Varvee Global Ltd.

•

aarveedenims.comBSE: 514274NSE: VGL

Market Cap₹ 346 Cr.

Current Price

High / Low₹ 92 / 44

Stock P/E—

Book Value—

Price to Book—

Dividend Yield0.00 %

ROCE-0.4 %

ROE-16.6 %

Face Value₹ 5

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ABOUT

KEY POINTS

Revenue Breakup Mar 2020 • Textile: 96.0% • Wind mill: 4.0%

AI Sector View

AI GENERATED

Textiles

Hold

This sector relies on indirect export proxies rather than direct textile production data. Exports of goods rose 15.0% YoY (2026-06), the currency is weak at 95.23 (Sep/26), and export prices are 163.50, all of which can help exporters, though terms of trade at 102.30 are below the prior 114 in the snapshot context. FPI flows are modestly positive at INR 256 crore over 3 months to 2026-08-31, so the stance is mildly constructive but confidence is capped due to proxy reliance.

Confidence

50%

View full sector analysis →

PROS

Company generates healthy free cash flow

CONS

Company is loss-making at the operating / net level
Company has a high debt-to-equity of 1.81x
Company has a low return on equity of -4.7% over last 3 years
Company has a low return on capital employed of 4.9%
Poor cash conversion - profits are not backed by operating cash flow (CFO/PAT -4.34x)
Interest coverage is weak at -0.0x - earnings barely cover interest

* The pros and cons are machine generated based on quantitative rules.

Peer comparison

TextilesTextileTextile - Weaving

Part ofNIFTY 50 NIFTY 500 NIFTY LARGEMIDCAP 250 NIFTY 100 NIFTY 200

S.No.	Name
1.	SIYSIL	534.15	10.21	2423.44	3.00	11.01	137.31	445.66	14.42	20.46	4.05
2.	UNITEDPOLY	43.39	36.46	995.87	0.00	7.82	31.87	179.85	23.03	15.11	6.90
3.	VTMLTD	48.86	57.63	491.38	0.00	19.32	319.54	984.04	1266.97	4.55	5.92
4.	MANOMAY	233.75	20.94	421.89	0.00	4.95	11.28	197.51	20.48	12.74	10.01
5.	VGL	67.12	0.00	345.86	0.00	78.81	—	1179.33	—	21.49	14.91
6.	JASCHIND	290.15	8.76	197.24	0.00	5.07	-4.97	59.32	-3.79	19.22	11.43
7.	BSL	121.00	34.29	124.54	0.00	1.72	266.38	169.72	7.41	6.01	8.42
8.	KGDENIM	13.69	3.10	35.10	0.00	8.44	359.69	4.86	-64.71	-7.29	-86.21

Detailed Comparison with:

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2020
	1,179
	1,244
Operating Profit	-65
OPM %	-5.48%
	3
Interest	144
Depreciation	96
Profit before Tax	-61
Tax %	228.40%
Net Profit	79
	3.36

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2018	Mar 2019	Mar 2020
	827	752	565
	747	669	531
Operating Profit	80	82	34
OPM %	9.70%	10.94%	6.03%
	3	3	2
Interest	43	49	53
Depreciation	33	34	38
Profit before Tax	6	2	-56
Tax %	12.02%	36.94%	24.49%
Net Profit	6	1	-42
EPS	0.00	0.00	0.00
Dividend Payout %	0.00%	0.00%	0.00%

COMPOUNDED SALES GROWTH

10 Years:: —
5 Years:: —
3 Years:: —

COMPOUNDED PROFIT GROWTH

10 Years:: —
5 Years:: —
3 Years:: —

STOCK PRICE CAGR

10 Years:: 6%
5 Years:: 48%
3 Years:: 77%
1 Year:: -22%

RETURN ON EQUITY

10 Years:: —
5 Years:: —
3 Years:: -5%
Last Year:: -17%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2018	Mar 2019	Mar 2020
Equity Capital	23	23	23
	248	250	208
	386	440	425
Trade Payables	208	197	158
	54	38	28
Total Liabilities	919	949	843
	363	389	350
	200	223	222
	0	0	0
Cash & Bank	23	18	11
	333	319	259
Total Assets	919	949	843

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2018	Mar 2019	Mar 2020
	38	52	65
Cash from Investing	-19	-53	5
Cash from Financing	-19	3	-70
	0	0	-1

Ratios

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2018	Mar 2019	Mar 2020

Shareholding Pattern

Numbers in percentages

	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	65.80	60.81	60.81	38.77	30.56	65.63	65.63	65.63	65.63
	0.00	0.37	0.25	0.00	0.01	0.00	0.00	0.01	0.58
	2.10	0.00	0.00	0.07	1.30	1.30	1.30	1.30	1.30
Government	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	32.10	38.81	38.94	61.16	68.13	33.07	33.06	33.06	32.49

Documents

Corporate disclosures, annual reports, credit ratings, and concall transcripts

2026-09-04

Copy of Newspaper Publication

2026-09-04 - VARVEE GLOBAL LIMITED has informed the Exchange about Copy of Newspaper Publication

2026-09-03

Clarification - Financial Results

2026-09-03 - The Exchange has sought clarification from VARVEE GLOBAL LIMITED for the quarter ended 30-Jun-2026 with respect to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. On basis of above the Company is required to clarify the following: The response of the Company is awaited.

