- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-20-0033605

About Farmico Cold Chain & Logistics Limited
Data last updated:
Farmico Cold Chain & Logistics Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the cold storage and warehousing services segment of the transport and logistics sector. It was incorporated on 19 September 1989 and has been in existence for over 37 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74110MH1989PLC053536. Its GSTIN is 27AAACW1802F1ZQ (Maharashtra). The company holds 4 GST registrations, all of them active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹3.2 Cr. It was formerly known as Farmico Cold Storage Private Limited and Farmico Cold Storage Limited. It is led by directors including Vimal Mahesh Shah and Arvind Kumar Meena.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹31.52 Cr, a growth of 18% compared to the previous year. For the same year it recorded a net profit of ₹1.24 Cr (net margin 3.9%) and EBITDA of ₹9.16 Cr (EBITDA margin 29.1%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 44% over five years.
As per MCA filings, the company has open charges of ₹20.4 Cr and satisfied charges of ₹286.98 Cr on record.
Farmico Cold Chain & Logistics Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-20-0033605). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website farmico.co.in.
Company details
Name history
Farmico Cold Chain & Logistics has undergone 4 name changes throughout its history. The current legal name is Farmico Cold Chain & Logistics Limited.
| Company Name | Status |
|---|---|
| Farmico Cold Chain & Logistics Limited | Current |
| Farmico Cold Storage Private Limited | Previous |
| Farmico Cold Storage Limited | Previous |
| Wadhwani Cold Storage And Ice Plant Private Limited | Previous |
| Farmico Cold Storage And Ice Plant Private Limited | Previous |
CIN history
Farmico Cold Chain & Logistics has one previous CIN (Corporate Identification Number): U63002MH1989PTC053536. The current CIN is U74110MH1989PLC053536, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74110MH1989PLC053536 | Current |
| U63002MH1989PTC053536 | Previous |
Recognitions & Rankings of Farmico Cold Chain & Logistics
Contact details
Farmico Cold Chain & Logistics Limited's registered office is in Mumbai, Maharashtra. Its website is farmico.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressOff No.1006 10th Floor Hubtown Solaris N.S Phadke Road Saiwadi Near Gokhle Fly Over Andh, Eri(E), Mumbai, Maharashtra, India – 400069
- IndustryTransport and Logistics, Cold Storage & Warehousing Services
To see the full contact details of Farmico Cold Chain & Logistics 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
Business activity
The main business activity of Farmico Cold Chain & Logistics is transport and storage. In detail, this covers warehousing and storage.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transport and storage | H6 | Warehousing and storage |
To see the full business activity and turnover split of Farmico Cold Chain & Logistics Limited, buy the company report.
Financials of Farmico Cold Chain & Logistics Limited
FY 2025 filings availableFarmico Cold Chain & Logistics Limited reported revenue of ₹31.52 Cr (up 18% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 44% over five years, including 18% growth in the latest year. EBITDA fell 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 | ₹31.52 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹9.16 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.24 Cr | ||||
| 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 29.1% | ||||
| Net Profit Margin | 3.9% | ||||
| 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 | |||||
To see the full financial statements and ratios of Farmico Cold Chain & Logistics Limited, buy the company report.
Board of directors of Farmico Cold Chain & Logistics Limited
Farmico Cold Chain & Logistics has 5 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vimal Mahesh Shah | Director | 07 Apr 2021 | 5 Years 7 Months | Current |
| Arvind Kumar Meena Also directs: Percipience Corporate Advisory Services LLP, DMJ & Partners LLP | Director | 15 Dec 2021 | 4 Years 10 Months | Current |
| Nitin Agrawal Also directs: True K Private Limited | Director | 10 Feb 2023 | 3 Years 9 Months | Current |
| Avinash Prakash Gandhewar Also directs: Sark & Associates LLP, Gandhewar Amarnani & Associates LLP, Ananta Corporate Services Private Limited and 1 more | Director | 25 Jan 2024 | 2 Years 9 Months | Current |
| Naresh Ghanshyam Nagdev Also directs: Farmico Agro LLP, Agrosquare Commodities LLP, Cigz Spazio International LLP and 5 more | Director | 18 Mar 2019 | 7 Years 7 Months | Current |
Peer comparison
Farmico Cold Chain & Logistics Limited is compared with the 4 companies closest to it by revenue in the Transport and Logistics industry (Cold Storage and Warehousing), with the same principal business activity (warehousing and storage), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| J.Matadee Free Trade Zone Private Limited | ₹31.57 Cr (FY 2025) | 58.0% | Sriperumbudur, Tamil Nadu, India | |||
| P.R.J. Warehousing Private Limited | ₹31.56 Cr (FY 2025) | 0.0% | Gurgaon, Haryana, India | |||
| Farmico Cold Chain & Logistics Limitedthis company | ₹31.52 Cr (FY 2025) | ₹1.24 Cr | 3.9% | 18.0% | Mumbai, Maharashtra, India | |
| CMM Logistics Private Limited | ₹30.87 Cr (FY 2025) | 3.0% | Merces, Goa, India | |||
| B.P. Logistics Private Limited | ₹30.52 Cr (FY 2025) | 5.0% | Bhopal, Madhya Pradesh, India |
To see the full peer comparison of Farmico Cold Chain & Logistics Limited, buy the company report.
