Variman Global Enterprises Ltd

Variman Global Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Variman Global Enterprises Ltd

₹ 13.1 1.16%
11 Dec 4:00 p.m.
varimanglobal.com BSE: 540570
About

Incorporated in 1993, Variman Global Enterprises Ltd is in the business of distribution of HPMPS division and EATON Power Solutions[1]

Key Points

Business Overview:[1]
VGEL is an IT solutions company providing solutions through software development, IT Infrastructure solutions and distributing IT Hardware to 800+ online & offline retailers, resellers and system integrators. Company acts as a strategic link between vendors to partners and clients

Website BSE
  • Market Cap ₹ 252 Cr.
  • Current Price ₹ 13.1
  • High / Low ₹ 34.0 / 12.7
  • Stock P/E 2,802
  • Book Value ₹ 2.39
  • Dividend Yield 0.00 %
  • ROCE 8.20 %
  • ROE 3.37 %
  • Face Value ₹ 1.00
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Pros

Cons

  • Stock is trading at 5.49 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has low interest coverage ratio.
  • Promoter holding is low: 28.1%
  • Company has a low return on equity of 4.38% over last 3 years.
  • Earnings include an other income of Rs.5.53 Cr.
  • Promoter holding has decreased over last 3 years: -4.79%

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Trading Industry: Trading

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
5.37 30.55 23.46 39.27 27.50 21.75 27.54 25.43 33.53 27.04 27.33 23.58 32.10
5.54 29.83 24.06 38.14 27.13 21.95 28.06 25.94 31.22 27.22 28.63 24.34 31.78
Operating Profit -0.17 0.72 -0.60 1.13 0.37 -0.20 -0.52 -0.51 2.31 -0.18 -1.30 -0.76 0.32
OPM % -3.17% 2.36% -2.56% 2.88% 1.35% -0.92% -1.89% -2.01% 6.89% -0.67% -4.76% -3.22% 1.00%
-0.19 1.07 1.06 0.67 0.66 0.92 1.77 1.00 0.89 0.66 2.28 1.58 1.01
Interest 0.05 0.79 0.53 0.41 0.60 0.36 0.86 0.65 0.69 0.64 1.08 0.37 0.77
Depreciation 0.02 0.15 0.00 0.06 0.06 0.00 0.14 0.16 0.10 0.21 0.06 0.17 0.19
Profit before tax -0.43 0.85 -0.07 1.33 0.37 0.36 0.25 -0.32 2.41 -0.37 -0.16 0.28 0.37
Tax % -6.98% 17.65% 257.14% 25.56% 16.22% 30.56% -16.00% 15.62% 13.28% 2.70% -25.00% 25.00% -5.41%
-0.40 0.70 -0.26 0.98 0.32 0.23 0.29 -0.37 2.10 -0.37 -0.13 0.20 0.39
EPS in Rs -0.02 0.02 -0.01 0.03 0.02 0.01 0.01 -0.02 0.11 -0.02 -0.01 0.01 0.02
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
1 50 61 59 77 116 113 110
1 49 61 58 77 115 113 112
Operating Profit -0 0 0 1 -0 1 0 -2
OPM % -13% 0% 0% 2% -0% 1% 0% -2%
0 3 2 2 3 4 5 6
Interest 0 2 1 2 2 2 3 3
Depreciation 0 0 0 0 0 0 1 1
Profit before tax 0 1 1 1 1 2 2 0
Tax % 25% 26% 28% 26% 21% 16%
0 1 1 1 0 2 1 0
EPS in Rs 0.00 0.03 0.04 0.06 0.03 0.09 0.05 0.00
Dividend Payout % 0% 0% 26% 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: 18%
3 Years: 24%
TTM: 2%
Compounded Profit Growth
10 Years: %
5 Years: 15%
3 Years: 4%
TTM: -95%
Stock Price CAGR
10 Years: %
5 Years: 67%
3 Years: 55%
1 Year: -7%
Return on Equity
10 Years: %
5 Years: 5%
3 Years: 4%
Last Year: 3%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 5 17 17 17 18 19 19 19
Reserves -2 -2 -1 -1 3 12 13 27
0 16 17 18 18 22 27 27
3 5 7 11 8 18 18 24
Total Liabilities 6 36 39 45 48 71 78 97
0 7 8 9 9 11 12 13
CWIP 0 0 2 1 1 1 1 1
Investments 0 3 1 1 0 0 0 0
6 25 28 34 38 58 64 83
Total Assets 6 36 39 45 48 71 78 97

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
0 -9 0 0 -7 -9 5
0 -10 -3 -2 1 -2 -8
0 19 3 -0 6 10 3
Net Cash Flow 0 0 0 -2 0 0 -0

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 586 73 67 91 63 73 64
Inventory Days
Days Payable
Cash Conversion Cycle 586 73 67 91 63 73 64
Working Capital Days 1,855 159 134 151 136 129 152
ROCE % 16% 7% 9% 7% 10% 8%

Shareholding Pattern

Numbers in percentages

Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
32.92% 30.60% 30.49% 30.01% 30.01% 28.23% 28.14% 28.14% 28.14% 28.14% 28.14% 28.14%
0.00% 0.58% 0.58% 0.36% 0.36% 0.31% 0.31% 0.57% 1.36% 2.84% 1.55% 1.55%
1.49% 1.39% 1.38% 1.37% 1.37% 1.29% 1.28% 1.28% 1.28% 1.28% 1.28% 1.28%
65.59% 67.42% 67.54% 68.27% 68.27% 70.17% 70.27% 70.01% 69.23% 67.75% 69.01% 69.03%
No. of Shareholders 3,5094,6584,1885,5199,6159,4979,3539,60610,5329,7799,96710,842

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

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