Mars Highways Private Limited
About Mars Highways Private Limited
Data last updated:
Mars Highways Private Limited is a private limited company based in Navi Mumbai, Maharashtra, India. It operates in the carriers services segment of the transport and logistics sector. It was incorporated on 10 December 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U60210MH2018PTC318043. Its GSTIN is 27AAMCM2827Q1ZQ (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Vijaykumar Eshwardin Pandey and Sheshmani Ishwardeen Pandey.
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 Plot No Pap D – 15 Ttd MIDC Shirvane Nerul, Navi Mumbai, Maharashtra, India – 400705.
As per the financials filed for FY 2025, the company reported a revenue of ₹29.52 Cr, a growth of 76% compared to the previous year. For the same year it recorded a net loss of ₹9 Lakh (net margin -0.3%) and EBITDA of ₹4.66 Cr (EBITDA margin 15.8%). Revenue has grown at a compounded annual rate (CAGR) of 36% over three years and 19% over five years.
As per MCA filings, the company has open charges of ₹16.57 Cr on record.
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- Registered AddressPlot No Pap D – 15 Ttd MIDC Shirvane Nerul, Navi Mumbai, Maharashtra, India – 400705
- IndustryTransport and Logistics, Carriers Services
- 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 Mars Highways Private Limited
The main business activity of Mars Highways is transport and storage. In detail, this covers land transport via road.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| H | Transport and storage | H1 | Land Transport via Road | 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.
Auditor Details of Mars Highways Private Limited
Mars Highways Private Limited is audited by R B SINGH & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| R B SINGH & 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 Mars Highways Private Limited
Mars Highways has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vijaykumar Eshwardin Pandey Also directs: Mars Motocare Private Limited, Mars Logistics Express Private Limited, Topflight Express Private Limited and 1 more | Director | 10 Dec 2018 | 7 Years 9 Months | Current |
| Sheshmani Ishwardeen Pandey | Director | 10 Dec 2018 | 7 Years 9 Months | Current |
Financials of Mars Highways Private Limited FY 2024 filings available
Mars Highways Private Limited reported revenue of ₹29.52 Cr (up 76% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Mars Highways Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 19% over five years, including 76% growth in the latest year. EBITDA rose 134% 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 Mars Highways 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 | ₹4.66 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹9 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 Mars Highways Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 15.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -0.3% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Mars Highways are in the company report.
Financial statements from FY 2019
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.
Ownership and Shareholding of Mars Highways 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 Mars Highways Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Oct 2024 | Others | ₹1.05 Cr | Open |
| 17 Aug 2024 | Others | ₹1.1 Cr | Open |
| 13 Feb 2024 | Others | ₹78.78 Lakh | Open |
| 13 Feb 2024 | Others | ₹80.84 Lakh | Open |
| 30 Jan 2024 | Hdb Financial Services Limited | ₹2.13 Cr | Open |
Total charge records: 17 View all charges
Employees and EPFO Compliance at Mars Highways Private Limited
Employment history and EPFO contributions of people linked to Mars Highways.
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.
GST Compliance of Mars Highways Private Limited
Mars Highways has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAMCM2827Q1ZQ | Maharashtra | Active | 07 Jan 2019 |
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.
Credit Ratings, Litigation & Regulatory Alerts for Mars Highways 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 Mars Highways 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 Mars Highways 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.
MCA Filings & Documents of Mars Highways 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.
Recent Activity on Mars Highways Private Limited
Frequently Asked Questions about Mars Highways Private Limited
Mars Highways is an active private limited company based in Navi Mumbai, Maharashtra, India. The company works in carriers services, within the transport and logistics industry. It was incorporated on 10 December 2018 (8+ years old) and is registered under CIN U60210MH2018PTC318043.
Mars Highways reported revenue of ₹29.52 Cr for FY 2025 (up 76% YoY).
Mars Highways has 2 current directors:
- Vijaykumar Eshwardin Pandey - Director
- Sheshmani Ishwardeen Pandey - Director
Mars Highways reported a net loss of ₹9 Lakh (net margin -0.3%) and EBITDA of ₹4.66 Cr (EBITDA margin 15.8%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Mars Highways is 36% over three years and 19% over five years. In the latest year (FY 2025) revenue rose 76%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Mars Highways is 27AAMCM2827Q1ZQ, registered in Maharashtra.
The CIN (Corporate Identification Number) of Mars Highways is U60210MH2018PTC318043. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mars Highways was incorporated on 10 December 2018, making it 8+ years old. It is registered with the Registrar of Companies, Mumbai.
The registered office of Mars Highways is at Plot No Pap D – 15 Ttd MIDC Shirvane Nerul, Navi Mumbai, Maharashtra, India – 400705.