About JTB Jupiter Express Services Private Limited
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JTB Jupiter Express Services 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 06 August 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U63090MH2002PTC136747. Its GSTIN is 27AABCJ3174C1ZV (Maharashtra). The company holds 13 GST registrations, of which 11 are active.
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹95 Lakh. It was formerly known as Jtb Express Services Private Limited. It is led by directors including Katsuaki Yamada and Hargovind Karsandas Vithalani.
Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at G – A Ground Floor Pil Court Sherbanoo Chs Ltd. 111 Maharshi Karve Road Churchgate, Mumbai, Maharashtra, India – 400020.
As per the financials filed for FY 2025, the company reported a revenue of ₹67.45 Cr, a growth of 57% compared to the previous year. For the same year it recorded a net profit of ₹2.48 Cr (net margin 3.7%) and EBITDA of ₹3.45 Cr (EBITDA margin 5.1%). Revenue has declined at a compounded annual rate (CAGR) of 22% over three years and 1% over five years.
The company has about 65 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: JTB Jupiter Express Services. As per MCA filings, the company has open charges of ₹3.05 Cr and satisfied charges of ₹5.4 Cr on record. Court records list 25 cases involving the company, including 25 filed by the company; 2 cases are pending. The company has 3 deals on record (3 secondary share transfers); the latest was in March 2018. Its 3 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, 1 larger and 2 smaller; the largest is Best Track's Shipping & Logistics Private Limited with revenue of ₹67.5 Cr. The company has 4 MSME Form 1 returns on record between 2022 and 2024, listing 7 overdue payments to 5 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 jtbexpress.com.
Company details
Contact details
JTB Jupiter Express Services Private Limited's registered office is in Mumbai, Maharashtra. Its website is jtbexpress.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressG – A Ground Floor Pil Court Sherbanoo Chs Ltd. 111 Maharshi Karve Road Churchgate, Mumbai, Maharashtra, India – 400020
- IndustryTransport and Logistics, Integrated & Diversified Logistics Services
To see the full contact details of JTB Jupiter Express Services 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
JTB Jupiter Express Services operates one associated brand: JTB Jupiter Express Services. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers international courier, freight forwarding, and customs clearance services worldwide. | jtbexpress.com |
Business activity
The main business activity of JTB Jupiter Express Services 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 JTB Jupiter Express Services Private Limited, buy the company report.
Financials of JTB Jupiter Express Services Private Limited
FY 2025 filings availableJTB Jupiter Express Services Private Limited reported revenue of ₹67.45 Cr (up 57% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 57% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 1%. EBITDA rose 28% 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 | ₹3.45 Cr | ||||
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| Net Profit (PAT) | ₹2.48 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 5.1% | ||||
| Net Profit Margin | 3.7% | ||||
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To see the full financial statements and ratios of JTB Jupiter Express Services Private Limited, buy the company report.
Board of directors of JTB Jupiter Express Services Private Limited
JTB Jupiter Express Services has 8 current directors and 20 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Noriyuki Fujita | Additional Director | 26 Jul 2023 | 3 Years 3 Months | Current |
| Katsuaki Yamada | Director | 05 Sep 2019 | 7 Years 1 Months | Current |
| Hargovind Karsandas Vithalani Also directs: Jupiter Assets Advisors LLP, Global Aviation Services Private Limited, Parul-Nisha Trading Private Limited and 1 more | Director | 06 Aug 2002 | 24 Years 2 Months | Current |
| Jalpa Hargovind Vithalani | Director | 23 Jan 2018 | 8 Years 9 Months | Current |
| Abhijit Murlidhar Samant | Director | 02 Dec 2021 | 4 Years 10 Months | Current |
| Toral Hargovind Vithalani | Director | 01 Apr 2025 | 1 Years 6 Months | Current |
Peer comparison
JTB Jupiter Express Services Private Limited is compared with the 3 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 |
|---|---|---|---|---|---|---|
| Best Track's Shipping & Logistics Private Limited | ₹67.5 Cr (FY 2025) | -26.0% | Chennai, Tamil Nadu, India | |||
| JTB Jupiter Express Services Private Limitedthis company | ₹67.45 Cr (FY 2025) | ₹2.48 Cr | 3.7% | 57.0% | 65 | Mumbai, Maharashtra, India |
| Megalo Worldwide Logistics Private Limited | ₹67.28 Cr (FY 2025) | 69.0% | Chennai, Tamil Nadu, India | |||
| Avion Shipping Enterprises Private Limited | ₹66.71 Cr (FY 2024) | 11.0% | Thane, Maharashtra, India |
To see the full peer comparison of JTB Jupiter Express Services Private Limited, buy the company report.
