
About Gaslite Shipping Private Limited
Data last updated:
Gaslite Shipping Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the shipping and maritime services segment of the transport and logistics sector. It was incorporated on 12 March 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U61100MH2018PTC306306. Its GSTIN is 27AAJCP7346N1ZO (Maharashtra).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Lakh. It is led by directors Khurshed Meherwanji Thanawalla (Managing Director) and Bhanubhai Ramjibhai Patel.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹63.2 Cr, a decline of 38% compared to the previous year. For the same year it recorded a net profit of ₹3.16 Cr (net margin 5%) and EBITDA of ₹4.65 Cr (EBITDA margin 7.4%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 4% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website gaslite.co.in.
Company details
Contact details
Gaslite Shipping Private Limited's registered office is in Mumbai, Maharashtra. Its website is gaslite.co.in. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressUnit No.3 1st Floor Elysium Mansion Opp. Electric House 7 Walton Road Col, Aba, Mumbai, Maharashtra, India – 400001
- IndustryTransport and Logistics, Shipping & Maritime Services
To see the full contact details of Gaslite Shipping Private 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
Business activity
The main business activity of Gaslite Shipping is transport and storage. In detail, this covers water transport.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transport and storage | H3 | Water transport |
To see the full business activity and turnover split of Gaslite Shipping Private Limited, buy the company report.
Financials of Gaslite Shipping Private Limited
FY 2025 filings availableGaslite Shipping Private Limited reported revenue of ₹63.2 Cr (down 38% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 38% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 4%. EBITDA fell 6% in the latest year. 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹4.65 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.16 Cr | ||||
| 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.4% | ||||
| Net Profit Margin | 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 | |||||
To see the full financial statements and ratios of Gaslite Shipping Private Limited, buy the company report.
Board of directors of Gaslite Shipping Private Limited
Gaslite Shipping has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Khurshed Meherwanji Thanawalla Also directs: Standard Industries Limited, Sanathan Textiles Limited, Sanathan Polycot Private Limited and 5 more | Managing Director | 12 Mar 2018 | 8 Years 7 Months | Current |
| Bhanubhai Ramjibhai Patel Also directs: Gaslite Advisory Private Limited, Gaslite Exim Trade Private Limited, Gaslite Ship Management Private Limited and 5 more | Director | 12 Mar 2018 | 8 Years 7 Months | Current |
Auditor
Gaslite Shipping Private Limited is audited by N A SHAH ASSOCIATES LLP for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N A SHAH ASSOCIATES LLP | FY 2020 | 116560W |
Shareholding
The shareholding of Gaslite Shipping Private Limited is on record for FY 2019, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2019 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Gaslite Shipping Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Gaslite Shipping Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Gaslite Shipping Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Gaslite Shipping has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAJCP7346N1ZO | Maharashtra | Active | 11 Jul 2018 |
To see the full GST registrations and return filing status of Gaslite Shipping Private Limited, buy the company report.
Recent activity
Gaslite Shipping Private Limited has 3 board changes on record since 2018: 2 appointments and 1 cessation. The latest: Khurshed Meherwanji Thanawalla ceased to be Director on 01 Mar 2019.
Frequently asked questions
Gaslite Shipping is an active private limited company based in Mumbai, Maharashtra, India. The company works in shipping and maritime services, within the transport and logistics industry. It was incorporated on 12 March 2018 (8+ years old) and is registered under CIN U61100MH2018PTC306306.
Gaslite Shipping has 2 current directors:
- Khurshed Meherwanji Thanawalla - Managing Director
- Bhanubhai Ramjibhai Patel - Director
The latest financial statements of Gaslite Shipping on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Gaslite Shipping is 27AAJCP7346N1ZO, registered in Maharashtra.
The CIN (Corporate Identification Number) of Gaslite Shipping is U61100MH2018PTC306306. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gaslite Shipping was incorporated on 12 March 2018, making it 8+ years old. It is registered with the Registrar of Companies, Mumbai.
Khurshed Meherwanji Thanawalla ceased to be Director on 01 Mar 2019. Bhanubhai Ramjibhai Patel was appointed as Director on 12 Mar 2018. Khurshed Meherwanji Thanawalla was appointed as Managing Director on 12 Mar 2018.
Gaslite Shipping can be reached through the website gaslite.co.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Gaslite Shipping is at Unit No.3 1st Floor Elysium Mansion Opp. Electric House 7 Walton Road Col, Aba, Mumbai, Maharashtra, India – 400001.
Gaslite Shipping operates in the transport and logistics industry, in the shipping and maritime services segment.