- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-13-0004019

About Neptune Logitek Limited
Data last updated:
Neptune Logitek Limited is a public limited company based in Gandhidham, Gujarat, India. It operates in the integrated logistics and supply chain solutions segment of the transport and logistics sector. It was incorporated on 02 March 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U63090GJ2012PLC069268. Its GSTIN is 24AAKCA3038K1ZP (Gujarat). The company holds 2 GST registrations, of which 1 is active. It is a listed company as per MCA records. Its shares are listed on BSE: 544663.
The company has an authorised share capital of ₹14 Cr and a paid-up capital of ₹13.7 Cr. It is led by directors including Ankit Devidas Shah (Managing Director) and Mukesh Bafna.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Gandhidham, Gujarat.
As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹233.71 Cr, a decline of 9.2% compared to the previous year. For the same year it recorded a net profit of ₹5.89 Cr (net margin 2.5%) and EBITDA of ₹16.55 Cr (EBITDA margin 7.1%). The net worth stands at ₹67.74 Cr (up 239.5% YoY). Total assets are valued at ₹121.1 Cr (up 54.8% YoY).
The company has about 94 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Neptune Logitek. As per MCA filings, the company has open charges of ₹77.71 Cr and satisfied charges of ₹50.15 Cr on record. Court records list 4 cases involving the company, including 4 filed by the company; 4 cases are pending. The company has 10 deals on record (5 market trades, 2 rights issues, 1 funding round), with disclosed funding of ₹26 Lakh; the latest was in March 2026. Its 5 peer companies in the Transport and Logistics industry (Diversified Logistics), with the same principal business activity (services incidental to land, water & air transportation) are compared by revenue, 3 larger and 2 smaller; the largest is Subham Freight Carriers India Private Limited with revenue of ₹265.05 Cr.
Neptune Logitek Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-13-0004019). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website neptunelogitek.com.
Company details
CIN history
Neptune Logitek has one previous CIN (Corporate Identification Number): U63090GJ2012PTC069268. The current CIN is U63090GJ2012PLC069268, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U63090GJ2012PLC069268 | Current |
| U63090GJ2012PTC069268 | Previous |
Recognitions & Rankings of Neptune Logitek
Contact details
Neptune Logitek Limited's registered office is in Gandhidham, Gujarat. Its website is neptunelogitek.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressBbz – N – 62/A, Ward 12/A, Gandhidham, Gujarat, India – 370201
- IndustryTransport and Logistics, Integrated & Diversified Logistics Services
To see the full contact details of Neptune Logitek 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
Neptune Logitek operates one associated brand: Neptune Logitek. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Logistics and transportation services, including freight management and supply chain optimization in India. | neptunelogitek.com |
Business activity
The main business activity of Neptune Logitek is transport and storage. In detail, this covers services incidental to land, water & air transportation.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transport and storage | H5 | Services incidental to land, water & air transportation |
To see the full business activity and turnover split of Neptune Logitek Limited, buy the company report.
Financials of Neptune Logitek Limited
FY 2025-26 filings availableNeptune Logitek Limited reported revenue of ₹233.71 Cr (down 9.2% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · StandaloneRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 234 | 257 | 175 | 185 | 169 | 145 | 133 |
