M S Shipbreaking Private Limited
About M S Shipbreaking Private Limited
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M S Shipbreaking Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the shipbuilding and repair services segment of the transport and logistics sector. It was incorporated on 10 August 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U63090MH1998PTC116182. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.11 Cr. It is led by directors including Pankaj Maharaja Aggarwal (Managing Director) and Sarla Pankaj Aggarwal.
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at B – 6 Jyoti Buildingantop Hill Road Wadala (East), Mumbai, Maharashtra, India – 400037.
As per the financials filed for FY 2017, the company reported a revenue of ₹38.8 Cr, a decline of 8% compared to the previous year. For the same year it recorded a net profit of ₹11.2 Lakh (net margin 0.3%) and EBITDA of ₹1.68 Cr (EBITDA margin 4.3%). Revenue has declined at a compounded annual rate (CAGR) of 8% over three years.
As per MCA filings, the company has open charges of ₹15.33 Cr on record. Court records list 16 cases involving the company, including 2 filed by the company and 14 filed against it; 5 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
M S Shipbreaking Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressB – 6 Jyoti Buildingantop Hill Road Wadala (East), Mumbai, Maharashtra, India – 400037
- IndustryTransport and Logistics, Shipbuilding & Repair Services
To see the full contact details of M S Shipbreaking 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
Business activity
The main business activity of M S Shipbreaking is professional, scientific and technical. In detail, this covers architecture, engineering activities, technical testing and analysis activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M4 | Architecture, engineering activities, technical testing and analysis activities |
To see the full business activity and turnover split of M S Shipbreaking Private Limited, buy the company report.
Financials of M S Shipbreaking Private Limited
FY 2017 filings availableM S Shipbreaking Private Limited reported revenue of ₹38.8 Cr (down 8% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 8% over three years, including a 8% fall in the latest year. EBITDA rose 21% 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹38.8 Cr | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹1.68 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹11.2 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
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 4.3% | ||
| Net Profit Margin | 0.3% | ||
| 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 M S Shipbreaking Private Limited, buy the company report.
Board of directors of M S Shipbreaking Private Limited
M S Shipbreaking has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pankaj Maharaja Aggarwal | Managing Director | 10 Oct 1998 | 28 Years 0 Months | Current |
| Sarla Pankaj Aggarwal | Director | 10 Oct 1998 | 28 Years 0 Months | Current |
| Punit Pankaj Kumar Agrawal | Director | 01 Apr 2011 | 15 Years 6 Months | Current |
Auditor
M S Shipbreaking Private Limited is audited by M. SHETH & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M. SHETH & CO | FY 2017 | 116371W |
Shareholding
The shareholding of M S Shipbreaking Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of M S Shipbreaking Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Jan 2007 | 10036672 | Others | ₹15.33 Cr | Open |
To see the full charge records of M S Shipbreaking Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
M S Shipbreaking Private Limited has 16 court cases on record: 2 filed by M S Shipbreaking, 14 filed against it. 5 cases are pending and 11 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 12 | 12 | 5 |
| High courts | 3 | 2 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 16)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed against the company by Areeb Rolling Mills Pvt Ltd | Pending |
| NCLT, Mumbai | Insolvency matter | Filed by the company against New Steel Trading Pvt Ltd | Disposed |
| Bombay High Court | Court case (S) | Filed against the company by Areeb Rolling Mills Pvt. Ltd. | Disposed |
| Bombay High Court | Court case (NMA) | Filed against the company by M/S. Areeb Rolling Mills Pvt Ltd | Disposed |
| Bombay High Court | Company petition | Filed by the company against Areeb Rolling Mills Pvt. Ltd. | Disposed |
To see the full case history of M S Shipbreaking Private 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.
Credit ratings & regulatory alerts
M S Shipbreaking Private Limited was last rated by Crisil on 13 Nov 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 13 Nov 2020 |
To see the full credit ratings and regulatory alerts of M S Shipbreaking Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for M S Shipbreaking Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
M S Shipbreaking has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of M S Shipbreaking Private Limited, buy the company report.
Recent activity
M S Shipbreaking Private Limited has 3 board changes on record since 1998: 3 appointments. The latest: Punit Pankaj Kumar Agrawal was appointed as Director on 01 Apr 2011.
Frequently asked questions
M S Shipbreaking is an active private limited company based in Mumbai, Maharashtra, India. The company works in shipbuilding and repair services, within the transport and logistics industry. It was incorporated on 10 August 1998 (28+ years old) and is registered under CIN U63090MH1998PTC116182.
M S Shipbreaking has 3 current directors:
- Pankaj Maharaja Aggarwal - Managing Director
- Sarla Pankaj Aggarwal - Director
- Punit Pankaj Kumar Agrawal - Director
The latest financial statements of M S Shipbreaking on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 September 2017. Year-wise statements from 2015 are in the company report.
No. M S Shipbreaking has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of M S Shipbreaking is U63090MH1998PTC116182. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
M S Shipbreaking has 16 court cases on record: 2 filed by the company and 14 filed against it. 5 are pending. Most are in the district courts.
M S Shipbreaking was incorporated on 10 August 1998, making it 28+ years old. It is registered with the Registrar of Companies, Mumbai.
Punit Pankaj Kumar Agrawal was appointed as Director on 01 Apr 2011. Pankaj Maharaja Aggarwal was appointed as Managing Director on 10 Oct 1998. Sarla Pankaj Aggarwal was appointed as Director on 10 Oct 1998.
The registered office of M S Shipbreaking is at B – 6 Jyoti Buildingantop Hill Road Wadala East, Mumbai, Maharashtra, India – 400037.
M S Shipbreaking operates in the transport and logistics industry, in the shipbuilding and repair services segment.