MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-19-0079286
Ardeshir B Cursetjee and Sons Limited - transport and logistics in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2022
₹34.04 Cr
▲ 526% YoY
Net profit · FY 2022
₹1.1 Cr
Net margin 3.2%
EBITDA · FY 2022
₹4.5 Cr
EBITDA margin 13.2%
Authorised capital
₹121 Cr
Registered with MCA
Paid-up capital
₹120.14 Cr
Issued & subscribed
Open charges
₹14.92 Cr
Satisfied ₹171.79 Cr
Company age
78 yrs
Est. 1948
Employees · EPFO
92
Provident fund records
About Ardeshir B Cursetjee and Sons Limited
Data last updated:
Ardeshir B Cursetjee and Sons Limited is a public 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 30 April 1948 and has been in existence for over 78 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U63090MH1948PLC006322. Its GSTIN is 27AAACA3292M1ZH (Maharashtra). The company holds 13 GST registrations, of which 4 are active.
The company has an authorised share capital of ₹121 Cr and a paid-up capital of ₹120.14 Cr. It is led by directors including Chandrasekar Krishnamurthy and Jimmy Naval Guzdar.
Its last annual general meeting (AGM) was held on 30 December 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Mackinnon Mackenzie Bldg4 S V Marg Ballard Estate, Mumbai, Maharashtra, India – 400001.
As per the financials filed for FY 2022, the company reported a revenue of ₹34.04 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹1.1 Cr (net margin 3.2%) and EBITDA of ₹4.5 Cr (EBITDA margin 13.2%). Revenue has grown at a compounded annual rate (CAGR) of 30% over three years and 10% over five years.
The company has about 92 employees on its provident fund (EPFO) records. Its group structure includes 4 subsidiaries.
The company is associated with 1 brand: Urmila Project Services. As per MCA filings, the company has open charges of ₹14.92 Cr and satisfied charges of ₹171.79 Cr on record. Court records list 103 cases involving the company, including 48 filed by the company and 55 filed against it; 16 cases are pending.
Ardeshir B Cursetjee and Sons Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0079286). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website abcdubash.com.
Company details
CIN U63090MH1948PLC006322
Registration Number 006322
Incorporation Date 30 April 1948
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 December 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-19-0079286
Key People
Chandrasekar Krishnamurthy Director Jimmy Naval Guzdar Director Dipali Divyul Joshi Director Recognitions & Rankings of Ardeshir B Cursetjee and Sons
Contact details
Ardeshir B Cursetjee and Sons Limited's registered office is in Mumbai, Maharashtra. Its website is abcdubash.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressMackinnon Mackenzie Bldg4 S V Marg Ballard Estate, Mumbai, Maharashtra, India – 400001
- IndustryTransport and Logistics, Shipping & Maritime Services
To see the full contact details of Ardeshir B Cursetjee and Sons Limited, buy the company report.
Comprehensive company report
Ardeshir B Cursetjee and Sons 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
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Brands
Ardeshir B Cursetjee and Sons operates one associated brand: Urmila Project Services. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Heavy lift and transportation services in the logistics sector. | abcdubash.com |
Financials of Ardeshir B Cursetjee and Sons Limited
FY 2024 filings availableArdeshir B Cursetjee and Sons Limited reported revenue of ₹34.04 Cr (up 526% YoY) for FY 2022.
Revenue · FY 2022
₹34.04 Cr ▲ 526%
Net profit · FY 2022
₹1.1 Cr margin 3.2%
EBITDA · FY 2022
₹4.5 Cr margin 13.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 526%
3 years · compounded
▼ 30%
5 years · compounded
▲ 10%
EBITDA CAGR growth
3 years · compounded
▲ 6%
5 years · compounded
▲ 27%
Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 526% growth 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹34.04 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹4.5 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.1 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 13.2% | ||||
| Net Profit Margin | 3.2% | ||||
| 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 Ardeshir B Cursetjee and Sons Limited, buy the company report.
