Varyaa Creations Ltd (544168) Stock Analysis: Valuation, Latest Results, Financial Ratios & DeciZen Rating

BSE: 544168 | NSE: | Diamond & Jewellery | Small Cap

Varyaa Creations Share Price

38 1.00 2.70%
as on 05-Dec'25 15:31

Varyaa Creations Ltd (544168) Stock Analysis: Valuation, Latest Results, Financial Ratios & DeciZen Rating

BSE: 544168 | NSE: | Diamond & Jewellery | Small Cap

DeciZen - make an informed investing decision on Varyaa Creations

Based on:

M-Cap below 100cr DeciZen not available

Varyaa Creations stock performance -

Key Ratios
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P/E Ratio (SA):
42.10
Market Cap:
17.7 Cr.
52-wk low:
34.3
52-wk high:
108

Is Varyaa Creations Ltd an attractive stock to invest in?


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10 Year X-Ray of Varyaa Creations: Login to view analysis.

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Varyaa Creations Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Value Creation Index Colour Code Guide

Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % -1.3%58.5%266.4%191.9%6.5%-
Value Creation
Index
NA3.218.012.7-0.5-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 0.12.55.221.431.331
Sales YoY Gr.-2,644.4%111.7%309.2%46.5%-
Adj EPS -0.41.72.38.80.90.9
YoY Gr.-NA36.3%282.1%-89.9%-
BVPS (₹) -2.3-0.61.710.549.349.3
Adj Net
Profit
-0.10.60.830.40
Cash Flow from Ops. 0.10.13.8-3.7-19.5-
Debt/CF from Ops. 31.64.8000-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales NANA133.2%46.5%
Adj EPS NANA-19.4%-89.9%
BVPSNANANA371.2%
Share Price - - - -59.6%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
16.9-119.6394.8143.53.11.8
Op. Profit
Mgn %
-59.92518.716.92.9NAN
Net Profit
Mgn %
-144.523.515.114.11.31.3
Debt to
Equity
-3.7-2.3000-
Working Cap
Days
02656152101970
Cash Conv.
Cycle
0-8387-1241350

Recent Performance Summary

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Latest Financials - Varyaa Creations Ltd.

Standalone Consolidated
TTM EPS (₹) 0.9 -
TTM Sales (₹ Cr.) 31.3 -
BVPS (₹.) 49.3 -
Reserves (₹ Cr.) 19 -
P/BV 0.75 -
PE 42.10 -
From the Market
52 Week Low / High (₹) 34.26 / 108.00
All Time Low / High (₹) 34.26 / 299.25
Market Cap (₹ Cr.) 17.7
Equity (₹ Cr.) 4.8
Face Value (₹) 10
Industry PE 63.7

Management X-Ray of Varyaa Creations:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Valuation of Varyaa Creations - Standalone Basis

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Event Update

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Analyst's Notes

data not found
No data found!

Key Ratios of Varyaa Creations

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'21Mar'22Mar'23Mar'24Mar'25
Sales0.092.475.2321.4031.34
Operating Expenses 0.141.854.2517.7930.44
Manufacturing Costs0000.100.25
Material Costs0.061.764.2017.2029.24
Employee Cost 0.080.070.040.170.23
Other Costs 00.020.020.320.72
Operating Profit -0.050.620.983.610.90
Operating Profit Margin (%) -59.8%25.0%18.7%16.9%2.9%
Other Income 0.030.060.150.440
Interest 0.100.100.0200.02
Depreciation 00000.01
Exceptional Items 00000
Profit Before Tax -0.130.581.114.030.87
Tax 000.321.020.45
Profit After Tax -0.130.580.793.020.42
PAT Margin (%) -144.0%23.5%15.1%14.1%1.3%
Adjusted EPS (₹)-0.41.72.38.80.9
Dividend Payout Ratio (%)0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund -0.77-0.190.593.6123.63
Share Capital 0.150.150.153.454.79
Reserves -0.92-0.340.440.1618.84
Minority Interest00000
Debt2.840.45000
Long Term Debt00000
Short Term Debt2.840.45000
Trade Payables0.081.1219.083.070.24
Others Liabilities 0.040.070.331.821.64
Total Liabilities 2.181.4420.018.5125.51

Fixed Assets

Gross Block0.030.030.040.060.07
Accumulated Depreciation0.030.030.030.040.05
Net Fixed Assets 0000.020.02
CWIP 00000
Investments 00000
Inventories1.590.8915.728.1218.25
Trade Receivables00000.15
Cash Equivalents 0.020.013.800.060.15
Others Assets 0.580.530.480.316.95
Total Assets 2.181.4420.018.5125.51

