About National Commodities Management Services Limited
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National Commodities Management Services Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Fih Mauritius Investments Ltd. It operates in the cold storage and warehousing services segment of the transport and logistics sector. It was incorporated on 28 September 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74140MH2004PLC148859. Its GSTIN is 27AACCN0054C1Z1 (Maharashtra). The company holds 40 GST registrations, of which 30 are active.
The company has an authorised share capital of ₹200 Cr and a paid-up capital of ₹171.94 Cr. It was formerly known as National Collateral Management Services Limited. It is led by directors including Sanjay Kumar Gupta (Managing Director) and Renu Kohli.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹279.25 Cr, a growth of 12% compared to the previous year. For the same year it recorded a net loss of ₹25.78 Cr (net margin -9.2%) and EBITDA of ₹39.89 Cr (EBITDA margin 14.3%). Revenue has declined at a compounded annual rate (CAGR) of 2% over three years and 21% over five years.
Its group structure includes 18 subsidiaries.
The company is associated with 2 brands: MktYard and National Collateral Management. As per MCA filings, the company has open charges of ₹629.95 Cr and satisfied charges of ₹2,052.37 Cr on record. Court records list 701 cases involving the company, including 556 filed by the company and 146 filed against it; 204 cases are pending. The company has 14 deals on record (5 funding rounds, 4 secondary share transfers, 2 debt financings), with disclosed funding of ₹1,009.36 Cr; the latest was in November 2023. Its 5 peer companies in the Transport and Logistics industry (Third Party Logistics), with the same principal business activity (warehousing and storage) are compared by revenue, 3 larger and 2 smaller; the largest is FM India Supply Chain Private Limited with revenue of ₹396.59 Cr. The company has 7 MSME Form 1 returns on record between 2022 and 2024, listing 754 overdue payments to 223 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ncml.com.
Company details
Contact details
National Commodities Management Services Limited's registered office is in Mumbai, Maharashtra. Its website is ncml.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressWework Vaswani Chambers 2nd Floor 264 – 265, Dr Annie Besant Rd Municipal Colony Worli Shivaji Nagar, Mumbai, Maharashtra, India – 400030
- IndustryTransport and Logistics, Cold Storage & Warehousing Services
To see the full contact details of National Commodities Management Services 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
Brands
National Commodities Management Services operates two associated brands: MktYard and National Collateral Management. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers a marketplace platform for multi-category services in agribusiness. | mktyard.com | |
| Post-harvest risk management and storage services are provided to farmers. | ncml.com |
Business activity
The main business activity of National Commodities Management Services is transport and storage. In detail, this covers warehousing and storage.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transport and storage | H6 | Warehousing and storage |
To see the full business activity and turnover split of National Commodities Management Services Limited, buy the company report.
Financials of National Commodities Management Services Limited
FY 2025 filings availableNational Commodities Management Services Limited reported revenue of ₹279.25 Cr (up 12% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 12% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 21%. 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹39.89 Cr | ||||
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| Net Profit (PAT) | -₹25.78 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 14.3% | ||||
| Net Profit Margin | -9.2% | ||||
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To see the full financial statements and ratios of National Commodities Management Services Limited, buy the company report.
