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V

Varvee Global VGL.NS · INR

Consumer Discretionary · NSE · 🇮🇳 India

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60.30

+4.43%

Close of 9 Nov 2026, in INR

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Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.

At a glance

Figures in INR, from our data supplier.

FY2026

Revenue

₹628.0m

FY2017FY2026

Net income

₹124.5m

FY2017FY2026

Free cash flow

−₹8.8m

FY2017FY2026

Shareholders' equity

₹770.1m

FY2017FY2026

Income statement

Fiscal years

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Revenue₹628.0m₹424.5m₹844.1m₹2.59bn₹4.10bn₹2.63bn₹5.61bn₹7.48bn₹8.24bn₹8.38bn
Operating income₹586,000₹456.5m−₹363.1m−₹507.7m−₹354.5m−₹506.0m−₹17.0m₹452.3m₹468.1m₹401.7m
Net income₹124.5m₹185.4m−₹446.2m−₹650.5m−₹414.2m−₹641.9m−₹419.3m₹10.9m₹56.1m₹11.9m
Diluted earnings per share2.423.60-19.02-27.71-17.67-27.36-17.880.462.440.50

Balance sheet

At each fiscal year end

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Total assets₹1.84bn₹2.04bn₹4.38bn₹5.28bn₹6.29bn₹7.11bn₹8.43bn₹9.49bn₹9.19bn₹8.29bn
Cash and short-term investments₹33.6m₹154.1m₹22.2m₹1.6m₹98.6m₹134.3m₹10.5m₹20.2m₹19.2m₹187.2m
Total liabilities₹1.07bn₹1.69bn₹4.21bn₹4.66bn₹5.02bn₹5.43bn₹6.12bn₹6.76bn₹6.47bn₹5.61bn
Debt₹28.8m₹942.6m₹2.78bn₹3.97bn₹4.13bn₹4.33bn₹4.19bn₹4.34bn₹3.79bn₹3.55bn
Shareholders' equity₹770.1m₹357.4m₹172.0m₹614.0m₹1.26bn₹1.68bn₹2.31bn₹2.73bn₹2.72bn₹2.68bn
Shares outstanding52m52m23m23m23m23m23m23m23m24m

Cash flow

Fiscal years

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Cash from operations₹37.5m₹274.7m₹1.10bn₹396.5m₹125.2m₹454.1m₹645.9m₹505.7m₹377.7m₹966.0m
Capital spending−₹46.3m−₹147.6m−₹734.6m—−₹21.4m−₹2.5m−₹23.9m−₹634.0m−₹175.2m−₹368.6m
Free cash flow−₹8.8m₹127.1m₹364.6m₹396.5m₹103.8m₹451.6m₹622.0m−₹128.3m₹202.5m₹597.5m
Dividends paid—————————−₹253,000

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
Revenue₹82.6m₹233.8m₹121.4m₹278.3m−₹5.5m₹75.0m₹59.4m₹154.8m
Operating income−₹74.9m−₹74.5m−₹26.9m₹123.1m−₹21.1m−₹528.5m−₹235.7m−₹58.0m
Net income−₹65.6m−₹285.9m₹53.5m₹102.1m₹254.8m−₹53.6m−₹69.4m₹82.7m
Diluted earnings per share-1.27-5.551.041.984.94-1.04-2.963.52
Cash from operations———₹44.0m————
Capital spending———−₹1.0m————
Free cash flow———₹43.0m————
Total assets—₹1.84bn—₹2.07bn—₹2.04bn—₹3.52bn
Cash and short-term investments₹36.6m₹36.6m₹21.5m₹70.7m₹148.9m₹154.1m₹48.6m₹48.6m
Debt—₹28.8m—₹281.0m—₹942.6m—₹732.3m
Shareholders' equity₹770.1m₹770.1m₹1.02bn₹1.02bn₹357.4m₹357.4m₹480.5m₹480.5m

Financial ratios

Data as of 22 Oct 2026

FY2026FY2025FY2024FY2023FY2022FY2021FY2020
Operating margin31.6%107.5%-43.0%-19.6%-8.4%-16.8%—
Net margin19.8%43.7%-52.9%-25.1%-10.1%-24.5%—
Return on equity16.2%51.9%-259.4%-105.9%-32.8%-38.3%—
Return on assets6.8%9.1%-10.2%-12.3%-6.6%-9.0%—
Free cash flow yield2.8%14.1%134.7%—10.8%33.5%49.2%
Revenue growth47.9%-49.7%-67.4%-36.7%56.1%-53.2%—
Earnings growth-32.9%-141.6%-31.4%57.0%-35.5%53.1%—
Current ratio0.46x0.55x1.02x0.90x1.08x1.19x—
Debt to equity0.04x2.64x16.14x6.46x2.02x1.53x—
Equity ratio41.9%17.5%3.9%11.6%20.1%23.6%—
Interest coverage13.89x3.55x-0.99x-1.11x-0.80x-0.86x—
Buybacks as a share of market value0.0%-119.7%0.1%-0.1%0.1%-0.0%—

Growth per year

Compound annual rate

3 years5 years10 years
Revenue-37.7%-24.9%-22.7%
Operating income——-49.0%
Net income——5.9%

Average margins

Over each period

1 year3 years5 years10 years
Operating margin43.4%-9.2%-11.4%1.1%
Net margin29.4%-17.5%-16.4%-4.3%

Valuation history

At each fiscal year end

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Price to earnings23.020.1-3.0-0.5-0.7-0.5-0.515.15.249.2
Price to sales4.68.81.60.10.10.10.00.00.00.1

Dividends and splits

Per share, in the currency the company pays

Paid for 0 years. Last went ex-dividend on 30 Aug 2012.

FY2013FY2011FY2010
Paid in the year0.250.500.25
  • 2-for-1 split · 2 Mar 2026

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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