Indian Company Master Data Made Simple
Garware Marine Industries Limited
Founded in 1975, Garware Marine Industries Limited has been operating for more than 50 years. Garware Marine Industries Limited is registered with CIN L12235MH1975PLC018481 (reg. no. 18481). It falls under the category of company limited by shares. Authorized capital of the company is recorded at ₹10.00 crore. It has a paid-up capital totaling ₹5.77 crore.
Its core business comprises mining of uranium and thorium ores. It is registered in Mumbai. The company’s incorporation address is 03rd Floor, Prospect Chambers, D.n. Road, Fort, Bazargate, Mumbai, Mumbai, Maharashtra, India, 400001. The entity is active and conducting operations. Garware Marine Industries Limited holds PAN AAACG4389D. Its primary communication email is [email protected]. Key executives of the company are: Vipulata Sandeep Tandel (CFO).
Company Overview
- CIN
- Date of Incorporation
- 08/08/1975
- Company Status
- Active
- RoC
- Mumbai
- Registration Number
- Balance sheet date
- 31/03/2024
- Company Category
- Company limited by shares
- Company Sub Category
- Non-government company
- Listed in Stock Exchange
- Yes
- Class of Company
- Public Limited Company
- LEI Number
- Authorized Capital
- ₹10,00,00,000.00
- Paid up Capital
- ₹5,76,61,840.00
- Activity
- MINING OF URANIUM AND THORIUM ORES
- [email protected]
- PAN
Balance Sheet
| Metric | 31/03/2025 | 31/03/2024 | 31/03/2023 | 31/03/2022 | 31/03/2021 |
|---|---|---|---|---|---|
| Total Non Current Liabilities Net Minority Interest | ₹84.98L | ₹3.69L | ₹0.00L | ₹8.41L | ₹0.00L |
| Accumulated Depreciation | -₹32.15L | -₹31.96L | -₹31.71L | -₹31.46L | ₹0.00L |
| Total Liabilities Net Minority Interest | ₹121.74L | ₹43.93L | ₹31.17L | ₹29.30L | ₹0.00L |
| Tangible Book Value | ₹1,795.47L | ₹1,104.75L | ₹791.08L | ₹1,118.80L | ₹0.00L |
| Machinery Furniture Equipment | ₹34.18L | ₹33.43L | ₹33.43L | ₹33.43L | ₹0.00L |
| Total Assets | ₹1,917.22L | ₹1,148.69L | ₹822.26L | ₹1,148.11L | ₹0.00L |
| Total Equity Gross Minority Interest | ₹1,795.48L | ₹1,104.76L | ₹791.09L | ₹1,118.81L | ₹0.00L |
| Gross PPE | ₹34.18L | ₹33.43L | ₹33.43L | ₹33.43L | ₹0.00L |
| Total Capitalization | ₹1,795.48L | ₹1,104.76L | ₹791.09L | ₹1,118.81L | ₹0.00L |
| Common Stock | ₹576.62L | ₹576.62L | ₹576.62L | ₹576.62L | ₹0.00L |
| Goodwill And Other Intangible Assets | ₹0.01L | ₹0.01L | ₹0.01L | ₹0.01L | ₹0.00L |
| Other Equity Interest | ₹1,218.86L | ₹528.14L | ₹214.47L | ₹542.19L | ₹0.00L |
| Capital Stock | ₹576.62L | ₹576.62L | ₹576.62L | ₹576.62L | ₹0.00L |
| Additional Paid In Capital | ₹336.08L | ₹336.08L | ₹336.08L | ₹336.08L | ₹0.00L |
| Total Non Current Assets | ₹1,411.27L | ₹681.26L | ₹321.11L | ₹666.74L | ₹0.00L |
| Invested Capital | ₹1,795.48L | ₹1,104.76L | ₹791.09L | ₹1,118.81L | ₹0.00L |
| Cash Cash Equivalents And Short Term Investments | ₹2.88L | ₹3.57L | ₹6.17L | ₹14.46L | ₹0.00L |
