VARVEE GLOBAL share price, P/E, ROE & financials

As of 6 Nov 2026, VARVEE GLOBAL is loss-making on a trailing 12-month basis, with a net loss of ₹23 Cr, so it has no P/E ratio. The share price is ₹57.74, 32% below its 52-week high. Sales fell 38% a year over 3 years. It carries very little debt. It is a small-cap company with a market cap of ₹298 Cr, ranked 74th of 246 Textile Manufacturing companies by market cap; the shares fell 19% over the past year.

As of 6 Nov 2026Prices are delayed about 15 minutes; fundamentals are from the quarter ended Sep 2026.How we calculate this

past year

Open: ₹55.80
Day high: ₹60.95
Day low: ₹54.13
Prev. close: ₹55.64
Volume: 3.1 L

Health check

2 good · 4 to check

ReturnsBehind
−18.6% over a year, better than 0 of 7 peers.
Price tagLoss-making
Earnings were negative over the last 12 months.
GrowthShrinking
Sales −37.7% a year over 3 years.
ProfitabilityStrong
ROCE 24.8% vs peer median 10.7%.
Balance sheetSolid
Debt 0.05× equity, interest covered 25.2×, Piotroski 6 of 9.
Red flags5 to check
Loss-making over the last twelve months.

Compared with 7 industry peers. Computed from reported figures. Educational, not a recommendation.

Textile Manufacturing

245 listed peers. Screen the industry

Small cap

₹298 Cr, #74 of 246 in its industry by size.

Defensive

Beta 0.56 vs the NIFTY 50: moves less than the market.

Key metrics

Last 12 months to Sep 2026: sales ₹64 Cr · profit ₹−23 Cr

Market cap: ₹298 Cr; Small cap
P/E: n/a; Industry 17.0
Price to book: 3.77; Peers 3.81
Dividend yield: 0.00%
ROE: −25.4%; Peers 10.1%
ROCE: 24.8%; Peers 10.7%
Debt to equity: 0.05; Debt ₹4.08 Cr
EPS (TTM): −₹4.60; Face value ₹5
OPM (TTM): −18.0%; Net margin −36.2%
Sales growth: −29.5%; Latest quarter vs a year ago
Profit growth: −33.5%; Latest quarter vs a year ago
Price to sales: 4.68; EV/EBITDA −26.7

Strengths

Return on capital employed of 24.8%.
Practically debt-free.
Positive operating cash flow in each of the last 4 years.

Risks to check

Loss-making over the last twelve months.
Return on equity is low at −25.4%.
Quarterly profit down 33.5% on a year ago.
Quarterly sales down 29.5% on a year ago.
32% below its 52-week high.

Derived automatically from reported figures. Not a recommendation.

About VARVEE GLOBAL

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. and changed its name to Varvee Global Limited in August 2025. Varvee Global Limited was…

Headquarters: Ahmedabad
Employees: 85
Sector: Consumer Cyclical
ISIN: INE273D01027
Website: varveeglobal.com

Price range

52 weeks

₹43.70₹84.75

Today

₹54.13₹60.95

Avg volume (3M): 1.2 L
1-year return: minus 18.6%
From 52-week high: minus 31.9%

Peers · Textile Manufacturing

Compare with peers Screen the whole industry

Company
KPRMILLK.P.R. Mill	1,164.40	minus 0.25%	39,883	38.3	6.41	20.0%	18.0%	22.1%	2.3%	2.1%	0.43%	plus 10.5%
WELSPUNLIVWelspun Living	241.30	minus 4.75%	22,717	52.8	4.47	5.8%	8.8%	28.7%	5.7%	0.9%	0.04%	plus 96.2%
VTLVardhman Textiles	508.80	minus 4.89%	14,729	14.3	1.38	8.6%	7.3%	13.7%	−0.8%	−2.1%	0.98%	plus 22.2%
ARVINDArvind	494.75	minus 0.58%	12,969	28.4	3.10	15.4%	11.1%	10.9%	3.4%	0.8%	0.91%	plus 57.3%
TRIDENTTrident	23.88	plus 0.08%	12,168	25.4	2.53	10.7%	10.1%	14.9%	1.8%	−5.1%	2.09%	minus 16.6%
ICILIndo Count Industries	489.85	minus 2.25%	9,702	39.8	3.81	9.5%	5.5%	9.7%	11.6%	−22.9%	0.31%	plus 78.7%
GARFIBRESGarware Technical Fibres	715.65	minus 2.13%	6,988	29.8	4.97	19.3%	15.3%	19.2%	5.6%	4.9%	1.26%	minus 3.9%
VGLVARVEE GLOBAL	57.74	plus 3.77%	298	–	3.77	24.8%	−25.4%	−18.0%	−37.7%	–	0.00%	minus 18.6%
Median of 7 peers	–	−2.13%	12,969	29.8	3.81	10.7%	10.1%	14.9%	3.4%	0.8%	0.91%	22.2%

Quarterly results

Consolidated, ₹ crore

SalesSelect a row below to chart it

Sep 25	Dec 25	Mar 26	Jun 26	Sep 26
27.8	12.1	23.4	8.3	19.6
14	13.6	29.3	15.1	16.8
13.8	−1.5	−5.9	−6.9	2.8
49.7%	−12.1%	−25.2%	−83.2%	14.5%
6.5	21.6	−15.2	0.6	8.1
0	0	0	0	0.1
1.5	1.2	1.6	0.6	0.6
18.8	18.9	−22.6	−6.9	10.3
45.7%	71.8%	−26.3%	4.6%	34.1%
10.2	5.3	−28.6	−6.6	6.8
1.98	3.68	-8.32	-1.27	1.32

Profit & loss

Yearly, ₹ crore

Sales CAGR 3Y: −37.7%
ROE: −25.4%

Net profitSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
259	84.4	42.3	62.5
–	minus 67.4%	minus 49.8%	+47.7%
284	112	108	56.9
−24.5	−28	−65.5	5.6
−9.5%	−33.2%	−154.8%	9.0%
−3.8	1.5	4.1	17.2
44.7	35.9	12.1	0.8
25.3	11.7	4.4	5.3
1.6	1.2	111	1.7
−96.7	−73	32.8	18.4
28.3%	38.9%	43.5%	32.4%
−65	−44.6	18.5	12.4
-13.87	-9.51	3.95	2.44

EPS is shown as reported. The EPS CAGR above adjusts earlier years for the 2:1 on Mar 2026 split/bonus; dilution from new shares is not adjusted.

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore

Total assetsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
23.5	23.5	23.5	25.8
37.9	−6.3	12.3	51.2
397	278	94.3	2.9
69.9	144	74.4	104
528	438	204	184
204	72.5	68.2	44
1.5	0.2	–	0.8
–	0.2	–	10.4
0.2	2.2	13.4	3.4
322	363	123	125
528	438	204	184

Cash flow

Yearly, ₹ crore

Cash from operationsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
39.6	110	27.5	5
12.9	45.7	182	28.2
−62.3	−156	−196	−43.3
−9.7	0.1	13.2	−10.1
–	–	–	−4.6
39.6	110	27.5	0.4

Shareholding pattern

Source: NSE filings

65.6%

promoters

Promoters65.63%
Public34.37%
As of 30 Sep 2026

Quarter	Promoters	Public	Promoter change
30 Sep 2026	65.63%	34.37%	0.00
30 Jun 2026	65.63%	34.37%	0.00
31 Mar 2026	65.63%	34.37%	0.00
31 Dec 2025	65.63%	34.37%	0.00
30 Sep 2025	65.63%	34.37%	–

Major shareholders

NSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you