Pi Logistics (India) Private Limited

Pi Logistics (India) Private Limited - transport and logistics in Thane, Maharashtra, India. FY 2026 financials & compliance.
CIN U60231MH2007PTC435178 Incorporated 11 December 2007 ROC Mumbai HQ Thane, Maharashtra, India
Active Private Limited Company transport and logistics MSME
Data last updated
Revenue · FY 2024
₹22.64 Cr
▲ 14% YoY
Net profit · FY 2024
₹42.24 Lakh
Net margin 1.9%
EBITDA · FY 2024
₹76.18 Lakh
EBITDA margin 3.4%
Authorised capital
₹45 Lakh
Registered with MCA
Paid-up capital
₹45 Lakh
Issued & subscribed
Open charges
₹5.9 Cr
Secured borrowings
Company age
19 yrs
Est. 2007
Employees · EPFO
37
Provident fund records

About Pi Logistics (India) Private Limited

Data last updated:

Pi Logistics (India) Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the integrated logistics and supply chain solutions segment of the transport and logistics sector. It was incorporated on 11 December 2007 and has been in existence for over 19 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U60231MH2007PTC435178. Its GSTIN is 27AAECP4697H2ZX (Maharashtra). The company holds 6 GST registrations, of which 3 are active.

The company has an authorised share capital of ₹45 Lakh and a paid-up capital of ₹45 Lakh. It is led by directors including Pulya Venkataraman Ravi Prasad and Vijayaraghavan Govinda Rajan.

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 Thane, Maharashtra.

As per the financials filed for FY 2024, the company reported a revenue of ₹22.64 Cr, a growth of 14% compared to the previous year. For the same year it recorded a net profit of ₹42.24 Lakh (net margin 1.9%) and EBITDA of ₹76.18 Lakh (EBITDA margin 3.4%). Revenue has grown at a compounded annual rate (CAGR) of 32% over three years and 56% over five years.

The company has about 37 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: PI Logistics India. As per MCA filings, the company has open charges of ₹5.9 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.

Pi Logistics (India) Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-MH-33-0106809). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website pilogistics.in.

Company details

CIN U60231MH2007PTC435178
Registration Number 435178
Incorporation Date 11 December 2007
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 MSME
Udyam Registration UDYAM-MH-33-0106809

CIN history

Pi Logistics (India) has one previous CIN (Corporate Identification Number): U60231DL2007PTC171328. The current CIN is U60231MH2007PTC435178, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U60231MH2007PTC435178Current
U60231DL2007PTC171328Previous

Recognitions & Rankings of Pi Logistics (India)

MSME (Udyam registered) Ministry of MSME
Udyam number
UDYAM-MH-33-0106809

Contact details

Pi Logistics (India) Private Limited's registered office is in Thane, Maharashtra.

  • Registered Address
    Office No 705, Plot No 86 Sector – 17, Thane, Maharashtra, India – 400703
  • Industry
    Transport and Logistics, Integrated & Diversified Logistics Services
Comprehensive company report
Pi Logistics (India) 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Brands

Pi Logistics (India) operates one associated brand: PI Logistics India. Each brand links to its own profile.

BrandDescriptionWebsite
Offers air freight, ocean freight, customs clearance, warehousing, and domestic transport services.pilogistics.in

Business activity

The main business activity of Pi Logistics (India) is transport and storage. In detail, this covers services incidental to land, water & air transportation.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
HTransport and storageH5Services incidental to land, water & air transportation

To see the full business activity and turnover split of Pi Logistics (India) Private Limited, buy the company report.

Financials of Pi Logistics (India) Private Limited

FY 2024 filings available

Pi Logistics (India) Private Limited reported revenue of ₹22.64 Cr (up 14% YoY) for FY 2024.

Revenue · FY 2024
₹22.64 Cr ▲ 14%
Net profit · FY 2024
₹42.24 Lakh margin 1.9%
EBITDA · FY 2024
₹76.18 Lakh margin 3.4%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 14%
3 years · compounded
▲ 32%
5 years · compounded
▲ 56%
EBITDA CAGR growth
1 year
▼ 37%
3 years · compounded
▲ 7%
5 years · compounded
▲ 23%

Revenue has grown at a compounded annual rate (CAGR) of 56% over five years, including 14% growth in the latest year. EBITDA fell 37% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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₹76.18 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹42.24 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin3.4%
Net Profit Margin1.9%
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 Pi Logistics (India) Private Limited, buy the company report.

Board of directors of Pi Logistics (India) Private Limited

Pi Logistics (India) has 4 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Pulya Venkataraman Ravi PrasadDirector11 Dec 200718 Years 10 MonthsCurrent
Vijayaraghavan Govinda RajanDirector11 Dec 200718 Years 10 MonthsCurrent
Natrajan RamalingamDirector14 Dec 200718 Years 10 MonthsCurrent
Pulya Venkataraman NagarajanDirector11 Dec 200718 Years 10 MonthsCurrent

Peer comparison

Pi Logistics (India) Private Limited is compared with the 3 companies closest to it by revenue in the Transport and Logistics industry (Diversified Logistics), with the same principal business activity (services incidental to land, water & air transportation), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Ujwal International Logistics Private Limited₹22.7 Cr (FY 2024)-11.0%Bangalore, Karnataka, India
Pi Logistics (India) Private Limitedthis company₹22.64 Cr (FY 2024)₹42.24 Lakh1.9%14.0%Thane, Maharashtra, India
SGSL Shipping and Logistics Private Limited₹22.58 Cr (FY 2025)30.0%Thane, Maharashtra, India
Triton Multimodal (India) Private Limited₹22.53 Cr (FY 2023)10.0%Mumbai, Maharashtra, India

To see the full peer comparison of Pi Logistics (India) Private Limited, buy the company report.

