Solutions (India) Private Limited
Destination Freight Solutions (India) Private Limited has a workforce of 0 employees as of Apr 07, 2024.
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 Destination Freight Solutions (India) Private Limited
Destination Freight Solutions (India) Private Limited has 4 board changes on record since 2011: 2 appointments and 2 cessations. The latest: Nagunthan Mathumai was appointed as Additional Director on 07 Apr 2017.
Credit Ratings, Litigation & Regulatory Alerts for Destination Freight Solutions (India) 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 Destination Freight Solutions (India) 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 Destination Freight Solutions (India) 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 Destination Freight Solutions (India) Private Limited
Destination Freight Solutions (India) has 1 GST registration on record, and it has been cancelled or is 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 Destination Freight Solutions (India) 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 Destination Freight Solutions (India) Private Limited
Destination Freight Solutions (India) has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Destination Freight Solutions (India) was a private limited company based in Chennai, Tamil Nadu, India. The company worked in cold storage and warehousing services, within the transport and logistics industry. It was incorporated on 20 December 2011 and is registered under CIN U61200TN2011PTC083664. The company has been struck off by the Registrar of Companies and is no longer operational.
Destination Freight Solutions (India) had 2 directors:
- Nagulesan Nagunthan - Managing Director
- Nagunthan Mathumai - Additional Director
The CIN (Corporate Identification Number) of Destination Freight Solutions (India) is U61200TN2011PTC083664. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Destination Freight Solutions (India) is at Door No. 372 3rd Floor Bwc Towers North Beach Road 3rd Lane Clive Batter, Y, Chennai, Tamil Nadu, India – 600001.
Destination Freight Solutions (India) was incorporated on 20 December 2011. It is registered with the Registrar of Companies, Chennai.
Destination Freight Solutions (India) can be reached through the website destinationfreightsolutions.com. Its registered office is in Chennai, Tamil Nadu, India.
Destination Freight Solutions (India) reported revenue of ₹10.84 Cr for FY 2016 (down 40% YoY).
Destination Freight Solutions (India) has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh.
Destination Freight Solutions (India) reported a net profit of ₹20.04 Lakh (net margin 1.8%) and EBITDA of ₹45.46 Lakh (EBITDA margin 4.2%) for FY 2016, as per its filed financial statements.
No. Destination Freight Solutions (India) has 1 GST registration on record and it is cancelled or inactive.