MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-05-0000213
Marinelines Ship Breakers Private Limited
Marinelines Ship Breakers Private Limited - transport and logistics in Bhavnagar, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹40.3 Cr
▲ 12% YoY
Net profit · FY 2025
₹13.89 Lakh
Net margin 0.3%
EBITDA · FY 2025
₹1.13 Cr
EBITDA margin 2.8%
Authorised capital
₹4 Cr
Registered with MCA
Paid-up capital
₹3.91 Cr
Issued & subscribed
Open charges
₹83.94 Cr
Secured borrowings
Company age
29 yrs
Est. 1997
Employees · EPFO
33
Provident fund records
About Marinelines Ship Breakers Private Limited
Data last updated:
Marinelines Ship Breakers Private Limited is a private limited company based in Bhavnagar, Gujarat, India. It operates in the shipbuilding and repair services segment of the transport and logistics sector. It was incorporated on 22 October 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U35117GJ1997PTC033231. Its GSTIN is 24AABCM0293P1Z9 (Gujarat).
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹3.91 Cr. It is led by directors Kamal Khemka and Pawan Kumar Khemka.
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 16 Aristo Complex Waghawadi Road, Bhavnagar, Gujarat, India – 364001.
As per the financials filed for FY 2025, the company reported a revenue of ₹40.3 Cr, a growth of 12% compared to the previous year. For the same year it recorded a net profit of ₹13.89 Lakh (net margin 0.3%) and EBITDA of ₹1.13 Cr (EBITDA margin 2.8%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 25% over five years.
The company has about 33 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹83.94 Cr on record. Court records list 1 case involving the company, including 1 filed against it.
Marinelines Ship Breakers Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-05-0000213). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U35117GJ1997PTC033231
Registration Number 033231
Incorporation Date 22 October 1997
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-05-0000213
Key People
Kamal Khemka Director Pawan Kumar Khemka Director Recognitions & Rankings of Marinelines Ship Breakers
Contact details
Marinelines Ship Breakers Private Limited's registered office is in Bhavnagar, Gujarat. Its e-mail address is in the company report.
- Email
- Registered Address16 Aristo Complex Waghawadi Road, Bhavnagar, Gujarat, India – 364001
- IndustryTransport and Logistics, Shipbuilding & Repair Services
To see the full contact details of Marinelines Ship Breakers Private Limited, buy the company report.
Comprehensive company report
Marinelines Ship Breakers Private 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Marinelines Ship Breakers is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Marinelines Ship Breakers Private Limited, buy the company report.
Financials of Marinelines Ship Breakers Private Limited
FY 2025 filings availableMarinelines Ship Breakers Private Limited reported revenue of ₹40.3 Cr (up 12% YoY) for FY 2025.
Revenue · FY 2025
₹40.3 Cr ▲ 12%
Net profit · FY 2025
₹13.89 Lakh margin 0.3%
EBITDA · FY 2025
₹1.13 Cr margin 2.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 12%
3 years · compounded
▲ 9%
5 years · compounded
▲ 25%
EBITDA CAGR growth
1 year
▲ 178%
3 years · compounded
▼ 7%
5 years · compounded
▲ 13%
Revenue has grown at a compounded annual rate (CAGR) of 25% over five years, including 12% growth in the latest year. EBITDA rose 178% 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 | ₹1.13 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹13.89 Lakh | ||||
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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 | 2.8% | ||||
| Net Profit Margin | 0.3% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Marinelines Ship Breakers Private Limited, buy the company report.
Board of directors of Marinelines Ship Breakers Private Limited
Marinelines Ship Breakers has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kamal Khemka Also directs: Astrionics Private Limited, Marino Shipbreaking Private Limited | Director | 22 Oct 1997 | 29 Years 0 Months | Current |
| Pawan Kumar Khemka Also directs: Marino Shipbreaking Private Limited, Saga Exports Private Limited | Director | 22 Oct 1997 | 29 Years 0 Months | Current |
Auditor
Marinelines Ship Breakers Private Limited is audited by P D GOPLANI & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P D GOPLANI & ASSOCIATES | FY 2021 | 118023W |
Shareholding
The shareholding of Marinelines Ship Breakers Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Marinelines Ship Breakers Private Limited, buy the company report.
