- Category
- Small (2023-24)
- Udyam number
- UDYAM-GA-02-0001938

About Ferromar Shipping Private Limited
Data last updated:
Ferromar Shipping Private Limited is a private limited company based in Goa, India. It operates in the shipbuilding and repair services segment of the transport and logistics sector. It was incorporated on 27 August 1974 and has been in existence for over 52 years.
The company is registered with the Registrar of Companies (ROC), Goa, under CIN U61100GA1974PTC000197. Its GSTIN is 30AAACF2864J1ZV (Goa). The company holds 4 GST registrations, all of them active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.9 Cr. It is led by directors including Krishnakumar Gangadhar Agrawal and Anirudh Krishnakumar Agrawal.
Its last annual general meeting (AGM) was held on 25 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Anand Bhawan Station Road Margao, Goa, India – 403601.
As per the financials filed for FY 2024, the company reported a revenue of ₹12.5 Cr, a growth of 4% compared to the previous year. For the same year it recorded a net profit of ₹2.61 Cr (net margin 20.9%) and EBITDA of ₹8.49 Cr (EBITDA margin 68%). Revenue has declined at a compounded annual rate (CAGR) of 3% over three years and 3% over five years.
The company has about 1 employee on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹53.77 Lakh and satisfied charges of ₹82.87 Cr on record. Court records list 17 cases involving the company, including 11 filed by the company and 6 filed against it; 4 cases are pending.
Ferromar Shipping Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GA-02-0001938). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website agrawalgroupgoa.com.
Company details
Recognitions & Rankings of Ferromar Shipping
Contact details
Ferromar Shipping Private Limited's registered office is in Goa. Its website is agrawalgroupgoa.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressAnand Bhawan Station Road Margao, Goa, India – 403601
- IndustryTransport and Logistics, Shipbuilding & Repair Services
To see the full contact details of Ferromar 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
Business activity
The main business activities of Ferromar Shipping are electricity, gas, steam and air condition supply and transport and storage. In detail, this covers electric power generation, transmission and distribution and water transport. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution | |
| H | Transport and storage | H3 | Water transport |
To see the full business activity and turnover split of Ferromar Shipping Private Limited, buy the company report.
Financials of Ferromar Shipping Private Limited
FY 2024 filings availableFerromar Shipping Private Limited reported revenue of ₹12.5 Cr (up 4% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 4% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 3%. EBITDA rose 8% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹8.49 Cr | ||||
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| Net Profit (PAT) | ₹2.61 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 68% | ||||
| Net Profit Margin | 20.9% | ||||
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To see the full financial statements and ratios of Ferromar Shipping Private Limited, buy the company report.
Board of directors of Ferromar Shipping Private Limited
Ferromar Shipping 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 |
|---|---|---|---|---|
| Krishnakumar Gangadhar Agrawal Also directs: Agrawal Minerals (Goa) Private Limited, Aryavaan Pharmaceuticals Private Limited, Agrawal Medicaments Private Limited and 5 more | Director | 24 Dec 1975 | 50 Years 10 Months | Current |
| Anirudh Krishnakumar Agrawal Also directs: Agrawal Minerals (Goa) Private Limited, Aryavaan Pharmaceuticals Private Limited, Agrawal Medicaments Private Limited and 5 more | Director | 01 Jan 2004 | 22 Years 10 Months | Current |
| Anurag Agrawal Also directs: Agrawal Minerals (Goa) Private Limited, Aryavaan Pharmaceuticals Private Limited, Agrawal Medicaments Private Limited and 5 more | Director | 01 Jul 2006 | 20 Years 4 Months | Current |
Peer comparison
Ferromar Shipping Private Limited is compared with the 3 companies closest to it by revenue in the Cleantech industry (Shipbuilding and Repairs, Wind Power), with the same principal business activity (electric power generation, transmission and distribution), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ferromar Shipping Private Limitedthis company | ₹12.5 Cr (FY 2024) | ₹2.61 Cr | 20.9% | 4.0% | 1 | Goa, India |
| Windstream Energy Technologies India Private Limited | ₹12.49 Cr (FY 2024) | 32.0% | Hyderabad, Telangana, India | |||
| Dindore Winds Private Limited | ₹12.44 Cr (FY 2024) | -2.0% | Hyderabad, Telangana, India | |||
| R K Wind Farms ( Karur) Private Limited | ₹12.29 Cr (FY 2024) | 19.0% | Karur, Tamil Nadu, India |
To see the full peer comparison of Ferromar Shipping Private Limited, buy the company report.
