MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-26-0056807
Ncube Logistics Solution India Private Limited - transport and logistics in Erandwane, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹16.83 Cr
▼ 4% YoY
Net profit · FY 2024
₹13.77 Lakh
Net margin 0.8%
EBITDA · FY 2024
₹46.18 Lakh
EBITDA margin 2.7%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Open charges
₹97.18 Lakh
Satisfied ₹91.4 Lakh
Company age
10 yrs
Est. 2016
Employees · EPFO
39
Provident fund records
About Ncube Logistics Solution India Private Limited
Data last updated:
Ncube Logistics Solution India Private Limited is a private limited company based in Erandwane, Maharashtra, India. It operates in the integrated logistics and supply chain solutions segment of the transport and logistics sector. It was incorporated on 02 June 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U74999PN2016PTC164827. Its GSTIN is 27AAFCN2605Q1Z4 (Maharashtra). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Vijay Chinnappan Gounder (Managing Director) and Devendra Chaudhry.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Fl – 01 Aviva Apts Cts 33/29 Lane – 3 Prabhat Rd Erandwana, Erandwane, Maharashtra, India – 411004.
As per the financials filed for FY 2024, the company reported a revenue of ₹16.83 Cr, a decline of 4% compared to the previous year. For the same year it recorded a net profit of ₹13.77 Lakh (net margin 0.8%) and EBITDA of ₹46.18 Lakh (EBITDA margin 2.7%). Revenue has grown at a compounded annual rate (CAGR) of 71% over three years and 8% over five years.
The company has about 39 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹97.18 Lakh and satisfied charges of ₹91.4 Lakh on record. Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.
Ncube Logistics Solution India Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0056807). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ncubelogistics.in.
Company Details of Ncube Logistics Solution India Private Limited
CIN U74999PN2016PTC164827
Registration Number 164827
Incorporation Date 02 June 2016
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-26-0056807
Key People
Vijay Chinnappan Gounder Managing Director Devendra Chaudhry Director Triselvi Vijay Gounder Director Recognitions & Rankings of Ncube Logistics Solution India
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressFl – 01 Aviva Apts Cts 33/29 Lane – 3 Prabhat Rd Erandwana, Erandwane, Maharashtra, India – 411004
- IndustryTransport and Logistics, Integrated & Diversified Logistics Services
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Business Activity of Ncube Logistics Solution India Private Limited
The main business activity of Ncube Logistics Solution India is transport and storage. In detail, this covers services incidental to land, water & air transportation.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| H | Transport and storage | H5 | Services incidental to land, water & air transportation | Locked |
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Turnover share and past changes in activity are in the company report.
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Financials of Ncube Logistics Solution India Private Limited FY 2024 filings available
Ncube Logistics Solution India Private Limited reported revenue of ₹16.83 Cr (down 4% YoY) for FY 2024.
Revenue · FY 2024
₹16.83 Cr ▼ 4%
Net profit · FY 2024
₹13.77 Lakh margin 0.8%
EBITDA · FY 2024
₹46.18 Lakh margin 2.7%
Compounded Annual Growth Rate (CAGR) of Ncube Logistics Solution India Private Limited
Revenue CAGR growth
1 year
▼ 4%
3 years · compounded
▲ 71%
5 years · compounded
▲ 8%
EBITDA CAGR growth
1 year
▲ 19%
3 years · compounded
▲ 56%
5 years · compounded
▲ 13%
Revenue fell 4% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 8%. EBITDA rose 19% 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 Ncube Logistics Solution India Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹46.18 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹13.77 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 Ncube Logistics Solution India Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.8% | •••• | •••• | •••• | •••• |
| 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 Ncube Logistics Solution India are in the company report.
