About Varma Marine Private Limited
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Varma Marine Private Limited is a private limited company based in Moglathur, Andhra Pradesh, India. It operates in the fisheries and aquaculture segment of the agriculture sector. It was incorporated on 05 October 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U05000AP2018PTC109453. Its GSTIN is 37AAGCV6256J1ZT (Andhra Pradesh). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹39 Cr and a paid-up capital of ₹38.85 Cr. It is led by directors including Cherukuri Sai Manoj and Siva Rama Raju Cherukuri.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Rs. 361/1 Vempa Raod Mogalthur Village Moglathur Mandal, Andhra Pradesh, India – 534281.
As per the financials filed for FY 2025, the company reported a revenue of ₹184.85 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹3.7 Cr (net margin 2%) and EBITDA of ₹12.3 Cr (EBITDA margin 6.7%).
As per MCA filings, the company has open charges of ₹89.5 Cr on record. Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.
For more details, the company can be reached via its website varmamarine.com.
Company details
Contact details
Varma Marine Private Limited's registered office is in Moglathur, Andhra Pradesh. Its website is varmamarine.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressRs. 361/1 Vempa Raod Mogalthur Village Moglathur Mandal, Andhra Pradesh, India – 534281
- IndustryAgriculture, Fisheries & Aquaculture
To see the full contact details of Varma Marine 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 Varma Marine is agriculture, forestry and fishing. In detail, this covers fishing and aquaculture.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| A | Agriculture, forestry and fishing | 03 | Fishing and aquaculture |
To see the full business activity and turnover split of Varma Marine Private Limited, buy the company report.
Financials of Varma Marine Private Limited
FY 2025 filings availableVarma Marine Private Limited reported revenue of ₹184.85 Cr (up 391% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 391% in the latest year. EBITDA rose 154% 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 |
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| EBITDA | ₹12.3 Cr | ||||
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| Net Profit (PAT) | ₹3.7 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 6.7% | ||||
| Net Profit Margin | 2% | ||||
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To see the full financial statements and ratios of Varma Marine Private Limited, buy the company report.
Board of directors of Varma Marine Private Limited
Varma Marine has 6 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Cherukuri Sai Manoj Also directs: Mantri Greenfield Biotech Private Limited | Director | 14 Nov 2023 | 2 Years 11 Months | Current |
| Siva Rama Raju Cherukuri | Director | 14 Nov 2023 | 2 Years 11 Months | Current |
| Annapurna Cherukuri | Director | 14 Nov 2023 | 2 Years 11 Months | Current |
| Kalidindi Soumya | Director | 14 Nov 2023 | 2 Years 11 Months | Current |
| Cherukuri Venkateswara Varma | Director | 05 Oct 2018 | 8 Years 0 Months | Current |
| Varma Cherukuri | Director | 05 Oct 2018 | 8 Years 0 Months | Current |
Auditor
Varma Marine Private Limited is audited by BLR & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BLR & ASSOCIATES | FY 2022 | 021193S |
Shareholding
The shareholding of Varma Marine Private Limited is on record for 3 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Varma Marine Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Jan 2024 | 100862257 | State Bank of India | ₹89.5 Cr | Open |
To see the full charge records of Varma Marine Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Varma Marine Private Limited has 1 court case on record: 1 filed against it. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court for State of Telangana | Writ petition | Filed against the company | Pending |
To see the full case history of Varma Marine Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Varma Marine Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Varma Marine has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AAGCV6256J1ZT | Andhra Pradesh | Active | 25 May 2019 |
| 32AAGCV6256J1Z3 | Kerala | Active | 14 Mar 2024 |
To see the full GST registrations and return filing status of Varma Marine Private Limited, buy the company report.
Recent activity
Varma Marine Private Limited has 10 board changes on record since 2018: 6 appointments and 4 cessations. The latest: Annapurna Cherukuri ceased to be Additional Director on 29 Sep 2024.
3 earlier events are in the company report.
Frequently asked questions
Varma Marine is an active private limited company based in Moglathur, Andhra Pradesh, India. The company works in fisheries and aquaculture, within the agriculture industry. It was incorporated on 05 October 2018 (8+ years old) and is registered under CIN U05000AP2018PTC109453.
Varma Marine has 6 current directors:
- Cherukuri Sai Manoj - Director
- Siva Rama Raju Cherukuri - Director
- Annapurna Cherukuri - Director
- Kalidindi Soumya - Director
- Cherukuri Venkateswara Varma - Director
- Varma Cherukuri - Director
The latest financial statements of Varma Marine on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Varma Marine is 37AAGCV6256J1ZT, registered in Andhra Pradesh. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 32AAGCV6256J1Z3 (Kerala).
The CIN (Corporate Identification Number) of Varma Marine is U05000AP2018PTC109453. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Varma Marine has 1 court case on record: 1 filed against it. 1 is pending.
Varma Marine was incorporated on 05 October 2018, making it 8+ years old. It is registered with the Registrar of Companies, Vijayawada.
Annapurna Cherukuri ceased to be Additional Director on 29 Sep 2024. Cherukuri Sai Manoj ceased to be Additional Director on 29 Sep 2024. Kalidindi Soumya ceased to be Additional Director on 29 Sep 2024. Varma Marine has 10 board changes on record in total.
Varma Marine can be reached through the website varmamarine.com. Its registered office is in Moglathur, Andhra Pradesh, India.
The registered office of Varma Marine is at Rs. 3611 Vempa Raod Mogalthur Village Moglathur Mandal, Andhra Pradesh, India – 534281.