Equation Maritime Private Limited
About Equation Maritime Private Limited
Data last updated:
Equation Maritime Private Limited is a private limited company based in Thane, Maharashtra, India. It was incorporated on 24 July 2023.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U78100MH2023PTC407157.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Treza David Shashtri and Harsangeet Kaur Gill.
Its last annual general meeting (AGM) was held on 31 December 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Sector 11, Thane, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹77.21 Lakh. For the same year it recorded a net profit of ₹1.15 Lakh (net margin 1.5%) and EBITDA of ₹1.55 Lakh (EBITDA margin 2%).
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- Registered AddressOffice No 231 Plot No 42, A Sector 11 C B D Belapur, Thane, Maharashtra, India – 400614
- 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
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Business Activity of Equation Maritime Private Limited
The main business activity of Equation Maritime is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Equation Maritime Private Limited FY 2024 filings available
Equation Maritime Private Limited reported revenue of ₹77.21 Lakh for FY 2024.
Financial Statement Summary of Equation Maritime Private Limited
| Metrics | FY 2023-24 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | •••• |
| Other Income | •••• |
| Total Revenue | •••• |
| Cost of Materials Consumed | •••• |
| Employee Benefit Expense | •••• |
| Finance Costs | •••• |
| Depreciation and Amortisation | •••• |
| Other Expenses | •••• |
| Total Expenses | •••• |
| EBITDA | ₹1.55 Lakh |
| Profit Before Tax | •••• |
| Tax Expense | •••• |
| Net Profit (PAT) | ₹1.15 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 of Equation Maritime Private Limited
| Metrics | FY 2023-24 |
|---|---|
| Profitability | |
| EBITDA Margin | 2% |
| Net Profit Margin | 1.5% |
| 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 | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Equation Maritime are in the company report.
Financial statements from FY 2024
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Equation Maritime Private Limited
Equation Maritime Private Limited is compared with the companies closest to it by revenue in the Outsourcing industry (HR Outsourcing). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Chipsol Private Limited | ₹77.41 Lakh (FY 2025) | •••• | •••• | 34.0% | •••• | Thiruvananthapuram, Kerala, India |
| Humanalpha Strategic Solutions Private Limited | ₹77.36 Lakh (FY 2025) | •••• | •••• | 37.0% | •••• | Bangalore, Karnataka, India |
| Ssar Staffing Solutions Private Limited | ₹77.32 Lakh (FY 2025) | •••• | •••• | 24.0% | •••• | Panchghara, West Bengal, India |
| Shapers Management Services Private Limited | ₹77.31 Lakh (FY 2019) | •••• | •••• | 14.0% | •••• | Chandigarh, India |
| Keystone Consulting Private Limited | ₹77.23 Lakh (FY 2024) | •••• | •••• | 6.0% | •••• | Coimbatore, Tamil Nadu, India |
| Equation Maritime Private Limited this company | ₹77.21 Lakh (FY 2024) | •••• | •••• | •••• | Thane, Maharashtra, India | |
| Catalyst2xcelerate Success Coaching Private Limited | ₹77.19 Lakh (FY 2024) | •••• | •••• | -9.0% | •••• | Bangalore, Karnataka, India |
| Naatha Resources Private Limited | ₹77.17 Lakh (FY 2024) | •••• | •••• | 31.0% | •••• | Mumbai, Maharashtra, India |
| Emportant Technologies Private Limited | ₹77.17 Lakh (FY 2025) | •••• | •••• | 10.0% | •••• | Bangalore, Karnataka, India |
| Hariyani Solutions Private Limited | ₹77.02 Lakh (FY 2024) | •••• | •••• | 122.0% | •••• | Surat, Gujarat, India |
| Coronet HR Services Private Limited | ₹76.97 Lakh (FY 2022) | •••• | •••• | 86.0% | •••• | Pune, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Equation Maritime by revenue in the Outsourcing industry (HR Outsourcing), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Equation Maritime Private Limited
Equation Maritime has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Treza David Shashtri | Director | 29 Oct 2025 | 0 Years 11 Months | Current |
| Harsangeet Kaur Gill | Director | 13 Dec 2024 | 1 Years 9 Months | Current |
Charges & Borrowings of Equation Maritime Private Limited
Equation Maritime Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Equation Maritime Private Limited
Employment history and EPFO contributions of people linked to Equation Maritime.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Equation Maritime Private Limited
Equation Maritime Private Limited has 6 board changes on record since 2023: 4 appointments and 2 cessations. The latest: Ranjodh Singh ceased to be Director on 30 Oct 2025.
Credit Ratings, Litigation & Regulatory Alerts for Equation Maritime Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Equation Maritime Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Equation Maritime Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Equation Maritime Private Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Equation Maritime Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Equation Maritime Private Limited
Equation Maritime is an active private limited company based in Thane, Maharashtra, India. It was incorporated on 24 July 2023 (3+ years old) and is registered under CIN U78100MH2023PTC407157.
Equation Maritime reported revenue of ₹77.21 Lakh for FY 2024.
Equation Maritime has 2 current directors:
- Treza David Shashtri - Director
- Harsangeet Kaur Gill - Director
Equation Maritime reported a net profit of ₹1.15 Lakh (net margin 1.5%) and EBITDA of ₹1.55 Lakh (EBITDA margin 2%) for FY 2024, as per its filed financial statements.
The CIN (Corporate Identification Number) of Equation Maritime is U78100MH2023PTC407157. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Equation Maritime was incorporated on 24 July 2023, making it 3+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Equation Maritime by revenue are Chipsol Private Limited, Humanalpha Strategic Solutions Private Limited, Ssar Staffing Solutions Private Limited, Shapers Management Services Private Limited, Keystone Consulting Private Limited and 5 more, all in the Outsourcing industry (HR Outsourcing).
Ranjodh Singh ceased to be Director on 30 Oct 2025. Treza David Shashtri was appointed as Director on 29 Oct 2025. Jithu Narayanankutty Nair ceased to be Director on 19 Dec 2024. Equation Maritime has 6 board changes on record in total.
The registered office of Equation Maritime is at Office No 231 Plot No 42, A Sector 11 C B D Belapur, Thane, Maharashtra, India – 400614.
Equation Maritime has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh.
No. Equation Maritime is not listed on any stock exchange. It is an unlisted company.