Jai Jagdish Shipbreakers Private Limited

Jai Jagdish Shipbreakers Private Limited - transport and logistics in Bhavnagar, Gujarat, India. FY 2026 financials & compliance.
CIN U35117GJ1998PTC034032 Incorporated 29 April 1998 ROC Ahmedabad HQ Bhavnagar, Gujarat, India
Active Private Limited Company transport and logistics MSME · Small
Data last updated
Revenue · FY 2025
₹4.22 Cr
▼ 39% YoY
Net profit · FY 2025
₹94.56 Lakh
Net margin 22.4%
EBITDA · FY 2025
₹3.58 Cr
EBITDA margin 84.8%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹4.75 Cr
Issued & subscribed
Open charges
₹286.77 Cr
Satisfied ₹149.23 Cr
Company age
28 yrs
Est. 1998
Employees · EPFO
9
Provident fund records

About Jai Jagdish Shipbreakers Private Limited

Data last updated:

Jai Jagdish Shipbreakers Private Limited is a private limited company based in Bhavnagar, Gujarat, India. It operates in the shipping and maritime services segment of the transport and logistics sector. It was incorporated on 29 April 1998 and has been in existence for over 28 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U35117GJ1998PTC034032. Its GSTIN is 24AAACJ7062N1ZC (Gujarat).

The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.75 Cr. It is led by directors Devang Ashwinbhai Gujarati and Ashwinkumar Bhagwanbhai Gujarati.

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 24 Krishna Park, Bhavnagar, Gujarat.

As per the financials filed for FY 2025, the company reported a revenue of ₹4.22 Cr, a decline of 39% compared to the previous year. For the same year it recorded a net profit of ₹94.56 Lakh (net margin 22.4%) and EBITDA of ₹3.58 Cr (EBITDA margin 84.8%). Revenue has declined at a compounded annual rate (CAGR) of 54% over three years and 34% over five years.

The company has about 9 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹286.77 Cr and satisfied charges of ₹149.23 Cr on record. Court records list 4 cases involving the company, including 2 filed by the company and 2 filed against it. The company has 6 deals on record (4 funding rounds, 2 secondary share transfers), with disclosed funding of ₹6.9 Cr; the latest was in March 2018. The company has 1 MSME Form 1 return on record for the period ending Mar 2015, listing 1 overdue payment to 1 micro and small supplier.

Jai Jagdish Shipbreakers Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-05-0000921). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sachdevagroup.in.

Company details

CIN U35117GJ1998PTC034032
Registration Number 034032
Incorporation Date 29 April 1998
ROC Ahmedabad
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 Small
Udyam Registration UDYAM-GJ-05-0000921
Key People
Devang Ashwinbhai Gujarati Director Ashwinkumar Bhagwanbhai Gujarati Director

Recognitions & Rankings of Jai Jagdish Shipbreakers

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-GJ-05-0000921

Contact details

Jai Jagdish Shipbreakers Private Limited's registered office is in Bhavnagar, Gujarat. Its website is sachdevagroup.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    sachdevagroup.in
  • Registered Address
    Plot No.1/24 Krishna Park Society, Near Water Tank Victoria Park Road, Bhavnagar, Gujarat, India – 364002
  • Industry
    Transport and Logistics, Shipping & Maritime Services

To see the full contact details of Jai Jagdish Shipbreakers Private Limited, buy the company report.

Comprehensive company report
Jai Jagdish Shipbreakers 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 activity of Jai Jagdish Shipbreakers is manufacturing. In detail, this covers metal and metal products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC7Metal and metal products

To see the full business activity and turnover split of Jai Jagdish Shipbreakers Private Limited, buy the company report.

Financials of Jai Jagdish Shipbreakers Private Limited

FY 2025 filings available

Jai Jagdish Shipbreakers Private Limited reported revenue of ₹4.22 Cr (down 39% YoY) for FY 2025.

Revenue · FY 2025
₹4.22 Cr ▼ 39%
Net profit · FY 2025
₹94.56 Lakh margin 22.4%
EBITDA · FY 2025
₹3.58 Cr margin 84.8%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 39%
3 years · compounded
▼ 54%
5 years · compounded
▼ 34%
EBITDA CAGR growth
1 year
▲ 3%
3 years · compounded
▼ 15%
5 years · compounded
▼ 5%

Revenue has declined at a compounded annual rate (CAGR) of 34% over five years, including a 39% fall in the latest year. EBITDA rose 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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₹3.58 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹94.56 Lakh
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 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin84.8%
Net Profit Margin22.4%
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 Jai Jagdish Shipbreakers Private Limited, buy the company report.

Board of directors of Jai Jagdish Shipbreakers Private Limited

Jai Jagdish Shipbreakers has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Devang Ashwinbhai Gujarati
Also directs: Sachdeva Steel Products (Ship Breakers) LLP
Director10 Nov 20232 Years 11 MonthsCurrent
Ashwinkumar Bhagwanbhai Gujarati
Also directs: Sachdeva Steel Products (Ship Breakers) LLP, Devang Synthetics Pvt Ltd
Director01 Sep 200323 Years 2 MonthsCurrent
View all directors

Auditor

Jai Jagdish Shipbreakers Private Limited is audited by J Vasania & Associates for the financial year 2022.

Auditor firmFinancial yearFirm registration number
J Vasania & AssociatesFY 2022117332W

Shareholding

The shareholding of Jai Jagdish Shipbreakers Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2022FY 2021FY 2020FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Jai Jagdish Shipbreakers Private Limited, buy the company report.

