Varvee Global Limited

Varvee Global Limited

55.00
INR
-2.00
(-3.51%)
-3.80EPS
3.28BMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
142.41
152.72
176.8
178.51
175.71
159.4
119.64
55.95
87.36
55.26
17.99
9.03
12.27
13.89
Basic EPS, GAAP
0.68
0.04
1.5
0.25
1.2
0.23
-8.94
-14.95
-13.32
-13.86
-9.51
3.95
2.44
-3.8
Free Cash Flow per Basic Share
9.46
8.19
7.12
12.73
4.32
-2.74
13.26
9.62
2.21
8.45
23.43
5.86
0.08
- -
Dividend per Share
-0.01
- -
- -
-0.01
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
54.92
54.55
56.24
57.05
57.91
58.21
49.23
35.73
26.93
13.09
3.67
7.62
14.95
- -
Tangible Book Value per Share
54.91
54.54
56.24
56.89
57.75
58.09
49.15
35.71
26.92
13.08
3.67
7.62
14.94
- -
Basic Weighted Avg Shares
47
47
47
47
47
47
47
47
47
47
47
47
51
52
Sales/Revenue/Turnover
6,682
7,166
8,295
8,375
8,244
7,479
5,613
2,625
4,099
2,593
844
423
625
716
Operating Margin (%)
7.76
5.56
5.63
4.83
5.79
6.6
-0.3
-18.15
-8.66
-19.21
-47.05
-165.04
0.47
-7.43
Depreciation Expense
328
307
306
331
329
340
384
321
263
253
117
44
53
49
Net Income, GAAP
32
2
70
12
56
11
-419
-702
-625
-650
-446
185
124
-196
Effective Tax Rate (%)
50.37
94.47
16.93
44.33
12.02
36.94
- -
- -
- -
- -
- -
43.48
32.35
337.52
Profit Margin (%)
0.48
0.03
0.85
0.14
0.68
0.15
-7.47
-26.73
-15.25
-25.09
-52.85
43.79
19.91
-27.36
Working Capital
-34
-249
-365
-375
248
497
427
684
278
-294
69
-541
-432
- -
LT Debt
1,064
597
456
420
832
1,326
1,418
1,756
1,573
1,664
1,442
487
1
- -
Total Equity
2,577
2,560
2,639
2,677
2,717
2,731
2,310
1,676
1,263
614
172
357
770
- -
Return on Invested Capital (%)
0.37
0.03
1.07
0.17
6.62
4.57
- -
- -
- -
- -
- -
10.89
1.28
- -
Return on Capital (%)
2.86
0.28
5.23
3.09
6.04
4.14
- -
- -
- -
- -
- -
11.96
12.35
- -
Return on Common Equity (%)
1.24
0.07
2.7
0.45
2.08
0.4
-16.63
-35.2
-42.53
-69.3
-113.53
70.06
22.08
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
28
- -
LT Borrowings
- -
1
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
52
52
52
Market Capitalization
3,713
2,395
3,282

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
633
- -
Cash, Cash Equivalents & STI
- -
114
- -
Accounts Receivable, Net
- -
160
- -
Inventories
- -
177
- -
Total Current Liabilities
- -
1,065
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
28
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
3.59%
15.05%
115.47%
Free Cash Flow
-55.41%
41.73%
-98.49%
Net Income, GAAP
-388.69%
-42.54%
-32.87%
Sales/Revenue/Turnover
-13.83%
-10.04%
47.67%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
135
155
59
75
423
2026
-6
278
121
234
625
2027
83
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
4.81
1.76
-1.48
-1.89
3.95
2026
4.94
1.98
1.04
-5.55
2.44
2027
-1.27
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
2027
- -
- -
- -
- -
- -

Company Description

CEO
Jaimin Kailash Gupta
Full Time Employees
85
Sector
Process industries
Industry
Textiles
Address
188/2 Ahmedabad GU India 382405
IPO Date
Oct 3, 2025
Business
Varvee Global Ltd. is a diversified textile manufacturer and fabric producer specializing in denim and non-denim fabrics for domestic and international markets, with headquarters in Ahmedabad, India, and established operations dating back to its founding year as Aarvee Denims and Exports Limited. The company engages in the design, development, production, and sale of a broad range of fabrics across value-added segments, including denim, non-denim shirting and suiting fabrics, and related textile products, serving global apparel and industrial customers. Main products and services: in-house and contracted production of denim fabrics; non-denim fabrics including shirting and suiting blends; yarn procurement and in-house yarn manufacturing capabilities for captive use; fabric finishing, dyeing, and finishing services; value-added textile solutions such as specialty weaves, finishes, and patterning; contract manufacturing and private-label customization for textile brands; export of fabrics to international markets; domestic distribution through dealer networks and B2B channels; design, development, and sourcing support for global fashion and industrial textile customers; supply chain and quality control services to ensure compliance with international standards. Latest major company changes: rebrands and strategic repositioning from Aarvee Denims and Exports Limited to Varvee Global Limited, signaling broader diversification beyond denim into non-denim fabrics; capacity expansion in the non-denim segment, with a target to reach monthly production of 18 lakh meters and plans to scale to 50 lakh meters per month to meet rising demand; enhanced manufacturing efficiency and streamlined operations to reduce reliance on external debt and improve profitability; expansion of dealer networks domestically and efforts to broaden export markets, alongside ongoing initiatives to strengthen value-added fabric capabilities and product innovation; corporate reorganizations and capital structure adjustments aimed at strengthening balance sheet and supporting growth initiatives. Additional context: Varvee Global operates in the textiles industry with a focus on value-added fabrics for fashion and industrial applications; it targets mid- to high-end markets in India and key international markets with a growing emphasis on exports; the company emphasizes expanding capacity, improving turnaround times, and expanding its distributor and customer base; it maintains in-house capabilities for yarn production and fabric finishing, while pursuing strategic partnerships and market expansion to support its growth trajectory. The rebranding aligns with its strategy to broaden product scope and geographic reach, and the company maintains relationships with multiple subsidiaries and a parent corporate ecosystem as it scales its operations.