₹61.07
▼ -0.04 -0.07%
As of 29 Jul 2026 · delayed
NSE Listed · Consumer Cyclical
Varvee Global Limited (VGL)
20-day avg volume: 21K shares
- Healthy return on equity of 16.2%.
- Company is almost debt-free.
- Revenue grew 93% YoY.
- Company is loss-making at the latest annual result.
| Metric | Sept 2019 | Dec 2019 | Mar 2020 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹168 Cr | ₹111 Cr | ₹118 Cr | ₹8 Cr | ₹-55,20,000 Cr | ₹28 Cr | ₹12 Cr | ₹23 Cr |
| EBITDA | ₹-3 Cr | ₹5 Cr | ₹8 Cr | ₹-53 Cr | ₹-2 Cr | ₹12 Cr | ₹-3 Cr | ₹-7 Cr |
| Net Profit | ₹-17 Cr | ₹-8 Cr | ₹8 Cr | ₹-9 Cr | ₹25 Cr | ₹10 Cr | ₹5 Cr | ₹-29 Cr |
| EPS | — | — | — | -1.89 | 4.95 | 1.98 | 3.68 | -8.32 |
| Metric | Jun 2024 | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹14 Cr | ₹15 Cr | ₹6 Cr | ₹8 Cr | ₹-1 Cr | ₹28 Cr | ₹12 Cr | ₹23 Cr |
| EBITDA | ₹33 Cr | ₹28 Cr | ₹-1 Cr | ₹-15 Cr | ₹5 Cr | ₹19 Cr | ₹19 Cr | ₹-23 Cr |
| Net Profit | ₹23 Cr | ₹8 Cr | ₹-7 Cr | ₹-9 Cr | ₹25 Cr | ₹10 Cr | ₹5 Cr | ₹-29 Cr |
| EPS | — | — | — | — | — | — | — | — |
| Metric | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|
| Total Assets | ₹919 Cr | ₹949 Cr | ₹843 Cr | ₹528 Cr | ₹438 Cr | ₹204 Cr | ₹184 Cr |
| Total Liabilities | ₹647 Cr | ₹676 Cr | ₹612 Cr | ₹466 Cr | ₹421 Cr | ₹169 Cr | ₹107 Cr |
| Equity | ₹272 Cr | ₹273 Cr | ₹231 Cr | ₹61 Cr | ₹17 Cr | ₹36 Cr | ₹77 Cr |
| Total Debt | — | — | — | ₹397 Cr | ₹278 Cr | ₹94 Cr | ₹3 Cr |
| Metric | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|
| Operating | ₹38 Cr | ₹52 Cr | ₹65 Cr | ₹40 Cr | ₹110 Cr | ₹27 Cr | ₹5 Cr |
| Investing | ₹-19 Cr | ₹-53 Cr | ₹5 Cr | ₹13 Cr | ₹46 Cr | ₹182 Cr | ₹28 Cr |
| Financing | ₹-19 Cr | ₹3 Cr | ₹-70 Cr | ₹-62 Cr | ₹-156 Cr | ₹-196 Cr | ₹-43 Cr |
| Free Cash Flow | ₹38 Cr | ₹52 Cr | ₹65 Cr | ₹40 Cr | ₹110 Cr | ₹27 Cr | ₹41,41,000 Cr |
Consumer Cyclical · Textile Manufacturing
Varvee Global Limited engages in the manufacture and sale of fabrics in India and internationally. The company offers ring, shirting, printed, stretch, satin, high fashion, and flat finish denims, as well as other denims. It also offers non denim, poplin, suiting, 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 incorporated in 1988 and is headquartered in Ahmedabad, India.
varveeglobal.com ↗As of 2026-06-30
Quarterly — figures in %. Latest 12 quarters.
