About Mitsutor Shipping Agency Pvt.Ltd.
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Mitsutor Shipping Agency Pvt.Ltd. is a private limited company based in Mumbai, Maharashtra, India. It operates in the integrated logistics and supply chain solutions segment of the transport and logistics sector. It was incorporated on 19 March 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U61100MH1993PTC071234. Its GSTIN is 27AAACM3570E1ZP (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1.3 Lakh. It is led by directors including Mahesh Himatlal Damani and Atul Dhirubhai Damani.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 205/206 Varma Chambers Iind Floor Homji Street Fort Bombay – 1., Mumbai, Maharashtra, India.
As per the financials filed for FY 2024, the company reported a revenue of ₹89.07 Cr, a growth of 32% compared to the previous year. For the same year it recorded a net profit of ₹1.29 Cr (net margin 1.5%) and EBITDA of ₹2.8 Cr (EBITDA margin 3.1%). Revenue has grown at a compounded annual rate (CAGR) of 43% over three years and 13% over five years.
The company is associated with 1 brand: Mitsutor Shipping Agency. As per MCA filings, the company has open charges of ₹10 Lakh on record. Court records list 19 cases involving the company, including 2 filed by the company and 17 filed against it; 4 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mitsutor.com.
Company details
Contact details
Mitsutor Shipping Agency Pvt.Ltd.'s registered office is in Mumbai, Maharashtra. Its website is mitsutor.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address205/206 Varma Chambers Iind Floor Homji Street Fort Bombay – 1., Mumbai, Maharashtra, India
- IndustryTransport and Logistics, Integrated & Diversified Logistics Services
To see the full contact details of Mitsutor Shipping Agency Pvt.Ltd., 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
Brands
Mitsutor Shipping Agency operates one associated brand: Mitsutor Shipping Agency. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Shipping agency services, freight management, and transportation solutions in India. | mitsutor.com |
Business activity
The main business activity of Mitsutor Shipping Agency 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 Mitsutor Shipping Agency Pvt.Ltd., buy the company report.
Financials of Mitsutor Shipping Agency Pvt.Ltd.
FY 2024 filings availableMitsutor Shipping Agency Pvt.Ltd. reported revenue of ₹89.07 Cr (up 32% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 13% over five years, including 32% growth in the latest year. EBITDA rose 2% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹89.07 Cr | ||||
| Cost of Materials Consumed | |||||
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| Total Expenses | |||||
| EBITDA | ₹2.8 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.29 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.1% | ||||
| Net Profit Margin | 1.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Mitsutor Shipping Agency Pvt.Ltd., buy the company report.
Board of directors of Mitsutor Shipping Agency Pvt.Ltd.
Mitsutor Shipping Agency has 5 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Auditor
Mitsutor Shipping Agency Pvt.Ltd. is audited by H.P.Bhalekar & Associates for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| H.P.Bhalekar & Associates | FY 2024 | 101134W |
Shareholding
The shareholding of Mitsutor Shipping Agency Pvt.Ltd. is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Mitsutor Shipping Agency Pvt.Ltd., buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Feb 2017 | 100077408 | Standard Chartered Bank | ₹10 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Mitsutor Shipping Agency Pvt.Ltd. has 19 court cases on record: 2 filed by Mitsutor Shipping Agency, 17 filed against it. 4 cases are pending and 15 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 7 | 4 |
| High courts | 7 | 6 | 0 |
| Supreme Court | 4 | 4 | 0 |
Cases on record (5 of 19)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South East, Delhi | Commercial suit | Filed against the company by The New India Assurance Co. Ltd. and 1 other | Disposed |
| Supreme Court | Court case (3600-Admirality And Maritime Laws) | Filed against the company by Mauria Udyog Ltd A Company Incorporated Under the Companies Act, 1956, and Having Its Place of Business at Sector 25, Sohna Road, Opp Gouchi, Octroi Post Faridabad Haryana , District: Faridabad ,Faridabad , Haryana | Disposed |
| Supreme Court | Court case (3600-Admirality And Maritime Laws) | Filed against the company by Jotindra Steel and Tubes Ltd A Company Incorporated Under the Companies Act 1956, and Having Its Registered Office At14/3, Mathura Road Faridabad , District: Faridabad ,Faridabad , Haryana | Disposed |
| Bombay High Court | Court case (APP) | Filed against the company by Jotindra Steel and Tubes Ltd. | Disposed |
| Bombay High Court | Court case (APP) | Filed against the company by Mauria Udyog Ltd. | Disposed |
To see the full case history of Mitsutor Shipping Agency 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 Mitsutor Shipping Agency Pvt.Ltd.; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Mitsutor Shipping Agency has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACM3570E1ZP | Maharashtra | Active | 01 Jul 2017 |
| 33AAACM3570E1ZW | Tamil Nadu | Active | 05 Aug 2017 |
To see the full GST registrations and return filing status of Mitsutor Shipping Agency Pvt.Ltd., buy the company report.
Recent activity
Mitsutor Shipping Agency Pvt.Ltd. has 8 board changes on record since 1993: 5 appointments and 3 cessations. The latest: Mitul Minesh Damani was appointed as Director on 12 Oct 2024.
Frequently asked questions
Mitsutor Shipping Agency is an active private limited company based in Mumbai, Maharashtra, India. The company works in integrated and diversified logistics services, within the transport and logistics industry. It was incorporated on 19 March 1993 (33+ years old) and is registered under CIN U61100MH1993PTC071234.
Mitsutor Shipping Agency has 5 current directors:
- Mahesh Himatlal Damani - Director
- Atul Dhirubhai Damani - Director
- Ashwin Chhotalal Damani - Director
- Kartik Ashwin Damani - Director
- Mitul Minesh Damani - Director
The latest financial statements of Mitsutor Shipping Agency on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Mitsutor Shipping Agency is 27AAACM3570E1ZP, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 33AAACM3570E1ZW (Tamil Nadu).
The CIN (Corporate Identification Number) of Mitsutor Shipping Agency is U61100MH1993PTC071234. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mitsutor Shipping Agency has 19 court cases on record: 2 filed by the company and 17 filed against it. 4 are pending. Most are in the district courts.
Mitsutor Shipping Agency was incorporated on 19 March 1993, making it 33+ years old. It is registered with the Registrar of Companies, Mumbai.
Mitul Minesh Damani was appointed as Director on 12 Oct 2024. Minesh Himatlal Damani ceased to be Director on 10 Sep 2024. Kartik Ashwin Damani ceased to be Additional Director on 10 Aug 2012. Mitsutor Shipping Agency has 8 board changes on record in total.
Mitsutor Shipping Agency can be reached through the website mitsutor.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Mitsutor Shipping Agency is at 205206 Varma Chambers Iind Floor Homji Street Fort Bombay – 1., Mumbai, Maharashtra, India.