Varun Shipping Company Ltd

NSE : VARUNSHIP

BSE: 500465

SECTOR : SHIPPING

This stock is currently suspended from BSE

52w high/low	₹9.85 / ₹0
P/E ratio	0
Dividend	0
ROE	-693.49
ROCE	-42.82
Face value	10
Book value	₹6.11Cr
Market capital	₹146.41Cr

Shareholding pattern

What is shareholding pattern? Who are shareholders?

Shareholding pattern represents the percentage of share ownership that different investors are holding in the company. A company can have multiple investors who invest in its shares. These are called as shareholders and there are two major categories of shareholders - promoters and public shareholders.

Promoters are typically the founders and public shareholders could be financial institutes like banks, insurance companies, domestic institutional investors, foreign institutional investors and common public.

Cash flow

What is a cash flow statement?

It is a financial statement that offers aggregate statistics on all cash inflows a business collects from its continuing activities and external sources of investment. It also includes all cash outflows over a specified time paying for company operations and investments.The main components of the CFS are cash from three areas: operating, investing, and financing activities...Read more

Balance Sheet

What is a balance sheet?

A balance sheet is a financial statement that records the assets, liabilities, and equity of a company at a certain point in time and provides a basis for estimating return rates and determining the capital structure. It offers a snapshot of what an entity owns and owes, as well as the sum that shareholders spend.The balance sheet complies with the following accounting equation in which assets on the one side, and liabilities plus shareholders' equity on the other, balance out:

Assets = Liabilities + Shareholder's Equity

This is used to conduct fundamental analysis or the estimation of financial ratios alongside other essential financial statements, such as income statement and statement of cash flows...Read more

Profit and loss

What is a profit and loss statement?

A profit and loss statement is a financial statement that represents the revenues, costs and expenses that the company has incurred during a quater or a fiscal year. It is also sometimes referred to as statement of profit and loss, income statement or statement of operations. This statement basically shows the investors and management whether the company has incurred profits or losses and in which areas.

Key Ratios

P/B

1.6

ROE

-693.49

ROCE

-42.82

D/E

11.15

Sector PE

9.12

₹6.11Cr

Peer Comparison

Dividends

What are dividends?

Dividend, in financial terms, means a certain amount shared with shareholders of a company or a mutual fund on a regular basis – monthly, quarterly or annually. Read more

Bonuses

What are bonuses?

A bonus issue is an offer given to the existing shareholders of the company to subscribe for additional shares. Instead of increasing the dividend payout, the companies off... Read more

Company News

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Sector News

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About Varun Shipping Company Ltd

Varun Shipping Company Ltd is a leading Indian private sector shipping company owning and operating vessels in the hydrocarbon sector. The company owns a fleet of 21 vessels, comprising 11 LPG carriers, 3 double hull Aframax crude tankers and 7 Anchor Handling Towing and Supply (AHTS) vessels. The company is able to offer comprehensive transportation and support solutions to their valued customers, across the entire hydrocarbon value chain with their well diversified fleet. The company has one subsidiary, namely VSC International Pte Ltd in Singapore. Varun Shipping Company Ltd was incorporated on January 29, 1971 as private company limited under the name of Varun Shipping Company Pvt Ltd. The company was converted into a public limited company on February 18, 1972 and the name was changed to Varun Shipping Company Ltd. In March 1973, they commenced their shipping business with the acquisition of one product tanker. During the year 1983-84, the company acquired Anchor Handling and Towing Supply Vessels and thus they diversified and entered into support services for oil exploration.