About Adani Forwarding Agent Limited
Data last updated:
Adani Forwarding Agent Limited is a public limited company based in Ahmedabad, Gujarat, India, a subsidiary of Adani Logistics Limited. It operates in the storage and warehouse segment of the warehousing and storage sector. It was incorporated on 14 September 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U60100GJ2010PLC118103. Its GSTIN is 24AAECB3981A1Z3 (Gujarat). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It was formerly known as B2B Forwarding Agent Limited and B2B Forwarding Agent Private Limited. It is led by directors including Shailendra Kumar Sharma and Shirish Madhubhai Satodia.
Its last annual general meeting (AGM) was held on 19 June 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Ahmedabad, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹534.24 Cr, a growth of 5% compared to the previous year. For the same year it recorded a net profit of ₹27.73 Cr (net margin 5.2%) and EBITDA of ₹62.98 Cr (EBITDA margin 11.8%).
The company has about 56 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹828 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website adani.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressAdani Corporate House Shantigram Near Vaishno Devi Circle S. G. Highway, Khodiyar, Ahmedabad, Gujarat, India – 382421
- IndustryWarehousing, Storage & Warehouse
- 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
Name History of Adani Forwarding Agent Limited
Adani Forwarding Agent has undergone 2 name changes throughout its history. The company was previously known as B2b Forwarding Agent Limited, and B2b Forwarding Agent Private Limited. The current legal name is Adani Forwarding Agent Limited.
| Company Name | Status |
|---|---|
| Adani Forwarding Agent Limited | Current |
| B2b Forwarding Agent Limited | Previous |
| B2b Forwarding Agent Private Limited | Previous |
CIN History of Adani Forwarding Agent Limited
Adani Forwarding Agent has 4 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U60100GJ2010PLC118103, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U60100GJ2010PLC118103 | Current |
| U60100GJ2010PTC118103 | Previous |
| U74999DL2010PLC208219 | Previous |
| U74999GJ2010PTC118103 | Previous |
| U74999DL2010PTC208219 | Previous |
Business Activity of Adani Forwarding Agent Limited
The main business activity of Adani Forwarding Agent is transport and storage. In detail, this covers warehousing and storage.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| H | Transport and storage | H6 | Warehousing and storage | 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.
Auditor Details of Adani Forwarding Agent Limited
Adani Forwarding Agent Limited is audited by Shah Dhandharia & Co LLP for the financial year 2024.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Shah Dhandharia & Co LLP | 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.
Board of Directors of Adani Forwarding Agent Limited
Adani Forwarding Agent has 4 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shailendra Kumar Sharma Also directs: Krishnapatnam Railway Company Limited, Kutch Railway Company Limited, Bharuch Dahej Railway Company Limited and 2 more | Director | 01 Nov 2023 | 2 Years 11 Months | Current |
| Shirish Madhubhai Satodia Also directs: Adani Container Manufacturing Limited, Agratas Projects Limited, Adani Noble Limited and 5 more | Director | 30 Jun 2020 | 6 Years 3 Months | Current |
| Anand Jagdish Prasad Singhal Also directs: Agratas Projects Limited, Adani Noble Limited, Shankheshwar Buildwell Limited and 5 more | Director | 18 Mar 2023 | 3 Years 6 Months | Current |
| Nisha Kapoor Also directs: Amity Consultants LLP, Yan Advisory Services LLP, Kurmitar Iron Ore Mining Limited and 5 more | Director | 13 Jul 2024 | 2 Years 2 Months | Current |
Financials of Adani Forwarding Agent Limited FY 2025 filings available
Adani Forwarding Agent Limited reported revenue of ₹534.24 Cr (up 5% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Adani Forwarding Agent Limited
Revenue rose 5% in the latest year. EBITDA fell 1% 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 Adani Forwarding Agent 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 | ₹62.98 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹27.73 Cr | •••• | •••• | •••• | •••• |
| 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 Adani Forwarding Agent Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 5.2% | •••• | •••• | •••• | •••• |
| 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 Adani Forwarding Agent 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.
Ownership and Shareholding of Adani Forwarding Agent 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 Adani Forwarding Agent Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 May 2025 | Idbi Trusteeship Services Limited | ₹828 Cr | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Adani Forwarding Agent Limited
Adani Forwarding Agent Limited has a workforce of 56 employees as of Mar 31, 2024.
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.
GST Compliance of Adani Forwarding Agent Limited
Adani Forwarding Agent has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAECB3981A1Z3 | Gujarat | Active | 21 Sep 2022 |
| 32AAECB3981A1Z6 | Kerala | Active | 30 Jan 2022 |
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.
Credit Ratings, Litigation & Regulatory Alerts for Adani Forwarding Agent 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 Adani Forwarding Agent 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 Adani Forwarding Agent 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.
MCA Filings & Documents of Adani Forwarding Agent 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.
Recent Activity on Adani Forwarding Agent Limited
Recent News on Adani Forwarding Agent Limited
Frequently Asked Questions about Adani Forwarding Agent Limited
Adani Forwarding Agent is an active public limited company based in Ahmedabad, Gujarat, India. The company works in storage and warehouse, within the warehousing industry. It was incorporated on 14 September 2010 (16+ years old) and is registered under CIN U60100GJ2010PLC118103.
Adani Forwarding Agent reported revenue of ₹534.24 Cr for FY 2025 (up 5% YoY).
Adani Forwarding Agent has 4 current directors:
- Shailendra Kumar Sharma - Director
- Shirish Madhubhai Satodia - Director
- Anand Jagdish Prasad Singhal - Director
- Nisha Kapoor - Director
Adani Forwarding Agent reported a net profit of ₹27.73 Cr (net margin 5.2%) and EBITDA of ₹62.98 Cr (EBITDA margin 11.8%) for FY 2025, as per its filed financial statements.
The GSTIN of Adani Forwarding Agent is 24AAECB3981A1Z3, registered in Gujarat. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 32AAECB3981A1Z6 (Kerala).
The CIN (Corporate Identification Number) of Adani Forwarding Agent is U60100GJ2010PLC118103. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Adani Forwarding Agent was incorporated on 14 September 2010, making it 16+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Adani Forwarding Agent can be reached through the website adani.com. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Adani Forwarding Agent is at Adani Corporate House Shantigram Near Vaishno Devi Circle S. G. Highway, Khodiyar, Ahmedabad, Gujarat, India – 382421.