Westward Shipping Services Pvt Ltd

Westward Shipping Services Pvt Ltd - transport and logistics in New Delhi, Delhi, India. FY 2026 financials & compliance.
CIN U60231DL1981PTC102381 Incorporated 25 June 1981 ROC Delhi HQ New Delhi, Delhi, India
Active Private Limited Company transport and logistics
Revenue · FY 2024
₹8.75 Cr
▲ 77% YoY
Net profit · FY 2024
₹81.9 Lakh
Net margin 9.4%
EBITDA · FY 2024
₹1.16 Cr
EBITDA margin 13.2%
Authorised capital
₹2 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
45 yrs
Est. 1981
Directors on board
3
As per MCA filings
Active GSTINs
1
GST registered

About Westward Shipping Services Pvt Ltd

Data last updated:

Westward Shipping Services Pvt Ltd is a private limited company based in New Delhi, Delhi, India. It operates in the shipping and maritime services segment of the transport and logistics sector. It was incorporated on 25 June 1981 and has been in existence for over 45 years.

The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U60231DL1981PTC102381. Its GSTIN is 07AAACW3393H1Z6 (Delhi).

The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Lata Bhasin and Miti Garg.

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 A – 13 Defence Colony, New Delhi, Delhi, India – 110024.

As per the financials filed for FY 2024, the company reported a revenue of ₹8.75 Cr, a growth of 77% compared to the previous year. For the same year it recorded a net profit of ₹81.9 Lakh (net margin 9.4%) and EBITDA of ₹1.16 Cr (EBITDA margin 13.2%). Revenue has grown at a compounded annual rate (CAGR) of 170% over three years and 63% over five years.

Court records list 2 cases involving the company, including 2 filed against it.

The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U60231DL1981PTC102381
Registration Number 102381
Incorporation Date 25 June 1981
ROC Delhi
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant

CIN history

Westward Shipping Services has one previous CIN (Corporate Identification Number): U60231DL1999PTC102381. The current CIN is U60231DL1981PTC102381, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U60231DL1981PTC102381Current
U60231DL1999PTC102381Previous

Contact details

Westward Shipping Services Pvt Ltd's registered office is in New Delhi, Delhi. Its e-mail address is in the company report.

  • Email
  • Registered Address
    A – 13 Defence Colony, New Delhi, Delhi, India – 110024
  • Industry
    Transport and Logistics, Shipping & Maritime Services

To see the full contact details of Westward Shipping Services Pvt Ltd, buy the company report.

Comprehensive company report
Westward Shipping Services Pvt Ltd - 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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Business activity

The main business activity of Westward Shipping Services is transportation and storage. In detail, this covers water transport.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
HTransportation and storage50Water transport

To see the full business activity and turnover split of Westward Shipping Services Pvt Ltd, buy the company report.

Financials of Westward Shipping Services Pvt Ltd

FY 2025 filings available

Westward Shipping Services Pvt Ltd reported revenue of ₹8.75 Cr (up 77% YoY) for FY 2024.

Revenue · FY 2024
₹8.75 Cr ▲ 77%
Net profit · FY 2024
₹81.9 Lakh margin 9.4%
EBITDA · FY 2024
₹1.16 Cr margin 13.2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 77%
3 years · compounded
▲ 170%
5 years · compounded
▲ 63%
EBITDA CAGR growth
1 year
▼ 57%
3 years · compounded
▲ 103%
5 years · compounded
▲ 38%

Revenue has grown at a compounded annual rate (CAGR) of 63% over five years, including 77% growth in the latest year. EBITDA fell 57% 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₹1.16 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹81.9 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 Margin13.2%
Net Profit Margin9.4%
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 Westward Shipping Services Pvt Ltd, buy the company report.

Board of directors of Westward Shipping Services Pvt Ltd

Westward Shipping Services has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Priyanka BhasinAdditional Director03 Aug 20215 Years 3 MonthsCurrent
Lata BhasinDirector01 Feb 201412 Years 9 MonthsCurrent
Miti GargDirector01 Aug 201313 Years 3 MonthsCurrent

Auditor

Westward Shipping Services Pvt Ltd is audited by SANJAY CHOPRA & CO for the financial year 2020.

Auditor firmFinancial yearFirm registration number
SANJAY CHOPRA & COFY 2020011074N

Shareholding

The shareholding of Westward Shipping Services Pvt Ltd is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2020FY 2019FY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Westward Shipping Services Pvt Ltd, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Westward Shipping Services Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Westward Shipping Services has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
07AAACW3393H1Z6DelhiActive01 Jul 2017

To see the full GST registrations and return filing status of Westward Shipping Services Pvt Ltd, buy the company report.

Recent activity

Westward Shipping Services Pvt Ltd has 9 board changes on record since 2009: 3 appointments and 6 cessations. The latest: Priyanka Bhasin was appointed as Additional Director on 03 Aug 2021.

AGM
Westward Shipping Services Pvt Ltd last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Westward Shipping Services Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi.
Appointed
Priyanka Bhasin was appointed as Additional Director.
Ceased
Anil Bhasin ceased to be Director.
Ceased
Lata Bhasin ceased to be Additional Director.
Ceased
Miti Garg ceased to be Additional Director.
Ceased
Sushil Kumar Bhasin ceased to be Additional Director.
Appointed
Lata Bhasin was appointed as Director.
Ceased
Amar Raj Singh Nain ceased to be Additional Director.
Appointed
Miti Garg was appointed as Director.
Ceased
Kanhaya Lal Gupta ceased to be Additional Director.
Incorporation
25 Jun 1981
Westward Shipping Services Pvt Ltd was registered on 25 Jun 1981 with Roc Delhi & aged 45 years 4 months as per MCA records.

Frequently asked questions

Westward Shipping Services is an active private limited company based in New Delhi, Delhi, India. The company works in shipping and maritime services, within the transport and logistics industry. It was incorporated on 25 June 1981 (45+ years old) and is registered under CIN U60231DL1981PTC102381.

Westward Shipping Services has 3 current directors:

The latest financial statements of Westward Shipping Services 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.

The GSTIN of Westward Shipping Services is 07AAACW3393H1Z6, registered in Delhi.

The CIN (Corporate Identification Number) of Westward Shipping Services is U60231DL1981PTC102381. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Westward Shipping Services has 2 court cases on record: 2 filed against it.

Westward Shipping Services was incorporated on 25 June 1981, making it 45+ years old. It is registered with the Registrar of Companies, Delhi.

Priyanka Bhasin was appointed as Additional Director on 03 Aug 2021. Anil Bhasin ceased to be Director on 27 Nov 2020. Lata Bhasin ceased to be Additional Director on 30 Sep 2016. Westward Shipping Services has 9 board changes on record in total.

The registered office of Westward Shipping Services is at A – 13 Defence Colony, New Delhi, Delhi, India – 110024.

Westward Shipping Services operates in the transport and logistics industry, in the shipping and maritime services segment.