VARVEE GLOBAL LIMITED

NSE: VGL · Unclassified

₹57.74+3.77%06 Nov 2026

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Instant answers about VARVEE GLOBAL LIMITED — computed from its filings, no language model

Market cap₹298 cr

Current price₹57.74

High / Low₹80 / ₹47

P/E—

P/B3.77

Book value₹15.3

ROE—

ROCE—

Debt / equity0.05

Dividend yield—

EPS (TTM)₹-8.14

Face value₹5

Price & valuation

split & bonus adjusted · pick a metric and range

Annual performance

annual · ₹ crore · line = operating margin

	FY20
Revenue	561.3
EBITDA	30.7
Operating margin	5.5%
Interest	53.0
Depreciation	38.4
Profit before tax	-55.5
Tax	-13.6
Net profit	-41.9
EPS ₹	-17.88

Half-yearly performance

last 3 half years · ₹ crore

	H1 FY20	H2 FY20*	H1 FY27
Revenue	334.1	227.2	27.9
Operating profit	0.9	29.8	-4.0
Operating margin	0.3%	13.1%	-14.4%
Other income	2.5	2.6	8.7
Interest	25.6	27.3	0.1
Depreciation	19.1	19.2	1.2
Profit before tax	-41.4	-14.1	3.4
Tax	0.2	-13.8	3.2
Net profit	-41.6	-0.3	0.2
EPS ₹	-17.74	-0.14	0.04

Earlier results (standalone, Sep '07 – Mar '19)

₹ crore · from BSE, before the NSE XBRL filings begin

VARVEE GLOBAL LIMITED reports consolidated figures above. Quarterly consolidated results only became mandatory in India in 2019, so the earlier history available is the standalone company only (excluding subsidiaries). It is shown separately so the two bases are never mixed.

Full years

showing latest 8 of 9 periods

	FY09†	FY12†	FY13†	FY14†	FY15†	FY16†	FY17†	FY18†	FY19†
Revenue	324.3	661.5	723.3	685.3	745.5	841.2	844.2	827.1	751.5
Operating profit	42.6	88.1	121.0	76.0	66.2	77.3	71.5	80.2	82.2
Operating margin	13.1%	13.3%	16.7%	11.1%	8.9%	9.2%	8.5%	9.7%	10.9%
Other income	-4.7	1.2	3.5	2.6	2.7	3.8	1.3	2.5	2.8
Interest	11.0	36.8	37.5	39.4	34.9	37.3	37.6	43.5	49.3
Depreciation	22.1	25.7	30.9	32.9	30.7	30.6	33.1	33.0	34.0
Profit before tax	2.7	22.4	55.9	6.4	3.4	8.4	2.1	6.4	1.7
Tax	0.4	8.3	10.9	3.2	3.2	1.4	0.9	0.8	0.6
Net profit	2.3	14.0	45.0	3.2	0.2	7.0	1.2	5.6	1.1

