MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-18-0242936
Ship Air Forwarders Private Limited - transport and logistics in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹3.4 Cr
▲ 10% YoY
Net profit · FY 2023
₹13.61 Lakh
Net margin 4%
EBITDA · FY 2023
₹30.09 Lakh
EBITDA margin 8.9%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹20.35 Lakh
Secured borrowings
Company age
14 yrs
Est. 2012
Directors on board
2
As per MCA filings
About Ship Air Forwarders Private Limited
Data last updated:
Ship Air Forwarders Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the integrated logistics and supply chain solutions segment of the transport and logistics sector. It was incorporated on 21 March 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74120MH2012PTC228532. Its GSTIN is 27AARCS3336F1Z4 (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Deepak Janardan Vichare and Karunakar Shekar Shetty.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at E – 2/A – 404 Highway Park Thakur Complex Kandivali (East), Mumbai, Maharashtra, India – 400101.
As per the financials filed for FY 2023, the company reported a revenue of ₹3.4 Cr, a growth of 10% compared to the previous year. For the same year it recorded a net profit of ₹13.61 Lakh (net margin 4%) and EBITDA of ₹30.09 Lakh (EBITDA margin 8.9%). Revenue has grown at a compounded annual rate (CAGR) of 24% over three years and 15% over five years.
The company is associated with 1 brand: Ship Air. As per MCA filings, the company has open charges of ₹20.35 Lakh on record.
Ship Air Forwarders Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0242936). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shipair.in.
Company Details of Ship Air Forwarders Private Limited
CIN U74120MH2012PTC228532
Registration Number 228532
Incorporation Date 21 March 2012
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-18-0242936
Recognitions & Rankings of Ship Air Forwarders
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressE – 2/A – 404 Highway Park Thakur Complex Kandivali (East), Mumbai, Maharashtra, India – 400101
- IndustryTransport and Logistics, Integrated & Diversified Logistics Services
Comprehensive company report
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Associated Brands with Ship Air Forwarders Private Limited
Ship Air Forwarders operates one associated brand: Ship Air. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers freight forwarding, customs clearance, and logistics solutions for global trade. | shipair.in |
Business Activity of Ship Air Forwarders Private Limited
The main business activity of Ship Air Forwarders is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
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Financials of Ship Air Forwarders Private Limited FY 2023 filings available
Ship Air Forwarders Private Limited reported revenue of ₹3.4 Cr (up 10% YoY) for FY 2023.
Revenue · FY 2023
₹3.4 Cr ▲ 10%
Net profit · FY 2023
₹13.61 Lakh margin 4%
EBITDA · FY 2023
₹30.09 Lakh margin 8.9%
Compounded Annual Growth Rate (CAGR) of Ship Air Forwarders Private Limited
Revenue CAGR growth
1 year
▲ 10%
3 years · compounded
▲ 24%
5 years · compounded
▲ 15%
EBITDA CAGR growth
1 year
▲ 54%
3 years · compounded
▲ 35%
5 years · compounded
▲ 17%
Revenue has grown at a compounded annual rate (CAGR) of 15% over five years, including 10% growth in the latest year. EBITDA rose 54% 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 of Ship Air Forwarders Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| 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 | ₹30.09 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹13.61 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 of Ship Air Forwarders Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 4% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Ship Air Forwarders are in the company report.
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Financial statements from 2015
Earlier years and trend charts are in the company report.
