Ferromar Shipping Private Limited

Ferromar Shipping Private Limited - transport and logistics in Goa, India. FY 2026 financials & compliance.
CIN U61100GA1974PTC000197 Incorporated 27 August 1974 ROC Goa HQ Goa, India
Active Private Limited Company transport and logistics MSME · Small
Data last updated
Revenue · FY 2024
₹12.5 Cr
▲ 4% YoY
Net profit · FY 2024
₹2.61 Cr
Net margin 20.9%
EBITDA · FY 2024
₹8.49 Cr
EBITDA margin 68%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹4.9 Cr
Issued & subscribed
Open charges
₹53.77 Lakh
Satisfied ₹82.87 Cr
Company age
52 yrs
Est. 1974
Employees · EPFO
1
Provident fund records

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

CIN U61100GA1974PTC000197
Registration Number 000197
Incorporation Date 27 August 1974
ROC Goa
Listing Status Unlisted
Company Status Active
Date of Last AGM 25 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GA-02-0001938

Recognitions & Rankings of Ferromar Shipping

MSME (Udyam registered) Ministry of MSME
Category
Small (2023-24)
Udyam number
UDYAM-GA-02-0001938

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
  • Social Media
  • Registered Address
    Anand Bhawan Station Road Margao, Goa, India – 403601
  • Industry
    Transport and Logistics, Shipbuilding & Repair Services

To see the full contact details of Ferromar Shipping Private Limited, buy the company report.

Comprehensive company report
Ferromar Shipping 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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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 codeMain activityBusiness activity codeBusiness activityShare of turnover
DElectricity, gas, steam and air condition supplyD1Electric power generation, transmission and distribution
HTransport and storageH3Water 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 available

Ferromar Shipping Private Limited reported revenue of ₹12.5 Cr (up 4% YoY) for FY 2024.

Revenue · FY 2024
₹12.5 Cr ▲ 4%
Net profit · FY 2024
₹2.61 Cr margin 20.9%
EBITDA · FY 2024
₹8.49 Cr margin 68%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 4%
3 years · compounded
▼ 3%
5 years · compounded
▼ 3%
EBITDA CAGR growth
1 year
▲ 8%
3 years · compounded
▲ 7%
5 years · compounded
▼ 3%

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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹8.49 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹2.61 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
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin68%
Net Profit Margin20.9%
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
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 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.

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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Ferromar Shipping Private Limitedthis company₹12.5 Cr (FY 2024)₹2.61 Cr20.9%4.0%1Goa, 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 firmFinancial yearFirm registration number
H. K. APARANJIFY 2023000199S

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 categoryFY 2023FY 2021FY 2020FY 2019FY 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

Open charges
₹53.77 Lakh
Satisfied charges
₹82.87 Cr
Breakdown by lending institutions
Others₹0.50 Cr
Bank of Baroda₹0.03 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
10 Apr 2024100910019Others₹50.35 LakhOpen
04 Jan 199590065455Bank of Baroda₹3.42 LakhOpen
22 Feb 2022100539935Others₹36 LakhSatisfied
22 Feb 2020100330469Others₹50 LakhSatisfied
14 Mar 2017100091077Others₹24 CrSatisfied

To see the full charge records of Ferromar Shipping Private Limited, buy the company report.

Total charge records: 21 View all charges

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.

1
Subsidiary companies
Key subsidiaries
Company NameCINShares held
Agrawal Solar Power (Up) Private LimitedU40105GA2015PTC007681

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.

Employee count
1
Active EPFO establishments
1

GST

Ferromar Shipping has 4 GST registrations: 4 active.

Total GSTINs
4
Active
4
GSTINStateStatusRegistered on
30AAACF2864J1ZVGoaActive01 Jul 2017
08AAACF2864J1ZIRajasthanActive01 Jul 2017
27AAACF2864J1ZIMaharashtraActive01 Jul 2017
29AAACF2864J1ZEKarnatakaActive01 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.

Charges
A charge registered on 22 Feb 2022 via Charge ID 100539935 with Others was fully satisfied on 03 Jul 2025.
AGM
Ferromar Shipping Private Limited last Annual general meeting of members was held on 25 Sep 2024 as per latest MCA records.
Charges
A charge registered on 22 Feb 2020 via Charge ID 100330469 with Others was fully satisfied on 22 Apr 2024.
Charges
A charge with Others amounted to Rs. 0.50 Cr with Charge ID 100910019 was registered on 10 Apr 2024.
Filing
Ferromar Shipping Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Goa.
Charges
A charge registered on 09 Jan 2003 via Charge ID 90076833 with M/S Sundaram Pinance Ltd. was fully satisfied on 24 Aug 2023.
Charges
A charge registered on 29 Dec 2012 via Charge ID 10399360 with Indusind Bank Limited was fully satisfied on 04 Jun 2022.
Charges
A charge with Others amounted to Rs. 0.36 Cr with Charge ID 100539935 was registered on 22 Feb 2022.
Charges
A charge registered on 14 Mar 2017 via Charge ID 100091077 with Others was fully satisfied on 11 Feb 2021.
Charges
A charge registered on 30 Mar 2005 via Charge ID 90065708 with Others was fully satisfied on 06 Mar 2020.
Charges
A charge with Others amounted to Rs. 0.50 Cr with Charge ID 100330469 was registered on 22 Feb 2020.
Charges
A charge registered on 01 Oct 2002 via Charge ID 90065618 with Citicorp Finance (India) Ltd. was fully satisfied on 23 Aug 2017.

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:

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.