Board of directors of National Commodities Management Services Limited
National Commodities Management Services has 5 current directors and 44 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sumit Maheshwari | Nominee Director | 26 Apr 2024 | 2 Years 6 Months | Current |
| Renu Kohli Also directs: NCML Finance Private Limited, CSB Bank Limited | Director | 30 May 2022 | 4 Years 4 Months | Current |
| Anish Thurthi Also directs: Anchorage Infrastructure Investments Holdings Limited, Digitide Solutions Limited, Quess Corp Limited and 1 more | Nominee Director | 24 May 2023 | 3 Years 5 Months | Current |
| Rajendran Chinna Veerappan Also directs: Finkurve Financial Services Limited, Share India Securities Limited., Hella Infra Market Limited and 1 more | Director | 24 May 2023 | 3 Years 5 Months | Current |
| Sanjay Kumar Gupta Also directs: NCML Finance Private Limited, NCML Bhattu Private Limited, NCML Palwal Private Limited and 3 more | Managing Director | 01 Jun 2022 | 4 Years 4 Months | Current |
Peer comparison
National Commodities Management Services Limited is compared with the 5 companies closest to it by revenue in the Transport and Logistics industry (Third Party Logistics), with the same principal business activity (warehousing and storage), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| FM India Supply Chain Private Limited | ₹396.59 Cr (FY 2025) | 9.0% | Pune, Maharashtra, India | |||
| Seabird Logisolutions Limited | ₹303.3 Cr (FY 2025) | 18.0% | Kalavad, Gujarat, India | |||
| K D Supply Chain Solutions Private Limited | ₹282.86 Cr (FY 2024) | 9.0% | Thane, Maharashtra, India | |||
| National Commodities Management Services Limitedthis company | ₹279.25 Cr (FY 2025) | -₹25.78 Cr | -9.2% | 12.0% | Mumbai, Maharashtra, India | |
| Riddhi Corporate Services Limited | ₹266.94 Cr (FY 2025) | 55.0% | Ahmedabad, Gujarat, India | |||
| Anvase Exim Private Limited | ₹235.56 Cr (FY 2025) | 30.0% | Bangalore, Karnataka, India |
To see the full peer comparison of National Commodities Management Services Limited, buy the company report.
Auditor
National Commodities Management Services Limited is audited by Walker Chandiok & Co LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Walker Chandiok & Co LLP | FY 2023 | 001076N/N500013 |
Shareholding
The shareholding of National Commodities Management Services 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of National Commodities Management Services Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Oct 2025 | 101199306 | Others | ₹1.25 Cr | Open | |
| 23 Mar 2023 | 100719196 | State Bank of India | ₹45 Cr | Open | |
| 25 Mar 2022 | 100551955 | Sbicap Trustee Company Limited | ₹45.5 Cr | Open | |
| 30 Mar 2021 | 100440069 | Others | ₹5.91 Cr | Open | |
| 12 Mar 2021 | 100429544 | Others | ₹20 Cr | Open |
To see the full charge records of National Commodities Management Services Limited, buy the company report.
Total charge records: 46 View all charges
Deals & funding
National Commodities Management Services Limited has 14 deals on record (5 funding rounds, 4 secondary share transfers, 2 debt financings), with disclosed funding of ₹1,009.36 Cr; the latest was in November 2023.
Deals on record (5 of 14)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2023 | Debt financing | ₹200 Cr | Investors: Fairfax India |
| May 2023 | Funding round | ₹34.78 Cr | Investors: Fairfax India |
| Mar 2020 | Debt financing | ₹320 Cr | Investors: Netherlands Development Finance Company |
| Sep 2015 | Secondary share transfer | Undisclosed | Buyer: Fairfax India Seller: HDFC Bank Limited |
| Aug 2015 | Secondary share transfer | Undisclosed | Buyer: Fairfax India Seller: Kalyx Business Advisory Services Private Limited |
To see the full deal history of National Commodities Management Services Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
National Commodities Management Services Limited has 701 court cases on record: 556 filed by National Commodities Management Services, 146 filed against it. 204 cases are pending and 497 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 509 | 99 | 170 |
| High courts | 183 | 40 | 32 |
| Supreme Court | 8 | 6 | 2 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 701)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, RAICHUR, Karnataka | Criminal complaint | Filed against the company by National Commodities Management Services Limited (Formerly) National Collateral Management Service | Pending |
| District court, Ranchi, Jharkhand | Commercial matter | Filed against the company by Jay Guru Parboiled Rice Mill Pvt Ltd | Pending |
| District court, Ranchi, Jharkhand | Commercial matter | Filed against the company by Ms Samriddhi Rice Mill Pvt Ltd Through Amit Kumar Sekhsaria | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed against the company by Ruchi Worldwide Ltd. | Pending |
| Bombay High Court | Arbitration matter | Filed against the company by Skylark Feeds Private Limited | Disposed |
To see the full case history of National Commodities Management Services 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
National Commodities Management Services Limited was last rated by Icra on 18 Dec 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 18 Dec 2020 |
To see the full credit ratings and regulatory alerts of National Commodities Management Services Limited, buy the company report.
