About Freight Systems (India) Private Limited
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Freight Systems (India) Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the integrated logistics and supply chain solutions segment of the transport and logistics sector. It was incorporated on 07 December 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U63010TN1993PTC062664. Its GSTIN is 33AAACF0677K1ZO (Tamil Nadu). The company holds 21 GST registrations, of which 15 are active.
The company has an authorised share capital of ₹3.25 Cr and a paid-up capital of ₹1.77 Cr. It is led by directors including Manu Raj Bhalla and David Lionel Phillips.
Its last annual general meeting (AGM) was held on 21 October 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Olymbia Cyberspace 5th Floor No.21/22 Alandur Road, Arulayiammanpet 2nd Street Gunidy Chennai, Tamil Nadu, India – 600032.
As per the financials filed for FY 2025, the company reported a revenue of ₹540.78 Cr, a growth of 23% compared to the previous year. For the same year it recorded a net profit of ₹5.3 Cr (net margin 1%) and EBITDA of ₹16.73 Cr (EBITDA margin 3.1%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 2% over five years.
The company has about 506 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Freight Systems. As per MCA filings, the company has open charges of ₹39.15 Cr and satisfied charges of ₹63.62 Cr on record. Court records list 132 cases involving the company, including 85 filed by the company and 48 filed against it; 20 cases are pending. The company has 5 deals on record (4 funding rounds, 1 secondary share transfer), with disclosed funding of ₹8.19 Cr; the latest was in March 2022. Its 6 peer companies in the Transport and Logistics industry (Diversified Logistics), with the same principal business activity (services incidental to land, water & air transportation) are compared by revenue, 4 larger and 2 smaller; the largest is Aai Cargo Logistics & Allied Services Company Limited with revenue of ₹551.51 Cr. The company has 4 MSME Form 1 returns on record between 2023 and 2024, listing 81 overdue payments to 38 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website freightsystems.com.
Company details
CIN history
Freight Systems (India) has one previous CIN (Corporate Identification Number): U63010MH1993PTC075486. The current CIN is U63010TN1993PTC062664, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U63010TN1993PTC062664 | Current |
| U63010MH1993PTC075486 | Previous |
Contact details
Freight Systems (India) Private Limited's registered office is in Chennai, Tamil Nadu. Its website is freightsystems.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressOlymbia Cyberspace 5th Floor No.21/22 Alandur Road, Arulayiammanpet 2nd Street Gunidy Chennai, Tamil Nadu, India – 600032
- IndustryTransport and Logistics, Integrated & Diversified Logistics Services
To see the full contact details of Freight Systems (India) Private 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
Brands
Freight Systems (India) operates one associated brand: Freight Systems. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Air and ocean freight forwarding and transportation services are provided. | freightsystems.com |
Business activity
The main business activity of Freight Systems (India) 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 Freight Systems (India) Private Limited, buy the company report.
Financials of Freight Systems (India) Private Limited
FY 2025 filings availableFreight Systems (India) Private Limited reported revenue of ₹540.78 Cr (up 23% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 2% over five years, including 23% growth in the latest year. EBITDA rose 103% 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 |
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| EBITDA | ₹16.73 Cr | ||||
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| Net Profit (PAT) | ₹5.3 Cr | ||||
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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 | 3.1% | ||||
| Net Profit Margin | 1% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Freight Systems (India) Private Limited, buy the company report.
