Cortalim Shipyard and Engineers Private Limited.
About Cortalim Shipyard and Engineers Private Limited.
Data last updated:
Cortalim Shipyard and Engineers Private Limited. is a private limited company based in Panaji, Goa, India. It operates in the land transporation segment of the transportation sector. It was incorporated on 03 May 1972 and has been in existence for over 54 years.
The company is registered with the Registrar of Companies (ROC), Goa, under CIN U63031GA1972PTC000141.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Shivappa Dyamappa Chawan and Jayant Krishanath Gaunker.
Its last annual general meeting (AGM) was held on 25 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Salgaocar Bhavan Plot Number 15 Altinho, Panaji, Goa, India – 403001.
As per the financials filed for FY 2025, the company reported a revenue of ₹14,783, a growth of 5% compared to the previous year. For the same year it recorded a net loss of ₹2.26 Lakh and EBITDA of -₹2.26 Lakh. Revenue has grown at a compounded annual rate (CAGR) of 53% over three years.
Court records list 5 cases involving the company, including 1 filed by the company and 4 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Cortalim Shipyard and Engineers Private Limited.'s registered office is in Panaji, Goa. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressSalgaocar Bhavan Plot Number 15 Altinho, Panaji, Goa, India – 403001
- IndustryTransportation, Land Transporation, Transportation Services
To see the full contact details of Cortalim Shipyard and Engineers 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
Financials of Cortalim Shipyard and Engineers Private Limited.
FY 2025 filings availableCortalim Shipyard and Engineers Private Limited. reported revenue of ₹14,783 (up 5% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 53% over three years, including 5% growth in the latest year. EBITDA rose 3% 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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| Total Expenses | |||||
| EBITDA | -₹2.26 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹2.26 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Cortalim Shipyard and Engineers Private Limited., buy the company report.
Board of directors of Cortalim Shipyard and Engineers Private Limited.
Cortalim Shipyard and Engineers Private Limited has 2 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shivappa Dyamappa Chawan | Director | 07 Jul 2023 | 3 Years 4 Months | Current |
| Jayant Krishanath Gaunker Also directs: Everest Mining & Export LLP, Babuso Agro Marine Company Private Limited, Balaji Mines and Minerals Private Limited and 5 more | Director | 24 Apr 2019 | 7 Years 6 Months | Current |
Auditor
Cortalim Shipyard and Engineers Private Limited. is audited by M/S KAREN FURTADO & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M/S KAREN FURTADO & ASSOCIATES | FY 2017 | 132647W |
Shareholding
The shareholding of Cortalim Shipyard and Engineers Private Limited. is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Cortalim Shipyard and Engineers Private Limited., buy the company report.
Legal cases
Cortalim Shipyard and Engineers Private Limited. has 5 court cases on record: 1 filed by Cortalim Shipyard and Engineers Private Limited, 4 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 4 | 0 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (1503-Appeal Against Orders Of Statutory Bodies : Tribunals) | Filed by the company against 2 M/S Ferromar Shipping Pvt. Ltd. Ship Building and Repairing C/O Agarwal Shipyard, Chovoth, Cortalim , , Goa and 15 others | Disposed |
| Bombay High Court | Court case (CAREV) | Filed against the company by The Commissioner of Income Tax, Panaji Goa. | Disposed |
| Bombay High Court | Court case (TXA) | Filed against the company by The Commissioner of Income Tax, Panaji Goa. | Disposed |
| Bombay High Court | Criminal miscellaneous application | Filed against the company by Employees State Insurance Corporation | Disposed |
| Bombay High Court | Court case (CRIA) | Filed against the company by Employees State Insurance Corporation | Disposed |
To see the full case history of Cortalim Shipyard and Engineers 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 Cortalim Shipyard and Engineers Private Limited.; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Cortalim Shipyard and Engineers Private Limited.; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Cortalim Shipyard and Engineers Private Limited. has 11 board changes on record since 2015: 2 appointments and 9 cessations. The latest: Shivappa Dyamappa Chawan ceased to be Additional Director on 05 Sep 2023.
2 earlier events are in the company report.
Frequently asked questions
Cortalim Shipyard and Engineers Private Limited is an active private limited company based in Panaji, Goa, India. The company works in land transporation, within the transportation industry. It was incorporated on 03 May 1972 (54+ years old) and is registered under CIN U63031GA1972PTC000141.
Cortalim Shipyard and Engineers Private Limited has 2 current directors:
- Shivappa Dyamappa Chawan - Director
- Jayant Krishanath Gaunker - Director
The latest financial statements of Cortalim Shipyard and Engineers Private Limited on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 25 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Cortalim Shipyard and Engineers Private Limited is U63031GA1972PTC000141. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Cortalim Shipyard and Engineers Private Limited has 5 court cases on record: 1 filed by the company and 4 filed against it. Most are in the high courts.
Cortalim Shipyard and Engineers Private Limited was incorporated on 03 May 1972, making it 54+ years old. It is registered with the Registrar of Companies, Goa.
Shivappa Dyamappa Chawan ceased to be Additional Director on 05 Sep 2023. Shivappa Dyamappa Chawan was appointed as Director on 07 Jul 2023. Jayant Krishanath Gaunker ceased to be Additional Director on 10 Sep 2019. Cortalim Shipyard and Engineers Private Limited has 11 board changes on record in total.
The registered office of Cortalim Shipyard and Engineers Private Limited is at Salgaocar Bhavan Plot Number 15 Altinho, Panaji, Goa, India – 403001.
Cortalim Shipyard and Engineers Private Limited operates in the transportation industry, in the land transporation segment.
The compliance status of Cortalim Shipyard and Engineers Private Limited is compliant as of 09 September 2026. The company is actively filing with the Registrar of Companies.
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