- Category
- Micro (2024-25)
- Udyam number
- UDYAM-TN-02-0173892

About Comsail Shipping Private Limited
Data last updated:
Comsail Shipping Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the integrated logistics and supply chain solutions segment of the transport and logistics sector. It was incorporated on 25 May 2022.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U63030TN2022PTC152541. Its GSTIN is 33AAKCC3408R1ZC (Tamil Nadu). The company holds 5 GST registrations, all of them active.
The company has an authorised share capital of ₹40 Lakh and a paid-up capital of ₹34 Lakh. It is led by directors Balakrishnan Joseph Iruthayaraj and Josephine Joseph.
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 Chennai, Tamil Nadu.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.12 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹6.25 Lakh (net margin 1.5%) and EBITDA of ₹24.7 Lakh (EBITDA margin 6%).
The company has about 16 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Comsail. As per MCA filings, the company has open charges of ₹1.45 Cr on record. Court records list 4 cases involving the company, including 4 filed against it; 1 case is pending.
Comsail Shipping Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0173892). For more details, the company can be reached via its website comsail.in.
Company details
Recognitions & Rankings of Comsail Shipping
Contact details
Comsail Shipping Private Limited's registered office is in Chennai, Tamil Nadu. Its website is comsail.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressApeejay Business Centre, 3rd Floor No C 303 C 304 Haddows Road, Chennai, Tamil Nadu, India – 600006
- IndustryTransport and Logistics, Integrated & Diversified Logistics Services
To see the full contact details of Comsail Shipping 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
Comsail Shipping operates one associated brand: Comsail. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| A global company specializing in shipping and logistics services. | comsail.in |
Business activity
The main business activity of Comsail Shipping 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 Comsail Shipping Private Limited, buy the company report.
Financials of Comsail Shipping Private Limited
FY 2024 filings availableComsail Shipping Private Limited reported revenue of ₹4.12 Cr (up 221% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 221% in the latest year. EBITDA rose 339% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 |
|---|---|---|
| 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 | ₹24.7 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹6.25 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 2023-24 | FY 2022-23 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 6% | |
| Net Profit Margin | 1.5% | |
| 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 | ||
To see the full financial statements and ratios of Comsail Shipping Private Limited, buy the company report.
Board of directors of Comsail Shipping Private Limited
Comsail Shipping has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Balakrishnan Joseph Iruthayaraj | Director | 25 May 2022 | 4 Years 5 Months | Current |
| Josephine Joseph | Director | 25 May 2022 | 4 Years 5 Months | Current |
Peer comparison
Comsail Shipping Private Limited is compared with the 5 companies closest to it by revenue in the Transport and Logistics industry (Diversified Logistics), with the same principal business activity (services incidental to land, water & air transportation), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Altitude Global Logistic Private Limited | ₹4.13 Cr (FY 2025) | 312.0% | Ghaziabad, Uttar Pradesh, India | |||
| Sree Logistic Services Private Limited | ₹4.12 Cr (FY 2024) | -63.0% | Hyderabad, Telangana, India | |||
| Hope Cargo Care Private Limited | ₹4.12 Cr (FY 2024) | -60.0% | Tuticorin, Tamil Nadu, India | |||
| Comsail Shipping Private Limitedthis company | ₹4.12 Cr (FY 2024) | ₹6.25 Lakh | 1.5% | 221.0% | Chennai, Tamil Nadu, India | |
| Tera Projects & Shipping Private Limited | ₹4.12 Cr (FY 2024) | -58.0% | Chennai, Tamil Nadu, India | |||
| First Run Logistics Private Limited | ₹4.11 Cr (FY 2021) | 57.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Comsail Shipping Private Limited, buy the company report.
Auditor
Comsail Shipping Private Limited is audited by GANESH VENKAT & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GANESH VENKAT & CO | FY 2023 | 005293S |
Shareholding
The shareholding of Comsail Shipping Private Limited is on record for FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Comsail Shipping Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Feb 2024 | 100872713 | State Bank of India | ₹1.45 Cr | Open |
To see the full charge records of Comsail Shipping Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Comsail Shipping Private Limited has 4 court cases on record: 4 filed against it. 1 case is pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 4 | 1 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Ugro Capital Limited | Pending |
| District court, South East, Delhi | Civil suit | Filed against the company by Leostar Logistics Pvt Ltd | Disposed |
| District court, North West, Delhi | Court case (OMP (I) (COMM.)) | Filed against the company by BMW Ind Financial Services Pvt Ltd | Disposed |
| District court, Jaipur Metro I, Rajasthan | Court case (Complaint) | Filed against the company by Neo Growth Credit PTV. Ltd | Disposed |
To see the full case history of Comsail Shipping 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 Comsail Shipping Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Comsail Shipping has 5 GST registrations: 5 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAKCC3408R1ZC | Tamil Nadu | Active | 28 Jul 2022 |
| 29AAKCC3408R1Z1 | Karnataka | Active | 29 Oct 2022 |
| 37AAKCC3408R1Z4 | Andhra Pradesh | Active | 05 Jul 2023 |
| 24AAKCC3408R1ZB | Gujarat | Active | 21 Sep 2023 |
To see the full GST registrations and return filing status of Comsail Shipping Private Limited, buy the company report.
Recent activity
Comsail Shipping Private Limited has 2 board changes on record since 2022: 2 appointments. The latest: Balakrishnan Joseph Iruthayaraj was appointed as Director on 25 May 2022.
Frequently asked questions
Comsail Shipping is an active private limited company based in Chennai, Tamil Nadu, India. The company works in integrated and diversified logistics services, within the transport and logistics industry. It was incorporated on 25 May 2022 (4+ years old) and is registered under CIN U63030TN2022PTC152541.
Comsail Shipping has 2 current directors:
- Balakrishnan Joseph Iruthayaraj - Director
- Josephine Joseph - Director
The latest financial statements of Comsail Shipping 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 FY 2023 are in the company report.
The GSTIN of Comsail Shipping is 33AAKCC3408R1ZC, registered in Tamil Nadu. The company has 5 GST registrations in all, of which 5 are active. Other active GSTINs include 29AAKCC3408R1Z1 (Karnataka), 37AAKCC3408R1Z4 (Andhra Pradesh), 24AAKCC3408R1ZB (Gujarat).
The CIN (Corporate Identification Number) of Comsail Shipping is U63030TN2022PTC152541. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Comsail Shipping has 4 court cases on record: 4 filed against it. 1 is pending.
Comsail Shipping was incorporated on 25 May 2022, making it 4+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Comsail Shipping by revenue are Altitude Global Logistic Private Limited, Sree Logistic Services Private Limited, Hope Cargo Care Private Limited, Tera Projects & Shipping Private Limited, First Run Logistics Private Limited, all in the Transport and Logistics industry (Diversified Logistics), with the same principal business activity (services incidental to land, water & air transportation).
Balakrishnan Joseph Iruthayaraj was appointed as Director on 25 May 2022. Josephine Joseph was appointed as Director on 25 May 2022.
Yes, Comsail Shipping is registered as a micro enterprise under Udyam registration (number: UDYAM-TN-02-0173892).
Comsail Shipping can be reached through the website comsail.in. Its registered office is in Chennai, Tamil Nadu, India.

