About AGXIndia Logistics
AGXIndia Logistics is a Transportation, Automotive & Logistics company based in Chennai (India) founded in 2013 by Magesh Narayanasami. Multi-modal freight forwarding services are provided across various transport modes. The company has 51 employees. Its Indian entity Mgx-247 Logistics Private Limited reported revenue of ₹48.38 Cr. Its focus areas include Transportation and Logistics, Freight Forwarders and Multi Modal. Its competitors include Allcargo Logistics and CJ Darcl; 2 of its 2 listed competitors have raised funding.
Company details
AGXIndia Logistics was founded in 2013 in Chennai, India, by Magesh Narayanasami. Operations focus on the logistics sector, where multi-modal freight forwarding services are offered to facilitate cargo movement via sea, air, road, and rail. The company handles international and domestic shipments, ensuring coordination between transport modes for efficiency. Headquarters are maintained in Chennai, serving clients primarily in India and select global routes.
- Headquarters Chennai, India
- Employees 51
- Founders Magesh Narayanasami
- SectorsTransportation, Automotive & Logistics
- Phone•••• ••••
- Website agxindia.com
- Social LinkedIn X
- Legal Name Mgx-247 Logistics Private Limited
- Date of Incorporation 24 Jun, 2013
- Jurisdiction Chennai, Tamil Nadu, India
- Annual Revenue₹48.38 Cr
FY 2024 · +2% YoY
- Net Profit₹49.5 Lakh
FY 2024 · 1% margin
- EBITDA₹2.71 Cr
FY 2024 · 6% margin
- Employee Count51
Associated legal entities of AGXIndia Logistics
AGXIndia Logistics operates through Mgx-247 Logistics 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 |
|---|---|---|---|---|---|---|---|
| Mgx-247 Logistics Private Limited CIN U74999TN2013PTC091798 | Active | 24 Jun 2013 | Chennai, Tamil Nadu | ₹48.4 Cr | 51 | 2 | View details |
Board of directors of Mgx-247 Logistics Private Limited (AGXIndia Logistics)
Mgx-247 Logistics Private Limited is the primary company behind AGXIndia Logistics. The board of Mgx-247 Logistics Private Limited currently have 2 directors; the longest-serving is Sruthi Magesh, appointed in 2019. 5 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sruthi Magesh DIN 08522474 | Whole-time director | 31 Jul 2019 | 7 yrs 3 mo | Mgx-247 Logistics Private Limited |
| Magesh Shyam DIN 08532977 | Whole-time director | 10 Aug 2019 | 7 yrs 3 mo | Mgx-247 Logistics Private Limited |
People of AGXIndia Logistics
1 people are tracked at AGXIndia Logistics (1 in leadership); the tracked headcount is 51.
| Name | Role | Group |
|---|---|---|
Magesh Narayanasami | Founder | Leadership |
Complete people profiles for AGXIndia Logistics
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Financials of AGXIndia Logistics
Figures of Mgx-247 Logistics Private Limited, the primary company behind AGXIndia Logistics, for FY 2024. Revenue was ₹48.38 Cr (+2% year on year). Net profit was ₹49.5 Lakh (1% margin). EBITDA was ₹2.71 Cr (6% margin). Revenue has grown at a compounded annual rate of +27% over three years and +27% over five years.
- ₹48.38 CrRevenue · FY 2024 · +2% YoY
- ₹49.5 LakhNet profit · 1% margin
- ₹2.71 CrEBITDA · 6% margin
- ₹76.5 LakhPaid-up capital
- 51Employees (provident fund records)
- +27%Revenue CAGR, 3 years
- +27%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Mgx-247 Logistics Private Limited are on its company page.
Detailed financial statements for AGXIndia Logistics
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- Five-year trends
- Downloads
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Competitors of AGXIndia Logistics
AGXIndia Logistics has 2 listed competitors in our database, 2 of them funded. They include Allcargo Logistics and CJ Darcl.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| allcargologistics.com | 1993 | Mumbai, India | $18M | 182 | Multi-modal freight transportation, warehousing, and logistics services are provided globally. | |
| cjdarcl.com | 1975 | Gurugram, India | $17.31M | 6,166 | Multi-modal freight forwarding, logistics, and warehousing services are provided. |
Detailed competitors of AGXIndia Logistics
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- Full competitor set
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Top companies in Freight Forwarders
3 companies that operate in the same segment as AGXIndia Logistics (Freight Forwarders) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Multimodal logistics and supply chain solutions are provided comprehensively. | 1958 | Gurugram, Haryana, India | USD 524.07 M | 397 | ||
Integrated supply chain and mobility solutions are provided globally. | 2009 | Mumbai, Maharashtra, India | USD 33.05 M | USD 745.97 M | 227 | |
Multi-modal freight transportation, warehousing, and logistics services are provided globally. | 1993 | Mumbai, Maharashtra, India | USD 18 M | USD 219.35 M | 2,622 |
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Frequently Asked Questions about AGXIndia Logistics
AGXIndia Logistics was founded in 2013.
AGXIndia Logistics is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
AGXIndia Logistics has 51 employees.
The primary company behind AGXIndia Logistics, Mgx-247 Logistics Private Limited, reported revenue of ₹48.38 Cr for FY 2024, up 2% year on year.
AGXIndia Logistics was founded in 2013 in Chennai, India, by Magesh Narayanasami. Operations focus on the logistics sector, where multi-modal freight forwarding services are offered to facilitate cargo movement via sea, air, road, and rail. The company handles international and domestic shipments, ensuring coordination between transport modes for efficiency. Headquarters are maintained in Chennai, serving clients primarily in India and select global routes.
AGXIndia Logistics's top competitors include Allcargo Logistics and CJ Darcl.
AGXIndia Logistics operates through Mgx-247 Logistics Private Limited.
The legal entities of AGXIndia Logistics currently have 2 directors, including Sruthi Magesh, Magesh Shyam.