MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0249838
Desire Cargo India Private Limited - transport and logistics in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹25.88 Cr
▲ 45% YoY
Net profit · FY 2025
₹1.26 Cr
Net margin 4.9%
EBITDA · FY 2025
₹1.79 Cr
EBITDA margin 6.9%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹46.58 Lakh
Secured borrowings
Company age
13 yrs
Est. 2013
Employees · EPFO
29
Provident fund records
About Desire Cargo India Private Limited
Data last updated:
Desire Cargo India Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the air cargo services and logistics segment of the transport and logistics sector. It was incorporated on 17 October 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U63020KA2013PTC071451. Its GSTIN is 29AAECD8244N1Z2 (Karnataka). The company holds 4 GST registrations, all of them active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Ramamurthy Anusakavelan and Rangaswamy Annapurna.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No.18 1st Floor Flour Mill Road Konena Agrahara Hal Post, Bangalore, Karnataka, India – 560017.
As per the financials filed for FY 2025, the company reported a revenue of ₹25.88 Cr, a growth of 45% compared to the previous year. For the same year it recorded a net profit of ₹1.26 Cr (net margin 4.9%) and EBITDA of ₹1.79 Cr (EBITDA margin 6.9%). Revenue has grown at a compounded annual rate (CAGR) of 20% over three years and 33% over five years.
The company has about 29 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Desire Cargo. As per MCA filings, the company has open charges of ₹46.58 Lakh on record. Court records list 10 cases involving the company, including 6 filed by the company and 4 filed against it; 2 cases are pending.
Desire Cargo India Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0249838). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website desirecargo.com.
Company details
CIN U63020KA2013PTC071451
Registration Number 071451
Incorporation Date 17 October 2013
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-03-0249838
Recognitions & Rankings of Desire Cargo India
Contact details
Desire Cargo India Private Limited's registered office is in Bangalore, Karnataka. Its website is desirecargo.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo.18 1st Floor Flour Mill Road Konena Agrahara Hal Post, Bangalore, Karnataka, India – 560017
- IndustryTransport and Logistics, Air Cargo Services & Logistics
To see the full contact details of Desire Cargo India Private Limited, buy the company report.
Comprehensive company report
Desire Cargo India Private Limited - one report that includes everything
- 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
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Brands
Desire Cargo India operates one associated brand: Desire Cargo. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers comprehensive multi-modal freight forwarding solutions for businesses. | desirecargo.com |
Business activity
The main business activity of Desire Cargo India is transport and storage. In detail, this covers services incidental to land, water & air transportation.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transport and storage | H5 | Services incidental to land, water & air transportation |
To see the full business activity and turnover split of Desire Cargo India Private Limited, buy the company report.
Financials of Desire Cargo India Private Limited
FY 2025 filings availableDesire Cargo India Private Limited reported revenue of ₹25.88 Cr (up 45% YoY) for FY 2025.
Revenue · FY 2025
₹25.88 Cr ▲ 45%
Net profit · FY 2025
₹1.26 Cr margin 4.9%
EBITDA · FY 2025
₹1.79 Cr margin 6.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 45%
3 years · compounded
▲ 20%
5 years · compounded
▲ 33%
EBITDA CAGR growth
1 year
▲ 75%
3 years · compounded
▲ 31%
5 years · compounded
▲ 49%
Revenue has grown at a compounded annual rate (CAGR) of 33% over five years, including 45% growth in the latest year. EBITDA rose 75% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
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| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.79 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.26 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.9% | ||||
| Net Profit Margin | 4.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Desire Cargo India Private Limited, buy the company report.
Board of directors of Desire Cargo India Private Limited
Desire Cargo India has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramamurthy Anusakavelan | Director | 01 Sep 2014 | 12 Years 2 Months | Current |
| Rangaswamy Annapurna | Director | 29 Aug 2019 | 7 Years 2 Months | Current |
Peer comparison
Desire Cargo India Private Limited is compared with the 3 companies closest to it by revenue in the Transport and Logistics industry (Air Cargo), with the same principal business activity (services incidental to land, water & air transportation), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Red Express Transport Services Limited | ₹33.29 Cr (FY 2024) | -74.0% | New Delhi, Delhi, India | |||
| Air Cargo Connections (India) Private Limited | ₹26.43 Cr (FY 2024) | -31.0% | Chennai, Tamil Nadu, India | |||
| Desire Cargo India Private Limitedthis company | ₹25.88 Cr (FY 2025) | ₹1.26 Cr | 4.9% | 45.0% | 29 | Bangalore, Karnataka, India |
| Avs Cargo Management Services Private Limited | ₹23.91 Cr (FY 2025) | -11.0% | Kancheepuram, Tamil Nadu, India |
To see the full peer comparison of Desire Cargo India Private Limited, buy the company report.
