
About Afl Private Limited
Data last updated:
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 177 cases involving the company, including 100 filed by the company and 69 filed against it; 16 cases are pending. The company has 1 deal on record (1 acquisition); the latest was in November 2010. Its 10 peer companies in the Transport and Logistics industry (Carrying and Forwarding Agents, Real Estate Leasing) are compared by revenue, 5 larger and 5 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.
- EmailLocked
- TelephoneLocked
- 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)
- 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 Afl Private Limited
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 | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property | 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 Afl Private Limited FY 2025 filings available
Afl Private Limited reported revenue of ₹12.75 Cr (up 7% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Afl Private Limited
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 of Afl Private 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 | ₹7.75 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹6.48 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 Afl Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 60.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 50.9% | •••• | •••• | •••• | •••• |
| 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 Afl 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.
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 of Afl Private Limited
Afl Private Limited is compared with the companies closest to it by revenue in the Transport and Logistics industry (Carrying and Forwarding Agents, Real Estate Leasing). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Adwitya Shaswat Private Limited | ₹12.86 Cr (FY 2024) | •••• | •••• | 11.0% | •••• | Bangalore, Karnataka, India |
| SG Clearing Private Limited | ₹12.84 Cr (FY 2025) | •••• | •••• | -31.0% | •••• | New Delhi, Delhi, India |
| Vag Exports Private Limited | ₹12.84 Cr (FY 2022) | •••• | •••• | 13.0% | •••• | Bangalore, Karnataka, India |
| Sicher Engineering India Private Limited | ₹12.79 Cr (FY 2025) | •••• | •••• | 367.0% | •••• | Kakarmajra, Haryana, India |
| Gufic Private Limited | ₹12.78 Cr (FY 2025) | •••• | •••• | -50.0% | •••• | Narsari, Gujarat, India |
| Afl Private Limited this company | ₹12.75 Cr (FY 2025) | •••• | •••• | 7.0% | •••• | Mumbai, Maharashtra, India |
| Anantara Enterprises Private Limited | ₹12.74 Cr (FY 2025) | •••• | •••• | 27.0% | •••• | Chennai, Tamil Nadu, India |
| Ps4 Infratech Private Limited | ₹12.74 Cr (FY 2018) | •••• | •••• | -56.0% | •••• | New Delhi, Delhi, India |
| Ever Cargo Logistics Private Limited | ₹12.72 Cr (FY 2025) | •••• | •••• | 45.0% | •••• | Chennai, Tamil Nadu, India |
| Property Co Pvt Ltd | ₹12.7 Cr (FY 2025) | •••• | •••• | -11.0% | •••• | Kolkata, West Bengal, India |
| Nidhi Castings & Alloys Pvt Ltd. | ₹12.67 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Afl by revenue in the Transport and Logistics industry (Carrying and Forwarding Agents, Real Estate Leasing), 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 Afl Private Limited
Afl Private Limited is audited by V N S S & CO. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| V N S S & CO. | 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.
Ownership and Shareholding of Afl 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 Afl Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Apr 2022 | Hdfc Bank Limited | ₹8 Cr | Open |
| 22 Feb 2011 | Fedex Express Transportation and Supply Chain Services (India) Private Limited | ₹164 Cr | Satisfied |
| 19 Nov 2010 | The Zoroastrian Co-Operative Bank Limited | ₹1.5 Cr | Satisfied |
| 06 Apr 2010 | Idbi Bank Limited | ₹15 Cr | Satisfied |
| 10 Feb 2010 | The Zoroastrian Co-Operative Bank Limited | ₹1 Cr | Satisfied |
Total charge records: 12 View all charges
Deals & Funding of Afl Private Limited
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 |
Full deal history
All 1 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Afl Private Limited
Afl Private Limited has 177 court cases on record: 100 filed by Afl, 69 filed against it, 8 where it is another party. 16 cases are pending and 161 are disposed. Status as checked between 28 Sep 2026 and 05 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 109 | 50 | 9 |
| High courts | 64 | 18 | 7 |
| Supreme Court | 4 | 1 | 0 |
Cases on record (5 of 177)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against Smart Age Fashion Private Limited | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against Kohlbros Communications Private Limited | Pending |
| Bombay High Court | Court case (CARBP) | Filed against the company by DHL Express (India) Private Limited | Disposed |
| Bombay High Court | Court case (CARAP) | Filed against the company by DHL Express (India) Private Limited | Disposed |
| District court, Calcutta, West Bengal | Court case (TS) | Filed against the company by Astoria Hotel Pvt Ltd | Disposed |
Full case history
All 177 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.
Employees and EPFO Compliance at Afl Private Limited
Afl Private Limited has a workforce of 17 employees as of Jun 21, 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.
Group Structure of Afl Private Limited
Afl has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
Recent Activity on Afl Private Limited
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 listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Afl 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.
MSME Payment Delays by Afl Private 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 Afl 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 Afl Private Limited
Afl has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCA2213P1ZR | Maharashtra | Active | 01 Jul 2017 |
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 Afl 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 Afl Private Limited
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 reported revenue of ₹12.75 Cr for FY 2025 (up 7% YoY).
Afl has 3 current directors:
- Cyrus Jamshed Guzder - Managing Director
- Farokh Jamshed Guzder - Whole-Time Director
- Statira Farrokh Wadia - Director
Afl reported a net profit of ₹6.48 Cr (net margin 50.9%) and EBITDA of ₹7.75 Cr (EBITDA margin 60.8%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Afl is 5% over three years and 8% over five years. In the latest year (FY 2025) revenue rose 7%. CAGR is the steady yearly rate that links the first and the last year.
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 177 court cases on record: 100 filed by the company and 69 filed against it. 16 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, SG Clearing Private Limited, Vag Exports Private Limited, Sicher Engineering India Private Limited, Gufic Private Limited and 5 more, all in the Transport and Logistics industry (Carrying and Forwarding Agents, Real Estate Leasing).