Auditor
JTB Jupiter Express Services Private Limited is audited by Bansi S. Mehta and Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Bansi S. Mehta and Co. | FY 2023 | 100991W |
Shareholding
The shareholding of JTB Jupiter Express Services Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of JTB Jupiter Express Services Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Sep 2004 | 80049742 | Hdfc Bank Limited | ₹2.6 Cr | Open | |
| 27 Apr 2004 | 90353236 | Hdfc Bank Ltd. | ₹45 Lakh | Open | |
| 25 Mar 2019 | 100260766 | Yes Bank Limited | ₹5 Cr | Satisfied | |
| 25 Nov 2003 | 90141195 | New India Co-Op. Bank Ltd. | ₹40 Lakh | Satisfied |
To see the full charge records of JTB Jupiter Express Services Private Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
JTB Jupiter Express Services Private Limited has 3 deals on record (3 secondary share transfers); the latest was in March 2018.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: Jupiter Asset Advisors Private Limited, Global Airport & Ground Service Private Limited Seller: Global Aviation Services Private Limited , an individual |
| Mar 2016 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Hargovind Karsandas Vithalani Huf |
| Mar 2007 | Secondary share transfer | Undisclosed | Buyer: Hargovind Karsandas Vithalani Huf, 3 individuals Seller: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
JTB Jupiter Express Services Private Limited has 25 court cases on record: 25 filed by JTB Jupiter Express Services. 2 cases are pending and 23 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 20 | 0 | 2 |
| High courts | 4 | 0 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 25)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed by the company against Yogs Logistics Private Limited | Pending |
| District court, New Delhi, Delhi | Execution petition | Filed by the company against M/S Speednat Logistics (India) Pvt. Limited | Disposed |
| District court, South West, Delhi | Court case (EX CIVIL) | Filed by the company against M/S Speednat Logistics India P. Ltd. and Ors. | Disposed |
| NCLT, Mumbai | Insolvency matter | Filed by the company against Trans Air Express Private Limited | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Original application | Filed by the company against Ms Mehraj Logistics Pvt Ltd and Ors | Disposed |
To see the full case history of JTB Jupiter Express Services 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.
MSME payment delays
JTB Jupiter Express Services Private Limited has 4 MSME Form 1 returns on record between 2022 and 2024, listing 7 overdue payments to 5 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 5)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Crescent Technologies | |||
| Aerpace Communications Private Limited | |||
| K A Pandit | |||
| Delhi Airport Service Private Limited |
To see the full MSME payment records of JTB Jupiter Express Services Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
JTB Jupiter Express Services Private Limited has a workforce of 65 employees on its EPFO records as of Mar 30, 2024, across 1 active EPFO establishment.
GST
JTB Jupiter Express Services has 13 GST registrations: 11 active and 2 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCJ3174C1ZV | Maharashtra | Active | 01 Jul 2017 |
| 27AABCJ3174C2ZU | Maharashtra | Active | 04 Mar 2025 |
| 07AABCJ3174C1ZX | Delhi | Active | 01 Jul 2017 |
| 19AABCJ3174C1ZS | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of JTB Jupiter Express Services Private Limited, buy the company report.
Recent activity
JTB Jupiter Express Services Private Limited has 28 board changes on record since 2002: 8 appointments and 20 cessations. The latest: Hideto Gyoten ceased to be Additional Director on 25 Sep 2025.
28 earlier events are in the company report.
Frequently asked questions
JTB Jupiter Express Services 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 06 August 2002 (24+ years old) and is registered under CIN U63090MH2002PTC136747.
JTB Jupiter Express Services has 8 current directors:
- Noriyuki Fujita - Additional Director
- Katsuaki Yamada - Director
- Hargovind Karsandas Vithalani - Director
- Jalpa Hargovind Vithalani - Director
- Abhijit Murlidhar Samant - Director
- Toral Hargovind Vithalani - Director
- Hideto Gyoten - Director
- Toshiharu Takahashi - Director
The latest financial statements of JTB Jupiter Express Services on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 26 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of JTB Jupiter Express Services is 27AABCJ3174C1ZV, registered in Maharashtra. The company has 13 GST registrations in all, of which 11 are active and 2 are cancelled or inactive. Other active GSTINs include 27AABCJ3174C2ZU (Maharashtra), 07AABCJ3174C1ZX (Delhi), 19AABCJ3174C1ZS (West Bengal).
The CIN (Corporate Identification Number) of JTB Jupiter Express Services is U63090MH2002PTC136747. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
JTB Jupiter Express Services has 25 court cases on record: 25 filed by the company. 2 are pending. Most are in the district courts.
JTB Jupiter Express Services was incorporated on 06 August 2002, making it 24+ years old. It is registered with the Registrar of Companies, Mumbai.
JTB Jupiter Express Services has 3 deals on record (3 secondary share transfers); the latest was in March 2018.
The peers of JTB Jupiter Express Services by revenue are Best Track's Shipping & Logistics Private Limited, Megalo Worldwide Logistics Private Limited, Avion Shipping Enterprises Private Limited, all in the Transport and Logistics industry (Diversified Logistics), with the same principal business activity (services incidental to land, water & air transportation).
Hideto Gyoten ceased to be Additional Director on 25 Sep 2025. Toshiharu Takahashi ceased to be Additional Director on 25 Sep 2025. Toral Hargovind Vithalani ceased to be Additional Director on 16 Jun 2025. JTB Jupiter Express Services has 28 board changes on record in total.
JTB Jupiter Express Services has 4 MSME Form 1 returns on record between 2022 and 2024, listing 7 overdue payments to 5 micro and small suppliers. The latest return was filed on 29 Apr 2024.
JTB Jupiter Express Services can be reached through the website jtbexpress.com. Its registered office is in Mumbai, Maharashtra, India.