| Revenue growth | -9.2% | +47.1% | -5.7% | +9.6% | +16.7% | +9.3% | - |
| EBITDA | 16.55 | 16.18 | 8.88 | 3.29 | 4.61 | 7.21 | 4.63 |
| EBITDA margin | +7.1% | +6.3% | +5.1% | +1.8% | +2.7% | +5.0% | +3.5% |
| Profit before tax | 9.96 | 9.83 | 0.30 | 0.50 | 0.24 | 3.01 | 2.89 |
| Net profit | 5.89 | 7.83 | (0.12) | (1.29) | 0.10 | 2.04 | 2.44 |
| Net profit margin | +2.5% | +3.0% | -0.1% | -0.7% | +0.1% | +1.4% | +1.8% |
| EPS (₹) | 4.59 | 6.67 | 0.04 | (1.79) | 0.98 | 20.50 | 24.43 |
| Balance sheet | |||||||
| Total assets | 121 | 78.24 | 73.48 | 49.07 | 30.63 | 24.68 | 27.56 |
| Net worth | 67.74 | 19.95 | 10.79 | 10.79 | 10.97 | 10.87 | 8.82 |
| Total debt | 52.91 | 58.00 | 62.48 | 38.20 | 19.66 | 13.81 | 18.74 |
| Cash & bank | 0.33 | 0.39 | 1.40 | 0.11 | 0.10 | 0.11 | 0.08 |
| Net working capital | 54.46 | 42.61 | 36.59 | 24.80 | 11.59 | 7.50 | 16.06 |
| Cash flow | |||||||
| Cash from operations | 4.51 | 11.80 | (1.40) | (3.90) | (1.14) | 14.68 | 7.46 |
| Cash from investing | (35.64) | (2.73) | (17.72) | (12.76) | 1.13 | (5.82) | (3.46) |
| Cash from financing | 31.08 | (10.08) | 20.41 | 16.66 | 0.00 | (8.83) | (8.98) |
Financial Statements
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 234 | 257 | 175 | 185 | 169 | 145 | 133 |
| Revenue growth | -9.2% | +47.1% | -5.7% | +9.6% | +16.7% | +9.3% | - |
| Other income | 1.64 | 3.72 | 0.84 | 2.28 | 0.56 | 0.45 | 4.09 |
| Total expenses | 217 | 241 | 166 | 182 | 165 | 138 | 128 |
| Employee cost | 4.70 | 4.40 | 4.50 | 3.58 | 3.89 | 3.22 | 3.01 |
| EBITDA | 16.55 | 16.18 | 8.88 | 3.29 | 4.61 | 7.21 | 4.63 |
| EBITDA margin | +7.1% | +6.3% | +5.1% | +1.8% | +2.7% | +5.0% | +3.5% |
| Depreciation | 2.76 | 4.43 | 5.53 | 3.18 | 3.35 | 3.08 | 3.63 |
| Interest | 5.47 | 5.64 | 3.89 | 1.89 | 1.58 | 1.57 | 2.20 |
| Profit before tax | 9.96 | 9.83 | 0.30 | 0.50 | 0.24 | 3.01 | 2.89 |
| Tax | 3.66 | 3.16 | 0.29 | 0.68 | 0.14 | 0.97 | 0.45 |
| Net profit | 5.89 | 7.83 | (0.12) | (1.29) | 0.10 | 2.04 | 2.44 |
| Net profit margin | +2.5% | +3.0% | -0.1% | -0.7% | +0.1% | +1.4% | +1.8% |
| EPS (₹) | 4.59 | 6.67 | 0.04 | (1.79) | 0.98 | 20.50 | 24.43 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 13.70 | 10.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
| Reserves & surplus | 54.04 | 9.95 | 9.79 | 9.79 | 9.97 | 9.87 | 7.82 |
| Shareholders' funds (net worth) | 67.74 | 19.95 | 10.79 | 10.79 | 10.97 | 10.87 | 8.82 |
| Secured loans | 52.91 | 56.48 | 59.80 | 36.19 | 19.66 | 13.81 | 10.43 |
| Unsecured loans | 0.00 | 1.52 | 2.68 | 2.01 | 0.00 | 0.00 | 8.31 |
| Total debt | 52.91 | 58.00 | 62.48 | 38.20 | 19.66 | 13.81 | 18.74 |
| Total liabilities | 121 | 78.24 | 73.48 | 49.07 | 30.63 | 24.68 | 27.56 |
| Assets | |||||||
| Gross block | 77.73 | 63.70 | 64.90 | 43.40 | 39.67 | 33.73 | 28.67 |
| Net block | 50.44 | 36.40 | 36.75 | 19.45 | 14.89 | 12.31 | 10.23 |
| Capital work in progress | 14.03 | 0.90 | 0.46 | 5.01 | 0.00 | 0.00 | 0.00 |
| Investments | 6.00 | 0.00 | 0.00 | 0.00 | 3.80 | 4.42 | 0.69 |
| Inventories | 6.03 | 5.45 | 4.46 | 2.57 | 0.00 | 0.00 | 0.00 |
| Sundry debtors | 65.80 | 65.22 | 45.51 | 42.23 | 34.41 | 30.46 | 35.89 |
| Cash & bank balances | 0.33 | 0.39 | 1.40 | 0.11 | 0.10 | 0.11 | 0.08 |
| Loans & advances | 20.33 | 9.25 | 6.31 | 4.90 | 6.09 | 5.05 | 4.85 |
| Total current assets | 92.49 | 80.31 | 57.68 | 49.81 | 40.60 | 35.62 | 40.82 |
| Total current liabilities | 38.03 | 37.70 | 21.09 | 25.01 | 29.01 | 28.12 | 24.76 |
| Net working capital | 54.46 | 42.61 | 36.59 | 24.80 | 11.59 | 7.50 | 16.06 |
