Varvee Global

₹59.91As of Sun 8 Nov 2026, 12:00 UTC

NSE:VGLConsumer Disc

Country India

PE (Fwd) 32.42

TSR 10Y CAGR 1.86%

Div yield —

ROE —

Textile Manufacturing

Beta (5Y) 0.56

PE TTM 24.52

TSR TTM (6.05%)

Mkt cap ₹3.164B

ROIC —

SE Grade™

—

Value

Quality

Moat

—

1Y Price

Reference

₹66

10.87%

(91.00%)

Price above Reference Value

FY23

FY24

FY25

FY26

Earnings per share₹

(13.86)

(9.51)

3.95

2.44

(57.04%)

31.41%

141.56%

(38.17%)

Revenue₹B

2.610

0.849

0.428

0.630

(38.07%)

(67.45%)

(49.58%)

47.11%

TTM

FYE 31 Mar INR

FY2017

FY2018

FY2019

FY2020

FY2021

FY2022

FY2023

FY2024

FY2025

FY2026

FY2027E

Trend

10Y

Peers

0.630

Revenue₹B

—

4.214

2.610

0.849

0.428

0.630

0.547

(37.82%)

47.11

Revenue growth%

—

(38.07)

(67.45)

(49.58)

47.11

(13.12)

(43.82)

—

100

64.86

Gross margin%

—

32.58

25.71

4.49

(101.88)

64.86

64.65

25.71

0.46

Operating margin%

—

(8.41)

(19.01)

(46.92)

(196.23)

0.46

0.13

(19.01)

19.76

Net margin%

—

(9.83)

(24.93)

(52.53)

43.30

19.76

19.29

(9.83)

24.52

P/E ratio (avg)x

—

8.469

28.73

28.91

18.60

—

1,045

EV/EBITx

—

1,224

4,202

1,224

—

FCF yield (avg)%

—

FCF margin%

—

FCF / Net incomex

—

ROIC%

—

Return on equity%

—

Return on assets%

—

2.44

EPS₹

—

(8.83)

(13.86)

(9.51)

3.95

2.44

2.07

(38.17%)

—

(38.17)

EPS growth%

—

(57.04)

31.41

141.56

(38.17)

(15.19)

(3.38)

—

Bookvalue per sh₹

—

FCF per share₹

—

Dividend per sh₹

—

Div yield (avg)%

—

Payout ratio%

—

50.95

Shares (diluted)M

—

46.92

50.95

◌50.95

2.08%

(8.59)

Buyback yield%

—

(8.59)

◌—

—

D/E ratiox

—

3.052

Enterprise value₹B

—

0.572

0.579

0.650

1.570

3.577

3.052

58.14%

—

LT debt₹M

—

Peers (US$31.79M)

Cap (US$)

Bella Casa Fashion…

32.37M

18.12x

Le Merite Exports…

31.92M

—

Axita Cotton Limited

29.42M

31.36x

Bilici Yatirim Sanayi…

31.74M

18.48x

Capital

TTM

10Y

Leveragex

—

EBIT/Intx

0.383

(1.109)

Own earn%

—

Sh yield%

(8.59)

—

Owners

Insiders/Inst%

58.59

—

Short interest%

—

SBC / revenue%

—

Record

10Y

Profitable years

2/5

Revenue growth years

1/4

EPS growth years

2/4

Dividend streakyrs

Op margin range%

−196–0

$1 testx

—

Incr. ROIC%

—

Varvee Global Limited engages in the manufacture and sale of fabrics in India and internationally. The company offers poplin, oxford, twill, dobby, chambray, and satin weaves, as well as other denims. It also offers non denim, suiting, canvas, and shirting fabrics, as well as cotton yarns and fibers. The company was formerly known as Aarvee Denims and Exports Ltd.

Growth vs revenue

Latest

Trend

4Y CAGR

Rel growth

Revenue

₹630.0M

(37.82%)

1.00×

Cost of revenue

₹221.4M

(47.16%)

0.52×

Operating expenses

₹405.7M

(30.38%)

1.57×

Revenue by region

No breakdown available

Reinvestment returns

n/m

Trend

Reinvestment rate

n/m

Return on capital

n/m

Spread over hurdle

n/m