Variman Global Enterprises Ltd Stock Price Today (NSE: VARIMAN)

Variman Global Enterprises Ltd

3.720.12 (3.13%)
Market Closed

Fundamental Score

...

Variman Global Enterprises Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis

Variman Global Enterprises Ltd share price today is 3.72, down 3.13% on NSE/BSE as of 17 June 2026. Variman Global Enterprises Ltd (VARIMAN) is a Small-cap company in the Trading & Distributors sector with a market capitalisation of 135.82 (Cr). The 52-week high for VARIMAN share price is 18.00 and the 52-week low is 2.75. At a P/E ratio of 65.61x, VARIMAN is currently trading above its industry average P/E of 35.45x. The company has a Return on Equity (ROE) of 1.54% and a debt-to-equity ratio of 0.64.

Variman Global Enterprises Ltd Share Price Chart — NSE/BSE Historical Performance

No data
High
5.19
Low
3.72
Volume
88.4K
Change
-18.07%

Variman Global Enterprises Ltd share price chart: -18.07% return over the past month. 52-week high ₹18.00, 52-week low ₹2.75.

Variman Global Enterprises Ltd — Last 10 Trading Days

DateOpenHighLowCloseVolume
4.104.183.903.921.74L (Cr)
4.284.293.954.101.36L (Cr)
4.374.374.034.151.14L (Cr)
4.484.484.144.172.49L (Cr)
4.444.444.254.3551.18K (Cr)
4.284.604.254.3691.25K (Cr)
4.324.564.144.472.36L (Cr)
4.494.504.254.3556.23K (Cr)
4.604.744.304.3770.64K (Cr)
4.504.704.314.521.03L (Cr)

Variman Global Enterprises Ltd — Last 12 Months Price History

MonthOpenHighLowCloseChange
4.284.293.903.92-8.41%
4.855.194.034.15-14.43%
2.885.862.884.83+67.71%
4.644.952.752.75-40.73%
4.515.504.094.88+8.20%
6.547.014.754.75-27.37%
7.548.366.506.61-12.33%
9.609.776.867.29-24.06%
10.6511.588.459.31-12.58%
13.0313.8210.1010.28-21.11%
13.7816.2912.1812.74-7.55%
17.5018.0013.2214.06-19.66%

AI Research Briefing

Powered by Gemini · 2026-04-10

Micro-cap IT gamble with weak financials and a history of broken promises.

Research Confidence
4.0/10Low
DEBT TRAP TURNAROUNDBreakdown: 1M: -25.03%, 3M: -48.18%, 6M: -34.4%Expensive: P/E is 65.61x vs industry P/E of 35.45x

WHAT'S HAPPENING NOW (last 2-4 weeks)

Variman Global released pledge on 60 Lakh equity shares. Promoter stake decreased marginally by 0.09%. Stock price fell to a 52-week low of around March 27, 2026. As of April 9, 2026, the share price is

CORE STORY (THE REAL GAME)

Variman is being priced as a deep value turnaround play in the IT infrastructure and trading space, despite weak fundamentals and a history of missed acquisitions. The market is hoping for a significant operational turnaround.

Why Now
  • Pledge release created a short-term bounce
  • Q3 profit growth of 78.7% YoY
  • Deep value hope
Potential Catalysts
  • Significant IT infrastructure order wins
  • Successful acquisition
  • Sharp turnaround in profitability
Key Risks
  • Micro/SME cap = liquidity risk
  • Negative free cash flow
  • Low promoter stake and increasing pledged shares
Institutional Activity

FII stake is 1.61% and decreasing. Promoter stake is 27.92% and decreasing. DII stake is zero.

Macro Context

Distribution businesses are capital-heavy and operationally intense.

Cash Flow Quality

No: Free Cash Flow 5Y: ₹-44.1 Cr

3–6 Month Outlook

Hope for a turnaround driven by increased IT spending. Expect volatility due to micro-cap status and weak financials.

Primary Thesis Risk

Inability to generate free cash flow will lead to debt spiral.

For educational purposes only. Not investment advice. Consult a SEBI-registered advisor before investing.

