Musale Logistics Private Limited

Musale Logistics Private Limited - transport and logistics in Thane, Maharashtra, India. FY 2026 financials & compliance.
CIN U63020MH1996PTC102535 Incorporated 12 September 1996 ROC Mumbai HQ Thane, Maharashtra, India
Active Private Limited Company transport and logistics MSME · Small
Data last updated
Revenue · FY 2025
₹28.35 Cr
▲ 13% YoY
Net profit · FY 2025
₹2.05 Cr
Net margin 7.2%
EBITDA · FY 2025
₹5.41 Cr
EBITDA margin 19.1%
Authorised capital
₹20 Lakh
Registered with MCA
Paid-up capital
₹18.22 Lakh
Issued & subscribed
Open charges
₹15.37 Cr
Secured borrowings
Company age
30 yrs
Est. 1996
Employees · EPFO
147
Provident fund records

About Musale Logistics Private Limited

Data last updated:

Musale Logistics Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the integrated logistics and supply chain solutions segment of the transport and logistics sector. It was incorporated on 12 September 1996 and has been in existence for over 30 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U63020MH1996PTC102535. Its GSTIN is 27AAECM3371P1ZZ (Maharashtra).

The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹18.22 Lakh. It is led by directors Madhukar Rangrao Musale (Managing Director) and Vandana Madhukar Musale.

Its last annual general meeting (AGM) was held on 25 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 208 Jai Commercial Complexeastern Express Highway Opp Cadbury Factory, Thane, Maharashtra, India – 400601.

As per the financials filed for FY 2025, the company reported a revenue of ₹28.35 Cr, a growth of 13% compared to the previous year. For the same year it recorded a net profit of ₹2.05 Cr (net margin 7.2%) and EBITDA of ₹5.41 Cr (EBITDA margin 19.1%). Revenue has grown at a compounded annual rate (CAGR) of 30% over three years and 29% over five years.

The company has about 147 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹15.37 Cr on record.

Musale Logistics Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0049652). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website musalelogistics.com.

Company details

CIN U63020MH1996PTC102535
Registration Number 102535
Incorporation Date 12 September 1996
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 25 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-33-0049652

CIN history

Musale Logistics has one previous CIN (Corporate Identification Number): U99999MH1996PTC102535. The current CIN is U63020MH1996PTC102535, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U63020MH1996PTC102535Current
U99999MH1996PTC102535Previous
Key People
Madhukar Rangrao Musale Managing Director Vandana Madhukar Musale Director

Recognitions & Rankings of Musale Logistics

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-MH-33-0049652

Contact details

Musale Logistics Private Limited's registered office is in Thane, Maharashtra. Its website is musalelogistics.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    musalelogistics.com
  • Registered Address
    208 Jai Commercial Complexeastern Express Highway Opp Cadbury Factory, Thane, Maharashtra, India – 400601
  • Industry
    Transport and Logistics, Integrated & Diversified Logistics Services

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

Comprehensive company report
Musale 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Business activity

The main business activity of Musale Logistics is professional, scientific and technical activities. In detail, this covers other professional, scientific and technical activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
MProfessional, scientific and technical activities74Other professional, scientific and technical activities

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

Financials of Musale Logistics Private Limited

FY 2025 filings available

Musale Logistics Private Limited reported revenue of ₹28.35 Cr (up 13% YoY) for FY 2025.

Revenue · FY 2025
₹28.35 Cr ▲ 13%
Net profit · FY 2025
₹2.05 Cr margin 7.2%
EBITDA · FY 2025
₹5.41 Cr margin 19.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 13%
3 years · compounded
▲ 30%
5 years · compounded
▲ 29%
EBITDA CAGR growth
1 year
▲ 70%
3 years · compounded
▲ 39%
5 years · compounded
▲ 32%

Revenue has grown at a compounded annual rate (CAGR) of 29% over five years, including 13% growth in the latest year. EBITDA rose 70% 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₹5.41 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹2.05 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 Margin19.1%
Net Profit Margin7.2%
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 Musale Logistics Private Limited, buy the company report.

Board of directors of Musale Logistics Private Limited

Musale Logistics has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Vandana Madhukar MusaleDirector12 Sep 199630 Years 1 MonthsCurrent
Madhukar Rangrao MusaleManaging Director12 Sep 199630 Years 1 MonthsCurrent
View all directors

Auditor

Musale Logistics Private Limited is audited by B R JAJOO & CO for the financial year 2023.

