Market cap
₹96 Cr
Revenue (TTM)
₹126 Cr
P/E Ratio
39.5
P/B Ratio
1.9
Div. Yield
0 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | -42.44 | -20.37 | 7.75 | 7.27 | 14.01 |
| EBIT | 15.98 | 22.32 | 440.34 | 80.03 | 51.52 |
| Net Profit | 2,456.10 | -46.12 | -0.98 | 145.88 | 23.36 |
| EPS | 2,461.90 | -46.20 | -1.19 | 133.21 | 19.55 |
| Book Value | -- | -- | -4.16 | 12.16 | 10.84 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Mar-25 | Mar-24 |
| EBIT-Margin
| -1.33 | -0.02 | 3.75 | -1.46 | -0.19 |
| Net Margin
| 1.31 | 1.08 | 1.89 | 0.61 | 1.11 |
| Return on equity
| 2.72 | 4.42 | 4.88 | 2.21 | 4.16 |
| Return on Capital
| 5.87 | 8.11 | -- | 7.17 | 8.20 |
| Return on Assets
| 1.67 | 1.79 | 2.33 | 0.80 | 1.77 |
| Debt to Equity (x)
| -- | -- | 0.54 | 0.99 | 0.83 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Variman Global
|
--
|
7.17
|
8.20
|
9.80
|
6.53
|
|
Peer Median
|
--
|
17.31
|
18.97
|
16.89
|
11.51
|
ROE
4.88
Lower than Peers by 6.67
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Variman Global
|
4.88
|
2.21
|
4.16
|
7.14
|
2.60
|
|
Peer Median
|
11.55
|
13.47
|
15.21
|
11.99
|
8.42
|
ROA
2.33
Lower than Peers by 5.55
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Variman Global
|
2.33
|
0.80
|
1.77
|
3.07
|
1.02
|
|
Peer Median
|
7.88
|
9.36
|
10.36
|
7.29
|
9.00
|
EBIT Margin
3.75
Lower than Peers by 7.79
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Variman Global
|
3.75
|
-1.46
|
-0.19
|
0.44
|
-0.36
|
|
Peer Median
|
11.54
|
12.85
|
11.93
|
10.74
|
10.21
|
Net Margin
1.89
Lower than Peers by 9.16
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Variman Global
|
1.89
|
0.61
|
1.11
|
1.52
|
0.60
|
|
Peer Median
|
11.05
|
9.74
|
9.72
|
9.77
|
10.67
|
Cash Profit Margin
--
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Variman Global
|
--
|
1.33
|
1.57
|
1.79
|
0.95
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
7.75
Lower than Peers by 6.46
Year on year growth in net sales
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Variman Global
|
7.75
|
-4.15
|
-2.35
|
51.30
|
30.39
|
|
Peer Median
|
14.21
|
11.37
|
21.22
|
22.79
|
20.77
|
EBIT Growth
440.34
Higher than Peers by 425.92
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Variman Global
|
440.34
|
-623.75
|
-142.58
|
287.11
|
-132.20
|
|
Peer Median
|
14.42
|
14.15
|
37.86
|
40.18
|
20.93
|
Net Profit Growth
-0.98
Lower than Peers by 20.63
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Variman Global
|
-0.98
|
-46.24
|
-27.89
|
283.89
|
-50.72
|
|
Peer Median
|
19.65
|
8.15
|
58.06
|
33.39
|
5.10
|
EPS Growth
-1.19
Lower than Peers by 13.85
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Variman Global
|
-1.19
|
-46.22
|
16.58
|
342.26
|
-141.57
|
|
Peer Median
|
12.66
|
3.14
|
68.02
|
133.33
|
57.34
|
Book Value Growth
--
--
Year on year growth in book value per share
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Variman Global
|
--
|
-4.16
|
6.80
|
49.06
|
27.35
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
0.54
--
Total debt / Net worth
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Variman Global
|
0.54
|
0.99
|
0.83
|
0.72
|
0.89
|
|
Peer Median
|
--
|
0.00
|
0.02
|
0.04
|
0.04
|
Short term debt to equity ratio
--
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Variman Global
|
--
|
0.17
|
0.39
|
0.28
|
0.23
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
2.35
Lower than Peers by 0.07
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Variman Global
|
2.35
|
2.53
|
2.27
|
2.40
|
3.45
|
|
Peer Median
|
2.42
|
2.33
|
2.36
|
2.33
|
2.22
|
Quick Ratio
1.79
Lower than Peers by 0.62
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Variman Global
|
1.79
|
1.81
|
1.64
|
1.83
|
2.51
|
|
Peer Median
|
2.41
|
2.73
|
2.46
|
2.22
|
2.82
|
Interest Coverage
1.89
Lower than Peers by 21.91
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Variman Global
|
1.89
|
1.26
|
1.51
|
2.03
|
1.36
|
|
Peer Median
|
23.80
|
22.83
|
16.77
|
14.34
|
18.77
|
Operating Efficiency
Debtors to sales
30.48
Higher than Peers by 8.04
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Variman Global
|
30.48
|
24.00
|
17.61
|
20.03
|
17.37
|
|
Peer Median
|
22.44
|
22.86
|
25.14
|
22.27
|
21.51
|
Asset Turnover
1.20
Higher than Peers by 0.52
Sales / Average Total Assets
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Variman Global
|
1.20
|
1.27
|
1.58
|
1.96
|
1.65
|
|
Peer Median
|
0.68
|
0.88
|
0.85
|
0.82
|
0.87
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Variman Global
|
--
|
75.40
|
67.36
|
57.52
|
66.73
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Variman Global
|
--
|
59.06
|
48.57
|
36.51
|
43.78
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Variman Global
|
--
|
55.17
|
47.26
|
27.91
|
27.06
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Variman Global
|
--
|
79.29
|
68.67
|
66.12
|
83.46
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
39.45
Higher than Peers by 5.85
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Variman Global
|
39.45
|
250.41
|
408.15
|
241.62
|
--
|
|
Peer Median
|
33.60
|
37.05
|
38.68
|
62.74
|
22.19
|
Price / Book Value
1.91
Lower than Peers by 1.35
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Variman Global
|
1.91
|
5.66
|
16.45
|
8.90
|
17.28
|
|
Peer Median
|
3.26
|
3.60
|
3.22
|
4.97
|
3.08
|
Dividend Yield
--
--
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Variman Global
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
--
|
--
|
0.14
|
0.05
|
0.19
|
EV/EBITDA
15.21
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Variman Global
|
15.21
|
36.75
|
109.23
|
60.96
|
139.46
|
|
Peer Median
|
--
|
25.63
|
29.72
|
57.19
|
13.82
|
Market Cap
96
Lower than Peers by 1,751
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Variman Global
|
96
|
177
|
536
|
271
|
354
|
|
Peer Median
|
1,846
|
1,500
|
1,167
|
1,392
|
749
|