Vernel Maritime Services Private Limited
About Vernel Maritime Services Private Limited
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Vernel Maritime Services Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the transportation and logistics segment of the transportation sector. It was incorporated on 04 December 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U63010MH2007PTC176462. Its GSTIN is 27AACCV6062E1ZD (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Elina Maria Sequeira and Vernon Jules Sequeira.
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 Sequilla 15 B Dr. Peter Dias Road Bandra (West), Mumbai, Maharashtra, India – 400050.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.89 Cr, a growth of 9% compared to the previous year. For the same year it recorded a net profit of ₹6.97 Lakh (net margin 3.7%) and EBITDA of ₹18.77 Lakh (EBITDA margin 10%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 7% over five years.
Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Vernel Maritime Services Private Limited's registered office is in Mumbai, Maharashtra.
- Registered AddressSequilla 15 B Dr. Peter Dias Road Bandra (West), Mumbai, Maharashtra, India – 400050
- IndustryTransportation, Transportation Services
- 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 Vernel Maritime Services is transportation and storage. In detail, this covers land transport and transport via pipelines.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transportation and storage | 49 | Land transport and transport via pipelines |
To see the full business activity and turnover split of Vernel Maritime Services Private Limited, buy the company report.
Financials of Vernel Maritime Services Private Limited
FY 2024 filings availableVernel Maritime Services Private Limited reported revenue of ₹1.89 Cr (up 9% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 7% over five years, including 9% growth in the latest year. EBITDA rose 3% 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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| EBITDA | ₹18.77 Lakh | ||||
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| Net Profit (PAT) | ₹6.97 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 10% | ||||
| Net Profit Margin | 3.7% | ||||
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To see the full financial statements and ratios of Vernel Maritime Services Private Limited, buy the company report.
Board of directors of Vernel Maritime Services Private Limited
Vernel Maritime Services 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 |
|---|---|---|---|---|
| Elina Maria Sequeira | Director | 04 Dec 2007 | 18 Years 11 Months | Current |
| Vernon Jules Sequeira | Director | 30 Mar 2018 | 8 Years 7 Months | Current |
Legal cases
Vernel Maritime Services Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chandigarh | Court case (CS CJ) | Filed against the company by an individual | Disposed |
To see the full case history of Vernel Maritime Services Private Limited, 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 Vernel Maritime Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Vernel Maritime Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCV6062E1ZD | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Vernel Maritime Services Private Limited, buy the company report.
Recent activity
Vernel Maritime Services Private Limited has 4 board changes on record since 2007: 2 appointments and 2 cessations. The latest: Vernon Jules Sequeira ceased to be Additional Director on 29 Sep 2018.
Frequently asked questions
Vernel Maritime Services is an active private limited company based in Mumbai, Maharashtra, India. The company works in transportation services, within the transportation industry. It was incorporated on 04 December 2007 (19+ years old) and is registered under CIN U63010MH2007PTC176462.
Vernel Maritime Services has 2 current directors:
- Elina Maria Sequeira - Director
- Vernon Jules Sequeira - Director
The latest financial statements of Vernel Maritime Services 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 Vernel Maritime Services is 27AACCV6062E1ZD, registered in Maharashtra.
The CIN (Corporate Identification Number) of Vernel Maritime Services is U63010MH2007PTC176462. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vernel Maritime Services has 1 court case on record: 1 filed against it.
Vernel Maritime Services was incorporated on 04 December 2007, making it 19+ years old. It is registered with the Registrar of Companies, Mumbai.
Vernon Jules Sequeira ceased to be Additional Director on 29 Sep 2018. Sancia Allison Sequeira ceased to be Director on 26 Jun 2018. Vernon Jules Sequeira was appointed as Director on 30 Mar 2018. Vernel Maritime Services has 4 board changes on record in total.
The registered office of Vernel Maritime Services is at Sequilla 15 B Dr. Peter Dias Road Bandra West, Mumbai, Maharashtra, India – 400050.
Vernel Maritime Services operates in the transportation industry, in the transportation services segment.
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