About World Courier (India) Private Limited
Data last updated:
World Courier (India) Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of World Courier (Group) Inc, Usa. It operates in the supply chain outsourcing services segment of the business process outsourcing sector. It was incorporated on 03 November 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U64120KA1998PTC044469. Its GSTIN is 29AAACW3078K2ZU (Karnataka). The company holds 9 GST registrations, of which 6 are active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.09 Cr. It is led by directors including Deepak Kumar Shrivastava and Mudupagowda Manjunatha.
Its last annual general meeting (AGM) was held on 30 October 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at #121/3 Byarathi – Avallahalli Main Road Bilshevale Bidrahalli Hobli, Bangalore, Karnataka, India – 560077.
As per the financials filed for FY 2025, the company reported a revenue of ₹144.55 Cr. For the same year it recorded a net profit of ₹6.63 Cr (net margin 4.6%) and EBITDA of ₹13.13 Cr (EBITDA margin 9.1%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 6% over five years.
The company has about 144 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: World Courier. As per MCA filings, the company has open charges of ₹30 Lakh and satisfied charges of ₹18.46 Lakh on record. Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it; 1 case is pending. The company has 1 deal on record (1 funding round), with disclosed funding of ₹68.3 Lakh; the latest was in March 2008. The company has 1 MSME Form 1 return on record for the period ending Mar 2020, listing 2 overdue payments to 1 micro and small supplier.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website worldcourier.com.
Company details
CIN history
World Courier (India) has one previous CIN (Corporate Identification Number): U64120DL1998PTC096915. The current CIN is U64120KA1998PTC044469, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U64120KA1998PTC044469 | Current |
| U64120DL1998PTC096915 | Previous |
Contact details
World Courier (India) Private Limited's registered office is in Bangalore, Karnataka. Its website is worldcourier.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address#121/3 Byarathi – Avallahalli Main Road Bilshevale Bidrahalli Hobli, Bangalore, Karnataka, India – 560077
- IndustryBusiness Outsourcing, Supply Chain Outsourcing Services
To see the full contact details of World Courier (India) 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
Brands
World Courier (India) operates one associated brand: World Courier. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Courier services for healthcare products are provided globally. | worldcourier.com |
Business activity
The main business activity of World Courier (India) is support service to organizations. In detail, this covers other support services to organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of World Courier (India) Private Limited, buy the company report.
Financials of World Courier (India) Private Limited
FY 2025 filings availableWorld Courier (India) Private Limited reported revenue of ₹144.55 Cr for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 6% over five years. EBITDA rose 63% 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 | ₹13.13 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹6.63 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 | 9.1% | ||||
| Net Profit Margin | 4.6% | ||||
| 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 World Courier (India) Private Limited, buy the company report.
Board of directors of World Courier (India) Private Limited
World Courier (India) has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Deepak Kumar Shrivastava | Director | 05 Aug 2024 | 2 Years 3 Months | Current |
| Mudupagowda Manjunatha | Additional Director | 16 Apr 2025 | 1 Years 6 Months | Current |
| Pablo Rivas Cortes | Additional Director | 16 Apr 2025 | 1 Years 6 Months | Current |
Auditor
World Courier (India) Private Limited is audited by Walker Chandiok & Co LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Walker Chandiok & Co LLP | FY 2023 | 001076N/N500013 |
Shareholding
The shareholding of World Courier (India) 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 World Courier (India) Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Jan 2018 | 100192010 | Citi Bank N.A. | ₹30 Lakh | Open | |
| 24 Apr 2009 | 10160841 | Reliance Capital Ltd | ₹11.99 Lakh | Satisfied | |
| 30 Apr 2003 | 90330883 | Ford Credit Kotak Mahindera Ltd | ₹4.35 Lakh | Satisfied | |
| 07 Jun 2000 | 90330809 | Icici Bank Ltd. | ₹2.12 Lakh | Satisfied |
To see the full charge records of World Courier (India) Private Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
World Courier (India) Private Limited has 1 deal on record (1 funding round), with disclosed funding of ₹68.3 Lakh; the latest was in March 2008.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2008 | Funding round | ₹68.3 Lakh | Investors: World Courier Group Inc., USA |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
World Courier (India) Private Limited has 3 court cases on record: 2 filed by World Courier (India), 1 filed against it. 1 case is pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 1 | 1 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Court case (Civil M.A.) | Filed against the company by Ikf Finance Ltd Through Poa Vikrant Pratap Amale | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed by the company against Ms Shree Shakun Realty Pvt Ltd | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (Sum.Civ.Suit) | Filed by the company against Ms Shree Shakun Realty Pvt Ltd | Disposed |
To see the full case history of World Courier (India) 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
World Courier (India) Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2020, listing 2 overdue payments to 1 micro and small supplier. 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 (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Conscientia Consultancy Private Limited |
To see the full MSME payment records of World Courier (India) Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
World Courier (India) Private Limited has a workforce of 144 employees on its EPFO records as of Apr 04, 2024, across 2 active EPFO establishments.
GST
World Courier (India) has 9 GST registrations: 6 active and 3 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACW3078K2ZU | Karnataka | Active | 01 Jul 2017 |
| 07AAACW3078K1Z1 | Delhi | Active | 01 Jul 2017 |
| 24AAACW3078K1Z5 | Gujarat | Active | 01 Jul 2017 |
| 27AAACW3078K1ZZ | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of World Courier (India) Private Limited, buy the company report.
Recent activity
World Courier (India) Private Limited has 10 board changes on record since 2017: 4 appointments and 6 cessations. The latest: Barry Daw ceased to be Director on 30 Apr 2025.
8 earlier events are in the company report.
Frequently asked questions
World Courier (India) is an active private limited company based in Bangalore, Karnataka, India. The company works in supply chain outsourcing services, within the business outsourcing industry. It was incorporated on 03 November 1998 (28+ years old) and is registered under CIN U64120KA1998PTC044469.
World Courier (India) has 3 current directors:
- Deepak Kumar Shrivastava - Director
- Mudupagowda Manjunatha - Additional Director
- Pablo Rivas Cortes - Additional Director
The latest financial statements of World Courier (India) on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 October 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of World Courier (India) is 29AAACW3078K2ZU, registered in Karnataka. The company has 9 GST registrations in all, of which 6 are active and 3 are cancelled or inactive. Other active GSTINs include 07AAACW3078K1Z1 (Delhi), 24AAACW3078K1Z5 (Gujarat), 27AAACW3078K1ZZ (Maharashtra).
The CIN (Corporate Identification Number) of World Courier (India) is U64120KA1998PTC044469. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
World Courier (India) has 3 court cases on record: 2 filed by the company and 1 filed against it. 1 is pending.
World Courier (India) was incorporated on 03 November 1998, making it 28+ years old. It is registered with the Registrar of Companies, Bangalore.
World Courier (India) has 1 deal on record (1 funding round), with disclosed funding of ₹68.3 Lakh; the latest was in March 2008.
Barry Daw ceased to be Director on 30 Apr 2025. Mudupagowda Manjunatha was appointed as Additional Director on 16 Apr 2025. Pablo Rivas Cortes was appointed as Additional Director on 16 Apr 2025. World Courier (India) has 10 board changes on record in total.
World Courier (India) has 1 MSME Form 1 return on record for the period ending Mar 2020, listing 2 overdue payments to 1 micro and small supplier. The latest return was filed on 18 May 2020.
World Courier (India) can be reached through the website worldcourier.com. Its registered office is in Bangalore, Karnataka, India.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
