Varvee Global Ltd
Varvee Global Ltd (VGL) last reported results for the quarter ended Mar 2020, with sales of ₹118 crore and net profit of ₹7.88 crore. The next scheduled event is a stock split on 3 Nov 2026. The stock last traded at ₹62.4, a market capitalisation of ₹317 crore. Over the past 52 weeks the stock has ranged between ₹43.7 and ₹84.8. Figures are as of 9 Oct 2026 and are not real time.
Varvee Global Ltd share price and key metrics
- Current price
- ₹62.4
- Market cap
- ₹317 cr
- Book value
- ₹49.2
- ROE
- -15.9%
- ROCE
- -0.11%
- Dividend yield
- 0.00%
- 52w high / low
- 84.8/43.7
Metrics as of 9 Oct 2026. Not real time.
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Varvee Global Ltd growth and returns
- 10 Years
- %
- 5 Years
- %
- 3 Years
- %
- TTM
- -25%
- 10 Years
- %
- 5 Years
- %
- 3 Years
- %
- TTM
- -3781%
- 10 Years
- 4%
- 5 Years
- 37%
- 3 Years
- 74%
- 1 Year
- -20%
- 10 Years
- %
- 5 Years
- %
- 3 Years
- -4%
- Last Year
- -16%
Varvee Global Ltd quarterly results
In the quarter ended Mar 2020, sales were ₹118 cr, down 34.7% from ₹181 cr a year earlier. Net profit was ₹7.88 cr, up 1870.0% year on year.
| ₹ crore | Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2020 |
|---|---|---|---|---|---|---|---|---|
| Sales | 217 | 178 | 177 | 181 | 168 | 168 | 111 | 118 |
| Expenses | 198 | 159 | 156 | 157 | 171 | 162 | 97.08 | 100 |
| Operating profit | 19.04 | 19.01 | 21.04 | 23.11 | -3.54 | 6.17 | 13.86 | 17.59 |
| OPM % | 8.79% | 10.70% | 11.91% | 12.80% | -2.11% | 3.67% | 12.49% | 14.92% |
| Other income | 1.19 | 0.93 | 0.25 | 0.43 | 0.38 | 0.4 | 0.62 | 0.33 |
| Interest | 11.38 | 11.33 | 12.48 | 14.1 | 12.45 | 13.2 | 12.89 | 14.44 |
| Depreciation | 7.96 | 8.29 | 8.35 | 9.38 | 9.56 | 9.58 | 9.59 | 9.62 |
| Profit before tax | 0.89 | 0.32 | 0.46 | 0.06 | -25.17 | -16.21 | -8 | -6.14 |
| Tax % | 35.96% | 162.50% | 30.43% | -550.00% | -0.83% | 2.65% | 2.38% | -228.34% |
| Net profit | 0.57 | -0.2 | 0.32 | 0.4 | -24.97 | -16.64 | -8.19 | 7.88 |
| EPS (₹) | 0.12 | -0.04 | 0.07 | 0.09 | -5.32 | -3.55 | -1.75 | 1.68 |
Consolidated figures as reported by the company. Percentages are as published; totals may not sum exactly.
Varvee Global Ltd annual results
| ₹ crore | Mar 2018 | Mar 2019 | Mar 2020 |
|---|---|---|---|
| Sales | 827 | 752 | 565 |
| Operating profit | 80 | 82 | 36 |
| OPM % | 10% | 11% | 6% |
| Net profit | 6 | 1 | -42 |
| EPS (₹) | 1.20 | 0.23 | -8.94 |
TTM is the trailing twelve months to the most recent quarter.
Varvee Global Ltd balance sheet
| ₹ crore | Mar 2018 | Mar 2019 | Mar 2020 |
|---|---|---|---|
| Equity capital | 23 | 23 | 23 |
| Reserves | 248 | 250 | 208 |
| Borrowings | 379 | 434 | 419 |
| Other liabilities | 268 | 241 | 193 |
| Total liabilities | 919 | 949 | 843 |
| Fixed assets | 363 | 389 | 350 |
| CWIP | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 |
| Other assets | 556 | 560 | 492 |
| Total assets | 919 | 949 | 843 |
As reported by the company. Total assets equal total liabilities by construction.
Varvee Global Ltd cash flow
| ₹ crore | Mar 2018 | Mar 2019 | Mar 2020 |
|---|---|---|---|
| Cash from operations | 38 | 51 | 65 |
| Cash from investing | -19 | -53 | 5 |
| Cash from financing | -19 | 3 | -70 |
| Net cash flow | 0 | 0 | -1 |
| Free cash flow | 22 | -10 | 63 |
| CFO / operating profit | 48% | 63% | 181% |
Negative figures are outflows. CFO / operating profit is a ratio, not an amount.
Varvee Global Ltd operating ratios
| Per year | Mar 2018 | Mar 2019 | Mar 2020 |
|---|---|---|---|
| ROCE % | — | 8% | -0% |
| Debtor days | 130 | 140 | 152 |
| Inventory days | 146 | 189 | 234 |
| Days payable | 151 | 167 | 167 |
| Cash conversion cycle | 125 | 161 | 219 |
| Working capital days | 1 | 16 | 200 |
Ratios as computed by the source from the reported statements. Rows a company does not report are omitted.
