About Afl Private Limited
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Afl Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the carrying and forwarding agents (cfa) segment of the transport and logistics sector. It was incorporated on 26 April 1947 and has been in existence for over 79 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U35300MH1947PTC005720. Its GSTIN is 27AABCA2213P1ZR (Maharashtra). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹27 Cr and a paid-up capital of ₹8.89 Cr. It is led by directors including Cyrus Jamshed Guzder (Managing Director) and Farokh Jamshed Guzder (Whole-Time Director).
Its last annual general meeting (AGM) was held on 27 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Afl House Lok Bharati Complex Marol – Maroshi Road Andheri (E), Mumbai, Maharashtra, India – 400059.
As per the financials filed for FY 2025, the company reported a revenue of ₹12.75 Cr, a growth of 7% compared to the previous year. For the same year it recorded a net profit of ₹6.48 Cr (net margin 50.9%) and EBITDA of ₹7.75 Cr (EBITDA margin 60.8%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 8% over five years.
The company has about 17 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹8 Cr and satisfied charges of ₹348.65 Cr on record. Court records list 179 cases involving the company, including 100 filed by the company and 80 filed against it; 17 cases are pending. The company has 1 deal on record (1 acquisition); the latest was in November 2010. Its 4 peer companies in the Transport and Logistics industry (Carrying and Forwarding Agents, Real Estate Leasing), with the same principal business activity (real estate activities with own or leased property) are compared by revenue, 3 larger and 1 smaller; the largest is Adwitya Shaswat Private Limited with revenue of ₹12.86 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website afl.co.in.
Company details
Contact details
Afl Private Limited's registered office is in Mumbai, Maharashtra. Its website is afl.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressAfl House Lok Bharati Complex Marol – Maroshi Road Andheri (E), Mumbai, Maharashtra, India – 400059
- IndustryTransport and Logistics, Carrying & Forwarding Agents (CFA)
To see the full contact details of Afl 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 Afl is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Afl Private Limited, buy the company report.
Financials of Afl Private Limited
FY 2025 filings availableAfl Private Limited reported revenue of ₹12.75 Cr (up 7% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 8% over five years, including 7% growth in the latest year. EBITDA rose 270% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹7.75 Cr | ||||
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| Net Profit (PAT) | ₹6.48 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 60.8% | ||||
| Net Profit Margin | 50.9% | ||||
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To see the full financial statements and ratios of Afl Private Limited, buy the company report.
Board of directors of Afl Private Limited
Afl has 3 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Statira Farrokh Wadia Also directs: Guzder Eco Sensitive Areas Conservation Limited, N S Guzder and Company Private Limited, Sagitarius Ecospaces LLP and 3 more | Director | 20 Apr 1994 | 32 Years 6 Months | Current |
| Cyrus Jamshed Guzder Also directs: Seejay Comtrade and Consultancy LLP, Erangal Comtrade and Consultancy LLP, BDS Projects India Private Limited and 5 more | Managing Director | 19 Aug 1970 | 56 Years 2 Months | Current |
| Farokh Jamshed Guzder Also directs: BDS Projects India Private Limited, Indglobal Network Support Private Limited, N S Guzder and Company Private Limited and 2 more | Whole-Time Director | 01 May 1981 | 45 Years 5 Months | Current |
Peer comparison
Afl Private Limited is compared with the 4 companies closest to it by revenue in the Transport and Logistics industry (Carrying and Forwarding Agents, Real Estate Leasing), with the same principal business activity (real estate activities with own or leased property), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Adwitya Shaswat Private Limited | ₹12.86 Cr (FY 2024) | 11.0% | Bangalore, Karnataka, India | |||
| Vag Exports Private Limited | ₹12.84 Cr (FY 2022) | 13.0% | Bangalore, Karnataka, India | |||
| Gufic Private Limited | ₹12.78 Cr (FY 2025) | -50.0% | Narsari, Gujarat, India | |||
| Afl Private Limitedthis company | ₹12.75 Cr (FY 2025) | ₹6.48 Cr | 50.9% | 7.0% | 17 | Mumbai, Maharashtra, India |
| Property Co Pvt Ltd | ₹12.7 Cr (FY 2025) | -11.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Afl Private Limited, buy the company report.
