MGH Logistics Private Limited

MGH Logistics Private Limited - transport and logistics in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U63090MH2002PTC135607 Incorporated 22 April 2002 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company transport and logistics MSME · Medium
Data last updated
Revenue · FY 2024
₹134.34 Cr
▲ 10% YoY
Net profit · FY 2024
₹2.17 Cr
Net margin 1.6%
EBITDA · FY 2024
₹3.83 Cr
EBITDA margin 2.8%
Authorised capital
₹65 Lakh
Registered with MCA
Paid-up capital
₹64.72 Lakh
Issued & subscribed
Open charges
₹15.68 Lakh
Satisfied ₹9.23 Cr
Company age
24 yrs
Est. 2002
Employees · EPFO
45
Provident fund records

About MGH Logistics Private Limited

Data last updated:

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. Court records list 47 cases involving the company, including 29 filed by the company and 18 filed against it; 6 cases are pending. The company has 4 deals on record (3 secondary share transfers, 1 convertible or debt financing), with disclosed funding of ₹5.89 Cr; the latest was in March 2024. Its 5 peer companies in the Shipping industry (Shipping Services), with the same principal business activity (services incidental to land, water & air transportation) are compared by revenue, 2 larger and 3 smaller; the largest is MBK Logistix Private Limited with revenue of ₹142.69 Cr.

MGH Logistics Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0182480). 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.

Company details

CIN U63090MH2002PTC135607
Registration Number 135607
Incorporation Date 22 April 2002
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Parent Company Gallileo (Nepal) Pte Ltd.
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-19-0182480
Key People
Himanshu Pant Director Fazley Nehal Houda Director Ritam Adhikary Director

Recognitions & Rankings of MGH Logistics

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-MH-19-0182480

Contact details

MGH Logistics Private Limited's registered office is in Mumbai, Maharashtra. Its website is mghgroup.com. Its e-mail address is in the company report.

  • Email
  • Website
    mghgroup.com
  • Social Media
  • Registered Address
    E Wing 11th Floor Unit 1107 Times Square Andheri Kurla Road, Marol Opp. Mittal Industrial Estate Andheri East, Mumbai, Maharashtra, India – 400059
  • Industry
    Transport and Logistics, Integrated & Diversified Logistics Services

To see the full contact details of MGH Logistics Private Limited, buy the company report.

Comprehensive company report
MGH 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
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Business activity

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 codeMain activityBusiness activity codeBusiness activityShare of turnover
HTransport and storageH5Services incidental to land, water & air transportation

To see the full business activity and turnover split of MGH Logistics Private Limited, buy the company report.

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.

Revenue · FY 2024
₹134.34 Cr ▲ 10%
Net profit · FY 2024
₹2.17 Cr margin 1.6%
EBITDA · FY 2024
₹3.83 Cr margin 2.8%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 10%
5 years · compounded
▼ 3%
EBITDA CAGR growth
1 year
▼ 33%
3 years · compounded
▲ 2%
5 years · compounded
▲ 16%

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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin2.8%
Net Profit Margin1.6%
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

To see the full financial statements and ratios of MGH Logistics Private Limited, buy the company report.

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.

Current Directors
NameDesignationAppointment DateTenureStatus
Himanshu Pant
Also directs: MGH Healthcare Private Limited, Budget Cargo India Private Limited, Arabia Cargo Private Limited and 5 more
Director03 Apr 201214 Years 6 MonthsCurrent
Fazley Nehal Houda
Also directs: Budget Cargo India Private Limited, Arabia Cargo Private Limited, Total Cargo Management Private Limited and 4 more
Director01 Apr 201016 Years 6 MonthsCurrent
Ritam Adhikary
Also directs: MGH Healthcare Private Limited, Budget Cargo India Private Limited, Arabia Cargo Private Limited and 5 more
Director08 Aug 20224 Years 2 MonthsCurrent
View all directors

Peer comparison

MGH Logistics Private Limited is compared with the 5 companies closest to it by revenue in the Shipping industry (Shipping Services), with the same principal business activity (services incidental to land, water & air transportation), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
MBK Logistix Private Limited₹142.69 Cr (FY 2025)-24.0%Ernakulam, Kerala, India
Meridian Global Shipping and Logistics Private Limited₹139.15 Cr (FY 2024)-27.0%Mumbai, Maharashtra, India
MGH Logistics Private Limitedthis company₹134.34 Cr (FY 2024)₹2.17 Cr1.6%10.0%45Mumbai, Maharashtra, India
Mol Logistics (India) Private Limited₹133.67 Cr (FY 2025)10.0%Mumbai, Maharashtra, India
Auxin Shipping Private Limited₹129.92 Cr (FY 2025)242.0%Navi Mumbai, Maharashtra, India
Mohan Mutha Translogistics Private Limited₹120.88 Cr (FY 2024)-17.0%Chennai, Tamil Nadu, India

To see the full peer comparison of MGH Logistics Private Limited, buy the company report.

Auditor

MGH Logistics Private Limited is audited by A K KOCCHAR & ASSOCIATES for the financial year 2023.

