About East West Freight Carriers Limited
Data last updated:
East West Freight Carriers Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the integrated logistics and supply chain solutions segment of the transport and logistics sector. It was incorporated on 25 August 1981 and has been in existence for over 45 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L74110MH1981PLC298496. Its GSTIN is 27AAFCR5709R1ZN (Maharashtra). The company holds 7 GST registrations, all of them active. It is a listed company as per MCA records. Its shares are listed on BSE: 540006 and NSE: EASTWEST.
The company has an authorised share capital of ₹33 Cr and a paid-up capital of ₹25.52 Cr. It was formerly known as Own (India) Finance Limited and Own India Finance Ltd. It is led by directors including Ajaz Shafi Mohammed (Managing Director) and Suresh Gopinathan Menon (Whole-Time Director).
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 62 Adarsh Industrial Estate Sahar Chakala Road Andheri East, Mumbai, Maharashtra, India – 400099.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹201.63 Cr, a decline of 29.3% compared to the previous year. For the same year it recorded a net loss of ₹3.98 Cr (net margin -2%) and EBITDA of ₹1.89 Cr (EBITDA margin 0.9%). The net worth stands at ₹62.77 Cr (down 6.4% YoY). Total assets are valued at ₹136.85 Cr (down 2.1% YoY).
Its group structure includes 2 subsidiaries.
The company is associated with 3 brands: East West Holdings, East West Freight Carriers Limited and Bullish Bonds & Holdings. As per MCA filings, the company has open charges of ₹159.34 Cr on record. Court records list 16 cases involving the company, including 15 filed by the company and 1 filed against it; 13 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ewhl.in.
Company details
Name history
East West Freight Carriers has undergone 4 name changes throughout its history. The current legal name is East West Freight Carriers Limited.
| Company Name | Status |
|---|---|
| East West Freight Carriers Limited | Current |
| Own (India) Finance Limited | Previous |
| Own India Finance Ltd | Previous |
| Ranken Bonds & Holdings Ltd | Previous |
| Bullish Bonds & Holdings Limited | Previous |
CIN history
East West Freight Carriers has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L74110MH1981PLC298496, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L74110MH1981PLC298496 | Current |
| L19202MH1981PLC298496 | Previous |
| L19202WB1981PLC034019 | Previous |
Contact details
East West Freight Carriers Limited's registered office is in Mumbai, Maharashtra. Its website is ewhl.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address62 Adarsh Industrial Estate Sahar Chakala Road Andheri East, Mumbai, Maharashtra, India – 400099
- IndustryTransport and Logistics, Integrated & Diversified Logistics Services
To see the full contact details of East West Freight Carriers 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
Brands
East West Freight Carriers operates multiple associated brands including East West Holdings, East West Freight Carriers Limited, and Bullish Bonds & Holdings. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Global freight forwarding services for air, ocean, road, and rail transport. | ewhl.in | |
| Offers air, ocean, road freight and logistics services for businesses worldwide. | ewfcpl.com | |
| Provider of investment management and financial services | bullishbonds.com |
Business activity
The main business activity of East West Freight Carriers is transport and storage. In detail, this covers services incidental to land, water & air transportation.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transport and storage | H5 | Services incidental to land, water & air transportation |
To see the full business activity and turnover split of East West Freight Carriers Limited, buy the company report.