Charges & borrowings

Open charges
₹5.9 Cr
Satisfied charges
None
Breakdown by lending institutions
Hdfc Bank Limited₹2.10 Cr
Yes Bank Limited₹2.00 Cr
Others₹1.80 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
19 Oct 2024100999465Hdfc Bank Limited₹16 LakhOpen
17 Sep 2024100999452Hdfc Bank Limited₹1.94 CrOpen
06 Sep 2024100985692Yes Bank Limited₹2 CrOpen
31 May 2023100729442Others₹1 CrOpen
28 Mar 2023100701096Others₹59.54 LakhOpen

Total charge records: 6 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Pi Logistics (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Pi Logistics (India) has 6 GST registrations: 3 active and 3 cancelled or inactive.

Total GSTINs
6
Active
3
Cancelled / inactive
3
GSTINStateStatusRegistered on
27AAECP4697H2ZXMaharashtraActive01 Jul 2017
07AAECP4697H1Z0DelhiActive01 Jul 2017
24AAECP4697H2Z3GujaratActive17 Aug 2017

To see the full GST registrations and return filing status of Pi Logistics (India) Private Limited, buy the company report.

Recent activity

Pi Logistics (India) Private Limited has 4 board changes on record since 2007: 4 appointments. The latest: Natrajan Ramalingam was appointed as Director on 14 Dec 2007.

Charges
A charge with Hdfc Bank Limited amounted to Rs. 16.00 Lakh with Charge ID 100999465 was registered on 19 Oct 2024.
AGM
Pi Logistics (India) Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 194.00 Lakh with Charge ID 100999452 was registered on 17 Sep 2024.
Charges
A charge with Yes Bank Limited amounted to Rs. 200.00 Lakh with Charge ID 100985692 was registered on 06 Sep 2024.
Filing
Pi Logistics (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge with Others amounted to Rs. 100.00 Lakh with Charge ID 100729442 was registered on 31 May 2023.
Charges
A charge with Others amounted to Rs. 59.54 Lakh with Charge ID 100701096 was registered on 28 Mar 2023.
Charges
A charge with Others amounted to Rs. 20.00 Lakh with Charge ID 100566827 was registered on 12 Apr 2022.
Appointed
Natrajan Ramalingam was appointed as Director.
Appointed
Pulya Venkataraman Nagarajan was appointed as Director.
Appointed
Pulya Venkataraman Ravi Prasad was appointed as Director.
Appointed
Vijayaraghavan Govinda Rajan was appointed as Director.

1 earlier event is in the company report.

Frequently asked questions

Pi Logistics (India) is an active private limited company based in Thane, Maharashtra, India. The company works in integrated and diversified logistics services, within the transport and logistics industry. It was incorporated on 11 December 2007 (19+ years old) and is registered under CIN U60231MH2007PTC435178.

Pi Logistics (India) has 4 current directors:

The latest financial statements of Pi Logistics (India) 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 2015 are in the company report.

The GSTIN of Pi Logistics (India) is 27AAECP4697H2ZX, registered in Maharashtra. The company has 6 GST registrations in all, of which 3 are active and 3 are cancelled or inactive. Other active GSTINs include 07AAECP4697H1Z0 (Delhi), 24AAECP4697H2Z3 (Gujarat).

The CIN (Corporate Identification Number) of Pi Logistics (India) is U60231MH2007PTC435178. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Pi Logistics (India) has 2 court cases on record: 1 filed by the company and 1 filed against it. 1 is pending. Most are in the district courts.

Pi Logistics (India) was incorporated on 11 December 2007, making it 19+ years old. It is registered with the Registrar of Companies, Mumbai.

The peers of Pi Logistics (India) by revenue are Ujwal International Logistics Private Limited, SGSL Shipping and Logistics Private Limited, Triton Multimodal (India) Private Limited, all in the Transport and Logistics industry (Diversified Logistics), with the same principal business activity (services incidental to land, water & air transportation).

Natrajan Ramalingam was appointed as Director on 14 Dec 2007. Pulya Venkataraman Nagarajan was appointed as Director on 11 Dec 2007. Pulya Venkataraman Ravi Prasad was appointed as Director on 11 Dec 2007. Pi Logistics (India) has 4 board changes on record in total.

Yes, Pi Logistics (India) is registered as an MSME under Udyam registration (number: UDYAM-MH-33-0106809).

Pi Logistics (India) can be reached through the website pilogistics.in. Its registered office is in Thane, Maharashtra, India.