MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-19-0064244
Damani Shipping Pvt Ltd - transport and logistics in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹22.67 Cr
▼ 22% YoY
Net profit · FY 2024
₹3.51 Cr
Net margin 15.5%
EBITDA · FY 2024
₹5.57 Cr
EBITDA margin 24.6%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹1.5 Lakh
Issued & subscribed
Open charges
₹55 Lakh
Secured borrowings
Company age
44 yrs
Est. 1982
Employees · EPFO
35
Provident fund records
About Damani Shipping Pvt Ltd
Data last updated:
Damani Shipping Pvt Ltd is a private limited company based in Mumbai, Maharashtra, India. It operates in the shipping and maritime services segment of the transport and logistics sector. It was incorporated on 28 December 1982 and has been in existence for over 44 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U63012MH1982PTC028986. Its GSTIN is 27AAACD5533A1Z7 (Maharashtra). The company holds 6 GST registrations, of which 4 are active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1.5 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 Verma Chambershomji Street, Mumbai, Maharashtra, India – 400001.
As per the financials filed for FY 2024, the company reported a revenue of ₹22.67 Cr, a decline of 22% compared to the previous year. For the same year it recorded a net profit of ₹3.51 Cr (net margin 15.5%) and EBITDA of ₹5.57 Cr (EBITDA margin 24.6%). Revenue has declined at a compounded annual rate (CAGR) of 8% over three years and 13% over five years.
The company has about 35 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Damani Group of Companies. As per MCA filings, the company has open charges of ₹55 Lakh on record. Court records list 133 cases involving the company, including 94 filed by the company and 39 filed against it; 22 cases are pending.
Damani Shipping Pvt Ltd is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0064244). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website damanishipping.com.
Company details
CIN U63012MH1982PTC028986
Registration Number 028986
Incorporation Date 28 December 1982
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-19-0064244
Key People
Mahesh Himatlal Damani Director Atul Dhirubhai Damani Director Ashwin Chhotalal Damani Director Recognitions & Rankings of Damani Shipping
Contact details
Damani Shipping Pvt Ltd's registered office is in Mumbai, Maharashtra. Its website is damanishipping.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address205 – 206 Verma Chambershomji Street, Mumbai, Maharashtra, India – 400001
- IndustryTransport and Logistics, Shipping & Maritime Services
To see the full contact details of Damani Shipping Pvt Ltd, buy the company report.
Comprehensive company report
Damani Shipping Pvt Ltd - 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
Brands
Damani Shipping operates one associated brand: Damani Group of Companies. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Transport and logistics services, including shipping, warehousing, and project logistics, are offered in India. | damanishipping.com |
Business activity
The main business activity of Damani Shipping 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 Damani Shipping Pvt Ltd, buy the company report.
Financials of Damani Shipping Pvt Ltd
FY 2024 filings availableDamani Shipping Pvt Ltd reported revenue of ₹22.67 Cr (down 22% YoY) for FY 2024.
Revenue · FY 2024
₹22.67 Cr ▼ 22%
Net profit · FY 2024
₹3.51 Cr margin 15.5%
EBITDA · FY 2024
₹5.57 Cr margin 24.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 22%
3 years · compounded
▲ 8%
5 years · compounded
▼ 13%
EBITDA CAGR growth
1 year
▲ 32%
3 years · compounded
▲ 39%
5 years · compounded
▲ 5%
Revenue has declined at a compounded annual rate (CAGR) of 13% over five years, including a 22% fall in the latest year. EBITDA rose 32% 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 | ₹22.67 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹5.57 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.51 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 24.6% | ||||
| Net Profit Margin | 15.5% | ||||
| 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 Damani Shipping Pvt Ltd, buy the company report.
Board of directors of Damani Shipping Pvt Ltd
Damani Shipping has 5 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
Auditor
Damani Shipping 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 Damani Shipping 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 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Damani Shipping Pvt Ltd, buy the company report.
Charges & borrowings
Open charges
₹55 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Mar 2016 | 100021606 | Standard Chartered Bank | ₹55 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Damani Shipping Pvt Ltd has 133 court cases on record: 94 filed by Damani Shipping, 39 filed against it. 22 cases are pending and 111 are disposed.
