MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-AP-10-0005644
KSR Marine Services Private Limited - infrastructure and utilities in Visakhapatnam, Andhra Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹149.12 Cr
▲ 8% YoY
Net profit · FY 2025
₹7.73 Cr
Net margin 5.2%
EBITDA · FY 2025
₹29.24 Cr
EBITDA margin 19.6%
Authorised capital
₹25 Cr
Registered with MCA
Paid-up capital
₹24.58 Cr
Issued & subscribed
Open charges
₹284.51 Cr
Satisfied ₹10.86 Cr
Company age
19 yrs
Est. 2007
Employees · EPFO
201
Provident fund records
About KSR Marine Services Private Limited
Data last updated:
KSR Marine Services Private Limited is a private limited company based in Visakhapatnam, Andhra Pradesh, India. It operates in the dredging and marine engineering services segment of the infrastructure and utilities sector. It was incorporated on 03 December 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U14100AP2007PTC056509. Its GSTIN is 37AAGCA7018P1Z8 (Andhra Pradesh). The company holds 5 GST registrations, of which 4 are active.
The company has an authorised share capital of ₹25 Cr and a paid-up capital of ₹24.58 Cr. It was formerly known as Akash Dredging & Marine Services Private Limited. It is led by directors including Koneru Venkateswara Rao and Koneru Tirumala Rao.
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 # Flat No 401 Ocean View Apartments 7 – 5 – 176/1 Pandurangapuram, Visakhapatnam, Andhra Pradesh, India – 530003.
As per the financials filed for FY 2025, the company reported a revenue of ₹149.12 Cr, a growth of 8% compared to the previous year. For the same year it recorded a net profit of ₹7.73 Cr (net margin 5.2%) and EBITDA of ₹29.24 Cr (EBITDA margin 19.6%). Revenue has grown at a compounded annual rate (CAGR) of 28% over three years and 21% over five years.
The company has about 201 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: KSR Marine. As per MCA filings, the company has open charges of ₹284.51 Cr and satisfied charges of ₹10.86 Cr on record. Court records list 36 cases involving the company, including 18 filed by the company and 18 filed against it; 11 cases are pending. The company has 15 deals on record (8 funding rounds, 7 secondary share transfers), with disclosed funding of ₹26.25 Cr; the latest was in March 2020.
KSR Marine Services Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-AP-10-0005644). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ksrmarine.com.
Company details
CIN U14100AP2007PTC056509
Registration Number 056509
Incorporation Date 03 December 2007
ROC Hyderabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-AP-10-0005644
Key People
Koneru Venkateswara Rao Director Koneru Tirumala Rao Director Koneru Srinivas Rao Director Recognitions & Rankings of KSR Marine Services
Contact details
KSR Marine Services Private Limited's registered office is in Visakhapatnam, Andhra Pradesh. Its website is ksrmarine.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address# Flat No 401 Ocean View Apartments 7 – 5 – 176/1 Pandurangapuram, Visakhapatnam, Andhra Pradesh, India – 530003
- IndustryInfrastructure and Utilities, Dredging & Marine Engineering Services
To see the full contact details of KSR Marine Services Private Limited, buy the company report.
Comprehensive company report
KSR Marine Services 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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Brands
KSR Marine Services operates one associated brand: KSR Marine. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Dredging and marine services in India. | ksrmarine.com |
Business activity
The main business activity of KSR Marine Services is professional, scientific and technical activities. In detail, this covers architectural and engineering activities; technical testing and analysis.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, scientific and technical activities | 71 | Architectural and engineering activities; technical testing and analysis |
To see the full business activity and turnover split of KSR Marine Services Private Limited, buy the company report.
Financials of KSR Marine Services Private Limited
FY 2024 filings availableKSR Marine Services Private Limited reported revenue of ₹149.12 Cr (up 8% YoY) for FY 2025.
