About Vadhvan Port Project Limited
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Vadhvan Port Project Limited is a public limited union government company based in Navi Mumbai, Maharashtra, India, a subsidiary of Jawaharlal Nehru Port Authority. It operates in the port infrastructure and development segment of the infrastructure and utilities sector. It was incorporated on 14 September 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45309MH2016GOI285869. Its GSTIN is 27AAFCV6524N2ZR (Maharashtra). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹14,000 Cr and a paid-up capital of ₹1,300.65 Cr. It is led by directors including Sunilkumar Vishnu Madabhavi and Gautam Kumar Das.
Its last annual general meeting (AGM) was held on 03 December 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 1st Floor Administrative Building Sheva Navi Mumbai, Maharashtra, India – 400707.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.06 Lakh, a growth of 58% compared to the previous year. For the same year it recorded a net profit of ₹2.98 Lakh (net margin 73.6%) and EBITDA of ₹3.32 Lakh (EBITDA margin 81.8%).
The company is associated with 1 brand: Vadhvan Port Project Limited. Court records list 35 cases involving the company, including 14 filed by the company and 21 filed against it; 3 cases are pending. The company has 1 deal on record (1 rights issue); the latest was in December 2024. Its 10 peer companies in the Infrastructure industry (Ports) are compared by revenue, 5 larger and 5 smaller; the largest is Viraj Marine Project Private Limited with revenue of ₹7 Lakh. The company has 2 MSME Form 1 returns on record between 2019 and 2021, listing 2 overdue payments to 1 micro and small supplier.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vadhvanport.in.
Company details
Contact details
Vadhvan Port Project Limited's registered office is in Navi Mumbai, Maharashtra. Its website is vadhvanport.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered Address1st Floor Administrative Building Sheva Navi Mumbai, Maharashtra, India – 400707
- IndustryInfrastructure and Utilities, Port Infrastructure & Development
To see the full contact details of Vadhvan Port Project 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
Brands
Vadhvan Port Project operates one associated brand: VADHVAN PORT PROJECT LIMITED. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Port development and maritime infrastructure services in Maharashtra. | vadhvanport.in |
Financials of Vadhvan Port Project Limited
FY 2024 filings availableVadhvan Port Project Limited reported revenue of ₹4.06 Lakh (up 58% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 58% in the latest year. EBITDA rose 174% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹3.32 Lakh | ||||
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| Net Profit (PAT) | ₹2.98 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 81.8% | ||||
| Net Profit Margin | 73.6% | ||||
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To see the full financial statements and ratios of Vadhvan Port Project Limited, buy the company report.
Board of directors of Vadhvan Port Project Limited
Vadhvan Port Project has 7 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sunilkumar Vishnu Madabhavi | Nominee Director | 01 Dec 2017 | 8 Years 10 Months | Current |
| Gautam Kumar Das | Nominee Director | 14 Jan 2022 | 4 Years 9 Months | Current |
| Unmesh Sharad Wagh | Nominee Director | 22 Jul 2020 | 6 Years 3 Months | Current |
| Vaidyanathan Gopalakrishnan | Nominee Director | 01 Jun 2021 | 5 Years 4 Months | Current |
| Dhanaji Hanmant Shinde | Nominee Director | 27 Nov 2025 | 0 Years 10 Months | Current |
| Prabhakar Pradeep | Nominee Director | 16 Jan 2025 | 1 Years 9 Months | Current |
Peer comparison
Vadhvan Port Project Limited is compared with the 10 companies closest to it by revenue in the Infrastructure industry (Ports), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Viraj Marine Project Private Limited | ₹7 Lakh (FY 2023) | -98.0% | Hyderabad, Telangana, India | |||
| Malabar International Port & Sez Limited | ₹5.59 Lakh (FY 2022) | 2387.0% | Thiruvananthapuram, Kerala, India | |||
| Aditya Birla Ports Limited | ₹4.95 Lakh (FY 2018) | -5.0% | Bhubaneswar, Odisha, India | |||
| Ipl Gujarat Port Limited | ₹4.21 Lakh (FY 2019) | 8.0% | Chennai, Tamil Nadu, India | |||
| Panatrans Sea Ports Private Limited | ₹4.18 Lakh (FY 2022) | Mumbai, Maharashtra, India | ||||
| Vadhvan Port Project Limitedthis company | ₹4.06 Lakh (FY 2024) | ₹2.98 Lakh | 73.6% | 58.0% | Navi Mumbai, Maharashtra, India | |
| Techno Ports & Harbours Private Limited | ₹3.53 Lakh (FY 2018) | -81.0% | New Delhi, Delhi, India | |||
| Ostram Ports and Sea Private Limited | ₹2.6 Lakh (FY 2022) | -84.0% | Navi Mumbai, Maharashtra, India | |||
| Manosanthi Ports and Logistics Private Limited | ₹2.3 Lakh (FY 2024) | 1511.0% | Tiruppur, Tamil Nadu, India | |||
| Koronation Port Development Private Limited | ₹2.05 Lakh (FY 2025) | 4.0% | Gandhinagar, Gujarat, India | |||
| SP Armada Clean Energy Ventures Private Limited | ₹2.01 Lakh (FY 2025) | 5039.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Vadhvan Port Project Limited, buy the company report.
