Variman Global Financials

BSE: 540570

₹5.13

₹-0.26 (-4.82%)

As on 07-Sep-2026IST

Market cap

₹100 Cr

Revenue (TTM)

₹126 Cr

P/E Ratio

41.3

P/B Ratio

2

Div. Yield

0 %

Income Statement (₹ Cr)	TTM	Mar-25	Mar-24	Mar-23	Mar-22	Mar-21	Mar-20	Mar-19	Mar-18	Mar-17	Mar-16
Operating Revenue	126.18	108.62	113.33	116.06	76.71	58.83
Total Income	129.31	115.06	118.17	120.08	79.39	60.92
Total Expenditure	120.81	109.44	113.02	115.28	76.73	57.67
EBITDA	5.36	-0.81	0.31	0.77	-0.02	1.16
Depreciation	0.64	0.78	0.53	0.26	0.25	0.31
EBIT	4.73	-1.59	-0.22	0.52	-0.28	0.86
Interest	4.16	3.85	3.06	2.23	1.76	1.61
Other Income	3.14	6.43	4.84	4.02	2.68	2.09
Exceptional Items	--	--	--	--	--	--
Profit before Tax	3.70	1.00	1.56	2.30	0.64	1.33
Provision for Tax	1.25	0.29	0.25	0.48	0.17	0.37
Profit after Tax	2.45	0.71	1.31	1.82	0.47	0.96
Minority Interest	-0.02	--	--	-0.70	-0.91	--
Share of Associate	--	--	--	--	--	--
Consolidated Profit	2.42	0.71	1.31	1.12	-0.43	0.96

Liabilities (₹ Cr)	TTM	Mar-25	Mar-24	Mar-23	Mar-22	Mar-21	Mar-20	Mar-19	Mar-18	Mar-17	Mar-16
Shareholder's Funds	50.74	46.58	32.58	31.00	21.41	16.07
Minority Interest	-0.02	2.94	2.67	2.42	3.11	2.91
Non-Current Liabilities	27.29	22.90	14.40	13.29	13.35	10.50
Current Liabilities	31.20	26.10	27.90	23.80	10.13	15.53
Total Liabilities	111.63	98.52	77.54	70.51	48.00	45.03

Assets (₹ Cr)	TTM	Mar-25	Mar-24	Mar-23	Mar-22	Mar-21	Mar-20	Mar-19	Mar-18	Mar-17	Mar-16
Non-Current Assets	30.44	30.74	14.29	13.29	13.09	11.61
Current Assets	73.39	65.91	63.26	57.23	34.92	33.39
Total Assets	111.63	98.52	77.54	70.51	48.00	45.03
Total Debt*	--	30.76	27.19	21.88	18.24	17.94
Net Current Assets	42.18	39.81	35.36	33.42	24.79	17.86
Contingent Liabilities	--	12.21	--	--	--	--

Cashflow (₹ Cr)	TTM	Mar-25	Mar-24	Mar-23	Mar-22	Mar-21	Mar-20	Mar-19	Mar-18	Mar-17	Mar-16
Cash From Operating Activities	--	-16.94	-6.63	-8.56	-6.89	0.05
Cash Flow from Investing Activities	--	-1.08	3.32	-1.71	0.87	-1.64
Cash from Financing Activities	--	18.12	3.16	10.37	6.06	-0.19
Net Cash Inflow / Outflow	--	0.09	-0.16	0.10	0.04	-1.78

Financials Ratios	TTM	Mar-25	Mar-24	Mar-23	Mar-22	Mar-21	Mar-20	Mar-19	Mar-18	Mar-17	Mar-16
Adjusted EPS (₹)	0.12	0.04	0.07	0.06	-0.02	0.06
Cash EPS (₹)	0.12	0.08	0.09	0.11	0.04	0.08
Adjusted Book Value (₹)	2.56	1.60	1.67	1.57	1.14	0.96
Dividend per Share (₹)	--	--	--	--	--	0.02
Cash Flow per Share (₹)	--	-0.87	-0.34	-0.44	-3.83	0.03
Free Cash Flow per Share (₹)	--	-1.14	-0.32	-0.57	-4.51	-0.95

Profitability Ratios	TTM	Mar-25	Mar-24	Mar-23	Mar-22	Mar-21	Mar-20	Mar-19	Mar-18	Mar-17	Mar-16
ROCE (%)	--	7.17	8.20	9.80	6.53	8.83
ROE (%)	4.88	2.21	4.16	7.14	2.60	5.99
ROA (%)	2.33	0.80	1.77	3.07	1.02	2.29
EBIT Margin (%)	3.75	-1.46	-0.19	0.44	-0.36	1.45
Net Margin (%)	1.89	0.61	1.11	1.52	0.60	1.58
Cash Profit Margin (%)	--	1.33	1.57	1.79	0.95	2.16

Growth Ratios	TTM	Mar-25	Mar-24	Mar-23	Mar-22	Mar-21	Mar-20	Mar-19	Mar-18	Mar-17	Mar-16
Revenue Growth (%)	7.75	-4.15	-2.35	51.30	30.39	-3.56
EBIT Growth (%)	440.34	-623.75	-142.58	287.11	-132.20	2,814.83
Net Profit Growth (%)	-0.98	-46.24	-27.89	283.89	-50.72	63.36
EPS Growth (%)	-1.19	-46.22	16.58	342.26	-141.57	63.35
Book Value Growth (%)	--	-4.16	6.80	49.06	27.35	0.07

Valuation Ratios	TTM	Mar-25	Mar-24	Mar-23	Mar-22	Mar-21	Mar-20	Mar-19	Mar-18	Mar-17	Mar-16
Price / Earnings	41.30	250.41	408.15	241.62	--	4.69
Price / Book Value	2.00	5.66	16.45	8.90	17.28	2.81
Dividend Yield (%)	--	--	--	--	--	0.56
EV/EBITDA	15.74	36.75	109.23	60.96	139.46	19.12
Close Price (₹)	3.90	9.09	27.55	13.99	19.65	2.70
High Price (₹)	18.00	29.85	34.00	30.00	21.85	3.09
Low Price (₹)	2.75	8.40	11.01	12.40	2.53	1.12
Market Cap (₹ Cr)	100.08	176.87	536.07	271.38	353.55	45.14

Solvency Ratios	TTM	Mar-25	Mar-24	Mar-23	Mar-22	Mar-21	Mar-20	Mar-19	Mar-18	Mar-17	Mar-16
Debt to Equity	0.54	0.99	0.83	0.72	0.89	1.12
Short term debt to equity ratio	--	0.17	0.39	0.28	0.23	0.46
Current Ratio	2.35	2.53	2.27	2.40	3.45	2.15
Quick Ratio	1.79	1.81	1.64	1.83	2.51	1.57
Interest Coverage	1.89	1.26	1.51	2.03	1.36	1.83

Operating Efficiency Ratios	TTM	Mar-25	Mar-24	Mar-23	Mar-22	Mar-21	Mar-20	Mar-19	Mar-18	Mar-17	Mar-16
Debtors to sales (%)	30.48	24.00	17.61	20.03	17.37	25.03
Asset Turnover	1.20	1.27	1.58	1.96	1.65	1.40
Receivable days	--	75.40	67.36	57.52	66.73	80.57
Inventory Days	--	59.06	48.57	36.51	43.78	52.20
Payable days	--	55.17	47.26	27.91	27.06	34.85
Cash Conversion Cycle	--	79.29	68.67	66.12	83.46	97.92

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.