MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-01-0081126
Faxle Logistics Private Limited
Faxle Logistics Private Limited - transport and logistics in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹1.38 Cr
▼ 22% YoY
Net loss · FY 2024
₹19.6 Lakh
Net margin -14.2%
EBITDA · FY 2024
₹1.65 Lakh
EBITDA margin 1.2%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹39.2 Lakh
Satisfied ₹19.28 Lakh
Company age
6 yrs
Est. 2020
Directors on board
5
As per MCA filings
About Faxle Logistics Private Limited
Data last updated:
Faxle Logistics Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the integrated logistics and supply chain solutions segment of the transport and logistics sector. It was incorporated on 20 July 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U60300GJ2020PTC114843. Its GSTIN is 24AAECF1472G1ZX (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Nehal Lavkumar Upadhyay and Jayeshkumar Kantilal Chaudhari.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Dev Ashish Business Park, Ahmedabad, Gujarat.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.38 Cr, a decline of 22% compared to the previous year. For the same year it recorded a net loss of ₹19.6 Lakh (net margin -14.2%) and EBITDA of ₹1.65 Lakh (EBITDA margin 1.2%). Revenue has grown at a compounded annual rate (CAGR) of 494% over three years.
As per MCA filings, the company has open charges of ₹39.2 Lakh and satisfied charges of ₹19.28 Lakh on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it; 1 case is pending.
Faxle Logistics Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0081126). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U60300GJ2020PTC114843
Registration Number 114843
Incorporation Date 20 July 2020
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-GJ-01-0081126
Key People
Nehal Lavkumar Upadhyay Director Jayeshkumar Kantilal Chaudhari Director Vijaykumar Rameshbhai Patel Director Recognitions & Rankings of Faxle Logistics
Contact details
Faxle Logistics Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address is in the company report.
- Email
- Registered AddressD – Unit Uniza Nr. Rameshwar Electric Sub – Station, Nr. Dev Ashish Business Park Ramde Jodhpur Tekra, Ahmedabad, Gujarat, India – 380015
- IndustryTransport and Logistics, Integrated & Diversified Logistics Services
To see the full contact details of Faxle Logistics Private Limited, buy the company report.
Comprehensive company report
Faxle Logistics 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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Business activity
The main business activity of Faxle Logistics 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 Faxle Logistics Private Limited, buy the company report.
Financials of Faxle Logistics Private Limited
FY 2024 filings availableFaxle Logistics Private Limited reported revenue of ₹1.38 Cr (down 22% YoY) for FY 2024.
Revenue · FY 2024
₹1.38 Cr ▼ 22%
Net loss · FY 2024
₹19.6 Lakh margin -14.2%
EBITDA · FY 2024
₹1.65 Lakh margin 1.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 22%
3 years · compounded
▲ 494%
EBITDA CAGR growth
1 year
▲ 209%
3 years · compounded
▲ 213%
Revenue fell 22% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 494%. EBITDA rose 209% 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 |
|---|---|---|---|---|
| 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 | ₹1.65 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹19.6 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 1.2% | |||
| Net Profit Margin | -14.2% | |||
| 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 Faxle Logistics Private Limited, buy the company report.
Board of directors of Faxle Logistics Private Limited
Faxle Logistics has 5 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nehal Lavkumar Upadhyay Also directs: Maalsaman Logistics LLP | Director | 24 Jul 2023 | 3 Years 3 Months | Current |
| Jayeshkumar Kantilal Chaudhari Also directs: Maalsaman Logistics LLP, Wattency Worldwide LLP, Uniza Global Solutions LLP and 4 more | Director | 09 Dec 2022 | 3 Years 10 Months | Current |
| Vijaykumar Rameshbhai Patel Also directs: Maalsaman Logistics LLP, Faxle Internet Services LLP | Director | 24 Jul 2023 | 3 Years 3 Months | Current |
| Deepa Mukeshkumar Chaudhry Also directs: Maalsaman Logistics LLP, Uniza Global Solutions LLP, Duratech Toolings Private Limited and 2 more | Director | 09 Dec 2022 | 3 Years 10 Months | Current |
| Mukeshkumar Kantilal Chaudhari Also directs: Maalsaman Logistics LLP, Uniza Global Solutions LLP, Sampatti Investment Consultancy LLP and 3 more | Director | 22 Oct 2022 | 4 Years 0 Months | Current |
Peer comparison
Faxle Logistics Private Limited is compared with the 3 companies closest to it by revenue in the Transport and Logistics industry (Diversified Logistics), with the same principal business activity (land transport via road), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Vikrant Logitech Services Private Limited | ₹1.38 Cr (FY 2024) | 139.0% | Kolkata, West Bengal, India | |||
| Faxle Logistics Private Limitedthis company | ₹1.38 Cr (FY 2024) | -₹19.6 Lakh | -14.2% | -22.0% | Ahmedabad, Gujarat, India | |
| Difcy Logistics Limited | ₹1.37 Cr (FY 2024) | -5.0% | Bangalore, Karnataka, India | |||
| Satya Shree Consultancy Private Limited | ₹1.37 Cr (FY 2023) | 2912.0% | Raniganj, West Bengal, India |
To see the full peer comparison of Faxle Logistics Private Limited, buy the company report.