Quarters

showing latest 8 of 45 periods

	SEP '07†	DEC '07†	MAR '08†	JUN '08†	SEP '08†	DEC '08†	MAR '09†	JUN '09†	SEP '09†	DEC '09†	JUN '10†	SEP '10†	DEC '10†	JUN '11†	SEP '11†	DEC '11†	MAR '12†	JUN '12†	SEP '12†	DEC '12†	MAR '13†	JUN '13†	SEP '13†	DEC '13†	MAR '14†	JUN '14†	SEP '14†	DEC '14†	MAR '15†	JUN '15†	SEP '15†	DEC '15†	MAR '16†	JUN '16†	SEP '16†	DEC '16†	MAR '17†	JUN '17†	SEP '17†	DEC '17†	MAR '18†	JUN '18†	SEP '18†	DEC '18†	MAR '19†
Revenue	69.8	58.9	64.6	66.5	107.1	74.1	76.6	83.2	107.1	94.2	101.7	124.5	122.5	149.9	163.8	159.1	188.7	190.6	206.3	144.3	182.1	166.9	193.1	153.5	171.9	174.3	191.8	170.0	209.3	215.4	200.3	194.9	230.6	226.2	217.2	133.7	267.1	229.9	178.3	193.6	225.2	216.6	177.7	176.7	180.5
Operating profit	10.3	6.2	6.3	9.8	13.5	5.5	13.8	10.8	21.9	15.5	19.2	22.6	20.4	15.7	25.6	18.0	28.8	32.0	37.9	20.4	30.6	22.7	29.5	18.6	5.2	14.9	16.6	15.8	18.9	18.3	22.9	17.1	19.0	24.1	25.1	7.8	14.5	19.2	19.6	20.4	20.9	19.1	19.0	21.0	23.1
Operating margin	14.8%	10.5%	9.8%	14.8%	12.6%	7.4%	18.0%	13.0%	20.4%	16.5%	18.9%	18.2%	16.7%	10.5%	15.6%	11.3%	15.3%	16.8%	18.4%	14.2%	16.8%	13.6%	15.3%	12.1%	3.0%	8.5%	8.7%	9.3%	9.0%	8.5%	11.4%	8.8%	8.2%	10.7%	11.6%	5.8%	5.4%	8.4%	11.0%	10.6%	9.3%	8.8%	10.7%	11.9%	12.8%
Other income	4.3	1.4	-0.2	-5.2	0.1	0.2	0.2	0.1	0.5	0.2	0.7	0.2	0.2	0.6	0.1	0.8	-0.2	2.3	0.2	0.6	0.4	0.3	0.2	0.2	1.9	0.6	-0.0	0.2	2.0	0.3	0.3	0.2	3.0	0.3	0.3	0.2	0.4	0.4	0.4	0.4	1.4	1.2	0.9	0.2	0.4
Interest	3.9	3.2	3.0	3.2	3.3	1.0	3.5	3.6	3.3	4.1	4.8	4.4	5.1	7.7	8.8	8.5	11.8	9.4	9.9	9.0	9.3	9.3	10.8	10.0	9.2	8.5	8.0	9.1	9.3	8.1	9.6	8.1	11.4	9.2	9.5	10.0	8.9	9.7	10.5	11.0	12.2	11.4	11.3	12.5	14.1
Depreciation	6.6	3.4	5.4	5.6	5.6	5.4	5.5	5.8	5.8	5.8	5.9	6.0	6.0	6.2	6.4	6.5	6.6	7.5	7.9	7.8	7.8	8.4	7.9	8.4	8.2	8.5	6.9	7.7	7.6	7.6	7.6	7.7	7.8	8.1	8.4	8.4	8.2	8.2	8.2	8.1	8.5	8.0	8.3	8.3	9.4
Profit before tax	4.2	1.1	-1.9	-4.1	-4.5	-9.5	20.9	3.2	8.6	13.6	10.1	13.4	10.8	3.4	3.9	4.9	10.2	17.4	20.3	4.3	14.0	5.3	10.9	0.5	-10.3	-1.6	1.7	-0.7	4.0	2.9	1.2	1.6	2.8	7.1	7.5	-10.4	-2.1	1.7	1.3	1.8	1.6	0.9	0.3	0.5	0.1
Tax	0.5	0.1	0.5	0.0	0.0	0.0	0.3	0.5	1.5	2.3	2.0	2.7	2.1	0.0	0.1	1.3	7.0	4.1	3.0	1.6	2.2	1.6	3.4	-0.5	-1.3	0.0	-0.0	0.0	3.2	0.7	1.1	0.2	-0.5	0.8	0.7	0.3	-0.8	-0.1	0.1	0.0	0.8	0.3	0.5	0.1	-0.3
Net profit	3.7	1.0	-2.3	-4.1	-4.6	-9.5	20.5	2.6	7.1	11.2	8.1	10.7	8.6	3.4	3.8	3.7	3.2	13.2	17.3	2.6	11.8	3.7	7.6	0.9	-9.0	-1.6	1.7	-0.7	0.8	2.2	0.1	1.3	3.4	6.4	6.9	-10.8	-1.3	1.9	1.2	1.8	0.8	0.6	-0.2	0.3	0.4
EPS ₹	1.32	0.17	1.24	-1.99	-2.19	-4.31	8.51	0.89	2.91	4.67	3.45	4.57	3.67	1.45	1.60	1.56	1.37	5.65	7.37	1.12	5.05	1.58	3.23	0.40	-3.85	-0.69	0.72	-0.31	0.36	0.93	0.07	0.57	1.42	2.73	2.93	-4.60	-0.55	0.79	0.50	0.75	0.35	0.24	-0.09	0.14	0.16
Revenue YoY	—	—	—	—	53.4%	25.8%	18.5%	25.2%	0.0%	27.0%	22.2%	16.2%	30.1%	47.4%	31.6%	29.8%	—	27.1%	25.9%	-9.3%	-3.5%	-12.4%	-6.4%	6.4%	-5.6%	4.5%	-0.6%	10.7%	21.8%	23.6%	4.4%	14.6%	10.2%	5.0%	8.5%	-31.4%	15.8%	1.7%	-17.9%	44.8%	-15.7%	-5.8%	-0.4%	-8.7%	-19.8%
Profit YoY	—	—	—	—	-224.3%	-1092.7%	—	—	—	—	204.9%	50.6%	-23.6%	-57.9%	-65.0%	-57.4%	—	289.7%	361.1%	-28.1%	266.9%	-72.1%	-56.2%	-64.6%	-176.2%	-143.8%	-77.6%	-178.5%	—	—	-91.2%	—	298.8%	193.6%	4480.0%	-904.5%	-138.8%	-71.1%	-83.0%	—	—	-69.2%	-117.1%	-81.9%	-51.2%

