MFL India Limited

BSE: 526622
MFL India Limited - transport and logistics in Delhi, India. FY 2026 financials & compliance.
CIN L63040DL1981PLC012730 Incorporated 28 November 1981 ROC Delhi HQ Delhi, India
Active Listed - BSE: 526622 Public Limited Company transport and logistics MSME · Small
Data last updated
Market Cap
₹14.77 Cr
MFLINDIA · BSE
Share Price
₹0.38
-7.32% today
Revenue
₹66.03 Cr
FY 2025-26 · +26.4% YoY
EBITDA
₹0.19 Cr
Margin 0.3%
Net Profit
₹1.57 Cr
FY 2025-26 · +221.7% YoY
P/E (TTM)
3.1x
P/B -
Authorised capital
₹37 Cr
Registered with MCA
Paid-up capital
₹36.03 Cr
Issued & subscribed

About MFL India Limited

Data last updated:

MFL India Limited is a public limited company based in Delhi, India. It operates in the integrated logistics and supply chain solutions segment of the transport and logistics sector. It was incorporated on 28 November 1981 and has been in existence for over 45 years.

The company is registered with the Registrar of Companies (ROC), Delhi, under CIN L63040DL1981PLC012730. Its GSTIN is 07AAACM7030K2ZI (Delhi). The company holds 4 GST registrations, of which 1 is active. It is a listed company as per MCA records. Its shares are listed on BSE: 526622.

The company has an authorised share capital of ₹37 Cr and a paid-up capital of ₹36.03 Cr. It was formerly known as My Fair Lady Limited. It is led by directors including Anil Thukral (Managing Director) and Jafar Ahamed.

Its last annual general meeting (AGM) was held on 02 August 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at P – 56 P Block Pandav Nagar, Mayur Vihar Phase – 1, Delhi, India – 110091.

As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹66.03 Cr, a growth of 26.3% compared to the previous year. For the same year it recorded a net profit of ₹1.57 Cr (net margin 2.4%) and EBITDA of ₹19 Lakh (EBITDA margin 0.3%).

The company is associated with 1 brand: MFL India. As per MCA filings, the company has satisfied charges of ₹59.31 Cr on record. Court records list 40 cases involving the company, including 40 filed against it; 9 cases are pending. The company has 91 deals on record (89 market trades, 2 funding rounds), with disclosed funding of ₹9.6 Cr; the latest was in January 2024.

MFL India Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-02-0007558). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mflindia.in.

Company details

CIN L63040DL1981PLC012730
Registration Number 012730
Incorporation Date 28 November 1981
ROC Delhi
Listing Status Listed - Listed on BSE (526622)
Company Status Active
Date of Last AGM 02 August 2025
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-DL-02-0007558

CIN history

MFL India has one previous CIN (Corporate Identification Number): L24246DL1981PLC012730. The current CIN is L63040DL1981PLC012730, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
L63040DL1981PLC012730Current
L24246DL1981PLC012730Previous
Key People
Anil Thukral Managing Director Jafar Ahamed Director Meenakshi Aggarwal Director

Recognitions & Rankings of MFL India

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-DL-02-0007558

Contact details

MFL India Limited's registered office is in Delhi, Delhi. Its website is mflindia.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    mflindia.in
  • Registered Address
    P – 56 P Block Pandav Nagar, Mayur Vihar Phase – 1, Delhi, India – 110091
  • Industry
    Transport and Logistics, Integrated & Diversified Logistics Services

To see the full contact details of MFL India Limited, buy the company report.

Comprehensive company report
MFL India 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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Brands

MFL India operates one associated brand: MFL India. Each brand links to its own profile.

BrandDescriptionWebsite
MFL India
Freight forwarding, warehousing, and logistics services are provided in India.mflindia.in

Business activity

The main business activity of MFL India is transport and storage. In detail, this covers land transport via road.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
HTransport and storageH1Land Transport via Road

To see the full business activity and turnover split of MFL India Limited, buy the company report.

