- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-19-0183713

About M. Pallonji Logistics Private Limited
Data last updated:
M. Pallonji Logistics Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of M Pallonji And Company Private Limited. It operates in the cargo services segment of the transport and logistics sector. It was incorporated on 19 August 2009 and has been in existence for over 17 years.
Its director Pheroze K Mistry is #551 among India's richest people (2026). Its director Mehli K Mistry is #551 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2009PTC195037. Its GSTIN is 27AAGCM1345P1Z3 (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Pheroze Kersasp Mistry and Mehli Kersasp Mistry.
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 46/A Cawasji Patel Street Fort, Mumbai, Maharashtra, India – 400001.
As per the financials filed for FY 2025, the company reported a revenue of ₹358 Cr, a growth of 15% compared to the previous year. For the same year it recorded a net profit of ₹187.38 Cr (net margin 52.3%) and EBITDA of ₹238.82 Cr (EBITDA margin 66.7%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 7% over five years.
Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹10 Cr and satisfied charges of ₹336.77 Cr on record. Court records list 23 cases involving the company, including 16 filed by the company and 7 filed against it; 5 cases are pending. The company has 2 deals on record (2 secondary share transfers); the latest was in October 2010.
M. Pallonji Logistics Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0183713). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mpallonjigroup.com.
Company details
Recognitions & Rankings of M. Pallonji Logistics
- #551 Pheroze K Mistry ₹6,100 Cr
- #551 Mehli K Mistry ₹6,100 Cr
Contact details
M. Pallonji Logistics Private Limited's registered office is in Mumbai, Maharashtra. Its website is mpallonjigroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address46/A Cawasji Patel Street Fort, Mumbai, Maharashtra, India – 400001
- IndustryTransport and Logistics, Cargo Services
To see the full contact details of M. Pallonji Logistics 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
Business activity
The main business activity of M. Pallonji Logistics is transport and storage. In detail, this covers water transport.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transport and storage | H3 | Water transport |
To see the full business activity and turnover split of M. Pallonji Logistics Private Limited, buy the company report.
Financials of M. Pallonji Logistics Private Limited
FY 2024 filings availableM. Pallonji Logistics Private Limited reported revenue of ₹358 Cr (up 15% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 7% over five years, including 15% growth in the latest year. EBITDA rose 49% 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 |
|---|---|---|---|---|---|
| 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 | ₹238.82 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹187.38 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 66.7% | ||||
| Net Profit Margin | 52.3% | ||||
| 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 | |||||
To see the full financial statements and ratios of M. Pallonji Logistics Private Limited, buy the company report.
Board of directors of M. Pallonji Logistics Private Limited
M. Pallonji Logistics has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pheroze Kersasp Mistry Also directs: Travotel (India) LLP, M Pallonji and Company Private Limited, M Pallonji Investment Advisors Private Limited and 5 more | Director | 19 Aug 2009 | 17 Years 2 Months | Current |
| Mehli Kersasp Mistry Also directs: Travotel (India) LLP, M Pallonji and Company Private Limited, M Pallonji Investment Advisors Private Limited and 5 more | Director | 19 Aug 2009 | 17 Years 2 Months | Current |
Auditor
M. Pallonji Logistics Private Limited is audited by Sara & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Sara & Associates | FY 2023 | 120927W |
Shareholding
The shareholding of M. Pallonji Logistics 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 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of M. Pallonji Logistics Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Dec 2021 | 100514526 | Others | ₹10 Cr | Open | |
| 02 Nov 2016 | 100076228 | Standard Chartered Bank | ₹329.77 Cr | Satisfied | |
| 08 Mar 2011 | 10274216 | The Zoroastrian Co-Operative Bank Limited | ₹7 Cr | Satisfied |
To see the full charge records of M. Pallonji Logistics Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
M. Pallonji Logistics Private Limited has 2 deals on record (2 secondary share transfers); the latest was in October 2010.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2010 | Secondary share transfer | Undisclosed | Buyer: M Pallonji and Company Private Limited , M Pallonji & Company Private Limited & Pheroze K Mistry, M Pallonji & Company Private Limited & Mehli K Mistry Seller: 2 individuals |
| Feb 2010 | Secondary share transfer | Undisclosed | Buyer: M Pallonji and Company Private Limited Seller: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
M. Pallonji Logistics Private Limited has 23 court cases on record: 16 filed by M. Pallonji Logistics, 7 filed against it. 5 cases are pending and 18 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 15 | 4 | 4 |
| High courts | 8 | 3 | 1 |
Cases on record (5 of 23)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed against the company by Francis Klein and Co. (Bombay) Pvt.Ltd. | Pending |
| District court, Chennai, Tamil Nadu | Execution petition | Filed by the company against Poompuhar Shipping Corporation Ltd and 4 others | Disposed |
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed by the company against M/S. Poompuhar Shipping Corporation Ltd., and 4 others | Disposed |
| High Court, TAMIL NADU | Court case (OSA(CAD)) | Filed by the company against M/S. Poompuhar Shipping Corporation Ltd., and 5 others | Disposed |
| Madras High Court | Petition | Filed by the company against Poompuhar Shipping Corpn.Ltd, A Government of Tamil Nadu Enterprise and A Company Registered Under | Disposed |
To see the full case history of M. Pallonji Logistics 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
No delayed payments to MSME suppliers are on our record for M. Pallonji Logistics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
M. Pallonji Logistics has 1 subsidiary company and 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Ohnicio Private Limited | U55204MH2018PTC305329 |
To see the full group structure of M. Pallonji Logistics Private Limited, buy the company report.
GST
M. Pallonji Logistics has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCM1345P1Z3 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of M. Pallonji Logistics Private Limited, buy the company report.
Recent activity
M. Pallonji Logistics Private Limited has 2 board changes on record since 2009: 2 appointments. The latest: Mehli Kersasp Mistry was appointed as Director on 19 Aug 2009.
Frequently asked questions
M. Pallonji Logistics is an active private limited company based in Mumbai, Maharashtra, India. The company works in cargo services, within the transport and logistics industry. It was incorporated on 19 August 2009 (17+ years old) and is registered under CIN U74999MH2009PTC195037.
M. Pallonji Logistics has 2 current directors:
- Pheroze Kersasp Mistry - Director
- Mehli Kersasp Mistry - Director
The latest financial statements of M. Pallonji Logistics 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.
The GSTIN of M. Pallonji Logistics is 27AAGCM1345P1Z3, registered in Maharashtra.
The CIN (Corporate Identification Number) of M. Pallonji Logistics is U74999MH2009PTC195037. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
M. Pallonji Logistics has 23 court cases on record: 16 filed by the company and 7 filed against it. 5 are pending. Most are in the district courts.
M. Pallonji Logistics was incorporated on 19 August 2009, making it 17+ years old. It is registered with the Registrar of Companies, Mumbai.
M. Pallonji Logistics has 2 deals on record (2 secondary share transfers); the latest was in October 2010.
Mehli Kersasp Mistry was appointed as Director on 19 Aug 2009. Pheroze Kersasp Mistry was appointed as Director on 19 Aug 2009.
Yes, M. Pallonji Logistics is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-19-0183713).

