About Pennon Shipping Pvt Ltd
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Pennon Shipping Pvt Ltd is a private limited company based in Kolkata, West Bengal, India. It operates in the shipping and maritime services segment of the transport and logistics sector. It was incorporated on 07 January 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U63090WB1992PTC054040. Its GSTIN is 19AABCP6201G1ZO (West Bengal). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Subramania Mahalingam and Chandrasekar Jayaraman.
Its last annual general meeting (AGM) was held on 02 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 53B Mirza Ghalib Street, Kolkata, West Bengal, India – 700016.
As per the financials filed for FY 2026, the company reported a revenue of ₹16.3 Cr, a decline of 38% compared to the previous year. For the same year it recorded a net profit of ₹70.84 Lakh (net margin 4.3%) and EBITDA of ₹1.45 Cr (EBITDA margin 8.9%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 16% over five years.
The company has about 15 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Pennon Shipping. Court records list 4 cases involving the company, including 4 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website pennonshipping.com.
Company details
Contact details
Pennon Shipping Pvt Ltd's registered office is in Kolkata, West Bengal. Its website is pennonshipping.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address53B Mirza Ghalib Street, Kolkata, West Bengal, India – 700016
- IndustryTransport and Logistics, Shipping & Maritime Services
To see the full contact details of Pennon Shipping Pvt Ltd, 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
Brands
Pennon Shipping operates one associated brand: Pennon Shipping. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Pennon Shipping delivers shipping and logistics services for cargo transportation across industries. | pennonshipping.com |
Business activity
The main business activities of Pennon Shipping are transportation and storage and transport and storage. In detail, this covers water transport and warehousing and storage. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transportation and storage | 50 | Water transport | |
| H | Transport and storage | H6 | Warehousing and storage |
To see the full business activity and turnover split of Pennon Shipping Pvt Ltd, buy the company report.
Financials of Pennon Shipping Pvt Ltd
FY 2026 filings availablePennon Shipping Pvt Ltd reported revenue of ₹16.3 Cr (down 38% YoY) for FY 2026.
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 16%. EBITDA fell 61% 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹16.3 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.45 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹70.84 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.9% | ||||
| Net Profit Margin | 4.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Quick Ratio | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
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| Net Profit Growth | |||||
To see the full financial statements and ratios of Pennon Shipping Pvt Ltd, buy the company report.
Board of directors of Pennon Shipping Pvt Ltd
Pennon Shipping has 5 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Subramania Mahalingam Also directs: Jayjayem Shipping & Logistics Private Limited, T P Roy Chowdhury & Co Private Limited, J N Mukherjee & Co Pvt Ltd and 1 more | Director | 07 Jan 1992 | 34 Years 10 Months | Current |
| Chandrasekar Jayaraman | Director | 07 Jan 1992 | 34 Years 10 Months | Current |
| Ashok Janakiram | Director | 07 Jan 1992 | 34 Years 10 Months | Current |
| Ramesh Janakiram | Director | 07 Jan 1992 | 34 Years 10 Months | Current |
| Ganesh Mahalingam | Director | 01 Jun 1995 | 31 Years 5 Months | Current |
Auditor
Pennon Shipping Pvt Ltd is audited by R K VENKATESAN AND CO for the financial year 2026.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R K VENKATESAN AND CO | FY 2026 | 315056E |
Shareholding
The shareholding of Pennon Shipping Pvt Ltd is on record for 5 financial years, the latest being FY 2026, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2026 | FY 2025 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Pennon Shipping Pvt Ltd, buy the company report.
Legal cases
Pennon Shipping Pvt Ltd has 4 court cases on record: 4 filed by Pennon Shipping. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 0 | 0 |
| District courts | 1 | 0 | 0 |
Cases on record (3 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Civil suit | Filed by the company against Yusen Logistics (India) Private Limited | Disposed |
| Calcutta High Court | Court case (CO) | Filed by the company against Accord Csa Freight Lines Pvt. Ltd. | Disposed |
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against Accord Csa Freight Lines Pvt Ltd. | Disposed |
To see the full case history of Pennon Shipping Pvt Ltd, 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 Pennon Shipping Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Pennon Shipping has 1 associated company. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
Employees & EPFO
Pennon Shipping Pvt Ltd has a workforce of 15 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 15 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Pennon Shipping Pvt Ltd, buy the company report.
GST
Pennon Shipping has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AABCP6201G1ZO | West Bengal | Active | 01 Jul 2017 |
| 33AABCP6201G1ZY | Tamil Nadu | Active | 01 Jul 2017 |
| 37AABCP6201G1ZQ | Andhra Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Pennon Shipping Pvt Ltd, buy the company report.
Recent activity
Pennon Shipping Pvt Ltd has 8 board changes on record since 1992: 6 appointments and 2 cessations. The latest: Subramania Mahalingam ceased to be Director on 29 Sep 2020.
Frequently asked questions
Pennon Shipping is an active private limited company based in Kolkata, West Bengal, India. The company works in shipping and maritime services, within the transport and logistics industry. It was incorporated on 07 January 1992 (34+ years old) and is registered under CIN U63090WB1992PTC054040.
Pennon Shipping has 5 current directors:
- Subramania Mahalingam - Director
- Chandrasekar Jayaraman - Director
- Ashok Janakiram - Director
- Ramesh Janakiram - Director
- Ganesh Mahalingam - Director
The latest financial statements of Pennon Shipping on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 02 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Pennon Shipping is 19AABCP6201G1ZO, registered in West Bengal. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 33AABCP6201G1ZY (Tamil Nadu), 37AABCP6201G1ZQ (Andhra Pradesh).
The CIN (Corporate Identification Number) of Pennon Shipping is U63090WB1992PTC054040. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pennon Shipping has 4 court cases on record: 4 filed by the company. Most are in the high courts.
Pennon Shipping was incorporated on 07 January 1992, making it 34+ years old. It is registered with the Registrar of Companies, Kolkata.
Subramania Mahalingam ceased to be Director on 29 Sep 2020. Janakiram Kalathur Subramania ceased to be Director on 17 Nov 2012. Sandip Banerjee was appointed as Manager on 01 Jun 2002. Pennon Shipping has 8 board changes on record in total.
Pennon Shipping can be reached through the website pennonshipping.com. Its registered office is in Kolkata, West Bengal, India.
The registered office of Pennon Shipping is at 53B Mirza Ghalib Street, Kolkata, West Bengal, India – 700016.
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