Financials of East West Freight Carriers Limited
FY 2025-26 filings availableEast West Freight Carriers Limited reported revenue of ₹201.63 Cr (down 29.3% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 202 | 285 | 208 | 250 | 230 | 161 | 197 |
| Revenue growth | -29.3% | +36.9% | -16.6% | +8.8% | +42.4% | -17.9% | - |
| EBITDA | 1.89 | 10.92 | 12.51 | 7.96 | 11.46 | 8.69 | 8.88 |
| EBITDA margin | +0.9% | +3.8% | +6.0% | +3.2% | +5.0% | +5.4% | +4.5% |
| Profit before tax | (4.53) | 2.35 | 8.63 | (0.80) | 4.13 | 0.52 | 2.43 |
| Net profit | (3.98) | 1.23 | 0.07 | (1.09) | 2.80 | (0.19) | 1.35 |
| Net profit margin | -2.0% | +0.4% | +0.0% | -0.4% | +1.2% | -0.1% | +0.7% |
| EPS (₹) | (0.31) | 0.10 | 0.50 | (0.09) | 0.24 | (0.07) | 0.78 |
| Balance sheet | |||||||
| Total assets | 137 | 140 | 127 | 155 | 144 | 134 | 129 |
| Net worth | 62.77 | 67.05 | 65.81 | 62.17 | 72.97 | 61.47 | 62.68 |
| Total debt | 71.12 | 70.06 | 58.86 | 86.98 | 69.09 | 69.23 | 63.46 |
| Cash & bank | 4.88 | 6.48 | 7.87 | 8.77 | 13.21 | 8.69 | 8.39 |
| Net working capital | 96.13 | 97.89 | 84.33 | 87.60 | 84.46 | 70.36 | 64.70 |
| Cash flow | |||||||
| Cash from operations | 4.42 | (4.22) | 13.28 | 4.44 | (2.45) | 3.88 | (1.43) |
| Cash from investing | 2.12 | 0.28 | 20.73 | (21.21) | (6.60) | (2.33) | (2.65) |
| Cash from financing | (6.85) | 3.54 | (35.07) | 13.84 | 13.31 | (2.15) | 2.36 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 45.56 | 44.31 | 45.59 | 55.17 | 56.56 | 58.93 | 65.48 | 68.21 |
| Revenue growth (YoY) | -19.5% | -24.8% | -30.4% | -19.1% | -39.0% | - | - | - |
| Other income | 0.00 | 2.67 | 0.07 | 0.17 | 0.13 | 0.93 | 0.16 | 0.18 |
| EBITDA | 3.27 | 0.53 | (1.04) | (0.24) | 2.64 | 1.43 | 2.67 | 2.56 |
| EBITDA margin | +7.2% | +1.2% | -2.3% | -0.4% | +4.7% | +2.4% | +4.1% | +3.8% |
| Depreciation | 0.44 | 0.21 | 0.43 | 0.39 | 0.45 | 0.29 | 0.54 | 0.54 |
| Interest | 2.37 | 1.84 | 1.75 | 1.80 | 2.58 | 1.57 | 1.93 | 1.87 |
| Profit before tax | 0.46 | 1.15 | (3.15) | (2.26) | (0.26) | 0.50 | 0.36 | 0.33 |
| Tax | 0.17 | 0.63 | (0.80) | (0.62) | (0.01) | 0.08 | 0.05 | 0.24 |
| Net profit | 0.29 | 0.52 | (2.35) | (1.64) | (0.25) | 0.42 | 0.31 | 0.09 |
| EPS (₹) | 0.02 | 0.03 | (0.18) | (0.13) | (0.03) | 0.02 | 0.05 | (0.02) |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 182 | 270 | 198 | 239 | 13.54 | 5.84 | 8.56 |
| Revenue growth | -32.8% | +36.6% | -17.3% | +1668.2% | +131.9% | -31.8% | - |
| EBITDA | (0.17) | 8.91 | 10.56 | 7.16 | (0.54) | (0.31) | (0.52) |
| EBITDA margin | -0.1% | +3.3% | +5.3% | +3.0% | -4.0% | -5.3% | -6.1% |
| Profit before tax | (5.80) | 1.14 | 7.23 | (1.36) | 0.08 | 0.35 | 0.05 |
| Net profit | (4.62) | 0.56 | (0.85) | (1.51) | 0.06 | 0.25 | 0.04 |
| Net profit margin | -2.5% | +0.2% | -0.4% | -0.6% | +0.4% | +4.3% | +0.5% |
| EPS (₹) | (0.36) | 0.05 | 0.44 | (0.12) | 0.01 | 0.14 | 0.02 |
| Balance sheet | |||||||
| Total assets | 131 | 134 | 123 | 152 | 62.05 | 53.40 | 54.29 |