Auditor
Farmico Cold Chain & Logistics Limited is audited by WARDE AND SHAH for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| WARDE AND SHAH | FY 2024 | 121166W |
Shareholding
The shareholding of Farmico Cold Chain & Logistics Limited is on record for 5 financial years, the latest being FY 2025, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Farmico Cold Chain & Logistics Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Jan 2025 | 101052542 | Others | ₹75 Lakh | Open | |
| 19 Mar 2018 | 100178559 | Others | ₹19.65 Cr | Open | |
| 22 Feb 2015 | 10565880 | Capital First Limited | ₹13.32 Cr | Satisfied | |
| 31 Oct 2013 | 10460325 | Religare Finvest Limited | ₹7.5 Cr | Satisfied | |
| 21 Oct 2005 | 90244426 | Bank of India | ₹4 Cr | Satisfied |
To see the full charge records of Farmico Cold Chain & Logistics Limited, buy the company report.
Total charge records: 10 View all charges
Legal cases
No court or tribunal cases involving Farmico Cold Chain & Logistics Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
Credit ratings & regulatory alerts
Farmico Cold Chain & Logistics Limited was last rated by Care on 27 Jul 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 27 Jul 2022 |
To see the full credit ratings and regulatory alerts of Farmico Cold Chain & Logistics Limited, buy the company report.
MSME payment delays
Farmico Cold Chain & Logistics Limited has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 6 overdue payments to 5 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 5)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Farmico Cold Chain & Logistics Limited | |||
| an individual supplier | |||
| Apple Chemie India Private Limited | |||
| Afsa Traders | |||
| Divine Thermal Wrap Private Limited |
To see the full MSME payment records of Farmico Cold Chain & Logistics Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Farmico Cold Chain & Logistics has 1 associated company. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
GST
Farmico Cold Chain & Logistics has 4 GST registrations: 4 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACW1802F1ZQ | Maharashtra | Active | 17 Nov 2017 |
| 27AAACW1802F2ZP | Maharashtra | Active | 23 Feb 2021 |
| 27AAACW1802F3ZO | Maharashtra | Active | 05 Oct 2023 |
| 27AAACW1802F4ZN | Maharashtra | Active | 05 Feb 2025 |
To see the full GST registrations and return filing status of Farmico Cold Chain & Logistics Limited, buy the company report.
Recent activity
Farmico Cold Chain & Logistics Limited has 21 board changes on record since 1989: 7 appointments and 14 cessations. The latest: Shradha Rajit Dua ceased to be Additional Director on 29 Sep 2024.
32 earlier events are in the company report.
Frequently asked questions
Farmico Cold Chain & Logistics is an active public limited company based in Mumbai, Maharashtra, India. The company works in cold storage and warehousing services, within the transport and logistics industry. It was incorporated on 19 September 1989 (37+ years old) and is registered under CIN U74110MH1989PLC053536.
Farmico Cold Chain & Logistics has 5 current directors:
- Vimal Mahesh Shah - Director
- Arvind Kumar Meena - Director
- Nitin Agrawal - Director
- Avinash Prakash Gandhewar - Director
- Naresh Ghanshyam Nagdev - Director
The latest financial statements of Farmico Cold Chain & Logistics 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 Farmico Cold Chain & Logistics is 27AAACW1802F1ZQ, registered in Maharashtra. The company has 4 GST registrations in all, of which 4 are active. Other active GSTINs include 27AAACW1802F2ZP (Maharashtra), 27AAACW1802F3ZO (Maharashtra), 27AAACW1802F4ZN (Maharashtra).
The CIN (Corporate Identification Number) of Farmico Cold Chain & Logistics is U74110MH1989PLC053536. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Farmico Cold Chain & Logistics was incorporated on 19 September 1989, making it 37+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Farmico Cold Chain & Logistics by revenue are J.Matadee Free Trade Zone Private Limited, P.R.J. Warehousing Private Limited, CMM Logistics Private Limited, B.P. Logistics Private Limited, all in the Transport and Logistics industry (Cold Storage and Warehousing), with the same principal business activity (warehousing and storage).
Shradha Rajit Dua ceased to be Additional Director on 29 Sep 2024. Avinash Prakash Gandhewar was appointed as Director on 25 Jan 2024. Shradha Rajit Dua was appointed as Director on 01 Jan 2024. Farmico Cold Chain & Logistics has 21 board changes on record in total.
Yes, Farmico Cold Chain & Logistics is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-20-0033605).
Farmico Cold Chain & Logistics has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 6 overdue payments to 5 micro and small suppliers. The latest return was filed on 29 Aug 2019.
Farmico Cold Chain & Logistics can be reached through the website farmico.co.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Farmico Cold Chain & Logistics is at Off No.1006 10th Floor Hubtown Solaris N.S Phadke Road Saiwadi Near Gokhle Fly Over Andh, EriE, Mumbai, Maharashtra, India – 400069.