Charges & borrowings
Open charges
₹39.2 Lakh
Satisfied charges
₹19.28 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Jun 2023 | 100795970 | Others | ₹39.2 Lakh | Open | |
| 01 Nov 2021 | 100534601 | Others | ₹10 Lakh | Satisfied | |
| 29 Oct 2021 | 100501463 | Others | ₹9.28 Lakh | Satisfied |
To see the full charge records of Faxle Logistics Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Faxle Logistics Private Limited has 2 court cases on record: 1 filed by Faxle Logistics, 1 filed against it. 1 case is pending and 1 is disposed.
Total cases
2
Filed by the company
1
Filed against the company
1
Pending
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
| High courts | 1 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Sundaram Finance Ltd | Pending |
| High Court, GUJARAT | Court case (SCR.A) | Filed by the company against State of Gujarat and 1 other | Disposed |
To see the full case history of Faxle Logistics 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 Faxle Logistics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Faxle Logistics Private Limited has 1 active EPFO establishment as of Apr 08, 2024.
Active EPFO establishments
1
GST
Faxle Logistics has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAECF1472G1ZX | Gujarat | Active | 19 Oct 2020 |
To see the full GST registrations and return filing status of Faxle Logistics Private Limited, buy the company report.
Recent activity
Faxle Logistics Private Limited has 8 board changes on record since 2022: 5 appointments and 3 cessations. The latest: Nehal Lavkumar Upadhyay was appointed as Director on 24 Jul 2023.
AGM
Faxle Logistics Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Faxle Logistics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Appointed
Nehal Lavkumar Upadhyay was appointed as Director.
Appointed
Vijaykumar Rameshbhai Patel was appointed as Director.
Charges
A charge with Others amounted to Rs. 39.20 Lakh with Charge ID 100795970 was registered on 30 Jun 2023.
Ceased
Jyotibalaben Hitendrabhai Motka ceased to be Director.
Charges
A charge registered on 29 Oct 2021 via Charge ID 100501463 with Others was fully satisfied on 29 Dec 2022.
Appointed
Deepa Mukeshkumar Chaudhry was appointed as Director.
Appointed
Jayeshkumar Kantilal Chaudhari was appointed as Director.
Ceased
Krupa Vijay Patel ceased to be Director.
Ceased
Vijaykumar Rameshbhai Patel ceased to be Director.
Appointed
Mukeshkumar Kantilal Chaudhari was appointed as Director.
4 earlier events are in the company report.
Frequently asked questions
Faxle Logistics is an active private limited company based in Ahmedabad, Gujarat, India. The company works in integrated and diversified logistics services, within the transport and logistics industry. It was incorporated on 20 July 2020 (6+ years old) and is registered under CIN U60300GJ2020PTC114843.
Faxle Logistics has 5 current directors:
- Nehal Lavkumar Upadhyay - Director
- Jayeshkumar Kantilal Chaudhari - Director
- Vijaykumar Rameshbhai Patel - Director
- Deepa Mukeshkumar Chaudhry - Director
- Mukeshkumar Kantilal Chaudhari - Director
The latest financial statements of Faxle Logistics on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Faxle Logistics is 24AAECF1472G1ZX, registered in Gujarat.
The CIN (Corporate Identification Number) of Faxle Logistics is U60300GJ2020PTC114843. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Faxle Logistics has 2 court cases on record: 1 filed by the company and 1 filed against it. 1 is pending. Most are in the district courts.
Faxle Logistics was incorporated on 20 July 2020, making it 6+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Faxle Logistics by revenue are Vikrant Logitech Services Private Limited, Difcy Logistics Limited, Satya Shree Consultancy Private Limited, all in the Transport and Logistics industry (Diversified Logistics), with the same principal business activity (land transport via road).
Nehal Lavkumar Upadhyay was appointed as Director on 24 Jul 2023. Vijaykumar Rameshbhai Patel was appointed as Director on 24 Jul 2023. Jyotibalaben Hitendrabhai Motka ceased to be Director on 28 Feb 2023. Faxle Logistics has 8 board changes on record in total.
Yes, Faxle Logistics is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-01-0081126).
The registered office of Faxle Logistics is at D – Unit Uniza Nr. Rameshwar Electric Sub – Station, Nr. Dev Ashish Business Park Ramde Jodhpur Tekra, Ahmedabad, Gujarat, India – 380015.
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