About DLC Forwarders Private Limited
Data last updated:
DLC Forwarders Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Liladhar Pasoo Forwarders Pvt Ltd. It operates in the cargo services segment of the transport and logistics sector. It was incorporated on 26 July 1988 and has been in existence for over 38 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U63010MH1988PTC048236. Its GSTIN is 27AAACD1480A1Z9 (Maharashtra). The company holds 7 GST registrations, all of them active.
The company has an authorised share capital of ₹1.25 Cr and a paid-up capital of ₹1.01 Cr. It was formerly known as Devendra Laxmichand Cargo Forwarders Private Limited. It is led by directors including Gautam Zaverchand Shah and Devendra Liladhar Shah.
Its last annual general meeting (AGM) was held on 27 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 57 Mulji House Devji Ratansi Marg, Mumbai, Maharashtra, India – 400009.
As per the financials filed for FY 2025, the company reported a revenue of ₹7.61 Cr, a growth of 8% compared to the previous year. For the same year it recorded a net profit of ₹42.97 Lakh (net margin 5.6%) and EBITDA of ₹1.08 Cr (EBITDA margin 14.1%). Revenue has declined at a compounded annual rate (CAGR) of 5% over three years and 1% over five years.
As per MCA filings, the company has open charges of ₹5.5 Cr and satisfied charges of ₹15.9 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website dlcforwarders.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address57 Mulji House Devji Ratansi Marg, Mumbai, Maharashtra, India – 400009
- IndustryTransport and Logistics, Cargo Services
- 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 DLC Forwarders Private Limited
The main business activity of DLC Forwarders is transportation and storage. In detail, this covers warehousing and support activities for transportation.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| H | Transportation and storage | 52 | Warehousing and support activities for 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 DLC Forwarders Private Limited FY 2024 filings available
DLC Forwarders Private Limited reported revenue of ₹7.61 Cr (up 8% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of DLC Forwarders Private Limited
Revenue rose 8% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 1%. EBITDA rose 51% 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 DLC Forwarders Private Limited
| 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 | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹1.08 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹42.97 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 DLC Forwarders Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 14.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 5.6% | •••• | •••• | •••• | •••• |
| 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 DLC Forwarders 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 DLC Forwarders Private Limited
DLC Forwarders Private Limited is compared with the companies closest to it by revenue in the Transport and Logistics industry (Carrying and Forwarding Agents). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Indo-Overseas Consultants Private Limited | ₹7.76 Cr (FY 2025) | •••• | •••• | 25.0% | •••• | Chennai, Tamil Nadu, India |
| Shreearihant Logistics Pvt Ltd | ₹7.73 Cr (FY 2025) | •••• | •••• | -11.0% | •••• | Guwahati, Assam, India |
| Transfreight Marine Services Private Limited | ₹7.68 Cr (FY 2021) | •••• | •••• | 50.0% | •••• | Chennai, Tamil Nadu, India |
| VSS Smart Shipping India Private Limited | ₹7.65 Cr (FY 2024) | •••• | •••• | 195.0% | •••• | Chennai, Tamil Nadu, India |
| Clipper Express Private Limited | ₹7.62 Cr (FY 2025) | •••• | •••• | -17.0% | •••• | New Delhi, Delhi, India |
| DLC Forwarders Private Limited this company | ₹7.61 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | Mumbai, Maharashtra, India |
| Palak Logistics Private Limited | ₹7.57 Cr (FY 2025) | •••• | •••• | 18.0% | •••• | Navi Mumbai, Maharashtra, India |
| Fil Logistics Private Limited | ₹7.53 Cr (FY 2025) | •••• | •••• | -31.0% | •••• | Kolkata, West Bengal, India |
| Shagun Marketing Services Private Limited | ₹7.52 Cr (FY 2025) | •••• | •••• | 31.0% | •••• | New Delhi, Delhi, India |
| WWLP Logistics Private Limited | ₹7.43 Cr (FY 2024) | •••• | •••• | 289.0% | •••• | Mumbai, Maharashtra, India |
| Jit Global Freight Solutions Private Limited | ₹7.42 Cr (FY 2025) | •••• | •••• | 35.0% | •••• | Delhi, India |
Peers are the five companies nearest above and the five nearest below DLC Forwarders by revenue in the Transport and Logistics industry (Carrying and Forwarding Agents), 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 DLC Forwarders Private Limited
DLC Forwarders Private Limited is audited by KIRAN MEHTA & CO. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| KIRAN MEHTA & CO. | 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 DLC Forwarders Private Limited
DLC Forwarders has 8 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gautam Zaverchand Shah | Director | 25 Aug 2025 | 1 Years 1 Months | Current |
| Devendra Liladhar Shah | Director | 26 Jul 1988 | 38 Years 2 Months | Current |
| Pranav Kishore Shah Also directs: Emperius Railtech LLP | Director | 22 Feb 2008 | 18 Years 7 Months | Current |
| Shivan Devendra Shah Also directs: LP Multilogistics LLP, Emperius Railtech LLP, Liladhar Developers Private Limited and 5 more | Director | 16 Oct 2002 | 23 Years 11 Months | Current |
| Laxmichand Visanji Shah | Director | 16 Oct 2002 | 23 Years 11 Months | Current |
| Zubin Zaverchand Shah Also directs: Emperius Railtech LLP, Safetrans Multimodal Private Limited, LP (India) Logistics Private Limited and 3 more | Director | 25 Aug 2025 | 1 Years 1 Months | Current |
Ownership and Shareholding of DLC Forwarders 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 DLC Forwarders Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Jul 2023 | Hdfc Bank Limited | ₹5.5 Cr | Open |
| 19 Nov 2020 | Others | ₹5.05 Cr | Satisfied |
| 08 May 2020 | Others | ₹2.75 Cr | Satisfied |
| 08 May 2020 | Others | ₹2.05 Cr | Satisfied |
| 08 May 2020 | Others | ₹25 Lakh | Satisfied |
Total charge records: 8 View all charges
Legal Cases of DLC Forwarders Private Limited
DLC Forwarders Private Limited has 1 court case on record: 1 filed by DLC Forwarders. All case is disposed. Status as checked on 01 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons warrant cases SW) | Filed by the company against an individual | Disposed |
Full case history
All 1 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.
