Chowgule Steamships Limited

Private shipping company with 5 vessels for bulk cargo transportation and outsourced ship management services.

1963 | Goa, Goa (India) | Active
Last Updated: January 02, 2025

Chowgule Steamships Profile

Key Indicators

  • Authorised Capital ₹ 75.00 Cr
  • Paid Up Capital ₹ 36.31 Cr
  • Company Age 61 Year, 9 Months
  • Last Filing with ROC 31 Mar 2022
  • Open Charges ₹ 109.52 Cr
  • Satisfied Charges ₹ 350.63 Cr
  • Revenue Growth -43.91%
  • Profit Growth -1015.81%
  • Ebitda 32.30%
  • Net Worth -72.44%
  • Total Assets -68.95%

About Chowgule Steamships

Chowgule Steamships Limited (CSL) was founded in India on 09 April 1963 and has a glorious history of 61 years and nine months.Its registered office is in Goa, Goa, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 501833.

The Company is engaged in the Transport And Logistics Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2022. It's a company limited by shares with an authorized capital of Rs 75.00 Cr and a paid-up capital of Rs 36.31 Cr.

The company currently has active open charges totaling ₹109.52 Cr. The company has closed loans amounting to ₹350.63 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Chowgule Steamships Limited India are Rinky Gupta as COMPANY SECRETARY and Vikram Deshpande as Cfo. Mangesh Sawant, Vijay Chowgule, Ramesh Laxmanrao, and Three other members serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    L63090GA1963PLC000002

  • Company No.

    000002

  • Stock Symbol

    BSE : 501833

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    09 Apr 1963

  • Date of AGM

    27 Sep 2022

  • Date of Balance Sheet

    31 Mar 2022

  • Listing Status

    Listed

  • ROC Code

    Roc Goa

Industry

Transport and Logistics

What products or services does Chowgule Steamships Limited offer?

Chowgule Steamships Limited offers a wide range of products and services, including Freight Forwarding Services, Shipping Services, Forwarding & Custom Clearing.

Who are the key members and board of directors at Chowgule Steamships?

Executive Team (2)

NameDesignationAppointment DateStatus
Rinky Gupta Company Secretary29-Apr-2024Current
Vikram Deshpande CFO25-Aug-2022Current

Board Members (6)

NameDesignationAppointment DateStatus
Amit Khandelwal Country flag representing In Director 16-Jan-2021Current
Mangesh Sawant Country flag representing In Director 27-Sep-2022Current
Vijay Chowgule Country flag representing In Whole-Time Director 14-Jan-2021Current
Ramesh Laxmanrao Country flag representing In Director 14-Jan-2021Current
Rohini Chowgule Country flag representing In Director 22-Jan-2009Current
Deepak Jadhav Country flag representing In Director 07-Jul-2023Current

Financial Performance of Chowgule Steamships.

Chowgule Steamships Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 43.91% decrease. The company also saw a substantial fall in profitability, with a 1015.81% decrease in profit. The company's net worth observed a substantial decline by a decrease of 72.44%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-43.91%
Revenue from Operations
Total Assets
-68.95%
Profit or Loss
-1015.81%
Net Worth
-72.44%
EBITDA
32.30%

What is the Ownership and Shareholding Structure of Chowgule Steamships?

In 2021, Chowgule Steamships had a promoter holding of 72.14% and a public holding of 27.86%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹109.52 Cr

Satisfied Charges

₹350.63 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 95.48 Cr
  • The International Finance Corporation : 8.40 Cr
  • Shipping Development Fund Committee : 3.43 Cr
  • The Shipping Credit And Investment Compnay Of India Ltd : 1.33 Cr
  • The Shipping Credit & Investment Company Of India Ltd : 0.62 Cr
  • Others : 0.26 Cr

Latest Charge Details

DateLenderAmountStatus
02 Nov 1999The International Finance Corporation₹4.20 CrOpen
10 Feb 1999The International Finance Corporation₹4.20 CrOpen
30 Mar 1995State Bank Of India₹79.20 CrOpen
12 Oct 1993State Bank Of India₹8.50 CrOpen
27 Nov 1990The Shipping Credit And Investment Compnay Of India Ltd₹1.33 CrOpen

How Many Employees Work at Chowgule Steamships?

Unlock and access historical data on people associated with Chowgule Steamships, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Chowgule Steamships, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Chowgule Steamships's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Chowgule Steamships

Recent activity within the organization

  • Director Appointment

    Rinky Devi Amarjeet Gupta was appointed as a Company Secretary was appointed as a Company Secretary on 29 Apr 2024 & has been associated with this company since 9 months 3 days .

    29 Apr 2024

  • Director Appointment

    Deepak Balkrishna Jadhav was appointed as a Director was appointed as a Director on 07 Jul 2023 & has been associated with this company since 1 year 6 months .

    07 Jul 2023

  • Annual General Meeting

    Chowgule Steamships Limited last Annual general meeting of members was held on 27 Sep 2022 as per latest MCA records.

    27 Sep 2022

  • Director Appointment

    Mangesh Sitaram Sawant was appointed as a Director was appointed as a Director on 27 Sep 2022 & has been associated with this company since 2 years 4 months .

    27 Sep 2022

  • Director Appointment

    Vikram Sudhakar Deshpande was appointed as a Cfo was appointed as a Cfo on 25 Aug 2022 & has been associated with this company since 2 years 5 months .

    25 Aug 2022

  • Balance Sheet

    Chowgule Steamships Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Goa.

    31 Mar 2022

Frequently asked questions

  • Chowgule Steamships Limited was incorporated on 09 Apr 1963.

  • The authorized share capital of Chowgule Steamships Limited is ₹ 75.00 Cr and paid-up capital is ₹ 36.31 Cr.

  • Currently 8 directors are associated with Chowgule Steamships Limited.

    • Mangesh Sitaram Sawant
    • Vijay Vishwasrao Chowgule
    • Ramesh Chowgule Laxmanrao
    • Rohini Vishwasrao Chowgule
    • Amit Khandelwal
    • Deepak Balkrishna Jadhav
    • Rinky Devi Amarjeet Gupta
    • Vikram Sudhakar Deshpande
  • As per Ministry of Corporate Affairs (Mca), the registered address of Chowgule Steamships Limited is Gabmar Appts F. No. 503 India, Mormugao, Goa, 403802.

  • The corporate identification number (CIN) of Chowgule Steamships Limited is L63090GA1963PLC000002 and the company number is 000002 as per Ministry of Corporate Affairs (MCA).

  • Yes, Chowgule Steamships Limited is registered on Bombay Stock Exchange (BSE).

  • The Official website of Chowgule Steamships Limited is https://www.chowgulesteamships.co.in

  • According to the financial reports for the fiscal year 2022, the revenue trend for Chowgule Steamships Limited has fallen by -43.91%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Chowgule Steamships Limited has experienced an downturn of -72.44%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Chowgule Steamships Limited amount to ₹ 109.52 Cr.

  • The most recent Balance Sheet for Chowgule Steamships Limited was filed with the ROC on 31 Mar 2022.

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