About Needs (India) Private Limited
Data last updated:
Needs (India) Private Limited is a private limited company based in Cuttack Sadar, Odisha, India. It operates in the carrying and forwarding agents (cfa) segment of the transport and logistics sector. It was incorporated on 03 April 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U51909OR2012PTC015188. Its GSTIN is 21AADCN9573B1ZO (Odisha).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹25 Lakh. It is led by directors including Sagar Kumar Dhal (Managing Director) and Rajlaxmi Dhal.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Cuttack Sadar, Odisha.
As per the financials filed for FY 2024, the company reported a revenue of ₹9.26 Cr, a growth of 36% compared to the previous year. For the same year it recorded a net profit of ₹72.52 Lakh (net margin 7.8%) and EBITDA of ₹1.34 Cr (EBITDA margin 14.5%). Revenue has grown at a compounded annual rate (CAGR) of 20% over three years and 13% over five years.
The company has about 42 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Needs India. As per MCA filings, the company has open charges of ₹20 Lakh on record. Court records list 25 cases involving the company, including 2 filed by the company and 23 filed against it; 7 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website needsindia.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressPlot No – 1656/3755 Holding No – 696/1, Po – Badambadi Ps – Badambadi, Cuttack Sadar, Odisha, India – 753009
- 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 Needs (India) Private Limited
The main business activity of Needs (India) is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | 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 Needs (India) Private Limited FY 2025 filings available
Needs (India) Private Limited reported revenue of ₹9.26 Cr (up 36% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Needs (India) Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 13% over five years, including 36% growth in the latest year. EBITDA rose 21% 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 Needs (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 | ₹1.34 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹72.52 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 Needs (India) Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 14.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 7.8% | •••• | •••• | •••• | •••• |
| 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 Needs (India) 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.
Peer Comparison of Needs (India) Private Limited
Needs (India) 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 |
|---|---|---|---|---|---|---|
| Navrang Shipping Private Limited | ₹9.61 Cr (FY 2024) | •••• | •••• | 21.0% | •••• | Chennai, Tamil Nadu, India |
| N.G. Joshi Clearing and Forwarding Agents Private Limited | ₹9.49 Cr (FY 2025) | •••• | •••• | 15.0% | •••• | Mumbai, Maharashtra, India |
| Sri Saravana Shipping Service Private Limited | ₹9.48 Cr (FY 2024) | •••• | •••• | -43.0% | •••• | Chennai, Tamil Nadu, India |
| Mittal Roadways Private Limited | ₹9.34 Cr (FY 2025) | •••• | •••• | -11.0% | •••• | Katni, Madhya Pradesh, India |
| Saiastha Exim Cargo Private Limited | ₹9.31 Cr (FY 2025) | •••• | •••• | 17.0% | •••• | Kanpur, Uttar Pradesh, India |
| Needs (India) Private Limited this company | ₹9.26 Cr (FY 2024) | •••• | •••• | 36.0% | •••• | Cuttack Sadar, Odisha, India |
| Sreeveera Shipping Private Limited | ₹9.22 Cr (FY 2024) | •••• | •••• | -73.0% | •••• | Chennai, Tamil Nadu, India |
| Chintamani Cargo Logistics Solutions Private Limited | ₹9.19 Cr (FY 2024) | •••• | •••• | -44.0% | •••• | Thane, Maharashtra, India |
| Harikamal Exim Logistics Private Limited | ₹9.1 Cr (FY 2025) | •••• | •••• | 34.0% | •••• | Thane, Maharashtra, India |
| Airoceans Transcontinental Private Limited | ₹9.08 Cr (FY 2024) | •••• | •••• | •••• | Pune, Maharashtra, India | |
| Cargo Ease Private Limited | ₹9.03 Cr (FY 2025) | •••• | •••• | 33.0% | •••• | Vasai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Needs (India) 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 Needs (India) Private Limited
Needs (India) Private Limited is audited by K DUBEY & ASSOCIATES for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| K DUBEY & 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.
