Marinetrans India Ltd.
NNSE:MARINETRAN13.15
INR
-0.65
(-4.71%)
ISIN
INE0P1P01017
Return %
Stock
S&P 500
1Y
-14.61
13.14
3Y
- -
80.78
5Y
- -
67.74
Capital Structure
INR
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
INR
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in mil. unless spec.Quarterly Revenue
INR
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
INR
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in mil. unless spec.Company Description
- CEO
- Tirajkumar Babu Kotian
- Full Time Employees
- 54
- Sector
- Transportation
- Industry
- Other transportation
- Address
- 801/802, 8th Floor, Vindhya Commercial Complex, Plot No. 1, Sector 11, CBD Belapur Navi Mumbai MH India 400614
- IPO Date
- Dec 11, 2023
- Website
- marinetrans.in
- Similar Companies
- Business
- Marinetrans India Ltd (MARINETRAN.NS) operates as an international freight forwarding company specializing in sea and air freight services, non-vessel operating common carrier (NVOCC) operations, and sea freight booking within the shipping and logistics industry. The company provides a comprehensive suite of logistics solutions, including freight forwarding (sea and air), multimodal transportation, project cargo handling, third-party logistics (3PL), custom clearance services (outsourced to CHA forwarders), door-to-door delivery, cargo handling, warehousing, packaging, loading/unloading, stuffing, and surface transportation for general, heavy, and over-dimensional consignments; it primarily serves as an intermediary between customers and shipping lines, coordinating sales bookings, transport to docks, documentation, and delivery without direct port operations. Marinetrans India caters to diverse industries with end-to-end supply chain management, targeting exporters, importers, and businesses requiring global cargo movement, and operates through key Indian ports such as JNPT Nhava Sheva, Mundra, Kandla, Chennai, and Vizag, with capability to handle cargo from any location in India to worldwide destinations. Founded in 2004 and headquartered at 801/802, 8th Floor, Vindhya Commercial Complex, Plot No. 1, Sector 11, CBD Belapur, Navi Mumbai, Maharashtra, India, the company converted from a private limited entity (Marinetrans India Private Limited) to a public limited company in May 2023 via a fresh certificate of incorporation, enabling its listing on the NSE SME platform. It relies on third-party providers for transportation, customs clearance, and delivery, with an internal customer service and dispatch team managing CHA forwarder appointments. In recent developments, Marinetrans India reported consolidated net sales of INR 145 crore for the trailing twelve months as of late 2025, with half-yearly operating profits remaining stable at around 1% margins amid increased debtor and working capital days; the company clarified SEBI queries on FY24 financials in June 2025, confirming full utilization of IPO proceeds. While specific acquisitions or partnerships for the Indian subsidiary are not detailed in recent disclosures, the broader Marinetrans brand (distinct global entity) announced strategic moves including the acquisition of Door To Deck Global Marine Logistics (D2D) in Cyprus and Greece in early 2024 to expand Mediterranean presence, a partnership forming a marine logistics powerhouse with Ship Spares Logistics and Global Transport Solutions in the Netherlands, and its parent GTS Group being acquired by AIT Worldwide Logistics in 2024; Marinetrans India continues to focus on organic growth in freight volumes, with standalone sales reaching INR 158 crore in FY25.