MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-19-0061392
Panindia Marine Services Private Limited - transport and logistics in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹18.45 Cr
▲ 9% YoY
Net profit · FY 2025
₹40.33 Lakh
Net margin 2.2%
EBITDA · FY 2025
₹1 Cr
EBITDA margin 5.4%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Open charges
₹1.83 Cr
Satisfied ₹1.3 Cr
Company age
14 yrs
Est. 2012
Employees · EPFO
30
Provident fund records
About Panindia Marine Services Private Limited
Data last updated:
Panindia Marine Services Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the cargo services segment of the transport and logistics sector. It was incorporated on 29 March 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U61200MH2012PTC228909. Its GSTIN is 27AAGCP5930K1Z3 (Maharashtra). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Pradeep Monappa Salian (Whole-Time Director) and Harshvardhan Pradeep Salian.
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 1404/1405 14th Floor B Wing Kailas Business Park Veer Savarkar Marg Vikhroli (West), Mumbai, Maharashtra, India – 400079.
As per the financials filed for FY 2025, the company reported a revenue of ₹18.45 Cr, a growth of 9% compared to the previous year. For the same year it recorded a net profit of ₹40.33 Lakh (net margin 2.2%) and EBITDA of ₹1 Cr (EBITDA margin 5.4%). Revenue has grown at a compounded annual rate (CAGR) of 22% over three years and 18% over five years.
The company has about 30 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1.83 Cr and satisfied charges of ₹1.3 Cr on record. Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.
Panindia Marine Services Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0061392). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website panindiamarine.com.
Company details
CIN U61200MH2012PTC228909
Registration Number 228909
Incorporation Date 29 March 2012
ROC Mumbai
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-MH-19-0061392
Recognitions & Rankings of Panindia Marine Services
Contact details
Panindia Marine Services Private Limited's registered office is in Mumbai, Maharashtra. Its website is panindiamarine.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address1404/1405 14th Floor B Wing Kailas Business Park Veer Savarkar Marg Vikhroli (West), Mumbai, Maharashtra, India – 400079
- IndustryTransport and Logistics, Cargo Services
To see the full contact details of Panindia Marine Services Private Limited, buy the company report.
Comprehensive company report
Panindia Marine Services 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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Business activity
The main business activity of Panindia Marine Services is transportation and storage. In detail, this covers water transport.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transportation and storage | 50 | Water transport |
To see the full business activity and turnover split of Panindia Marine Services Private Limited, buy the company report.
Financials of Panindia Marine Services Private Limited
FY 2025 filings availablePanindia Marine Services Private Limited reported revenue of ₹18.45 Cr (up 9% YoY) for FY 2025.
Revenue · FY 2025
₹18.45 Cr ▲ 9%
Net profit · FY 2025
₹40.33 Lakh margin 2.2%
EBITDA · FY 2025
₹1 Cr margin 5.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 9%
3 years · compounded
▲ 22%
5 years · compounded
▲ 18%
EBITDA CAGR growth
1 year
▲ 183%
3 years · compounded
▲ 11%
5 years · compounded
▲ 239%
Revenue has grown at a compounded annual rate (CAGR) of 18% over five years, including 9% growth in the latest year. EBITDA rose 183% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹1 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹40.33 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.4% | ||||
| Net Profit Margin | 2.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Panindia Marine Services Private Limited, buy the company report.
Board of directors of Panindia Marine Services Private Limited
Panindia Marine Services has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harshvardhan Pradeep Salian Also directs: Panworld Marine LLP | Director | 04 Mar 2021 | 5 Years 7 Months | Current |
| Pradeep Monappa Salian | Whole-Time Director | 29 Mar 2012 | 14 Years 6 Months | Current |
Auditor
Panindia Marine Services Private Limited is audited by SHRENIK AND ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHRENIK AND ASSOCIATES | FY 2022 | 127904 |
Shareholding
The shareholding of Panindia Marine Services 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 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Panindia Marine Services Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1.83 Cr
Satisfied charges
₹1.3 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Sep 2024 | 100994063 | Hdfc Bank Limited | ₹60 Lakh | Open | |
| 19 May 2023 | 100839513 | Hdfc Bank Limited | ₹64.34 Lakh | Open | |
| 09 Dec 2019 | 100315346 | Tata Capital Financial Services Limited | ₹6.3 Lakh | Open | |
| 21 Jul 2018 | 100210697 | Tata Capital Financial Services Limited | ₹4.46 Lakh | Open | |
| 17 Dec 2016 | 100071057 | Tata Capital Financial Services Limited | ₹5.78 Lakh | Open |
To see the full charge records of Panindia Marine Services Private Limited, buy the company report.
