
Mumbai Forwarding Agencies Private Limited
About Mumbai Forwarding Agencies Private Limited
Data last updated:
Mumbai Forwarding Agencies Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the transportation and logistics segment of the transportation sector. It was incorporated on 23 February 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U63030MH2009PTC190503. Its GSTIN is 27AAFCM9554M1ZR (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹3 Lakh. It is led by directors Rajesh Damji Mange and Kaushik Kanklal Vora.
Its last annual general meeting (AGM) was held on 23 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at 88 4th Floor Valdash Ashish Janardan Park S. M. Road Raghunath Nagar, Thane, Maharashtra, India – 400604.
As per the financials filed for FY 2021, the company reported a revenue of ₹3.96 Lakh, a growth of 25% compared to the previous year. For the same year it recorded a net loss of ₹51,470 (net margin -13%) and EBITDA of -₹40,241 (EBITDA margin -10.2%). Revenue has declined at a compounded annual rate (CAGR) of 29% over three years and 45% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Mumbai Forwarding Agencies Private Limited's registered office is in Thane, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address88 4th Floor Valdash Ashish Janardan Park S. M. Road Raghunath Nagar, Thane, Maharashtra, India – 400604
- IndustryTransportation, Transportation Services
To see the full contact details of Mumbai Forwarding Agencies Private Limited, buy the company report.
- 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
Business activity
The main business activity of Mumbai Forwarding Agencies is transport and storage. In detail, this covers services incidental to land, water & air transportation.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transport and storage | H5 | Services incidental to land, water & air transportation |
To see the full business activity and turnover split of Mumbai Forwarding Agencies Private Limited, buy the company report.
Financials of Mumbai Forwarding Agencies Private Limited
FY 2021 filings availableMumbai Forwarding Agencies Private Limited reported revenue of ₹3.96 Lakh (up 25% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue rose 25% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 45%. EBITDA fell 198% 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
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| 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 | -₹40,241 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹51,470 | ||||
| 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
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -10.2% | ||||
| Net Profit Margin | -13% | ||||
| 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 Mumbai Forwarding Agencies Private Limited, buy the company report.
Board of directors of Mumbai Forwarding Agencies Private Limited
Mumbai Forwarding Agencies has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajesh Damji Mange | Director | 23 Feb 2009 | 17 Years 8 Months | Current |
| Kaushik Kanklal Vora | Director | 23 Feb 2009 | 17 Years 8 Months | Current |
Peer comparison
Mumbai Forwarding Agencies Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (services incidental to land, water & air transportation), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Maersk Broker India Private Limited | ₹4.05 Lakh (FY 2023) | -84.0% | Mumbai, Maharashtra, India | |||
| SHC Worldwide Private Limited | ₹4.02 Lakh (FY 2024) | -92.0% | Hyderabad, Telangana, India | |||
| Hausture Logistics Private Limited | ₹4 Lakh (FY 2021) | Bangalore, Karnataka, India | ||||
| Wayward Solutions Private Limited | ₹3.98 Lakh (FY 2020) | Ghaziabad, Uttar Pradesh, India | ||||
| Trinity Freight Services (India) Private Limited | ₹3.97 Lakh (FY 2019) | -100.0% | H.A.L, Bangalore, Karnataka, India | |||
| Mumbai Forwarding Agencies Private Limitedthis company | ₹3.96 Lakh (FY 2021) | -₹51,470 | -13% | 25.0% | Thane, Maharashtra, India | |
| B & B Consolidatorsprivate Limited | ₹3.9 Lakh (FY 2018) | 53.0% | Chennai, Tamil Nadu, India | |||
| Bulktrans Logistics Private Limited | ₹3.89 Lakh (FY 2025) | -100.0% | Chennai, Tamil Nadu, India | |||
| Transo Logistics Exim Services Private Limited | ₹3.88 Lakh (FY 2021) | Bangalore, Karnataka, India | ||||
| Fourth Pillar E-Services Private Limited | ₹3.88 Lakh (FY 2024) | Ranchi, Jharkhand, India | ||||
| Yesumelek Exports Private Limited | ₹3.87 Lakh (FY 2018) | Tirunelveli, Tamil Nadu, India |
To see the full peer comparison of Mumbai Forwarding Agencies Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Mumbai Forwarding Agencies Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Mumbai Forwarding Agencies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Mumbai Forwarding Agencies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCM9554M1ZR | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Mumbai Forwarding Agencies Private Limited, buy the company report.
Recent activity
Mumbai Forwarding Agencies Private Limited has 3 board changes on record since 2009: 2 appointments and 1 cessation. The latest: Pravin Yashwant Surve ceased to be Director on 30 Apr 2010.
Frequently asked questions
Mumbai Forwarding Agencies is an active private limited company based in Thane, Maharashtra, India. The company works in transportation services, within the transportation industry. It was incorporated on 23 February 2009 (17+ years old) and is registered under CIN U63030MH2009PTC190503.
Mumbai Forwarding Agencies has 2 current directors:
- Rajesh Damji Mange - Director
- Kaushik Kanklal Vora - Director
The latest financial statements of Mumbai Forwarding Agencies on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 23 November 2021. Year-wise statements from 2015 are in the company report.
The GSTIN of Mumbai Forwarding Agencies is 27AAFCM9554M1ZR, registered in Maharashtra.
The CIN (Corporate Identification Number) of Mumbai Forwarding Agencies is U63030MH2009PTC190503. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mumbai Forwarding Agencies was incorporated on 23 February 2009, making it 17+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Mumbai Forwarding Agencies by revenue are Maersk Broker India Private Limited, SHC Worldwide Private Limited, Hausture Logistics Private Limited, Wayward Solutions Private Limited, Trinity Freight Services (India) Private Limited and 5 more, all in the same principal business activity (services incidental to land, water & air transportation).
Pravin Yashwant Surve ceased to be Director on 30 Apr 2010. Kaushik Kanklal Vora was appointed as Director on 23 Feb 2009. Rajesh Damji Mange was appointed as Director on 23 Feb 2009.
The registered office of Mumbai Forwarding Agencies is at 88 4th Floor Valdash Ashish Janardan Park S. M. Road Raghunath Nagar, Thane, Maharashtra, India – 400604.
Mumbai Forwarding Agencies operates in the transportation industry, in the transportation services segment.
The compliance status of Mumbai Forwarding Agencies is compliant as of 15 September 2026. The company is actively filing with the Registrar of Companies.

