About Ind Aust Maritime Private Limited
Data last updated:
Ind Aust Maritime Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the industrial machinery retail and distribution segment of the machinery and industrial equipment sector. It was incorporated on 10 November 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29299MH1995PTC094371. Its GSTIN is 27AAACI7515H1ZM (Maharashtra). The company holds 5 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹2.3 Cr and a paid-up capital of ₹1.97 Cr. It is led by directors including Rajiv Bhatia and Ravi Vedprakash Bhatia.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Thane, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹364.99 Cr, a decline of 6% compared to the previous year. For the same year it recorded a net profit of ₹126.62 Cr (net margin 34.7%) and EBITDA of ₹172.96 Cr (EBITDA margin 47.4%). Revenue has grown at a compounded annual rate (CAGR) of 31% over three years and 17% over five years.
The company has about 110 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.
The company is associated with 1 brand: Castle Ships. As per MCA filings, the company has satisfied charges of ₹9.44 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website indaust.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressC – 6/2 Ttc MIDC, Pawane Navi Mumbai, Thane, Maharashtra, India – 400705
- IndustryMachinery and Equipment, Industrial Machinery Retail & Distribution
- 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 Ind Aust Maritime Private Limited
The main business activities of Ind Aust Maritime are trade and professional, scientific and technical. In detail, this covers wholesale trading and other professional, scientific and technical activities. 2 activity segments are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical 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 Ind Aust Maritime Private Limited FY 2024 filings available
Ind Aust Maritime Private Limited reported revenue of ₹364.99 Cr (down 6% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Ind Aust Maritime Private Limited
Revenue fell 6% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 17%. EBITDA fell 3% 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 Ind Aust Maritime Private 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 | ₹172.96 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹126.62 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 Ind Aust Maritime Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 47.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 34.7% | •••• | •••• | •••• | •••• |
| 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 Ind Aust Maritime 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 Ind Aust Maritime Private Limited
Ind Aust Maritime Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Machinery and Equipment Retail and Distribution, Shipping Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| SVP Mining Technologies Private Limited | ₹388.73 Cr (FY 2025) | •••• | •••• | 26.0% | •••• | Nagpur, Maharashtra, India |
| Suchita Millenium Projects Private Limited | ₹383.46 Cr (FY 2025) | •••• | •••• | -10.0% | •••• | Kolkata, West Bengal, India |
| Pitney Bowes India Private Limited | ₹379.86 Cr (FY 2025) | •••• | •••• | -4.0% | •••• | New Delhi, Delhi, India |
| Kap Cones Private Limited | ₹375.28 Cr (FY 2025) | •••• | •••• | 22.0% | •••• | New Delhi, Delhi, India |
| Deccan Fasteners Pvt Ltd | ₹366.97 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | Telangana, India |
| Ind Aust Maritime Private Limited this company | ₹364.99 Cr (FY 2025) | •••• | •••• | -6.0% | •••• | Thane, Maharashtra, India |
| Apollo Logisolutions Limited | ₹361.63 Cr (FY 2024) | •••• | •••• | -7.0% | •••• | New Delhi, Delhi, India |
| Ambuja Shipping Services Limited | ₹360.73 Cr (FY 2025) | •••• | •••• | 0.0% | •••• | Ahmedabad, Gujarat, India |
| Chennai Container Terminal Private Limited | ₹344.81 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Mumbai, Maharashtra, India |
| Middleby Celfrost Innovations Private Limited | ₹327.6 Cr (FY 2025) | •••• | •••• | 23.0% | •••• | Anekal, Karnataka, India |
| Ramanand Power Systems Private Limited | ₹326.25 Cr (FY 2025) | •••• | •••• | 47.0% | •••• | Hyderabad, Telangana, India |
Peers are the five companies nearest above and the five nearest below Ind Aust Maritime by revenue in the Machinery and Equipment industry (Machinery and Equipment Retail and Distribution, Shipping Services), 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 Ind Aust Maritime Private Limited
Ind Aust Maritime Private Limited is audited by C N K & Associates LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| C N K & Associates 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 and KMP of Ind Aust Maritime Private Limited
Ind Aust Maritime Private Limited currently reports 3 directors and 1 key managerial person. 3 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajiv Bhatia | Director | 10 Nov 1995 | 30 Years 11 Months | Current |
| Ravi Vedprakash Bhatia Also directs: Castle Ships Private Limited, All Abode Living Private Limited | Director | 18 Nov 1995 | 30 Years 10 Months | Current |
| Jyotin Kantilal Mehta | Director | 30 Nov 2021 | 4 Years 10 Months | Current |
| Vinit Bumb | Cfo | 22 Mar 2024 | 2 Years 6 Months | Current |
Ownership and Shareholding of Ind Aust Maritime Private 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 Ind Aust Maritime Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 06 Sep 2008 | Axis Bank Limited | ₹1.4 Cr | Satisfied |
| 13 Mar 2008 | Axis Bank Limited | ₹8 Cr | Satisfied |
| 28 Jun 2006 | Sundaram Finance Limited | ₹4.26 Lakh | Satisfied |
Total charge records: 3 View all charges
MSME Payment Delays by Ind Aust Maritime Private Limited
Ind Aust Maritime Private Limited has 9 MSME Form 1 returns on record between 2017 and 2019, listing 29 overdue payments to 20 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 20)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Winserve Systems Private Limited | •••• | •••• | •••• |
| Gilpin Tours and Travel Management India Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 9 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.
