Fleet Management India Private Limited

Fleet Management India Private Limited - transport and logistics in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U35110MH1998PTC117092 Incorporated 11 November 1998 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company transport and logistics MSME
Data last updated
Revenue · FY 2025
₹436.61 Cr
▲ 9% YoY
Net profit · FY 2025
₹19.58 Cr
Net margin 4.5%
EBITDA · FY 2025
₹44.09 Cr
EBITDA margin 10.1%
Authorised capital
₹35 Cr
Registered with MCA
Paid-up capital
₹28.91 Cr
Issued & subscribed
Company age
28 yrs
Est. 1998
Employees · EPFO
383
Provident fund records
Directors on board
3
As per MCA filings

About Fleet Management India Private Limited

Data last updated:

Fleet Management India Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Fleet Ship Management Pte. Limited. It operates in the shipping and maritime services segment of the transport and logistics sector. It was incorporated on 11 November 1998 and has been in existence for over 28 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U35110MH1998PTC117092. Its GSTIN is 27AAACF3504B1ZC (Maharashtra). The company holds 4 GST registrations, all of them active.

The company has an authorised share capital of ₹35 Cr and a paid-up capital of ₹28.91 Cr. It is led by directors Pradeep Tukaram More and Ravikumar Lakshmipathy.

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 A Elegant Business Park, Mumbai, Maharashtra.

As per the financials filed for FY 2025, the company reported a revenue of ₹436.61 Cr, a growth of 9% compared to the previous year. For the same year it recorded a net profit of ₹19.58 Cr (net margin 4.5%) and EBITDA of ₹44.09 Cr (EBITDA margin 10.1%). Revenue has grown at a compounded annual rate (CAGR) of 89% over three years and 54% over five years.

The company has about 383 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.

Court records list 8 cases involving the company, including 1 filed by the company and 7 filed against it; 2 cases are pending. The company has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹20.47 Cr; the latest was in November 2014. The company has 11 MSME Form 1 returns on record between 2019 and 2024, listing 271 overdue payments to 33 micro and small suppliers.

Fleet Management India Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-MH-18-0052633). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website fleetship.com.

Company details

CIN U35110MH1998PTC117092
Registration Number 117092
Incorporation Date 11 November 1998
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Fleet Ship Management Pte. Limited
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-MH-18-0052633
Key People
Pradeep Tukaram More Director Ravikumar Lakshmipathy Director Avani Pradeep Kothari Company Secretary

Recognitions & Rankings of Fleet Management India

MSME (Udyam registered) Ministry of MSME
Udyam number
UDYAM-MH-18-0052633

Contact details

Fleet Management India Private Limited's registered office is in Mumbai, Maharashtra. Its website is fleetship.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    fleetship.com
  • Social Media
  • Registered Address
    601/A Elegant Business Park Off Andheri – Kurla Road Nr. Kohinoor Continental Hotel And, Heri(East), Mumbai, Maharashtra, India – 400059
  • Industry
    Transport and Logistics, Shipping & Maritime Services

To see the full contact details of Fleet Management India Private Limited, buy the company report.

Comprehensive company report
Fleet Management India 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 Fleet Management India is support service to organizations. In detail, this covers other support services to organizations.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
NSupport service to OrganizationsN7Other support services to organizations

To see the full business activity and turnover split of Fleet Management India Private Limited, buy the company report.

Financials of Fleet Management India Private Limited

FY 2025 filings available

Fleet Management India Private Limited reported revenue of ₹436.61 Cr (up 9% YoY) for FY 2025.

Revenue · FY 2025
₹436.61 Cr ▲ 9%
Net profit · FY 2025
₹19.58 Cr margin 4.5%
EBITDA · FY 2025
₹44.09 Cr margin 10.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 9%
3 years · compounded
▲ 89%
5 years · compounded
▲ 54%
EBITDA CAGR growth
1 year
▲ 11%

Revenue has grown at a compounded annual rate (CAGR) of 54% over five years, including 9% growth in the latest year. EBITDA rose 11% 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 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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₹44.09 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹19.58 Cr
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 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin10.1%
Net Profit Margin4.5%
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 Fleet Management India Private Limited, buy the company report.

Board of directors and KMP of Fleet Management India Private Limited

Fleet Management India Private Limited currently reports 2 directors and 1 key managerial person. 12 former directors have served the organization.

Current Directors and KMP
NameDesignationAppointment DateTenureStatus
Pradeep Tukaram More
Also directs: Transworld Fleet Management India Private Limited, Elegant Marine Services Private Limited
Director05 Jun 200422 Years 4 MonthsCurrent
Ravikumar Lakshmipathy
Also directs: Transworld Fleet Management India Private Limited, Elegant Marine Services Private Limited, Caravel Resources (India) Private Limited and 1 more
Director22 Aug 201610 Years 2 MonthsCurrent
Avani Pradeep KothariCompany Secretary01 Sep 20233 Years 2 MonthsCurrent
View all directors and KMP

Auditor

Fleet Management India Private Limited is audited by Kirtane & Pandit LLP for the financial year 2022.

