Sparrows Offshore Services India Private Limited

Sparrows Offshore Services India Private Limited - machinery and equipment in Navi Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U29253MH2010PTC202949 Incorporated 10 May 2010 ROC Mumbai HQ Navi Mumbai, Maharashtra, India
Active Private Limited Company machinery and equipment MSME · Medium
Data last updated
Revenue · FY 2024
₹63.32 Cr
▲ 4% YoY
Net profit · FY 2024
₹1.74 Lakh
Net margin 0%
EBITDA · FY 2024
₹35.49 Lakh
EBITDA margin 0.6%
Authorised capital
₹35 Lakh
Registered with MCA
Paid-up capital
₹16.02 Lakh
Issued & subscribed
Company age
16 yrs
Est. 2010
Employees · EPFO
52
Provident fund records
Directors on board
3
As per MCA filings

About Sparrows Offshore Services India Private Limited

Data last updated:

Sparrows Offshore Services India Private Limited is a private limited company based in Navi Mumbai, Maharashtra, India, a subsidiary of Sparrows India 1 Limited. It operates in the material handling and storage equipment segment of the machinery and industrial equipment sector. It was incorporated on 10 May 2010 and has been in existence for over 16 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29253MH2010PTC202949. Its GSTIN is 27AAOCS6235J1ZU (Maharashtra).

The company has an authorised share capital of ₹35 Lakh and a paid-up capital of ₹16.02 Lakh. It is led by directors including Pradeep Kurien Thomas and Vinod Antony.

Its last annual general meeting (AGM) was held on 24 December 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at D – 174 T.T.C. Industrial Area MIDC Shirvane, Navi Mumbai, Maharashtra, India – 400706.

As per the financials filed for FY 2024, the company reported a revenue of ₹63.32 Cr, a growth of 4% compared to the previous year. For the same year it recorded a net profit of ₹1.74 Lakh (net margin 0%) and EBITDA of ₹35.49 Lakh (EBITDA margin 0.6%). Revenue has grown at a compounded annual rate (CAGR) of 61% over three years and 10% over five years.

The company has about 52 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: The Sparrows Group.

Sparrows Offshore Services India Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0071883). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sparrowsgroup.com.

Company details

CIN U29253MH2010PTC202949
Registration Number 202949
Incorporation Date 10 May 2010
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 24 December 2024
Date of Balance Sheet 31 March 2024
Parent Company Sparrows India 1 Limited
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-33-0071883

Recognitions & Rankings of Sparrows Offshore Services India

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-MH-33-0071883

Contact details

Sparrows Offshore Services India Private Limited's registered office is in Navi Mumbai, Maharashtra. Its website is sparrowsgroup.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    D – 174 T.T.C. Industrial Area MIDC Shirvane, Navi Mumbai, Maharashtra, India – 400706
  • Industry
    Machinery and Equipment, Material Handling & Storage Equipment

To see the full contact details of Sparrows Offshore Services India Private Limited, buy the company report.

Comprehensive company report
Sparrows Offshore Services India 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Brands

Sparrows Offshore Services India operates one associated brand: The Sparrows Group. Each brand links to its own profile.

BrandDescriptionWebsite
Provider of engineering, inspection, and maintenance services for energy and industrial sectorssparrowsgroup.com

Business activity

The main business activity of Sparrows Offshore Services India is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC10Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment

To see the full business activity and turnover split of Sparrows Offshore Services India Private Limited, buy the company report.

Financials of Sparrows Offshore Services India Private Limited

FY 2024 filings available

Sparrows Offshore Services India Private Limited reported revenue of ₹63.32 Cr (up 4% YoY) for FY 2024.