Auditor
Ferromar Shipping Private Limited is audited by H. K. APARANJI for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| H. K. APARANJI | FY 2023 | 000199S |
Shareholding
The shareholding of Ferromar Shipping 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 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ferromar Shipping Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Apr 2024 | 100910019 | Others | ₹50.35 Lakh | Open | |
| 04 Jan 1995 | 90065455 | Bank of Baroda | ₹3.42 Lakh | Open | |
| 22 Feb 2022 | 100539935 | Others | ₹36 Lakh | Satisfied | |
| 22 Feb 2020 | 100330469 | Others | ₹50 Lakh | Satisfied | |
| 14 Mar 2017 | 100091077 | Others | ₹24 Cr | Satisfied |
To see the full charge records of Ferromar Shipping Private Limited, buy the company report.
Total charge records: 21 View all charges
Legal cases
Ferromar Shipping Private Limited has 17 court cases on record: 11 filed by Ferromar Shipping, 6 filed against it. 4 cases are pending and 13 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 12 | 4 | 4 |
| District courts | 4 | 1 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 17)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Writ petition | Filed by the company against Karnataka Power Transmission Corporation Limited (Kptcl), and 2 others | Pending |
| High Court of Karnataka | Writ petition | Filed by the company against Bangalore Electricity Supply Company Limited (Bescom) and 2 others | Pending |
| High Court of Karnataka | Writ petition | Filed by the company against Bangalore Electricity Supply Company Limited (Bescom), and 2 others | Disposed |
| Supreme Court | Court case (1503-Appeal Against Orders Of Statutory Bodies : Tribunals) | Filed against the company by M/S A.V. Salgaoncar Cortalim Shipyard and Engineers Pvt. Ltd. Rep. Herein by Director Jayant Krishnanath Gaunkar Office at Salgaocar Bhavan, Altinho, Panaji Goa , , Goa | Disposed |
| High Court, MAHARASHTRA | Writ petition | Filed by the company against Maharashtra State Electricity Distribution Company Limited Through Its Chairman and Managing Direct and 5 others | Disposed |
To see the full case history of Ferromar 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 Ferromar Shipping Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Ferromar Shipping has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Agrawal Solar Power (Up) Private Limited | U40105GA2015PTC007681 |
To see the full group structure of Ferromar Shipping Private Limited, buy the company report.
Employees & EPFO
Ferromar Shipping Private Limited has a workforce of 1 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Ferromar Shipping has 4 GST registrations: 4 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 30AAACF2864J1ZV | Goa | Active | 01 Jul 2017 |
| 08AAACF2864J1ZI | Rajasthan | Active | 01 Jul 2017 |
| 27AAACF2864J1ZI | Maharashtra | Active | 01 Jul 2017 |
| 29AAACF2864J1ZE | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ferromar Shipping Private Limited, buy the company report.
Recent activity
Ferromar Shipping Private Limited has 4 board changes on record since 1975: 3 appointments and 1 cessation. The latest: Gangadhar Narsingdas Agrawal ceased to be Director on 01 Jan 2015.
39 earlier events are in the company report.
Frequently asked questions
Ferromar Shipping is an active private limited company based in Goa, India. The company works in shipbuilding and repair services, within the transport and logistics industry. It was incorporated on 27 August 1974 (52+ years old) and is registered under CIN U61100GA1974PTC000197.
Ferromar Shipping has 3 current directors:
- Krishnakumar Gangadhar Agrawal - Director
- Anirudh Krishnakumar Agrawal - Director
- Anurag Agrawal - Director
The latest financial statements of Ferromar Shipping on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 25 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Ferromar Shipping is 30AAACF2864J1ZV, registered in Goa. The company has 4 GST registrations in all, of which 4 are active. Other active GSTINs include 08AAACF2864J1ZI (Rajasthan), 27AAACF2864J1ZI (Maharashtra), 29AAACF2864J1ZE (Karnataka).
The CIN (Corporate Identification Number) of Ferromar Shipping is U61100GA1974PTC000197. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ferromar Shipping has 17 court cases on record: 11 filed by the company and 6 filed against it. 4 are pending. Most are in the high courts.
Ferromar Shipping was incorporated on 27 August 1974, making it 52+ years old. It is registered with the Registrar of Companies, Goa.
The peers of Ferromar Shipping by revenue are Windstream Energy Technologies India Private Limited, Dindore Winds Private Limited, R K Wind Farms ( Karur) Private Limited, all in the Cleantech industry (Shipbuilding and Repairs, Wind Power), with the same principal business activity (electric power generation, transmission and distribution).
Gangadhar Narsingdas Agrawal ceased to be Director on 01 Jan 2015. Anurag Agrawal was appointed as Director on 01 Jul 2006. Anirudh Krishnakumar Agrawal was appointed as Director on 01 Jan 2004. Ferromar Shipping has 4 board changes on record in total.
Yes, Ferromar Shipping is registered as a small enterprise under Udyam registration (number: UDYAM-GA-02-0001938).
Ferromar Shipping can be reached through the website agrawalgroupgoa.com. Its registered office is in Goa, India.