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Financial statements from FY 2017
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Board of Directors of Ncube Logistics Solution India Private Limited
Ncube Logistics Solution India has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vijay Chinnappan Gounder | Managing Director | 02 Jun 2016 | 10 Years 4 Months | Current |
| Devendra Chaudhry | Director | 27 Jul 2024 | 2 Years 2 Months | Current |
| Triselvi Vijay Gounder Also directs: Adler Shipping Line Private Limited | Director | 19 Sep 2019 | 7 Years 1 Months | Current |
Peer Comparison of Ncube Logistics Solution India Private Limited
Ncube Logistics Solution India Private Limited is compared with the companies closest to it by revenue in the Transport and Logistics industry (Diversified Logistics). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Truckhall Private Limited | ₹16.91 Cr (FY 2025) | •••• | •••• | 43.0% | •••• | Kolkata, West Bengal, India |
| Bruhat Logistics Private Limited | ₹16.89 Cr (FY 2024) | •••• | •••• | -19.0% | •••• | Chennai, Tamil Nadu, India |
| Petra Global Logistics Private Limited | ₹16.89 Cr (FY 2025) | •••• | •••• | 50.0% | •••• | New Delhi, Delhi, India |
| Akash Ganga Supply Chain Limited | ₹16.89 Cr (FY 2025) | •••• | •••• | 7.0% | •••• | Faridabad, Haryana, India |
| Mohit Roadlines Private Limited | ₹16.85 Cr (FY 2025) | •••• | •••• | 45.0% | •••• | Gurgaon, Haryana, India |
| Ncube Logistics Solution India Private Limited this company | ₹16.83 Cr (FY 2024) | •••• | •••• | -4.0% | •••• | Erandwane, Maharashtra, India |
| Imex Shipping & Logistics (India) Private Limited | ₹16.82 Cr (FY 2025) | •••• | •••• | 889.0% | •••• | Navi Mumbai, Maharashtra, India |
| Kost Logistics Consultants Freight India Private Limited | ₹16.82 Cr (FY 2025) | •••• | •••• | 141.0% | •••• | Faridabad, Haryana, India |
| Aquarius Maritime Private Limited | ₹16.82 Cr (FY 2025) | •••• | •••• | 1215.0% | •••• | Mumbai, Maharashtra, India |
| S R C Express Cargo Private Limited | ₹16.8 Cr (FY 2023) | •••• | •••• | 4.0% | •••• | Mumbai, Maharashtra, India |
| J N P Cargo Movers Private Limited | ₹16.78 Cr (FY 2024) | •••• | •••• | 62.0% | •••• | Nagpur, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Ncube Logistics Solution India by revenue in the Transport and Logistics industry (Diversified Logistics), 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 Ncube Logistics Solution India Private Limited
Ncube Logistics Solution India Private Limited is audited by Gundeti Nirmal & Co. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Gundeti Nirmal & Co. | Locked | Locked | Locked |
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Ownership and Shareholding of Ncube Logistics Solution India Private Limited
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Charges & Borrowings of Ncube Logistics Solution India Private Limited
Open charges
₹97.18 Lakh
Satisfied charges
₹91.4 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 Nov 2025 | Others | ₹19.54 Lakh | Open |
| 20 Sep 2024 | Hdfc Bank Limited | ₹6.72 Lakh | Open |
| 13 Sep 2024 | Hdfc Bank Limited | ₹25.38 Lakh | Open |
| 04 Feb 2023 | Hdfc Bank Limited | ₹19.05 Lakh | Open |
| 17 May 2021 | Hdfc Bank Limited | ₹26.5 Lakh | Open |
Total charge records: 7 View all charges
Legal Cases of Ncube Logistics Solution India Private Limited
Ncube Logistics Solution India Private Limited has 1 court case on record: 1 filed against it. All case is pending. Status as checked on 21 Sep 2026.
Total cases
1
Filed against the company
1
Pending
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Commercial matter | Filed against the company by Tulsidas Khimji Private Limited | Pending |
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All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
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Employees and EPFO Compliance at Ncube Logistics Solution India Private Limited
Ncube Logistics Solution India Private Limited has a workforce of 39 employees as of Apr 06, 2024.
