Express Global Logistics Private Limited

Express Global Logistics Private Limited - transport and logistics in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U63090MH1946PTC004733 Incorporated 12 January 1946 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company transport and logistics
Data last updated
Revenue · FY 2025
₹290.2 Cr
▲ 27% YoY
Net loss · FY 2025
₹11.13 Cr
Net margin -3.8%
EBITDA · FY 2025
₹10.69 Cr
EBITDA margin 3.7%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹22.8 Lakh
Issued & subscribed
Open charges
₹73.67 Cr
Satisfied ₹43.96 Cr
Company age
80 yrs
Est. 1946
Employees · EPFO
302
Provident fund records

About Express Global Logistics Private Limited

Data last updated:

Express Global Logistics Private Limited is a private 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 12 January 1946 and has been in existence for over 80 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U63090MH1946PTC004733. Its GSTIN is 27AAACE2632F1Z2 (Maharashtra). The company holds 8 GST registrations, of which 7 are active.

The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹22.8 Lakh. It was formerly known as Express Transport Private Limited. It is led by directors including Nailesh Vinod Gandhi (Managing Director) and Satyen Ashwin Gandhi (Whole-Time Director).

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 17 Western India House2Nd Floor Sir P M Road Fort, Mumbai, Maharashtra, India – 400001.

As per the financials filed for FY 2025, the company reported a revenue of ₹290.2 Cr, a growth of 27% compared to the previous year. For the same year it recorded a net loss of ₹11.13 Cr (net margin -3.8%) and EBITDA of ₹10.69 Cr (EBITDA margin 3.7%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 15% over five years.

The company has about 302 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.

The company is associated with 1 brand: Express World. As per MCA filings, the company has open charges of ₹73.67 Cr and satisfied charges of ₹43.96 Cr on record. Court records list 64 cases involving the company, including 29 filed by the company and 35 filed against it; 8 cases are pending. The company has 6 deals on record (6 secondary share transfers); the latest was in March 2024. Its 5 peer companies in the Transport and Logistics industry (Diversified Logistics), with the same principal business activity (services incidental to land, water & air transportation) are compared by revenue, 3 larger and 2 smaller; the largest is 20Cube Logistics Private Limited with revenue of ₹297.78 Cr. The company has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 6 overdue payments to 3 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 expressworld.com.

Company details

CIN U63090MH1946PTC004733
Registration Number 004733
Incorporation Date 12 January 1946
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant

Contact details

Express Global Logistics Private Limited's registered office is in Mumbai, Maharashtra. Its website is expressworld.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    17 Western India House2Nd Floor Sir P M Road Fort, Mumbai, Maharashtra, India – 400001
  • Industry
    Transport and Logistics, Integrated & Diversified Logistics Services

To see the full contact details of Express Global Logistics Private Limited, buy the company report.

Comprehensive company report
Express Global Logistics 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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Brands

Express Global Logistics operates one associated brand: Express World. Each brand links to its own profile.

BrandDescriptionWebsite
B2B platform offering heavy machinery on rental basisexpressworld.com

Business activity

The main business activity of Express Global Logistics is transport and storage. In detail, this covers services incidental to land, water & air transportation.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
HTransport and storageH5Services incidental to land, water & air transportation

To see the full business activity and turnover split of Express Global Logistics Private Limited, buy the company report.

Financials of Express Global Logistics Private Limited

FY 2024 filings available

Express Global Logistics Private Limited reported revenue of ₹290.2 Cr (up 27% YoY) for FY 2025.

Revenue · FY 2025
₹290.2 Cr ▲ 27%
Net loss · FY 2025
₹11.13 Cr margin -3.8%
EBITDA · FY 2025
₹10.69 Cr margin 3.7%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 27%
3 years · compounded
▲ 12%
5 years · compounded
▲ 15%
EBITDA CAGR growth
1 year
▼ 36%
3 years · compounded
▲ 37%
5 years · compounded
▲ 10%

Revenue has grown at a compounded annual rate (CAGR) of 15% over five years, including 27% growth in the latest year. EBITDA fell 36% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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₹10.69 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹11.13 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin3.7%
Net Profit Margin-3.8%
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 Express Global Logistics Private Limited, buy the company report.

