About Source Shipping (India) Private Limited
Data last updated:
Source Shipping (India) Private Limited is a private limited company based in Tiruppur, Tamil Nadu, India. It operates in the carrying and forwarding agents (cfa) segment of the transport and logistics sector. It was incorporated on 31 August 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U63010TZ2009PTC015444. Its GSTIN is 33AANCS5251R1ZO (Tamil Nadu).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Manthira Moorthi Shanthi (Managing Director) and Manthiramoorthi Sanniyasi.
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 Tiruppur, Tamil Nadu.
As per the financials filed for FY 2025, the company reported a revenue of ₹6.22 Cr, a growth of 71% compared to the previous year. For the same year it recorded a net profit of ₹11.36 Lakh (net margin 1.8%) and EBITDA of ₹22.45 Lakh (EBITDA margin 3.6%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 12% over five years.
Court records list 29 cases involving the company, including 29 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sourceshippingindia.com.
Company details
Contact details
Source Shipping (India) Private Limited's registered office is in Tiruppur, Tamil Nadu. Its website is sourceshippingindia.com. Its e-mail address is in the company report.
- Email
- Website
- Registered Address319/A1 R.K Nagar, Ttp Ground Samundipuram, Tiruppur, Tamil Nadu, India – 641652
- IndustryTransport and Logistics, Carrying & Forwarding Agents (CFA)
To see the full contact details of Source Shipping (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 Source Shipping (India) 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 Source Shipping (India) Private Limited, buy the company report.
Financials of Source Shipping (India) Private Limited
FY 2025 filings availableSource Shipping (India) Private Limited reported revenue of ₹6.22 Cr (up 71% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 12% over five years, including 71% growth in the latest year. EBITDA rose 108% 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 | ₹22.45 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹11.36 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.6% | ||||
| Net Profit Margin | 1.8% | ||||
| 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 Source Shipping (India) Private Limited, buy the company report.
Board of directors of Source Shipping (India) Private Limited
Source Shipping (India) 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 |
|---|---|---|---|---|
| Manthira Moorthi Shanthi | Managing Director | 31 Aug 2009 | 17 Years 1 Months | Current |
| Manthiramoorthi Sanniyasi | Director | 23 Sep 2011 | 15 Years 1 Months | Current |
Auditor
Source Shipping (India) Private Limited is audited by S G B & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S G B & CO | FY 2021 | 010778S |
Shareholding
The shareholding of Source Shipping (India) Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Source Shipping (India) Private Limited, buy the company report.
Legal cases
Source Shipping (India) Private Limited has 29 court cases on record: 29 filed by Source Shipping (India). All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 29 | 0 | 0 |
Cases on record (2 of 29)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thoothukudi, Tamil Nadu | Criminal miscellaneous application | Filed by the company | Disposed |
| District court, Thoothukudi, Tamil Nadu | Criminal complaint | Filed by the company against individuals | Disposed |
To see the full case history of Source Shipping (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 Source Shipping (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Source Shipping (India) has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AANCS5251R1ZO | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Source Shipping (India) Private Limited, buy the company report.
Recent activity
Source Shipping (India) Private Limited has 3 board changes on record since 2009: 2 appointments and 1 cessation. The latest: Saravana Kumar Subramanian ceased to be Director on 26 Feb 2019.
Frequently asked questions
Source Shipping (India) is an active private limited company based in Tiruppur, Tamil Nadu, India. The company works in carrying and forwarding agents (cfa), within the transport and logistics industry. It was incorporated on 31 August 2009 (17+ years old) and is registered under CIN U63010TZ2009PTC015444.
Source Shipping (India) has 2 current directors:
- Manthira Moorthi Shanthi - Managing Director
- Manthiramoorthi Sanniyasi - Director
The latest financial statements of Source Shipping (India) 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 2015 are in the company report.
The GSTIN of Source Shipping (India) is 33AANCS5251R1ZO, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Source Shipping (India) is U63010TZ2009PTC015444. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Source Shipping (India) has 29 court cases on record: 29 filed by the company.
Source Shipping (India) was incorporated on 31 August 2009, making it 17+ years old. It is registered with the Registrar of Companies, Coimbatore.
Saravana Kumar Subramanian ceased to be Director on 26 Feb 2019. Manthiramoorthi Sanniyasi was appointed as Director on 23 Sep 2011. Manthira Moorthi Shanthi was appointed as Managing Director on 31 Aug 2009.
Source Shipping (India) can be reached through the website sourceshippingindia.com. Its registered office is in Tiruppur, Tamil Nadu, India.
The registered office of Source Shipping (India) is at 319A1 R.K Nagar, Ttp Ground Samundipuram, Tiruppur, Tamil Nadu, India – 641652.