Benefits

Dashboard

See Price & Plans

Not registered yet? Get a free account.

Ecom Express Limited
Location
People
Financials
- Financial Highlights
- Balance Sheet
- Profit & Loss
- Ratios
Charges
Network
T. Score
Registered Details

ECOM EXPRESS LIMITED

ecomexpress.in

All Companies ›

Delhi ›

Transport Services ›

ECOM EXPRESS LIMITED

Active

Updated: 19 Dec 2025

ECOM EXPRESS LIMITED is a leading logistics and supply chain company that operates primarily in the market, specializing in e-commerce logistics solutions. It offers services such as last-mile delivery, warehousing, and cash-on-delivery, addressing the unique challenges of the e-commerce sector and supporting businesses in enhancing their distribution efficiency.

Ecom Express Limited, is an unlisted public company incorporated on 27 August, 2012. It is classified as a public limited company and is located in , Delhi. It's authorized share capital is INR 2,400.00 cr and the total paid-up capital is INR 420.76 cr.

Subscription Plans

Industry and products

Supporting and auxiliary transport activities, activities of travel agencies

cash before delivery, dropship, cash on delivery, and reverse, pre-paid

Company size

Auth Capital

₹ 2,400.0 Cr

Paidup Capital

₹ 420.8 Cr

Revenue

₹ 2500-2750 cr

Key Metrics

** All rupee values in INR crores. Based on March 2024 numbers.

Total Revenue

3.0%

₹ 2,652.9

EBITDA

₹ -6.7

Net Profit

₹ -248.5

Networth

-44.87%

₹ 262.6

Borrowings

2.55%

₹ 824.2

Assets

-10.16%

₹ 2,070.4

Gross Margin

1.11

46.7 %

Operating Margin

1.92

-0.3 %

Net Profit Margin

8.97

-9.4 %

Return on Equity

4.56

-94.7 %

ROCE

-0.43

-18.4 %

Debt to Equity

1.45

3.1

Sales

Mar 2024

Net worth

Mar 2024

Buy Report or Plans

Dashboards

Popular Plan

Company dashboard

₹ 449
- Five year financials and ratios
- Risk analysis
- Interactive charts

Buy credits

View subscriptions

MCA Fillings

All financials

₹ 349
- All financials
- All annual returns
- MoA and AoA
1 Year

₹ 249
- Latest financials
- Latest annual return
- MoA and AoA

PDF Reports

Financial report

₹ 799
- Five year financials and ratios
- Shareholding and group structure
Financial+Litigation report

₹ 1299
- Everything in financial report
- Litigation report on the company
Due diligence report

₹ 2999
- Everything in financial+litigation report
- Peers and financials

* GST not included

** Reports & MCA filings will be based on the latest available financials.

** Delivery timelines are on best-effort basis during working hours. Filings 3-4 hours. Reports 24-48 hours.

Locations

India (291)

State	Type	Address

Locations on Map

People

Designation	Name	DIN/PAN
Director	Padmini Srinivasan	09813415
Director	Sameer Ashok Mehta	02945481
Director	Vani Venkatesh	08212186

Financial Highlights

** All numbers in INR crores

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Sales	1,235.5	1,622.8	2,090.3	2,548.2	2,607.3
Operating profit	-317.2	135.1	75.8	-55.4	-6.7
Net profit	-313.5	47.5	-46.3	-472.5	-248.5
Gross margin	51.7	51.3	45.8	45.6	46.7
Operating margin	-25.7	8.3	3.6	-2.2	-0.3
Net margin	-25.0	2.9	-2.2	-18.3	-9.4
Networth	611.1	970.8	919.3	476.2	262.6
Borrowings	-	13.5	338.2	803.7	824.2
Assets	861.4	1,565.3	2,057.2	2,304.6	2,070.4
Debt to equity	0.0	0.0	0.4	1.7	3.1
Current ratio	2.2	2.5	1.6	1.3	1.3
ROE	-51.3	4.9	-5.0	-99.2	-94.7
Days payable	53.0	68.0	70.0	51.0	62.0
WC days	68.0	127.0	70.0	28.0	29.0