Varvee Global Ltd shareholding pattern
Promoters held 65.64% at Jun 2026, up from 30.56% at Jun 2025. FIIs 0.58% and DIIs 1.30%.
| % held | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 60.81% | 60.81% | 38.77% | 30.56% | 65.64% | 65.64% | 65.64% | 65.64% |
| FIIs | 0.37% | 0.25% | 0.00% | 0.01% | 0.00% | 0.00% | 0.01% | 0.58% |
| DIIs | 0.00% | 0.00% | 0.07% | 1.30% | 1.30% | 1.30% | 1.30% | 1.30% |
| Public | 38.81% | 38.94% | 61.16% | 68.14% | 33.07% | 33.06% | 33.06% | 32.49% |
| No. of shareholders | 10,439 | 10,181 | 10,202 | 10,252 | 10,341 | 9,898 | 8,241 | 9,113 |
As disclosed by the company to the exchanges. The last row is a count of shareholders, not a percentage.
Upcoming Varvee Global Ltd events
The next scheduled event is a stock split on 3 Nov 2026.
- Stock splitSub-division of equity shares from face value of Rs. 5 to Rs. 2
See the full results calendar for every Indian company reporting in the next 30 days.
Varvee Global Ltd corporate filings
- Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for quarter ended 30th September, 2026Company Updatelow impact
- Corporate Voting Results Confirm Approval of Key Resolutions at Varvee Global Limited AGMAGM/EGMmedium impact
Cruxal's analysis: Varvee Global Limited reported the voting outcomes from its AGM held on September 30…
Read the full analysis - Varvee Global Limited holds 37th AGM; no immediate financial disclosures or strategic updates providedAGM/EGMlow impact
Cruxal's analysis: Varvee Global Limited conducted its 37th Annual General Meeting on 30th September 2026…
Read the full analysis - Varvee Global Ltd announces routine newspaper publication of financial disclosuresCompany Updatelow impact
Cruxal's analysis: Varvee Global Ltd has fulfilled a regulatory requirement under Regulation 30 of the SEBI…
Read the full analysis - Varvee Global Limited Announces Stock Split from INR 5 to INR 2 Face ValueAGM/EGMmedium impact
Cruxal's analysis: Varvee Global Limited has initiated a postal ballot to seek shareholder approval for a…
Read the full analysis - Closure of trading windowInsider Trading / SASTlow impact
- Varvee Global Ltd announces alteration to Memorandum of Association capital clauseCompany Updatelow impact
Cruxal's analysis: Varvee Global Ltd has filed a notice regarding the alteration of the capital clause in…
Read the full analysis - Varvee Global Limited Announces Voluntary Withdrawal of Credit RatingsCompany Updatemedium impact
Cruxal's analysis: Varvee Global Limited has formally requested and received a withdrawal of its credit…
Read the full analysis - Varvee Global Limited Announces Stock Split from INR 5 to INR 2 Face Value to Enhance LiquidityBoard Meetinglow impact
Cruxal's analysis: Varvee Global Limited has approved a sub-division of its equity shares, splitting each…
Read the full analysis - Varvee Global Ltd issues addendum to 37th Annual General Meeting noticeCompany Updatelow impact
Cruxal's analysis: Varvee Global Ltd has published an advertisement regarding an addendum to the notice for…
Read the full analysis - Varvee Global Limited announces board meeting to consider equity share splitBoard Meetingmedium impact
Cruxal's analysis: Varvee Global Limited has scheduled a board meeting for 25th September 2026 to consider a…
Read the full analysis - Varvee Global Limited issues addendum to 37th AGM notice for appointment of new Non-Executive Non-Independent DirectorAGM/EGMlow impact
Cruxal's analysis: Varvee Global Limited has issued an addendum to its 37th Annual General Meeting notice to…
Read the full analysis - Varvee Global Limited Announces Board Reshuffle with Appointment of Mithleshkumar M Agraval and Resignation of Nipun Vinodkumar AroraOtherslow impact
Cruxal's analysis: Varvee Global Limited has announced a change in its board composition, effective…
Read the full analysis - Varvee Global Ltd responds to exchange clarification regarding recent stock price movementCompany Updatelow impact
Cruxal's analysis: Varvee Global Ltd has submitted a formal response to the stock exchange regarding the…
Read the full analysis - Varvee Global Ltd announces 37th Annual General MeetingCompany Updatelow impact
Cruxal's analysis: Varvee Global Ltd has published a newspaper advertisement regarding the scheduling of its…
Read the full analysis - Varvee Global Ltd announces cut-off date for 37th Annual General MeetingCompany Updatelow impact
Cruxal's analysis: Varvee Global Ltd has issued an intimation regarding the cut-off date for e-voting…
Read the full analysis - Varvee Global Ltd releases Annual Report for FY 2025-26Otherslow impact
Cruxal's analysis: Varvee Global Ltd has filed its Annual Report for the financial year 2025-26 as per…
Read the full analysis - Varvee Global Limited seeks shareholder approval for material related party transactions aggregating up to INR 200 croreAGM/EGMhigh impact
Cruxal's analysis: Varvee Global Limited has issued a notice for its 37th Annual General Meeting to be held…
Read the full analysis - Varvee Global Limited announces 37th Annual General Meeting scheduled for September 30, 2026Otherslow impact
Cruxal's analysis: Varvee Global Limited has formally announced the scheduling of its 37th Annual General…
Read the full analysis - Varvee Global Ltd publishes newspaper advertisement for Q1 FY2027 financial resultsCompany Updatelow impact
Cruxal's analysis: Varvee Global Ltd has fulfilled its regulatory obligation under Regulation 30 of the SEBI…
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