Total charge records: 10 View all charges
Legal cases
Panindia Marine Services Private Limited has 1 court case on record: 1 filed against it. All case is pending.
Total cases
1
Filed against the company
1
Pending
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Raigad, Maharashtra | Civil suit | Filed against the company by G B Jondhale Inspector Under Maharashtra Private Security Guards Board Raigad | Pending |
To see the full case history of Panindia 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
Panindia Marine Services Private Limited has 2 MSME Form 1 returns on record for the period ending Sep 2019, listing 235 overdue payments to 19 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 (5 of 19)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Dolphin Marine Enterprises Private Limited | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Panindia Marine Services Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Panindia Marine Services Private Limited has a workforce of 30 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
Employee count
30
Active EPFO establishments
1
Employee growth
-6.25%
GST
Panindia Marine Services has 3 GST registrations: 2 active and 1 cancelled or inactive.
Total GSTINs
3
Active
2
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCP5930K1Z3 | Maharashtra | Active | 01 Jul 2017 |
| 24AAGCP5930K2Z8 | Gujarat | Active | 14 Nov 2022 |
To see the full GST registrations and return filing status of Panindia Marine Services Private Limited, buy the company report.
Recent activity
Panindia Marine Services Private Limited has 6 board changes on record since 2012: 2 appointments and 4 cessations. The latest: Harshvardhan Pradeep Salian ceased to be Additional Director on 30 Nov 2021.
AGM
Panindia Marine Services Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Panindia Marine Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 60.00 Lakh with Charge ID 100994063 was registered on 05 Sep 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 64.34 Lakh with Charge ID 100839513 was registered on 19 May 2023.
Ceased
Harshvardhan Pradeep Salian ceased to be Additional Director.
Appointed
Harshvardhan Pradeep Salian was appointed as Director.
Ceased
Micheal Ittoop Kollanoor ceased to be Whole-Time Director.
Charges
A charge with Tata Capital Financial Services Limited amounted to Rs. 6.30 Lakh with Charge ID 100315346 was registered on 09 Dec 2019.
Charges
A charge registered on 22 Jul 2014 via Charge ID 10515336 with Srei Equipment Finance Limited was fully satisfied on 03 Jan 2019.
Charges
A charge with Tata Capital Financial Services Limited amounted to Rs. 4.46 Lakh with Charge ID 100210697 was registered on 21 Jul 2018.
Ceased
Shyam Murlidhar Manjrekar ceased to be Whole-Time Director.
Charges
A charge registered on 22 Jan 2015 via Charge ID 10547627 with Tata Capital Financial Services Limited was fully satisfied on 19 Jan 2018.
11 earlier events are in the company report.
Frequently asked questions
Panindia Marine Services is an active private limited company based in Mumbai, Maharashtra, India. The company works in cargo services, within the transport and logistics industry. It was incorporated on 29 March 2012 (14+ years old) and is registered under CIN U61200MH2012PTC228909.
Panindia Marine Services has 2 current directors:
- Pradeep Monappa Salian - Whole-Time Director
- Harshvardhan Pradeep Salian - Director
The latest financial statements of Panindia Marine Services 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 Panindia Marine Services is 27AAGCP5930K1Z3, registered in Maharashtra. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 24AAGCP5930K2Z8 (Gujarat).
The CIN (Corporate Identification Number) of Panindia Marine Services is U61200MH2012PTC228909. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Panindia Marine Services has 1 court case on record: 1 filed against it. 1 is pending.
Panindia Marine Services was incorporated on 29 March 2012, making it 14+ years old. It is registered with the Registrar of Companies, Mumbai.
Harshvardhan Pradeep Salian ceased to be Additional Director on 30 Nov 2021. Harshvardhan Pradeep Salian was appointed as Director on 04 Mar 2021. Micheal Ittoop Kollanoor ceased to be Whole-Time Director on 04 Mar 2021. Panindia Marine Services has 6 board changes on record in total.
Yes, Panindia Marine Services is registered as a small enterprise under Udyam registration (number: UDYAM-MH-19-0061392).
Panindia Marine Services has 2 MSME Form 1 returns on record for the period ending Sep 2019, listing 235 overdue payments to 19 micro and small suppliers. The latest return was filed on 26 Oct 2019.
Panindia Marine Services can be reached through the website panindiamarine.com. Its registered office is in Mumbai, Maharashtra, India.