Ncube Logistics Solution India Private Limited

Ncube Logistics Solution India Private Limited - transport and logistics in Erandwane, Maharashtra, India. FY 2026 financials & compliance.
CIN U74999PN2016PTC164827 Incorporated 02 June 2016 ROC Pune HQ Erandwane, Maharashtra, India
Active Private Limited Company transport and logistics MSME · Small
Data last updated
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 2 cases involving the company, including 2 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

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

Recognitions & Rankings of Ncube Logistics Solution India

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-MH-26-0056807

Contact details

Ncube Logistics Solution India Private Limited's registered office is in Erandwane, Maharashtra. Its website is ncubelogistics.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    Fl – 01 Aviva Apts Cts 33/29 Lane – 3 Prabhat Rd Erandwana, Erandwane, Maharashtra, India – 411004
  • Industry
    Transport and Logistics, Integrated & Diversified Logistics Services

To see the full contact details of Ncube Logistics Solution India Private Limited, buy the company report.

Comprehensive company report
Ncube Logistics Solution India 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 Ncube Logistics Solution India 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 Ncube Logistics Solution India Private Limited, buy the company report.

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)

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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin2.7%
Net Profit Margin0.8%
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

To see the full financial statements and ratios of Ncube Logistics Solution India Private Limited, buy the company report.

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
NameDesignationAppointment DateTenureStatus
Vijay Chinnappan GounderManaging Director02 Jun 201610 Years 4 MonthsCurrent
Devendra ChaudhryDirector27 Jul 20242 Years 2 MonthsCurrent
Triselvi Vijay GounderDirector19 Sep 20197 Years 1 MonthsCurrent

Peer comparison

Ncube Logistics Solution India 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
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
Ncube Logistics Solution India Private Limitedthis company₹16.83 Cr (FY 2024)₹13.77 Lakh0.8%-4.0%39Erandwane, Maharashtra, India
J N P Cargo Movers Private Limited₹16.78 Cr (FY 2024)62.0%Nagpur, Maharashtra, India

To see the full peer comparison of Ncube Logistics Solution India Private Limited, buy the company report.

Auditor

Ncube Logistics Solution India Private Limited is audited by Gundeti Nirmal & Co. for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Gundeti Nirmal & Co.FY 2023138484W

Shareholding

The shareholding of Ncube Logistics Solution India 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 Ncube Logistics Solution India Private Limited, buy the company report.

Charges & borrowings

Open charges
₹97.18 Lakh
Satisfied charges
₹91.4 Lakh
Breakdown by lending institutions
Hdfc Bank Limited₹0.78 Cr
Others₹0.20 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
26 Nov 2025101227677Others₹19.54 LakhOpen
20 Sep 2024101090942Hdfc Bank Limited₹6.72 LakhOpen
13 Sep 2024101028584Hdfc Bank Limited₹25.38 LakhOpen
04 Feb 2023100720181Hdfc Bank Limited₹19.05 LakhOpen
17 May 2021100455223Hdfc Bank Limited₹26.5 LakhOpen

To see the full charge records of Ncube Logistics Solution India Private Limited, buy the company report.

Total charge records: 7 View all charges

MSME payment delays

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

Employees & EPFO

Ncube Logistics Solution India Private Limited has a workforce of 39 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.

Employee count
39
Active EPFO establishments
1
Employee growth
5.41%

GST

Ncube Logistics Solution India has 3 GST registrations: 3 active.

Total GSTINs
3
Active
3
GSTINStateStatusRegistered on
27AAFCN2605Q1Z4MaharashtraActive01 Jul 2017
33AAFCN2605Q1ZBTamil NaduActive08 Jul 2021
07AAFCN2605Q1Z6DelhiActive21 Sep 2021

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

Recent activity

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 in the company report.

Frequently asked questions

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 has 3 current directors:

The latest financial statements of Ncube Logistics Solution India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2017 are in the company report.

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 2 court cases on record: 2 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 Bruhat Logistics Private Limited, Petra Global Logistics Private Limited, J N P Cargo Movers Private Limited, all in the Transport and Logistics industry (Diversified Logistics), with the same principal business activity (services incidental to land, water & air transportation).

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.

Yes, Ncube Logistics Solution India is registered as a small enterprise under Udyam registration (number: UDYAM-MH-26-0056807).

Ncube Logistics Solution India can be reached through the website ncubelogistics.in. Its registered office is in Erandwane, Maharashtra, India.