MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-TN-02-0022435
Protac Shipping Private Limited - transport and logistics in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹2.77 Cr
▲ 38% YoY
Net loss · FY 2023
₹29.99 Lakh
Net margin -10.8%
EBITDA · FY 2023
-₹18.99 Lakh
EBITDA margin -6.8%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Open charges
₹1.47 Cr
Secured borrowings
Company age
10 yrs
Est. 2016
Directors on board
2
As per MCA filings
About Protac Shipping Private Limited
Data last updated:
Protac Shipping Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the cargo services segment of the transport and logistics sector. It was incorporated on 27 April 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U63030TN2016PTC110056. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Preethi Menon and Damodarannair Priyesh.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at No.138 Sp Residency Rajankuppam Vanagaram, Chennai, Tamil Nadu, India – 600095.
As per the financials filed for FY 2023, the company reported a revenue of ₹2.77 Cr, a growth of 38% compared to the previous year. For the same year it recorded a net loss of ₹29.99 Lakh (net margin -10.8%) and EBITDA of -₹18.99 Lakh (EBITDA margin -6.8%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years and 72% over five years.
The company is associated with 1 brand: Protac Shipping. As per MCA filings, the company has open charges of ₹1.47 Cr on record. Court records list 4 cases involving the company, including 4 filed against it; 2 cases are pending.
Protac Shipping Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0022435). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website protacshipping.com.
Company details
CIN U63030TN2016PTC110056
Registration Number 110056
Incorporation Date 27 April 2016
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-TN-02-0022435
Recognitions & Rankings of Protac Shipping
Contact details
Protac Shipping Private Limited's registered office is in Chennai, Tamil Nadu. Its website is protacshipping.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo.138 Sp Residency Rajankuppam Vanagaram, Chennai, Tamil Nadu, India – 600095
- IndustryTransport and Logistics, Cargo Services
To see the full contact details of Protac Shipping Private Limited, buy the company report.
Comprehensive company report
Protac Shipping 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Protac Shipping operates one associated brand: Protac Shipping. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Shipping and logistics services focused on ocean freight and specialized cargo handling in India. | protacshipping.com |
Business activity
The main business activity of Protac Shipping is support service to organizations. In detail, this covers other support services to organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Protac Shipping Private Limited, buy the company report.
Financials of Protac Shipping Private Limited
FY 2023 filings availableProtac Shipping Private Limited reported revenue of ₹2.77 Cr (up 38% YoY) for FY 2023.
Revenue · FY 2023
₹2.77 Cr ▲ 38%
Net loss · FY 2023
₹29.99 Lakh margin -10.8%
EBITDA · FY 2023
-₹18.99 Lakh margin -6.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 38%
3 years · compounded
▼ 19%
5 years · compounded
▲ 72%
EBITDA CAGR growth
1 year
▼ 629%
3 years · compounded
▼ 56%
5 years · compounded
▼ 81%
Revenue has grown at a compounded annual rate (CAGR) of 72% over five years, including 38% growth in the latest year. EBITDA fell 629% 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 | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹18.99 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹29.99 Lakh | ||||
| 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 | -6.8% | ||||
| Net Profit Margin | -10.8% | ||||
| 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 Protac Shipping Private Limited, buy the company report.
Board of directors of Protac Shipping Private Limited
Protac Shipping has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Preethi Menon | Director | 01 Mar 2019 | 7 Years 7 Months | Current |
| Damodarannair Priyesh | Director | 27 Apr 2016 | 10 Years 5 Months | Current |
Auditor
Protac Shipping Private Limited is audited by M A C K AND CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M A C K AND CO | FY 2022 | 018109S |
Shareholding
The shareholding of Protac Shipping 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 Protac Shipping Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1.47 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Dec 2021 | 100520572 | Others | ₹30.9 Lakh | Open | |
| 25 Jun 2021 | 100459357 | Axis Bank Limited | ₹65.58 Lakh | Open | |
| 24 Feb 2021 | 100442545 | Hdfc Bank Limited | ₹20.62 Lakh | Open | |
| 07 Jan 2021 | 100432487 | Axis Bank Limited | ₹30.04 Lakh | Open |
Total charge records: 4 View all charges
Legal cases
Protac Shipping Private Limited has 4 court cases on record: 4 filed against it. 2 cases are pending and 2 are disposed.
Total cases
4
Filed against the company
4
Pending
2
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 2 |
| High courts | 2 | 2 | 0 |
Cases on record (3 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chennai, Tamil Nadu | Criminal case | Filed against the company by Yes Bank Ltd | Pending |
| District court, Hyderabad CCC, Telangana | Cheque dishonour complaint | Filed against the company by Yes Bank Ltd Rep by D. Shyam Kumar Reddy | Pending |
| Madras High Court | Arbitration matter | Filed against the company by Axis Bank Ltd | Disposed |
To see the full case history of Protac Shipping 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 Protac Shipping Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Protac Shipping 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.
Total GSTINs
2
Cancelled / inactive
2
To see the full GST registrations and return filing status of Protac Shipping Private Limited, buy the company report.
Recent activity
Protac Shipping Private Limited has 4 board changes on record since 2016: 3 appointments and 1 cessation. The latest: Anandan Vani ceased to be Director on 04 Mar 2019.
AGM
Protac Shipping Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Protac Shipping Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.
Charges
A charge with Others amounted to Rs. 30.90 Lakh with Charge ID 100520572 was registered on 27 Dec 2021.
Charges
A charge with Axis Bank Limited amounted to Rs. 65.58 Lakh with Charge ID 100459357 was registered on 25 Jun 2021.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 20.62 Lakh with Charge ID 100442545 was registered on 24 Feb 2021.
Charges
A charge with Axis Bank Limited amounted to Rs. 30.04 Lakh with Charge ID 100432487 was registered on 07 Jan 2021.
Ceased
Anandan Vani ceased to be Director.
Appointed
Preethi Menon was appointed as Director.
Appointed
Anandan Vani was appointed as Director.
Appointed
Damodarannair Priyesh was appointed as Director.
Incorporation
27 Apr 2016
Protac Shipping Private Limited was registered on 27 Apr 2016 with Roc Chennai & aged 10 years 5 months as per MCA records.
Frequently asked questions
Protac Shipping is an active private limited company based in Chennai, Tamil Nadu, India. The company works in cargo services, within the transport and logistics industry. It was incorporated on 27 April 2016 (10+ years old) and is registered under CIN U63030TN2016PTC110056.
Protac Shipping has 2 current directors:
- Preethi Menon - Director
- Damodarannair Priyesh - Director
The latest financial statements of Protac Shipping on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2017 are in the company report.
No. Protac Shipping has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Protac Shipping is U63030TN2016PTC110056. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Protac Shipping has 4 court cases on record: 4 filed against it. 2 are pending. Most are in the district courts.
Protac Shipping was incorporated on 27 April 2016, making it 10+ years old. It is registered with the Registrar of Companies, Chennai.
Anandan Vani ceased to be Director on 04 Mar 2019. Preethi Menon was appointed as Director on 01 Mar 2019. Anandan Vani was appointed as Director on 27 Apr 2016. Protac Shipping has 4 board changes on record in total.
Yes, Protac Shipping is registered as a small enterprise under Udyam registration (number: UDYAM-TN-02-0022435).
Protac Shipping can be reached through the website protacshipping.com. Its registered office is in Chennai, Tamil Nadu, India.