Mudita Express Cargo Private Limited

Mudita Express Cargo Private Limited - transport and logistics in New Delhi, Delhi, India. FY 2026 financials & compliance.
CIN U63011DL1999PTC099418 Incorporated 22 April 1999 ROC Delhi HQ New Delhi, Delhi, India
Active Private Limited Company transport and logistics MSME · Medium
Data last updated
Revenue · FY 2023
₹85.61 Cr
▼ 2% YoY
Net loss · FY 2023
₹14.42 Lakh
Net margin -0.2%
EBITDA · FY 2023
₹47.79 Lakh
EBITDA margin 0.6%
Authorised capital
₹4 Cr
Registered with MCA
Paid-up capital
₹3.56 Cr
Issued & subscribed
Open charges
₹14.64 Cr
Satisfied ₹2.31 Cr
Company age
27 yrs
Est. 1999
Directors on board
2
As per MCA filings

About Mudita Express Cargo Private Limited

Data last updated:

Mudita Express Cargo 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 22 April 1999 and has been in existence for over 27 years.

The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U63011DL1999PTC099418. Its GSTIN is 07AADCM3657R1ZT (Delhi). The company holds 21 GST registrations, of which 17 are active.

The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹3.56 Cr. It is led by directors Amit Gulati and Nidhi Gulati.

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 M – 66 II Floor G K Part II, New Delhi, Delhi, India – 110048.

As per the financials filed for FY 2023, the company reported a revenue of ₹85.61 Cr, a decline of 2% compared to the previous year. For the same year it recorded a net loss of ₹14.42 Lakh (net margin -0.2%) and EBITDA of ₹47.79 Lakh (EBITDA margin 0.6%). Revenue has grown at a compounded annual rate (CAGR) of 7% over five years.

As per MCA filings, the company has open charges of ₹14.64 Cr and satisfied charges of ₹2.31 Cr on record. Court records list 28 cases involving the company, including 18 filed by the company and 10 filed against it; 4 cases are pending. The company has 2 deals on record (2 rights issues); the latest was in December 2016. Its 3 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, 2 larger and 1 smaller; the largest is Dev Carrier & Minerals Private Limited with revenue of ₹86.12 Cr. The company has 10 MSME Form 1 returns on record between 2019 and 2023, listing 804 overdue payments to 70 micro and small suppliers.

Mudita Express Cargo Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-08-0017791). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website muditacargo.com.

Company details

CIN U63011DL1999PTC099418
Registration Number 099418
Incorporation Date 22 April 1999
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-DL-08-0017791
Key People
Amit Gulati Director Nidhi Gulati Director

Recognitions & Rankings of Mudita Express Cargo

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-DL-08-0017791

Contact details

Mudita Express Cargo Private Limited's registered office is in New Delhi, Delhi. Its website is muditacargo.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    muditacargo.com
  • Registered Address
    M – 66 II Floor G K Part II, New Delhi, Delhi, India – 110048
  • Industry
    Transport and Logistics, Integrated & Diversified Logistics Services

To see the full contact details of Mudita Express Cargo Private Limited, buy the company report.

Comprehensive company report
Mudita Express Cargo 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 Mudita Express Cargo 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 Mudita Express Cargo Private Limited, buy the company report.

Financials of Mudita Express Cargo Private Limited

FY 2023 filings available

Mudita Express Cargo Private Limited reported revenue of ₹85.61 Cr (down 2% YoY) for FY 2023.

Revenue · FY 2023
₹85.61 Cr ▼ 2%
Net loss · FY 2023
₹14.42 Lakh margin -0.2%
EBITDA · FY 2023
₹47.79 Lakh margin 0.6%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 2%
5 years · compounded
▲ 7%
EBITDA CAGR growth
1 year
▲ 107%
3 years · compounded
▼ 51%
5 years · compounded
▼ 17%

Revenue fell 2% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 7%. EBITDA rose 107% 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 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹85.61 Cr
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹47.79 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹14.42 Lakh
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 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin0.6%
Net Profit Margin-0.2%
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 Mudita Express Cargo Private Limited, buy the company report.

Board of directors of Mudita Express Cargo Private Limited

Mudita Express Cargo has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Amit GulatiDirector22 Apr 199927 Years 6 MonthsCurrent
Nidhi GulatiDirector22 Apr 199927 Years 6 MonthsCurrent
View all directors

Peer comparison

Mudita Express Cargo Private 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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Dev Carrier & Minerals Private Limited₹86.12 Cr (FY 2024)163.0%Jajpur Road, Odisha, India
Divvya CPP Private Limited₹86.08 Cr (FY 2025)55.0%Pune, Maharashtra, India
Mudita Express Cargo Private Limitedthis company₹85.61 Cr (FY 2023)-₹14.42 Lakh-0.2%-2.0%New Delhi, Delhi, India
Cavalier Logistics Private Limited₹85.51 Cr (FY 2025)7.0%Faridabad, Haryana, India

To see the full peer comparison of Mudita Express Cargo Private Limited, buy the company report.

Auditor

Mudita Express Cargo Private Limited is audited by MCA & Associates for the financial year 2023.

Auditor firmFinancial yearFirm registration number
MCA & AssociatesFY 2023023614N

Shareholding

The shareholding of Mudita Express Cargo Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Mudita Express Cargo Private Limited, buy the company report.

