About Coastal Marine Construction and Engineering Limited
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Coastal Marine Construction and Engineering Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the marine and naval engineering segment of the engineering sector. It was incorporated on 22 February 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45205MH1995PLC085797. Its GSTIN is 27AAACC1585F1ZU (Maharashtra). The company holds 8 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹99.8 Lakh. It is led by directors including Sanjeev Rai (Managing Director) and Rajan Kumar Sood (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 402 Madhavabandra Kulrla Complex Bandra East, Mumbai, Maharashtra, India – 400051.
As per the financials filed for FY 2025, the company reported a revenue of ₹631.42 Cr, a growth of 20% compared to the previous year. For the same year it recorded a net profit of ₹205.47 Cr (net margin 32.5%) and EBITDA of ₹311 Cr (EBITDA margin 49.3%). Revenue has grown at a compounded annual rate (CAGR) of 27% over three years and 17% over five years.
The company is associated with 1 brand: Comacoe. As per MCA filings, the company has open charges of ₹1,511.69 Cr and satisfied charges of ₹320.62 Cr on record. Court records list 67 cases involving the company, including 34 filed by the company and 33 filed against it; 19 cases are pending. The company has 1 deal on record (1 secondary share transfer); the latest was in March 2016. The company has 9 MSME Form 1 returns on record between 2019 and 2023, listing 228 overdue payments to 75 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 comacoe.com.
Company details
CIN history
Coastal Marine Construction and Engineering has one previous CIN (Corporate Identification Number): L45205MH1995PLC085797. The current CIN is U45205MH1995PLC085797, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45205MH1995PLC085797 | Current |
| L45205MH1995PLC085797 | Previous |
Contact details
Coastal Marine Construction and Engineering Limited's registered office is in Mumbai, Maharashtra. Its website is comacoe.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address402 Madhavabandra Kulrla Complex Bandra East, Mumbai, Maharashtra, India – 400051
- IndustryEngineering, Marine & Naval Engineering
To see the full contact details of Coastal Marine Construction and Engineering 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
Coastal Marine Construction and Engineering operates one associated brand: COMACOE. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of oil & gas exploration and refining services | comacoe.com |
Business activity
The main business activities of Coastal Marine Construction and Engineering are professional, scientific and technical and construction. In detail, this covers architecture, engineering activities, technical testing and analysis activities and demolition & site preparation, electrical, plumbing & other specialized construction activities. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M4 | Architecture, engineering activities, technical testing and analysis activities | |
| F | Construction | F3 | Demolition & site preparation, Electrical, plumbing & other Specialized construction Activities |
To see the full business activity and turnover split of Coastal Marine Construction and Engineering Limited, buy the company report.
Financials of Coastal Marine Construction and Engineering Limited
FY 2024 filings availableCoastal Marine Construction and Engineering Limited reported revenue of ₹631.42 Cr (up 20% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 17% over five years, including 20% growth in the latest year. EBITDA rose 32% 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 |
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| EBITDA | ₹311 Cr | ||||
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| Net Profit (PAT) | ₹205.47 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 49.3% | ||||
| Net Profit Margin | 32.5% | ||||
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To see the full financial statements and ratios of Coastal Marine Construction and Engineering Limited, buy the company report.
Board of directors of Coastal Marine Construction and Engineering Limited
Coastal Marine Construction and Engineering has 4 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shilpa Ajay Bhatia | Director | 28 Mar 2025 | 1 Years 6 Months | Current |
| Rajan Kumar Sood Also directs: Comacoe Shipbuilders & Engineers Private Limited, Comacoe Trenchless Solutions Private Limited, Comacoe Private Limited and 1 more | Whole-Time Director | 02 Dec 2019 | 6 Years 10 Months | Current |
| Sanjeev Rai | Managing Director | 22 Feb 1995 | 31 Years 8 Months | Current |
| Sharayu Rashmikant Sawant Also directs: Shruti Flexipack Private Limited | Director | 01 Mar 2024 | 2 Years 7 Months | Current |
Auditor
Coastal Marine Construction and Engineering Limited is audited by NPV & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NPV & Associates | FY 2023 | 129408W |
Shareholding
The shareholding of Coastal Marine Construction and Engineering 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 Coastal Marine Construction and Engineering Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Jan 2024 | 100850151 | Yes Bank Limited | ₹58.59 Cr | Open | |
| 14 Sep 2023 | 100791091 | Yes Bank Limited | ₹80 Cr | Open | |
| 30 Jun 2023 | 100753348 | Others | ₹681 Cr | Open | |
| 26 Jul 2022 | 100608886 | Yes Bank Limited | ₹46.4 Cr | Open | |
| 09 Feb 2018 | 100165431 | Yes Bank Limited | ₹37 Cr | Open |
To see the full charge records of Coastal Marine Construction and Engineering Limited, buy the company report.
