About Shoft Shipyard Private Limited
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Shoft Shipyard Private Limited is a private limited company based in Thane West, Maharashtra, India. It operates in the shipbuilding and repair services segment of the transport and logistics sector. It was incorporated on 29 January 2001 and has been in existence for over 25 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74210MH2001PTC130617. Its GSTIN is 27AAHCS6554M1ZP (Maharashtra). The company holds 4 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.05 Cr. It was formerly known as Shoft Engineers Private Limited. It is led by directors Sahaya Raj (Managing Director) and Raj Caroline.
Its last annual general meeting (AGM) was held on 08 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No.A – 365 Road No.26 Near Wagle Bus Depot Wagle Estate, Thane West, Maharashtra, India – 400604.
As per the financials filed for FY 2025, the company reported a revenue of ₹253.86 Cr, a growth of 13% compared to the previous year. For the same year it recorded a net profit of ₹59.56 Cr (net margin 23.5%) and EBITDA of ₹90.44 Cr (EBITDA margin 35.6%). Revenue has grown at a compounded annual rate (CAGR) of 33% over three years and 24% over five years.
The company has about 509 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Shoft. As per MCA filings, the company has open charges of ₹190.68 Cr and satisfied charges of ₹70.64 Cr on record. Court records list 99 cases involving the company, including 46 filed by the company and 53 filed against it; 15 cases are pending. The company has 5 deals on record (3 secondary share transfers, 2 funding rounds), with disclosed funding of ₹51.5 Lakh; the latest was in May 2023. Its 10 peer companies in the Shipping industry (Shipbuilding and Repairs) are compared by revenue, 5 larger and 5 smaller; the largest is SP Armada Oil Exploration Private Limited.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shoft.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressPlot No.A – 365 Road No.26 Near Wagle Bus Depot Wagle Estate, Thane West, Maharashtra, India – 400604
- 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
- One PDF report, delivered after checkout
Business Activity of Shoft Shipyard Private Limited
The main business activity of Shoft Shipyard is manufacturing. In detail, this covers motor vehicles, trailers, semi trailers and other transport vehicles and repair & installation of machinery & equipment, motor vehicles. 2 activity segments are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C11 | Motor vehicles, trailers, semi trailers and other Transport Vehicles | Locked |
| C | Manufacturing | C12 | Repair & installation of machinery & equipment, motor vehicles | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Shoft Shipyard Private Limited FY 2025 filings available
Shoft Shipyard Private Limited reported revenue of ₹253.86 Cr (up 13% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Shoft Shipyard Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 24% over five years, including 13% growth in the latest year. EBITDA rose 88% 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 Shoft Shipyard Private Limited
| 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 | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹90.44 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹59.56 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 | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Shoft Shipyard Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 35.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 23.5% | •••• | •••• | •••• | •••• |
| 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 Shoft Shipyard are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Shoft Shipyard Private Limited
Shoft Shipyard Private Limited is compared with the companies closest to it by revenue in the Shipping industry (Shipbuilding and Repairs). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| SP Armada Oil Exploration Private Limited | •••• | •••• | •••• | •••• | 10 | Mumbai, Maharashtra, India |
| Tolani Shipping Company Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Priyablue Ship Green Recycling Private Limited | •••• | •••• | •••• | •••• | - | Bhavnagar, Gujarat, India |
| VMS Industries Limited Listed | •••• | •••• | •••• | •••• | 78 | Ahmedabad, Gujarat, India |
| Udupi Cochin Shipyard Limited | •••• | •••• | •••• | •••• | 228 | Madurantakam Taluk, Tamil Nadu, India |
| Shoft Shipyard Private Limited this company | •••• | •••• | •••• | •••• | - | Thane West, Maharashtra, India |
| NBM Iron and Steeltrading Private Limited | •••• | •••• | •••• | •••• | 146 | Bhavnagar, Gujarat, India |
| Knowledge Marine & Engineering Works Limited Listed | •••• | •••• | •••• | •••• | 142 | Mumbai, Maharashtra, India |
| Solas Marine Services Private Limited | •••• | •••• | •••• | •••• | 269 | Salcete, Goa, India |
| Ultra Dimensions Private Limited | •••• | •••• | •••• | •••• | 184 | Mumbai, Maharashtra, India |
| Yeoman Marine Services Private Limited | •••• | •••• | •••• | •••• | 36 | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Shoft Shipyard by revenue in the Shipping industry (Shipbuilding and Repairs), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Shoft Shipyard Private Limited
