About Afex Express
Afex Express is a Transportation, Automotive & Logistics company. It operates as a courier and logistics services operating in India and internationally. It operates in the Transportation, Automotive & Logistics and Industrial Goods & Manufacturing sectors. Its Indian entity Afex Express India Private Limited reported revenue of ₹66.7 Lakh. Afex Express offers products and services including Courier Services and Same Day Delivery. Its focus areas include Logistics, Warehousing, Storage Solutions and Godown Facilities.
Company details
Afex Express has been operated in the courier business since 1990, starting with limited delivery areas and expanding to a vast network covering nearly 10,000 locations in India and abroad. Valuable services are delivered by the company, with systems upgraded over time to incorporate innovative ideas for customer satisfaction. Logistic solutions, including godown facilities and same-day services, are provided to meet client needs, while opportunities for employment and business ownership are created for educated individuals. Technological advancements are utilized to ensure sustained quality and customer-friendly operations.
- SectorsTransportation, Automotive & LogisticsIndustrial Goods & Manufacturing
- Email••••••••
- Legal Name Afex Express India Pvt. Ltd
- Date of Incorporation 31 May, 2014
- Jurisdiction Jaipur, Rajasthan, India
- Annual Revenue₹66.7 Lakh
FY 2024 · -21% YoY
- Net Loss-₹4.2 Lakh
FY 2024 · -6% margin
- EBITDA₹7.1 Lakh
FY 2024 · 11% margin
Associated legal entities of Afex Express
Afex Express operates through Afex Express India Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Afex Express India Private Limited CIN U64100RJ2014PTC045669 | Active | 31 May 2014 | Jaipur, Rajasthan | ₹0.7 Cr | – | 3 | View details |
Products & Services of Afex Express
Afex Express offers a comprehensive portfolio of products and services, including Courier Services and Same Day Delivery.
Delivery services for packages and documents are offered across various locations
Bookings made in the morning are delivered by the evening of the same day
Board of directors of Afex Express India Private Limited (Afex Express)
Afex Express India Private Limited is the primary company behind Afex Express. The board of Afex Express India Private Limited currently have 3 directors; the longest-serving is Bharat Lal Panecha, appointed in 2014. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Bharat Lal Panecha DIN 06871559 | Director | 31 May 2014 | 12 yrs 4 mo | Afex Express India Private Limited |
| Ashok Kumar Panecha DIN 06871634 | Director | 31 May 2014 | 12 yrs 4 mo | Afex Express India Private Limited |
| Poonam Panecha DIN 08709713 | Director | 25 Feb 2020 | 6 yrs 7 mo | Afex Express India Private Limited |
Financials of Afex Express
Figures of Afex Express India Private Limited, the primary company behind Afex Express, for FY 2024. Revenue was ₹66.7 Lakh (-21% year on year). Net loss was -₹4.2 Lakh (-6% margin). EBITDA was ₹7.1 Lakh (11% margin). Revenue has grown at a compounded annual rate of +10% over three years and +7% over five years.
- ₹66.7 LakhRevenue · FY 2024 · -21% YoY
- -₹4.2 LakhNet loss · -6% margin
- ₹7.1 LakhEBITDA · 11% margin
- ₹1 LakhPaid-up capital
- +10%Revenue CAGR, 3 years
- +7%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Afex Express India Private Limited are on its company page.
Detailed financial statements for Afex Express
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
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Top companies in Warehousing
10 companies that operate in the same segment as Afex Express (Warehousing), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Sustainable supply chain solutions are delivered via asset pooling. | 2013 | Mumbai, Maharashtra, India | USD 214.47 M | USD 30.93 M | 246 | |
Autonomous mobile robots are supplied for warehouse operations. | 2015 | Beijing, Beijing, China | USD 532.19 M | USD 441.92 M | 722 | |
Integrated supply chain and mobility solutions are provided globally. | 2009 | Mumbai, Maharashtra, India | USD 33.05 M | USD 745.97 M | 4,100 | |
Multi-modal freight transportation, warehousing, and logistics services are provided globally. | 1993 | Mumbai, Maharashtra, India | USD 18 M | USD 219.35 M | 557 | |
Precision engineering solutions for automotive and non-automotive sectors. | 1981 | Bengaluru, Karnataka, India | – | USD 283.29 M | 4,783 | |
Provider of integrated road and rail cargo transportation and warehousing solutions | 2010 | Delhi, Delhi, India | USD 5.09 M | USD 58.94 M | 577 | |
Integrated temperature-controlled logistics services are provided for sensitive products. | 1993 | Delhi, Delhi, India | USD 10.4 M | USD 64.38 M | 542 | |
Lineage is recognized as a leader in cold storage and logistics solutions. | 2012 | Novi, Michigan, United States | USD 5.03 B | USD 5.36 B | 26,000 | |
Freight shipping, logistics, and supply chain solutions are provided globally. | 1935 | Green Bay, Wisconsin, United States | – | USD 5.67 B | 19,400 | |
Marketplace for self-storage units is provided to customers. | 1972 | Los Angeles, California, United States | – | USD 4.82 B | 5,900 |
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Frequently Asked Questions about Afex Express
The primary company behind Afex Express, Afex Express India Private Limited, reported revenue of ₹66.7 Lakh for FY 2024, down 21% year on year.
Afex Express has been operated in the courier business since 1990, starting with limited delivery areas and expanding to a vast network covering nearly 10,000 locations in India and abroad. Valuable services are delivered by the company, with systems upgraded over time to incorporate innovative ideas for customer satisfaction. Logistic solutions, including godown facilities and same-day services, are provided to meet client needs, while opportunities for employment and business ownership are created for educated individuals. Technological advancements are utilized to ensure sustained quality and customer-friendly operations.
Afex Express offers Courier Services and Same Day Delivery.
Afex Express operates through Afex Express India Private Limited.
The legal entities of Afex Express currently have 3 directors, including Poonam Panecha, Bharat Lal Panecha, Ashok Kumar Panecha.