About Palak Logistics Private Limited
Data last updated:
Palak Logistics Private Limited is a private limited company based in Navi Mumbai, Maharashtra, India. It operates in the carrying and forwarding agents (cfa) segment of the transport and logistics sector. It was incorporated on 09 December 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74120MH2011PTC224726. Its GSTIN is 27AAGCP3651D1ZK (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Pankaj Keshavji Dharamshi and Priyam Pankaj Dharamshi.
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 808 Shelton Cubix Plot No.87 Sector 15 CBD Belapur, Navi Mumbai, Maharashtra, India – 400612.
As per the financials filed for FY 2025, the company reported a revenue of ₹7.57 Cr, a growth of 18% compared to the previous year. For the same year it recorded a net profit of ₹10.84 Lakh (net margin 1.4%) and EBITDA of ₹94.1 Lakh (EBITDA margin 12.4%). Revenue has grown at a compounded annual rate (CAGR) of 8% over five years.
As per MCA filings, the company has open charges of ₹1.27 Cr on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website palaklogistics.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address808 Shelton Cubix Plot No.87 Sector 15 CBD Belapur, Navi Mumbai, Maharashtra, India – 400612
- 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 Palak Logistics Private Limited
The main business activity of Palak Logistics is transport and storage. In detail, this covers services incidental to land, water & air transportation.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| H | Transport and storage | H5 | Services incidental to land, water & air transportation | 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 Palak Logistics Private Limited FY 2024 filings available
Palak Logistics Private Limited reported revenue of ₹7.57 Cr (up 18% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Palak Logistics Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 8% over five years, including 18% growth in the latest year. EBITDA fell 2% 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 Palak Logistics 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 | ₹94.1 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹10.84 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 Palak Logistics Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.4% | •••• | •••• | •••• | •••• |
| 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 Palak Logistics 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 Palak Logistics Private Limited
Palak Logistics 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 |
|---|---|---|---|---|---|---|
| Shreearihant Logistics Pvt Ltd | ₹7.73 Cr (FY 2025) | •••• | •••• | -11.0% | •••• | Guwahati, Assam, India |
| Transfreight Marine Services Private Limited | ₹7.68 Cr (FY 2021) | •••• | •••• | 50.0% | •••• | Chennai, Tamil Nadu, India |
| VSS Smart Shipping India Private Limited | ₹7.65 Cr (FY 2024) | •••• | •••• | 195.0% | •••• | Chennai, Tamil Nadu, India |
| Clipper Express Private Limited | ₹7.62 Cr (FY 2025) | •••• | •••• | -17.0% | •••• | New Delhi, Delhi, India |
| DLC Forwarders Private Limited | ₹7.61 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | Mumbai, Maharashtra, India |
| Palak Logistics Private Limited this company | ₹7.57 Cr (FY 2025) | •••• | •••• | 18.0% | •••• | Navi Mumbai, Maharashtra, India |
| Fil Logistics Private Limited | ₹7.53 Cr (FY 2025) | •••• | •••• | -31.0% | •••• | Kolkata, West Bengal, India |
| Shagun Marketing Services Private Limited | ₹7.52 Cr (FY 2025) | •••• | •••• | 31.0% | •••• | New Delhi, Delhi, India |
| WWLP Logistics Private Limited | ₹7.43 Cr (FY 2024) | •••• | •••• | 289.0% | •••• | Mumbai, Maharashtra, India |
| Jit Global Freight Solutions Private Limited | ₹7.42 Cr (FY 2025) | •••• | •••• | 35.0% | •••• | Delhi, India |
| Agi Cargo Private Limited | ₹7.42 Cr (FY 2016) | •••• | •••• | -20.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Palak Logistics 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 Palak Logistics Private Limited
Palak Logistics Private Limited is audited by CHIRAG VARAIYA & CO for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| CHIRAG VARAIYA & CO | 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 Palak Logistics Private Limited
Palak Logistics has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pankaj Keshavji Dharamshi | Director | 09 Dec 2011 | 14 Years 10 Months | Current |
| Priyam Pankaj Dharamshi Also directs: Palak Shipping & Logistics Private Limited | Director | 05 Jul 2019 | 7 Years 3 Months | Current |
| Bhavna Pankaj Dharamshi Also directs: Palak Shipping & Logistics Private Limited | Director | 09 Dec 2011 | 14 Years 10 Months | Current |
Ownership and Shareholding of Palak Logistics 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 Palak Logistics Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Oct 2023 | Others | ₹1.27 Cr | Open |
Total charge records: 1 View all charges
Legal Cases of Palak Logistics Private Limited
Palak Logistics Private Limited has 2 court cases on record: 1 filed by Palak Logistics, 1 filed against it. 1 case is pending and 1 is disposed. Status as checked on 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 1 |
| District courts | 1 | 1 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Writ petition | Filed by the company against Commissioner of Customs Export Acc Sahar Mumbai | Pending |
| District court, Raigad, Maharashtra | Civil suit | Filed against the company by State | Disposed |
Full case history
All 2 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Palak Logistics Private Limited
Employment history and EPFO contributions of people linked to Palak Logistics.
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 Palak Logistics Private Limited
Palak Logistics Private Limited has 6 board changes on record since 2011: 3 appointments and 3 cessations. The latest: Hitendra Vershi Lodaya ceased to be Director on 23 Jun 2023.
Credit Ratings, Litigation & Regulatory Alerts for Palak Logistics 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 Palak Logistics 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 Palak Logistics 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 Palak Logistics Private Limited
Palak Logistics has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCP3651D1ZK | 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 Palak Logistics 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 Palak Logistics Private Limited
Palak Logistics is an active private limited company based in Navi Mumbai, Maharashtra, India. The company works in carrying and forwarding agents (cfa), within the transport and logistics industry. It was incorporated on 09 December 2011 (15+ years old) and is registered under CIN U74120MH2011PTC224726.
Palak Logistics reported revenue of ₹7.57 Cr for FY 2025 (up 18% YoY).
Palak Logistics has 3 current directors:
- Pankaj Keshavji Dharamshi - Director
- Priyam Pankaj Dharamshi - Director
- Bhavna Pankaj Dharamshi - Director
Palak Logistics reported a net profit of ₹10.84 Lakh (net margin 1.4%) and EBITDA of ₹94.1 Lakh (EBITDA margin 12.4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Palak Logistics is 8% over five years. In the latest year (FY 2025) revenue rose 18%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Palak Logistics is 27AAGCP3651D1ZK, registered in Maharashtra.
The CIN (Corporate Identification Number) of Palak Logistics is U74120MH2011PTC224726. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Palak Logistics has 2 court cases on record: 1 filed by the company and 1 filed against it. 1 is pending. Most are in the high courts.
Palak Logistics was incorporated on 09 December 2011, making it 15+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Palak Logistics by revenue are Shreearihant Logistics Pvt Ltd, Transfreight Marine Services Private Limited, VSS Smart Shipping India Private Limited, Clipper Express Private Limited, DLC Forwarders Private Limited and 5 more, all in the Transport and Logistics industry (Carrying and Forwarding Agents).
Hitendra Vershi Lodaya ceased to be Director on 23 Jun 2023. Rita Hitendra Lodaya ceased to be Director on 23 Jun 2023. Priyam Pankaj Dharamshi ceased to be Director on 01 Jun 2021. Palak Logistics has 6 board changes on record in total.