MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-33-0038319
Sea Syst Engineering (India ) Private Limited - transport and logistics in Navi Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹1.59 Cr
▼ 31% YoY
Net profit · FY 2025
₹6.24 Lakh
Net margin 3.9%
EBITDA · FY 2025
₹21.1 Lakh
EBITDA margin 13.3%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Open charges
₹1.35 Cr
Satisfied ₹2.15 Cr
Company age
23 yrs
Est. 2003
Directors on board
4
As per MCA filings
About Sea Syst Engineering (India ) Private Limited
Data last updated:
Sea Syst Engineering (India ) Private Limited is a private limited company based in Navi Mumbai, Maharashtra, India. It operates in the shipbuilding and repair services segment of the transport and logistics sector. It was incorporated on 07 January 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U63032MH2003PTC138576. Its GSTIN is 27AAKCS3113P1ZZ (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Milan Kanti Mukherjee and Tapan Connolly Mukherjee.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Flat No. 1302 Plot No. 182 Amar Heights Sector 13 Kharghar, Navi Mumbai, Maharashtra, India – 410210.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.59 Cr, a decline of 31% compared to the previous year. For the same year it recorded a net profit of ₹6.24 Lakh (net margin 3.9%) and EBITDA of ₹21.1 Lakh (EBITDA margin 13.3%). Revenue has declined at a compounded annual rate (CAGR) of 6% over three years and 16% over five years.
As per MCA filings, the company has open charges of ₹1.35 Cr and satisfied charges of ₹2.15 Cr on record. Court records list 2 cases involving the company, including 2 filed against it; 1 case is pending.
Sea Syst Engineering (India ) Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0038319). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website seasystgroup.in.
Company details
CIN U63032MH2003PTC138576
Registration Number 138576
Incorporation Date 07 January 2003
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-33-0038319
Key People
Milan Kanti Mukherjee Director Tapan Connolly Mukherjee Director Sharad Govind Deval Director Recognitions & Rankings of Sea Syst Engineering (India )
Contact details
Sea Syst Engineering (India ) Private Limited's registered office is in Navi Mumbai, Maharashtra. Its website is seasystgroup.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressFlat No. 1302 Plot No. 182 Amar Heights Sector 13 Kharghar, Navi Mumbai, Maharashtra, India – 410210
- IndustryTransport and Logistics, Shipbuilding & Repair Services
To see the full contact details of Sea Syst Engineering (India ) Private Limited, buy the company report.
Comprehensive company report
Sea Syst Engineering (India ) 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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Business activity
The main business activity of Sea Syst Engineering (India ) is professional, scientific and technical activities. In detail, this covers architectural and engineering activities; technical testing and analysis.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, scientific and technical activities | 71 | Architectural and engineering activities; technical testing and analysis |
To see the full business activity and turnover split of Sea Syst Engineering (India ) Private Limited, buy the company report.
Financials of Sea Syst Engineering (India ) Private Limited
FY 2025 filings availableSea Syst Engineering (India ) Private Limited reported revenue of ₹1.59 Cr (down 31% YoY) for FY 2025.
Revenue · FY 2025
₹1.59 Cr ▼ 31%
Net profit · FY 2025
₹6.24 Lakh margin 3.9%
EBITDA · FY 2025
₹21.1 Lakh margin 13.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 31%
3 years · compounded
▼ 6%
5 years · compounded
▼ 16%
EBITDA CAGR growth
1 year
▲ 34%
3 years · compounded
▲ 24%
5 years · compounded
▲ 5%
Revenue has declined at a compounded annual rate (CAGR) of 16% over five years, including a 31% fall in the latest year. EBITDA rose 34% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹1.59 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹21.1 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹6.24 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 13.3% | ||||
| Net Profit Margin | 3.9% | ||||
| 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 Sea Syst Engineering (India ) Private Limited, buy the company report.
