About Greatship (India ) Limited
Data last updated:
Greatship (India ) Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of The Great Eastern Shipping Company Limited. It operates in the oil and gas exploration and production segment of the energy and power sector. It was incorporated on 26 June 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U63090MH2002PLC136326. Its GSTIN is 27AABCG8542K1ZB (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹364 Cr and a paid-up capital of ₹190.19 Cr. It is led by directors including Ravi Kanaiyalal Sheth (Managing Director) and Pradyumna Raghunath Naware (Whole-Time Director).
Its last annual general meeting (AGM) was held on 25 July 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹1,332.45 Cr, a growth of 22% compared to the previous year. For the same year it recorded a net profit of ₹232.66 Cr (net margin 17.5%) and EBITDA of ₹638.85 Cr (EBITDA margin 47.9%). Revenue has grown at a compounded annual rate (CAGR) of 22% over three years and 9% over five years.
The company has about 131 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹810.77 Cr and satisfied charges of ₹12,274 Cr on record. Court records list 34 cases involving the company, including 14 filed by the company and 19 filed against it; 11 cases are pending. The company has 11 deals on record (6 funding rounds, 4 secondary share transfers, 1 acquisition), with disclosed funding of ₹1,151.96 Cr; the latest was in March 2016. Its 10 peer companies in the Oil and Gas industry (Exploration and Production) are compared by revenue, 5 larger and 5 smaller; the largest is Gujarat State Petroleum Corporation Limited with revenue of ₹29,515 Cr. The company has 33 MSME Form 1 returns on record between 2018 and 2024, listing 2,785 overdue payments to 145 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website greatshipglobal.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressOne International Center Tower 3 23rd Floor Senapati Bapat Marg Elphinstone Road (W, Est), Mumbai, Maharashtra, India – 400013
- IndustryEnergy and Power, Oil & Gas Exploration & Production
- 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
- One PDF report, delivered after checkout
Business Activity of Greatship (India ) Limited
The main business activity of Greatship (India ) is mining and quarrying. In detail, this covers mining support services activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| B | Mining and quarrying | B5 | Mining Support Services activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Greatship (India ) Limited FY 2025 filings available
Greatship (India ) Limited reported revenue of ₹1,332.45 Cr (up 22% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Greatship (India ) Limited
Revenue has grown at a compounded annual rate (CAGR) of 9% over five years, including 22% growth in the latest year. EBITDA rose 29% 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 of Greatship (India ) Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹638.85 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹232.66 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 of Greatship (India ) Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 47.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 17.5% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Greatship (India ) are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Greatship (India ) Limited
Greatship (India ) Limited is compared with the companies closest to it by revenue in the Oil and Gas industry (Exploration and Production). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Gujarat State Petroleum Corporation Limited | ₹29,515 Cr (FY 2025) | •••• | •••• | 7.0% | •••• | Gandhinagar, Gujarat, India |
| Ongc Videsh Limited | ₹14,418 Cr (FY 2025) | •••• | •••• | 0.0% | •••• | New Delhi, Delhi, India |
| Cairn India Limited | ₹10,634 Cr (FY 2016) | •••• | •••• | -35.0% | •••• | Mumbai, Maharashtra, India |
| Reliance Syngas Limited | ₹7,141.51 Cr (FY 2025) | •••• | •••• | 18.0% | •••• | Ahmedabad, Gujarat, India |
| Sun Petrochemicals Private Limited | ₹2,008.13 Cr (FY 2025) | •••• | •••• | 51.0% | •••• | Mumbai, Maharashtra, India |
| Greatship (India ) Limited this company | ₹1,332.45 Cr (FY 2025) | •••• | •••• | 22.0% | •••• | Mumbai, Maharashtra, India |
| Essar Oil and Gas Exploration and Production Limited | ₹866.69 Cr (FY 2024) | •••• | •••• | -6.0% | •••• | Mehsana, Gujarat, India |
| Deep Industries Limited | ₹608.46 Cr (FY 2025) | •••• | •••• | 32.0% | •••• | Ahmedabad, Gujarat, India |
| Oilmax Energy Private Limited | ₹588.94 Cr (FY 2025) | •••• | •••• | 42.0% | •••• | Mumbai, Maharashtra, India |
| Sanron Energy Private Limited | ₹560.89 Cr (FY 2025) | •••• | •••• | 81.0% | •••• | Ahmedabad, Gujarat, India |
