About Circle Cargo Private Limited
Data last updated:
Circle Cargo Private Limited is a private limited company based in Delhi, India. It operates in the carrying and forwarding agents (cfa) segment of the transport and logistics sector. It was incorporated on 03 December 1986 and has been in existence for over 40 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1986PTC026245. Its GSTIN is 27AAACC1025C1ZH (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.5 Lakh. It is led by directors Sachi Bharat Bhanushali and Bharat Peraj Bhanushali.
Its last annual general meeting (AGM) was held on 15 February 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 121 Old Mig Flats Prasad Nagar, Delhi, India – 110005.
As per the financials filed for FY 2024, the company reported a revenue of ₹17.4 Cr, a growth of 62% compared to the previous year. For the same year it recorded a net profit of ₹30.43 Lakh (net margin 1.7%) and EBITDA of ₹1.03 Cr (EBITDA margin 5.9%). Revenue has grown at a compounded annual rate (CAGR) of 20% over three years and 17% over five years.
The company is associated with 1 brand: Circle Cargo. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website circlecargo.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address121 Old Mig Flats Prasad Nagar, Delhi, India – 110005
- 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 Circle Cargo Private Limited
The main business activity of Circle Cargo is transport and storage. In detail, this covers services incidental to land, water & air transportation.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| H | Transport and storage | H5 | Services incidental to land, water & air transportation | 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 Circle Cargo Private Limited FY 2024 filings available
Circle Cargo Private Limited reported revenue of ₹17.4 Cr (up 62% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Circle Cargo Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 17% over five years, including 62% growth in the latest year. EBITDA rose 22% 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 Circle Cargo Private Limited
| 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 | ₹1.03 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹30.43 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 of Circle Cargo Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.7% | •••• | •••• | •••• | •••• |
| 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 Circle Cargo 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.
Peer Comparison of Circle Cargo Private Limited
Circle Cargo Private Limited is compared with the companies closest to it by revenue in the Transport and Logistics industry (Diversified Logistics). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Kalkut Commodeal Private Limited | ₹17.49 Cr (FY 2025) | •••• | •••• | -8.0% | •••• | Kolkata, West Bengal, India |
| Bon Cargos Private Limited | ₹17.47 Cr (FY 2024) | •••• | •••• | 15.0% | •••• | Kollam, Kerala, India |
| Ecl Puyvast (India) Private Limited | ₹17.46 Cr (FY 2024) | •••• | •••• | -30.0% | •••• | Chennai, Tamil Nadu, India |
| Soneta Logistics Private Limited | ₹17.44 Cr (FY 2024) | •••• | •••• | -7.0% | •••• | Mumbai, Maharashtra, India |
| Pragati Logistics Private Limited | ₹17.43 Cr (FY 2025) | •••• | •••• | -46.0% | •••• | New Delhi, Delhi, India |
| Circle Cargo Private Limited this company | ₹17.4 Cr (FY 2024) | •••• | •••• | 62.0% | •••• | Delhi, India |
| Grace Worldwide Movers Private Limited | ₹17.39 Cr (FY 2025) | •••• | •••• | 36.0% | •••• | Mumbai, Maharashtra, India |
| Decent Cargo Movers Private Limited | ₹17.38 Cr (FY 2023) | •••• | •••• | 21.0% | •••• | Mumbai, Maharashtra, India |
| SSR Shipping Private Limited | ₹17.38 Cr (FY 2025) | •••• | •••• | 76.0% | •••• | Delhi, India |
| Zest Worldwide Private Limited | ₹17.37 Cr (FY 2024) | •••• | •••• | 37.0% | •••• | Delhi, India |
| Pande and Gulhane Private Limited | ₹17.36 Cr (FY 2025) | •••• | •••• | 36.0% | •••• | Pusad, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Circle Cargo by revenue in the Transport and Logistics industry (Diversified Logistics), 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 Circle Cargo Private Limited
Circle Cargo Private Limited is audited by LAL AND TALWAR for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| LAL AND TALWAR | 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.
