Mhaske Logistics Private Limited

Mhaske Logistics Private Limited - transport and logistics in Navi Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U60300MH2018PTC316482 Incorporated 29 October 2018 ROC Mumbai HQ Navi Mumbai, Maharashtra, India
Active Private Limited Company transport and logistics MSME · Micro
Data last updated
Revenue · FY 2022
₹4.15 Cr
▲ 28% YoY
Net loss · FY 2022
₹33.64 Lakh
Net margin -8.1%
EBITDA · FY 2022
₹28.39 Lakh
EBITDA margin 6.8%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹60 Lakh
Secured borrowings
Company age
8 yrs
Est. 2018
Directors on board
2
As per MCA filings

About Mhaske Logistics Private Limited

Data last updated:

Mhaske Logistics Private Limited is a private limited company based in Navi Mumbai, Maharashtra, India. It operates in the integrated logistics and supply chain solutions segment of the transport and logistics sector. It was incorporated on 29 October 2018 and has been in existence for over 8 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U60300MH2018PTC316482. Its GSTIN is 27AAMCM1988N1ZK (Maharashtra).

The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Shivaji Dhondibhau Mhaske and Vandana Shivaji Mhaske.

Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Plot No – 49/50/51 Shop No. 20 Sector – 11 CBD Belapur, Navi Mumbai, Maharashtra, India – 400614.

As per the financials filed for FY 2022, the company reported a revenue of ₹4.15 Cr, a growth of 28% compared to the previous year. For the same year it recorded a net loss of ₹33.64 Lakh (net margin -8.1%) and EBITDA of ₹28.39 Lakh (EBITDA margin 6.8%). Revenue has grown at a compounded annual rate (CAGR) of 91% over three years.

As per MCA filings, the company has open charges of ₹60 Lakh on record. Court records list 2 cases involving the company, including 2 filed by the company; 1 case is pending.

Mhaske Logistics Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0038577).

Company details

CIN U60300MH2018PTC316482
Registration Number 316482
Incorporation Date 29 October 2018
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2022
Date of Balance Sheet 31 March 2022
MSME Classification Micro
Udyam Registration UDYAM-MH-33-0038577

Recognitions & Rankings of Mhaske Logistics

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-MH-33-0038577

Contact details

Mhaske Logistics Private Limited's registered office is in Navi Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Plot No – 49/50/51 Shop No. 20 Sector – 11 CBD Belapur, Navi Mumbai, Maharashtra, India – 400614
  • Industry
    Transport and Logistics, Integrated & Diversified Logistics Services

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

Comprehensive company report
Mhaske 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 Mhaske Logistics 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 Mhaske Logistics Private Limited, buy the company report.

Financials of Mhaske Logistics Private Limited

FY 2022 filings available

Mhaske Logistics Private Limited reported revenue of ₹4.15 Cr (up 28% YoY) for FY 2022.

Revenue · FY 2022
₹4.15 Cr ▲ 28%
Net loss · FY 2022
₹33.64 Lakh margin -8.1%
EBITDA · FY 2022
₹28.39 Lakh margin 6.8%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 28%
3 years · compounded
▲ 91%
EBITDA CAGR growth
1 year
▲ 27%
3 years · compounded
▲ 56%

Revenue has grown at a compounded annual rate (CAGR) of 91% over three years, including 28% growth in the latest year. EBITDA rose 27% 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 2021-22FY 2020-21FY 2019-20FY 2018-19
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₹28.39 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹33.64 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

MetricsFY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin6.8%
Net Profit Margin-8.1%
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 Mhaske Logistics Private Limited, buy the company report.

