MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-01-0022889
Narayan Marine Tech Private Limited - transport and logistics in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹16.42 Cr
▲ 29% YoY
Net profit · FY 2024
₹66.18 Lakh
Net margin 4%
EBITDA · FY 2024
₹1.35 Cr
EBITDA margin 8.2%
Authorised capital
₹3.5 Cr
Registered with MCA
Paid-up capital
₹3.25 Cr
Issued & subscribed
Open charges
₹6.1 Cr
Satisfied ₹14.25 Cr
Company age
19 yrs
Est. 2007
Employees · EPFO
11
Provident fund records
About Narayan Marine Tech Private Limited
Data last updated:
Narayan Marine Tech Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the shipping and maritime services segment of the transport and logistics sector. It was incorporated on 14 December 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U35111GJ2007PTC052352. Its GSTIN is 24AACCN6542P1Z3 (Gujarat). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹3.5 Cr and a paid-up capital of ₹3.25 Cr. It is led by directors including Jay Hetalkumar Shah and Rupal Hetalkumar Shah.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Ahmedabad, Gujarat.
As per the financials filed for FY 2024, the company reported a revenue of ₹16.42 Cr, a growth of 29% compared to the previous year. For the same year it recorded a net profit of ₹66.18 Lakh (net margin 4%) and EBITDA of ₹1.35 Cr (EBITDA margin 8.2%). Revenue has grown at a compounded annual rate (CAGR) of 33% over three years and 50% over five years.
The company has about 11 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Narayan Marine Tech Pvt Ltd. As per MCA filings, the company has open charges of ₹6.1 Cr and satisfied charges of ₹14.25 Cr on record.
Narayan Marine Tech Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0022889). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website narayanmarinetech.com.
Company details
CIN U35111GJ2007PTC052352
Registration Number 052352
Incorporation Date 14 December 2007
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-01-0022889
Recognitions & Rankings of Narayan Marine Tech
Contact details
Narayan Marine Tech Private Limited's registered office is in Ahmedabad, Gujarat. Its website is narayanmarinetech.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address1010 Anam – 2 Opp. Satyamev, Shivalik Iscon – Ambli Brts Road, Ahmedabad, Gujarat, India – 380058
- IndustryTransport and Logistics, Shipping & Maritime Services
To see the full contact details of Narayan Marine Tech Private Limited, buy the company report.
Comprehensive company report
Narayan Marine Tech Private 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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Secure checkout · GST invoice included
Brands
Narayan Marine Tech operates one associated brand: Narayan Marine Tech Pvt Ltd. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Marine engine supplying, exporting, and ship repair services in India. | narayanmarinetech.com |
Business activity
The main business activity of Narayan Marine Tech is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Narayan Marine Tech Private Limited, buy the company report.
Financials of Narayan Marine Tech Private Limited
FY 2025 filings availableNarayan Marine Tech Private Limited reported revenue of ₹16.42 Cr (up 29% YoY) for FY 2024.
Revenue · FY 2024
₹16.42 Cr ▲ 29%
Net profit · FY 2024
₹66.18 Lakh margin 4%
EBITDA · FY 2024
₹1.35 Cr margin 8.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 29%
3 years · compounded
▲ 33%
5 years · compounded
▲ 50%
EBITDA CAGR growth
1 year
▼ 10%
3 years · compounded
▲ 57%
5 years · compounded
▲ 40%
Revenue has grown at a compounded annual rate (CAGR) of 50% over five years, including 29% growth in the latest year. EBITDA fell 10% 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 | |||||
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| Total Expenses | |||||
| EBITDA | ₹1.35 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹66.18 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Inventories | |||||
| Trade Receivables | |||||
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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 | 8.2% | ||||
| Net Profit Margin | 4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Narayan Marine Tech Private Limited, buy the company report.
Board of directors of Narayan Marine Tech Private Limited
Narayan Marine Tech has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jay Hetalkumar Shah | Director | 18 Jul 2018 | 8 Years 3 Months | Current |
| Rupal Hetalkumar Shah | Director | 14 Dec 2007 | 18 Years 10 Months | Current |
| Hetalkumar I Shah | Director | 14 Dec 2007 | 18 Years 10 Months | Current |
Peer comparison
Narayan Marine Tech Private Limited is compared with the 3 companies closest to it by revenue in the Machinery and Equipment industry (Machinery and Equipment Retail and Distribution, Shipping Services), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Rockmach Infra Private Limited | ₹16.54 Cr (FY 2024) | Panvel, Maharashtra, India | ||||
| Vimoksha Beverage Solutions Private Limited | ₹16.44 Cr (FY 2024) | 30.0% | Bangalore, Karnataka, India | |||
| Narayan Marine Tech Private Limitedthis company | ₹16.42 Cr (FY 2024) | ₹66.18 Lakh | 4% | 29.0% | 11 | Ahmedabad, Gujarat, India |
| Mazo Hub Private Limited | ₹16.37 Cr (FY 2024) | 84.0% | Imphal, Manipur, India |
To see the full peer comparison of Narayan Marine Tech Private Limited, buy the company report.
