Varren Maritime Academy Foundation

Varren Maritime Academy Foundation - education in Thane, Maharashtra, India. FY 2026 financials & compliance.
CIN U74999MH2018NPL308071 Incorporated 16 April 2018 ROC Mumbai HQ Thane, Maharashtra, India
Active Private Not For Profit Company education
Data last updated
Revenue · FY 2022
₹1.1 Cr
▲ 50% YoY
Net loss · FY 2022
₹5.08 Lakh
Net margin -4.6%
EBITDA · FY 2022
₹71,169
EBITDA margin 0.6%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
8 yrs
Est. 2018
Directors on board
3
As per MCA filings
Last financials
Mar 2025
Balance sheet date

About Varren Maritime Academy Foundation

Data last updated:

Varren Maritime Academy Foundation is a private not for profit company based in Thane, Maharashtra, India. It operates in the corporate training and development segment of the education sector. It was incorporated on 16 April 2018 and has been in existence for over 8 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2018NPL308071.

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Vikesh Premnath Upadhyay and Sunny Kumar Prem Nath Upadhaya.

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 Sector 19, Thane, Maharashtra.

As per the financials filed for FY 2022, the company reported a revenue of ₹1.1 Cr, a growth of 50% compared to the previous year. For the same year it recorded a net loss of ₹5.08 Lakh (net margin -4.6%) and EBITDA of ₹71,169 (EBITDA margin 0.6%). Revenue has grown at a compounded annual rate (CAGR) of 73% over three years.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website varrenmaritimeacademy.com.

Company details

CIN U74999MH2018NPL308071
Registration Number 308071
Incorporation Date 16 April 2018
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant

Contact details

Varren Maritime Academy Foundation's registered office is in Thane, Maharashtra. Its website is varrenmaritimeacademy.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    Office No. 905 & 906 9th Floor Plot Number 2, Sector 19 D Ambience Court Vashi Navi Mumbai, Thane, Maharashtra, India – 400703
  • Industry
    Education, Corporate Training & Development

To see the full contact details of Varren Maritime Academy Foundation, buy the company report.

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  • Legal cases, compliance and MCA filings
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Financials of Varren Maritime Academy Foundation

FY 2025 filings available

Varren Maritime Academy Foundation reported revenue of ₹1.1 Cr (up 50% YoY) for FY 2022.

Revenue · FY 2022
₹1.1 Cr ▲ 50%
Net loss · FY 2022
₹5.08 Lakh margin -4.6%
EBITDA · FY 2022
₹71,169 margin 0.6%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 50%
3 years · compounded
▲ 73%
EBITDA CAGR growth
1 year
▼ 88%
3 years · compounded
▲ 155%

Revenue has grown at a compounded annual rate (CAGR) of 73% over three years, including 50% growth in the latest year. EBITDA fell 88% 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

MetricsFY 2021-22FY 2020-21FY 2019-20FY 2018-19
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₹71,169
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹5.08 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

MetricsFY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin0.6%
Net Profit Margin-4.6%
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 Varren Maritime Academy Foundation, buy the company report.

Board of directors of Varren Maritime Academy Foundation

Varren Maritime Academy Foundation has 3 directors on record. No former directors are listed.

Current Directors

Auditor

Varren Maritime Academy Foundation is audited by DEEPAK KUMAR & CO for the financial year 2020.

Auditor firmFinancial yearFirm registration number
DEEPAK KUMAR & COFY 2020024751N

Shareholding

The shareholding of Varren Maritime Academy Foundation is on record for FY 2020, split between promoters, domestic institutions, public shareholders and others.

Shareholder categoryFY 2020
Promoters
Domestic institutional investors (DII)
Public
Others

To see the full shareholding pattern of Varren Maritime Academy Foundation, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Varren Maritime Academy Foundation; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

No GST registration is on our record for Varren Maritime Academy Foundation; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Varren Maritime Academy Foundation has 3 board changes on record since 2018: 3 appointments. The latest: Vikram Rajendra Vijan was appointed as Additional Director on 26 Nov 2025.

Appointed
Vikram Rajendra Vijan was appointed as Additional Director.
AGM
Varren Maritime Academy Foundation last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Varren Maritime Academy Foundation has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Appointed
Sunny Kumar Prem Nath Upadhaya was appointed as Director.
Appointed
Vikesh Premnath Upadhyay was appointed as Director.
Incorporation
16 Apr 2018
Varren Maritime Academy Foundation was registered on 16 Apr 2018 with Roc Mumbai & aged 8 years 6 months as per MCA records.

Frequently asked questions

Varren Maritime Academy Foundation is an active private not for profit company based in Thane, Maharashtra, India. The company works in corporate training and development, within the education industry. It was incorporated on 16 April 2018 (8+ years old) and is registered under CIN U74999MH2018NPL308071.

Varren Maritime Academy Foundation has 3 current directors:

The latest financial statements of Varren Maritime Academy Foundation 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 CIN (Corporate Identification Number) of Varren Maritime Academy Foundation is U74999MH2018NPL308071. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Varren Maritime Academy Foundation was incorporated on 16 April 2018, making it 8+ years old. It is registered with the Registrar of Companies, Mumbai.

Vikram Rajendra Vijan was appointed as Additional Director on 26 Nov 2025. Sunny Kumar Prem Nath Upadhaya was appointed as Director on 16 Apr 2018. Vikesh Premnath Upadhyay was appointed as Director on 16 Apr 2018.

Varren Maritime Academy Foundation can be reached through the website varrenmaritimeacademy.com. Its registered office is in Thane, Maharashtra, India.

The registered office of Varren Maritime Academy Foundation is at Office No. 905 & 906 9th Floor Plot Number 2, Sector 19 D Ambience Court Vashi Navi Mumbai, Thane, Maharashtra, India – 400703.

Varren Maritime Academy Foundation operates in the education industry, in the corporate training and development segment.

The compliance status of Varren Maritime Academy Foundation is compliant as of 25 August 2026. The company is actively filing with the Registrar of Companies.