MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-33-0207630
Payas Shipping Lines Private Limited - transport and logistics in Navi Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹9.58 Cr
▼ 56% YoY
Net profit · FY 2024
₹77.47 Lakh
Net margin 8.1%
EBITDA · FY 2024
₹80.05 Lakh
EBITDA margin 8.4%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
10 yrs
Est. 2016
Employees · EPFO
21
Provident fund records
Directors on board
2
As per MCA filings
About Payas Shipping Lines Private Limited
Data last updated:
Payas Shipping Lines Private Limited is a private limited company based in Navi Mumbai, Maharashtra, India. It operates in the shipping and maritime services segment of the transport and logistics sector. It was incorporated on 11 July 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2016PTC283488. Its GSTIN is 27AAICP6772D1Z6 (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Sujit Vishnukant Jha and Shashi Kant Mishra.
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 Navi Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹9.58 Cr, a decline of 56% compared to the previous year. For the same year it recorded a net profit of ₹77.47 Lakh (net margin 8.1%) and EBITDA of ₹80.05 Lakh (EBITDA margin 8.4%). Revenue has declined at a compounded annual rate (CAGR) of 25% over three years and 5% over five years.
The company has about 21 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Payas Shipping Lines.
Payas Shipping Lines Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0207630). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website payaslines.com.
Company details
CIN U74999MH2016PTC283488
Registration Number 283488
Incorporation Date 11 July 2016
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-33-0207630
Recognitions & Rankings of Payas Shipping Lines
Contact details
Payas Shipping Lines Private Limited's registered office is in Navi Mumbai, Maharashtra. Its website is payaslines.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressShop No 100 Plot No – 01 Vindhya Commercial Complex Sec – 11 CBD, Belapur, Navi Mumbai, Maharashtra, India – 400614
- IndustryTransport and Logistics, Shipping & Maritime Services, Integrated & Diversified Logistics Services
To see the full contact details of Payas Shipping Lines Private Limited, buy the company report.
Comprehensive company report
Payas Shipping Lines 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
Payas Shipping Lines operates one associated brand: Payas Shipping Lines. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| International shipping and logistics for exporters and importers worldwide. | payaslines.com |
Business activity
The main business activity of Payas Shipping Lines is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Payas Shipping Lines Private Limited, buy the company report.
Financials of Payas Shipping Lines Private Limited
FY 2025 filings availablePayas Shipping Lines Private Limited reported revenue of ₹9.58 Cr (down 56% YoY) for FY 2024.
Revenue · FY 2024
₹9.58 Cr ▼ 56%
Net profit · FY 2024
₹77.47 Lakh margin 8.1%
EBITDA · FY 2024
₹80.05 Lakh margin 8.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 56%
3 years · compounded
▼ 25%
5 years · compounded
▼ 5%
EBITDA CAGR growth
1 year
▼ 56%
3 years · compounded
▼ 24%
5 years · compounded
▼ 4%
Revenue has declined at a compounded annual rate (CAGR) of 5% over five years, including a 56% fall in the latest year. EBITDA fell 56% 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 |
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| Total Expenses | |||||
| EBITDA | ₹80.05 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹77.47 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
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| Inventories | |||||
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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 | 8.4% | ||||
| Net Profit Margin | 8.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Payas Shipping Lines Private Limited, buy the company report.
Board of directors of Payas Shipping Lines Private Limited
Payas Shipping Lines has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sujit Vishnukant Jha | Director | 11 Jul 2016 | 10 Years 3 Months | Current |
| Shashi Kant Mishra | Director | 11 Jul 2016 | 10 Years 3 Months | Current |
Auditor
Payas Shipping Lines Private Limited is audited by JAYAWANT TANDEL & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JAYAWANT TANDEL & CO | FY 2022 | 126268W |
Shareholding
The shareholding of Payas Shipping Lines 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 Payas Shipping Lines Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Payas Shipping Lines 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 Payas Shipping Lines Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Payas Shipping Lines Private Limited has a workforce of 21 employees on its EPFO records as of Apr 10, 2024, across 1 active EPFO establishment.
Employee count
21
Active EPFO establishments
1
Employee growth
-8.7%
GST
Payas Shipping Lines has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAICP6772D1Z6 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Payas Shipping Lines Private Limited, buy the company report.
Recent activity
Payas Shipping Lines Private Limited has 2 board changes on record since 2016: 2 appointments. The latest: Shashi Kant Mishra was appointed as Director on 11 Jul 2016.
AGM
Payas Shipping Lines Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Payas Shipping Lines Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai Ii.
Appointed
Shashi Kant Mishra was appointed as Director.
Appointed
Sujit Vishnukant Jha was appointed as Director.
Incorporation
11 Jul 2016
Payas Shipping Lines Private Limited was registered on 11 Jul 2016 with Roc Mumbai Ii & aged 10 years 3 months as per MCA records.
Frequently asked questions
Payas Shipping Lines is an active private limited company based in Navi Mumbai, Maharashtra, India. The company works in shipping and maritime services, within the transport and logistics industry. It was incorporated on 11 July 2016 (10+ years old) and is registered under CIN U74999MH2016PTC283488.
Payas Shipping Lines has 2 current directors:
- Sujit Vishnukant Jha - Director
- Shashi Kant Mishra - Director
The latest financial statements of Payas Shipping Lines 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 FY 2017 are in the company report.
The GSTIN of Payas Shipping Lines is 27AAICP6772D1Z6, registered in Maharashtra.
The CIN (Corporate Identification Number) of Payas Shipping Lines is U74999MH2016PTC283488. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Payas Shipping Lines was incorporated on 11 July 2016, making it 10+ years old. It is registered with the Registrar of Companies, Mumbai.
Shashi Kant Mishra was appointed as Director on 11 Jul 2016. Sujit Vishnukant Jha was appointed as Director on 11 Jul 2016.
Yes, Payas Shipping Lines is registered as a small enterprise under Udyam registration (number: UDYAM-MH-33-0207630).
Payas Shipping Lines can be reached through the website payaslines.com. Its registered office is in Navi Mumbai, Maharashtra, India.
The registered office of Payas Shipping Lines is at Shop No 100 Plot No – 01 Vindhya Commercial Complex Sec – 11 CBD, Belapur, Navi Mumbai, Maharashtra, India – 400614.
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