India's Most Valuable Companies 2023 edition · Source: Hurun India
Rank#497- Valuation
- ₹6,800 Cr
2022 #460
Ninjacart Private Limited - transport and logistics in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2026
₹84.86 Cr
▲ 230% YoY
Net loss · FY 2026
₹1.67 Cr
Net margin -2%
EBITDA · FY 2026
-₹1.37 Cr
EBITDA margin -1.6%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
7 yrs
Est. 2019
Directors on board
2
As per MCA filings
Active GSTINs
3
of 4 registered
About Ninjacart Private Limited
Data last updated:
Ninjacart Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of 63Ideas Infolabs Private Limited and recognised as a startup by DPIIT. It operates in the 3pl (third party logistics) services segment of the transport and logistics sector. It was incorporated on 04 December 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U52100KA2019PTC130334. Its GSTIN is 29AAGCN7813H1Z6 (Karnataka). The company holds 4 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Chinnathambi Vasudevan and Karandipalayam Kandasamy Kartheeswaran.
Its last annual general meeting (AGM) was held on 11 September 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Indiqube Helios Business Park, Bangalore, Karnataka.
As per the financials filed for FY 2026, the company reported a revenue of ₹84.86 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹1.67 Cr (net margin -2%) and EBITDA of -₹1.37 Cr (EBITDA margin -1.6%). Revenue has grown at a compounded annual rate (CAGR) of 508% over three years.
The company is associated with 1 brand: Ninjacart.
For more details, the company can be reached via its website ninjacart.com.
Company details
CIN U52100KA2019PTC130334
Registration Number 130334
Incorporation Date 04 December 2019
ROC Bangalore
Listing Status Unlisted
Company Status Active
Parent Company 63Ideas Infolabs Private Limited
DPIIT Recognition Recognised Startup
Recognitions & Rankings of Ninjacart
DPIIT recognised startup Government of India
Startup India
Contact details
Ninjacart Private Limited's registered office is in Bangalore, Karnataka. Its website is ninjacart.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressIndiqube Helios Business Park, Tower – E Second Floor Seat No 491 Chandana Kadubeesanahalli Bengaluru, Bangalore, Karnataka, India – 560103
- IndustryTransport and Logistics, 3PL (Third Party Logistics) Services
To see the full contact details of Ninjacart Private Limited, buy the company report.
Comprehensive company report
Ninjacart 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
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Brands
Ninjacart operates one associated brand: Ninjacart. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| B2B platform offering vegetables and fruits | ninjacart.com |
Business activity
The main business activity of Ninjacart is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers retail trade, except of motor vehicles and motorcycles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 47 | Retail trade, except of motor vehicles and motorcycles |
To see the full business activity and turnover split of Ninjacart Private Limited, buy the company report.
Financials of Ninjacart Private Limited
FY 2026 filings availableNinjacart Private Limited reported revenue of ₹84.86 Cr (up 230% YoY) for FY 2026.
Revenue · FY 2026
₹84.86 Cr ▲ 230%
Net loss · FY 2026
₹1.67 Cr margin -2%
EBITDA · FY 2026
-₹1.37 Cr margin -1.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 230%
3 years · compounded
▲ 508%
EBITDA CAGR growth
1 year
▼ 535%
Revenue has grown at a compounded annual rate (CAGR) of 508% over three years, including 230% growth in the latest year. EBITDA fell 535% 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹84.86 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹1.37 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.67 Cr | ||||
| 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
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -1.6% | ||||
| Net Profit Margin | -2% | ||||
| 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 Ninjacart Private Limited, buy the company report.
Board of directors of Ninjacart Private Limited
Ninjacart has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chinnathambi Vasudevan | Director | 19 Sep 2022 | 4 Years 1 Months | Current |
| Karandipalayam Kandasamy Kartheeswaran | Director | 04 Dec 2019 | 6 Years 11 Months | Current |
Auditor
Ninjacart Private Limited is audited by Tejus and Ravi kiran for the financial year 2026.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Tejus and Ravi kiran | FY 2026 | 013418S |
Shareholding
The shareholding of Ninjacart Private Limited is on record for 5 financial years, the latest being FY 2025, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ninjacart Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Ninjacart 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 Ninjacart Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ninjacart has 4 GST registrations: 3 active and 1 cancelled or inactive.
Total GSTINs
4
Active
3
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAGCN7813H1Z6 | Karnataka | Active | 06 Feb 2020 |
| 33AAGCN7813H1ZH | Tamil Nadu | Active | 28 Mar 2022 |
| 08AAGCN7813H1ZA | Rajasthan | Active | 21 Nov 2022 |
To see the full GST registrations and return filing status of Ninjacart Private Limited, buy the company report.
Recent activity
Ninjacart Private Limited has 3 board changes on record since 2019: 2 appointments and 1 cessation. The latest: Thirukumaran Nagarajan ceased to be Director on 04 Oct 2023.
AGM
Ninjacart Private Limited last Annual general meeting of members was held on 11 Sep 2026 as per latest MCA records.
Filing
Ninjacart Private Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Bangalore.
Ceased
Thirukumaran Nagarajan ceased to be Director.
Appointed
Chinnathambi Vasudevan was appointed as Director.
Appointed
Karandipalayam Kandasamy Kartheeswaran was appointed as Director.
Incorporation
04 Dec 2019
Ninjacart Private Limited was registered on 04 Dec 2019 with Roc Bangalore & aged 6 years 11 months as per MCA records.
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Frequently asked questions
Ninjacart is an active private limited company based in Bangalore, Karnataka, India. The company works in 3pl (third party logistics) services, within the transport and logistics industry. It was incorporated on 04 December 2019 (7+ years old) and is registered under CIN U52100KA2019PTC130334.
Ninjacart has 2 current directors:
- Chinnathambi Vasudevan - Director
- Karandipalayam Kandasamy Kartheeswaran - Director
The latest financial statements of Ninjacart on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 11 September 2026. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Ninjacart is 29AAGCN7813H1Z6, registered in Karnataka. The company has 4 GST registrations in all, of which 3 are active and 1 is cancelled or inactive. Other active GSTINs include 33AAGCN7813H1ZH (Tamil Nadu), 08AAGCN7813H1ZA (Rajasthan).
The CIN (Corporate Identification Number) of Ninjacart is U52100KA2019PTC130334. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ninjacart was incorporated on 04 December 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
Thirukumaran Nagarajan ceased to be Director on 04 Oct 2023. Chinnathambi Vasudevan was appointed as Director on 19 Sep 2022. Karandipalayam Kandasamy Kartheeswaran was appointed as Director on 04 Dec 2019.
Yes, Ninjacart is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Ninjacart can be reached through the website ninjacart.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Ninjacart is at Indiqube Helios Business Park, Tower – E Second Floor Seat No 491 Chandana Kadubeesanahalli Bengaluru, Bangalore, Karnataka, India – 560103.
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