About Phygicart E-Commerce Private Limited
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Phygicart E-Commerce Private Limited is a private limited company based in Thrissur, Kerala, India. It operates in the general e-commerce platforms segment of the e-commerce sector. It was incorporated on 06 July 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U52609KL2017PTC049681. Its GSTIN is 32AAJCP2915M1ZA (Kerala). The company holds 9 GST registrations, all of them active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹6.28 Cr. It is led by directors Thekkekara Francis Titto and Kennedy Joseph.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 3rd Floor E Town Shopping (Door No.8/107/C11 C12) College Road East Fort Thrissur – 680, 005, Kerala, India – 680005.
As per the financials filed for FY 2023, the company reported a revenue of ₹99.29 Cr, a decline of 54% compared to the previous year. For the same year it recorded a net profit of ₹3.63 Cr (net margin 3.7%) and EBITDA of ₹4.75 Cr (EBITDA margin 4.8%). Revenue has grown at a compounded annual rate (CAGR) of 94% over three years and 127% over five years.
The company has about 68 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Phygicart. As per MCA filings, the company has open charges of ₹1 Cr and satisfied charges of ₹15 Lakh on record. Court records list 8 cases involving the company, including 4 filed by the company and 5 filed against it; 2 cases are 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 phygicart.com.
Company details
Contact details
Phygicart E-Commerce Private Limited's registered office is in Thrissur, Kerala. Its website is phygicart.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address3rd Floor E Town Shopping (Door No.8/107/C11 C12) College Road East Fort Thrissur – 680, 005, Kerala, India – 680005
- IndustryE-Commerce, General E-Commerce Platforms
To see the full contact details of Phygicart E-Commerce 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
Brands
Phygicart E-Commerce operates one associated brand: Phygicart. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Multi-category products are sold via an online marketplace. | phygicart.com |
Business activity
The main business activity of Phygicart E-Commerce is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Phygicart E-Commerce Private Limited, buy the company report.
Financials of Phygicart E-Commerce Private Limited
FY 2023 filings availablePhygicart E-Commerce Private Limited reported revenue of ₹99.29 Cr (down 54% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue fell 54% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 127%. EBITDA fell 41% 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 | ₹99.29 Cr | ||||
| Cost of Materials Consumed | |||||
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| Total Expenses | |||||
| EBITDA | ₹4.75 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.63 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.8% | ||||
| Net Profit Margin | 3.7% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Phygicart E-Commerce Private Limited, buy the company report.
Board of directors of Phygicart E-Commerce Private Limited
Phygicart E-Commerce has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Thekkekara Francis Titto | Director | 23 Nov 2022 | 3 Years 11 Months | Current |
| Kennedy Joseph Also directs: Brewcraft Hospitality Private Limited, Port Land Hospital Private Limited, Boche Uzhichil and Pizhichil Private Limited and 5 more | Director | 23 Nov 2022 | 3 Years 11 Months | Current |
Peer comparison
Phygicart E-Commerce Private Limited is compared with the 4 companies closest to it by revenue in the Ecommerce and Internet industry (Broad Based Ecommerce), with the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Prakash Esolutions Private Limited | ₹108.23 Cr (FY 2025) | 52.0% | New Delhi, Delhi, India | |||
| Sparkling Hues Gems Private Limited | ₹106.18 Cr (FY 2025) | 2.0% | New Delhi, Delhi, India | |||
| Phygicart E-Commerce Private Limitedthis company | ₹99.29 Cr (FY 2023) | ₹3.63 Cr | 3.7% | -54.0% | 68 | Thrissur, Kerala, India |
| Saitech IT Private Limited | ₹99.15 Cr (FY 2025) | 38.0% | Vadodara, Gujarat, India | |||
| Mirraw Online Services Private Limited | ₹94.03 Cr (FY 2025) | 6.0% | Mankoli Naka Bhiwandi, Maharashtra, India |
To see the full peer comparison of Phygicart E-Commerce Private Limited, buy the company report.
