Earnest Shipping And Ship Builders Limited

Trading shares and securities, part of Earnest John Group of Companies.

1974 | Mumbai, Maharashtra (India) | Active
Last Updated: January 13, 2025

Earnest Shipping And Ship Builders Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 1.30 M
  • Company Age 50 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 57.10 Cr
  • Revenue Growth -48.80%
  • Profit Growth 110.99%
  • Ebitda 1088.84%
  • Net Worth 0.10%
  • Total Assets -0.10%

About Earnest Shipping And Ship Builders

Earnest Shipping And Ship Builders Limited (ESASBL) is a leading Public Limited Indian Non-Government Company incorporated in India on 18 April 1974 and has a history of 50 years and nine months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Earnest Shipping And Ship Builders Private Limited. The Company is engaged in the Financial Services Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 2.50 M and a paid-up capital of Rs 1.30 M.

The company has closed loans amounting to ₹57.10 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Christopher Joseph, Earnest John, Dean John, and Two other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    earnestjohn.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U61100MH1974PLC017404

  • Company No.

    017404

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    18 Apr 1974

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Financial Services

Who are the key members and board of directors at Earnest Shipping And Ship Builders?

Board Members (5)

Name Designation Appointment Date Status
Earnest John Country flag representing In Director 27-Sep-1995 Current
Dean John Country flag representing In Whole-Time Director 27-Sep-1998 Current
Christopher Joseph Country flag representing In Director 01-Jun-2012 Current
Doris Lourdes Country flag representing In Whole-Time Director 17-May-1983 Current
Chloris John Country flag representing In Director 01-Jun-2012 Current

Financial Performance of Earnest Shipping And Ship Builders.

Earnest Shipping And Ship Builders Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 48.8% decrease. The company also saw a substantial improvement in profitability, with a 110.99% increase in profit. The company's net worth moved up by a moderate rise of 0.1%.

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
-48.80%
Revenue from Operations
-47.92%
Total Assets
-0.10%
Profit or Loss
110.99%
Net Worth
0.10%
EBITDA
1088.84%

What is the Ownership and Shareholding Structure of Earnest Shipping And Ship Builders?

In 2020, Earnest Shipping And Ship Builders had a promoter holding of 100.00%. The company had 1 Subsidiary and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹571.00 M

Charges Breakdown by Lending Institutions

  • Corproation Bank : 47.85 Cr
  • Corporation Bank : 5.25 Cr
  • Bank Of Madura Ltd. : 4.00 Cr

Latest Charge Details

Date Lender Amount Status
22 Sep 2010 Corproation Bank ₹23.00 Cr Satisfied
20 Jun 2008 Corproation Bank ₹24.85 Cr Satisfied
17 Mar 2003 Corporation Bank ₹4.50 Cr Satisfied
08 Nov 2000 Bank Of Madura Ltd. ₹4.00 Cr Satisfied
16 Feb 1985 Corporation Bank ₹7.50 M Satisfied

How Many Employees Work at Earnest Shipping And Ship Builders?

Unlock and access historical data on people associated with Earnest Shipping And Ship Builders, 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 Earnest Shipping And Ship Builders, 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 Earnest Shipping And Ship Builders'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 Earnest Shipping And Ship Builders

Recent activity within the organization

  • Annual General Meeting

    Earnest Shipping And Ship Builders Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Earnest Shipping And Ship Builders Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Director Appointment

    Christopher John Joseph was appointed as a Director was appointed as a Director on 01 Jun 2012 & has been associated with this company since 12 years 8 months .

    01 Jun 2012

  • Director Appointment

    Chloris Josephine John was appointed as a Director was appointed as a Director on 01 Jun 2012 & has been associated with this company since 12 years 8 months .

    01 Jun 2012

  • Charges

    A charge registered on 22 Sep 2010 via Charge ID 10251209 with Corproation Bank was fully satisfied on 21 Jun 2011.

    21 Jun 2011

  • Charges

    A charge with Corproation Bank amounted to Rs. 230.00 M with Charge ID 10251209 was registered on 22 Sep 2010.

    22 Sep 2010

Frequently asked questions

  • Earnest Shipping And Ship Builders Limited was incorporated on 18 Apr 1974.

  • The authorized share capital of Earnest Shipping And Ship Builders Limited is ₹ 2.50 M and paid-up capital is ₹ 1.30 M.

  • Currently 5 directors are associated with Earnest Shipping And Ship Builders Limited.

    • Christopher John Joseph
    • Earnest Joseph John
    • Dean Christopher John
    • Doris John Lourdes
    • Chloris Josephine John
  • As per Ministry of Corporate Affairs (Mca), the registered address of Earnest Shipping And Ship Builders Limited is Flat No. 107 10Th Floor Earnest House 194 Nariman Point, India, Mumbai, Maharashtra, 400021.

  • The corporate identification number (CIN) of Earnest Shipping And Ship Builders Limited is U61100MH1974PLC017404 and the company number is 017404 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Earnest Shipping And Ship Builders Limited is https://www.earnestjohn.com

  • According to the financial reports for the fiscal year 2020, the revenue trend for Earnest Shipping And Ship Builders Limited has fallen by -48.80%.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Earnest Shipping And Ship Builders Limited has experienced an upsurge of 0.10%.

  • The most recent Balance Sheet for Earnest Shipping And Ship Builders Limited was filed with the ROC on 31 Mar 2024.