About Vizag Seaport Private Limited
Data last updated:
Vizag Seaport Private Limited is a private limited company based in Andhra Pradesh, India, a subsidiary of Ajr Infra And Tolling Limited. It operates in the port infrastructure and development segment of the infrastructure and utilities sector. It was incorporated on 24 April 2001 and has been in existence for over 25 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U45203AP2001PTC038955. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹125 Cr and a paid-up capital of ₹87.19 Cr. It is led by directors including Kishore Ragam (Managing Director) and Mineel Mali Madhukar.
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 Administrative Block S4 Gallery Near Gfcl Visakhapatnam Port Area Visakhapatnam, 530, Andhra Pradesh, India.
As per the financials filed for FY 2025, the company reported a revenue of ₹251.78 Cr, a decline of 9% compared to the previous year. For the same year it recorded a net profit of ₹18.88 Cr (net margin 7.5%) and EBITDA of ₹88.72 Cr (EBITDA margin 35.2%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 6% over five years.
The company has about 99 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹365.99 Cr and satisfied charges of ₹267.18 Cr on record. Court records list 42 cases involving the company, including 25 filed by the company and 17 filed against it; 4 cases are pending. The company has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹8 Cr; the latest was in November 2021. Its 5 peer companies in the Infrastructure industry (Ports), with the same principal business activity (services incidental to land, water & air transportation) are compared by revenue, 2 larger and 3 smaller; the largest is Adani Kandla Bulk Terminal Private Limited with revenue of ₹281.77 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vizagseaport.com.
Company details
Contact details
Vizag Seaport Private Limited's registered office is in Andhra Pradesh. Its website is vizagseaport.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressAdministrative Block S4 Gallery Near Gfcl Visakhapatnam Port Area Visakhapatnam, 530, Andhra Pradesh, India
- IndustryInfrastructure and Utilities, Port Infrastructure & Development
To see the full contact details of Vizag Seaport Private 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 Vizag Seaport is transport and storage. In detail, this covers services incidental to land, water & air transportation.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transport and storage | H5 | Services incidental to land, water & air transportation |
To see the full business activity and turnover split of Vizag Seaport Private Limited, buy the company report.
Financials of Vizag Seaport Private Limited
FY 2025 filings availableVizag Seaport Private Limited reported revenue of ₹251.78 Cr (down 9% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 9% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 6%. EBITDA fell 16% 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 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 | ₹88.72 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹18.88 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 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 35.2% | ||||
| Net Profit Margin | 7.5% | ||||
| 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 Vizag Seaport Private Limited, buy the company report.
Board of directors of Vizag Seaport Private Limited
Vizag Seaport has 6 current directors and 37 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mineel Mali Madhukar Also directs: Ajr Infra and Tolling Limited | Director | 06 Jul 2022 | 4 Years 3 Months | Current |
| Vinod Behari Sahai Also directs: Ajr Infra and Tolling Limited, Sema Systems India Private Limited, Indi-Antlia Private Limited and 2 more | Director | 28 Jul 2023 | 3 Years 2 Months | Current |
| Poonevala Shiraz Erach Also directs: Exuber Chemicals Private Limited | Director | 14 Mar 2018 | 8 Years 7 Months | Current |
| Laxmi Narayan Mallik | Alternate Director | 22 Jul 2025 | 1 Years 3 Months | Current |
| Kishore Ragam | Managing Director | 01 Sep 2002 | 24 Years 1 Months | Current |
| Vilas Chandulal Darji | Additional Director | 03 Apr 2025 | 1 Years 6 Months | Current |
Peer comparison
Vizag Seaport Private Limited is compared with the 5 companies closest to it by revenue in the Infrastructure industry (Ports), with the same principal business activity (services incidental to land, water & air transportation), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Adani Kandla Bulk Terminal Private Limited | ₹281.77 Cr (FY 2025) | 2.0% | Ahmedabad, Gujarat, India | |||
| Adani Vizhinjam Port Private Limited | ₹267.83 Cr (FY 2025) | 2338.0% | Ahmedabad, Gujarat, India | |||
| Vizag Seaport Private Limitedthis company | ₹251.78 Cr (FY 2025) | ₹18.88 Cr | 7.5% | -9.0% | 99 | Andhra Pradesh, India |
| Paradip International Cargo Terminal Private Limited | ₹238.92 Cr (FY 2025) | 6.0% | Mumbai, Maharashtra, India | |||
| SP Port Maintenance Private Limited | ₹222.91 Cr (FY 2024) | 1595.0% | Mumbai, Maharashtra, India | |||
| PNP Maritime Services Private Limited | ₹204.7 Cr (FY 2020) | 19.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Vizag Seaport Private Limited, buy the company report.