Employees and EPFO Compliance at DLC Forwarders Private Limited
Employment history and EPFO contributions of people linked to DLC Forwarders.
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.
CIN History of DLC Forwarders Private Limited
DLC Forwarders has one previous CIN (Corporate Identification Number): U63010MH2004PTC048236. The current CIN is U63010MH1988PTC048236, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U63010MH1988PTC048236 | Current |
| U63010MH2004PTC048236 | Previous |
Recent Activity on DLC Forwarders Private Limited
DLC Forwarders Private Limited has 15 board changes on record since 1988: 8 appointments and 7 cessations. The latest: Gautam Zaverchand Shah was appointed as Director on 25 Aug 2025.
24 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for DLC Forwarders 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.
MSME Payment Delays by DLC Forwarders Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of DLC Forwarders 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 DLC Forwarders Private Limited
DLC Forwarders has 7 GST registrations: 7 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACD1480A1Z9 | Maharashtra | Active | 01 Jul 2017 |
| 27AAACD1480A2Z8 | Maharashtra | Active | 01 Sep 2024 |
| 07AAACD1480A1ZB | Delhi | Active | 01 Jul 2017 |
| 29AAACD1480A1Z5 | Karnataka | Active | 01 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 DLC Forwarders 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 DLC Forwarders Private Limited
DLC Forwarders is an active private limited company based in Mumbai, Maharashtra, India. The company works in cargo services, within the transport and logistics industry. It was incorporated on 26 July 1988 (38+ years old) and is registered under CIN U63010MH1988PTC048236.
DLC Forwarders reported revenue of ₹7.61 Cr for FY 2025 (up 8% YoY).
DLC Forwarders has 8 current directors:
- Gautam Zaverchand Shah - Director
- Devendra Liladhar Shah - Director
- Pranav Kishore Shah - Director
- Shivan Devendra Shah - Director
- Laxmichand Visanji Shah - Director
- Zubin Zaverchand Shah - Director
- Ravi Kishore Shah - Director
- Zaverchand Liladhar Shah - Director
DLC Forwarders reported a net profit of ₹42.97 Lakh (net margin 5.6%) and EBITDA of ₹1.08 Cr (EBITDA margin 14.1%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of DLC Forwarders is -5% over three years and -1% over five years. In the latest year (FY 2025) revenue rose 8%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of DLC Forwarders is 27AAACD1480A1Z9, registered in Maharashtra. The company has 7 GST registrations in all, of which 7 are active. Other active GSTINs include 27AAACD1480A2Z8 (Maharashtra), 07AAACD1480A1ZB (Delhi), 29AAACD1480A1Z5 (Karnataka).
The CIN (Corporate Identification Number) of DLC Forwarders is U63010MH1988PTC048236. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
DLC Forwarders has 1 court case on record: 1 filed by the company.
DLC Forwarders was incorporated on 26 July 1988, making it 38+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of DLC Forwarders by revenue are Indo-Overseas Consultants Private Limited, Shreearihant Logistics Pvt Ltd, Transfreight Marine Services Private Limited, VSS Smart Shipping India Private Limited, Clipper Express Private Limited and 5 more, all in the Transport and Logistics industry (Carrying and Forwarding Agents).
Gautam Zaverchand Shah was appointed as Director on 25 Aug 2025. Ravi Kishore Shah was appointed as Director on 25 Aug 2025. Zubin Zaverchand Shah was appointed as Director on 25 Aug 2025. DLC Forwarders has 15 board changes on record in total.