About Sembmarine Kakinada Limited
Data last updated:
Sembmarine Kakinada Limited is a public limited company based in Kakinada, Andhra Pradesh, India. It operates in the shipbuilding and repair services segment of the transport and logistics sector. It was incorporated on 11 November 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U69100AP2009PLC104176. Its GSTIN is 37AANCS5863P2Z9 (Andhra Pradesh). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹225 Cr and a paid-up capital of ₹1 Lakh. It is led by directors including Ravinder Reddy Kondareddy and Drupad Sangwan.
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 Kakinada Deep Water Port First Floor Osv Complex Beach Road Kakinada, Andhra Pradesh, India – 533007.
As per the financials filed for FY 2017, the company reported a revenue of ₹131.88 Cr, a growth of 77% compared to the previous year. For the same year it recorded a net loss of ₹40.83 Cr (net margin -31%) and EBITDA of ₹9.82 Cr (EBITDA margin 7.4%). Revenue has grown at a compounded annual rate (CAGR) of 77% over three years and 114% over five years.
The company has about 10 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Sembmarine Kakinada. As per MCA filings, the company has open charges of ₹682.22 Cr and satisfied charges of ₹227.34 Cr on record. Court records list 11 cases involving the company, including 4 filed by the company and 7 filed against it; 3 cases are pending. The company has 4 deals on record (2 funding rounds, 2 rights issues), with disclosed funding of ₹112.73 Cr; the latest was in May 2016.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website sembkakinada.com.
Company details
CIN history
Sembmarine Kakinada has 3 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U69100AP2009PLC104176, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U69100AP2009PLC104176 | Current |
| U74900AP2009PLC104176 | Previous |
| U74900AP2009PLC065785 | Previous |
| U74900TG2009PLC065785 | Previous |
Contact details
Sembmarine Kakinada Limited's registered office is in Kakinada, Andhra Pradesh.
- Registered AddressKakinada Deep Water Port First Floor Osv Complex Beach Road Kakinada, Andhra Pradesh, India – 533007
- IndustryTransport and Logistics, Shipbuilding & Repair Services
- 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
Sembmarine Kakinada operates one associated brand: Sembmarine Kakinada. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Marine engineering services including ship repairing and building are provided in India. | sklkakinada.com |
Financials of Sembmarine Kakinada Limited
FY 2024 filings availableSembmarine Kakinada Limited reported revenue of ₹131.88 Cr (up 77% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 114% over five years, including 77% growth in the latest year. EBITDA rose 8% 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹131.88 Cr | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹9.82 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹40.83 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
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 7.4% | ||
| Net Profit Margin | -31% | ||
| 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 Sembmarine Kakinada Limited, buy the company report.
Board of directors of Sembmarine Kakinada Limited
Sembmarine Kakinada has 3 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ravinder Reddy Kondareddy | Director | 19 Jun 2024 | 2 Years 4 Months | Current |
| Drupad Sangwan | Director | 19 Jun 2024 | 2 Years 4 Months | Current |
| Anirudh Reddy Kondareddy | Director | 19 Jun 2024 | 2 Years 4 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 May 2012 | 10353242 | Axis Trustee Services Limited | ₹682.22 Cr | Open | |
| 30 Mar 2017 | 100086952 | Axis Bank Limited | ₹186.5 Cr | Satisfied | |
| 04 Jan 2016 | 100017453 | Indian Overseas Bank | ₹13.84 Cr | Satisfied | |
| 20 Dec 2010 | 10257591 | Axis Bank | ₹20 Cr | Satisfied | |
| 07 Dec 2010 | 10254518 | Standard Chartered Bank | ₹7 Cr | Satisfied |
To see the full charge records of Sembmarine Kakinada Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
