MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-05-0015805
Agrasen Shipbreakers Private Limited
Agrasen Shipbreakers Private Limited - transport and logistics in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹16.29 Cr
▼ 81% YoY
Net profit · FY 2025
₹16.42 Lakh
Net margin 1%
EBITDA · FY 2025
₹1.01 Cr
EBITDA margin 6.2%
Authorised capital
₹1.25 Cr
Registered with MCA
Paid-up capital
₹1.15 Cr
Issued & subscribed
Open charges
₹46.5 Cr
Satisfied ₹1.95 Cr
Company age
23 yrs
Est. 2003
Employees · EPFO
139
Provident fund records
About Agrasen Shipbreakers Private Limited
Data last updated:
Agrasen Shipbreakers Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the shipbuilding and repair services segment of the transport and logistics sector. It was incorporated on 08 August 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U35117MH2003PTC189180. Its GSTIN is 24AAECA3311K1Z3 (Gujarat).
The company has an authorised share capital of ₹1.25 Cr and a paid-up capital of ₹1.15 Cr. It is led by directors Sandeep Harphul Bansal and Rajneesh Harphul Bansal.
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 6 Laxminarayan Shopping Centre Sion Trombay Road Chembur, Mumbai, Maharashtra, India – 400071.
As per the financials filed for FY 2025, the company reported a revenue of ₹16.29 Cr, a decline of 81% compared to the previous year. For the same year it recorded a net profit of ₹16.42 Lakh (net margin 1%) and EBITDA of ₹1.01 Cr (EBITDA margin 6.2%). Revenue has declined at a compounded annual rate (CAGR) of 41% over three years and 18% over five years.
The company has about 139 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹46.5 Cr and satisfied charges of ₹1.95 Cr on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it.
Agrasen Shipbreakers Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-05-0015805). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U35117MH2003PTC189180
Registration Number 189180
Incorporation Date 08 August 2003
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-05-0015805
CIN history
Agrasen Shipbreakers has one previous CIN (Corporate Identification Number): U35117GJ2003PTC042736. The current CIN is U35117MH2003PTC189180, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U35117MH2003PTC189180 | Current |
| U35117GJ2003PTC042736 | Previous |
Recognitions & Rankings of Agrasen Shipbreakers
Contact details
Agrasen Shipbreakers Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address6 Laxminarayan Shopping Centre Sion Trombay Road Chembur, Mumbai, Maharashtra, India – 400071
- IndustryTransport and Logistics, Shipbuilding & Repair Services
To see the full contact details of Agrasen Shipbreakers Private Limited, buy the company report.
Comprehensive company report
Agrasen Shipbreakers 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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Business activity
The main business activity of Agrasen Shipbreakers is water supply, sewerage and waste management. In detail, this covers waste collection, treatment and disposal activities, materials recovery and other waste management services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| E | Water supply, sewerage and waste management | E3 | Waste collection, treatment and disposal activities, materials recovery and Other waste management services |
To see the full business activity and turnover split of Agrasen Shipbreakers Private Limited, buy the company report.
Financials of Agrasen Shipbreakers Private Limited
FY 2025 filings availableAgrasen Shipbreakers Private Limited reported revenue of ₹16.29 Cr (down 81% YoY) for FY 2025.
Revenue · FY 2025
₹16.29 Cr ▼ 81%
Net profit · FY 2025
₹16.42 Lakh margin 1%
EBITDA · FY 2025
₹1.01 Cr margin 6.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 81%
3 years · compounded
▼ 41%
5 years · compounded
▼ 18%
EBITDA CAGR growth
1 year
▼ 71%
3 years · compounded
▼ 30%
5 years · compounded
▼ 9%
Revenue has declined at a compounded annual rate (CAGR) of 18% over five years, including a 81% fall in the latest year. EBITDA fell 71% 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 | ₹1.01 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹16.42 Lakh | ||||
| Balance Sheet | |||||
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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 | 6.2% | ||||
| Net Profit Margin | 1% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Agrasen Shipbreakers Private Limited, buy the company report.
Board of directors of Agrasen Shipbreakers Private Limited
Agrasen Shipbreakers has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sandeep Harphul Bansal | Director | 02 May 2018 | 8 Years 5 Months | Current |
| Rajneesh Harphul Bansal | Director | 01 Apr 2007 | 19 Years 6 Months | Current |
Auditor
Agrasen Shipbreakers Private Limited is audited by D.L.VORA & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D.L.VORA & ASSOCIATES | FY 2023 | 033766 |
Shareholding
The shareholding of Agrasen Shipbreakers 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Agrasen Shipbreakers Private Limited, buy the company report.