Auditor
Vadhvan Port Project Limited is audited by M Parashar & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M Parashar & Co. | FY 2023 | 101794W |
Shareholding
The shareholding of Vadhvan Port Project 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 2021 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Vadhvan Port Project Limited, buy the company report.
Deals & funding
Vadhvan Port Project Limited has 1 deal on record (1 rights issue); the latest was in December 2024.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2024 | Rights issue | ₹1,300 Cr | Investors: Jawaharlal Nehru Port Trust, Maharashtra Maritime Board |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Vadhvan Port Project Limited has 35 court cases on record: 14 filed by Vadhvan Port Project, 21 filed against it. 3 cases are pending and 32 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 27 | 18 | 0 |
| District courts | 6 | 2 | 2 |
| Supreme Court | 1 | 0 | 0 |
| NCLAT | 1 | 1 | 1 |
Cases on record (5 of 35)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed against the company by Hathway Bhawani Cabletel and Datacom Ltd | Pending |
| Bombay High Court | Court case (COMEX) | Filed against the company by Starlog Enterprises Ltd. | Disposed |
| Bombay High Court | Court case (CARBP) | Filed by the company against Starlog Enterprises Ltd. | Disposed |
| Bombay High Court | Court case (NMCD) | Filed by the company against Starlog Enterprises Ltd. | Disposed |
| Bombay High Court | Court case (CARAP) | Filed against the company by Vishal Civil Engineering Pvt. Ltd. | Disposed |
To see the full case history of Vadhvan Port Project 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
Vadhvan Port Project Limited has 2 MSME Form 1 returns on record between 2019 and 2021, listing 2 overdue payments to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| SMSR & Co, LLP |
To see the full MSME payment records of Vadhvan Port Project Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Vadhvan Port Project has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCV6524N2ZR | Maharashtra | Active | 18 Feb 2022 |
| 27AAFCV6524N1D1 | Maharashtra | Active | 05 Mar 2024 |
To see the full GST registrations and return filing status of Vadhvan Port Project Limited, buy the company report.
Recent activity
Vadhvan Port Project Limited has 23 board changes on record since 2016: 15 appointments and 8 cessations. The latest: Dhanaji Hanmant Shinde was appointed as Nominee Director on 27 Nov 2025.
14 earlier events are in the company report.
News
Frequently asked questions
Vadhvan Port Project is an active public limited union government company based in Navi Mumbai, Maharashtra, India. The company works in port infrastructure and development, within the infrastructure and utilities industry. It was incorporated on 14 September 2016 (10+ years old) and is registered under CIN U45309MH2016GOI285869.
Vadhvan Port Project has 7 current directors:
- Sunilkumar Vishnu Madabhavi - Nominee Director
- Gautam Kumar Das - Nominee Director
- Unmesh Sharad Wagh - Nominee Director
- Vaidyanathan Gopalakrishnan - Nominee Director
- Dhanaji Hanmant Shinde - Nominee Director
- Prabhakar Pradeep - Nominee Director
- Suresh Dadasaheb Sarangkar - Nominee Director
The latest financial statements of Vadhvan Port Project on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 03 December 2024. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Vadhvan Port Project is 27AAFCV6524N2ZR, registered in Maharashtra. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 27AAFCV6524N1D1 (Maharashtra).
The CIN (Corporate Identification Number) of Vadhvan Port Project is U45309MH2016GOI285869. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vadhvan Port Project has 35 court cases on record: 14 filed by the company and 21 filed against it. 3 are pending. Most are in the high courts.
Vadhvan Port Project was incorporated on 14 September 2016, making it 10+ years old. It is registered with the Registrar of Companies, Mumbai.
Vadhvan Port Project has 1 deal on record (1 rights issue); the latest was in December 2024.
The peers of Vadhvan Port Project by revenue are Viraj Marine Project Private Limited, Malabar International Port & Sez Limited, Aditya Birla Ports Limited, Ipl Gujarat Port Limited, Panatrans Sea Ports Private Limited and 5 more, all in the Infrastructure industry (Ports).
Dhanaji Hanmant Shinde was appointed as Nominee Director on 27 Nov 2025. Manik Gajaram Gursal ceased to be Nominee Director on 16 Jan 2025. Prabhakar Pradeep was appointed as Nominee Director on 16 Jan 2025. Vadhvan Port Project has 23 board changes on record in total.
Vadhvan Port Project has 2 MSME Form 1 returns on record between 2019 and 2021, listing 2 overdue payments to 1 micro and small supplier. The latest return was filed on 29 Oct 2021.
Vadhvan Port Project can be reached through the website vadhvanport.in. Its registered office is in Navi Mumbai, Maharashtra, India.