Shield Armoring Private Limited

Shield Armoring Private Limited - aerospace, maritime and defense in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U74900MH2011PTC216618 Incorporated 25 April 2011 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company aerospace, maritime and defense MSME · Small
Data last updated
Revenue · FY 2024
₹9.97 Cr
▲ 40% YoY
Net profit · FY 2024
₹23.49 Lakh
Net margin 2.4%
EBITDA · FY 2024
₹42.74 Lakh
EBITDA margin 4.3%
Authorised capital
₹1.1 Cr
Registered with MCA
Paid-up capital
₹1 Cr
Issued & subscribed
Open charges
₹3.21 Cr
Secured borrowings
Company age
15 yrs
Est. 2011
Directors on board
6
As per MCA filings

About Shield Armoring Private Limited

Data last updated:

Shield Armoring Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the defence vehicles and armored transport segment of the aerospace, maritime and defence sector. It was incorporated on 25 April 2011 and has been in existence for over 15 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74900MH2011PTC216618. The company has 1 GST registration on record, which is no longer active.

The company has an authorised share capital of ₹1.1 Cr and a paid-up capital of ₹1 Cr. It was formerly known as Streit Armoring Private Limited. It is led by directors including Romanenko Anastasia and Brian Karl Bowers.

Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 205 Balaji Arcade S V Road Kandivali (West), Mumbai, Maharashtra, India – 400067.

As per the financials filed for FY 2024, the company reported a revenue of ₹9.97 Cr, a growth of 40% compared to the previous year. For the same year it recorded a net profit of ₹23.49 Lakh (net margin 2.4%) and EBITDA of ₹42.74 Lakh (EBITDA margin 4.3%). Revenue has grown at a compounded annual rate (CAGR) of 42% over three years and 11% over five years.

The company is associated with 1 brand: Shield India Armoring. As per MCA filings, the company has open charges of ₹3.21 Cr on record. Court records list 3 cases involving the company, including 1 filed by the company and 2 filed against it.

Shield Armoring Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0008529). The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website shieldarmoring.com.

Company details

CIN U74900MH2011PTC216618
Registration Number 216618
Incorporation Date 25 April 2011
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2024
Compliance Status Active Non-Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-19-0008529
Key People
Romanenko Anastasia Director Brian Karl Bowers Director Surinder Singh Ram Singh Rathor Director

Recognitions & Rankings of Shield Armoring

MSME (Udyam registered) Ministry of MSME
Category
Small (2020-21)
Udyam number
UDYAM-MH-19-0008529

Contact details

Shield Armoring Private Limited's registered office is in Mumbai, Maharashtra. Its website is shieldarmoring.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    shieldarmoring.com
  • Social Media
  • Registered Address
    205 Balaji Arcade S V Road Kandivali (West), Mumbai, Maharashtra, India – 400067
  • Industry
    Aerospace, Maritime and Defense, Defence Vehicles & Armored Transport

To see the full contact details of Shield Armoring Private Limited, buy the company report.

Comprehensive company report
Shield Armoring 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
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Brands

Shield Armoring operates one associated brand: Shield India Armoring. Each brand links to its own profile.

BrandDescriptionWebsite
Shield India Armoring
Manufacturing of armored vehicles and security solutions in India.shieldarmoring.com

Business activity

The main business activity of Shield Armoring is manufacturing. In detail, this covers manufacture of beverages.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturing11Manufacture of beverages

To see the full business activity and turnover split of Shield Armoring Private Limited, buy the company report.

Financials of Shield Armoring Private Limited

FY 2024 filings available

Shield Armoring Private Limited reported revenue of ₹9.97 Cr (up 40% YoY) for FY 2024.

Revenue · FY 2024
₹9.97 Cr ▲ 40%
Net profit · FY 2024
₹23.49 Lakh margin 2.4%
EBITDA · FY 2024
₹42.74 Lakh margin 4.3%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 40%
3 years · compounded
▲ 42%
5 years · compounded
▲ 11%
EBITDA CAGR growth
1 year
▼ 4%
3 years · compounded
▲ 5%
5 years · compounded
▲ 2%

Revenue has grown at a compounded annual rate (CAGR) of 11% over five years, including 40% growth in the latest year. EBITDA fell 4% 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₹42.74 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹23.49 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 Margin4.3%
Net Profit Margin2.4%
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 Shield Armoring Private Limited, buy the company report.