Board of directors of Mhaske Logistics Private Limited

Mhaske Logistics has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Vandana Shivaji MhaskeAdditional Director14 Jun 20233 Years 4 MonthsCurrent
Shivaji Dhondibhau MhaskeDirector29 Oct 20187 Years 11 MonthsCurrent

Peer comparison

Mhaske Logistics Private Limited is compared with the 3 companies closest to it by revenue in the Transport and Logistics industry (Diversified Logistics), with the same principal business activity (land transport via road), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Upkar Logistics Private Limited₹4.15 Cr (FY 2025)-8.0%Lucknow, Uttar Pradesh, India
Mhaske Logistics Private Limitedthis company₹4.15 Cr (FY 2022)-₹33.64 Lakh-8.1%28.0%Navi Mumbai, Maharashtra, India
Ssskds Private Limited₹4.15 Cr (FY 2025)-89.0%Bokaro, Jharkhand, India
Intrans Transport Private Limited₹4.13 Cr (FY 2025)-5.0%Ghaziabad, Uttar Pradesh, India

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

Auditor

Mhaske Logistics Private Limited is audited by KOTHAWADE & CO for the financial year 2020.

Auditor firmFinancial yearFirm registration number
KOTHAWADE & COFY 2020105338W

Shareholding

The shareholding of Mhaske Logistics Private Limited is on record for 2 financial years, the latest being FY 2020, split between promoters, domestic institutions, public shareholders and others.

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

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

Charges & borrowings

Open charges
₹60 Lakh
Satisfied charges
None
Breakdown by lending institutions
Abhyudaya Co-Operative Bank Limited₹0.60 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
12 Mar 2019100251872Abhyudaya Co-Operative Bank Limited₹60 LakhOpen

Total charge records: 1 View all charges

MSME payment delays

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

GST

Mhaske Logistics has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAMCM1988N1ZKMaharashtraActive04 Dec 2018

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

Recent activity

Mhaske Logistics Private Limited has 4 board changes on record since 2018: 2 appointments and 2 cessations. The latest: Dinesh Ramdas Mhaske ceased to be Director on 14 Jun 2023.

Ceased
Dinesh Ramdas Mhaske ceased to be Director.
Ceased
Saurabh Shivaji Mhaske ceased to be Director.
Appointed
Vandana Shivaji Mhaske was appointed as Additional Director.
AGM
Mhaske Logistics Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.
Filing
Mhaske Logistics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Mumbai.
Charges
A charge with Abhyudaya Co-Operative Bank Limited amounted to Rs. 60.00 Lakh with Charge ID 100251872 was registered on 12 Mar 2019.
Appointed
Shivaji Dhondibhau Mhaske was appointed as Director.
Incorporation
29 Oct 2018
Mhaske Logistics Private Limited was registered on 29 Oct 2018 with Roc Mumbai & aged 7 years 11 months as per MCA records.

Frequently asked questions

Mhaske Logistics is an active private limited company based in Navi Mumbai, Maharashtra, India. The company works in integrated and diversified logistics services, within the transport and logistics industry. It was incorporated on 29 October 2018 (8+ years old) and is registered under CIN U60300MH2018PTC316482.

Mhaske Logistics has 2 current directors:

The latest financial statements of Mhaske Logistics on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from FY 2019 are in the company report.

The GSTIN of Mhaske Logistics is 27AAMCM1988N1ZK, registered in Maharashtra.

The CIN (Corporate Identification Number) of Mhaske Logistics is U60300MH2018PTC316482. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Mhaske Logistics has 2 court cases on record: 2 filed by the company. 1 is pending.

Mhaske Logistics was incorporated on 29 October 2018, making it 8+ years old. It is registered with the Registrar of Companies, Mumbai.

The peers of Mhaske Logistics by revenue are Upkar Logistics Private Limited, Ssskds Private Limited, Intrans Transport Private Limited, all in the Transport and Logistics industry (Diversified Logistics), with the same principal business activity (land transport via road).

Dinesh Ramdas Mhaske ceased to be Director on 14 Jun 2023. Saurabh Shivaji Mhaske ceased to be Director on 14 Jun 2023. Vandana Shivaji Mhaske was appointed as Additional Director on 14 Jun 2023. Mhaske Logistics has 4 board changes on record in total.

Yes, Mhaske Logistics is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-33-0038577).

The registered office of Mhaske Logistics is at Plot No – 495051 Shop No. 20 Sector – 11 CBD Belapur, Navi Mumbai, Maharashtra, India – 400614.