Margins

Gross margin

Operating margin

Net margin

Balance Sheet

Standalone

Consolidated

₹

** All numbers in INR crores

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Equity Capital	2.1	2.5	2.5	2.5	2.5
Reserves	609.0	968.2	916.8	473.7	260.0
Borrowings +	-	13.5	338.2	803.7	824.2
Long term borrowings	-	13.5	182.2	558.4	669.1
Short term borrowings	-	-	156.0	245.3	155.1
Trade payables +	86.2	146.5	217.1	192.4	236.5
Days payable	53.0	68.0	70.0	51.0	62.0
Other liabilities +	250.3	581.1	799.6	1,024.7	983.7
Other non-current liabilities	61.3	193.4	312.4	592.8	457.4
Other current liabilities	102.8	241.2	270.1	239.5	289.8
Total liabilities	861.4	1,565.3	2,057.2	2,304.6	2,070.4
Fixed Assets +	176.6	403.3	681.5	1,294.8	1,035.7
Tangible assets	170.3	392.3	646.6	1,257.7	986.9
CWIP	3.6	7.7	22.0	25.8	7.9
Intangible assets	2.8	3.2	12.9	11.2	40.9
LT loans and advances	12.5	12.4	23.7	-	-
Other non-current assets	253.2	198.0	310.5	140.0	147.9
Current assets +	419.0	951.6	1,041.4	869.8	886.9
Inventories	-	-	-	-	-
Trade receivables	128.2	189.0	360.8	259.0	273.3
Cash and cash equivalents	23.1	155.3	272.1	317.7	304.6
ST loans and advances	7.4	16.7	18.4	-	-
Other current assets	260.3	590.6	390.1	293.1	309.0
Total assets	861.4	1,565.3	2,057.2	2,304.6	2,070.4

Percentage of assets	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Equity Capital	0.24	0.16	0.12	0.11	0.12
Reserves	70.7	61.86	44.56	20.55	12.56
Borrowings +	0.0	0.86	16.44	34.87	39.81
Long term borrowings	0.0	0.86	8.86	24.23	32.32
Short term borrowings	0.0	0.0	7.58	10.64	7.49
Trade payables	10.01	9.36	10.55	8.35	11.42
Other liabilities +	29.06	37.12	38.87	44.46	47.51
Other non-current liabilities	7.11	12.35	15.19	25.72	22.09
Other current liabilities	11.94	15.41	13.13	10.39	14.0
Total liabilities
Fixed Assets +	20.51	25.76	33.13	56.18	50.02
Tangible assets	19.77	25.07	31.43	54.58	47.67
CWIP	0.42	0.49	1.07	1.12	0.38
Intangible assets	0.32	0.21	0.63	0.49	1.97
LT loans and advances	1.45	0.79	1.15	0.0	0.0
Other non-current assets	29.4	12.65	15.1	6.07	7.14
Current assets +	48.64	60.79	50.63	37.74	42.84
Inventories	0.0	0.0	0.0	0.0	0.0
Trade receivables	14.88	12.07	17.54	11.24	13.2
Cash and cash equivalents	2.68	9.92	13.23	13.79	14.71
ST loans and advances	0.85	1.07	0.89	0.0	0.0
Other current assets	30.22	37.73	18.96	12.72	14.92
Total assets

