About Royal Forwarders P Ltd
Data last updated:
Royal Forwarders P Ltd is a private limited company based in Mumbai, Maharashtra, India. It operates in the carrying and forwarding agents (cfa) segment of the transport and logistics sector. It was incorporated on 20 October 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U63040MH1993PTC074597. Its GSTIN is 27AAACR3299K2ZW (Maharashtra). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹13.5 Lakh. It is led by directors including Subramanian Iyer and Ganesh Iyer.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹85.4 Cr, a decline of 6% compared to the previous year. For the same year it recorded a net profit of ₹6.09 Lakh (net margin 0.1%) and EBITDA of ₹21.55 Lakh (EBITDA margin 0.3%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 8% over five years.
The company has about 41 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹11.34 Cr and satisfied charges of ₹1.93 Cr on record. Court records list 12 cases involving the company, including 7 filed by the company and 3 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 royalforwarders.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address601/605 6th Floor Dattani Plaza Inside East – West Ind Centre Sakinaka Safed Pool Andher, I (E), Mumbai, Maharashtra, India – 400072
- 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 Royal Forwarders P Ltd
The main business activity of Royal Forwarders P is transportation and storage. In detail, this covers land transport and transport via pipelines.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| H | Transportation and storage | 49 | Land transport and transport via pipelines | 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 Royal Forwarders P Ltd FY 2025 filings available
Royal Forwarders P Ltd reported revenue of ₹85.4 Cr (down 6% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Royal Forwarders P Ltd
Revenue fell 6% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 8%. EBITDA fell 26% 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 Royal Forwarders P Ltd
| 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 | ₹21.55 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹6.09 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 Royal Forwarders P Ltd
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.1% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| 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 Royal Forwarders P 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 Royal Forwarders P Ltd
Royal Forwarders P Ltd is compared with the companies closest to it by revenue in the Transport and Logistics industry (Diversified Logistics). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Divvya CPP Private Limited | ₹86.08 Cr (FY 2025) | •••• | •••• | 55.0% | •••• | Pune, Maharashtra, India |
| T I C C Container Line India Private Limited | ₹85.88 Cr (FY 2025) | •••• | •••• | 60.0% | •••• | Mumbai, Maharashtra, India |
| Leaps N Laps Logistics Private Limited | ₹85.75 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Chennai, Tamil Nadu, India |
| Mudita Express Cargo Private Limited | ₹85.61 Cr (FY 2023) | •••• | •••• | -2.0% | •••• | New Delhi, Delhi, India |
| Cavalier Logistics Private Limited | ₹85.51 Cr (FY 2025) | •••• | •••• | 7.0% | •••• | Faridabad, Haryana, India |
| Royal Forwarders P Ltd this company | ₹85.4 Cr (FY 2025) | •••• | •••• | -6.0% | •••• | Mumbai, Maharashtra, India |
| Car Chassis Carriers Private Limited | ₹85.32 Cr (FY 2025) | •••• | •••• | -3.0% | •••• | Kolkata, West Bengal, India |
| Stream Line Logistics Private Limited | ₹85.25 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | Chennai, Tamil Nadu, India |
| Veritas Logistics Private Limited | ₹85.2 Cr (FY 2024) | •••• | •••• | 44.0% | •••• | Navi Mumbai, Maharashtra, India |
| Tuaman Infrastructure Limited | ₹85.03 Cr (FY 2025) | •••• | •••• | 3.0% | •••• | Kolkata, West Bengal, India |
| Mileage Logistics Private Limited | ₹85 Cr (FY 2025) | •••• | •••• | 44.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Royal Forwarders P by revenue in the Transport and Logistics industry (Diversified Logistics), 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 Royal Forwarders P Ltd
Royal Forwarders P Ltd is audited by MANOJ BABY & ASSOCIATES for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| MANOJ BABY & ASSOCIATES | 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 Royal Forwarders P Ltd
Royal Forwarders P 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 |
|---|---|---|---|---|
| Subramanian Iyer Also directs: DNR Logistics Private Limited | Director | 20 Oct 1993 | 32 Years 11 Months | Current |
| Ganesh Iyer Also directs: DNR Logistics Private Limited | Director | 20 Oct 1993 | 32 Years 11 Months | Current |
| Veeramani Anantharaman Chandrasekharpuram Also directs: DNR Logistics Private Limited | Director | 20 Oct 1993 | 32 Years 11 Months | Current |