Financials of MFL India Limited

FY 2025-26 filings available

MFL India Limited reported revenue of ₹66.03 Cr (up 26.3% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Standalone
Revenue
₹66.03 Cr
+26.3% YoY
EBITDA
₹0.19 Cr
-85.6% YoY
Profit After Tax
₹1.57 Cr
+221.7% YoY
Net Worth
-
Total Assets
-
Total Debt
-

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue66.0352.2653.6113.752.5116.491.19
Revenue growth+26.4%-2.5%+289.9%+447.8%-84.8%+1285.7%-
EBITDA0.191.32(1.55)0.08(0.27)3.00(0.53)
EBITDA margin+0.3%+2.5%-2.9%+0.6%-10.8%+18.2%-44.5%
Profit before tax(1.88)0.17(2.44)0.001.773.0532.45
Net profit1.57(1.29)(2.57)0.001.583.1132.70
Net profit margin+2.4%-2.5%-4.8%0.0%+63.0%+18.9%+2747.9%
EPS (₹)0.04(0.02)(0.07)0.000.050.090.90
Balance sheet
Total assets-14.8112.9315.510.507.024.53
Net worth-(2.78)(1.95)0.510.50(1.28)(4.38)
Total debt-17.5914.8815.000.008.308.91
Cash & bank-0.061.050.350.030.270.12
Net working capital-0.701.297.250.435.062.52
Cash flow
Cash from operations-1.225.30(6.38)5.980.680.00
Cash from investing-(4.92)(4.48)(8.29)2.070.890.00
Cash from financing-2.71(0.12)15.00(8.30)(1.42)0.00
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue13.2018.2317.8315.9714.0052.2612.7912.65
Revenue growth (YoY)-5.7%-65.1%+39.4%+26.3%+21.7%---
Other income0.000.080.000.000.000.490.060.40
Total expenses12.6217.7317.1614.8616.0850.9412.3413.06
EBITDA0.580.500.671.11(2.08)1.320.45(0.41)
EBITDA margin+4.4%+2.7%+3.8%+7.0%-14.9%+2.5%+3.5%-3.2%
Depreciation0.620.580.550.520.501.640.430.42
Interest0.000.000.000.000.000.000.000.00
Profit before tax(0.04)0.000.120.59(2.58)0.170.08(0.43)
Tax(0.24)0.40(0.65)(3.20)0.001.000.000.00

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 23 Oct 2026
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue13.2018.2317.8315.9714.0052.2612.7912.65
Revenue growth (YoY)-5.7%-65.1%+39.4%+26.3%+21.7%---
Other income0.000.080.000.000.000.490.060.40
Total expenses12.6217.7317.1614.8616.0850.9412.3413.06
EBITDA0.580.500.671.11(2.08)1.320.45(0.41)
EBITDA margin+4.4%+2.7%+3.8%+7.0%-14.9%+2.5%+3.5%-3.2%
Depreciation0.620.580.550.520.501.640.430.42
Interest0.000.000.000.000.000.000.000.00
Profit before tax(0.04)0.000.120.59(2.58)0.170.08(0.43)
Tax(0.24)0.40(0.65)(3.20)0.001.000.000.00
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue66.0352.2653.6113.752.5116.491.19
Revenue growth+26.4%-2.5%+289.9%+447.8%-84.8%+1285.7%-
Other income0.080.490.270.052.040.0533.39
Total expenses65.8450.9455.1613.672.7813.491.72
Employee cost0.000.680.640.230.130.100.03
EBITDA0.191.32(1.55)0.08(0.27)3.00(0.53)
EBITDA margin+0.3%+2.5%-2.9%+0.6%-10.8%+18.2%-44.5%
Depreciation2.151.641.160.130.000.000.41
Interest0.000.000.000.000.000.000.00
Profit before tax(1.88)0.17(2.44)0.001.773.0532.45
Tax(3.45)1.000.000.000.00(0.06)0.00
Net profit1.57(1.29)(2.57)0.001.583.1132.70
Net profit margin+2.4%-2.5%-4.8%0.0%+63.0%+18.9%+2747.9%
EPS (₹)0.04(0.02)(0.07)0.000.050.090.90
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital-36.0336.0336.0336.0336.0336.03
Reserves & surplus-(38.81)(37.98)(35.52)(35.53)(37.31)(40.41)
Shareholders' funds (net worth)-(2.78)(1.95)0.510.50(1.28)(4.38)
Secured loans-0.000.000.000.000.000.00
Unsecured loans-17.5914.8815.000.008.308.91
Total debt-17.5914.8815.000.008.308.91
Total liabilities-14.8112.9315.510.507.024.53
Assets
Gross block-14.2711.378.070.001.861.86
Net block-14.2711.378.070.001.861.86
Capital work in progress-0.000.000.000.000.000.00
Investments-0.000.000.000.000.000.00
Inventories-0.000.000.390.000.581.46
Sundry debtors-3.171.243.050.004.280.48
Cash & bank balances-0.061.050.350.030.270.12
Loans & advances-3.323.236.250.450.671.04
Total current assets-6.555.5210.040.485.803.10
Total current liabilities-5.854.232.790.050.740.58
Net working capital-0.701.297.250.435.062.52
Total assets-14.8112.9315.510.507.024.53
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash-1.050.350.030.270.120.00
Net cash from operating activities-1.225.30(6.38)5.980.680.00
Net cash from investing activities-(4.92)(4.48)(8.29)2.070.890.00
Net cash from financing activities-2.71(0.12)15.00(8.30)(1.42)0.00
Net change in cash-(1.00)0.700.33(0.24)0.150.00
Closing cash-0.061.050.350.030.270.12
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+26.4%-2.5%+289.9%+447.8%-84.8%+1285.7%-
EBITDA growth-85.6%+185.2%-2037.5%+129.6%-109.0%+666.0%-
PBT growth-+9998.0%+9997.0%+9997.0%-42.0%-90.6%+9998.0%
Net income growth+221.7%+49.8%--100.0%-49.2%-90.5%-
Revenue CAGR (3Y)+68.7%+175.1%+48.1%+126.1%--34.7%-79.9%
EBITDA CAGR (3Y)+33.4%----76.9%--
Profitability & leverage
Net income margin+2.4%-1.6%-4.6%0.0%+70.5%+18.9%+2726.9%
Return on capital employed-0.0%0.0%0.0%+42.3%+52.6%+1151.1%
Return on net worth-0.0%0.0%0.0%-407.7%-109.5%-157.5%
Debt / equity-0.000.0014.850.000.000.00
Long-term debt / equity-0.000.0014.850.000.000.00
Interest cover0.000.000.000.000.000.000.00
Efficiency & per share
Fixed asset turnover-4.085.523.412.708.870.32
Inventory turnover-0.00274.9270.518.6616.171.63
Debtors turnover-23.7024.999.021.176.934.96
EPS (₹)0.04(0.02)(0.07)0.000.050.090.90
Dividend per share (₹)0.000.000.000.000.000.000.00
Book value per share (₹)0.00(0.08)(0.05)0.010.01(0.04)(0.12)

