About Synergy Cargo Management
Synergy Cargo Management is a Transportation, Automotive & Logistics company based in Chennai (India). It provides multi-modal freight transportation and comprehensive cargo management solutions. It operates on a B2B model. Its Indian entity Magik Cargo India Private Limited reported revenue of ₹3.45 Cr. Its focus areas include Logistics, Transportation, Freight Services and Multi-Modal Cargo. Its competitors include Allcargo Logistics and CJ Darcl; 2 of its 2 listed competitors have raised funding.
Company details
Synergy Cargo Management, based in Chennai, focuses on streamlining logistics processes, providing transportation services, offering freight services, and multi-modal cargo. Provides multi-modal freight transportation and comprehensive cargo management solutions. The company prioritizes operational excellence, innovation, and customer-centric approaches for success.
- Headquarters Chennai, India
- SectorsTransportation, Automotive & Logistics
- Website scm.co.in
- Legal Name Magik Cargo India Private Limited
- Date of Incorporation 02 Apr, 2004
- Jurisdiction Chennai, Tamil Nadu, India
- Annual Revenue₹3.45 Cr
FY 2024 · +1685% YoY
- Net Profit₹1.11 Cr
FY 2024 · 32% margin
- EBITDA₹1.11 Cr
FY 2024 · 32% margin
Associated legal entities of Synergy Cargo Management
Synergy Cargo Management operates through Magik Cargo 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 |
|---|---|---|---|---|---|---|---|
| Magik Cargo India Private Limited CIN U63090TN2004PTC052885 | Active | 02 Apr 2004 | Chennai, Tamil Nadu | ₹3.5 Cr | 22 | 2 | View details |
Board of directors of Magik Cargo India Private Limited (Synergy Cargo Management)
Magik Cargo India Private Limited is the primary company behind Synergy Cargo Management. The board of Magik Cargo India Private Limited currently have 2 directors; the longest-serving is Ramkumar Ramachandran, appointed in 2004. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Ramkumar Ramachandran DIN 00620912 | Director | 02 Apr 2004 | 22 yrs 7 mo | Magik Cargo India Private Limited |
| Ramkumar Govindarajan DIN 03602170 | Additional Director | 28 Feb 2024 | 2 yrs 8 mo | Magik Cargo India Private Limited |
Financials of Synergy Cargo Management
Figures of Magik Cargo India Private Limited, the primary company behind Synergy Cargo Management, for FY 2024. Revenue was ₹3.45 Cr (+1685% year on year). Net profit was ₹1.11 Cr (32% margin). EBITDA was ₹1.11 Cr (32% margin). Revenue has grown at a compounded annual rate of -60% over three years and -44% over five years.
- ₹3.45 CrRevenue · FY 2024 · +1685% YoY
- ₹1.11 CrNet profit · 32% margin
- ₹1.11 CrEBITDA · 32% margin
- ₹1 LakhPaid-up capital
- 22Employees (provident fund records)
- -60%Revenue CAGR, 3 years
- -44%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Magik Cargo India Private Limited are on its company page.
Detailed financial statements for Synergy Cargo Management
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Competitors of Synergy Cargo Management
Synergy Cargo Management 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 Synergy Cargo Management
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Top companies in Air Cargo
2 companies that operate in the same segment as Synergy Cargo Management (Air Cargo) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
International air cargo logistics are operated through global hubs. | 2021 | Chennai, Tamil Nadu, India | USD 62.14 M | 73 | ||
Delivers air freight forwarding services. | 1996 | Chennai, Tamil Nadu, India | USD 142.29 M | 1,337 |
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Frequently Asked Questions about Synergy Cargo Management
Synergy Cargo Management is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
The primary company behind Synergy Cargo Management, Magik Cargo India Private Limited, reported revenue of ₹3.45 Cr for FY 2024, up 1685% year on year.
Synergy Cargo Management, based in Chennai, focuses on streamlining logistics processes, providing transportation services, offering freight services, and multi-modal cargo. Provides multi-modal freight transportation and comprehensive cargo management solutions. The company prioritizes operational excellence, innovation, and customer-centric approaches for success.
Synergy Cargo Management's top competitors include Allcargo Logistics and CJ Darcl.
Synergy Cargo Management operates through Magik Cargo India Private Limited.
The legal entities of Synergy Cargo Management currently have 2 directors, including Ramkumar Ramachandran, Ramkumar Govindarajan.