About Alang Marine Limited
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Alang Marine Limited is a public limited company based in Ghogha, Gujarat, India. It operates in the shipping and maritime services segment of the transport and logistics sector. It was incorporated on 21 July 1987 and has been in existence for over 39 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U35110GJ1987PLC009840. Its GSTIN is 24AACCA2909F1Z6 (Gujarat).
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹6.01 Cr. It was formerly known as Alang Marine Private Limited. It is led by directors including Ramjanali Akbarali Asariya (Managing Director) and Maheboobali Ramzanali Asaria (Managing Director).
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Ghogha Shipyard Village & Taluka: Ghogha, Gujarat, India – 364110.
As per the financials filed for FY 2018, the company reported a revenue of ₹1.18 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹26.89 Lakh (net margin -22.9%) and EBITDA of ₹2.5 Lakh (EBITDA margin 2.1%). Revenue has declined at a compounded annual rate (CAGR) of 154% over three years and 4% over five years.
Court records list 40 cases involving the company, including 15 filed by the company and 25 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website alangmarinesupplier.com.
Company details
CIN history
Alang Marine has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U35110GJ1987PLC009840, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U35110GJ1987PLC009840 | Current |
| L35110GJ1987PLC009840 | Previous |
| U35110GJ1987PTC009840 | Previous |
Contact details
Alang Marine Limited's registered office is in Ghogha, Gujarat. Its website is alangmarinesupplier.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressGhogha Shipyard Village & Taluka: Ghogha, Gujarat, India – 364110
- IndustryTransport and Logistics, Shipping & Maritime Services
To see the full contact details of Alang Marine 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
Financials of Alang Marine Limited
FY 2019 filings availableAlang Marine Limited reported revenue of ₹1.18 Cr (up 488% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue rose 488% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 4%. 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ₹1.18 Cr | |||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹2.5 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹26.89 Lakh | |||
| 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 2.1% | |||
| Net Profit Margin | -22.9% | |||
| 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 Alang Marine Limited, buy the company report.
Board of directors of Alang Marine Limited
Alang Marine has 5 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gaurang Chandrakantbhai Bhatt | Additional Director | 09 Jun 2020 | 6 Years 5 Months | Current |
| Ramjanali Akbarali Asariya Also directs: Time Shipping Limited | Managing Director | 21 Jul 1987 | 39 Years 3 Months | Current |
| Anish Vinodchandra Shah Also directs: Bobshell Electrodes Limited | Additional Director | 09 Jun 2020 | 6 Years 5 Months | Current |
| Maheboobali Ramzanali Asaria Also directs: Time Shipping Limited, Marine Traders Private Limited | Managing Director | 16 Jul 1990 | 36 Years 3 Months | Current |
| Nidhi Shaunak Patel | Director | 14 Nov 2018 | 7 Years 11 Months | Current |
Auditor
Alang Marine Limited is audited by J VAGERIYA & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| J VAGERIYA & ASSOCIATES | FY 2018 | 124193W |
Shareholding
The shareholding of Alang Marine Limited is on record for 2 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Alang Marine Limited, buy the company report.
Legal cases
Alang Marine Limited has 40 court cases on record: 15 filed by Alang Marine, 25 filed against it. 1 case is pending and 39 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 20 | 13 | 1 |
| High courts | 18 | 11 | 0 |
| Supreme Court | 2 | 1 | 0 |
Cases on record (5 of 40)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Bhavnagar, Gujarat | Commercial matter | Filed against the company by JSW Steel (Salav) Limited Formerly Known As Welspun Maxsteel Limited | Pending |
| District court, Bhavnagar, Gujarat | Commercial matter | Filed by the company against JSW Steel Limited | Disposed |
| High Court, GUJARAT | Special civil application | Filed against the company by JSW Steel Ltd. | Disposed |
| High Court, GUJARAT | Special civil application | Filed against the company by Welspun Maxsteel Limited and 3 others | Disposed |
| District court, Bhavnagar, Gujarat | Court case (SPCS) | Filed against the company by JSW Steel (Salav) Limited Formerly Known As Welspun Maxsteel Limited | Disposed |
To see the full case history of Alang Marine 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
No delayed payments to MSME suppliers are on our record for Alang Marine Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Alang Marine has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCA2909F1Z6 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Alang Marine Limited, buy the company report.
Recent activity
Alang Marine Limited has 9 board changes on record since 1987: 5 appointments and 4 cessations. The latest: Anish Vinodchandra Shah was appointed as Additional Director on 09 Jun 2020.
Frequently asked questions
Alang Marine is an active public limited company based in Ghogha, Gujarat, India. The company works in shipping and maritime services, within the transport and logistics industry. It was incorporated on 21 July 1987 (39+ years old) and is registered under CIN U35110GJ1987PLC009840.
Alang Marine has 5 current directors:
- Ramjanali Akbarali Asariya - Managing Director
- Maheboobali Ramzanali Asaria - Managing Director
- Gaurang Chandrakantbhai Bhatt - Additional Director
- Anish Vinodchandra Shah - Additional Director
- Nidhi Shaunak Patel - Director
The latest financial statements of Alang Marine on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
The GSTIN of Alang Marine is 24AACCA2909F1Z6, registered in Gujarat.
The CIN (Corporate Identification Number) of Alang Marine is U35110GJ1987PLC009840. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Alang Marine has 40 court cases on record: 15 filed by the company and 25 filed against it. 1 is pending. Most are in the district courts.
Alang Marine was incorporated on 21 July 1987, making it 39+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Anish Vinodchandra Shah was appointed as Additional Director on 09 Jun 2020. Gaurang Chandrakantbhai Bhatt was appointed as Additional Director on 09 Jun 2020. Nidhi Shaunak Patel ceased to be Additional Director on 30 Sep 2019. Alang Marine has 9 board changes on record in total.
Alang Marine can be reached through the website alangmarinesupplier.com. Its registered office is in Ghogha, Gujarat, India.
The registered office of Alang Marine is at Ghogha Shipyard Village & Taluka: Ghogha, Gujarat, India – 364110.
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