About Ocean Lifecare Private Limited
Data last updated:
Ocean Lifecare Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the ayurvedic products and services segment of the healthcare sector. It was incorporated on 26 February 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U85100PN2010PTC135685. Its GSTIN is 27AABCO2602E1ZZ (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Ocean Herbal & Lifecare Private Limited. It is led by directors Kiran Mahadeo Walvekar and Manoj Mahadeo Walvekar.
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 A 1 Dwaraka Apartment Harekrishna Mandir Road Model Colony, Pune, Maharashtra, India – 411005.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.17 Cr, a decline of 10% compared to the previous year. For the same year it recorded a net loss of ₹1.29 Cr (net margin -110.3%) and EBITDA of -₹1.24 Cr (EBITDA margin -106%). Revenue has declined at a compounded annual rate (CAGR) of 14% over three years and 18% over five years.
Court records list 2 cases involving the company, including 2 filed by the company; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website oceanherbal.com.
Company details
Contact details
Ocean Lifecare Private Limited's registered office is in Pune, Maharashtra. Its website is oceanherbal.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressA 1 Dwaraka Apartment Harekrishna Mandir Road Model Colony, Pune, Maharashtra, India – 411005
- IndustryHealthcare, Ayurvedic Products & Services
To see the full contact details of Ocean Lifecare Private 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
Business activity
The main business activity of Ocean Lifecare is manufacturing. In detail, this covers food, beverages and tobacco products and chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C1 | Food, beverages and tobacco products | |
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of Ocean Lifecare Private Limited, buy the company report.
Financials of Ocean Lifecare Private Limited
FY 2025 filings availableOcean Lifecare Private Limited reported revenue of ₹1.17 Cr (down 10% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 18% over five years, including a 10% fall in the latest year. EBITDA fell 11% 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 | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹1.24 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.29 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 | -106% | ||||
| Net Profit Margin | -110.3% | ||||
| 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 Ocean Lifecare Private Limited, buy the company report.
Board of directors of Ocean Lifecare Private Limited
Ocean Lifecare has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kiran Mahadeo Walvekar Also directs: Blue Wasp Beverages LLP | Director | 26 Feb 2010 | 16 Years 8 Months | Current |
| Manoj Mahadeo Walvekar Also directs: Blue Wasp Beverages LLP | Director | 26 Feb 2010 | 16 Years 8 Months | Current |
Auditor
Ocean Lifecare Private Limited is audited by ANANT RAJESH & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ANANT RAJESH & ASSOCIATES | FY 2018 | 120564W |
Shareholding
The shareholding of Ocean Lifecare Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Ocean Lifecare Private Limited, buy the company report.
Legal cases
Ocean Lifecare Private Limited has 2 court cases on record: 2 filed by Ocean Lifecare. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Civil suit | Filed by the company against an individual | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against an individual | Disposed |
To see the full case history of Ocean Lifecare Private 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Ocean Lifecare Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ocean Lifecare has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCO2602E1ZZ | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ocean Lifecare Private Limited, buy the company report.
Recent activity
Ocean Lifecare Private Limited has 2 board changes on record since 2010: 2 appointments. The latest: Kiran Mahadeo Walvekar was appointed as Director on 26 Feb 2010.
Frequently asked questions
Ocean Lifecare is an active private limited company based in Pune, Maharashtra, India. The company works in ayurvedic products and services, within the healthcare industry. It was incorporated on 26 February 2010 (16+ years old) and is registered under CIN U85100PN2010PTC135685.
Ocean Lifecare has 2 current directors:
- Kiran Mahadeo Walvekar - Director
- Manoj Mahadeo Walvekar - Director
The latest financial statements of Ocean Lifecare 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 Ocean Lifecare is 27AABCO2602E1ZZ, registered in Maharashtra.
The CIN (Corporate Identification Number) of Ocean Lifecare is U85100PN2010PTC135685. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ocean Lifecare has 2 court cases on record: 2 filed by the company. 1 is pending.
Ocean Lifecare was incorporated on 26 February 2010, making it 16+ years old. It is registered with the Registrar of Companies, Pune.
Kiran Mahadeo Walvekar was appointed as Director on 26 Feb 2010. Manoj Mahadeo Walvekar was appointed as Director on 26 Feb 2010.
Ocean Lifecare can be reached through the website oceanherbal.com. Its registered office is in Pune, Maharashtra, India.
The registered office of Ocean Lifecare is at A 1 Dwaraka Apartment Harekrishna Mandir Road Model Colony, Pune, Maharashtra, India – 411005.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