Returns & Performance

Poor

Return on Equity (ROE)

1.54%

Profit generated per ₹1 of shareholder equity

Poor

Return on Capital (ROCE)

6.78%

Returns generated on total capital deployed

Poor

Oper. Profit Margin (5Y Avg)

0.30%

Average operating profit margin over 5 years

Dividend Yield

0.00%

Annual dividend as % of current share price

Variman Global Enterprises Ltd Valuation Check

Poor

Price to Earnings (P/E)

65.61x

Share price ÷ earnings per share. Lower = cheaper

Poor

Industry Avg P/E

35.45x

Average P/E of all peers in this sector

Market-cap Classification
Small-cap
Higher growth potential with higher volatility.

Shareholding Pattern

Excellent

Promoter Holding

27.92%

% shares held by company founders/management

Poor

FII Holding

1.61%

% shares held by foreign institutional investors

Poor

DII Holding

0.00%

% held by domestic mutual funds, LIC, banks

Poor

Promoter Pledged %

11.04%

% of promoter shares pledged as collateral — lower is safer

Growth Engine

Poor

Profit Growth (Quarterly YoY)

-76.92%

Net profit growth vs same quarter last year

Poor

Revenue Growth (Quarterly YoY)

-30.25%

Revenue growth vs same quarter last year

Good

Revenue Growth (5-Year CAGR)

12.24%

Compounded annual revenue growth over 5 years

Poor

EPS Growth (5-Year CAGR)

-2.32%

Earnings per share growth over 5 years

Poor

Net Profit Growth (5-Year CAGR)

0.67%

Compounded annual net profit growth over 5 years

Balance Sheet Health

Poor

Debt to Equity Ratio

0.64x

Total debt ÷ equity. Below 0.5 = financially healthy

Poor

Interest Coverage Ratio

1.68x

EBIT ÷ interest expense. Above 2.5 = can pay interest comfortably

Free Cash Flow (5-Year Total)

-44.10 (Cr)

Cash left after capex over 5 years. Positive = self-funded growth

Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice

Variman Global Enterprises Ltd Fundamental Analysis & Valuation Benchmarking

Educational evaluation of VARIMAN across key market metrics for learning purposes.

Positive Indicators

1 factors identified

Consistent Growth Track Record (12.24% CAGR)

Observation: Strong 5-year sales compound annual growth rate.

Analysis: Consistent sales CAGR >12% demonstrates sustainable growth model.

Risk Factors

13 factors identified

Below-Average Return on Equity (1.54%)

Observation: Returns on equity are below industry benchmarks.

Analysis: ROE <10% may indicate inefficient capital utilization. Consider monitoring for operational improvements and management effectiveness.

Suboptimal ROCE (6.78%)

Observation: Returns on capital employed are below expectations.

Analysis: ROCE <10% suggests potential inefficiencies in capital allocation.

Margin Pressure Concerns (0.30%)

Observation: Operating margins are below industry standards.

Analysis: OPM <5% may indicate pricing pressures or cost management challenges.

Premium Valuation Risk (P/E: 65.61x)

Observation: High valuation multiples may limit upside potential.

Analysis: Elevated P/E ratios require strong growth execution to justify current valuations.

Profit Decline Concern (-76.92%)

Observation: Significant year-over-year profit contraction observed.

Analysis: Declining profitability requires investigation into underlying causes.

Revenue Contraction (-30.25%)

Observation: Sales decline may indicate market challenges or competitive pressures.

Analysis: Negative revenue growth requires analysis of market conditions.

Weak Earnings Growth (-2.32% CAGR)

Observation: Below-average 5-year EPS growth performance.

Analysis: Low EPS growth may not keep pace with inflation.

Stagnant Profit Growth (0.67% CAGR)

Observation: Limited 5-year profit growth trajectory.

Analysis: Low profit growth may indicate scalability challenges or market maturity.

Weak Interest Coverage (1.68x)

Observation: Limited ability to service debt obligations from earnings.

Analysis: Low interest coverage raises concerns about financial stability.

