Montel Logistics Private Limited
About Montel Logistics Private Limited
Data last updated:
Montel Logistics Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the transportation and logistics segment of the transportation sector. It was incorporated on 18 October 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U63030MH2019PTC331884. Its GSTIN is 27AANCM0155E1ZL (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Alpesh Ankush Varankar and Jay Ashok Singh.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at A3 Flat No. – 102 Loknirman Appartments Dr. Ambedkar Road Khar West, Mumbai, Maharashtra, India – 400052.
As per the financials filed for FY 2020, the company reported a revenue of ₹9.12 Lakh. For the same year it recorded a net profit of ₹37,064 (net margin 4.1%) and EBITDA of ₹37,064 (EBITDA margin 4.1%).
Company details
Contact details
Montel Logistics Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressA3 Flat No. – 102 Loknirman Appartments Dr. Ambedkar Road Khar West, Mumbai, Maharashtra, India – 400052
- IndustryTransportation, Transportation Services
To see the full contact details of Montel Logistics Private Limited, buy the company report.
- 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
Business activity
The main business activity of Montel Logistics is transport and storage. In detail, this covers air transport.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transport and storage | H4 | Air transport |
To see the full business activity and turnover split of Montel Logistics Private Limited, buy the company report.
Financials of Montel Logistics Private Limited
FY 2020 filings availableMontel Logistics Private Limited reported revenue of ₹9.12 Lakh for FY 2020.
Financial Statement Summary
| Metrics | FY 2019-20 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | ₹9.12 Lakh |
| Other Income | |
| Total Revenue | |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | ₹37,064 |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | ₹37,064 |
| 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
| Metrics | FY 2019-20 |
|---|---|
| Profitability | |
| EBITDA Margin | 4.1% |
| Net Profit Margin | 4.1% |
| 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 Montel Logistics Private Limited, buy the company report.
Board of directors of Montel Logistics Private Limited
Montel Logistics has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Alpesh Ankush Varankar Also directs: Panglobe Logistics Private Limited | Director | 26 Mar 2023 | 3 Years 7 Months | Current |
| Jay Ashok Singh Also directs: Aqube Shipping and Services Private Limited | Director | 16 Nov 2020 | 5 Years 11 Months | Current |
Peer comparison
Montel Logistics Private Limited is compared with the 9 companies closest to it by revenue in the same principal business activity (air transport), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Advegis Logistics Private Limited | ₹9.78 Lakh (FY 2019) | New Delhi, Delhi, India | ||||
| Sda Exports Private Limited | ₹9.62 Lakh (FY 2025) | -12.0% | Chennai, Tamil Nadu, India | |||
| Rocktown Air Travels Private Limited | ₹9.45 Lakh (FY 2024) | 8.0% | Tiruchirappalli, Tamil Nadu, India | |||
| Apm Air Travels (India) Private Limited | ₹9.21 Lakh (FY 2015) | Chennai, Tamil Nadu, India | ||||
| Montel Logistics Private Limitedthis company | ₹9.12 Lakh (FY 2020) | ₹37,064 | 4.1% | Mumbai, Maharashtra, India | ||
| Sunbird Air Charter Services Private Limited | ₹8.8 Lakh (FY 2023) | -86.0% | Agartala, Tripura, India | |||
| Sky Field India Private Limited | ₹8.7 Lakh (FY 2024) | -5.0% | Chennai, Tamil Nadu, India | |||
| Freightage Logistics India Private Limited | ₹8.47 Lakh (FY 2025) | -10.0% | New Delhi, Delhi, India | |||
| Rabelle Shipping Logistics Private Limited | ₹8.44 Lakh (FY 2025) | 16.0% | Thane, Maharashtra, India | |||
| Devbhumi Aviation Private Limited | ₹8.34 Lakh (FY 2017) | Dehradun, Uttarakhand, India |
To see the full peer comparison of Montel Logistics Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Montel Logistics Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Montel Logistics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Montel Logistics has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AANCM0155E1ZL | Maharashtra | Active | 23 Dec 2019 |
To see the full GST registrations and return filing status of Montel Logistics Private Limited, buy the company report.
Recent activity
Montel Logistics Private Limited has 7 board changes on record since 2020: 2 appointments and 5 cessations. The latest: Deepak Ramchandra Nair ceased to be Director on 28 Mar 2023.
Frequently asked questions
Montel Logistics is an active private limited company based in Mumbai, Maharashtra, India. The company works in transportation services, within the transportation industry. It was incorporated on 18 October 2019 (7+ years old) and is registered under CIN U63030MH2019PTC331884.
Montel Logistics has 2 current directors:
- Alpesh Ankush Varankar - Director
- Jay Ashok Singh - Director
The latest financial statements of Montel Logistics on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Montel Logistics is 27AANCM0155E1ZL, registered in Maharashtra.
The CIN (Corporate Identification Number) of Montel Logistics is U63030MH2019PTC331884. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Montel Logistics was incorporated on 18 October 2019, making it 7+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Montel Logistics by revenue are Advegis Logistics Private Limited, Sda Exports Private Limited, Rocktown Air Travels Private Limited, Apm Air Travels (India) Private Limited, Sunbird Air Charter Services Private Limited and 4 more, all in the same principal business activity (air transport).
Deepak Ramchandra Nair ceased to be Director on 28 Mar 2023. Alpesh Ankush Varankar was appointed as Director on 26 Mar 2023. Mahendra Guruprasad Singh ceased to be Director on 25 Jun 2022. Montel Logistics has 7 board changes on record in total.
The registered office of Montel Logistics is at A3 Flat No. – 102 Loknirman Appartments Dr. Ambedkar Road Khar West, Mumbai, Maharashtra, India – 400052.
Montel Logistics operates in the transportation industry, in the transportation services segment.
Montel Logistics can be reached at its registered office: A3 Flat No. – 102 Loknirman Appartments Dr. Ambedkar Road Khar West, Mumbai, Maharashtra, India – 400052.