VARVEE GLOBAL LIMITED (VGL) fundamentals

VARVEE GLOBAL LIMITED is a listed company in Textiles & Apparels, part of the Textiles sector, listed on the NSE as VGL (ISIN INE273D01027). This page carries its reported financials, balance sheet, cash flow, shareholding pattern and valuation ratios.

What VARVEE GLOBAL LIMITED does

Varvee Global Limited, formerly Aarvee Denims and Exports Limited, is an India-based company. The Company is engaged in the manufacturing and selling of denim and non-denim fabrics. It has two reportable segments, namely Textile and Windmill. The Company has its integrated production of yarn, which includes a capacity of approximately 39,000 metric tons/annum; denim fabric, which has over 85 million meters/annum; non-denim bottom wear fabric, which has approximately 18 million meters/annum. The Company has three divisions, namely Cotton Fiber, Yarn, and Fabrics. Its Yarn division includes Texturized Yarn and Cotton Yarn. The Company has its own yarn manufacturing capacity for catering to the in-house denim and non-denim bottom wear production. The Company caters to both domestic and international markets.

Valuation and market data

Last close₹66.82
Market capitalisation₹157 crore
Enterprise value₹192 crore
P/E (TTM)0.00
Price to book4.39
Price to sales (TTM)1.84
Book value per share₹15.23
Dividend yield0.00%
SectorTextiles
IndustryTextiles & Apparels
Listed sinceTue Nov 21

Annual results

PeriodRevenueProfit before taxNet profitEPS
Mar 2026₹83 crore₹18 crore₹12 crore0.00
Mar 2025₹182 crore₹33 crore₹19 crore7.90
Mar 2024₹91 crore₹-73 crore₹-45 crore-19.02
Mar 2023₹264 crore₹-97 crore₹-69 crore-29.54
Mar 2022₹425 crore₹-75 crore₹-63 crore-18.00

Figures are as reported (standalone), in ₹ crore.

Shareholding pattern

As of Jun 2026:

Promoters65.6%
Foreign institutions (FII)0.6%
Mutual funds0.0%
Other domestic institutions1.3%
Retail and others32.5%

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Data is sourced from exchange filings and vendor feeds and is for research, not investment advice. Figures can be restated by the company after publication.