Maersk Line India Private Limited

Maersk Line India Private Limited - transport and logistics in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U63030MH2011FTC214311 Incorporated 03 March 2011 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Foreign Private Limited Company transport and logistics
Data last updated
Revenue · FY 2024
₹256.26 Cr
▲ 26% YoY
Net profit · FY 2024
₹17.63 Cr
Net margin 6.9%
EBITDA · FY 2024
₹33.76 Cr
EBITDA margin 13.2%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹1.12 Cr
Issued & subscribed
Company age
15 yrs
Est. 2011
Employees · EPFO
470
Provident fund records
Directors on board
3
As per MCA filings

About Maersk Line India Private Limited

Data last updated:

Maersk Line India Private Limited is a foreign private limited company based in Mumbai, Maharashtra, India, a subsidiary of Maersk Line Agency Holding A/S. It operates in the shipping and maritime services segment of the transport and logistics sector. It was incorporated on 03 March 2011 and has been in existence for over 15 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U63030MH2011FTC214311. Its GSTIN is 27AAHCM0698N1ZS (Maharashtra). The company holds 12 GST registrations, of which 10 are active.

The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.12 Cr. It is led by directors including Thierno Maadjou Bah and Bhavik Ramesh Mota.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Mumbai, Maharashtra.

As per the financials filed for FY 2024, the company reported a revenue of ₹256.26 Cr, a growth of 26% compared to the previous year. For the same year it recorded a net profit of ₹17.63 Cr (net margin 6.9%) and EBITDA of ₹33.76 Cr (EBITDA margin 13.2%).

The company has about 470 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Maersk. Court records list 327 cases involving the company, including 116 filed by the company and 211 filed against it; 98 cases are pending. The company has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹54.49 Cr; the latest was in July 2024. The company has 8 MSME Form 1 returns on record between 2019 and 2024, listing 38 overdue payments to 21 micro and small suppliers.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website maersk.com.

Company details

CIN U63030MH2011FTC214311
Registration Number 214311
Incorporation Date 03 March 2011
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Parent Company Maersk Line Agency Holding A/S
Compliance Status Active Compliant

Contact details

Maersk Line India Private Limited's registered office is in Mumbai, Maharashtra. Its website is maersk.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
  • Registered Address
    Unit No. 402 Godrej Two Pirojshanagar, Eastern Express Highway Vikhroli (East), Mumbai, Maharashtra, India – 400079
  • Industry
    Transport and Logistics, Shipping & Maritime Services

To see the full contact details of Maersk Line India Private Limited, buy the company report.

Comprehensive company report
Maersk Line India Private Limited - one report that includes everything
  • 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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Brands

Maersk Line India operates one associated brand: Maersk. Each brand links to its own profile.

BrandDescriptionWebsite
Supply chain, logistics, and transportation services are provided globally.maersk.com

Business activity

The main business activities of Maersk Line India are transport and storage and support service to organizations. In detail, this covers services incidental to land, water & air transportation and other support services to organizations. 2 activity segments are registered with the MCA.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
HTransport and storageH5Services incidental to land, water & air transportation
NSupport service to OrganizationsN7Other support services to organizations

To see the full business activity and turnover split of Maersk Line India Private Limited, buy the company report.

Financials of Maersk Line India Private Limited

FY 2024 filings available

Maersk Line India Private Limited reported revenue of ₹256.26 Cr (up 26% YoY) for FY 2024.

Revenue · FY 2024
₹256.26 Cr ▲ 26%
Net profit · FY 2024
₹17.63 Cr margin 6.9%
EBITDA · FY 2024
₹33.76 Cr margin 13.2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 26%
EBITDA CAGR growth
1 year
▲ 53%

Revenue rose 26% in the latest year. EBITDA rose 53% in the latest year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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₹33.76 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹17.63 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin13.2%
Net Profit Margin6.9%
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 Maersk Line India Private Limited, buy the company report.

Board of directors of Maersk Line India Private Limited

Maersk Line India has 3 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Christopher Simon CookAdditional Director01 Mar 20251 Years 8 MonthsCurrent
Thierno Maadjou BahDirector05 Jan 20242 Years 9 MonthsCurrent
Bhavik Ramesh MotaDirector01 Oct 20233 Years 1 MonthsCurrent

Auditor

Maersk Line India Private Limited is audited by Price Waterhouse LLP for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Price Waterhouse LLPFY 2023301112E/E300264

Shareholding

The shareholding of Maersk Line India Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Maersk Line India Private Limited, buy the company report.