Charges & borrowings
Open charges
₹46.5 Cr
Satisfied charges
₹1.95 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 May 2007 | 10057560 | Indian Overseas Bank | ₹46.5 Cr | Open | |
| 30 Jun 2004 | 90105387 | Indian Overseas Bank | ₹1.95 Cr | Satisfied |
To see the full charge records of Agrasen Shipbreakers Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Agrasen Shipbreakers Private Limited has 2 court cases on record: 1 filed by Agrasen Shipbreakers, 1 filed against it. All cases are disposed.
Total cases
2
Filed by the company
1
Filed against the company
1
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Appeal | Filed against the company by an individual | Disposed |
| High Court, GUJARAT | Special civil application | Filed by the company against individuals | Disposed |
To see the full case history of Agrasen Shipbreakers 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.
Credit ratings & regulatory alerts
Agrasen Shipbreakers Private Limited was last rated by Indiarating on 01 Jul 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Indiarating | 01 Jul 2021 |
To see the full credit ratings and regulatory alerts of Agrasen Shipbreakers Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Agrasen Shipbreakers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Agrasen Shipbreakers Private Limited has a workforce of 139 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
139
Active EPFO establishments
1
Employee growth
434.62%
GST
Agrasen Shipbreakers has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAECA3311K1Z3 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Agrasen Shipbreakers Private Limited, buy the company report.
Recent activity
Agrasen Shipbreakers Private Limited has 5 board changes on record since 2007: 2 appointments and 3 cessations. The latest: Sandeep Harphul Bansal ceased to be Additional Director on 29 Sep 2018.
AGM
Agrasen Shipbreakers Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Indian Overseas Bank of Rs. 46.50 Cr registered on 19 May 2007 with Charge ID 10057560 was modified on 27 May 2025.
Filing
Agrasen Shipbreakers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Ceased
Sandeep Harphul Bansal ceased to be Additional Director.
Ceased
Rakesh Jaikaran Bansal ceased to be Director.
Appointed
Sandeep Harphul Bansal was appointed as Director.
Ceased
Paragbhai Navinchandra Vora ceased to be Director.
Charges
A charge with Indian Overseas Bank amounted to Rs. 46.50 Cr with Charge ID 10057560 was registered on 19 May 2007.
Appointed
Rajneesh Harphul Bansal was appointed as Director.
Charges
A charge registered on 30 Jun 2004 via Charge ID 90105387 with Indian Overseas Bank was fully satisfied on 27 Feb 2007.
Charges
A charge with Indian Overseas Bank of Rs. 1.95 Cr registered on 30 Jun 2004 with Charge ID 90105387 was modified on 27 Jan 2005.
Charges
A charge with Indian Overseas Bank amounted to Rs. 1.95 Cr with Charge ID 90105387 was registered on 30 Jun 2004.
1 earlier event is in the company report.
Frequently asked questions
Agrasen Shipbreakers is an active private limited company based in Mumbai, Maharashtra, India. The company works in shipbuilding and repair services, within the transport and logistics industry. It was incorporated on 08 August 2003 (23+ years old) and is registered under CIN U35117MH2003PTC189180.
Agrasen Shipbreakers has 2 current directors:
- Sandeep Harphul Bansal - Director
- Rajneesh Harphul Bansal - Director
The latest financial statements of Agrasen Shipbreakers 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 2015 are in the company report.
The GSTIN of Agrasen Shipbreakers is 24AAECA3311K1Z3, registered in Gujarat.
The CIN (Corporate Identification Number) of Agrasen Shipbreakers is U35117MH2003PTC189180. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Agrasen Shipbreakers has 2 court cases on record: 1 filed by the company and 1 filed against it. Most are in the high courts.
Agrasen Shipbreakers was incorporated on 08 August 2003, making it 23+ years old. It is registered with the Registrar of Companies, Mumbai.
Sandeep Harphul Bansal ceased to be Additional Director on 29 Sep 2018. Rakesh Jaikaran Bansal ceased to be Director on 02 May 2018. Sandeep Harphul Bansal was appointed as Director on 02 May 2018. Agrasen Shipbreakers has 5 board changes on record in total.
Yes, Agrasen Shipbreakers is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-05-0015805).
The registered office of Agrasen Shipbreakers is at 6 Laxminarayan Shopping Centre Sion Trombay Road Chembur, Mumbai, Maharashtra, India – 400071.