About PFS Shipping (Inda) Limited
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PFS Shipping (Inda) Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the integrated logistics and supply chain solutions segment of the transport and logistics sector. It was incorporated on 02 December 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U61100MH1994PLC083429. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹20 Cr and a paid-up capital of ₹11.98 Cr. It was formerly known as Abg Shipping Limited and Abg Shipping Private Limited. It is led by directors including Krishnamurthy Chandrashekar Iyer and Jagat Singh Manral.
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at Shree Pant Bhuvan No. 3/B 2nd Floor Mama Varerkar Marg, Mumbai, Maharashtra, India – 400007.
As per the financials filed for FY 2017, the company reported a revenue of ₹47.49 Cr, a decline of 18% compared to the previous year. For the same year it recorded a net profit of ₹1.89 Cr (net margin 4%) and EBITDA of ₹23.21 Cr (EBITDA margin 48.9%). Revenue has grown at a compounded annual rate (CAGR) of 41% over three years.
As per MCA filings, the company has open charges of ₹1,090.17 Cr and satisfied charges of ₹437.47 Cr on record. Court records list 5 cases involving the company, including 4 filed by the company and 1 filed against it; 1 case is pending. The company has 7 deals on record (7 funding rounds), with disclosed funding of ₹350.75 Cr; the latest was in March 2011.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website pfsshipping.com.
Company details
Name history
PFS Shipping (Inda) has undergone 2 name changes throughout its history. The company was previously known as Abg Shipping Limited, and Abg Shipping Private Limited. The current legal name is Pfs Shipping (Inda) Limited.
| Company Name | Status |
|---|---|
| PFS Shipping (Inda) Limited | Current |
| Abg Shipping Limited | Previous |
| Abg Shipping Private Limited | Previous |
CIN history
PFS Shipping (Inda) has one previous CIN (Corporate Identification Number): U61100MH1994PTC083429. The current CIN is U61100MH1994PLC083429, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U61100MH1994PLC083429 | Current |
| U61100MH1994PTC083429 | Previous |
Contact details
PFS Shipping (Inda) Limited's registered office is in Mumbai, Maharashtra. Its website is pfsshipping.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressShree Pant Bhuvan No. 3/B 2nd Floor Mama Varerkar Marg, Mumbai, Maharashtra, India – 400007
- IndustryTransport and Logistics, Integrated & Diversified Logistics Services
To see the full contact details of PFS Shipping (Inda) 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 PFS Shipping (Inda) is transport and storage. In detail, this covers water transport.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transport and storage | H3 | Water transport |
To see the full business activity and turnover split of PFS Shipping (Inda) Limited, buy the company report.
Financials of PFS Shipping (Inda) Limited
FY 2017 filings availablePFS Shipping (Inda) Limited reported revenue of ₹47.49 Cr (down 18% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 18% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 41%. EBITDA fell 22% 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹47.49 Cr | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹23.21 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹1.89 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 48.9% | ||
| Net Profit Margin | 4% | ||
| 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 PFS Shipping (Inda) Limited, buy the company report.
Board of directors of PFS Shipping (Inda) Limited
PFS Shipping (Inda) has 4 current directors and 15 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Krishnamurthy Chandrashekar Iyer Also directs: Abg Foods Private Limited, Abg Motors Limited, Somerset Estate Private Limited and 3 more | Additional Director | 02 Dec 2013 | 12 Years 11 Months | Current |
| Jagat Singh Manral Also directs: Sanyukta Shipping & Logistics Private Limited | Additional Director | 16 Sep 2016 | 10 Years 1 Months | Current |
| Mohammed Iftekhar Siddique | Additional Director | 15 Jan 2018 | 8 Years 9 Months | Current |
| Rajesh Madhukar Wairkar | Additional Director | 03 Jul 2017 | 9 Years 4 Months | Current |
Auditor
PFS Shipping (Inda) Limited is audited by M R K S AND ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M R K S AND ASSOCIATES | FY 2017 | 023711N |
Shareholding
The shareholding of PFS Shipping (Inda) Limited is on record for 2 financial years, the latest being FY 2016, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2016 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of PFS Shipping (Inda) Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Sep 2016 | 100058158 | Standard Chartered Bank | ₹73 Lakh | Open | |
| 11 Apr 2014 | 10503785 | Standard Chartered Bank | ₹5.58 Cr | Open | |
| 09 Apr 2014 | 10511691 | Axis Bank Limited | ₹6 Cr | Open | |
| 09 Jan 2014 | 10477377 | Axis Bank Limited | ₹3.15 Cr | Open | |
| 19 Jul 2013 | 10444391 | Axis Bank Limited | ₹6 Cr | Open |
To see the full charge records of PFS Shipping (Inda) Limited, buy the company report.
