Manilal Patel Clearing Forwarding Private Limited

Manilal Patel Clearing Forwarding Private Limited - transport and logistics in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U63013MH1991PTC060176 Incorporated 07 February 1991 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company transport and logistics MSME · Small
Data last updated
Revenue · FY 2025
₹59.12 Cr
▲ 88% YoY
Net profit · FY 2025
₹18.64 Lakh
Net margin 0.3%
EBITDA · FY 2025
₹93.35 Lakh
EBITDA margin 1.6%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹90 Lakh
Issued & subscribed
Open charges
₹8.6 Cr
Satisfied ₹80 Lakh
Company age
35 yrs
Est. 1991
Employees · EPFO
25
Provident fund records

About Manilal Patel Clearing Forwarding Private Limited

Data last updated:

Manilal Patel Clearing Forwarding 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 07 February 1991 and has been in existence for over 35 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U63013MH1991PTC060176. Its GSTIN is 27AAACM3908L1ZC (Maharashtra). The company holds 6 GST registrations, of which 3 are active.

The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹90 Lakh. It is led by directors including Sudha Bipin Patel (Managing Director) and Hema Keshav Tanna.

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 38 Cawasji Patel Street Kamer Building 3rd Floor Fort, Mumbai, Maharashtra, India – 400001.

As per the financials filed for FY 2025, the company reported a revenue of ₹59.12 Cr, a growth of 88% compared to the previous year. For the same year it recorded a net profit of ₹18.64 Lakh (net margin 0.3%) and EBITDA of ₹93.35 Lakh (EBITDA margin 1.6%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 18% over five years.

The company has about 25 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹8.6 Cr and satisfied charges of ₹80 Lakh on record. Court records list 30 cases involving the company, including 24 filed by the company and 6 filed against it; 2 cases are pending.

Manilal Patel Clearing Forwarding Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0077438). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website manilal.com.

Company details

CIN U63013MH1991PTC060176
Registration Number 060176
Incorporation Date 07 February 1991
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-19-0077438
Key People
Sudha Bipin Patel Managing Director Hema Keshav Tanna Director Keshav Ramniklal Tanna Director

Recognitions & Rankings of Manilal Patel Clearing Forwarding

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-MH-19-0077438

Contact details

Manilal Patel Clearing Forwarding Private Limited's registered office is in Mumbai, Maharashtra. Its website is manilal.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    manilal.com
  • Registered Address
    38 Cawasji Patel Street Kamer Building 3rd Floor Fort, Mumbai, Maharashtra, India – 400001
  • Industry
    Transport and Logistics, Integrated & Diversified Logistics Services

To see the full contact details of Manilal Patel Clearing Forwarding Private Limited, buy the company report.

Comprehensive company report
Manilal Patel Clearing Forwarding Private Limited - one report that includes everything
  • 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
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Business activity

The main business activity of Manilal Patel Clearing Forwarding is transportation and storage. In detail, this covers warehousing and support activities for transportation.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
HTransportation and storage52Warehousing and support activities for transportation

To see the full business activity and turnover split of Manilal Patel Clearing Forwarding Private Limited, buy the company report.

Financials of Manilal Patel Clearing Forwarding Private Limited

FY 2024 filings available

Manilal Patel Clearing Forwarding Private Limited reported revenue of ₹59.12 Cr (up 88% YoY) for FY 2025.

Revenue · FY 2025
₹59.12 Cr ▲ 88%
Net profit · FY 2025
₹18.64 Lakh margin 0.3%
EBITDA · FY 2025
₹93.35 Lakh margin 1.6%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 88%
3 years · compounded
▲ 7%
5 years · compounded
▲ 18%
EBITDA CAGR growth
1 year
▲ 44%
3 years · compounded
▲ 4%
5 years · compounded
▲ 40%

Revenue has grown at a compounded annual rate (CAGR) of 18% over five years, including 88% growth in the latest year. EBITDA rose 44% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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₹93.35 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹18.64 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin1.6%
Net Profit Margin0.3%
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 Manilal Patel Clearing Forwarding Private Limited, buy the company report.

Board of directors of Manilal Patel Clearing Forwarding Private Limited

Manilal Patel Clearing Forwarding has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Hema Keshav Tanna
Also directs: Manilal Patel Clearing Forwarding (Bangalore) Private Limited, Manilal Patel Clearing Forwarding(Ahmedabad) Private Limited, Rical Logistics Private Limited and 2 more
Director24 Apr 201313 Years 6 MonthsCurrent
Sudha Bipin Patel
Also directs: Manilal Patel Clearing Forwarding (Bangalore) Private Limited, Manilal Patel Clearing Forwarding(Ahmedabad) Private Limited, Rical Logistics Private Limited and 2 more
Managing Director11 Jan 199234 Years 9 MonthsCurrent
Keshav Ramniklal Tanna
Also directs: Galene Shipping Private Limited, Links Cargo Agencies Private Limited, Links Express Cargo P Ltd and 5 more
Director15 Dec 20223 Years 10 MonthsCurrent
View all directors

Auditor

Manilal Patel Clearing Forwarding Private Limited is audited by Shaparia Mehta & Associates LLP for the financial year 2022.

