Varvee Global
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Varvee Global, the Ahmedabad-based textile manufacturer formerly known as Aarvee Denims and Exports, said it had received a purchase order worth ₹12.08 crores to supply roughly 900,000 metres of suiting fabric. The order is scheduled for execution over the next three months, bolstering the company's order book after its recent operational turnaround. Varvee, which reported FY26 revenue of ₹62.8 crores and a net profit of ₹12.45 crores, did not disclose the buyer's identity. The win comes as the nano-cap company focuses on expanding in higher-value non-denim categories, having shifted from denim production to value-added shirting and suiting fabrics.
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Varvee Global, the Ahmedabad-based textile manufacturer formerly known as Aarvee Denims and Exports, said it had received a purchase order worth ₹12.08 crores to supply roughly 900,000 metres of suiting fabric. The order is scheduled for execution over the next three months, bolstering the company's order book after its recent operational turnaround. Varvee, which reported FY26 revenue of ₹62.8 crores and a net profit of ₹12.45 crores, did not disclose the buyer's identity. The win comes as the nano-cap company focuses on expanding in higher-value non-denim categories, having shifted from denim production to value-added shirting and suiting fabrics.
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June 9 (Reuters) - Varvee Global Ltd VARV.NS:
VARVEE GLOBAL - RECEIVES PURCHASE ORDER WORTH 120.8 MILLION RUPEES
Source text: ID:nBSE3Sh7TQ
Further company coverage: VARV.NS
(([email protected];))
June 9 (Reuters) - Varvee Global Ltd VARV.NS:
VARVEE GLOBAL - RECEIVES PURCHASE ORDER WORTH 120.8 MILLION RUPEES
Source text: ID:nBSE3Sh7TQ
Further company coverage: VARV.NS
(([email protected];))
April 2 (Reuters) - Varvee Global Ltd VARV.NS:
VARVEE GLOBAL LTD - JIGNESH PARMAR RESIGNS AS CFO EFFECTIVE APRIL 30, 2026
Source text: ID:nBSE5l5Th4
Further company coverage: VARV.NS
(([email protected];))
April 2 (Reuters) - Varvee Global Ltd VARV.NS:
VARVEE GLOBAL LTD - JIGNESH PARMAR RESIGNS AS CFO EFFECTIVE APRIL 30, 2026
Source text: ID:nBSE5l5Th4
Further company coverage: VARV.NS
(([email protected];))
Jan 12 (Reuters) - Varvee Global Ltd VARV.NS:
VARVEE GLOBAL LTD - TO CONSIDER SHARE SPLIT
Source text: ID:nBSE9D3bVQ
Further company coverage: VARV.NS
(([email protected];))
Jan 12 (Reuters) - Varvee Global Ltd VARV.NS:
VARVEE GLOBAL LTD - TO CONSIDER SHARE SPLIT
Source text: ID:nBSE9D3bVQ
Further company coverage: VARV.NS
(([email protected];))
Jan 5 (Reuters) - Varvee Global Ltd VARV.NS:
INCREASES PRODUCTION CAPACITY TO 1.8 MILLION METERS PER MONTH
Source text: ID:nNSEQGrRR
Further company coverage: VARV.NS
(([email protected];))
Jan 5 (Reuters) - Varvee Global Ltd VARV.NS:
INCREASES PRODUCTION CAPACITY TO 1.8 MILLION METERS PER MONTH
Source text: ID:nNSEQGrRR
Further company coverage: VARV.NS
(([email protected];))
Sept 3 (Reuters) - Aarvee Denims and Exports Ltd AADM.NS:
AARVEE DENIMS AND EXPORTS LTD - LAUNCHES CONSULTATION AND ADVISORY DIVISION
Source text: ID:nNSE23pZK6
Further company coverage: AADM.NS
(([email protected];))
Sept 3 (Reuters) - Aarvee Denims and Exports Ltd AADM.NS:
AARVEE DENIMS AND EXPORTS LTD - LAUNCHES CONSULTATION AND ADVISORY DIVISION
Source text: ID:nNSE23pZK6
Further company coverage: AADM.NS
(([email protected];))
Jan 6 (Reuters) - Aarvee Denims and Exports Ltd AADM.NS:
AARVEE DENIMS AND EXPORTS LTD - TO CONSIDER RAISING CAPITAL UP TO 500 MILLION RUPEES
Source text: ID:nBSE7rnTRD
Further company coverage: AADM.NS
(([email protected];))
Jan 6 (Reuters) - Aarvee Denims and Exports Ltd AADM.NS:
AARVEE DENIMS AND EXPORTS LTD - TO CONSIDER RAISING CAPITAL UP TO 500 MILLION RUPEES
Source text: ID:nBSE7rnTRD
Further company coverage: AADM.NS
(([email protected];))
Aug 28 (Reuters) - Aarvee Denims and Exports Ltd AADM.NS:
RE-APPOINTS ASHISH V. SHAH AS MD
RE-APPOINTS VINOD P. ARORA AS CHAIRMAN, MD
Source text for Eikon: ID:nNSE5w90tj
Further company coverage: AADM.NS
(([email protected];))
Aug 28 (Reuters) - Aarvee Denims and Exports Ltd AADM.NS:
RE-APPOINTS ASHISH V. SHAH AS MD