Auditor
Narayan Marine Tech Private Limited is audited by M/s. Chandresh Haripara & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M/s. Chandresh Haripara & Associates | FY 2023 | 154869 |
Shareholding
The shareholding of Narayan Marine Tech Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | 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 Narayan Marine Tech Private Limited, buy the company report.
Charges & borrowings
Open charges
₹6.1 Cr
Satisfied charges
₹14.25 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Jan 2025 | 101049825 | Others | ₹10.48 Lakh | Open | |
| 18 Dec 2023 | 100867852 | Others | ₹6 Cr | Open | |
| 08 Oct 2021 | 100496584 | Others | ₹3.5 Cr | Satisfied | |
| 04 Mar 2009 | 10147648 | State Bank of India | ₹10.75 Cr | Satisfied |
To see the full charge records of Narayan Marine Tech Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
No court or tribunal cases involving Narayan Marine Tech Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Narayan Marine Tech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Narayan Marine Tech Private Limited has a workforce of 11 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Employee count
11
Active EPFO establishments
1
Employee growth
-26.7%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 11 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Narayan Marine Tech Private Limited, buy the company report.
GST
Narayan Marine Tech has 3 GST registrations: 2 active and 1 cancelled or inactive.
Total GSTINs
3
Active
2
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCN6542P1Z3 | Gujarat | Active | 01 Jul 2017 |
| 24AACCN6542P3Z1 | Gujarat | Active | 01 Mar 2025 |
To see the full GST registrations and return filing status of Narayan Marine Tech Private Limited, buy the company report.
Recent activity
Narayan Marine Tech Private Limited has 3 board changes on record since 2007: 3 appointments. The latest: Jay Hetalkumar Shah was appointed as Director on 18 Jul 2018.
AGM
Narayan Marine Tech Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Narayan Marine Tech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Others of Rs. 6.00 Cr registered on 18 Dec 2023 with Charge ID 100867852 was modified on 28 Feb 2025.
Charges
A charge with Others amounted to Rs. 0.10 Cr with Charge ID 101049825 was registered on 30 Jan 2025.
Charges
A charge registered on 08 Oct 2021 via Charge ID 100496584 with Others was fully satisfied on 18 Jan 2024.
Charges
A charge with Others amounted to Rs. 6.00 Cr with Charge ID 100867852 was registered on 18 Dec 2023.
Charges
A charge with Others of Rs. 3.50 Cr registered on 08 Oct 2021 with Charge ID 100496584 was modified on 04 May 2023.
Charges
A charge with Others amounted to Rs. 3.50 Cr with Charge ID 100496584 was registered on 08 Oct 2021.
Appointed
Jay Hetalkumar Shah was appointed as Director.
Charges
A charge registered on 04 Mar 2009 via Charge ID 10147648 with State Bank Of India was fully satisfied on 17 May 2018.
Charges
A charge with State Bank Of India of Rs. 10.75 Cr registered on 04 Mar 2009 with Charge ID 10147648 was modified on 19 Feb 2010.
Charges
A charge with State Bank Of India amounted to Rs. 10.75 Cr with Charge ID 10147648 was registered on 04 Mar 2009.
3 earlier events are in the company report.
Frequently asked questions
Narayan Marine Tech is an active private limited company based in Ahmedabad, Gujarat, India. The company works in shipping and maritime services, within the transport and logistics industry. It was incorporated on 14 December 2007 (19+ years old) and is registered under CIN U35111GJ2007PTC052352.
Narayan Marine Tech has 3 current directors:
- Jay Hetalkumar Shah - Director
- Rupal Hetalkumar Shah - Director
- Hetalkumar I Shah - Director
The latest financial statements of Narayan Marine Tech on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Narayan Marine Tech is 24AACCN6542P1Z3, registered in Gujarat. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 24AACCN6542P3Z1 (Gujarat).
The CIN (Corporate Identification Number) of Narayan Marine Tech is U35111GJ2007PTC052352. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Narayan Marine Tech was incorporated on 14 December 2007, making it 19+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Narayan Marine Tech by revenue are Rockmach Infra Private Limited, Vimoksha Beverage Solutions Private Limited, Mazo Hub Private Limited, all in the Machinery and Equipment industry (Machinery and Equipment Retail and Distribution, Shipping Services), with the same principal business activity (wholesale trading).
Jay Hetalkumar Shah was appointed as Director on 18 Jul 2018. Hetalkumar I Shah was appointed as Director on 14 Dec 2007. Rupal Hetalkumar Shah was appointed as Director on 14 Dec 2007.
Yes, Narayan Marine Tech is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-01-0022889).
Narayan Marine Tech can be reached through the website narayanmarinetech.com. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Narayan Marine Tech is at 1010 Anam – 2 Opp. Satyamev, Shivalik Iscon – Ambli Brts Road, Ahmedabad, Gujarat, India – 380058.
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