Massa Shipping Private Limited
About Massa Shipping Private Limited
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Massa Shipping Private Limited is a private limited company based in Visakhapatnam, Andhra Pradesh, India. It operates in the integrated logistics and supply chain solutions segment of the transport and logistics sector. It was incorporated on 12 February 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U74999AP2018PTC107583. Its GSTIN is 37AALCM6091P1ZK (Andhra Pradesh).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Radhika Mekala and Swathi Ganti.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at 10 – 1 – 133/1 Vkr Towers 60 Feet Road Old Gajuwaka, Visakhapatnam, Andhra Pradesh, India – 530026.
As per the financials filed for FY 2021, the company reported a revenue of ₹4.91 Cr, a decline of 44% compared to the previous year. For the same year it recorded a net profit of ₹2.25 Lakh (net margin 0.5%) and EBITDA of ₹2.5 Lakh (EBITDA margin 0.5%).
Court records list 4 cases involving the company, including 1 filed by the company and 3 filed against it; 1 case is pending.
Company details
Contact details
Massa Shipping Private Limited's registered office is in Visakhapatnam, Andhra Pradesh. Its e-mail address is in the company report.
- Email
- Registered Address10 – 1 – 133/1 Vkr Towers 60 Feet Road Old Gajuwaka, Visakhapatnam, Andhra Pradesh, India – 530026
- IndustryTransport and Logistics, Integrated & Diversified Logistics Services
To see the full contact details of Massa Shipping 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 Massa Shipping is transport and storage. In detail, this covers services incidental to land, water & air transportation.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transport and storage | H5 | Services incidental to land, water & air transportation |
To see the full business activity and turnover split of Massa Shipping Private Limited, buy the company report.
Financials of Massa Shipping Private Limited
FY 2021 filings availableMassa Shipping Private Limited reported revenue of ₹4.91 Cr (down 44% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue fell 44% in the latest year. EBITDA fell 91% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ₹4.91 Cr | |||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹2.5 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹2.25 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 0.5% | |||
| Net Profit Margin | 0.5% | |||
| 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 Massa Shipping Private Limited, buy the company report.
Board of directors of Massa Shipping Private Limited
Massa Shipping has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Radhika Mekala | Director | 12 Feb 2018 | 8 Years 8 Months | Current |
| Swathi Ganti | Director | 26 Apr 2018 | 8 Years 6 Months | Current |
Peer comparison
Massa Shipping Private Limited is compared with the 3 companies closest to it by revenue in the Transport and Logistics industry (Diversified Logistics), with the same principal business activity (services incidental to land, water & air transportation), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Maa Dayalu Transport & Warehouse Private Limited | ₹4.93 Cr (FY 2024) | -22.0% | Indore, Madhya Pradesh, India | |||
| GTSW Transocean Private Limited | ₹4.92 Cr (FY 2025) | 145.0% | Mohali, Punjab, India | |||
| Massa Shipping Private Limitedthis company | ₹4.91 Cr (FY 2021) | ₹2.25 Lakh | 0.5% | -44.0% | Visakhapatnam, Andhra Pradesh, India | |
| Baapni Global Logistics Private Limited | ₹4.91 Cr (FY 2024) | -60.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Massa Shipping Private Limited, buy the company report.
Auditor
Massa Shipping Private Limited is audited by L K R & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| L K R & ASSOCIATES | FY 2021 | 017097S |
Shareholding
The shareholding of Massa Shipping Private Limited is on record for 3 financial years, the latest being FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Massa Shipping Private Limited, buy the company report.
Legal cases
Massa Shipping Private Limited has 4 court cases on record: 1 filed by Massa Shipping, 3 filed against it. 1 case is pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 3 | 1 |
Cases on record (3 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Visakapatnam, Andhra Pradesh | Civil suit | Filed by the company against Shree Radhey Krupa Concast Pvt. Ltd. and 4 others | Pending |
| District court, Visakapatnam, Andhra Pradesh | Civil suit | Filed against the company by M/S Vwin Impex Partnership Firm | Disposed |
| District court, Visakapatnam, Andhra Pradesh | Criminal complaint | Filed against the company by M/S Vwin Impex, Partnership Firm Represented by Guntuboyina Kanaka Durga Satya Vamsidhar | Disposed |
To see the full case history of Massa Shipping 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Massa Shipping Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Massa Shipping has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AALCM6091P1ZK | Andhra Pradesh | Active | 04 Jun 2018 |
To see the full GST registrations and return filing status of Massa Shipping Private Limited, buy the company report.
Recent activity
Massa Shipping Private Limited has 3 board changes on record since 2018: 2 appointments and 1 cessation. The latest: Raghunadh Madireddy ceased to be Director on 04 May 2018.
Frequently asked questions
Massa Shipping is an active private limited company based in Visakhapatnam, Andhra Pradesh, India. The company works in integrated and diversified logistics services, within the transport and logistics industry. It was incorporated on 12 February 2018 (8+ years old) and is registered under CIN U74999AP2018PTC107583.
Massa Shipping has 2 current directors:
- Radhika Mekala - Director
- Swathi Ganti - Director
The latest financial statements of Massa Shipping on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Massa Shipping is 37AALCM6091P1ZK, registered in Andhra Pradesh.
The CIN (Corporate Identification Number) of Massa Shipping is U74999AP2018PTC107583. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Massa Shipping has 4 court cases on record: 1 filed by the company and 3 filed against it. 1 is pending.
Massa Shipping was incorporated on 12 February 2018, making it 8+ years old. It is registered with the Registrar of Companies, Vijayawada.
The peers of Massa Shipping by revenue are Maa Dayalu Transport & Warehouse Private Limited, GTSW Transocean Private Limited, Baapni Global Logistics Private Limited, all in the Transport and Logistics industry (Diversified Logistics), with the same principal business activity (services incidental to land, water & air transportation).
Raghunadh Madireddy ceased to be Director on 04 May 2018. Swathi Ganti was appointed as Director on 26 Apr 2018. Radhika Mekala was appointed as Director on 12 Feb 2018.
The registered office of Massa Shipping is at 10 – 1 – 1331 Vkr Towers 60 Feet Road Old Gajuwaka, Visakhapatnam, Andhra Pradesh, India – 530026.
Massa Shipping operates in the transport and logistics industry, in the integrated and diversified logistics services segment.