About Seven Seas Navigation (India) Private Limited
Data last updated:
Seven Seas Navigation (India) 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 20 February 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U61100MH2009PTC190477. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Shakeel Ahmed Shaikh and Moinuddin Khaja.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Commercial Chambers Office No.42 3rd Floor Yusuf Meherali Road Masjid (West), Mumbai, Maharashtra, India – 400003.
As per the financials filed for FY 2021, the company reported a revenue of ₹3.07 Lakh, a decline of 46% compared to the previous year. For the same year it recorded a net loss of ₹2.42 Lakh (net margin -78.6%) and EBITDA of -₹11,598 (EBITDA margin -3.8%). Revenue has declined at a compounded annual rate (CAGR) of 79% over three years and 61% over five years.
Court records list 19 cases involving the company, including 19 filed against it; 6 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 sevenseasnavigation.in.
Company details
Contact details
Seven Seas Navigation (India) Private Limited's registered office is in Mumbai, Maharashtra. Its website is sevenseasnavigation.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressCommercial Chambers Office No.42 3rd Floor Yusuf Meherali Road Masjid (West), Mumbai, Maharashtra, India – 400003
- IndustryTransport and Logistics, Shipping & Maritime Services, Shipbuilding & Repair Services, Shipbroking & Shipping Agency Services
To see the full contact details of Seven Seas Navigation (India) 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
Business activity
The main business activity of Seven Seas Navigation (India) is professional, scientific and technical. In detail, this covers management consultancy activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M3 | Management consultancy activities |
To see the full business activity and turnover split of Seven Seas Navigation (India) Private Limited, buy the company report.
Financials of Seven Seas Navigation (India) Private Limited
FY 2021 filings availableSeven Seas Navigation (India) Private Limited reported revenue of ₹3.07 Lakh (down 46% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 61% over five years, including a 46% fall in the latest year. EBITDA fell 104% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| 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 | -₹11,598 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹2.42 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -3.8% | ||||
| Net Profit Margin | -78.6% | ||||
| 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 Seven Seas Navigation (India) Private Limited, buy the company report.
Board of directors of Seven Seas Navigation (India) Private Limited
Seven Seas Navigation (India) has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Moinuddin Khaja Also directs: Caribbean Maritime Training Academy Private Limited | Additional Director | 15 Jul 2016 | 10 Years 3 Months | Current |
| Mohammed Afsar Mohammed Aziz | Additional Director | 15 Oct 2014 | 12 Years 0 Months | Current |
| Shakeel Ahmed Shaikh | Director | 20 Feb 2009 | 17 Years 8 Months | Current |
Auditor
Seven Seas Navigation (India) Private Limited is audited by NEHA K AGARWAL & ASSOCIATES for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NEHA K AGARWAL & ASSOCIATES | FY 2016 | 136106W |
Shareholding
The shareholding of Seven Seas Navigation (India) Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Seven Seas Navigation (India) Private Limited, buy the company report.
Legal cases
Seven Seas Navigation (India) Private Limited has 19 court cases on record: 19 filed against it. 6 cases are pending and 13 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 18 | 18 | 6 |
| High courts | 1 | 1 | 0 |
Cases on record (5 of 19)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (SS CASES S) | Filed against the company by Bajaj Finance Ltd | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Magma Fincorp Limited | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons cases SS) | Filed against the company by Capital First Ltd | Disposed |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by India Infoline Finance Limited | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SS) | Filed against the company by M/S Indusind Bank Ltd | Disposed |
To see the full case history of Seven Seas Navigation (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 Seven Seas Navigation (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Seven Seas Navigation (India) has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Seven Seas Navigation (India) Private Limited, buy the company report.
Recent activity
Seven Seas Navigation (India) Private Limited has 9 board changes on record since 2009: 6 appointments and 3 cessations. The latest: Akheel Ahmed ceased to be Director on 15 Jul 2016.
Frequently asked questions
Seven Seas Navigation (India) 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 20 February 2009 (17+ years old) and is registered under CIN U61100MH2009PTC190477.
Seven Seas Navigation (India) has 3 current directors:
- Moinuddin Khaja - Additional Director
- Mohammed Afsar Mohammed Aziz - Additional Director
- Shakeel Ahmed Shaikh - Director
The latest financial statements of Seven Seas Navigation (India) on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
No. Seven Seas Navigation (India) has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Seven Seas Navigation (India) is U61100MH2009PTC190477. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Seven Seas Navigation (India) has 19 court cases on record: 19 filed against it. 6 are pending. Most are in the district courts.
Seven Seas Navigation (India) was incorporated on 20 February 2009, making it 17+ years old. It is registered with the Registrar of Companies, Mumbai.
Akheel Ahmed ceased to be Director on 15 Jul 2016. Moinuddin Khaja was appointed as Additional Director on 15 Jul 2016. Mohammed Afsar Mohammed Aziz was appointed as Additional Director on 15 Oct 2014. Seven Seas Navigation (India) has 9 board changes on record in total.
Seven Seas Navigation (India) can be reached through the website sevenseasnavigation.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Seven Seas Navigation (India) is at Commercial Chambers Office No.42 3rd Floor Yusuf Meherali Road Masjid West, Mumbai, Maharashtra, India – 400003.