About Deugro Projects (India) Private Limited
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Deugro Projects (India) Private Limited is a private limited company based in Govandi, Maharashtra, India, a subsidiary of Deugro Freight Forwarding (India) Pvt Ltd.. It operates in the integrated logistics and supply chain solutions segment of the transport and logistics sector. It was incorporated on 25 July 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U63011MH2006PTC163295. Its GSTIN is 27AACCD4204C1ZB (Maharashtra). The company holds 5 GST registrations, all of them active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹25 Lakh. It is led by directors including Mirko Menge and Arun David Kainadath Parambil Devassy.
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 Govandi, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹341.14 Cr, a decline of 18% compared to the previous year. For the same year it recorded a net profit of ₹4.73 Cr (net margin 1.4%) and EBITDA of ₹13.29 Cr (EBITDA margin 3.9%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 3% over five years.
The company has about 99 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Deugro. As per MCA filings, the company has open charges of ₹9.05 Cr on record. Court records list 22 cases involving the company, including 13 filed by the company and 9 filed against it; 3 cases are pending. The company has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹6.1 Lakh; the latest was in February 2010. Its 4 peer companies in the Transport and Logistics industry (Diversified Logistics), with the same principal business activity (services incidental to land, water & air transportation) are compared by revenue, 4 larger; the largest is Fairmacs Shipping & Transport Services Private Limited with revenue of ₹346.66 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website deugro.com.
Company details
Contact details
Deugro Projects (India) Private Limited's registered office is in Govandi, Maharashtra. Its website is deugro.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressOffice Unit No. 1212 12th Floor Universal Majestic Off: Eastern Express Highway Ghatkopar M, Kd Link Rd, Govandi, Maharashtra, India – 400043
- IndustryTransport and Logistics, Integrated & Diversified Logistics Services
To see the full contact details of Deugro Projects (India) 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
Brands
Deugro Projects (India) operates one associated brand: deugro. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Air and ocean freight forwarding services are provided internationally. | deugro.com |
Business activity
The main business activity of Deugro Projects (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 Deugro Projects (India) Private Limited, buy the company report.
Financials of Deugro Projects (India) Private Limited
FY 2025 filings availableDeugro Projects (India) Private Limited reported revenue of ₹341.14 Cr (down 18% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 18% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 3%. EBITDA fell 23% 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 |
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| EBITDA | ₹13.29 Cr | ||||
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| Net Profit (PAT) | ₹4.73 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 3.9% | ||||
| Net Profit Margin | 1.4% | ||||
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To see the full financial statements and ratios of Deugro Projects (India) Private Limited, buy the company report.
Board of directors of Deugro Projects (India) Private Limited
Deugro Projects (India) has 3 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mirko Menge Also directs: DHP Heavylift Solutions Private Limited | Director | 29 Jul 2024 | 2 Years 2 Months | Current |
| Arun David Kainadath Parambil Devassy | Director | 10 Oct 2019 | 7 Years 0 Months | Current |
| Sanal Narayanan Nair | Director | 24 Sep 2018 | 8 Years 1 Months | Current |
Peer comparison
Deugro Projects (India) Private Limited is compared with the 4 companies closest to it by revenue in the Transport and Logistics industry (Diversified Logistics), 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 |
|---|---|---|---|---|---|---|
| Fairmacs Shipping & Transport Services Private Limited | ₹346.66 Cr (FY 2024) | -31.0% | Chennai, Tamil Nadu, India | |||
| MPRS Shipping and Logistics Private Limited | ₹344.6 Cr (FY 2025) | 59.0% | Mumbai, Maharashtra, India | |||
| Aspinwall and Company Limited | ₹342.29 Cr (FY 2025) | 12.0% | Thiruvananthapuram, Kerala, India | |||
| Transin Logistics Private Limited | ₹342.06 Cr (FY 2025) | 135.0% | Hyderabad, Telangana, India | |||
| Deugro Projects (India) Private Limitedthis company | ₹341.14 Cr (FY 2025) | ₹4.73 Cr | 1.4% | -18.0% | 99 | Govandi, Maharashtra, India |
To see the full peer comparison of Deugro Projects (India) Private Limited, buy the company report.