| Net Tangible Assets | ₹1,795.47L | ₹1,104.75L | ₹791.08L | ₹1,118.80L | ₹0.00L |
| Cash And Cash Equivalents | ₹2.88L | ₹3.57L | ₹6.17L | ₹14.46L | ₹0.00L |
| Stockholders Equity | ₹1,795.48L | ₹1,104.76L | ₹791.09L | ₹1,118.81L | ₹0.00L |
| Share Issued | ₹57.66L | ₹57.66L | ₹57.66L | ₹57.66L | ₹0.00L |
| Current Assets | ₹505.95L | ₹467.43L | ₹501.15L | ₹481.37L | ₹0.00L |
| Working Capital | ₹469.19L | ₹427.19L | ₹469.98L | ₹460.48L | ₹0.00L |
| Ordinary Shares Number | ₹57.66L | ₹57.66L | ₹57.66L | ₹57.66L | ₹0.00L |
| Current Liabilities | ₹36.76L | ₹40.24L | ₹31.17L | ₹20.89L | ₹0.00L |
| Net PPE | ₹2.03L | ₹1.47L | ₹1.72L | ₹1.97L | ₹0.00L |
| Retained Earnings | -₹380.40L | -₹423.54L | -₹416.73L | -₹428.31L | ₹0.00L |
| Other Non Current Assets | ₹35.24L | ₹4.04L | ₹5.04L | ₹3.44L | ₹0.00L |
| Common Stock Equity | ₹1,795.48L | ₹1,104.76L | ₹791.09L | ₹1,118.81L | ₹0.00L |
| Other Intangible Assets | ₹0.01L | ₹0.01L | ₹0.01L | ₹0.01L | ₹0.00L |
Cash Flow
| Metric | 31/03/2025 | 31/03/2024 | 31/03/2023 | 31/03/2022 |
|---|---|---|---|---|
| Changes In Cash | -₹0.69L | -₹2.60L | -₹8.29L | -₹40.88L |
| Financing Cash Flow | -₹0.03L | -₹0.38L | -₹0.12L | -₹50.35L |
| Investing Cash Flow | -₹0.75L | ₹0.00L | ₹0.10L | -₹0.19L |
| Free Cash Flow | -₹0.66L | -₹2.22L | -₹8.27L | ₹8.91L |
| End Cash Position | ₹2.88L | ₹3.57L | ₹6.17L | ₹14.46L |
| Capital Expenditure | -₹0.75L | ₹0.00L | ₹0.00L | -₹0.75L |
| Beginning Cash Position | ₹3.57L | ₹6.17L | ₹14.46L | ₹55.34L |
| Operating Cash Flow | ₹0.09L | -₹2.22L | -₹8.27L | ₹9.66L |
Income Statement
| Metric | 31/03/2025 | 31/03/2024 | 31/03/2023 | 31/03/2022 |
|---|---|---|---|---|
| Rent Expense Supplemental | ₹2.40L | ₹3.50L | ₹5.69L | ₹5.44L |
| Net Income Discontinuous Operations | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Net Income From Continuing Operation Net Minority Interest | ₹43.14L | -₹6.81L | ₹11.58L | ₹1.43L |
| EBITDA | ₹43.67L | -₹6.18L | ₹11.98L | ₹2.02L |
| Basic EPS | ₹0.00L | -₹0.00L | ₹0.00L | ₹0.00L |
| Total Unusual Items | -₹6.10L | ₹0.00L | -₹15.49L | -₹55.71L |
| Total Expenses | ₹70.84L | ₹77.64L | ₹95.31L | ₹101.26L |
| Operating Revenue | ₹120.18L | ₹66.17L | ₹122.43L | ₹158.36L |
| Tax Effect Of Unusual Items | -₹0.04L | ₹0.00L | -₹0.04L | -₹4.97L |
| Total Unusual Items Excluding Goodwill | -₹6.10L | ₹0.00L | -₹15.49L | -₹55.71L |
| Interest Income Non Operating | ₹0.24L | ₹0.00L | ₹0.10L | ₹0.56L |
| Interest Expense Non Operating | ₹0.03L | ₹0.38L | ₹0.12L | ₹0.38L |
| Interest Income | ₹0.24L | ₹0.00L | ₹0.10L | ₹0.56L |
| Net Income From Continuing And Discontinued Operation | ₹43.14L | -₹6.81L | ₹11.58L | ₹1.43L |
| General And Administrative Expense | ₹23.08L | ₹20.94L | ₹21.92L | ₹22.60L |
| Reconciled Depreciation | ₹0.19L | ₹0.25L | ₹0.25L | ₹0.07L |
| Net Income Continuous Operations | ₹43.14L | -₹6.81L | ₹11.58L | ₹1.43L |
