Variman Global Peer Comparison

BSE: 540570

₹4.32

₹-0.20 (-4.42%)

As on 19-Oct-2026IST

Market cap

₹84 Cr

Revenue (TTM)

₹126 Cr

P/E Ratio

34.8

P/B Ratio

1.7

Div. Yield

0 %

Edit

	Variman Global	Hexaware Technologies	Netweb Tech	Megasoft	KPIT Technologies
Market cap (₹ Cr)	84	35,091	27,946	17,323	14,694
Revenue (₹ Cr)	126	14,670	2,702	843	6,591
Net Profit (₹ Cr)	2.45	1,343.30	260.66	163.80	628.38
Net Margin (%)	1.89	9.19	9.55	17.14	9.42
RoE (%)	4.88	22.16	40.04	15.04	18.39
Price to Earnings	34.78	26.12	107.21	114.06	25.22
Price-To-Book	1.69	5.23	13.91	17.91	4.12

Income Statement (₹ Cr)

	Variman Global	Hexaware Technologies	Netweb Tech	Megasoft	KPIT Technologies
Operating Revenue	126.18	14,669.70	2,702.04	842.79	6,591.16
Total Income	129.31	14,615.50	2,728.30	955.71	6,669.28
Total Expenditure	120.81	12,264.70	2,341.54	721.87	5,361.72
EBITDA	5.36	2,405.00	360.50	120.93	1,229.45
Depreciation	0.64	385.00	14.21	20.95	320.21
EBIT	4.73	2,020.00	346.29	99.98	909.24
Interest	4.16	119.00	23.50	23.57	84.59
Other Income	3.14	-54.20	26.27	112.91	78.12
Exceptional Items	0.00	-111.10	0.00	-12.08	-59.71
Profit before Tax	3.70	1,735.70	349.05	177.25	843.05
Provision for Tax	1.25	392.40	88.39	13.45	214.67
Profit after Tax	2.45	1,343.30	260.66	163.80	628.38

	Variman Global	Hexaware Technologies	Netweb Tech	Megasoft	KPIT Technologies
Shareholder's Funds	50.74	6,711.70	723.30	468.41	3,540.91
Minority Interest	-0.02	0.30	0.00	-11.51	0.74
Non-Current Liabilities	27.29	1,122.20	13.89	135.71	895.77
Current Liabilities	31.20	3,744.10	1,517.74	455.01	2,811.75
Total Liabilities	98.52	10,902.30	892.21	468.34	4,963.76

	Variman Global	Hexaware Technologies	Netweb Tech	Megasoft	KPIT Technologies
Non-Current Assets	30.44	5,340.80	50.28	344.89	3,872.24
Current Assets	73.39	5,359.80	2,189.90	645.26	2,896.15
Total Assets	98.52	10,902.30	892.21	468.34	4,963.76
Total Debt*	30.76	0.00	1.27	146.27	1.53
Net Current Assets	42.18	1,615.70	672.16	190.24	84.40
Contingent Liabilities	12.21	--	83.75	0.29	21.07

	Variman Global	Hexaware Technologies	Netweb Tech	Megasoft	KPIT Technologies
Cash From Operating Activities	-16.94	1,739.10	-13.21	19.38	1,389.53
Cash Flow from Investing Activities	-1.08	-996.20	111.59	20.45	-568.98
Cash from Financing Activities	18.12	-830.80	-17.97	-50.10	-342.44
Net Cash Inflow / Outflow	0.09	-87.90	80.41	-10.27	478.11

	Variman Global	Hexaware Technologies	Netweb Tech	Megasoft	KPIT Technologies
ROCE (%)	7.17	31.40	32.90	4.17	46.04
ROE (%)	4.88	22.16	40.04	15.04	18.39
ROA (%)	2.33	12.87	16.56	23.01	10.23
EBIT Margin (%)	3.75	13.77	12.82	11.86	13.79
Net Margin (%)	1.89	9.19	9.55	17.14	9.42
Cash Profit Margin (%)	0.00	0.00	0.00	0.00	0.00

	Variman Global	Hexaware Technologies	Netweb Tech	Megasoft	KPIT Technologies
Revenue Growth (%)	7.75	14.98	107.70	941.31	9.55
EBIT Growth (%)	440.34	25.09	102.17	1,816.74	-9.21
Net Profit Growth (%)	-0.93	1.21	102.07	1.85	-22.33
EPS Growth (%)	-1.23	8.17	101.02	-124.28	-22.51
Book Value Growth (%)	-4.16	17.80	26.15	-51.52	33.35

	Variman Global	Hexaware Technologies	Netweb Tech	Megasoft	KPIT Technologies
Price / Earnings	34.78	24.29	102.48	-200.72	23.49
Price / Book Value	1.69	5.23	13.91	17.91	4.12
Dividend Yield (%)	0.00	2.00	0.06	0.00	1.40
EV/EBITDA	21.26	13.71	76.64	145.53	11.20
Market Cap (₹ Cr)	176.87	46,564.54	8,575.26	375.41	35,526.13

	Variman Global	Hexaware Technologies	Netweb Tech	Megasoft	KPIT Technologies
Debt to Equity	0.54	0.00	0.00	0.23	0.04
Short term debt to equity ratio	0.17	--	--	0.04	0.00
Current Ratio	2.35	1.43	1.44	1.42	1.03
Quick Ratio	1.79	1.43	0.91	0.99	1.00
Interest Coverage	1.89	15.59	15.85	8.52	10.97

	Variman Global	Hexaware Technologies	Netweb Tech	Megasoft	KPIT Technologies
Debtors to sales (%)	30.48	17.17	24.79	43.12	16.31
Asset Turnover	1.20	1.41	1.72	1.18	1.07
Receivable days	75.40	54.78	86.62	200.72	57.64
Inventory Days	59.06	0.00	53.36	66.61	5.46
Payable days	55.17	--	87.70	98.88	1,368.00
Cash Conversion Cycle	79.29	--	52.28	168.45	-1,304.89

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