About Time Saving Couriers Private Limited
Data last updated:
Time Saving Couriers Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the express logistics segment of the transport and logistics sector. It was incorporated on 13 January 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U60300MH1994PTC076051. Its GSTIN is 27AAACT9074C1ZB (Maharashtra).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹13 Lakh. It is led by directors including Chris John Gracias and Suhail Mohammed Syed.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.61 Cr, a decline of 91% compared to the previous year. For the same year it recorded a net loss of ₹5.61 Lakh (net margin -2.1%) and EBITDA of ₹7.63 Lakh (EBITDA margin 2.9%). Revenue has declined at a compounded annual rate (CAGR) of 37% over three years and 36% over five years.
The company has about 10 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹25 Cr and satisfied charges of ₹50 Lakh on record. Court records list 1 case involving the company, including 1 filed by the company; 1 case is 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 timesavingcouriers.com.
Company details
Contact details
Time Saving Couriers Private Limited's registered office is in Mumbai, Maharashtra. Its website is timesavingcouriers.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressBuilding No 1 First Floor Unit No 103 Sona Udyog Premises Csl, Parsi Panchayat Road Andheri East, Mumbai, Maharashtra, India – 400069
- IndustryTransport and Logistics, Express Logistics
To see the full contact details of Time Saving Couriers 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 Time Saving Couriers is transport and storage. In detail, this covers postal & courier activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transport and storage | H7 | Postal & Courier activities |
To see the full business activity and turnover split of Time Saving Couriers Private Limited, buy the company report.
Financials of Time Saving Couriers Private Limited
FY 2025 filings availableTime Saving Couriers Private Limited reported revenue of ₹2.61 Cr (down 91% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 36% over five years, including a 91% fall in the latest year. EBITDA fell 92% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹7.63 Lakh | ||||
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| Net Profit (PAT) | -₹5.61 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 2.9% | ||||
| Net Profit Margin | -2.1% | ||||
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To see the full financial statements and ratios of Time Saving Couriers Private Limited, buy the company report.
Board of directors of Time Saving Couriers Private Limited
Time Saving Couriers has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chris John Gracias Also directs: Holiday Recreations Villas LLP, S2c International LLP, Pace Export (India) Private Limited and 3 more | Director | 14 Jan 1998 | 28 Years 9 Months | Current |
| Suhail Mohammed Syed | Director | 05 May 2016 | 10 Years 5 Months | Current |
| Daphyne Smitesh More | Director | 05 May 2016 | 10 Years 5 Months | Current |
Peer comparison
Time Saving Couriers Private Limited is compared with the 3 companies closest to it by revenue 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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Deskmate Global Express India Private Limited | ₹2.65 Cr (FY 2025) | 7843.0% | Ekkattuthangal, Tamil Nadu, India | |||
| Time Saving Couriers Private Limitedthis company | ₹2.61 Cr (FY 2024) | -₹5.61 Lakh | -2.1% | -91.0% | 10 | Mumbai, Maharashtra, India |
| Shree Shyam Air Services Private Limited | ₹2.55 Cr (FY 2025) | -4.0% | Kolkata, West Bengal, India | |||
| Yash Express and Logistics Private Limited | ₹2.54 Cr (FY 2019) | 16.0% | Kalyan, Maharashtra, India |
To see the full peer comparison of Time Saving Couriers Private Limited, buy the company report.
Auditor
Time Saving Couriers Private Limited is audited by L D MOR & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| L D MOR & CO | FY 2023 | 139140W |
Shareholding
The shareholding of Time Saving Couriers Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Time Saving Couriers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Jun 2025 | 101121827 | Others | ₹15 Cr | Open | |
| 10 Jul 2023 | 100776243 | Others | ₹10 Cr | Open | |
| 23 Mar 2016 | 100018343 | Others | ₹45 Lakh | Satisfied | |
| 21 Feb 2005 | 90152644 | Citicorp Credit Op. Bank Ltd. | ₹5 Lakh | Satisfied |
To see the full charge records of Time Saving Couriers Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Time Saving Couriers Private Limited has 1 court case on record: 1 filed by Time Saving Couriers. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Cases) | Filed by the company against Whopper Online Services Pvt. Ltd. and 3 others | Pending |
To see the full case history of Time Saving Couriers Private 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.
Credit ratings & regulatory alerts
Time Saving Couriers Private Limited was last rated by Crisil on 12 Dec 2019.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 12 Dec 2019 |
To see the full credit ratings and regulatory alerts of Time Saving Couriers Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Time Saving Couriers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Time Saving Couriers Private Limited has a workforce of 10 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.
GST
Time Saving Couriers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACT9074C1ZB | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Time Saving Couriers Private Limited, buy the company report.
Recent activity
Time Saving Couriers Private Limited has 5 board changes on record since 1994: 4 appointments and 1 cessation. The latest: Daphyne Smitesh More was appointed as Director on 05 May 2016.
2 earlier events are in the company report.
Frequently asked questions
Time Saving Couriers 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 13 January 1994 (32+ years old) and is registered under CIN U60300MH1994PTC076051.
Time Saving Couriers has 3 current directors:
- Chris John Gracias - Director
- Suhail Mohammed Syed - Director
- Daphyne Smitesh More - Director
The latest financial statements of Time Saving Couriers 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 2015 are in the company report.
The GSTIN of Time Saving Couriers is 27AAACT9074C1ZB, registered in Maharashtra.
The CIN (Corporate Identification Number) of Time Saving Couriers is U60300MH1994PTC076051. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Time Saving Couriers has 1 court case on record: 1 filed by the company. 1 is pending.
Time Saving Couriers was incorporated on 13 January 1994, making it 32+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Time Saving Couriers by revenue are Deskmate Global Express India Private Limited, Shree Shyam Air Services Private Limited, Yash Express and Logistics Private Limited, all in the Transport and Logistics industry (Express Logistics), with the same principal business activity (postal & courier activities).
Daphyne Smitesh More was appointed as Director on 05 May 2016. Prabha Chris Gracias ceased to be Director on 05 May 2016. Suhail Mohammed Syed was appointed as Director on 05 May 2016. Time Saving Couriers has 5 board changes on record in total.
Time Saving Couriers can be reached through the website timesavingcouriers.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Time Saving Couriers is at Building No 1 First Floor Unit No 103 Sona Udyog Premises Csl, Parsi Panchayat Road Andheri East, Mumbai, Maharashtra, India – 400069.
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