- Category
- Small (2024-25)
- Udyam number
- UDYAM-AP-10-0006553

About Jyothi Marine Services Private Limited
Data last updated:
Jyothi Marine Services Private Limited is a private limited company based in Visakhapatnam, Andhra Pradesh, India. It operates in the shipping and maritime services segment of the transport and logistics sector. It was incorporated on 23 January 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U61100AP2008PTC057297. Its GSTIN is 37AABCJ9343H1ZD (Andhra Pradesh). The company holds 4 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Kasi Viswanatha Raju Sagi (Managing Director) and Sai Venkata Koushik Varma Sagi.
Its last annual general meeting (AGM) was held on 13 October 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at D.No.11 – 9 – 16/B1 Flat No.100 Sri Vishnu Apartment Daspalla Hills Pandurangapuram, Visakhapatnam, Andhra Pradesh, India – 530003.
As per the financials filed for FY 2024, the company reported a revenue of ₹68.42 Cr, a growth of 65% compared to the previous year. For the same year it recorded a net profit of ₹1.09 Cr (net margin 1.6%) and EBITDA of ₹1.87 Cr (EBITDA margin 2.7%). Revenue has grown at a compounded annual rate (CAGR) of 33% over three years and 25% over five years.
The company is associated with 1 brand: Jyothi Group. As per MCA filings, the company has open charges of ₹4.36 Cr on record.
Jyothi Marine Services Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-AP-10-0006553). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website jyothigroup.com.
Company details
Recognitions & Rankings of Jyothi Marine Services
Contact details
Jyothi Marine Services Private Limited's registered office is in Visakhapatnam, Andhra Pradesh. Its website is jyothigroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressD.No.11 – 9 – 16/B1 Flat No.100 Sri Vishnu Apartment Daspalla Hills Pandurangapuram, Visakhapatnam, Andhra Pradesh, India – 530003
- IndustryTransport and Logistics, Shipping & Maritime Services, Carrying & Forwarding Agents (CFA)
To see the full contact details of Jyothi Marine Services Private 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
Brands
Jyothi Marine Services operates one associated brand: Jyothi Group. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Shipping agency, marine services, and logistics operations in India. | jyothigroup.com |
Business activity
The main business activity of Jyothi Marine Services is transportation and storage. In detail, this covers warehousing and support activities for transportation.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transportation and storage | 52 | Warehousing and support activities for transportation |
To see the full business activity and turnover split of Jyothi Marine Services Private Limited, buy the company report.
Financials of Jyothi Marine Services Private Limited
FY 2025 filings availableJyothi Marine Services Private Limited reported revenue of ₹68.42 Cr (up 65% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 25% over five years, including 65% growth in the latest year. EBITDA rose 85% 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
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| EBITDA | ₹1.87 Cr | ||||
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| Net Profit (PAT) | ₹1.09 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 2.7% | ||||
| Net Profit Margin | 1.6% | ||||
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To see the full financial statements and ratios of Jyothi Marine Services Private Limited, buy the company report.
Board of directors of Jyothi Marine Services Private Limited
Jyothi Marine Services has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sai Venkata Koushik Varma Sagi Also directs: Jyothi Estates Private Limited, Jyothi Resources Private Limited | Director | 22 Jun 2020 | 6 Years 4 Months | Current |
| Satya Chandra Ashwik Varma Sagi Also directs: Jyothi Estates Private Limited, Jyothi Resources Private Limited | Director | 22 Jun 2020 | 6 Years 4 Months | Current |
| Kasi Viswanatha Raju Sagi Also directs: Jyothi Estates Private Limited | Managing Director | 23 Jan 2008 | 18 Years 9 Months | Current |
| Lakshmi Devi Sagi Also directs: Jyothi Estates Private Limited, Jyothi Resources Private Limited | Director | 23 Jan 2008 | 18 Years 9 Months | Current |
Auditor
Jyothi Marine Services Private Limited is audited by SANKARAN & KRISHNAN for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SANKARAN & KRISHNAN | FY 2023 | 003582S |
Shareholding
The shareholding of Jyothi Marine Services 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 category | FY 2023 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Jyothi Marine Services Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Aug 2024 | 100994575 | Hdfc Bank Limited | ₹26 Lakh | Open | |
| 04 Dec 2023 | 100870991 | Hdfc Bank Limited | ₹30 Lakh | Open | |
| 23 Nov 2023 | 100860265 | Hdfc Bank Limited | ₹22.5 Lakh | Open | |
| 13 Nov 2023 | 100851609 | Hdfc Bank Limited | ₹27 Lakh | Open | |
| 27 Jul 2021 | 100486185 | Hdfc Bank Limited | ₹15.88 Lakh | Open |
To see the full charge records of Jyothi Marine Services Private Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
No court or tribunal cases involving Jyothi Marine Services Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Jyothi Marine Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Jyothi Marine Services has 4 GST registrations: 3 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AABCJ9343H1ZD | Andhra Pradesh | Active | 01 Jul 2017 |
| 21AABCJ9343H1ZQ | Odisha | Active | 08 Jul 2017 |
| 29AABCJ9343H1ZA | Karnataka | Active | 08 Jul 2017 |
To see the full GST registrations and return filing status of Jyothi Marine Services Private Limited, buy the company report.
Recent activity
Jyothi Marine Services Private Limited has 6 board changes on record since 2008: 4 appointments and 2 cessations. The latest: Sai Venkata Koushik Varma Sagi ceased to be Additional Director on 31 Dec 2020.
5 earlier events are in the company report.
Frequently asked questions
Jyothi Marine Services is an active private limited company based in Visakhapatnam, Andhra Pradesh, India. The company works in shipping and maritime services, within the transport and logistics industry. It was incorporated on 23 January 2008 (18+ years old) and is registered under CIN U61100AP2008PTC057297.
Jyothi Marine Services has 4 current directors:
- Kasi Viswanatha Raju Sagi - Managing Director
- Sai Venkata Koushik Varma Sagi - Director
- Satya Chandra Ashwik Varma Sagi - Director
- Lakshmi Devi Sagi - Director
The latest financial statements of Jyothi Marine Services on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 13 October 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Jyothi Marine Services is 37AABCJ9343H1ZD, registered in Andhra Pradesh. The company has 4 GST registrations in all, of which 3 are active and 1 is cancelled or inactive. Other active GSTINs include 21AABCJ9343H1ZQ (Odisha), 29AABCJ9343H1ZA (Karnataka).
The CIN (Corporate Identification Number) of Jyothi Marine Services is U61100AP2008PTC057297. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Jyothi Marine Services was incorporated on 23 January 2008, making it 18+ years old. It is registered with the Registrar of Companies, Vijayawada.
Sai Venkata Koushik Varma Sagi ceased to be Additional Director on 31 Dec 2020. Satya Chandra Ashwik Varma Sagi ceased to be Additional Director on 31 Dec 2020. Sai Venkata Koushik Varma Sagi was appointed as Director on 22 Jun 2020. Jyothi Marine Services has 6 board changes on record in total.
Yes, Jyothi Marine Services is registered as a small enterprise under Udyam registration (number: UDYAM-AP-10-0006553).
Jyothi Marine Services can be reached through the website jyothigroup.com. Its registered office is in Visakhapatnam, Andhra Pradesh, India.
The registered office of Jyothi Marine Services is at D.No.11 – 9 – 16B1 Flat No.100 Sri Vishnu Apartment Daspalla Hills Pandurangapuram, Visakhapatnam, Andhra Pradesh, India – 530003.

