MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-27-0021682
Palz Cargo Logistics Private Limited - transport and logistics in Panvel, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹12.53 Cr
▲ 50% YoY
Net profit · FY 2025
₹12.74 Lakh
Net margin 1%
EBITDA · FY 2025
₹1.46 Cr
EBITDA margin 11.7%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹2.45 Cr
Secured borrowings
Company age
9 yrs
Est. 2017
Directors on board
3
As per MCA filings
About Palz Cargo Logistics Private Limited
Data last updated:
Palz Cargo Logistics Private Limited is a private limited company based in Panvel, Maharashtra, India. It operates in the integrated logistics and supply chain solutions segment of the transport and logistics sector. It was incorporated on 17 January 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U60221MH2017PTC289675. Its GSTIN is 27AAICP9515E1Z9 (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Jaswant Pal Singh and Shyokat Ali Paluddeen Khan.
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 Office No 506 Kamdhenu Commerz, Panvel, Maharashtra, India – 410210.
As per the financials filed for FY 2025, the company reported a revenue of ₹12.53 Cr, a growth of 50% compared to the previous year. For the same year it recorded a net profit of ₹12.74 Lakh (net margin 1%) and EBITDA of ₹1.46 Cr (EBITDA margin 11.7%). Revenue has grown at a compounded annual rate (CAGR) of 59% over three years and 31% over five years.
The company is associated with 1 brand: Palzcargo. As per MCA filings, the company has open charges of ₹2.45 Cr on record.
Palz Cargo Logistics Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-27-0021682). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website palzcargo.com.
Company details
CIN U60221MH2017PTC289675
Registration Number 289675
Incorporation Date 17 January 2017
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-27-0021682
Key People
Jaswant Pal Singh Director Shyokat Ali Paluddeen Khan Director Ravin Singh Additional Director Recognitions & Rankings of Palz Cargo Logistics
Contact details
Palz Cargo Logistics Private Limited's registered office is in Panvel, Maharashtra. Its website is palzcargo.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressOffice No 506 Kamdhenu Commerz, Panvel, Maharashtra, India – 410210
- IndustryTransport and Logistics, Integrated & Diversified Logistics Services
To see the full contact details of Palz Cargo Logistics Private Limited, buy the company report.
Comprehensive company report
Palz Cargo Logistics 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
Palz Cargo Logistics operates one associated brand: Palzcargo. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Specialized heavy lift transportation, warehousing, and logistics for various industries. | palzcargo.com |
Business activity
The main business activity of Palz Cargo Logistics is transport and storage. In detail, this covers land transport via road.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transport and storage | H1 | Land Transport via Road |
To see the full business activity and turnover split of Palz Cargo Logistics Private Limited, buy the company report.
Financials of Palz Cargo Logistics Private Limited
FY 2024 filings availablePalz Cargo Logistics Private Limited reported revenue of ₹12.53 Cr (up 50% YoY) for FY 2025.
Revenue · FY 2025
₹12.53 Cr ▲ 50%
Net profit · FY 2025
₹12.74 Lakh margin 1%
EBITDA · FY 2025
₹1.46 Cr margin 11.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 50%
3 years · compounded
▲ 59%
5 years · compounded
▲ 31%
EBITDA CAGR growth
1 year
▼ 20%
3 years · compounded
▲ 49%
5 years · compounded
▲ 35%
Revenue has grown at a compounded annual rate (CAGR) of 31% over five years, including 50% growth in the latest year. EBITDA fell 20% 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 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 | ₹1.46 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹12.74 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11.7% | ||||
| Net Profit Margin | 1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
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| 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 Palz Cargo Logistics Private Limited, buy the company report.
Board of directors of Palz Cargo Logistics Private Limited
Palz Cargo Logistics has 3 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 |
|---|---|---|---|---|
| Jaswant Pal Singh Also directs: Palz Lifters Private Limited | Director | 17 Jan 2017 | 9 Years 9 Months | Current |
| Shyokat Ali Paluddeen Khan Also directs: Taman Rental Private Limited | Director | 17 Jan 2017 | 9 Years 9 Months | Current |
| Ravin Singh Also directs: Monk Elevation Private Limited | Additional Director | 02 Mar 2022 | 4 Years 8 Months | Current |
Peer comparison
Palz Cargo Logistics Private Limited is compared with the 5 companies closest to it by revenue in the Transport and Logistics industry (Diversified Logistics), with the same principal business activity (land transport via road), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| SK Fleet Solutions Private Limited | ₹12.56 Cr (FY 2025) | 21.0% | Pune, Maharashtra, India | |||
| Airmount Logistics Private Limited | ₹12.55 Cr (FY 2024) | 42.0% | New Delhi, Delhi, India | |||
| Bobcat Valuechain Solutions Private Limited | ₹12.54 Cr (FY 2025) | 12.0% | Gurugram, Haryana, India | |||
| Palz Cargo Logistics Private Limitedthis company | ₹12.53 Cr (FY 2025) | ₹12.74 Lakh | 1% | 50.0% | Panvel, Maharashtra, India | |
| Resolute Logistics Private Limited | ₹12.51 Cr (FY 2025) | -17.0% | Gurgaon, Haryana, India | |||
| Smartsky Cargo Logistics Private Limited | ₹12.5 Cr (FY 2025) | 8.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Palz Cargo Logistics Private Limited, buy the company report.
