What is Varvee Global Ltd (VGL) share price return in the past 10 years?

Varvee Global Ltd share price has appreciated 8.5% annually (CAGR) over the past ten years.

What is the share price of Varvee Global Ltd (VGL)?

Company share prices are keep on changing according to the market conditions. The current trading price of Varvee Global Ltd (VGL) on 04-Jun-2026 16:59:59 at 16:59 is 66.51.

What is the P/E ratio of Varvee Global?

The latest standalone P/E ratio of Varvee Global as of 04-Jun-2026 is 27.53.

What is the P/B ratio of Varvee Global Ltd (VGL)?

The latest standalone P/B ratio of Varvee Global Ltd (VGL) as of 04-Jun-2026 is 4.45.

What is the 52-week high and low of Varvee Global Ltd (VGL)?

The 52-week high of Varvee Global Ltd (VGL) is Rs. 98.50 and the 52-week low is Rs. 44.25.

Varvee Global Ltd (VGL) Share Analysis – Quality, Valuation Zone & Price Trend & DeciZen Rating

Name: Varvee Global Ltd (VGL)
Brand: Varvee Global

Varvee Global Ltd (VGL)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 514274 NSE: VGL Textile - Weaving | Small Cap | Varvee Global Share Price

Varvee Global Ltd (VGL)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 514274 NSE: VGL Textile - Weaving | Small Cap | Varvee Global Share Price

Key Metrics

Valuation Multiples

Market Cap

₹343 Cr.

Current Price

₹66.5

52-Week Low / High

₹44 / 99

TTM EPS

₹2.4

TTM Sales

₹62.8 Cr.

Book Value per Share

₹15

P/E Ratio

27.53

Industry PE

17.2

Price to Book (P/B)

4.45

Higher than its 5-year historical median

Price to Sales (P/S)

5.46

Higher than its 5-year historical median

EV/EBITDA

13.60

Higher than its 5-year historical median

Dividend Yield

0.00%

Profitability Efficiency

Return on Equity (ROE)

70.06%

Outperforms industry median

Return on Capital Employed (ROCE)

21.49%

Outperforms industry median

Return on Assets (ROA)

7.51%

Operating Profit Margin

-211.8%

Net Profit Margin

43.68%

Gross Profit Margin

87.5%

Growth Momentum
1-yr vs 3-yr growth

Sales Growth (1 Year)

Improving versus 3-year growth rate

-49.9%

Operating Profit Growth (1 Year)

Net Profit Growth (1 Year)

Asset Quality

Promoter Holding

65.63%

Pledged shares (%) of Promoter's holding (%)

14.17%

Reserves

₹51 Cr.

Equity

₹25.8 Cr.

Face Value

₹5

All Time Low / High

₹0.12 / 98.50

Varvee Global stock performance

Key Ratios

Check Before You Invest

Quality

Locked

Valuation

Locked

Price Trend

Locked

Q.1 Is Varvee Global Ltd a good quality company?

Varvee Global Ltd is a average quality company, based on a somewhat consistent multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

How has it performed on generating Profits?
By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.
How efficiently has it utilized Capital?
By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.
How is it managing its Debt?
By checking its Debt to Equity and Cash Flow from Operations.

How does Varvee Global Ltd performance compare with that of its Peers?

Q.1 Revenue growth of Varvee Global Ltd vs industry peers?

Varvee Global Ltd revenue CAGR is -40.40%, compared to the industry median CAGR of 0.00%, indicating slower growth and losing its market share.

Q.1 Promoter shareholding and pledge status of Varvee Global Ltd?

Promoters hold 65.63% of the Varvee Global Ltd, with 14.17% of their stake pledged, indicating high pledge risk.

Q.1 Stock return of Varvee Global Ltd over the last decade?

Over the last 9 year(s), the stock has delivered a CAGR of 8.7% based on the current price.

