Onex Courier and Cargo Private Limited
About Onex Courier and Cargo Private Limited
Data last updated:
Onex Courier and Cargo Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the postal and courier segment of the logistics and supply chain sector. It was incorporated on 18 April 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U64120KA2005PTC036089. Its GSTIN is 29AAACO7518G1ZB (Karnataka).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Winfred Amul Babu and Raghunath Thangavelu.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at K.R.Meridian No.16 Murphy Road Ulsoor, Bangalore, Karnataka, India.
As per the financials filed for FY 2019, the company reported a revenue of ₹1.47 Cr, a decline of 34% compared to the previous year. For the same year it recorded a net loss of ₹2.72 Lakh (net margin -1.9%) and EBITDA of -₹1.08 Lakh (EBITDA margin -0.7%). Revenue has declined at a compounded annual rate (CAGR) of 11% over three years.
As per MCA filings, the company has open charges of ₹8.6 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Onex Courier and Cargo Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressK.R.Meridian No.16 Murphy Road Ulsoor, Bangalore, Karnataka, India
- IndustryLogistics, Postal & Courier
To see the full contact details of Onex Courier and Cargo 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
Business activity
The main business activity of Onex Courier and Cargo is transport and storage. In detail, this covers postal & courier activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transport and storage | H7 | Postal & Courier activities |
To see the full business activity and turnover split of Onex Courier and Cargo Private Limited, buy the company report.
Financials of Onex Courier and Cargo Private Limited
FY 2019 filings availableOnex Courier and Cargo Private Limited reported revenue of ₹1.47 Cr (down 34% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 11% over three years, including a 34% fall in the latest year. EBITDA rose 89% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| 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 | -₹1.08 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹2.72 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
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -0.7% | ||||
| Net Profit Margin | -1.9% | ||||
| 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 Onex Courier and Cargo Private Limited, buy the company report.
Board of directors of Onex Courier and Cargo Private Limited
Onex Courier and Cargo has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Winfred Amul Babu | Director | 18 Apr 2005 | 21 Years 6 Months | Current |
| Raghunath Thangavelu | Director | 18 Apr 2005 | 21 Years 6 Months | Current |
Peer comparison
Onex Courier and Cargo Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (postal & courier activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Myride Logistics (India) Private Limited | ₹1.57 Cr (FY 2019) | 529.0% | Hyderabad, Telangana, India | |||
| Chitransh Express Cargo Private Limited | ₹1.53 Cr (FY 2018) | 194.0% | New Delhi, Delhi, India | |||
| Air Business Xpress Private Limited | ₹1.53 Cr (FY 2024) | 13.0% | Noida, Uttar Pradesh, India | |||
| Fox Express Private Limited | ₹1.52 Cr (FY 2022) | 50.0% | Faridabad, Haryana, India | |||
| Sun-Ex Courier Cargo & Logistics Private Limited | ₹1.48 Cr (FY 2024) | -34.0% | Vellore, Tamil Nadu, India | |||
| Onex Courier and Cargo Private Limitedthis company | ₹1.47 Cr (FY 2019) | -₹2.72 Lakh | -1.9% | -34.0% | Bangalore, Karnataka, India | |
| Dalmia Logistics and Warehouses Private Limited | ₹1.44 Cr (FY 2025) | 7.0% | Kolkata, West Bengal, India | |||
| SSVR Logistics Private Limited | ₹1.43 Cr (FY 2023) | Hyderabad, Telangana, India | ||||
| Worldwide Integrated Solutions Private Limited | ₹1.43 Cr (FY 2016) | -16.0% | Jaipur, Rajasthan, India | |||
| Sangam Cargo Private Limited | ₹1.42 Cr (FY 2021) | -28.0% | Faridabad, Haryana, India | |||
| Flexy Courier & Logistics Private Limited | ₹1.42 Cr (FY 2022) | 11.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Onex Courier and Cargo Private Limited, buy the company report.
Auditor
Onex Courier and Cargo Private Limited is audited by AVALINTE & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AVALINTE & ASSOCIATES | FY 2017 | 011690S |
Shareholding
The shareholding of Onex Courier and Cargo Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Onex Courier and Cargo Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Jun 2016 | 100040490 | Others | ₹5.85 Lakh | Open | |
| 22 Apr 2013 | 10428968 | Corporation Bank | ₹2.75 Lakh | Open |
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Onex Courier and Cargo 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 Onex Courier and Cargo Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Onex Courier and Cargo has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACO7518G1ZB | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Onex Courier and Cargo Private Limited, buy the company report.
Recent activity
Onex Courier and Cargo Private Limited has 2 board changes on record since 2005: 2 appointments. The latest: Raghunath Thangavelu was appointed as Director on 18 Apr 2005.
Frequently asked questions
Onex Courier and Cargo is an active private limited company based in Bangalore, Karnataka, India. The company works in postal and courier, within the logistics industry. It was incorporated on 18 April 2005 (21+ years old) and is registered under CIN U64120KA2005PTC036089.
Onex Courier and Cargo has 2 current directors:
- Winfred Amul Babu - Director
- Raghunath Thangavelu - Director
The latest financial statements of Onex Courier and Cargo on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
The GSTIN of Onex Courier and Cargo is 29AAACO7518G1ZB, registered in Karnataka.
The CIN (Corporate Identification Number) of Onex Courier and Cargo is U64120KA2005PTC036089. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Onex Courier and Cargo was incorporated on 18 April 2005, making it 21+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Onex Courier and Cargo by revenue are Myride Logistics (India) Private Limited, Chitransh Express Cargo Private Limited, Air Business Xpress Private Limited, Fox Express Private Limited, Sun-Ex Courier Cargo & Logistics Private Limited and 5 more, all in the same principal business activity (postal & courier activities).
Raghunath Thangavelu was appointed as Director on 18 Apr 2005. Winfred Amul Babu was appointed as Director on 18 Apr 2005.
The registered office of Onex Courier and Cargo is at K.R.Meridian No.16 Murphy Road Ulsoor, Bangalore, Karnataka, India.
Onex Courier and Cargo operates in the logistics industry, in the postal and courier segment.
Onex Courier and Cargo has open charges of ₹8.6 Lakh and no satisfied charges on record as per latest MCA filings.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