Auditor firmFinancial yearFirm registration number
Shaparia Mehta & Associates LLPFY 20220112350W

Shareholding

The shareholding of Manilal Patel Clearing Forwarding 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Manilal Patel Clearing Forwarding Private Limited, buy the company report.

Charges & borrowings

Open charges
₹8.6 Cr
Satisfied charges
₹80 Lakh
Breakdown by lending institutions
Standard Chartered Bank₹8.49 Cr
Co -Operative Bank of Ahmedabad Limited₹0.11 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
01 Feb 2024100865546Standard Chartered Bank₹50 LakhOpen
23 Nov 201510604987Standard Chartered Bank₹15 LakhOpen
09 May 200580040591Standard Chartered Bank₹4.82 CrOpen
21 Mar 200580040590Standard Chartered Bank₹2 CrOpen
16 Aug 200390154878Standard Chartered Bank₹1.02 CrOpen

To see the full charge records of Manilal Patel Clearing Forwarding Private Limited, buy the company report.

Total charge records: 7 View all charges

Credit ratings & regulatory alerts

Manilal Patel Clearing Forwarding Private Limited was last rated by Crisil on 01 Feb 2020.

Rating agencyRated onRating
Crisil01 Feb 2020

To see the full credit ratings and regulatory alerts of Manilal Patel Clearing Forwarding Private Limited, buy the company report.

MSME payment delays

Manilal Patel Clearing Forwarding Private Limited has 1 MSME Form 1 return on record for the period ending Jan 2019, listing 4 overdue payments to 2 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 (2 of 2)

SupplierAmount dueDue sinceReported on
an individual supplier
D. Arvind & Associates LLP

To see the full MSME payment records of Manilal Patel Clearing Forwarding Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Manilal Patel Clearing Forwarding Private Limited has a workforce of 25 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.

Employee count
25
Active EPFO establishments
1
Employee growth
4.17%

GST

Manilal Patel Clearing Forwarding has 6 GST registrations: 3 active and 3 cancelled or inactive.

Total GSTINs
6
Active
3
Cancelled / inactive
3
GSTINStateStatusRegistered on
27AAACM3908L1ZCMaharashtraActive01 Jul 2017
24AAACM3908L3ZGGujaratActive08 Jul 2017
07AAACM3908L2ZDDelhiActive27 Jul 2017

To see the full GST registrations and return filing status of Manilal Patel Clearing Forwarding Private Limited, buy the company report.

Recent activity

Manilal Patel Clearing Forwarding Private Limited has 15 board changes on record since 1991: 9 appointments and 6 cessations. The latest: Pradeep Johnson ceased to be Director on 31 Jan 2025.

Ceased
Pradeep Johnson ceased to be Director.
AGM
Manilal Patel Clearing Forwarding Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Manilal Patel Clearing Forwarding Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge with Standard Chartered Bank amounted to Rs. 0.50 Cr with Charge ID 100865546 was registered on 01 Feb 2024.
Appointed
Keshav Ramniklal Tanna was appointed as Director.
Appointed
Pradeep Johnson was appointed as Director.
Ceased
Tukaram Madhukar Bandiwdekar ceased to be Director.
Charges
A charge with Standard Chartered Bank amounted to Rs. 0.15 Cr with Charge ID 10604987 was registered on 23 Nov 2015.
Appointed
Hema Keshav Tanna was appointed as Director.
Ceased
Nachiketa Bipin Patel ceased to be Director.
Ceased
Jayesh Manubhai Marfatia ceased to be Director.
Ceased
Devanshi Patel ceased to be Director.

16 earlier events are in the company report.

Frequently asked questions

Manilal Patel Clearing Forwarding 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 07 February 1991 (35+ years old) and is registered under CIN U63013MH1991PTC060176.

Manilal Patel Clearing Forwarding has 3 current directors:

The latest financial statements of Manilal Patel Clearing Forwarding 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 Manilal Patel Clearing Forwarding is 27AAACM3908L1ZC, registered in Maharashtra. The company has 6 GST registrations in all, of which 3 are active and 3 are cancelled or inactive. Other active GSTINs include 24AAACM3908L3ZG (Gujarat), 07AAACM3908L2ZD (Delhi).

The CIN (Corporate Identification Number) of Manilal Patel Clearing Forwarding is U63013MH1991PTC060176. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Manilal Patel Clearing Forwarding has 30 court cases on record: 24 filed by the company and 6 filed against it. 2 are pending. Most are in the district courts.

Manilal Patel Clearing Forwarding was incorporated on 07 February 1991, making it 35+ years old. It is registered with the Registrar of Companies, Mumbai.

Pradeep Johnson ceased to be Director on 31 Jan 2025. Keshav Ramniklal Tanna was appointed as Director on 15 Dec 2022. Pradeep Johnson was appointed as Director on 02 Dec 2016. Manilal Patel Clearing Forwarding has 15 board changes on record in total.

Yes, Manilal Patel Clearing Forwarding is registered as a small enterprise under Udyam registration (number: UDYAM-MH-19-0077438).

Manilal Patel Clearing Forwarding has 1 MSME Form 1 return on record for the period ending Jan 2019, listing 4 overdue payments to 2 micro and small suppliers. The latest return was filed on 24 May 2019.

Manilal Patel Clearing Forwarding can be reached through the website manilal.com. Its registered office is in Mumbai, Maharashtra, India.