- Category
- Small (2023-24)
- Udyam number
- UDYAM-KL-02-0032133

About Rec Maritime Private Limited
Data last updated:
Rec Maritime Private Limited is a private limited company based in Kochi, Kerala, India. It operates in the integrated logistics and supply chain solutions segment of the transport and logistics sector. It was incorporated on 02 December 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U74999KL2019PTC060575. Its GSTIN is 32AAJCR9423Q1ZR (Kerala). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Kannan Venugopalan (Managing Director) and Shinoj.
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 60/17.A.4 Peter’S Enclave Opp. Kairali Appartment, Kochi, Kerala, India – 682036.
As per the financials filed for FY 2024, the company reported a revenue of ₹13.69 Cr, a decline of 21% compared to the previous year. For the same year it recorded a net profit of ₹30.88 Lakh (net margin 2.3%) and EBITDA of ₹46.55 Lakh (EBITDA margin 3.4%). Revenue has grown at a compounded annual rate (CAGR) of 44% over three years.
The company is associated with 1 brand: Recmaritime. As per MCA filings, the company has open charges of ₹2.8 Cr on record.
Rec Maritime Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KL-02-0032133). For more details, the company can be reached via its website recmaritime.com.
Company details
Recognitions & Rankings of Rec Maritime
Contact details
Rec Maritime Private Limited's registered office is in Kochi, Kerala. Its website is recmaritime.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address60/17.A.4 Peter’S Enclave Opp. Kairali Appartment, Kochi, Kerala, India – 682036
- IndustryTransport and Logistics, Integrated & Diversified Logistics Services
To see the full contact details of Rec Maritime 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
Rec Maritime operates one associated brand: Recmaritime. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| recmaritime.com |
Business activity
The main business activity of Rec Maritime 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 Rec Maritime Private Limited, buy the company report.
Financials of Rec Maritime Private Limited
FY 2024 filings availableRec Maritime Private Limited reported revenue of ₹13.69 Cr (down 21% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 21% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 44%. EBITDA fell 32% 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 |
|---|---|---|---|---|---|
| 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 | ₹46.55 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹30.88 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.4% | ||||
| Net Profit Margin | 2.3% | ||||
| 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 Rec Maritime Private Limited, buy the company report.
Board of directors of Rec Maritime Private Limited
Rec Maritime has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shinoj | Director | 12 Jul 2021 | 5 Years 3 Months | Current |
| Jayaraj | Director | 12 Jul 2021 | 5 Years 3 Months | Current |
| Omar Muhabbib Moulana Hakeem Shah | Director | 02 Dec 2019 | 6 Years 10 Months | Current |
| Kannan Venugopalan | Managing Director | 02 Dec 2019 | 6 Years 10 Months | Current |
Peer comparison
Rec Maritime Private Limited is compared with the 5 companies closest to it by revenue in the Transport and Logistics industry (Diversified Logistics), 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 |
|---|---|---|---|---|---|---|
| Vasara Logistics Private Limited | ₹13.7 Cr (FY 2023) | 56.0% | Chennai, Tamil Nadu, India | |||
| Time Cargo and Travel Private Limited | ₹13.7 Cr (FY 2025) | 35.0% | Delhi, India | |||
| Rec Maritime Private Limitedthis company | ₹13.69 Cr (FY 2024) | ₹30.88 Lakh | 2.3% | -21.0% | Kochi, Kerala, India | |
| Geomett Box Private Limited | ₹13.66 Cr (FY 2024) | 859.0% | Mumbai, Maharashtra, India | |||
| Fidelity Express India Private Limited | ₹13.66 Cr (FY 2025) | 792.0% | Mumbai, Maharashtra, India | |||
| B G Somadder & Sons Pvt Ltd | ₹13.64 Cr (FY 2025) | -19.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Rec Maritime Private Limited, buy the company report.
Auditor
Rec Maritime Private Limited is audited by R RAJAN ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R RAJAN ASSOCIATES | FY 2023 | 003422S |
Shareholding
The shareholding of Rec Maritime Private Limited is on record for 3 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 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Rec Maritime Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Dec 2022 | 100670225 | Others | ₹2.5 Cr | Open | |
| 30 Mar 2022 | 100559896 | Others | ₹30 Lakh | Open |
To see the full charge records of Rec Maritime Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Rec Maritime 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 Rec Maritime Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Rec Maritime has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AAJCR9423Q1ZR | Kerala | Active | 05 Mar 2020 |
| 29AAJCR9423Q1ZE | Karnataka | Active | 02 Mar 2020 |
| 33AAJCR9423Q1ZP | Tamil Nadu | Active | 23 Jun 2023 |
To see the full GST registrations and return filing status of Rec Maritime Private Limited, buy the company report.
Recent activity
Rec Maritime Private Limited has 6 board changes on record since 2019: 4 appointments and 2 cessations. The latest: Jayaraj ceased to be Additional Director on 30 Nov 2021.
Frequently asked questions
Rec Maritime is an active private limited company based in Kochi, Kerala, India. The company works in integrated and diversified logistics services, within the transport and logistics industry. It was incorporated on 02 December 2019 (7+ years old) and is registered under CIN U74999KL2019PTC060575.
Rec Maritime has 4 current directors:
- Kannan Venugopalan - Managing Director
- Shinoj - Director
- Jayaraj - Director
- Omar Muhabbib Moulana Hakeem Shah - Director
The latest financial statements of Rec Maritime 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 2020 are in the company report.
The GSTIN of Rec Maritime is 32AAJCR9423Q1ZR, registered in Kerala. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 29AAJCR9423Q1ZE (Karnataka), 33AAJCR9423Q1ZP (Tamil Nadu).
The CIN (Corporate Identification Number) of Rec Maritime is U74999KL2019PTC060575. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rec Maritime was incorporated on 02 December 2019, making it 7+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Rec Maritime by revenue are Vasara Logistics Private Limited, Time Cargo and Travel Private Limited, Geomett Box Private Limited, Fidelity Express India Private Limited, B G Somadder & Sons Pvt Ltd, all in the Transport and Logistics industry (Diversified Logistics), with the same principal business activity (services incidental to land, water & air transportation).
Jayaraj ceased to be Additional Director on 30 Nov 2021. Shinoj ceased to be Additional Director on 30 Nov 2021. Jayaraj was appointed as Director on 12 Jul 2021. Rec Maritime has 6 board changes on record in total.
Yes, Rec Maritime is registered as a small enterprise under Udyam registration (number: UDYAM-KL-02-0032133).
Rec Maritime can be reached through the website recmaritime.com. Its registered office is in Kochi, Kerala, India.
The registered office of Rec Maritime is at 6017.A.4 Peter’S Enclave Opp. Kairali Appartment, Kochi, Kerala, India – 682036.