Associated Brands with Ind Aust Maritime Private Limited
Ind Aust Maritime operates one associated brand: Castle Ships. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Specializes in shipping clean petroleum products via owned tanker fleet globally. | castleships.com |
Employees and EPFO Compliance at Ind Aust Maritime Private Limited
Ind Aust Maritime Private Limited has a workforce of 110 employees as of Apr 03, 2024.
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 Ind Aust Maritime Private Limited
Ind Aust Maritime has 2 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Castle Ships Private Limited | U35110MH2006PTC160145 | Locked |
| All Abode Living Private Limited | U70109MH2020PTC337010 | Locked |
Showing major subsidiaries. Total: 2.
CIN History of Ind Aust Maritime Private Limited
Ind Aust Maritime has one previous CIN (Corporate Identification Number): U99999MH1995PTC094371. The current CIN is U29299MH1995PTC094371, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U29299MH1995PTC094371 | Current |
| U99999MH1995PTC094371 | Previous |
Recent Activity on Ind Aust Maritime Private Limited
Ind Aust Maritime Private Limited has 8 board changes on record since 1995: 6 appointments and 2 cessations. The latest: Vinit Bumb was appointed as CFO on 22 Mar 2024.
7 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Ind Aust Maritime Private 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 Ind Aust Maritime Private 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 Ind Aust Maritime Private Limited
Ind Aust Maritime has 5 GST registrations: 2 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACI7515H1ZM | Maharashtra | Active | 01 Jul 2017 |
| 35AAACI7515H1ZP | Andaman and Nicobar Islands | Active | 01 Jul 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 Ind Aust Maritime Private 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.
Frequently Asked Questions about Ind Aust Maritime Private Limited
Ind Aust Maritime is an active private limited company based in Thane, Maharashtra, India. The company works in industrial machinery retail and distribution, within the machinery and equipment industry. It was incorporated on 10 November 1995 (31+ years old) and is registered under CIN U29299MH1995PTC094371.
Ind Aust Maritime reported revenue of ₹364.99 Cr for FY 2025 (down 6% YoY).
Ind Aust Maritime has 4 current directors and KMP:
- Rajiv Bhatia - Director
- Ravi Vedprakash Bhatia - Director
- Jyotin Kantilal Mehta - Director
- Vinit Bumb - Cfo
Ind Aust Maritime reported a net profit of ₹126.62 Cr (net margin 34.7%) and EBITDA of ₹172.96 Cr (EBITDA margin 47.4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Ind Aust Maritime is 31% over three years and 17% over five years. In the latest year (FY 2025) revenue fell 6%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Ind Aust Maritime is 27AAACI7515H1ZM, registered in Maharashtra. The company has 5 GST registrations in all, of which 2 are active and 3 are cancelled or inactive. Other active GSTINs include 35AAACI7515H1ZP (Andaman and Nicobar Islands).
The CIN (Corporate Identification Number) of Ind Aust Maritime is U29299MH1995PTC094371. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ind Aust Maritime was incorporated on 10 November 1995, making it 31+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Ind Aust Maritime by revenue are SVP Mining Technologies Private Limited, Suchita Millenium Projects Private Limited, Pitney Bowes India Private Limited, Kap Cones Private Limited, Deccan Fasteners Pvt Ltd and 5 more, all in the Machinery and Equipment industry (Machinery and Equipment Retail and Distribution, Shipping Services).
Vinit Bumb was appointed as CFO on 22 Mar 2024. Jyotin Kantilal Mehta was appointed as Director on 30 Nov 2021. Sheshashayee Subramanian Venkatraman ceased to be Director on 26 Dec 2020. Ind Aust Maritime has 8 board changes on record in total.
Ind Aust Maritime has 9 MSME Form 1 returns on record between 2017 and 2019, listing 29 overdue payments to 20 micro and small suppliers. The latest return was filed on 19 Oct 2019.
Ind Aust Maritime can be reached through the website indaust.com. Its registered office is in Thane, Maharashtra, India.