About NHD Forwarders Private Limited
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NHD Forwarders Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the carrying and forwarding agents (cfa) segment of the transport and logistics sector. It was incorporated on 30 July 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74120MH2012PTC233911. Its GSTIN is 27AAECN0718R1Z1 (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors including Sunil Bharatlal Majmudar and Jay Nimish Desai.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹72.76 Cr, a decline of 8% compared to the previous year. For the same year it recorded a net profit of ₹52.15 Lakh (net margin 0.7%) and EBITDA of ₹75.18 Lakh (EBITDA margin 1%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 10% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website nhdesai.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address504 – 505 5th Floor Atlantic Tower Premises Chs, R B Mehta Marg Ghatkopar East, Mumbai, Maharashtra, India – 400077
- 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 NHD Forwarders Private Limited
The main business activity of NHD Forwarders is transportation and storage. In detail, this covers water transport and air transport. 2 activity segments are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| H | Transportation and storage | 50 | Water transport | Locked |
| H | Transportation and storage | 51 | Air transport | 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 NHD Forwarders Private Limited FY 2025 filings available
NHD Forwarders Private Limited reported revenue of ₹72.76 Cr (down 8% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of NHD Forwarders Private Limited
Revenue fell 8% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 10%. EBITDA rose 39% 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 NHD Forwarders Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹75.18 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹52.15 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 NHD Forwarders Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.7% | •••• | •••• | •••• | •••• |
| 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 NHD Forwarders 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 NHD Forwarders Private Limited
NHD Forwarders 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 |
|---|---|---|---|---|---|---|
| C N Sanghavi and Company (Forwards) Private Limited | ₹77.29 Cr (FY 2024) | •••• | •••• | 73.0% | •••• | Mumbai, Maharashtra, India |
| Seasky Freight Systems India Private Limited | ₹76.75 Cr (FY 2025) | •••• | •••• | 39.0% | •••• | Chennai, Tamil Nadu, India |
| Thankam Finance Private Limited | ₹75.23 Cr (FY 2024) | •••• | •••• | 15.0% | •••• | Mumbai, Maharashtra, India |
| T R Finished Vehicles Logistics Solutions Limited | ₹73.6 Cr (FY 2024) | •••• | •••• | 26.0% | •••• | Chennai, Tamil Nadu, India |
| Seaport Lines (India) Private Limited | ₹73.11 Cr (FY 2025) | •••• | •••• | 56.0% | •••• | Chennai, Tamil Nadu, India |
| NHD Forwarders Private Limited this company | ₹72.76 Cr (FY 2025) | •••• | •••• | -8.0% | •••• | Mumbai, Maharashtra, India |
| Suman Proteins Private Limited | ₹70.98 Cr (FY 2024) | •••• | •••• | 11.0% | •••• | Kolkata, West Bengal, India |
| Parekh E-Com and Warehousing Services Private Limited | ₹70.46 Cr (FY 2025) | •••• | •••• | 193478.0% | •••• | Mumbai, Maharashtra, India |
| Horizonstar Shipping Agency Private Limited | ₹66.78 Cr (FY 2025) | •••• | •••• | 79.0% | •••• | Lucknow, Uttar Pradesh, India |
| World Wide Clearing and Shipping India Private Limited | ₹65.01 Cr (FY 2025) | •••• | •••• | 1075.0% | •••• | Delhi, India |
| Khaitan Commercial Services Private Limited | ₹63.4 Cr (FY 2025) | •••• | •••• | 34.0% | •••• | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below NHD Forwarders 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 NHD Forwarders Private Limited
NHD Forwarders Private Limited is audited by RAHUL SOLANKI & ASSOCIATES for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| RAHUL SOLANKI & 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 NHD Forwarders Private Limited
NHD Forwarders has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sunil Bharatlal Majmudar | Director | 05 Aug 2013 | 13 Years 2 Months | Current |
| Jay Nimish Desai Also directs: D and B Supply Chain Solutions LLP | Director | 28 Feb 2022 | 4 Years 7 Months | Current |
| Nimish Bipinchandra Desai | Director | 28 Aug 2014 | 12 Years 1 Months | Current |
Ownership and Shareholding of NHD Forwarders 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 NHD Forwarders Private Limited
NHD Forwarders Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at NHD Forwarders Private Limited
Employment history and EPFO contributions of people linked to NHD Forwarders.
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 NHD Forwarders Private Limited
NHD Forwarders Private Limited has 8 board changes on record since 2013: 3 appointments and 5 cessations. The latest: Jay Nimish Desai ceased to be Additional Director on 30 Sep 2022.
Credit Ratings, Litigation & Regulatory Alerts for NHD Forwarders 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 NHD Forwarders 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 NHD Forwarders 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 NHD Forwarders Private Limited
NHD Forwarders has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECN0718R1Z1 | Maharashtra | 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 NHD Forwarders 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 NHD Forwarders Private Limited
NHD Forwarders is an active private limited company based in Mumbai, Maharashtra, India. The company works in carrying and forwarding agents (cfa), within the transport and logistics industry. It was incorporated on 30 July 2012 (14+ years old) and is registered under CIN U74120MH2012PTC233911.
NHD Forwarders reported revenue of ₹72.76 Cr for FY 2025 (down 8% YoY).
NHD Forwarders has 3 current directors:
- Sunil Bharatlal Majmudar - Director
- Jay Nimish Desai - Director
- Nimish Bipinchandra Desai - Director
NHD Forwarders reported a net profit of ₹52.15 Lakh (net margin 0.7%) and EBITDA of ₹75.18 Lakh (EBITDA margin 1%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of NHD Forwarders is 15% over three years and 10% over five years. In the latest year (FY 2025) revenue fell 8%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of NHD Forwarders is 27AAECN0718R1Z1, registered in Maharashtra.
The CIN (Corporate Identification Number) of NHD Forwarders is U74120MH2012PTC233911. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
NHD Forwarders was incorporated on 30 July 2012, making it 14+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of NHD Forwarders by revenue are C N Sanghavi and Company (Forwards) Private Limited, Seasky Freight Systems India Private Limited, Thankam Finance Private Limited, T R Finished Vehicles Logistics Solutions Limited, Seaport Lines (India) Private Limited and 5 more, all in the Transport and Logistics industry (Carrying and Forwarding Agents).
Jay Nimish Desai ceased to be Additional Director on 30 Sep 2022. Jay Nimish Desai was appointed as Director on 28 Feb 2022. Narendra Ranchoddas Merchant ceased to be Director on 30 May 2019. NHD Forwarders has 8 board changes on record in total.
NHD Forwarders can be reached through the website nhdesai.com. Its registered office is in Mumbai, Maharashtra, India.