MSME (Udyam registered) Ministry of MSME
- Category
- Small (2022-23)
- Udyam number
- UDYAM-KL-02-0001119
Shipment Solutions Private Limited - transport and logistics in Kochi, Kerala, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹47.3 Cr
▼ 22% YoY
Net profit · FY 2025
₹39.1 Lakh
Net margin 0.8%
EBITDA · FY 2025
₹1.8 Cr
EBITDA margin 3.8%
Authorised capital
₹1.2 Cr
Registered with MCA
Paid-up capital
₹1.2 Cr
Issued & subscribed
Open charges
₹10.12 Cr
Satisfied ₹4.25 Cr
Company age
10 yrs
Est. 2016
Employees · EPFO
19
Provident fund records
About Shipment Solutions Private Limited
Data last updated:
Shipment Solutions Private Limited is a private limited company based in Kochi, Kerala, India. It operates in the integrated logistics and supply chain solutions segment of the transport and logistics sector. It was incorporated on 05 October 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U63030KL2016PTC046965. Its GSTIN is 32AAXCS7126B1ZB (Kerala). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹1.2 Cr and a paid-up capital of ₹1.2 Cr. It is led by directors including Koyikkal Chandra Varma (Managing Director) and Sibin Bose Nikarthil.
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 Kochi, Kerala.
As per the financials filed for FY 2025, the company reported a revenue of ₹47.3 Cr, a decline of 22% compared to the previous year. For the same year it recorded a net profit of ₹39.1 Lakh (net margin 0.8%) and EBITDA of ₹1.8 Cr (EBITDA margin 3.8%). Revenue has grown at a compounded annual rate (CAGR) of 22% over three years and 19% over five years.
The company has about 19 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Shipment Solutions. As per MCA filings, the company has open charges of ₹10.12 Cr and satisfied charges of ₹4.25 Cr on record. The company has 2 deals on record (2 rights issues); the latest was in March 2021.
Shipment Solutions Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KL-02-0001119). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shipmentsolutions.in.
Company details
CIN U63030KL2016PTC046965
Registration Number 046965
Incorporation Date 05 October 2016
ROC Ernakulam
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KL-02-0001119
Key People
Koyikkal Chandra Varma Managing Director Sibin Bose Nikarthil Director Hari Rama Varma Director Recognitions & Rankings of Shipment Solutions
Contact details
Shipment Solutions Private Limited's registered office is in Kochi, Kerala. Its website is shipmentsolutions.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address62/86 (Old No.39/3202 E) First Floor Sree Sidhi Vinayaka Apartments Illom Ro, Ad, Kochi, Kerala, India – 682016
- IndustryTransport and Logistics, Integrated & Diversified Logistics Services
To see the full contact details of Shipment Solutions Private Limited, buy the company report.
Comprehensive company report
Shipment Solutions 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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Brands
Shipment Solutions operates one associated brand: Shipment Solutions. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides sea, air, and road freight logistics with customs clearance in India. | shipmentsolutions.in |
Business activity
The main business activity of Shipment Solutions is transport and storage. In detail, this covers services incidental to land, water & air transportation.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transport and storage | H5 | Services incidental to land, water & air transportation |
To see the full business activity and turnover split of Shipment Solutions Private Limited, buy the company report.
Financials of Shipment Solutions Private Limited
FY 2025 filings availableShipment Solutions Private Limited reported revenue of ₹47.3 Cr (down 22% YoY) for FY 2025.
Revenue · FY 2025
₹47.3 Cr ▼ 22%
Net profit · FY 2025
₹39.1 Lakh margin 0.8%
EBITDA · FY 2025
₹1.8 Cr margin 3.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 22%
3 years · compounded
▼ 22%
5 years · compounded
▲ 19%
EBITDA CAGR growth
1 year
▲ 2%
3 years · compounded
▼ 3%
5 years · compounded
▲ 35%
Revenue fell 22% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 19%. EBITDA rose 2% 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 | |||||
| Other Income | |||||
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| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.8 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹39.1 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.8% | ||||
| Net Profit Margin | 0.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Quick Ratio | |||||
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| 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 Shipment Solutions Private Limited, buy the company report.
Board of directors of Shipment Solutions Private Limited
Shipment Solutions has 3 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 |
|---|---|---|---|---|
| Sibin Bose Nikarthil Also directs: Periship Logisol Private Limited, Route N Halt Private Limited | Director | 05 Oct 2016 | 10 Years 1 Months | Current |
| Koyikkal Chandra Varma | Managing Director | 05 Oct 2016 | 10 Years 1 Months | Current |
| Hari Rama Varma | Director | 05 Oct 2016 | 10 Years 1 Months | Current |
Auditor
Shipment Solutions Private Limited is audited by K C N & Associates Chartered Accountants for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K C N & Associates Chartered Accountants | FY 2023 | 017728S |
Shareholding
The shareholding of Shipment Solutions 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Shipment Solutions Private Limited, buy the company report.
