About Smartshift Logistics Solutions Private Limited
Data last updated:
Smartshift Logistics Solutions Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the integrated logistics and supply chain solutions segment of the transport and logistics sector. It was incorporated on 20 March 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2014PTC306120. Its GSTIN is 27AAGCR8772D1Z2 (Maharashtra). The company holds 20 GST registrations, of which 18 are active.
The company has an authorised share capital of ₹283.68 Cr and a paid-up capital of ₹265.29 Cr. It was formerly known as Resfeber Labs Private Limited. It is led by directors including Pranav Goel (Whole-Time Director) and Anant Gupta.
Its last annual general meeting (AGM) was held on 20 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 506 5th Floor Universal Business Park, Mumbai, Maharashtra.
As per the financials filed for FY 2026, the company reported a revenue of ₹6,698.02 Cr, a growth of 54% compared to the previous year. For the same year it recorded a net profit of ₹228.97 Cr (net margin 3.4%) and EBITDA of ₹207.42 Cr (EBITDA margin 3.1%). Revenue has grown at a compounded annual rate (CAGR) of 55% over three years and 83% over five years.
The company has about 2,085 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.
The company is associated with 1 brand: Porter. As per MCA filings, the company has satisfied charges of ₹51.5 Cr on record. Court records list 15 cases involving the company, including 10 filed by the company and 5 filed against it; 7 cases are pending. The company has 38 deals on record (18 funding rounds, 18 secondary share transfers, 1 acquisition), with disclosed funding of ₹3,831.87 Cr; the latest was in September 2025.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website porter.in.
Company details
CIN history
Smartshift Logistics Solutions has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U74999MH2014PTC306120, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74999MH2014PTC306120 | Current |
| U74999MH2014PTC254660 | Previous |
| U74999KA2014PTC094506 | Previous |
Contact details
Smartshift Logistics Solutions Private Limited's registered office is in Mumbai, Maharashtra. Its website is porter.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered AddressNo A – 501 A – 502 B – 504 B – 505 And B – 506 5th Floor Universal Business Park Chandivali And, Heri (E), Mumbai, Maharashtra, India – 400072
- IndustryTransport and Logistics, Integrated & Diversified Logistics Services
To see the full contact details of Smartshift Logistics Solutions 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
Business activity
The main business activity of Smartshift Logistics Solutions 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 Smartshift Logistics Solutions Private Limited, buy the company report.
Financials of Smartshift Logistics Solutions Private Limited
FY 2025 filings availableSmartshift Logistics Solutions Private Limited reported revenue of ₹6,698.02 Cr (up 54% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 83% over five years, including 54% growth in the latest year. EBITDA rose 148% 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| 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 | ₹207.42 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹228.97 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.1% | ||||
| Net Profit Margin | 3.4% | ||||
| 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 Smartshift Logistics Solutions Private Limited, buy the company report.
Board of directors and KMP of Smartshift Logistics Solutions Private Limited
Smartshift Logistics Solutions Private Limited currently reports 6 directors and 1 key managerial person. 19 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pranav Goel | Whole-Time Director | 20 Mar 2014 | 12 Years 7 Months | Current |
| Anant Gupta | Additional Director | 18 Jul 2025 | 1 Years 3 Months | Current |
| Puneet Renjhen Also directs: Swaraj Engines Ltd, Tech Mahindra Limited, Mahindra Manulife Insurance Limited and 3 more | Additional Director | 01 Aug 2024 | 2 Years 2 Months | Current |
| Kartikeya Dhruv Kaji Also directs: K12 Techno Services Private Limited, Petals Lifestyle LLP, Velvet Ribbon LLP and 5 more | Nominee Director | 14 Jul 2025 | 1 Years 3 Months | Current |
| Mahima Raj Kumar Chugh Also directs: SML Mahindra Limited | Nominee Director | 14 Jul 2025 | 1 Years 3 Months | Current |
| Uttam Digga | Ceo | 01 Aug 2023 | 3 Years 2 Months | Current |
Auditor
Smartshift Logistics Solutions Private Limited is audited by Walker Chandiok & Co LLP for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Walker Chandiok & Co LLP | FY 2025 | 001076N/N500013 |
Shareholding
The shareholding of Smartshift Logistics Solutions Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Smartshift Logistics Solutions Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Jan 2019 | 100236865 | Others | ₹25 Cr | Satisfied | |
| 27 Dec 2017 | 100146678 | Others | ₹6.5 Cr | Satisfied | |
| 30 Jun 2015 | 10582147 | Hdfc Bank Limited | ₹20 Cr | Satisfied |
To see the full charge records of Smartshift Logistics Solutions Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Smartshift Logistics Solutions Private Limited has 38 deals on record (18 funding rounds, 18 secondary share transfers, 1 acquisition), with disclosed funding of ₹3,831.87 Cr; the latest was in September 2025.