| Period | Mar 2024 | Jun 2024 | Sept 2024 | Dec 2024 | Mar 2025 | May 2025 | May 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 65.8% | 65.8% | 60.8% | 60.8% | 38.8% | 30.6% | 30.6% | 30.6% | 65.6% | 65.6% | 65.6% | 65.6% |
| FIIs | 0% | 0% | 0.4% | 0.2% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0.6% |
| DIIs | 2.1% | 2.1% | 0% | 0% | 0.1% | 1.3% | 1.3% | 1.3% | 1.3% | 1.3% | 1.3% | 1.3% |
| Public | 32.1% | 32.1% | 38.8% | 38.9% | 61.2% | 68.1% | 68.1% | 68.1% | 33.1% | 33.1% | 33.1% | 32.5% |
| Promoter Pledge | 51% | 51% | 55.2% | 55.2% | 86.6% | 0% | 0% | 100% | 14.2% | 14.2% | 14.2% | 15.7% |
| No. of Shareholders | 11,439 | 11,303 | 10,439 | 10,181 | 10,202 | 10,008 | 10,008 | 10,252 | 10,341 | 9,898 | 8,241 | 9,113 |
| Period | ROE | ROCE | ROA | P/E |
|---|---|---|---|---|
| 202503 | — | — | — | — |
| Name | Category | Stake | Shares |
|---|---|---|---|
| Jaimin Kailash Gupta | Shareholding of Promoter and Promoter Group | 52% | 2.68 Cr |
| Qmin Industries Limited | Shareholding of Promoter and Promoter Group | 9.1% | 46,71,122 |
| Tarachandbhai Agrawal | Shareholding of Promoter and Promoter Group | 4.6% | 23,45,980 |
| Yashwant Amratlal Thakkar | Public Shareholding | 2% | 10,39,656 |
| Sanjay Karanraj Sakaria | Public Shareholding | 1.1% | 5,39,365 |
| V. B. Investment Pvt. Ltd. | Shareholding of Promoter and Promoter Group | 0% | 0 |
| Kashvi Investments Pvt.ltd. | Shareholding of Promoter and Promoter Group | 0% | 0 |
| Twenty First Century Marketing Ltd. | Shareholding of Promoter and Promoter Group | 0% | 0 |
| Shipa Fabrics Pvt. Ltd. | Shareholding of Promoter and Promoter Group | 0% | 0 |
| Ennbee Textiles Pvt. Ltd. | Shareholding of Promoter and Promoter Group | 0% | 0 |
| Rentex Weavers Ltd. | Shareholding of Promoter and Promoter Group | 0% | 0 |
| Vee Bee Textiles Private Limited | Shareholding of Promoter and Promoter Group | 0% | 0 |
| Bhansali Tradelink Private Limited | Shareholding of Promoter and Promoter Group | 0% | 0 |
| Pee Vee Synthetics Pvt. Ltd. | Shareholding of Promoter and Promoter Group | 0% | 0 |
| Parmanand Arora | Shareholding of Promoter and Promoter Group | 0% | 0 |
| Rajesh Arora | Shareholding of Promoter and Promoter Group | 0% | 0 |
| Rita Arora | Shareholding of Promoter and Promoter Group | 0% | 0 |
| Nipun V. Arora | Shareholding of Promoter and Promoter Group | 0% | 0 |
| Pankaj V. Arora | Shareholding of Promoter and Promoter Group | 0% | 0 |
| Vinod P. Arora | Shareholding of Promoter and Promoter Group | 0% | 0 |
| Tp Vinod Kumar Huf | Shareholding of Promoter and Promoter Group | 0% | 0 |
| Renu V. Arora | Shareholding of Promoter and Promoter Group | 0% | 0 |
| Virendra Bhogilal Huf | Shareholding of Promoter and Promoter Group | 0% | 0 |
| Ashish Shah | Shareholding of Promoter and Promoter Group | 0% | 0 |
| Preeti N. Arora | Shareholding of Promoter and Promoter Group | 0% | 0 |
| Holder | Pledged Shares | % of Holding | As of |
|---|---|---|---|
| Jaimin Kailash Gupta | 47,92,574 | 17.9% | 2026-06-30 |
| Tarachandbhai Agrawal | 5,00,000 | 21.3% | 2026-06-30 |
| Name | Designation | Year |
|---|---|---|
| Nipun Arora | Whole-time Director | 2025 |
| Aarti Thakkar | Independent Director | 2025 |
| Abira Mansuri | Company Sec. & Compli. Officer | 2025 |
| Ankit N. Mittal | Independent Director | 2025 |
| Ravi Jitendra Modi | Independent Director | 2025 |
| Jaimin Kailash Gupta | Chairman & Managing Director & Director (Finance) | 2025 |
| Tarachand Gangasahay Agrawal | Whole Time Director | 2025 |
| Segment | Revenue | Share |
|---|---|---|
| Textile | ₹85 Cr | 100% |
| Region | Revenue | Share |
|---|---|---|
| In India | ₹42 Cr | 100% |
| Outside India | ₹0 Cr | 0% |
| Year | Face Value | Authorised | Issued | Paid-up |
|---|---|---|---|---|
| 2025 | ₹10 | 35 | 23 | 23 |
| Type | Date | Value | Remark |
|---|---|---|---|
| split | 2026-03-02 | 1:2 | face value change from 10 to 5 |
| Year | Subsidiaries | Associates | JV | KMP | Others | Total |
|---|---|---|---|---|---|---|
| 2024 | 0 | 0 | 0 | 3 | 20 | 26 |
| 2024 | 0 | 0 | 0 | 1 | 13 | 15 |
| 2024 | 0 | 0 | 0 | 1 | 1 | 4 |
30 recent disclosure(s)
87 disclosure(s)
📍 191 Shahwadi Nr Old Octori Nak, Narol Sarkehj Highway, Ahmedabad, Gujarat, 382405
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