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 ₹ 545 Cr.
- Current Price ₹ 28.0
- High / Low ₹ 34.0 / 11.0
- Stock P/E 363
- Book Value ₹ 1.74
- Dividend Yield 0.00 %
- ROCE 9.95 %
- ROE 6.44 %
- Face Value ₹ 1.00
Pros
Cons
- Stock is trading at 16.1 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 5.13% over last 3 years.
- Earnings include an other income of Rs.4.32 Cr.
- Promoter holding has decreased over last 3 years: -6.74%
* 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: IT - Software Industry: Computers - Software - Medium / Small
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 | TTM | |
---|---|---|---|---|---|---|---|
1 | 50 | 61 | 59 | 77 | 116 | 114 | |
1 | 49 | 61 | 58 | 77 | 115 | 112 | |
Operating Profit | -0 | 0 | 0 | 1 | -0 | 1 | 1 |
OPM % | -13% | 0% | 0% | 2% | -0% | 1% | 1% |
0 | 3 | 2 | 2 | 3 | 4 | 4 | |
Interest | 0 | 2 | 1 | 2 | 2 | 2 | 3 |
Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 1 |
Profit before tax | 0 | 1 | 1 | 1 | 1 | 2 | 2 |
Tax % | 25% | 26% | 28% | 26% | 21% | ||
0 | 1 | 1 | 1 | 0 | 2 | 2 | |
EPS in Rs | 0.00 | 0.03 | 0.04 | 0.06 | 0.03 | 0.08 | 0.08 |
Dividend Payout % | 0% | 0% | 26% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 186% |
3 Years: | 24% |
TTM: | 1% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 41% |
TTM: | 124% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 106% |
1 Year: | 91% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 5% |
3 Years: | 5% |
Last Year: | 6% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|
Equity Capital | 5 | 17 | 17 | 17 | 18 | 19 | 19 |
Reserves | -2 | -2 | -1 | -1 | 2 | 11 | 14 |
0 | 16 | 17 | 18 | 18 | 22 | 31 | |
3 | 5 | 7 | 11 | 9 | 18 | 18 | |
Total Liabilities | 6 | 36 | 39 | 45 | 48 | 71 | 83 |
0 | 7 | 8 | 9 | 9 | 11 | 12 | |
CWIP | 0 | 0 | 2 | 1 | 1 | 1 | 1 |
Investments | 0 | 3 | 1 | 1 | 0 | 0 | 0 |
6 | 25 | 28 | 34 | 38 | 58 | 70 | |
Total Assets | 6 | 36 | 39 | 45 | 48 | 71 | 83 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|
0 | -9 | 0 | 0 | -7 | -9 | |
0 | -10 | -3 | -2 | 1 | -2 | |
0 | 19 | 3 | -0 | 6 | 10 | |
Net Cash Flow | 0 | 0 | 0 | -2 | 0 | 0 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|
Debtor Days | 586 | 73 | 67 | 91 | 63 | 73 |
Inventory Days | ||||||
Days Payable | ||||||
Cash Conversion Cycle | 586 | 73 | 67 | 91 | 63 | 73 |
Working Capital Days | 1,855 | 159 | 134 | 151 | 136 | 129 |
ROCE % | 16% | 7% | 9% | 7% | 10% |
Documents
Announcements
Annual reports
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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 2018
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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