VARVEE GLOBAL LIMITED
Snapshot
What the business is, and whether it's a good one at a fair price.
Manufactures and trades shirting and suiting fabrics, having pivoted from denim to non-denim textiles. Textiles accounted for 98.8% of segment revenue in the 9-month period ended December 2025, with a small others stream making up the remaining 1.2%. The company operates through job work and trading of textile goods, with no production of finished goods during FY26. The largest cost line is other operating expenses at 49.6% of revenue, followed by materials at 20.5%, depreciation at 8.5%, and employee costs at 6.9%. Borrowings were cut by approximately 97% to 287.67 lakh and the company became debt-free in June 2025. A wholly-owned subsidiary, Varvee Energy Private Limited, was incorporated in July 2026 for the renewable energy sector, and the company has reported receiving new orders and contracts.
Scorecard
Measured from the filed financials, judged against its Other Textile Products peers · as of FY20 — not investment advice
Strengths
Nothing stands out in the filed numbers.Concerns
Charts
How has the market priced it — with filings on the timeline?
VGL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Peers
How does it stack up on valuation, returns and growth?
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Financials
Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.
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Ownership
Who owns it — and is the promoter stake clean?
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Common questions
Answered from VARVEE GLOBAL LIMITED's filed financials and exchange disclosures
What does VARVEE GLOBAL LIMITED do?
VARVEE GLOBAL LIMITED is a Textiles & Apparels company listed on NSE and BSE, trading under the symbol VGL.
Is VARVEE GLOBAL LIMITED profitable?
No. Over the trailing twelve months VARVEE GLOBAL LIMITED reported a net loss of ₹42 Cr on revenue of ₹562 Cr.
Is VARVEE GLOBAL LIMITED debt-free?
No. It reported borrowings of ₹411 Cr on its 31 Mar 2020 balance sheet, or net debt of ₹410 Cr after cash. Debt stands at 1.78× equity. That is higher than 87% of its 188 Other Textile Products peers.
How much does the VARVEE GLOBAL LIMITED share price move in a day?
On a typical session VARVEE GLOBAL LIMITED moves 1.79% — that is the median absolute close-to-close move across its last 267 trading days. MarketPing measures each filing's price reaction against it.
Where can I track VARVEE GLOBAL LIMITED's announcements?
Every NSE and BSE filing by VARVEE GLOBAL LIMITED appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.
Figures are as last reported and may lag the latest filing. Not investment advice.