| Dynamic Drilling & Services Private Limited | ₹516.74 Cr (FY 2025) | •••• | •••• | 79.0% | •••• | Gurgaon, Haryana, India |
Peers are the five companies nearest above and the five nearest below Greatship (India ) by revenue in the Oil and Gas industry (Exploration and Production), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Greatship (India ) Limited
Greatship (India ) Limited is audited by DELOITTE HASKINS & SELLS LLP for the financial year 2024.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| DELOITTE HASKINS & SELLS LLP | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Greatship (India ) Limited
Greatship (India ) has 8 current directors and 19 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhavna Gautam Doshi Also directs: The Great Eastern Shipping Company Limited, Bhavna Doshi Associates LLP, Nuvoco Vistas Corporation Limited and 5 more | Director | 26 Oct 2020 | 5 Years 11 Months | Current |
| Rita Bhagwati | Director | 07 Aug 2018 | 8 Years 2 Months | Current |
| Shaleen Sharma | Director | 26 Oct 2018 | 7 Years 11 Months | Current |
| Ravi Kanaiyalal Sheth | Managing Director | 07 Nov 2011 | 14 Years 11 Months | Current |
| Pradyumna Raghunath Naware | Whole-Time Director | 07 Nov 2006 | 19 Years 11 Months | Current |
| Alok Amritsagar Mahajan | Whole-Time Director | 01 Apr 2019 | 7 Years 6 Months | Current |
Ownership and Shareholding of Greatship (India ) Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Greatship (India ) Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 Mar 2024 | Standard Chartered Bank | ₹810.77 Cr | Satisfied |
| 26 Sep 2017 | Others | ₹1,617.23 Cr | Satisfied |
| 19 Jun 2017 | Dnb Asia Ltd | ₹1,604.29 Cr | Satisfied |
| 15 Nov 2016 | Dnb Asia Ltd | ₹1,786.93 Cr | Satisfied |
| 28 Apr 2016 | Others | ₹139.2 Cr | Satisfied |
Total charge records: 32 View all charges
Deals & Funding of Greatship (India ) Limited
Greatship (India ) Limited has 11 deals on record (6 funding rounds, 4 secondary share transfers, 1 acquisition), with disclosed funding of ₹1,151.96 Cr; the latest was in March 2016.
Deals on record (5 of 11)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2016 | Secondary share transfer | Undisclosed | Seller: The Great Eastern Shipping Company Limited |
| Mar 2014 | Secondary share transfer | Undisclosed | Seller: The Great Eastern Shipping Company Limited |
| Mar 2013 | Secondary share transfer | Undisclosed | Seller: The Great Eastern Shipping Company Limited |
| Jun 2012 | Secondary share transfer | Undisclosed | Buyer: The Great Eastern Shipping Company Limited Seller: an individual |
| Dec 2011 | Funding round | ₹98.28 Cr | Investors: The Great Eastern Shipping Company Limited |
Full deal history
All 11 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Greatship (India ) Limited
Greatship (India ) Limited has 34 court cases on record: 14 filed by Greatship (India ), 19 filed against it, 1 where it is another party. 11 cases are pending and 23 are disposed. Status as checked between 21 Sep 2026 and 05 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 23 | 10 | 11 |
| District courts | 10 | 8 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 34)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Interim or miscellaneous application | Filed against the company by PR Commissioner of Income Tax 5 Mumbai | Pending |
| Bombay High Court | Interim or miscellaneous application | Filed against the company by Principal Commissioner of Income Tax 5 Mumbai | Pending |
| Bombay High Court | Interim or miscellaneous application | Filed against the company by Principle Commissioner of Income Tax 5 | Pending |
| Bombay High Court | Court case (MVXA) | Filed by the company against Commissioner of State Tax,Maharashtra | Pending |
| Bombay High Court | Tax appeal | Filed against the company by PR. Commissioner of Income Tax-5, Mumbai | Pending |
Full case history
All 34 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 by Greatship (India ) Limited
Greatship (India ) Limited has 33 MSME Form 1 returns on record between 2018 and 2024, listing 2,785 overdue payments to 145 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 145)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Nascent Maritime Private Limited | •••• | •••• | •••• |
| Tubestar Oil and Gas Services Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Nine NX Global Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 33 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Greatship (India ) Limited
Greatship (India ) Limited has a workforce of 131 employees as of Feb 18, 2025.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Group Structure of Greatship (India ) Limited
Greatship (India ) 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 |
|---|---|---|
| Greatship Oilfield Services Limited | U74900MH2015PLC266483 | Locked |
Showing major subsidiaries. Total: 1.
