About Affreighter Logistics Private Limited
Data last updated:
Affreighter Logistics Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the integrated logistics and supply chain solutions segment of the transport and logistics sector. It was incorporated on 22 June 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U63013KA2010PTC054169. Its GSTIN is 29AAICA5907H1ZI (Karnataka). The company holds 4 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹20 Lakh. It is led by directors including George Thomas and Balaji Nagarajan Srinivasachari.
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 Bangalore, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹56.34 Cr, a decline of 12% compared to the previous year. For the same year it recorded a net profit of ₹3.23 Cr (net margin 5.7%) and EBITDA of ₹4.66 Cr (EBITDA margin 8.3%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 15% over five years.
The company has about 60 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Affreighter Logistics. As per MCA filings, the company has open charges of ₹74.03 Lakh and satisfied charges of ₹1.3 Cr on record. Court records list 19 cases involving the company, including 18 filed by the company and 1 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website affreighterlogistics.com.
- EmailLocked
- TelephoneLocked
- Website
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- Registered AddressNo.18 Muthusri Complex 2nd Floor Ramamurthy Nagar Main Road Dodda Banasw, Adi, Bangalore, Karnataka, India – 560043
- IndustryTransport and Logistics, Integrated & Diversified Logistics Services
- 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
Business Activity of Affreighter Logistics Private Limited
The main business activity of Affreighter Logistics is transport and storage. In detail, this covers services incidental to land, water & air transportation.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| H | Transport and storage | H5 | Services incidental to land, water & air transportation | 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.
Financials of Affreighter Logistics Private Limited FY 2025 filings available
Affreighter Logistics Private Limited reported revenue of ₹56.34 Cr (down 12% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Affreighter Logistics Private Limited
Revenue fell 12% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 15%. EBITDA fell 14% 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 Affreighter Logistics Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹4.66 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹3.23 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 Affreighter Logistics Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 5.7% | •••• | •••• | •••• | •••• |
| 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 Affreighter Logistics 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.
Peer Comparison of Affreighter Logistics Private Limited
Affreighter Logistics Private Limited is compared with the companies closest to it by revenue in the Transport and Logistics industry (Diversified Logistics). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Multiverse Exim Private Limited | ₹56.51 Cr (FY 2025) | •••• | •••• | 72.0% | •••• | Mumbai, Maharashtra, India |
| Cargomasters Logistics Private Limited | ₹56.47 Cr (FY 2025) | •••• | •••• | 47.0% | •••• | New Delhi, Delhi, India |
| Kalpataru Agro Forest Enterprises Private Limited | ₹56.47 Cr (FY 2024) | •••• | •••• | -2.0% | •••• | Kolkata, West Bengal, India |
| Ahar Infra Logistics Private Limited | ₹56.45 Cr (FY 2024) | •••• | •••• | 5.0% | •••• | Kishanganj, Bihar, India |
| Globe Forwarding Agencies Private Limited | ₹56.37 Cr (FY 2024) | •••• | •••• | -13.0% | •••• | Chennai, Tamil Nadu, India |
| Affreighter Logistics Private Limited this company | ₹56.34 Cr (FY 2024) | •••• | •••• | -12.0% | •••• | Bangalore, Karnataka, India |
| Abhinav Transport (India) Private Limited | ₹56.31 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | Yavatmal, Maharashtra, India |
| Fleetonclick India Private Limited | ₹56.2 Cr (FY 2025) | •••• | •••• | 22.0% | •••• | Delhi, India |
| TMC Global Forwarding India Private Limited | ₹56.07 Cr (FY 2025) | •••• | •••• | 118.0% | •••• | Ernakulam, Kerala, India |
| BLG Parekh Logistics Private Limited | ₹56.06 Cr (FY 2023) | •••• | •••• | 16.0% | •••• | Jamnagar, Gujarat, India |
| Ar Shipping Agency Private Limited | ₹56.02 Cr (FY 2024) | •••• | •••• | -44.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Affreighter Logistics by revenue in the Transport and Logistics industry (Diversified Logistics), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Affreighter Logistics Private Limited
Affreighter Logistics Private Limited is audited by VARMA RAJA & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| VARMA RAJA & ASSOCIATES | 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 Affreighter Logistics Private Limited
Affreighter Logistics has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| George Thomas | Director | 22 Jun 2010 | 16 Years 3 Months | Current |
| Balaji Nagarajan Srinivasachari | Director | 30 Mar 2011 | 15 Years 6 Months | Current |
| Latha Balaji | Director | 22 Jun 2010 | 16 Years 3 Months | Current |
Ownership and Shareholding of Affreighter Logistics Private 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 Affreighter Logistics Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 Nov 2024 | Hdfc Bank Limited | ₹6.5 Lakh | Open |
| 09 Feb 2024 | Hdfc Bank Limited | ₹13.42 Lakh | Open |
