About Times Express Services Private Limited
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Times Express Services Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the integrated logistics and supply chain solutions segment of the transport and logistics sector. It was incorporated on 27 February 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U63010DL1998PTC092466. Its GSTIN is 07AABCT0386L1Z4 (Delhi).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Prabhat Kumar and Sanjay Narang.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Cb – 385 First Floor Ring Road Naraina, New Delhi, Delhi, India – 110028.
As per the financials filed for FY 2022, the company reported a revenue of ₹34.89 Cr, a growth of 38% compared to the previous year. For the same year it recorded a net profit of ₹52.45 Lakh (net margin 1.5%) and EBITDA of ₹96.01 Lakh (EBITDA margin 2.8%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years and 13% over five years.
As per MCA filings, the company has open charges of ₹15 Lakh on record. Court records list 9 cases involving the company, including 6 filed by the company and 3 filed against it; 8 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 timesexpress.in.
Company details
CIN history
Times Express Services has one previous CIN (Corporate Identification Number): U99999DL1998PTC092466. The current CIN is U63010DL1998PTC092466, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U63010DL1998PTC092466 | Current |
| U99999DL1998PTC092466 | Previous |
Contact details
Times Express Services Private Limited's registered office is in New Delhi, Delhi. Its website is timesexpress.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressCb – 385 First Floor Ring Road Naraina, New Delhi, Delhi, India – 110028
- IndustryTransport and Logistics, Integrated & Diversified Logistics Services
To see the full contact details of Times Express Services 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 Times Express Services 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 Times Express Services Private Limited, buy the company report.
Financials of Times Express Services Private Limited
FY 2023 filings availableTimes Express Services Private Limited reported revenue of ₹34.89 Cr (up 38% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 13% over five years, including 38% growth in the latest year. EBITDA rose 58% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA | ₹96.01 Lakh | ||||
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| Net Profit (PAT) | ₹52.45 Lakh | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.8% | ||||
| Net Profit Margin | 1.5% | ||||
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To see the full financial statements and ratios of Times Express Services Private Limited, buy the company report.
Board of directors of Times Express Services Private Limited
Times Express Services has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prabhat Kumar | Director | 27 Feb 1998 | 28 Years 7 Months | Current |
| Sanjay Narang | Director | 27 Feb 1998 | 28 Years 7 Months | Current |
| Vikas Saluja | Director | 27 Feb 1998 | 28 Years 7 Months | Current |
Auditor
Times Express Services Private Limited is audited by THAKUR BHUWANESH & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| THAKUR BHUWANESH & ASSOCIATES | FY 2020 | 019690N |
Shareholding
The shareholding of Times Express Services Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Times Express Services Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Jul 2020 | 100368213 | Others | ₹15 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Times Express Services Private Limited has 9 court cases on record: 6 filed by Times Express Services, 3 filed against it. 8 cases are pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 9 | 3 | 8 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, New Delhi, Delhi | Civil suit | Filed against the company by New Fangled Logistics Pvt Ltd | Pending |
| District court, New Delhi, Delhi | Criminal case | Filed by the company against M/S B Four Express Pvt Ltd | Pending |
| District court, New Delhi, Delhi | Cheque dishonour complaint | Filed by the company against M/S B Four Express Pvt Ltd | Pending |
| District court, South West, Delhi | Civil suit | Filed against the company by State | Pending |
| District court, South West, Delhi | Civil suit | Filed against the company by State | Disposed |
To see the full case history of Times Express Services 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Times Express Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Times Express Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AABCT0386L1Z4 | Delhi | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Times Express Services Private Limited, buy the company report.
Recent activity
Times Express Services Private Limited has 3 board changes on record since 1998: 3 appointments. The latest: Prabhat Kumar was appointed as Director on 27 Feb 1998.
Frequently asked questions
Times Express Services is an active private limited company based in New Delhi, Delhi, India. The company works in integrated and diversified logistics services, within the transport and logistics industry. It was incorporated on 27 February 1998 (28+ years old) and is registered under CIN U63010DL1998PTC092466.
Times Express Services has 3 current directors:
- Prabhat Kumar - Director
- Sanjay Narang - Director
- Vikas Saluja - Director
The latest financial statements of Times Express Services on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Times Express Services is 07AABCT0386L1Z4, registered in Delhi.
The CIN (Corporate Identification Number) of Times Express Services is U63010DL1998PTC092466. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Times Express Services has 9 court cases on record: 6 filed by the company and 3 filed against it. 8 are pending.
Times Express Services was incorporated on 27 February 1998, making it 28+ years old. It is registered with the Registrar of Companies, Delhi.
Prabhat Kumar was appointed as Director on 27 Feb 1998. Sanjay Narang was appointed as Director on 27 Feb 1998. Vikas Saluja was appointed as Director on 27 Feb 1998.
Times Express Services can be reached through the website timesexpress.in. Its registered office is in New Delhi, Delhi, India.
The registered office of Times Express Services is at Cb – 385 First Floor Ring Road Naraina, New Delhi, Delhi, India – 110028.