Promove Logistics Private Limited

Promove Logistics Private Limited - transport and logistics in New Delhi, Delhi, India. FY 2026 financials & compliance.
CIN U74999DL2018PTC330541 Incorporated 08 March 2018 ROC Delhi HQ New Delhi, Delhi, India
Active Private Limited Company transport and logistics DPIIT Startup MSME · Medium
Data last updated
Revenue · FY 2025
₹61.57 Cr
▲ 53% YoY
Net profit · FY 2025
₹46.65 Lakh
Net margin 0.8%
EBITDA · FY 2025
₹6.67 Cr
EBITDA margin 10.8%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
8 yrs
Est. 2018
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered

About Promove Logistics Private Limited

Data last updated:

Promove Logistics Private Limited is a private limited company based in New Delhi, Delhi, India, recognised as a startup by DPIIT. It operates in the integrated logistics and supply chain solutions segment of the transport and logistics sector. It was incorporated on 08 March 2018 and has been in existence for over 8 years.

The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74999DL2018PTC330541. Its GSTIN is 07AAJCP7261Q1ZM (Delhi).

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Jitender Richhariya and Deepak Kumar Jha.

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 3rd Floor Plot No. 6 Unicom House Lsc Commerical Complex Block A – 3 Janakp, Uri, New Delhi, Delhi, India – 110058.

As per the financials filed for FY 2025, the company reported a revenue of ₹61.57 Cr, a growth of 53% compared to the previous year. For the same year it recorded a net profit of ₹46.65 Lakh (net margin 0.8%) and EBITDA of ₹6.67 Cr (EBITDA margin 10.8%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 23% over five years.

Court records list 1 case involving the company, including 1 filed by the company.

Promove Logistics Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-10-0029714). For more details, the company can be reached via its website promove.in.

Company details

CIN U74999DL2018PTC330541
Registration Number 330541
Incorporation Date 08 March 2018
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Medium
Udyam Registration UDYAM-DL-10-0029714

Recognitions & Rankings of Promove Logistics

DPIIT recognised startup Government of India
Startup India
MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-DL-10-0029714

Contact details

Promove Logistics Private Limited's registered office is in New Delhi, Delhi. Its website is promove.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
  • Social Media
  • Registered Address
    3rd Floor Plot No. 6 Unicom House Lsc Commerical Complex Block A – 3 Janakp, Uri, New Delhi, Delhi, India – 110058
  • Industry
    Transport and Logistics, Integrated & Diversified Logistics Services

To see the full contact details of Promove Logistics Private Limited, buy the company report.

Comprehensive company report
Promove Logistics 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
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Business activity

The main business activity of Promove Logistics is transport and storage. In detail, this covers services incidental to land, water & air transportation.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
HTransport and storageH5Services incidental to land, water & air transportation

To see the full business activity and turnover split of Promove Logistics Private Limited, buy the company report.

Financials of Promove Logistics Private Limited

FY 2025 filings available

Promove Logistics Private Limited reported revenue of ₹61.57 Cr (up 53% YoY) for FY 2025.

Revenue · FY 2025
₹61.57 Cr ▲ 53%
Net profit · FY 2025
₹46.65 Lakh margin 0.8%
EBITDA · FY 2025
₹6.67 Cr margin 10.8%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 53%
3 years · compounded
▼ 3%
5 years · compounded
▲ 23%
EBITDA CAGR growth
1 year
▲ 64%
3 years · compounded
▲ 32%

Revenue has grown at a compounded annual rate (CAGR) of 23% over five years, including 53% growth in the latest year. EBITDA rose 64% 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₹6.67 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹46.65 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin10.8%
Net Profit Margin0.8%
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

To see the full financial statements and ratios of Promove Logistics Private Limited, buy the company report.

