Heavy Cargo Movers (India) Pvt Ltd

Heavy Cargo Movers (India) Pvt Ltd - transport and logistics in Bhopal, Madhya Pradesh, India. FY 2026 financials & compliance.
CIN U63011MP1984PTC002530 Incorporated 14 August 1984 ROC Gwalior HQ Bhopal, Madhya Pradesh, India
Active Private Limited Company transport and logistics
Data last updated
Revenue · FY 2024
₹75,334
▼ 11% YoY
Net loss · FY 2024
₹4.79 Cr
Latest filing
EBITDA · FY 2024
-₹4.79 Cr
Latest filing
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹25.75 Lakh
Issued & subscribed
Open charges
₹8.49 Cr
Satisfied ₹4.78 Cr
Company age
42 yrs
Est. 1984
Employees · EPFO
1
Provident fund records

About Heavy Cargo Movers (India) Pvt Ltd

Data last updated:

Heavy Cargo Movers (India) Pvt Ltd is a private limited company based in Bhopal, Madhya Pradesh, India. It operates in the carriers services segment of the transport and logistics sector. It was incorporated on 14 August 1984 and has been in existence for over 42 years.

The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U63011MP1984PTC002530. The company has 1 GST registration on record, which is no longer active.

The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹25.75 Lakh. It is led by directors Pawandeep Singh Chhatwal and Jasmine Chhatwal.

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 Ashok Garden Raisen Road, Bhopal, Madhya Pradesh, India – 462023.

As per the financials filed for FY 2024, the company reported a revenue of ₹75,334, a decline of 11% compared to the previous year. For the same year it recorded a net loss of ₹4.79 Cr and EBITDA of -₹4.79 Cr. Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 3% over five years.

The company has about 1 employee on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹8.49 Cr and satisfied charges of ₹4.78 Cr on record. Court records list 12 cases involving the company, including 8 filed by the company and 4 filed against it; 1 case is pending.

The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U63011MP1984PTC002530
Registration Number 002530
Incorporation Date 14 August 1984
ROC Gwalior
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant

Contact details

Heavy Cargo Movers (India) Pvt Ltd's registered office is in Bhopal, Madhya Pradesh. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Ashok Garden Raisen Road, Bhopal, Madhya Pradesh, India – 462023
  • Industry
    Transport and Logistics, Carriers Services

To see the full contact details of Heavy Cargo Movers (India) Pvt Ltd, buy the company report.

Comprehensive company report
Heavy Cargo Movers (India) Pvt Ltd - 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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Financials of Heavy Cargo Movers (India) Pvt Ltd

FY 2024 filings available

Heavy Cargo Movers (India) Pvt Ltd reported revenue of ₹75,334 (down 11% YoY) for FY 2024.

Revenue · FY 2024
₹75,334 ▼ 11%
Net loss · FY 2024
₹4.79 Cr
EBITDA · FY 2024
-₹4.79 Cr

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 11%
3 years · compounded
▲ 7%
5 years · compounded
▲ 3%
EBITDA CAGR growth
3 years · compounded
▼ 228%
5 years · compounded
▼ 140%

Revenue fell 11% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 3%. 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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-₹4.79 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹4.79 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin
Net Profit Margin
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 Heavy Cargo Movers (India) Pvt Ltd, buy the company report.

Board of directors of Heavy Cargo Movers (India) Pvt Ltd

Heavy Cargo Movers (India) has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Jasmine ChhatwalAdditional Director28 Mar 20233 Years 7 MonthsCurrent
Pawandeep Singh ChhatwalDirector06 Apr 199531 Years 6 MonthsCurrent

Peer comparison

Heavy Cargo Movers (India) Pvt Ltd is compared with the 6 companies closest to it by revenue in the Transport and Logistics industry (Road Carriers and Trucking), with the same principal business activity (land transport via road), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Aadithya Roadways Private Limited₹75,930 (FY 2025)-100.0%Namakkal, Tamil Nadu, India
Speed Trans Cargo Private Limited₹75,600 (FY 2023)1.0%Bangalore, Karnataka, India
Swastik Coal Carriers Private Limited₹75,345 (FY 2025)7.0%Rohtak, Haryana, India
Heavy Cargo Movers (India) Pvt Ltdthis company₹75,334 (FY 2024)-₹4.79 Cr-11.0%1Bhopal, Madhya Pradesh, India
Mehul Roadlines Private Limited₹74,443 (FY 2025)28.0%Mumbai, Maharashtra, India
M K Trailler Service Private Limited₹71,200 (FY 2024)-98.0%New Delhi, Delhi, India
Palnadu Constructions Private Limited₹68,670 (FY 2024)-91.0%Hyderabad, Telangana, India

To see the full peer comparison of Heavy Cargo Movers (India) Pvt Ltd, buy the company report.

Auditor

Heavy Cargo Movers (India) Pvt Ltd is audited by KESHRI & ASSOCIATES for the financial year 2023.

