About Jitf Shipyards Limited
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Jitf Shipyards Limited is a public limited company based in Uttar Pradesh, India, a subsidiary of Jindal Saw Limited. It operates in the shipping and maritime services segment of the transport and logistics sector. It was incorporated on 24 January 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U35122UP2007PLC069366. Its GSTIN is 07AABCJ7854M1Z1 (Delhi). The company holds 5 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹27 Cr and a paid-up capital of ₹2 Cr. It was formerly known as Jindal Waterways Limited and Jitf Waterways Limited. It is led by directors including Manoj Kumar Tiwari (Whole-Time Director) and Manish Mishra.
Its last annual general meeting (AGM) was held on 05 June 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at A – 1 Upsidc Industrial Area Nandgaon Road Kosi Kalan, Uttar Pradesh, India – 281403.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.74 Cr, a decline of 71% compared to the previous year. For the same year it recorded a net loss of ₹10.36 Lakh (net margin -5.9%) and EBITDA of ₹4.58 Lakh (EBITDA margin 2.6%). Revenue has declined at a compounded annual rate (CAGR) of 21% over three years and 18% over five years.
The company has about 11 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹25 Cr and satisfied charges of ₹969.59 Cr on record. Court records list 7 cases involving the company, including 6 filed by the company and 1 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website jindalitf.com.
Company details
Name history
Jitf Shipyards has undergone 2 name changes throughout its history. The company was previously known as Jindal Waterways Limited, and Jitf Waterways Limited. The current legal name is Jitf Shipyards Limited.
| Company Name | Status |
|---|---|
| Jitf Shipyards Limited | Current |
| Jindal Waterways Limited | Previous |
| Jitf Waterways Limited | Previous |
CIN history
Jitf Shipyards has one previous CIN (Corporate Identification Number): U35122DL2007PLC158373. The current CIN is U35122UP2007PLC069366, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U35122UP2007PLC069366 | Current |
| U35122DL2007PLC158373 | Previous |
Contact details
Jitf Shipyards Limited's registered office is in Uttar Pradesh. Its website is jindalitf.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressA – 1 Upsidc Industrial Area Nandgaon Road Kosi Kalan, Uttar Pradesh, India – 281403
- IndustryTransport and Logistics, Shipping & Maritime Services
To see the full contact details of Jitf Shipyards 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 activity of Jitf Shipyards is transport and storage. In detail, this covers water transport.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transport and storage | H3 | Water transport |
To see the full business activity and turnover split of Jitf Shipyards Limited, buy the company report.
Financials of Jitf Shipyards Limited
FY 2025 filings availableJitf Shipyards Limited reported revenue of ₹1.74 Cr (down 71% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 18% over five years, including a 71% fall in the latest year. EBITDA fell 97% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹4.58 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹10.36 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.6% | ||||
| Net Profit Margin | -5.9% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Jitf Shipyards Limited, buy the company report.
Board of directors of Jitf Shipyards Limited
Jitf Shipyards has 4 current directors and 25 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manish Mishra | Director | 30 Oct 2020 | 6 Years 0 Months | Current |
| Alok Kumar Also directs: Jindal Urban Waste Management (Bawana) Limited, Jwil Infra Projects Limited, Jitf Urban Infrastructure Services Limited and 5 more | Director | 15 Jan 2013 | 13 Years 9 Months | Current |
| Manoj Kumar Tiwari | Whole-Time Director | 10 Mar 2021 | 5 Years 8 Months | Current |
| Pranay Kumar Also directs: Jindal Urban Waste Management Limited, Jitf Urban Waste Management (Ferozepur) Limited, Jitf Infralogistics Limited and 5 more | Director | 19 May 2017 | 9 Years 5 Months | Current |
Auditor
Jitf Shipyards Limited is audited by N.C. Aggarwal & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N.C. Aggarwal & Co. | FY 2023 | 003273N |
Shareholding
The shareholding of Jitf Shipyards 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 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Jitf Shipyards Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 May 2009 | 10158700 | State Bank of Patiala | ₹25 Cr | Open | |
| 29 Oct 2020 | 100386095 | Idbi Trusteeship Services Limited | ₹40 Cr | Satisfied | |
| 07 Nov 2017 | 100137066 | Idbi Trusteeship Services Limited | ₹100 Cr | Satisfied | |
| 27 Jun 2014 | 10504897 | Icici Bank Limited | ₹123 Cr | Satisfied | |
| 13 Jun 2011 | 10290528 | Icici Bank Limited | ₹134.05 Cr | Satisfied |
To see the full charge records of Jitf Shipyards Limited, buy the company report.