Board of Directors of Circle Cargo Private Limited
Circle Cargo has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sachi Bharat Bhanushali Also directs: Circle Cargo Exim Private Limited | Director | 23 Apr 2024 | 2 Years 5 Months | Current |
| Bharat Peraj Bhanushali Also directs: Veloz Impex LLP, Circle Cargo Exim Private Limited | Director | 10 Sep 2011 | 15 Years 1 Months | Current |
Ownership and Shareholding of Circle Cargo 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 Circle Cargo Private Limited
Circle Cargo Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Circle Cargo Private Limited
Circle Cargo Private Limited has 2 court cases on record: 1 filed by Circle Cargo, 1 filed against it. All cases are disposed. Status as checked between 30 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
| District courts | 1 | 1 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (SS Cases) | Filed against the company by an individual | Disposed |
| High Court of Delhi | Court case (CS(OS)) | Filed by the company against Guide Exports | Disposed |
Full case history
All 2 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.
MSME Payment Delays by Circle Cargo Private Limited
Circle Cargo Private Limited has 12 MSME Form 1 returns on record between 2021 and 2024, listing 419 overdue payments to 6 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 6)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Hansraj Mathuradas Insurance Surveyors and Loss Assessors Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 12 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Associated Brands with Circle Cargo Private Limited
Circle Cargo operates one associated brand: Circle Cargo. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| A logistics company delivering high-quality products and services to clients worldwide. | circlecargo.in |
Employees and EPFO Compliance at Circle Cargo Private Limited
Employment history and EPFO contributions of people linked to Circle Cargo.
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.
Recent Activity on Circle Cargo Private Limited
Circle Cargo Private Limited has 7 board changes on record since 2007: 2 appointments and 5 cessations. The latest: Sachi Bharat Bhanushali was appointed as Director on 23 Apr 2024.
Credit Ratings, Litigation & Regulatory Alerts for Circle Cargo 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.
Subsidiaries & Group Companies of Circle Cargo 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 Circle Cargo Private Limited
Circle Cargo has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACC1025C1ZH | Maharashtra | Active | 13 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 Circle Cargo 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 Circle Cargo Private Limited
Circle Cargo is an active private limited company based in Delhi, India. The company works in carrying and forwarding agents (cfa), within the transport and logistics industry. It was incorporated on 03 December 1986 (40+ years old) and is registered under CIN U74899DL1986PTC026245.
Circle Cargo reported revenue of ₹17.4 Cr for FY 2024 (up 62% YoY).
Circle Cargo has 2 current directors:
- Sachi Bharat Bhanushali - Director
- Bharat Peraj Bhanushali - Director
Circle Cargo reported a net profit of ₹30.43 Lakh (net margin 1.7%) and EBITDA of ₹1.03 Cr (EBITDA margin 5.9%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Circle Cargo is 20% over three years and 17% over five years. In the latest year (FY 2024) revenue rose 62%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Circle Cargo is 27AAACC1025C1ZH, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Circle Cargo is U74899DL1986PTC026245. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Circle Cargo has 2 court cases on record: 1 filed by the company and 1 filed against it. Most are in the high courts.
Circle Cargo was incorporated on 03 December 1986, making it 40+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Circle Cargo by revenue are Kalkut Commodeal Private Limited, Bon Cargos Private Limited, Ecl Puyvast (India) Private Limited, Soneta Logistics Private Limited, Pragati Logistics Private Limited and 5 more, all in the Transport and Logistics industry (Diversified Logistics).
Sachi Bharat Bhanushali was appointed as Director on 23 Apr 2024. Sandeep Arora ceased to be Director on 08 Feb 2012. Lalit Kumar ceased to be Director on 05 Dec 2011. Circle Cargo has 7 board changes on record in total.
Circle Cargo has 12 MSME Form 1 returns on record between 2021 and 2024, listing 419 overdue payments to 6 micro and small suppliers. The latest return was filed on 25 Apr 2024.