Seatech Shipping & Projects (I) Private Limited

Seatech Shipping & Projects (I) Private Limited - transport and logistics in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U63013MH2008PTC177918 Incorporated 18 January 2008 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company transport and logistics
Data last updated
Revenue · FY 2025
₹104.4 Cr
▲ 79% YoY
Net profit · FY 2025
₹1.02 Cr
Net margin 1%
EBITDA · FY 2025
₹1.8 Cr
EBITDA margin 1.7%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹75,000
Issued & subscribed
Open charges
₹4.8 Cr
Satisfied ₹75 Lakh
Company age
18 yrs
Est. 2008
Employees · EPFO
36
Provident fund records

About Seatech Shipping & Projects (I) Private Limited

Data last updated:

Seatech Shipping & Projects (I) Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the shipping and maritime services segment of the transport and logistics sector. It was incorporated on 18 January 2008 and has been in existence for over 18 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U63013MH2008PTC177918. Its GSTIN is 27AALCS8068C1Z1 (Maharashtra). The company holds 5 GST registrations, all of them active.

The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹75,000. It is led by directors Hetal Christopher Phillips and Christopher Sydney Phillips.

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 Mumbai, Maharashtra.

As per the financials filed for FY 2025, the company reported a revenue of ₹104.4 Cr, a growth of 79% compared to the previous year. For the same year it recorded a net profit of ₹1.02 Cr (net margin 1%) and EBITDA of ₹1.8 Cr (EBITDA margin 1.7%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years and 23% over five years.

The company has about 36 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹4.8 Cr and satisfied charges of ₹75 Lakh on record. Court records list 3 cases involving the company, including 3 filed by the company; 2 cases are pending.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website seatechindia.com.

Company details

CIN U63013MH2008PTC177918
Registration Number 177918
Incorporation Date 18 January 2008
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant

Contact details

Seatech Shipping & Projects (I) Private Limited's registered office is in Mumbai, Maharashtra. Its website is seatechindia.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    1004 – 1005 Antariksh Building Makwana Road Off Andheri – Kurla Road Marol Andheri (, East), Mumbai, Maharashtra, India – 400059
  • Industry
    Transport and Logistics, Shipping & Maritime Services

To see the full contact details of Seatech Shipping & Projects (I) Private Limited, buy the company report.

Comprehensive company report
Seatech Shipping & Projects (I) 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 Seatech Shipping & Projects (I) is transport and storage. In detail, this covers services incidental to land, water & air transportation.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
HTransport and storageH5Services incidental to land, water & air transportation

To see the full business activity and turnover split of Seatech Shipping & Projects (I) Private Limited, buy the company report.

Financials of Seatech Shipping & Projects (I) Private Limited

FY 2024 filings available

Seatech Shipping & Projects (I) Private Limited reported revenue of ₹104.4 Cr (up 79% YoY) for FY 2025.

Revenue · FY 2025
₹104.4 Cr ▲ 79%
Net profit · FY 2025
₹1.02 Cr margin 1%
EBITDA · FY 2025
₹1.8 Cr margin 1.7%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 79%
3 years · compounded
▼ 11%
5 years · compounded
▲ 23%
EBITDA CAGR growth
1 year
▲ 24%
3 years · compounded
▼ 8%
5 years · compounded
▲ 1%

Revenue has grown at a compounded annual rate (CAGR) of 23% over five years, including 79% growth in the latest year. EBITDA rose 24% 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 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
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₹1.8 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹1.02 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin1.7%
Net Profit Margin1%
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 Seatech Shipping & Projects (I) Private Limited, buy the company report.

Board of directors of Seatech Shipping & Projects (I) Private Limited

Seatech Shipping & Projects (I) has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Hetal Christopher PhillipsDirector18 Jan 200818 Years 9 MonthsCurrent
Christopher Sydney PhillipsDirector18 Jan 200818 Years 9 MonthsCurrent

Peer comparison

Seatech Shipping & Projects (I) Private Limited is compared with the 4 companies closest to it by revenue in the Shipping industry (Shipping Services), with the same principal business activity (services incidental to land, water & air transportation), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Monter Shipping & Logistics (India) Private Limited₹116.45 Cr (FY 2025)4.0%Chennai, Tamil Nadu, India
Seatech Shipping & Projects (I) Private Limitedthis company₹104.4 Cr (FY 2025)₹1.02 Cr1%79.0%36Mumbai, Maharashtra, India
Anglo-Eastern Ship Management (India) Private Limited₹103.69 Cr (FY 2025)2.0%Mumbai, Maharashtra, India
Blue Bell Logistics Private Limited₹102.2 Cr (FY 2025)63.0%New Delhi, Delhi, India
Sadhav Shipping Limited₹97.44 Cr (FY 2025)15.0%Mumbai, Maharashtra, India

To see the full peer comparison of Seatech Shipping & Projects (I) Private Limited, buy the company report.

Auditor

Seatech Shipping & Projects (I) Private Limited is audited by Ashar & Co. for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Ashar & Co.FY 2023129159W

Shareholding

The shareholding of Seatech Shipping & Projects (I) 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Seatech Shipping & Projects (I) Private Limited, buy the company report.