| Total assets | 121 | 78.24 | 73.48 | 49.07 | 30.63 | 24.68 | 27.56 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 0.39 | 1.40 | 0.11 | 0.10 | 0.11 | 0.08 | 5.07 |
| Net cash from operating activities | 4.51 | 11.80 | (1.40) | (3.90) | (1.14) | 14.68 | 7.46 |
| Net cash from investing activities | (35.64) | (2.73) | (17.72) | (12.76) | 1.13 | (5.82) | (3.46) |
| Net cash from financing activities | 31.08 | (10.08) | 20.41 | 16.66 | 0.00 | (8.83) | (8.98) |
| Net change in cash | (0.06) | (1.01) | 1.30 | 0.00 | (0.01) | 0.03 | (4.98) |
| Closing cash | 0.33 | 0.39 | 1.40 | 0.11 | 0.10 | 0.11 | 0.08 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -9.2% | +47.1% | -5.7% | +9.6% | +16.7% | +9.3% | - |
| EBITDA growth | +2.3% | +82.2% | +169.9% | -28.6% | -36.1% | +55.7% | - |
| PBT growth | +1.3% | +3176.7% | -40.0% | +108.3% | -92.0% | +4.2% | +9997.0% |
| Net income growth | -24.8% | +6625.0% | +90.7% | -1390.0% | -95.1% | -16.4% | - |
| Revenue CAGR (3Y) | +8.0% | +15.0% | +6.4% | +11.8% | - | - | - |
| EBITDA CAGR (3Y) | +71.3% | +52.0% | +7.2% | -10.8% | - | - | - |
| Profitability & leverage | |||||||
| Net income margin | +2.7% | +2.6% | +0.0% | -0.1% | +0.1% | +1.4% | +1.8% |
| Return on capital employed | +15.5% | +22.6% | +6.2% | +2.2% | +6.6% | +17.5% | +18.4% |
| Return on net worth | +14.4% | +50.9% | -1.2% | -11.9% | +0.9% | +20.8% | +27.7% |
| Debt / equity | 1.26 | 3.92 | 4.67 | 2.66 | 1.53 | 1.65 | 2.12 |
| Long-term debt / equity | 0.64 | 2.25 | 2.84 | 1.90 | 1.13 | 0.69 | 0.96 |
| Interest cover | 39.67 | 48.00 | 116.12 | 1,718.18 | 125.40 | 38.01 | 220.00 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 3.30 | 4.00 | 3.23 | 4.46 | 4.61 | 4.65 | 4.63 |
| Inventory turnover | 40.72 | 51.92 | 49.76 | 144.30 | 0.00 | 0.00 | 0.00 |
| Debtors turnover | 3.57 | 4.65 | 3.99 | 4.84 | 5.22 | 4.37 | 3.70 |
| EPS (₹) | 4.59 | 6.67 | 0.04 | (1.79) | 0.98 | 20.50 | 24.43 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 49.44 | 19.95 | 107.95 | 107.91 | 109.70 | 108.72 | 88.22 |
To see the full year-wise statements and ratios of Neptune Logitek Limited, buy the company report.
Board of directors of Neptune Logitek Limited
Neptune Logitek has 5 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ankit Devidas Shah Also directs: Devanshi Tradables Private Limited, Neptune Cargo Services Private Limited, Amardeep Shipping Private Limited and 1 more | Managing Director | 02 Mar 2012 | 14 Years 8 Months | Current |
| Mukesh Bafna Also directs: Tee Af Cee Ventures Private Limited, Fayda Finserv Private Limited, Fayda Fintech Private Limited and 1 more | Director | 08 Oct 2024 | 2 Years 1 Months | Current |
| Reema Ankit Shah | Director | 02 Mar 2012 | 14 Years 8 Months | Current |
| Kunj Bihari Dave | Director | 10 Jan 2025 | 1 Years 9 Months | Current |
| Pradip Jayantilal Shah | Director | 10 Jan 2025 | 1 Years 9 Months | Current |
Peer comparison
Neptune Logitek Limited is compared with the 5 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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Subham Freight Carriers India Private Limited | ₹265.05 Cr (FY 2024) | -4.0% | Shriperambudur, Tamil Nadu, India | |||
| Apl Logistics (India) Private Limited | ₹262.54 Cr (FY 2025) | 38.0% | Mumbai, Maharashtra, India | |||
| V Arjoon Shipping Private Limited | ₹261.2 Cr (FY 2025) | 85.0% | Mumbai, Maharashtra, India | |||
| Timescan Logistics (India) Limited | ₹258.17 Cr (FY 2025) | 28.0% | Chennai, Tamil Nadu, India | |||
| Apexglobal Forwarders India Private Limited | ₹256.5 Cr (FY 2025) | 211.0% | Chennai, Tamil Nadu, India | |||
| Neptune Logitek Limitedthis company | ₹233.71 Cr (FY 2026) | ₹5.89 Cr | 2.5% | -9.2% | 94 | Gandhidham, Gujarat, India |
To see the full peer comparison of Neptune Logitek Limited, buy the company report.