| Reconciled Cost Of Revenue | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Net Income | ₹43.14L | -₹6.81L | ₹11.58L | ₹1.43L |
| Operating Income | ₹49.34L | -₹11.47L | ₹27.12L | ₹57.10L |
| Diluted Average Shares | ₹57.66L | ₹57.66L | ₹57.66L | ₹57.66L |
| Selling And Marketing Expense | ₹0.85L | ₹0.60L | ₹0.50L | ₹0.61L |
| Normalized Income | ₹49.20L | -₹6.81L | ₹27.03L | ₹52.17L |
| Net Non Operating Interest Income Expense | ₹0.21L | -₹0.38L | -₹0.02L | ₹0.18L |
| Gross Profit | ₹120.18L | ₹66.17L | ₹122.43L | ₹158.36L |
| EBIT | ₹43.48L | -₹6.43L | ₹11.73L | ₹1.95L |
| Diluted NIAvailto Com Stockholders | ₹43.14L | -₹6.81L | ₹11.58L | ₹1.43L |
| Cost Of Revenue | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Net Interest Income | ₹0.21L | -₹0.38L | -₹0.02L | ₹0.18L |
| Operating Expense | ₹70.84L | ₹77.64L | ₹95.31L | ₹101.26L |
| Normalized EBITDA | ₹49.77L | -₹6.18L | ₹27.47L | ₹57.73L |
| Net Income Common Stockholders | ₹43.14L | -₹6.81L | ₹11.58L | ₹1.43L |
| Pretax Income | ₹43.45L | -₹6.81L | ₹11.61L | ₹1.57L |
| Tax Rate For Calcs | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Selling General And Administration | ₹23.93L | ₹21.54L | ₹22.42L | ₹23.21L |
| Total Revenue | ₹120.18L | ₹66.17L | ₹122.43L | ₹158.36L |
| Other Operating Expenses | ₹6.96L | ₹8.91L | ₹9.15L | ₹9.61L |
| Diluted EPS | ₹0.00L | -₹0.00L | ₹0.00L | ₹0.00L |
| Interest Expense | ₹0.03L | ₹0.38L | ₹0.12L | ₹0.38L |
| Basic Average Shares | ₹57.66L | ₹57.66L | ₹57.66L | ₹57.66L |
| Net Income Including Noncontrolling Interests | ₹43.14L | -₹6.81L | ₹11.58L | ₹1.43L |
| Tax Provision | ₹0.31L | ₹0.00L | ₹0.03L | ₹0.14L |
| Otherunder Preferred Stock Dividend | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
Directors
| Appointment | Director name | DIN | Designation | |
|---|---|---|---|---|
| 24/05/1993 | Aditya Ashok Garware | 00019816 | Director | View other directorships |
| 31/10/2010 | Shyamsunder Vasudev Atre | 01893024 | Whole-time director | View other directorships |
| 05/11/2014 | Shefali Sanjeev Bajaj | 00149511 | Director | View other directorships |
| 20/08/2015 | Pallavi Prakash Shedge | *****5300M | Company Secretary | |
| 15/10/2015 | Sanjay Vikram Chinai | 00245418 | Director | View other directorships |
| 26/11/2016 | Vikas Daulat Sadarangani | 07657018 | Director | View other directorships |
| 01/02/2017 | Vipulata Sandeep Tandel | *****4831D | CFO | |
| 27/03/2024 | Piyush Patel | 09655113 | Director | View other directorships |
Latest Documents
| Date | Title | Size |
|---|---|---|
| 01/12/2024 | Form MGT-7-28112024 | - |
| 07/11/2024 | Form AOC-4(XBRL)-24102024 | - |
Address
Frequently Asked Questions
The current board member of Garware Marine Industries Limited are:
- Sanjay Vikram Chinai
- Sanjay Vikram Chinai
- Vikas Daulat Sadarangani
- Shefali Sanjeev Bajaj
- Shyamsunder Vasudev Atre
- Aditya Ashok Garware
- Piyush Patel