Maritime Montering Norinco India Private Limited

Maritime Montering Norinco India Private Limited - trading in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U61200MH2010FTC206739 Incorporated 18 August 2010 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Foreign Private Limited Company trading MSME · Small
Data last updated
Revenue · FY 2025
₹25.41 Cr
▲ 28% YoY
Net profit · FY 2025
₹1.83 Cr
Net margin 7.2%
EBITDA · FY 2025
₹2.58 Cr
EBITDA margin 10.2%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹70 Lakh
Issued & subscribed
Open charges
₹11.95 Cr
Satisfied ₹1.1 Cr
Company age
16 yrs
Est. 2010
Employees · EPFO
102
Provident fund records

About Maritime Montering Norinco India Private Limited

Data last updated:

Maritime Montering Norinco India Private Limited is a foreign private limited company based in Mumbai, Maharashtra, India, a subsidiary of Marinacc As. It operates in the retail trading segment of the trading and commerce sector. It was incorporated on 18 August 2010 and has been in existence for over 16 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U61200MH2010FTC206739. Its GSTIN is 27AAGCM7744J1Z0 (Maharashtra). The company holds 5 GST registrations, all of them active.

The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹70 Lakh. It is led by directors including Terje Neras and Steffen Andre Birkeland.

Its last annual general meeting (AGM) was held on 25 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 301 – 302 Orbit Plaza New Prabhadevi Marg Behind Chaitanya Tower Prabhadevi, Mumbai, Maharashtra, India – 400025.

As per the financials filed for FY 2025, the company reported a revenue of ₹25.41 Cr, a growth of 28% compared to the previous year. For the same year it recorded a net profit of ₹1.83 Cr (net margin 7.2%) and EBITDA of ₹2.58 Cr (EBITDA margin 10.2%). Revenue has declined at a compounded annual rate (CAGR) of 3% over three years and 11% over five years.

The company has about 102 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹11.95 Cr and satisfied charges of ₹1.1 Cr on record.

Maritime Montering Norinco India Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KL-02-0015299). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website marinor.co.in.

Company details

CIN U61200MH2010FTC206739
Registration Number 206739
Incorporation Date 18 August 2010
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 25 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Marinacc As
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KL-02-0015299

Recognitions & Rankings of Maritime Montering Norinco India

MSME (Udyam registered) Ministry of MSME
Category
Small (2023-24)
Udyam number
UDYAM-KL-02-0015299

Contact details

Maritime Montering Norinco India Private Limited's registered office is in Mumbai, Maharashtra. Its website is marinor.co.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    301 – 302 Orbit Plaza New Prabhadevi Marg Behind Chaitanya Tower Prabhadevi, Mumbai, Maharashtra, India – 400025
  • Industry
    Trading, Retail Trading, Retailers

To see the full contact details of Maritime Montering Norinco India Private Limited, buy the company report.

Comprehensive company report
Maritime Montering Norinco India 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 activities of Maritime Montering Norinco India are transport and storage and trade. In detail, this covers services incidental to land, water & air transportation and retail trading. 2 activity segments are registered with the MCA.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
HTransport and storageH5Services incidental to land, water & air transportation
GTradeG2Retail Trading

To see the full business activity and turnover split of Maritime Montering Norinco India Private Limited, buy the company report.

Financials of Maritime Montering Norinco India Private Limited

FY 2025 filings available

Maritime Montering Norinco India Private Limited reported revenue of ₹25.41 Cr (up 28% YoY) for FY 2025.

Revenue · FY 2025
₹25.41 Cr ▲ 28%
Net profit · FY 2025
₹1.83 Cr margin 7.2%
EBITDA · FY 2025
₹2.58 Cr margin 10.2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 28%
3 years · compounded
▼ 3%
5 years · compounded
▼ 11%
EBITDA CAGR growth
1 year
▼ 9%
3 years · compounded
▼ 9%
5 years · compounded
▼ 16%

Revenue rose 28% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 11%. EBITDA fell 9% 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 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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₹2.58 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹1.83 Cr
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 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin10.2%
Net Profit Margin7.2%
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 Maritime Montering Norinco India Private Limited, buy the company report.

Board of directors of Maritime Montering Norinco India Private Limited

Maritime Montering Norinco India has 5 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Terje NerasDirector10 Jan 20188 Years 9 MonthsCurrent
Steffen Andre BirkelandDirector10 Jan 20188 Years 9 MonthsCurrent
Nikhil MathewDirector02 Jun 20179 Years 5 MonthsCurrent
Daniel GardenDirector22 Nov 20232 Years 11 MonthsCurrent
George MathewDirector18 Aug 201016 Years 2 MonthsCurrent

Auditor

Maritime Montering Norinco India Private Limited is audited by KURUVILLA & JOSE for the financial year 2023.