Charges & borrowings

Open charges
₹286.77 Cr
Satisfied charges
₹149.23 Cr
Breakdown by lending institutions
State Bank of India₹286.77 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
04 May 2023100717415State Bank of India₹100 CrOpen
01 Nov 201110319793State Bank of India₹156.77 CrOpen
01 Oct 200910181323State Bank of India₹30 CrOpen
06 May 200480054144State Bank of Saurashtra₹140 CrSatisfied
03 Nov 199890106310Bank of Baroda₹9.23 CrSatisfied

To see the full charge records of Jai Jagdish Shipbreakers Private Limited, buy the company report.

Total charge records: 5 View all charges

Deals & funding

Jai Jagdish Shipbreakers Private Limited has 6 deals on record (4 funding rounds, 2 secondary share transfers), with disclosed funding of ₹6.9 Cr; the latest was in March 2018.

Total deals
6
Funding rounds
4
Secondary share transfers
2
Disclosed funding
₹6.9 Cr

Deals on record (5 of 6)

WhenDealAmountParties
Mar 2018Funding round₹2.75 CrInvestors: 4 individuals
Nov 2017Secondary share transferUndisclosedBuyer: an individual
Seller: 2 individuals
Apr 2017Secondary share transferUndisclosedBuyer: 2 individuals
Seller: 2 individuals
Mar 2009Funding round₹2.5 CrInvestors: Artillegence Bio-Innovations Limited , Gyaneshwar Trading & Finance Company Limited, Sidh Housing Development Company Limited
Sep 2008Funding round₹65 LakhInvestors: 4 individuals

To see the full deal history of Jai Jagdish Shipbreakers Private Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Credit ratings & regulatory alerts

Jai Jagdish Shipbreakers Private Limited was last rated by Crisil on 11 Oct 2021.

Rating agencyRated onRating
Crisil11 Oct 2021

To see the full credit ratings and regulatory alerts of Jai Jagdish Shipbreakers Private Limited, buy the company report.

MSME payment delays

Jai Jagdish Shipbreakers Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2015, listing 1 overdue payment to 1 micro and small supplier. 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 (1 of 1)

SupplierAmount dueDue sinceReported on
G. K Choksi & Co

To see the full MSME payment records of Jai Jagdish Shipbreakers Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Jai Jagdish Shipbreakers Private Limited has a workforce of 9 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.

Employee count
9
Active EPFO establishments
1
Employee growth
-81.25%

GST

Jai Jagdish Shipbreakers has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AAACJ7062N1ZCGujaratActive01 Jul 2017

To see the full GST registrations and return filing status of Jai Jagdish Shipbreakers Private Limited, buy the company report.

Recent activity

Jai Jagdish Shipbreakers Private Limited has 4 board changes on record since 2003: 2 appointments and 2 cessations. The latest: Devang Ashwinbhai Gujarati ceased to be Additional Director on 29 Sep 2024.

AGM
Jai Jagdish Shipbreakers Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Jai Jagdish Shipbreakers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Ceased
Devang Ashwinbhai Gujarati ceased to be Additional Director.
Appointed
Devang Ashwinbhai Gujarati was appointed as Director.
Ceased
Jayesh Kunvarjibhai Dhanani ceased to be Director.
Charges
A charge with State Bank Of India amounted to Rs. 100.00 Cr with Charge ID 100717415 was registered on 04 May 2023.
Charges
A charge registered on 06 May 2004 via Charge ID 80054144 with State Bank Of Saurashtra was fully satisfied on 04 May 2013.
Charges
A charge with State Bank Of India of Rs. 156.77 Cr registered on 01 Nov 2011 with Charge ID 10319793 was modified on 02 Jan 2012.
Charges
A charge with State Bank Of India amounted to Rs. 156.77 Cr with Charge ID 10319793 was registered on 01 Nov 2011.
Charges
A charge with State Bank Of India amounted to Rs. 30.00 Cr with Charge ID 10181323 was registered on 01 Oct 2009.
Charges
A charge registered on 03 Nov 1998 via Charge ID 90106310 with Bank Of Baroda was fully satisfied on 08 May 2004.
Charges
A charge with State Bank Of Saurashtra amounted to Rs. 140.00 Cr with Charge ID 80054144 was registered on 06 May 2004.

3 earlier events are in the company report.

Frequently asked questions

Jai Jagdish Shipbreakers is an active private limited company based in Bhavnagar, Gujarat, India. The company works in shipping and maritime services, within the transport and logistics industry. It was incorporated on 29 April 1998 (28+ years old) and is registered under CIN U35117GJ1998PTC034032.

Jai Jagdish Shipbreakers has 2 current directors:

The latest financial statements of Jai Jagdish Shipbreakers 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 Jai Jagdish Shipbreakers is 24AAACJ7062N1ZC, registered in Gujarat.

The CIN (Corporate Identification Number) of Jai Jagdish Shipbreakers is U35117GJ1998PTC034032. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Jai Jagdish Shipbreakers has 4 court cases on record: 2 filed by the company and 2 filed against it. Most are in the high courts.

Jai Jagdish Shipbreakers was incorporated on 29 April 1998, making it 28+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Jai Jagdish Shipbreakers has 6 deals on record (4 funding rounds, 2 secondary share transfers), with disclosed funding of ₹6.9 Cr; the latest was in March 2018.

Devang Ashwinbhai Gujarati ceased to be Additional Director on 29 Sep 2024. Devang Ashwinbhai Gujarati was appointed as Director on 10 Nov 2023. Jayesh Kunvarjibhai Dhanani ceased to be Director on 10 Nov 2023. Jai Jagdish Shipbreakers has 4 board changes on record in total.

Yes, Jai Jagdish Shipbreakers is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-05-0000921).

Jai Jagdish Shipbreakers has 1 MSME Form 1 return on record for the period ending Mar 2015, listing 1 overdue payment to 1 micro and small supplier. The latest return was filed on 25 May 2019.