About Hindustan Shipyard Limited
Data last updated:
Hindustan Shipyard Limited is a private limited union government company based in Visakhapatnam, Andhra Pradesh, India. It operates in the shipbuilding and repair services segment of the transport and logistics sector. It was incorporated on 21 January 1952 and has been in existence for over 74 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U74899AP1952GOI076711. Its GSTIN is 37AAACH4275P1Z2 (Andhra Pradesh). The company holds 4 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹304 Cr and a paid-up capital of ₹301.99 Cr. It is led by directors including Girideep Singh (Managing Director) and Venkateswarlu Ganti (Whole-Time Director).
Its last annual general meeting (AGM) was held on 21 July 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Gandhigram Post Office, Visakhapatnam, Andhra Pradesh, India – 530005.
As per the financials filed for FY 2025, the company reported a revenue of ₹1,783.14 Cr, a growth of 19% compared to the previous year. For the same year it recorded a net profit of ₹213.48 Cr (net margin 12%) and EBITDA of ₹318.15 Cr (EBITDA margin 17.8%). Revenue has grown at a compounded annual rate (CAGR) of 34% over three years and 28% over five years.
The company has about 1,160 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Hindustan Shipyard Limited. As per MCA filings, the company has open charges of ₹2,451.43 Cr and satisfied charges of ₹348.5 Cr on record. Court records list 453 cases involving the company, including 193 filed by the company and 266 filed against it; 63 cases are pending. The company has 2 deals on record (2 funding rounds), with disclosed funding of ₹165.18 Cr; the latest was in January 2008.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hslvizag.in.
Company details
CIN history
Hindustan Shipyard has one previous CIN (Corporate Identification Number): U74899DL1952GOI002064. The current CIN is U74899AP1952GOI076711, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74899AP1952GOI076711 | Current |
| U74899DL1952GOI002064 | Previous |
Contact details
Hindustan Shipyard Limited's registered office is in Visakhapatnam, Andhra Pradesh. Its website is hslvizag.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressGandhigram Post Office, Visakhapatnam, Andhra Pradesh, India – 530005
- IndustryTransport and Logistics, Shipbuilding & Repair Services
To see the full contact details of Hindustan Shipyard 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
Brands
Hindustan Shipyard operates one associated brand: Hindustan Shipyard Limited. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Shipbuilding and repair services provided as a government undertaking in India. | hslvizag.in |
Business activity
The main business activity of Hindustan Shipyard is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Hindustan Shipyard Limited, buy the company report.
Financials of Hindustan Shipyard Limited
FY 2025 filings availableHindustan Shipyard Limited reported revenue of ₹1,783.14 Cr (up 19% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 28% over five years, including 19% growth in the latest year. EBITDA rose 69% 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 |
|---|---|---|---|---|---|
| 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 | ₹318.15 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹213.48 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 17.8% | ||||
| Net Profit Margin | 12% | ||||
| 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 Hindustan Shipyard Limited, buy the company report.
Board of directors of Hindustan Shipyard Limited
Hindustan Shipyard has 5 current directors and 45 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajeev Prakash | Nominee Director | 19 May 2025 | 1 Years 5 Months | Current |
| Girideep Singh | Managing Director | 05 Mar 2022 | 4 Years 7 Months | Current |
| Venkateswarlu Ganti | Whole-Time Director | 29 Nov 2024 | 1 Years 10 Months | Current |
| Rakesh Prasad | Whole-Time Director | 07 Dec 2024 | 1 Years 10 Months | Current |
| Kiran Easankarala | Whole-Time Director | 14 Mar 2025 | 1 Years 7 Months | Current |
Auditor
Hindustan Shipyard Limited is audited by Rao & Kumar for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Rao & Kumar | FY 2024 | 03089S |
Shareholding
The shareholding of Hindustan Shipyard Limited 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 Hindustan Shipyard Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Mar 2025 | 101068017 | Indian Bank | ₹300 Cr | Open | |
| 10 Jul 2021 | 100465485 | Others | ₹250 Cr | Open | |
| 25 Sep 2020 | 100388968 | Others | ₹50 Cr | Open | |
| 14 Aug 2019 | 100285841 | Indian Bank | ₹754.43 Cr | Open | |
| 22 Mar 2014 | 10489272 | Indian Bank | ₹300 Cr | Open |
To see the full charge records of Hindustan Shipyard Limited, buy the company report.
