- Category
- Small (2023-24)
- Udyam number
- UDYAM-TS-02-0057986

About Bhagwat Chattels Private Limited
Data last updated:
Bhagwat Chattels Private Limited is a private limited company based in Hyderabad, Telangana, India, a subsidiary of Egwood Industries Pvt Ltd. It operates in the cold storage and warehousing services segment of the transport and logistics sector. It was incorporated on 10 July 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U74900TG2013PTC088885. Its GSTIN is 24AAFCB5698F1ZI (Gujarat).
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹1.25 Cr. It was formerly known as Musaddilal Holdings Limited and Musaddilal Holdings Private Limited. It is led by directors including Ganamaneni Gopal Naidu and Pramod Kumar Gupta.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 6 – 3 – 679 1st Floor Elite Plaza Punjagutta, Hyderabad, Telangana, India – 500082.
As per the financials filed for FY 2024, the company reported a revenue of ₹13.64 Cr, a growth of 12% compared to the previous year. For the same year it recorded a net profit of ₹80.46 Lakh (net margin 5.9%) and EBITDA of ₹13.08 Cr (EBITDA margin 95.9%). Revenue has grown at a compounded annual rate (CAGR) of 4% over five years.
As per MCA filings, the company has open charges of ₹130.72 Cr and satisfied charges of ₹86 Cr on record. Court records list 10 cases involving the company, including 6 filed by the company and 4 filed against it; 1 case is pending.
Bhagwat Chattels Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TS-02-0057986). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website musaddilal.in.
Company details
Name history
Bhagwat Chattels has undergone 2 name changes throughout its history. The company was previously known as Musaddilal Holdings Limited, and Musaddilal Holdings Private Limited. The current legal name is Bhagwat Chattels Private Limited.
| Company Name | Status |
|---|---|
| Bhagwat Chattels Private Limited | Current |
| Musaddilal Holdings Limited | Previous |
| Musaddilal Holdings Private Limited | Previous |
CIN history
Bhagwat Chattels has one previous CIN (Corporate Identification Number): U74900AP2013PTC088885. The current CIN is U74900TG2013PTC088885, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74900TG2013PTC088885 | Current |
| U74900AP2013PTC088885 | Previous |
Recognitions & Rankings of Bhagwat Chattels
Contact details
Bhagwat Chattels Private Limited's registered office is in Hyderabad, Telangana. Its website is musaddilal.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address6 – 3 – 679 1st Floor Elite Plaza Punjagutta, Hyderabad, Telangana, India – 500082
- IndustryTransport and Logistics, Cold Storage & Warehousing Services
To see the full contact details of Bhagwat Chattels 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 Bhagwat Chattels is transport and storage. In detail, this covers warehousing and storage.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transport and storage | H6 | Warehousing and storage |
To see the full business activity and turnover split of Bhagwat Chattels Private Limited, buy the company report.
Financials of Bhagwat Chattels Private Limited
FY 2024 filings availableBhagwat Chattels Private Limited reported revenue of ₹13.64 Cr (up 12% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 4% over five years, including 12% growth in the latest year. EBITDA rose 19% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹13.08 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹80.46 Lakh | ||||
| 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 95.9% | ||||
| Net Profit Margin | 5.9% | ||||
| 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 | |||||
To see the full financial statements and ratios of Bhagwat Chattels Private Limited, buy the company report.
Board of directors of Bhagwat Chattels Private Limited
Bhagwat Chattels has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ganamaneni Gopal Naidu | Director | 06 Jul 2022 | 4 Years 4 Months | Current |
| Pramod Kumar Gupta Also directs: Indiaxis Properties Private Limited, Musaddilal Projects Private Limited, Indiaqo Properties Private Limited and 5 more | Director | 10 Jul 2013 | 13 Years 3 Months | Current |
| Rohit Gupta Also directs: Indiaxis Properties Private Limited, Musaddilal Projects Private Limited, Indiaqo Properties Private Limited and 5 more | Director | 10 Jul 2013 | 13 Years 3 Months | Current |
| Gopal Mor Also directs: Khaitan (India) Ltd, Indiaxis Properties Private Limited, Musaddilal Projects Private Limited and 5 more | Director | 01 Jan 2023 | 3 Years 10 Months | Current |
Peer comparison
Bhagwat Chattels Private Limited is compared with the 5 companies closest to it by revenue in the Transport and Logistics industry (Cold Storage and Warehousing), with the same principal business activity (warehousing and storage), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Esr Jhajjar Warehousing and Industrial Park Private Limited | ₹13.68 Cr (FY 2025) | 14.0% | Mumbai, Maharashtra, India | |||
| Musaddilal Properties Private Limited | ₹13.68 Cr (FY 2024) | 6.0% | Hyderabad, Telangana, India | |||
| Shopian Agro Fresh Cold Chain Private Limited | ₹13.66 Cr (FY 2025) | 4.0% | Srinagar, Jammu and Kashmir, India | |||
| Bhagwat Chattels Private Limitedthis company | ₹13.64 Cr (FY 2024) | ₹80.46 Lakh | 5.9% | 12.0% | Hyderabad, Telangana, India | |
| MT Logistics Solutions Private Limited | ₹13.52 Cr (FY 2025) | 427.0% | Ernakulam, Kerala, India | |||
| Synergy Baxi Logistics Private Limited | ₹13.49 Cr (FY 2025) | -3.0% | Jaipur, Rajasthan, India |
To see the full peer comparison of Bhagwat Chattels Private Limited, buy the company report.
