Kanika Shipping Limited - metals and minerals in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U35400MH1987PLC044127 Incorporated 21 July 1987 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Public Limited Company metals and minerals
Data last updated
Revenue · FY 2022
₹18.73 Lakh
▲ 3% YoY
Net profit · FY 2022
₹13.99 Lakh
Net margin 74.7%
EBITDA · FY 2022
-₹1.55 Lakh
EBITDA margin -8.3%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹15 Lakh
Issued & subscribed
Open charges
₹2.6 Cr
Satisfied ₹657.68 Cr
Company age
39 yrs
Est. 1987
Directors on board
3
As per MCA filings

About Kanika Shipping Limited

Data last updated:

Kanika Shipping Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the mining and mineral extraction segment of the metals and mining sector. It was incorporated on 21 July 1987 and has been in existence for over 39 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U35400MH1987PLC044127.

The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹15 Lakh. It is led by directors including Neerav Pravin Thaker (Managing Director) and Pratima Pravin Thaker.

Its last annual general meeting (AGM) was held on 03 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 1013 Raheja Centre 214 Nariman Point, Mumbai, Maharashtra, India – 400021.

As per the financials filed for FY 2022, the company reported a revenue of ₹18.73 Lakh, a growth of 3% compared to the previous year. For the same year it recorded a net profit of ₹13.99 Lakh (net margin 74.7%) and EBITDA of -₹1.55 Lakh (EBITDA margin -8.3%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 17% over five years.

As per MCA filings, the company has open charges of ₹2.6 Cr and satisfied charges of ₹657.68 Cr on record.

The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U35400MH1987PLC044127
Registration Number 044127
Incorporation Date 21 July 1987
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 03 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant

Contact details

Kanika Shipping Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    1013 Raheja Centre 214 Nariman Point, Mumbai, Maharashtra, India – 400021
  • Industry
    Metals and Minerals, Mining & Mineral Extraction

To see the full contact details of Kanika Shipping Limited, buy the company report.

Comprehensive company report
Kanika Shipping 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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Financials of Kanika Shipping Limited

FY 2025 filings available

Kanika Shipping Limited reported revenue of ₹18.73 Lakh (up 3% YoY) for FY 2022.

Revenue · FY 2022
₹18.73 Lakh ▲ 3%
Net profit · FY 2022
₹13.99 Lakh margin 74.7%
EBITDA · FY 2022
-₹1.55 Lakh margin -8.3%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 3%
3 years · compounded
▲ 3%
5 years · compounded
▲ 17%

Revenue has grown at a compounded annual rate (CAGR) of 17% over five years, including 3% growth 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 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹18.73 Lakh
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA-₹1.55 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹13.99 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 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Profitability
EBITDA Margin-8.3%
Net Profit Margin74.7%
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

To see the full financial statements and ratios of Kanika Shipping Limited, buy the company report.

Board of directors of Kanika Shipping Limited

Kanika Shipping has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Pratima Pravin ThakerDirector29 Mar 20188 Years 7 MonthsCurrent
Neerav Pravin ThakerManaging Director06 Sep 201313 Years 2 MonthsCurrent
Anvi Neerav ThakerDirector06 Sep 201313 Years 2 MonthsCurrent

Auditor

Kanika Shipping Limited is audited by Ambalal Thakkar & Associates for the financial year 2022.

Auditor firmFinancial yearFirm registration number
Ambalal Thakkar & AssociatesFY 2022122004W

Shareholding

The shareholding of Kanika Shipping 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 Kanika Shipping Limited, buy the company report.

Charges & borrowings

Open charges
₹2.6 Cr
Satisfied charges
₹657.68 Cr
Breakdown by lending institutions
Others₹2.60 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
11 Mar 2024100920981Others₹2.6 CrOpen
28 Mar 2022100579155Others₹1.95 CrSatisfied
26 Feb 201010224937Sbicap Trustee Company Limited₹462.3 CrSatisfied
13 Sep 200710073109State Bank of India₹11.04 CrSatisfied
22 Jun 200590232888State Bank of India₹182.29 CrSatisfied

To see the full charge records of Kanika Shipping Limited, buy the company report.

Total charge records: 6 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Kanika Shipping Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

No GST registration is on our record for Kanika Shipping Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Kanika Shipping Limited has 11 board changes on record since 2013: 3 appointments and 8 cessations. The latest: Anvi Neerav Thaker ceased to be Additional Director on 30 Nov 2021.

AGM
Kanika Shipping Limited last Annual general meeting of members was held on 03 Sep 2025 as per latest MCA records.
Filing
Kanika Shipping Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge with Others amounted to Rs. 2.60 Cr with Charge ID 100920981 was registered on 11 Mar 2024.
Charges
A charge registered on 28 Mar 2022 via Charge ID 100579155 with Others was fully satisfied on 11 Sep 2023.
Charges
A charge with Others amounted to Rs. 1.95 Cr with Charge ID 100579155 was registered on 28 Mar 2022.
Ceased
Anvi Neerav Thaker ceased to be Additional Director.
Ceased
Neerav Pravin Thaker ceased to be Additional Director.
Ceased
Pratima Pravin Thaker ceased to be Additional Director.
Appointed
Pratima Pravin Thaker was appointed as Director.
Ceased
Pravin Jethalal Thaker ceased to be Additional Director.
Ceased
Kirpal Singh ceased to be Director.
Ceased
Manjit Kirpal Singh ceased to be Director.

15 earlier events are in the company report.

Frequently asked questions

Kanika Shipping is an active public limited company based in Mumbai, Maharashtra, India. The company works in mining and mineral extraction, within the metals and minerals industry. It was incorporated on 21 July 1987 (39+ years old) and is registered under CIN U35400MH1987PLC044127.

Kanika Shipping has 3 current directors:

The latest financial statements of Kanika Shipping on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 03 September 2025. Year-wise statements from 2015 are in the company report.

The CIN (Corporate Identification Number) of Kanika Shipping is U35400MH1987PLC044127. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Kanika Shipping was incorporated on 21 July 1987, making it 39+ years old. It is registered with the Registrar of Companies, Mumbai.

Anvi Neerav Thaker ceased to be Additional Director on 30 Nov 2021. Neerav Pravin Thaker ceased to be Additional Director on 30 Nov 2021. Pratima Pravin Thaker ceased to be Additional Director on 30 Nov 2021. Kanika Shipping has 11 board changes on record in total.

The registered office of Kanika Shipping is at 1013 Raheja Centre 214 Nariman Point, Mumbai, Maharashtra, India – 400021.

Kanika Shipping operates in the metals and minerals industry, in the mining and mineral extraction segment.

Kanika Shipping has open charges of ₹2.6 Cr and satisfied charges of ₹657.68 Cr as per latest MCA filings.

The compliance status of Kanika Shipping is compliant as of 18 August 2026. The company is actively filing with the Registrar of Companies.