10 Year X-Ray : 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

Value Creation ⓘ

	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
ROCE % ⓘ	7.2%	6.4%	7.8%	7.5%	-0.4%	-6.8%	-5.7%	-10.2%	-9.7%	21.5%	-
Value Creation Index ⓘ	-0.5	-0.6	-0.4	-0.5	-1.0	-1.5	-1.4	-1.7	-1.7	0.5	-
Growth Parameters ⓘ
Sales ⓘ	841	844	827	752	565	265	421	261	84.7	42.5	63
Sales YoY Gr.	-	0.4%	-2.1%	-9.1%	-24.9%	-53.1%	58.9%	-38%	-67.5%	-49.9%	-
Adj EPS ⓘ	1.8	0.6	1.1	0.3	-8.6	-15.6	-13.8	-14.6	-10.1	-16.2	2.4
YoY Gr.	-	-65.2%	69.8%	-69.2%	-2709.1%	NA	NA	NA	NA	NA	-
BVPS (₹) ⓘ	56.2	56.7	57.9	58.2	49.2	35.7	26.9	13.1	3.7	7.6	15
Adj Net Profit ⓘ	8.5	3	5	1.5	-40.4	-73.2	-64.5	-68.4	-47.3	-75.8	12
Cash Flow from Ops. ⓘ	74.9	110	37.8	50.6	64.6	45.4	12.5	39.7	110	27.5	-
Debt/CF from Ops. ⓘ	5.1	3.2	10	8.6	6.5	9.5	33	10	2.5	3.4	-

CAGR ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	-28.2%	-40.4%	-53.5%	-49.9%
Adj EPS ⓘ	-227.5%	NA	NA	NA
BVPSⓘ	-19.9%	-31.1%	-34.4%	107.6%
Share Price	8.5%	42.2%	83.9%	-5%

Key Financial Parameters ⓘ

	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
Return on Equity % ⓘ	3.3	1.1	1.9	0.6	-16	-36.7	-43.9	-72.9	-120.4	-286.4	21.4
Op. Profit Mgn % ⓘ	9.2	8.7	9.7	11	6.4	-7.4	-2.5	-9.5	-36.7	-211.8	8.6
Net Profit Mgn % ⓘ	1	0.4	0.6	0.2	-7.2	-27.6	-15.3	-26.2	-55.8	-178.6	19.9
Debt to Equity ⓘ	1.5	1.3	1.4	1.6	1.8	2.6	3.3	6.5	16.1	2.6	0
Working Cap Days ⓘ	180	189	213	261	331	617	334	434	1,176	1,446	75
Cash Conv. Cycle ⓘ	111	112	124	148	201	370	231	308	767	753	-94

Profit And Loss

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Sales	841	844	827	752	565	265	421	261	85	42
Operating Expenses ⓘ +	764	772	747	669	531	285	431	289	116	132
Manufacturing Costs	167	172	161	157	119	50	86	57	15	12
Material Costs	506	510	501	432	347	199	280	192	81	86
Employee Cost	52	54	56	54	43	19	33	24	12	5
Other Costs ⓘ	38	36	29	25	22	16	32	17	8	29
Operating Profit ⓘ	77	72	80	82	34	-20	-10	-28	-31	-90
Operating Profit Margin (%)	9.2%	8.5%	9.7%	10.9%	6.0%	-7.4%	-2.5%	-10.8%	-36.8%	-211.0%
Other Income ⓘ +	4	2	3	3	2	6	4	3	7	140
Exceptional Items ⓘ	-5	0	0	0	0	0	0	0	0	0
Interest ⓘ	37	38	43	49	53	51	43	46	37	13
Depreciation ⓘ	31	33	33	34	38	28	25	25	12	4
Profit Before Tax ⓘ	8	3	6	2	-56	-93	-75	-97	-73	33
Tax ⓘ	1	1	1	1	-14	-23	-13	-27	-28	14
Profit After Tax	7	2	6	1	-42	-70	-63	-69	-45	19
PAT Margin (%)	0.8%	0.2%	0.7%	0.1%	-7.4%	-26.5%	-14.9%	-26.6%	-52.7%	43.7%
Adjusted EPS (₹)	1.5	0.4	1.2	0.2	-8.9	-15.0	-13.3	-14.8	-9.5	4.0
Dividend Payout Ratio (%)	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%

Valuation of Varvee Global - Standalone

YTD 1Y 3Y 5Y 10Y Max

Analyst's Notes

No data found!

