About Blue-Water Ship Management Private Limited
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Blue-Water Ship Management Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the cargo services segment of the transport and logistics sector. It was incorporated on 08 November 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U35112MH2007PTC175811. Its GSTIN is 27AADCB2775M2ZA (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Mahesh Himatlal Damani and Atul Dhirubhai Damani.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2022, the company reported a revenue of ₹11.44 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹9.94 Cr (net margin 86.8%) and EBITDA of ₹12.28 Cr (EBITDA margin 107.3%). Revenue has grown at a compounded annual rate (CAGR) of 191% over five years.
Court records list 6 cases involving the company, including 2 filed by the company and 4 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website damanishipping.com.
Company details
Contact details
Blue-Water Ship Management Private Limited's registered office is in Mumbai, Maharashtra. Its website is damanishipping.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address315 – 318 3rd Floor Varma Chambers 11 Homji Street Near Horniman Circle, Fort, Mumbai, Maharashtra, India – 400001
- IndustryTransport and Logistics, Cargo Services
To see the full contact details of Blue-Water Ship Management Private 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 Blue-Water Ship Management Private Limited
FY 2022 filings availableBlue-Water Ship Management Private Limited reported revenue of ₹11.44 Cr (up 172% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 191% over five years, including 172% growth in the latest year. EBITDA rose 124% 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
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹11.44 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹12.28 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹9.94 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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| Total Assets | |||||
Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 107.3% | ||||
| Net Profit Margin | 86.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
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| Revenue Growth | |||||
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To see the full financial statements and ratios of Blue-Water Ship Management Private Limited, buy the company report.
Board of directors of Blue-Water Ship Management Private Limited
Blue-Water Ship Management has 5 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mahesh Himatlal Damani Also directs: Earth Minerals & Metals LLP, Realm Properties Private Limited, Mitsutor Shipping Agency Pvt.Ltd. and 2 more | Director | 08 Nov 2007 | 18 Years 11 Months | Current |
| Atul Dhirubhai Damani Also directs: Earth Minerals & Metals LLP, Realm Properties Private Limited, Mitsutor Shipping Agency Pvt.Ltd. and 3 more | Director | 08 Nov 2007 | 18 Years 11 Months | Current |
| Ashwin Chhotalal Damani Also directs: Earth Minerals & Metals LLP, Realm Properties Private Limited, Mitsutor Shipping Agency Pvt.Ltd. and 3 more | Director | 08 Nov 2007 | 18 Years 11 Months | Current |
| Kartik Ashwin Damani Also directs: Earth Minerals & Metals LLP, Realm Properties Private Limited, Mitsutor Shipping Agency Pvt.Ltd. and 2 more | Director | 19 Apr 2012 | 14 Years 6 Months | Current |
| Mitul Minesh Damani Also directs: Realm Properties Private Limited, Mitsutor Shipping Agency Pvt.Ltd., Damani Shipping Pvt Ltd and 2 more | Director | 12 Oct 2024 | 2 Years 0 Months | Current |
Peer comparison
Blue-Water Ship Management Private Limited is compared with the 10 companies closest to it by revenue in the Transport and Logistics industry (Bulk Cargo and Container), with the same principal business activity (services incidental to land, water & air transportation), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Delhi Cargo Service Center Private Limited | ₹541.12 Cr (FY 2025) | 13.0% | New Delhi, Delhi, India | |||
| Seabird Marine Services Private Limited | ₹482.06 Cr (FY 2025) | 6.0% | Kalavad, Gujarat, India | |||
| Chennai International Terminals Private Limited | ₹421.92 Cr (FY 2025) | 18.0% | Chennai, Tamil Nadu, India | |||
| Winwin Lines Limited | ₹414.11 Cr (FY 2025) | 305.0% | Ahmedabad, Gujarat, India | |||
| Ace Forwarders Private Limited | ₹389.55 Cr (FY 2023) | -13.0% | Navi Mumbai, Maharashtra, India | |||
| Seaport Logistics Private Limited | ₹367.51 Cr (FY 2025) | 85.0% | Chennai, Tamil Nadu, India | |||
| South West Port Limited | ₹361.73 Cr (FY 2025) | -5.0% | Goa, India | |||
| M. Pallonji Logistics Private Limited | ₹358 Cr (FY 2025) | 15.0% | Mumbai, Maharashtra, India | |||
| Worlds Window Infrastructure and Logistics Pvt Ltd | ₹342.91 Cr (FY 2019) | -2.0% | Delhi, India | |||
| Saurashtra Freight Private Limited | ₹338.53 Cr (FY 2025) | 5.0% | Mumbai, Maharashtra, India | |||
| Blue-Water Ship Management Private Limitedthis company | ₹11.44 Cr (FY 2022) | ₹9.94 Cr | 86.8% | 172.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Blue-Water Ship Management Private Limited, buy the company report.
