About Bargeworks Private Limited
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Bargeworks Private Limited is a private limited company based in Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It operates in the marine and naval engineering segment of the engineering sector. It was incorporated on 18 November 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U61100MH2019PTC333195. Its GSTIN is 27AAICB7544F1ZK (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹30 Lakh. It is led by directors including Arjun Sundar and Kanthi Kiran Kasukhela.
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 Shop No 40 Floor – Ground 17/19 Rex Chambers Walchand Hirachand Marg Ballard Estate, Mumbai, Maharashtra, India – 400001.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.16 Cr, a decline of 72% compared to the previous year. For the same year it recorded a net profit of ₹7.64 Lakh (net margin 6.6%) and EBITDA of ₹41.4 Lakh (EBITDA margin 35.8%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years.
The company is associated with 1 brand: Bargeworks. As per MCA filings, the company has open charges of ₹4.9 Cr on record.
For more details, the company can be reached via its website bargeworks.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressShop No 40 Floor – Ground 17/19 Rex Chambers Walchand Hirachand Marg Ballard Estate, Mumbai, Maharashtra, India – 400001
- IndustryEngineering, Marine & Naval Engineering
- 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 Bargeworks Private Limited
The main business activity of Bargeworks is support service to organizations. In detail, this covers other support services to organizations.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations | 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 Bargeworks Private Limited FY 2025 filings available
Bargeworks Private Limited reported revenue of ₹1.16 Cr (down 72% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Bargeworks Private Limited
Revenue fell 72% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 2%. EBITDA fell 60% 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 Bargeworks Private Limited
| 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 | ₹41.4 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹7.64 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 of Bargeworks Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 35.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 6.6% | •••• | •••• | •••• | •••• |
| 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 Bargeworks are in the company report.
Financial statements from FY 2020
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 Bargeworks Private Limited
Bargeworks Private Limited is compared with the companies closest to it by revenue in the Shipping industry (Shipbuilding and Repairs). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Unitech Marine Private Limited | ₹1.21 Cr (FY 2023) | •••• | •••• | 827.0% | •••• | Palghar, Maharashtra, India |
| Garware Marine Industries Limited Listed | ₹1.2 Cr (FY 2025) | •••• | •••• | 69.0% | •••• | Mumbai, Maharashtra, India |
| Alphatech Dredge and Offshore Services Private Limited | ₹1.2 Cr (FY 2022) | •••• | •••• | -30.0% | •••• | Ramamangalam P O, Kerala, India |
| Sivwart Engineering Private Limited | ₹1.16 Cr (FY 2024) | •••• | •••• | 433.0% | •••• | Navi Mumbai, Maharashtra, India |
| Gaur Hari Marine Services Private Limited | ₹1.16 Cr (FY 2025) | •••• | •••• | 18.0% | •••• | Mira Road, Maharashtra, India |
| Bargeworks Private Limited this company | ₹1.16 Cr (FY 2025) | •••• | •••• | -72.0% | •••• | Mumbai, Maharashtra, India |
| Skuare Marine Solutions Private Limited | ₹1.15 Cr (FY 2024) | •••• | •••• | 100.0% | •••• | Mumbai, Maharashtra, India |
| Zealtek Enterprises Private Limited | ₹1.15 Cr (FY 2025) | •••• | •••• | -28.0% | •••• | New Delhi, Delhi, India |
| P Rajesh Ship Breaking Pvt Ltd | ₹1.11 Cr (FY 2025) | •••• | •••• | -89.0% | •••• | Mumbai, Maharashtra, India |
| Southern Marine Services Private Limited. | ₹1.11 Cr (FY 2025) | •••• | •••• | 36.0% | •••• | Chennai, Tamil Nadu, India |
| Safe and Sure Marine Services Private Limited | ₹1.1 Cr (FY 2024) | •••• | •••• | 700.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Bargeworks by revenue in the Shipping industry (Shipbuilding and Repairs), 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 Bargeworks Private Limited
Bargeworks Private Limited is audited by M. R. SHARMA & CO. for the financial year 2024.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| M. R. SHARMA & 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 Bargeworks Private Limited
Bargeworks has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arjun Sundar | Director | 18 Nov 2019 | 6 Years 10 Months | Current |
| Kanthi Kiran Kasukhela | Director | 05 May 2025 | 1 Years 5 Months | Current |
| Raj Kiran Wuddi | Director | 25 Jan 2021 | 5 Years 8 Months | Current |
Ownership and Shareholding of Bargeworks Private Limited
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 Bargeworks Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 19 Dec 2023 | Others | ₹4.9 Cr | Open |
Total charge records: 1 View all charges
Associated Brands with Bargeworks Private Limited
Bargeworks operates one associated brand: Bargeworks. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| bargeworks.in |
Employees and EPFO Compliance at Bargeworks Private Limited
Employment history and EPFO contributions of people linked to Bargeworks.
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.
Recent Activity on Bargeworks Private Limited
Bargeworks Private Limited has 6 board changes on record since 2019: 3 appointments and 3 cessations. The latest: Kanthi Kiran Kasukhela ceased to be Additional Director on 29 Sep 2025.
Credit Ratings, Litigation & Regulatory Alerts for Bargeworks Private Limited
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 Bargeworks Private Limited
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 Bargeworks Private Limited
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 Bargeworks Private Limited
Bargeworks has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAICB7544F1ZK | Maharashtra | Active | 11 Dec 2019 |
| 37AAICB7544F1ZJ | Andhra Pradesh | Active | 13 Aug 2020 |
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 Bargeworks Private Limited
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 Bargeworks Private Limited
Bargeworks is an active private limited company based in Mumbai, Maharashtra, India. The company works in marine and naval engineering, within the engineering industry. It was incorporated on 18 November 2019 (7+ years old) and is registered under CIN U61100MH2019PTC333195.
Bargeworks reported revenue of ₹1.16 Cr for FY 2025 (down 72% YoY).
Bargeworks has 3 current directors:
- Arjun Sundar - Director
- Kanthi Kiran Kasukhela - Director
- Raj Kiran Wuddi - Director
Bargeworks reported a net profit of ₹7.64 Lakh (net margin 6.6%) and EBITDA of ₹41.4 Lakh (EBITDA margin 35.8%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Bargeworks is 2% over three years. In the latest year (FY 2025) revenue fell 72%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Bargeworks is 27AAICB7544F1ZK, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 37AAICB7544F1ZJ (Andhra Pradesh).
The CIN (Corporate Identification Number) of Bargeworks is U61100MH2019PTC333195. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bargeworks was incorporated on 18 November 2019, making it 7+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Bargeworks by revenue are Unitech Marine Private Limited, Garware Marine Industries Limited, Alphatech Dredge and Offshore Services Private Limited, Sivwart Engineering Private Limited, Gaur Hari Marine Services Private Limited and 5 more, all in the Shipping industry (Shipbuilding and Repairs).
Kanthi Kiran Kasukhela ceased to be Additional Director on 29 Sep 2025. Kanthi Kiran Kasukhela was appointed as Director on 05 May 2025. Raj Kiran Wuddi ceased to be Additional Director on 30 Nov 2021. Bargeworks has 6 board changes on record in total.
Yes, Bargeworks is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).