Sembmarine Kakinada Limited has 4 deals on record (2 funding rounds, 2 rights issues), with disclosed funding of ₹112.73 Cr; the latest was in May 2016.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2016 | Funding round | ₹15 Cr | Investors: India Infrastructure Pte Limited |
| Jul 2014 | Rights issue | ₹15.66 Cr | Investors: Kakinada Infrastructure Holdings Private Limited , India Infrastructure Pte Limited |
| Mar 2013 | Rights issue | ₹90.84 Cr | Investors: Sembawang Shipyard Pte Limited, Kakinada Infrastructure Holdings Private Limited , India Infrastructure Pte Limited |
| Feb 2011 | Funding round | ₹97.73 Cr | Investors: Sembawang Shipyard Pte Limited, Kakinada Infrastructure Holdings Private Limited , India Infrastructure Pte Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Sembmarine Kakinada Limited has 11 court cases on record: 4 filed by Sembmarine Kakinada, 7 filed against it. 3 cases are pending and 8 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLAT | 5 | 3 | 1 |
| District courts | 2 | 2 | 1 |
| High courts | 2 | 0 | 1 |
| NCLT | 2 | 2 | 0 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, Interlocutory Application | Interim or miscellaneous application | Filed by the company against Kakinada Seaports Limited | Disposed |
| NCLAT, NCLAT Chennai | Interim or miscellaneous application | Filed by the company against Kakinada Seaports Limited and 1 other | Disposed |
| District court, Visakapatnam, Andhra Pradesh | Civil suit | Filed against the company by Kaakateeya Fabs Private Limited | Disposed |
| District court, Visakapatnam, Andhra Pradesh | Court case (COS) | Filed against the company by M/S.Riggers, Logistics and Infrastructure Services | Pending |
| NCLAT, NCLAT Chennai | Interim or miscellaneous application | Filed against the company by Asyad Dry Dock Company LLC | Pending |
To see the full case history of Sembmarine Kakinada 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 Sembmarine Kakinada Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sembmarine Kakinada has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AANCS5863P2Z9 | Andhra Pradesh | Active | 26 May 2020 |
To see the full GST registrations and return filing status of Sembmarine Kakinada Limited, buy the company report.
Recent activity
Sembmarine Kakinada Limited has 17 board changes on record since 2010: 3 appointments and 14 cessations. The latest: Anirudh Reddy Kondareddy ceased to be Additional Director on 23 Aug 2024.
19 earlier events are in the company report.
Frequently asked questions
Sembmarine Kakinada is an active public limited company based in Kakinada, Andhra Pradesh, India. The company works in shipbuilding and repair services, within the transport and logistics industry. It was incorporated on 11 November 2009 (17+ years old) and is registered under CIN U69100AP2009PLC104176.
Sembmarine Kakinada has 3 current directors:
- Ravinder Reddy Kondareddy - Director
- Drupad Sangwan - Director
- Anirudh Reddy Kondareddy - Director
The latest financial statements of Sembmarine Kakinada 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 Sembmarine Kakinada is 37AANCS5863P2Z9, registered in Andhra Pradesh. 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 Sembmarine Kakinada is U69100AP2009PLC104176. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sembmarine Kakinada has 11 court cases on record: 4 filed by the company and 7 filed against it. 3 are pending. Most are in the nclat.
Sembmarine Kakinada was incorporated on 11 November 2009, making it 17+ years old. It is registered with the Registrar of Companies, Vijayawada.
Sembmarine Kakinada has 4 deals on record (2 funding rounds, 2 rights issues), with disclosed funding of ₹112.73 Cr; the latest was in May 2016.
Anirudh Reddy Kondareddy ceased to be Additional Director on 23 Aug 2024. Drupad Sangwan ceased to be Additional Director on 22 Aug 2024. Ravinder Reddy Kondareddy ceased to be Additional Director on 22 Aug 2024. Sembmarine Kakinada has 17 board changes on record in total.
Sembmarine Kakinada can be reached through the website sembkakinada.com. Its registered office is in Kakinada, Andhra Pradesh, India.