MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-33-0043194
Pioneer Cargo Private Limited - transport and logistics in Navi Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹44.05 Cr
▲ 11% YoY
Net profit · FY 2025
₹2.57 Cr
Net margin 5.8%
EBITDA · FY 2025
₹4.09 Cr
EBITDA margin 9.3%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Open charges
₹3.37 Cr
Secured borrowings
Company age
14 yrs
Est. 2012
Employees · EPFO
361
Provident fund records
About Pioneer Cargo Private Limited
Data last updated:
Pioneer Cargo Private Limited is a private limited company based in Navi Mumbai, Maharashtra, India. It operates in the cargo services segment of the transport and logistics sector. It was incorporated on 01 November 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2012PTC237435. Its GSTIN is 27AAGCP8673F1Z0 (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Shariq Ashraf and Shayan Jamshaid Ashraf.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at B – 106 Great Eastern Summit Sector 15 CBD Belapur Navi Mumbai, Maharashtra, India – 400614.
As per the financials filed for FY 2025, the company reported a revenue of ₹44.05 Cr, a growth of 11% compared to the previous year. For the same year it recorded a net profit of ₹2.57 Cr (net margin 5.8%) and EBITDA of ₹4.09 Cr (EBITDA margin 9.3%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 8% over five years.
The company has about 361 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Pioneer Cargo. As per MCA filings, the company has open charges of ₹3.37 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company; 1 case is pending.
Pioneer Cargo Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0043194). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website pioneercargo.in.
Company details
CIN U74999MH2012PTC237435
Registration Number 237435
Incorporation Date 01 November 2012
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-33-0043194
Key People
Shariq Ashraf Director Shayan Jamshaid Ashraf Director Jamshaid Ashraf Naziruddin Director Recognitions & Rankings of Pioneer Cargo
Contact details
Pioneer Cargo Private Limited's registered office is in Navi Mumbai, Maharashtra. Its website is pioneercargo.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressB – 106 Great Eastern Summit Sector 15 CBD Belapur Navi Mumbai, Maharashtra, India – 400614
- IndustryTransport and Logistics, Cargo Services
To see the full contact details of Pioneer Cargo Private Limited, buy the company report.
Comprehensive company report
Pioneer Cargo 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
Pioneer Cargo operates one associated brand: Pioneer Cargo. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides expert cargo lashing, choking, and palletization services for secure transit. | pioneercargo.in |
Business activity
The main business activity of Pioneer Cargo is transport and storage. In detail, this covers services incidental to land, water & air transportation.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transport and storage | H5 | Services incidental to land, water & air transportation |
To see the full business activity and turnover split of Pioneer Cargo Private Limited, buy the company report.
Financials of Pioneer Cargo Private Limited
FY 2025 filings availablePioneer Cargo Private Limited reported revenue of ₹44.05 Cr (up 11% YoY) for FY 2025.
Revenue · FY 2025
₹44.05 Cr ▲ 11%
Net profit · FY 2025
₹2.57 Cr margin 5.8%
EBITDA · FY 2025
₹4.09 Cr margin 9.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 11%
3 years · compounded
▲ 15%
5 years · compounded
▲ 8%
EBITDA CAGR growth
1 year
▲ 21%
3 years · compounded
▲ 38%
5 years · compounded
▲ 9%
Revenue has grown at a compounded annual rate (CAGR) of 8% over five years, including 11% growth in the latest year. EBITDA rose 21% 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 | ₹4.09 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.57 Cr | ||||
| 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.3% | ||||
| Net Profit Margin | 5.8% | ||||
| 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 Pioneer Cargo Private Limited, buy the company report.
Board of directors of Pioneer Cargo Private Limited
Pioneer Cargo has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shariq Ashraf Also directs: Pearl Recreation Private Limited, Pearl Freight Services Private Limited, Pearl Portline Private Limited and 2 more | Director | 05 Nov 2013 | 12 Years 11 Months | Current |
| Shayan Jamshaid Ashraf Also directs: Pearl Recreation Private Limited, Pearl Freight Services Private Limited, Pearl Portline Private Limited and 2 more | Director | 01 Nov 2012 | 13 Years 11 Months | Current |
| Jamshaid Ashraf Naziruddin | Director | 11 Mar 2016 | 10 Years 7 Months | Current |
Peer comparison
Pioneer Cargo Private Limited is compared with the 5 companies closest to it by revenue in the Transport and Logistics industry (Bulk Cargo and Container), with the same principal business activity (services incidental to land, water & air transportation), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Lakshadweep Development Corporation Limited | ₹47.06 Cr (FY 2025) | -15.0% | Lakshadweep, India | |||
| BDMP Cargo Private Limited | ₹45.91 Cr (FY 2025) | -10.0% | Bareilly, Uttar Pradesh, India | |||
| Pioneer Cargo Private Limitedthis company | ₹44.05 Cr (FY 2025) | ₹2.57 Cr | 5.8% | 11.0% | 361 | Navi Mumbai, Maharashtra, India |
| Universal Seaport Private Limited | ₹42.89 Cr (FY 2024) | 17.0% | Chennai, Tamil Nadu, India | |||
| Upower Logistics (India) Private Limited | ₹42.33 Cr (FY 2025) | 27.0% | New Delhi, Delhi, India | |||
| Cross Ocean Enterprises Pvt Ltd | ₹42.31 Cr (FY 2024) | 5.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Pioneer Cargo Private Limited, buy the company report.