Shoft Shipyard Private Limited is audited by SHVRK and co for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SHVRK and co | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Shoft Shipyard Private Limited
Shoft Shipyard has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Raj Caroline | Director | 27 Jan 2005 | 21 Years 8 Months | Current |
| Sahaya Raj | Managing Director | 27 Jan 2005 | 21 Years 8 Months | Current |
Ownership and Shareholding of Shoft Shipyard Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Shoft Shipyard Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 03 Dec 2024 | Bank of India | ₹38.35 Lakh | Open |
| 22 Feb 2024 | Bank of India | ₹4.3 Cr | Open |
| 17 Dec 2018 | Bank of India | ₹186 Cr | Open |
| 05 Feb 2021 | Yes Bank Limited | ₹31.98 Lakh | Satisfied |
| 11 Sep 2020 | Bank of India | ₹12.62 Lakh | Satisfied |
Total charge records: 16 View all charges
Deals & Funding of Shoft Shipyard Private Limited
Shoft Shipyard Private Limited has 5 deals on record (3 secondary share transfers, 2 funding rounds), with disclosed funding of ₹51.5 Lakh; the latest was in May 2023.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2023 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
| Aug 2020 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Nov 2007 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2007 | Funding round | ₹45 Lakh | Investors: 4 individuals |
| Mar 2006 | Funding round | ₹6.5 Lakh | Investors: 2 individuals |
Full deal history
All 5 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Shoft Shipyard Private Limited
Shoft Shipyard Private Limited has 99 court cases on record: 46 filed by Shoft Shipyard, 53 filed against it. 15 cases are pending and 84 are disposed. Status as checked between 21 Sep 2026 and 05 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 66 | 41 | 9 |
| District courts | 29 | 9 | 5 |
| Supreme Court | 4 | 3 | 1 |
Cases on record (5 of 99)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Writ petition | Filed against the company by Goa Shipyard Limited | Pending |
| High Court of Andhra Pradesh | Court case (COMCA) | Filed against the company by Dredging Corporation of India Limited | Pending |
| District court, South Goa, Goa | Court case (SEXA) | Filed by the company against Goa Shipyard Limited | Pending |
| Supreme Court | Appeal | Filed by the company against Goa Shipyard Limited | Pending |
| Bombay High Court | Writ petition | Filed against the company by Goa Shipyard Limited | Disposed |
Full case history
All 99 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Shoft Shipyard Private Limited
Shoft Shipyard Private Limited has a workforce of 509 employees as of Apr 08, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Shoft Shipyard Private Limited
Shoft Shipyard Private Limited has 3 board changes on record since 2005: 2 appointments and 1 cessation. The latest: Sahaya Raj ceased to be Director on 01 Jan 2015.
25 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Shoft Shipyard Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Shoft Shipyard Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Shoft Shipyard Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Shoft Shipyard Private Limited
Shoft Shipyard has 4 GST registrations: 2 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAHCS6554M1ZP | Maharashtra | Active | 01 Jul 2017 |
| 24AAHCS6554M1ZV | Gujarat | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Shoft Shipyard Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Shoft Shipyard Private Limited
Shoft Shipyard is an active private limited company based in Thane West, Maharashtra, India. The company works in shipbuilding and repair services, within the transport and logistics industry. It was incorporated on 29 January 2001 (25+ years old) and is registered under CIN U74210MH2001PTC130617.
Shoft Shipyard reported revenue of ₹253.86 Cr for FY 2025 (up 13% YoY).
Shoft Shipyard has 2 current directors:
- Sahaya Raj - Managing Director
- Raj Caroline - Director
Shoft Shipyard reported a net profit of ₹59.56 Cr (net margin 23.5%) and EBITDA of ₹90.44 Cr (EBITDA margin 35.6%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Shoft Shipyard is 33% over three years and 24% over five years. In the latest year (FY 2025) revenue rose 13%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Shoft Shipyard is 27AAHCS6554M1ZP, registered in Maharashtra. The company has 4 GST registrations in all, of which 2 are active and 2 are cancelled or inactive. Other active GSTINs include 24AAHCS6554M1ZV (Gujarat).
The CIN (Corporate Identification Number) of Shoft Shipyard is U74210MH2001PTC130617. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shoft Shipyard has 99 court cases on record: 46 filed by the company and 53 filed against it. 15 are pending. Most are in the high courts.
Shoft Shipyard was incorporated on 29 January 2001, making it 25+ years old. It is registered with the Registrar of Companies, Mumbai.
Shoft Shipyard has 5 deals on record (3 secondary share transfers, 2 funding rounds), with disclosed funding of ₹51.5 Lakh; the latest was in May 2023.
The peers of Shoft Shipyard by revenue are SP Armada Oil Exploration Private Limited, Tolani Shipping Company Limited, Priyablue Ship Green Recycling Private Limited, VMS Industries Limited, Udupi Cochin Shipyard Limited and 5 more, all in the Shipping industry (Shipbuilding and Repairs).