
North Star Cargo (India) Private Limited
About North Star Cargo (India) Private Limited
Data last updated:
North Star Cargo (India) Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the air charter and private aviation segment of the transport and logistics sector. It was incorporated on 17 November 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U63013MH1992PTC165236. Its GSTIN is 27AAACP0667R1ZV (Maharashtra).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It was formerly known as Pelican Air Cargo Pvt Ltd. It is led by directors including Priti Yoginder Sachdev and Nikhil Sachdev.
Its last annual general meeting (AGM) was held on 18 June 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 6 Adarsh Industrial Estate Sahar Road Andheri (East), Mumbai, Maharashtra, India – 400099.
As per the financials filed for FY 2026, the company reported a revenue of ₹9.2 Cr, a growth of 15% compared to the previous year. For the same year it recorded a net loss of ₹23.44 Lakh (net margin -2.5%) and EBITDA of -₹14.86 Lakh (EBITDA margin -1.6%). Revenue has grown at a compounded annual rate (CAGR) of 351% over five years.
Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
North Star Cargo (India) has one previous CIN (Corporate Identification Number): U63013DL1992PTC050995. The current CIN is U63013MH1992PTC165236, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U63013MH1992PTC165236 | Current |
| U63013DL1992PTC050995 | Previous |
Contact details
North Star Cargo (India) Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address6 Adarsh Industrial Estate Sahar Road Andheri (East), Mumbai, Maharashtra, India – 400099
- IndustryTransport and Logistics, Air Charter & Private Aviation
To see the full contact details of North Star Cargo (India) 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 North Star Cargo (India) is transportation and storage. In detail, this covers warehousing and support activities for transportation.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transportation and storage | 52 | Warehousing and support activities for transportation |
To see the full business activity and turnover split of North Star Cargo (India) Private Limited, buy the company report.
Financials of North Star Cargo (India) Private Limited
FY 2026 filings availableNorth Star Cargo (India) Private Limited reported revenue of ₹9.2 Cr (up 15% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 351% over five years, including 15% growth in the latest year. EBITDA rose 53% 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹9.2 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹14.86 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹23.44 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
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -1.6% | ||||
| Net Profit Margin | -2.5% | ||||
| 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 North Star Cargo (India) Private Limited, buy the company report.
Board of directors of North Star Cargo (India) Private Limited
North Star Cargo (India) has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Priti Yoginder Sachdev | Director | 16 Nov 1993 | 32 Years 11 Months | Current |
| Nikhil Sachdev Also directs: Pelican Air Private Limited, Pelican Shipping and Clearing Agency Private Limited, Airlift Services Private Limited and 4 more | Director | 11 May 2015 | 11 Years 5 Months | Current |
| Narendra Kanhaiyalal Wadhwa Also directs: Airlift Services Private Limited | Director | 15 Jul 2024 | 2 Years 3 Months | Current |
Auditor
North Star Cargo (India) Private Limited is audited by R. P. Tambade & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R. P. Tambade & Co. | FY 2023 | 156087W |
Shareholding
The shareholding of North Star Cargo (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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of North Star Cargo (India) Private Limited, buy the company report.
Legal cases
North Star Cargo (India) Private Limited has 1 court case on record: 1 filed against it. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ernakulam, Kerala | Civil suit | Filed against the company by National Insurance Company Limited | Pending |
To see the full case history of North Star Cargo (India) Private Limited, buy the company report.
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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for North Star Cargo (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
North Star Cargo (India) has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACP0667R1ZV | Maharashtra | Active | 24 May 2019 |
To see the full GST registrations and return filing status of North Star Cargo (India) Private Limited, buy the company report.
Recent activity
North Star Cargo (India) Private Limited has 6 board changes on record since 1993: 3 appointments and 3 cessations. The latest: Pooja Sachdev ceased to be Director on 01 Sep 2025.
Frequently asked questions
North Star Cargo (India) is an active private limited company based in Mumbai, Maharashtra, India. The company works in air charter and private aviation, within the transport and logistics industry. It was incorporated on 17 November 1992 (34+ years old) and is registered under CIN U63013MH1992PTC165236.
North Star Cargo (India) has 3 current directors:
- Priti Yoginder Sachdev - Director
- Nikhil Sachdev - Director
- Narendra Kanhaiyalal Wadhwa - Director
The latest financial statements of North Star Cargo (India) on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 18 June 2026. Year-wise statements from 2015 are in the company report.
The GSTIN of North Star Cargo (India) is 27AAACP0667R1ZV, registered in Maharashtra.
The CIN (Corporate Identification Number) of North Star Cargo (India) is U63013MH1992PTC165236. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
North Star Cargo (India) has 1 court case on record: 1 filed against it. 1 is pending.
North Star Cargo (India) was incorporated on 17 November 1992, making it 34+ years old. It is registered with the Registrar of Companies, Mumbai.
Pooja Sachdev ceased to be Director on 01 Sep 2025. Narendra Kanhaiyalal Wadhwa was appointed as Director on 15 Jul 2024. Nikhil Sachdev ceased to be Additional Director on 30 Sep 2015. North Star Cargo (India) has 6 board changes on record in total.
The registered office of North Star Cargo (India) is at 6 Adarsh Industrial Estate Sahar Road Andheri East, Mumbai, Maharashtra, India – 400099.
North Star Cargo (India) operates in the transport and logistics industry, in the air charter and private aviation segment.