Charges & borrowings
Open charges
₹83.94 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Dec 2021 | 100520569 | Others | ₹61 Lakh | Open | |
| 31 Dec 2002 | 90099602 | Others | ₹80.33 Cr | Open | |
| 27 Aug 1998 | 90098883 | Punjab National Bank | ₹3 Cr | Open |
To see the full charge records of Marinelines Ship Breakers Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Marinelines Ship Breakers Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Total cases
1
Filed against the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| Supreme Court | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (0432-Indirect Taxes Matters : Appeals u/s 130 E of Customs Act, 1962) | Filed against the company by Commissioner of Customs Jamnagar (Prev) Commissioner of Customs Jamnagar (Prev) Sharda House, Bedi Bandar Road, Opp. Panchavati ,Jamnagar , Gujarat | Disposed |
To see the full case history of Marinelines Ship Breakers 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
Marinelines Ship Breakers Private Limited was last rated by Icra on 30 Nov 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 30 Nov 2021 |
To see the full credit ratings and regulatory alerts of Marinelines Ship Breakers Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Marinelines Ship Breakers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Marinelines Ship Breakers Private Limited has a workforce of 33 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
Employee count
33
Active EPFO establishments
1
Employee growth
175%
GST
Marinelines Ship Breakers has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCM0293P1Z9 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Marinelines Ship Breakers Private Limited, buy the company report.
Recent activity
Marinelines Ship Breakers Private Limited has 2 board changes on record since 1997: 2 appointments. The latest: Kamal Khemka was appointed as Director on 22 Oct 1997.
AGM
Marinelines Ship Breakers Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Marinelines Ship Breakers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Others of Rs. 80.33 Cr registered on 31 Dec 2002 with Charge ID 90099602 was modified on 18 May 2023.
Charges
A charge with Others amounted to Rs. 0.61 Cr with Charge ID 100520569 was registered on 29 Dec 2021.
Charges
A charge with Others amounted to Rs. 80.33 Cr with Charge ID 90099602 was registered on 31 Dec 2002.
Charges
A charge with Punjab National Bank of Rs. 3.00 Cr registered on 27 Aug 1998 with Charge ID 90098883 was modified on 10 Feb 1999.
Charges
A charge with Punjab National Bank amounted to Rs. 3.00 Cr with Charge ID 90098883 was registered on 27 Aug 1998.
Appointed
Kamal Khemka was appointed as Director.
Appointed
Pawan Kumar Khemka was appointed as Director.
Incorporation
22 Oct 1997
Marinelines Ship Breakers Private Limited was registered on 22 Oct 1997 with Roc Ahmedabad & aged 29 years 6 days as per MCA records.
Frequently asked questions
Marinelines Ship Breakers is an active private limited company based in Bhavnagar, Gujarat, India. The company works in shipbuilding and repair services, within the transport and logistics industry. It was incorporated on 22 October 1997 (29+ years old) and is registered under CIN U35117GJ1997PTC033231.
Marinelines Ship Breakers has 2 current directors:
- Kamal Khemka - Director
- Pawan Kumar Khemka - Director
The latest financial statements of Marinelines Ship Breakers 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 Marinelines Ship Breakers is 24AABCM0293P1Z9, registered in Gujarat.
The CIN (Corporate Identification Number) of Marinelines Ship Breakers is U35117GJ1997PTC033231. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Marinelines Ship Breakers has 1 court case on record: 1 filed against it.
Marinelines Ship Breakers was incorporated on 22 October 1997, making it 29+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Kamal Khemka was appointed as Director on 22 Oct 1997. Pawan Kumar Khemka was appointed as Director on 22 Oct 1997.
Yes, Marinelines Ship Breakers is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-05-0000213).
The registered office of Marinelines Ship Breakers is at 16 Aristo Complex Waghawadi Road, Bhavnagar, Gujarat, India – 364001.