Negative Free Cash Flow (₹-44.10 Cr over 5Y)

Observation: Cash outflows exceed inflows.

Analysis: Negative FCF requires analysis of capital expenditure cycle.

Low Promoter Commitment (27.92%)

Observation: Reduced promoter stake may indicate limited confidence.

Analysis: Low promoter holding may raise questions about management commitment.

Limited Institutional Interest (FII+DII: 1.61%)

Observation: Low institutional participation may affect liquidity.

Analysis: Limited institutional interest may indicate size constraints or visibility issues.

No Dividend Distribution

Observation: Company does not currently pay dividends to shareholders.

Analysis: Zero dividend yield may indicate growth reinvestment focus or cash flow constraints.

Variman Global Enterprises Ltd vs Trading & Distributors Peers

Peer Comparison - Trading & Distributors

Compare Variman Global Enterprises Ltd with 10 other companies in the same sector

11 companies
Company Info
Fundamental
Valuation
Profitability
Financial Health
Growth
Dividend
Company
Company name
Score
Bull Run comprehensive fundamental score based on 20+ metrics
Price
Current trading price of the stock
Market Cap
Total value of all shares in the market
P/E
Price per share divided by earnings per share
ROE
Net income divided by shareholder equity
ROCE
Earnings before interest and tax divided by capital employed
Debt/Eq
Total debt divided by total equity
Profit 5Y
Average annual profit growth over 5 years
Sales 5Y
Average annual sales growth over 5 years
Dividend
Annual dividend per share divided by price per share
0/100
4
₹135.82
65.6
Average
1.54%
Poor
6.78%
Poor
0.6
Good
0.67%
Average
12.24%
Good
0.00%
Redington Ltd...
REDINGTON532805
58.5/100
223
₹22049.92
16.1
Average
14.39%
Average
18.90%
Good
0.3
Excellent
17.72%
Excellent
14.06%
Good
2.41%
MMTC Ltd...
MMTC513377
32.1/100
66
₹8949.04
127.3
Average
5.87%
Poor
7.70%
Poor
0.0
Excellent
19.08%
Excellent
-86.52%
Poor
0.00%
MSTC Ltd...
MSTCLTD542597
63.7/100
439
₹3458.41
15.7
Average
28.37%
Excellent
29.26%
Excellent
0.2
Excellent
15.18%
Excellent
-24.06%
Poor
8.24%
24.7/100
405
₹3333.57
49.5
Average
26.05%
Excellent
27.44%
Excellent
0.2
Excellent
0.00%
11.1/100
154
₹2132.64
35.5
Average
17.05%
Good
15.42%
Good
0.2
Excellent
0.06%
34.8/100
379
₹1813.06
38.4
Average
9.28%
Poor
11.83%
Average
0.1
Excellent
0.00%
66.6/100
637
₹1297.46
519.0
Average
87.02%
Excellent
82.72%
Excellent
0.0
Excellent
158.76%
Excellent
66.77%
Excellent
0.00%
41.9/100
19
₹1111.34
402.7
Average
1.24%
Poor
2.46%
Poor
0.1
Excellent
61.76%
Excellent
35.83%
Excellent
0.00%
32.3/100
30300
₹1021.99
11.7
Average
9.31%
Poor
9.39%
Poor
0.0
Excellent
10.82%
Good
4.86%
Average
1.50%
62.3/100
46
₹811.32
6.4
Average
12.62%
Average
16.29%
Good
0.0
Excellent
28.35%
Excellent
61.75%
Excellent
0.00%

Variman Global Enterprises Ltd Quarterly Performance

Latest quarterly metrics for VARIMAN — revenue growth and profit growth vs same quarter last year

Revenue Growth (YoY)

-30.25%

Latest quarter vs same quarter previous year

Net Profit Growth (YoY)

-76.92%

Latest quarter net profit vs same quarter previous year

5-Year Revenue CAGR

12.24%

Compounded annual revenue growth over 5 years

5-Year Profit CAGR

0.67%

Compounded annual net profit growth over 5 years

Variman Global Enterprises Ltd Technical Indicators

SMA 50, SMA 200, RSI and volume signals for VARIMAN — calculated from daily price history

20RSI 14
Oversold — RSI 20

Selling pressure is heavy — potential reversal zone.

