Loading…
VARVEE GLOBAL (VGL)₹60.30+0.65%Other Textile Products
In the Sep 2026 quarter (consolidated), VARVEE GLOBAL reported sales of ₹19.62 Cr, down 29.6% from Sep 2025, and net profit of ₹6.78 Cr, down 33.7% year on year. For the year to Mar 2026, sales were ₹63.01 Cr and net profit ₹11.99 Cr.
Company filings, consolidated accounts; latest reported quarter Sep 2026
| Sep 2025 | Jun 2026 | Sep 2026 | |
|---|---|---|---|
| Sales | 27.86 | 8.25 | 19.62 |
| Expenses | 14.02 | 15.15 | 16.80 |
| Operating Profit | 13.84 | −6.85 | 2.84 |
| OPM % | 49.8% | −83.0% | 14.6% |
| Other Income | 6.48 | 0.62 | 8.06 |
| Interest | 0.00 | 0.00 | 0.04 |
| Depreciation | 1.52 | 0.62 | 0.55 |
| Profit before tax | 18.75 | −6.84 | 10.27 |
| Tax % | 45.7% | −4.5% | 34.1% |
| Net Profit | 10.22 | −6.57 | 6.78 |
| EPS (Rs) | 1.97 | −1.26 | 1.31 |
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2026 | |
|---|---|---|---|---|
| Sales | 827 | 752 | 565 | 63.01 |
| Expenses | 749 | 671 | 530 | 57.13 |
| Operating Profit | 79.90 | 81.98 | 35.97 | 4.99 |
| OPM % | 10.0% | 11.1% | 6.0% | 9.1% |
| Other Income | 2.99 | 2.99 | 0.00 | 19.95 |
| Interest | 42.93 | 48.92 | 52.90 | 0.99 |
| Depreciation | 32.89 | 33.90 | 37.88 | 4.98 |
| Profit before tax | 5.98 | 1.99 | −55.77 | 17.93 |
| Tax % | 12.0% | 37.1% | −23.9% | 32.0% |
| Exceptional items | 0.10 | 0.00 | −1.80 | 0.00 |
| Net Profit | 6.01 | 1.01 | −41.99 | 11.99 |
| EPS (Rs) | 1.19 | 0.22 | −8.93 | 2.41 |
| Dividend payout % | 0.0% | 0.0% | 0.0% | 0.0% |
| Mar 2018 | Mar 2019 | Mar 2020 | |
|---|---|---|---|
| Equity Capital | 22.97 | 22.97 | 22.95 |
| Reserves | 247 | 249 | 207 |
| Borrowings | 379 | 434 | 419 |
| Other Liabilities | 269 | 242 | 194 |
| Total Liabilities | 920 | 949 | 843 |
| Fixed Assets | 364 | 390 | 351 |
| CWIP | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 |
| Other Assets | 556 | 559 | 491 |
| Inventories | 200 | 224 | 223 |
| Trade receivables | 296 | 289 | 236 |
| Cash & equivalents | 22.94 | 17.94 | 10.97 |
| Total Assets | 920 | 949 | 843 |
| Mar 2018 | Mar 2019 | Mar 2020 | |
|---|---|---|---|
| Cash from operating activity | 37.87 | 50.81 | 64.82 |
| Cash from investing activity | −18.96 | −52.86 | 4.99 |
| Cash from financing activity | −19.07 | 3.01 | −70.25 |
| Net cash flow | 0.00 | 0.00 | −1.01 |
| Capex | 17.51 | 63.43 | 2.40 |
| Free cash flow | 22.02 | −10.01 | 63.05 |
| CFO / OP % | 47.9% | 63.0% | 180.9% |
| Mar 2018 | Mar 2019 | Mar 2020 | |
|---|---|---|---|
| Debtor days | 130 | 140 | 152 |
| Inventory days | 146 | 189 | 234 |
| Days payable | 150 | 166 | 166 |
| Cash conversion cycle | 126 | 162 | 220 |
| Working capital days | 1 | 16 | 200 |
| ROCE % | — | 8.0% | 0.0% |
For the Sep 2026 quarter, VARVEE GLOBAL reported sales of ₹19.62 Cr, down 29.6% year on year and net profit of ₹6.78 Cr, down 33.7% year on year. The operating margin was 14.6%.
VARVEE GLOBAL's sales for the year to Mar 2026 were ₹63.01 Cr.
Net profit for the year to Mar 2026 was ₹11.99 Cr. Earnings per share over the same trailing period were ₹2.41.
VARVEE GLOBAL reported borrowings of ₹419 Cr at Mar 2020, against cash and equivalents of ₹10.97 Cr.
Cash from operations was ₹64.82 Cr in the year to Mar 2020; after capital spending, free cash flow was ₹63.05 Cr.