About Freight Wings Private Limited
Data last updated:
Freight Wings Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the integrated logistics and supply chain solutions segment of the transport and logistics sector. It was incorporated on 16 October 1982 and has been in existence for over 44 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U63090MH1982PTC028508. Its GSTIN is 27AAACF0888J1ZE (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.79 Cr. It is led by directors Vijay Kumar Papriwal and Sushila Vijay Papriwal.
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 309 Rex Chambers W.. H. Marg Ballard Estate, Mumbai, Maharashtra, India – 400038.
As per the financials filed for FY 2025, the company reported a revenue of ₹101.11 Cr, a growth of 12% compared to the previous year. For the same year it recorded a net profit of ₹18.75 Cr (net margin 18.5%) and EBITDA of ₹25.02 Cr (EBITDA margin 24.7%). Revenue has grown at a compounded annual rate (CAGR) of 39% over three years and 39% over five years.
The company has about 95 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹124.2 Cr and satisfied charges of ₹80.44 Cr on record. Court records list 13 cases involving the company, including 10 filed by the company and 2 filed against it; 5 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website fwpl.in.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address309 Rex Chambers W.. H. Marg Ballard Estate, Mumbai, Maharashtra, India – 400038
- IndustryTransport and Logistics, Integrated & Diversified Logistics Services
- 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
- One PDF report, delivered after checkout
Business Activity of Freight Wings Private Limited
The main business activity of Freight Wings is transportation and storage. In detail, this covers warehousing and support activities for transportation.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| H | Transportation and storage | 52 | Warehousing and support activities for transportation | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Freight Wings Private Limited FY 2024 filings available
Freight Wings Private Limited reported revenue of ₹101.11 Cr (up 12% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Freight Wings Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 39% over five years, including 12% growth in the latest year. EBITDA fell 5% 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 of Freight Wings Private Limited
| 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 | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹25.02 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹18.75 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 of Freight Wings Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 24.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 18.5% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Freight Wings are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Freight Wings Private Limited
Freight Wings Private Limited is compared with the companies closest to it by revenue in the Transport and Logistics industry (Diversified Logistics). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Coal Hub Logistics Private Limited | ₹101.63 Cr (FY 2025) | •••• | •••• | 28.0% | •••• | Raipur, Chhattisgarh, India |
| FMS FR. Meyer's Sohn India Private Limited | ₹101.59 Cr (FY 2025) | •••• | •••• | 80.0% | •••• | Gurgaon, Haryana, India |
| MG Logistics Private Limited | ₹101.43 Cr (FY 2025) | •••• | •••• | 114.0% | •••• | Chennai, Tamil Nadu, India |
| Jai Mata Di Parivahan Private Limited | ₹101.33 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | Giridih, Jharkhand, India |
| Alpha KKC Logistics (India) Private Limited | ₹101.28 Cr (FY 2025) | •••• | •••• | 54.0% | •••• | New Delhi, Delhi, India |
| Freight Wings Private Limited this company | ₹101.11 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | Mumbai, Maharashtra, India |
| Hind Freight Services Private Limited. | ₹100.89 Cr (FY 2025) | •••• | •••• | -4.0% | •••• | Mumbai, Maharashtra, India |
| LCM Logistics Private Limited | ₹100.85 Cr (FY 2023) | •••• | •••• | 26.0% | •••• | Bengaluru, Karnataka, India |
| Mosh Varaya Infraprojects Private Limited | ₹100.78 Cr (FY 2025) | •••• | •••• | 1568.0% | •••• | Raipur, Chhattisgarh, India |
| Synchronized Supply Systems Limited | ₹100.41 Cr (FY 2025) | •••• | •••• | 24.0% | •••• | New Delhi, Delhi, India |
| Majha Trans Port Private Limited | ₹100.31 Cr (FY 2016) | •••• | •••• | 7.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Freight Wings by revenue in the Transport and Logistics industry (Diversified Logistics), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Freight Wings Private Limited