Board of directors of Ardeshir B Cursetjee and Sons Limited
Ardeshir B Cursetjee and Sons has 5 current directors and 21 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chandrasekar Krishnamurthy Also directs: Uma Horticulture Private Limited, Alibaug Horticulture Private Limited, Novagreen Horticulture Private Limited and 5 more | Director | 09 Dec 2015 | 10 Years 10 Months | Current |
| Jimmy Naval Guzdar Also directs: Mackinnons Abad Shipping Limited, Abad Transport Private Limited, Malabar Shipping and Transport Limited and 5 more | Director | 26 Mar 2018 | 8 Years 7 Months | Current |
| Dipali Divyul Joshi Also directs: Mackinnon Mackenzie and Co Limited | Director | 30 Mar 2024 | 2 Years 6 Months | Current |
| John Joseph Gomes Also directs: Uma Horticulture Private Limited, Alibaug Horticulture Private Limited, Novagreen Horticulture Private Limited and 5 more | Director | 24 May 2016 | 10 Years 5 Months | Current |
| Dhaval Manoj Dave | Additional Director | 11 Aug 2025 | 1 Years 2 Months | Current |
Auditor
Ardeshir B Cursetjee and Sons Limited is audited by DKP & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DKP & ASSOCIATES | FY 2022 | 126305W |
Shareholding
The shareholding of Ardeshir B Cursetjee and Sons Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ardeshir B Cursetjee and Sons Limited, buy the company report.
Charges & borrowings
Open charges
₹14.92 Cr
Satisfied charges
₹171.79 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Sep 2023 | 100787080 | Others | ₹46.65 Lakh | Open | |
| 02 Aug 2023 | 100770466 | Others | ₹12 Lakh | Open | |
| 18 Aug 2022 | 100605064 | Others | ₹24.95 Lakh | Open | |
| 29 Sep 2018 | 100209254 | Bank of India | ₹8.74 Lakh | Open | |
| 12 Jan 2004 | 10020012 | Icici Bank Limited | ₹14 Cr | Open |
To see the full charge records of Ardeshir B Cursetjee and Sons Limited, buy the company report.
Total charge records: 64 View all charges
Legal cases
Ardeshir B Cursetjee and Sons Limited has 103 court cases on record: 48 filed by Ardeshir B Cursetjee and Sons, 55 filed against it. 16 cases are pending and 87 are disposed.
Total cases
103
Filed by the company
48
Filed against the company
55
Pending
16
Disposed
87
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 62 | 23 | 12 |
| District courts | 38 | 30 | 4 |
| Supreme Court | 3 | 2 | 0 |
Cases on record (5 of 103)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Writ petition | Filed by the company against Bharat Petroleum Corporation Ltd and 6 others | Pending |
| Bombay High Court | Court case (COMSS) | Filed against the company by The Fertilisers and Chemicals Travancore Ltd. | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed against the company by R R Roadways Private Limited | Pending |
| Bombay High Court | Court case (CRE) | Filed by the company against Independent Truck Company Pvt. Ltd | Pending |
| High Court of Madhya Pradesh | Revision petition | Filed against the company by M.P. Power Generating Co Ltd | Disposed |
To see the full case history of Ardeshir B Cursetjee and Sons 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
Ardeshir B Cursetjee and Sons Limited was last rated by Brickwork on 22 Dec 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Brickwork | 22 Dec 2021 |
To see the full credit ratings and regulatory alerts of Ardeshir B Cursetjee and Sons Limited, buy the company report.
MSME payment delays
Ardeshir B Cursetjee and Sons Limited has 5 MSME Form 1 returns on record between 2019 and 2023, listing 73 overdue payments to 4 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (4 of 4)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Jindal Roadways Private Limited | |||
| Purohit & Ashar Marine Services Private Limited | |||
| Asr Logistics (India) Private Limited | |||
| Arul Rubbers Private Limited |
To see the full MSME payment records of Ardeshir B Cursetjee and Sons Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Ardeshir B Cursetjee and Sons has 4 subsidiary companies. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
4
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Ardeshir B. Cursetjee Properties Private Limited | U45309MH2016PTC283047 | |
| Malabar Shipping and Transport Limited | U63090KL1987PLC004926 | |
| Abc Dubash Oil and Gas Private Limited | U65990MH1986PLC040363 | |
| R Sharp and Son ( Shipping ) Pvt Ltd | U99999MH1984PTC033222 |
To see the full group structure of Ardeshir B Cursetjee and Sons Limited, buy the company report.
Employees & EPFO
Ardeshir B Cursetjee and Sons Limited has a workforce of 92 employees on its EPFO records as of Apr 10, 2024, across 2 active EPFO establishments.
