About MGH Logistics Private Limited
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MGH Logistics Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Gallileo (Nepal) Pte Ltd.. It operates in the integrated logistics and supply chain solutions segment of the transport and logistics sector. It was incorporated on 22 April 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U63090MH2002PTC135607. Its GSTIN is 27AAECM2361B1ZW (Maharashtra). The company holds 9 GST registrations, all of them active.
The company has an authorised share capital of ₹65 Lakh and a paid-up capital of ₹64.72 Lakh. It is led by directors including Himanshu Pant and Fazley Nehal Houda.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹134.34 Cr, a growth of 10% compared to the previous year. For the same year it recorded a net profit of ₹2.17 Cr (net margin 1.6%) and EBITDA of ₹3.83 Cr (EBITDA margin 2.8%). Revenue has declined at a compounded annual rate (CAGR) of 3% over five years.
The company has about 45 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹15.68 Lakh and satisfied charges of ₹9.23 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mghgroup.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressE Wing 11th Floor Unit 1107 Times Square Andheri Kurla Road, Marol Opp. Mittal Industrial Estate Andheri East, Mumbai, Maharashtra, India – 400059
- IndustryTransport and Logistics, Integrated & Diversified Logistics 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 MGH Logistics Private Limited
The main business activity of MGH Logistics is transport and storage. In detail, this covers services incidental to land, water & air transportation.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| H | Transport and storage | H5 | Services incidental to land, water & air transportation | 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 MGH Logistics Private Limited
MGH Logistics Private Limited is audited by A K KOCCHAR & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| A K KOCCHAR & 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 MGH Logistics Private Limited
MGH Logistics has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Himanshu Pant Also directs: MGH Healthcare Private Limited, Budget Cargo India Private Limited, Arabia Cargo Private Limited and 5 more | Director | 03 Apr 2012 | 14 Years 6 Months | Current |
| Fazley Nehal Houda Also directs: Budget Cargo India Private Limited, Arabia Cargo Private Limited, Total Cargo Management Private Limited and 4 more | Director | 01 Apr 2010 | 16 Years 6 Months | Current |
| Ritam Adhikary Also directs: MGH Healthcare Private Limited, Budget Cargo India Private Limited, Arabia Cargo Private Limited and 5 more | Director | 08 Aug 2022 | 4 Years 1 Months | Current |
Financials of MGH Logistics Private Limited FY 2024 filings available
MGH Logistics Private Limited reported revenue of ₹134.34 Cr (up 10% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of MGH Logistics Private Limited
Revenue rose 10% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 3%. EBITDA fell 33% 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 MGH Logistics Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹3.83 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2.17 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of MGH Logistics Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.6% | •••• | •••• | •••• | •••• |
| 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 MGH Logistics 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.
Ownership and Shareholding of MGH Logistics 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.
Group Structure of MGH Logistics Private Limited
MGH Logistics has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Transmarine Logistics Private Limited | U63090MH2005PTC156683 | Locked |
Showing major subsidiaries. Total: 1.
Charges & Borrowings of MGH Logistics Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Dec 2023 | Hdfc Bank Limited | ₹15.68 Lakh | Open |
| 27 Oct 2010 | Standard Chartered Bank | ₹6.35 Cr | Satisfied |
| 09 Feb 2010 | Standard Chartered Bank | ₹37.5 Lakh | Satisfied |
| 09 Feb 2010 | Standard Chartered Bank | ₹2.5 Cr | Satisfied |
Total charge records: 4 View all charges
Employees and EPFO Compliance at MGH Logistics Private Limited
MGH Logistics Private Limited has a workforce of 45 employees as of Mar 28, 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.
GST Compliance of MGH Logistics Private Limited
MGH Logistics has 9 GST registrations: 9 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECM2361B1ZW | Maharashtra | Active | 01 Jul 2017 |
| 06AAECM2361B1Z0 | Haryana | Active | 11 Jul 2017 |
| 36AAECM2361B1ZX | Telangana | Active | 01 Sep 2017 |
| 29AAECM2361B1ZS | Karnataka | Active | 07 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.
Credit Ratings, Litigation & Regulatory Alerts for MGH Logistics 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 MGH Logistics 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 MGH Logistics 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 MGH Logistics 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 MGH Logistics Private Limited
Recent News on MGH Logistics Private Limited
Frequently Asked Questions about MGH Logistics Private Limited
MGH Logistics 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 22 April 2002 (24+ years old) and is registered under CIN U63090MH2002PTC135607.
MGH Logistics reported revenue of ₹134.34 Cr for FY 2024 (up 10% YoY).
MGH Logistics has 3 current directors:
- Himanshu Pant - Director
- Fazley Nehal Houda - Director
- Ritam Adhikary - Director
MGH Logistics reported a net profit of ₹2.17 Cr (net margin 1.6%) and EBITDA of ₹3.83 Cr (EBITDA margin 2.8%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of MGH Logistics is -3% over five years. In the latest year (FY 2024) revenue rose 10%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of MGH Logistics is 27AAECM2361B1ZW, registered in Maharashtra. The company has 9 GST registrations in all, of which 9 are active. Other active GSTINs include 06AAECM2361B1Z0 (Haryana), 36AAECM2361B1ZX (Telangana), 29AAECM2361B1ZS (Karnataka).
The CIN (Corporate Identification Number) of MGH Logistics is U63090MH2002PTC135607. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
MGH Logistics was incorporated on 22 April 2002, making it 24+ years old. It is registered with the Registrar of Companies, Mumbai.
MGH Logistics can be reached through the website mghgroup.com. Its registered office is in Mumbai, Maharashtra, India.