MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-DL-06-0007929
Economic Freight Carriers Limited - transport and logistics in Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹13.59 Cr
▲ 11% YoY
Net profit · FY 2024
₹26.81 Lakh
Net margin 2%
EBITDA · FY 2024
₹34.68 Lakh
EBITDA margin 2.6%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹50 Lakh
Issued & subscribed
Satisfied charges
₹7 Lakh
No open charges
Company age
23 yrs
Est. 2003
Directors on board
8
As per MCA filings
About Economic Freight Carriers Limited
Data last updated:
Economic Freight Carriers Limited is a public 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 15 February 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U63013DL2003PLC118822. Its GSTIN is 06AABCE3383J1ZM (Haryana).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors including Meena Agarwal and Rajesh Kumar Agarwal.
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 35 Tarun Enclave Pitampura, Delhi, India – 110034.
As per the financials filed for FY 2024, the company reported a revenue of ₹13.59 Cr, a growth of 11% compared to the previous year. For the same year it recorded a net profit of ₹26.81 Lakh (net margin 2%) and EBITDA of ₹34.68 Lakh (EBITDA margin 2.6%). Revenue has grown at a compounded annual rate (CAGR) of 14% over three years and 6% over five years.
The company is associated with 1 brand: Economic Freight Carriers Limited. As per MCA filings, the company has satisfied charges of ₹7 Lakh on record. Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending.
Economic Freight Carriers Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-06-0007929). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website economicfreight.com.
Company details
CIN U63013DL2003PLC118822
Registration Number 118822
Incorporation Date 15 February 2003
ROC Delhi
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-DL-06-0007929
Recognitions & Rankings of Economic Freight Carriers
Contact details
Economic Freight Carriers Limited's registered office is in Delhi, Delhi. Its website is economicfreight.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address35 Tarun Enclave Pitampura, Delhi, India – 110034
- IndustryTransport and Logistics, Carrying & Forwarding Agents (CFA)
To see the full contact details of Economic Freight Carriers Limited, buy the company report.
Comprehensive company report
Economic Freight Carriers 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
Economic Freight Carriers operates one associated brand: Economic Freight Carriers Limited. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Logistics, freight transport, and warehousing services in India. | economicfreight.com |
Business activity
The main business activity of Economic Freight Carriers 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 Economic Freight Carriers Limited, buy the company report.
Financials of Economic Freight Carriers Limited
FY 2025 filings availableEconomic Freight Carriers Limited reported revenue of ₹13.59 Cr (up 11% YoY) for FY 2024.
Revenue · FY 2024
₹13.59 Cr ▲ 11%
Net profit · FY 2024
₹26.81 Lakh margin 2%
EBITDA · FY 2024
₹34.68 Lakh margin 2.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 11%
3 years · compounded
▲ 14%
5 years · compounded
▲ 6%
EBITDA CAGR growth
1 year
▲ 34%
3 years · compounded
▲ 22%
5 years · compounded
▲ 10%
Revenue has grown at a compounded annual rate (CAGR) of 6% over five years, including 11% growth in the latest year. EBITDA rose 34% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹34.68 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹26.81 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 | |||||
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| Total Assets | |||||
Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.6% | ||||
| Net Profit Margin | 2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current 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 Freight Carriers Limited, buy the company report.
Board of directors of Economic Freight Carriers Limited
Economic Freight Carriers has 8 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Meena Agarwal | Director | 15 Feb 2003 | 23 Years 8 Months | Current |
| Rajesh Kumar Agarwal | Director | 15 Feb 2003 | 23 Years 8 Months | Current |
| Himanshu Agarwal | Director | 12 Aug 2014 | 12 Years 3 Months | Current |
| Suman Aggarwal | Director | 15 Feb 2003 | 23 Years 8 Months | Current |
| Aadesh Agarwal | Director | 15 Mar 2017 | 9 Years 7 Months | Current |
| Jaikumar Agarwal | Director | 15 Feb 2003 | 23 Years 8 Months | Current |
Showing 6 of 8 current directors. View all directors
Peer comparison
Economic Freight Carriers Limited is compared with the 3 companies closest to it by revenue in the Transport and Logistics industry (Carrying and Forwarding Agents), 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 |
|---|---|---|---|---|---|---|
| Bluebean Logistics Private Limited | ₹13.9 Cr (FY 2024) | -3.0% | Delhi, India | |||
| Economic Freight Carriers Limitedthis company | ₹13.59 Cr (FY 2024) | ₹26.81 Lakh | 2% | 11.0% | Delhi, India | |
| Sailink Logistics Private Limited | ₹13.49 Cr (FY 2025) | 23.0% | Chennai, Tamil Nadu, India | |||
| Seaflag Global Shipping Private Limited | ₹13.34 Cr (FY 2024) | 152.0% | Delhi, India |
To see the full peer comparison of Economic Freight Carriers Limited, buy the company report.