Total charge records: 31 View all charges
Deals & funding
PFS Shipping (Inda) Limited has 7 deals on record (7 funding rounds), with disclosed funding of ₹350.75 Cr; the latest was in March 2011.
Deals on record (3 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2011 | Funding round | ₹119.05 Cr | Investors: Abg International Private Limited |
| Sep 2007 | Funding round | ₹25 Cr | Investors: Abg International Private Limited |
| Mar 2006 | Funding round | ₹76.2 Cr | Investors: Abg International Private Limited |
To see the full deal history of PFS Shipping (Inda) Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
PFS Shipping (Inda) Limited has 5 court cases on record: 4 filed by PFS Shipping (Inda), 1 filed against it. 1 case is pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 0 | 1 |
| District courts | 1 | 1 | 0 |
Cases on record (4 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TAMIL NADU | Appeal | Filed by the company against individuals | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by The State of Maharashtra | Disposed |
| High Court, TAMIL NADU | Petition | Filed by the company against Poompuhar Shipping Corporation and 3 others | Disposed |
| High Court, TAMIL NADU | Court case (COMP.A) | Filed by the company against individuals | Disposed |
To see the full case history of PFS Shipping (Inda) 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 PFS Shipping (Inda) Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
PFS Shipping (Inda) has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of PFS Shipping (Inda) Limited, buy the company report.
Recent activity
PFS Shipping (Inda) Limited has 17 board changes on record since 2008: 4 appointments and 13 cessations. The latest: Krishnamurthy Chandrashekar Iyer ceased to be Additional Director on 09 Sep 2019.
62 earlier events are in the company report.
Frequently asked questions
PFS Shipping (Inda) is an active public limited company based in Mumbai, Maharashtra, India. The company works in integrated and diversified logistics services, within the transport and logistics industry. It was incorporated on 02 December 1994 (32+ years old) and is registered under CIN U61100MH1994PLC083429.
PFS Shipping (Inda) has 4 current directors:
- Krishnamurthy Chandrashekar Iyer - Additional Director
- Jagat Singh Manral - Additional Director
- Mohammed Iftekhar Siddique - Additional Director
- Rajesh Madhukar Wairkar - Additional Director
The latest financial statements of PFS Shipping (Inda) on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 September 2017. Year-wise statements from 2015 are in the company report.
No. PFS Shipping (Inda) has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of PFS Shipping (Inda) is U61100MH1994PLC083429. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
PFS Shipping (Inda) has 5 court cases on record: 4 filed by the company and 1 filed against it. 1 is pending. Most are in the high courts.
PFS Shipping (Inda) was incorporated on 02 December 1994, making it 32+ years old. It is registered with the Registrar of Companies, Mumbai.
PFS Shipping (Inda) has 7 deals on record (7 funding rounds), with disclosed funding of ₹350.75 Cr; the latest was in March 2011.
Krishnamurthy Chandrashekar Iyer ceased to be Additional Director on 09 Sep 2019. Rajesh Madhukar Wairkar ceased to be Additional Director on 25 Jan 2018. Mohammed Iftekhar Siddique was appointed as Additional Director on 15 Jan 2018. PFS Shipping (Inda) has 17 board changes on record in total.
PFS Shipping (Inda) can be reached through the website pfsshipping.com. Its registered office is in Mumbai, Maharashtra, India.
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