Auditor
Bhagwat Chattels Private Limited is audited by MSKA & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MSKA & ASSOCIATES | FY 2023 | 205226 |
Shareholding
The shareholding of Bhagwat Chattels 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) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Bhagwat Chattels Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Jun 2022 | 100593020 | Indian Bank | ₹130.72 Cr | Open | |
| 28 Dec 2015 | 10618374 | State Bank of India | ₹86 Cr | Satisfied |
To see the full charge records of Bhagwat Chattels Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Bhagwat Chattels Private Limited has 10 court cases on record: 6 filed by Bhagwat Chattels, 4 filed against it. 1 case is pending and 9 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 8 | 2 | 1 |
| District courts | 2 | 2 | 0 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TELANGANA | Writ petition | Filed by the company against Union of India, and 3 others | Pending |
| High Court of Gujarat | Court case (MCA) | Filed against the company | Disposed |
| High Court, GUJARAT | Court case (SCR.A) | Filed against the company by an individual | Disposed |
| High Court, GUJARAT | Special civil application | Filed by the company against State of Gujarat and 4 others | Disposed |
| High Court of Gujarat | Special civil application | Filed by the company against Gujarat Industrial Development Corporation | Disposed |
To see the full case history of Bhagwat Chattels 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.
Credit ratings & regulatory alerts
Bhagwat Chattels Private Limited was last rated by Crisil on 16 Jan 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 16 Jan 2020 |
To see the full credit ratings and regulatory alerts of Bhagwat Chattels Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Bhagwat Chattels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Bhagwat Chattels has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
GST
Bhagwat Chattels has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAFCB5698F1ZI | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Bhagwat Chattels Private Limited, buy the company report.
Recent activity
Bhagwat Chattels Private Limited has 6 board changes on record since 2013: 4 appointments and 2 cessations. The latest: Gopal Mor ceased to be Additional Director on 29 Sep 2023.
2 earlier events are in the company report.
Frequently asked questions
Bhagwat Chattels is an active private limited company based in Hyderabad, Telangana, India. The company works in cold storage and warehousing services, within the transport and logistics industry. It was incorporated on 10 July 2013 (13+ years old) and is registered under CIN U74900TG2013PTC088885.
Bhagwat Chattels has 4 current directors:
- Ganamaneni Gopal Naidu - Director
- Pramod Kumar Gupta - Director
- Rohit Gupta - Director
- Gopal Mor - Director
The latest financial statements of Bhagwat Chattels on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Bhagwat Chattels is 24AAFCB5698F1ZI, registered in Gujarat.
The CIN (Corporate Identification Number) of Bhagwat Chattels is U74900TG2013PTC088885. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bhagwat Chattels has 10 court cases on record: 6 filed by the company and 4 filed against it. 1 is pending. Most are in the high courts.
Bhagwat Chattels was incorporated on 10 July 2013, making it 13+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Bhagwat Chattels by revenue are Esr Jhajjar Warehousing and Industrial Park Private Limited, Musaddilal Properties Private Limited, Shopian Agro Fresh Cold Chain Private Limited, MT Logistics Solutions Private Limited, Synergy Baxi Logistics Private Limited, all in the Transport and Logistics industry (Cold Storage and Warehousing), with the same principal business activity (warehousing and storage).
Gopal Mor ceased to be Additional Director on 29 Sep 2023. Gopal Mor was appointed as Director on 01 Jan 2023. Ganamaneni Gopal Naidu ceased to be Additional Director on 30 Sep 2022. Bhagwat Chattels has 6 board changes on record in total.
Yes, Bhagwat Chattels is registered as a small enterprise under Udyam registration (number: UDYAM-TS-02-0057986).
Bhagwat Chattels can be reached through the website musaddilal.in. Its registered office is in Hyderabad, Telangana, India.