Auditor
Palz Cargo Logistics Private Limited is audited by Nikunj L Jhunjhunwala for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Nikunj L Jhunjhunwala | FY 2023 | 144158 |
Shareholding
The shareholding of Palz Cargo Logistics 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 Palz Cargo Logistics Private Limited, buy the company report.
Charges & borrowings
Open charges
₹2.45 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Dec 2025 | 101194693 | Hdfc Bank Limited | ₹1.5 Cr | Open | |
| 02 Sep 2025 | 101182475 | Hdfc Bank Limited | ₹7.5 Lakh | Open | |
| 29 Jan 2022 | 100532149 | Others | ₹12.72 Lakh | Open | |
| 29 Mar 2018 | 100181804 | Others | ₹75 Lakh | Open |
To see the full charge records of Palz Cargo Logistics Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
No court or tribunal cases involving Palz Cargo Logistics 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 Palz Cargo Logistics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Palz Cargo Logistics has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAICP9515E1Z9 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Palz Cargo Logistics Private Limited, buy the company report.
Recent activity
Palz Cargo Logistics Private Limited has 4 board changes on record since 2017: 3 appointments and 1 cessation. The latest: Ravin Singh was appointed as Additional Director on 02 Mar 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 150.00 Lakh with Charge ID 101194693 was registered on 02 Dec 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 7.50 Lakh with Charge ID 101182475 was registered on 02 Sep 2025.
Charges
A charge with Others of Rs. 75.00 Lakh registered on 29 Mar 2018 with Charge ID 100181804 was modified on 30 Oct 2024.
AGM
Palz Cargo Logistics Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Palz Cargo Logistics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Appointed
Ravin Singh was appointed as Additional Director.
Ceased
Satish Kumar Pal Singh ceased to be Director.
Charges
A charge with Others amounted to Rs. 12.72 Lakh with Charge ID 100532149 was registered on 29 Jan 2022.
Charges
A charge with Others amounted to Rs. 75.00 Lakh with Charge ID 100181804 was registered on 29 Mar 2018.
Appointed
Jaswant Pal Singh was appointed as Director.
Appointed
Shyokat Ali Paluddeen Khan was appointed as Director.
Incorporation
17 Jan 2017
Palz Cargo Logistics Private Limited was registered on 17 Jan 2017 with Roc Mumbai & aged 9 years 9 months as per MCA records.
Frequently asked questions
Palz Cargo Logistics is an active private limited company based in Panvel, Maharashtra, India. The company works in integrated and diversified logistics services, within the transport and logistics industry. It was incorporated on 17 January 2017 (9+ years old) and is registered under CIN U60221MH2017PTC289675.
Palz Cargo Logistics has 3 current directors:
- Jaswant Pal Singh - Director
- Shyokat Ali Paluddeen Khan - Director
- Ravin Singh - Additional Director
The latest financial statements of Palz Cargo Logistics 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 Palz Cargo Logistics is 27AAICP9515E1Z9, registered in Maharashtra.
The CIN (Corporate Identification Number) of Palz Cargo Logistics is U60221MH2017PTC289675. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Palz Cargo Logistics was incorporated on 17 January 2017, making it 9+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Palz Cargo Logistics by revenue are SK Fleet Solutions Private Limited, Airmount Logistics Private Limited, Bobcat Valuechain Solutions Private Limited, Resolute Logistics Private Limited, Smartsky Cargo Logistics Private Limited, all in the Transport and Logistics industry (Diversified Logistics), with the same principal business activity (land transport via road).
Ravin Singh was appointed as Additional Director on 02 Mar 2022. Satish Kumar Pal Singh ceased to be Director on 18 Feb 2022. Jaswant Pal Singh was appointed as Director on 17 Jan 2017. Palz Cargo Logistics has 4 board changes on record in total.
Yes, Palz Cargo Logistics is registered as a small enterprise under Udyam registration (number: UDYAM-MH-27-0021682).
Palz Cargo Logistics can be reached through the website palzcargo.com. Its registered office is in Panvel, Maharashtra, India.
The registered office of Palz Cargo Logistics is at Office No 506 Kamdhenu Commerz, Panvel, Maharashtra, India – 410210.
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