About Time Saving Couriers Private Limited
Data last updated:
Time Saving Couriers Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the express logistics segment of the transport and logistics sector. It was incorporated on 13 January 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U60300MH1994PTC076051. Its GSTIN is 27AAACT9074C1ZB (Maharashtra).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹13 Lakh. It is led by directors including Chris John Gracias and Suhail Mohammed Syed.
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 2024, the company reported a revenue of ₹2.61 Cr, a decline of 91% compared to the previous year. For the same year it recorded a net loss of ₹5.61 Lakh (net margin -2.1%) and EBITDA of ₹7.63 Lakh (EBITDA margin 2.9%). Revenue has declined at a compounded annual rate (CAGR) of 37% over three years and 36% over five years.
The company has about 10 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹25 Cr and satisfied charges of ₹50 Lakh on record. Court records list 1 case involving the company, including 1 filed by the company; 1 case is 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 timesavingcouriers.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressBuilding No 1 First Floor Unit No 103 Sona Udyog Premises Csl, Parsi Panchayat Road Andheri East, Mumbai, Maharashtra, India – 400069
- IndustryTransport and Logistics, Express Logistics
- 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 Time Saving Couriers Private Limited
The main business activity of Time Saving Couriers is transport and storage. In detail, this covers postal & courier activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| H | Transport and storage | H7 | Postal & Courier activities | 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 Time Saving Couriers Private Limited FY 2025 filings available
Time Saving Couriers Private Limited reported revenue of ₹2.61 Cr (down 91% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Time Saving Couriers Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 36% over five years, including a 91% fall in the latest year. EBITDA fell 92% 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 Time Saving Couriers Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 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 | ₹7.63 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹5.61 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 Time Saving Couriers Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -2.1% | •••• | •••• | •••• | •••• |
| 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 Time Saving Couriers 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 Time Saving Couriers Private Limited
Time Saving Couriers Private Limited is compared with the companies closest to it by revenue in the Transport and Logistics industry (Express 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 |
|---|---|---|---|---|---|---|
| SFS Business Solutions Private Limited | ₹2.66 Cr (FY 2016) | •••• | •••• | -73.0% | •••• | Mumbai, Maharashtra, India |
| Dhruv Roadlines Private Limited | ₹2.66 Cr (FY 2024) | •••• | •••• | -17.0% | •••• | Ahmedabad, Gujarat, India |
| Deskmate Global Express India Private Limited | ₹2.65 Cr (FY 2025) | •••• | •••• | 7843.0% | •••• | Ekkattuthangal, Tamil Nadu, India |
| Skyjet Xpress Services Private Limited | ₹2.64 Cr (FY 2025) | •••• | •••• | 80.0% | •••• | Navi Mumbai, Maharashtra, India |
| Lionex Logistics Private Limited | ₹2.63 Cr (FY 2024) | •••• | •••• | 59.0% | •••• | New Delhi, Delhi, India |
| Time Saving Couriers Private Limited this company | ₹2.61 Cr (FY 2024) | •••• | •••• | -91.0% | •••• | Mumbai, Maharashtra, India |
| Hallef Technologies Private Limited | ₹2.59 Cr (FY 2025) | •••• | •••• | -5.0% | •••• | Bangalore, Karnataka, India |
| Shree Shyam Air Services Private Limited | ₹2.55 Cr (FY 2025) | •••• | •••• | -4.0% | •••• | Kolkata, West Bengal, India |
| Yash Express and Logistics Private Limited | ₹2.54 Cr (FY 2019) | •••• | •••• | 16.0% | •••• | Kalyan, Maharashtra, India |
| Prince4line Overseas (OPC) Private Limited | ₹2.54 Cr (FY 2021) | •••• | •••• | •••• | New Delhi, Delhi, India | |
| Secure Express (India) Private Limited | ₹2.48 Cr (FY 2025) | •••• | •••• | 25.0% | •••• | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Time Saving Couriers by revenue in the Transport and Logistics industry (Express 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 Time Saving Couriers Private Limited
