- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-05-0000049

About Dalkan Ship Breaking Limited
Data last updated:
Dalkan Ship Breaking Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the shipbuilding and repair services segment of the transport and logistics sector. It was incorporated on 17 August 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U61100MH1994PLC080405. Its GSTIN is 24AAACD1926B1ZE (Gujarat). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.93 Cr. It is led by directors including Bhadresh Jaysukhlal Shah and Gaurav Bhupatrai Shah.
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 6 – B Shubham Shopping Centre Andheri Chakala Road Chakala Andheri (East), Mumbai, Maharashtra, India – 400069.
As per the financials filed for FY 2025, the company reported a revenue of ₹75.57 Cr, a growth of 27% compared to the previous year. For the same year it recorded a net profit of ₹29.64 Lakh (net margin 0.4%) and EBITDA of ₹3.08 Cr (EBITDA margin 4.1%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 23% over five years.
The company has about 21 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹106.18 Cr on record. Court records list 9 cases involving the company, including 6 filed by the company and 3 filed against it.
Dalkan Ship Breaking Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-05-0000049). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website dalkan.in.
Company details
Recognitions & Rankings of Dalkan Ship Breaking
Contact details
Dalkan Ship Breaking Limited's registered office is in Mumbai, Maharashtra. Its website is dalkan.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address6 – B Shubham Shopping Centre Andheri Chakala Road Chakala Andheri (East), Mumbai, Maharashtra, India – 400069
- IndustryTransport and Logistics, Shipbuilding & Repair Services
To see the full contact details of Dalkan Ship Breaking 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 Dalkan Ship Breaking is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Dalkan Ship Breaking Limited, buy the company report.
Financials of Dalkan Ship Breaking Limited
FY 2025 filings availableDalkan Ship Breaking Limited reported revenue of ₹75.57 Cr (up 27% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 23% over five years, including 27% growth in the latest year. EBITDA fell 10% 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 | ₹3.08 Cr | ||||
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| Net Profit (PAT) | ₹29.64 Lakh | ||||
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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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| Profitability | |||||
| EBITDA Margin | 4.1% | ||||
| Net Profit Margin | 0.4% | ||||
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To see the full financial statements and ratios of Dalkan Ship Breaking Limited, buy the company report.
Board of directors of Dalkan Ship Breaking Limited
Dalkan Ship Breaking has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhadresh Jaysukhlal Shah Also directs: Sunbeam High Tech Builders LLP, Aadeshwar International LLP | Director | 17 Aug 1994 | 32 Years 2 Months | Current |
| Gaurav Bhupatrai Shah | Director | 10 Mar 2000 | 26 Years 7 Months | Current |
| Bhavesh Chimanlal Shah | Director | 17 Aug 1994 | 32 Years 2 Months | Current |
Peer comparison
Dalkan Ship Breaking Limited is compared with the 4 companies closest to it by revenue in the Shipping industry (Shipbuilding and Repairs), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mahavir Inducto-Melt Private Limited | ₹79.82 Cr (FY 2025) | -9.0% | Ahmedabad, Gujarat, India | |||
| Shri Gautam Shipbreaking Industries Private Limited | ₹78.62 Cr (FY 2024) | -18.0% | Bhavnagar, Gujarat, India | |||
| Dalkan Ship Breaking Limitedthis company | ₹75.57 Cr (FY 2025) | ₹29.64 Lakh | 0.4% | 27.0% | 21 | Mumbai, Maharashtra, India |
| Honey Shipbreaking Private Limited | ₹68.06 Cr (FY 2025) | 1610.0% | Bhavnagar, Gujarat, India | |||
| M K Shipping and Allied Industries Private Limited | ₹66.44 Cr (FY 2025) | 77.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Dalkan Ship Breaking Limited, buy the company report.