Balance Sheet

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Equity and Liabilities
Shareholders Fund +	264	266	272	273	231	168	126	61	17	36
Share Capital ⓘ	23	23	23	23	23	23	23	23	23	23
Reserves ⓘ	240	243	248	250	208	144	103	38	-6	12
Debt +	348	339	377	429	411	420	391	370	247	82
Long Term Debt	46	42	83	133	142	175	157	166	144	49
Short Term Debt	302	297	293	296	270	245	234	204	103	33
Minority Interest	0	0	0	0	0	0	0	0	0	0
Trade Payables	125	152	208	197	158	87	77	57	52	18
Others Liabilities ⓘ	88	74	63	49	42	33	10	-14	41	1
Total Liabilities ⓘ	825	831	919	949	843	708	604	474	357	137
Fixed Assets
Net Fixed Assets ⓘ +	367	375	363	389	350	274	231	202	72	68
Gross Block	645	405	421	467	462	398	573	560	219	204
Accumulated Depreciation	278	30	58	78	112	124	343	358	146	136
CWIP ⓘ	1	5	0	0	0	0	1	1	0	0
Investments ⓘ	0	0	0	0	0	0	0	0	0	0
Inventories	177	159	200	223	222	154	156	121	90	8
Trade Receivables	212	240	295	288	235	208	166	124	100	8
Cash Equivalents	14	19	23	18	11	20	16	7	2	15
Others Assets ⓘ	54	34	38	31	25	53	34	19	93	38
Total Assets ⓘ	825	831	919	949	843	708	604	474	357	137

Cash Flow

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Cash Flow From Operating Activity ⓘ +	75	110	38	51	65	45	13	40	110	27
PBT ⓘ	8	3	6	2	-56	-83	-63	-94	-73	33
Adjustment ⓘ	76	75	78	83	93	80	63	69	47	-94
Changes in Working Capital ⓘ	-7	33	-45	-33	28	47	14	65	136	88
Tax Paid ⓘ	-2	-1	-1	-1	-1	1	-0	0	0	0
Cash Flow From Investing Activity ⓘ +	-38	-50	-19	-53	5	9	47	13	46	182
Capex	-40	-44	-15	-60	-2	4	46	13	45	182
Net Investments	0	0	-4	0	0	0	0	0	0	0
Others ⓘ	2	-6	1	7	6	4	0	0	0	0
Cash Flow From Financing Activity ⓘ +	-33	-63	-19	3	-70	-42	-63	-62	-156	-196
Net Proceeds from Shares ⓘ	0	0	0	0	0	0	0	0	0	0
Net Proceeds from Borrowing ⓘ	0	-4	-1	49	9	34	-18	9	-22	-95
Interest Paid ⓘ	-35	-38	-43	-49	-53	-51	-43	-46	-37	-13
Dividend Paid ⓘ	0	0	0	0	0	0	0	0	0	0
Others ⓘ	3	-22	25	3	-27	-25	-2	-25	-97	-88
Net Cash Flow ⓘ	5	-3	0	0	-1	12	-4	-10	0	13

Financial Ratio

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Ratios
ROE (%)	2.7	0.66	2.09	0.4	-16.63	-35.2	-42.53	-73.83	-113.53	70.06
ROCE (%)	7.2	6.37	7.83	7.51	-0.38	-6.78	-5.66	-10.18	-9.65	21.49
Asset Turnover Ratio	1.05	1.02	0.95	0.8	0.63	0.34	0.64	0.48	0.2	0.17
PAT to CFO Conversion(x)	10.71	55	6.33	51	N/A	N/A	N/A	N/A	N/A	1.42
Working Capital Days
Receivable Days	83.60	97.80	118.10	141.50	168.80	305	162.20	203.10	482.40	462.10
Inventory Days	74.50	72.50	79.10	102.70	143.90	258.90	134.50	193.90	453.10	419.80
Payable Days	70.80	92.30	117.60	155	180.10	225.70	106.80	127.40	246.30	148.60

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

51.00

55.18

86.55

100.00

14.17

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

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Varvee Global Ltd FAQs

The current trading price of Varvee Global on 04-Jun-2026 16:59 is ₹66.51.

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 03-Jun-2026 the market cap of Varvee Global stood at ₹342.7 Cr

The latest P/E ratio of Varvee Global as of 03-Jun-2026 is 27.53.

The latest P/B ratio of Varvee Global as of 03-Jun-2026 is 4.45.

The 52-week high of Varvee Global is ₹98.50 and the 52-week low is ₹44.25.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Varvee Global is ₹62.80 ( Cr.) .