Charges & borrowings

Open charges
₹4.8 Cr
Satisfied charges
₹75 Lakh
Breakdown by lending institutions
Others₹4.80 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
12 Mar 2020100331172Others₹3.5 CrOpen
27 Jun 201210369468Others₹1.3 CrOpen
26 Jul 201110331625Indusind Bank Limited₹75 LakhSatisfied

To see the full charge records of Seatech Shipping & Projects (I) Private Limited, buy the company report.

Total charge records: 3 View all charges

MSME payment delays

Seatech Shipping & Projects (I) Private Limited has 19 MSME Form 1 returns on record between 2019 and 2023, listing 45 overdue payments to 21 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 21)

SupplierAmount dueDue sinceReported on
Darshan Roadlines Private Limited
V V Shipping & Logistics Private Limited
Max Shipping and Forwarding Private Limited
an individual supplier
an individual supplier

To see the full MSME payment records of Seatech Shipping & Projects (I) Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Seatech Shipping & Projects (I) Private Limited has a workforce of 36 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.

Employee count
36
Active EPFO establishments
1
Employee growth
2.86%

GST

Seatech Shipping & Projects (I) has 5 GST registrations: 5 active. The first 4 active GSTINs are listed below.

Total GSTINs
5
Active
5
GSTINStateStatusRegistered on
27AALCS8068C1Z1MaharashtraActive01 Jul 2017
24AALCS8068C1Z7GujaratActive05 Jul 2017
33AALCS8068C1Z8Tamil NaduActive05 Jul 2017
07AALCS8068C1Z3DelhiActive12 Jul 2017

To see the full GST registrations and return filing status of Seatech Shipping & Projects (I) Private Limited, buy the company report.

Recent activity

Seatech Shipping & Projects (I) Private Limited has 2 board changes on record since 2008: 2 appointments. The latest: Christopher Sydney Phillips was appointed as Director on 18 Jan 2008.

AGM
Seatech Shipping & Projects (I) Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Seatech Shipping & Projects (I) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge with Others of Rs. 350.00 Lakh registered on 12 Mar 2020 with Charge ID 100331172 was modified on 15 Oct 2022.
Charges
A charge with Others amounted to Rs. 350.00 Lakh with Charge ID 100331172 was registered on 12 Mar 2020.
Charges
A charge with Others of Rs. 130.00 Lakh registered on 27 Jun 2012 with Charge ID 10369468 was modified on 07 Jun 2019.
Charges
A charge registered on 26 Jul 2011 via Charge ID 10331625 with Indusind Bank Limited was fully satisfied on 17 Mar 2018.
Charges
A charge with Others amounted to Rs. 130.00 Lakh with Charge ID 10369468 was registered on 27 Jun 2012.
Charges
A charge with Indusind Bank Limited amounted to Rs. 75.00 Lakh with Charge ID 10331625 was registered on 26 Jul 2011.
Appointed
Christopher Sydney Phillips was appointed as Director.
Appointed
Hetal Christopher Phillips was appointed as Director.
Incorporation
18 Jan 2008
Seatech Shipping & Projects (I) Private Limited was registered on 18 Jan 2008 with Roc Mumbai & aged 18 years 9 months as per MCA records.

Frequently asked questions

Seatech Shipping & Projects (I) is an active private limited company based in Mumbai, Maharashtra, India. The company works in shipping and maritime services, within the transport and logistics industry. It was incorporated on 18 January 2008 (18+ years old) and is registered under CIN U63013MH2008PTC177918.

Seatech Shipping & Projects (I) has 2 current directors:

The latest financial statements of Seatech Shipping & Projects (I) 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 2015 are in the company report.

The GSTIN of Seatech Shipping & Projects (I) is 27AALCS8068C1Z1, registered in Maharashtra. The company has 5 GST registrations in all, of which 5 are active. Other active GSTINs include 24AALCS8068C1Z7 (Gujarat), 33AALCS8068C1Z8 (Tamil Nadu), 07AALCS8068C1Z3 (Delhi).

The CIN (Corporate Identification Number) of Seatech Shipping & Projects (I) is U63013MH2008PTC177918. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Seatech Shipping & Projects (I) has 3 court cases on record: 3 filed by the company. 2 are pending. Most are in the district courts.

Seatech Shipping & Projects (I) was incorporated on 18 January 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.

The peers of Seatech Shipping & Projects (I) by revenue are Monter Shipping & Logistics (India) Private Limited, Anglo-Eastern Ship Management (India) Private Limited, Blue Bell Logistics Private Limited, Sadhav Shipping Limited, all in the Shipping industry (Shipping Services), with the same principal business activity (services incidental to land, water & air transportation).

Christopher Sydney Phillips was appointed as Director on 18 Jan 2008. Hetal Christopher Phillips was appointed as Director on 18 Jan 2008.

Seatech Shipping & Projects (I) has 19 MSME Form 1 returns on record between 2019 and 2023, listing 45 overdue payments to 21 micro and small suppliers. The latest return was filed on 16 Nov 2023.

Seatech Shipping & Projects (I) can be reached through the website seatechindia.com. Its registered office is in Mumbai, Maharashtra, India.

The registered office of Seatech Shipping & Projects (I) is at 1004 – 1005 Antariksh Building Makwana Road Off Andheri – Kurla Road Marol Andheri , East, Mumbai, Maharashtra, India – 400059.