Board of directors of Express Global Logistics Private Limited

Express Global Logistics has 7 current directors and 19 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Rakesh Kiritbhai GandhiDirector11 Jun 201412 Years 4 MonthsCurrent
Nirav Vinod GandhiDirector11 Jun 201412 Years 4 MonthsCurrent
Satyen Ashwin GandhiWhole-Time Director11 Jun 201412 Years 4 MonthsCurrent
Nailesh Vinod GandhiManaging Director05 May 20251 Years 5 MonthsCurrent
Keyur Vinod GandhiWhole-Time Director01 Jun 200125 Years 4 MonthsCurrent
Hiren Ashwin GandhiDirector11 Jun 201412 Years 4 MonthsCurrent
Showing 6 of 7 current directors. View all directors

Peer comparison

Express Global Logistics Private Limited is compared with the 5 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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
20Cube Logistics Private Limited₹297.78 Cr (FY 2022)80.0%Chennai, Tamil Nadu, India
Transys Global Forwarding Private Limited₹294.33 Cr (FY 2025)25.0%Bangalore, Karnataka, India
Kotak Global Logistics Private Limited₹294.14 Cr (FY 2025)25.0%Mumbai, Maharashtra, India
Express Global Logistics Private Limitedthis company₹290.2 Cr (FY 2025)-₹11.13 Cr-3.8%27.0%302Mumbai, Maharashtra, India
Hub and Links Logistics India Private Limited₹288.83 Cr (FY 2024)-11.0%Mumbai, Maharashtra, India
East West Freight Carriers Limited₹286.6 Cr (FY 2025)32.0%Mumbai, Maharashtra, India

To see the full peer comparison of Express Global Logistics Private Limited, buy the company report.

Auditor

Express Global Logistics Private Limited is audited by Rashmi Zaveri and Co. for the financial year 2024.

Auditor firmFinancial yearFirm registration number
Rashmi Zaveri and Co.FY 2024108683W

Shareholding

The shareholding of Express Global Logistics Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2024FY 2023FY 2022FY 2021FY 2020
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Express Global Logistics Private Limited, buy the company report.

Charges & borrowings

Open charges
₹73.67 Cr
Satisfied charges
₹43.96 Cr
Breakdown by lending institutions
Hdfc Bank Limited₹40.58 Cr
Others₹33.09 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
28 Nov 2024101017046Hdfc Bank Limited₹29 CrOpen
11 Sep 2024100981583Hdfc Bank Limited₹2.07 CrOpen
05 Mar 2024100883540Hdfc Bank Limited₹53.77 LakhOpen
15 Feb 2024100869420Hdfc Bank Limited₹54.45 LakhOpen
02 Aug 2023100764794Hdfc Bank Limited₹1.35 CrOpen

To see the full charge records of Express Global Logistics Private Limited, buy the company report.

Total charge records: 23 View all charges

Deals & funding

Express Global Logistics Private Limited has 6 deals on record (6 secondary share transfers); the latest was in March 2024.

Total deals
6
Secondary share transfers
6

Deals on record (5 of 6)

WhenDealAmountParties
Mar 2024Secondary share transferUndisclosedBuyer: 2 individuals
Seller: Ashwin R Gandhi HUF
Apr 2022Secondary share transferUndisclosedBuyer: an individual
Seller: an individual
Mar 2018Secondary share transferUndisclosedBuyer: 2 individuals
Seller: 2 individuals
Mar 2015Secondary share transferUndisclosedBuyer: 4 individuals
Seller: 4 individuals
May 2013Secondary share transferUndisclosedBuyer: Satyen Ashwin Gandhi Huf, Rakesh K Gandhi Huf, Hetal K Gandhi Huf, an individual
Seller: 2 individuals

To see the full deal history of Express Global Logistics Private Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

Express Global Logistics Private Limited has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 6 overdue payments to 3 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 (3 of 3)

SupplierAmount dueDue sinceReported on
Godi Seal Kamgar Sahakari Sanstha Ltd
an individual supplier
Unigoods India Carriers Private Limited

To see the full MSME payment records of Express Global Logistics Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Group structure & subsidiaries

Express Global Logistics has 2 subsidiary companies. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.

2
Subsidiary companies
Key subsidiaries
Company NameCINShares held
Megaload Private LimitedU60200MH2022PTC395261
Exm Project Movers Private LimitedU63000MH2008PTC188331

To see the full group structure of Express Global Logistics Private Limited, buy the company report.

