About Mahaseth Couriers Private Limited
Data last updated:
Mahaseth Couriers Private Limited is a private limited company based in Navi Mumbai, Maharashtra, India. It operates in the express logistics segment of the transport and logistics sector. It was incorporated on 19 March 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U64100MH2015PTC262843. Its GSTIN is 27AAJCM6510F2ZJ (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Ajit Kumar Sha and Prahlad Mahaseth.
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 Shop – 9 Plot – 43 Sector – 11 CBD Navi Mumbai, Maharashtra, India – 400614.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.7 Cr, a growth of 13% compared to the previous year. For the same year it recorded a net profit of ₹3.98 Lakh (net margin 1.5%) and EBITDA of ₹21.27 Lakh (EBITDA margin 7.9%). Revenue has declined at a compounded annual rate (CAGR) of 2% over three years and 3% over five years.
The company is associated with 1 brand: Mahaseth Couriers. As per MCA filings, the company has open charges of ₹1.7 Cr and satisfied charges of ₹36 Lakh on record. Court records list 5 cases involving the company, including 5 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mahasethcouriers.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressShop – 9 Plot – 43 Sector – 11 CBD Navi Mumbai, Maharashtra, India – 400614
- IndustryTransport and Logistics, Express Logistics
- 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 Mahaseth Couriers Private Limited
The main business activity of Mahaseth Couriers is transportation and storage. In detail, this covers postal and courier activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| H | Transportation and storage | 53 | Postal and courier 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 Mahaseth Couriers Private Limited FY 2025 filings available
Mahaseth Couriers Private Limited reported revenue of ₹2.7 Cr (up 13% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Mahaseth Couriers Private Limited
Revenue rose 13% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 3%. EBITDA fell 52% 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 Mahaseth Couriers 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 | ₹21.27 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹3.98 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 Mahaseth Couriers Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.5% | •••• | •••• | •••• | •••• |
| 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 Mahaseth Couriers 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 Mahaseth Couriers Private Limited
Mahaseth Couriers Private Limited is compared with the companies closest to it by revenue in the Transport and Logistics industry (Express Logistics). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sure Deliveries Private Limited | ₹2.76 Cr (FY 2025) | •••• | •••• | 20.0% | •••• | Chennai, Tamil Nadu, India |
| Dogra Cargo Express Private Limited | ₹2.74 Cr (FY 2025) | •••• | •••• | -3.0% | •••• | Ludhiana, Punjab, India |
| Perfect Packers & Couriers (Mumbai) Private Limited | ₹2.73 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | Mumbai, Maharashtra, India |
| Pravri Corporate Management Services Private Limited | ₹2.73 Cr (FY 2024) | •••• | •••• | 191.0% | •••• | Mumbai, Maharashtra, India |
| Progressive Courier Servicees Private Limited | ₹2.72 Cr (FY 2025) | •••• | •••• | -14.0% | •••• | Bangalore, Karnataka, India |
| Mahaseth Couriers Private Limited this company | ₹2.7 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | Navi Mumbai, Maharashtra, India |
| Ak Beeline Express Logistics Private Limited | ₹2.69 Cr (FY 2025) | •••• | •••• | 29.0% | •••• | Pune, Maharashtra, India |
| Cartzone Supply Chain Private Limited | ₹2.66 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | Noida, Uttar Pradesh, India |
| SFS Business Solutions Private Limited | ₹2.66 Cr (FY 2016) | •••• | •••• | -73.0% | •••• | Mumbai, Maharashtra, India |
| Dhruv Roadlines Private Limited | ₹2.66 Cr (FY 2024) | •••• | •••• | -17.0% | •••• | Ahmedabad, Gujarat, India |
| Deskmate Global Express India Private Limited | ₹2.65 Cr (FY 2025) | •••• | •••• | 7843.0% | •••• | Ekkattuthangal, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Mahaseth Couriers by revenue in the Transport and Logistics industry (Express Logistics), 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 Mahaseth Couriers Private Limited
