- Category
- Small (2024-25)
- Udyam number
- UDYAM-AP-10-0011321

Smsea Marines Private Limited
About Smsea Marines Private Limited
Data last updated:
Smsea Marines Private Limited is a private limited company based in Visakhapatnam, Andhra Pradesh, India. It operates in the fisheries and aquaculture segment of the agriculture sector. It was incorporated on 13 January 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U15122AP2012PTC078575. Its GSTIN is 37AARCS0640Q2ZM (Andhra Pradesh). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹3.85 Cr. It is led by directors including Venkatesh Sirimalla and Radha Rani Sirimalla.
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 Door No.1 – 44 – 3 (2) Flatno:A2 Sea Sands Apartment Sector – 1 M.V.P.Colony, Visakhapatnam, Andhra Pradesh, India – 530017.
As per the financials filed for FY 2025, the company reported a revenue of ₹63.44 Cr, a decline of 17% compared to the previous year. For the same year it recorded a net profit of ₹1.67 Cr (net margin 2.6%) and EBITDA of ₹6.25 Cr (EBITDA margin 9.8%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years.
The company has about 30 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹71 Cr and satisfied charges of ₹22.6 Cr on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it. The company has 9 deals on record (5 secondary share transfers, 3 funding rounds, 1 rights issue), with disclosed funding of ₹3.66 Cr; the latest was in March 2024.
Smsea Marines Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-AP-10-0011321). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Smsea Marines
Contact details
Smsea Marines Private Limited's registered office is in Visakhapatnam, Andhra Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressDoor No.1 – 44 – 3 (2) Flatno:A2 Sea Sands Apartment Sector – 1 M.V.P.Colony, Visakhapatnam, Andhra Pradesh, India – 530017
- IndustryAgriculture, Fisheries & Aquaculture
To see the full contact details of Smsea Marines 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 Smsea Marines is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers wholesale trade, except of motor vehicles and motorcycles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 46 | Wholesale trade, except of motor vehicles and motorcycles |
To see the full business activity and turnover split of Smsea Marines Private Limited, buy the company report.
Financials of Smsea Marines Private Limited
FY 2024 filings availableSmsea Marines Private Limited reported revenue of ₹63.44 Cr (down 17% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 17% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 15%. EBITDA rose 13% 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 | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹6.25 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.67 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.8% | ||||
| Net Profit Margin | 2.6% | ||||
| 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 Smsea Marines Private Limited, buy the company report.
Board of directors of Smsea Marines Private Limited
Smsea Marines has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Venkatesh Sirimalla Also directs: Smsea Corporation LLP | Director | 13 Jan 2012 | 14 Years 9 Months | Current |
| Venkata Surya Abhishek Sirimalla | Additional Director | 20 Feb 2023 | 3 Years 8 Months | Current |
| Radha Rani Sirimalla Also directs: Smsea Corporation LLP | Director | 13 Jan 2012 | 14 Years 9 Months | Current |
| Venkata Sai Pushpak Sirimalla | Director | 13 Jun 2024 | 2 Years 4 Months | Current |
Auditor
Smsea Marines Private Limited is audited by DUBA & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DUBA & CO | FY 2023 | 009729S |
Shareholding
The shareholding of Smsea Marines 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 Smsea Marines Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Jan 2025 | 101041224 | Bank of India | ₹35 Cr | Open | |
| 20 Jan 2025 | 101038456 | Bank of India | ₹1 Cr | Open | |
| 19 Oct 2022 | 100646589 | Bank of India | ₹35 Cr | Open | |
| 05 Dec 2021 | 100539554 | Canara Bank | ₹1.6 Cr | Satisfied | |
| 27 Aug 2020 | 100370079 | Canara Bank | ₹2 Cr | Satisfied |
To see the full charge records of Smsea Marines Private Limited, buy the company report.
Total charge records: 7 View all charges
Deals & funding
Smsea Marines Private Limited has 9 deals on record (5 secondary share transfers, 3 funding rounds, 1 rights issue), with disclosed funding of ₹3.66 Cr; the latest was in March 2024.
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2024 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 4 individuals |
| Mar 2023 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 4 individuals |
| Dec 2020 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
| Mar 2020 | Rights issue | ₹30 Lakh | Investors: 4 individuals |
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
To see the full deal history of Smsea Marines Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Smsea Marines Private Limited has 2 court cases on record: 1 filed by Smsea Marines, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
| High courts | 1 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, ANDHRAPRADESH | Writ petition | Filed by the company against State of Andhra Pradesh and 2 others | Disposed |
| District court, Kottayam, Kerala | Execution petition | Filed against the company by Ms. Roboclean Engineering Services Rep by Cyriac Mathew | Disposed |
To see the full case history of Smsea Marines 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 Smsea Marines Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Smsea Marines Private Limited has a workforce of 30 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Smsea Marines has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AARCS0640Q2ZM | Andhra Pradesh | Active | 12 Jul 2017 |
To see the full GST registrations and return filing status of Smsea Marines Private Limited, buy the company report.
Recent activity
Smsea Marines Private Limited has 5 board changes on record since 2012: 4 appointments and 1 cessation. The latest: Venkata Sai Pushpak Sirimalla ceased to be Additional Director on 29 Sep 2024.
9 earlier events are in the company report.
Frequently asked questions
Smsea Marines is an active private limited company based in Visakhapatnam, Andhra Pradesh, India. The company works in fisheries and aquaculture, within the agriculture industry. It was incorporated on 13 January 2012 (14+ years old) and is registered under CIN U15122AP2012PTC078575.
Smsea Marines has 4 current directors:
- Venkatesh Sirimalla - Director
- Venkata Surya Abhishek Sirimalla - Additional Director
- Radha Rani Sirimalla - Director
- Venkata Sai Pushpak Sirimalla - Director
The latest financial statements of Smsea Marines 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 Smsea Marines is 37AARCS0640Q2ZM, 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 Smsea Marines is U15122AP2012PTC078575. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Smsea Marines has 2 court cases on record: 1 filed by the company and 1 filed against it. Most are in the district courts.
Smsea Marines was incorporated on 13 January 2012, making it 14+ years old. It is registered with the Registrar of Companies, Vijayawada.
Smsea Marines has 9 deals on record (5 secondary share transfers, 3 funding rounds, 1 rights issue), with disclosed funding of ₹3.66 Cr; the latest was in March 2024.
Venkata Sai Pushpak Sirimalla ceased to be Additional Director on 29 Sep 2024. Venkata Sai Pushpak Sirimalla was appointed as Director on 13 Jun 2024. Venkata Surya Abhishek Sirimalla was appointed as Additional Director on 20 Feb 2023. Smsea Marines has 5 board changes on record in total.
Yes, Smsea Marines is registered as a small enterprise under Udyam registration (number: UDYAM-AP-10-0011321).