Total charge records: 12 View all charges
Deals & funding
Hindustan Shipyard Limited has 2 deals on record (2 funding rounds), with disclosed funding of ₹165.18 Cr; the latest was in January 2008.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2008 | Funding round | ₹157.68 Cr | Investors: President Of India |
| Apr 2006 | Funding round | ₹7.5 Cr | Investors: President Of India |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Hindustan Shipyard Limited has 453 court cases on record: 193 filed by Hindustan Shipyard, 266 filed against it. 63 cases are pending and 390 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 373 | 229 | 54 |
| District courts | 55 | 32 | 7 |
| Supreme Court | 25 | 5 | 2 |
Cases on record (5 of 453)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (0304-Arbitration Law and Other Alternative Dispute Resolution : Challenge to arbitral award, matters relating to execution under Section 36, under Section 34/Section 37 of the Arbitration & Conciliation Act, 1996 and challenges to arbitral award under Arbitration Act, 1940) | Filed by the company against M/S Essar Oil Ltd Mumbai | Disposed |
| High Court of Andhra Pradesh | Arbitration matter | Filed by the company against M/S Anupam Industries Limited | Pending |
| District court, Visakapatnam, Andhra Pradesh | Court case (A.R.B.O.P) | Filed against the company by Srivalli Shipping and Transport Pvt, Ltd | Pending |
| District court, Visakapatnam, Andhra Pradesh | Court case (COS) | Filed by the company against M/S.Visakha Container Terminal Private Limited and 2 others | Pending |
| High Court, ANDHRAPRADESH | Appeal | Filed against the company by Eastern Power Distribution Company of Andhra Pradesh Ltd, and 3 others | Pending |
To see the full case history of Hindustan Shipyard 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
Hindustan Shipyard Limited was last rated by Icra on 02 Sep 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 02 Sep 2021 |
To see the full credit ratings and regulatory alerts of Hindustan Shipyard Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Hindustan Shipyard Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Hindustan Shipyard Limited has a workforce of 1,160 employees on its EPFO records as of Jan 17, 2025, across 4 active EPFO establishments.
GST
Hindustan Shipyard has 4 GST registrations: 3 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AAACH4275P1Z2 | Andhra Pradesh | Active | 01 Jul 2017 |
| 37AAACH4275P1DB | Andhra Pradesh | Active | 03 Oct 2018 |
| 07AAACH4275P2Z4 | Delhi | Active | 03 Dec 2022 |
To see the full GST registrations and return filing status of Hindustan Shipyard Limited, buy the company report.
Recent activity
Hindustan Shipyard Limited has 52 board changes on record since 2007: 7 appointments and 45 cessations. The latest: Girideep Singh ceased to be Whole-Time Director on 31 Jul 2025.
69 earlier events are in the company report.
News
Frequently asked questions
Hindustan Shipyard is an active private limited union government company based in Visakhapatnam, Andhra Pradesh, India. The company works in shipbuilding and repair services, within the transport and logistics industry. It was incorporated on 21 January 1952 (74+ years old) and is registered under CIN U74899AP1952GOI076711.
Hindustan Shipyard has 5 current directors:
- Girideep Singh - Managing Director
- Venkateswarlu Ganti - Whole-Time Director
- Rakesh Prasad - Whole-Time Director
- Kiran Easankarala - Whole-Time Director
- Rajeev Prakash - Nominee Director
The latest financial statements of Hindustan Shipyard on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 21 July 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Hindustan Shipyard is 37AAACH4275P1Z2, registered in Andhra Pradesh. The company has 4 GST registrations in all, of which 3 are active and 1 is cancelled or inactive. Other active GSTINs include 37AAACH4275P1DB (Andhra Pradesh), 07AAACH4275P2Z4 (Delhi).
The CIN (Corporate Identification Number) of Hindustan Shipyard is U74899AP1952GOI076711. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hindustan Shipyard has 453 court cases on record: 193 filed by the company and 266 filed against it. 63 are pending. Most are in the high courts.
Hindustan Shipyard was incorporated on 21 January 1952, making it 74+ years old. It is registered with the Registrar of Companies, Vijayawada.
Hindustan Shipyard has 2 deals on record (2 funding rounds), with disclosed funding of ₹165.18 Cr; the latest was in January 2008.
Girideep Singh ceased to be Whole-Time Director on 31 Jul 2025. Rajeev Prakash was appointed as Nominee Director on 19 May 2025. Shalabh Tyagi ceased to be Nominee Director on 19 May 2025. Hindustan Shipyard has 52 board changes on record in total.
Hindustan Shipyard can be reached through the website hslvizag.in. Its registered office is in Visakhapatnam, Andhra Pradesh, India.