Jugal Freight System Private Limited
About Jugal Freight System Private Limited
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Jugal Freight System Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the cargo services segment of the transport and logistics sector. It was incorporated on 24 July 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U61100MH2000PTC127877. Its GSTIN is 27AAACJ9916B1ZO (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Jigna Dhiren Parmar and Dhiren Jagdish Parmar.
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 503 5th Floor Veena Chambers 4th Clive Cross Lane Dana Bunder, Mumbai, Maharashtra, India – 400009.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.85 Cr, a decline of 2% compared to the previous year. For the same year it recorded a net profit of ₹13.04 Lakh (net margin 7.1%) and EBITDA of ₹18.09 Lakh (EBITDA margin 9.8%). Revenue has declined at a compounded annual rate (CAGR) of 12% over three years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address503 5th Floor Veena Chambers 4th Clive Cross Lane Dana Bunder, Mumbai, Maharashtra, India – 400009
- IndustryTransport and Logistics, Cargo Services, Travel & Tour 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 Jugal Freight System Private Limited
The main business activity of Jugal Freight System is transportation and storage. In detail, this covers water transport and air transport. 2 activity segments are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| H | Transportation and storage | 50 | Water transport | Locked |
| H | Transportation and storage | 51 | Air transport | 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 Jugal Freight System Private Limited FY 2025 filings available
Jugal Freight System Private Limited reported revenue of ₹1.85 Cr (down 2% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Jugal Freight System Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 12% over three years, including a 2% fall in the latest year. EBITDA fell 5% 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 Jugal Freight System 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 | ₹18.09 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹13.04 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 Jugal Freight System Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 7.1% | •••• | •••• | •••• | •••• |
| 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 Jugal Freight System 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 Jugal Freight System Private Limited
Jugal Freight System has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jigna Dhiren Parmar Also directs: Novel Lines and Logistics Private Limited | Director | 07 May 2002 | 24 Years 5 Months | Current |
| Dhiren Jagdish Parmar Also directs: Novel Lines and Logistics Private Limited | Director | 24 Jul 2000 | 26 Years 2 Months | Current |
Peer Comparison of Jugal Freight System Private Limited
Jugal Freight System Private Limited is compared with the companies closest to it by revenue in the Transport and Logistics industry (Bulk Cargo and Container). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Herbert Containers Private Limited | ₹1.92 Cr (FY 2024) | •••• | •••• | 141.0% | •••• | Thane, Maharashtra, India |
| Akc Cargo Management Services Private Limited | ₹1.88 Cr (FY 2025) | •••• | •••• | -6.0% | •••• | New Delhi, Delhi, India |
| Roy & Chatterjee Pvt Ltd | ₹1.88 Cr (FY 2024) | •••• | •••• | 205.0% | •••• | Kolkata, West Bengal, India |
| JMS Express Clearing Forwarding Private Limited | ₹1.88 Cr (FY 2024) | •••• | •••• | 41.0% | •••• | Mumbai, Maharashtra, India |
| Container Freight Station Association of India (Renewal Old An 165281) | ₹1.85 Cr (FY 2025) | •••• | •••• | 72.0% | •••• | Navi Mumbai, Maharashtra, India |
| Jugal Freight System Private Limited this company | ₹1.85 Cr (FY 2025) | •••• | •••• | -2.0% | •••• | Mumbai, Maharashtra, India |
| Straight Line Cargo Services Private Limited | ₹1.81 Cr (FY 2025) | •••• | •••• | -35.0% | •••• | Kolkata, West Bengal, India |
| On Board Cargo Express India Private Limited | ₹1.76 Cr (FY 2023) | •••• | •••• | 16.0% | •••• | Navi Mumbai, Maharashtra, India |
| Poovath Logistics Private Limited | ₹1.76 Cr (FY 2024) | •••• | •••• | -59.0% | •••• | Ernakulam, Kerala, India |
| Airmarine Freight Services Private Limited | ₹1.76 Cr (FY 2024) | •••• | •••• | -55.0% | •••• | Mumbai, Maharashtra, India |
| Original Innovative Logistics (India) Private Limited | ₹1.75 Cr (FY 2025) | •••• | •••• | -12.0% | •••• | Chennai, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Jugal Freight System by revenue in the Transport and Logistics industry (Bulk Cargo and Container), 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 Jugal Freight System Private Limited
Jugal Freight System Private Limited is audited by Pragnesh Chhadva & Associates for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Pragnesh Chhadva & 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 Jugal Freight System 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 Jugal Freight System Private Limited
Jugal Freight System Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Jugal Freight System Private Limited
Employment history and EPFO contributions of people linked to Jugal Freight System.
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 Jugal Freight System Private Limited
Jugal Freight System Private Limited has 2 board changes on record since 2000: 2 appointments. The latest: Jigna Dhiren Parmar was appointed as Director on 07 May 2002.
Credit Ratings, Litigation & Regulatory Alerts for Jugal Freight System 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 Jugal Freight System 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 Jugal Freight System 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 Jugal Freight System Private Limited
Jugal Freight System has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACJ9916B1ZO | Maharashtra | Active | 01 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 Jugal Freight System 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 Jugal Freight System Private Limited
Jugal Freight System is an active private limited company based in Mumbai, Maharashtra, India. The company works in cargo services, within the transport and logistics industry. It was incorporated on 24 July 2000 (26+ years old) and is registered under CIN U61100MH2000PTC127877.
Jugal Freight System reported revenue of ₹1.85 Cr for FY 2025 (down 2% YoY).
Jugal Freight System has 2 current directors:
- Jigna Dhiren Parmar - Director
- Dhiren Jagdish Parmar - Director
Jugal Freight System reported a net profit of ₹13.04 Lakh (net margin 7.1%) and EBITDA of ₹18.09 Lakh (EBITDA margin 9.8%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Jugal Freight System is -12% over three years. In the latest year (FY 2025) revenue fell 2%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Jugal Freight System is 27AAACJ9916B1ZO, registered in Maharashtra.
The CIN (Corporate Identification Number) of Jugal Freight System is U61100MH2000PTC127877. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Jugal Freight System was incorporated on 24 July 2000, making it 26+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Jugal Freight System by revenue are Herbert Containers Private Limited, Akc Cargo Management Services Private Limited, Roy & Chatterjee Pvt Ltd, JMS Express Clearing Forwarding Private Limited, Container Freight Station Association of India (Renewal Old An 165281) and 5 more, all in the Transport and Logistics industry (Bulk Cargo and Container).
Jigna Dhiren Parmar was appointed as Director on 07 May 2002. Dhiren Jagdish Parmar was appointed as Director on 24 Jul 2000.
The registered office of Jugal Freight System is at 503 5th Floor Veena Chambers 4th Clive Cross Lane Dana Bunder, Mumbai, Maharashtra, India – 400009.