Auditor firmFinancial yearFirm registration number
KURUVILLA & JOSEFY 2023001628S

Shareholding

The shareholding of Maritime Montering Norinco India 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Maritime Montering Norinco India Private Limited, buy the company report.

Charges & borrowings

Open charges
₹11.95 Cr
Satisfied charges
₹1.1 Cr
Breakdown by lending institutions
Hdfc Bank Limited₹11.95 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
17 May 2023100740434Hdfc Bank Limited₹11.95 CrOpen
15 Apr 201510579967Hdfc Bank Limited₹1.1 CrSatisfied

To see the full charge records of Maritime Montering Norinco India Private Limited, buy the company report.

Total charge records: 2 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Maritime Montering Norinco India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Maritime Montering Norinco India Private Limited has a workforce of 102 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.

Employee count
102
Active EPFO establishments
1
Employee growth
-43.02%

GST

Maritime Montering Norinco India has 5 GST registrations: 5 active. The first 4 active GSTINs are listed below.

Total GSTINs
5
Active
5
GSTINStateStatusRegistered on
27AAGCM7744J1Z0MaharashtraActive01 Jul 2017
32AAGCM7744J1Z9KeralaActive01 Jul 2017
33AAGCM7744J1Z7Tamil NaduActive01 Jul 2017
30AAGCM7744J1ZDGoaActive09 Jun 2022

To see the full GST registrations and return filing status of Maritime Montering Norinco India Private Limited, buy the company report.

Recent activity

Maritime Montering Norinco India Private Limited has 12 board changes on record since 2010: 5 appointments and 7 cessations. The latest: Daniel Garden was appointed as Director on 22 Nov 2023.

AGM
Maritime Montering Norinco India Private Limited last Annual general meeting of members was held on 25 Sep 2025 as per latest MCA records.
Filing
Maritime Montering Norinco India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Appointed
Daniel Garden was appointed as Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 11.95 Cr with Charge ID 100740434 was registered on 17 May 2023.
Ceased
Steffen Andre Birkeland ceased to be Additional Director.
Ceased
Terje Neras ceased to be Additional Director.
Ceased
Geir Hille Halvorsen ceased to be Director.
Appointed
Steffen Andre Birkeland was appointed as Director.
Appointed
Terje Neras was appointed as Director.
Ceased
Nikhil Mathew ceased to be Additional Director.
Appointed
Nikhil Mathew was appointed as Director.
Charges
A charge registered on 15 Apr 2015 via Charge ID 10579967 with Hdfc Bank Limited was fully satisfied on 03 Oct 2016.

6 earlier events are in the company report.

Frequently asked questions

Maritime Montering Norinco India is an active foreign private limited company based in Mumbai, Maharashtra, India. The company works in retail trading, within the trading industry. It was incorporated on 18 August 2010 (16+ years old) and is registered under CIN U61200MH2010FTC206739.

Maritime Montering Norinco India has 5 current directors:

The latest financial statements of Maritime Montering Norinco India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 25 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Maritime Montering Norinco India is 27AAGCM7744J1Z0, registered in Maharashtra. The company has 5 GST registrations in all, of which 5 are active. Other active GSTINs include 32AAGCM7744J1Z9 (Kerala), 33AAGCM7744J1Z7 (Tamil Nadu), 30AAGCM7744J1ZD (Goa).

The CIN (Corporate Identification Number) of Maritime Montering Norinco India is U61200MH2010FTC206739. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Maritime Montering Norinco India was incorporated on 18 August 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.

Daniel Garden was appointed as Director on 22 Nov 2023. Steffen Andre Birkeland ceased to be Additional Director on 27 Sep 2018. Terje Neras ceased to be Additional Director on 27 Sep 2018. Maritime Montering Norinco India has 12 board changes on record in total.

Yes, Maritime Montering Norinco India is registered as a small enterprise under Udyam registration (number: UDYAM-KL-02-0015299).

Maritime Montering Norinco India can be reached through the website marinor.co.in. Its registered office is in Mumbai, Maharashtra, India.

The registered office of Maritime Montering Norinco India is at 301 – 302 Orbit Plaza New Prabhadevi Marg Behind Chaitanya Tower Prabhadevi, Mumbai, Maharashtra, India – 400025.