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Variman Global Enterprises Ltd (540570) Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating

BSE: 540570 NSE: | Trading | Small Cap

Variman Global Enter Share Price

3.83 0.18 (4.93%)
As on 10-Apr'26 16:59

Variman Global Enterprises Ltd (540570)

BSE: 540570 NSE:
Key Metrics
Market Cap
₹75 Cr.
P/E Ratio
28.54
Price to Book (P/B)
2.18
Price to Sales (P/S)
0.98
EV/EBITDA
14.35
Return on Capital Employed (ROCE)
4.58%
Current Price
₹3.8
Return on Equity (ROE)
1.19%
Return on Assets (ROA)
0.57%
Operating Profit Margin
-4.1%
Net Profit Margin
0.61%
Gross Profit Margin
1.6%
Book Value per Share
₹1.8
Sales Growth (YoY)
20.07%
Sales Growth (3 Years)
37.75%
Operating Profit Growth (1 Year)
NA%
Operating Profit Growth (3 Years)
N/A%
Net Profit Growth (1 Year)
-28%
52-Week Low / High
₹3 / 18
Net Profit Growth (3 Years)
84.86%
Dividend Yield
0.00%
Promoter Holding
27.88%
Pledged shares (%)
of Promoter's holding (%)
11.06%

Check Before You Invest

Q.1
Variman Global Enterprises Ltd belongs to the Miscellaneous sector, operating specifically within the Trading segment.
Q.1 Gross Profit margin of Variman Global Enterprises Ltd?
Variman Global Enterprises Ltd Gross profit margin which is the profit after deduction of direct costs, is 1.6% for FY-2025 , which is above its 5 year median of 0% , indicating increasing margins.
Q.1 Promoter shareholding and pledge status of Variman Global Enterprises Ltd?
Promoters hold 27.88% of the Variman Global Enterprises Ltd, with 11.06% of their stake pledged, indicating high pledge risk.
Q.1 Revenue growth of Variman Global Enterprises Ltd vs industry peers?
Variman Global Enterprises Ltd revenue CAGR is 26.23% , compared to the industry median CAGR of 17.75% , indicating faster growth and gaining its market share.
Q.1 Stock return of Variman Global Enterprises Ltd over the last decade?
Over the last 9 years, the stock has delivered a CAGR of 0% based on the current price.
Q.1 Is Variman Global Enterprises Ltd a good quality company?
Variman Global Enterprises Ltd is a quality company, based on a 10 year financial track record .

DeciZen - make an informed investing decision on Variman Global Enter

Based on:

M-Cap below 100cr DeciZen not available

Variman Global Enterprises stock performance

Key Ratios
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Is Variman Global Enterprises Ltd an attractive stock to invest in?

1. Is Variman Global Enterprises Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Variman Global Enterprises Ltd is a below average quality company.

2. Is Variman Global Enterprises Ltd undervalued or overvalued?

The key valuation ratios of Variman Global Enterprises Ltd's currently when compared to its past seem to suggest it is in the Undervalued zone.

3. Is Variman Global Enterprises Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Variman Global Enterprises Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray :

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.
Variman Global Enterprises Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 4.9%-10.2%1%1.2%3.3%6.3%2.2%7.9%5.1%4.6%-
Value Creation
Index
-0.7-1.7-0.9-0.9-0.8-0.6-0.8-0.4-0.6-0.7-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 3.31.80.65.818.722.122.951.249.959.977
Sales YoY Gr.--44.4%-66.7%842.6%225.2%18%3.9%123.5%-2.6%20.1%-
Adj EPS 0-0.1-000000.1000.1
YoY Gr.--333.3%NANA0%100%-100%NA-57.1%-33.3%-
BVPS (₹) 0.70.60.60.90.90.91.11.51.61.61.8
Adj Net
Profit
0.1-0.4-00.10.20.30.11.30.50.43
Cash Flow from Ops. 0.1-0.4-0.8-5.20.6-0.8-6.8-9.2-6.2-18.4-
Debt/CF from Ops. 0.1-0.4-0.3-0.33.5-3-0.4-0.8-2-0.8-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 38.1%26.2%37.8%20.1%
Adj EPS -4.4%14.9%NA-33.3%
BVPS10%12.2%13.2%1.3%
Share Price - 4% -34.9% -61.9%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
3.9-11.3-0.211.52.10.35.11.717.8
Op. Profit
Mgn %
9.1-14.9-14.5-4.13.22.9-1.62.4-0.5-4.11.5
Net Profit
Mgn %
4.1-20.5-0.81.51.21.40.32.510.63.3
Debt to
Equity
00.10.10.10.10.20.20.20.40.5-
Working Cap
Days
2717983,499468172206238188291312146
Cash Conv.
Cycle
2132745139051434635454684

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 7.80%

Sales growth is growing at healthy rate in last 3 years 37.75%

Sales growth is good in last 4 quarters at 28.23%

Net Profit has been subdued in last 3 years 0.00%

Latest Financials

Standalone Consolidated
TTM EPS (₹) 0.1 0.1
TTM Sales (₹ Cr.) 76.6 110
BVPS (₹) 1.8 1.8
Reserves (₹ Cr.) 15 17
P/BV 2.18 2.14
PE 28.54 27.10
From the Market
52 Week Low / High (₹) 2.75 / 18.00
All Time Low / High (₹) 0.44 / 34.00
Market Cap (₹ Cr.) 74.7
Equity (₹ Cr.) 19.5
Face Value (₹) 1
Industry PE 24.2