To see the full year-wise statements and ratios of MFL India Limited, buy the company report.

Board of directors of MFL India Limited

MFL India has 4 current directors and 30 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Anil Thukral
Also directs: Shri Krishan Aggregates Private Limited, Oceanshore Associates Private Limited
Managing Director05 Apr 201214 Years 6 MonthsCurrent
Jafar AhamedDirector28 Sep 20242 Years 0 MonthsCurrent
Meenakshi AggarwalDirector28 Sep 20242 Years 0 MonthsCurrent
Atul Kumar
Also directs: SGS Infratech Limited, Sahib Finlease Limited, J K Cables Limited
Director28 Sep 20242 Years 0 MonthsCurrent
View all directors

Auditor

MFL India Limited is audited by V K Sehgal & Associates for the financial year 2023.

Auditor firmFinancial yearFirm registration number
V K Sehgal & AssociatesFY 2023011519N

Shareholding

Shareholding for the quarter ended Mar 2026: promoters hold 0.40%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 99.60%.

Promoters: 0.40%Retail & Others: 99.60%
Mar 2026
QUARTER
0.40% Promoters
99.60% Retail & Others
Promoter holding - history
Now 0.40% · Mar 2026High 0.40% · Jun 2025Low 0.40% · Jun 2025
0%0.5%1%1.5%2%Jun 2025Sep 2025Dec 2025Mar 2026Jun 2025: 0.40%Sep 2025: 0.40%Dec 2025: 0.40%Mar 2026: 0.40%0.40%0.40%
Shareholding trend - last 6 quarters
Mar 2026Dec 2025Sep 2025Jun 2025
Promoters0.40%0.40%0.40%0.40%
Public99.60%99.60%99.60%99.60%

Charges & borrowings

Open charges
None
Satisfied charges
₹59.31 Cr
Breakdown by lending institutions
State Bank of India₹39.08 Cr
Others₹13.71 Cr
Kotak Mahindra Bank Limited₹3.60 Cr
Pnb Housing Finance Limited₹1.55 Cr
Dena Bank'₹0.70 Cr
Others₹0.68 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
31 Aug 2017100163830Others₹3.68 CrSatisfied
31 Aug 2016100085546Others₹4.13 CrSatisfied
21 Mar 2016100031737Others₹3.54 CrSatisfied
29 Feb 2016100031763Others₹2.36 CrSatisfied
31 Jan 201410475503Pnb Housing Finance Limited₹1.55 CrSatisfied

To see the full charge records of MFL India Limited, buy the company report.

