About PNP Maritime Services Private Limited
Data last updated:
PNP Maritime Services Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Sp Port Maintenance Private Limited. It operates in the integrated logistics and supply chain solutions segment of the transport and logistics sector. It was incorporated on 25 August 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U63090MH1999PTC121461. Its GSTIN is 27AABCP8020D1ZS (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹22.5 Cr and a paid-up capital of ₹2 Cr. It is led by directors including Nrupal Jayant Patil and Sachin Tipnis Sharad.
Its last annual general meeting (AGM) was held on 29 July 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at A – 5 Arthur Bunder Road18 Ionic Colab, Mumbai, Maharashtra, India – 400005.
As per the financials filed for FY 2023, the company reported a revenue of ₹219.86 Cr, a growth of 11% compared to the previous year. For the same year it recorded a net profit of ₹10.47 Cr (net margin 4.8%) and EBITDA of ₹34.83 Cr (EBITDA margin 15.8%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 7% over five years.
The company has about 156 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: PNP. As per MCA filings, the company has open charges of ₹152.98 Cr and satisfied charges of ₹332.89 Cr on record. Court records list 13 cases involving the company, including 5 filed by the company and 8 filed against it; 10 cases are pending. The company has 6 deals on record (4 secondary share transfers, 2 funding rounds), with disclosed funding of ₹60.76 Cr; the latest was in December 2023. Its 4 peer companies in the Transport and Logistics industry (Bulk Cargo and Container, Maritime Services, Ports), with the same principal business activity (services incidental to land, water & air transportation) are compared by revenue, 2 larger and 2 smaller; the largest is SP Port Maintenance Private Limited with revenue of ₹222.91 Cr. The company has 11 MSME Form 1 returns on record between 2018 and 2023, listing 496 overdue payments to 17 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website pnpport.com.
Company details
Contact details
PNP Maritime Services Private Limited's registered office is in Mumbai, Maharashtra. Its website is pnpport.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressA – 5 Arthur Bunder Road18 Ionic Colab, Mumbai, Maharashtra, India – 400005
- IndustryTransport and Logistics, Integrated & Diversified Logistics Services
To see the full contact details of PNP Maritime 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
Brands
PNP Maritime Services operates one associated brand: PNP. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of multi-modal supply chain solutions for road, rail, and sea transportation | pnpport.com |
Business activity
The main business activity of PNP Maritime Services is transport and storage. In detail, this covers services incidental to land, water & air transportation.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transport and storage | H5 | Services incidental to land, water & air transportation |
To see the full business activity and turnover split of PNP Maritime Services Private Limited, buy the company report.
Financials of PNP Maritime Services Private Limited
FY 2025 filings availablePNP Maritime Services Private Limited reported revenue of ₹219.86 Cr (up 11% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 7% over five years, including 11% growth in the latest year. EBITDA fell 5% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹219.86 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹34.83 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹10.47 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 15.8% | ||||
| Net Profit Margin | 4.8% | ||||
| 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 PNP Maritime Services Private Limited, buy the company report.
Board of directors of PNP Maritime Services Private Limited
PNP Maritime Services has 4 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nrupal Jayant Patil Also directs: Uv Buildcon LLP, Cemterra Enterprise Private Limited, PNP Hotels&Resorts Private Limited and 3 more | Director | 25 Aug 1999 | 27 Years 2 Months | Current |
| Sachin Tipnis Sharad | Director | 31 Jul 2015 | 11 Years 3 Months | Current |
| Rakesh Singh Sisodia Also directs: Jaigarh Digni Rail Limited, JSW Jaigarh Port Limited, Khurja Rail Terminal Private Limited and 5 more | Director | 26 Dec 2023 | 2 Years 10 Months | Current |
| Karun Kant Dave Also directs: Jaigarh Digni Rail Limited | Director | 26 Dec 2023 | 2 Years 10 Months | Current |
Peer comparison
PNP Maritime Services Private Limited is compared with the 4 companies closest to it by revenue in the Transport and Logistics industry (Bulk Cargo and Container, Maritime Services, Ports), with the same principal business activity (services incidental to land, water & air transportation), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| SP Port Maintenance Private Limited | ₹222.91 Cr (FY 2024) | 1595.0% | Mumbai, Maharashtra, India | |||
| PNP Maritime Services Private Limitedthis company | ₹219.86 Cr (FY 2023) | ₹10.47 Cr | 4.8% | 11.0% | 156 | Mumbai, Maharashtra, India |
| Winasia Maritime Private Limited | ₹213.39 Cr (FY 2025) | 31.0% | Gandhidham, Gujarat, India | |||
| Parekh Marine Services Private Limited | ₹200.31 Cr (FY 2025) | 100.0% | Mumbai, Maharashtra, India | |||
| Swayam Shipping Services Private Limited | ₹192.54 Cr (FY 2025) | 19.0% | Gandhidham, Gujarat, India |
To see the full peer comparison of PNP Maritime Services Private Limited, buy the company report.
