About Bansal Ship Breakers Pvt Ltd
Data last updated:
Bansal Ship Breakers Pvt Ltd is a private limited company based in Bhavnagar, Gujarat, India. It operates in the shipbroking and shipping agency services segment of the transport and logistics sector. It was incorporated on 24 October 1991 and has been in existence for over 35 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U35117GJ1991PTC016487. Its GSTIN is 24AAACB8758P1Z3 (Gujarat). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹6.75 Cr and a paid-up capital of ₹5.04 Cr. It is led by directors Bharat Kapoorchand Bansal and Rubalbhai Kapoorchand 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 Bhavnagar, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹148.47 Cr, a growth of 14% compared to the previous year. For the same year it recorded a net profit of ₹2.75 Cr (net margin 1.9%) and EBITDA of ₹6.68 Cr (EBITDA margin 4.5%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 3% over five years.
As per MCA filings, the company has open charges of ₹378.42 Cr and satisfied charges of ₹256.78 Cr on record. Court records list 8 cases involving the company, including 1 filed by the company and 6 filed against it. The company has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹3.25 Cr; the latest was in April 2012. Its 10 peer companies in the Shipping industry (Ship Broking and Shipping Agency) are compared by revenue, 5 larger and 5 smaller; the largest is Abs Marine Services Limited with revenue of ₹184.31 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website bansalgroupindia.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressD/9 Opp Oriental Bankof Commerce Behind Ram Mantra Mandir Kalvibid Bhavna, Gar, Bhavnagar, Gujarat, India – 364002
- IndustryTransport and Logistics, Shipbroking & Shipping Agency Services
- 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
- One PDF report, delivered after checkout
Business Activity of Bansal Ship Breakers Pvt Ltd
The main business activity of Bansal Ship Breakers is manufacturing. In detail, this covers metal and metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Bansal Ship Breakers Pvt Ltd FY 2025 filings available
Bansal Ship Breakers Pvt Ltd reported revenue of ₹148.47 Cr (up 14% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Bansal Ship Breakers Pvt Ltd
Revenue has grown at a compounded annual rate (CAGR) of 3% over five years, including 14% growth in the latest year. EBITDA rose 25% 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 of Bansal Ship Breakers Pvt Ltd
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹6.68 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2.75 Cr | •••• | •••• | •••• | •••• |
| 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 of Bansal Ship Breakers Pvt Ltd
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.9% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Bansal Ship Breakers are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Bansal Ship Breakers Pvt Ltd
Bansal Ship Breakers Pvt Ltd is compared with the companies closest to it by revenue in the Shipping industry (Ship Broking and Shipping Agency). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Abs Marine Services Limited | ₹184.31 Cr (FY 2025) | •••• | •••• | 34.0% | •••• | Chennai, Tamil Nadu, India |
| Rudra Green Ship Recycling Private Limited | ₹180.63 Cr (FY 2024) | •••• | •••• | 35.0% | •••• | Bhavnagar, Gujarat, India |
| Sai Shipping Company Private Limited | ₹152.25 Cr (FY 2025) | •••• | •••• | -27.0% | •••• | Mumbai, Maharashtra, India |
| Arya Tankers Private Limited | ₹151.16 Cr (FY 2024) | •••• | •••• | 17.0% | •••• | Mumbai, Maharashtra, India |
| Ocean Network Express (India) Private Limited | ₹148.9 Cr (FY 2025) | •••• | •••• | 19.0% | •••• | Mumbai, Maharashtra, India |
| Bansal Ship Breakers Pvt Ltd this company | ₹148.47 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | Bhavnagar, Gujarat, India |
| Gloshipping & Logistics Private Limited | ₹112.76 Cr (FY 2025) | •••• | •••• | 32.0% | •••• | Chennai, Tamil Nadu, India |
| HMM Shipping India Private Limited | ₹108.03 Cr (FY 2025) | •••• | •••• | 43.0% | •••• | Mumbai, Maharashtra, India |
| Arcochart Trading and Shipping Private Limited | ₹100.6 Cr (FY 2025) | •••• | •••• | -31.0% | •••• | Mumbai, Maharashtra, India |
| Ghaziabad Ship Breakers Private Limited | ₹91.67 Cr (FY 2024) | •••• | •••• | 333.0% | •••• | Bhavnagar, Gujarat, India |
| Admiral Marine Services Private Limited | ₹90.73 Cr (FY 2025) | •••• | •••• | 25.0% | •••• | Chennai, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Bansal Ship Breakers by revenue in the Shipping industry (Ship Broking and Shipping Agency), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Bansal Ship Breakers Pvt Ltd
Bansal Ship Breakers Pvt Ltd is audited by B.R.Popat & Co. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| B.R.Popat & Co. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Bansal Ship Breakers Pvt Ltd
Bansal Ship Breakers has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bharat Kapoorchand Bansal Also directs: Bansal Ship Recyclers LLP | Director | 20 Oct 2014 | 11 Years 11 Months | Current |