Auditor firmFinancial yearFirm registration number
A K KOCCHAR & ASSOCIATESFY 2023120410W

Shareholding

The shareholding of MGH Logistics Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Public
Others

To see the full shareholding pattern of MGH Logistics Private Limited, buy the company report.

Charges & borrowings

Open charges
₹15.68 Lakh
Satisfied charges
₹9.23 Cr
Breakdown by lending institutions
Hdfc Bank Limited₹0.16 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
28 Dec 2023100865833Hdfc Bank Limited₹15.68 LakhOpen
27 Oct 201010257173Standard Chartered Bank₹6.35 CrSatisfied
09 Feb 201010199562Standard Chartered Bank₹37.5 LakhSatisfied
09 Feb 201010199640Standard Chartered Bank₹2.5 CrSatisfied

To see the full charge records of MGH Logistics Private Limited, buy the company report.

Total charge records: 4 View all charges

Deals & funding

MGH Logistics Private Limited has 4 deals on record (3 secondary share transfers, 1 convertible or debt financing), with disclosed funding of ₹5.89 Cr; the latest was in March 2024.

Total deals
4
Secondary share transfers
3
Convertible or debt financing
1
Disclosed funding
₹5.89 Cr

Deals on record (3 of 4)

WhenDealAmountParties
Mar 2024Secondary share transferUndisclosedBuyer: MGH Logistics Asia Pte. Ltd.
Seller: Galileo (Nepal) Pte Ltd, 2 individuals
Mar 2015Secondary share transferUndisclosedBuyer: Galileo (Nepal) Pte Ltd
Seller: Singtec Logistics Asia Pte,Ltd.
Mar 2012Secondary share transferUndisclosedBuyer: Singtec Logistics Asia Pte,Ltd.
Seller: Galileo (Nepal) Pte Ltd

To see the full deal history of MGH Logistics Private Limited, buy the company report.

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

MSME payment delays

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

Group structure & subsidiaries

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.

1
Subsidiary companies
Key subsidiaries
Company NameCINShares held
Transmarine Logistics Private LimitedU63090MH2005PTC156683

To see the full group structure of MGH Logistics Private Limited, buy the company report.

Employees & EPFO

MGH Logistics Private Limited has a workforce of 45 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.

Employee count
45
Active EPFO establishments
1
Employee growth
2.27%

GST

MGH Logistics has 9 GST registrations: 9 active. The first 4 active GSTINs are listed below.

Total GSTINs
9
Active
9
GSTINStateStatusRegistered on
27AAECM2361B1ZWMaharashtraActive01 Jul 2017
06AAECM2361B1Z0HaryanaActive11 Jul 2017
36AAECM2361B1ZXTelanganaActive01 Sep 2017
29AAECM2361B1ZSKarnatakaActive07 Sep 2017

To see the full GST registrations and return filing status of MGH Logistics Private Limited, buy the company report.

Recent activity

MGH Logistics Private Limited has 13 board changes on record since 2002: 8 appointments and 5 cessations. The latest: Ankit Gupta ceased to be Additional Director on 19 Sep 2022.

AGM
Mgh Logistics Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Mgh Logistics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 15.68 Lakh with Charge ID 100865833 was registered on 28 Dec 2023.
Ceased
Ankit Gupta ceased to be Additional Director.
Appointed
Ritam Adhikary was appointed as Director.
Charges
A charge registered on 27 Oct 2010 via Charge ID 10257173 with Standard Chartered Bank was fully satisfied on 27 Jul 2018.
Charges
A charge registered on 09 Feb 2010 via Charge ID 10199562 with Standard Chartered Bank was fully satisfied on 27 Jul 2018.
Charges
A charge registered on 09 Feb 2010 via Charge ID 10199640 with Standard Chartered Bank was fully satisfied on 27 Jul 2018.
Ceased
Anis Ahmed ceased to be Director.
Appointed
Ankit Gupta was appointed as Additional Director.
Ceased
Gopalakrishnan Mahadevan ceased to be Director.
Appointed
Himanshu Pant was appointed as Director.

11 earlier events are in the company report.

News

Frequently asked questions

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 has 3 current directors:

The latest financial statements of MGH Logistics 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 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 has 47 court cases on record: 29 filed by the company and 18 filed against it. 6 are pending. Most are in the district courts.

MGH Logistics was incorporated on 22 April 2002, making it 24+ years old. It is registered with the Registrar of Companies, Mumbai.

MGH Logistics has 4 deals on record (3 secondary share transfers, 1 convertible or debt financing), with disclosed funding of ₹5.89 Cr; the latest was in March 2024.

The peers of MGH Logistics by revenue are MBK Logistix Private Limited, Meridian Global Shipping and Logistics Private Limited, Mol Logistics (India) Private Limited, Auxin Shipping Private Limited, Mohan Mutha Translogistics Private Limited, all in the Shipping industry (Shipping Services), with the same principal business activity (services incidental to land, water & air transportation).

Ankit Gupta ceased to be Additional Director on 19 Sep 2022. Ritam Adhikary was appointed as Director on 08 Aug 2022. Anis Ahmed ceased to be Director on 13 May 2016. MGH Logistics has 13 board changes on record in total.

Yes, MGH Logistics is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-19-0182480).