Empower Shipping and Forwarding Private Limited
About Empower Shipping and Forwarding Private Limited
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Empower Shipping and Forwarding Private Limited is a private limited company based in Navi Mumbai, Maharashtra, India. It operates in the carrying and forwarding agents (cfa) segment of the transport and logistics sector. It was incorporated on 19 January 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74990MH2011PTC212514. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Savita Ramji Makwana and Haresh Ramji Makwana.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at B – 1/10 – 2 Millinum Tower Sector – 9 Sanpada, Navi Mumbai, Maharashtra, India – 400705.
As per the financials filed for FY 2022, the company reported a revenue of ₹50.91 Lakh, a growth of 112% compared to the previous year. For the same year it recorded a net profit of ₹13,367 (net margin 0.3%) and EBITDA of ₹30.93 Lakh (EBITDA margin 60.8%). Revenue has declined at a compounded annual rate (CAGR) of 33% over three years and 32% over five years.
The company has about 5 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹2.26 Cr on record. Court records list 7 cases involving the company, including 7 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Empower Shipping and Forwarding Private Limited's registered office is in Navi Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressB – 1/10 – 2 Millinum Tower Sector – 9 Sanpada, Navi Mumbai, Maharashtra, India – 400705
- IndustryTransport and Logistics, Carrying & Forwarding Agents (CFA)
To see the full contact details of Empower Shipping and Forwarding 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 Empower Shipping and Forwarding Private Limited
FY 2022 filings availableEmpower Shipping and Forwarding Private Limited reported revenue of ₹50.91 Lakh (up 112% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue rose 112% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 32%. EBITDA rose 33% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA | ₹30.93 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹13,367 | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| Profitability | |||||
| EBITDA Margin | 60.8% | ||||
| Net Profit Margin | 0.3% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Empower Shipping and Forwarding Private Limited, buy the company report.
Board of directors of Empower Shipping and Forwarding Private Limited
Empower Shipping and Forwarding has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Savita Ramji Makwana Also directs: Vini Container Lines Private Limited | Director | 11 Jan 2019 | 7 Years 10 Months | Current |
| Haresh Ramji Makwana Also directs: Vini Container Lines Private Limited | Director | 01 Aug 2022 | 4 Years 3 Months | Current |
Peer comparison
Empower Shipping and Forwarding Private Limited is compared with the 10 companies closest to it by revenue in the Transport and Logistics industry (Carrying and Forwarding Agents), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Kiran Matches Private Limited | ₹52.83 Lakh (FY 2025) | 148.0% | Kolkata, West Bengal, India | |||
| Thirumalai Cargo Services Private Limited | ₹52.37 Lakh (FY 2025) | 19.0% | Anna Nagar West Extn, Tamil Nadu, India | |||
| Bangalore Custom House Agents Association Limited | ₹51.97 Lakh (FY 2024) | 1.0% | Bangalore, Karnataka, India | |||
| Maleva India Private Limited | ₹51.67 Lakh (FY 2024) | Thoraipakkam, Tamil Nadu, India | ||||
| Pilane Shipping Services Private Limited | ₹51 Lakh (FY 2025) | -66.0% | Navi Mumbai, Maharashtra, India | |||
| Empower Shipping and Forwarding Private Limitedthis company | ₹50.91 Lakh (FY 2022) | ₹13,367 | 0.3% | 112.0% | 5 | Navi Mumbai, Maharashtra, India |
| Itl India Private Limited | ₹50.54 Lakh (FY 2025) | 9.0% | Gurgaon, Haryana, India | |||
| Osr Express Cargo Private Limited | ₹50.25 Lakh (FY 2023) | New Delhi, Delhi, India | ||||
| Contrans Container Line Private Limited | ₹50 Lakh (FY 2025) | -81.0% | New Delhi, Delhi, India | |||
| Sr Cargo India Private Limited | ₹49.88 Lakh (FY 2025) | 0.0% | Chennai, Tamil Nadu, India | |||
| Ribhus International Private Limited | ₹49.47 Lakh (FY 2024) | 3.0% | Rajkot, Gujarat, India |
To see the full peer comparison of Empower Shipping and Forwarding Private Limited, buy the company report.
Auditor
Empower Shipping and Forwarding Private Limited is audited by SANTOSH S KADAM & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SANTOSH S KADAM & ASSOCIATES | FY 2019 | 124887W |
Shareholding
The shareholding of Empower Shipping and Forwarding Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Empower Shipping and Forwarding Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Dec 2017 | 100206726 | Others | ₹65 Lakh | Open | |
| 31 Dec 2016 | 100074087 | Others | ₹1.61 Cr | Open |
Total charge records: 2 View all charges
Legal cases
Empower Shipping and Forwarding Private Limited has 7 court cases on record: 7 filed against it. 1 case is pending and 6 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 7 | 1 |
Cases on record (3 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed against the company by Icici Bank Ltd | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed against the company by Icici Bank Ltd | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Interim or miscellaneous application | Filed against the company by Icici Bank Ltd | Disposed |
To see the full case history of Empower Shipping and Forwarding 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 Empower Shipping and Forwarding Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Empower Shipping and Forwarding Private Limited has a workforce of 5 employees on its EPFO records as of Nov 2018, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2018-19 | 5 |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Empower Shipping and Forwarding Private Limited, buy the company report.
GST
Empower Shipping and Forwarding has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Empower Shipping and Forwarding Private Limited, buy the company report.
Recent activity
Empower Shipping and Forwarding Private Limited has 10 board changes on record since 2017: 2 appointments and 8 cessations. The latest: Haresh Ramji Makwana ceased to be Additional Director on 30 Sep 2022.
3 earlier events are in the company report.
Frequently asked questions
Empower Shipping and Forwarding is an active private limited company based in Navi Mumbai, Maharashtra, India. The company works in carrying and forwarding agents (cfa), within the transport and logistics industry. It was incorporated on 19 January 2011 (15+ years old) and is registered under CIN U74990MH2011PTC212514.
Empower Shipping and Forwarding has 2 current directors:
- Savita Ramji Makwana - Director
- Haresh Ramji Makwana - Director
The latest financial statements of Empower Shipping and Forwarding on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
No. Empower Shipping and Forwarding has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Empower Shipping and Forwarding is U74990MH2011PTC212514. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Empower Shipping and Forwarding has 7 court cases on record: 7 filed against it. 1 is pending.
Empower Shipping and Forwarding was incorporated on 19 January 2011, making it 15+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Empower Shipping and Forwarding by revenue are Kiran Matches Private Limited, Thirumalai Cargo Services Private Limited, Bangalore Custom House Agents Association Limited, Maleva India Private Limited, Pilane Shipping Services Private Limited and 5 more, all in the Transport and Logistics industry (Carrying and Forwarding Agents).
Haresh Ramji Makwana ceased to be Additional Director on 30 Sep 2022. Haresh Ramji Makwana was appointed as Director on 01 Aug 2022. Prajakta Pramod Parkar ceased to be Director on 01 Aug 2022. Empower Shipping and Forwarding has 10 board changes on record in total.
The registered office of Empower Shipping and Forwarding is at B – 110 – 2 Millinum Tower Sector – 9 Sanpada, Navi Mumbai, Maharashtra, India – 400705.
Empower Shipping and Forwarding operates in the transport and logistics industry, in the carrying and forwarding agents (cfa) segment.
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