About Joshi Transit Solutions Private Limited
Data last updated:
Joshi Transit Solutions Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the equipment leasing and financing segment of the financial services sector. It was incorporated on 03 July 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U63090MH2012PTC232881. Its GSTIN is 27AACCJ9099F1Z4 (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Manan Babubhai Joshi and Jasumati Babubhai Joshi.
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 2 Vora Palace M. G. Road Near Dena Bank Kandivali (West), Mumbai, Maharashtra, India – 400067.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.36 Cr, a growth of 69% compared to the previous year. For the same year it recorded a net profit of ₹43.99 Lakh (net margin 10.1%) and EBITDA of ₹1.45 Cr (EBITDA margin 33.2%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years and 10% over five years.
The company has about 14 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹4.24 Cr on record. Court records list 4 cases involving the company, including 4 filed against it; 1 case is 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 joshitravels.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address2 Vora Palace M. G. Road Near Dena Bank Kandivali (West), Mumbai, Maharashtra, India – 400067
- IndustryFinancial Services, Equipment Leasing & Financing
- 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 Joshi Transit Solutions Private Limited
The main business activity of Joshi Transit Solutions is administrative and support service activities. In detail, this covers rental and leasing activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Administrative and support service activities | 77 | Rental and leasing 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 Joshi Transit Solutions Private Limited FY 2025 filings available
Joshi Transit Solutions Private Limited reported revenue of ₹4.36 Cr (up 69% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Joshi Transit Solutions Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 69% growth in the latest year. EBITDA rose 268% 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 Joshi Transit Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 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 | ₹1.45 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹43.99 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 Joshi Transit Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 33.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 10.1% | •••• | •••• | •••• | •••• |
| 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 Joshi Transit Solutions 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 Joshi Transit Solutions Private Limited
Joshi Transit Solutions Private Limited is compared with the companies closest to it by revenue in the Education industry (Education Content Providers, Machinery and Equipment Leasing). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Gulf Heavy Equipments Rental Private Limited | •••• | •••• | •••• | •••• | - | Sriperumbudur, Tamil Nadu, India |
| Siddhi Energy Solutions Private Limited | •••• | •••• | •••• | •••• | - | Ranchi, Jharkhand, India |
| Evelyn Learning Systems Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Bombay Jamnagar Roadlines Private Limited | •••• | •••• | •••• | •••• | - | Thane, Maharashtra, India |
| Nutek Spares and Services Pvt Ltd | •••• | •••• | •••• | •••• | - | Padra, Gujarat, India |
| Joshi Transit Solutions Private Limited this company | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Mbes Infra Private Limited | •••• | •••• | •••• | •••• | - | Santipur, West Bengal, India |
| Aditya Constrotech Private Limited | •••• | •••• | •••• | •••• | - | Aurangabad, Maharashtra, India |
| Ashoka Avl Solutions Private Limited | •••• | •••• | •••• | •••• | - | Paravur, Kerala, India |
| Candid Ventures Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Pee Kay Structural Equipments Private Limited | •••• | •••• | •••• | •••• | - | Zirakpur, Punjab, India |
Peers are the five companies nearest above and the five nearest below Joshi Transit Solutions by revenue in the Education industry (Education Content Providers, Machinery and Equipment Leasing), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Joshi Transit Solutions Private Limited
Joshi Transit Solutions Private Limited is audited by V PUROHIT & ASSOCIATES for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| V PUROHIT & 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 Joshi Transit Solutions Private Limited
Joshi Transit Solutions has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manan Babubhai Joshi Also directs: Neel-Jeel Ventures LLP | Director | 03 Jul 2012 | 14 Years 3 Months | Current |
