MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2023-24)
- Udyam number
- UDYAM-GA-02-0000962
Composite Materials Industries Private Limited
Composite Materials Industries Private Limited - transport and logistics in Vasco, Goa, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹65.02 Lakh
▼ 55% YoY
Net profit · FY 2024
₹31,819
Net margin 0.5%
EBITDA · FY 2024
₹2.47 Lakh
EBITDA margin 3.8%
Authorised capital
₹2 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
48 yrs
Est. 1978
Employees · EPFO
15
Provident fund records
Directors on board
2
As per MCA filings
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 of Composite Materials Industries Private Limited
CIN U26102GA1978PTC000356
Registration Number 000356
Incorporation Date 04 October 1978
ROC Goa
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-GA-02-0000962
Recognitions & Rankings of Composite Materials Industries
Contact Details
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressShop No.9 Sapana Terrace, Vasco, Goa, India – 403802
- IndustryTransport and Logistics, Shipbuilding & Repair Services
Comprehensive company report
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Business Activity of Composite Materials Industries Private Limited
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 | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C12 | Repair & installation of machinery & equipment, motor vehicles | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
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Financials of Composite Materials Industries Private Limited FY 2025 filings available
Composite Materials Industries Private Limited reported revenue of ₹65.02 Lakh (down 55% YoY) for FY 2024.
Revenue · FY 2024
₹65.02 Lakh ▼ 55%
Net profit · FY 2024
₹31,819 margin 0.5%
EBITDA · FY 2024
₹2.47 Lakh margin 3.8%
Compounded Annual Growth Rate (CAGR) of Composite Materials Industries Private Limited
Revenue CAGR growth
1 year
▼ 55%
3 years · compounded
▼ 43%
EBITDA CAGR growth
1 year
▼ 46%
3 years · compounded
▼ 47%
5 years · compounded
▼ 21%
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 of Composite Materials Industries Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹2.47 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹31,819 | •••• | •••• | •••• | •••• |
| 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 of Composite Materials Industries Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.5% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Composite Materials Industries are in the company report.
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Financial statements from 2015
Earlier years and trend charts are in the company report.
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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.
Current Directors
| 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 |
Peer Comparison of Composite Materials Industries Private Limited
Composite Materials Industries Private Limited is compared with the companies closest to it by revenue in the Shipping industry (Shipbuilding and Repairs). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Siyana Industrial Services Private Limited | ₹69.23 Lakh (FY 2019) | •••• | •••• | 201.0% | •••• | Kollam, Kerala, India |
| Sun Rise Marine Private Limited | ₹68.86 Lakh (FY 2024) | •••• | •••• | -68.0% | •••• | Bhavanipuram, Andhra Pradesh, India |
| TPS Engineering Solutions Private Limited | ₹68.35 Lakh (FY 2024) | •••• | •••• | 52.0% | •••• | Howrah, West Bengal, India |
| Sum8 Maritime Private Limited | ₹65.74 Lakh (FY 2025) | •••• | •••• | 33.0% | •••• | Kollam, Kerala, India |
| Samudra Alloys Private Limited | ₹65.49 Lakh (FY 2025) | •••• | •••• | -95.0% | •••• | Mumbai, Maharashtra, India |
| Composite Materials Industries Private Limited this company | ₹65.02 Lakh (FY 2024) | •••• | •••• | -55.0% | •••• | Vasco, Goa, India |
| Yak Shipping Services Private Limited | ₹64.77 Lakh (FY 2024) | •••• | •••• | 219.0% | •••• | Navi Mumbai, Maharashtra, India |
| Hooghly Marine Engineering & Transport Services Pvt Ltd | ₹64 Lakh (FY 2025) | •••• | •••• | -7.0% | •••• | Kolkata, West Bengal, India |
| Shakun Gases Pvt Ltd | ₹62.9 Lakh (FY 2024) | •••• | •••• | 203.0% | •••• | Mumbai, Maharashtra, India |
| Oceanvic Marine Electro Tech Private Limited | ₹62.34 Lakh (FY 2025) | •••• | •••• | -75.0% | •••• | Cuddalore, Tamil Nadu, India |
| Destan Ship Management Private Limited | ₹61.6 Lakh (FY 2025) | •••• | •••• | 120.0% | •••• | Patna, Bihar, India |
Peers are the five companies nearest above and the five nearest below Composite Materials Industries by revenue in the Shipping industry (Shipbuilding and Repairs), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Composite Materials Industries Private Limited
Composite Materials Industries Private Limited is audited by S N BORKAR & CO for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S N BORKAR & CO | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Composite Materials Industries Private Limited
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Shareholding and ownership data
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Charges & Borrowings of Composite Materials Industries Private Limited
Composite Materials Industries Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Composite Materials Industries Private Limited
Composite Materials Industries Private Limited has 5 court cases on record: 5 filed by Composite Materials Industries. All cases are disposed. Status as checked between 29 Sep 2026 and 04 Oct 2026.
Total cases
5
Filed by the company
5
Disposed
5
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 Private Limited | Disposed |
| Bombay High Court | Writ petition | Filed by the company against Mormugao Port Trust | Disposed |
| Bombay High Court | Criminal miscellaneous application | Filed by the company against an individual | 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 |
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Full case history
All 5 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
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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.
Employees and EPFO Compliance at Composite Materials Industries Private Limited
Composite Materials Industries Private Limited has a workforce of 15 employees as of Apr 07, 2024.
Employee count
15
Active EPFO establishments
1
Employee growth
-40%
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Composite Materials Industries Private Limited
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.
AGM
Composite Materials Industries Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Composite Materials Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Goa.
Ceased
Haresh Mohanlal Chawla ceased to be Additional Director.
Appointed
Haresh Mohanlal Chawla was appointed as Director.
Ceased
Jairam Issardas Dialani ceased to be Director.
Ceased
Suraj Jairam Dialani ceased to be Additional Director.
Ceased
Mrinalini Suhas Samant ceased to be Director.
Ceased
Suhas Vamanrao Samant ceased to be Director.
Appointed
Suraj Jairam Dialani was appointed as Director.
Incorporation
04 Oct 1978
Composite Materials Industries Private Limited was registered on 04 Oct 1978 with Roc Goa & aged 48 years 16 days as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Composite Materials Industries Private Limited
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MSME Payment Delays by Composite Materials Industries Private Limited
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Subsidiaries & Group Companies of Composite Materials Industries Private Limited
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Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
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GST Compliance of Composite Materials Industries Private Limited
Composite Materials Industries has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 30AAACC7454K1ZS | Goa | Active | 01 Jul 2017 |
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GST registrations and filing compliance
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MCA Filings & Documents of Composite Materials Industries Private Limited
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Frequently Asked Questions about Composite Materials Industries Private Limited
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 reported revenue of ₹65.02 Lakh for FY 2024 (down 55% YoY).
Composite Materials Industries has 2 current directors:
- Suraj Jairam Dialani - Director
- Haresh Mohanlal Chawla - Director
Composite Materials Industries reported a net profit of ₹31,819 (net margin 0.5%) and EBITDA of ₹2.47 Lakh (EBITDA margin 3.8%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Composite Materials Industries is -43% over three years. In the latest year (FY 2024) revenue fell 55%. CAGR is the steady yearly rate that links the first and the last year.
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.
The peers of Composite Materials Industries by revenue are Siyana Industrial Services Private Limited, Sun Rise Marine Private Limited, TPS Engineering Solutions Private Limited, Sum8 Maritime Private Limited, Samudra Alloys Private Limited and 5 more, all in the Shipping industry (Shipbuilding and Repairs).
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.