Variman Global Enterprises Ltd

Variman Global Enterprises Ltd (VARIMAN) is a micro-cap Commercial Services company valued at ₹84 crore operating in Trading & Distributors on the NSE and BSE.

Recent price move

Variman Global Enterprises Ltd last traded at ₹4.31, down 4.65% on the day.

Recent developments

2026-06-30: The company reported its latest quarter results, showing a significant drop in both revenue and net profit compared to the same quarter a year earlier. 2026-03-31: The company's financials showed a net profit of ₹0 crore, indicating a potential turnaround in the quarter prior to the latest results.

Financial performance

The company's business improved significantly, with annual net profit rising 370.4% to ₹3 crore, driven by a sharp increase in net profit margin to 2.5% from 0.6%. However, the latest quarter showed a sharp decline, with revenue falling 20.3% year-on-year to ₹26 crore and net profit dropping 45.7% to ₹1 crore.

Valuation multiples

The stock trades at 25.4 times earnings, 1.87 times book value. It yields 3.1%.

Things to watch

The stock is 46.7% below its 52-week high, indicating a significant drop in value. The latest quarter's net profit fell 45.7% year-on-year, showing a decline in profitability. The company's revenue also declined 20.3% in the latest quarter compared to the same period a year earlier.

Where it stands

Variman Global Enterprises Ltd has seen strong annual growth in net profit, but the latest quarter shows a reversal in performance. The stock is significantly below its 52-week high, and recent results indicate a decline in both revenue and profitability. The most significant movement is the sharp drop in net profit in the latest quarter.

Summarised by DocStoX's model on 2026-10-18 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.