| Jasumati Babubhai Joshi Also directs: Neel-Jeel Ventures LLP | Director | 03 Jul 2012 | 14 Years 3 Months | Current |
| Riya Manan Joshi Also directs: Neel-Jeel Ventures LLP | Director | 03 Jul 2012 | 14 Years 3 Months | Current |
| Babubhai Ramjibhai Joshi Also directs: Neel-Jeel Ventures LLP | Director | 03 Jul 2012 | 14 Years 3 Months | Current |
Ownership and Shareholding of Joshi Transit Solutions 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 Joshi Transit Solutions Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Sep 2023 | Hdfc Bank Limited | ₹60 Lakh | Open |
| 25 Jul 2023 | Hdfc Bank Limited | ₹18.25 Lakh | Open |
| 23 Mar 2023 | Hdfc Bank Limited | ₹57 Lakh | Open |
| 14 Aug 2022 | Hdfc Bank Limited | ₹60 Lakh | Open |
| 17 Feb 2022 | Axis Bank Limited | ₹16.32 Lakh | Open |
Total charge records: 13 View all charges
Legal Cases of Joshi Transit Solutions Private Limited
Joshi Transit Solutions Private Limited has 4 court cases on record: 4 filed against it. 1 case is pending and 3 are disposed. Status as checked between 30 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 4 | 1 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Police cases S) | Filed against the company by an individual | Pending |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Appln.WCA.I) | Filed against the company by an individual | Disposed |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Appln.WCA.G) | Filed against the company by an individual | Disposed |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Appln.WCA.B) | Filed against the company by an individual | Disposed |
Full case history
All 4 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 Joshi Transit Solutions Private Limited
Joshi Transit Solutions Private Limited has a workforce of 14 employees as of Mar 31, 2024.
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 Joshi Transit Solutions Private Limited
Joshi Transit Solutions Private Limited has 4 board changes on record since 2012: 4 appointments. The latest: Babubhai Ramjibhai Joshi was appointed as Director on 03 Jul 2012.
8 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Joshi Transit Solutions 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 Joshi Transit Solutions 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 Joshi Transit Solutions 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 Joshi Transit Solutions Private Limited
Joshi Transit Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCJ9099F1Z4 | 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 Joshi Transit Solutions 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 Joshi Transit Solutions Private Limited
Joshi Transit Solutions is an active private limited company based in Mumbai, Maharashtra, India. The company works in equipment leasing and financing, within the financial services industry. It was incorporated on 03 July 2012 (14+ years old) and is registered under CIN U63090MH2012PTC232881.
Joshi Transit Solutions reported revenue of ₹4.36 Cr for FY 2024 (up 69% YoY).
Joshi Transit Solutions has 4 current directors:
- Manan Babubhai Joshi - Director
- Jasumati Babubhai Joshi - Director
- Riya Manan Joshi - Director
- Babubhai Ramjibhai Joshi - Director
Joshi Transit Solutions reported a net profit of ₹43.99 Lakh (net margin 10.1%) and EBITDA of ₹1.45 Cr (EBITDA margin 33.2%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Joshi Transit Solutions is 18% over three years and 10% over five years. In the latest year (FY 2024) revenue rose 69%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Joshi Transit Solutions is 27AACCJ9099F1Z4, registered in Maharashtra.
The CIN (Corporate Identification Number) of Joshi Transit Solutions is U63090MH2012PTC232881. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Joshi Transit Solutions has 4 court cases on record: 4 filed against it. 1 is pending.
Joshi Transit Solutions was incorporated on 03 July 2012, making it 14+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Joshi Transit Solutions by revenue are Gulf Heavy Equipments Rental Private Limited, Siddhi Energy Solutions Private Limited, Evelyn Learning Systems Private Limited, Bombay Jamnagar Roadlines Private Limited, Nutek Spares and Services Pvt Ltd and 5 more, all in the Education industry (Education Content Providers, Machinery and Equipment Leasing).
Babubhai Ramjibhai Joshi was appointed as Director on 03 Jul 2012. Jasumati Babubhai Joshi was appointed as Director on 03 Jul 2012. Manan Babubhai Joshi was appointed as Director on 03 Jul 2012. Joshi Transit Solutions has 4 board changes on record in total.