VGLConsumer Discretionary

VARVEE GLOBAL LIMITED

Other Textile Products · ISIN INE273D01027 · BSE 514274 · NSE EQ · FV ₹5
Last price
₹66
-0.53%today
What this company does

VARVEE GLOBAL LIMITED operates in Other Textile Products, part of the Consumer Discretionary sector. It booked ₹117 cr of revenue in its latest quarter (Q4 FY20) and kept 6.7% of sales as profit.

Their stated vision

To be a progressive leader and one of the top-ranking textile conglomerates, driven by global expertise, integrated operations, and a commitment to excellence.

Their stated mission

To be a progressive leader and one of the top-ranking textile conglomerates, driven by global expertise, integrated operations, and a commitment to excellence.

In the report:
57out of 100
Equitytale Health Score
Mixed

Healthier than 57% of companies in Consumer Discretionary, on the 4 of 6 measures we could read for it. Each measure is ranked against the 69–421 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
66

At close. Not part of the score.

Profitability & returns59

How much profit it earns on the money it employs

Balance sheet18

How much it owes, and whether earnings cover the interest

Valuation94

What today's price implies, against our models or its peers

Governance & risk74

How much of the promoters' stake is pledged, and how much they hold

Not measurable for this company: cash quality, growth & consistency. Those pillars are left out of the score rather than counted as zero.

Is this company doing well?
not investment advice
Strengths
Makes a profit
Promoters hold 66%
Watch-outs
! Thin 6.7% net margin
! 15.7% of promoter stake pledged

What if I invest in VGL?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹66 -0.53%
latest close · 2026-09-17
52-wk low ₹5142 sessions so far52-wk high ₹71
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio4.9Low
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Net margin6.7%Decent
ThinDecentStrong
EBITDA margin15.3%Decent
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Interest cover0.6×Risky
RiskyOkayStrong ▸5×
More figures
Market cap
₹154 cr
Book value
EPS
₹3.36
latest quarter
Net debt
Enterprise value
EBITDA
₹72 cr
annualised
EBIT
₹33 cr
annualised
Operating margin
7.1%
Return on assets
Earnings yield
20.41%
P/S
0.33
Sales / share
₹199.4
Tax rate
Face value
₹10
Shares
2.3 cr
Working capital
Current assets
Current liabilities
Delivery %
61.1%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2025 report & filings
not investment advice
Hard to value confidentlyLow confidence
The company's latest annual profit was negative, so we won't call it cheap off older profits.

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q4 FY20 (consolidated)
Revenue from Operations₹117 cr
Other Income₹1 cr
Total Income₹118 cr
Cost of Materials₹76 cr
Purchases of Stock-in-Trade₹0 cr
Inventory Change (±)₹-14 cr
Employee Benefit Expense₹9 cr
Finance Costs₹14 cr
Depreciation & Amortisation₹10 cr
Other Expenses₹30 cr
Total Expenses₹124 cr
Profit before Tax₹-6 cr
Tax Expense₹-14 cr
Net Profit₹8 cr
Net margin on total income6.7%
Where the money goes · Q4 FY20
% of total income
Materials + stock-in-trade₹62 cr46.6%
Employee benefit expense₹9 cr6.5%
Finance costs₹14 cr10.9%
Depreciation & amortisation₹10 cr7.3%
Other expenses₹30 cr22.8%
Profit for the period₹8 cr6.0%
Total income ₹118 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ2 FY20Q3 FY20Q4 FY20
Revenue167 cr110 cr117 cr
Total income168 cr112 cr118 cr
Expenses185 cr120 cr124 cr
Profit before tax-16 cr-8 cr-6 cr
Tax43.3 L19.5 L-14 cr
Net profit (owners' share)-17 cr-8 cr8 cr
Net margin (owners' share, on revenue)-10.0%-7.4%6.7%
EPS (₹)-7.10-3.493.36
Peer comparison
Other Textile Products · by market value
CompanyPriceMarket capP/E
K.P.R. Mill Limited₹1,095₹37,441 cr36.2
Welspun Living Limited₹212₹20,051 cr31.4
Vardhman Textiles Limited₹561₹15,986 cr12.9
Trident Limited₹23₹11,762 cr18.6
Indo Count Industries Limited₹436₹8,625 cr34.1
Garware Technical Fibres Limited₹800₹7,809 cr30.5
Kusumgar Limited₹552₹5,790 cr33.0
Jindal Worldwide Limited₹49₹4,913 cr38.3
Filatex India Limited₹90₹4,012 cr20.7
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
trailing 12 months
Dividend / share (TTM)
Last dividend
₹0.5
ex 30 Aug 2012
ActionDetailEx-date
Stock splitStock Split From Rs.10/- to Rs.5/-2 Mar 2026
Dividend₹0.5 / share30 Aug 2012
Who owns it · 2026-06-30
15.7% pledged
Promoter
65.6%
FII / Foreign
0.6%
DII / Domestic
1.3%
Retail / others
32.5%
Promoter stake down 0.2% over the last 12 quarters.
Smart-money activity
Insider trades
SoldTwenty First Century Marketing Ltd. · Promoter Group11.54 L · ₹2.9 cr10 Jul 25
SoldKashvi Investments Pvt.Ltd. · Promoter Group13.88 L · ₹3.5 cr10 Jul 25
SoldV. B. Investment Pvt. Ltd. · Promoter Group23.21 L · ₹5.8 cr10 Jul 25
Bulk / block deals
BoughtKAHOR VANRAJSINH DADBHAI · NSE4.53 L @ ₹66.0711 Sep 26
SoldKAHOR VANRAJSINH DADBHAI · NSE3.92 L @ ₹66.3111 Sep 26
SoldVAIBHAV RAJENDRA DOSHI · NSE3.99 L @ ₹72.7518 Jun 26
Promoter pledges
PledgedPace Stock Broking Services Pvt Ltd5.00 L · 0.00% held2 Jun 26
ReleasedIDBI Bank87,500 · 0.37% held17 Oct 20
ReleasedIDBI Bank87,500 · 0.61% held17 Oct 20
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Postal ballot · 20 Mar 2026
See the official result
1
Adoption of New Set of Articles of Association
Backed by 99% of shareholders other than promotersneeded 75%
4.37 L votes for, 2,276 against · 0% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 41 named members
owning 65.6% between them · as of 2026-06-30
Jaimin Kailash Gupta52.01%
Qmin Industries Limited9.07%
Tarachandbhai Agrawal4.55%
Anoli Ashishbhai Shahno shares
Anuj Ashish Shahno shares
Ashish Shahno shares
Bela Shahno shares
Bhansali Tradelink Private Limitedno shares

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

Money it raised, and what it did with it

When a company raises money from investors, it has to say up front what the money is for. The rules then make it report, every three months until the money is gone, how much of each of those things it has actually paid for — so a promise made while asking for the money can be checked afterwards.

Money raised in May 2025 by selling shares to selected investors

The company has not broken this money down into purposes in its filing for Jun 2025, so there is nothing to measure it against yet.

The amount this filing states as raised is many times the whole company’s market value, so it is almost certainly entered in the wrong unit. We show the purposes and how far along each one is, and leave the rupee figures out rather than repeat a number that cannot be right.

Every figure above is taken from the statement the company files with the stock exchange each quarter, for as long as money it has raised remains unspent. The only thing we work out is how much of each stated purpose has been paid for — one number divided by another from the same filing. Whether a plan that changed was a good change is not something a filing can tell you. See the filing

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.