Auditor
PNP Maritime Services Private Limited is audited by Walker Chandiok & Co LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Walker Chandiok & Co LLP | FY 2023 | 001076N/N500013 |
Shareholding
The shareholding of PNP Maritime 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 PNP Maritime Services Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Sep 2024 | 100978863 | Others | ₹152.98 Cr | Open | |
| 20 Dec 2023 | 100845860 | The Zoroastrian Co-Operative Bank Limited | ₹13 Cr | Satisfied | |
| 08 Feb 2021 | 100422625 | Others | ₹22.41 Cr | Satisfied | |
| 20 Dec 2018 | 100226678 | The Zoroastrian Co-Operative Bank Limited | ₹14.4 Cr | Satisfied | |
| 29 Apr 2015 | 10571178 | Others | ₹247 Cr | Satisfied |
To see the full charge records of PNP Maritime Services Private Limited, buy the company report.
Total charge records: 9 View all charges
Deals & funding
PNP Maritime Services Private Limited has 6 deals on record (4 secondary share transfers, 2 funding rounds), with disclosed funding of ₹60.76 Cr; the latest was in December 2023.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2023 | Secondary share transfer | Undisclosed | Buyer: JSW Dharamtar Port Private Limited Seller: SP Port Maintenance Private Limited |
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: SP Port Maintenance Private Limited Seller: Shapoorji Pallonji and Company Private Limited |
| Apr 2015 | Funding round | ₹60 Cr | Investors: Shapoorji Pallonji and Company Private Limited |
| Mar 2015 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2015 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 4 individuals |
To see the full deal history of PNP Maritime Services Private 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
PNP Maritime Services Private Limited has 13 court cases on record: 5 filed by PNP Maritime Services, 8 filed against it. 10 cases are pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 7 | 5 | 4 |
| District courts | 6 | 3 | 6 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Raigad, Maharashtra | Court case (Civil M.A.) | Filed against the company by Dholera Pedestal Pvt Ltd | Pending |
| District court, Raigad, Maharashtra | Court case (Civil M.A.) | Filed against the company by Ambuja Cements Limited | Pending |
| District court, Raigad, Maharashtra | Civil suit | Filed by the company against M S Adani Cementation Limited and 1 other | Pending |
| District court, Raigad, Maharashtra | Civil suit | Filed by the company against Dholera Pedestal Pvt Ltd and 7 others | Pending |
| Bombay High Court | Interim or miscellaneous application | Filed by the company against Maharashtra Maritime Board | Pending |
To see the full case history of PNP Maritime 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.
Credit ratings & regulatory alerts
PNP Maritime Services Private Limited was last rated by Care on 05 Sep 2025.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 05 Sep 2025 |
To see the full credit ratings and regulatory alerts of PNP Maritime Services Private Limited, buy the company report.
MSME payment delays
PNP Maritime Services Private Limited has 11 MSME Form 1 returns on record between 2018 and 2023, listing 496 overdue payments to 17 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 17)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| True Trans Automotive |
To see the full MSME payment records of PNP Maritime Services Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
PNP Maritime Services Private Limited has a workforce of 156 employees on its EPFO records as of Apr 10, 2024, across 1 active EPFO establishment.
GST
PNP Maritime Services has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCP8020D1ZS | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of PNP Maritime Services Private Limited, buy the company report.
Recent activity
PNP Maritime Services Private Limited has 12 board changes on record since 1999: 4 appointments and 8 cessations. The latest: Karun Kant Dave was appointed as Director on 26 Dec 2023.
24 earlier events are in the company report.
Frequently asked questions
PNP Maritime Services is an active private 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 25 August 1999 (27+ years old) and is registered under CIN U63090MH1999PTC121461.
PNP Maritime Services has 4 current directors:
- Nrupal Jayant Patil - Director
- Sachin Tipnis Sharad - Director
- Rakesh Singh Sisodia - Director
- Karun Kant Dave - Director
The latest financial statements of PNP Maritime Services on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 July 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of PNP Maritime Services is 27AABCP8020D1ZS, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of PNP Maritime Services is U63090MH1999PTC121461. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
PNP Maritime Services has 13 court cases on record: 5 filed by the company and 8 filed against it. 10 are pending. Most are in the high courts.
PNP Maritime Services was incorporated on 25 August 1999, making it 27+ years old. It is registered with the Registrar of Companies, Mumbai.
PNP Maritime Services has 6 deals on record (4 secondary share transfers, 2 funding rounds), with disclosed funding of ₹60.76 Cr; the latest was in December 2023.
The peers of PNP Maritime Services by revenue are SP Port Maintenance Private Limited, Winasia Maritime Private Limited, Parekh Marine Services Private Limited, Swayam Shipping Services Private Limited, all in the Transport and Logistics industry (Bulk Cargo and Container, Maritime Services, Ports), with the same principal business activity (services incidental to land, water & air transportation).
Karun Kant Dave was appointed as Director on 26 Dec 2023. Karun Kant Dave ceased to be Additional Director on 26 Dec 2023. Rakesh Singh Sisodia was appointed as Director on 26 Dec 2023. PNP Maritime Services has 12 board changes on record in total.
PNP Maritime Services has 11 MSME Form 1 returns on record between 2018 and 2023, listing 496 overdue payments to 17 micro and small suppliers. The latest return was filed on 29 Aug 2023.
PNP Maritime Services can be reached through the website pnpport.com. Its registered office is in Mumbai, Maharashtra, India.
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.
