Variman Global Enterprises Ltd
Incorporated in 1993, Variman Global Enterprises Ltd is in the business of distribution of HPMPS division and EATON Power Solutions[1]
- Market Cap ₹ 333 Cr.
- Current Price ₹ 17.1
- High / Low ₹ 22.5 / 7.46
- Stock P/E 545
- Book Value ₹ 2.39
- Dividend Yield 0.00 %
- ROCE 7.06 %
- ROE 1.54 %
- Face Value ₹ 1.00
Pros
Cons
- Stock is trading at 7.14 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: 28.0%
- Company has a low return on equity of 3.59% over last 3 years.
- Earnings include an other income of Rs.6.43 Cr.
* 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
Services Services Commercial Services & Supplies Trading & Distributors
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|
1 | 50 | 61 | 59 | 77 | 116 | 113 | 109 | |
1 | 49 | 61 | 58 | 77 | 115 | 113 | 109 | |
Operating Profit | -0 | 0 | 0 | 1 | -0 | 1 | 0 | -1 |
OPM % | -13% | 0% | 0% | 2% | -0% | 1% | 0% | -1% |
0 | 3 | 2 | 2 | 3 | 4 | 5 | 6 | |
Interest | 0 | 2 | 1 | 2 | 2 | 2 | 3 | 4 |
Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 |
Profit before tax | 0 | 1 | 1 | 1 | 1 | 2 | 2 | 1 |
Tax % | 25% | 26% | 28% | 26% | 21% | 16% | 29% | |
0 | 1 | 1 | 1 | 0 | 2 | 1 | 1 | |
EPS in Rs | 0.00 | 0.03 | 0.04 | 0.06 | 0.03 | 0.09 | 0.05 | 0.03 |
Dividend Payout % | 0% | 0% | 26% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 12% |
3 Years: | 12% |
TTM: | -4% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 1% |
3 Years: | 9% |
TTM: | -43% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 59% |
3 Years: | 3% |
1 Year: | -8% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 4% |
3 Years: | 4% |
Last Year: | 2% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|
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 | 31 | |
3 | 5 | 7 | 11 | 8 | 18 | 18 | 21 | |
Total Liabilities | 6 | 36 | 39 | 45 | 48 | 71 | 78 | 99 |
0 | 7 | 8 | 9 | 9 | 11 | 12 | 13 | |
CWIP | 0 | 0 | 2 | 1 | 1 | 1 | 1 | 2 |
Investments | 0 | 3 | 1 | 1 | 0 | 0 | 0 | 0 |
6 | 25 | 28 | 34 | 38 | 58 | 64 | 84 | |
Total Assets | 6 | 36 | 39 | 45 | 48 | 71 | 78 | 99 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|
0 | -9 | 0 | 0 | -7 | -9 | 5 | -17 | |
0 | -10 | -3 | -2 | 1 | -2 | -8 | -1 | |
0 | 19 | 3 | -0 | 6 | 10 | 3 | 18 | |
Net Cash Flow | 0 | 0 | 0 | -2 | 0 | 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 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|
Debtor Days | 586 | 73 | 67 | 91 | 63 | 73 | 64 | 88 |
Inventory Days | 69 | |||||||
Days Payable | 59 | |||||||
Cash Conversion Cycle | 586 | 73 | 67 | 91 | 63 | 73 | 64 | 98 |
Working Capital Days | 1,855 | 159 | 134 | 151 | 136 | 129 | 152 | 157 |
ROCE % | 16% | 7% | 9% | 7% | 10% | 8% | 7% |
Documents
Announcements
- Corrigendum To The Extra Ordinary General Meeting 30 Jun
- Closure of Trading Window 30 Jun
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EGM Notice
12 Jun - EGM to approve USD 50M fund raise, share capital increase, preferential allotments, ESOS, borrowing limit hike.
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Board Meeting Outcome for Outcome Of Board Meeting Held On 07.06.2025
7 Jun - Approved share capital increase to Rs 50Cr, acquisitions via share swap, 50L ESOPs, and Afrinex listing proposal.
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Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
5 Jun - Pratik and Jinal Sheth acquired 5.34% shares in Variman Global Enterprises on 03.06.2025.
Annual reports
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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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