Deals on record (5 of 38)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2022 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: Claris Capital, Dominor Investment Holding LLP , an individual |
| Jul 2022 | Acquisition | Undisclosed | Buyer: Cogos Technologies Private Limited Seller: Smartshift Logistics Solutions Private Limited |
| Mar 2022 | Secondary share transfer | Undisclosed | Buyer: Lightrock India (LGT Lightstone Aspada), Peak XV Partners (Sequoia India and SEA) Seller: Dominor Investment Holding LLP , 3 individuals |
| Mar 2020 | Secondary share transfer | Undisclosed | Buyer: Mahindra Two Wheelers Limited Seller: Mahindra Trucks and Buses Limited |
| May 2019 | Funding round | ₹1.58 Cr | Investors: Mahindra and Mahindra Limited , Mahindra and Mahindra Financial Services Limited , 2 individuals |
To see the full deal history of Smartshift Logistics Solutions Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Smartshift Logistics Solutions Private Limited has 15 court cases on record: 10 filed by Smartshift Logistics Solutions, 5 filed against it. 7 cases are pending and 8 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 12 | 4 | 5 |
| High courts | 2 | 1 | 2 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 15)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Commercial suit | Filed by the company against Prasanna Transport Network Pvt. Ltd. and 2 others | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against Prasanna Transport Network Pvt. Ltd. and 1 other | Pending |
| District court, Hyderabad CCC, Telangana | Execution petition | Filed against the company by HDFC Bank Ltd | Disposed |
| High Court of Karnataka | Writ petition | Filed by the company against State of Karnataka | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by an individual | Pending |
To see the full case history of Smartshift Logistics Solutions 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 Smartshift Logistics Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Smartshift Logistics Solutions has 2 subsidiary companies. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Proshift Info Marketing Services Private Limited | U49231KA2023PTC172552 | |
| Smartshift Info Marketing Services Private Limited | U63999KA2023PTC182451 |
To see the full group structure of Smartshift Logistics Solutions Private Limited, buy the company report.
Employees & EPFO
Smartshift Logistics Solutions Private Limited has a workforce of 2,085 employees on its EPFO records as of Oct 08, 2025, across 1 active EPFO establishment.
GST
Smartshift Logistics Solutions has 20 GST registrations: 18 active and 2 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCR8772D1Z2 | Maharashtra | Active | 01 Jul 2017 |
| 07AAGCR8772D1Z4 | Delhi | Active | 01 Jul 2017 |
| 29AAGCR8772D1ZY | Karnataka | Active | 01 Jul 2017 |
| 33AAGCR8772D1Z9 | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Smartshift Logistics Solutions Private Limited, buy the company report.
Recent activity
Smartshift Logistics Solutions Private Limited has 24 board changes on record since 2014: 7 appointments and 17 cessations. The latest: Kartikeya Dhruv Kaji ceased to be Additional Director on 03 Aug 2025.
21 earlier events are in the company report.
News
From our blog
Frequently asked questions
Smartshift Logistics Solutions is an active private limited company based in Mumbai, Maharashtra, India. The company works in integrated and diversified logistics services, within the transport and logistics industry. It was incorporated on 20 March 2014 (12+ years old) and is registered under CIN U74999MH2014PTC306120.
Smartshift Logistics Solutions has 7 current directors and KMP:
- Pranav Goel - Whole-Time Director
- Anant Gupta - Additional Director
- Puneet Renjhen - Additional Director
- Kartikeya Dhruv Kaji - Nominee Director
- Mahima Raj Kumar Chugh - Nominee Director
- Samir Rajendra Abhyankar - Nominee Director
- Uttam Digga - Ceo
The latest financial statements of Smartshift Logistics Solutions on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 20 August 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Smartshift Logistics Solutions is 27AAGCR8772D1Z2, registered in Maharashtra. The company has 20 GST registrations in all, of which 18 are active and 2 are cancelled or inactive. Other active GSTINs include 07AAGCR8772D1Z4 (Delhi), 29AAGCR8772D1ZY (Karnataka), 33AAGCR8772D1Z9 (Tamil Nadu).
The CIN (Corporate Identification Number) of Smartshift Logistics Solutions is U74999MH2014PTC306120. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Smartshift Logistics Solutions has 15 court cases on record: 10 filed by the company and 5 filed against it. 7 are pending. Most are in the district courts.
Smartshift Logistics Solutions was incorporated on 20 March 2014, making it 12+ years old. It is registered with the Registrar of Companies, Mumbai.
Smartshift Logistics Solutions has 38 deals on record (18 funding rounds, 18 secondary share transfers, 1 acquisition), with disclosed funding of ₹3,831.87 Cr; the latest was in September 2025.
Kartikeya Dhruv Kaji ceased to be Additional Director on 03 Aug 2025. Mahima Raj Kumar Chugh ceased to be Additional Director on 03 Aug 2025. Samir Rajendra Abhyankar ceased to be Additional Director on 03 Aug 2025. Smartshift Logistics Solutions has 24 board changes on record in total.
Smartshift Logistics Solutions can be reached through the website porter.in. Its registered office is in Mumbai, Maharashtra, India.