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Smartshift Logistics Solutions
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SMARTSHIFT LOGISTICS SOLUTIONS PRIVATE LIMITED

www.porter.in

All Companies ›

Maharashtra ›

Business Services ›

SMARTSHIFT LOGISTICS SOLUTIONS PRIVATE LIMITED

Active

Updated: 24 Sep 2025

The company provides mini truck services for intra-city pickups and deliveries in India. It also provides a platform for logistics support solutions.

Smartshift Logistics Solutions Private Limited, is an unlisted private company incorporated on 20 March, 2014. It is classified as a private limited company and is located in , Maharashtra. It's authorized share capital is INR 143.68 cr and the total paid-up capital is INR 120.92 cr.

Subscription Plans

Industry and products

Business Services

perishable supplies, and other logistic services., relocation, event management supplies, construction supplies, e-commerce supplies

Company size

Auth Capital

₹ 143.7 Cr

Paidup Capital

₹ 120.9 Cr

Revenue

₹ 2750-3000 cr

Key Metrics

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

Total Revenue

55.58%

₹ 2,783.6

EBITDA

₹ -81.6

Net Profit

₹ -44.8

Networth

-7.27%

₹ 499.9

Borrowings

₹ -

Assets

-2.13%

₹ 572.1

Gross Margin

100.0 %

Operating Margin

7.55

-3.0 %

Net Profit Margin

7.21

-1.6 %

Return on Equity

20.31

-8.9 %

ROCE

13.51

-24.1 %

Debt to Equity

0.0

Sales

Mar 2024

Net worth

Mar 2024

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Locations

India (17)

State	Type	Address

Locations on Map

People

Designation	Name	DIN/PAN	Tenure
Whole-time Director	Pranav Goel Shareholder	02336277	12 years
Whole-time Director	Uttam Digga Shareholder	06818363	12 years
Nominee Director	Anant Gupta	06946611	0 years
Nominee Director	Kartikeya Dhruv Kaji	07641723	0 years
Nominee Director	Mahima Chugh	07448152	0 years
Nominee Director	Samir Rajendra Abhyankar	10081649	0 years
Nominee Director	Puneet Renjhen	09498488	1 years

Financial Highlights

** All numbers in INR crores

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Sales	273.9	322.2	847.7	1,753.6	2,731.8
Operating profit	-79.9	-65.0	-127.1	-184.8	-81.6
Net profit	-104.1	-138.8	-122.0	-157.7	-44.8
Gross margin	100.0	100.0	100.0	100.0	100.0
Operating margin	-29.2	-20.2	-15.0	-10.5	-3.0
Net margin	-37.8	-54.9	-14.2	-8.8	-1.6
Networth	70.8	73.9	693.1	539.1	499.9
Borrowings	-	-	-	-	-
Assets	106.1	95.7	740.0	584.5	572.1
Debt to equity	0.0	0.0	0.0	0.0	0.0
Current ratio	0.7	4.5	9.7	12.1	6.8
ROE	-147.0	-188.0	-17.6	-29.3	-8.9
Days payable	-	-	-	-	-
WC days	-12.0	67.0	153.0	104.0	49.0

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	16.0	21.5	31.6	114.4	115.0
Reserves	54.8	52.4	661.5	424.8	385.0
Borrowings +	-	-	-	-	-
Long term borrowings	-	-	-	-	-
Short term borrowings	-	-	-	-	-
Trade payables +	8.3	9.7	25.1	28.9	37.6
Days payable	-	-	-	-	-
Other liabilities +	35.3	21.8	46.8	45.4	72.1
Other non-current liabilities	2.4	4.8	5.9	0.5	8.6
Other current liabilities	24.6	7.3	15.8	16.0	25.9
Total liabilities	106.1	95.7	740.0	584.5	572.1
Fixed Assets +	80.4	7.1	15.9	13.2	24.2
Tangible assets	4.7	6.3	14.3	12.0	23.0
CWIP	-	-	-	-	-
Intangible assets	75.7	0.8	1.7	1.1	1.1
LT loans and advances	0.1	0.1	-	-	-
Other non-current assets	1.3	12.3	326.6	27.4	115.1
Current assets +	24.3	76.1	397.4	544.0	432.8
Inventories	-	-	-	-	-
Trade receivables	5.2	0.7	3.0	3.5	0.8
Cash and cash equivalents	5.2	29.9	7.0	31.9	32.1
ST loans and advances	1.6	1.5	-	-	-
Other current assets	12.2	44.0	387.5	508.7	399.9
Total assets	106.1	95.7	740.0	584.5	572.1