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity 0.090.093.81-3.72-19.50
PBT -0.130.581.114.030.87
Adjustment 0.080.100.0300.01
Changes in Working Capital 0.14-0.583-6.74-19.93
Tax Paid 00-0.32-1.01-0.45
Cash Flow From Investing Activity 0.030-0-0.02-0.01
Capex 00-0-0.02-0.01
Net Investments 00000
Others 0.030000
Cash Flow From Financing Activity -0.10-0.10-0.02019.59
Net Proceeds from Shares 000020.10
Net Proceeds from Borrowing 00000
Interest Paid -0.10-0.10-0.0200
Dividend Paid 00000
Others 0000-0.51
Net Cash Flow 0.02-03.79-3.740.09

Finance Ratio

PARTICULARSMar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)N/AN/A394.75143.483.09
ROCE (%)N/AN/A266.44191.96.53
Asset Turnover Ratio0.041.370.491.51.84
PAT to CFO Conversion(x)N/A0.164.82-1.23-46.43
Working Capital Days
Receivable Days00002
Inventory Days6,406183580203154
Payable Days47812487823521

Varyaa Creations Ltd Stock News

Varyaa Creations Ltd FAQs

The current trading price of Varyaa Creations on 05-Dec-2025 15:31 is ₹38.00.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 04-Dec-2025 the market cap of Varyaa Creations stood at ₹17.72.
The latest P/E ratio of Varyaa Creations as of 04-Dec-2025 is 42.10.
The latest P/B ratio of Varyaa Creations as of 04-Dec-2025 is 0.75.
The 52-week high of Varyaa Creations is ₹108.0 and the 52-week low is ₹34.26.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Varyaa Creations is ₹31.34 ( Cr.) .

About Varyaa Creations Ltd

Varyaa Creations Limited was originally incorporated as Kalgi India Private Limited on July 14, 2005 under the Companies Act, 1956 vide certificate of incorporation issued by the Registrar of Companies, Mumbai. Subsequently the name of the company was changed from ‘Kalgi India Private Limited’ to ‘Varyaa Creations Private Limited’ under the Companies Act, 2013 pursuant to a special resolution passed by its shareholders at the EGM held on July 04, 2016 and had obtained fresh certificate of incorporation July 19, 2016 issued by the Registrar of Companies, Mumbai. Thereafter, the company was converted in to a public company and consequently name was changed from ‘Varyaa Creations Private Limited’ to ‘Varyaa Creations Limited’ under the Companies Act, 2013 pursuant to a special resolution passed by its shareholders at the EGM held on July 19, 2023 and had obtained fresh certificate of incorporation August 18, 2023 issued by the Registrar of Companies, Mumbai.

The company is engaged in the business of wholesale trading of gold, silver, precious stone, and semi-precious stone. The company also intends to focus on manufacturing and selling of jewellery‘s. The company manufactures its jewellery through job worker located in Mumbai. The company has earned its revenues from wholesale trading of gold, silver, precious stone, semiprecious stone and from sales of jewellery. Currently, its products are sold only through the offline market, i.e. from its registered office located in Mumbai. Its customers can also make inquiry through its online platform www.varyaacreations.com. The major raw material used for making its products is gold, precious stones, gemstones, semi-precious stone, silver etc. which is further provided to the job worker who manufacture the jewellery for the company. 

The job worker manufactures its products as per design and pattern provide by the company. Designing of its products are done in-house. It has not entered into any formal contract or agreement with the job worker. It gets its products manufactured based on the orders basis and as and when need basis. It procures gold, silver, gemstones, precious and semi-precious stones majorly through the bullion market and jewellery market dealers located in Mumbai. Its jewellery is widely sold through B2B and B2C platform. It also sells customized jewellery to customers. It offers its jewellery across different price points so as to maximize its potential customer base. It endeavours to maintain the finishing and quality of its jewellery by ensuring control quality, timely delivery and competitive prices. Its product portfolio includes Necklace, Earring, Tops, Ring, Bracelet, Bangles, Gemstones, Diamonds, Lab Grown diamonds, Pearls and it also make customized jewelleries as per customer’s needs.

Business area of the company

The company is engaged in the business of wholesale trading of gold, silver, precious stone, and semi-precious stone. Its product portfolio includes Necklace, Earring, Tops, Ring, Bracelet, Bangles, Gemstones, Diamonds, Lab Grown diamonds, Pearls and it also make customized jewelleries as per customer’s needs.

Products of the company

  • Necklace
  • Earring
  • Ring
  • Bracelet
  • Bangles
  • Gemstones
  • Diamonds
  • Lab grown diamonds
  • Pearls

History and milestones

  • 2005: Incorporated under Companies Act 1956 as Kalgi India Private Limited.
  • 2016: Change in the name of the company from ‘Kalgi India Private Limited’ to ‘Varyaa Creations Private Limited’.
  • 2023: Conversion of Private to Public from ‘Varyaa Creations Private Limited’ to ‘Varyaa Creations Limited’. 

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