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *1.511.5112.4710.9610.9610.9611.0011.0111.0411.06
* Pledged shares as % of Promoter's holding (%)

Valuation of Variman Global Enter - 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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Analyst's Notes

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Key Ratios

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales3.291.830.615.7518.7022.0722.9351.2449.9259.94
Operating Expenses + 2.992.100.705.9818.1021.4223.3050.0250.1662.39
Manufacturing Costs0.01000.010.010000.010.59
Material Costs2.881.570.465.4716.7619.7321.1446.7844.0754.64
Employee Cost 00.090.010.320.761.061.132.282.984.15
Other Costs 0.110.440.220.180.580.631.030.963.113.01
Operating Profit 0.30-0.27-0.09-0.230.600.65-0.381.22-0.24-2.44
Operating Profit Margin (%) 9.1%-14.9%-14.5%-4.1%3.2%2.9%-1.6%2.4%-0.5%-4.1%
Other Income + 000.180.390.030.570.911.232.635.32
Exceptional Items 0000000000
Interest 00.030.0400.240.180.370.771.391.85
Depreciation 0.140.080.060.040.080.130.080.070.380.54
Profit Before Tax 0.17-0.38-00.120.310.910.081.600.620.49
Tax 0.03-0.0100.030.080.260.030.320.120.12
Profit After Tax 0.13-0.37-00.090.230.660.061.280.500.36
PAT Margin (%) 4.1%-20.5%-0.8%1.5%1.2%3.0%0.3%2.5%1.0%0.6%
Adjusted EPS (₹)0.0-0.10.00.00.00.00.00.10.00.0
Dividend Payout Ratio (%)0%0%0%0%0%38%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + 3.513.143.1314.7114.9415.3419.5228.8130.3030.66
Share Capital 5.255.255.2516.7416.7416.7417.9919.4019.4619.46
Reserves -1.74-2.12-2.12-2.03-1.81-1.401.539.4110.8411.20
Debt +0.010.170.251.391.962.372.966.9112.5914.76
Long Term Debt000.130.100.540.181.383.905.9014.76
Short Term Debt0.010.170.121.281.422.201.583.016.690
Minority Interest0000000000
Trade Payables0.090.220.9302.115.201.2411.2111.9713.71
Others Liabilities 0.153.072.150.150.370.791.431.120.7913.79
Total Liabilities 3.766.606.4616.2419.3723.7025.1648.0555.6472.92

Fixed Assets

Net Fixed Assets +1.190.810.140.100.290.250.171.242.162.99
Gross Block1.601.300.700.700.961.061.062.213.504.87
Accumulated Depreciation0.410.490.560.600.680.810.890.961.341.88
CWIP 0000.121.041.120.950.960.961.59
Investments 0007.335.324.974.595.946.117.06
Inventories0.190.090.530.422.832.461.654.817.847.45
Trade Receivables1.970.850.981.833.536.634.4713.4611.0916.46
Cash Equivalents 0.170.200.110.160.240.420.290.510.310.20
Others Assets 0.244.654.696.286.137.8613.0421.1227.1737.18
Total Assets 3.766.606.4616.2419.3723.7025.1648.0555.6472.92

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + 0.10-0.42-0.78-5.150.57-0.81-6.78-9.22-6.16-18.43
PBT 0.17-0.38-00.120.310.910.081.600.620.49
Adjustment 0.140.080.060.040.29-0.26-0.36-0.38-0.861.62
Changes in Working Capital -0.14-0.12-0.84-5.310.06-1.19-6.47-10.12-5.79-20.41
Tax Paid -0.06000-0.09-0.27-0.03-0.32-0.12-0.13
Cash Flow From Investing Activity + -0.010.300.60-7.44-0.400.751.35-1.291.17-2.18
Capex -0.010.300.60-0.12-1.19-0.170.16-1.16-1.29-2
Net Investments 000-7.330.770.840-1.35-0.17-0.95
Others 000-00.030.081.191.232.630.77
Cash Flow From Financing Activity + 00.160.0812.65-0.100.245.2910.734.7920.50
Net Proceeds from Shares 00011.49004.138.010.990
Net Proceeds from Borrowing 0000000000
Interest Paid 0000-0.24-0.18-0.37-0.77-1.39-1.85
Dividend Paid 0000000000
Others 00.160.081.160.140.411.543.495.1822.35
Net Cash Flow 0.100.04-0.090.050.070.18-0.130.22-0.20-0.11

Finance Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)3.92-11.25-0.150.981.534.340.335.281.681.19
ROCE (%)4.86-10.240.951.23.36.32.27.945.074.58
Asset Turnover Ratio0.860.350.090.511.251.211.131.551.030.98
PAT to CFO Conversion(x)0.77N/AN/A-57.222.48-1.23-113-7.2-12.32-51.19
Working Capital Days
Receivable Days22828254389447173588380
Inventory Days212718330273727214344
Payable Days28374540466856499686

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Variman Global Enterprises Ltd FAQs

The current trading price of Variman Global Enter on 10-Apr-2026 16:59 is ₹3.83.

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 09-Apr-2026 the market cap of Variman Global Enter stood at ₹74.72 Cr

The latest P/E ratio of Variman Global Enter as of 09-Apr-2026 is 28.54.

The latest P/B ratio of Variman Global Enter as of 09-Apr-2026 is 2.18.

The 52-week high of Variman Global Enter is ₹18.00 and the 52-week low is ₹2.75.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Variman Global Enter is ₹76.59 ( Cr.) .

About Variman Global Enterprises Ltd

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