AnnouncementSep 2026
Sep 2026 · Announcement under Regulation 30 (LODR)-Amendments to Memorandum & Articles of Association 25 Sep - On Sept. 25, 2026, board approved splitting Rs 5 shares into Rs 2 shares, subject to approval.
Source: Bse
VARVEE GLOBAL LIMITED (VGL)
Small CapConsumer stocks · Small cap · NSE
VARVEE GLOBAL LIMITED operates in Retail, within the Consumer sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers.
₹58.03
+0.33 · +0.57%
Market cap ₹297 Cr
Data qualityVerify one data layerQuote updated 19 Oct, 03:31 pm ISTPost-result recalculation pendingDetails
Quote19 Oct, 03:31 pm IST
Base fundamentals17 Oct 2026 · screener
Latest result12 Aug, 07:17 pm IST
Score20 Oct, 04:30 am IST · v4.3-runtime-valuation
Tags02 May 2026
Coverage13/14 · 93%
Valuation2026-07-20 · Rf 6.8% · Consumer P/E 22.2 (n=441)
Technical timing lens
Trend score and candlestick chart
41NeutralSMA20 +8.3% / mo · MACD − · sector -3.7pp vs Nifty 500 (3M)
Stock trend: 44
Sector RS: 36
Sector 3M: -9.3% vs Nifty 500 -5.6%
Consumer FPI tailwindNot confirmed
Latest mapped FPI equity flow was not positive. View sector evidence
Technical chart
VGLD candles · FIT view+0.7%Latest close ₹58.03 on 2026-10-19
Bar
+0.6%
RSI
37
MACD hist
-0.85
52W pos
35%
2026-10-19O ₹57.70H ₹59.58L ₹57.70C ₹58.03Vol 33,253 sh
Up bar
Down bar
EMA 20
EMA 50
Volume + 20D avg
Result date
RSI(14)
MACD / signal
Market context
Relative performance and chart statistics
Adjusted completed-session prices, rebased to 100
VGLNifty Consumer DurablesNifty 500
- VGL
- -6.5%
- Nifty 500
- -5.6%
- Nifty Consumer Durables
- -9.7%
- Vs Nifty 500
- -1.0 pp
Chart stats
19 Oct 2026- From 52W high
- -31.5%
- 52W range position
- 35%
- ATR (14)
- 6.3%
- Volume vs 20D
- 0.36x
- Avg traded value
- ₹0.6 Cr
- 20D price channel
- ₹56.2 - ₹72.5
₹84.8
₹43.7 - ₹84.8
₹3.6
Latest completed session
20-session average
40.6% annualized volatility
Research snapshot
What the evidence says now
Weak fundamentals, management evidence is still limited to a financial-only Trust Lite signal, price trend argues for patience, and recent execution is weak.
Suggested next step
Research, do not rush
The evidence is not strongly aligned. Compare peers and wait for a cleaner setup.
U-Score
Legacy · OVERVALUED25
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
Latest result
Bad0
Revenue NDF · PAT -125.8% YoY
Technical
Neutral41
Price trend and sector-relative-strength timing.
Valuation
Legacy model—
Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.
Trust
Limited evidence78
Financial-only signal; management claim evidence is not sufficient yet.
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Latest result
Quarter ended 30 Jun 2026
Bad · 0/100PAT -126% YoY
Filed 12 Aug 2026
Open results browser →| Metric | This quarter | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹8.3 Cr | NDF | -64.7% |
| EBITDA | ₹-6.9 Cr | -518.0% | -16.5% |
| Operating margin | -83.0% | NDF | -5786 bps |
| PAT | ₹-6.6 Cr | -125.8% | NDF |
| PAT margin | -79.4% | NDF | +4286 bps |
NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.