Board of directors of Promove Logistics Private Limited

Promove Logistics has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Jitender RichhariyaDirector12 Sep 20224 Years 1 MonthsCurrent
Deepak Kumar JhaDirector08 Mar 20188 Years 7 MonthsCurrent

Peer comparison

Promove Logistics Private Limited is compared with the 5 companies closest to it by revenue in the Transport and Logistics industry (Diversified Logistics), with the same principal business activity (services incidental to land, water & air transportation), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Emveess Infraventures Private Limited₹62.07 Cr (FY 2025)-15.0%New Delhi, Delhi, India
Transmec (India) Private Limited₹61.89 Cr (FY 2024)-35.0%New Delhi, Delhi, India
Orchid Container Line Private Limited₹61.82 Cr (FY 2025)37.0%New Delhi, Delhi, India
Promove Logistics Private Limitedthis company₹61.57 Cr (FY 2025)₹46.65 Lakh0.8%53.0%New Delhi, Delhi, India
Sea Hawk Lines Private Limited₹61.16 Cr (FY 2024)-14.0%Chennai, Tamil Nadu, India
Translink Logistics Private Limited₹60.94 Cr (FY 2025)82.0%Chennai, Tamil Nadu, India

To see the full peer comparison of Promove Logistics Private Limited, buy the company report.

Auditor

Promove Logistics Private Limited is audited by AGGARWAL MAHAVIR & ASSOCIATES for the financial year 2024.

Auditor firmFinancial yearFirm registration number
AGGARWAL MAHAVIR & ASSOCIATESFY 2024023827N

Shareholding

The shareholding of Promove Logistics Private Limited is on record for 5 financial years, the latest being FY 2025, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2025FY 2024FY 2023FY 2022FY 2021
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Promove Logistics Private Limited, buy the company report.

MSME payment delays

Promove Logistics Private Limited has 3 MSME Form 1 returns on record between 2023 and 2024, listing 23 overdue payments to 11 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 11)

SupplierAmount dueDue sinceReported on
Aggarwal Mahavir & Associates
Milap Logistics Private Limited
Safewater Lines India Private Limited
an individual supplier
Professional Impex Private Limited.

To see the full MSME payment records of Promove Logistics Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

GST

Promove Logistics has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
07AAJCP7261Q1ZMDelhiActive26 Apr 2018

To see the full GST registrations and return filing status of Promove Logistics Private Limited, buy the company report.

Recent activity

Promove Logistics Private Limited has 3 board changes on record since 2018: 2 appointments and 1 cessation. The latest: Archana Upadhay ceased to be Director on 27 Sep 2022.

AGM
Promove Logistics Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Promove Logistics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi.
Ceased
Archana Upadhay ceased to be Director.
Appointed
Jitender Richhariya was appointed as Director.
Appointed
Deepak Kumar Jha was appointed as Director.
Incorporation
08 Mar 2018
Promove Logistics Private Limited was registered on 08 Mar 2018 with Roc Delhi & aged 8 years 7 months as per MCA records.

Frequently asked questions

Promove Logistics is an active private limited company based in New Delhi, Delhi, India. The company works in integrated and diversified logistics services, within the transport and logistics industry. It was incorporated on 08 March 2018 (8+ years old) and is registered under CIN U74999DL2018PTC330541.

Promove Logistics has 2 current directors:

The latest financial statements of Promove Logistics 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 FY 2018 are in the company report.

The GSTIN of Promove Logistics is 07AAJCP7261Q1ZM, registered in Delhi.

The CIN (Corporate Identification Number) of Promove Logistics is U74999DL2018PTC330541. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Promove Logistics has 1 court case on record: 1 filed by the company.

Promove Logistics was incorporated on 08 March 2018, making it 8+ years old. It is registered with the Registrar of Companies, Delhi.

The peers of Promove Logistics by revenue are Emveess Infraventures Private Limited, Transmec (India) Private Limited, Orchid Container Line Private Limited, Sea Hawk Lines Private Limited, Translink Logistics Private Limited, all in the Transport and Logistics industry (Diversified Logistics), with the same principal business activity (services incidental to land, water & air transportation).

Archana Upadhay ceased to be Director on 27 Sep 2022. Jitender Richhariya was appointed as Director on 12 Sep 2022. Deepak Kumar Jha was appointed as Director on 08 Mar 2018.

Yes, Promove Logistics is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

Yes, Promove Logistics is registered as a medium enterprise under Udyam registration (number: UDYAM-DL-10-0029714).

Promove Logistics has 3 MSME Form 1 returns on record between 2023 and 2024, listing 23 overdue payments to 11 micro and small suppliers. The latest return was filed on 30 Apr 2024.