RE-APPOINTS VINOD P. ARORA AS CHAIRMAN, MD
Source text for Eikon: ID:nNSE5w90tj
Further company coverage: AADM.NS
(([email protected];))
June 29 (Reuters) - Aarvee Denims and Exports Ltd AADM.NS:
AARVEE DENIMS AND EXPORTS LTD - COMPANY HAS RESTARTED MANUFACTURING FACILITY AT ONE OF ITS PRODUCTION UNITS AT NAROL UNIT
AARVEE DENIMS AND EXPORTS LTD - DECISION MADE TO REVAMP BUSINESS AT NAROL UNIT AS MARKET SITUATION HAS IMPROVED
Source text for Eikon: ID:nBSE1NHBQt
Further company coverage: AADM.NS
(([email protected];))
June 29 (Reuters) - Aarvee Denims and Exports Ltd AADM.NS:
AARVEE DENIMS AND EXPORTS LTD - COMPANY HAS RESTARTED MANUFACTURING FACILITY AT ONE OF ITS PRODUCTION UNITS AT NAROL UNIT
AARVEE DENIMS AND EXPORTS LTD - DECISION MADE TO REVAMP BUSINESS AT NAROL UNIT AS MARKET SITUATION HAS IMPROVED
Source text for Eikon: ID:nBSE1NHBQt
Further company coverage: AADM.NS
(([email protected];))
June 2 (Reuters) - Aarvee Denims and Exports Ltd AADM.NS:
TEMPORARILY SUSPENDED PRODUCTION AT ALL ITS PRODUCTION UNITS
DECISION WAS PRIMARILY MADE DUE TO EXTREMELY POOR DEMAND CONDITIONS IN BOTH DOMESTIC AND INTERNATIONAL MARKETS
COMPANY INTENDS TO RESTART ITS OPERATIONS, PRODUCTION AT NAROL UNIT ONCE MARKET SITUATION IMPROVES
Source text for Eikon: ID:nBSE4JYPNV
Further company coverage: AADM.NS
(([email protected];))
June 2 (Reuters) - Aarvee Denims and Exports Ltd AADM.NS:
TEMPORARILY SUSPENDED PRODUCTION AT ALL ITS PRODUCTION UNITS
DECISION WAS PRIMARILY MADE DUE TO EXTREMELY POOR DEMAND CONDITIONS IN BOTH DOMESTIC AND INTERNATIONAL MARKETS
COMPANY INTENDS TO RESTART ITS OPERATIONS, PRODUCTION AT NAROL UNIT ONCE MARKET SITUATION IMPROVES
Source text for Eikon: ID:nBSE4JYPNV
Further company coverage: AADM.NS
(([email protected];))
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What does Varvee Global do?
Aarvee Denims and Exports Ltd, founded in 1988 by Arora & VB Group, is a global player in the textile industry. They offer in-house manufacturing with top-notch technologies for quality control, allowing them to quickly respond to market demands with unique designs and weaves.
Who are the competitors of Varvee Global?
Varvee Global major competitors are Manomay Tex India, Ludlow Jute &Special, Jasch Industries, BSL, AI Champdany Inds., Digjam, Anirit Ventures. Market Cap of Varvee Global is ₹322 Crs. While the median market cap of its peers are ₹131 Crs.
Is Varvee Global financially stable compared to its competitors?
Varvee Global seems to be less financially stable compared to its competitors. Altman Z score of Varvee Global is 1.82 and is ranked 5 out of its 8 competitors.
Does Varvee Global pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Varvee Global latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
How has Varvee Global allocated its funds?
Companies resources are majorly tied in miscellaneous assets
How strong is Varvee Global balance sheet?
Balance sheet of Varvee Global is moderately strong, But short term working capital might become an issue for this company.
Is the profitablity of Varvee Global improving?
The profit is oscillating. The profit of Varvee Global is ₹12.45 Crs for TTM, ₹18.54 Crs for Mar 2025 and -₹44.62 Crs for Mar 2024.
Is the debt of Varvee Global increasing or decreasing?
The net debt of Varvee Global is decreasing. Latest net debt of Varvee Global is ₹64.48 Crs as of Mar-25. This is less than Mar-24 when it was ₹273 Crs.
Is Varvee Global stock expensive?
Yes, Varvee Global is expensive. Latest PE of Varvee Global is 25.78, while 3 year average PE is 4.63. Also latest EV/EBITDA of Varvee Global is 134 while 3yr average is 3.7.
Has the share price of Varvee Global grown faster than its competition?
Varvee Global has given lower returns compared to its competitors. Varvee Global has grown at ~7.35% over the last 9yrs while peers have grown at a median rate of 12.35%
Is the promoter bullish about Varvee Global?
Promoters stake in the company seems stable, and we need to go through filings and allocation of resources to gauge promoter bullishness. Latest quarter promoter holding in Varvee Global is 65.63% and last quarter promoter holding is 65.63%.
Are mutual funds buying/selling Varvee Global?
There is Insufficient data to gauge this.