Varada Ship Management Private Limited
About Varada Ship Management Private Limited
Data last updated:
Varada Ship Management Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the shipbroking and shipping agency services segment of the transport and logistics sector. It was incorporated on 21 January 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2019PTC319931. Its GSTIN is 27AAGCV7695B1ZY (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Deepak Kumar Verma and Kunal Kumar.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Thane, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.76 Cr, a decline of 83% compared to the previous year. For the same year it recorded a net loss of ₹5.99 Lakh (net margin -2.2%) and EBITDA of -₹5.99 Lakh (EBITDA margin -2.2%). Revenue has grown at a compounded annual rate (CAGR) of 201% over three years and 24% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Varada Ship Management Private Limited's registered office is in Thane, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressOffice No.27 1st Floor Sai Chamber, Plot No. 44 Sector No. 11 CBD Belapur Navi Mumbai, Thane, Maharashtra, India – 400614
- IndustryTransport and Logistics, Shipbroking & Shipping Agency Services
To see the full contact details of Varada Ship Management Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Varada Ship Management is support service to organizations. In detail, this covers other support services to organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Varada Ship Management Private Limited, buy the company report.
Financials of Varada Ship Management Private Limited
FY 2024 filings availableVarada Ship Management Private Limited reported revenue of ₹2.76 Cr (down 83% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 83% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 24%. EBITDA fell 129% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹5.99 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹5.99 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -2.2% | ||||
| Net Profit Margin | -2.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Varada Ship Management Private Limited, buy the company report.
Board of directors of Varada Ship Management Private Limited
Varada Ship Management has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Deepak Kumar Verma Also directs: Gathi Foods LLP, Girik Register of Shipping LLP, Girik Food and Beverage Services Private Limited and 3 more | Director | 23 Aug 2024 | 2 Years 2 Months | Current |
| Kunal Kumar Also directs: Girik Register of Shipping LLP, Girik Food and Beverage Services Private Limited, Girik Shipping Private Limited and 2 more | Director | 23 Aug 2024 | 2 Years 2 Months | Current |
Auditor
Varada Ship Management Private Limited is audited by SINYAL & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SINYAL & CO. | FY 2023 | 155772 |
Shareholding
The shareholding of Varada Ship Management Private Limited is on record for 4 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Varada Ship Management Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Varada Ship Management Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Varada Ship Management Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Varada Ship Management has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCV7695B1ZY | Maharashtra | Active | 06 Sep 2023 |
To see the full GST registrations and return filing status of Varada Ship Management Private Limited, buy the company report.
Recent activity
Varada Ship Management Private Limited has 6 board changes on record since 2023: 2 appointments and 4 cessations. The latest: Gouranga Sahu ceased to be Additional Director on 27 Aug 2024.
Frequently asked questions
Varada Ship Management is an active private limited company based in Thane, Maharashtra, India. The company works in shipbroking and shipping agency services, within the transport and logistics industry. It was incorporated on 21 January 2019 (7+ years old) and is registered under CIN U74999MH2019PTC319931.
Varada Ship Management has 2 current directors:
- Deepak Kumar Verma - Director
- Kunal Kumar - Director
The latest financial statements of Varada Ship Management on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Varada Ship Management is 27AAGCV7695B1ZY, registered in Maharashtra.
The CIN (Corporate Identification Number) of Varada Ship Management is U74999MH2019PTC319931. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Varada Ship Management was incorporated on 21 January 2019, making it 7+ years old. It is registered with the Registrar of Companies, Mumbai.
Gouranga Sahu ceased to be Additional Director on 27 Aug 2024. Ramesh Vishnu Godam ceased to be Additional Director on 27 Aug 2024. Deepak Kumar Verma was appointed as Director on 23 Aug 2024. Varada Ship Management has 6 board changes on record in total.
The registered office of Varada Ship Management is at Office No.27 1st Floor Sai Chamber, Plot No. 44 Sector No. 11 CBD Belapur Navi Mumbai, Thane, Maharashtra, India – 400614.
Varada Ship Management operates in the transport and logistics industry, in the shipbroking and shipping agency services segment.
The compliance status of Varada Ship Management is compliant as of 19 July 2026. The company is actively filing with the Registrar of Companies.