SMA 50
4
▼ Price below SMA 50 — Short-term bearish
SMA 200
7
▼ Price below SMA 200 — Long-term downtrend
30-Day Avg Volume
178K shares/day
Average daily traded volume over last 30 trading sessions

Technical indicators are for educational purposes only. Not investment advice.

Variman Global Enterprises Ltd Financial Statements

Annual income statement, balance sheet and cash flow for Variman Global Enterprises Ltd (VARIMAN) — sourced from NSE/BSE filings.

Loading Financial Statements...

Fetching financial data for Variman Global Enterprises Ltd

About VARIMAN (Variman Global Enterprises Ltd)

Variman Global Enterprises Ltd is a dynamic trading and distribution powerhouse, specializing in the seamless movement of goods across diverse sectors. With a sharp focus on effici...ency and reliability, VARIMAN acts as a vital link in the supply chain, connecting manufacturers with retailers and end-users. Their core business revolves around sourcing high-quality products, managing complex logistics, and ensuring timely delivery to meet the ever-evolving demands of the market. VARIMAN's strength lies in its established network, strategic partnerships, and unwavering commitment to providing value-added services that optimize the flow of goods and drive business growth for both suppliers and customers alike. At the heart of VARIMAN's operations lies a sophisticated distribution network that leverages advanced technology and data-driven insights. The company invests heavily in its infrastructure, including warehousing facilities, transportation systems, and inventory management software, to guarantee operational excellence. Furthermore, VARIMAN possesses a deep understanding of market trends and consumer preferences, which allows them to anticipate demand fluctuations and proactively adjust their supply chain strategies. Through this combination of technological prowess and market intelligence, VARIMAN is able to deliver exceptional service and maintain a competitive edge in the fast-paced world of trading and distribution. Beyond simply moving goods, VARIMAN cultivates lasting relationships with its clients and partners. They prioritize clear communication, transparency, and a collaborative approach to ensure mutual success. Their team of experienced professionals is dedicated to providing personalized support and customized solutions to address each client's unique needs. Whether it's optimizing inventory levels, streamlining logistics processes, or expanding market reach, VARIMAN is a trusted partner committed to helping businesses thrive in the complex landscape of global commerce. Their dedication to integrity and building strong relationships underpins their continued success and solidifies their position as a leading player in the trading and distribution industry.

Company Details

Symbol:VARIMAN
Industry:Trading & Distributors
Sector:Trading & Distributors

Key Leadership

Mr. Sirish Dayata
MD & Director
Mr. Raja Pantham
CFO & Whole Time Executive Director
Mr. Praveen Dyta
Whole-Time Director

VARIMAN Share Price: Frequently Asked Questions

What is the current share price of Variman Global Enterprises Ltd?

Variman Global Enterprises Ltd (VARIMAN) trades at ₹3.72 on NSE and BSE. Market cap ₹135.82 (Cr). Educational data only.

What is the P/E ratio of Variman Global Enterprises Ltd?

Variman Global Enterprises Ltd has a P/E of 65.61x vs industry average 35.45x.

What is the Bull Run score for Variman Global Enterprises Ltd?

Variman Global Enterprises Ltd has a Bull Run score of 0/100 based on 25+ financial parameters.

Does Variman Global Enterprises Ltd pay dividends?

Variman Global Enterprises Ltd has a dividend yield of 0.00%. Past dividends don't guarantee future payments.

What is the ROE of Variman Global Enterprises Ltd?

Variman Global Enterprises Ltd has ROE of 1.54%. Higher ROE indicates better use of shareholder equity.

What is the debt-to-equity ratio of Variman Global Enterprises Ltd?

Variman Global Enterprises Ltd has debt-to-equity of 0.64.

Is Variman Global Enterprises Ltd a good investment?

Bull Run gives Variman Global Enterprises Ltd a score of 0/100. This is not investment advice — consult a SEBI-registered advisor.