Auditor
Pioneer Cargo Private Limited is audited by M.P.T & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M.P.T & ASSOCIATES | FY 2023 | 106435W |
Shareholding
The shareholding of Pioneer Cargo 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 Pioneer Cargo Private Limited, buy the company report.
Charges & borrowings
Open charges
₹3.37 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Jun 2025 | 101119748 | Hdfc Bank Limited | ₹30 Lakh | Open | |
| 04 Oct 2024 | 100985399 | Hdfc Bank Limited | ₹27.86 Lakh | Open | |
| 29 Jan 2024 | 100882086 | Hdfc Bank Limited | ₹20 Lakh | Open | |
| 05 Jan 2023 | 100674096 | Hdfc Bank Limited | ₹28.84 Lakh | Open | |
| 31 Oct 2022 | 100648017 | Hdfc Bank Limited | ₹2 Cr | Open |
Total charge records: 7 View all charges
Legal cases
Pioneer Cargo Private Limited has 2 court cases on record: 2 filed by Pioneer Cargo. 1 case is pending and 1 is disposed.
Total cases
2
Filed by the company
2
Pending
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Complaint ULP) | Filed by the company against International Cargo Terminal Pvt. Ltd. and 1 other | Pending |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Complaint ULP) | Filed by the company against an individual | Disposed |
To see the full case history of Pioneer Cargo 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 Pioneer Cargo Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Pioneer Cargo Private Limited has a workforce of 361 employees on its EPFO records as of Apr 03, 2024, across 1 active EPFO establishment.
Employee count
361
Active EPFO establishments
1
Employee growth
23.21%
GST
Pioneer Cargo has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCP8673F1Z0 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Pioneer Cargo Private Limited, buy the company report.
Recent activity
Pioneer Cargo Private Limited has 5 board changes on record since 2012: 3 appointments and 2 cessations. The latest: Jamshaid Ashraf Naziruddin was appointed as Director on 11 Mar 2016.
AGM
Pioneer Cargo Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 30.00 Lakh with Charge ID 101119748 was registered on 27 Jun 2025.
Filing
Pioneer Cargo Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai Ii.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 27.86 Lakh with Charge ID 100985399 was registered on 04 Oct 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 20.00 Lakh with Charge ID 100882086 was registered on 29 Jan 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 28.84 Lakh with Charge ID 100674096 was registered on 05 Jan 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 200.00 Lakh with Charge ID 100648017 was registered on 31 Oct 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 17.91 Lakh with Charge ID 100600791 was registered on 14 Jul 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 12.06 Lakh with Charge ID 100530234 was registered on 11 Jan 2022.
Appointed
Jamshaid Ashraf Naziruddin was appointed as Director.
Ceased
Jamshaid Ashraf Naziruddin ceased to be Director.
Ceased
Tahera Ashraf Jamshed ceased to be Director.
3 earlier events are in the company report.
Frequently asked questions
Pioneer Cargo is an active private limited company based in Navi Mumbai, Maharashtra, India. The company works in cargo services, within the transport and logistics industry. It was incorporated on 01 November 2012 (14+ years old) and is registered under CIN U74999MH2012PTC237435.
Pioneer Cargo has 3 current directors:
- Shariq Ashraf - Director
- Shayan Jamshaid Ashraf - Director
- Jamshaid Ashraf Naziruddin - Director
The latest financial statements of Pioneer Cargo on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Pioneer Cargo is 27AAGCP8673F1Z0, registered in Maharashtra.
The CIN (Corporate Identification Number) of Pioneer Cargo is U74999MH2012PTC237435. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pioneer Cargo has 2 court cases on record: 2 filed by the company. 1 is pending.
Pioneer Cargo was incorporated on 01 November 2012, making it 14+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Pioneer Cargo by revenue are Lakshadweep Development Corporation Limited, BDMP Cargo Private Limited, Universal Seaport Private Limited, Upower Logistics (India) Private Limited, Cross Ocean Enterprises Pvt Ltd, all in the Transport and Logistics industry (Bulk Cargo and Container), with the same principal business activity (services incidental to land, water & air transportation).
Jamshaid Ashraf Naziruddin was appointed as Director on 11 Mar 2016. Jamshaid Ashraf Naziruddin ceased to be Director on 10 Nov 2013. Tahera Ashraf Jamshed ceased to be Director on 10 Nov 2013. Pioneer Cargo has 5 board changes on record in total.
Yes, Pioneer Cargo is registered as a small enterprise under Udyam registration (number: UDYAM-MH-33-0043194).
Pioneer Cargo can be reached through the website pioneercargo.in. Its registered office is in Navi Mumbai, Maharashtra, India.