MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-TN-02-0013063
Mer Cargo Logistics Private Limited - transport and logistics in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹10.3 Cr
▲ 26% YoY
Net loss · FY 2025
₹36.25 Lakh
Net margin -3.5%
EBITDA · FY 2025
-₹21.99 Lakh
EBITDA margin -2.1%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹4 Lakh
Issued & subscribed
Open charges
₹1.96 Cr
Secured borrowings
Company age
17 yrs
Est. 2009
Directors on board
2
As per MCA filings
About Mer Cargo Logistics Private Limited
Data last updated:
Mer Cargo Logistics Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the integrated logistics and supply chain solutions segment of the transport and logistics sector. It was incorporated on 31 August 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U63090TN2009PTC072740. Its GSTIN is 07AAGCM2024F1ZW (Delhi). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹4 Lakh. It is led by directors Rugmini Karunakaran Menon and Devpal Menon.
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 7A /1 F – 1 M N R Apartments Nadar Street, Chennai, Tamil Nadu, India – 600042.
As per the financials filed for FY 2025, the company reported a revenue of ₹10.3 Cr, a growth of 26% compared to the previous year. For the same year it recorded a net loss of ₹36.25 Lakh (net margin -3.5%) and EBITDA of -₹21.99 Lakh (EBITDA margin -2.1%). Revenue has declined at a compounded annual rate (CAGR) of 27% over three years and 1% over five years.
The company is associated with 1 brand: Mercargo. As per MCA filings, the company has open charges of ₹1.96 Cr on record. Court records list 2 cases involving the company, including 2 filed against it; 2 cases are pending.
Mer Cargo Logistics Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0013063). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mercargo.in.
Company details
CIN U63090TN2009PTC072740
Registration Number 072740
Incorporation Date 31 August 2009
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-TN-02-0013063
Recognitions & Rankings of Mer Cargo Logistics
Contact details
Mer Cargo Logistics Private Limited's registered office is in Chennai, Tamil Nadu. Its website is mercargo.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address7A /1 F – 1 M N R Apartments Nadar Street, Chennai, Tamil Nadu, India – 600042
- IndustryTransport and Logistics, Integrated & Diversified Logistics Services
To see the full contact details of Mer Cargo Logistics Private Limited, buy the company report.
Comprehensive company report
Mer Cargo Logistics 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Mer Cargo Logistics operates one associated brand: Mercargo. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides comprehensive multi-modal freight forwarding solutions for efficient global logistics. | mercargo.in |
Business activity
The main business activity of Mer Cargo 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 Mer Cargo Logistics Private Limited, buy the company report.
Financials of Mer Cargo Logistics Private Limited
FY 2025 filings availableMer Cargo Logistics Private Limited reported revenue of ₹10.3 Cr (up 26% YoY) for FY 2025.
Revenue · FY 2025
₹10.3 Cr ▲ 26%
Net loss · FY 2025
₹36.25 Lakh margin -3.5%
EBITDA · FY 2025
-₹21.99 Lakh margin -2.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 26%
3 years · compounded
▼ 27%
5 years · compounded
▼ 1%
EBITDA CAGR growth
1 year
▲ 3%
3 years · compounded
▼ 29%
5 years · compounded
▼ 21%
Revenue rose 26% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 1%. EBITDA rose 3% 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 | -₹21.99 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹36.25 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -2.1% | ||||
| Net Profit Margin | -3.5% | ||||
| 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 | |||||
To see the full financial statements and ratios of Mer Cargo Logistics Private Limited, buy the company report.
Board of directors of Mer Cargo Logistics Private Limited
Mer Cargo Logistics has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rugmini Karunakaran Menon | Director | 03 Jul 2021 | 5 Years 3 Months | Current |
| Devpal Menon Also directs: Association of Multimodal Transport Operators of India | Director | 27 Nov 2009 | 16 Years 11 Months | Current |
Auditor
Mer Cargo Logistics Private Limited is audited by S.SHANKER AND ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.SHANKER AND ASSOCIATES | FY 2023 | 003770S |
Shareholding
The shareholding of Mer Cargo 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 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 Mer Cargo Logistics Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1.96 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Dec 2021 | 100550055 | Hdfc Bank Limited | ₹6 Lakh | Open | |
| 18 Jan 2021 | 100419492 | Axis Bank Limited | ₹1.9 Cr | Open |
To see the full charge records of Mer Cargo Logistics Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Mer Cargo Logistics Private Limited has 2 court cases on record: 2 filed against it. All cases are pending.