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Board of Directors of Ship Air Forwarders Private Limited
Ship Air Forwarders has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Deepak Janardan Vichare | Director | 21 Mar 2012 | 14 Years 6 Months | Current |
| Karunakar Shekar Shetty Also directs: World Mallakhamb Association, Mallakhamb Ashiya Confederation, Us India Importers' Council and 1 more | Director | 21 Mar 2012 | 14 Years 6 Months | Current |
Peer Comparison of Ship Air Forwarders Private Limited
Ship Air Forwarders Private Limited is compared with the companies closest to it by revenue in the Transport and Logistics industry (Diversified Logistics). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mine Craft Movers Private Limited | ₹3.41 Cr (FY 2024) | •••• | •••• | -36.0% | •••• | Aheri, Maharashtra, India |
| DP World Multimodal Logistics Powarkheda Limited | ₹3.41 Cr (FY 2025) | •••• | •••• | 139.0% | •••• | Mumbai, Maharashtra, India |
| Beacon Forwarding Private Limited | ₹3.4 Cr (FY 2024) | •••• | •••• | -58.0% | •••• | Gandhinagar, Gujarat, India |
| Tirupati Infralogistics Private Limited | ₹3.4 Cr (FY 2024) | •••• | •••• | -53.0% | •••• | Jafrabad, Gujarat, India |
| Cargomind Logistics Private Limited | ₹3.4 Cr (FY 2025) | •••• | •••• | -38.0% | •••• | New Delhi, Delhi, India |
| Ship Air Forwarders Private Limited this company | ₹3.4 Cr (FY 2023) | •••• | •••• | 10.0% | •••• | Mumbai, Maharashtra, India |
| Vital Shipping & Logistics Private Limited | ₹3.4 Cr (FY 2025) | •••• | •••• | -46.0% | •••• | Chennai, Tamil Nadu, India |
| Beacon Courier and Cargo India Private Limited | ₹3.4 Cr (FY 2024) | •••• | •••• | -5.0% | •••• | New Delhi, Delhi, India |
| Cic Logistics Private Limited | ₹3.4 Cr (FY 2024) | •••• | •••• | -29.0% | •••• | Mumbai, Maharashtra, India |
| Silver Arrow Logistics Solutions Private Limited | ₹3.4 Cr (FY 2025) | •••• | •••• | 117.0% | •••• | Chennai, Tamil Nadu, India |
| Saint Crescens Logistics Private Limited | ₹3.39 Cr (FY 2025) | •••• | •••• | 88.0% | •••• | Navi Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Ship Air Forwarders by revenue in the Transport and Logistics industry (Diversified Logistics), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Ship Air Forwarders Private Limited
Ship Air Forwarders Private Limited is audited by SHAH & SHETH for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SHAH & SHETH | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Ship Air Forwarders Private Limited
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Shareholding and ownership data
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Charges & Borrowings of Ship Air Forwarders Private Limited
Open charges
₹20.35 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 07 Mar 2022 | Hdfc Bank Limited | ₹20.35 Lakh | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Ship Air Forwarders Private Limited
Employment history and EPFO contributions of people linked to Ship Air Forwarders.
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Ship Air Forwarders Private Limited
Ship Air Forwarders Private Limited has 3 board changes on record since 2012: 3 appointments. The latest: Chandrakant Laxman Kamble was appointed as Director on 21 Mar 2012.
AGM
Ship Air Forwarders Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Ship Air Forwarders Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai I.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 20.35 Lakh with Charge ID 100572947 was registered on 07 Mar 2022.
Appointed
Chandrakant Laxman Kamble was appointed as Director.
Appointed
Deepak Janardan Vichare was appointed as Director.
Appointed
Karunakar Shekar Shetty was appointed as Director.
Incorporation
21 Mar 2012
Ship Air Forwarders Private Limited was registered on 21 Mar 2012 with Roc Mumbai I & aged 14 years 7 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Ship Air Forwarders Private Limited
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MSME Payment Delays by Ship Air Forwarders Private Limited
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Subsidiaries & Group Companies of Ship Air Forwarders Private Limited
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GST Compliance of Ship Air Forwarders Private Limited
Ship Air Forwarders has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AARCS3336F1Z4 | Maharashtra | Active | 01 Jul 2017 |
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MCA Filings & Documents of Ship Air Forwarders Private Limited
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Frequently Asked Questions about Ship Air Forwarders Private Limited
Ship Air Forwarders is an active private limited company based in Mumbai, Maharashtra, India. The company works in integrated and diversified logistics services, within the transport and logistics industry. It was incorporated on 21 March 2012 (14+ years old) and is registered under CIN U74120MH2012PTC228532.
Ship Air Forwarders reported revenue of ₹3.4 Cr for FY 2023 (up 10% YoY).
Ship Air Forwarders has 2 current directors:
- Deepak Janardan Vichare - Director
- Karunakar Shekar Shetty - Director
Ship Air Forwarders reported a net profit of ₹13.61 Lakh (net margin 4%) and EBITDA of ₹30.09 Lakh (EBITDA margin 8.9%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Ship Air Forwarders is 24% over three years and 15% over five years. In the latest year (FY 2023) revenue rose 10%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Ship Air Forwarders is 27AARCS3336F1Z4, registered in Maharashtra.
The CIN (Corporate Identification Number) of Ship Air Forwarders is U74120MH2012PTC228532. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ship Air Forwarders was incorporated on 21 March 2012, making it 14+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Ship Air Forwarders by revenue are Mine Craft Movers Private Limited, DP World Multimodal Logistics Powarkheda Limited, Beacon Forwarding Private Limited, Tirupati Infralogistics Private Limited, Cargomind Logistics Private Limited and 5 more, all in the Transport and Logistics industry (Diversified Logistics).
Chandrakant Laxman Kamble was appointed as Director on 21 Mar 2012. Deepak Janardan Vichare was appointed as Director on 21 Mar 2012. Karunakar Shekar Shetty was appointed as Director on 21 Mar 2012.
Yes, Ship Air Forwarders is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-18-0242936).