VARVEE GLOBAL LIMITED
NSE: VGLMarket Closed • NSE
Day range
52 week range
VARVEE GLOBAL LIMITED closed at INR57.70 (-4.72%) on volume 0.3x its 20-day average, trading 31.92% below its 52-week high.
2026-Q1
Q1 FY2026 Financial Results
PAT moved -634.5% QoQ
2026-03-02
DIVIDEND Announced
Face Value Split (Sub-Division) - From Rs 10/- Per Share To Rs 5/- Per Share
2023-09-22
AGM Announced
Annual General Meeting
Revenue and PAT bars use independent scales to make their year-on-year direction readable.
Complete reported financial history · Values use the company's reporting currency
Hover over the chart for exact reported values. Percentage lines use the right-hand axis.
A 0–100 quantitative summary of reported fundamentals. Use the underlying financials and risks for context; the score is not a buy or sell recommendation.
Strengths
Low Debt Profile: Debt-to-Equity is comfortable at 0.04x
High Cash Flow Conversion: CFO/PAT averaged 1.05x over last 3 years
Risks
Subject to cyclical raw material and macro industry pressures
Bull case
Market Leadership: Established operational scale in Textile Manufacturing.
Bear case
Macro Headwinds: Fluctuations in interest rates and sector-specific policy shifts could compress multiples.
Flip condition
Sustained quarterly EBITDA margin expansion above 20% would trigger an upgrade.
Ownership distribution
Category trends
Hover over a period for exact holdings
Complete dividend, bonus, split, rights and other action history
| Record date | Corporate action | Information | Announcement date | Ex-date |
|---|---|---|---|---|
| 02 Mar 2026 | Dividend | ₹10.00 / share | — | 02 Mar 2026 |
| — | Annual General Meeting | Annual General Meeting | — | 22 Sept 2023 |
| — | Annual General Meeting | Annual General Meeting | — | 24 Sept 2019 |
| — | Annual General Meeting | Annual General Meeting | — | 19 Sept 2018 |
| — | Annual General Meeting | Annual General Meeting | — | 30 Aug 2017 |
| — | Annual General Meeting | Annual General Meeting | — | 19 Sept 2016 |
| — | Annual General Meeting | Annual General Meeting | — | 16 Sept 2015 |
Traded volume and delivery percentage across the latest 20 sessions
Compare valuation, latest quarterly performance and year-on-year growth
| Company name | Market cap ₹ Cr | P/E ratio | Dividend yield % | Quarterly sales ₹ Cr | Profit after tax ₹ Cr | Sales growth % | Profit growth % |
|---|---|---|---|---|---|---|---|
Titan Company LimitedTITAN Open analysis | ₹3.94L | 68.51 | 0.34% | ₹21,356.00 | ₹1,777.00 | +29.25% | +62.88% |
Maruti Suzuki India LimitedMARUTI Open analysis | ₹3.61L | 25.20 | 1.22% | ₹52,470.00 | ₹3,447.00 | +35.92% | -9.10% |
Mahindra & Mahindra LimitedM&M Open analysis | ₹3.51L | 17.78 | 1.15% | ₹41,959.00 | ₹3,685.00 | +22.89% | +6.81% |
Eternal LimitedETERNAL Open analysis | ₹3.00L | 692.13 | 0.00% | ₹3,349.00 | ₹585.00 | +38.79% | -2.82% |
Bajaj Auto LimitedBAJAJ-AUTO Open analysis | ₹2.86L | 24.74 | 1.44% | ₹17,243.72 | ₹2,982.84 | +36.35% | +34.94% |
Eicher Motors LimitedEICHERMOT Open analysis | ₹2.00L | 34.66 | 1.13% | ₹6,632.00 | ₹1,463.00 | +31.54% | +21.41% |
TVS Motor Company LimitedTVSMOTOR Open analysis | ₹1.95L | 56.76 | 0.30% | ₹16,296.00 | ₹1,058.00 | +33.46% | +64.54% |
Samvardhana Motherson International LimitedMOTHERSON Open analysis | ₹1.70L | 38.55 | 0.31% | ₹35,244.00 | ₹1,076.00 | +16.66% | +77.56% |
Varvee Global Ltd (formerly Aarvee Denims & Exports Ltd) is an Ahmedabad-based textile company operating from the Narol facility. After a 2024–25 control change, it is pivoting from denim manufacturing to non-denim shirting/suiting, B2B job work, trading and leasing; it incorporated a renewable-energy subsidiary in July 2026.
IndiaConsumer Cyclical
Is VARVEE GLOBAL LIMITED Shariah compliant?
VARVEE GLOBAL LIMITED is currently screened as Shariah Compliant under AAOIFI Shariah Standard No. 21. Business activities align with Shariah permissible sectors. Debt to Market Cap (0.97%) complies with AAOIFI threshold (≤ 33%).
What is VARVEE GLOBAL LIMITED's current valuation relative to peers?
VARVEE GLOBAL LIMITED trades at a P/E of N/A compared to the sector median of 26.8x, and a Price-to-Book of 3.9x.
Is the company financially healthy?
The company has a Debt-to-Equity ratio of 0.04x. Interest coverage is 0x.
What are the historical revenue and profit growth rates?
Over the past 5 years, revenue compounded at -39.1% while net profit growth averaged 65.6%.
Market data is informational and may be delayed. Shariah screening follows the displayed methodology. This is not investment advice.
Market data may be delayed. Quote date: 2026-10-16. Financial figures relate to their stated reporting periods. This information is for research and is not a recommendation to buy or sell.