| Rubalbhai Kapoorchand Bansal Also directs: Bansal Evergreenss LLP | Director | 20 May 2005 | 21 Years 4 Months | Current |
Ownership and Shareholding of Bansal Ship Breakers Pvt Ltd
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Bansal Ship Breakers Pvt Ltd
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 Jun 2022 | State Bank of India | ₹150.96 Cr | Open |
| 07 Dec 2011 | State Bank of India | ₹227.46 Cr | Open |
| 26 Aug 2013 | State Bank of India | ₹101.78 Cr | Satisfied |
| 19 May 2010 | State Bank of India | ₹100 Cr | Satisfied |
| 29 Sep 1998 | State Bank of Saurashtra | ₹55 Cr | Satisfied |
Total charge records: 5 View all charges
Deals & Funding of Bansal Ship Breakers Pvt Ltd
Bansal Ship Breakers Pvt Ltd has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹3.25 Cr; the latest was in April 2012.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2012 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2011 | Funding round | ₹3.25 Cr | Investors: an individual |
Full deal history
All 2 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Bansal Ship Breakers Pvt Ltd
Bansal Ship Breakers Pvt Ltd has 8 court cases on record: 1 filed by Bansal Ship Breakers, 6 filed against it, 1 where it is another party. All cases are disposed. Status as checked between 03 Oct 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 6 | 5 | 0 |
| District courts | 2 | 1 | 0 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Gujarat | Court case (TAXAP) | Filed against the company by Commissioner ,Customs (Preventive) Seema Shulk Bhavan | Disposed |
| High Court of Gujarat | Court case (TAXAP) | Filed against the company by Commissioner, Customs (Preventive) Seema Shulk Bhavan | Disposed |
| High Court of Gujarat | Court case (TAXAP) | Filed against the company by Commissioner, Customs (Preventive) | Disposed |
| District court, Bhavnagar, Gujarat | Court case (APPLN ESI) | Filed by the company against Employoes State Insurance Company | Disposed |
| District court, Ganjam, Odisha | Court case (S.p.j.c) | Filed against the company by an individual | Disposed |
Full case history
All 8 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Bansal Ship Breakers Pvt Ltd
Employment history and EPFO contributions of people linked to Bansal Ship Breakers.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
News related to Bansal Ship Breakers Pvt Ltd
Recent Activity on Bansal Ship Breakers Pvt Ltd
Bansal Ship Breakers Pvt Ltd has 4 board changes on record since 2005: 2 appointments and 2 cessations. The latest: Bharat Kapoorchand Bansal ceased to be Additional Director on 30 Sep 2015.
6 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Bansal Ship Breakers Pvt Ltd
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Bansal Ship Breakers Pvt Ltd
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Bansal Ship Breakers Pvt Ltd
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Bansal Ship Breakers Pvt Ltd
Bansal Ship Breakers has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACB8758P1Z3 | Gujarat | Active | 01 Jul 2017 |
| 24AAACB8758P1DC | Gujarat | Active | 25 Oct 2024 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Bansal Ship Breakers Pvt Ltd
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Bansal Ship Breakers Pvt Ltd
Bansal Ship Breakers is an active private limited company based in Bhavnagar, Gujarat, India. The company works in shipbroking and shipping agency services, within the transport and logistics industry. It was incorporated on 24 October 1991 (35+ years old) and is registered under CIN U35117GJ1991PTC016487.
Bansal Ship Breakers reported revenue of ₹148.47 Cr for FY 2025 (up 14% YoY).
Bansal Ship Breakers has 2 current directors:
- Bharat Kapoorchand Bansal - Director
- Rubalbhai Kapoorchand Bansal - Director
Bansal Ship Breakers reported a net profit of ₹2.75 Cr (net margin 1.9%) and EBITDA of ₹6.68 Cr (EBITDA margin 4.5%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Bansal Ship Breakers is 10% over three years and 3% over five years. In the latest year (FY 2025) revenue rose 14%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Bansal Ship Breakers is 24AAACB8758P1Z3, registered in Gujarat. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 24AAACB8758P1DC (Gujarat).
The CIN (Corporate Identification Number) of Bansal Ship Breakers is U35117GJ1991PTC016487. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bansal Ship Breakers has 8 court cases on record: 1 filed by the company and 6 filed against it. Most are in the high courts.
Bansal Ship Breakers was incorporated on 24 October 1991, making it 35+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Bansal Ship Breakers has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹3.25 Cr; the latest was in April 2012.
The peers of Bansal Ship Breakers by revenue are Abs Marine Services Limited, Rudra Green Ship Recycling Private Limited, Sai Shipping Company Private Limited, Arya Tankers Private Limited, Ocean Network Express (India) Private Limited and 5 more, all in the Shipping industry (Ship Broking and Shipping Agency).