Total charge records: 9 View all charges
Legal cases
Jitf Shipyards Limited has 7 court cases on record: 6 filed by Jitf Shipyards, 1 filed against it. 1 case is pending and 6 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 0 | 0 |
| High courts | 3 | 1 | 1 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (CONP) | Filed by the company against Synergetics Logistics Solutions Pvt. Ltd. | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons warrent Cases SW) | Filed by the company against M-S Doehle Danautic India Pvt Ltd and Other and 2 others | Disposed |
| Bombay High Court | Arbitration matter | Filed by the company against Synergetics Logistics Solutions Pvt. Ltd. | Disposed |
| District court, kachchh at Bhuj, Gujarat | Civil suit | Filed by the company against Seaways Shipping Ltd. and 2 others | Disposed |
| Bombay High Court | Court case (S) | Filed against the company by M/S Gilpin Tours and Travels Management (India) Pvt.Ltd | Disposed |
To see the full case history of Jitf Shipyards 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 Jitf Shipyards Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Jitf Shipyards 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 |
|---|---|---|
| Jindal Intellicom Limited | U74899DL1988PLC033588 |
To see the full group structure of Jitf Shipyards Limited, buy the company report.
Employees & EPFO
Jitf Shipyards Limited has a workforce of 11 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 11 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Jitf Shipyards Limited, buy the company report.
GST
Jitf Shipyards has 5 GST registrations: 3 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AABCJ7854M1Z1 | Delhi | Active | 01 Jul 2017 |
| 19AABCJ7854M1ZW | West Bengal | Active | 01 Jul 2017 |
| 24AABCJ7854M1Z5 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Jitf Shipyards Limited, buy the company report.
Recent activity
Jitf Shipyards Limited has 28 board changes on record since 2009: 4 appointments and 24 cessations. The latest: Sunil Kumar Jain ceased to be Company Secretary on 19 Jan 2022.
41 earlier events are in the company report.
Frequently asked questions
Jitf Shipyards is an active public limited company based in Uttar Pradesh, India. The company works in shipping and maritime services, within the transport and logistics industry. It was incorporated on 24 January 2007 (19+ years old) and is registered under CIN U35122UP2007PLC069366.
Jitf Shipyards has 4 current directors:
- Manoj Kumar Tiwari - Whole-Time Director
- Manish Mishra - Director
- Alok Kumar - Director
- Pranay Kumar - Director
The latest financial statements of Jitf Shipyards on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 05 June 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Jitf Shipyards is 07AABCJ7854M1Z1, registered in Delhi. The company has 5 GST registrations in all, of which 3 are active and 2 are cancelled or inactive. Other active GSTINs include 19AABCJ7854M1ZW (West Bengal), 24AABCJ7854M1Z5 (Gujarat).
The CIN (Corporate Identification Number) of Jitf Shipyards is U35122UP2007PLC069366. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Jitf Shipyards has 7 court cases on record: 6 filed by the company and 1 filed against it. 1 is pending. Most are in the district courts.
Jitf Shipyards was incorporated on 24 January 2007, making it 19+ years old. It is registered with the Registrar of Companies, Kanpur.
Sunil Kumar Jain ceased to be Company Secretary on 19 Jan 2022. Manish Mishra ceased to be Additional Director on 10 Mar 2021. Manoj Kumar Tiwari was appointed as Whole-Time Director on 10 Mar 2021. Jitf Shipyards has 28 board changes on record in total.
Jitf Shipyards can be reached through the website jindalitf.com. Its registered office is in Uttar Pradesh, India.
The registered office of Jitf Shipyards is at A – 1 Upsidc Industrial Area Nandgaon Road Kosi Kalan, Uttar Pradesh, India – 281403.
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