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Equity Capital	2.1	2.5	2.5	2.5	2.5
Reserves	609.0	971.2	875.5	474.5	253.5
Borrowings +	-	13.7	339.6	803.7	824.2
Long term borrowings	-	13.7	182.3	558.4	669.1
Short term borrowings	-	-	157.2	245.3	155.1
Trade payables +	86.2	150.0	226.9	192.4	236.5
Days payable	53.0	69.0	72.0	51.0	62.0
Other liabilities +	250.3	592.5	828.2	1,044.1	1,010.2
Other non-current liabilities	61.3	194.3	319.1	612.2	483.9
Other current liabilities	102.8	248.2	282.2	239.5	289.8
Total liabilities	861.4	1,579.9	2,045.8	2,324.8	2,090.4
Fixed Assets +	176.6	452.2	739.5	1,294.8	1,035.7
Tangible assets	170.3	394.3	661.1	1,257.7	986.9
CWIP	3.6	8.3	22.0	25.8	7.9
Intangible assets	2.8	49.6	56.3	11.2	40.9
LT loans and advances	12.5	12.4	23.7	-	-
Other non-current assets	253.2	136.6	224.2	160.3	167.9
Current assets +	419.0	978.6	1,058.5	869.8	886.9
Inventories	-	-	-	-	-
Trade receivables	128.2	198.8	367.2	259.0	273.3
Cash and cash equivalents	23.1	163.8	277.6	317.7	304.6
ST loans and advances	7.4	16.7	20.3	-	-
Other current assets	260.3	599.4	393.5	293.1	309.0
Total assets	861.4	1,579.9	2,045.8	2,324.8	2,090.4

Percentage of assets	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Equity Capital	0.24	0.16	0.12	0.11	0.12
Reserves	70.7	61.47	42.8	20.41	12.13
Borrowings +	0.0	0.87	16.6	34.57	39.43
Long term borrowings	0.0	0.87	8.91	24.02	32.01
Short term borrowings	0.0	0.0	7.69	10.55	7.42
Trade payables	10.01	9.5	11.09	8.28	11.31
Other liabilities +	29.06	37.5	40.48	44.91	48.32
Other non-current liabilities	7.11	12.3	15.6	26.33	23.15
Other current liabilities	11.94	15.71	13.79	10.3	13.86
Total liabilities
Fixed Assets +	20.51	28.62	36.14	55.69	49.54
Tangible assets	19.77	24.96	32.32	54.1	47.21
CWIP	0.42	0.52	1.08	1.11	0.38
Intangible assets	0.32	3.14	2.75	0.48	1.95
LT loans and advances	1.45	0.79	1.16	0.0	0.0
Other non-current assets	29.4	8.65	10.96	6.89	8.03
Current assets +	48.64	61.94	51.74	37.41	42.43
Inventories	0.0	0.0	0.0	0.0	0.0
Trade receivables	14.88	12.58	17.95	11.14	13.07
Cash and cash equivalents	2.68	10.37	13.57	13.67	14.57
ST loans and advances	0.85	1.06	0.99	0.0	0.0
Other current assets	30.22	37.94	19.23	12.61	14.78
Total assets

Total assets

Profit & Loss

Standalone

Consolidated

₹

** All numbers in INR crores

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Sales +	1,235.5	1,622.8	2,090.3	2,548.2	2,607.3
Sales growth %	22.83	31.36	28.81	21.9	2.32
Expenses +	1,631.4	1,603.1	2,185.4	2,902.8	2,921.6
Cost of goods	596.8	790.6	1,133.9	1,386.7	1,389.9
Employee cost	376.3	453.7	515.7	664.0	603.3
Other costs	579.5	243.4	364.8	552.8	620.8
Operating profit +	-317.2	135.1	75.8	-55.4	-6.7
Operating margin %	-25.7	8.3	3.6	-2.2	-0.3
Other income	18.5	37.9	34.0	27.4	45.6
Interest	11.2	22.1	38.4	87.6	86.0
Depreciation	67.6	93.3	132.5	211.6	221.6
Exceptional items	-	-	-	-112.6	-
Profit before tax	-377.4	57.6	-61.1	-439.9	-268.7
Tax	-63.9	10.1	-14.7	32.5	-20.2
Profit - disc. ops	-	-	-	-	-
Net profit	-313.5	47.5	-46.3	-472.5	-248.5
Net margin %	-25.0	2.9	-2.2	-18.3	-9.4