Deals & funding

Maersk Line India Private Limited has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹54.49 Cr; the latest was in July 2024.

Total deals
3
Funding rounds
2
Secondary share transfer
1
Disclosed funding
₹54.49 Cr

Deals on record (3 of 3)

WhenDealAmountParties
Jul 2024Funding round₹19.59 CrInvestors: Maersk Line Agency Holding, Maersk Line Agency Holding & Rederiaktieselskabet Kuling
Jul 2022Secondary share transferUndisclosedBuyer: Maersk Line Agency Holding
Seller: Maersk Inter Holding B.V.
Aug 2011Funding round₹34.9 CrInvestors: Maersk Inter Holding B.V.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

Maersk Line India Private Limited has 8 MSME Form 1 returns on record between 2019 and 2024, listing 38 overdue payments to 21 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (5 of 21)

SupplierAmount dueDue sinceReported on
an individual supplier
an individual supplier
Flexi Careers India Private Limited
Unity Automation Services Private Limited
Benir E Store Solutions Private Limited

To see the full MSME payment records of Maersk Line India Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Maersk Line India Private Limited has a workforce of 470 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.

Employee count
470
Active EPFO establishments
1
Employee growth
8.05%

GST

Maersk Line India has 12 GST registrations: 10 active and 2 cancelled or inactive. The first 4 active GSTINs are listed below.

Total GSTINs
12
Active
10
Cancelled / inactive
2
GSTINStateStatusRegistered on
27AAHCM0698N1ZSMaharashtraActive01 Jul 2017
03AAHCM0698N1Z2PunjabActive01 Jul 2017
06AAHCM0698N1ZWHaryanaActive01 Jul 2017
19AAHCM0698N1ZPWest BengalActive01 Jul 2017

To see the full GST registrations and return filing status of Maersk Line India Private Limited, buy the company report.

Recent activity

Maersk Line India Private Limited has 27 board changes on record since 2011: 15 appointments and 12 cessations. The latest: Christopher Simon Cook was appointed as Additional Director on 01 Mar 2025.

Appointed
Christopher Simon Cook was appointed as Additional Director.
AGM
Maersk Line India Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Ceased
Vikash Agarwal ceased to be Managing Director.
Filing
Maersk Line India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Appointed
Thierno Maadjou Bah was appointed as Director.
Appointed
Bhavik Ramesh Mota was appointed as Director.
Ceased
Mamta Gupta ceased to be Director.
Ceased
Nidhi Arora ceased to be Director.
Appointed
Nidhi Arora was appointed as Director.
Ceased
Steven Mark Felder ceased to be Director.
Appointed
Vikash Agarwal was appointed as Managing Director.
Ceased
Adhendru Jain ceased to be Director.

18 earlier events are in the company report.

Frequently asked questions

Maersk Line India is an active foreign 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 03 March 2011 (15+ years old) and is registered under CIN U63030MH2011FTC214311.

Maersk Line India has 3 current directors:

The latest financial statements of Maersk Line India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.

The GSTIN of Maersk Line India is 27AAHCM0698N1ZS, registered in Maharashtra. The company has 12 GST registrations in all, of which 10 are active and 2 are cancelled or inactive. Other active GSTINs include 03AAHCM0698N1Z2 (Punjab), 06AAHCM0698N1ZW (Haryana), 19AAHCM0698N1ZP (West Bengal).

The CIN (Corporate Identification Number) of Maersk Line India is U63030MH2011FTC214311. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Maersk Line India has 327 court cases on record: 116 filed by the company and 211 filed against it. 98 are pending. Most are in the high courts.

Maersk Line India was incorporated on 03 March 2011, making it 15+ years old. It is registered with the Registrar of Companies, Mumbai.

Maersk Line India has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹54.49 Cr; the latest was in July 2024.

Christopher Simon Cook was appointed as Additional Director on 01 Mar 2025. Vikash Agarwal ceased to be Managing Director on 02 Sep 2024. Thierno Maadjou Bah was appointed as Director on 05 Jan 2024. Maersk Line India has 27 board changes on record in total.

Maersk Line India has 8 MSME Form 1 returns on record between 2019 and 2024, listing 38 overdue payments to 21 micro and small suppliers. The latest return was filed on 29 Apr 2024.

Maersk Line India can be reached through the website maersk.com. Its registered office is in Mumbai, Maharashtra, India.