About Nidhi Freight Lines Private Limited
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Nidhi Freight Lines Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the integrated logistics and supply chain solutions segment of the transport and logistics sector. It was incorporated on 11 May 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2016PTC280922. Its GSTIN is 27AAFCN2238M1Z7 (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Ajaykumar Patel (Managing Director) and Rita Patel.
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 904 9th Floor Raikar Chambers Village Road Deonar Govandi East, Mumbai, Maharashtra, India – 400088.
As per the financials filed for FY 2023, the company reported a revenue of ₹68,832, a decline of 99% compared to the previous year. For the same year it recorded a net loss of ₹3.99 Lakh and EBITDA of -₹4.68 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 80% over three years and 53% 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 nidhifreightlines.com.
Company details
Contact details
Nidhi Freight Lines Private Limited's registered office is in Mumbai, Maharashtra. Its website is nidhifreightlines.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address904 9th Floor Raikar Chambers Village Road Deonar Govandi East, Mumbai, Maharashtra, India – 400088
- IndustryTransport and Logistics, Integrated & Diversified Logistics Services
To see the full contact details of Nidhi Freight Lines Private 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
Financials of Nidhi Freight Lines Private Limited
FY 2024 filings availableNidhi Freight Lines Private Limited reported revenue of ₹68,832 (down 99% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 53% over five years, including a 99% fall 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹68,832 | ||||
| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | -₹4.68 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹3.99 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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To see the full financial statements and ratios of Nidhi Freight Lines Private Limited, buy the company report.
Board of directors of Nidhi Freight Lines Private Limited
Nidhi Freight Lines has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rita Patel | Director | 19 Jan 2022 | 4 Years 9 Months | Current |
| Ajaykumar Patel | Managing Director | 28 Feb 2017 | 9 Years 8 Months | Current |
Auditor
Nidhi Freight Lines Private Limited is audited by Kalpesh Patel & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Kalpesh Patel & Co | FY 2023 | 101532 |
Shareholding
The shareholding of Nidhi Freight Lines 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Nidhi Freight Lines Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Nidhi Freight Lines Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Nidhi Freight Lines Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Nidhi Freight Lines has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCN2238M1Z7 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Nidhi Freight Lines Private Limited, buy the company report.
Recent activity
Nidhi Freight Lines Private Limited has 5 board changes on record since 2017: 2 appointments and 3 cessations. The latest: Arjun Ramdas Mate ceased to be Director on 25 Jun 2022.
Frequently asked questions
Nidhi Freight Lines is an active private limited company based in Mumbai, Maharashtra, India. The company works in integrated and diversified logistics services, within the transport and logistics industry. It was incorporated on 11 May 2016 (10+ years old) and is registered under CIN U74999MH2016PTC280922.
Nidhi Freight Lines has 2 current directors:
- Ajaykumar Patel - Managing Director
- Rita Patel - Director
The latest financial statements of Nidhi Freight Lines 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 Nidhi Freight Lines is 27AAFCN2238M1Z7, registered in Maharashtra.
The CIN (Corporate Identification Number) of Nidhi Freight Lines is U74999MH2016PTC280922. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nidhi Freight Lines was incorporated on 11 May 2016, making it 10+ years old. It is registered with the Registrar of Companies, Mumbai.
Arjun Ramdas Mate ceased to be Director on 25 Jun 2022. Dileep Pundalik Shelar ceased to be Director on 25 Jun 2022. Rita Patel was appointed as Director on 19 Jan 2022. Nidhi Freight Lines has 5 board changes on record in total.
Nidhi Freight Lines can be reached through the website nidhifreightlines.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Nidhi Freight Lines is at 904 9th Floor Raikar Chambers Village Road Deonar Govandi East, Mumbai, Maharashtra, India – 400088.
Nidhi Freight Lines operates in the transport and logistics industry, in the integrated and diversified logistics services segment.
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