Time Saving Couriers Private Limited is audited by L D MOR & CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| L D MOR & CO | 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 Time Saving Couriers Private Limited
Time Saving Couriers has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chris John Gracias Also directs: Holiday Recreations Villas LLP, S2c International LLP, Pace Export (India) Private Limited and 3 more | Director | 14 Jan 1998 | 28 Years 8 Months | Current |
| Suhail Mohammed Syed | Director | 05 May 2016 | 10 Years 5 Months | Current |
| Daphyne Smitesh More | Director | 05 May 2016 | 10 Years 5 Months | Current |
Ownership and Shareholding of Time Saving Couriers Private Limited
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 Time Saving Couriers Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Jun 2025 | Others | ₹15 Cr | Open |
| 10 Jul 2023 | Others | ₹10 Cr | Open |
| 23 Mar 2016 | Others | ₹45 Lakh | Satisfied |
| 21 Feb 2005 | Citicorp Credit Op. Bank Ltd. | ₹5 Lakh | Satisfied |
Total charge records: 4 View all charges
Legal Cases of Time Saving Couriers Private Limited
Time Saving Couriers Private Limited has 1 court case on record: 1 filed by Time Saving Couriers. All case is pending. Status as checked on 01 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Cases) | Filed by the company against Whopper Online Services Private Limited | Pending |
Full case history
All 1 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.
Employees and EPFO Compliance at Time Saving Couriers Private Limited
Time Saving Couriers Private Limited has a workforce of 10 employees as of Mar 31, 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 Time Saving Couriers Private Limited
Time Saving Couriers Private Limited has 5 board changes on record since 1994: 4 appointments and 1 cessation. The latest: Daphyne Smitesh More was appointed as Director on 05 May 2016.
2 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Time Saving Couriers Private Limited
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.
MSME Payment Delays by Time Saving Couriers Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Time Saving Couriers Private Limited
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 Time Saving Couriers Private Limited
Time Saving Couriers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACT9074C1ZB | 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 Time Saving Couriers Private Limited
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 Time Saving Couriers Private Limited
Time Saving Couriers is an active private limited company based in Mumbai, Maharashtra, India. The company works in express logistics, within the transport and logistics industry. It was incorporated on 13 January 1994 (32+ years old) and is registered under CIN U60300MH1994PTC076051.
Time Saving Couriers reported revenue of ₹2.61 Cr for FY 2024 (down 91% YoY).
Time Saving Couriers has 3 current directors:
- Chris John Gracias - Director
- Suhail Mohammed Syed - Director
- Daphyne Smitesh More - Director
Time Saving Couriers reported a net loss of ₹5.61 Lakh (net margin -2.1%) and EBITDA of ₹7.63 Lakh (EBITDA margin 2.9%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Time Saving Couriers is -37% over three years and -36% over five years. In the latest year (FY 2024) revenue fell 91%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Time Saving Couriers is 27AAACT9074C1ZB, registered in Maharashtra.
The CIN (Corporate Identification Number) of Time Saving Couriers is U60300MH1994PTC076051. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Time Saving Couriers has 1 court case on record: 1 filed by the company. 1 is pending.
Time Saving Couriers was incorporated on 13 January 1994, making it 32+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Time Saving Couriers by revenue are SFS Business Solutions Private Limited, Dhruv Roadlines Private Limited, Deskmate Global Express India Private Limited, Skyjet Xpress Services Private Limited, Lionex Logistics Private Limited and 5 more, all in the Transport and Logistics industry (Express Logistics).
Daphyne Smitesh More was appointed as Director on 05 May 2016. Prabha Chris Gracias ceased to be Director on 05 May 2016. Suhail Mohammed Syed was appointed as Director on 05 May 2016. Time Saving Couriers has 5 board changes on record in total.