Auditor firmFinancial yearFirm registration number
B R JAJOO & COFY 20230104000W

Shareholding

The shareholding of Musale Logistics 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 Musale Logistics Private Limited, buy the company report.

Charges & borrowings

Open charges
₹15.37 Cr
Satisfied charges
None
Breakdown by lending institutions
Others₹9.09 Cr
Hdfc Bank Limited₹4.35 Cr
Tjsb Sahakari Bank Limited₹1.51 Cr
The Thane Janata Sahakari Bank Limited₹0.32 Cr
The Thane Janata Sahakari Bank Ltd.₹0.10 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
03 Feb 2024100905607Hdfc Bank Limited₹2.73 CrOpen
18 Jan 2024100849391Others₹1 CrOpen
08 Jan 2024100842749Others₹40.86 LakhOpen
13 Sep 2023100778078Tjsb Sahakari Bank Limited₹40 LakhOpen
08 May 2023100747251Hdfc Bank Limited₹33.79 LakhOpen

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

Total charge records: 27 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Musale Logistics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Musale Logistics Private Limited has a workforce of 147 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.

Employee count
147
Active EPFO establishments
1
Employee growth
40%

GST

Musale Logistics has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAECM3371P1ZZMaharashtraActive01 Jul 2017

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

Recent activity

Musale Logistics Private Limited has 2 board changes on record since 1996: 2 appointments. The latest: Madhukar Rangrao Musale was appointed as Managing Director on 12 Sep 1996.

AGM
Musale Logistics Private Limited last Annual general meeting of members was held on 25 Sep 2025 as per latest MCA records.
Filing
Musale Logistics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 272.50 Lakh with Charge ID 100905607 was registered on 03 Feb 2024.
Charges
A charge with Others amounted to Rs. 100.00 Lakh with Charge ID 100849391 was registered on 18 Jan 2024.
Charges
A charge with Others amounted to Rs. 40.86 Lakh with Charge ID 100842749 was registered on 08 Jan 2024.
Charges
A charge with Tjsb Sahakari Bank Limited amounted to Rs. 40.00 Lakh with Charge ID 100778078 was registered on 13 Sep 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 33.79 Lakh with Charge ID 100747251 was registered on 08 May 2023.
Charges
A charge with Tjsb Sahakari Bank Limited of Rs. 100.00 Lakh registered on 19 Dec 2000 with Charge ID 90147588 was modified on 27 Mar 2023.
Charges
A charge with Others amounted to Rs. 188.00 Lakh with Charge ID 100650904 was registered on 01 Dec 2022.
Charges
A charge with Others amounted to Rs. 97.55 Lakh with Charge ID 100628276 was registered on 27 Oct 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 15.54 Lakh with Charge ID 100613876 was registered on 22 Sep 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 96.00 Lakh with Charge ID 100603728 was registered on 18 Aug 2022.

21 earlier events are in the company report.

Frequently asked questions

Musale Logistics is an active private limited company based in Thane, Maharashtra, India. The company works in integrated and diversified logistics services, within the transport and logistics industry. It was incorporated on 12 September 1996 (30+ years old) and is registered under CIN U63020MH1996PTC102535.

Musale Logistics has 2 current directors:

The latest financial statements of Musale Logistics on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 25 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Musale Logistics is 27AAECM3371P1ZZ, registered in Maharashtra.

The CIN (Corporate Identification Number) of Musale Logistics is U63020MH1996PTC102535. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Musale Logistics was incorporated on 12 September 1996, making it 30+ years old. It is registered with the Registrar of Companies, Mumbai.

Madhukar Rangrao Musale was appointed as Managing Director on 12 Sep 1996. Vandana Madhukar Musale was appointed as Director on 12 Sep 1996.

Yes, Musale Logistics is registered as a small enterprise under Udyam registration (number: UDYAM-MH-33-0049652).

Musale Logistics can be reached through the website musalelogistics.com. Its registered office is in Thane, Maharashtra, India.

The registered office of Musale Logistics is at 208 Jai Commercial Complexeastern Express Highway Opp Cadbury Factory, Thane, Maharashtra, India – 400601.