| Net worth | 60.33 | 65.30 | 64.73 | 61.98 | 62.05 | 53.40 | 54.28 |
| Total debt | 69.55 | 68.22 | 57.94 | 86.91 | 0.00 | 0.00 | 0.00 |
| Cash & bank | 4.49 | 6.17 | 6.89 | 7.95 | 4.12 | 0.24 | 0.10 |
| Net working capital | 89.53 | 92.79 | 79.45 | 83.67 | 4.94 | (0.51) | 1.01 |
| Cash flow | |||||||
| Cash from operations | 4.21 | (4.92) | 12.23 | 4.05 | (2.31) | 0.88 | (0.33) |
| Cash from investing | 2.49 | 2.47 | 21.18 | (20.92) | (5.76) | (0.61) | (1.16) |
| Cash from financing | (7.11) | 2.73 | (34.63) | 13.44 | 11.96 | (0.13) | (0.18) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 40.69 | 36.47 | 40.81 | 50.98 | 53.46 | 54.11 | 62.02 | 64.90 |
| Revenue growth (YoY) | -23.9% | -32.6% | -34.2% | -21.5% | -40.2% | - | - | - |
| Other income | 0.00 | 2.66 | 0.07 | 0.16 | 0.13 | 0.81 | 0.15 | 0.18 |
| Total expenses | 38.08 | 36.94 | 41.99 | 51.54 | 51.42 | 53.33 | 59.69 | 62.79 |
| EBITDA | 2.61 | (0.47) | (1.18) | (0.56) | 2.04 | 0.78 | 2.33 | 2.11 |
| EBITDA margin | +6.4% | -1.3% | -2.9% | -1.1% | +3.8% | +1.4% | +3.8% | +3.3% |
| Depreciation | 0.24 | (0.07) | 0.27 | 0.27 | 0.27 | 0.09 | 0.32 | 0.32 |
| Interest | 2.33 | 1.79 | 1.71 | 1.87 | 2.54 | 1.52 | 1.88 | 1.82 |
| Profit before tax | 0.04 | 0.47 | (3.09) | (2.54) | (0.64) | (0.02) | 0.28 | 0.15 |
| Tax | 0.05 | 0.39 | (0.77) | (0.69) | (0.10) | (0.03) | 0.04 | 0.15 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 45.56 | 44.31 | 45.59 | 55.17 | 56.56 | 58.93 | 65.48 | 68.21 |
| Revenue growth (YoY) | -19.5% | -24.8% | -30.4% | -19.1% | -39.0% | - | - | - |
| Other income | 0.00 | 2.67 | 0.07 | 0.17 | 0.13 | 0.93 | 0.16 | 0.18 |
| EBITDA | 3.27 | 0.53 | (1.04) | (0.24) | 2.64 | 1.43 | 2.67 | 2.56 |
| EBITDA margin | +7.2% | +1.2% | -2.3% | -0.4% | +4.7% | +2.4% | +4.1% | +3.8% |
| Depreciation | 0.44 | 0.21 | 0.43 | 0.39 | 0.45 | 0.29 | 0.54 | 0.54 |
| Interest | 2.37 | 1.84 | 1.75 | 1.80 | 2.58 | 1.57 | 1.93 | 1.87 |
| Profit before tax | 0.46 | 1.15 | (3.15) | (2.26) | (0.26) | 0.50 | 0.36 | 0.33 |
| Tax | 0.17 | 0.63 | (0.80) | (0.62) | (0.01) | 0.08 | 0.05 | 0.24 |
| Net profit | 0.29 | 0.52 | (2.35) | (1.64) | (0.25) | 0.42 | 0.31 | 0.09 |
| EPS (₹) | 0.02 | 0.03 | (0.18) | (0.13) | (0.03) | 0.02 | 0.05 | (0.02) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 202 | 285 | 208 | 250 | 230 | 161 | 197 |
| Revenue growth | -29.3% | +36.9% | -16.6% | +8.8% | +42.4% | -17.9% | - |
| Other income | 3.03 | 1.29 | 9.06 | 1.04 | 0.85 | 0.79 | 1.35 |
| Total expenses | 200 | 274 | 196 | 242 | 218 | 153 | 188 |
| Employee cost | 0.00 | 15.18 | 13.51 | 12.18 | 8.79 | 6.49 | 9.28 |
| EBITDA | 1.89 | 10.92 | 12.51 | 7.96 | 11.46 | 8.69 | 8.88 |
| EBITDA margin | +0.9% | +3.8% | +6.0% | +3.2% | +5.0% | +5.4% | +4.5% |
| Depreciation | 1.49 | 1.76 | 1.96 | 1.77 | 1.46 | 1.57 | 1.46 |
| Interest | 7.96 | 8.10 | 10.98 | 8.03 | 6.72 | 7.39 | 6.34 |
| Profit before tax | (4.53) | 2.35 | 8.63 | (0.80) | 4.13 | 0.52 | 2.43 |
| Tax | (0.78) | 0.82 | 1.91 | 0.27 | 1.31 | 0.65 | 1.07 |