Percentage of assets	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Equity Capital	15.08	22.46	4.27	19.56	20.1
Reserves	51.65	54.76	89.4	72.67	67.29
Borrowings +	0.0	0.0	0.0	0.0	0.0
Long term borrowings	0.0	0.0	0.0	0.0	0.0
Short term borrowings	0.0	0.0	0.0	0.0	0.0
Trade payables	7.85	10.12	3.39	4.94	6.58
Other liabilities +	33.27	22.78	6.33	7.77	12.61
Other non-current liabilities	2.22	4.98	0.8	0.09	1.5
Other current liabilities	23.21	7.68	2.14	2.74	4.53
Total liabilities
Fixed Assets +	75.75	7.42	2.16	2.25	4.23
Tangible assets	4.45	6.57	1.93	2.06	4.03
CWIP	0.0	0.0	0.0	0.0	0.0
Intangible assets	71.3	0.86	0.22	0.19	0.2
LT loans and advances	0.12	0.12	0.0	0.0	0.0
Other non-current assets	1.26	12.86	44.14	4.68	20.12
Current assets +	22.87	79.6	53.7	93.07	75.65
Inventories	0.0	0.0	0.0	0.0	0.0
Trade receivables	4.92	0.73	0.4	0.59	0.14
Cash and cash equivalents	4.9	31.28	0.94	5.45	5.61
ST loans and advances	1.54	1.54	0.0	0.0	0.0
Other current assets	11.51	46.05	52.37	87.03	69.91
Total assets

	Mar 2023	Mar 2024
Equity Capital	114.4	115.0
Reserves	407.8	315.0
Borrowings +	-	-
Long term borrowings	-	-
Short term borrowings	-	-
Trade payables +	30.4	38.1
Days payable	-	-
Other liabilities +	47.4	73.8
Other non-current liabilities	0.7	9.5
Other current liabilities	16.3	26.3
Total liabilities	569.6	503.8
Fixed Assets +	13.6	25.7
Tangible assets	12.5	24.6
CWIP	-	-
Intangible assets	1.1	1.2
LT loans and advances	-	-
Other non-current assets	9.4	4.9
Current assets +	546.6	473.3
Inventories	-	-
Trade receivables	3.5	0.9
Cash and cash equivalents	37.8	69.9
ST loans and advances	-	-
Other current assets	505.3	402.5
Total assets	569.6	503.8

Percentage of assets	Mar 2023	Mar 2024
Equity Capital	20.08	22.82
Reserves	71.6	62.53
Borrowings +	0.0	0.0
Long term borrowings	0.0	0.0
Short term borrowings	0.0	0.0
Trade payables	5.33	7.55
Other liabilities +	8.32	14.65
Other non-current liabilities	0.12	1.89
Other current liabilities	2.87	5.22
Total liabilities
Fixed Assets +	2.39	5.1
Tangible assets	2.19	4.87
CWIP	0.0	0.0
Intangible assets	0.2	0.23
LT loans and advances	0.0	0.0
Other non-current assets	1.65	0.97
Current assets +	95.96	93.93
Inventories	0.0	0.0
Trade receivables	0.61	0.18
Cash and cash equivalents	6.64	13.87
ST loans and advances	0.0	0.0
Other current assets	88.71	79.88
Total assets