Auditor
Blue-Water Ship Management Private Limited is audited by H.P.Bhalekar & Associates for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| H.P.Bhalekar & Associates | FY 2022 | 101134W |
Shareholding
The shareholding of Blue-Water Ship Management Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Blue-Water Ship Management Private Limited, buy the company report.
Legal cases
Blue-Water Ship Management Private Limited has 6 court cases on record: 2 filed by Blue-Water Ship Management, 4 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 3 | 0 |
| High courts | 2 | 1 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (LPETN) | Filed by the company against Kyori Oremin Ltd. | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Ss cases s) | Filed by the company against Kyori Oremin Ltd and 1 other | Disposed |
| High Court, MAHARASHTRA | Court case (REVN) | Filed against the company by an individual | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (CRI M A) | Filed against the company by an individual | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (CRI BAIL APPLN) | Filed against the company by an individual | Disposed |
To see the full case history of Blue-Water Ship Management Private Limited, buy the company report.
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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Blue-Water Ship Management Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Blue-Water Ship Management has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCB2775M2ZA | Maharashtra | Active | 03 Dec 2023 |
To see the full GST registrations and return filing status of Blue-Water Ship Management Private Limited, buy the company report.
Recent activity
Blue-Water Ship Management Private Limited has 7 board changes on record since 2007: 5 appointments and 2 cessations. The latest: Mitul Minesh Damani was appointed as Director on 12 Oct 2024.
Frequently asked questions
Blue-Water Ship Management is an active private limited company based in Mumbai, Maharashtra, India. The company works in cargo services, within the transport and logistics industry. It was incorporated on 08 November 2007 (19+ years old) and is registered under CIN U35112MH2007PTC175811.
Blue-Water Ship Management has 5 current directors:
- Mahesh Himatlal Damani - Director
- Atul Dhirubhai Damani - Director
- Ashwin Chhotalal Damani - Director
- Kartik Ashwin Damani - Director
- Mitul Minesh Damani - Director
The latest financial statements of Blue-Water Ship Management on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of Blue-Water Ship Management is 27AADCB2775M2ZA, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Blue-Water Ship Management is U35112MH2007PTC175811. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Blue-Water Ship Management has 6 court cases on record: 2 filed by the company and 4 filed against it. Most are in the district courts.
Blue-Water Ship Management was incorporated on 08 November 2007, making it 19+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Blue-Water Ship Management by revenue are Delhi Cargo Service Center Private Limited, Seabird Marine Services Private Limited, Chennai International Terminals Private Limited, Winwin Lines Limited, Ace Forwarders Private Limited and 5 more, all in the Transport and Logistics industry (Bulk Cargo and Container), with the same principal business activity (services incidental to land, water & air transportation).
Mitul Minesh Damani was appointed as Director on 12 Oct 2024. Minesh Himatlal Damani ceased to be Director on 10 Sep 2024. Kartik Ashwin Damani ceased to be Additional Director on 20 Aug 2012. Blue-Water Ship Management has 7 board changes on record in total.
Blue-Water Ship Management can be reached through the website damanishipping.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Blue-Water Ship Management is at 315 – 318 3rd Floor Varma Chambers 11 Homji Street Near Horniman Circle, Fort, Mumbai, Maharashtra, India – 400001.