India's Richest People 2026 edition · 2 directors · Source: Hurun India
- #551 Pheroze K Mistry ₹6,100 Cr
- #551 Mehli K Mistry ₹6,100 Cr
Revenue · FY 2025
₹256.71 Cr
▼ 22% YoY
Net profit · FY 2025
₹141.36 Cr
Net margin 55.1%
EBITDA · FY 2025
₹180.82 Cr
EBITDA margin 70.4%
Authorised capital
₹5.05 Cr
Registered with MCA
Paid-up capital
₹3 Lakh
Issued & subscribed
Satisfied charges
₹630.04 Cr
No open charges
Company age
21 yrs
Est. 2005
Directors on board
2
As per MCA filings
About M Pallonji Shipping Pvt Ltd
Data last updated:
M Pallonji Shipping Pvt Ltd is a private limited company based in Mumbai, Maharashtra, India. It operates in the shipping and maritime services segment of the transport and logistics sector. It was incorporated on 26 October 2005 and has been in existence for over 21 years.
Its director Pheroze K Mistry is #551 among India's richest people (2026). Its director Mehli K Mistry is #551 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U63032MH2005PTC157051. Its GSTIN is 27AAECM4615L1ZA (Maharashtra).
The company has an authorised share capital of ₹5.05 Cr and a paid-up capital of ₹3 Lakh. It is led by directors Mehli Kersasp Mistry and Pheroze Kersasp Mistry.
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 46/ A Cawasjipatel Street Fort, Mumbai, Maharashtra, India.
As per the financials filed for FY 2025, the company reported a revenue of ₹256.71 Cr, a decline of 22% compared to the previous year. For the same year it recorded a net profit of ₹141.36 Cr (net margin 55.1%) and EBITDA of ₹180.82 Cr (EBITDA margin 70.4%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years and 15% over five years.
As per MCA filings, the company has satisfied charges of ₹630.04 Cr on record. Court records list 11 cases involving the company, including 8 filed by the company and 3 filed against it; 1 case is pending. The company has 8 deals on record (5 secondary share transfers, 3 funding rounds), with disclosed funding of ₹41.47 Cr; the latest was in July 2016.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mpallonjigroup.com.
Company details
CIN U63032MH2005PTC157051
Registration Number 157051
Incorporation Date 26 October 2005
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
Recognitions & Rankings of M Pallonji Shipping
Contact details
M Pallonji Shipping Pvt Ltd's registered office is in Mumbai, Maharashtra. Its website is mpallonjigroup.com. Its e-mail address is in the company report.
- Email
- Website
- Registered Address46/ A Cawasjipatel Street Fort, Mumbai, Maharashtra, India
- IndustryTransport and Logistics, Shipping & Maritime Services
To see the full contact details of M Pallonji Shipping Pvt Ltd, buy the company report.
Comprehensive company report
M Pallonji Shipping Pvt Ltd - 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 M Pallonji Shipping 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 M Pallonji Shipping Pvt Ltd, buy the company report.
Financials of M Pallonji Shipping Pvt Ltd
FY 2025 filings availableM Pallonji Shipping Pvt Ltd reported revenue of ₹256.71 Cr (down 22% YoY) for FY 2025.
Revenue · FY 2025
₹256.71 Cr ▼ 22%
Net profit · FY 2025
₹141.36 Cr margin 55.1%
EBITDA · FY 2025
₹180.82 Cr margin 70.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 22%
3 years · compounded
▲ 16%
5 years · compounded
▲ 15%
EBITDA CAGR growth
1 year
▼ 25%
3 years · compounded
▲ 27%
5 years · compounded
▲ 16%
Revenue fell 22% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 15%. EBITDA fell 25% 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 |
|---|---|---|---|---|---|
| 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 | ₹180.82 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹141.36 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 70.4% | ||||
| Net Profit Margin | 55.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of M Pallonji Shipping Pvt Ltd, buy the company report.
Board of directors of M Pallonji Shipping Pvt Ltd
M Pallonji Shipping has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mehli Kersasp Mistry Also directs: Travotel (India) LLP, M Pallonji and Company Private Limited, M Pallonji Investment Advisors Private Limited and 5 more | Director | 26 Oct 2005 | 21 Years 0 Months | Current |
| Pheroze Kersasp Mistry Also directs: Travotel (India) LLP, M Pallonji and Company Private Limited, M Pallonji Investment Advisors Private Limited and 5 more | Director | 26 Oct 2005 | 21 Years 0 Months | Current |
Auditor
M Pallonji Shipping Pvt Ltd is audited by S A R A & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S A R A & ASSOCIATES | FY 2023 | 120927W |
Shareholding
The shareholding of M Pallonji Shipping Pvt Ltd is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of M Pallonji Shipping Pvt Ltd, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹630.04 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Oct 2021 | 100494743 | Hdfc Bank Limited | ₹36 Cr | Satisfied | |
| 25 Apr 2013 | 10423913 | Hdfc Bank Limited | ₹126.9 Cr | Satisfied | |
| 03 Sep 2011 | 10312418 | Hdfc Bank Limited | ₹25 Cr | Satisfied | |
| 09 Aug 2010 | 10242408 | Hdfc Bank Limited | ₹183.11 Cr | Satisfied | |
| 20 Aug 2009 | 10175400 | Hdfc Bank Limited | ₹68 Cr | Satisfied |
To see the full charge records of M Pallonji Shipping Pvt Ltd, buy the company report.
