About Ocean's Pride Marine Services Private Limited
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Ocean's Pride Marine Services Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 14 December 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74120MH2015PTC270983. Its GSTIN is 27AACCO2518A1ZZ (Maharashtra).
The company has an authorised share capital of ₹1.35 Cr and a paid-up capital of ₹1.34 Cr. It is led by directors Mohit Chaudhary and Ashish Dinesh Chowkekar.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2022, the company reported a revenue of ₹40.52 Cr, a growth of 16% compared to the previous year. For the same year it recorded a net profit of ₹23.71 Lakh (net margin 0.6%) and EBITDA of ₹48.14 Lakh (EBITDA margin 1.2%). Revenue has grown at a compounded annual rate (CAGR) of 266% over three years and 197% over five years.
As per MCA filings, the company has open charges of ₹3 Cr on record. Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website oceanspridemarine.com.
Company details
Contact details
Ocean's Pride Marine Services Private Limited's registered office is in Mumbai, Maharashtra. Its website is oceanspridemarine.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressShop No G – 46 Sej Plaza Co – Op.Premises Soc. Ltd. Marve Rd. Malad (W) Nr. Nutan Vidya Mand, Ir School, Mumbai, Maharashtra, India – 400064
- IndustryBusiness Outsourcing, HR Outsourcing & Talent Management
To see the full contact details of Ocean's Pride Marine Services 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
Financials of Ocean's Pride Marine Services Private Limited
FY 2022 filings availableOcean's Pride Marine Services Private Limited reported revenue of ₹40.52 Cr (up 16% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 197% over five years, including 16% growth in the latest year. EBITDA rose 105% 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 | ₹40.52 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹48.14 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹23.71 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Fixed Assets | |||||
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| Inventories | |||||
| Trade Receivables | |||||
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| Total Assets | |||||
Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.2% | ||||
| Net Profit Margin | 0.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
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| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Ocean's Pride Marine Services Private Limited, buy the company report.
Board of directors of Ocean's Pride Marine Services Private Limited
Ocean's Pride Marine Services has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mohit Chaudhary | Director | 14 Dec 2015 | 10 Years 10 Months | Current |
| Ashish Dinesh Chowkekar | Director | 12 Oct 2018 | 8 Years 0 Months | Current |
Peer comparison
Ocean's Pride Marine Services Private Limited is compared with the 3 companies closest to it by revenue in the Transport and Logistics industry (Diversified Logistics, HR Outsourcing, Marine Services), with the same principal business activity (placement agencies and hr management services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Dewan Staff Finders Private Limited | ₹40.54 Cr (FY 2025) | 32.0% | Mumbai, Maharashtra, India | |||
| Ocean's Pride Marine Services Private Limitedthis company | ₹40.52 Cr (FY 2022) | ₹23.71 Lakh | 0.6% | 16.0% | Mumbai, Maharashtra, India | |
| Joy Infotech Consulting Private Limited | ₹40.46 Cr (FY 2025) | 26.0% | Bangalore, Karnataka, India | |||
| Sublime Resources Private Limited | ₹40.43 Cr (FY 2025) | 54.0% | Gandhinagar, Gujarat, India |
To see the full peer comparison of Ocean's Pride Marine Services Private Limited, buy the company report.
Auditor
Ocean's Pride Marine Services Private Limited is audited by DEEPAK BAGRA & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DEEPAK BAGRA & CO | FY 2022 |
Shareholding
The shareholding of Ocean's Pride Marine Services Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ocean's Pride Marine Services Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Sep 2021 | 100485155 | Others | ₹3 Cr | Open |
Total charge records: 1 View all charges
Legal cases
Ocean's Pride Marine Services Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Cases) | Filed against the company by M-S Mogus Travel Solutions P Ltd | Disposed |
To see the full case history of Ocean's Pride Marine Services 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's Pride Marine Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ocean's Pride Marine Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCO2518A1ZZ | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ocean's Pride Marine Services Private Limited, buy the company report.
Recent activity
Ocean's Pride Marine Services Private Limited has 4 board changes on record since 2015: 2 appointments and 2 cessations. The latest: Sankalp Gautam Pawar ceased to be Director on 18 Dec 2018.
Frequently asked questions
Ocean's Pride Marine Services is an active private limited company based in Mumbai, Maharashtra, India. The company works in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 14 December 2015 (11+ years old) and is registered under CIN U74120MH2015PTC270983.
Ocean's Pride Marine Services has 2 current directors:
- Mohit Chaudhary - Director
- Ashish Dinesh Chowkekar - Director
The latest financial statements of Ocean's Pride Marine Services on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Ocean's Pride Marine Services is 27AACCO2518A1ZZ, registered in Maharashtra.
The CIN (Corporate Identification Number) of Ocean's Pride Marine Services is U74120MH2015PTC270983. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ocean's Pride Marine Services has 1 court case on record: 1 filed against it.
Ocean's Pride Marine Services was incorporated on 14 December 2015, making it 11+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Ocean's Pride Marine Services by revenue are Dewan Staff Finders Private Limited, Joy Infotech Consulting Private Limited, Sublime Resources Private Limited, all in the Transport and Logistics industry (Diversified Logistics, HR Outsourcing, Marine Services), with the same principal business activity (placement agencies and hr management services).
Sankalp Gautam Pawar ceased to be Director on 18 Dec 2018. Ashish Dinesh Chowkekar was appointed as Director on 12 Oct 2018. Nivruti Nagraj Shetti ceased to be Director on 12 Oct 2018. Ocean's Pride Marine Services has 4 board changes on record in total.
Ocean's Pride Marine Services can be reached through the website oceanspridemarine.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Ocean's Pride Marine Services is at Shop No G – 46 Sej Plaza Co – Op.Premises Soc. Ltd. Marve Rd. Malad W Nr. Nutan Vidya Mand, Ir School, Mumbai, Maharashtra, India – 400064.
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