Auditor
Deugro Projects (India) Private Limited is audited by J K Varghese & Co for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| J K Varghese & Co | FY 2022 | 111276W |
Shareholding
The shareholding of Deugro Projects (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 Deugro Projects (India) Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Nov 2024 | 101008551 | Others | ₹95 Lakh | Open | |
| 22 May 2015 | 10578637 | The Hongkong and Shanghai Banking Corporation Limited | ₹8 Cr | Open | |
| 01 Sep 2014 | 10525435 | The Hongkong and Shanghai Banking Corporation Limited | ₹10 Lakh | Open |
To see the full charge records of Deugro Projects (India) Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Deugro Projects (India) Private Limited has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹6.1 Lakh; the latest was in February 2010.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2010 | Secondary share transfer | Undisclosed | Buyer: Deugro Freight Forwarding (India) Private Limited , an individual Seller: 2 individuals |
| Feb 2007 | Funding round | ₹6.1 Lakh | Investors: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Deugro Projects (India) Private Limited has 22 court cases on record: 13 filed by Deugro Projects (India), 9 filed against it. 3 cases are pending and 19 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 17 | 5 | 2 |
| High courts | 5 | 4 | 1 |
Cases on record (5 of 22)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Faridabad, Haryana | Court case (C S) | Filed against the company by Dee Development Engineers Ltd | Pending |
| High Court, TAMIL NADU | Appeal | Filed against the company by Medreich Ltd and 1 other | Disposed |
| High Court, TAMIL NADU | Appeal | Filed against the company by M/S. National Insurance Company Limited and Another and 1 other | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Ms Spar Air Sea Services Pvt Ltd and 4 others | Disposed |
| District court, BENGALURU, Karnataka | Appeal | Filed against the company by Spar Air and Sea Services and 2 others | Pending |
To see the full case history of Deugro Projects (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 Deugro Projects (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Deugro Projects (India) has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| DHP Heavylift Solutions Pvt. Ltd. | U29309MH2022PTC393690 |
To see the full group structure of Deugro Projects (India) Private Limited, buy the company report.
Employees & EPFO
Deugro Projects (India) Private Limited has a workforce of 99 employees on its EPFO records as of Mar 30, 2024, across 1 active EPFO establishment.
GST
Deugro Projects (India) has 5 GST registrations: 5 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCD4204C1ZB | Maharashtra | Active | 01 Jul 2017 |
| 07AACCD4204C1ZD | Delhi | Active | 01 Jul 2017 |
| 29AACCD4204C1Z7 | Karnataka | Active | 01 Jul 2017 |
| 32AACCD4204C1ZK | Kerala | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Deugro Projects (India) Private Limited, buy the company report.
Recent activity
Deugro Projects (India) Private Limited has 12 board changes on record since 2010: 3 appointments and 9 cessations. The latest: Mirko Menge was appointed as Director on 29 Jul 2024.
7 earlier events are in the company report.
News
Frequently asked questions
Deugro Projects (India) is an active private limited company based in Govandi, Maharashtra, India. The company works in integrated and diversified logistics services, within the transport and logistics industry. It was incorporated on 25 July 2006 (20+ years old) and is registered under CIN U63011MH2006PTC163295.
Deugro Projects (India) has 3 current directors:
- Mirko Menge - Director
- Arun David Kainadath Parambil Devassy - Director
- Sanal Narayanan Nair - Director
The latest financial statements of Deugro Projects (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 Deugro Projects (India) is 27AACCD4204C1ZB, registered in Maharashtra. The company has 5 GST registrations in all, of which 5 are active. Other active GSTINs include 07AACCD4204C1ZD (Delhi), 29AACCD4204C1Z7 (Karnataka), 32AACCD4204C1ZK (Kerala).
The CIN (Corporate Identification Number) of Deugro Projects (India) is U63011MH2006PTC163295. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Deugro Projects (India) has 22 court cases on record: 13 filed by the company and 9 filed against it. 3 are pending. Most are in the district courts.
Deugro Projects (India) was incorporated on 25 July 2006, making it 20+ years old. It is registered with the Registrar of Companies, Mumbai.
Deugro Projects (India) has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹6.1 Lakh; the latest was in February 2010.
The peers of Deugro Projects (India) by revenue are Fairmacs Shipping & Transport Services Private Limited, MPRS Shipping and Logistics Private Limited, Aspinwall and Company Limited, Transin Logistics Private Limited, all in the Transport and Logistics industry (Diversified Logistics), with the same principal business activity (services incidental to land, water & air transportation).
Mirko Menge was appointed as Director on 29 Jul 2024. Thomas Carl Press ceased to be Director on 14 Feb 2023. Arun David Kainadath Parambil Devassy was appointed as Director on 10 Oct 2019. Deugro Projects (India) has 12 board changes on record in total.
Deugro Projects (India) can be reached through the website deugro.com. Its registered office is in Govandi, Maharashtra, India.