About Boxco Shipping Services Private Limited
Data last updated:
Boxco Shipping Services Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Boxco Logistics India Private Limited. It operates in the shipbroking and shipping agency services segment of the transport and logistics sector. It was incorporated on 16 August 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74120MH2011PTC220958. Its GSTIN is 27AAECB6557E1ZN (Maharashtra). The company holds 10 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Lakh. It is led by directors including Sushil Mulchandani and Siddhartha Roy.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Godrej Coliseum Office No. 801 8th Floor C Wing Off. Somaiya Road Sion, Mumbai, Maharashtra, India – 400022.
As per the financials filed for FY 2025, the company reported a revenue of ₹12.63 Cr, a growth of 19% compared to the previous year. For the same year it recorded a net profit of ₹83.11 Lakh (net margin 6.6%) and EBITDA of ₹4.09 Cr (EBITDA margin 32.3%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 4% over five years.
The company has about 38 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Boxco Shipping Services. As per MCA filings, the company has open charges of ₹12.41 Cr and satisfied charges of ₹14.8 Cr on record. Court records list 1 case involving the company, including 1 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 boxcoshipping.com.
Company details
Contact details
Boxco Shipping Services Private Limited's registered office is in Mumbai, Maharashtra. Its website is boxcoshipping.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressGodrej Coliseum Office No. 801 8th Floor C Wing Off. Somaiya Road Sion, Mumbai, Maharashtra, India – 400022
- IndustryTransport and Logistics, Shipbroking & Shipping Agency Services
To see the full contact details of Boxco Shipping Services 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
Brands
Boxco Shipping Services operates one associated brand: Boxco Shipping Services. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Shipping services are offered by Boxco for global cargo. | boxcoshipping.com |
Business activity
The main business activity of Boxco Shipping Services is transport and storage. In detail, this covers services incidental to land, water & air transportation.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transport and storage | H5 | Services incidental to land, water & air transportation |
To see the full business activity and turnover split of Boxco Shipping Services Private Limited, buy the company report.
Financials of Boxco Shipping Services Private Limited
FY 2025 filings availableBoxco Shipping Services Private Limited reported revenue of ₹12.63 Cr (up 19% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 4% over five years, including 19% growth in the latest year. EBITDA fell 12% 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 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 | ₹4.09 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹83.11 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 32.3% | ||||
| 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 | |||||
To see the full financial statements and ratios of Boxco Shipping Services Private Limited, buy the company report.
Board of directors of Boxco Shipping Services Private Limited
Boxco Shipping Services has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sushil Mulchandani Also directs: J M Baxi Greenship Private Limited | Director | 30 Sep 2020 | 6 Years 0 Months | Current |
| Siddhartha Roy | Director | 27 Feb 2015 | 11 Years 7 Months | Current |
| Yogesh Balkrishna Shah | Director | 31 Mar 2020 | 6 Years 6 Months | Current |
Auditor
Boxco Shipping Services Private Limited is audited by Kapadia Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Kapadia Associates | FY 2023 | 112711W |
Shareholding
The shareholding of Boxco Shipping Services Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Boxco Shipping Services Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Feb 2025 | 101056508 | Others | ₹11.49 Cr | Open | |
| 02 Jun 2023 | 100743485 | Hdfc Bank Limited | ₹91.65 Lakh | Open | |
| 05 Dec 2022 | 100646620 | Others | ₹14.8 Cr | Satisfied |
To see the full charge records of Boxco Shipping Services Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Boxco Shipping Services Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Fatehgarh Sahib, Punjab | Civil suit | Filed against the company by Pankaj India Pvt Ltd | Disposed |
To see the full case history of Boxco Shipping Services 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 Boxco Shipping Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Boxco Shipping Services Private Limited has a workforce of 38 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
Boxco Shipping Services has 10 GST registrations: 10 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECB6557E1ZN | Maharashtra | Active | 01 Jul 2017 |
| 27AAECB6557E2ZM | Maharashtra | Active | 17 Mar 2025 |
| 03AAECB6557E1ZX | Punjab | Active | 01 Jul 2017 |
| 08AAECB6557E1ZN | Rajasthan | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Boxco Shipping Services Private Limited, buy the company report.
Recent activity
Boxco Shipping Services Private Limited has 9 board changes on record since 2015: 3 appointments and 6 cessations. The latest: Sushil Mulchandani was appointed as Director on 30 Sep 2020.
4 earlier events are in the company report.
Frequently asked questions
Boxco Shipping Services is an active private limited company based in Mumbai, Maharashtra, India. The company works in shipbroking and shipping agency services, within the transport and logistics industry. It was incorporated on 16 August 2011 (15+ years old) and is registered under CIN U74120MH2011PTC220958.
Boxco Shipping Services has 3 current directors:
- Sushil Mulchandani - Director
- Siddhartha Roy - Director
- Yogesh Balkrishna Shah - Director
The latest financial statements of Boxco Shipping Services on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Boxco Shipping Services is 27AAECB6557E1ZN, registered in Maharashtra. The company has 10 GST registrations in all, of which 10 are active. Other active GSTINs include 27AAECB6557E2ZM (Maharashtra), 03AAECB6557E1ZX (Punjab), 08AAECB6557E1ZN (Rajasthan).
The CIN (Corporate Identification Number) of Boxco Shipping Services is U74120MH2011PTC220958. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Boxco Shipping Services has 1 court case on record: 1 filed against it.
Boxco Shipping Services was incorporated on 16 August 2011, making it 15+ years old. It is registered with the Registrar of Companies, Mumbai.
Sushil Mulchandani was appointed as Director on 30 Sep 2020. Yogesh Balkrishna Shah ceased to be Additional Director on 30 Sep 2020. Krishnamurthy Narayanan ceased to be Director on 31 Mar 2020. Boxco Shipping Services has 9 board changes on record in total.
Boxco Shipping Services can be reached through the website boxcoshipping.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Boxco Shipping Services is at Godrej Coliseum Office No. 801 8th Floor C Wing Off. Somaiya Road Sion, Mumbai, Maharashtra, India – 400022.