About Mahi Marine Private Limited
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Mahi Marine Private Limited is a private limited company based in Navi Mumbai, Maharashtra, India, a subsidiary of Delanord Investments Limited. It operates in the shipping and maritime services segment of the transport and logistics sector. It was incorporated on 11 September 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U61100MH2019PTC330402. Its GSTIN is 27AAMCM9349R1Z9 (Maharashtra).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors George Francis Cheriapattaparambil and Unnikrishnan Padinchareaputhiyaveedu Konath.
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 Sector 40, Navi Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹324.87 Cr, a growth of 128% compared to the previous year. For the same year it recorded a net profit of ₹148.66 Cr (net margin 45.8%) and EBITDA of ₹216.83 Cr (EBITDA margin 66.7%). Revenue has grown at a compounded annual rate (CAGR) of 31% over three years.
For more details, the company can be reached via its website mahimarine.in.
Company details
Contact details
Mahi Marine Private Limited's registered office is in Navi Mumbai, Maharashtra. Its website is mahimarine.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressE 704 – 707 7th Floor E Wing Tower 2 Sector 40 Nerul Node Seawood Grand Central Darav, E, Navi Mumbai, Maharashtra, India – 400706
- IndustryTransport and Logistics, Shipping & Maritime Services
To see the full contact details of Mahi Marine 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 Mahi Marine 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 Mahi Marine Private Limited, buy the company report.
Financials of Mahi Marine Private Limited
FY 2025 filings availableMahi Marine Private Limited reported revenue of ₹324.87 Cr (up 128% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 31% over three years, including 128% growth in the latest year. EBITDA rose 580% 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 |
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| Total Revenue | ₹324.87 Cr | ||||
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| EBITDA | ₹216.83 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹148.66 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 66.7% | ||||
| Net Profit Margin | 45.8% | ||||
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To see the full financial statements and ratios of Mahi Marine Private Limited, buy the company report.
Board of directors of Mahi Marine Private Limited
Mahi Marine has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| George Francis Cheriapattaparambil | Director | 11 Sep 2019 | 7 Years 1 Months | Current |
| Unnikrishnan Padinchareaputhiyaveedu Konath | Director | 11 Sep 2019 | 7 Years 1 Months | Current |
Peer comparison
Mahi Marine Private Limited is compared with the 3 companies closest to it by revenue in the Shipping industry (Shipping Services), with the same principal business activity (water transport), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Seacoast Shipping Services Limited | ₹429.62 Cr (FY 2023) | 236.0% | Ahmedabad, Gujarat, India | |||
| Mahi Marine Private Limitedthis company | ₹324.87 Cr (FY 2025) | ₹148.66 Cr | 45.8% | 128.0% | Navi Mumbai, Maharashtra, India | |
| Varun Resources Limited | ₹316.4 Cr (FY 2016) | 531.0% | Mumbai, Maharashtra, India | |||
| Apeejay Shipping Ltd | ₹306.35 Cr (FY 2025) | -18.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Mahi Marine Private Limited, buy the company report.
Auditor
Mahi Marine Private Limited is audited by SHARMA SHAH & ASSOCIATES for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHARMA SHAH & ASSOCIATES | FY 2024 | 109978W |
Shareholding
The shareholding of Mahi Marine Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Mahi Marine Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Mahi Marine 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 Mahi Marine Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Mahi Marine has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAMCM9349R1Z9 | Maharashtra | Active | 30 Oct 2020 |
To see the full GST registrations and return filing status of Mahi Marine Private Limited, buy the company report.
Recent activity
Mahi Marine Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: George Francis Cheriapattaparambil was appointed as Director on 11 Sep 2019.
Frequently asked questions
Mahi Marine is an active private limited company based in Navi Mumbai, Maharashtra, India. The company works in shipping and maritime services, within the transport and logistics industry. It was incorporated on 11 September 2019 (7+ years old) and is registered under CIN U61100MH2019PTC330402.
Mahi Marine has 2 current directors:
- George Francis Cheriapattaparambil - Director
- Unnikrishnan Padinchareaputhiyaveedu Konath - Director
The latest financial statements of Mahi Marine 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 2020 are in the company report.
The GSTIN of Mahi Marine is 27AAMCM9349R1Z9, registered in Maharashtra.
The CIN (Corporate Identification Number) of Mahi Marine is U61100MH2019PTC330402. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mahi Marine was incorporated on 11 September 2019, making it 7+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Mahi Marine by revenue are Seacoast Shipping Services Limited, Varun Resources Limited, Apeejay Shipping Ltd, all in the Shipping industry (Shipping Services), with the same principal business activity (water transport).
George Francis Cheriapattaparambil was appointed as Director on 11 Sep 2019. Unnikrishnan Padinchareaputhiyaveedu Konath was appointed as Director on 11 Sep 2019.
Mahi Marine can be reached through the website mahimarine.in. Its registered office is in Navi Mumbai, Maharashtra, India.
The registered office of Mahi Marine is at E 704 – 707 7th Floor E Wing Tower 2 Sector 40 Nerul Node Seawood Grand Central Darav, E, Navi Mumbai, Maharashtra, India – 400706.
Mahi Marine operates in the transport and logistics industry, in the shipping and maritime services segment.