2026-09-03

Updates

2026-09-03 - VARVEE GLOBAL LIMITED has informed the Exchange regarding 'Intimation of Cut-Off Date for E-voting'.

2026-09-03

Shareholders meeting

2026-09-03 - VARVEE GLOBAL LIMITED has informed the Exchange regarding Notice of Annual General Meeting to be held on September 30, 2026

2026-09-02

Outcome of Board Meeting

2026-09-02 - VARVEE GLOBAL LIMITED has informed the Exchange regarding Outcome of Board Meeting held on September 02, 2026.

2026-08-14

Copy of Newspaper Publication

2026-08-14 - VARVEE GLOBAL LIMITED has informed the Exchange about Copy of Newspaper Publication of the Un audited Financial Result for the First Quarter Ended 30th June 2026

2026-08-12

Change in Company Secretary/Compliance Officer

2026-08-12 - VARVEE GLOBAL LIMITED has informed the Exchange about Change in Company Secretary/Compliance Officer i.e. CS Pooja Hemang Khakhi has been appointed as Senior Management Personnel designated as KMP and Nodal Officer of the company

2026-08-12

Appointment

2026-08-12 - VARVEE GLOBAL LIMITED has informed the Exchange regarding Appointment of CS Pooja Hemang Khakhi as Company Secretary & Compliance Officer of the company w.e.f. August 12, 2026.

2026-08-12

Integrated Filing- Financial

2026-08-12 - Submission of unaudited financial Results for quarter ended on 30th June, 2026 along with the limited review report

News

Recent coverage and analyst commentary for VGL

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Varvee Global Ltd.

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Free 5nance Account

Name

SIYSIL

534.15

10.21

2423.44

3.00

11.01

137.31

445.66

14.42

20.46

4.05

UNITEDPOLY

43.39

36.46

995.87

0.00

7.82

31.87

179.85

23.03

15.11

6.90

VTMLTD

48.86

57.63

491.38

0.00

19.32

319.54

984.04

1266.97

4.55

5.92

MANOMAY

233.75

20.94

421.89

0.00

4.95

11.28

197.51

20.48

12.74

10.01

VGL

67.12

0.00

345.86

0.00

78.81

—

1179.33

—

21.49

14.91

JASCHIND

290.15

8.76

197.24

0.00

5.07

-4.97

59.32

-3.79

19.22

11.43

BSL

121.00

34.29

124.54

0.00

1.72

266.38

169.72

7.41

6.01

8.42

KGDENIM

13.69

3.10

35.10

0.00

8.44

359.69

4.86

-64.71

-7.29

-86.21

Mar 2020

1,179

1,244

Operating Profit

-65

OPM %

-5.48%

Interest

144

Depreciation

Profit before Tax

-61

Tax %

228.40%

Net Profit

3.36

Mar 2018

Mar 2019

Mar 2020

827

752

565

747

669

531

Operating Profit

OPM %

9.70%

10.94%

6.03%

Interest

Depreciation

Profit before Tax

-56

Tax %

12.02%

36.94%

24.49%

Net Profit

-42

EPS

0.00

Dividend Payout %

0.00%

Mar 2018

Mar 2019

Mar 2020

Equity Capital

248

250

208

386

440

425

Trade Payables

208

197

158

Total Liabilities

919

949

843

363

389

350

200

223

222

Cash & Bank

333

319

259

Total Assets

919

949

843

Mar 2018

Mar 2019

Mar 2020

Cash from Investing

-19

-53

Cash from Financing

-19

-70

-1

Mar 2018

Mar 2019

Mar 2020

Jun 2024

Sep 2024

Dec 2024

Mar 2025

Jun 2025

Sep 2025

Dec 2025

Mar 2026

Jun 2026

65.80

60.81

38.77

30.56

65.63

0.00

0.37

0.25

0.00

0.01

0.00

0.01

0.58

2.10

0.00

0.07

1.30

Government

0.00

32.10

38.81

38.94

61.16

68.13

33.07

33.06

32.49

Varvee Global Ltd.

AI Sector View

Peer comparison

Quarterly Results

Profit & Loss

Balance Sheet

Corporate actions

Cash Flows

Ratios

Shareholding Pattern

Documents

News

Sign in to Chat with AI

Varvee Global Ltd.

AI Sector View

Peer comparison

Quarterly Results

Profit & Loss

Balance Sheet

Corporate actions

Cash Flows

Ratios

Shareholding Pattern

Documents

News

Sign in to Chat with AI