Jet Freight Logistics Limited

Founded in 2006 and headquartered in Maharashtra, India.

2006 | Mumbai, Maharashtra (India) | Active
Last Updated: November 16, 2024

Jet Freight Logistics Profile

Key Indicators

  • Authorised Capital ₹ 75.00 Cr
  • Paid Up Capital ₹ 23.20 Cr
  • Company Age 18 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 71.50 Cr
  • Satisfied Charges ₹ 31.91 Cr
  • Revenue Growth -8.72%
  • Profit Growth -97.84%
  • Ebitda -25.56%
  • Net Worth 155.35%
  • Total Assets 39.86%

About Jet Freight Logistics

Jet Freight Logistics Limited (JFLL) is a leading Public Limited Indian Non-Government Company incorporated in India on 13 April 2006 and has a history of 18 years and ten months. Its registered office is in Mumbai, Maharashtra, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 543420 and on the National Stock Exchange(NSE) under JETFREIGHT.

The Corporate was formerly known as Jet Freight Logistics 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 75.00 Cr and a paid-up capital of Rs 23.20 Cr.

The company currently has active open charges totaling ₹71.50 Cr. The company has closed loans amounting to ₹31.91 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Jet Freight Logistics Limited India are Anmol Patni as COMPANY SECRETARY and Deepak Kacha as Cfo. Jaya Singhania, Agnes Theknath, Rushabh Patil, and Three other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    jetfreight.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L63090MH2006PLC161114

  • Company No.

    161114

  • Stock Symbol

    BSE : 543420 NSE : JETFREIGHT

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    13 Apr 2006

  • Date of AGM

    21 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Mumbai

Industry

Transport and Logistics

Who are the key members and board of directors at Jet Freight Logistics?

Executive Team (3)

NameDesignationAppointment DateStatus
Anmol Patni Company Secretary15-Jul-2024Current
Richard Theknath Country flag representing In Managing Director13-Apr-2006Current
Deepak Kacha CFO27-Feb-2024Current

Board Members (5)

NameDesignationAppointment DateStatus
Jaya Singhania Country flag representing In Director 17-May-2024Current
Agnes Theknath Country flag representing In Director 26-Sep-2012Current
Rushabh Patil Country flag representing In Director 07-Nov-2022Current
Ajay Gandeja Country flag representing In Director 09-Jun-2023Current
Dax Theknath Country flag representing In Whole-Time Director 13-Apr-2006Current

Financial Performance of Jet Freight Logistics.

Jet Freight Logistics Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 8.72% decrease. The company also saw a substantial fall in profitability, with a 97.84% decrease in profit. The company's net worth Soared by an impressive increase of 155.35%.

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
-8.72%
Revenue from Operations
-8.77%
Total Assets
39.86%
Profit or Loss
-97.84%
Net Worth
155.35%
EBITDA
-25.56%

What is the Ownership and Shareholding Structure of Jet Freight Logistics?

In 2023, Jet Freight Logistics had a promoter holding of 51.18% and a public holding of 48.81%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹71.50 Cr

Satisfied Charges

₹31.91 Cr

Charges Breakdown by Lending Institutions

  • Others : 57.17 Cr
  • State Bank Of India : 13.85 Cr
  • Axis Bank Limited : 0.48 Cr

Latest Charge Details

DateLenderAmountStatus
30 Sep 2024Others₹26.00 CrOpen
11 Sep 2024Others₹7.17 MOpen
03 Oct 2023Others₹3.50 CrOpen
30 Apr 2022Others₹2.58 CrOpen
18 Dec 2018Axis Bank Limited₹4.80 MOpen

How Many Employees Work at Jet Freight Logistics?

Jet Freight Logistics has a workforce of 219 employees as of Sep 04, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Jet Freight Logistics, 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 Jet Freight Logistics'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 Jet Freight Logistics

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 26.00 Cr with Charge ID 100996453 was registered on 30 Sep 2024.

    30 Sep 2024

  • Annual General Meeting

    Jet Freight Logistics Limited last Annual general meeting of members was held on 21 Sep 2024 as per latest MCA records.

    21 Sep 2024

  • Charges

    A charge with Others amounted to Rs. 0.72 Cr with Charge ID 100985370 was registered on 11 Sep 2024.

    11 Sep 2024

  • Director Appointment

    Anmol Ashvin Patni was appointed as a Company Secretary was appointed as a Company Secretary on 15 Jul 2024 & has been associated with this company since 7 months 8 days .

    15 Jul 2024

  • Charges

    A charge registered on 29 Nov 2020 via Charge ID 100414095 with Others was fully satisfied on 28 Jun 2024.

    28 Jun 2024

  • Director Appointment

    Jaya Ankur Singhania was appointed as a Director was appointed as a Director on 17 May 2024 & has been associated with this company since 9 months 6 days .

    17 May 2024

Frequently asked questions

  • Jet Freight Logistics Limited was incorporated on 13 Apr 2006.

  • The authorized share capital of Jet Freight Logistics Limited is ₹ 75.00 Cr and paid-up capital is ₹ 23.20 Cr.

  • Currently 8 directors are associated with Jet Freight Logistics Limited.

    • Jaya Ankur Singhania
    • Agnes Francis Theknath
    • Anmol Ashvin Patni
    • Rushabh Prashant Patil
    • Ajay Madhusudan Gandeja
    • Dax Francis Theknath
    • Richard Francis Theknath
    • Deepak Dinesh Kacha
  • As per Ministry of Corporate Affairs (Mca), the registered address of Jet Freight Logistics Limited is C/706 Pramukh Plaza Cardinal Gracious Road Opp. Holy Family Church Chakala, Andher I East India, Mumbai, Maharashtra, 400099.

  • The corporate identification number (CIN) of Jet Freight Logistics Limited is L63090MH2006PLC161114 and the company number is 161114 as per Ministry of Corporate Affairs (MCA).

  • Yes, Jet Freight Logistics Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): JETFREIGHT.

  • The Official website of Jet Freight Logistics Limited is https://www.jetfreight.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Jet Freight Logistics Limited has fallen by -8.72%.

  • As Per 2023 financial reports, 219 employees are currently employed by Jet Freight Logistics Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Jet Freight Logistics Limited has experienced an upsurge of 155.35%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Jet Freight Logistics Limited amount to ₹ 71.50 Cr.

  • The most recent Balance Sheet for Jet Freight Logistics Limited was filed with the ROC on 31 Mar 2024.

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