Auditor firmFinancial yearFirm registration number
Kirtane & Pandit LLPFY 2022105215W/ W100057

Shareholding

The shareholding of Fleet Management India Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Fleet Management India Private Limited, buy the company report.

Deals & funding

Fleet Management India Private Limited has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹20.47 Cr; the latest was in November 2014.

Total deals
3
Secondary share transfers
2
Funding round
1
Disclosed funding
₹20.47 Cr

Deals on record (3 of 3)

WhenDealAmountParties
Nov 2014Secondary share transferUndisclosedBuyer: Ansella Limited
Seller: 2 individuals
Oct 2010Secondary share transferUndisclosedBuyer: Fleet Ship Management Pte Ltd
Seller: an individual
Jan 2010Funding round₹20.47 CrInvestors: Fleet Ship Management Pte Ltd, 3 individuals

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

Fleet Management India Private Limited has 11 MSME Form 1 returns on record between 2019 and 2024, listing 271 overdue payments to 33 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (5 of 33)

SupplierAmount dueDue sinceReported on
an individual supplier
Mahavir Syspower Private Limited
Aurafox Solutions Private Limited
an individual supplier
Tech Visit Computer

To see the full MSME payment records of Fleet Management India Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Group structure & subsidiaries

Fleet Management India has 2 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.

2
Subsidiary companies
Key subsidiaries
Company NameCINShares held
Elegant Marine Services Private LimitedU74900MH2009PTC195052
Fleet Management Maritime Education AcademyU80902MH2017NPL294072

To see the full group structure of Fleet Management India Private Limited, buy the company report.

Employees & EPFO

Fleet Management India Private Limited has a workforce of 383 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.

Employee count
383
Active EPFO establishments
1
Employee growth
9.43%

GST

Fleet Management India has 4 GST registrations: 4 active.

Total GSTINs
4
Active
4
GSTINStateStatusRegistered on
27AAACF3504B1ZCMaharashtraActive01 Jul 2017
27AADCF0760E1ZZMaharashtraActive02 Aug 2022
06AAACF3504B1ZGHaryanaActive01 Jul 2017
33AAACF3504B1ZJTamil NaduActive01 Jul 2017

To see the full GST registrations and return filing status of Fleet Management India Private Limited, buy the company report.

Recent activity

Fleet Management India Private Limited has 10 board changes on record since 2004: 3 appointments and 7 cessations. The latest: Avani Pradeep Kothari was appointed as Company Secretary on 01 Sep 2023.

AGM
Fleet Management India Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Fleet Management India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Appointed
Avani Pradeep Kothari was appointed as Company Secretary.
Ceased
Brahma Sheo Bharat Singh Mall ceased to be Director.
Ceased
Ravikumar Lakshmipathy ceased to be Additional Director.
Appointed
Ravikumar Lakshmipathy was appointed as Director.
Ceased
Avani Pradeep Kothari ceased to be Company Secretary.
Ceased
Gautam Kashyap ceased to be Director.
Ceased
Vinay Asthana ceased to be Additional Director.
Ceased
Romie Dara Umrigar ceased to be Director.
Ceased
Anant Shripad Gude ceased to be Company Secretary.
Appointed
Pradeep Tukaram More was appointed as Director.

1 earlier event is in the company report.

News

Frequently asked questions

Fleet Management India is an active private limited company based in Mumbai, Maharashtra, India. The company works in shipping and maritime services, within the transport and logistics industry. It was incorporated on 11 November 1998 (28+ years old) and is registered under CIN U35110MH1998PTC117092.

Fleet Management India has 3 current directors and KMP:

The latest financial statements of Fleet Management India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Fleet Management India is 27AAACF3504B1ZC, registered in Maharashtra. The company has 4 GST registrations in all, of which 4 are active. Other active GSTINs include 27AADCF0760E1ZZ (Maharashtra), 06AAACF3504B1ZG (Haryana), 33AAACF3504B1ZJ (Tamil Nadu).

The CIN (Corporate Identification Number) of Fleet Management India is U35110MH1998PTC117092. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Fleet Management India has 8 court cases on record: 1 filed by the company and 7 filed against it. 2 are pending. Most are in the district courts.

Fleet Management India was incorporated on 11 November 1998, making it 28+ years old. It is registered with the Registrar of Companies, Mumbai.

Fleet Management India has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹20.47 Cr; the latest was in November 2014.

Avani Pradeep Kothari was appointed as Company Secretary on 01 Sep 2023. Brahma Sheo Bharat Singh Mall ceased to be Director on 17 Aug 2018. Ravikumar Lakshmipathy ceased to be Additional Director on 30 Sep 2016. Fleet Management India has 10 board changes on record in total.

Yes, Fleet Management India is registered as an MSME under Udyam registration (number: UDYAM-MH-18-0052633).

Fleet Management India has 11 MSME Form 1 returns on record between 2019 and 2024, listing 271 overdue payments to 33 micro and small suppliers. The latest return was filed on 29 Apr 2024.