Auditor
Afl Private Limited is audited by V N S S & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V N S S & CO. | FY 2023 | 157451W |
Shareholding
The shareholding of Afl 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) | |||||
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| Others |
To see the full shareholding pattern of Afl Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Apr 2022 | 100573589 | Hdfc Bank Limited | ₹8 Cr | Open | |
| 22 Feb 2011 | 10272409 | Fedex Express Transportation and Supply Chain Services (India) Private Limited | ₹164 Cr | Satisfied | |
| 19 Nov 2010 | 10258248 | The Zoroastrian Co-Operative Bank Limited | ₹1.5 Cr | Satisfied | |
| 06 Apr 2010 | 10213928 | Idbi Bank Limited | ₹15 Cr | Satisfied | |
| 10 Feb 2010 | 10202359 | The Zoroastrian Co-Operative Bank Limited | ₹1 Cr | Satisfied |
To see the full charge records of Afl Private Limited, buy the company report.
Total charge records: 12 View all charges
Deals & funding
Afl Private Limited has 1 deal on record (1 acquisition); the latest was in November 2010.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2010 | Acquisition | Undisclosed | Buyer: FedEx Corp. Seller: Afl Private Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Afl Private Limited has 179 court cases on record: 100 filed by Afl, 80 filed against it. 17 cases are pending and 162 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 111 | 55 | 10 |
| High courts | 64 | 24 | 7 |
| Supreme Court | 4 | 1 | 0 |
Cases on record (5 of 179)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, DELHI | Appeal | Filed against the company by M/S DHL Express (India) Pvt. Ltd. | Pending |
| Bombay High Court | Writ petition | Filed against the company by Fedex Express Transportation and Supply Chain Services (India) Private Limited | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against Kohlbros Communications Pvt. Ltd. | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against Smart Age Fashion Pvt. Ltd. | Pending |
| Bombay High Court | Writ petition | Filed against the company by Dachser India Pvt. Ltd. | Disposed |
To see the full case history of Afl 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 Afl Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Afl has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
Employees & EPFO
Afl Private Limited has a workforce of 17 employees on its EPFO records as of Jun 21, 2024, across 1 active EPFO establishment.
GST
Afl has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCA2213P1ZR | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Afl Private Limited, buy the company report.
Recent activity
Afl Private Limited has 11 board changes on record since 1970: 3 appointments and 8 cessations. The latest: Minoo Rustomji Shroff ceased to be Director on 07 Sep 2020.
30 earlier events are in the company report.
Frequently asked questions
Afl is an active private limited company based in Mumbai, Maharashtra, India. The company works in carrying and forwarding agents (cfa), within the transport and logistics industry. It was incorporated on 26 April 1947 (79+ years old) and is registered under CIN U35300MH1947PTC005720.
Afl has 3 current directors:
- Cyrus Jamshed Guzder - Managing Director
- Farokh Jamshed Guzder - Whole-Time Director
- Statira Farrokh Wadia - Director
The latest financial statements of Afl on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 27 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Afl is 27AABCA2213P1ZR, registered in Maharashtra. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Afl is U35300MH1947PTC005720. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Afl has 179 court cases on record: 100 filed by the company and 80 filed against it. 17 are pending. Most are in the district courts.
Afl was incorporated on 26 April 1947, making it 79+ years old. It is registered with the Registrar of Companies, Mumbai.
Afl has 1 deal on record (1 acquisition); the latest was in November 2010.
The peers of Afl by revenue are Adwitya Shaswat Private Limited, Vag Exports Private Limited, Gufic Private Limited, Property Co Pvt Ltd, all in the Transport and Logistics industry (Carrying and Forwarding Agents, Real Estate Leasing), with the same principal business activity (real estate activities with own or leased property).
Minoo Rustomji Shroff ceased to be Director on 07 Sep 2020. Shivatosh Nareswar Chakraborty ceased to be Company Secretary on 30 Apr 2020. Vallioor Sivaramakrishnan Viswanathan ceased to be Company Secretary on 31 Mar 2015. Afl has 11 board changes on record in total.
Afl can be reached through the website afl.co.in. Its registered office is in Mumbai, Maharashtra, India.