Employee count
92
Active EPFO establishments
2
Employee growth
-17.86%
GST
Ardeshir B Cursetjee and Sons has 13 GST registrations: 4 active and 9 cancelled or inactive.
Total GSTINs
13
Active
4
Cancelled / inactive
9
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACA3292M1ZH | Maharashtra | Active | 01 Jul 2017 |
| 24AAACA3292M1ZN | Gujarat | Active | 01 Jul 2017 |
| 32AAACA3292M1ZQ | Kerala | Active | 01 Jul 2017 |
| 21AAACA3292M1ZT | Odisha | Active | 19 May 2022 |
To see the full GST registrations and return filing status of Ardeshir B Cursetjee and Sons Limited, buy the company report.
Recent activity
Ardeshir B Cursetjee and Sons Limited has 22 board changes on record since 2008: 5 appointments and 17 cessations. The latest: Dhaval Manoj Dave was appointed as Additional Director on 11 Aug 2025.
Charges
A charge registered on 10 Aug 2022 via Charge ID 100602078 with Others was fully satisfied on 14 Nov 2025.
Charges
A charge registered on 10 Aug 2022 via Charge ID 100602495 with Others was fully satisfied on 14 Nov 2025.
Appointed
Dhaval Manoj Dave was appointed as Additional Director.
Charges
A charge registered on 27 Aug 2021 via Charge ID 100476569 with Others was fully satisfied on 31 Mar 2025.
Charges
A charge registered on 20 Jan 2015 via Charge ID 10545949 with Others was fully satisfied on 31 Mar 2025.
Charges
A charge registered on 16 Mar 2011 via Charge ID 10275053 with Others was fully satisfied on 31 Mar 2025.
AGM
Ardeshir B Cursetjee And Sons Limited last Annual general meeting of members was held on 30 Dec 2024 as per latest MCA records.
Ceased
Dipali Divyul Joshi ceased to be Additional Director.
Filing
Ardeshir B Cursetjee And Sons Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Appointed
Dipali Divyul Joshi was appointed as Director.
Charges
A charge registered on 17 Sep 2019 via Charge ID 100288583 with Others was fully satisfied on 03 Feb 2024.
Ceased
Deepika Balu Jagdale ceased to be Additional Director.
139 earlier events are in the company report.
Frequently asked questions
Ardeshir B Cursetjee and Sons is an active public 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 30 April 1948 (78+ years old) and is registered under CIN U63090MH1948PLC006322.
Ardeshir B Cursetjee and Sons has 5 current directors:
- Chandrasekar Krishnamurthy - Director
- Jimmy Naval Guzdar - Director
- Dipali Divyul Joshi - Director
- John Joseph Gomes - Director
- Dhaval Manoj Dave - Additional Director
The latest financial statements of Ardeshir B Cursetjee and Sons on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 December 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Ardeshir B Cursetjee and Sons is 27AAACA3292M1ZH, registered in Maharashtra. The company has 13 GST registrations in all, of which 4 are active and 9 are cancelled or inactive. Other active GSTINs include 24AAACA3292M1ZN (Gujarat), 32AAACA3292M1ZQ (Kerala), 21AAACA3292M1ZT (Odisha).
The CIN (Corporate Identification Number) of Ardeshir B Cursetjee and Sons is U63090MH1948PLC006322. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ardeshir B Cursetjee and Sons has 103 court cases on record: 48 filed by the company and 55 filed against it. 16 are pending. Most are in the high courts.
Ardeshir B Cursetjee and Sons was incorporated on 30 April 1948, making it 78+ years old. It is registered with the Registrar of Companies, Mumbai.
Dhaval Manoj Dave was appointed as Additional Director on 11 Aug 2025. Dipali Divyul Joshi ceased to be Additional Director on 29 Dec 2024. Dipali Divyul Joshi was appointed as Director on 30 Mar 2024. Ardeshir B Cursetjee and Sons has 22 board changes on record in total.
Yes, Ardeshir B Cursetjee and Sons is registered as a small enterprise under Udyam registration (number: UDYAM-MH-19-0079286).
Ardeshir B Cursetjee and Sons has 5 MSME Form 1 returns on record between 2019 and 2023, listing 73 overdue payments to 4 micro and small suppliers. The latest return was filed on 29 Aug 2023.
Ardeshir B Cursetjee and Sons can be reached through the website abcdubash.com. Its registered office is in Mumbai, Maharashtra, India.