| Net profit | (3.98) | 1.23 | 0.07 | (1.09) | 2.80 | (0.19) | 1.35 |
| Net profit margin | -2.0% | +0.4% | +0.0% | -0.4% | +1.2% | -0.1% | +0.7% |
| EPS (₹) | (0.31) | 0.10 | 0.50 | (0.09) | 0.24 | (0.07) | 0.78 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 25.52 | 25.52 | 25.52 | 24.62 | 24.10 | 17.53 | 17.53 |
| Reserves & surplus | 37.25 | 41.53 | 40.29 | 36.00 | 46.73 | 43.94 | 45.15 |
| Shareholders' funds (net worth) | 62.77 | 67.05 | 65.81 | 62.17 | 72.97 | 61.47 | 62.68 |
| Minority interest | 1.81 | 1.59 | 1.36 | 2.19 | (0.04) | (0.04) | (0.04) |
| Secured loans | 67.17 | 61.29 | 50.86 | 75.49 | 65.72 | 65.67 | 63.46 |
| Unsecured loans | 3.95 | 8.77 | 8.00 | 11.49 | 3.37 | 3.56 | 0.00 |
| Total debt | 71.12 | 70.06 | 58.86 | 86.98 | 69.09 | 69.23 | 63.46 |
| Total liabilities | 137 | 140 | 127 | 155 | 144 | 134 | 129 |
| Assets | |||||||
| Gross block | 47.62 | 48.08 | 46.92 | 75.20 | 56.67 | 56.05 | 57.99 |
| Net block | 38.89 | 40.41 | 38.71 | 63.31 | 47.11 | 47.79 | 48.09 |
| Capital work in progress | 1.65 | 1.65 | 1.65 | 1.65 | 9.25 | 9.25 | 9.25 |
| Investments | 0.53 | 1.03 | 3.01 | 1.76 | 2.78 | 5.45 | 5.52 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sundry debtors | 81.25 | 73.94 | 72.83 | 66.08 | 62.40 | 62.47 | 50.39 |
| Cash & bank balances | 4.88 | 6.48 | 7.87 | 8.77 | 13.21 | 8.69 | 8.39 |
| Loans & advances | 22.82 | 28.08 | 15.30 | 21.13 | 16.41 | 11.71 | 15.75 |
| Total current assets | 109 | 108 | 96.00 | 95.98 | 92.02 | 82.87 | 74.53 |
| Total current liabilities | 12.82 | 10.61 | 11.67 | 8.38 | 7.56 | 12.51 | 9.83 |
| Net working capital | 96.13 | 97.89 | 84.33 | 87.60 | 84.46 | 70.36 | 64.70 |
| Total assets | 137 | 140 | 127 | 155 | 144 | 134 | 129 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 3.05 | 3.45 | 4.50 | 7.44 | 2.85 | 3.45 | 5.17 |
| Net cash from operating activities | 4.42 | (4.22) | 13.28 | 4.44 | (2.45) | 3.88 | (1.43) |
| Net cash from investing activities | 2.12 | 0.28 | 20.73 | (21.21) | (6.60) | (2.33) | (2.65) |
| Net cash from financing activities | (6.85) | 3.54 | (35.07) | 13.84 | 13.31 | (2.15) | 2.36 |
| Net change in cash | (0.31) | (0.40) | (1.06) | (2.94) | 4.26 | (0.60) | (1.72) |
| Closing cash | 4.88 | 6.48 | 7.87 | 8.77 | 13.21 | 8.69 | 8.39 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -29.3% | +36.9% | -16.6% | +8.8% | +42.4% | -17.9% | - |
| EBITDA growth | -82.7% | -12.7% | +57.2% | -30.5% | +31.9% | -2.1% | - |
| PBT growth | - | -72.8% | +9998.0% | - | +694.2% | -78.6% | -67.7% |
| Net income growth | -423.6% | +1657.1% | +106.4% | -138.9% | +1573.7% | -114.1% | - |
| Revenue CAGR (3Y) | -6.9% | +7.5% | +8.9% | +8.4% | -1.0% | -9.0% | +278.3% |
| EBITDA CAGR (3Y) | -38.1% | -1.6% | +12.9% | -3.6% | -5.8% | -3.7% | +254.1% |
| Profitability & leverage | |||||||
| Net income margin | -1.9% | +0.5% | +3.2% | -0.4% | +1.2% | -0.1% | +0.7% |
| Return on capital employed | - | +7.7% | +8.1% | 0.0% | +7.8% | +6.0% | +7.0% |
| Return on net worth | - | +2.2% | +0.7% | 0.0% | +4.2% | -0.3% | +2.1% |