Employee count
39
Active EPFO establishments
1
Employee growth
5.41%
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Ncube Logistics Solution India Private Limited
Ncube Logistics Solution India Private Limited has 10 board changes on record since 2016: 3 appointments and 7 cessations. The latest: Devendra Chaudhry ceased to be Additional Director on 29 Sep 2024.
Charges
A charge with Others amounted to Rs. 19.54 Lakh with Charge ID 101227677 was registered on 26 Nov 2025.
Charges
A charge registered on 20 Jun 2018 via Charge ID 100184365 with Others was fully satisfied on 31 Dec 2024.
AGM
Ncube Logistics Solution India Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Ceased
Devendra Chaudhry ceased to be Additional Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 6.72 Lakh with Charge ID 101090942 was registered on 20 Sep 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 25.38 Lakh with Charge ID 101028584 was registered on 13 Sep 2024.
Appointed
Devendra Chaudhry was appointed as Director.
Charges
A charge registered on 17 Nov 2021 via Charge ID 100505199 with Hdfc Bank Limited was fully satisfied on 15 May 2024.
Filing
Ncube Logistics Solution India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.
Ceased
Kripen Mahalakshimi ceased to be Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 19.05 Lakh with Charge ID 100720181 was registered on 04 Feb 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 19.45 Lakh with Charge ID 100505199 was registered on 17 Nov 2021.
11 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Ncube Logistics Solution India Private Limited
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MSME Payment Delays by Ncube Logistics Solution India Private Limited
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Subsidiaries & Group Companies of Ncube Logistics Solution India Private Limited
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GST Compliance of Ncube Logistics Solution India Private Limited
Ncube Logistics Solution India has 3 GST registrations: 3 active.
Total GSTINs
3
Active
3
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCN2605Q1Z4 | Maharashtra | Active | 01 Jul 2017 |
| 33AAFCN2605Q1ZB | Tamil Nadu | Active | 08 Jul 2021 |
| 07AAFCN2605Q1Z6 | Delhi | Active | 21 Sep 2021 |
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MCA Filings & Documents of Ncube Logistics Solution India Private Limited
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Frequently Asked Questions about Ncube Logistics Solution India Private Limited
Ncube Logistics Solution India is an active private limited company based in Erandwane, Maharashtra, India. The company works in integrated and diversified logistics services, within the transport and logistics industry. It was incorporated on 02 June 2016 (10+ years old) and is registered under CIN U74999PN2016PTC164827.
Ncube Logistics Solution India reported revenue of ₹16.83 Cr for FY 2024 (down 4% YoY).
Ncube Logistics Solution India has 3 current directors:
- Vijay Chinnappan Gounder - Managing Director
- Devendra Chaudhry - Director
- Triselvi Vijay Gounder - Director
Ncube Logistics Solution India reported a net profit of ₹13.77 Lakh (net margin 0.8%) and EBITDA of ₹46.18 Lakh (EBITDA margin 2.7%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Ncube Logistics Solution India is 71% over three years and 8% over five years. In the latest year (FY 2024) revenue fell 4%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Ncube Logistics Solution India is 27AAFCN2605Q1Z4, registered in Maharashtra. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 33AAFCN2605Q1ZB (Tamil Nadu), 07AAFCN2605Q1Z6 (Delhi).
The CIN (Corporate Identification Number) of Ncube Logistics Solution India is U74999PN2016PTC164827. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ncube Logistics Solution India has 1 court case on record: 1 filed against it. 1 is pending.
Ncube Logistics Solution India was incorporated on 02 June 2016, making it 10+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Ncube Logistics Solution India by revenue are Truckhall Private Limited, Bruhat Logistics Private Limited, Petra Global Logistics Private Limited, Akash Ganga Supply Chain Limited, Mohit Roadlines Private Limited and 5 more, all in the Transport and Logistics industry (Diversified Logistics).
Devendra Chaudhry ceased to be Additional Director on 29 Sep 2024. Devendra Chaudhry was appointed as Director on 27 Jul 2024. Kripen Mahalakshimi ceased to be Director on 03 Oct 2023. Ncube Logistics Solution India has 10 board changes on record in total.