MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-AP-10-0005729
Eversun Marine Trade Private Limited - engineering in Visakhapatnam, Andhra Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹71.39 Cr
▲ 31% YoY
Net profit · FY 2023
₹16.2 Cr
Net margin 22.7%
EBITDA · FY 2023
₹35.63 Cr
EBITDA margin 49.9%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹50 Lakh
Issued & subscribed
Open charges
₹17.28 Cr
Satisfied ₹9.65 Cr
Company age
22 yrs
Est. 2004
Employees · EPFO
207
Provident fund records
About Eversun Marine Trade Private Limited
Data last updated:
Eversun Marine Trade Private Limited is a private limited company based in Visakhapatnam, Andhra Pradesh, India. It operates in the marine and naval engineering segment of the engineering sector. It was incorporated on 23 August 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U05005AP2004PTC043949. Its GSTIN is 37AABCE3863B1ZX (Andhra Pradesh).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors including Seshu Ragam and Ragam Satya Govind.
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 301 Oak Wood Justi Square Pandurangapuram Visakhapatnam – 530 003., Andhra Pradesh, India.
As per the financials filed for FY 2023, the company reported a revenue of ₹71.39 Cr, a growth of 31% compared to the previous year. For the same year it recorded a net profit of ₹16.2 Cr (net margin 22.7%) and EBITDA of ₹35.63 Cr (EBITDA margin 49.9%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 21% over five years.
The company has about 207 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹17.28 Cr and satisfied charges of ₹9.65 Cr on record. The company has 2 deals on record (2 secondary share transfers); the latest was in March 2012.
Eversun Marine Trade Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-AP-10-0005729). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website eversunmarine.com.
Company details
CIN U05005AP2004PTC043949
Registration Number 043949
Incorporation Date 23 August 2004
ROC Vijayawada
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 Medium
Udyam Registration UDYAM-AP-10-0005729
Recognitions & Rankings of Eversun Marine Trade
Contact details
Eversun Marine Trade Private Limited's registered office is in Visakhapatnam, Andhra Pradesh. Its website is eversunmarine.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address301 Oak Wood Justi Square Pandurangapuram Visakhapatnam – 530 003., Andhra Pradesh, India
- IndustryEngineering, Marine & Naval Engineering
To see the full contact details of Eversun Marine Trade Private Limited, buy the company report.
Comprehensive company report
Eversun Marine Trade Private Limited - one report that includes everything
- 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
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Secure checkout · GST invoice included
Financials of Eversun Marine Trade Private Limited
FY 2025 filings availableEversun Marine Trade Private Limited reported revenue of ₹71.39 Cr (up 31% YoY) for FY 2023.
Revenue · FY 2023
₹71.39 Cr ▲ 31%
Net profit · FY 2023
₹16.2 Cr margin 22.7%
EBITDA · FY 2023
₹35.63 Cr margin 49.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 31%
3 years · compounded
▲ 3%
5 years · compounded
▲ 21%
EBITDA CAGR growth
1 year
▲ 106%
3 years · compounded
▲ 25%
5 years · compounded
▲ 41%
Revenue has grown at a compounded annual rate (CAGR) of 21% over five years, including 31% growth in the latest year. EBITDA rose 106% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹71.39 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹35.63 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹16.2 Cr | ||||
| 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 | |||||
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| Total Assets | |||||
Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 49.9% | ||||
| Net Profit Margin | 22.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Eversun Marine Trade Private Limited, buy the company report.
Board of directors of Eversun Marine Trade Private Limited
Eversun Marine Trade has 3 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Seshu Ragam Also directs: Adamson Commercial Private Limited, Two Peckish Pears LLP, Urva Renewable Fuels Private Limited and 4 more | Director | 23 Dec 2021 | 4 Years 10 Months | Current |
| Ragam Satya Govind Also directs: Adamson Commercial Private Limited, Evertrek Trading Private Limited, Srivatsa Techno Corporation LLP and 5 more | Director | 10 Oct 2018 | 8 Years 0 Months | Current |
| Sandhya Ragam | Director | 10 Oct 2018 | 8 Years 0 Months | Current |
Auditor
Eversun Marine Trade Private Limited is audited by MOHAN & MIRPURI for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MOHAN & MIRPURI | FY 2023 | 002091S |
Shareholding
The shareholding of Eversun Marine Trade Private 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) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Eversun Marine Trade Private Limited, buy the company report.
