Honest Freight & Forwarders Private Limited
About Honest Freight & Forwarders Private Limited
Data last updated:
Honest Freight & Forwarders Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the agricultural products distribution segment of the agriculture sector. It was incorporated on 10 February 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U63030MH2012PTC226713.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Alaf Amin Khan and Amin Yusuf Khan.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 401 Floor 4 Salman Appartment Ghadapdeo 1st Rd Hirabhai Compound Mazgaon, Mumbai, Maharashtra, India – 400010.
As per the financials filed for FY 2025, the company reported a revenue of ₹6.41 Cr, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹1.92 Lakh (net margin 0.3%) and EBITDA of ₹2.66 Lakh (EBITDA margin 0.4%). Revenue has declined at a compounded annual rate (CAGR) of 6% over three years and 11% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address401 Floor 4 Salman Appartment Ghadapdeo 1st Rd Hirabhai Compound Mazgaon, Mumbai, Maharashtra, India – 400010
- IndustryAgriculture, Agro Retail & Distribution
- 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 Honest Freight & Forwarders Private Limited
The main business activity of Honest Freight & Forwarders is agriculture, forestry and fishing. In detail, this covers crop and animal production, hunting and related service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| A | Agriculture, forestry and fishing | 01 | Crop and animal production, hunting and related service activities | 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 Honest Freight & Forwarders Private Limited FY 2025 filings available
Honest Freight & Forwarders Private Limited reported revenue of ₹6.41 Cr (up 1% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Honest Freight & Forwarders Private Limited
Revenue rose 1% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 11%. EBITDA fell 22% 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 Honest Freight & Forwarders 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 | ₹2.66 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.92 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 of Honest Freight & Forwarders Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.3% | •••• | •••• | •••• | •••• |
| 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 Honest Freight & Forwarders 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.
Board of Directors of Honest Freight & Forwarders Private Limited
Honest Freight & Forwarders has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Alaf Amin Khan Also directs: Mumbai Kingdevelopers LLP | Director | 18 Jun 2021 | 5 Years 4 Months | Current |
| Amin Yusuf Khan Also directs: Amfk Green Envior LLP | Director | 05 Oct 2017 | 9 Years 0 Months | Current |
Peer Comparison of Honest Freight & Forwarders Private Limited
Honest Freight & Forwarders Private Limited is compared with the companies closest to it by revenue in the Agriculture industry (Agro Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Seshasri Agro Estates Private Limited | ₹6.43 Cr (FY 2025) | •••• | •••• | 468.0% | •••• | Hyderabad, Telangana, India |
| Dhansubh Realestate Private Limited | ₹6.42 Cr (FY 2024) | •••• | •••• | -40.0% | •••• | Panjipara, West Bengal, India |
| Sarthak Commotrade Private Limited | ₹6.42 Cr (FY 2024) | •••• | •••• | -79.0% | •••• | Kolkata, West Bengal, India |
| Store Idea Foods Private Limited | ₹6.42 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | Sanpada, Maharashtra, India |
| Saraswat Agrocom Private Limited | ₹6.42 Cr (FY 2025) | •••• | •••• | 137.0% | •••• | Raising Nagar, Rajasthan, India |
| Honest Freight & Forwarders Private Limited this company | ₹6.41 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | Mumbai, Maharashtra, India |
| T. J. Exim (India) Private Limited | ₹6.41 Cr (FY 2024) | •••• | •••• | -20.0% | •••• | Junagadh, Gujarat, India |
| Achintya Organic Research Private Limited | ₹6.41 Cr (FY 2025) | •••• | •••• | 1016.0% | •••• | Kanpur, Uttar Pradesh, India |
| Prathima Agri Services Private Limited | ₹6.39 Cr (FY 2024) | •••• | •••• | -70.0% | •••• | Hyderabad, Telangana, India |
| Usha Edibles Private Limited | ₹6.38 Cr (FY 2024) | •••• | •••• | 57.0% | •••• | Mumbai, Maharashtra, India |
| SRB Irrigation Private Limited | ₹6.38 Cr (FY 2025) | •••• | •••• | 36.0% | •••• | Jaipur, Rajasthan, India |
Peers are the five companies nearest above and the five nearest below Honest Freight & Forwarders by revenue in the Agriculture industry (Agro Retail and Distribution), 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 Honest Freight & Forwarders Private Limited
Honest Freight & Forwarders Private Limited is audited by HARDIKKUMARCHOUDHARY for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| HARDIKKUMARCHOUDHARY | 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.
Ownership and Shareholding of Honest Freight & Forwarders 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 Honest Freight & Forwarders Private Limited
Honest Freight & Forwarders Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Honest Freight & Forwarders Private Limited
Employment history and EPFO contributions of people linked to Honest Freight & Forwarders.
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.
Recent Activity on Honest Freight & Forwarders Private Limited
Honest Freight & Forwarders Private Limited has 8 board changes on record since 2012: 2 appointments and 6 cessations. The latest: Alaf Amin Khan was appointed as Director on 18 Jun 2021.
Credit Ratings, Litigation & Regulatory Alerts for Honest Freight & Forwarders 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 Honest Freight & Forwarders 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 Honest Freight & Forwarders 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 Honest Freight & Forwarders Private Limited
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 Honest Freight & Forwarders 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 Honest Freight & Forwarders Private Limited
Honest Freight & Forwarders is an active private limited company based in Mumbai, Maharashtra, India. The company works in agro retail and distribution, within the agriculture industry. It was incorporated on 10 February 2012 (14+ years old) and is registered under CIN U63030MH2012PTC226713.
Honest Freight & Forwarders reported revenue of ₹6.41 Cr for FY 2025 (up 1% YoY).
Honest Freight & Forwarders has 2 current directors:
- Alaf Amin Khan - Director
- Amin Yusuf Khan - Director
Honest Freight & Forwarders reported a net profit of ₹1.92 Lakh (net margin 0.3%) and EBITDA of ₹2.66 Lakh (EBITDA margin 0.4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Honest Freight & Forwarders is -6% over three years and -11% over five years. In the latest year (FY 2025) revenue rose 1%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Honest Freight & Forwarders is U63030MH2012PTC226713. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Honest Freight & Forwarders was incorporated on 10 February 2012, making it 14+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Honest Freight & Forwarders by revenue are Seshasri Agro Estates Private Limited, Dhansubh Realestate Private Limited, Sarthak Commotrade Private Limited, Store Idea Foods Private Limited, Saraswat Agrocom Private Limited and 5 more, all in the Agriculture industry (Agro Retail and Distribution).
Alaf Amin Khan was appointed as Director on 18 Jun 2021. Nasir Tayyab Khan ceased to be Director on 18 Jun 2021. Amin Yusuf Khan ceased to be Additional Director on 01 Mar 2018. Honest Freight & Forwarders has 8 board changes on record in total.
The registered office of Honest Freight & Forwarders is at 401 Floor 4 Salman Appartment Ghadapdeo 1st Rd Hirabhai Compound Mazgaon, Mumbai, Maharashtra, India – 400010.
Honest Freight & Forwarders has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.