Auditor
Economic Freight Carriers Limited is audited by BILASH PAUL & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BILASH PAUL & ASSOCIATES | FY 2017 | 005870N |
Shareholding
The shareholding of Economic Freight Carriers Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Economic Freight Carriers Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹7 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Sep 2015 | 10598555 | Kotak Mahindra Prime Limited | ₹7 Lakh | Satisfied |
To see the full charge records of Economic Freight Carriers Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Economic Freight Carriers Limited has 1 court case on record: 1 filed by Economic Freight Carriers. All case is pending.
Total cases
1
Filed by the company
1
Pending
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, North, Delhi | Cheque dishonour complaint | Filed by the company against an individual | Pending |
To see the full case history of Economic Freight Carriers 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 Freight Carriers Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Economic Freight Carriers has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AABCE3383J1ZM | Haryana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Economic Freight Carriers Limited, buy the company report.
Recent activity
Economic Freight Carriers Limited has 8 board changes on record since 2003: 8 appointments. The latest: Aadesh Agarwal was appointed as Director on 15 Mar 2017.
AGM
Economic Freight Carriers Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Economic Freight Carriers Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi Ii.
Charges
A charge registered on 24 Sep 2015 via Charge ID 10598555 with Kotak Mahindra Prime Limited was fully satisfied on 23 Feb 2019.
Appointed
Aadesh Agarwal was appointed as Director.
Charges
A charge with Kotak Mahindra Prime Limited amounted to Rs. 7.00 Lakh with Charge ID 10598555 was registered on 24 Sep 2015.
Appointed
Aakash Jaikumar Agarwal was appointed as Director.
Appointed
Himanshu Agarwal was appointed as Director.
Appointed
Siddhant Agarwal was appointed as Director.
Appointed
Jaikumar Agarwal was appointed as Director.
Appointed
Meena Agarwal was appointed as Director.
Appointed
Rajesh Kumar Agarwal was appointed as Director.
Appointed
Suman Aggarwal was appointed as Director.
1 earlier event is in the company report.
Frequently asked questions
Economic Freight Carriers is an active public 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 15 February 2003 (23+ years old) and is registered under CIN U63013DL2003PLC118822.
Economic Freight Carriers has 8 current directors:
- Meena Agarwal - Director
- Rajesh Kumar Agarwal - Director
- Himanshu Agarwal - Director
- Suman Aggarwal - Director
- Aadesh Agarwal - Director
- Jaikumar Agarwal - Director
- Siddhant Agarwal - Director
- Aakash Jaikumar Agarwal - Director
The latest financial statements of Economic Freight Carriers 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 Freight Carriers is 06AABCE3383J1ZM, registered in Haryana.
The CIN (Corporate Identification Number) of Economic Freight Carriers is U63013DL2003PLC118822. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Economic Freight Carriers has 1 court case on record: 1 filed by the company. 1 is pending.
Economic Freight Carriers was incorporated on 15 February 2003, making it 23+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Economic Freight Carriers by revenue are Bluebean Logistics Private Limited, Sailink Logistics Private Limited, Seaflag Global Shipping Private Limited, all in the Transport and Logistics industry (Carrying and Forwarding Agents), with the same principal business activity (services incidental to land, water & air transportation).
Aadesh Agarwal was appointed as Director on 15 Mar 2017. Aakash Jaikumar Agarwal was appointed as Director on 12 Aug 2014. Himanshu Agarwal was appointed as Director on 12 Aug 2014. Economic Freight Carriers has 8 board changes on record in total.
Yes, Economic Freight Carriers is registered as a small enterprise under Udyam registration (number: UDYAM-DL-06-0007929).
Economic Freight Carriers can be reached through the website economicfreight.com. Its registered office is in Delhi, India.
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