| Debt / equity | - | 0.97 | 1.14 | 1.15 | 1.03 | 1.07 | 0.91 |
| Long-term debt / equity | - | 0.43 | 0.65 | 0.69 | 0.61 | 0.62 | 0.45 |
| Interest cover | 1,990.00 | 88.43 | 104.08 | 129.73 | 67.20 | 103.79 | 85.44 |
| Efficiency & per share | |||||||
| Fixed asset turnover | - | 5.97 | 3.41 | 3.79 | 4.08 | 2.83 | 3.38 |
| Inventory turnover | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debtors turnover | - | 3.89 | 3.00 | 3.89 | 3.68 | 2.86 | 3.87 |
| EPS (₹) | (0.31) | 0.10 | 0.50 | (0.09) | 0.24 | (0.07) | 0.78 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.05 |
| Book value per share (₹) | 0.00 | 5.26 | 5.16 | 4.92 | 5.88 | 35.07 | 35.75 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 40.69 | 36.47 | 40.81 | 50.98 | 53.46 | 54.11 | 62.02 | 64.90 |
| Revenue growth (YoY) | -23.9% | -32.6% | -34.2% | -21.5% | -40.2% | - | - | - |
| Other income | 0.00 | 2.66 | 0.07 | 0.16 | 0.13 | 0.81 | 0.15 | 0.18 |
| Total expenses | 38.08 | 36.94 | 41.99 | 51.54 | 51.42 | 53.33 | 59.69 | 62.79 |
| EBITDA | 2.61 | (0.47) | (1.18) | (0.56) | 2.04 | 0.78 | 2.33 | 2.11 |
| EBITDA margin | +6.4% | -1.3% | -2.9% | -1.1% | +3.8% | +1.4% | +3.8% | +3.3% |
| Depreciation | 0.24 | (0.07) | 0.27 | 0.27 | 0.27 | 0.09 | 0.32 | 0.32 |
| Interest | 2.33 | 1.79 | 1.71 | 1.87 | 2.54 | 1.52 | 1.88 | 1.82 |
| Profit before tax | 0.04 | 0.47 | (3.09) | (2.54) | (0.64) | (0.02) | 0.28 | 0.15 |
| Tax | 0.05 | 0.39 | (0.77) | (0.69) | (0.10) | (0.03) | 0.04 | 0.15 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 182 | 270 | 198 | 239 | 13.54 | 5.84 | 8.56 |
| Revenue growth | -32.8% | +36.6% | -17.3% | +1668.2% | +131.9% | -31.8% | - |
| Other income | 3.02 | 1.20 | 9.05 | 1.02 | 0.62 | 0.66 | 0.57 |
| Total expenses | 182 | 262 | 187 | 232 | 14.08 | 6.15 | 9.08 |
| Employee cost | 0.00 | 11.90 | 11.39 | 10.19 | 0.27 | 0.11 | 0.22 |
| EBITDA | (0.17) | 8.91 | 10.56 | 7.16 | (0.54) | (0.31) | (0.52) |
| EBITDA margin | -0.1% | +3.3% | +5.3% | +3.0% | -4.0% | -5.3% | -6.1% |
| Depreciation | 0.74 | 1.04 | 1.44 | 1.53 | 0.00 | 0.00 | 0.00 |
| Interest | 7.91 | 7.93 | 10.94 | 8.01 | 0.00 | 0.00 | 0.00 |
| Profit before tax | (5.80) | 1.14 | 7.23 | (1.36) | 0.08 | 0.35 | 0.05 |
| Tax | (1.18) | 0.51 | 1.56 | 0.14 | 0.02 | 0.10 | 0.01 |
| Net profit | (4.62) | 0.56 | (0.85) | (1.51) | 0.06 | 0.25 | 0.04 |
| Net profit margin | -2.5% | +0.2% | -0.4% | -0.6% | +0.4% | +4.3% | +0.5% |
| EPS (₹) | (0.36) | 0.05 | 0.44 | (0.12) | 0.01 | 0.14 | 0.02 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 25.52 | 25.52 | 25.52 | 24.62 | 24.10 | 17.53 | 17.53 |
| Reserves & surplus | 34.81 | 39.78 | 39.21 | 35.81 | 35.81 | 35.87 | 36.75 |
| Shareholders' funds (net worth) | 60.33 | 65.30 | 64.73 | 61.98 | 62.05 | 53.40 | 54.28 |
| Secured loans | 66.14 | 60.33 | 50.86 | 75.44 | 0.00 | 0.00 | 0.00 |
| Unsecured loans | 3.41 | 7.89 | 7.08 | 11.47 | 0.00 | 0.00 | 0.00 |
| Total debt | 69.55 | 68.22 | 57.94 | 86.91 | 0.00 | 0.00 | 0.00 |
