About Castle Ships
Castle Ships is a company based in Mumbai (India) founded in 2006. It operates as a B2B. The company has 26 employees. Castle Ships offers products and services including Tanker Fleet Services. Castle Ships operates in a competitive market with competitors including BW Group, Bahri, ENEOS Group, Diamond Shipping and Great Eastern Ship, among others.
- Headquarter Mumbai, India
- Employees 26
- SectorsTransportation, Automotive & Logistics
- Website castleships.com
- Social LinkedIn X Facebook Instagram
- Legal Name Castle Ships Pvt. Ltd.
- Date of Incorporation 01 Mar, 2006
- Jurisdiction Thane, Maharashtra, India
- Annual Revenue₹260 Cr
FY 2025 · -19% YoY
- Net Profit₹107 Cr
FY 2025 · 41% margin
- EBITDA₹146 Cr
FY 2025 · 56% margin
- Employee Count26
Associated legal entities of Castle Ships
Castle Ships is associated with 2 registered companies on The Company Check; the primary company is Castle Ships Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Castle Ships Private Limited CIN U35110MH2006PTC160145 | Active | 01 Mar 2006 | Thane, Maharashtra | ₹260 Cr | 26 | 3 | View details |
| Ind Aust Maritime Private Limited CIN U29299MH1995PTC094371 | Active | 10 Nov 1995 | Thane, Maharashtra | ₹365 Cr | 110 | 4 | View details |
Products & Services of Castle Ships
Castle Ships offers a comprehensive portfolio of products and services, including Tanker Fleet Services.
Provides seaborne transport of clean petroleum products efficiently.
Board of directors of Castle Ships Private Limited (Castle Ships)
Castle Ships Private Limited is the primary company behind Castle Ships. The boards of the 2 registered companies of Castle Ships currently have 5 directors; the longest-serving is Rajiv Bhatia, appointed in 1995. 7 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Rajiv Bhatia DIN 00294364 | Director | 10 Nov 1995 | 30 yrs 11 mo | Ind Aust Maritime Private Limited, Castle Ships Private Limited |
| Ravi Vedprakash Bhatia DIN 00294423 | Director | 18 Nov 1995 | 30 yrs 10 mo | Ind Aust Maritime Private Limited, Castle Ships Private Limited |
| Dilip Ericjohn Desa DIN 00364213 | Director | 08 Oct 2014 | 12 yrs | Castle Ships Private Limited |
| Jyotin Kantilal Mehta DIN 00033518 | Director | 30 Nov 2021 | 4 yrs 10 mo | Ind Aust Maritime Private Limited |
| Vinit Bumb DIN 05268477 | CFO | 22 Mar 2024 | 2 yrs 6 mo | Ind Aust Maritime Private Limited |
Financials of Castle Ships
Figures of Castle Ships Private Limited, the primary company behind Castle Ships, for FY 2025. Revenue was ₹260 Cr (-19% year on year). Net profit was ₹107 Cr (41% margin). EBITDA was ₹146 Cr (56% margin). Revenue has grown at a compounded annual rate of +24% over three years and +15% over five years.
- ₹260 CrRevenue · FY 2025 · -19% YoY
- ₹107 CrNet profit · 41% margin
- ₹146 CrEBITDA · 56% margin
- ₹6.00 CrPaid-up capital
- 26Employees (provident fund records)
- +24%Revenue CAGR, 3 years
- +15%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Castle Ships Private Limited are on its company page.
Detailed financial statements for Castle Ships
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Competitors of Castle Ships
Castle Ships operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as BW Group, Bahri, ENEOS Group, Diamond Shipping and Great Eastern Ship, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| bw-group.com | 1955 | Oslo, Norway | – | – | Offshore transportation of crude oil and natural gas is managed. | |
| bahri.sa | 1978 | Riyadh, Saudi Arabia | – | – | Pipeline-based oil transportation and ship management services are provided. | |
| eneos.co.jp | 2011 | Chiyoda-ku, Japan | – | 12,434 | Provider of oil & gas refining, transporting and other services | |
| diamondsshipping.com | 2007 | Greenwich, United States | – | 1,465 | Oil and gas products are shipped globally by Diamond Shipping. | |
| greatship.com | 1948 | Mumbai, India | – | 777 | Marine transportation and freight forwarding services are provided globally. | |
| ascoworld.com | 1967 | Shoreview, United States | – | – | Oilfield personnel, logistics, supply, training, and waste services are provided. | |
| ten.com | 1997 | Nanterre, France | – | – | Energy transition and low carbon management solutions are provided. | |
| dhtankers.com | 2005 | Oslo, Norway | – | 18 | Crude oil is transported globally via a dedicated tanker fleet. | |
| bourbonoffshore.com | 1948 | Marseille, France | – | – | Offshore oil and gas logistic services are provided globally. |
Detailed competitors of Castle Ships
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Verified entity values are shown only after access is granted.
Similar companies to Castle Ships
10 companies that operate in the same segment as Castle Ships (Maritime Transport & Shipping), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of brand design services | 1972 | Miami, Florida, United States | – | USD 24.53 B | – | |
Company specializing in liquid and gas seaborne logistics | 2002 | Mumbai, Maharashtra, India | USD 86.87 M | USD 147.32 M | 110 | |
Maritime transportation and logistics services are provided. | 1916 | Mumbai, Maharashtra, India | USD 106.7 M | USD 265.33 M | 186 | |
Supply chain, logistics, and transportation services are provided globally. | 1904 | United States | – | USD 56.16 B | 108,160 | |
Provider of maritime transportation services | 1978 | Marseille, Provence-alpes-cote D'azur, France | – | – | – | |
Container, dry bulk, passenger transportation, and terminal operations are provided. | 1961 | Pudong, Shanghai, China | – | USD 31.21 B | 32,409 | |
Railway services including passenger enquiry, freight operations, and digital ticketing in India. | 1853 | Delhi, Delhi, India | – | – | – | |
Maritime transportation services provider | 1952 | Rome, Lazio, Italy | USD 39.88 M | – | – | |
Marine shipping and logistic services are provided globally. | 1999 | Algiers, Algeria | – | USD 5.4 B | 8,630 | |
Dry bulk vessels are owned and operated for commodity transportation. | 1982 | Oslo, Oslo, Norway | USD 15 M | USD 1.07 B | 94 |
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Frequently Asked Questions about Castle Ships
Castle Ships was founded in 2006.
Castle Ships is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Castle Ships has 26 employees.
The primary company behind Castle Ships, Castle Ships Private Limited, reported revenue of ₹260 Cr for FY 2025, down 19% year on year.
Castle Ships is a specialist carrier focused on transporting clean petroleum products from refineries to various global locations. It operates by owning and managing its own fleet, integrating services like chartering, operations, vessel management, and safety protocols. Based in Navi Mumbai, India, the company ensures efficient, safe, and reliable energy product delivery to customers worldwide. Its core values emphasize reliability and responsibility in maritime operations.
Castle Ships's top competitors include Bahri, BW Group and ENEOS Group.
Castle Ships offers Tanker Fleet Services.
Castle Ships is associated with 2 legal entities: Castle Ships Private Limited, Ind Aust Maritime Private Limited.
The legal entities of Castle Ships currently have 5 directors, including Rajiv Bhatia, Ravi Vedprakash Bhatia, Jyotin Kantilal Mehta and others.