Total charge records: 10 View all charges
Deals & funding
M Pallonji Shipping Pvt Ltd has 8 deals on record (5 secondary share transfers, 3 funding rounds), with disclosed funding of ₹41.47 Cr; the latest was in July 2016.
Total deals
8
Secondary share transfers
5
Funding rounds
3
Disclosed funding
₹41.47 Cr
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2016 | Secondary share transfer | Undisclosed | Seller: M Pallonji & Co Private Limited |
| Mar 2016 | Secondary share transfer | Undisclosed | Seller: M Pallonji & Co Private Limited |
| Jan 2016 | Secondary share transfer | Undisclosed | Seller: M Pallonji & Co Private Limited |
| Nov 2015 | Secondary share transfer | Undisclosed | Seller: M Pallonji & Co Private Limited |
| Feb 2008 | Secondary share transfer | Undisclosed | Seller: M Pallonji & Co Private Limited |
To see the full deal history of M Pallonji Shipping Pvt Ltd, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
M Pallonji Shipping Pvt Ltd has 11 court cases on record: 8 filed by M Pallonji Shipping, 3 filed against it. 1 case is pending and 10 are disposed.
Total cases
11
Filed by the company
8
Filed against the company
3
Pending
1
Disposed
10
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 10 | 2 | 0 |
| District courts | 1 | 1 | 1 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TAMIL NADU | Arbitration matter | Filed by the company against Poompuhar Shipping Corporation Limited, Rep.By Its General Manager, | Disposed |
| High Court, TAMIL NADU | Appeal | Filed by the company against Poompuhar Shipping Corporation Limited, Rep.By Its General Manager, | Disposed |
| High Court, TAMIL NADU | Court case (OSA(CAD)) | Filed by the company against M/S. Poompuhar Shipping Corporation Ltd., and 4 others | Disposed |
| High Court, TAMIL NADU | Arbitration matter | Filed by the company against Tamil Nadu Power Finance and Infrastructure Development Corporation Ltd and 4 others | Disposed |
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed by the company against M/S. Poompuhar Shipping Corporation Ltd., and 4 others | Disposed |
To see the full case history of M Pallonji Shipping Pvt Ltd, 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 M Pallonji Shipping Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
M Pallonji Shipping has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECM4615L1ZA | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of M Pallonji Shipping Pvt Ltd, buy the company report.
Recent activity
M Pallonji Shipping Pvt Ltd has 2 board changes on record since 2005: 2 appointments. The latest: Mehli Kersasp Mistry was appointed as Director on 26 Oct 2005.
AGM
M Pallonji Shipping Pvt Ltd last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
M Pallonji Shipping Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Charges
A charge registered on 14 Oct 2021 via Charge ID 100494743 with Hdfc Bank Limited was fully satisfied on 13 Jun 2024.
Charges
A charge with Hdfc Bank Limited of Rs. 36.00 Cr registered on 14 Oct 2021 with Charge ID 100494743 was modified on 17 Nov 2021.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 36.00 Cr with Charge ID 100494743 was registered on 14 Oct 2021.
Charges
A charge registered on 03 Sep 2011 via Charge ID 10312418 with Hdfc Bank Limited was fully satisfied on 18 Feb 2016.
Charges
A charge registered on 19 May 2009 via Charge ID 10162060 with Hdfc Bank Limited was fully satisfied on 18 Feb 2016.
Charges
A charge registered on 25 Apr 2013 via Charge ID 10423913 with Hdfc Bank Limited was fully satisfied on 11 Jan 2016.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 126.90 Cr with Charge ID 10423913 was registered on 25 Apr 2013.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 25.00 Cr with Charge ID 10312418 was registered on 03 Sep 2011.
Charges
A charge registered on 10 Apr 2007 via Charge ID 10044582 with Kotak Mahindra Bank Limited was fully satisfied on 17 Aug 2011.
Charges
A charge registered on 10 Apr 2007 via Charge ID 10047973 with Kotak Mahindra Bank Limited was fully satisfied on 17 Aug 2011.
17 earlier events are in the company report.
Frequently asked questions
M Pallonji Shipping is an active private limited company based in Mumbai, Maharashtra, India. The company works in shipping and maritime services, within the transport and logistics industry. It was incorporated on 26 October 2005 (21+ years old) and is registered under CIN U63032MH2005PTC157051.
M Pallonji Shipping has 2 current directors:
- Mehli Kersasp Mistry - Director
- Pheroze Kersasp Mistry - Director
The latest financial statements of M Pallonji Shipping 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 M Pallonji Shipping is 27AAECM4615L1ZA, registered in Maharashtra.
The CIN (Corporate Identification Number) of M Pallonji Shipping is U63032MH2005PTC157051. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
M Pallonji Shipping has 11 court cases on record: 8 filed by the company and 3 filed against it. 1 is pending. Most are in the high courts.
M Pallonji Shipping was incorporated on 26 October 2005, making it 21+ years old. It is registered with the Registrar of Companies, Mumbai.
M Pallonji Shipping has 8 deals on record (5 secondary share transfers, 3 funding rounds), with disclosed funding of ₹41.47 Cr; the latest was in July 2016.
Mehli Kersasp Mistry was appointed as Director on 26 Oct 2005. Pheroze Kersasp Mistry was appointed as Director on 26 Oct 2005.
M Pallonji Shipping can be reached through the website mpallonjigroup.com. Its registered office is in Mumbai, Maharashtra, India.
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