| 08 Dec 2023 | Hdfc Bank Limited | ₹10 Lakh | Open |
| 24 Jun 2022 | Hdfc Bank Limited | ₹22.11 Lakh | Open |
| 19 Apr 2022 | Hdfc Bank Limited | ₹12 Lakh | Open |
Total charge records: 8 View all charges
Legal Cases of Affreighter Logistics Private Limited
Affreighter Logistics Private Limited has 19 court cases on record: 18 filed by Affreighter Logistics, 1 filed against it. 1 case is pending and 18 are disposed. Status as checked between 28 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 18 | 0 | 1 |
| High courts | 1 | 1 | 0 |
Cases on record (5 of 19)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Execution petition | Filed by the company against JCR Drillsol Private Limited | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Royal Elegance Technologies Private Limited | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Royal Elegance Technologies Private Limited | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Royal Elegance Technologies Private Limited | Disposed |
| District court, BENGALURU, Karnataka | Criminal case | Filed by the company against Dr. Wiesner Test & Automation Private Limited | Disposed |
Full case history
All 19 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 by Affreighter Logistics Private Limited
Affreighter Logistics Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 1 overdue payment to 1 micro and small supplier. 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 (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| S. A. Consultants & Forwarders Private Limited | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 1 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Associated Brands with Affreighter Logistics Private Limited
Affreighter Logistics operates one associated brand: Affreighter Logistics. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers customized supply chain solutions, air freight, ocean freight, and warehousing to companies worldwide. | affreighterlogistics.com |
Employees and EPFO Compliance at Affreighter Logistics Private Limited
Affreighter Logistics Private Limited has a workforce of 60 employees as of Apr 10, 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.
Recent Activity on Affreighter Logistics Private Limited
Affreighter Logistics Private Limited has 4 board changes on record since 2010: 3 appointments and 1 cessation. The latest: Balaji Nagarajan Srinivasachari ceased to be Managing Director on 19 Dec 2011.
6 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Affreighter Logistics Private 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.
Subsidiaries & Group Companies of Affreighter Logistics Private 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.
GST Compliance of Affreighter Logistics Private Limited
Affreighter Logistics has 4 GST registrations: 3 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAICA5907H1ZI | Karnataka | Active | 01 Jul 2017 |
| 33AAICA5907H1ZT | Tamil Nadu | Active | 01 Jul 2017 |
| 27AAICA5907H1ZM | Maharashtra | Active | 15 Jun 2018 |
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.
MCA Filings & Documents of Affreighter Logistics Private 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.
Frequently Asked Questions about Affreighter Logistics Private Limited
Affreighter Logistics is an active private limited company based in Bangalore, Karnataka, India. The company works in integrated and diversified logistics services, within the transport and logistics industry. It was incorporated on 22 June 2010 (16+ years old) and is registered under CIN U63013KA2010PTC054169.
Affreighter Logistics reported revenue of ₹56.34 Cr for FY 2024 (down 12% YoY).
Affreighter Logistics has 3 current directors:
- George Thomas - Director
- Balaji Nagarajan Srinivasachari - Director
- Latha Balaji - Director
Affreighter Logistics reported a net profit of ₹3.23 Cr (net margin 5.7%) and EBITDA of ₹4.66 Cr (EBITDA margin 8.3%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Affreighter Logistics is 13% over three years and 15% over five years. In the latest year (FY 2024) revenue fell 12%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Affreighter Logistics is 29AAICA5907H1ZI, registered in Karnataka. The company has 4 GST registrations in all, of which 3 are active and 1 is cancelled or inactive. Other active GSTINs include 33AAICA5907H1ZT (Tamil Nadu), 27AAICA5907H1ZM (Maharashtra).
The CIN (Corporate Identification Number) of Affreighter Logistics is U63013KA2010PTC054169. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Affreighter Logistics has 19 court cases on record: 18 filed by the company and 1 filed against it. 1 is pending. Most are in the district courts.
Affreighter Logistics was incorporated on 22 June 2010, making it 16+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Affreighter Logistics by revenue are Multiverse Exim Private Limited, Cargomasters Logistics Private Limited, Kalpataru Agro Forest Enterprises Private Limited, Ahar Infra Logistics Private Limited, Globe Forwarding Agencies Private Limited and 5 more, all in the Transport and Logistics industry (Diversified Logistics).
Balaji Nagarajan Srinivasachari ceased to be Managing Director on 19 Dec 2011. Balaji Nagarajan Srinivasachari was appointed as Director on 30 Mar 2011. George Thomas was appointed as Director on 22 Jun 2010. Affreighter Logistics has 4 board changes on record in total.
Affreighter Logistics has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 1 overdue payment to 1 micro and small supplier. The latest return was filed on 29 Apr 2024.