MSME payment delays
National Commodities Management Services Limited has 7 MSME Form 1 returns on record between 2022 and 2024, listing 754 overdue payments to 223 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 223)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| Shri Jalaram Enterprise | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of National Commodities Management Services Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
National Commodities Management Services has 18 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| NCML Faizabad Private Limited | U01100HR2017PTC067123 | |
| NCML Basti Private Limited | U01100HR2017PTC067139 | |
| NCML Bhattu Private Limited | U01100HR2017PTC067165 | |
| NCML Palwal Private Limited | U01100HR2017PTC067169 | |
| NCML Sonepat Private Limited | U01100HR2017PTC067202 | |
| NCML Bettiah Private Limited | U01100HR2017PTC067264 |
To see the full group structure of National Commodities Management Services Limited, buy the company report.
GST
National Commodities Management Services has 40 GST registrations: 30 active and 10 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCN0054C1Z1 | Maharashtra | Active | 01 Jul 2017 |
| 27AACCN0054C3ZZ | Maharashtra | Active | 10 Sep 2017 |
| 03AACCN0054C1ZB | Punjab | Active | 01 Jul 2017 |
| 06AACCN0054C1Z5 | Haryana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of National Commodities Management Services Limited, buy the company report.
Recent activity
National Commodities Management Services Limited has 46 board changes on record since 2008: 7 appointments and 39 cessations. The latest: Nandan Bisoi was appointed as Company Secretary on 07 Jun 2024.
134 earlier events are in the company report.
News
Frequently asked questions
National Commodities Management Services is an active public limited company based in Mumbai, Maharashtra, India. The company works in cold storage and warehousing services, within the transport and logistics industry. It was incorporated on 28 September 2004 (22+ years old) and is registered under CIN U74140MH2004PLC148859.
National Commodities Management Services has 5 current directors:
- Sanjay Kumar Gupta - Managing Director
- Sumit Maheshwari - Nominee Director
- Renu Kohli - Director
- Anish Thurthi - Nominee Director
- Rajendran Chinna Veerappan - Director
The latest financial statements of National Commodities Management Services on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of National Commodities Management Services is 27AACCN0054C1Z1, registered in Maharashtra. The company has 40 GST registrations in all, of which 30 are active and 10 are cancelled or inactive. Other active GSTINs include 27AACCN0054C3ZZ (Maharashtra), 03AACCN0054C1ZB (Punjab), 06AACCN0054C1Z5 (Haryana).
The CIN (Corporate Identification Number) of National Commodities Management Services is U74140MH2004PLC148859. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
National Commodities Management Services has 701 court cases on record: 556 filed by the company and 146 filed against it. 204 are pending. Most are in the district courts.
National Commodities Management Services was incorporated on 28 September 2004, making it 22+ years old. It is registered with the Registrar of Companies, Mumbai.
National Commodities Management Services has 14 deals on record (5 funding rounds, 4 secondary share transfers, 2 debt financings), with disclosed funding of ₹1,009.36 Cr; the latest was in November 2023.
The peers of National Commodities Management Services by revenue are FM India Supply Chain Private Limited, Seabird Logisolutions Limited, K D Supply Chain Solutions Private Limited, Riddhi Corporate Services Limited, Anvase Exim Private Limited, all in the Transport and Logistics industry (Third Party Logistics), with the same principal business activity (warehousing and storage).
Nandan Bisoi was appointed as Company Secretary on 07 Jun 2024. Chandran Ratnaswami ceased to be Nominee Director on 10 May 2024. Sumit Maheshwari was appointed as Nominee Director on 26 Apr 2024. National Commodities Management Services has 46 board changes on record in total.
National Commodities Management Services has 7 MSME Form 1 returns on record between 2022 and 2024, listing 754 overdue payments to 223 micro and small suppliers. The latest return was filed on 30 Apr 2024.
National Commodities Management Services can be reached through the website ncml.com. Its registered office is in Mumbai, Maharashtra, India.