About Salasar Balaji
Salasar Balaji is an Industrial Goods & Manufacturing company founded in 1983. Ship recycling, scrap trading, and steel products services in India. The company has 4 employees. Its Indian entity Salasar Balaji Ship Breakers Private Limited reported revenue of ₹7.76 Cr. Salasar Balaji offers products and services including Ship Recycling Services and Ferrous and Non-Ferrous Scrap. Its focus areas include Industrial Services, Recycling, Ship Breaking and Scrap Processing.
Company details
Salasar Balaji is recognized for its ship recycling operations, which have been established since 1956 in locations like Mumbai, Mangalore, and Alang. Commitment to health, safety, and environmental sustainability is demonstrated through certifications from Class NK and pursuits of EU standards. The company is guided by values such as integrity and synergy, where ethical recycling processes are employed, including vessel deconstruction and scrap trading. Over the years, numerous ships, including VLCCs, have been recycled, contributing to industrial scrap and steel product markets while fostering long-term staff loyalty and global partnerships.
- Employees 4
- SectorsIndustrial Goods & Manufacturing
- Email••••••••
- Website salasarbalajishipbreakers.com
- Legal Name Salasar Balaji Ship Breakers Pvt Ltd
- Date of Incorporation 13 Apr, 2000
- Jurisdiction Bhavnagar, Gujarat, India
- Indian entity revenue₹7.76 Cr
FY 2023 · +112% YoY
- Indian entity net profit₹24.4 Lakh
FY 2023 · 3% margin
- Indian entity EBITDA₹12.8 Lakh
FY 2023 · 2% margin
- Employee Count4
Associated legal entities of Salasar Balaji
Salasar Balaji operates through Salasar Balaji Ship Breakers Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Salasar Balaji Ship Breakers Private Limited CIN U35114GJ2000PTC037790 | Active | 13 Apr 2000 | Bhavnagar, Gujarat | ₹7.8 Cr | 4 | 3 | View details |
Products & Services of Salasar Balaji
Salasar Balaji offers a comprehensive portfolio of products and services, including Ship Recycling Services and Ferrous and Non-Ferrous Scrap.
Deconstruction and recycling of ships are managed to ensure environmental sustainability and safety
Processing and trading of scrap materials are handled for industrial use
Board of directors of Salasar Balaji Ship Breakers Private Limited (Salasar Balaji)
Salasar Balaji Ship Breakers Private Limited is the primary company behind Salasar Balaji. The board of Salasar Balaji Ship Breakers Private Limited currently have 3 directors; the longest-serving is Sunita Chaudhry, appointed in 2006. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sunita Chaudhry DIN 00581208 | Director | 20 Mar 2006 | 20 yrs 7 mo | Salasar Balaji Ship Breakers Private Limited |
| Abhishek Sanjiv Chaudhry DIN 03391515 | Director | 15 Sep 2020 | 6 yrs 1 mo | Salasar Balaji Ship Breakers Private Limited |
| Sanjiv Shyamsunder Chaudhary DIN 00262028 | Director | 11 Jan 2024 | 2 yrs 9 mo | Salasar Balaji Ship Breakers Private Limited |
Financials of Salasar Balaji
Figures of Salasar Balaji Ship Breakers Private Limited, the primary company behind Salasar Balaji, for FY 2023. Revenue was ₹7.76 Cr (+112% year on year). Net profit was ₹24.4 Lakh (3% margin). EBITDA was ₹12.8 Lakh (2% margin). Revenue has grown at a compounded annual rate of -62% over three years and -36% over five years.
- ₹7.76 CrRevenue · FY 2023 · +112% YoY
- ₹24.4 LakhNet profit · 3% margin
- ₹12.8 LakhEBITDA · 2% margin
- ₹2.60 CrPaid-up capital
- 4Employees (provident fund records)
- -62%Revenue CAGR, 3 years
- -36%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Salasar Balaji Ship Breakers Private Limited are on its company page.
Detailed financial statements for Salasar Balaji
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Frequently Asked Questions about Salasar Balaji
Salasar Balaji was founded in 1983.
Salasar Balaji has 4 employees.
The primary company behind Salasar Balaji, Salasar Balaji Ship Breakers Private Limited, reported revenue of ₹7.76 Cr for FY 2023, up 112% year on year.
Salasar Balaji is recognized for its ship recycling operations, which have been established since 1956 in locations like Mumbai, Mangalore, and Alang. Commitment to health, safety, and environmental sustainability is demonstrated through certifications from Class NK and pursuits of EU standards. The company is guided by values such as integrity and synergy, where ethical recycling processes are employed, including vessel deconstruction and scrap trading. Over the years, numerous ships, including VLCCs, have been recycled, contributing to industrial scrap and steel product markets while fostering long-term staff loyalty and global partnerships.
Salasar Balaji offers Ship Recycling Services and Ferrous and Non-Ferrous Scrap.
Salasar Balaji operates through Salasar Balaji Ship Breakers Private Limited.
The legal entities of Salasar Balaji currently have 3 directors, including Sunita Chaudhry, Abhishek Sanjiv Chaudhry, Sanjiv Shyamsunder Chaudhary.