Varmora Granito Key Ratios
NSE: VARMORA | BSE: 544942
₹133.05
As on 12-Oct-2026IST
Market cap
₹3,007 Cr
Revenue (TTM)
₹1,512 Cr
P/E Ratio
48.5
P/B Ratio
2.7
Div. Yield
0 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | -- | -- | 4.59 | 4.25 | 12.55 |
| EBIT | -- | -- | 103.20 | 3.22 | 0.68 |
| Net Profit | -- | -- | 79.03 | 0.02 | 6.83 |
| EPS | -- | -- | 76.07 | 6.47 | 5.91 |
| Book Value | -- | -- | 8.66 | 6.95 | 28.91 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | Mar-26 | Mar-25 | Mar-24 |
| EBIT-Margin
| 3.14 | 4.39 | 4.33 | 2.23 | 3.60 |
| Net Margin
| 3.15 | 3.45 | 3.53 | 2.06 | 3.05 |
| Return on equity
| 6.17 | 11.69 | 7.33 | 4.44 | 6.91 |
| Return on Capital
| 8.66 | 12.85 | 9.67 | 6.86 | 9.13 |
| Return on Assets
| 3.29 | 4.34 | 3.56 | 2.02 | 3.30 |
| Debt to Equity (x)
| -- | -- | 0.46 | 0.70 | 0.60 |
Profitability
ROCE
9.67
Higher than Peers by 3.09
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Varmora Granito
|
9.67
|
6.86
|
9.13
|
18.41
|
20.17
|
|
Peer Median
|
6.58
|
4.73
|
8.13
|
13.71
|
--
|
ROE
7.33
No difference
Profit after tax / Average Net worth * 100
|
Company Name
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Varmora Granito
|
7.33
|
4.44
|
6.91
|
13.04
|
26.72
|
|
Peer Median
|
7.33
|
1.12
|
5.18
|
12.05
|
--
|
ROA
3.56
Higher than Peers by 0.72
Profit after tax / Average Total assets * 100
|
Company Name
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Varmora Granito
|
3.56
|
2.02
|
3.30
|
5.50
|
7.30
|
|
Peer Median
|
2.85
|
0.71
|
2.49
|
5.72
|
--
|
EBIT Margin
4.33
Lower than Peers by 1.94
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Varmora Granito
|
4.33
|
2.23
|
3.60
|
4.46
|
7.31
|
|
Peer Median
|
6.27
|
4.62
|
6.00
|
7.61
|
--
|
Net Margin
3.53
Lower than Peers by 0.00
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Varmora Granito
|
3.53
|
2.06
|
3.05
|
3.93
|
4.70
|
|
Peer Median
|
3.53
|
1.71
|
2.92
|
5.21
|
--
|
Cash Profit Margin
10.65
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Varmora Granito
|
10.65
|
10.39
|
7.42
|
8.33
|
8.06
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
4.59
Lower than Peers by 5.42
Year on year growth in net sales
|
Company Name
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Varmora Granito
|
4.59
|
0.73
|
7.53
|
26.47
|
26.02
|
|
Peer Median
|
10.01
|
2.54
|
1.02
|
23.41
|
--
|
EBIT Growth
103.20
Higher than Peers by 40.96
Year on year growth in operating profit (EBIT)
|
Company Name
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Varmora Granito
|
103.20
|
-37.55
|
-13.33
|
-22.85
|
21.88
|
|
Peer Median
|
62.24
|
-7.91
|
-0.77
|
7.25
|
--
|
Net Profit Growth
79.03
Lower than Peers by 11.19
Year on year growth in profit after tax
|
Company Name
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Varmora Granito
|
79.03
|
-31.52
|
-18.40
|
10.20
|
26.20
|
|
Peer Median
|
90.22
|
48.28
|
3.29
|
-8.47
|
--
|
EPS Growth
76.07
Lower than Peers by 20.49
Year on year growth in earnings per share
|
Company Name
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Varmora Granito
|
76.07
|
-20.91
|
-13.32
|
-19.56
|
37.24
|
|
Peer Median
|
96.55
|
42.37
|
--
|
22.28
|
--
|
Book Value Growth
8.66
--
Year on year growth in book value per share
|
Company Name
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Varmora Granito
|
8.66
|
7.95
|
5.24
|
200.71
|
29.09
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
0.46
Higher than Peers by 0.15
Total debt / Net worth
|
Company Name
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Varmora Granito
|
0.46
|
0.70
|
0.60
|
0.41
|
1.01
|
|
Peer Median
|
0.30
|
0.16
|
0.13
|
0.15
|
--
|
Short term debt to equity ratio
0.17
--
(Short term borrowings / Net worth)
|
Company Name
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Varmora Granito
|
0.17
|
0.30
|
0.16
|
0.20
|
0.42
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
1.67
Lower than Peers by 0.03
Current Assets / Current Liabilities and Provisions
|
Company Name
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Varmora Granito
|
1.67
|
1.49
|
1.57
|
1.82
|
1.28
|
|
Peer Median
|
1.70
|
1.54
|
1.59
|
1.93
|
--
|
Quick Ratio
1.15
Lower than Peers by 0.08
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Varmora Granito
|
1.15
|
0.98
|
1.12
|
1.41
|
0.95
|
|
Peer Median
|
1.23
|
1.01
|
0.84
|
0.88
|
--
|
Interest Coverage
2.94
Lower than Peers by 0.33
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Varmora Granito
|
2.94
|
1.89
|
3.17
|
3.03
|
5.08
|
|
Peer Median
|
3.28
|
1.81
|
2.70
|
5.36
|
--
|
Operating Efficiency
Debtors to sales
25.30
Higher than Peers by 0.72
Debtors outstanding / Net Sales * 100
|
Company Name
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Varmora Granito
|
25.30
|
26.43
|
23.19
|
27.08
|
25.39
|
|
Peer Median
|
24.58
|
20.25
|
13.27
|
12.94
|
--
|
Asset Turnover
0.98
Lower than Peers by 0.14
Sales / Average Total Assets
|
Company Name
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Varmora Granito
|
0.98
|
0.95
|
1.05
|
1.33
|
1.54
|
|
Peer Median
|
1.11
|
0.91
|
0.93
|
1.26
|
--
|
Receivable days
92.29
--
Average Debtors / Sales * 365
|
Company Name
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Varmora Granito
|
92.29
|
90.26
|
88.28
|
86.05
|
88.48
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
64.47
--
Average Inventory / Sales * 365
|
Company Name
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Varmora Granito
|
64.47
|
60.10
|
48.25
|
41.86
|
33.78
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
134.90
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Varmora Granito
|
134.90
|
151.32
|
127.80
|
152.29
|
129.05
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
21.86
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Varmora Granito
|
21.86
|
-0.96
|
8.73
|
-24.39
|
-6.79
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
--
--
Current share price divided by earning per share in the last twelve months
|
Company Name
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Varmora Granito
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
35.25
|
44.39
|
121.99
|
35.13
|
--
|
Price / Book Value
--
--
Current share price divided by book value per share in the latest financial year
|
Company Name
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Varmora Granito
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
2.73
|
2.04
|
1.61
|
2.30
|
--
|
EV/EBITDA
1.28
Lower than Peers by 25.49
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Varmora Granito
|
1.28
|
2.16
|
2.47
|
0.33
|
1.82
|
|
Peer Median
|
26.76
|
16.55
|
24.00
|
18.42
|
--
|
Market Cap
--
--
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Varmora Granito
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
2,095
|
705
|
760
|
706
|
--
|