Auditor
Desire Cargo India Private Limited is audited by G V RAMESH & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G V RAMESH & CO | FY 2023 | 009604S |
Shareholding
The shareholding of Desire Cargo India 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 Desire Cargo India Private Limited, buy the company report.
Charges & borrowings
Open charges
₹46.58 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Mar 2025 | 101095066 | Hdfc Bank Limited | ₹32 Lakh | Open | |
| 18 Jul 2022 | 100598212 | Hdfc Bank Limited | ₹14.58 Lakh | Open |
Total charge records: 2 View all charges
Legal cases
Desire Cargo India Private Limited has 10 court cases on record: 6 filed by Desire Cargo India, 4 filed against it. 2 cases are pending and 8 are disposed.
Total cases
10
Filed by the company
6
Filed against the company
4
Pending
2
Disposed
8
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 3 | 1 |
| High courts | 2 | 1 | 1 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Appeal | Filed against the company by Fast Forward Logistics India Pvt. Ltd., | Pending |
| District court, BENGALURU, Karnataka | Court case (Com.EX.) | Filed by the company against Fast Forward Logistics India Pvt Ltd | Pending |
| High Court | Appeal | Filed by the company against M/S Freight Systems (India) Pvt. Ltd., | Disposed |
| District court, BENGALURU, Karnataka | Court case (Com.EX.) | Filed by the company against M/S Lakshmi Components Pvt Ltd | Disposed |
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed by the company against M/S Lakshmi Components Pvt Ltd | Disposed |
To see the full case history of Desire Cargo India 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Desire Cargo India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Desire Cargo India Private Limited has a workforce of 29 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
Employee count
29
Active EPFO establishments
1
Employee growth
11.54%
GST
Desire Cargo India has 4 GST registrations: 4 active.
Total GSTINs
4
Active
4
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECD8244N1Z2 | Karnataka | Active | 01 Jul 2017 |
| 33AAECD8244N1ZD | Tamil Nadu | Active | 09 Dec 2020 |
| 07AAECD8244N1Z8 | Delhi | Active | 24 Feb 2022 |
| 27AAECD8244N1Z6 | Maharashtra | Active | 06 May 2024 |
To see the full GST registrations and return filing status of Desire Cargo India Private Limited, buy the company report.
Recent activity
Desire Cargo India Private Limited has 6 board changes on record since 2014: 2 appointments and 4 cessations. The latest: Jithendra Kalale Puttaswamy ceased to be Director on 19 Nov 2019.
AGM
Desire Cargo India Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Desire Cargo India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 32.00 Lakh with Charge ID 101095066 was registered on 27 Mar 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 14.58 Lakh with Charge ID 100598212 was registered on 18 Jul 2022.
Ceased
Jithendra Kalale Puttaswamy ceased to be Director.
Appointed
Rangaswamy Annapurna was appointed as Director.
Ceased
Manjunath ceased to be Director.
Ceased
Devaraj Gurappa ceased to be Director.
Ceased
Mohanraj Gurappa ceased to be Director.
Appointed
Ramamurthy Anusakavelan was appointed as Director.
Incorporation
17 Oct 2013
Desire Cargo India Private Limited was registered on 17 Oct 2013 with Roc Bangalore & aged 13 years 15 days as per MCA records.
Frequently asked questions
Desire Cargo India is an active private limited company based in Bangalore, Karnataka, India. The company works in air cargo services and logistics, within the transport and logistics industry. It was incorporated on 17 October 2013 (13+ years old) and is registered under CIN U63020KA2013PTC071451.
Desire Cargo India has 2 current directors:
- Ramamurthy Anusakavelan - Director
- Rangaswamy Annapurna - Director
The latest financial statements of Desire Cargo India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Desire Cargo India is 29AAECD8244N1Z2, registered in Karnataka. The company has 4 GST registrations in all, of which 4 are active. Other active GSTINs include 33AAECD8244N1ZD (Tamil Nadu), 07AAECD8244N1Z8 (Delhi), 27AAECD8244N1Z6 (Maharashtra).
The CIN (Corporate Identification Number) of Desire Cargo India is U63020KA2013PTC071451. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Desire Cargo India has 10 court cases on record: 6 filed by the company and 4 filed against it. 2 are pending. Most are in the district courts.
Desire Cargo India was incorporated on 17 October 2013, making it 13+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Desire Cargo India by revenue are Red Express Transport Services Limited, Air Cargo Connections (India) Private Limited, Avs Cargo Management Services Private Limited, all in the Transport and Logistics industry (Air Cargo), with the same principal business activity (services incidental to land, water & air transportation).
Jithendra Kalale Puttaswamy ceased to be Director on 19 Nov 2019. Rangaswamy Annapurna was appointed as Director on 29 Aug 2019. Manjunath ceased to be Director on 10 Jan 2019. Desire Cargo India has 6 board changes on record in total.
Yes, Desire Cargo India is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0249838).
Desire Cargo India can be reached through the website desirecargo.com. Its registered office is in Bangalore, Karnataka, India.
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