Auditor
Vizag Seaport Private Limited is audited by NATVARLAL VEPARI & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NATVARLAL VEPARI & CO | FY 2023 | 106971W |
Shareholding
The shareholding of Vizag Seaport 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Vizag Seaport Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Nov 2024 | 101017168 | Hdfc Bank Limited | ₹1.33 Cr | Open | |
| 07 Oct 2024 | 100984521 | Others | ₹1 Cr | Open | |
| 31 Mar 2024 | 100907133 | Others | ₹1.29 Cr | Open | |
| 29 Feb 2024 | 100887499 | Others | ₹2.18 Cr | Open | |
| 22 May 2023 | 100726408 | Hdfc Bank Limited | ₹3.2 Cr | Open |
To see the full charge records of Vizag Seaport Private Limited, buy the company report.
Total charge records: 14 View all charges
Deals & funding
Vizag Seaport Private Limited has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹8 Cr; the latest was in November 2021.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2021 | Secondary share transfer | Undisclosed | Buyer: Shripriya Ports Private Limited Seller: Ajr Infra and Tolling Limited |
| Mar 2011 | Secondary share transfer | Undisclosed | Buyer: Ajr Infra and Tolling Limited Seller: International Port Services Private Limited |
| Jun 2009 | Secondary share transfer | Undisclosed | Buyer: Ajr Infra and Tolling Limited Seller: Cochin Bridge Infrastructure Company Limited |
| Mar 2008 | Funding round | ₹8 Cr | Investors: Cochin Bridge Infrastructure Company Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Vizag Seaport Private Limited has 42 court cases on record: 25 filed by Vizag Seaport, 17 filed against it. 4 cases are pending and 38 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 36 | 15 | 4 |
| District courts | 6 | 2 | 0 |
Cases on record (5 of 42)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Court case (EC-COM) | Filed by the company against Steel Authority of India Limited | Pending |
| High Court, ANDHRAPRADESH | Writ petition | Filed against the company by Steel Authority of India Limited | Pending |
| High Court, West Bengal | Arbitration matter | Filed against the company by Steel Authority of India Limited (Sail) | Pending |
| Calcutta High Court | Court case (AP-COM) | Filed against the company by Steel Authority of India Limited | Disposed |
| High Court, West Bengal | Arbitration matter | Filed against the company by Steel Authority of India Limited (Sail) | Disposed |
To see the full case history of Vizag Seaport Private 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.
Credit ratings & regulatory alerts
Vizag Seaport Private Limited was last rated by Care on 09 Feb 2026.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 09 Feb 2026 |
To see the full credit ratings and regulatory alerts of Vizag Seaport Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Vizag Seaport Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Vizag Seaport Private Limited has a workforce of 99 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Vizag Seaport has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Vizag Seaport Private Limited, buy the company report.
Recent activity
Vizag Seaport Private Limited has 44 board changes on record since 2002: 9 appointments and 35 cessations. The latest: Laxmi Narayan Mallik was appointed as Alternate Director on 22 Jul 2025.
59 earlier events are in the company report.
Frequently asked questions
Vizag Seaport is an active private limited company based in Andhra Pradesh, India. The company works in port infrastructure and development, within the infrastructure and utilities industry. It was incorporated on 24 April 2001 (25+ years old) and is registered under CIN U45203AP2001PTC038955.
Vizag Seaport has 6 current directors:
- Kishore Ragam - Managing Director
- Mineel Mali Madhukar - Director
- Vinod Behari Sahai - Director
- Poonevala Shiraz Erach - Director
- Laxmi Narayan Mallik - Alternate Director
- Vilas Chandulal Darji - Additional Director
The latest financial statements of Vizag Seaport on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
No. Vizag Seaport has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Vizag Seaport is U45203AP2001PTC038955. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vizag Seaport has 42 court cases on record: 25 filed by the company and 17 filed against it. 4 are pending. Most are in the high courts.
Vizag Seaport was incorporated on 24 April 2001, making it 25+ years old. It is registered with the Registrar of Companies, Vijayawada.
Vizag Seaport has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹8 Cr; the latest was in November 2021.
The peers of Vizag Seaport by revenue are Adani Kandla Bulk Terminal Private Limited, Adani Vizhinjam Port Private Limited, Paradip International Cargo Terminal Private Limited, SP Port Maintenance Private Limited, PNP Maritime Services Private Limited, all in the Infrastructure industry (Ports), with the same principal business activity (services incidental to land, water & air transportation).
Laxmi Narayan Mallik was appointed as Alternate Director on 22 Jul 2025. Vydyula Sudhakar Roy Venkata was appointed as Manager on 01 May 2025. Vilas Chandulal Darji was appointed as Additional Director on 03 Apr 2025. Vizag Seaport has 44 board changes on record in total.
Vizag Seaport can be reached through the website vizagseaport.com. Its registered office is in Andhra Pradesh, India.