About Schweitzer Logistics India Private Limited
Data last updated:
Schweitzer Logistics India Private Limited is a foreign private limited company based in Mumbai, Maharashtra, India, a subsidiary of Schweitzer Logistics S.R.L. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the furniture retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 23 August 2016.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2016FTC285091. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹15 Lakh. It is led by directors Ernesto Bortolotti and Sanjay Kumar Rasiklal Doshi.
Its last annual general meeting (AGM) was held on 21 September 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at 306 3rd Floor Emperor L T Road Babhai Naka Borivali West, Mumbai, Maharashtra, India – 400092.
As per the financials filed for FY 2021, the company reported a revenue of ₹19.07 Lakh, a decline of 62% compared to the previous year. For the same year it recorded a net loss of ₹23.93 Lakh (net margin -125.5%) and EBITDA of -₹23.24 Lakh (EBITDA margin -121.8%). Revenue has declined at a compounded annual rate (CAGR) of 36% over three years.
The last known website on record is schweitzer-industries.com.
Company details
Contact details
Schweitzer Logistics India Private Limited's registered office is in Mumbai, Maharashtra. Its website is schweitzer-industries.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address306 3rd Floor Emperor L T Road Babhai Naka Borivali West, Mumbai, Maharashtra, India – 400092
- IndustryConsumer Electronics & Durables, Furniture Retail & Distribution
To see the full contact details of Schweitzer Logistics 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 Schweitzer Logistics India is manufacturing. In detail, this covers wood and wood products, furniture, paper and paper products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C3 | Wood and wood products, furniture, paper and paper products |
To see the full business activity and turnover split of Schweitzer Logistics India Private Limited, buy the company report.
Financials of Schweitzer Logistics India Private Limited
FY 2021 filings availableSchweitzer Logistics India Private Limited reported revenue of ₹19.07 Lakh (down 62% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 36% over three years, including a 62% fall in the latest year. EBITDA fell 540% 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 | ₹19.07 Lakh | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | -₹23.24 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹23.93 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -121.8% | ||||
| Net Profit Margin | -125.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Schweitzer Logistics India Private Limited, buy the company report.
Board of directors of Schweitzer Logistics India Private Limited
Schweitzer Logistics India has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ernesto Bortolotti | Director | 29 Jul 2020 | 6 Years 3 Months | As last reported |
| Sanjay Kumar Rasiklal Doshi Also directs: Sobo Films Holding Limited, Sda Advisors Private Limited | Director | 23 Aug 2016 | 10 Years 2 Months | As last reported |
Peer comparison
Schweitzer Logistics India Private Limited is compared with the 3 companies closest to it by revenue in the Consumer Durables industry (Furniture Retail and Distribution), with the same principal business activity (wood and wood products, furniture, paper and paper products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Vibtex Private Limited | ₹19.78 Lakh (FY 2021) | Coimbatore, Tamil Nadu, India | ||||
| Sparrow Venture Private Limited | ₹19.12 Lakh (FY 2024) | -78.0% | Vaishali, Bihar, India | |||
| Schweitzer Logistics India Private Limitedthis company | ₹19.07 Lakh (FY 2021) | -₹23.93 Lakh | -125.5% | -62.0% | Mumbai, Maharashtra, India | |
| Bhavya Furni-Solutions Private Limited | ₹18.55 Lakh (FY 2023) | 42.0% | Raipur, Chhattisgarh, India |
To see the full peer comparison of Schweitzer Logistics India Private Limited, buy the company report.
Auditor
Schweitzer Logistics India Private Limited is audited by DINESH R SHAH & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DINESH R SHAH & CO | FY 2020 | 102610W |
Shareholding
The shareholding of Schweitzer Logistics India Private Limited is on record for 2 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Schweitzer Logistics India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Schweitzer Logistics India 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 Schweitzer Logistics India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Schweitzer Logistics India has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Schweitzer Logistics India Private Limited, buy the company report.
Recent activity
Schweitzer Logistics India Private Limited has 6 board changes on record since 2016: 2 appointments and 4 cessations. The latest: Ernesto Bortolotti ceased to be Additional Director on 30 Sep 2020.
Frequently asked questions
Schweitzer Logistics India is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Schweitzer Logistics India is a company under liquidation, formerly operating as a foreign private limited company based in Mumbai, Maharashtra, India. The company works in furniture retail and distribution, within the consumer electronics and durables industry. It was incorporated on 23 August 2016 and is registered under CIN U74999MH2016FTC285091. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Schweitzer Logistics India has 2 current directors:
- Ernesto Bortolotti - Director
- Sanjay Kumar Rasiklal Doshi - Director
The latest financial statements of Schweitzer Logistics India on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 21 September 2021. Year-wise statements from FY 2017 are in the company report.
The CIN (Corporate Identification Number) of Schweitzer Logistics India is U74999MH2016FTC285091. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Schweitzer Logistics India was incorporated on 23 August 2016. It is registered with the Registrar of Companies, Mumbai.
The peers of Schweitzer Logistics India by revenue are Vibtex Private Limited, Sparrow Venture Private Limited, Bhavya Furni-Solutions Private Limited, all in the Consumer Durables industry (Furniture Retail and Distribution), with the same principal business activity (wood and wood products, furniture, paper and paper products).
Ernesto Bortolotti ceased to be Additional Director on 30 Sep 2020. Bernhard Schweitzer ceased to be Director on 30 Jul 2020. Christian Karl Dempfle ceased to be Director on 30 Jul 2020. Schweitzer Logistics India has 6 board changes on record in total.
Schweitzer Logistics India can be reached through the website schweitzer-industries.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Schweitzer Logistics India is at 306 3rd Floor Emperor L T Road Babhai Naka Borivali West, Mumbai, Maharashtra, India – 400092.
No. Schweitzer Logistics India has 1 GST registration on record and it is cancelled or inactive.
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