
About Multimodal Forwarders Private Limited
Data last updated:
Multimodal Forwarders Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the carrying and forwarding agents (cfa) segment of the transport and logistics sector. It was incorporated on 18 February 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U63090MH1994PTC076668. Its GSTIN is 27AACCM4066D1ZO (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Asha Ashok Bhagat and Ashok Kashinath Bhagat.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at A – 1 Roy Apartmentv K Menon Marg Sahar Road Andheri (E), Mumbai, Maharashtra, India – 400099.
As per the financials filed for FY 2025, the company reported a revenue of ₹59.8 Lakh, a decline of 2% compared to the previous year. For the same year it recorded a net loss of ₹3.42 Lakh (net margin -5.7%) and EBITDA of -₹2.03 Lakh (EBITDA margin -3.4%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 1% over five years.
The company has about 7 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹26,000 on record. Court records list 1 case involving the company.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website multimodal-forwarders-private.business.site.
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- Registered AddressA – 1 Roy Apartmentv K Menon Marg Sahar Road Andheri (E), Mumbai, Maharashtra, India – 400099
- IndustryTransport and Logistics, Carrying & Forwarding Agents (CFA)
- 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
- One PDF report, delivered after checkout
Business Activity of Multimodal Forwarders Private Limited
The main business activity of Multimodal Forwarders is transportation and storage. In detail, this covers warehousing and support activities for transportation.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| H | Transportation and storage | 52 | Warehousing and support activities for transportation | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Multimodal Forwarders Private Limited FY 2025 filings available
Multimodal Forwarders Private Limited reported revenue of ₹59.8 Lakh (down 2% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Multimodal Forwarders Private Limited
Revenue fell 2% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 1%. EBITDA fell 139% 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 of Multimodal Forwarders Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 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 | -₹2.03 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹3.42 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 of Multimodal Forwarders Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -3.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -5.7% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Multimodal Forwarders are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Multimodal Forwarders Private Limited
Multimodal Forwarders 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 |
|---|---|---|---|---|
| Asha Ashok Bhagat | Director | 01 Jul 2006 | 20 Years 3 Months | Current |
| Ashok Kashinath Bhagat | Director | 18 Feb 1994 | 32 Years 8 Months | Current |
| Kunda Kashinath Bhagat | Director | 07 Mar 2001 | 25 Years 7 Months | Current |
Peer Comparison of Multimodal Forwarders Private Limited
Multimodal Forwarders Private Limited is compared with the companies closest to it by revenue in the Transport and Logistics industry (Carrying and Forwarding Agents). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Alerio Logistics Private Limited | ₹61 Lakh (FY 2024) | •••• | •••• | -71.0% | •••• | Delhi, India |
| Swift Multimodal Solutions Private Limited | ₹60.73 Lakh (FY 2024) | •••• | •••• | 21342.0% | •••• | Chennai, Tamil Nadu, India |
| Saark Customs Private Limited | ₹60.71 Lakh (FY 2024) | •••• | •••• | 383.0% | •••• | Thane, Maharashtra, India |
| Venus Shipping (Cha) Private Limited | ₹60.23 Lakh (FY 2025) | •••• | •••• | •••• | Bangalore, Karnataka, India | |
| Skyliners Transhipment Private Limited | ₹60.05 Lakh (FY 2021) | •••• | •••• | 1053.0% | •••• | Delhi, India |
| Multimodal Forwarders Private Limited this company | ₹59.8 Lakh (FY 2025) | •••• | •••• | -2.0% | •••• | Mumbai, Maharashtra, India |
| VKM Logistics Private Limited | ₹59.5 Lakh (FY 2020) | •••• | •••• | 629.0% | •••• | Mahipalpur Extn, Delhi, India |
| Highrise Distributors Private Limited | ₹59.11 Lakh (FY 2024) | •••• | •••• | 16.0% | •••• | Lucknow, Uttar Pradesh, India |
| Micropark Distributors Private Limited | ₹59.05 Lakh (FY 2024) | •••• | •••• | 4.0% | •••• | Nagpur, Maharashtra, India |
| B D A Enterprises Private Limited | ₹59.03 Lakh (FY 2025) | •••• | •••• | 3.0% | •••• | Kanpur, Uttar Pradesh, India |
| Rajesh Clearing and Forwarding Private Limited | ₹58.84 Lakh (FY 2025) | •••• | •••• | 2.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Multimodal Forwarders by revenue in the Transport and Logistics industry (Carrying and Forwarding Agents), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Multimodal Forwarders Private Limited
Multimodal Forwarders Private Limited is audited by SHETTY NAIK & ASSOCIATES for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SHETTY NAIK & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Multimodal Forwarders Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Multimodal Forwarders Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 01 Jul 2003 | The Sarasawat Co-Op. Bank Limited | ₹26,000 | Open |
Total charge records: 1 View all charges
Legal Cases of Multimodal Forwarders Private Limited
Multimodal Forwarders Private Limited has 1 court case on record: 1 where it is another party. All case is disposed. Status as checked on 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Khurda, Odisha | Civil suit | Company is another party | Disposed |
Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Multimodal Forwarders Private Limited
Multimodal Forwarders Private Limited has a workforce of 7 employees as of Mar 23, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Multimodal Forwarders Private Limited
Multimodal Forwarders Private Limited has 4 board changes on record since 1994: 3 appointments and 1 cessation. The latest: Hemavati Kashinath Bhagat ceased to be Director on 07 Aug 2019.
Credit Ratings, Litigation & Regulatory Alerts for Multimodal Forwarders Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Multimodal Forwarders Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Multimodal Forwarders Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Multimodal Forwarders Private Limited
Multimodal Forwarders has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCM4066D1ZO | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Multimodal Forwarders Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Multimodal Forwarders Private Limited
Multimodal Forwarders is an active private limited company based in Mumbai, Maharashtra, India. The company works in carrying and forwarding agents (cfa), within the transport and logistics industry. It was incorporated on 18 February 1994 (32+ years old) and is registered under CIN U63090MH1994PTC076668.
Multimodal Forwarders reported revenue of ₹59.8 Lakh for FY 2025 (down 2% YoY).
Multimodal Forwarders has 3 current directors:
- Asha Ashok Bhagat - Director
- Ashok Kashinath Bhagat - Director
- Kunda Kashinath Bhagat - Director
Multimodal Forwarders reported a net loss of ₹3.42 Lakh (net margin -5.7%) and EBITDA of -₹2.03 Lakh (EBITDA margin -3.4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Multimodal Forwarders is 6% over three years and 1% over five years. In the latest year (FY 2025) revenue fell 2%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Multimodal Forwarders is 27AACCM4066D1ZO, registered in Maharashtra.
The CIN (Corporate Identification Number) of Multimodal Forwarders is U63090MH1994PTC076668. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Multimodal Forwarders has 1 court case on record.
Multimodal Forwarders was incorporated on 18 February 1994, making it 32+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Multimodal Forwarders by revenue are Alerio Logistics Private Limited, Swift Multimodal Solutions Private Limited, Saark Customs Private Limited, Venus Shipping (Cha) Private Limited, Skyliners Transhipment Private Limited and 5 more, all in the Transport and Logistics industry (Carrying and Forwarding Agents).
Hemavati Kashinath Bhagat ceased to be Director on 07 Aug 2019. Asha Ashok Bhagat was appointed as Director on 01 Jul 2006. Kunda Kashinath Bhagat was appointed as Director on 07 Mar 2001. Multimodal Forwarders has 4 board changes on record in total.