Total cases
2
Filed against the company
2
Pending
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 2 | 2 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (NMCD) | Filed against the company | Pending |
| Bombay High Court | Commercial suit | Filed against the company | Pending |
To see the full case history of Mer Cargo 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
Mer Cargo Logistics Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 5 overdue payments to 1 micro and small supplier. 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 (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Mahima Shipping |
To see the full MSME payment records of Mer Cargo Logistics Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Mer Cargo Logistics has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAGCM2024F1ZW | Delhi | Active | 01 Jul 2017 |
| 19AAGCM2024F1ZR | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Mer Cargo Logistics Private Limited, buy the company report.
Recent activity
Mer Cargo Logistics Private Limited has 8 board changes on record since 2009: 2 appointments and 6 cessations. The latest: Rugmini Karunakaran Menon ceased to be Additional Director on 29 Sep 2022.
AGM
Mer Cargo Logistics Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Mer Cargo Logistics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chennai.
Ceased
Rugmini Karunakaran Menon ceased to be Additional Director.
Charges
A charge with Axis Bank Limited of Rs. 190.00 Lakh registered on 18 Jan 2021 with Charge ID 100419492 was modified on 04 Mar 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 6.00 Lakh with Charge ID 100550055 was registered on 30 Dec 2021.
Appointed
Rugmini Karunakaran Menon was appointed as Director.
Charges
A charge with Axis Bank Limited amounted to Rs. 190.00 Lakh with Charge ID 100419492 was registered on 18 Jan 2021.
Ceased
Devpal Menon ceased to be Additional Director.
Ceased
Karumathil Puthenveetil Karunakaran ceased to be Additional Director.
Ceased
Jasmer Prakash ceased to be Additional Director.
Ceased
Jagannathan Ramanujam ceased to be Director.
Ceased
Sumita Menon ceased to be Director.
2 earlier events are in the company report.
Frequently asked questions
Mer Cargo Logistics is an active private limited company based in Chennai, Tamil Nadu, India. The company works in integrated and diversified logistics services, within the transport and logistics industry. It was incorporated on 31 August 2009 (17+ years old) and is registered under CIN U63090TN2009PTC072740.
Mer Cargo Logistics has 2 current directors:
- Rugmini Karunakaran Menon - Director
- Devpal Menon - Director
The latest financial statements of Mer Cargo Logistics on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Mer Cargo Logistics is 07AAGCM2024F1ZW, registered in Delhi. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 19AAGCM2024F1ZR (West Bengal).
The CIN (Corporate Identification Number) of Mer Cargo Logistics is U63090TN2009PTC072740. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mer Cargo Logistics has 2 court cases on record: 2 filed against it. 2 are pending.
Mer Cargo Logistics was incorporated on 31 August 2009, making it 17+ years old. It is registered with the Registrar of Companies, Chennai.
Rugmini Karunakaran Menon ceased to be Additional Director on 29 Sep 2022. Rugmini Karunakaran Menon was appointed as Director on 03 Jul 2021. Devpal Menon ceased to be Additional Director on 03 Sep 2019. Mer Cargo Logistics has 8 board changes on record in total.
Yes, Mer Cargo Logistics is registered as a small enterprise under Udyam registration (number: UDYAM-TN-02-0013063).
Mer Cargo Logistics has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 5 overdue payments to 1 micro and small supplier. The latest return was filed on 29 May 2019.
Mer Cargo Logistics can be reached through the website mercargo.in. Its registered office is in Chennai, Tamil Nadu, India.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
Swiggy Limited Listed company · 92 pages
BharatPe (Resilient Innovations Pvt Ltd) Unlisted company · 78 pages