Board of Directors of Needs (India) Private Limited
Needs (India) has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sagar Kumar Dhal | Managing Director | 03 Apr 2012 | 14 Years 6 Months | Current |
| Rajlaxmi Dhal | Director | 03 Apr 2012 | 14 Years 6 Months | Current |
| Sailen Kumar Dhal | Director | 03 Apr 2012 | 14 Years 6 Months | Current |
| Sourav Kumar Dhal | Director | 10 May 2023 | 3 Years 5 Months | Current |
Ownership and Shareholding of Needs (India) 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 Needs (India) Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 02 May 2012 | State Bank of India | ₹20 Lakh | Open |
Total charge records: 1 View all charges
Legal Cases of Needs (India) Private Limited
Needs (India) Private Limited has 25 court cases on record: 2 filed by Needs (India), 23 filed against it. 7 cases are pending and 18 are disposed. Status as checked between 21 Sep 2026 and 05 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 20 | 20 | 7 |
| NCLAT | 3 | 3 | 0 |
| Supreme Court | 2 | 0 | 0 |
Cases on record (5 of 25)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Avanse Financial Services Limited | Pending |
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed against the company by Droom Technology Private Limited | Pending |
| District court, Gurugram, Haryana | Criminal miscellaneous application | Filed against the company by Axis Bank Limited | Disposed |
| NCLAT, New Delhi | Insolvency matter | Filed against the company by Akasa Finance Limited | Disposed |
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed against the company by Iifl Home Finance Limited | Disposed |
Full case history
All 25 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.
Associated Brands with Needs (India) Private Limited
Needs (India) operates one associated brand: Needs India. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Logistics, warehousing, and cold chain services provided in India. | needsindia.in |
Employees and EPFO Compliance at Needs (India) Private Limited
Needs (India) Private Limited has a workforce of 42 employees as of Apr 02, 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 Needs (India) Private Limited
Needs (India) Private Limited has 6 board changes on record since 2012: 5 appointments and 1 cessation. The latest: Rachita Dhal ceased to be Director on 10 May 2023.
Credit Ratings, Litigation & Regulatory Alerts for Needs (India) 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 Needs (India) 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 Needs (India) 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 Needs (India) Private Limited
Needs (India) has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AADCN9573B1ZO | Odisha | 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 Needs (India) 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 Needs (India) Private Limited
Needs (India) is an active private limited company based in Cuttack Sadar, Odisha, India. The company works in carrying and forwarding agents (cfa), within the transport and logistics industry. It was incorporated on 03 April 2012 (14+ years old) and is registered under CIN U51909OR2012PTC015188.
Needs (India) reported revenue of ₹9.26 Cr for FY 2024 (up 36% YoY).
Needs (India) has 4 current directors:
- Sagar Kumar Dhal - Managing Director
- Rajlaxmi Dhal - Director
- Sailen Kumar Dhal - Director
- Sourav Kumar Dhal - Director
Needs (India) reported a net profit of ₹72.52 Lakh (net margin 7.8%) and EBITDA of ₹1.34 Cr (EBITDA margin 14.5%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Needs (India) is 20% over three years and 13% over five years. In the latest year (FY 2024) revenue rose 36%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Needs (India) is 21AADCN9573B1ZO, registered in Odisha.
The CIN (Corporate Identification Number) of Needs (India) is U51909OR2012PTC015188. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Needs (India) has 25 court cases on record: 2 filed by the company and 23 filed against it. 7 are pending. Most are in the district courts.
Needs (India) was incorporated on 03 April 2012, making it 14+ years old. It is registered with the Registrar of Companies, Cuttack.
The peers of Needs (India) by revenue are Navrang Shipping Private Limited, N.G. Joshi Clearing and Forwarding Agents Private Limited, Sri Saravana Shipping Service Private Limited, Mittal Roadways Private Limited, Saiastha Exim Cargo Private Limited and 5 more, all in the Transport and Logistics industry (Carrying and Forwarding Agents).
Rachita Dhal ceased to be Director on 10 May 2023. Sourav Kumar Dhal was appointed as Director on 10 May 2023. Rachita Dhal was appointed as Director on 03 Apr 2012. Needs (India) has 6 board changes on record in total.