Past 10 year's financial track record analysis by Moneyworks4me indicates that Varvee Global Ltd is a average quality company.

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

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

About Varvee Global Ltd

Varvee Global (Formerly Known as Aarvee Denims and Exports) is a public company domiciled in India and incorporated under the provisions of the Companies Act, 2013 (the Act erstwhile Companies Act, 1956). The registered office of the Company is located at Ahmedabad. The company is engaged in the manufacturing and selling of denim and non-denim Fabrics. The company caters to both domestic and international markets.

The company is a leading global player in the textile industry. The company’s in-house spinning, sizing, weaving, dyeing, & finishing capabilities with top-notch machines and advanced technologies offers stringent start-to-finish quality control at every step of the product manufacturing cycle. The company’s flexible and responsive vertically integrated production process gives it the ability to quickly respond to change in market demand by being able to produce distinct designs and weaves in short turnaround times. This ensures an end product that comfortably competes with the best in the world.

The company has a strong product development team with experienced fabric designers and product technologists. The team has an astute market knowledge in forecasting future trends. An extensive lab and quality control supports the R&D. Together these teams are organized and focused to provide high quality, innovative products and customized Fabric to its buyers.

Business area of the company

The company is engaged in the manufacturing and selling of denim and non-denim Fabrics. The company caters to both domestic and international markets. The company has its integrated productions of Yarn, Denim Fabric, Non-Denim Bottom Wear Fabric.

Products of the company

Basic Indigo Blue Denims
Ring Denims
Shirting Denims
Printed Denims
Stretch Denims
Satin Denims
Flat Finish Denims
Other Denims
High Fashion Denims
LYCRA dualFX Technology
Non-Denim Fabrics

History and milestones

2025: The company achieved bank debt-free status, eliminating interest liabilities and strengthening its financial position.
2025: Jaimin K. Gupta was appointed as CMD and the new management formally took control of the company.
2025: The company initiated strategic operational upgrades, including loom upgrades and introduction of a new ERP system commenced.
2025: The company launched Consultation and Advisory division.
2025: Shareholders approved key resolutions at the EGM, including new management roles and the proposed name change to Varvee Global.
2025: Change of Name from Aarvee Denims and Exports Limited to Varvee Global Limited.
2026: Varvee Global successfully commenced and increased its production capacity by 6 lakh meters per month, taking the total installed capacity from 12 lakh meters to 18 lakh meters per month in Non-Denims -- Shirtings and Suitings Fabrics.

Varvee Global Ltd (VGL)

Varvee Global Ltd (VGL)

Varvee Global stock performance

Check Before You Invest

Quality

Valuation

Price Trend

10 Year X-Ray : 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)

Value Creation ⓘ

Growth Parameters ⓘ

CAGR ⓘ

Key Financial Parameters ⓘ

Profit And Loss

Valuation of Varvee Global - Standalone

Price Calculator

Price Chart

Price to Earnings

Price to Sales

Price to Book

EV to EBITDA

Dividend History

Analyst's Notes

Balance Sheet

Equity and Liabilities

Fixed Assets

Cash Flow

Financial Ratio

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Varvee Global Ltd FAQs

About Varvee Global Ltd

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Varvee Global Ltd (VGL)

Varvee Global Ltd (VGL)

Varvee Global stock performance

Check Before You Invest

Quality

Valuation

Price Trend

10 Year X-Ray : 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)

Value Creation ⓘ

Growth Parameters ⓘ

CAGR ⓘ

Key Financial Parameters ⓘ

Profit And Loss

Valuation of Varvee Global - Standalone

Price Calculator

Price Chart

Price to Earnings

Price to Sales

Price to Book

EV to EBITDA

Dividend History

Price Calculator

Price Chart

Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

Balance Sheet

Equity and Liabilities

Fixed Assets

Cash Flow

Financial Ratio

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Varvee Global Ltd FAQs

What is the share price of Varvee Global?

What is the market cap of Varvee Global?

What is the P/E ratio of Varvee Global?

What is the P/B ratio of Varvee Global?

What is the 52-week high and low of Varvee Global?

What is the TTM revenue of Varvee Global?

Is Varvee Global Ltd a good quality company?

Is Varvee Global Ltd undervalued or overvalued?

Is Varvee Global Ltd a good buy now?

About Varvee Global Ltd

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Our Vision

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.