Employees & EPFO

Express Global Logistics Private Limited has a workforce of 302 employees on its EPFO records as of Nov 27, 2024, across 2 active EPFO establishments.

Employee count
302
Active EPFO establishments
2
Employee growth
18.9%

GST

Express Global Logistics has 8 GST registrations: 7 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.

Total GSTINs
8
Active
7
Cancelled / inactive
1
GSTINStateStatusRegistered on
27AAACE2632F1Z2MaharashtraActive01 Jul 2017
27AAACE2632F2Z1MaharashtraActive12 Jul 2024
07AAACE2632F1Z4DelhiActive01 Jul 2017
19AAACE2632F1ZZWest BengalActive01 Jul 2017

To see the full GST registrations and return filing status of Express Global Logistics Private Limited, buy the company report.

Recent activity

Express Global Logistics Private Limited has 26 board changes on record since 1972: 7 appointments and 19 cessations. The latest: Nailesh Vinod Gandhi was appointed as Managing Director on 05 May 2025.

Appointed
Nailesh Vinod Gandhi was appointed as Managing Director.
Charges
A charge registered on 19 Apr 2010 via Charge ID 10222152 with Others was fully satisfied on 05 Mar 2025.
Ceased
Ashwin Ramanlal Gandhi ceased to be Director.
Ceased
Kirit Ramanlal Gandhi ceased to be Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 2,900.00 Lakh with Charge ID 101017046 was registered on 28 Nov 2024.
AGM
Express Global Logistics Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 207.17 Lakh with Charge ID 100981583 was registered on 11 Sep 2024.
Filing
Express Global Logistics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 53.77 Lakh with Charge ID 100883540 was registered on 05 Mar 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 54.45 Lakh with Charge ID 100869420 was registered on 15 Feb 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 135.00 Lakh with Charge ID 100764794 was registered on 02 Aug 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 472.00 Lakh with Charge ID 100764790 was registered on 02 Aug 2023.

49 earlier events are in the company report.

News

EXG completes silencer export
20 Jan 2020 · Heavyliftpfi
It's a 'steel' for EXG
10 May 2019 · Heavy Lift & Project Forwarding International
EXG in vaporiser move
26 Apr 2019 · Heavy Lift & Project Forwarding International

Frequently asked questions

Express Global Logistics is an active private 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 12 January 1946 (80+ years old) and is registered under CIN U63090MH1946PTC004733.

Express Global Logistics has 7 current directors:

The latest financial statements of Express Global Logistics on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.

The GSTIN of Express Global Logistics is 27AAACE2632F1Z2, registered in Maharashtra. The company has 8 GST registrations in all, of which 7 are active and 1 is cancelled or inactive. Other active GSTINs include 27AAACE2632F2Z1 (Maharashtra), 07AAACE2632F1Z4 (Delhi), 19AAACE2632F1ZZ (West Bengal).

The CIN (Corporate Identification Number) of Express Global Logistics is U63090MH1946PTC004733. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Express Global Logistics has 64 court cases on record: 29 filed by the company and 35 filed against it. 8 are pending. Most are in the high courts.

Express Global Logistics was incorporated on 12 January 1946, making it 80+ years old. It is registered with the Registrar of Companies, Mumbai.

Express Global Logistics has 6 deals on record (6 secondary share transfers); the latest was in March 2024.

The peers of Express Global Logistics by revenue are 20Cube Logistics Private Limited, Transys Global Forwarding Private Limited, Kotak Global Logistics Private Limited, Hub and Links Logistics India Private Limited, East West Freight Carriers Limited, all in the Transport and Logistics industry (Diversified Logistics), with the same principal business activity (services incidental to land, water & air transportation).

Nailesh Vinod Gandhi was appointed as Managing Director on 05 May 2025. Ashwin Ramanlal Gandhi ceased to be Director on 03 Feb 2025. Kirit Ramanlal Gandhi ceased to be Director on 03 Feb 2025. Express Global Logistics has 26 board changes on record in total.

Express Global Logistics has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 6 overdue payments to 3 micro and small suppliers. The latest return was filed on 21 May 2019.

Express Global Logistics can be reached through the website expressworld.com. Its registered office is in Mumbai, Maharashtra, India.