Mahaseth Couriers Private Limited is audited by J M K & CO for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| J M K & CO | 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 Mahaseth Couriers Private Limited
Mahaseth Couriers has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ajit Kumar Sha Also directs: Urbanaxis Hospitality Private Limited | Director | 26 Dec 2023 | 2 Years 9 Months | Current |
| Prahlad Mahaseth Also directs: Mahaseth Hospitality Private Limited, Urbanaxis Hospitality Private Limited, Logiphex Technologies Private Limited and 1 more | Director | 19 Mar 2015 | 11 Years 6 Months | Current |
Ownership and Shareholding of Mahaseth Couriers 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 Mahaseth Couriers Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Mar 2025 | Others | ₹98.35 Lakh | Open |
| 30 Jul 2020 | Others | ₹11.77 Lakh | Open |
| 11 Feb 2019 | Others | ₹60 Lakh | Open |
| 31 Oct 2015 | Indostar Capital Finance Limited | ₹36 Lakh | Satisfied |
Total charge records: 4 View all charges
Legal Cases of Mahaseth Couriers Private Limited
Mahaseth Couriers Private Limited has 5 court cases on record: 5 filed against it. All cases are disposed. Status as checked between 30 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 5 | 0 |
Cases on record (2 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Cholamandalam Investment and Finance Company Limited | Disposed |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by State of Maharashtra | Disposed |
Full case history
All 5 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.
Associated Brands with Mahaseth Couriers Private Limited
Mahaseth Couriers operates one associated brand: Mahaseth Couriers. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Courier and cargo services, including domestic and international shipping, warehousing, and transportation solutions. | mahasethcouriers.com |
Employees and EPFO Compliance at Mahaseth Couriers Private Limited
Mahaseth Couriers Private Limited has a workforce of 0 employees as of Apr 02, 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 Mahaseth Couriers Private Limited
Mahaseth Couriers Private Limited has 6 board changes on record since 2015: 2 appointments and 4 cessations. The latest: Ajit Kumar Sha was appointed as Director on 26 Dec 2023.
2 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Mahaseth Couriers 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 Mahaseth Couriers 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 Mahaseth Couriers 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 Mahaseth Couriers Private Limited
Mahaseth Couriers has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAJCM6510F2ZJ | Maharashtra | Active | 06 Sep 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 Mahaseth Couriers 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 Mahaseth Couriers Private Limited
Mahaseth Couriers is an active private limited company based in Navi Mumbai, Maharashtra, India. The company works in express logistics, within the transport and logistics industry. It was incorporated on 19 March 2015 (11+ years old) and is registered under CIN U64100MH2015PTC262843.
Mahaseth Couriers reported revenue of ₹2.7 Cr for FY 2025 (up 13% YoY).
Mahaseth Couriers has 2 current directors:
- Ajit Kumar Sha - Director
- Prahlad Mahaseth - Director
Mahaseth Couriers reported a net profit of ₹3.98 Lakh (net margin 1.5%) and EBITDA of ₹21.27 Lakh (EBITDA margin 7.9%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Mahaseth Couriers is -2% over three years and -3% over five years. In the latest year (FY 2025) revenue rose 13%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Mahaseth Couriers is 27AAJCM6510F2ZJ, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Mahaseth Couriers is U64100MH2015PTC262843. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mahaseth Couriers has 5 court cases on record: 5 filed against it.
Mahaseth Couriers was incorporated on 19 March 2015, making it 11+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Mahaseth Couriers by revenue are Sure Deliveries Private Limited, Dogra Cargo Express Private Limited, Perfect Packers & Couriers (Mumbai) Private Limited, Pravri Corporate Management Services Private Limited, Progressive Courier Servicees Private Limited and 5 more, all in the Transport and Logistics industry (Express Logistics).
Ajit Kumar Sha was appointed as Director on 26 Dec 2023. Mukesh Kumar ceased to be Additional Director on 30 Sep 2022. Shambhu Prasad Sahu ceased to be Director on 02 Mar 2022. Mahaseth Couriers has 6 board changes on record in total.