| Total liabilities | 131 | 134 | 123 | 152 | 62.05 | 53.40 | 54.29 |
| Assets | |||||||
| Gross block | 42.74 | 43.04 | 43.29 | 72.69 | 0.01 | 0.00 | 0.00 |
| Net block | 36.46 | 37.18 | 36.96 | 62.17 | 0.01 | 0.00 | 0.00 |
| Capital work in progress | 1.65 | 1.65 | 1.65 | 1.65 | 0.00 | 0.00 | 0.00 |
| Investments | 3.53 | 4.03 | 6.01 | 3.76 | 42.22 | 44.93 | 45.09 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sundry debtors | 73.78 | 69.81 | 69.79 | 63.38 | 2.18 | 0.91 | 2.83 |
| Cash & bank balances | 4.49 | 6.17 | 6.89 | 7.95 | 4.12 | 0.24 | 0.10 |
| Loans & advances | 20.34 | 25.92 | 13.43 | 19.93 | 0.77 | 0.90 | 1.12 |
| Total current assets | 98.61 | 102 | 90.11 | 91.26 | 7.07 | 2.05 | 4.05 |
| Total current liabilities | 9.08 | 9.11 | 10.66 | 7.59 | 2.13 | 2.56 | 3.04 |
| Net working capital | 89.53 | 92.79 | 79.45 | 83.67 | 4.94 | (0.51) | 1.01 |
| Total assets | 131 | 134 | 123 | 152 | 62.05 | 53.40 | 54.29 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 2.75 | 2.47 | 3.68 | 7.11 | 0.24 | 0.10 | 1.77 |
| Net cash from operating activities | 4.21 | (4.92) | 12.23 | 4.05 | (2.31) | 0.88 | (0.33) |
| Net cash from investing activities | 2.49 | 2.47 | 21.18 | (20.92) | (5.76) | (0.61) | (1.16) |
| Net cash from financing activities | (7.11) | 2.73 | (34.63) | 13.44 | 11.96 | (0.13) | (0.18) |
| Net change in cash | (0.40) | 0.28 | (1.21) | (3.43) | 3.89 | 0.14 | (1.67) |
| Closing cash | 4.49 | 6.17 | 6.89 | 7.95 | 4.12 | 0.24 | 0.10 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -32.8% | +36.6% | -17.3% | +1668.2% | +131.9% | -31.8% | - |
| EBITDA growth | -101.9% | -15.6% | +47.5% | +1425.9% | -74.2% | +40.4% | - |
| PBT growth | - | -84.2% | +9998.0% | - | -77.1% | +600.0% | -94.1% |
| Net income growth | -925.0% | +165.9% | +43.7% | -2616.7% | -76.0% | +525.0% | - |
| Revenue CAGR (3Y) | -8.8% | +171.3% | +223.7% | +203.6% | +108.2% | +93.2% | +33.1% |
| EBITDA CAGR (3Y) | - | - | - | - | +19.1% | - | - |
| Profitability & leverage | |||||||
| Net income margin | -2.5% | +0.2% | +2.9% | -0.6% | +0.4% | +4.3% | +0.5% |
| Return on capital employed | - | +6.7% | +7.1% | 0.0% | +0.1% | +0.6% | +0.1% |
| Return on net worth | - | +0.8% | -1.3% | 0.0% | +0.1% | +0.5% | +0.1% |
| Debt / equity | - | 0.97 | 1.14 | 0.70 | 0.00 | 0.00 | 0.00 |
| Long-term debt / equity | - | 0.43 | 0.65 | 0.42 | 0.00 | 0.00 | 0.00 |
| Interest cover | -869.23 | 100.76 | 119.96 | 142.27 | 0.00 | 0.00 | 0.00 |
| Efficiency & per share | |||||||
| Fixed asset turnover | - | 6.25 | 3.41 | 6.59 | 2,708.00 | 0.00 | 0.00 |
| Inventory turnover | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debtors turnover | - | 3.88 | 2.97 | 7.30 | 8.76 | 3.12 | 3.71 |
| EPS (₹) | (0.36) | 0.05 | 0.44 | (0.12) | 0.01 | 0.14 | 0.02 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.05 |
| Book value per share (₹) | 0.00 | 5.12 | 5.07 | 4.91 | 4.97 | 30.46 | 30.97 |
To see the full year-wise statements and ratios of East West Freight Carriers Limited, buy the company report.