Board of directors of Freight Systems (India) Private Limited
Freight Systems (India) has 5 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manu Raj Bhalla | Director | 14 Sep 1999 | 27 Years 1 Months | Current |
| David Lionel Phillips | Director | 04 Aug 1995 | 31 Years 2 Months | Current |
| Jonathan Mark Phillips | Director | 06 Feb 2012 | 14 Years 8 Months | Current |
| Jennifer Dorothy Anne Phillips | Director | 27 Apr 2021 | 5 Years 5 Months | Current |
| Amanda Nicole Phillips | Director | 21 Feb 2023 | 3 Years 8 Months | Current |
Peer comparison
Freight Systems (India) Private Limited is compared with the 6 companies closest to it by revenue in the Transport and Logistics industry (Diversified Logistics), 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 |
|---|---|---|---|---|---|---|
| Aai Cargo Logistics & Allied Services Company Limited | ₹551.51 Cr (FY 2024) | 20.0% | New Delhi, Delhi, India | |||
| Continental Carriers Private Limited | ₹549.43 Cr (FY 2025) | 52.0% | New Delhi, Delhi, India | |||
| Tiger Logistics (India) Limited Listed | ₹545.17 Cr (FY 2025) | 123.0% | New Delhi, Delhi, India | |||
| Seashell Logistics Private Limited | ₹541.19 Cr (FY 2024) | -32.0% | Navi Mumbai, Maharashtra, India | |||
| Freight Systems (India) Private Limited this company | ₹540.78 Cr (FY 2025) | ₹5.3 Cr | 1% | 23.0% | 506 | Chennai, Tamil Nadu, India |
| Noble Shipping Private Limited | ₹539.09 Cr (FY 2024) | -56.0% | Mumbai, Maharashtra, India | |||
| Magnum Cargo Private Limited | ₹522.18 Cr (FY 2025) | 59.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Freight Systems (India) Private Limited, buy the company report.
Auditor
Freight Systems (India) Private Limited is audited by PKF Sridhar & Santhanam LLP for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PKF Sridhar & Santhanam LLP | FY 2024 | 003990S |
Shareholding
The shareholding of Freight Systems (India) Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Freight Systems (India) Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Sep 2021 | 100494211 | The Hongkong and Shanghai Banking Corporation Limited | ₹15 Cr | Open | |
| 31 Oct 2016 | 100060283 | Citi Bank N.A. | ₹6 Cr | Open | |
| 27 Nov 2009 | 10187922 | Standard Chartered Bank | ₹15.29 Lakh | Open | |
| 29 Feb 2008 | 10092853 | Standard Chartered Bank | ₹18 Cr | Open | |
| 27 Nov 2017 | 100147331 | Citi Bank N.A. | ₹15 Cr | Satisfied |
To see the full charge records of Freight Systems (India) Private Limited, buy the company report.
Total charge records: 15 View all charges
Deals & funding
Freight Systems (India) Private Limited has 5 deals on record (4 funding rounds, 1 secondary share transfer), with disclosed funding of ₹8.19 Cr; the latest was in March 2022.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2022 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Jan 2014 | Funding round | ₹6.23 Cr | Investors: an individual |
| Mar 2010 | Funding round | ₹59.5 Lakh | Investors: an individual |
| Mar 2009 | Funding round | ₹91.2 Lakh | Investors: an individual |
| Aug 2006 | Funding round | ₹45 Lakh | Investors: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Freight Systems (India) Private Limited has 132 court cases on record: 85 filed by Freight Systems (India), 48 filed against it. 20 cases are pending and 112 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 87 | 26 | 10 |
| High courts | 38 | 16 | 9 |
| Supreme Court | 6 | 6 | 1 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 132)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chennai, Tamil Nadu | Court case (COS) | Filed by the company against M/S. Seikodenkimillion Manufacturing India Private Limited | Pending |
| District court, New Delhi, Delhi | Civil suit | Filed by the company against Nona Lifestyle Pvt Ltd | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SUMMARY CASE) | Filed by the company against Consol Lines India Pvt Ltd and 1 other | Pending |
| District court, New Delhi, Delhi | Cheque dishonour complaint | Filed by the company against Skyocean Shipping Pvt Ltd | Pending |
| High Court | Appeal | Filed against the company by Fast Forward Logistics India Pvt. Ltd., | Pending |
To see the full case history of Freight Systems (India) 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.
Credit ratings & regulatory alerts
Freight Systems (India) Private Limited was last rated by Care on 07 Dec 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 07 Dec 2021 |
To see the full credit ratings and regulatory alerts of Freight Systems (India) Private Limited, buy the company report.