Precentage of total income	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Sales	98.53	97.72	98.4	98.94	98.28
Expenses +	130.1	96.53	102.87	112.71	110.13
Cost of goods	47.6	47.6	53.38	53.84	52.39
Employee cost	30.01	27.32	24.28	25.78	22.74
Other costs	46.21	14.66	17.17	21.47	23.4
Operating profit	-25.3	8.14	3.57	-2.15	-0.25
Other income	1.47	2.28	1.6	1.06	1.72
Interest	0.89	1.33	1.81	3.4	3.24
Depreciation	5.39	5.62	6.24	8.22	8.35
Exceptional items	0.0	0.0	0.0	-4.37	0.0
Profit before tax	-30.1	3.47	-2.87	-17.08	-10.13
Tax	-5.1	0.61	-0.69	1.26	-0.76
Profit - disc. ops	0.0	0.0	0.0	0.0	0.0
Net profit	-25.0	2.86	-2.18	-18.34	-9.37

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Sales +	1,235.5	1,629.1	2,127.3	2,548.2	2,607.3
Sales growth %	None	31.86	30.58	19.78	2.32
Expenses +	1,631.4	1,613.6	2,269.4	2,902.8	2,921.6
Cost of goods	596.8	791.9	1,157.3	1,386.7	1,389.9
Employee cost	376.3	457.7	546.1	664.0	603.3
Other costs	579.5	247.2	385.6	552.8	620.8
Operating profit +	-317.2	132.3	38.3	-55.4	-6.7
Operating margin %	-25.7	8.1	1.8	-2.2	-0.3
Other income	18.5	38.0	34.7	27.4	45.6
Interest	11.2	22.4	39.6	87.6	86.0
Depreciation	67.6	94.4	140.7	211.6	221.6
Exceptional items	-	-	-	-	-
Profit before tax	-377.4	53.5	-107.3	-327.3	-268.7
Tax	-63.9	10.1	-15.9	32.5	-20.2
Profit - disc. ops	-	-	-	-68.3	-7.4
Net profit	-313.5	43.4	-91.4	-428.1	-255.9
Net margin %	-25.0	2.6	-4.2	-17.1	-9.7

Precentage of total income	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Sales	98.53	97.72	98.39	98.94	98.28
Expenses +	130.1	96.79	104.96	112.71	110.13
Cost of goods	47.6	47.5	53.53	53.84	52.39
Employee cost	30.01	27.46	25.26	25.78	22.74
Other costs	46.21	14.83	17.84	21.47	23.4
Operating profit	-25.3	7.94	1.77	-2.15	-0.25
Other income	1.47	2.28	1.61	1.06	1.72
Interest	0.89	1.34	1.83	3.4	3.24
Depreciation	5.39	5.66	6.51	8.22	8.35
Exceptional items	0.0	0.0	0.0	0.0	0.0
Profit before tax	-30.1	3.21	-4.96	-12.71	-10.13
Tax	-5.1	0.61	-0.74	1.26	-0.76
Profit - disc. ops	0.0	0.0	0.0	-2.65	-0.28
Net profit	-25.0	2.6	-4.23	-16.62	-9.65

