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Chowgule Steamships Ltd. (India)

Main Activities: Inland Water Freight Transportation
Full name: Chowgule Steamships Ltd. Profile Updated: November 13, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2024 Available in: English Download a sample report

Chowgule Steamships Ltd, located in Vasco Da Gama, is a company that owns and operates vessels for seaborne transportation of bulk cargoes. It was incorporated in April 1963 with three liberty ships to cater to the transportation needs of iron ore exports. By the early 1980s, the company shifted its focus to international cross trades due to changes in the steel industry. Over the past five decades, Chowgule Steamships Ltd has become a pioneer in the Indian shipping sector. They built the first Indian bulk carrier for an Indian owner, called M.V. Maratha Progress, and converted a dry bulk vessel to create the first Indian phosphoric acid carrier. The company also played a significant role in starting the Indian coastal trade by transporting clinker to split plants in Ratnagiri and Magdalla, which led to the development of minor ports in Gujarat and Maharashtra. For any commercial inquiries, customers can contact the company through their provided contact details.

Legal Address
503, 5th floor,, Gabmar Apartment,
Vasco Da Gama; Goa; Postal Code: 403802

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Website: http://www.chowgulesteamships.co.in

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
1963
Key Executives
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Independent and Non Executive Director
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Independent and Non Executive Director
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Independent and Non Executive Director
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Independent and Non Executive Director
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Independent and Non Executive Director
Ownership Details
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61.74%
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25.04%
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10.39%
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2.78%
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0.03%
Subsidiaries
Blue Ocean LLC
100%
Chowgule Steamships Overseas Ltd
100%
Fairweather LLC
100%
Company Performance
Financial values in the chart are available after Chowgule Steamships Ltd. report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency INR. Absolute financial data is included in the purchased report.
Total operating revenue
165.43%
Operating profit (EBIT)
5571.75%
EBITDA
685.02%
Net Profit (Loss) for the Period
1992.6%
Total assets
21.75%
Total equity
20.67%
Return on Equity (ROE)
16.14%
Debt to Equity Ratio
-0.19%
Quick Ratio
-5.35%
Cash Ratio
0.01%

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