Freight Wings Private Limited is audited by BANSI JAIN & ASSOCIATES for the financial year 2024.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| BANSI JAIN & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Freight Wings Private Limited
Freight Wings has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vijay Kumar Papriwal Also directs: Rajpalace Inn Private Limited, Freight Wings Consultants Private Limited, FWPL Properties Private Limited and 3 more | Director | 16 Oct 1982 | 44 Years 0 Months | Current |
| Sushila Vijay Papriwal | Director | 01 Feb 2009 | 17 Years 8 Months | Current |
Ownership and Shareholding of Freight Wings Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Freight Wings Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Aug 2025 | Others | ₹100 Cr | Open |
| 27 Jun 2025 | Others | ₹6.5 Cr | Open |
| 23 Sep 2024 | Others | ₹6.5 Cr | Open |
| 13 Sep 2023 | Others | ₹1.2 Cr | Open |
| 06 Jan 2017 | Others | ₹10 Cr | Open |
Total charge records: 23 View all charges
Legal Cases of Freight Wings Private Limited
Freight Wings Private Limited has 13 court cases on record: 10 filed by Freight Wings, 2 filed against it, 1 where it is another party. 5 cases are pending and 8 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 1 | 4 |
| High courts | 5 | 1 | 1 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (COMMP) | Filed by the company against Freightwings and Travels Private Limited | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SUMMARY CASE) | Filed by the company against DVP Infra Projects Private Limited | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (SUMMARY CIVIL SUIT) | Filed by the company against an individual | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed by the company against Essar Shipping Limited | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed by the company against Essar Shipping Limited | Pending |
Full case history
All 13 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Freight Wings Private Limited
Freight Wings Private Limited has a workforce of 95 employees as of Sep 23, 2025.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Group Structure of Freight Wings Private Limited
Freight Wings has 3 associated companies. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
Recent Activity on Freight Wings Private Limited
Freight Wings Private Limited has 5 board changes on record since 1982: 2 appointments and 3 cessations. The latest: Rajkumar Trilokchand Jain ceased to be Additional Director on 07 Dec 2010.
41 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Freight Wings Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Freight Wings Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Freight Wings Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Freight Wings Private Limited
Freight Wings has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACF0888J1ZE | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Freight Wings Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Freight Wings Private Limited
Freight Wings is an active private limited company based in Mumbai, Maharashtra, India. The company works in integrated and diversified logistics services, within the transport and logistics industry. It was incorporated on 16 October 1982 (44+ years old) and is registered under CIN U63090MH1982PTC028508.
Freight Wings reported revenue of ₹101.11 Cr for FY 2025 (up 12% YoY).
Freight Wings has 2 current directors:
- Vijay Kumar Papriwal - Director
- Sushila Vijay Papriwal - Director
Freight Wings reported a net profit of ₹18.75 Cr (net margin 18.5%) and EBITDA of ₹25.02 Cr (EBITDA margin 24.7%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Freight Wings is 39% over three years and 39% over five years. In the latest year (FY 2025) revenue rose 12%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Freight Wings is 27AAACF0888J1ZE, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Freight Wings is U63090MH1982PTC028508. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Freight Wings has 13 court cases on record: 10 filed by the company and 2 filed against it. 5 are pending. Most are in the district courts.
Freight Wings was incorporated on 16 October 1982, making it 44+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Freight Wings by revenue are Coal Hub Logistics Private Limited, FMS FR. Meyer's Sohn India Private Limited, MG Logistics Private Limited, Jai Mata Di Parivahan Private Limited, Alpha KKC Logistics (India) Private Limited and 5 more, all in the Transport and Logistics industry (Diversified Logistics).
Rajkumar Trilokchand Jain ceased to be Additional Director on 07 Dec 2010. Sushila Vijay Papriwal was appointed as Director on 01 Feb 2009. Yuvraj Vijay Papriwal ceased to be Director on 01 Feb 2009. Freight Wings has 5 board changes on record in total.