Movetech Logistics Private Limited
About Movetech Logistics Private Limited
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Movetech Logistics Private Limited is a private limited company based in Delhi, India. It operates in the cargo services segment of the transport and logistics sector. It was incorporated on 31 May 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U63030DL2019PTC350788. Its GSTIN is 07AAMCM7111K1Z9 (Delhi).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Rajesh Sarat and Neeraj Makhija.
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 44 Lgf World Trade Center Babar Lane Connaught Place, Delhi, India – 110001.
As per the financials filed for FY 2023, the company reported a revenue of ₹27,107, a decline of 98% compared to the previous year. For the same year it recorded a net profit of ₹19,597 (net margin 72.3%) and EBITDA of -₹7,510 (EBITDA margin -27.7%). Revenue has declined at a compounded annual rate (CAGR) of 73% over three years.
The company is associated with 1 brand: DROPR.
Company details
Contact details
Movetech Logistics Private Limited's registered office is in Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address44 Lgf World Trade Center Babar Lane Connaught Place, Delhi, India – 110001
- IndustryTransport and Logistics, Cargo Services
To see the full contact details of Movetech 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
Financials of Movetech Logistics Private Limited
FY 2025 filings availableMovetech Logistics Private Limited reported revenue of ₹27,107 (down 98% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 73% over three years, including a 98% fall 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹27,107 | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹7,510 | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹19,597 | |||
| 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -27.7% | |||
| Net Profit Margin | 72.3% | |||
| 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 Movetech Logistics Private Limited, buy the company report.
Board of directors of Movetech Logistics Private Limited
Movetech Logistics has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajesh Sarat Also directs: Logistically Intelligence Private Limited, Setoa Logistics India Private Limited, Racing Cargo India Private Limited and 5 more | Director | 31 May 2019 | 7 Years 4 Months | Current |
| Neeraj Makhija Also directs: Setoa Logistics India Private Limited, Racing Cargo India Private Limited, Movers International Private Limited. and 5 more | Director | 31 May 2019 | 7 Years 4 Months | Current |
Auditor
Movetech Logistics Private Limited is audited by HRA & Associates; for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| HRA & Associates; | FY 2023 | 0009683N |
Shareholding
The shareholding of Movetech Logistics Private Limited is on record for 4 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Movetech Logistics Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Movetech 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 Movetech Logistics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Movetech Logistics has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAMCM7111K1Z9 | Delhi | Active | 08 Jun 2019 |
To see the full GST registrations and return filing status of Movetech Logistics Private Limited, buy the company report.
Recent activity
Movetech Logistics Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Neeraj Makhija was appointed as Director on 31 May 2019.
Frequently asked questions
Movetech Logistics is an active private limited company based in Delhi, India. The company works in cargo services, within the transport and logistics industry. It was incorporated on 31 May 2019 (7+ years old) and is registered under CIN U63030DL2019PTC350788.
Movetech Logistics has 2 current directors:
- Rajesh Sarat - Director
- Neeraj Makhija - Director
The latest financial statements of Movetech Logistics on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Movetech Logistics is 07AAMCM7111K1Z9, registered in Delhi.
The CIN (Corporate Identification Number) of Movetech Logistics is U63030DL2019PTC350788. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Movetech Logistics was incorporated on 31 May 2019, making it 7+ years old. It is registered with the Registrar of Companies, Delhi.
Neeraj Makhija was appointed as Director on 31 May 2019. Rajesh Sarat was appointed as Director on 31 May 2019.
The registered office of Movetech Logistics is at 44 Lgf World Trade Center Babar Lane Connaught Place, Delhi, India – 110001.
Movetech Logistics operates in the transport and logistics industry, in the cargo services segment.
Movetech Logistics has 1 associated brand: Dropr.