Fast Train Cargo Limited

Logistics company in India offering train, truck, and air cargo services, packaging, moving, and warehousing.

2005 | Thane, Maharashtra (India) | Active
Last Updated: December 24, 2024

Fast Train Cargo Profile

Key Indicators

  • Authorised Capital ₹ 12.50 Cr
  • Paid Up Capital ₹ 5.50 Cr
  • Company Age 19 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.97 Cr
  • Satisfied Charges ₹ 1.93 Cr
  • Revenue Growth -70.31%
  • Profit Growth 327.48%
  • Ebitda -6.51%
  • Net Worth 0.35%
  • Total Assets -5.31%

About Fast Train Cargo

Fast Train Cargo Limited (FTCL) is a Public Limited Indian Non-Government Company incorporated in India on 18 November 2005 and has a history of 19 years and three months. Its registered office is in Thane, Maharashtra, India.

The Corporate was formerly known as Fast Train Cargo Private Limited. The Company is engaged in the Transport And Logistics Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 12.50 Cr and a paid-up capital of Rs 5.50 Cr.

The company currently has active open charges totaling ₹1.97 Cr. The company has closed loans amounting to ₹1.93 Cr, as per Ministry of Corporate Affairs (MCA) records.

Nitin Somani, Manoj Somani, Sanjay Dhoke, and One other member serve as directors at the Company.

Company Details

  • Location

    Thane, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    fasttrainc.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U63020MH2005PLC157383

  • Company No.

    157383

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    18 Nov 2005

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Transport and Logistics

What products or services does Fast Train Cargo Limited offer?

Fast Train Cargo Limited offers a wide range of products and services, including Cargo Transportation Services, Warehousing Services.

Who are the key members and board of directors at Fast Train Cargo?

Executive Team (1)

NameDesignationAppointment DateStatus
Nitin Somani Country flag representing In Managing Director18-Nov-2005Current

Board Members (3)

NameDesignationAppointment DateStatus
Manoj Somani Country flag representing In Whole-Time Director 25-Jan-2007Current
Sanjay Dhoke Country flag representing In Director 07-Jul-2023Current
Khairu Pappuwale Country flag representing In Director 07-Jul-2023Current

Financial Performance of Fast Train Cargo.

Fast Train Cargo Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 70.31% decrease. The company also saw a substantial improvement in profitability, with a 327.48% increase in profit. The company's net worth moved up by a moderate rise of 0.35%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-70.31%
Revenue from Operations
-70.25%
Total Assets
-5.31%
Profit or Loss
327.48%
Net Worth
0.35%
EBITDA
-6.51%

What is the Ownership and Shareholding Structure of Fast Train Cargo?

In 2021, Fast Train Cargo had a promoter holding of 97.59% and a public holding of 2.42%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1.97 Cr

Satisfied Charges

₹1.93 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 1.76 Cr
  • Others : 0.21 Cr

Latest Charge Details

DateLenderAmountStatus
17 Jun 2024Others₹2.06 MOpen
25 Oct 2017Hdfc Bank Limited₹5.99 MOpen
24 Oct 2017Hdfc Bank Limited₹5.77 MOpen
01 Dec 2012Hdfc Bank Limited₹2.92 MOpen
27 Nov 2012Hdfc Bank Limited₹2.92 MOpen

How Many Employees Work at Fast Train Cargo?

Unlock and access historical data on people associated with Fast Train Cargo, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Fast Train Cargo, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Fast Train Cargo's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Fast Train Cargo

Recent activity within the organization

  • Annual General Meeting

    Fast Train Cargo Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Charges

    A charge with Others amounted to Rs. 0.21 Cr with Charge ID 100945730 was registered on 17 Jun 2024.

    17 Jun 2024

  • Balance Sheet

    Fast Train Cargo Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Director Appointment

    Sanjay Wasudeo Dhoke was appointed as a Director was appointed as a Director on 07 Jul 2023 & has been associated with this company since 1 year 7 months .

    07 Jul 2023

  • Director Appointment

    Khairu Imam Pappuwale was appointed as a Director was appointed as a Director on 07 Jul 2023 & has been associated with this company since 1 year 7 months .

    07 Jul 2023

  • Charges

    A charge registered on 09 Apr 2012 via Charge ID 10353801 with L & T Finance Limited was fully satisfied on 07 Aug 2018.

    07 Aug 2018

Frequently asked questions

  • Fast Train Cargo Limited was incorporated on 18 Nov 2005.

  • The authorized share capital of Fast Train Cargo Limited is ₹ 12.50 Cr and paid-up capital is ₹ 5.50 Cr.

  • Currently 4 directors are associated with Fast Train Cargo Limited.

    • Nitin Prabhudas Somani
    • Manoj Prabhudas Somani
    • Sanjay Wasudeo Dhoke
    • Khairu Imam Pappuwale
  • As per Ministry of Corporate Affairs (Mca), the registered address of Fast Train Cargo Limited is H. No. 486 Gala 9-10 Blg 55 Gr Flr1 Flr Indian Corporation Dapode Village, Bhiwandi, Maharashtra, 421302.

  • The corporate identification number (CIN) of Fast Train Cargo Limited is U63020MH2005PLC157383 and the company number is 157383 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Fast Train Cargo Limited is https://www.fasttrainc.com

  • According to the financial reports for the fiscal year 2021, the revenue trend for Fast Train Cargo Limited has fallen by -70.31%.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Fast Train Cargo Limited has experienced an upsurge of 0.35%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Fast Train Cargo Limited amount to ₹ 1.97 Cr.

  • The most recent Balance Sheet for Fast Train Cargo Limited was filed with the ROC on 31 Mar 2024.

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