Quality Shipping Services Private Limited

Quality Shipping Services Private Limited - transport and logistics in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U74999KA2017PTC101582 Incorporated 22 March 2017 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company transport and logistics MSME · Micro
Data last updated
Revenue · FY 2024
₹4.16 Cr
▲ 26% YoY
Net profit · FY 2024
₹5.27 Lakh
Net margin 1.3%
EBITDA · FY 2024
₹11.18 Lakh
EBITDA margin 2.7%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹32.34 Lakh
Issued & subscribed
Company age
9 yrs
Est. 2017
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered

About Quality Shipping Services Private Limited

Data last updated:

Quality Shipping Services Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the shipping and maritime services segment of the transport and logistics sector. It was incorporated on 22 March 2017 and has been in existence for over 9 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2017PTC101582. Its GSTIN is 29AAACQ4648P1ZP (Karnataka).

The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹32.34 Lakh. It is led by directors Anil Kumar Devan Shekar and Manjunatha Begar Vasanta.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Bangalore, Karnataka.

As per the financials filed for FY 2024, the company reported a revenue of ₹4.16 Cr, a growth of 26% compared to the previous year. For the same year it recorded a net profit of ₹5.27 Lakh (net margin 1.3%) and EBITDA of ₹11.18 Lakh (EBITDA margin 2.7%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 18% over five years.

The company is associated with 1 brand: Quality Shipping Services.

Quality Shipping Services Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0080177). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website qualityshipping.in.

Company details

CIN U74999KA2017PTC101582
Registration Number 101582
Incorporation Date 22 March 2017
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0080177

Recognitions & Rankings of Quality Shipping Services

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-KR-03-0080177

Contact details

Quality Shipping Services Private Limited's registered office is in Bangalore, Karnataka. Its website is qualityshipping.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    No 1206 3rd Floor, 26th Main Road Jayanagar 9th Block, Bangalore, Karnataka, India – 560041
  • Industry
    Transport and Logistics, Shipping & Maritime Services

To see the full contact details of Quality Shipping Services Private Limited, buy the company report.

Comprehensive company report
Quality Shipping 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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Secure checkout · GST invoice included

Brands

Quality Shipping Services operates one associated brand: Quality Shipping Services. Each brand links to its own profile.

BrandDescriptionWebsite
Offers air, sea, land freight and customs clearance services worldwide.qualityshipping.in

Business activity

The main business activity of Quality Shipping Services is transport and storage. In detail, this covers water transport.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
HTransport and storageH3Water transport

To see the full business activity and turnover split of Quality Shipping Services Private Limited, buy the company report.

Financials of Quality Shipping Services Private Limited

FY 2024 filings available

Quality Shipping Services Private Limited reported revenue of ₹4.16 Cr (up 26% YoY) for FY 2024.

Revenue · FY 2024
₹4.16 Cr ▲ 26%
Net profit · FY 2024
₹5.27 Lakh margin 1.3%
EBITDA · FY 2024
₹11.18 Lakh margin 2.7%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 26%
3 years · compounded
▲ 7%
5 years · compounded
▲ 18%
EBITDA CAGR growth
1 year
▲ 145%
3 years · compounded
▲ 44%
5 years · compounded
▲ 26%

Revenue has grown at a compounded annual rate (CAGR) of 18% over five years, including 26% growth in the latest year. EBITDA rose 145% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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₹11.18 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹5.27 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin2.7%
Net Profit Margin1.3%
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 Quality Shipping Services Private Limited, buy the company report.

Board of directors of Quality Shipping Services Private Limited

Quality Shipping Services has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Anil Kumar Devan ShekarDirector24 Aug 20233 Years 2 MonthsCurrent
Manjunatha Begar VasantaDirector22 Mar 20179 Years 7 MonthsCurrent

Auditor

Quality Shipping Services Private Limited is audited by U S GUMASTE AND COMPANY for the financial year 2021.

Auditor firmFinancial yearFirm registration number
U S GUMASTE AND COMPANYFY 2021139986W

Shareholding

The shareholding of Quality Shipping Services Private Limited is on record for 3 financial years, the latest being FY 2021, split between promoters, domestic institutions, public shareholders and others.

Shareholder categoryFY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Public
Others

To see the full shareholding pattern of Quality Shipping Services Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Quality Shipping Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Quality Shipping Services has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AAACQ4648P1ZPKarnatakaActive01 Jul 2017

To see the full GST registrations and return filing status of Quality Shipping Services Private Limited, buy the company report.

Recent activity

Quality Shipping Services Private Limited has 5 board changes on record since 2017: 2 appointments and 3 cessations. The latest: Anil Kumar Devan Shekar ceased to be Additional Director on 29 Sep 2023.

AGM
Quality Shipping Services Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Quality Shipping Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Ceased
Anil Kumar Devan Shekar ceased to be Additional Director.
Appointed
Anil Kumar Devan Shekar was appointed as Director.
Ceased
Maneesh Begar Vasantha ceased to be Director.
Ceased
Jyoti Krishna Bhandari ceased to be Additional Director.
Appointed
Manjunatha Begar Vasanta was appointed as Director.
Incorporation
22 Mar 2017
Quality Shipping Services Private Limited was registered on 22 Mar 2017 with Roc Bangalore & aged 9 years 7 months as per MCA records.

Frequently asked questions

Quality Shipping Services is an active private limited company based in Bangalore, Karnataka, India. The company works in shipping and maritime services, within the transport and logistics industry. It was incorporated on 22 March 2017 (9+ years old) and is registered under CIN U74999KA2017PTC101582.

Quality Shipping Services has 2 current directors:

The latest financial statements of Quality Shipping Services on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2017 are in the company report.

The GSTIN of Quality Shipping Services is 29AAACQ4648P1ZP, registered in Karnataka.

The CIN (Corporate Identification Number) of Quality Shipping Services is U74999KA2017PTC101582. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Quality Shipping Services was incorporated on 22 March 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.

Anil Kumar Devan Shekar ceased to be Additional Director on 29 Sep 2023. Anil Kumar Devan Shekar was appointed as Director on 24 Aug 2023. Maneesh Begar Vasantha ceased to be Director on 24 Aug 2023. Quality Shipping Services has 5 board changes on record in total.

Yes, Quality Shipping Services is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0080177).

Quality Shipping Services can be reached through the website qualityshipping.in. Its registered office is in Bangalore, Karnataka, India.

The registered office of Quality Shipping Services is at No 1206 3rd Floor, 26th Main Road Jayanagar 9th Block, Bangalore, Karnataka, India – 560041.