Vertitide Ship Management Private Limited
About Vertitide Ship Management Private Limited
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Vertitide Ship Management Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 22 December 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U61100MH2011PTC225329. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Mohamed Ali Bakar Ali Mirza and Krushnakant Anant Korgaonkar.
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 412 Nav Vyapar Bhavan 49 P. D'Mello Road Masjid (East), Mumbai, Maharashtra, India – 400009.
As per the financials filed for FY 2025, the company reported a revenue of ₹6.51 Cr, a growth of 60% compared to the previous year. For the same year it recorded a net profit of ₹2.79 Lakh (net margin 0.4%) and EBITDA of ₹3.9 Lakh (EBITDA margin 0.6%). Revenue has grown at a compounded annual rate (CAGR) of 378% over three years and 170% over five years.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
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- Registered Address412 Nav Vyapar Bhavan 49 P. D'Mello Road Masjid (East), Mumbai, Maharashtra, India – 400009
- IndustryBusiness Outsourcing, Business & IT Consulting
- 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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Business Activity of Vertitide Ship Management Private Limited
The main business activity of Vertitide Ship Management is administrative and support service activities. In detail, this covers office administrative, office support and other business support activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Administrative and support service activities | 82 | Office administrative, office support and other business support activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Vertitide Ship Management Private Limited FY 2025 filings available
Vertitide Ship Management Private Limited reported revenue of ₹6.51 Cr (up 60% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Vertitide Ship Management Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 170% over five years, including 60% growth in the latest year. EBITDA fell 32% 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 of Vertitide Ship Management Private Limited
| 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 | ₹3.9 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2.79 Lakh | •••• | •••• | •••• | •••• |
| 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 of Vertitide Ship Management Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.4% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Vertitide Ship Management are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Vertitide Ship Management Private Limited
Vertitide Ship Management Private Limited is compared with the companies closest to it by revenue in the Shipping industry (Consulting Services, Shipping Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Seapride Management and Consulting Services Private Limited | ₹6.53 Cr (FY 2024) | •••• | •••• | -7.0% | •••• | Chennai, Tamil Nadu, India |
| Metis Family Office Services Private Limited | ₹6.53 Cr (FY 2025) | •••• | •••• | -18.0% | •••• | Chennai, Tamil Nadu, India |
| Raffles Educity (I) Private Limited | ₹6.53 Cr (FY 2024) | •••• | •••• | 41.0% | •••• | Chandigarh, India |
| Optimal Strategix Consulting Private Limited | ₹6.53 Cr (FY 2025) | •••• | •••• | -46.0% | •••• | Bangalore, Karnataka, India |
| Lmtec India Consulting Services Private Limited | ₹6.52 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | Noida, Uttar Pradesh, India |
| Vertitide Ship Management Private Limited this company | ₹6.51 Cr (FY 2025) | •••• | •••• | 60.0% | •••• | Mumbai, Maharashtra, India |
| FRS Econsultants Private Limited | ₹6.51 Cr (FY 2024) | •••• | •••• | 2197.0% | •••• | New Delhi, Delhi, India |
| Kavel Industries Private Limited | ₹6.51 Cr (FY 2025) | •••• | •••• | 95.0% | •••• | Raipur, Chhattisgarh, India |
| Abhimanhan Energy Private Limited | ₹6.51 Cr (FY 2023) | •••• | •••• | 292.0% | •••• | Mumbai, Maharashtra, India |
| Audi Stadia Consultants Private Limited | ₹6.51 Cr (FY 2025) | •••• | •••• | 18.0% | •••• | Kanpur, Uttar Pradesh, India |
| Meticulous Market Research Private Limited | ₹6.51 Cr (FY 2023) | •••• | •••• | 18.0% | •••• | Pune, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Vertitide Ship Management by revenue in the Shipping industry (Consulting Services, Shipping Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Vertitide Ship Management Private Limited
Vertitide Ship Management Private Limited is audited by C P PANDEY & CO for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| C P PANDEY & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Vertitide Ship Management Private Limited
Vertitide Ship Management has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mohamed Ali Bakar Ali Mirza Also directs: Lsa Marine Services Private Limited | Director | 22 Dec 2011 | 14 Years 9 Months | Current |
| Krushnakant Anant Korgaonkar | Director | 22 Dec 2011 | 14 Years 9 Months | Current |
Ownership and Shareholding of Vertitide Ship Management Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Vertitide Ship Management Private Limited
Vertitide Ship Management Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Vertitide Ship Management Private Limited
Employment history and EPFO contributions of people linked to Vertitide Ship Management.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Vertitide Ship Management Private Limited
Vertitide Ship Management Private Limited has 2 board changes on record since 2011: 2 appointments. The latest: Krushnakant Anant Korgaonkar was appointed as Director on 22 Dec 2011.
Credit Ratings, Litigation & Regulatory Alerts for Vertitide Ship Management Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Vertitide Ship Management Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Vertitide Ship Management Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Vertitide Ship Management Private Limited
Vertitide Ship Management has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Vertitide Ship Management Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Vertitide Ship Management Private Limited
Vertitide Ship Management is an active private limited company based in Mumbai, Maharashtra, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 22 December 2011 (15+ years old) and is registered under CIN U61100MH2011PTC225329.
Vertitide Ship Management reported revenue of ₹6.51 Cr for FY 2025 (up 60% YoY).
Vertitide Ship Management has 2 current directors:
- Mohamed Ali Bakar Ali Mirza - Director
- Krushnakant Anant Korgaonkar - Director
Vertitide Ship Management reported a net profit of ₹2.79 Lakh (net margin 0.4%) and EBITDA of ₹3.9 Lakh (EBITDA margin 0.6%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Vertitide Ship Management is 378% over three years and 170% over five years. In the latest year (FY 2025) revenue rose 60%. CAGR is the steady yearly rate that links the first and the last year.
No. Vertitide Ship Management has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Vertitide Ship Management is U61100MH2011PTC225329. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vertitide Ship Management was incorporated on 22 December 2011, making it 15+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Vertitide Ship Management by revenue are Seapride Management and Consulting Services Private Limited, Metis Family Office Services Private Limited, Raffles Educity (I) Private Limited, Optimal Strategix Consulting Private Limited, Lmtec India Consulting Services Private Limited and 5 more, all in the Shipping industry (Consulting Services, Shipping Services).
Krushnakant Anant Korgaonkar was appointed as Director on 22 Dec 2011. Mohamed Ali Bakar Ali Mirza was appointed as Director on 22 Dec 2011.
The registered office of Vertitide Ship Management is at 412 Nav Vyapar Bhavan 49 P. DMello Road Masjid East, Mumbai, Maharashtra, India – 400009.