MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-19-0013868
Freight Handlers (India) Limited
Freight Handlers (India) Limited - transport and logistics in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹2.72 Cr
▲ 13% YoY
Net loss · FY 2025
₹11.86 Lakh
Net margin -4.4%
EBITDA · FY 2025
₹76.47 Lakh
EBITDA margin 28.1%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹2 Cr
Issued & subscribed
Open charges
₹3.83 Cr
Satisfied ₹9.31 Cr
Company age
28 yrs
Est. 1998
Employees · EPFO
15
Provident fund records
About Freight Handlers (India) Limited
Data last updated:
Freight Handlers (India) Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the carriers services segment of the transport and logistics sector. It was incorporated on 01 April 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U63090MH1998PLC114292. Its GSTIN is 27AAACF3881D1ZS (Maharashtra).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹2 Cr. It is led by directors including Mamata Rajesh Makad and Jay Rajesh Makad.
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 216 Navratan Building 2nd Floor 69 P D Mello Road Carnac Bunder, Mumbai, Maharashtra, India – 400009.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.72 Cr, a growth of 13% compared to the previous year. For the same year it recorded a net loss of ₹11.86 Lakh (net margin -4.4%) and EBITDA of ₹76.47 Lakh (EBITDA margin 28.1%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 5% over five years.
The company has about 15 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹3.83 Cr and satisfied charges of ₹9.31 Cr on record. Court records list 5 cases involving the company, including 4 filed by the company and 1 filed against it; 1 case is pending.
Freight Handlers (India) Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0013868). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U63090MH1998PLC114292
Registration Number 114292
Incorporation Date 01 April 1998
ROC Mumbai
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-19-0013868
CIN history
Freight Handlers (India) has one previous CIN (Corporate Identification Number): L63090MH1998PLC114292. The current CIN is U63090MH1998PLC114292, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U63090MH1998PLC114292 | Current |
| L63090MH1998PLC114292 | Previous |
Recognitions & Rankings of Freight Handlers (India)
Contact details
Freight Handlers (India) Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address216 Navratan Building 2nd Floor 69 P D Mello Road Carnac Bunder, Mumbai, Maharashtra, India – 400009
- IndustryTransport and Logistics, Carriers Services
To see the full contact details of Freight Handlers (India) Limited, buy the company report.
Comprehensive company report
Freight Handlers (India) 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 Freight Handlers (India) is construction. In detail, this covers specialized construction activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | 43 | Specialized construction activities |
To see the full business activity and turnover split of Freight Handlers (India) Limited, buy the company report.
Financials of Freight Handlers (India) Limited
FY 2024 filings availableFreight Handlers (India) Limited reported revenue of ₹2.72 Cr (up 13% YoY) for FY 2025.
Revenue · FY 2025
₹2.72 Cr ▲ 13%
Net loss · FY 2025
₹11.86 Lakh margin -4.4%
EBITDA · FY 2025
₹76.47 Lakh margin 28.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 13%
3 years · compounded
▲ 17%
5 years · compounded
▲ 5%
EBITDA CAGR growth
1 year
▼ 4%
3 years · compounded
▼ 1%
5 years · compounded
▼ 3%
Revenue has grown at a compounded annual rate (CAGR) of 5% over five years, including 13% growth in the latest year. EBITDA fell 4% 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 | |||||
| Other Income | |||||
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| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
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| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹76.47 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹11.86 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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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 | 28.1% | ||||
| Net Profit Margin | -4.4% | ||||
| 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 Freight Handlers (India) Limited, buy the company report.
Board of directors of Freight Handlers (India) Limited
Freight Handlers (India) has 5 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mamata Rajesh Makad | Director | 15 Apr 1998 | 28 Years 6 Months | Current |
| Jay Rajesh Makad | Director | 10 Mar 2017 | 9 Years 8 Months | Current |
| Rajesh Shorilal Makad | Director | 01 Apr 1998 | 28 Years 7 Months | Current |
| Harsh Rajesh Makad | Additional Director | 05 Sep 2024 | 2 Years 2 Months | Current |
| Kiran Gopal Makad | Director | 15 Apr 1998 | 28 Years 6 Months | Current |
Auditor
Freight Handlers (India) Limited is audited by D K RAJARSHI & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D K RAJARSHI & CO | FY 2023 | 108338W |
Shareholding
The shareholding of Freight Handlers (India) Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Freight Handlers (India) Limited, buy the company report.
Charges & borrowings
Open charges
₹3.83 Cr
Satisfied charges
₹9.31 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 May 2025 | 101109103 | Others | ₹1.87 Cr | Open | |
| 17 May 2023 | 100731341 | Tata Capital Financial Services Limited | ₹1.88 Cr | Open | |
| 30 Apr 2022 | 100586735 | Canara Bank | ₹8.1 Lakh | Open | |
| 03 May 2018 | 100210524 | Others | ₹2.36 Cr | Satisfied | |
| 26 Feb 2015 | 10564380 | Tata Capital Financial Services Limited | ₹1.8 Cr | Satisfied |
To see the full charge records of Freight Handlers (India) Limited, buy the company report.