Total charge records: 10 View all charges

Deals & funding

MFL India Limited has 91 deals on record (89 market trades, 2 funding rounds), with disclosed funding of ₹9.6 Cr; the latest was in January 2024.

Total deals
91
Market trades
89
Funding rounds
2
Disclosed funding
₹9.6 Cr

Deals on record (5 of 91)

WhenDealAmountParties
Mar 2022Market trade₹37.5 LakhBuyer: Topgain Finance Private Limited
Seller: Topgain Finance Private Limited
Mar 2022Market trade₹79.5 LakhBuyer: Topgain Finance Private Limited
Seller: Alpha Leon Enterprises LLP , Topgain Finance Private Limited
Mar 2022Market trade₹1.17 CrBuyer: Alpha Leon Enterprises LLP
Mar 2022Market trade₹81.1 LakhBuyer: Topgain Finance Private Limited
Seller: Topgain Finance Private Limited , Alpha Leon Enterprises LLP
Mar 2022Market trade₹2.81 CrBuyer: Alpha Leon Enterprises LLP , Topgain Finance Private Limited
Seller: Alpha Leon Enterprises LLP , Topgain Finance Private Limited

To see the full deal history of MFL India Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Credit ratings & regulatory alerts

MFL India Limited was last rated by Crisil on 30 Nov 2020.

Rating agencyRated onRating
Crisil30 Nov 2020

To see the full credit ratings and regulatory alerts of MFL India Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for MFL India Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

MFL India has 4 GST registrations: 1 active and 3 cancelled or inactive.

Total GSTINs
4
Active
1
Cancelled / inactive
3
GSTINStateStatusRegistered on
07AAACM7030K2ZIDelhiActive15 Feb 2020

To see the full GST registrations and return filing status of MFL India Limited, buy the company report.

Recent activity

MFL India Limited has 49 board changes on record since 1981: 27 appointments and 22 cessations. The latest: Atul Kumar was appointed as Director on 28 Sep 2024.

Filing
Mfl India Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Delhi I.
AGM
Mfl India Limited last Annual general meeting of members was held on 02 Aug 2025 as per latest MCA records.
Appointed
Atul Kumar was appointed as Director.
Appointed
Jafar Ahamed was appointed as Director.
Appointed
Meenakshi Aggarwal was appointed as Director.
Ceased
Sapna Jain ceased to be Director.
Ceased
Syed Zameer Ulla ceased to be Director.
Ceased
Vikas Paliwal ceased to be Director.
Appointed
Sapna Jain was appointed as Director.
Ceased
Diksha Maheshwari ceased to be Additional Director.
Charges
A charge registered on 31 Aug 2016 via Charge ID 100085546 with Others was fully satisfied on 08 Jun 2023.
Charges
A charge registered on 21 Mar 2016 via Charge ID 100031737 with Others was fully satisfied on 01 Jun 2023.

61 earlier events are in the company report.

News

Frequently asked questions

MFL India is an active public limited company based in Delhi, India. The company works in integrated and diversified logistics services, within the transport and logistics industry. It was incorporated on 28 November 1981 (45+ years old) and is registered under CIN L63040DL1981PLC012730. Listed on BSE: 526622.

MFL India reported revenue of ₹66.03 Cr for FY 2025-26 (up 26.3% YoY) based on standalone financials.

MFL India has 4 current directors:

The latest financial statements of MFL India on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 02 August 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of MFL India is 07AAACM7030K2ZI, registered in Delhi. The company has 4 GST registrations in all, of which 1 is active and 3 are cancelled or inactive.

The CIN (Corporate Identification Number) of MFL India is L63040DL1981PLC012730. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. MFL India is a listed company as per MCA records. Its shares are listed on BSE (code: 526622).

MFL India has 40 court cases on record: 40 filed against it. 9 are pending. Most are in the district courts.

MFL India was incorporated on 28 November 1981, making it 45+ years old. It is registered with the Registrar of Companies, Delhi.

MFL India has 91 deals on record (89 market trades, 2 funding rounds), with disclosed funding of ₹9.6 Cr; the latest was in January 2024.