Fortune MNC 500 India 2026 edition
Rank#46- Total income
- ₹18,822 Cr
- Profit
- ₹926 Cr
Last year #48
DHL Express (India) Private Limited - transport and logistics in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹6,559.73 Cr
▲ 9% YoY
Net profit · FY 2025
₹197.51 Cr
Net margin 3%
EBITDA · FY 2025
₹401.12 Cr
EBITDA margin 6.1%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹2.86 Cr
Issued & subscribed
Company age
25 yrs
Est. 2001
Employees · EPFO
3,111
Provident fund records
Directors on board
2
As per MCA filings
About DHL Express (India) Private Limited
Data last updated:
DHL Express (India) Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Deutsche Post Beteiligungen Holding Gmbh. It operates in the express logistics segment of the transport and logistics sector. It was incorporated on 24 April 2001 and has been in existence for over 25 years.
DHL Express (India) is ranked #46 on the Fortune MNC 500 India (2026).
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U64120MH2001PTC131743. Its GSTIN is 27AABCD3611Q1ZI (Maharashtra). The company holds 26 GST registrations, of which 23 are active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹2.86 Cr. It was formerly known as Dhl Worldwide Express (I) Pvt Ltd. It is led by directors Subramanian Sivarama Ramachandran (Managing Director) and Anjali Rahul Bhadbhade (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2025, 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 2025, the company reported a revenue of ₹6,559.73 Cr, a growth of 9% compared to the previous year. For the same year it recorded a net profit of ₹197.51 Cr (net margin 3%) and EBITDA of ₹401.12 Cr (EBITDA margin 6.1%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 16% over five years.
The company has about 3,111 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
Court records list 384 cases involving the company, including 224 filed by the company and 161 filed against it; 80 cases are pending. The company has 2 deals on record (2 secondary share transfers); the latest was in March 2007. Its 5 peer companies in the Transport and Logistics industry (Express Logistics), with the same principal business activity (postal & courier activities) are compared by revenue, 5 smaller; the largest is Blue Dart Express Limited with revenue of ₹5,762.16 Cr. The company has 47 MSME Form 1 returns on record between 2016 and 2024, listing 3,014 overdue payments to 261 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website dhl.com.
Company Details of DHL Express (India) Private Limited
CIN U64120MH2001PTC131743
Registration Number 131743
Incorporation Date 24 April 2001
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2024
Parent Company Deutsche Post Beteiligungen Holding Gmbh
Compliance Status Active Compliant
Key People
Subramanian Sivarama Ramachandran Managing Director Anjali Rahul Bhadbhade Whole-Time Director Recognitions & Rankings of DHL Express (India)
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address801 A Silver Utopia 8th Floor Chakala Cardinal Gracias Road Andheri, (E), Mumbai, Maharashtra, India – 400099
- IndustryTransport and Logistics, Express Logistics
Comprehensive company report
DHL Express (India) 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 DHL Express (India) is transport and storage. In detail, this covers postal & courier activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| H | Transport and storage | H7 | Postal & Courier activities | Locked |
Premium access
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Financials of DHL Express (India) Private Limited
FY 2024 filings availableDHL Express (India) Private Limited reported revenue of ₹6,559.73 Cr (up 9% YoY) for FY 2025.
Revenue · FY 2025
₹6,559.73 Cr ▲ 9%
Net profit · FY 2025
₹197.51 Cr margin 3%
EBITDA · FY 2025
₹401.12 Cr margin 6.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 9%
3 years · compounded
▲ 8%
5 years · compounded
▲ 16%
EBITDA CAGR growth
1 year
▼ 8%
3 years · compounded
▲ 5%
5 years · compounded
▲ 4%
Revenue has grown at a compounded annual rate (CAGR) of 16% over five years, including 9% growth in the latest year. EBITDA fell 8% 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 2024-25 | FY 2020-21 to FY 2023-24in the company report |
|---|---|---|
| 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 | ₹401.12 Cr | |
| Profit Before Tax | •••• | |
| Tax Expense | •••• | |
| Net Profit (PAT) | ₹197.51 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
| Metrics | FY 2024-25 | FY 2020-21 to FY 2023-24in the company report |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 6.1% | |
| Net Profit Margin | 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 | •••• | |
Paid data: the figures shown as dots, and every line for FY 2020-21 to FY 2023-24, 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 DHL Express (India) are in the company report.