Revenue from operations

Ratios

Standalone

Consolidated

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Solvency +
Total Debt/Equity	0.0	0.0	0.4	1.7	3.1
Net Debt/Equity	0.0	0.0	0.1	1.0	2.0
Total Debt/Assets	0.0	0.0	0.2	0.3	0.4
Total Assets/Equity	1.4	1.6	2.2	4.8	7.9
Liquidity +
Current Ratio	2.2	2.5	1.6	1.3	1.3
Quick Ratio	2.2	2.5	1.6	1.3	1.3
Interest Coverage	-28.4	6.1	2.0	-0.6	-0.1
Performance
Gross Margin	51.7	51.3	45.8	45.6	46.7
Operating Margin	-25.7	8.3	3.6	-2.2	-0.3
Net Margin	-25.0	2.9	-2.2	-18.3	-9.4
Return +
Return on Equity	-51.3	4.9	-5.0	-99.2	-94.7
Pre-tax ROCE	-94.6	4.3	-5.2	-18.0	-18.4
Return on Assets	-36.4	3.0	-2.2	-20.5	-12.0
Pre-tax ROIC	-63.0	4.3	-5.8	-27.8	-29.2
Efficiency +
Days Payable	53.0	68.0	70.0	51.0	62.0
Days Inventory	0.0	0.0	0.0	0.0	0.0
Days Receivable	38.0	43.0	63.0	37.0	38.0
Fixed Asset Turnover	7.0	4.0	3.1	2.0	2.5
Total Asset Turnover	1.4	1.0	1.0	1.1	1.3
Working Capital
Cash Conversion Cycle	-15.0	-25.0	-7.0	-14.0	-24.0
Working Capital Days	68.0	127.0	70.0	28.0	29.0

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Solvency +
Total Debt/Equity	0.0	0.0	0.4	1.7	3.2
Net Debt/Equity	0.0	0.0	0.1	1.0	2.0
Total Debt/Assets	0.0	0.0	0.2	0.3	0.4
Total Assets/Equity	1.4	1.6	2.3	4.9	8.2
Liquidity +
Current Ratio	2.2	2.5	1.6	1.3	1.3
Quick Ratio	2.2	2.5	1.6	1.3	1.3
Interest Coverage	-28.4	5.9	1.0	-0.6	-0.1
Performance
Gross Margin	51.7	51.4	45.6	45.6	46.7
Operating Margin	-25.7	8.1	1.8	-2.2	-0.3
Net Margin	-25.0	2.6	-4.2	-17.1	-9.7
Return +
Return on Equity	-51.3	4.5	-10.4	-89.8	-99.9
Pre-tax ROCE	-94.6	3.7	-9.1	-18.0	-18.4
Return on Assets	-36.4	2.8	-4.5	-18.4	-12.2
Pre-tax ROIC	-63.0	3.9	-10.9	-27.7	-29.4
Efficiency +
Days Payable	53.0	69.0	72.0	51.0	62.0
Days Inventory	0.0	0.0	0.0	0.0	0.0
Days Receivable	38.0	45.0	63.0	37.0	38.0
Fixed Asset Turnover	7.0	3.6	2.9	2.0	2.5
Total Asset Turnover	1.4	1.0	1.0	1.1	1.2
Working Capital
Cash Conversion Cycle	-15.0	-24.0	-9.0	-14.0	-24.0
Working Capital Days	68.0	130.0	67.0	28.0	29.0

Ratios

Current ratio

Debt/equity ratio

Charges on assets

Bank wise

Charges

Axis Bank Limited

No. of Loans: 2

Total Amount : 200.0 cr

HDFC Bank Limited

No. of Loans: 3

Total Amount : 95.0 cr

Kotak Mahindra Bank Limited

No. of Loans: 1

Total Amount : 55.0 cr

IDFC First Bank Limited

No. of Loans: 2

Total Amount : 50.2 cr

Yes Bank Limited

No. of Loans: 1

Total Amount : 50.0 cr

Union Bank of India

No. of Loans: 1

Total Amount : 0.9 cr

Charge Holder	Amount	Date of creation/modification
HDFC Bank Limited	25.0 cr	08 Mar, 2025
Union Bank of India	0.9 cr	05 Mar, 2024
Kotak Mahindra Bank Limited	55.0 cr	27 Feb, 2024
Yes Bank Limited	50.0 cr	12 Jan, 2024
IDFC First Bank Limited	0.2 cr	06 Mar, 2023
IDFC First Bank Limited	50.0 cr	06 Mar, 2023
Axis Bank Limited	50.0 cr	12 Sep, 2022
HDFC Bank Limited	25.0 cr	28 Jun, 2022
Axis Bank Limited	150.0 cr	29 Dec, 2021
HDFC Bank Limited	45.0 cr	30 Jul, 2020