Board of directors of East West Freight Carriers Limited
East West Freight Carriers has 6 current directors and 16 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shafi Mohammad Also directs: Landmark Global Enviro-Care LLP, Marshal Mfg. & Exports LLP, Maxwell Mines Private Limited and 5 more | Director | 22 May 2018 | 8 Years 5 Months | Current |
| Ajaz Shafi Mohammed Also directs: Landmark Enviro-Care LLP, Landmark Global Enviro-Care LLP, Cardinal Customs Broker & Forwarder LLP and 5 more | Managing Director | 22 May 2018 | 8 Years 5 Months | Current |
| Suresh Gopinathan Menon | Whole-Time Director | 12 Aug 2022 | 4 Years 2 Months | Current |
| Suman Jhakal Also directs: Unique Airfreight Express and Logistics Private Limited | Director | 05 Sep 2022 | 4 Years 1 Months | Current |
| Rajesh Narendra Thakrar | Director | 10 Jan 2025 | 1 Years 9 Months | Current |
| Manish Satish Synghal Also directs: Manas Healthcare Private Limited, Dimaz Aviation Private Limited, Dimaz Transworld Private Limited and 1 more | Director | 01 Apr 2026 | 0 Years 6 Months | Current |
Peer comparison
East West Freight Carriers 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 (services incidental to land, water & air transportation), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Express Global Logistics Private Limited | ₹290.2 Cr (FY 2025) | 27.0% | Mumbai, Maharashtra, India | |||
| Hub and Links Logistics India Private Limited | ₹288.83 Cr (FY 2024) | -11.0% | Mumbai, Maharashtra, India | |||
| Sitics Logistic Solutions Private Limited | ₹281.77 Cr (FY 2024) | 31.0% | Palakkad, Kerala, India | |||
| East West Freight Carriers Limitedthis company | ₹201.63 Cr (FY 2026) | -₹3.98 Cr | -2% | -29.3% | Mumbai, Maharashtra, India |
To see the full peer comparison of East West Freight Carriers Limited, buy the company report.
Auditor
East West Freight Carriers Limited is audited by Mittal & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Mittal & Associates | FY 2023 | 106456W |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 60.30%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 39.70%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 60.30% | 60.30% | 60.30% | 60.30% |
| Public | 39.70% | 39.70% | 39.70% | 39.70% |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 May 2026 | 101293156 | Others | ₹1.99 Cr | Open | |
| 18 Nov 2024 | 101001580 | Axis Bank Limited | ₹40.08 Cr | Open | |
| 18 Sep 2023 | 100790619 | Others | ₹3.97 Cr | Open | |
| 14 Oct 2022 | 100621357 | Hdfc Bank Limited | ₹15 Cr | Open | |
| 10 Jun 2022 | 100608627 | Others | ₹25 Lakh | Open |
To see the full charge records of East West Freight Carriers Limited, buy the company report.
