About Modern Freight Services Private Limited
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Modern Freight Services Private Limited is a private limited company based in Bhubaneswar, Orissa, India. It operates in the shipping and maritime services segment of the transport and logistics sector. It was incorporated on 15 July 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U74999OR2016PTC025535. Its GSTIN is 21AAKCM5105B1Z6 (Odisha).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹6,000. It is led by directors including Sanjaya Kumar Jena and Prafulla Kumar Jha.
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 D – 2 2nd Floor Apple Plaza Pahal Bhubaneswar, Orissa, India – 752101.
As per the financials filed for FY 2025, the company reported a revenue of ₹10.54 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹16.88 Lakh (net margin 1.6%) and EBITDA of ₹23.13 Lakh (EBITDA margin 2.2%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 29% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website modernfreights.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressD – 2 2nd Floor Apple Plaza Pahal Bhubaneswar, Orissa, India – 752101
- IndustryTransport and Logistics, Shipping & Maritime 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 Modern Freight Services Private Limited
The main business activity of Modern Freight Services 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.
Financials of Modern Freight Services Private Limited FY 2025 filings available
Modern Freight Services Private Limited reported revenue of ₹10.54 Cr (up 217% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Modern Freight Services Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 29% over five years, including 217% growth in the latest year. EBITDA rose 214% 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 Modern Freight Services Private Limited
| 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 | ₹23.13 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹16.88 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 of Modern Freight Services Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.2% | •••• | •••• | •••• | •••• |
| 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 Modern Freight Services are in the company report.
Financial statements from FY 2017
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.
Peer Comparison of Modern Freight Services Private Limited
Modern Freight Services Private Limited is compared with the companies closest to it by revenue in the Shipping industry (Shipping Services). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| JSL Lines Private Limited | •••• | •••• | •••• | •••• | - | Ahmadabad City, Gujarat, India |
| Awatac Container Line Private Limited | •••• | •••• | •••• | •••• | 19 | Chennai, Tamil Nadu, India |
| Qualityflows Private Limited | •••• | •••• | •••• | •••• | - | Kochi, Kerala, India |
| Delta Conship Private Limited | •••• | •••• | •••• | •••• | 15 | Mumbai, Maharashtra, India |
| Ripley Pinnacle India Ifsc Private Limited | •••• | •••• | •••• | •••• | - | Gandhi Nagar, Gujarat, India |
| Modern Freight Services Private Limited this company | •••• | •••• | •••• | •••• | - | Bhubaneswar, Orissa, India |
| Shreeji Shippers Private Limited | •••• | •••• | •••• | •••• | - | Jamnagar, Gujarat, India |
| Navy Line Ship Management Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Xpress Marine Shipping Services Private Limited | •••• | •••• | •••• | •••• | - | Chennai, Tamil Nadu, India |
| MBPL Cargo and Logistics Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Vindhyawashini Offshore Services Private Limited | •••• | •••• | •••• | •••• | - | Thane, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Modern Freight Services by revenue in the Shipping industry (Shipping Services), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Modern Freight Services Private Limited
Modern Freight Services Private Limited is audited by ABA PARAB & ASSOCIATES for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| ABA PARAB & 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 Modern Freight Services Private Limited
Modern Freight Services has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjaya Kumar Jena Also directs: Adisa Trading Private Limited | Director | 15 Jul 2016 | 10 Years 2 Months | Current |
| Prafulla Kumar Jha | Director | 15 Jul 2016 | 10 Years 2 Months | Current |
| Nirav Girishbhai Mehta | Director | 06 Dec 2018 | 7 Years 10 Months | Current |
Ownership and Shareholding of Modern Freight Services 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.
Charges & Borrowings of Modern Freight Services Private Limited
Modern Freight Services Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Modern Freight Services Private Limited
Employment history and EPFO contributions of people linked to Modern Freight Services.
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.
Recent Activity on Modern Freight Services Private Limited
Modern Freight Services Private Limited has 3 board changes on record since 2016: 3 appointments. The latest: Nirav Girishbhai Mehta was appointed as Director on 06 Dec 2018.
Credit Ratings, Litigation & Regulatory Alerts for Modern Freight Services 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 Modern Freight Services 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 Modern Freight Services 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.
GST Compliance of Modern Freight Services Private Limited
Modern Freight Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AAKCM5105B1Z6 | Odisha | Active | 01 Jul 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.
MCA Filings & Documents of Modern Freight Services 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.
Frequently Asked Questions about Modern Freight Services Private Limited
Modern Freight Services is an active private limited company based in Bhubaneswar, Orissa, India. The company works in shipping and maritime services, within the transport and logistics industry. It was incorporated on 15 July 2016 (10+ years old) and is registered under CIN U74999OR2016PTC025535.
Modern Freight Services reported revenue of ₹10.54 Cr for FY 2025 (up 217% YoY).
Modern Freight Services has 3 current directors:
- Sanjaya Kumar Jena - Director
- Prafulla Kumar Jha - Director
- Nirav Girishbhai Mehta - Director
Modern Freight Services reported a net profit of ₹16.88 Lakh (net margin 1.6%) and EBITDA of ₹23.13 Lakh (EBITDA margin 2.2%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Modern Freight Services is 5% over three years and 29% over five years. In the latest year (FY 2025) revenue rose 217%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Modern Freight Services is 21AAKCM5105B1Z6, registered in Odisha.
The CIN (Corporate Identification Number) of Modern Freight Services is U74999OR2016PTC025535. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Modern Freight Services was incorporated on 15 July 2016, making it 10+ years old. It is registered with the Registrar of Companies, Cuttack.
The peers of Modern Freight Services by revenue are JSL Lines Private Limited, Awatac Container Line Private Limited, Qualityflows Private Limited, Delta Conship Private Limited, Ripley Pinnacle India Ifsc Private Limited and 5 more, all in the Shipping industry (Shipping Services).
Nirav Girishbhai Mehta was appointed as Director on 06 Dec 2018. Prafulla Kumar Jha was appointed as Director on 15 Jul 2016. Sanjaya Kumar Jena was appointed as Director on 15 Jul 2016.
Modern Freight Services can be reached through the website modernfreights.com. Its registered office is in Bhubaneswar, Orissa, India.