Fundamentals
Valuation
- P/E
- —
- P/B
- 1.17
- EV/EBITDA
- 9.68
- Market Cap
- 297.00Cr
Profitability
- ROE
- -15.90%
- ROCE
- -0.11%
- ROA
- -4.98%
- Dividend Y
- —
Growth (CAGR)
- Revenue 5Y
- 34.00%
- EPS 5Y
- 34.00%
- Revenue 3Y
- 70.00%
- EPS 3Y
- 70.00%
Balance Sheet
- Debt/Equity
- 1.81
- Interest Coverage
- 0.68×
- Altman Z
- 1.55
- Book Value
- 49.20
Cash Flow
- FCF Yield
- 23.57%
- FCF Positive Y
- 2/5
- OCF
- 65.00 Cr
- EPS TTM
- -8.94
Shareholding
- Promoter Hold
- 65.64%
- Promoter Pledge
- 0.00%
- Momentum 52W
- 34%
Financial History
Updated 20/10/2026
Revenue
₹ CrLatest: 8.3-64.7% vs prev
Net Profit
₹ CrLatest: -6.6+77.1% vs prev
ROE is shown only in the Annual view — quarterly equity data isn't published.
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Daily technical trend read
Bearish setupTrend is weak — long-term trend down. RSI 37.
- Price below SMA200 (long-term downtrend) — short-term bounces likely countertrend.
- SMA20 rising (~7.7% over last month) — short-term momentum positive.
- RSI(14) at 37 — falling, no extreme reading.
- MACD below signal, histogram expanding negatively — bearish momentum building.
- 32% off 52W high · 33% above 52W low.
Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.
Nifty 500 leadership
Relative Strength & Trend Stage
57
RS percentile
Stage 1 Base / Transition
1M return
-12.4%
3M return
-6.5%
6M return
-4.7%
1Y return
-3.7%
RS 1D
+6
RS 20D
-13
Sector rank
#9
Industry rank
#22
Stage evidence
- Price is within 6.4% of the 30-week proxy.
- The 30-week proxy changed +0.1% over 20 sessions.
- The moving-average structure does not confirm Stage 2 or Stage 4.
50-DMA
price below
200-DMA
price below
Sector
neutral
Industry
improving
Relative-strength line vs Nifty 500 (base 100)
252 observations
19 Oct 2026Value 83.41+1.61%
RS vs Nifty 50083
Valuation & peers
U-Score 25 · legacy U-Score band OVERVALUED · valuation evidence and comparable companies
Valuation & peers
U-Score 25 · legacy U-Score band OVERVALUED · valuation evidence and comparable companies
Distress Watch
Fundamental score breakdown
U band · OVERVALUEDValuation5/30
Growth16/25
Quality0/20
Balance Sheet0/15
Cash Flow6/10
Piotroski
4/9 (+1)
Penalties
-3
Raw sum
25
Why this score?
Top U-Score contributors and drags from the latest stored fundamentals.
25/100 · legacy band OVERVALUED
Positive drivers
- FCF yield is supportive at 23.6%.
- Growth contributes 16/25 to the score.
- Cash flow contributes 6/10 to the score.
Main drags
- Altman Z is 1.6, in distress territory.
- Penalty bucket subtracts 3 points.
- Quality is weaker at 0/20; verify the latest quarterly trend.
Sector valuation model
Consumer valuation: PE/PEG and brand-quality premium
Consumer franchises can deserve higher multiples, but only when growth quality supports them.
Primary lens
PE and PEG relative to growth, ROE, margins, and brand strength.
Secondary checks
Volume growth, pricing power, distribution, same-store or category growth.
Main risk check
Premium valuation needs durable growth and margin resilience.
PE
—
PB
1.2
EV/EBITDA
9.7
ROE
-15.9%
ROCE
-0.1%
FCF Yield
23.6%
Debt/Equity
1.8
MoS
—
Score movement
Stored run vs live recompute
This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.
Stored run: 20 Oct 2026
v4.3-runtime-valuation
Final score
25
Previous: 25
Legacy U-Score band
OVERVALUED
Previous: OVERVALUED
Margin of safety
—
No stored baseline yet
Score history
12 stored score snapshots. Latest stored move: +0 points.
20 Oct 2026
v4.3-runtime-valuation
44
44
44
44
44
44
44
44
25
25
25
25
Factor attribution
No pillar movement versus the latest stored run. Historical score trend will appear after snapshot storage is enabled.
Modelled fair value
Graham Number
—
Growth-justified P/E
33.3
Growth-justified Value
—
— MoS
PEG
—
Comparable companies
Peers
Business-comparable peers in Consumer — ranked by industry, sub-sector, theme-tag overlap, market cap, and U-Score similarity. Green cells mark the best available peer metric in this table.
