Vaz Forwarding Limited
About Vaz Forwarding Limited
Data last updated:
Vaz Forwarding Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the real estate financing segment of the financial services sector. It was incorporated on 10 March 1977 and has been in existence for over 49 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U99999MH1977PLC019547. Its GSTIN is 27AAACV3761G2ZA (Maharashtra). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹75 Lakh and a paid-up capital of ₹25 Lakh. It is led by directors including Nigel Robert Vaz and John Manuvel Gonsalves.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.35 Cr, a decline of 3% compared to the previous year. For the same year it recorded a net loss of ₹64.09 Lakh (net margin -47.6%) and EBITDA of -₹25.46 Lakh (EBITDA margin -18.9%). Revenue has declined at a compounded annual rate (CAGR) of 18% over three years and 5% over five years.
Its group structure includes 2 subsidiaries.
As per MCA filings, the company has satisfied charges of ₹14.03 Cr on record. Court records list 18 cases involving the company, including 8 filed by the company and 10 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressWakefield House 3rd Floor 11 Sprott Road Ballard Estate Between Customs & Darabsh, Aw House, Mumbai, Maharashtra, India – 400001
- IndustryFinancial Services, Real Estate Financing
- 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
- One PDF report, delivered after checkout
Business Activity of Vaz Forwarding Limited
The main business activity of Vaz Forwarding is real estate. In detail, this covers real estate activities with own or leased property.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Vaz Forwarding Limited FY 2025 filings available
Vaz Forwarding Limited reported revenue of ₹1.35 Cr (down 3% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Vaz Forwarding Limited
Revenue has declined at a compounded annual rate (CAGR) of 5% over five years, including a 3% fall in the latest year. EBITDA rose 35% 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 of Vaz Forwarding Limited
| 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 | -₹25.46 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹64.09 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 of Vaz Forwarding Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -18.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -47.6% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Vaz Forwarding are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Auditor Details of Vaz Forwarding Limited
Vaz Forwarding Limited is audited by THAKUR VAIDYANATH AIYAR & CO for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| THAKUR VAIDYANATH AIYAR & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Vaz Forwarding Limited
Vaz Forwarding has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nigel Robert Vaz Also directs: Belmont Properties Limited, Mark Movers Private Limited | Director | 11 Jan 2016 | 10 Years 8 Months | Current |
| John Manuvel Gonsalves Also directs: Belmont Properties Limited | Director | 17 Apr 2019 | 7 Years 5 Months | Current |
| Marlene Winston Vaz Also directs: Belmont Properties Limited, Mark Movers Private Limited | Director | 05 Jan 2016 | 10 Years 9 Months | Current |
Ownership and Shareholding of Vaz Forwarding Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Vaz Forwarding Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Jun 2006 | State Bank of India | ₹50 Lakh | Satisfied |
| 22 Jun 2006 | State Bank of India | ₹50 Lakh | Satisfied |
| 14 Jul 1999 | Bank Muscat Internationa Lsoag | ₹1 Cr | Satisfied |
| 14 Sep 1998 | The Saraswat Co- Op. Bank Ltd. | ₹5 Lakh | Satisfied |
| 11 Apr 1998 | Union Bank of India | ₹15 Lakh | Satisfied |
Total charge records: 11 View all charges
Legal Cases of Vaz Forwarding Limited
Vaz Forwarding Limited has 18 court cases on record: 8 filed by Vaz Forwarding, 10 filed against it. All cases are disposed. Status as checked between 28 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 9 | 3 | 0 |
| District courts | 9 | 7 | 0 |
Cases on record (5 of 18)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal case | Filed against the company by Clipper Voyages Private Limited | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SUMMONS CASES SS) | Filed against the company by Assistant Registrar of Companies | Disposed |
| Bombay High Court | Interim or miscellaneous application | Filed by the company against State Bank of India and 3 others | Disposed |
| District court, Mah State Cooperative Appellat, Maharashtra | Appeal | Filed by the company against Atlanta Premises Co-Operative Society Ltd | Disposed |
| High Court of Gujarat | Court case (TAXAP) | Filed against the company by Commissioner of Customs | Disposed |
Full case history
All 18 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Vaz Forwarding Limited
Employment history and EPFO contributions of people linked to Vaz Forwarding.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Group Structure of Vaz Forwarding Limited
Vaz Forwarding has 2 subsidiary companies. This group structure data is as of FY 2019. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Belmont Properties Limited | U70100MH1979PLC021230 | Locked |
| Topcon Developers Private Limited | U70102KA1991PTC012429 | Locked |
Showing major subsidiaries. Total: 2.
CIN History of Vaz Forwarding Limited
Vaz Forwarding has one previous CIN (Corporate Identification Number): U99999MH1977PTC019547. The current CIN is U99999MH1977PLC019547, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U99999MH1977PLC019547 | Current |
| U99999MH1977PTC019547 | Previous |
Recent Activity on Vaz Forwarding Limited
Vaz Forwarding Limited has 9 board changes on record since 2015: 3 appointments and 6 cessations. The latest: John Manuvel Gonsalves ceased to be Additional Director on 30 Sep 2019.
25 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Vaz Forwarding Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Vaz Forwarding Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Vaz Forwarding Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Vaz Forwarding Limited
Vaz Forwarding has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACV3761G2ZA | Maharashtra | Active | 03 Oct 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Vaz Forwarding Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Vaz Forwarding Limited
Vaz Forwarding is an active public limited company based in Mumbai, Maharashtra, India. The company works in real estate financing, within the financial services industry. It was incorporated on 10 March 1977 (49+ years old) and is registered under CIN U99999MH1977PLC019547.
Vaz Forwarding reported revenue of ₹1.35 Cr for FY 2025 (down 3% YoY).
Vaz Forwarding has 3 current directors:
- Nigel Robert Vaz - Director
- John Manuvel Gonsalves - Director
- Marlene Winston Vaz - Director
Vaz Forwarding reported a net loss of ₹64.09 Lakh (net margin -47.6%) and EBITDA of -₹25.46 Lakh (EBITDA margin -18.9%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Vaz Forwarding is 18% over three years and -5% over five years. In the latest year (FY 2025) revenue fell 3%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Vaz Forwarding is 27AAACV3761G2ZA, registered in Maharashtra. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Vaz Forwarding is U99999MH1977PLC019547. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vaz Forwarding has 18 court cases on record: 8 filed by the company and 10 filed against it. Most are in the high courts.
Vaz Forwarding was incorporated on 10 March 1977, making it 49+ years old. It is registered with the Registrar of Companies, Mumbai.
John Manuvel Gonsalves ceased to be Additional Director on 30 Sep 2019. John Manuvel Gonsalves was appointed as Director on 17 Apr 2019. Winston Gregory Vaz ceased to be Director on 17 Apr 2019. Vaz Forwarding has 9 board changes on record in total.