Auditor
Dalkan Ship Breaking Limited is audited by M A SHAH & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M A SHAH & ASSOCIATES | FY 2023 | 128726W |
Shareholding
The shareholding of Dalkan Ship Breaking 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) | |||||
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| Public | |||||
| Others |
To see the full shareholding pattern of Dalkan Ship Breaking Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Dec 2024 | 101026717 | Others | ₹10 Cr | Open | |
| 15 Oct 2008 | 10132519 | Others | ₹96.18 Cr | Open |
To see the full charge records of Dalkan Ship Breaking Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Dalkan Ship Breaking Limited has 9 court cases on record: 6 filed by Dalkan Ship Breaking, 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 7 | 1 | 0 |
| Supreme Court | 2 | 2 | 0 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (1601-Direct Taxation : Income Tax Act, 1961, Wealth Tax Act, 1957, Gift Tax Act, 1958, Excess Profits Tax Act, 1940, Business Profit Tax Act, 1947 [other than matters covered by categories 1602-1605]) | Filed against the company by Income Tax Officer Ward 9(3)(1) and 2 others | Disposed |
| Supreme Court | Court case (1601-Direct Taxation : Income Tax Act, 1961, Wealth Tax Act, 1957, Gift Tax Act, 1958, Excess Profits Tax Act, 1940, Business Profit Tax Act, 1947 [other than matters covered by categories 1602-1605]) | Filed against the company by Income Tax Officer, Ward 9(3)(1), Mumbai and 2 others | Disposed |
| Bombay High Court | Writ petition | Filed by the company against Income Tax Officer, Ward 9(3)(1) | Disposed |
| High Court | Writ petition | Filed by the company against Income Tax Officer Ward 9( and 2 others | Disposed |
| High Court, GUJARAT | Special civil application | Filed against the company by individuals | Disposed |
To see the full case history of Dalkan Ship Breaking 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
Dalkan Ship Breaking Limited was last rated by Icra on 25 Jun 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 25 Jun 2021 |
To see the full credit ratings and regulatory alerts of Dalkan Ship Breaking Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Dalkan Ship Breaking Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Dalkan Ship Breaking Limited has a workforce of 21 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
GST
Dalkan Ship Breaking has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACD1926B1ZE | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Dalkan Ship Breaking Limited, buy the company report.
Recent activity
Dalkan Ship Breaking Limited has 4 board changes on record since 1994: 3 appointments and 1 cessation. The latest: Hirenbhai Shah ceased to be Director on 02 Aug 2021.
Frequently asked questions
Dalkan Ship Breaking is an active public limited company based in Mumbai, Maharashtra, India. The company works in shipbuilding and repair services, within the transport and logistics industry. It was incorporated on 17 August 1994 (32+ years old) and is registered under CIN U61100MH1994PLC080405.
Dalkan Ship Breaking has 3 current directors:
- Bhadresh Jaysukhlal Shah - Director
- Gaurav Bhupatrai Shah - Director
- Bhavesh Chimanlal Shah - Director
The latest financial statements of Dalkan Ship Breaking 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 Dalkan Ship Breaking is 24AAACD1926B1ZE, registered in Gujarat. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Dalkan Ship Breaking is U61100MH1994PLC080405. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Dalkan Ship Breaking has 9 court cases on record: 6 filed by the company and 3 filed against it. Most are in the high courts.
Dalkan Ship Breaking was incorporated on 17 August 1994, making it 32+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Dalkan Ship Breaking by revenue are Mahavir Inducto-Melt Private Limited, Shri Gautam Shipbreaking Industries Private Limited, Honey Shipbreaking Private Limited, M K Shipping and Allied Industries Private Limited, all in the Shipping industry (Shipbuilding and Repairs), with the same principal business activity (metal and metal products).
Hirenbhai Shah ceased to be Director on 02 Aug 2021. Gaurav Bhupatrai Shah was appointed as Director on 10 Mar 2000. Bhadresh Jaysukhlal Shah was appointed as Director on 17 Aug 1994. Dalkan Ship Breaking has 4 board changes on record in total.
Yes, Dalkan Ship Breaking is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-05-0000049).
Dalkan Ship Breaking can be reached through the website dalkan.in. Its registered office is in Mumbai, Maharashtra, India.