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Varvee Global Limited

VGL·NSE·
₹60.05▼ -2.13 (-3.43%)
Market Cap300.15 Cr
PE Ratio24.81
Volume7,586
Day High - Low62.80 - 60.05
52W High-Low84.75 - 43.70

Varvee Global Limited (VGL): company summary

The company's annual revenue rose 49.5% to ₹63 crore, but net profit fell 34.5% to ₹12 crore.

Varvee Global Limited (VGL) is a micro-cap Textiles company valued at ₹300 crore operating in Other Textile Products on the NSE and BSE.

Recent price move
Varvee Global Limited last traded at ₹60.05, down 3.43% on the day.
Recent developments
On 2026-03-02, the company executed a 1:2 stock split, which may have impacted share price movements. In July 2026, the company incorporated a renewable-energy subsidiary, signaling a strategic shift towards new business lines. The company is pivoting from denim manufacturing to non-denim shirting/suiting, B2B job work, trading and leasing following a 2024–25 control change.
Financial performance
The company's annual revenue rose 49.5% to ₹63 crore, but net profit fell 34.5% to ₹12 crore. The latest quarter saw revenue swing from a loss of ₹1 crore to a profit of ₹8 crore, while net profit swung from a gain of ₹25 crore to a loss of ₹7 crore, indicating a sharp deterioration in profitability.
Valuation multiples
The stock trades at 24.8 times earnings, 3.81 times book value.
Things to watch
The company's net profit margin fell 25.4 percentage points to 19.8%, reflecting declining profitability. The latest quarter reported a net loss of ₹7 crore, contrasting with a net profit of ₹25 crore in the same quarter a year earlier. The stock is 25.5% below its 52-week high, indicating a significant pullback from recent peak levels.
Where it stands
Varvee Global Limited ended the latest quarter with a net loss of ₹7 crore, while annual net profit fell 34.5% to ₹12 crore. The stock is 25.5% below its 52-week high, and the net profit margin has dropped to 19.8%. The company's strategic pivot to non-denim products and renewable energy may influence future performance, but current results show a decline in profitability.

Summarised by DocStoX's model on 2026-10-04 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.

DocStoX Score
3.8/10
Poor
Fair Value
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ROE
16.17%
Strong
P/E
24.81x
Fair
Debt / Equity
0.04
Low
Industry
Textiles
Other Textile Products
Overall View
Poor

Price performance

Day₹60.05
₹62.80
52W₹43.70
₹84.75
DocStoX take

Held back by growth (2.8).

DocStoX score

Low confidence
3.8
/10
Poor
Quality
Modest
ROE 16.2%
Valuation
Rich
P/E 24.8×
Growth
Flat
Revenue -25.0% 5Y CAGR
Risk
Elevated
D/E 0.04
Momentum
Soft
40% of 52-week range

At a glance

Market Cap
₹300 Cr
52W High / Low
₹85 / ₹44
Dividend Yield
0.00%
Promoter Holding
65.63%
EPS (TTM)
₹2.42
Book Value
₹14.95

Key highlights

  • Low leverage — D/E 0.04
  • Capital works hard — ROCE 25%
  • Healthy net margin (20%)
  • Revenue shrinking 25% a year
  • 16% of promoter holding is pledged
3 Positives4 Watchouts

Growth

Financials

Shareholding

Technicals

Peers

News

Forecasts

About the company

More data

Filings, corporate actions and ownership detail — opened on demand.

More Textiles stocks · Other Textile Products

VARVEE GLOBAL LIMITED peers in Textiles

Other Textiles stocks on the NSE & BSE. See the full Textiles sector list.