About FTL Cargo Solutions Private Limited
Data last updated:
FTL Cargo Solutions Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the integrated logistics and supply chain solutions segment of the transport and logistics sector. It was incorporated on 15 December 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U74900PN2010PTC138002. Its GSTIN is 27AABCF6565D2ZN (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Chausar Bai Mehana and Mukta Mehna Ambesh.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Pune, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹32.68 Lakh, a decline of 76% compared to the previous year. For the same year it recorded a net loss of ₹13.99 Lakh (net margin -42.8%) and EBITDA of -₹11.81 Lakh (EBITDA margin -36.1%). Revenue has declined at a compounded annual rate (CAGR) of 15% over five years.
Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ftlcargo.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressFlat No 301 3rd Floor 33 Jeevan Chhaya Lic Colony Near Bedekar Ganpati Mandir, Paud Road, Pune, Maharashtra, India – 411038
- IndustryTransport and Logistics, Integrated & Diversified Logistics 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 FTL Cargo Solutions Private Limited
The main business activity of FTL Cargo Solutions 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 FTL Cargo Solutions Private Limited FY 2024 filings available
FTL Cargo Solutions Private Limited reported revenue of ₹32.68 Lakh (down 76% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of FTL Cargo Solutions Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 15% over five years, including a 76% fall in the latest year. EBITDA fell 166% 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 FTL Cargo Solutions 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 | -₹11.81 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹13.99 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 FTL Cargo Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -36.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -42.8% | •••• | •••• | •••• | •••• |
| 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 FTL Cargo Solutions 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.
Peer Comparison of FTL Cargo Solutions Private Limited
FTL Cargo Solutions Private Limited is compared with the companies closest to it by revenue in the Transport and Logistics industry (Diversified Logistics). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Overseas Express Consolidators Private Limited | ₹33.05 Lakh (FY 2024) | •••• | •••• | -30.0% | •••• | Bengaluru, Karnataka, India |
| Balabantaray Transport and Minerals Private Limited | ₹33.01 Lakh (FY 2024) | •••• | •••• | -47.0% | •••• | Bhubaneswar, Odisha, India |
| Asthavinayak Logistics Private Limited | ₹32.9 Lakh (FY 2016) | •••• | •••• | •••• | Pune, Maharashtra, India | |
| Puneji Overseas (OPC) Private Limited | ₹32.88 Lakh (FY 2025) | •••• | •••• | -37.0% | •••• | Kolkata, West Bengal, India |
| Anax Air Services Private Limited | ₹32.72 Lakh (FY 2023) | •••• | •••• | 1240.0% | •••• | New Delhi, Delhi, India |
| FTL Cargo Solutions Private Limited this company | ₹32.68 Lakh (FY 2024) | •••• | •••• | -76.0% | •••• | Pune, Maharashtra, India |
| Gemeva Travels and Transport Service Private Limited | ₹32.66 Lakh (FY 2024) | •••• | •••• | 26.0% | •••• | Gurugram, Haryana, India |
| Marcedes Global Logistics and Shipping Private Limited | ₹32.56 Lakh (FY 2021) | •••• | •••• | •••• | Hyderabad, Telangana, India | |
| Starxpress Logistics Private Limited | ₹32.52 Lakh (FY 2021) | •••• | •••• | •••• | Chennai, Tamil Nadu, India | |
| Transwater Logistics Private Limited | ₹32.49 Lakh (FY 2024) | •••• | •••• | -92.0% | •••• | Delhi, India |
| Logislink Estate Private Limited | ₹32.47 Lakh (FY 2025) | •••• | •••• | -30.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below FTL Cargo Solutions by revenue in the Transport and Logistics industry (Diversified Logistics), 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 FTL Cargo Solutions Private Limited
FTL Cargo Solutions Private Limited is audited by JOSHI HARDIKAR & CO for the financial year 2018.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| JOSHI HARDIKAR & CO | 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.
Board of Directors of FTL Cargo Solutions Private Limited
FTL Cargo Solutions has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chausar Bai Mehana | Director | 31 May 2021 | 5 Years 4 Months | Current |
| Mukta Mehna Ambesh | Director | 01 Feb 2011 | 15 Years 8 Months | Current |
Ownership and Shareholding of FTL Cargo Solutions 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 FTL Cargo Solutions Private Limited
FTL Cargo Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of FTL Cargo Solutions Private Limited
FTL Cargo Solutions Private Limited has 1 court case on record: 1 filed against it. All case is disposed. Status as checked on 30 Sep 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Civil suit | Filed against the company by State of Maharashtra | Disposed |
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 FTL Cargo Solutions Private Limited
Employment history and EPFO contributions of people linked to FTL Cargo Solutions.
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 FTL Cargo Solutions Private Limited
FTL Cargo Solutions Private Limited has 5 board changes on record since 2011: 2 appointments and 3 cessations. The latest: Ambesh Moolchand Mehna ceased to be Director on 14 Aug 2024.
Credit Ratings, Litigation & Regulatory Alerts for FTL Cargo Solutions 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 FTL Cargo Solutions 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 FTL Cargo Solutions 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 FTL Cargo Solutions Private Limited
FTL Cargo Solutions has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCF6565D2ZN | Maharashtra | Active | 31 Jul 2017 |
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 FTL Cargo Solutions 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 FTL Cargo Solutions Private Limited
FTL Cargo Solutions is an active private limited company based in Pune, Maharashtra, India. The company works in integrated and diversified logistics services, within the transport and logistics industry. It was incorporated on 15 December 2010 (16+ years old) and is registered under CIN U74900PN2010PTC138002.
FTL Cargo Solutions reported revenue of ₹32.68 Lakh for FY 2024 (down 76% YoY).
FTL Cargo Solutions has 2 current directors:
- Chausar Bai Mehana - Director
- Mukta Mehna Ambesh - Director
FTL Cargo Solutions reported a net loss of ₹13.99 Lakh (net margin -42.8%) and EBITDA of -₹11.81 Lakh (EBITDA margin -36.1%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of FTL Cargo Solutions is -15% over five years. In the latest year (FY 2024) revenue fell 76%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of FTL Cargo Solutions is 27AABCF6565D2ZN, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of FTL Cargo Solutions is U74900PN2010PTC138002. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
FTL Cargo Solutions has 1 court case on record: 1 filed against it.
FTL Cargo Solutions was incorporated on 15 December 2010, making it 16+ years old. It is registered with the Registrar of Companies, Pune.
The peers of FTL Cargo Solutions by revenue are Overseas Express Consolidators Private Limited, Balabantaray Transport and Minerals Private Limited, Asthavinayak Logistics Private Limited, Puneji Overseas (OPC) Private Limited, Anax Air Services Private Limited and 5 more, all in the Transport and Logistics industry (Diversified Logistics).
Ambesh Moolchand Mehna ceased to be Director on 14 Aug 2024. Chausar Bai Mehana ceased to be Additional Director on 30 Nov 2021. Chausar Bai Mehana was appointed as Director on 31 May 2021. FTL Cargo Solutions has 5 board changes on record in total.