Board of directors of Sea Syst Engineering (India ) Private Limited
Sea Syst Engineering (India ) has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Milan Kanti Mukherjee | Director | 07 Jan 2003 | 23 Years 9 Months | Current |
| Tapan Connolly Mukherjee | Director | 22 Oct 2021 | 5 Years 0 Months | Current |
| Sharad Govind Deval | Director | 16 Aug 2006 | 20 Years 2 Months | Current |
| Ikshwaku Daheer Joshi | Additional Director | 16 Jun 2025 | 1 Years 4 Months | Current |
Auditor
Sea Syst Engineering (India ) Private Limited is audited by M G BHANUSHALI & CO. for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M G BHANUSHALI & CO. | FY 2024 | 168777 |
Shareholding
The shareholding of Sea Syst Engineering (India ) Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Sea Syst Engineering (India ) Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1.35 Cr
Satisfied charges
₹2.15 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Nov 2017 | 100196982 | Others | ₹1.3 Cr | Open | |
| 30 Sep 2015 | 10597706 | The Saraswat Co-Operative Bank Limited | ₹4.92 Lakh | Open | |
| 17 Sep 2009 | 10179740 | State Bank of India | ₹1.25 Cr | Satisfied | |
| 03 Jan 2007 | 10035636 | State Bank of Suarashtra | ₹89.5 Lakh | Satisfied |
To see the full charge records of Sea Syst Engineering (India ) Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Sea Syst Engineering (India ) Private Limited has 2 court cases on record: 2 filed against it. 1 case is pending and 1 is disposed.
Total cases
2
Filed against the company
2
Pending
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thane, Maharashtra | Civil suit | Filed against the company by Direct Logistics India Pvt Ltd | Pending |
| District court, Thane, Maharashtra | Civil suit | Filed against the company by Direct Logistics India Pvt Ltd | Disposed |
To see the full case history of Sea Syst Engineering (India ) 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 Sea Syst Engineering (India ) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sea Syst Engineering (India ) has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAKCS3113P1ZZ | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sea Syst Engineering (India ) Private Limited, buy the company report.
Recent activity
Sea Syst Engineering (India ) Private Limited has 6 board changes on record since 2003: 4 appointments and 2 cessations. The latest: Ikshwaku Daheer Joshi was appointed as Additional Director on 16 Jun 2025.
AGM
Sea Syst Engineering (India ) Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Appointed
Ikshwaku Daheer Joshi was appointed as Additional Director.
Filing
Sea Syst Engineering (India ) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Ceased
Tapan Connolly Mukherjee ceased to be Additional Director.
Appointed
Tapan Connolly Mukherjee was appointed as Director.
Charges
A charge registered on 17 Sep 2009 via Charge ID 10179740 with State Bank Of India was fully satisfied on 03 Jul 2018.
Charges
A charge registered on 03 Jan 2007 via Charge ID 10035636 with State Bank Of Suarashtra was fully satisfied on 03 Jul 2018.
Ceased
Akkineni Amala ceased to be Director.
Charges
A charge with Others amounted to Rs. 130.00 Lakh with Charge ID 100196982 was registered on 29 Nov 2017.
Charges
A charge with The Saraswat Co-Operative Bank Limited amounted to Rs. 4.92 Lakh with Charge ID 10597706 was registered on 30 Sep 2015.
Charges
A charge with State Bank Of India of Rs. 125.00 Lakh registered on 17 Sep 2009 with Charge ID 10179740 was modified on 19 Jun 2013.
Charges
A charge with State Bank Of India amounted to Rs. 125.00 Lakh with Charge ID 10179740 was registered on 17 Sep 2009.
4 earlier events are in the company report.
Frequently asked questions
Sea Syst Engineering (India ) is an active private limited company based in Navi Mumbai, Maharashtra, India. The company works in shipbuilding and repair services, within the transport and logistics industry. It was incorporated on 07 January 2003 (23+ years old) and is registered under CIN U63032MH2003PTC138576.
Sea Syst Engineering (India ) has 4 current directors:
- Milan Kanti Mukherjee - Director
- Tapan Connolly Mukherjee - Director
- Sharad Govind Deval - Director
- Ikshwaku Daheer Joshi - Additional Director
The latest financial statements of Sea Syst Engineering (India ) on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Sea Syst Engineering (India ) is 27AAKCS3113P1ZZ, 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 Sea Syst Engineering (India ) is U63032MH2003PTC138576. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sea Syst Engineering (India ) has 2 court cases on record: 2 filed against it. 1 is pending.
Sea Syst Engineering (India ) was incorporated on 07 January 2003, making it 23+ years old. It is registered with the Registrar of Companies, Mumbai.
Ikshwaku Daheer Joshi was appointed as Additional Director on 16 Jun 2025. Tapan Connolly Mukherjee ceased to be Additional Director on 30 Nov 2021. Tapan Connolly Mukherjee was appointed as Director on 22 Oct 2021. Sea Syst Engineering (India ) has 6 board changes on record in total.
Yes, Sea Syst Engineering (India ) is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-33-0038319).
Sea Syst Engineering (India ) can be reached through the website seasystgroup.in. Its registered office is in Navi Mumbai, Maharashtra, India.
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