Ticker
Name
Why peer
Score
PE
ROE
MoS
Verdict
MAGSON
SME
Magson Retail And Distribution Ltd.
Retail
match 85
7
296.0
1.5%
-7966%
OVERVALUED
RETAIL
Small
JHS Svendgaard Retail Ventures Limited
Retail
match 84
18
462.0
-1.0%
-827%
OVERVALUED
PURPLEUTED
SME
Purple United Sales Ltd.
Retail
match 82
48
27.9
22.3%
+16%
FAIR VALUE
SDREAMS
SME
S D Retail Ltd.
Retail
match 81
45
14.2
9.3%
+52%
WATCHLIST
ONDOOR
SME
On Door Concepts Ltd.
Retail
match 81
56
16.3
10.2%
+60%
FAIR VALUE
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business and thesis
Issuer presentation review pending
VARVEE GLOBAL LIMITED operates in Retail, within the Consumer sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers. The structured result feed currently covers the quarter ended 30 Jun 2026. Investor presentations and earnings-call PDFs will be added as issuer-backed evidence before management claims appear here.
Trust Score
78Limited evidence · low confidenceTrust Lite
Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.
Limited evidence: Claim history is still being built. It ranks around the 86th percentile of the scored universe and 91st percentile within Consumer. Main check: results consistency is weak at 50/100.
This is a financial-behaviour screen, not a claim-tested management reliability verdict.
Computed 05 Sept 2026
management-trust-v1
13 docs text-extracted · 2 concalls text-extracted
Score band
Limited evidence
Financial behaviour is scored, but management claims do not yet have enough outcome checks.
Relative rank
86th percentile
overall median 67 · Consumer: 91st pctile, median 66 · Small: 89th pctile, median 66
Evidence depth
Financial-only
13 documents have extracted text, but claim history is not strong enough yet.
Claim delivery
Outcome history still building
0 claims extracted · No contradicted claim yet
How to read this Trust Score
Limited evidence · low confidenceWhat it measures
Reliability of management and financial delivery, using financial behaviour only.
Confidence
Treat this as an early read until more concalls and outcomes are matched.
Investor use
Can support position sizing if valuation and trend also agree.
Read Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.
Forensic breakdown
Read low sub-scores as due-diligence warnings, not automatic sell signals.
Promoter
86
strong · holding, pledge, alignment
Cash flow
89
strong · profit to cash conversion
Balance sheet
80
strong · leverage and solvency
Discipline
76
strong · capital discipline
Results
50
watch · quarterly consistency
Trust positives
- ▸Promoter holding is 65.6%.
- ▸Promoter pledge is zero.
- ▸FCF yield is 12%.
- ▸11 years of positive FCF.
Trust risks
- ▸1 of the latest 4 quarters had PAT decline worse than 25% YoY.
- ▸OPM spread across recent quarters is 739.1%.
Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.
Continue researching VARVEE GLOBAL LIMITED
Important announcements & filings
Latest exchange and company disclosures found within the past two years.
Open source ↗
AnnouncementSep 2026
Sep 2026 · Announcement under Regulation 30 (LODR)-Newspaper Publication 23 Sep - Copy of Advertisement for Addendum to Notice of 37th Annual General Meeting to be held on 30th September, 2026.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 29 Sep
Source: Bse
Credit rating
Intimation Of Withdrawal Of Credit Rating 25 Sep - Brickwork Rating withdrew ratings assigned to the company’s facilities at its request.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 4 Sep - Newspaper advertisement of 37th Annual General Meeting
Source: Bse
AnnouncementJun 2026
Jun 2026 · Announcement under Regulation 30 (LODR)-Newspaper Publication 14 Aug - Newspaper Advertisement for the First Quarter ended 30th June, 2026.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Press Release / Media Release 9 Jun - Varvee Global won ₹120.8 million suiting fabrics order, to execute over next three months.
Source: Bse
Investor presentationMay 2026
May 2026 · PPT
Source: Bse
Investor presentationMay 2026
May 2026 · PPT
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Press Release / Media Release 27 May - Varvee Global reported FY26 revenue up 47.9%, EBITDA positive, borrowings down 97%, and a 2:1 share split.
Source: Bse
Annual report
Annual Report 2026
Source: Bse
Annual reportMar 2026
Mar 2026 · Annual Report 2026
Source: Bse
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.