Auditor
Neptune Logitek Limited is audited by Ravi Sachdev & Co. for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Ravi Sachdev & Co. | FY 2024 | 142982W |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 73.20%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 26.80%.
| Sep 2026 | Jun 2026 | |
|---|---|---|
| Promoters | 73.20% | 73.20% |
| Public | 26.80% | 26.80% |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Aug 2025 | 101137593 | Hdfc Bank Limited | ₹2.53 Cr | Open | |
| 15 Mar 2024 | 100889080 | Hdfc Bank Limited | ₹4.49 Cr | Open | |
| 15 Mar 2024 | 100889325 | Hdfc Bank Limited | ₹10 Lakh | Open | |
| 18 Oct 2023 | 100799895 | Hdfc Bank Limited | ₹2.75 Cr | Open | |
| 18 Oct 2023 | 100800282 | Hdfc Bank Limited | ₹75 Lakh | Open |
To see the full charge records of Neptune Logitek Limited, buy the company report.
Total charge records: 57 View all charges
Deals & funding
Neptune Logitek Limited has 10 deals on record (5 market trades, 2 rights issues, 1 funding round), with disclosed funding of ₹26 Lakh; the latest was in March 2026.
Deals on record (5 of 10)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2026 | Market trade | ₹52.9 Lakh | Seller: L7 Hitech Private Limited |
| Mar 2026 | Market trade | ₹73.9 Lakh | Buyer: L7 Hitech Private Limited Seller: L7 Hitech Private Limited |
| Jan 2026 | Market trade | ₹93.9 Lakh | Buyer: Bonanza Portfolio (Ifsc) Private Limited Seller: Balance Traders, Bonanza Portfolio (Ifsc) Private Limited |
| Jan 2026 | Market trade | ₹2.13 Cr | Buyer: Balance Traders, L7 Hitech Private Limited , Soham Fincare India LLP Seller: Soham Fincare India LLP |
| Dec 2025 | Market trade | ₹1.16 Cr | Seller: Asnani Stock Broker Private Limited |
To see the full deal history of Neptune Logitek 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
Neptune Logitek Limited has 4 court cases on record: 4 filed by Neptune Logitek. All cases are pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 0 | 4 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, kachchh at Bhuj, Gujarat | Commercial matter | Filed by the company against Glorex Mines and Minerals Pvt Ltd | Pending |
| District court, kachchh at Bhuj, Gujarat | Court case (SMST R) | Filed by the company against Votto Sanitaryware Pvt Ltd and 2 others | Pending |
| District court, kachchh at Bhuj, Gujarat | Commercial matter | Filed by the company against Annam Builders | Pending |
| District court, kachchh at Bhuj, Gujarat | Court case (SMST R) | Filed by the company against S D Traders | Pending |
To see the full case history of Neptune Logitek 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Neptune Logitek Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Neptune Logitek Limited has a workforce of 94 employees on its EPFO records as of Oct 09, 2025, across 1 active EPFO establishment.
GST
Neptune Logitek has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAKCA3038K1ZP | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Neptune Logitek Limited, buy the company report.
Recent activity
Neptune Logitek Limited has 10 board changes on record since 2012: 5 appointments and 5 cessations. The latest: Kunj Bihari Dave ceased to be Additional Director on 27 Apr 2025.
93 earlier events are in the company report.
Frequently asked questions
Neptune Logitek is an active public limited company based in Gandhidham, Gujarat, India. The company works in integrated and diversified logistics services, within the transport and logistics industry. It was incorporated on 02 March 2012 (14+ years old) and is registered under CIN U63090GJ2012PLC069268. Listed on BSE: 544663.
Neptune Logitek reported revenue of ₹233.71 Cr for FY 2025-26 (down 9.2% YoY) based on standalone financials.
Neptune Logitek has 5 current directors:
- Ankit Devidas Shah - Managing Director
- Mukesh Bafna - Director
- Reema Ankit Shah - Director
- Kunj Bihari Dave - Director
- Pradip Jayantilal Shah - Director
The latest financial statements of Neptune Logitek on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Neptune Logitek is 24AAKCA3038K1ZP, registered in Gujarat. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Neptune Logitek is U63090GJ2012PLC069268. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Neptune Logitek is a listed company as per MCA records. Its shares are listed on BSE (code: 544663).
Neptune Logitek has 4 court cases on record: 4 filed by the company. 4 are pending.
Neptune Logitek was incorporated on 02 March 2012, making it 14+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Neptune Logitek has 10 deals on record (5 market trades, 2 rights issues, 1 funding round), with disclosed funding of ₹26 Lakh; the latest was in March 2026.
The peers of Neptune Logitek by revenue are Subham Freight Carriers India Private Limited, Apl Logistics (India) Private Limited, V Arjoon Shipping Private Limited, Timescan Logistics (India) Limited, Apexglobal Forwarders India Private Limited, all in the Transport and Logistics industry (Diversified Logistics), with the same principal business activity (services incidental to land, water & air transportation).