Board of directors of Shield Armoring Private Limited

Shield Armoring has 6 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Romanenko AnastasiaDirector19 May 201115 Years 5 MonthsCurrent
Brian Karl BowersDirector19 May 201115 Years 5 MonthsCurrent
Surinder Singh Ram Singh Rathor
Also directs: Multiple Pharma India Private Limited, Shield Armoring Vehicles LLP
Director25 Apr 201115 Years 6 MonthsCurrent
Ram Singh Rathor
Also directs: Rathor Engineers Private Limited, Multiple Pharma India Private Limited, The Bombay Provincial Hockey Association Limited
Director25 Apr 201115 Years 6 MonthsCurrent
Inderjeet Singh Rathor
Also directs: Multiple Pharma India Private Limited, Shield Armoring Vehicles LLP
Director25 Apr 201115 Years 6 MonthsCurrent
Guerman GoutorovDirector19 May 201115 Years 5 MonthsCurrent
View all directors

Auditor

Shield Armoring Private Limited is audited by S S R V & ASSOCIATES for the financial year 2018.

Auditor firmFinancial yearFirm registration number
S S R V & ASSOCIATESFY 2018135901W

Shareholding

The shareholding of Shield Armoring Private Limited is on record for 4 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2018FY 2017FY 2016FY 2015
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Shield Armoring Private Limited, buy the company report.

Charges & borrowings

Open charges
₹3.21 Cr
Satisfied charges
None
Breakdown by lending institutions
Axis Bank Limited₹2.50 Cr
Hdfc Bank Limited₹0.71 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
01 Mar 2025101093306Hdfc Bank Limited₹70.62 LakhOpen
12 Jan 201610618050Axis Bank Limited₹2.5 CrOpen

Total charge records: 2 View all charges

Credit ratings & regulatory alerts

Shield Armoring Private Limited was last rated by Crisil on 29 Nov 2017.

Rating agencyRated onRating
Crisil29 Nov 2017

To see the full credit ratings and regulatory alerts of Shield Armoring Private Limited, buy the company report.

MSME payment delays

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

GST

Shield Armoring has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.

Total GSTINs
1
Cancelled / inactive
1

To see the full GST registrations and return filing status of Shield Armoring Private Limited, buy the company report.

Recent activity

Shield Armoring Private Limited has 9 board changes on record since 2011: 6 appointments and 3 cessations. The latest: Brian Karl Bowers ceased to be Additional Director on 29 Sep 2012.

AGM
Shield Armoring Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.71 Cr with Charge ID 101093306 was registered on 01 Mar 2025.
Filing
Shield Armoring Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai I.
Charges
A charge with Axis Bank Limited amounted to Rs. 2.50 Cr with Charge ID 10618050 was registered on 12 Jan 2016.
Ceased
Brian Karl Bowers ceased to be Additional Director.
Ceased
Guerman Goutorov ceased to be Additional Director.
Ceased
Romanenko Anastasia ceased to be Additional Director.
Appointed
Brian Karl Bowers was appointed as Director.
Appointed
Guerman Goutorov was appointed as Director.
Appointed
Romanenko Anastasia was appointed as Director.
Appointed
Inderjeet Singh Rathor was appointed as Director.
Appointed
Ram Singh Rathor was appointed as Director.

2 earlier events are in the company report.

Frequently asked questions

Shield Armoring is an active private limited company based in Mumbai, Maharashtra, India. The company works in defence vehicles and armored transport, within the aerospace, maritime and defense industry. It was incorporated on 25 April 2011 (15+ years old) and is registered under CIN U74900MH2011PTC216618.

Shield Armoring has 6 current directors:

The latest financial statements of Shield Armoring on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.

No. Shield Armoring has 1 GST registration on record and it is cancelled or inactive.

The CIN (Corporate Identification Number) of Shield Armoring is U74900MH2011PTC216618. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Shield Armoring has 3 court cases on record: 1 filed by the company and 2 filed against it. Most are in the district courts.

Shield Armoring was incorporated on 25 April 2011, making it 15+ years old. It is registered with the Registrar of Companies, Mumbai.

Brian Karl Bowers ceased to be Additional Director on 29 Sep 2012. Guerman Goutorov ceased to be Additional Director on 29 Sep 2012. Romanenko Anastasia ceased to be Additional Director on 29 Sep 2012. Shield Armoring has 9 board changes on record in total.

Yes, Shield Armoring is registered as a small enterprise under Udyam registration (number: UDYAM-MH-19-0008529).

Shield Armoring can be reached through the website shieldarmoring.com. Its registered office is in Mumbai, Maharashtra, India.