About Chowgule Brothers Private Limited
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Chowgule Brothers Private Limited is a private limited company based in Vasco Da Gama, Goa, India. It operates in the shipping and maritime services segment of the transport and logistics sector. It was incorporated on 30 October 1984 and has been in existence for over 42 years.
The company is registered with the Registrar of Companies (ROC), Goa, under CIN U31200GA1984PTC000597. Its GSTIN is 30AABCC7536P1ZI (Goa). The company holds 11 GST registrations, of which 10 are active.
The company has an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹2.29 Cr. It was formerly known as Chowgule Bros Pvt. Ltd. It is led by directors including Chowgule Santosh Laxmanrao and Nathan Ramesh Chowgule.
Its last annual general meeting (AGM) was held on 27 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 503 5th Floor Gambar Appts, Vasco Da Gama, Goa, India – 403802.
As per the financials filed for FY 2026, the company reported a revenue of ₹17.49 Cr, a growth of 4% compared to the previous year. For the same year it recorded a net profit of ₹31.25 Lakh (net margin 1.8%) and EBITDA of ₹2.06 Cr (EBITDA margin 11.8%).
The company is associated with 1 brand: Chowgule. As per MCA filings, the company has open charges of ₹15 Cr and satisfied charges of ₹3.02 Cr on record. Court records list 34 cases involving the company, including 14 filed by the company and 20 filed against it; 6 cases are pending. The company has 2 deals on record (2 secondary share transfers); the latest was in November 2010. The company has 3 MSME Form 1 returns on record between 2023 and 2024, listing 35 overdue payments to 20 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website chowgulebrothers.com.
Company details
Contact details
Chowgule Brothers Private Limited's registered office is in Vasco Da Gama, Goa. Its website is chowgulebrothers.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address503 5th Floor Gambar Appts, Vasco Da Gama, Goa, India – 403802
- IndustryTransport and Logistics, Shipping & Maritime Services
To see the full contact details of Chowgule Brothers 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
Chowgule Brothers operates one associated brand: Chowgule. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Mining, shipbuilding, industrial salt supply, EPC services, and education in India. | chowgule.co.in |
Business activity
The main business activities of Chowgule Brothers are transportation and storage and financial and insurance service. In detail, this covers warehousing and support activities for transportation and financial advisory, brokerage and consultancy services. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transportation and storage | 52 | Warehousing and support activities for transportation | |
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services |
To see the full business activity and turnover split of Chowgule Brothers Private Limited, buy the company report.
Financials of Chowgule Brothers Private Limited
FY 2026 filings availableChowgule Brothers Private Limited reported revenue of ₹17.49 Cr (up 4% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR)
Revenue rose 4% in the latest year. EBITDA rose 169% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹17.49 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹2.06 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹31.25 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11.8% | ||||
| Net Profit Margin | 1.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Chowgule Brothers Private Limited, buy the company report.
Board of directors of Chowgule Brothers Private Limited
Chowgule Brothers 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 |
|---|---|---|---|---|
| Chowgule Santosh Laxmanrao Also directs: Keltech Energies Limited, Chowgule Abp Coatings (India) Private Limited, Kolhapur Oxygen and Acetylene Private Limited and 5 more | Director | 30 Oct 1984 | 42 Years 0 Months | Current |
| Nathan Ramesh Chowgule | Director | 24 Mar 2021 | 5 Years 7 Months | Current |
| Vijay Vishwasrao Chowgule Also directs: Keltech Energies Limited, Chowgule Steamships Limited, Goa Cold Storage Private Limited and 5 more | Director | 24 Mar 2021 | 5 Years 7 Months | Current |
Auditor
Chowgule Brothers Private Limited is audited by K M Bandekar and Co. for the financial year 2026.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K M Bandekar and Co. | FY 2026 | 100962W |
Shareholding
The shareholding of Chowgule Brothers Private Limited is on record for 5 financial years, the latest being FY 2026, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Chowgule Brothers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Mar 2025 | 101067812 | Others | ₹15 Cr | Open | |