Charges & borrowings

Open charges
₹14.64 Cr
Satisfied charges
₹2.31 Cr
Breakdown by lending institutions
The South Indian Bank Limited₹9.22 Cr
Hdfc Bank Limited₹5.42 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
09 Dec 2024101026134The South Indian Bank Limited₹7 LakhOpen
23 Feb 2023100679889The South Indian Bank Limited₹10 LakhOpen
15 Feb 2023100679884The South Indian Bank Limited₹8 LakhOpen
02 Apr 2022100555503The South Indian Bank Limited₹82 LakhOpen
01 Nov 2021100502576The South Indian Bank Limited₹15 LakhOpen

To see the full charge records of Mudita Express Cargo Private Limited, buy the company report.

Total charge records: 11 View all charges

Deals & funding

Mudita Express Cargo Private Limited has 2 deals on record (2 rights issues); the latest was in December 2016.

Total deals
2
Rights issues
2

Deals on record (2 of 2)

WhenDealAmountParties
Dec 2016Rights issue₹3.46 CrInvestors: an individual
Aug 2014Rights issue₹18 LakhInvestors: an individual

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

MSME payment delays

Mudita Express Cargo Private Limited has 10 MSME Form 1 returns on record between 2019 and 2023, listing 804 overdue payments to 70 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 70)

SupplierAmount dueDue sinceReported on
an individual supplier
an individual supplier
SPD Trans Solutions
an individual supplier
Faarms Global Tech Venture Private Limited

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

Individuals and sole proprietors among the suppliers are not named.

GST

Mudita Express Cargo has 21 GST registrations: 17 active and 4 cancelled or inactive. The first 4 active GSTINs are listed below.

Total GSTINs
21
Active
17
Cancelled / inactive
4
GSTINStateStatusRegistered on
07AADCM3657R1ZTDelhiActive01 Jul 2017
07AADCM3657R2ZSDelhiActive01 Apr 2025
24AADCM3657R1ZXGujaratActive01 May 2018
03AADCM3657R1Z1PunjabActive01 Jun 2018

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

Recent activity

Mudita Express Cargo Private Limited has 2 board changes on record since 1999: 2 appointments. The latest: Amit Gulati was appointed as Director on 22 Apr 1999.

Charges
A charge with The South Indian Bank Limited amounted to Rs. 0.07 Cr with Charge ID 101026134 was registered on 09 Dec 2024.
AGM
Mudita Express Cargo Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Mudita Express Cargo Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.
Charges
A charge with The South Indian Bank Limited amounted to Rs. 0.10 Cr with Charge ID 100679889 was registered on 23 Feb 2023.
Charges
A charge with The South Indian Bank Limited amounted to Rs. 0.08 Cr with Charge ID 100679884 was registered on 15 Feb 2023.
Charges
A charge with The South Indian Bank Limited amounted to Rs. 0.82 Cr with Charge ID 100555503 was registered on 02 Apr 2022.
Charges
A charge with The South Indian Bank Limited amounted to Rs. 0.15 Cr with Charge ID 100502576 was registered on 01 Nov 2021.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 5.42 Cr with Charge ID 100443207 was registered on 17 Feb 2021.
Charges
A charge with The South Indian Bank Limited amounted to Rs. 0.47 Cr with Charge ID 100390176 was registered on 27 Oct 2020.
Charges
A charge with The South Indian Bank Limited amounted to Rs. 0.62 Cr with Charge ID 100377425 was registered on 19 Sep 2020.
Charges
A charge registered on 30 Jan 2019 via Charge ID 100240245 with The South Indian Bank Limited was fully satisfied on 18 Jul 2020.
Charges
A charge registered on 18 Apr 2017 via Charge ID 100097039 with The South Indian Bank Limited was fully satisfied on 18 Jul 2020.

7 earlier events are in the company report.

News

Frequently asked questions

Mudita Express Cargo 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 22 April 1999 (27+ years old) and is registered under CIN U63011DL1999PTC099418.

Mudita Express Cargo has 2 current directors:

The latest financial statements of Mudita Express Cargo 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 Mudita Express Cargo is 07AADCM3657R1ZT, registered in Delhi. The company has 21 GST registrations in all, of which 17 are active and 4 are cancelled or inactive. Other active GSTINs include 07AADCM3657R2ZS (Delhi), 24AADCM3657R1ZX (Gujarat), 03AADCM3657R1Z1 (Punjab).

The CIN (Corporate Identification Number) of Mudita Express Cargo is U63011DL1999PTC099418. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Mudita Express Cargo has 28 court cases on record: 18 filed by the company and 10 filed against it. 4 are pending. Most are in the district courts.

Mudita Express Cargo was incorporated on 22 April 1999, making it 27+ years old. It is registered with the Registrar of Companies, Delhi.

Mudita Express Cargo has 2 deals on record (2 rights issues); the latest was in December 2016.

The peers of Mudita Express Cargo by revenue are Dev Carrier & Minerals Private Limited, Divvya CPP Private Limited, Cavalier Logistics Private Limited, all in the Transport and Logistics industry (Diversified Logistics), with the same principal business activity (services incidental to land, water & air transportation).

Amit Gulati was appointed as Director on 22 Apr 1999. Nidhi Gulati was appointed as Director on 22 Apr 1999.

Yes, Mudita Express Cargo is registered as a medium enterprise under Udyam registration (number: UDYAM-DL-08-0017791).

Mudita Express Cargo has 10 MSME Form 1 returns on record between 2019 and 2023, listing 804 overdue payments to 70 micro and small suppliers. The latest return was filed on 29 Aug 2023.