Revenue · FY 2024
₹63.32 Cr ▲ 4%
Net profit · FY 2024
₹1.74 Lakh margin 0%
EBITDA · FY 2024
₹35.49 Lakh margin 0.6%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 4%
3 years · compounded
▲ 61%
5 years · compounded
▲ 10%
EBITDA CAGR growth
1 year
▲ 107%
3 years · compounded
▲ 27%
5 years · compounded
▲ 92%

Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 4% growth in the latest year. EBITDA rose 107% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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₹35.49 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹1.74 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin0.6%
Net Profit Margin0%
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 Sparrows Offshore Services India Private Limited, buy the company report.

Board of directors of Sparrows Offshore Services India Private Limited

Sparrows Offshore Services India has 3 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Pradeep Kurien ThomasDirector15 May 20233 Years 5 MonthsCurrent
Vinod AntonyDirector30 Sep 20233 Years 0 MonthsCurrent
Charles Edward ToppDirector25 Aug 201412 Years 2 MonthsCurrent

Auditor

Sparrows Offshore Services India Private Limited is audited by Sushil Budhia Associates for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Sushil Budhia AssociatesFY 2023113995W

Shareholding

The shareholding of Sparrows Offshore Services India 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Sparrows Offshore Services India Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Sparrows Offshore Services India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Sparrows Offshore Services India Private Limited has a workforce of 52 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.

Employee count
52
Active EPFO establishments
1
Employee growth
4%

GST

Sparrows Offshore Services India has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAOCS6235J1ZUMaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of Sparrows Offshore Services India Private Limited, buy the company report.

Recent activity

Sparrows Offshore Services India Private Limited has 13 board changes on record since 2011: 3 appointments and 10 cessations. The latest: Vinod Antony was appointed as Director on 30 Sep 2023.

AGM
Sparrows Offshore Services India Private Limited last Annual general meeting of members was held on 24 Dec 2024 as per latest MCA records.
Filing
Sparrows Offshore Services India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Appointed
Vinod Antony was appointed as Director.
Ceased
Pradeep Kurien Thomas ceased to be Additional Director.
Appointed
Pradeep Kurien Thomas was appointed as Director.
Ceased
Shailendra Indramani Tiwari ceased to be Additional Director.
Ceased
Neil Austin Johnson ceased to be Additional Director.
Ceased
Kalidas Attoor Sundareswaran ceased to be Director.
Ceased
Charles Edward Topp ceased to be Additional Director.
Ceased
Stewart Andrew Alan Mitchell ceased to be Additional Director.
Appointed
Charles Edward Topp was appointed as Director.
Ceased
Stephen Shaun Molloy ceased to be Director.

4 earlier events are in the company report.

Frequently asked questions

Sparrows Offshore Services India is an active private limited company based in Navi Mumbai, Maharashtra, India. The company works in material handling and storage equipment, within the machinery and equipment industry. It was incorporated on 10 May 2010 (16+ years old) and is registered under CIN U29253MH2010PTC202949.

Sparrows Offshore Services India has 3 current directors:

The latest financial statements of Sparrows Offshore Services India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 24 December 2024. Year-wise statements from 2015 are in the company report.

The GSTIN of Sparrows Offshore Services India is 27AAOCS6235J1ZU, registered in Maharashtra.

The CIN (Corporate Identification Number) of Sparrows Offshore Services India is U29253MH2010PTC202949. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Sparrows Offshore Services India was incorporated on 10 May 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.

Vinod Antony was appointed as Director on 30 Sep 2023. Pradeep Kurien Thomas ceased to be Additional Director on 29 Sep 2023. Pradeep Kurien Thomas was appointed as Director on 15 May 2023. Sparrows Offshore Services India has 13 board changes on record in total.

Yes, Sparrows Offshore Services India is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-33-0071883).

Sparrows Offshore Services India can be reached through the website sparrowsgroup.com. Its registered office is in Navi Mumbai, Maharashtra, India.

The registered office of Sparrows Offshore Services India is at D – 174 T.T.C. Industrial Area MIDC Shirvane, Navi Mumbai, Maharashtra, India – 400706.