| 25 Nov 2013 | 10472465 | State Bank of India | ₹2.4 Cr | Satisfied | |
| 20 Jun 2007 | 10058918 | State Bank of India | ₹61.73 Lakh | Satisfied |
To see the full charge records of Chowgule Brothers Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Chowgule Brothers Private Limited has 2 deals on record (2 secondary share transfers); the latest was in November 2010.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2010 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: an individual |
| Mar 2006 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Chowgule Brothers Private Limited has 34 court cases on record: 14 filed by Chowgule Brothers, 20 filed against it. 6 cases are pending and 28 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 18 | 15 | 2 |
| High courts | 16 | 5 | 4 |
Cases on record (5 of 34)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, North Twenty Four Parganas, West Bengal | Civil suit | Filed against the company by Agarpara Jute Mills Ltd,Jitendra Nath Choubey | Pending |
| High Court, GUJARAT | Special civil application | Filed against the company by Ramya Builders Private Limited and 1 other | Disposed |
| District court, Jamnagar, Gujarat | Court case (CMA DC) | Filed against the company by Ramya Builders Private Limited and 1 other | Disposed |
| District court, DAKSHINA KANNADA, Karnataka | Court case (R.A.) | Filed against the company | Pending |
| High Court | Court case (WP227) | Filed against the company by Million Link (China) Investment Ltd. | Pending |
To see the full case history of Chowgule Brothers 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
Chowgule Brothers Private Limited has 3 MSME Form 1 returns on record between 2023 and 2024, listing 35 overdue payments to 20 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 20)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| MCP Industrial Park | |||
| an individual supplier |
To see the full MSME payment records of Chowgule Brothers Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Chowgule Brothers has 11 GST registrations: 10 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 30AABCC7536P1ZI | Goa | Active | 01 Jul 2017 |
| 19AABCC7536P1Z2 | West Bengal | Active | 01 Jul 2017 |
| 21AABCC7536P1ZH | Odisha | Active | 01 Jul 2017 |
| 24AABCC7536P1ZB | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Chowgule Brothers Private Limited, buy the company report.
Recent activity
Chowgule Brothers Private Limited has 9 board changes on record since 1984: 3 appointments and 6 cessations. The latest: Nathan Ramesh Chowgule ceased to be Additional Director on 29 Dec 2021.
7 earlier events are in the company report.
Frequently asked questions
Chowgule Brothers is an active private limited company based in Vasco Da Gama, Goa, India. The company works in shipping and maritime services, within the transport and logistics industry. It was incorporated on 30 October 1984 (42+ years old) and is registered under CIN U31200GA1984PTC000597.
Chowgule Brothers has 3 current directors:
- Chowgule Santosh Laxmanrao - Director
- Nathan Ramesh Chowgule - Director
- Vijay Vishwasrao Chowgule - Director
The latest financial statements of Chowgule Brothers on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 27 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Chowgule Brothers is 30AABCC7536P1ZI, registered in Goa. The company has 11 GST registrations in all, of which 10 are active and 1 is cancelled or inactive. Other active GSTINs include 19AABCC7536P1Z2 (West Bengal), 21AABCC7536P1ZH (Odisha), 24AABCC7536P1ZB (Gujarat).
The CIN (Corporate Identification Number) of Chowgule Brothers is U31200GA1984PTC000597. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Chowgule Brothers has 34 court cases on record: 14 filed by the company and 20 filed against it. 6 are pending. Most are in the district courts.
Chowgule Brothers was incorporated on 30 October 1984, making it 42+ years old. It is registered with the Registrar of Companies, Goa.
Chowgule Brothers has 2 deals on record (2 secondary share transfers); the latest was in November 2010.
Nathan Ramesh Chowgule ceased to be Additional Director on 29 Dec 2021. Vijay Vishwasrao Chowgule ceased to be Additional Director on 29 Dec 2021. Nathan Ramesh Chowgule was appointed as Director on 24 Mar 2021. Chowgule Brothers has 9 board changes on record in total.
Chowgule Brothers has 3 MSME Form 1 returns on record between 2023 and 2024, listing 35 overdue payments to 20 micro and small suppliers. The latest return was filed on 02 May 2024.
Chowgule Brothers can be reached through the website chowgulebrothers.com. Its registered office is in Vasco Da Gama, Goa, India.
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