Total charge records: 12 View all charges
Legal cases
Freight Handlers (India) Limited has 5 court cases on record: 4 filed by Freight Handlers (India), 1 filed against it. 1 case is pending and 4 are disposed.
Total cases
5
Filed by the company
4
Filed against the company
1
Pending
1
Disposed
4
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 0 | 0 |
| District courts | 1 | 1 | 1 |
Cases on record (3 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai Small Causes Court, Maharashtra | Court case (Ob.Notice) | Filed against the company by The Board of Trustees of the Port of Bombay | Pending |
| High Court | Writ petition | Filed by the company against The Government of Andhra Pradesh, and 3 others | Disposed |
| High Court, ANDHRAPRADESH | Writ petition | Filed by the company against The Government of Andhra Pradesh, and 3 others | Disposed |
To see the full case history of Freight Handlers (India) 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 Freight Handlers (India) Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Freight Handlers (India) Limited has a workforce of 15 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Employee count
15
Active EPFO establishments
1
Employee growth
-6.2%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 15 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Freight Handlers (India) Limited, buy the company report.
GST
Freight Handlers (India) has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACF3881D1ZS | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Freight Handlers (India) Limited, buy the company report.
Recent activity
Freight Handlers (India) Limited has 10 board changes on record since 1998: 6 appointments and 4 cessations. The latest: Harsh Rajesh Makad was appointed as Additional Director on 05 Sep 2024.
Charges
A charge with Others amounted to Rs. 1.87 Cr with Charge ID 101109103 was registered on 22 May 2025.
AGM
Freight Handlers (India) Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Appointed
Harsh Rajesh Makad was appointed as Additional Director.
Charges
A charge registered on 03 May 2018 via Charge ID 100210524 with Others was fully satisfied on 20 Aug 2024.
Filing
Freight Handlers (India) Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge registered on 07 Sep 2013 via Charge ID 10453839 with Canara Bank was fully satisfied on 09 Feb 2024.
Charges
A charge registered on 11 Feb 2009 via Charge ID 10151593 with Canara Bank was fully satisfied on 09 Feb 2024.
Charges
A charge registered on 06 Mar 2003 via Charge ID 90144368 with Canara Bank was fully satisfied on 09 Feb 2024.
Charges
A charge with Tata Capital Financial Services Limited amounted to Rs. 1.88 Cr with Charge ID 100731341 was registered on 17 May 2023.
Charges
A charge with Others of Rs. 2.36 Cr registered on 03 May 2018 with Charge ID 100210524 was modified on 18 Nov 2022.
Charges
A charge registered on 03 Mar 2014 via Charge ID 10628597 with Canara Bank was fully satisfied on 14 Oct 2022.
Charges
A charge with Canara Bank amounted to Rs. 0.08 Cr with Charge ID 100586735 was registered on 30 Apr 2022.
23 earlier events are in the company report.
Frequently asked questions
Freight Handlers (India) is an active public limited company based in Mumbai, Maharashtra, India. The company works in carriers services, within the transport and logistics industry. It was incorporated on 01 April 1998 (28+ years old) and is registered under CIN U63090MH1998PLC114292.
Freight Handlers (India) has 5 current directors:
- Mamata Rajesh Makad - Director
- Jay Rajesh Makad - Director
- Rajesh Shorilal Makad - Director
- Harsh Rajesh Makad - Additional Director
- Kiran Gopal Makad - Director
The latest financial statements of Freight Handlers (India) 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 2015 are in the company report.
The GSTIN of Freight Handlers (India) is 27AAACF3881D1ZS, registered in Maharashtra.
The CIN (Corporate Identification Number) of Freight Handlers (India) is U63090MH1998PLC114292. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Freight Handlers (India) has 5 court cases on record: 4 filed by the company and 1 filed against it. 1 is pending. Most are in the high courts.
Freight Handlers (India) was incorporated on 01 April 1998, making it 28+ years old. It is registered with the Registrar of Companies, Mumbai.
Harsh Rajesh Makad was appointed as Additional Director on 05 Sep 2024. Jay Rajesh Makad ceased to be Additional Director on 29 Sep 2017. Jay Rajesh Makad was appointed as Director on 10 Mar 2017. Freight Handlers (India) has 10 board changes on record in total.
Yes, Freight Handlers (India) is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-19-0013868).
The registered office of Freight Handlers (India) is at 216 Navratan Building 2nd Floor 69 P D Mello Road Carnac Bunder, Mumbai, Maharashtra, India – 400009.
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