Returns & margins

trailing-twelve-month, per half year

	H2 FY20
Net margin	-7.5%
EBITDA margin	5.5%
Interest coverage	-0.05

Balance sheet

equity vs borrowings over time · ₹ crore

	SEP '26
Share capital	25.8
Other equity / reserves	53.1
Total equity	78.9
Borrowings	4.1
Current liabilities	77.8
Non-current liabilities	1.5
Total assets	158.2
Property, plant & equipment	28.6
Capital work-in-progress	0.0
Investments	6.4
Inventories	19.4
Receivables	16.8
Cash & equivalents	3.1

Cash flow

annual · ₹ crore · line = free cash flow

Not filed yet.

Where the assets sit

Sep '26 · ₹ crore

Fixed assets (PPE)

₹28.6 cr18%

Investments

₹6.4 cr4%

Inventories

₹19.4 cr12%

Receivables

₹16.8 cr11%

Cash & equivalents

₹3.1 cr2%

Other assets

₹83.8 cr53%

Peer comparison

largest in Unclassified · this company in bold

Company	Market cap ₹cr	Price	P/E	P/B	ROE
Avantel Limited	36,86,04,549	138.69	—	1059360.68	0.0%
Ducol Organics And Colours Limited	19,55,275	120.00	—	20089.13	0.0%
Jio Platforms Limited	12,57,181	1,406.40	—	3.57	—
SBI Funds Management Limited	1,01,750	499.55	—	—	—
Tamilnadu Telecommunication Limited	91,314	9.93	—	—	—
Manipal Health Enterprises Limited	76,294	646.70	—	—	—
INDO-MIM Limited	59,042	1,219.50	—	—	—
AvenuesAI Limited	45,138	129.25	153.6	9.51	6.2%
Dhoot Transmission Limited	32,761	1,601.60	—	8.11	—
3M India Limited	31,071	27,570.00	53.8	17.57	32.7%
VARVEE GLOBAL LIMITED	298	57.74	—	3.77	—

StoxGud checklist: Bearish setup · 2/10

Price above 50-day average
Price above 200-day average
50-day average above 200-day (uptrend)
RSI in healthy 40–70 zone
Positive 1-year return
Return on equity above 15%
Debt to equity below 1
Revenue growing year on year
Net profit margin above 10%
P/E below industry median

A rules-based screen of trend, momentum, quality and valuation. Educational only — not a buy or sell recommendation.

Returns & technicals

1 month-8.2%

6 months-4.0%

1 year-0.2%

3Y CAGR+64.9%

5Y CAGR+34.5%

10Y CAGR+2.4%

50-day avg₹59.83

200-day avg₹62.25

RSI (14)50

FAQs

What is the share price of VARVEE GLOBAL LIMITED?

VARVEE GLOBAL LIMITED (VGL) closed at ₹57.74 on NSE on 06 Nov 2026.

What is the market cap of VARVEE GLOBAL LIMITED?

₹298 crore at the latest close.

How fast is VARVEE GLOBAL LIMITED growing?

Not enough filed history yet to measure VARVEE GLOBAL LIMITED's growth.

How profitable is VARVEE GLOBAL LIMITED?

Profitability ratios for VARVEE GLOBAL LIMITED aren't available yet.

How much debt does VARVEE GLOBAL LIMITED have?

VARVEE GLOBAL LIMITED is lightly geared: debt to equity is 0.05 with borrowings of ₹4 cr against cash of ₹3 cr (balance sheet of 2026-09-30).

Financials parsed from VARVEE GLOBAL LIMITED's own XBRL filings to NSE (consolidated), ₹ crore unless marked. Half-yearly from H1 FY20, annual from FY20, balance sheet from Sep '26. * = derived (full year minus the other half). This company is on NSE's SME platform and reports results half-yearly. Information only, not investment advice.