- Category
- Micro (2023-24)
- Udyam number
- UDYAM-GA-02-0000962

Composite Materials Industries Private Limited
About Composite Materials Industries Private Limited
Data last updated:
Composite Materials Industries Private Limited is a private limited company based in Vasco, Goa, India. It operates in the shipbuilding and repair services segment of the transport and logistics sector. It was incorporated on 04 October 1978 and has been in existence for over 48 years.
The company is registered with the Registrar of Companies (ROC), Goa, under CIN U26102GA1978PTC000356. Its GSTIN is 30AAACC7454K1ZS (Goa).
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Suraj Jairam Dialani and Haresh Mohanlal Chawla.
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.9 Sapana Terrace, Vasco, Goa, India – 403802.
As per the financials filed for FY 2024, the company reported a revenue of ₹65.02 Lakh, a decline of 55% compared to the previous year. For the same year it recorded a net profit of ₹31,819 (net margin 0.5%) and EBITDA of ₹2.47 Lakh (EBITDA margin 3.8%). Revenue has declined at a compounded annual rate (CAGR) of 43% over three years.
The company has about 15 employees on its provident fund (EPFO) records.
Court records list 5 cases involving the company, including 5 filed by the company.
Composite Materials Industries Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GA-02-0000962). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Composite Materials Industries
Contact details
Composite Materials Industries Private Limited's registered office is in Vasco, Goa. Its e-mail address is in the company report.
- Email
- Registered AddressShop No.9 Sapana Terrace, Vasco, Goa, India – 403802
- IndustryTransport and Logistics, Shipbuilding & Repair Services
To see the full contact details of Composite Materials Industries 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
Business activity
The main business activity of Composite Materials Industries is manufacturing. In detail, this covers repair & installation of machinery & equipment, motor vehicles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C12 | Repair & installation of machinery & equipment, motor vehicles |
To see the full business activity and turnover split of Composite Materials Industries Private Limited, buy the company report.
Financials of Composite Materials Industries Private Limited
FY 2025 filings availableComposite Materials Industries Private Limited reported revenue of ₹65.02 Lakh (down 55% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 43% over three years, including a 55% fall in the latest year. EBITDA fell 46% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹2.47 Lakh | ||||
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| Net Profit (PAT) | ₹31,819 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 3.8% | ||||
| Net Profit Margin | 0.5% | ||||
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To see the full financial statements and ratios of Composite Materials Industries Private Limited, buy the company report.
Board of directors of Composite Materials Industries Private Limited
Composite Materials Industries has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Suraj Jairam Dialani Also directs: Royal Atlantis Cruises LLP, Konkan Logistics and Expo LLP, Konkan Marine Services LLP and 5 more | Director | 02 Sep 2010 | 16 Years 1 Months | Current |
| Haresh Mohanlal Chawla | Director | 17 Jan 2022 | 4 Years 9 Months | Current |
Auditor
Composite Materials Industries Private Limited is audited by S N BORKAR & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S N BORKAR & CO | FY 2020 | 101572W |
Shareholding
The shareholding of Composite Materials Industries Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Composite Materials Industries Private Limited, buy the company report.
Legal cases
Composite Materials Industries Private Limited has 5 court cases on record: 5 filed by Composite Materials Industries. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 0 | 0 |
| District courts | 1 | 0 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South Goa, Goa | Court case (REXA) | Filed by the company against K. International Marine Services Pvt. Ltd.,Anr | Disposed |
| Bombay High Court | Writ petition | Filed by the company against Mormugao Port Trust, Through Its Board of Trustees and Anr., | Disposed |
| Bombay High Court | Criminal miscellaneous application | Filed by the company against an individual | Disposed |
| Bombay High Court | Court case (CRIA) | Filed by the company against an individual | Disposed |
| Bombay High Court | Criminal miscellaneous application | Filed by the company against an individual | Disposed |
To see the full case history of Composite Materials Industries 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 Composite Materials Industries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Composite Materials Industries Private Limited has a workforce of 15 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Composite Materials Industries has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 30AAACC7454K1ZS | Goa | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Composite Materials Industries Private Limited, buy the company report.
Recent activity
Composite Materials Industries Private Limited has 7 board changes on record since 2010: 2 appointments and 5 cessations. The latest: Haresh Mohanlal Chawla ceased to be Additional Director on 30 Sep 2022.
Frequently asked questions
Composite Materials Industries is an active private limited company based in Vasco, Goa, India. The company works in shipbuilding and repair services, within the transport and logistics industry. It was incorporated on 04 October 1978 (48+ years old) and is registered under CIN U26102GA1978PTC000356.
Composite Materials Industries has 2 current directors:
- Suraj Jairam Dialani - Director
- Haresh Mohanlal Chawla - Director
The latest financial statements of Composite Materials Industries on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Composite Materials Industries is 30AAACC7454K1ZS, registered in Goa.
The CIN (Corporate Identification Number) of Composite Materials Industries is U26102GA1978PTC000356. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Composite Materials Industries has 5 court cases on record: 5 filed by the company. Most are in the high courts.
Composite Materials Industries was incorporated on 04 October 1978, making it 48+ years old. It is registered with the Registrar of Companies, Goa.
Haresh Mohanlal Chawla ceased to be Additional Director on 30 Sep 2022. Haresh Mohanlal Chawla was appointed as Director on 17 Jan 2022. Jairam Issardas Dialani ceased to be Director on 18 Dec 2021. Composite Materials Industries has 7 board changes on record in total.
Yes, Composite Materials Industries is registered as a micro enterprise under Udyam registration (number: UDYAM-GA-02-0000962).
The registered office of Composite Materials Industries is at Shop No.9 Sapana Terrace, Vasco, Goa, India – 403802.