Total assets

Profit & Loss

Standalone

Consolidated

₹

** All numbers in INR crores

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Sales +	273.9	322.2	847.7	1,753.6	2,731.8
Sales growth %	100.34	17.64	163.12	106.87	55.78
Expenses +	379.9	391.9	984.1	1,946.9	2,828.3
Cost of goods	-	-	-	-	-
Employee cost	47.8	48.8	106.0	185.9	226.7
Other costs	305.9	338.4	868.8	1,752.4	2,586.7
Operating profit +	-79.9	-65.0	-127.1	-184.8	-81.6
Operating margin %	-29.2	-20.2	-15.0	-10.5	-3.0
Other income	1.9	5.8	14.4	35.6	51.8
Interest	4.3	1.8	4.0	0.4	1.6
Depreciation	21.8	2.9	5.3	8.1	13.3
Exceptional items	-	-	-	-	-
Profit before tax	-104.1	-63.9	-122.0	-157.7	-44.8
Tax	-	-	-	-	-
Profit - disc. ops	-	-74.9	-	-	-
Net profit	-104.1	-138.8	-122.0	-157.7	-44.8
Net margin %	-37.8	-54.9	-14.2	-8.8	-1.6

Precentage of total income	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Sales	99.3	98.24	98.33	98.01	98.14
Expenses +	137.75	119.49	114.15	108.82	101.61
Cost of goods	0.0	0.0	0.0	0.0	0.0
Employee cost	17.35	14.87	12.3	10.39	8.15
Other costs	110.91	103.19	100.78	97.95	92.93
Operating profit	-28.95	-19.82	-14.75	-10.33	-2.93
Other income	0.7	1.76	1.67	1.99	1.86
Interest	1.57	0.53	0.46	0.02	0.06
Depreciation	7.92	0.9	0.61	0.45	0.48
Exceptional items	0.0	0.0	0.0	0.0	0.0
Profit before tax	-37.75	-19.49	-14.15	-8.82	-1.61
Tax	0.0	0.0	0.0	0.0	0.0
Profit - disc. ops	0.0	-22.85	0.0	0.0	0.0
Net profit	-37.75	-42.34	-14.15	-8.82	-1.61

	Mar 2023	Mar 2024
Sales +	1,753.8	2,733.8
Sales growth %	None	55.88
Expenses +	1,964.1	2,862.2
Cost of goods	-	-
Employee cost	190.9	237.4
Other costs	1,764.4	2,609.1
Operating profit +	-201.6	-112.7
Operating margin %	-11.5	-4.1
Other income	35.6	32.6
Interest	0.4	1.8
Depreciation	8.2	13.9
Exceptional items	-	-
Profit before tax	-174.7	-95.7
Tax	-	-
Profit - disc. ops	-	-
Net profit	-174.7	-95.7
Net margin %	-9.8	-3.5

Precentage of total income	Mar 2023	Mar 2024
Sales	98.01	98.82
Expenses +	109.76	103.46
Cost of goods	0.0	0.0
Employee cost	10.67	8.58
Other costs	98.6	94.31
Operating profit	-11.27	-4.07
Other income	1.99	1.18
Interest	0.02	0.07
Depreciation	0.46	0.5
Exceptional items	0.0	0.0
Profit before tax	-9.76	-3.46
Tax	0.0	0.0
Profit - disc. ops	0.0	0.0
Net profit	-9.76	-3.46

