About Wheels & Waves Logistics Private Limited
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Wheels & Waves Logistics 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 07 September 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U63030MH2007PTC173927. Its GSTIN is 27AAACW7315B1ZM (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Samir Dipak Shah and Bina Samir Shah.
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 ₹12.14 Cr, a growth of 13% compared to the previous year. For the same year it recorded a net loss of ₹10.29 Lakh (net margin -0.8%) and EBITDA of ₹39.33 Lakh (EBITDA margin 3.2%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 16% 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 ₹3.37 Cr and satisfied charges of ₹40 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website wwlindia.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressOffice No. 5 Ground Floor Mahinder Chambers Opp. Duke'S Factory W. T. Patil Marg C, Hembur, Mumbai, Maharashtra, India – 400071
- IndustryTransport and Logistics, Integrated & Diversified Logistics Services
- 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 Wheels & Waves Logistics Private Limited
The main business activity of Wheels & Waves Logistics is transportation and storage. In detail, this covers warehousing and support activities for transportation.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| H | Transportation and storage | 52 | Warehousing and support activities for transportation | 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 Wheels & Waves Logistics Private Limited FY 2025 filings available
Wheels & Waves Logistics Private Limited reported revenue of ₹12.14 Cr (up 13% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Wheels & Waves Logistics Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 16% over five years, including 13% growth in the latest year. EBITDA rose 4% 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 Wheels & Waves Logistics Private Limited
| 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 | ₹39.33 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹10.29 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 Wheels & Waves Logistics Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -0.8% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Wheels & Waves Logistics 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 Wheels & Waves Logistics Private Limited
Wheels & Waves Logistics Private Limited 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 |
|---|---|---|---|---|---|---|
| Jyt Logistics Private Limited | ₹12.17 Cr (FY 2025) | •••• | •••• | 647.0% | •••• | Pune, Maharashtra, India |
| Akp Logistics India Private Limited | ₹12.17 Cr (FY 2024) | •••• | •••• | -33.0% | •••• | Chennai, Tamil Nadu, India |
| TSV Global Solutions Private Limited | ₹12.16 Cr (FY 2024) | •••• | •••• | 10.0% | •••• | Chennai, Tamil Nadu, India |
| Green Holiday Aviation Services Private Limited | ₹12.15 Cr (FY 2024) | •••• | •••• | 20.0% | •••• | Gurgaon, Haryana, India |
| Dhanes Logistics Private Limited | ₹12.15 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | Sinnar, Maharashtra, India |
| Wheels & Waves Logistics Private Limited this company | ₹12.14 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | Mumbai, Maharashtra, India |
| Sagar Transline Private Limited | ₹12.14 Cr (FY 2025) | •••• | •••• | 41.0% | •••• | Nerul, Maharashtra, India |
| Shipcon Logistics and Supply Chain Private Limited | ₹12.14 Cr (FY 2024) | •••• | •••• | 10.0% | •••• | New Delhi, Delhi, India |
| Systematic Logistics Private Limited | ₹12.12 Cr (FY 2024) | •••• | •••• | 23.0% | •••• | Mumbai, Maharashtra, India |
| CWC Import Private Limited | ₹12.11 Cr (FY 2025) | •••• | •••• | 23.0% | •••• | Chennai, Tamil Nadu, India |
| Newage Hongfa Logistics India Private Limited | ₹12.11 Cr (FY 2025) | •••• | •••• | -39.0% | •••• | Gurgaon, Haryana, India |
Peers are the five companies nearest above and the five nearest below Wheels & Waves Logistics 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 Wheels & Waves Logistics Private Limited
Wheels & Waves Logistics Private Limited is audited by M MEHTA & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| M MEHTA & 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 Wheels & Waves Logistics Private Limited
Wheels & Waves Logistics has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Samir Dipak Shah Also directs: Synovra Technologies LLP, W & W Sea-Air Logistics LLP | Director | 07 Sep 2007 | 19 Years 1 Months | Current |
| Bina Samir Shah Also directs: W & W Sea-Air Logistics LLP | Director | 02 Feb 2019 | 7 Years 8 Months | Current |
Ownership and Shareholding of Wheels & Waves Logistics 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 Wheels & Waves Logistics Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 13 May 2025 | Hdfc Bank Limited | ₹17 Lakh | Open |
| 17 Nov 2022 | Hdfc Bank Limited | ₹38.57 Lakh | Open |
| 13 Oct 2014 | Axis Bank Limited | ₹1.03 Cr | Open |
| 24 Mar 2012 | The Ratnakar Bank Limited | ₹1 Cr | Open |
| 07 Dec 2009 | The Ratnakar Bank Limited | ₹78 Lakh | Open |
Total charge records: 6 View all charges
MSME Payment Delays by Wheels & Waves Logistics Private Limited
Wheels & Waves Logistics Private Limited has 4 MSME Form 1 returns on record between 2023 and 2024, listing 9 overdue payments to 3 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 (3 of 3)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Indikos Forwarding Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Freightbridge Logistics Private Limited | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 4 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 Wheels & Waves Logistics Private Limited
Wheels & Waves Logistics Private Limited has a workforce of 10 employees as of Mar 30, 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 Wheels & Waves Logistics Private Limited
Wheels & Waves Logistics Private Limited has 10 board changes on record since 2007: 6 appointments and 4 cessations. The latest: Bina Samir Shah was appointed as Director on 02 Feb 2019.
9 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Wheels & Waves Logistics 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.
Subsidiaries & Group Companies of Wheels & Waves Logistics 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 Wheels & Waves Logistics Private Limited
Wheels & Waves Logistics has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACW7315B1ZM | 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 Wheels & Waves Logistics 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 Wheels & Waves Logistics Private Limited
Wheels & Waves Logistics 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 07 September 2007 (19+ years old) and is registered under CIN U63030MH2007PTC173927.
Wheels & Waves Logistics reported revenue of ₹12.14 Cr for FY 2025 (up 13% YoY).
Wheels & Waves Logistics has 2 current directors:
- Samir Dipak Shah - Director
- Bina Samir Shah - Director
Wheels & Waves Logistics reported a net loss of ₹10.29 Lakh (net margin -0.8%) and EBITDA of ₹39.33 Lakh (EBITDA margin 3.2%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Wheels & Waves Logistics is -12% over three years and 16% over five years. In the latest year (FY 2025) revenue rose 13%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Wheels & Waves Logistics is 27AAACW7315B1ZM, registered in Maharashtra.
The CIN (Corporate Identification Number) of Wheels & Waves Logistics is U63030MH2007PTC173927. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Wheels & Waves Logistics was incorporated on 07 September 2007, making it 19+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Wheels & Waves Logistics by revenue are Jyt Logistics Private Limited, Akp Logistics India Private Limited, TSV Global Solutions Private Limited, Green Holiday Aviation Services Private Limited, Dhanes Logistics Private Limited and 5 more, all in the Transport and Logistics industry (Diversified Logistics).
Bina Samir Shah was appointed as Director on 02 Feb 2019. Hiten Balkrishna Talati ceased to be Director on 02 Feb 2019. Hiren Manilal Shah ceased to be Director on 01 Mar 2018. Wheels & Waves Logistics has 10 board changes on record in total.
Wheels & Waves Logistics has 4 MSME Form 1 returns on record between 2023 and 2024, listing 9 overdue payments to 3 micro and small suppliers. The latest return was filed on 26 Apr 2024.
Wheels & Waves Logistics can be reached through the website wwlindia.com. Its registered office is in Mumbai, Maharashtra, India.