Total cases
133
Filed by the company
94
Filed against the company
39
Pending
22
Disposed
111
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 70 | 18 | 15 |
| High courts | 53 | 20 | 6 |
| NCLT | 7 | 0 | 1 |
| Supreme Court | 3 | 1 | 0 |
Cases on record (5 of 133)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, NCLT Chandigarh | Court case (Rst.A (IBC)) | Filed by the company against Jindal Stainless (Hisar) Ltd | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed by the company against M/S. Jindal Saw Limited | Pending |
| High Court, MAHARASHTRA | Appeal | Filed by the company against M/S BLR Logistiks (I) Ltd., Mumbai | Pending |
| High Court, MAHARASHTRA | Interim or miscellaneous application | Filed by the company against Man Industries (India) Limited | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed by the company against M/S. Evergreen Seamless Pipes and Tubes Pvt. Ltd. | Pending |
To see the full case history of Damani Shipping 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 Damani Shipping Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Damani Shipping Pvt Ltd has a workforce of 35 employees on its EPFO records as of Sep 01, 2025, across 3 active EPFO establishments.
Employee count
35
Active EPFO establishments
3
GST
Damani Shipping has 6 GST registrations: 4 active and 2 cancelled or inactive.
Total GSTINs
6
Active
4
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACD5533A1Z7 | Maharashtra | Active | 01 Jul 2017 |
| 24AAACD5533A1ZD | Gujarat | Active | 01 Jul 2017 |
| 33AAACD5533A1ZE | Tamil Nadu | Active | 01 Jul 2017 |
| 37AAACD5533A2Z5 | Andhra Pradesh | Active | 01 Jan 2018 |
To see the full GST registrations and return filing status of Damani Shipping Pvt Ltd, buy the company report.
Recent activity
Damani Shipping Pvt Ltd has 7 board changes on record since 1982: 5 appointments and 2 cessations. The latest: Mitul Minesh Damani was appointed as Director on 12 Oct 2024.
Appointed
Mitul Minesh Damani was appointed as Director.
AGM
Damani Shipping Pvt Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Ceased
Minesh Himatlal Damani ceased to be Director.
Filing
Damani Shipping Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai I.
Charges
A charge with Standard Chartered Bank amounted to Rs. 55.00 Lakh with Charge ID 100021606 was registered on 28 Mar 2016.
Appointed
Kartik Ashwin Damani was appointed as Director.
Ceased
Dhirubhai Chhotalal Damani ceased to be Director.
Appointed
Mahesh Himatlal Damani was appointed as Director.
Appointed
Ashwin Chhotalal Damani was appointed as Director.
Appointed
Atul Dhirubhai Damani was appointed as Director.
Incorporation
28 Dec 1982
Damani Shipping Pvt Ltd was registered on 28 Dec 1982 with Roc Mumbai I & aged 43 years 9 months as per MCA records.
Frequently asked questions
Damani Shipping is an active private limited company based in Mumbai, Maharashtra, India. The company works in shipping and maritime services, within the transport and logistics industry. It was incorporated on 28 December 1982 (44+ years old) and is registered under CIN U63012MH1982PTC028986.
Damani Shipping 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 Damani Shipping 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 Damani Shipping is 27AAACD5533A1Z7, registered in Maharashtra. The company has 6 GST registrations in all, of which 4 are active and 2 are cancelled or inactive. Other active GSTINs include 24AAACD5533A1ZD (Gujarat), 33AAACD5533A1ZE (Tamil Nadu), 37AAACD5533A2Z5 (Andhra Pradesh).
The CIN (Corporate Identification Number) of Damani Shipping is U63012MH1982PTC028986. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Damani Shipping has 133 court cases on record: 94 filed by the company and 39 filed against it. 22 are pending. Most are in the district courts.
Damani Shipping was incorporated on 28 December 1982, making it 44+ 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 was appointed as Director on 15 Jun 2012. Damani Shipping has 7 board changes on record in total.
Yes, Damani Shipping is registered as a small enterprise under Udyam registration (number: UDYAM-MH-19-0064244).
Damani Shipping can be reached through the website damanishipping.com. Its registered office is in Mumbai, Maharashtra, India.