Charges

Axis Bank Limited

HDFC Bank Limited

Kotak Mahindra Bank Limited

IDFC First Bank Limited

Others

Company Network

Companies connected through Directors

Name	Status	Paid up Capital	Common Directors	Address
CAST TECH PRIVATE LIMITED	Active	1.0 Cr	1	Maharashtra
TRIOCAST TECHNOLOGIES PRIVATE LIMITED	Active	1.5 Cr	1	Telangana
CASTTECH ALLIED PRIVATE LIMITED	Active	3.0 Cr	1	Maharashtra
IMAGINE MARKETING LIMITED	Active	22.5 Cr	1	Maharashtra
DELHIVERY LIMITED	Active	74.8 Cr	2	Delhi
BHARTI TELEMEDIA LIMITED	Active	510.2 Cr	1	Delhi
BSE LIMITED	Active	81.3 Cr	1	Maharashtra

Subsidiary Companies

Name	State / Country	Incorporation Year	Paidup Capital
Paperfly Private Limited	Bangladesh	-	-

Tofler Score

Good

Poor

Fair

Good

Very Good

Excellent

Risk

Severe Risk

VERY LOW INTEREST COVERAGE

Moderate Risk

HIGH LEVERAGE
LOSS MAKING
LOW ROCE

Low Risk

LOW INVENTORY

About Tofler Score

Tofler Score measures the quality of performance and integrity of a company. It is dependent on three key factors - Sustainability, Governance, and Growth.

CIN

U63000DL2012PLC241107

PAN

AADCE1344F

Incorporation

2012, 13.3 years

Company Email

atul[dot]g[at]ecomexpress[dot]in

Paid up Capital

₹ 420.8 Cr

Authorised Capital

₹ 2,400.0 Cr

AGM

Sep 2024

Type

Public

Others

FAQ - ECOM EXPRESS LIMITED

What is the incorporation date of ECOM EXPRESS LIMITED?

The incorporation date of ECOM EXPRESS LIMITED is 27 August, 2012

What is the authorized share capital of ECOM EXPRESS LIMITED?

The authorized share capital of ECOM EXPRESS LIMITED is INR ₹ 2,400.0 Cr.

What is the paid-up capital of ECOM EXPRESS LIMITED?

The paid-up capital of ECOM EXPRESS LIMITED is INR ₹ 420.8 Cr.

What is the registered address of ECOM EXPRESS LIMITED?

The registered address of ECOM EXPRESS LIMITED is Unit Nos N24-N34, S24-S34, Air Cargo Logistics Centre-II, Opposite Gate 6 Cargo Terminal, 161 Airport, New Delhi, IGI Airport, South West Delhi, New Delhi, Delhi, India, 110037 - 110037

What is the CIN number of ECOM EXPRESS LIMITED?

The CIN number of ECOM EXPRESS LIMITED is U63000DL2012PLC241107.

Smart Suggestions

Telangana
Chandigarh
Karnataka
Jharkhand
Delhi
Pondicherry
Tamil Nadu
Assam
Odisha
West Bengal
Blog Categories
Top Blog post
Financial Resources

Tofler, TWS Systems Private Limited and its officers respect the Intellectual Property Rights of all people. Tofler makes no claim of ownership or affiliation with any trademark (REGISTERED OR UNREGISTERED) that forms part of any Company/LLP name listed on this page. Trademarks, if any, listed on this page belong to... Read More

ECOM EXPRESS LIMITED

Leave site?

Buy Dashboard using Credits

Just a Quick Check!

Buy Report or Plans

Dashboards

Company dashboard

Buy credits

View subscriptions

MCA Fillings

All financials

1 Year

PDF Reports

Financial report

Financial+Litigation report

Due diligence report

Choose number of credits to buy

₹ 449 + GST

Locations

Locations on Map

Filter (4)

Select Tags

Choose Location

People

Financial Highlights

Margins

Balance Sheet

Total assets

Profit & Loss

Revenue from operations

Ratios

Ratios

Charges on assets

Charges

Company Network