Total charge records: 15 View all charges
Deals & funding
Coastal Marine Construction and Engineering Limited has 1 deal on record (1 secondary share transfer); the latest was in March 2016.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2016 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Coastal Marine Construction and Engineering Limited has 67 court cases on record: 34 filed by Coastal Marine Construction and Engineering, 33 filed against it. 19 cases are pending and 48 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 49 | 17 | 17 |
| District courts | 13 | 12 | 2 |
| Supreme Court | 2 | 1 | 0 |
| NCLAT | 2 | 2 | 0 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 67)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Court case (OMP (ENF.) (COMM.)) | Filed by the company against Gypsum Structural India Private Limited | Pending |
| High Court, MAHARASHTRA | Interim or miscellaneous application | Filed against the company by Bharat Petroleum Corporation Limited | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Commercial matter | Filed against the company by Horizon Survey Company India Private Limited | Pending |
| High Court, MAHARASHTRA | Court case (CARBP) | Filed by the company against KSR Marine Services Pvt Ltd | Pending |
| Bombay High Court | Arbitration matter | Filed against the company by KSR Marine Services Pvt. Ltd. | Pending |
To see the full case history of Coastal Marine Construction and Engineering 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.
Credit ratings & regulatory alerts
Coastal Marine Construction and Engineering Limited was last rated by Icra on 20 May 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 20 May 2022 |
To see the full credit ratings and regulatory alerts of Coastal Marine Construction and Engineering Limited, buy the company report.
MSME payment delays
Coastal Marine Construction and Engineering Limited has 9 MSME Form 1 returns on record between 2019 and 2023, listing 228 overdue payments to 75 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 75)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| Vaibhav Airtech System | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Coastal Marine Construction and Engineering Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Coastal Marine Construction and Engineering has 8 GST registrations: 8 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACC1585F1ZU | Maharashtra | Active | 01 Jul 2017 |
| 21AAACC1585F1Z6 | Odisha | Active | 01 Jul 2017 |
| 24AAACC1585F1Z0 | Gujarat | Active | 01 Jul 2017 |
| 29AAACC1585F1ZQ | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Coastal Marine Construction and Engineering Limited, buy the company report.
Recent activity
Coastal Marine Construction and Engineering Limited has 13 board changes on record since 1995: 6 appointments and 7 cessations. The latest: Shilpa Ajay Bhatia was appointed as Director on 28 Mar 2025.
29 earlier events are in the company report.
Frequently asked questions
Coastal Marine Construction and Engineering is an active public limited company based in Mumbai, Maharashtra, India. The company works in marine and naval engineering, within the engineering industry. It was incorporated on 22 February 1995 (31+ years old) and is registered under CIN U45205MH1995PLC085797.
Coastal Marine Construction and Engineering has 4 current directors:
- Sanjeev Rai - Managing Director
- Rajan Kumar Sood - Whole-Time Director
- Shilpa Ajay Bhatia - Director
- Sharayu Rashmikant Sawant - Director
The latest financial statements of Coastal Marine Construction and Engineering on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Coastal Marine Construction and Engineering is 27AAACC1585F1ZU, registered in Maharashtra. The company has 8 GST registrations in all, of which 8 are active. Other active GSTINs include 21AAACC1585F1Z6 (Odisha), 24AAACC1585F1Z0 (Gujarat), 29AAACC1585F1ZQ (Karnataka).
The CIN (Corporate Identification Number) of Coastal Marine Construction and Engineering is U45205MH1995PLC085797. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Coastal Marine Construction and Engineering has 67 court cases on record: 34 filed by the company and 33 filed against it. 19 are pending. Most are in the high courts.
Coastal Marine Construction and Engineering was incorporated on 22 February 1995, making it 31+ years old. It is registered with the Registrar of Companies, Mumbai.
Coastal Marine Construction and Engineering has 1 deal on record (1 secondary share transfer); the latest was in March 2016.
Shilpa Ajay Bhatia was appointed as Director on 28 Mar 2025. Sharayu Rashmikant Sawant was appointed as Director on 01 Mar 2024. Rajan Kumar Sood was appointed as Whole-Time Director on 02 Dec 2019. Coastal Marine Construction and Engineering has 13 board changes on record in total.
Coastal Marine Construction and Engineering has 9 MSME Form 1 returns on record between 2019 and 2023, listing 228 overdue payments to 75 micro and small suppliers. The latest return was filed on 09 Nov 2023.
Coastal Marine Construction and Engineering can be reached through the website comacoe.com. Its registered office is in Mumbai, Maharashtra, India.