Revenue · FY 2025
₹149.12 Cr ▲ 8%
Net profit · FY 2025
₹7.73 Cr margin 5.2%
EBITDA · FY 2025
₹29.24 Cr margin 19.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 8%
3 years · compounded
▲ 28%
5 years · compounded
▲ 21%
EBITDA CAGR growth
1 year
▲ 3%
3 years · compounded
▲ 18%
5 years · compounded
▲ 15%
Revenue has grown at a compounded annual rate (CAGR) of 21% over five years, including 8% 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 | ₹29.24 Cr | ||||
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| Net Profit (PAT) | ₹7.73 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 | 19.6% | ||||
| Net Profit Margin | 5.2% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of KSR Marine Services Private Limited, buy the company report.
Board of directors of KSR Marine Services Private Limited
KSR Marine Services has 3 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Koneru Venkateswara Rao | Director | 24 Mar 2014 | 12 Years 7 Months | Current |
| Koneru Tirumala Rao Also directs: Sterling Stonex Private Limited, KSR Infracon Private Limited | Director | 24 Mar 2014 | 12 Years 7 Months | Current |
| Koneru Srinivas Rao Also directs: Sterling Stonex Private Limited, KSR Infracon Private Limited | Director | 24 Mar 2014 | 12 Years 7 Months | Current |
Auditor
KSR Marine Services Private Limited is audited by DVAK&CO, for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DVAK&CO, | FY 2023 | 016336S |
Shareholding
The shareholding of KSR Marine Services 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 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of KSR Marine Services Private Limited, buy the company report.
Charges & borrowings
Open charges
₹284.51 Cr
Satisfied charges
₹10.86 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Jul 2025 | 101136600 | Axis Bank Limited | ₹84.2 Lakh | Open | |
| 28 Jun 2025 | 101135718 | Others | ₹7 Cr | Open | |
| 11 Mar 2025 | 101074021 | Axis Bank Limited | ₹21.48 Lakh | Open | |
| 24 Jan 2025 | 101045325 | Axis Bank Limited | ₹54.91 Lakh | Open | |
| 17 Jan 2025 | 101045321 | Axis Bank Limited | ₹1.1 Cr | Open |
To see the full charge records of KSR Marine Services Private Limited, buy the company report.
Total charge records: 32 View all charges
Deals & funding
KSR Marine Services Private Limited has 15 deals on record (8 funding rounds, 7 secondary share transfers), with disclosed funding of ₹26.25 Cr; the latest was in March 2020.
Total deals
15
Funding rounds
8
Secondary share transfers
7
Disclosed funding
₹26.25 Cr
Deals on record (5 of 15)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2016 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: KSR Infracon Private Limited |
| Apr 2015 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: KSR Infracon Private Limited |
| Mar 2015 | Funding round | ₹10 Cr | Investors: KSR Infracon Private Limited |
| Mar 2014 | Secondary share transfer | Undisclosed | Buyer: KSR Infracon Private Limited Seller: 4 individuals |
| Oct 2013 | Funding round | ₹1.5 Cr | Investors: KSR Infracon Private Limited |
To see the full deal history of KSR Marine Services Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
KSR Marine Services Private Limited has 36 court cases on record: 18 filed by KSR Marine Services, 18 filed against it. 11 cases are pending and 25 are disposed.
Total cases
36
Filed by the company
18
Filed against the company
18
Pending
11
Disposed
25
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 24 | 9 | 5 |
| District courts | 6 | 3 | 1 |
| NCLT | 5 | 5 | 5 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 36)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, NCLT Amaravati | Interim or miscellaneous application | Filed against the company by KSR Infracon Private Limited | Pending |
| District court, Thane, Maharashtra | Court case (Sum.Civ.Suit) | Filed by the company against Pragati Marine Services Pvt. Ltd. | Pending |
| High Court, MAHARASHTRA | Court case (CARBP) | Filed against the company by Coastal Marine Construction and Engineering Ltd | Pending |
| Bombay High Court | Arbitration matter | Filed by the company against Coastal Marine Construction and Engineering Ltd. | Pending |
| Bombay High Court | Interim or miscellaneous application | Filed by the company against Coastal Marine Construction and Engineering Ltd. | Pending |
To see the full case history of KSR Marine 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 KSR Marine Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
KSR Marine Services Private Limited has a workforce of 201 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
Employee count
201
Active EPFO establishments
1
Employee growth
-17.62%
GST
KSR Marine Services has 5 GST registrations: 4 active and 1 cancelled or inactive.
