SSL Shipping Limited
About SSL Shipping Limited
Data last updated:
SSL Shipping Limited is a public limited company based in Chennai, Tamil Nadu, India, a subsidiary of Sanmar Shipping Limited. It operates in the shipbuilding and repair services segment of the transport and logistics sector. It was incorporated on 20 October 2022.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U74997TN2022PLC156167. Its GSTIN is 33ABJCS6157P1ZN (Tamil Nadu).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Padmanabhan Srinivasan and Chilukuri Venkata Subbarao.
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 9 Cathedral Road, Chennai, Tamil Nadu, India – 600086.
As per the financials filed for FY 2025, the company reported a revenue of ₹136.29 Cr, a decline of 4% compared to the previous year. For the same year it recorded a net profit of ₹30.23 Cr (net margin 22.2%) and EBITDA of ₹62.09 Cr (EBITDA margin 45.6%).
As per MCA filings, the company has open charges of ₹788.71 Cr on record.
Company details
Contact details
SSL Shipping Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address9 Cathedral Road, Chennai, Tamil Nadu, India – 600086
- IndustryTransport and Logistics, Shipbuilding & Repair Services
To see the full contact details of SSL Shipping 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 SSL Shipping is transport and storage. In detail, this covers water transport.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transport and storage | H3 | Water transport |
To see the full business activity and turnover split of SSL Shipping Limited, buy the company report.
Financials of SSL Shipping Limited
FY 2025 filings availableSSL Shipping Limited reported revenue of ₹136.29 Cr (down 4% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 4% in the latest year. EBITDA fell 32% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| 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 | ₹62.09 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹30.23 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 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 45.6% | ||
| Net Profit Margin | 22.2% | ||
| 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 SSL Shipping Limited, buy the company report.
Board of directors of SSL Shipping Limited
SSL Shipping has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Padmanabhan Srinivasan Also directs: Indchem Communications Limited, Sanmar Maintenance Services Limited, SCL Property Holdings Limited and 2 more | Director | 20 Oct 2022 | 4 Years 0 Months | Current |
| Chilukuri Venkata Subbarao | Director | 20 Oct 2022 | 4 Years 0 Months | Current |
| Arun Parthasarathy Ramu Also directs: Indchem Communications Limited, Sanmar Maintenance Services Limited, SCL Property Holdings Limited and 3 more | Director Appointed In Casual Vacancy | 14 Jun 2024 | 2 Years 4 Months | Current |
Auditor
SSL Shipping Limited is audited by PKF Sridhar & Santhanam LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PKF Sridhar & Santhanam LLP | FY 2023 | 003990S/S200018 |
Shareholding
The shareholding of SSL Shipping Limited is on record for FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of SSL Shipping Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Sep 2025 | 101168193 | Others | ₹65 Cr | Open | |
| 03 Jul 2025 | 101125718 | Yes Bank Limited | ₹371.9 Cr | Open | |
| 15 May 2025 | 101105115 | Others | ₹136.81 Cr | Open | |
| 27 Nov 2024 | 101012224 | Others | ₹215 Cr | Open |
To see the full charge records of SSL Shipping Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
No court or tribunal cases involving SSL Shipping 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 SSL Shipping Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
SSL Shipping Limited has 1 active EPFO establishment as of Apr 02, 2024.
GST
SSL Shipping has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33ABJCS6157P1ZN | Tamil Nadu | Active | 03 Nov 2022 |
To see the full GST registrations and return filing status of SSL Shipping Limited, buy the company report.
Recent activity
SSL Shipping Limited has 7 board changes on record since 2022: 3 appointments and 4 cessations. The latest: Arun Parthasarathy Ramu was appointed as Director Appointed In Casual Vacancy on 14 Jun 2024.
5 earlier events are in the company report.
Frequently asked questions
SSL Shipping is an active public limited company based in Chennai, Tamil Nadu, India. The company works in shipbuilding and repair services, within the transport and logistics industry. It was incorporated on 20 October 2022 (4+ years old) and is registered under CIN U74997TN2022PLC156167.
SSL Shipping has 3 current directors:
- Padmanabhan Srinivasan - Director
- Chilukuri Venkata Subbarao - Director
- Arun Parthasarathy Ramu - Director Appointed In Casual Vacancy
The latest financial statements of SSL Shipping on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 08 September 2025. Year-wise statements from FY 2023 are in the company report.
The GSTIN of SSL Shipping is 33ABJCS6157P1ZN, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of SSL Shipping is U74997TN2022PLC156167. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
SSL Shipping was incorporated on 20 October 2022, making it 4+ years old. It is registered with the Registrar of Companies, Chennai.
Arun Parthasarathy Ramu was appointed as Director Appointed In Casual Vacancy on 14 Jun 2024. Chilukuri Venkata Subbarao ceased to be Director on 29 Sep 2023. Janardhanan Ramdas ceased to be Additional Director on 29 Sep 2023. SSL Shipping has 7 board changes on record in total.
The registered office of SSL Shipping is at 9 Cathedral Road, Chennai, Tamil Nadu, India – 600086.
SSL Shipping operates in the transport and logistics industry, in the shipbuilding and repair services segment.
SSL Shipping has open charges of ₹788.71 Cr and no satisfied charges on record as per latest MCA filings.