- Category
- Micro (2020-21)
- Udyam number
- UDYAM-GA-02-0001531

Nigel Shipyard Private Limited
About Nigel Shipyard Private Limited
Data last updated:
Nigel Shipyard Private Limited is a private limited company based in Goa, India. It operates in the shipbuilding and repair services segment of the transport and logistics sector. It was incorporated on 09 September 1985 and has been in existence for over 41 years.
The company is registered with the Registrar of Companies (ROC), Goa, under CIN U35111GA1985PTC000639. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹12 Lakh and a paid-up capital of ₹12 Lakh. It is led by directors Osric Terence Cabral and Ina Ivy Cabral.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at E1/F1 – 5 South Blocktilak Commercial Complex F L Gomes Road Vasco Da Gama, Goa, India – 403802.
As per the financials filed for FY 2019, the company reported a revenue of ₹1.24 Cr, a decline of 5% compared to the previous year. For the same year it recorded a net profit of ₹58.96 Lakh (net margin 47.7%) and EBITDA of ₹65.62 Lakh (EBITDA margin 53.1%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years.
The company has about 2 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹7.3 Cr and satisfied charges of ₹55.25 Lakh on record. Court records list 14 cases involving the company, including 10 filed by the company and 4 filed against it; 4 cases are pending.
Nigel Shipyard Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GA-02-0001531). The current compliance status is marked as compliant by the Registrar of Companies.
Recognitions & Rankings of Nigel Shipyard
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressE1/F1 – 5 South Blocktilak Commercial Complex F L Gomes Road Vasco Da Gama, Goa, India – 403802
- IndustryTransport and Logistics, Shipbuilding & Repair Services
- 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
- One PDF report, delivered after checkout
Business Activity
The main business activity of Nigel Shipyard is manufacturing. In detail, this covers repair & installation of machinery & equipment, motor vehicles.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C12 | Repair & installation of machinery & equipment, motor vehicles | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Financials of Nigel Shipyard Private Limited
FY 2019 filings availableNigel Shipyard Private Limited reported revenue of ₹1.24 Cr (down 5% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue fell 5% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 3%. EBITDA rose 116% 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 2018-19 | FY 2014-15 to FY 2017-18in the company report |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ₹1.24 Cr | |
| Other Income | •••• | |
| Total Revenue | •••• | |
| Cost of Materials Consumed | •••• | |
| Employee Benefit Expense | •••• | |
| Finance Costs | •••• | |
| Depreciation and Amortisation | •••• | |
| Other Expenses | •••• | |
| Total Expenses | •••• | |
| EBITDA | ₹65.62 Lakh | |
| Profit Before Tax | •••• | |
| Tax Expense | •••• | |
| Net Profit (PAT) | ₹58.96 Lakh | |
| 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 2018-19 | FY 2014-15 to FY 2017-18in the company report |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 53.1% | |
| Net Profit Margin | 47.7% | |
| 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 | •••• | |
Paid data: the figures shown as dots, and every line for FY 2014-15 to FY 2017-18, are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Nigel Shipyard are in the company report.
: available in the company report
Board of Directors of Nigel Shipyard Private Limited
Nigel Shipyard has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Osric Terence Cabral Also directs: Cabral and Company Private Limited | Director | 01 Jan 2005 | 21 Years 9 Months | Current |
| Ina Ivy Cabral Also directs: Cabral and Company Private Limited | Director | 09 Sep 1985 | 41 Years 1 Months | Current |
Auditor Details
Nigel Shipyard Private Limited is audited by VISHWANATH D BHAT & ASSOCIATES for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| VISHWANATH D BHAT & ASSOCIATES | Locked | Locked | Locked |
: available in the company report
Ownership and Shareholding
: available in the company report
Charges & Borrowings
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Apr 2007 | State Bank of India | ₹7.3 Cr | Open |
| 09 Jun 1994 | State Bank of India | ₹2.25 Lakh | Satisfied |
| 07 Apr 1987 | State Bank of India | ₹8 Lakh | Satisfied |
| 29 Aug 1986 | The Economic Development Corporation of Goa ;Daman and Diu L | ₹45 Lakh | Satisfied |
Total charge records: 4 View all charges
Legal Cases
Nigel Shipyard Private Limited has 14 court cases on record: 10 filed by Nigel Shipyard, 4 filed against it. 4 cases are pending and 10 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 0 | 3 |
| High courts | 7 | 4 | 1 |
Cases on record (5 of 14)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South Goa, Goa | Court case (SCS) | Filed by the company against M/S. Vaibhavi Shipping Pvt. Ltd. , Through Its Managing Director - Shri. Uday K. Naik | Pending |
| Bombay High Court | Appeal | Filed against the company by an individual | Pending |
| District court, South Goa, Goa | Court case (SEXA) | Filed by the company against an individual | Pending |
| District court, South Goa, Goa | Court case (SCS) | Filed by the company against M/S. Fadte Marine Services, Prop. Concern of Dilip Fadte | Pending |
| Bombay High Court | Writ petition | Filed by the company against M/S.Vaibhavi Shipping Pvt. Ltd., THR. Its Managing Director Uday K. Naik | Disposed |
: available in 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.
Employees and EPFO Compliance
Nigel Shipyard Private Limited has a workforce of 2 employees as of Mar 28, 2024.
: available in the company report
Recent Activity
Nigel Shipyard Private Limited has 5 board changes on record since 1985: 2 appointments and 3 cessations. The latest: Nigel Crucifix Ralph Cabral ceased to be Managing Director on 31 Mar 2016.
6 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts
: available in the company report
MSME Payment Delays
: available in the company report
Subsidiaries & Group Companies
: available in the company report
GST Compliance
Nigel Shipyard has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
: available in the company report
MCA Filings & Documents
: available in the company report
Frequently Asked Questions
Nigel Shipyard is an active private limited company based in Goa, India. The company works in shipbuilding and repair services, within the transport and logistics industry. It was incorporated on 09 September 1985 (41+ years old) and is registered under CIN U35111GA1985PTC000639.
Nigel Shipyard has 2 current directors:
- Osric Terence Cabral - Director
- Ina Ivy Cabral - Director
The latest financial statements of Nigel Shipyard on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
No. Nigel Shipyard has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Nigel Shipyard is U35111GA1985PTC000639. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nigel Shipyard has 14 court cases on record: 10 filed by the company and 4 filed against it. 4 are pending. Most are in the district courts.
Nigel Shipyard was incorporated on 09 September 1985, making it 41+ years old. It is registered with the Registrar of Companies, Goa.
Nigel Crucifix Ralph Cabral ceased to be Managing Director on 31 Mar 2016. Osric Terence Cabral ceased to be Managing Director on 31 Mar 2012. Francisco Simao Cabral ceased to be Managing Director on 03 Mar 2008. Nigel Shipyard has 5 board changes on record in total.
Yes, Nigel Shipyard is registered as a micro enterprise under Udyam registration (number: UDYAM-GA-02-0001531).
The registered office of Nigel Shipyard is at E1F1 – 5 South Blocktilak Commercial Complex F L Gomes Road Vasco Da Gama, Goa, India – 403802.