Ownership and Shareholding of Royal Forwarders P Ltd
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 Royal Forwarders P Ltd
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Nov 2025 | Idbi Bank Limited | ₹2.7 Cr | Open |
| 30 Jan 2018 | Yes Bank Limited | ₹3.38 Cr | Open |
| 18 Apr 2017 | Hdfc Bank Limited | ₹12.82 Lakh | Open |
| 29 Dec 2011 | Yes Bank Limited | ₹5.14 Cr | Open |
| 24 Jan 2001 | Citi Bank | ₹8.13 Lakh | Satisfied |
Total charge records: 8 View all charges
Legal Cases of Royal Forwarders P Ltd
Royal Forwarders P Ltd has 12 court cases on record: 7 filed by Royal Forwarders P, 3 filed against it, 2 where it is another party. 2 cases are pending and 10 are disposed. Status as checked between 29 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 1 | 1 |
| High courts | 4 | 2 | 1 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Writ petition | Filed against the company by Sankalp Design and Engineers Private Limited | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Court case (SUMMARY CIVIL SUIT) | Filed by the company against Sankalp Design and Engineers Private Limited | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed by the company against Sankalp Design and Engineers Private Limited | Disposed |
| Bombay High Court | Court case (AO) | Filed against the company by Sankalp Design and Engineers Private Limited | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Private cases SS) | Filed by the company against Castings Dynamics Limited | Disposed |
Full case history
All 12 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.
MSME Payment Delays by Royal Forwarders P Ltd
Royal Forwarders P Ltd has 6 MSME Form 1 returns on record between 2019 and 2022, listing 40 overdue payments to 23 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 23)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Kunal Logistics | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| James Mackintosh and Company Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 6 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Royal Forwarders P Ltd
Royal Forwarders P Ltd has a workforce of 41 employees as of Apr 08, 2024.
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 Royal Forwarders P Ltd
Royal Forwarders P Ltd has 6 board changes on record since 1993: 3 appointments and 3 cessations. The latest: Gomathi Ganesh Iyer ceased to be Director on 20 Apr 2007.
13 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Royal Forwarders P Ltd
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.
Subsidiaries & Group Companies of Royal Forwarders P Ltd
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 Royal Forwarders P Ltd
Royal Forwarders P has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACR3299K2ZW | 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 Royal Forwarders P Ltd
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 Royal Forwarders P Ltd
Royal Forwarders P is an active private limited company based in Mumbai, Maharashtra, India. The company works in carrying and forwarding agents (cfa), within the transport and logistics industry. It was incorporated on 20 October 1993 (33+ years old) and is registered under CIN U63040MH1993PTC074597.
Royal Forwarders P reported revenue of ₹85.4 Cr for FY 2025 (down 6% YoY).
Royal Forwarders P has 3 current directors:
- Subramanian Iyer - Director
- Ganesh Iyer - Director
- Veeramani Anantharaman Chandrasekharpuram - Director
Royal Forwarders P reported a net profit of ₹6.09 Lakh (net margin 0.1%) and EBITDA of ₹21.55 Lakh (EBITDA margin 0.3%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Royal Forwarders P is 1% over three years and 8% over five years. In the latest year (FY 2025) revenue fell 6%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Royal Forwarders P is 27AAACR3299K2ZW, registered in Maharashtra. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Royal Forwarders P is U63040MH1993PTC074597. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Royal Forwarders P has 12 court cases on record: 7 filed by the company and 3 filed against it. 2 are pending. Most are in the district courts.
Royal Forwarders P was incorporated on 20 October 1993, making it 33+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Royal Forwarders P by revenue are Divvya CPP Private Limited, T I C C Container Line India Private Limited, Leaps N Laps Logistics Private Limited, Mudita Express Cargo Private Limited, Cavalier Logistics Private Limited and 5 more, all in the Transport and Logistics industry (Diversified Logistics).
Gomathi Ganesh Iyer ceased to be Director on 20 Apr 2007. Jaya Subramanian Iyer ceased to be Director on 20 Apr 2007. Lakshmi Iyer Veeramani ceased to be Director on 20 Apr 2007. Royal Forwarders P has 6 board changes on record in total.
Royal Forwarders P has 6 MSME Form 1 returns on record between 2019 and 2022, listing 40 overdue payments to 23 micro and small suppliers. The latest return was filed on 02 Dec 2022.