Revenue from operations

Ratios

Standalone

Consolidated

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Solvency +
Total Debt/Equity	0.0	0.0	0.0	0.0	0.0
Net Debt/Equity	0.0	0.0	0.0	0.0	0.0
Total Debt/Assets	0.0	0.0	0.0	0.0	0.0
Total Assets/Equity	1.5	1.3	1.1	1.1	1.1
Liquidity +
Current Ratio	0.7	4.5	9.7	12.1	6.8
Quick Ratio	0.7	4.5	9.7	12.1	6.8
Interest Coverage	-18.4	-37.1	-31.9	-419.9	-51.5
Performance
Gross Margin	100.0	100.0	100.0	100.0	100.0
Operating Margin	-29.2	-20.2	-15.0	-10.5	-3.0
Net Margin	-37.8	-54.9	-14.2	-8.8	-1.6
Return +
Return on Equity	-147.0	-188.0	-17.6	-29.3	-8.9
Pre-tax ROCE	-141.8	-102.6	-35.5	-37.6	-24.1
Return on Assets	-98.1	-145.2	-16.5	-27.0	-7.8
Pre-tax ROIC	-143.6	-92.0	-19.1	-35.8	-19.0
Efficiency +
Days Payable	-	-	-	-	-
Days Inventory	-	-	-	-	-
Days Receivable	7.0	1.0	1.0	1.0	0.0
Fixed Asset Turnover	3.4	45.4	53.1	133.2	113.0
Total Asset Turnover	2.6	3.4	1.1	3.0	4.8
Working Capital
Cash Conversion Cycle	7.0	1.0	1.0	1.0	0.0
Working Capital Days	-12.0	67.0	153.0	104.0	49.0

	Mar 2023	Mar 2024
Solvency +
Total Debt/Equity	0.0	0.0
Net Debt/Equity	0.0	0.0
Total Debt/Assets	0.0	0.0
Total Assets/Equity	1.1	1.2
Liquidity +
Current Ratio	11.7	7.4
Quick Ratio	11.7	7.4
Interest Coverage	-456.1	-61.8
Performance
Gross Margin	100.0	100.0
Operating Margin	-11.5	-4.1
Net Margin	-9.8	-3.5
Return +
Return on Equity	-33.5	-22.3
Pre-tax ROCE	-40.9	-29.1
Return on Assets	-30.7	-19.0
Pre-tax ROIC	-40.2	-29.4
Efficiency +
Days Payable	-	-
Days Inventory	-	-
Days Receivable	1.0	0.0
Fixed Asset Turnover	128.8	106.3
Total Asset Turnover	3.1	5.4
Working Capital
Cash Conversion Cycle	1.0	0.0
Working Capital Days	104.0	55.0

Ratios

Current ratio

Debt/equity ratio

Charges on assets

As per information available, the company has no registered charges.

Company Network

Companies connected through Directors

Name	Status	Paid up Capital	Common Directors	Address
PROSHIFT INFO MARKETING SERVICES PRIVATE LIMITED	Not available for efiling	2.0 Cr	1	Karnataka
MANASH LIFESTYLE PRIVATE LIMITED	Active	1.4 Cr	1	Maharashtra
RISHAY SERVICES LLP	Active	2,403.0 Cr	1	Haryana
SAMAYAT SERVICES LLP	Active	4,716.4 Cr	1	Haryana
LENSKART SOLUTIONS PRIVATE LIMITED	Active	182.5 Cr	1	Delhi
DAIRY CLASSIC ICE CREAMS PRIVATE LIMITED	Active	33.9 Cr	1	Karnataka
MANASH LIFESTYLE PRIVATE LIMITED	Active	1.4 Cr	1	Maharashtra
K12 TECHNO SERVICES PRIVATE LIMITED	Active	31.8 Cr	1	Karnataka
LENSKART SOLUTIONS LIMITED	Active	330.6 Cr	1	Delhi
COLD CAPPUCCINO CONSULTING SERVICES LLP	Active	50,000.0	1	Maharashtra
SML ISUZU LIMITED	Active	14.5 Cr	1	Punjab
TRISHIKHAR VENTURES LLP	Active	567.4 Cr	1	Maharashtra
PETALS LIFESTYLE LLP	Active	10,000.0	1	Maharashtra
ELCID INVESTMENTS LIMITED	Active	20.0 L	1	Maharashtra
INARCO PRIVATE LIMITED	Active	95.0 L	1	Maharashtra
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SUSTAINABLE ENERGY INFRA INVESTMENT MANAGERS PRIVATE LIMITED	Active	12.5 Cr	1	Maharashtra
TECH MAHINDRA LIMITED	Active	489.6 Cr	1	Maharashtra
MAHINDRA SUSTEN PRIVATE LIMITED	Active	556.5 Cr	1	Maharashtra
BRAINBEES SOLUTIONS LIMITED	Active	104.4 Cr	1	Maharashtra
VIVRITI ASSET MANAGEMENT PRIVATE LIMITED	Active	31.3 Cr	1	Tamil Nadu
VIVRITI CAPITAL LIMITED	Active	112.5 Cr	1	Tamil Nadu
AMPIN ENERGY TRANSITION PRIVATE LIMITED	Active	1,689.1 Cr	1	Delhi
PHASORZ TECHNOLOGIES PRIVATE LIMITED	Active	58.1 Cr	1	Tamil Nadu
SRI KAUVERY MEDICAL CARE (INDIA) LIMITED	Active	136.4 Cr	1	Tamil Nadu
ARYADHAN FINANCIAL SOLUTIONS PRIVATE LIMITED	Active	37.0 Cr	1	Uttar Pradesh
ARYA COLLATERAL WAREHOUSING SERVICES PRIVATE LIMITED	Active	5.9 Cr	1	Maharashtra