: available in the company report
Board of Directors of DHL Express (India) Private Limited
DHL Express (India) has 2 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Subramanian Sivarama Ramachandran Also directs: Blue Dart Express Limited, Express Industry Council of India | Managing Director | 16 Feb 2010 | 16 Years 8 Months | Current |
| Anjali Rahul Bhadbhade | Whole-Time Director | 17 Jun 2011 | 15 Years 4 Months | Current |
Peer Comparison
DHL Express (India) Private Limited is compared with the companies closest to it by revenue in the Transport and Logistics industry (Express Logistics), with the same principal business activity (postal & courier activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| DHL Express (India) Private Limited this company | ₹6,559.73 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | Mumbai, Maharashtra, India |
| Blue Dart Express Limited Listed | ₹5,762.16 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | Mumbai, Maharashtra, India |
| Fedex Express Transportation and Supply Chain Services (India) Private Limited | ₹4,664.6 Cr (FY 2025) | •••• | •••• | 48.0% | •••• | Mumbai, Maharashtra, India |
| Busybees Logistics Solutions Private Limited | ₹2,960.86 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | Pune, Maharashtra, India |
| DTDC Express Limited | ₹2,471.65 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Bangalore, Karnataka, India |
| Ecom Express Limited | ₹2,407.75 Cr (FY 2025) | •••• | •••• | -9.0% | •••• | New Delhi, Delhi, India |
Peers are the companies nearest to DHL Express (India) by revenue, above and below it, in the Transport and Logistics industry (Express Logistics), with the same principal business activity (postal & courier activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details
DHL Express (India) Private Limited is audited by Deloitte Haskins & Sells LLP Chartered Accountants for the financial year 2024.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Deloitte Haskins & Sells LLP Chartered Accountants | Locked | Locked | Locked |
: available in the company report
Ownership and Shareholding
: available in the company report
Charges & Borrowings
DHL Express (India) Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding
DHL Express (India) Private Limited has 2 deals on record (2 secondary share transfers); the latest was in March 2007.
Total deals
2
Secondary share transfers
2
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2007 | Secondary share transfer | Undisclosed | Buyer: Deutsche Post Beteiligungen Holding GMBH Seller: an individual |
| Dec 2005 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
: available in the company report
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases
DHL Express (India) Private Limited has 384 court cases on record: 224 filed by DHL Express (India), 161 filed against it. 80 cases are pending and 304 are disposed.
Total cases
384
Filed by the company
224
Filed against the company
161
Pending
80
Disposed
304
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 287 | 125 | 54 |
| High courts | 93 | 35 | 25 |
| Supreme Court | 4 | 1 | 1 |
Cases on record (5 of 384)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed against the company by M/S Kineco Kaman Composites India Pvt Ltd Through Ms. Naina Nakle | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed against the company by M/S Kineco Kaman Composites India Pvt Ltd Through Ms. Naina Nakle and 1 other | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Case) | Filed by the company against Eshakti Com Pvt Ltd and 2 others | Pending |
| District court, Ahmedabad, Gujarat | Court case (CS CCC) | Filed against the company by Trans Asian Techno Pvt Ltd. Through Meghdut Guha | Pending |
| District court, North, Delhi | Court case (CS (COMM.)) | Filed against the company by Indogulf Cropsciences Ltd | Pending |
: available in the company report
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME Payment Delays
DHL Express (India) Private Limited has 47 MSME Form 1 returns on record between 2016 and 2024, listing 3,014 overdue payments to 261 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 261)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Gilpin Tours and Travel Management India Private Limited | •••• | •••• | •••• |
| City Link Portal Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Silver Wings C and F Services | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
: available in the company report
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance
DHL Express (India) Private Limited has a workforce of 3,111 employees as of Apr 05, 2024.