Total charge records: 10 View all charges
Legal cases
East West Freight Carriers Limited has 16 court cases on record: 15 filed by East West Freight Carriers, 1 filed against it. 13 cases are pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 14 | 0 | 11 |
| High courts | 2 | 1 | 2 |
Cases on record (5 of 16)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Interim or miscellaneous application | Filed by the company against Fernweh Orbit Exim LLP and 4 others | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Interim or miscellaneous application | Filed by the company against Fernweh Orbit Pvt Ltd and 7 others | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Private cases SS) | Filed by the company against M/S Dsa Airfreight Pvt Ltd and Ors and 3 others | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons warrent Cases SW) | Filed by the company against Ms Agil Freight Logistics Pvt Ltd and Others and 1 other | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons warrent Cases SW) | Filed by the company against Ms Swarna Mandir Exim Pvt Ltd | Pending |
To see the full case history of East West Freight Carriers Limited, buy 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
East West Freight Carriers Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 1 overdue payment to 1 micro and small supplier. 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 (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Satellite Corporate Services P Ltd |
To see the full MSME payment records of East West Freight Carriers Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
East West Freight Carriers has 2 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| East West Freight Carriers Limited | U63040MH1979PLC021648 | |
| Unique Airfreight Express and Logistics Private Limited | U64120MH1999PTC120669 |
To see the full group structure of East West Freight Carriers Limited, buy the company report.
GST
East West Freight Carriers has 7 GST registrations: 7 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCR5709R1ZN | Maharashtra | Active | 01 Jul 2017 |
| 36AAFCR5709R1ZO | Telangana | Active | 28 Aug 2024 |
| 07AAFCR5709R1ZP | Delhi | Active | 17 Sep 2024 |
| 33AAFCR5709R1ZU | Tamil Nadu | Active | 07 Oct 2024 |
To see the full GST registrations and return filing status of East West Freight Carriers Limited, buy the company report.
Recent activity
East West Freight Carriers Limited has 33 board changes on record since 1994: 21 appointments and 12 cessations. The latest: Manish Satish Synghal was appointed as Director on 01 Apr 2026.
39 earlier events are in the company report.
News
Frequently asked questions
East West Freight Carriers is an active public limited company based in Mumbai, Maharashtra, India. The company works in integrated and diversified logistics services, within the transport and logistics industry. It was incorporated on 25 August 1981 (45+ years old) and is registered under CIN L74110MH1981PLC298496. Listed on BSE: 540006 and NSE: EASTWEST.
East West Freight Carriers reported revenue of ₹201.63 Cr for FY 2025-26 (down 29.3% YoY) based on consolidated financials.
East West Freight Carriers has 6 current directors:
- Ajaz Shafi Mohammed - Managing Director
- Suresh Gopinathan Menon - Whole-Time Director
- Shafi Mohammad - Director
- Suman Jhakal - Director
- Rajesh Narendra Thakrar - Director
- Manish Satish Synghal - Director
The latest financial statements of East West Freight Carriers on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of East West Freight Carriers is 27AAFCR5709R1ZN, registered in Maharashtra. The company has 7 GST registrations in all, of which 7 are active. Other active GSTINs include 36AAFCR5709R1ZO (Telangana), 07AAFCR5709R1ZP (Delhi), 33AAFCR5709R1ZU (Tamil Nadu).
The CIN (Corporate Identification Number) of East West Freight Carriers is L74110MH1981PLC298496. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. East West Freight Carriers is a listed company as per MCA records. Its shares are listed on both BSE (code: 540006) and NSE (symbol: EASTWEST).
East West Freight Carriers has 16 court cases on record: 15 filed by the company and 1 filed against it. 13 are pending. Most are in the district courts.
East West Freight Carriers was incorporated on 25 August 1981, making it 45+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of East West Freight Carriers by revenue are Express Global Logistics Private Limited, Hub and Links Logistics India Private Limited, Sitics Logistic Solutions Private Limited, all in the Transport and Logistics industry (Diversified Logistics), with the same principal business activity (services incidental to land, water & air transportation).
Manish Satish Synghal was appointed as Director on 01 Apr 2026. Mohammad Saoodul Hasan ceased to be Director on 06 Mar 2025. Rajesh Narendra Thakrar was appointed as Director on 10 Jan 2025. East West Freight Carriers has 33 board changes on record in total.
East West Freight Carriers has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 1 overdue payment to 1 micro and small supplier. The latest return was filed on 04 Jun 2019.