MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-24-0098909
Economic Cargo Private Limited
Economic Cargo Private Limited - transport and logistics in Vadodara, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹4.93 Cr
▼ 20% YoY
Net profit · FY 2025
₹9.38 Lakh
Net margin 1.9%
EBITDA · FY 2025
₹12.74 Lakh
EBITDA margin 2.6%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹90 Lakh
Secured borrowings
Company age
24 yrs
Est. 2002
Directors on board
2
As per MCA filings
About Economic Cargo Private Limited
Data last updated:
Economic Cargo Private Limited is a private limited company based in Vadodara, Gujarat, India. It operates in the carriers services segment of the transport and logistics sector. It was incorporated on 14 May 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U63090GJ2002PTC040732. Its GSTIN is 24AABCE0463F2Z5 (Gujarat). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Subhash Chandra Kaushik and Sarlaben Subhashchandra Kaushik.
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 F 7 Gunjan Complexopp Subhash Shopping Centre Harni Road, Vadodara, Gujarat, India – 390006.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.93 Cr, a decline of 20% compared to the previous year. For the same year it recorded a net profit of ₹9.38 Lakh (net margin 1.9%) and EBITDA of ₹12.74 Lakh (EBITDA margin 2.6%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 32% over five years.
As per MCA filings, the company has open charges of ₹90 Lakh on record. Court records list 8 cases involving the company, including 8 filed against it.
Economic Cargo Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-24-0098909). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U63090GJ2002PTC040732
Registration Number 040732
Incorporation Date 14 May 2002
ROC Ahmedabad
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 Micro
Udyam Registration UDYAM-GJ-24-0098909
Recognitions & Rankings of Economic Cargo
Contact details
Economic Cargo Private Limited's registered office is in Vadodara, Gujarat. Its e-mail address is in the company report.
- Email
- Registered AddressF 7 Gunjan Complexopp Subhash Shopping Centre Harni Road, Vadodara, Gujarat, India – 390006
- IndustryTransport and Logistics, Carriers Services
To see the full contact details of Economic Cargo Private Limited, buy the company report.
Comprehensive company report
Economic Cargo 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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Secure checkout · GST invoice included
Business activity
The main business activity of Economic Cargo is transport and storage. In detail, this covers land transport via road.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transport and storage | H1 | Land Transport via Road |
To see the full business activity and turnover split of Economic Cargo Private Limited, buy the company report.
Financials of Economic Cargo Private Limited
FY 2025 filings availableEconomic Cargo Private Limited reported revenue of ₹4.93 Cr (down 20% YoY) for FY 2025.
Revenue · FY 2025
₹4.93 Cr ▼ 20%
Net profit · FY 2025
₹9.38 Lakh margin 1.9%
EBITDA · FY 2025
₹12.74 Lakh margin 2.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 20%
3 years · compounded
▲ 3%
5 years · compounded
▲ 32%
EBITDA CAGR growth
1 year
▲ 24%
3 years · compounded
▼ 12%
5 years · compounded
▲ 83%
Revenue fell 20% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 32%. EBITDA rose 24% 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 | |||||
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| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹12.74 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹9.38 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
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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 | 2.6% | ||||
| Net Profit Margin | 1.9% | ||||
| 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 Economic Cargo Private Limited, buy the company report.
Board of directors of Economic Cargo Private Limited
Economic Cargo has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Subhash Chandra Kaushik | Director | 14 May 2002 | 24 Years 5 Months | Current |
| Sarlaben Subhashchandra Kaushik | Director | 14 May 2002 | 24 Years 5 Months | Current |
Auditor
Economic Cargo Private Limited is audited by PRAKASH CHANDRA JAIN & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PRAKASH CHANDRA JAIN & CO | FY 2019 | 002438C |
Shareholding
The shareholding of Economic Cargo Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Economic Cargo Private Limited, buy the company report.
Charges & borrowings
Open charges
₹90 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Oct 2002 | 80050764 | Bank of Baroda | ₹90 Lakh | Open |
To see the full charge records of Economic Cargo Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Economic Cargo Private Limited has 8 court cases on record: 8 filed against it. All cases are disposed.
Total cases
8
Filed against the company
8
Disposed
8
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 8 | 0 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Vadodara, Gujarat | Civil suit | Filed against the company by an individual | Disposed |
| District court, Vadodara, Gujarat | Court case (CR EN) | Filed against the company by Shri Ram Transport Finance Co.Ltd.Htrough Harpalsingh Hitendrasingh Gohil | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by an individual | Disposed |
| District court, Vadodara, Gujarat | Court case (SMST S) | Filed against the company by an individual | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Cases SS) | Filed against the company by L T Finance Ltd | Disposed |
To see the full case history of Economic Cargo 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 Economic Cargo Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Economic Cargo has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCE0463F2Z5 | Gujarat | Active | 25 Sep 2018 |
To see the full GST registrations and return filing status of Economic Cargo Private Limited, buy the company report.
Recent activity
Economic Cargo Private Limited has 2 board changes on record since 2002: 2 appointments. The latest: Sarlaben Subhashchandra Kaushik was appointed as Director on 14 May 2002.
AGM
Economic Cargo Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Economic Cargo Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Bank Of Baroda of Rs. 90.00 Lakh registered on 10 Oct 2002 with Charge ID 80050764 was modified on 21 Jun 2014.
Charges
A charge with Bank Of Baroda amounted to Rs. 90.00 Lakh with Charge ID 80050764 was registered on 10 Oct 2002.
Appointed
Sarlaben Subhashchandra Kaushik was appointed as Director.
Appointed
Subhash Chandra Kaushik was appointed as Director.
Incorporation
14 May 2002
Economic Cargo Private Limited was registered on 14 May 2002 with Roc Ahmedabad & aged 24 years 5 months as per MCA records.
Frequently asked questions
Economic Cargo is an active private limited company based in Vadodara, Gujarat, India. The company works in carriers services, within the transport and logistics industry. It was incorporated on 14 May 2002 (24+ years old) and is registered under CIN U63090GJ2002PTC040732.
Economic Cargo has 2 current directors:
- Subhash Chandra Kaushik - Director
- Sarlaben Subhashchandra Kaushik - Director
The latest financial statements of Economic Cargo 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 Economic Cargo is 24AABCE0463F2Z5, registered in Gujarat. 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 Economic Cargo is U63090GJ2002PTC040732. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Economic Cargo has 8 court cases on record: 8 filed against it.
Economic Cargo was incorporated on 14 May 2002, making it 24+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Sarlaben Subhashchandra Kaushik was appointed as Director on 14 May 2002. Subhash Chandra Kaushik was appointed as Director on 14 May 2002.
Yes, Economic Cargo is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-24-0098909).
The registered office of Economic Cargo is at F 7 Gunjan Complexopp Subhash Shopping Centre Harni Road, Vadodara, Gujarat, India – 390006.
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