CIN History of Greatship (India ) Limited
Greatship (India ) has one previous CIN (Corporate Identification Number): U63090MH2002PTC136326. The current CIN is U63090MH2002PLC136326, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U63090MH2002PLC136326 | Current |
| U63090MH2002PTC136326 | Previous |
Recent Activity on Greatship (India ) Limited
Greatship (India ) Limited has 27 board changes on record since 2002: 10 appointments and 17 cessations. The latest: Rahul Ravi Sheth ceased to be Additional Director on 24 Jul 2025.
92 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Greatship (India ) Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Greatship (India ) Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Greatship (India ) Limited
Greatship (India ) has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCG8542K1ZB | Maharashtra | Active | 01 Jul 2017 |
| 97AABCG8542K1Z4 | Active | 01 Sep 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Greatship (India ) Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Related news about Greatship (India ) Limited
Frequently Asked Questions about Greatship (India ) Limited
Greatship (India ) is an active public limited company based in Mumbai, Maharashtra, India. The company works in oil and gas exploration and production, within the energy and power industry. It was incorporated on 26 June 2002 (24+ years old) and is registered under CIN U63090MH2002PLC136326.
Greatship (India ) reported revenue of ₹1,332.45 Cr for FY 2025 (up 22% YoY).
Greatship (India ) has 8 current directors:
- Ravi Kanaiyalal Sheth - Managing Director
- Pradyumna Raghunath Naware - Whole-Time Director
- Alok Amritsagar Mahajan - Whole-Time Director
- Bhavna Gautam Doshi - Director
- Rita Bhagwati - Director
- Shaleen Sharma - Director
- Bharat Kanaiyalal Sheth - Director
- Rahul Ravi Sheth - Director
Greatship (India ) reported a net profit of ₹232.66 Cr (net margin 17.5%) and EBITDA of ₹638.85 Cr (EBITDA margin 47.9%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Greatship (India ) is 22% over three years and 9% over five years. In the latest year (FY 2025) revenue rose 22%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Greatship (India ) is 27AABCG8542K1ZB, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 97AABCG8542K1Z4.
The CIN (Corporate Identification Number) of Greatship (India ) is U63090MH2002PLC136326. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Greatship (India ) has 34 court cases on record: 14 filed by the company and 19 filed against it. 11 are pending. Most are in the high courts.
Greatship (India ) was incorporated on 26 June 2002, making it 24+ years old. It is registered with the Registrar of Companies, Mumbai.
Greatship (India ) has 11 deals on record (6 funding rounds, 4 secondary share transfers, 1 acquisition), with disclosed funding of ₹1,151.96 Cr; the latest was in March 2016.
The peers of Greatship (India ) by revenue are Gujarat State Petroleum Corporation Limited, Ongc Videsh Limited, Cairn India Limited, Reliance Syngas Limited, Sun Petrochemicals Private Limited and 5 more, all in the Oil and Gas industry (Exploration and Production).
Rahul Ravi Sheth ceased to be Additional Director on 24 Jul 2025. Rahul Ravi Sheth was appointed as Director on 26 Jul 2024. Mathew Cyriac ceased to be Director on 20 Sep 2021. Greatship (India ) has 27 board changes on record in total.