Auditor firmFinancial yearFirm registration number
KESHRI & ASSOCIATESFY 2023310006E

Shareholding

The shareholding of Heavy Cargo Movers (India) Pvt Ltd is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Heavy Cargo Movers (India) Pvt Ltd, buy the company report.

Charges & borrowings

Open charges
₹8.49 Cr
Satisfied charges
₹4.78 Cr
Breakdown by lending institutions
State Bank of India₹6.50 Cr
Bank of Baroda₹1.51 Cr
Punjab and Sind Bank₹0.48 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
24 Jan 200910143154State Bank of India₹6.5 CrOpen
13 Aug 200810124654Punjab and Sind Bank₹48 LakhOpen
26 Jun 200710060464Bank of Baroda₹1.51 CrOpen
07 Jan 201210339275Punjab National Bank₹2 CrSatisfied
26 Feb 201010206433Punjab National Bank₹2.78 CrSatisfied

To see the full charge records of Heavy Cargo Movers (India) Pvt Ltd, buy the company report.

Total charge records: 5 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Heavy Cargo Movers (India) Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Heavy Cargo Movers (India) Pvt Ltd has a workforce of 1 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.

Employee count
1
Active EPFO establishments
1

GST

Heavy Cargo Movers (India) has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.

Total GSTINs
1
Cancelled / inactive
1

To see the full GST registrations and return filing status of Heavy Cargo Movers (India) Pvt Ltd, buy the company report.

Recent activity

Heavy Cargo Movers (India) Pvt Ltd has 4 board changes on record since 1995: 2 appointments and 2 cessations. The latest: Jasmine Chhatwal was appointed as Additional Director on 28 Mar 2023.

AGM
Heavy Cargo Movers (India) Pvt Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Heavy Cargo Movers (India) Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Gwalior.
Appointed
Jasmine Chhatwal was appointed as Additional Director.
Ceased
Kulwant Kaur ceased to be Director.
Ceased
Jeewan Singh Chhatwal ceased to be Director.
Charges
A charge registered on 07 Jan 2012 via Charge ID 10339275 with Punjab National Bank was fully satisfied on 23 Feb 2015.
Charges
A charge registered on 26 Feb 2010 via Charge ID 10206433 with Punjab National Bank was fully satisfied on 23 Feb 2015.
Charges
A charge with State Bank Of India of Rs. 650.00 Lakh registered on 24 Jan 2009 with Charge ID 10143154 was modified on 29 Nov 2013.
Charges
A charge with Bank Of Baroda of Rs. 151.00 Lakh registered on 26 Jun 2007 with Charge ID 10060464 was modified on 17 Jun 2013.
Charges
A charge with Punjab National Bank amounted to Rs. 200.00 Lakh with Charge ID 10339275 was registered on 07 Jan 2012.
Charges
A charge with Punjab National Bank of Rs. 278.25 Lakh registered on 26 Feb 2010 with Charge ID 10206433 was modified on 07 Jan 2012.
Charges
A charge with Punjab National Bank amounted to Rs. 278.25 Lakh with Charge ID 10206433 was registered on 26 Feb 2010.

5 earlier events are in the company report.

Frequently asked questions

Heavy Cargo Movers (India) is an active private limited company based in Bhopal, Madhya Pradesh, India. The company works in carriers services, within the transport and logistics industry. It was incorporated on 14 August 1984 (42+ years old) and is registered under CIN U63011MP1984PTC002530.

Heavy Cargo Movers (India) has 2 current directors:

The latest financial statements of Heavy Cargo Movers (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.

No. Heavy Cargo Movers (India) has 1 GST registration on record and it is cancelled or inactive.

The CIN (Corporate Identification Number) of Heavy Cargo Movers (India) is U63011MP1984PTC002530. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Heavy Cargo Movers (India) has 12 court cases on record: 8 filed by the company and 4 filed against it. 1 is pending. Most are in the high courts.

Heavy Cargo Movers (India) was incorporated on 14 August 1984, making it 42+ years old. It is registered with the Registrar of Companies, Gwalior.

The peers of Heavy Cargo Movers (India) by revenue are Aadithya Roadways Private Limited, Speed Trans Cargo Private Limited, Swastik Coal Carriers Private Limited, Mehul Roadlines Private Limited, M K Trailler Service Private Limited and 1 more, all in the Transport and Logistics industry (Road Carriers and Trucking), with the same principal business activity (land transport via road).

Jasmine Chhatwal was appointed as Additional Director on 28 Mar 2023. Kulwant Kaur ceased to be Director on 23 Mar 2023. Jeewan Singh Chhatwal ceased to be Director on 03 Jan 2021. Heavy Cargo Movers (India) has 4 board changes on record in total.

The registered office of Heavy Cargo Movers (India) is at Ashok Garden Raisen Road, Bhopal, Madhya Pradesh, India – 462023.

Heavy Cargo Movers (India) operates in the transport and logistics industry, in the carriers services segment.