Auditor
Phygicart E-Commerce Private Limited is audited by CHEERAN VARGHESE & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CHEERAN VARGHESE & CO | FY 2023 | 050061S |
Shareholding
The shareholding of Phygicart E-Commerce Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Phygicart E-Commerce Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Mar 2025 | 101091074 | Others | ₹1 Cr | Open | |
| 18 Sep 2020 | 100385367 | Others | ₹15 Lakh | Satisfied |
To see the full charge records of Phygicart E-Commerce Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Phygicart E-Commerce Private Limited has 8 court cases on record: 4 filed by Phygicart E-Commerce, 5 filed against it. 2 cases are pending and 6 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 3 | 2 |
| High courts | 4 | 2 | 0 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Court case (OP(C)) | Filed against the company by Phygicart E-Commerce Pvt.Ltd | Disposed |
| High Court | Court case (OP(C)) | Filed by the company against Phygicart E-Commerce Pvt.Ltd and 2 others | Disposed |
| District court, Tiruppur, Tamil Nadu | Civil suit | Filed against the company by an individual | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company | Pending |
| High Court of Kerala | Writ petition | Filed by the company against an individual | Disposed |
To see the full case history of Phygicart E-Commerce Private Limited, buy the company report.
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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Phygicart E-Commerce Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Phygicart E-Commerce Private Limited has a workforce of 68 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.
GST
Phygicart E-Commerce has 9 GST registrations: 9 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AAJCP2915M1ZA | Kerala | Active | 26 Jul 2017 |
| 33AAJCP2915M1Z8 | Tamil Nadu | Active | 20 Nov 2019 |
| 29AAJCP2915M1ZX | Karnataka | Active | 06 Feb 2021 |
| 06AAJCP2915M1Z5 | Haryana | Active | 15 Sep 2021 |
To see the full GST registrations and return filing status of Phygicart E-Commerce Private Limited, buy the company report.
Recent activity
Phygicart E-Commerce Private Limited has 10 board changes on record since 2021: 2 appointments and 8 cessations. The latest: Aney Gokul ceased to be Additional Director on 29 Sep 2024.
4 earlier events are in the company report.
Frequently asked questions
Phygicart E-Commerce is an active private limited company based in Thrissur, Kerala, India. The company works in general e-commerce platforms, within the e-commerce industry. It was incorporated on 06 July 2017 (9+ years old) and is registered under CIN U52609KL2017PTC049681.
Phygicart E-Commerce has 2 current directors:
- Thekkekara Francis Titto - Director
- Kennedy Joseph - Director
The latest financial statements of Phygicart E-Commerce on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Phygicart E-Commerce is 32AAJCP2915M1ZA, registered in Kerala. The company has 9 GST registrations in all, of which 9 are active. Other active GSTINs include 33AAJCP2915M1Z8 (Tamil Nadu), 29AAJCP2915M1ZX (Karnataka), 06AAJCP2915M1Z5 (Haryana).
The CIN (Corporate Identification Number) of Phygicart E-Commerce is U52609KL2017PTC049681. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Phygicart E-Commerce has 8 court cases on record: 4 filed by the company and 5 filed against it. 2 are pending. Most are in the district courts.
Phygicart E-Commerce was incorporated on 06 July 2017, making it 9+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Phygicart E-Commerce by revenue are Prakash Esolutions Private Limited, Sparkling Hues Gems Private Limited, Saitech IT Private Limited, Mirraw Online Services Private Limited, all in the Ecommerce and Internet industry (Broad Based Ecommerce), with the same principal business activity (retail trading).
Aney Gokul ceased to be Additional Director on 29 Sep 2024. Anish Karottel Joy ceased to be Director on 21 Mar 2024. Chelleri Suveena ceased to be Director on 21 Mar 2024. Phygicart E-Commerce has 10 board changes on record in total.
Phygicart E-Commerce can be reached through the website phygicart.com. Its registered office is in Thrissur, Kerala, India.
The registered office of Phygicart E-Commerce is at 3rd Floor E Town Shopping Door No.8107C11 C12 College Road East Fort Thrissur – 680, 005, Kerala, India – 680005.