Varvee Global Ltd.

•
₹ 56.05-3.51%

2026-08-21

aarveedenims.comBSE: 514274NSE: VGL
Market Cap₹ 293 Cr.
Current Price₹ 58
High / Low₹ 98 / 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%

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

EDIT COLUMNS
TextilesTextileTextile - Weaving
Part ofNIFTY 50NIFTY 500NIFTY LARGEMIDCAP 250NIFTY 100NIFTY 200
S.No.NameCMP Rs.P/EMar Cap Rs.Cr.Div Yld %NP Qtr Rs.Cr.Qtr Profit Var %Sales Qtr Rs.Cr.Qtr Sales Var %ROCE %OPM %
1.SIYSIL633.4012.112873.742.5311.01137.31445.6614.4220.464.05
2.VTMLTD46.280.00465.430.0019.32319.54984.041266.974.555.92
3.MANOMAY214.350.00386.870.004.9511.28197.5120.4812.7410.01
4.VGL56.950.00293.460.0078.81—1179.33—21.4914.91
5.JASCHIND305.009.21207.340.005.07-4.9759.32-3.7919.2211.43
6.BSL123.000.00126.590.001.72266.38169.727.416.018.42
7.KGDENIM14.213.2236.430.008.44359.694.86-64.71-7.29-86.21
Detailed Comparison with:

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Mar 2020
1,179
1,244
Operating Profit
—
OPM %
—
Other Income
3
Interest
144
Depreciation
96
-61
Tax %
228.40%
Net Profit
79
3
Equity Capital
235
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
235
Reserves
0
Promoter Pledge %
0.00%

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2018
827
747
Operating Profit
83
OPM %
10
Other Income
3
Interest
43
Depreciation
33
6
Tax %
12
Net Profit
6
EPS
0
Dividend Payout %
0
Minority Interest
0
Share of Associates
0
Adjusted EPS
1
Minority Interest
0
Share of Associates
0
Adjusted EPS
1
Mar 2019
752
669
Operating Profit
85
OPM %
11
Other Income
3
Interest
49
Depreciation
34
2
Tax %
37
Net Profit
1
EPS
0
Dividend Payout %
0
Minority Interest
0
Share of Associates
0
Adjusted EPS
0
Minority Interest
0
Share of Associates
0
Adjusted EPS
0
Mar 2020
565
531
Operating Profit
36
OPM %
6
Other Income
2
Interest
53
Depreciation
38
-56
Tax %
24
Net Profit
-42
EPS
0
Dividend Payout %
0
Minority Interest
0
Share of Associates
0
Adjusted EPS
-9
Minority Interest
0
Share of Associates
0
Adjusted EPS
-9

COMPOUNDED SALES GROWTH

10 Years:
—
5 Years:
—
3 Years:
—

COMPOUNDED PROFIT GROWTH

10 Years:
—
5 Years:
—
3 Years:
—

STOCK PRICE CAGR

10 Years:
5%
5 Years:
44%
3 Years:
69%
1 Year:
-39%

RETURN ON EQUITY

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

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Corporate actions

No bonus data found

Mar 2018
Equity Capital
23
248
296
Trade Payables
208
143
Total Liabilities
919
363
200
0
Cash & Bank
23
333
Total Assets
919
Total Debt
379
Net Working Capital
25
Contingent Liabilities
10
Book Value per Share
115.81
Face Value
10.00
Total Debt
379
Net Working Capital
25
Contingent Liabilities
10
Book Value per Share
115.81
Face Value
10.00
Mar 2019
Equity Capital
23
250
302
Trade Payables
197
177
Total Liabilities
949
389
223
0
Cash & Bank
18
319
Total Assets
949
Total Debt
434
Net Working Capital
50
Contingent Liabilities
12
Book Value per Share
116.42
Face Value
10.00
Total Debt
434
Net Working Capital
50
Contingent Liabilities
12
Book Value per Share
116.42
Face Value
10.00
Mar 2020
Equity Capital
23
208
277
Trade Payables
158
176
Total Liabilities
843
350
222
0
Cash & Bank
11
259
Total Assets
843
Total Debt
419
Net Working Capital
43
Contingent Liabilities
11
Book Value per Share
98.46
Face Value
10.00
Total Debt
419
Net Working Capital
43
Contingent Liabilities
11
Book Value per Share
98.46
Face Value
10.00

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2018
38
Cash from Investing
-19
Cash from Financing
-19
0
Free Cash Flow
38
OCF / Net Profit
6.73
Cumulative 5-Year FCF
0
OCF / Net Profit
6.73
Cumulative 5-Year FCF
0
Mar 2019
51
Cash from Investing
-53
Cash from Financing
3
0
Free Cash Flow
5
OCF / Net Profit
46.44
Cumulative 5-Year FCF
0
OCF / Net Profit
46.44
Cumulative 5-Year FCF
0
Mar 2020
65
Cash from Investing
5
Cash from Financing
-70
-1
Free Cash Flow
65
OCF / Net Profit
-1.54
Cumulative 5-Year FCF
0
OCF / Net Profit
-1.54
Cumulative 5-Year FCF
0

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2018
EPS (₹)
2.39
Book Value (₹)
115.81
Dividend per Share (₹)
0.00
Cash EPS (₹)
8.22
Operating Margin %
10.01%
Net Margin %
0.68%
ROE %
2.06%
ROCE %
7.65%
0.61%
Debtor Days
130
Inventory Days
88
Payable Days
133
85
Debt to Equity (x)
1.40x
Interest Coverage (x)
1.15x
1.05x
Revenue Growth %
0.00%
Operating Profit Growth %
0.00%
Net Profit Growth %
0.00%
0.00%
P/E (x)
0.00x
P/B (x)
0.00x
Dividend Yield %
0.00%
0.00x
Mar 2019
EPS (₹)
0.46
Book Value (₹)
116.42
Dividend per Share (₹)
0.00
Cash EPS (₹)
7.47
Operating Margin %
11.31%
Net Margin %
0.14%
ROE %
0.40%
ROCE %
7.51%
0.12%
Debtor Days
142
Inventory Days
103
Payable Days
155
89
Debt to Equity (x)
1.59x
Interest Coverage (x)
1.04x
1.10x
Revenue Growth %
-9.13%
Operating Profit Growth %
2.68%
Net Profit Growth %
-80.59%
0.00%
P/E (x)
0.00x
P/B (x)
0.00x
Dividend Yield %
0.00%
0.00x
Mar 2020
EPS (₹)
-17.87
Book Value (₹)
98.46
Dividend per Share (₹)
0.00
Cash EPS (₹)
-0.76
Operating Margin %
6.34%
Net Margin %
-7.42%
ROE %
-16.63%
ROCE %
-0.38%
-4.68%
Debtor Days
169
Inventory Days
144
Payable Days
180
133
Debt to Equity (x)
1.81x
Interest Coverage (x)
-0.05x
1.10x
Revenue Growth %
-24.87%
Operating Profit Growth %
-57.88%
Net Profit Growth %
-3950.74%
0.00%
P/E (x)
0.00x
P/B (x)
0.00x
Dividend Yield %
0.00%
0.00x

Shareholding Pattern

Numbers in percentages

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

Documents

Announcements

  • 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

  • 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

Annual Reports

Credit Ratings

Nothing filed yet.

Concalls

  • May 2026

    TranscriptPPTREC

  • Feb 2026

    TranscriptPPTREC

  • Dec 2025

    TranscriptPPTREC