Banbro Shipbreakers Limited
About Banbro Shipbreakers Limited
Data last updated:
Banbro Shipbreakers Limited was a public limited company based in Mumbai, Maharashtra, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the shipbuilding and repair services segment of the transport and logistics sector. It was incorporated on 25 June 1997.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U61200MH1997PLC108995.
The company had an authorised share capital of ₹1.25 Cr and a paid-up capital of ₹1.2 Cr.
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at 34 Quay Street Darukhana, Mumbai, Maharashtra, India – 400010.
As per the financials filed for FY 2016, the company reported a revenue of ₹26.38 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹35.39 Lakh (net margin 134.2%) and EBITDA of ₹89.19 Lakh (EBITDA margin 338.2%).
Its group structure includes 2 subsidiaries.
Company details
CIN history
Banbro Shipbreakers has one previous CIN (Corporate Identification Number): L61200MH1997PLC108995. The current CIN is U61200MH1997PLC108995, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U61200MH1997PLC108995 | Current |
| L61200MH1997PLC108995 | Previous |
Contact details
Banbro Shipbreakers Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address34 Quay Street Darukhana, Mumbai, Maharashtra, India – 400010
- IndustryTransport and Logistics, Shipbuilding & Repair Services
To see the full contact details of Banbro Shipbreakers Limited, buy the company report.
- 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
Financials of Banbro Shipbreakers Limited
FY 2016 filings availableBanbro Shipbreakers Limited reported revenue of ₹26.38 Lakh (up 620% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue rose 620% in the latest year. EBITDA rose 83% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹26.38 Lakh | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹89.19 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹35.39 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
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 338.2% | |
| Net Profit Margin | 134.2% | |
| 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 | ||
To see the full financial statements and ratios of Banbro Shipbreakers Limited, buy the company report.
Board of directors of Banbro Shipbreakers Limited
Banbro Shipbreakers has 4 former directors on record and no current directors listed.
Peer comparison
Banbro Shipbreakers Limited is compared with the 10 companies closest to it by revenue in the Shipping industry (Shipbuilding and Repairs), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Afford Marine Controls Private Limited | ₹11.43 Cr (FY 2025) | 98.0% | Mumbai, Maharashtra, India | |||
| Aarcmarine Engineering and Ship Supply Private Limited | ₹11.19 Cr (FY 2025) | 67.0% | Chennai, Tamil Nadu, India | |||
| G1 Offshore & Marine Private Limited | ₹11.07 Cr (FY 2024) | -69.0% | Chennai, Tamil Nadu, India | |||
| Joamziel Marine Craft Private Limited | ₹10.85 Cr (FY 2024) | 43.0% | Pernem, Goa, India | |||
| Mirsh Ship Management Service Private Limited | ₹10.74 Cr (FY 2024) | 26.0% | Ernakulam, Kerala, India | |||
| Nav Bharat Tankers Private Limited | ₹10.59 Cr (FY 2025) | -8.0% | Mumbai, Maharashtra, India | |||
| Beacon Marine Private Limited | ₹10.57 Cr (FY 2025) | 49.0% | Thane, Maharashtra, India | |||
| Indiana Maritime Private Limited | ₹10.48 Cr (FY 2025) | 15.0% | Thane, Maharashtra, India | |||
| Shiv Raj Marine Engineering and Infra Projects Private Limited | ₹10.37 Cr (FY 2025) | Thane, Maharashtra, India | ||||
| Amrut Shipbuilding Private Limited | ₹10.28 Cr (FY 2025) | -28.0% | Mumbai, Maharashtra, India | |||
| Banbro Shipbreakers Limitedthis company | ₹26.38 Lakh (FY 2016) | ₹35.39 Lakh | 134.2% | 620.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Banbro Shipbreakers Limited, buy the company report.
Auditor
Banbro Shipbreakers Limited is audited by D L VORA & ASSOCIATES for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D L VORA & ASSOCIATES | FY 2016 | 111623W |
Shareholding
The shareholding of Banbro Shipbreakers Limited is on record for FY 2016, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2016 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Banbro Shipbreakers Limited, buy the company report.
Legal cases
No court or tribunal cases involving Banbro Shipbreakers Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Banbro Shipbreakers Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Banbro Shipbreakers has 2 subsidiary companies. This group structure data is as of FY 2016. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Gujarat Imex Labs Private Limited | U74220MH1993PTC135199 | |
| Gujarat Imex Labs Private Limited | U74220MH1993PTC135199 |
To see the full group structure of Banbro Shipbreakers Limited, buy the company report.
GST
No GST registration is on our record for Banbro Shipbreakers Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Banbro Shipbreakers Limited has 4 board changes on record since 2016: 0 appointments and 4 cessations. The latest: Laxman Sohanlal Bansal ceased to be Director on 14 Dec 2016.
Frequently asked questions
Banbro Shipbreakers has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Banbro Shipbreakers was a public limited company based in Mumbai, Maharashtra, India. The company worked in shipbuilding and repair services, within the transport and logistics industry. It was incorporated on 25 June 1997 and is registered under CIN U61200MH1997PLC108995. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Banbro Shipbreakers is U61200MH1997PLC108995. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Banbro Shipbreakers was incorporated on 25 June 1997. It is registered with the Registrar of Companies, Mumbai.
The registered office of Banbro Shipbreakers is at 34 Quay Street Darukhana, Mumbai, Maharashtra, India – 400010.
The latest financial statements of Banbro Shipbreakers on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.
Banbro Shipbreakers operated in the transport and logistics industry, in the shipbuilding and repair services segment.
The peers of Banbro Shipbreakers by revenue are Afford Marine Controls Private Limited, Aarcmarine Engineering and Ship Supply Private Limited, G1 Offshore & Marine Private Limited, Joamziel Marine Craft Private Limited, Mirsh Ship Management Service Private Limited and 5 more, all in the Shipping industry (Shipbuilding and Repairs).
Laxman Sohanlal Bansal ceased to be Director on 14 Dec 2016. Manish Laxman Bansal ceased to be Director on 14 Dec 2016. Rohit Laxman Bansal ceased to be Director on 14 Dec 2016. Banbro Shipbreakers has 4 board changes on record in total.
Banbro Shipbreakers has 2 subsidiary companies including Gujarat Imex Labs Private Limited, Gujarat Imex Labs Private Limited.
Banbro Shipbreakers can be reached at its registered office: 34 Quay Street Darukhana, Mumbai, Maharashtra, India – 400010.