Total GSTINs
5
Active
4
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AAGCA7018P1Z8 | Andhra Pradesh | Active | 01 Jul 2017 |
| 32AAGCA7018P1ZI | Kerala | Active | 01 Jul 2017 |
| 34AAGCA7018P1ZE | Puducherry | Active | 01 Jul 2021 |
| 14AAGCA7018P1ZG | Manipur | Active | 27 Feb 2025 |
To see the full GST registrations and return filing status of KSR Marine Services Private Limited, buy the company report.
Recent activity
KSR Marine Services Private Limited has 11 board changes on record since 2010: 3 appointments and 8 cessations. The latest: Rakesh Kumar Pandey ceased to be Director on 10 Jun 2016.
Charges
A charge with Axis Bank Limited amounted to Rs. 0.84 Cr with Charge ID 101136600 was registered on 09 Jul 2025.
Charges
A charge with Others amounted to Rs. 7.00 Cr with Charge ID 101135718 was registered on 28 Jun 2025.
Charges
A charge with Hdfc Bank Limited of Rs. 41.17 Cr registered on 25 Sep 2019 with Charge ID 100290113 was modified on 16 Apr 2025.
Charges
A charge with Axis Bank Limited amounted to Rs. 0.21 Cr with Charge ID 101074021 was registered on 11 Mar 2025.
Charges
A charge with Axis Bank Limited amounted to Rs. 0.55 Cr with Charge ID 101045325 was registered on 24 Jan 2025.
Charges
A charge with Axis Bank Limited amounted to Rs. 1.10 Cr with Charge ID 101045321 was registered on 17 Jan 2025.
Charges
A charge with Others amounted to Rs. 7.33 Cr with Charge ID 101021903 was registered on 20 Dec 2024.
Charges
A charge with Others amounted to Rs. 2.52 Cr with Charge ID 101024907 was registered on 17 Dec 2024.
AGM
Ksr Marine Services Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 8.00 Cr with Charge ID 100970303 was registered on 16 Aug 2024.
Charges
A charge with Others of Rs. 17.50 Cr registered on 01 Jul 2023 with Charge ID 100736483 was modified on 29 Jun 2024.
Filing
Ksr Marine Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.
40 earlier events are in the company report.
Frequently asked questions
KSR Marine Services is an active private limited company based in Visakhapatnam, Andhra Pradesh, India. The company works in dredging and marine engineering services, within the infrastructure and utilities industry. It was incorporated on 03 December 2007 (19+ years old) and is registered under CIN U14100AP2007PTC056509.
KSR Marine Services has 3 current directors:
- Koneru Venkateswara Rao - Director
- Koneru Tirumala Rao - Director
- Koneru Srinivas Rao - Director
The latest financial statements of KSR Marine 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 KSR Marine Services is 37AAGCA7018P1Z8, registered in Andhra Pradesh. The company has 5 GST registrations in all, of which 4 are active and 1 is cancelled or inactive. Other active GSTINs include 32AAGCA7018P1ZI (Kerala), 34AAGCA7018P1ZE (Puducherry), 14AAGCA7018P1ZG (Manipur).
The CIN (Corporate Identification Number) of KSR Marine Services is U14100AP2007PTC056509. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
KSR Marine Services has 36 court cases on record: 18 filed by the company and 18 filed against it. 11 are pending. Most are in the high courts.
KSR Marine Services was incorporated on 03 December 2007, making it 19+ years old. It is registered with the Registrar of Companies, Hyderabad.
KSR Marine Services has 15 deals on record (8 funding rounds, 7 secondary share transfers), with disclosed funding of ₹26.25 Cr; the latest was in March 2020.
Rakesh Kumar Pandey ceased to be Director on 10 Jun 2016. Koneru Srinivas Rao ceased to be Additional Director on 30 Sep 2014. Koneru Tirumala Rao ceased to be Additional Director on 30 Sep 2014. KSR Marine Services has 11 board changes on record in total.
Yes, KSR Marine Services is registered as a medium enterprise under Udyam registration (number: UDYAM-AP-10-0005644).