MSME payment delays
Freight Systems (India) Private Limited has 4 MSME Form 1 returns on record between 2023 and 2024, listing 81 overdue payments to 38 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 38)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Affordable Infrastructure and Housing Projects Private Limited | |||
| Zeniya Electech Private Limited | |||
| Symbyont Asset Management Private Limited | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Freight Systems (India) Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Freight Systems (India) has 1 subsidiary company. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Concord Maritime and Logistics Private Limited | U63090MH2000PTC126949 |
To see the full group structure of Freight Systems (India) Private Limited, buy the company report.
Employees & EPFO
Freight Systems (India) Private Limited has a workforce of 506 employees on its EPFO records as of Mar 31, 2024, across 2 active EPFO establishments.
GST
Freight Systems (India) has 21 GST registrations: 15 active and 6 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAACF0677K1ZO | Tamil Nadu | Active | 01 Jul 2017 |
| 33AAACF0677K2ZN | Tamil Nadu | Active | 28 Mar 2025 |
| 33AAACF0677K3ZM | Tamil Nadu | Active | 09 Jul 2025 |
| 03AAACF0677K1ZR | Punjab | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Freight Systems (India) Private Limited, buy the company report.
Recent activity
Freight Systems (India) Private Limited has 11 board changes on record since 1995: 8 appointments and 3 cessations. The latest: Amanda Nicole Phillips was appointed as Director on 21 Feb 2023.
33 earlier events are in the company report.
Frequently asked questions
Freight Systems (India) is an active private limited company based in Chennai, Tamil Nadu, India. The company works in integrated and diversified logistics services, within the transport and logistics industry. It was incorporated on 07 December 1993 (33+ years old) and is registered under CIN U63010TN1993PTC062664.
Freight Systems (India) has 5 current directors:
- Manu Raj Bhalla - Director
- David Lionel Phillips - Director
- Jonathan Mark Phillips - Director
- Jennifer Dorothy Anne Phillips - Director
- Amanda Nicole Phillips - Director
The latest financial statements of Freight Systems (India) on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 21 October 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Freight Systems (India) is 33AAACF0677K1ZO, registered in Tamil Nadu. The company has 21 GST registrations in all, of which 15 are active and 6 are cancelled or inactive. Other active GSTINs include 33AAACF0677K2ZN (Tamil Nadu), 33AAACF0677K3ZM (Tamil Nadu), 03AAACF0677K1ZR (Punjab).
The CIN (Corporate Identification Number) of Freight Systems (India) is U63010TN1993PTC062664. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Freight Systems (India) has 132 court cases on record: 85 filed by the company and 48 filed against it. 20 are pending. Most are in the district courts.
Freight Systems (India) was incorporated on 07 December 1993, making it 33+ years old. It is registered with the Registrar of Companies, Chennai.
Freight Systems (India) has 5 deals on record (4 funding rounds, 1 secondary share transfer), with disclosed funding of ₹8.19 Cr; the latest was in March 2022.
The peers of Freight Systems (India) by revenue are Aai Cargo Logistics & Allied Services Company Limited, Continental Carriers Private Limited, Tiger Logistics (India) Limited, Seashell Logistics Private Limited, Noble Shipping Private Limited and 1 more, all in the Transport and Logistics industry (Diversified Logistics), with the same principal business activity (services incidental to land, water & air transportation).
Amanda Nicole Phillips was appointed as Director on 21 Feb 2023. Jennifer Dorothy Anne Phillips was appointed as Director on 27 Apr 2021. Surya Bhagwan Rangwani ceased to be Director on 27 Oct 2017. Freight Systems (India) has 11 board changes on record in total.
Freight Systems (India) has 4 MSME Form 1 returns on record between 2023 and 2024, listing 81 overdue payments to 38 micro and small suppliers. The latest return was filed on 01 May 2024.
Freight Systems (India) can be reached through the website freightsystems.com. Its registered office is in Chennai, Tamil Nadu, India.