Charges & borrowings
Open charges
₹17.28 Cr
Satisfied charges
₹9.65 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Dec 2024 | 101061073 | Hdfc Bank Limited | ₹14.8 Lakh | Open | |
| 02 Aug 2024 | 100995675 | Others | ₹58.82 Lakh | Open | |
| 29 May 2023 | 100764080 | Hdfc Bank Limited | ₹1.22 Cr | Open | |
| 26 Dec 2022 | 100695174 | Hdfc Bank Limited | ₹3 Cr | Open | |
| 05 Sep 2022 | 100694919 | Hdfc Bank Limited | ₹17 Lakh | Open |
To see the full charge records of Eversun Marine Trade Private Limited, buy the company report.
Total charge records: 12 View all charges
Deals & funding
Eversun Marine Trade Private Limited has 2 deals on record (2 secondary share transfers); the latest was in March 2012.
Total deals
2
Secondary share transfers
2
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2012 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 3 individuals |
| Mar 2010 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Eversun Marine Trade Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Eversun Marine Trade Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Eversun Marine Trade Private Limited has a workforce of 207 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.
Employee count
207
Active EPFO establishments
1
Employee growth
6.7%
GST
Eversun Marine Trade has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AABCE3863B1ZX | Andhra Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Eversun Marine Trade Private Limited, buy the company report.
Recent activity
Eversun Marine Trade Private Limited has 16 board changes on record since 2008: 3 appointments and 13 cessations. The latest: Seshu Ragam ceased to be Additional Director on 30 Sep 2022.
AGM
Eversun Marine Trade Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Eversun Marine Trade Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Vijayawada.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 14.80 Lakh with Charge ID 101061073 was registered on 20 Dec 2024.
Charges
A charge with Others amounted to Rs. 58.82 Lakh with Charge ID 100995675 was registered on 02 Aug 2024.
Charges
A charge registered on 17 Feb 2021 via Charge ID 100420563 with Hdfc Bank Limited was fully satisfied on 13 Feb 2024.
Charges
A charge registered on 18 Jan 2021 via Charge ID 100420561 with Hdfc Bank Limited was fully satisfied on 13 Feb 2024.
Charges
A charge registered on 30 Nov 2018 via Charge ID 100227571 with Hdfc Bank Limited was fully satisfied on 15 Dec 2023.
Charges
A charge registered on 30 Jan 2020 via Charge ID 100319298 with Hdfc Bank Limited was fully satisfied on 08 Aug 2023.
Charges
A charge registered on 12 Dec 2019 via Charge ID 100308001 with Hdfc Bank Limited was fully satisfied on 08 Aug 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 122.00 Lakh with Charge ID 100764080 was registered on 29 May 2023.
Charges
A charge with Hdfc Bank Limited of Rs. 1,215.00 Lakh registered on 31 Dec 2019 with Charge ID 100314200 was modified on 20 Mar 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 300.09 Lakh with Charge ID 100695174 was registered on 26 Dec 2022.
26 earlier events are in the company report.
Frequently asked questions
Eversun Marine Trade is an active private limited company based in Visakhapatnam, Andhra Pradesh, India. The company works in marine and naval engineering, within the engineering industry. It was incorporated on 23 August 2004 (22+ years old) and is registered under CIN U05005AP2004PTC043949.
Eversun Marine Trade has 3 current directors:
- Seshu Ragam - Director
- Ragam Satya Govind - Director
- Sandhya Ragam - Director
The latest financial statements of Eversun Marine Trade 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 Eversun Marine Trade is 37AABCE3863B1ZX, registered in Andhra Pradesh.
The CIN (Corporate Identification Number) of Eversun Marine Trade is U05005AP2004PTC043949. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Eversun Marine Trade was incorporated on 23 August 2004, making it 22+ years old. It is registered with the Registrar of Companies, Vijayawada.
Eversun Marine Trade has 2 deals on record (2 secondary share transfers); the latest was in March 2012.
Seshu Ragam ceased to be Additional Director on 30 Sep 2022. Seshu Ragam was appointed as Director on 23 Dec 2021. Jacob Cherian ceased to be Director on 25 Mar 2021. Eversun Marine Trade has 16 board changes on record in total.
Yes, Eversun Marine Trade is registered as a medium enterprise under Udyam registration (number: UDYAM-AP-10-0005729).
Eversun Marine Trade can be reached through the website eversunmarine.com. Its registered office is in Visakhapatnam, Andhra Pradesh, India.