About Gujarat Pipavav Port Limited

Gujarat Pipavav Port Limited operates the all-weather port at Pipavav in the Saurashtra region of Gujarat. Incorporated on August 5, 1992, the company was set up to construct, operate and maintain the port, which is designed to handle containers, dry bulk, liquid cargo and RoRo, along with marine services, material handling and storage operations. It runs the port under a 30-year Concession Agreement dated September 30, 1998 with the Government of Gujarat and the Gujarat Maritime Board on a BOOT basis. In 2005, the AP Moller-Maersk group, along with financial investors, acquired the original promoters’ stake and became the key promoter under the Concession. The company’s shares were listed following an IPO, with listing on BSE and NSE on September 9, 2010.

The company’s footprint includes one port installation and six offices across India; it serves customers across 8 States and 1 Union Territory, with no international operations disclosed in the latest year. It is engaged in transport and storage services and reports its main product/service as cargo handling incidental to water transport. The company has 0 subsidiaries.

Key operational highlights for the year ended March 31, 2025: Containers handled were 6,94,899 TEUs; RoRo exports reached 1,64,977 cars; Dry Bulk cargo handled was 2.21 Million MT; and Liquid cargo handled was 1.46 Million MT.

Gujarat Pipavav Port Limited’s Business Segments

• Port Services (cargo handling incidental to water transport): 100% of turnover.
• Domestic vs. International: International markets served were Nil and there were no direct export revenues reported for the year.

Gujarat Pipavav Port Limited Key Management

• Samir Chaturvedi – Chairperson of the Board (from May 23, 2024)
• Girish Aggarwal – Managing Director
• Santosh Breed – Chief Financial Officer
• Manish Agnihotri – Company Secretary

Latest Updates on Gujarat Pipavav Port Limited

• Capital Expenditure for New Liquid Berth: The Board has approved capital expenditure for a new Liquid Berth. Statutory and regulatory approvals are in progress; commissioning is likely by December 2026 due to approval timelines.
• Existing Liquid Berth Upgrade and Rail Evacuation: The existing Liquid berth has been upgraded to handle partially loaded VLGCs, and improved rail evacuation has supported increased LPG volume through the port.
• Rail Yard and Stackyard Infrastructure Upgrades: The rail yard infrastructure was upgraded with an additional siding, enabling handling of two trains simultaneously; the company had earlier commissioned 42,000 sq. m of open stackyard to support RoRo growth.
• Cargo Handling Performance: Coal handling has been temporarily suspended for operational reasons, while dry bulk volumes were lower due to reduced fertiliser imports; LPG-led liquid cargo increased in the year.
• Recognition as a Great Place to Work: The company was certified a Great Place to Work for the seventh consecutive year, reflecting sustained employee engagement scores.
• Business Continuity Planning: As part of business continuity planning for weather-related disruptions, a captive genset facility is being set up to cater to port’s power requirements.