Employee count
3,111
Active EPFO establishments
1
Employee growth
-1.49%
: available in the company report
Group Structure
DHL Express (India) has 1 subsidiary company. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
1
Subsidiary companies
Key Subsidiaries
| Company Name | CIN | Shares Held |
|---|---|---|
| Skyline Air Logistics Limited | U60230MH2004PLC146140 | Locked |
Showing major subsidiaries. Total: 1.
Recent Activity
DHL Express (India) Private Limited has 11 board changes on record since 2007: 3 appointments and 8 cessations. The latest: Chandra Shekar Pitre ceased to be Director on 31 Dec 2014.
AGM
Dhl Express (India) Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Dhl Express (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Ceased
Chandra Shekar Pitre ceased to be Director.
Appointed
Anjali Rahul Bhadbhade was appointed as Whole-Time Director.
Ceased
Anjali Rahul Bhadbhade ceased to be Additional Director.
Ceased
Stephen Fenwick ceased to be Director.
Ceased
Subramanian Sivarama Ramachandran ceased to be Additional Director.
Appointed
Subramanian Sivarama Ramachandran was appointed as Managing Director.
Ceased
Johnathon Craig Bernhard Grossgart ceased to be Whole-Time Director.
Ceased
Sagar Madhusudan Patil ceased to be Additional Director.
Ceased
Scott Price ceased to be Director.
Ceased
Pramod Kumar Gupta ceased to be Whole-Time Director.
2 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts
: available in the company report
Subsidiaries & Group Companies
: available in the company report
GST Compliance
DHL Express (India) has 26 GST registrations: 23 active and 3 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
26
Active
23
Cancelled / inactive
3
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCD3611Q1ZI | Maharashtra | Active | 01 Jul 2017 |
| 27AABCD3611Q2ZH | Maharashtra | Active | 01 Apr 2024 |
| 03AABCD3611Q1ZS | Punjab | Active | 01 Jul 2017 |
| 04AABCD3611Q1ZQ | Chandigarh | Active | 01 Jul 2017 |
: available in the company report
MCA Filings & Documents
: available in the company report
Related news
Frequently Asked Questions
DHL Express (India) is an active private limited company based in Mumbai, Maharashtra, India. The company works in express logistics, within the transport and logistics industry. It was incorporated on 24 April 2001 (25+ years old) and is registered under CIN U64120MH2001PTC131743.
DHL Express (India) has 2 current directors:
- Subramanian Sivarama Ramachandran - Managing Director
- Anjali Rahul Bhadbhade - Whole-Time Director
The latest financial statements of DHL Express (India) on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of DHL Express (India) is 27AABCD3611Q1ZI, registered in Maharashtra. The company has 26 GST registrations in all, of which 23 are active and 3 are cancelled or inactive. Other active GSTINs include 27AABCD3611Q2ZH (Maharashtra), 03AABCD3611Q1ZS (Punjab), 04AABCD3611Q1ZQ (Chandigarh).
The CIN (Corporate Identification Number) of DHL Express (India) is U64120MH2001PTC131743. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
DHL Express (India) has 384 court cases on record: 224 filed by the company and 161 filed against it. 80 are pending. Most are in the district courts.
DHL Express (India) was incorporated on 24 April 2001, making it 25+ years old. It is registered with the Registrar of Companies, Mumbai.
DHL Express (India) has 2 deals on record (2 secondary share transfers); the latest was in March 2007.
The peers of DHL Express (India) by revenue are Blue Dart Express Limited, Fedex Express Transportation and Supply Chain Services (India) Private Limited, Busybees Logistics Solutions Private Limited, DTDC Express Limited, Ecom Express Limited, all in the Transport and Logistics industry (Express Logistics), with the same principal business activity (postal & courier activities).
Chandra Shekar Pitre ceased to be Director on 31 Dec 2014. Anjali Rahul Bhadbhade was appointed as Whole-Time Director on 17 Jun 2011. Anjali Rahul Bhadbhade ceased to be Additional Director on 17 Jun 2011. DHL Express (India) has 11 board changes on record in total.
DHL Express (India) has 47 MSME Form 1 returns on record between 2016 and 2024, listing 3,014 overdue payments to 261 micro and small suppliers. The latest return was filed on 25 Apr 2024.
DHL Express (India) can be reached through the website dhl.com. Its registered office is in Mumbai, Maharashtra, India.