Subsidiary Companies

Name	State / Country	Incorporation Year	Paidup Capital
PORTER Global Technologies Pte Ltd	Singapore	-	-
PROSHIFT INFO MARKETING SERVICES PRIVATE LIMITED	India	-	-
SMARTSHIFT INFO MARKETING SERVICES PRIVATE LIMITED	Karnataka	2023	₹ 2.0 Cr
Porter Technologies DMCC	United Arab Emirates	-	-

Tofler Score

Very Good

Poor

Fair

Good

Very Good

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Risk

Severe Risk

VERY LOW INTEREST COVERAGE

Moderate Risk

LOSS MAKING
LOW ROCE

Low Risk

No risks identified

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.

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Registered Details

CIN

U74999MH2014PTC306120

PAN

AAGCR8772D

Incorporation

2014, 11.5 years

Company Email

secretarial@porter.in

Paid up Capital

₹ 120.9 Cr

Authorised Capital

₹ 143.7 Cr

AGM

Aug 2025

Type

Private

Others

FAQ - SMARTSHIFT LOGISTICS SOLUTIONS PRIVATE LIMITED

What is the incorporation date of SMARTSHIFT LOGISTICS SOLUTIONS PRIVATE LIMITED?

The incorporation date of SMARTSHIFT LOGISTICS SOLUTIONS PRIVATE LIMITED is 20 March, 2014

What is the authorized share capital of SMARTSHIFT LOGISTICS SOLUTIONS PRIVATE LIMITED?

The authorized share capital of SMARTSHIFT LOGISTICS SOLUTIONS PRIVATE LIMITED is INR ₹ 143.7 Cr.

What is the paid-up capital of SMARTSHIFT LOGISTICS SOLUTIONS PRIVATE LIMITED?

The paid-up capital of SMARTSHIFT LOGISTICS SOLUTIONS PRIVATE LIMITED is INR ₹ 120.9 Cr.

What is the registered address of SMARTSHIFT LOGISTICS SOLUTIONS PRIVATE LIMITED?

The registered address of SMARTSHIFT LOGISTICS SOLUTIONS PRIVATE LIMITED is No A-501, A-502, B–504, B–505 and B-506, 5th Floor Universal Business Park, Chandivali, And, heri (E), Mumbai City, Mumbai, Maharashtra, India, 400072 - 400072

What is the CIN number of SMARTSHIFT LOGISTICS SOLUTIONS PRIVATE LIMITED?

The CIN number of SMARTSHIFT LOGISTICS SOLUTIONS PRIVATE LIMITED is U74999MH2014PTC306120.

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