Charges & borrowings
Open charges
₹10.12 Cr
Satisfied charges
₹4.25 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Jul 2025 | 101136227 | Hdfc Bank Limited | ₹12.6 Lakh | Open | |
| 21 Jun 2024 | 100940799 | Others | ₹1.74 Cr | Open | |
| 30 Jun 2023 | 100739021 | Others | ₹7.4 Cr | Open | |
| 27 Jun 2023 | 100766046 | Others | ₹19 Lakh | Open | |
| 15 Jun 2023 | 100735750 | Others | ₹67.15 Lakh | Open |
To see the full charge records of Shipment Solutions Private Limited, buy the company report.
Total charge records: 8 View all charges
Deals & funding
Shipment Solutions Private Limited has 2 deals on record (2 rights issues); the latest was in March 2021.
Total deals
2
Rights issues
2
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2021 | Rights issue | ₹10 Lakh | Investors: 3 individuals |
| Jun 2017 | Rights issue | ₹9 Lakh | Investors: 3 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Shipment Solutions Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Shipment Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Shipment Solutions Private Limited has a workforce of 19 employees on its EPFO records as of May 2026, across 2 active EPFO establishments.
Employee count
19
Active EPFO establishments
2
Employee growth
-17.4%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 19 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 |
To see the full employee and EPFO history of Shipment Solutions Private Limited, buy the company report.
GST
Shipment Solutions has 3 GST registrations: 3 active.
Total GSTINs
3
Active
3
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AAXCS7126B1ZB | Kerala | Active | 01 Jul 2017 |
| 33AAXCS7126B1Z9 | Tamil Nadu | Active | 15 Oct 2022 |
| 27AAXCS7126B1Z2 | Maharashtra | Active | 20 Apr 2023 |
To see the full GST registrations and return filing status of Shipment Solutions Private Limited, buy the company report.
Recent activity
Shipment Solutions Private Limited has 4 board changes on record since 2016: 3 appointments and 1 cessation. The latest: Koyikkal Chandra Varma ceased to be Director on 24 Oct 2016.
AGM
Shipment Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.13 Cr with Charge ID 101136227 was registered on 17 Jul 2025.
Filing
Shipment Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ernakulam.
Charges
A charge with Others amounted to Rs. 1.74 Cr with Charge ID 100940799 was registered on 21 Jun 2024.
Charges
A charge registered on 07 Oct 2021 via Charge ID 100492338 with Others was fully satisfied on 25 Jan 2024.
Charges
A charge with Others amounted to Rs. 7.40 Cr with Charge ID 100739021 was registered on 30 Jun 2023.
Charges
A charge with Others amounted to Rs. 0.19 Cr with Charge ID 100766046 was registered on 27 Jun 2023.
Charges
A charge with Others amounted to Rs. 0.67 Cr with Charge ID 100735750 was registered on 15 Jun 2023.
Charges
A charge with Others of Rs. 3.25 Cr registered on 07 Oct 2021 with Charge ID 100492338 was modified on 08 Aug 2022.
Charges
A charge with Others amounted to Rs. 3.25 Cr with Charge ID 100492338 was registered on 07 Oct 2021.
Charges
A charge registered on 19 Jul 2018 via Charge ID 100200789 with Others was fully satisfied on 15 Jan 2021.
Charges
A charge registered on 23 Feb 2017 via Charge ID 100084464 with Vijaya Bank was fully satisfied on 03 Oct 2019.
8 earlier events are in the company report.
Frequently asked questions
Shipment Solutions is an active private limited company based in Kochi, Kerala, India. The company works in integrated and diversified logistics services, within the transport and logistics industry. It was incorporated on 05 October 2016 (10+ years old) and is registered under CIN U63030KL2016PTC046965.
Shipment Solutions has 3 current directors:
- Koyikkal Chandra Varma - Managing Director
- Sibin Bose Nikarthil - Director
- Hari Rama Varma - Director
The latest financial statements of Shipment Solutions 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 FY 2017 are in the company report.
The GSTIN of Shipment Solutions is 32AAXCS7126B1ZB, registered in Kerala. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 33AAXCS7126B1Z9 (Tamil Nadu), 27AAXCS7126B1Z2 (Maharashtra).
The CIN (Corporate Identification Number) of Shipment Solutions is U63030KL2016PTC046965. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shipment Solutions was incorporated on 05 October 2016, making it 10+ years old. It is registered with the Registrar of Companies, Ernakulam.
Shipment Solutions has 2 deals on record (2 rights issues); the latest was in March 2021.
Koyikkal Chandra Varma ceased to be Director on 24 Oct 2016. Hari Rama Varma was appointed as Director on 05 Oct 2016. Koyikkal Chandra Varma was appointed as Managing Director on 05 Oct 2016. Shipment Solutions has 4 board changes on record in total.
Yes, Shipment Solutions is registered as a small enterprise under Udyam registration (number: UDYAM-KL-02-0001119).
Shipment Solutions can be reached through the website shipmentsolutions.in. Its registered office is in Kochi, Kerala, India.
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