Varvee Global Limited - manufacturing in Daskroi, Gujarat, India. FY 2026 financials and compliance.
CIN L13121GJ1988PLC010504 Incorporated 28 March 1988 ROC Ahmedabad HQ Daskroi, Gujarat, India
Active Listed - NSE: BE : AARVEEDEN · BSE: 514274 Public Limited Company manufacturing
Data last updated
Revenue · FY 2026
₹62.8 Cr
▲ 47.93% YoY
EBITDA · FY 2026
₹25.14 Cr
▼ 49.73% YoY
Net profit · FY 2026
₹12.45 Cr
▼ 32.87% YoY
Authorised capital
₹50 Cr
Registered with MCA
Paid-up capital
₹25.76 Cr
Issued & subscribed
Open charges
₹282.12 Cr
Satisfied ₹1,042.3 Cr
Company age
38 yrs
Est. 1988
Employees · EPFO
383
Latest available

About Varvee Global Limited

Data last updated: 05 January 2026

Varvee Global Limited is a public limited company based in Daskroi, Gujarat, India. It specialises in textile and fabric production, a part of the broader manufacturing sector. Incorporated on 28 March 1988, the company has been in operation for over 38 years.

Registered with ROC Ahmedabad under CIN L13121GJ1988PLC010504. Listed on BSE: 514274 and NSE: BE : AARVEEDEN.

Capital: an authorised share capital of ₹50 Cr and a paid-up capital of ₹25.76 Cr. Formerly known as Amtex India Limited and Amtex India Private Limited. It is led by directors including Gupta Jaimin Kailash and Aartiben Pravinbhai Thakkar.

Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: Daskroi, Gujarat.

As per the financials filed for FY 2025, the company reported a revenue of ₹182.36 Cr, a growth of 100% compared to the previous year.

The company has a workforce of approximately 383 employees as per the latest available data.

The company is associated with 2 brands - Aarvee Denims, Aarvee Denims & Exports. As per MCA filings, the company has open charges of ₹282.12 Cr and satisfied charges of ₹1,042.3 Cr on record.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website aarveedenims.com.

Company Details of Varvee Global Limited
CIN L13121GJ1988PLC010504
Registration Number 010504
Incorporation Date 28 March 1988
ROC Ahmedabad
Listing Status Listed (BSE: 514274, NSE: BE : AARVEEDEN)
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
Contact Details
  • Email
    **************
  • Telephone
    **************
  • Website
    **************
  • Social Media
    **************
  • Registered Address
    188/2 Ranipur Village, Opp.Cni Church Narol Ahmedabad 382 405, Daskroi, Gujarat, India – 382405
  • Industry
    Manufacturing, Textile & Fabric Production
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Financials, compliance, directors, charges, ownership and filings for Varvee Global Limited in one report.

10-year financials Directors & ownership Charges & compliance

Name History of Varvee Global Limited

Varvee Global Limited has undergone 3 name changes throughout its history. The company was previously known as Amtex India Limited, Amtex India Private Limited, and Varvee Global Limited. The current legal name is Varvee Global Limited, reflecting the company's evolution and rebranding over time.

Company Name Status
Varvee Global Limited Current
Amtex India Limited Previous
Amtex India Private Limited Previous

CIN History of Varvee Global Limited

Varvee Global Limited has one previous CIN (Corporate Identification Number): L17110GJ1988PLC010504. The current CIN is L13121GJ1988PLC010504, which is the unique identifier assigned by the Registrar of Companies.

CIN Status
L13121GJ1988PLC010504 Current
L17110GJ1988PLC010504 Previous

Associated Brands with Varvee Global Limited

Varvee Global Limited operates two associated brands: Aarvee Denims and Aarvee Denims & Exports. These brands represent Varvee Global Limited's diversified market presence and brand portfolio.

Brand Description Website
Casual apparel for men and women is manufactured and exported. aarveedenims.com
Denim jeans for men and women are manufactured in India. aarvee-denims.com

Competitors & Alternatives of Varvee Global Limited

Brands and companies operating in the same space as Varvee Global Limited include Inditex, Hopscotch, Bewakoof and 5 more.

Competitor Description Location Founded
Inditex Inditex Retailer of fashion products Arteixo, Spain, Spain 1974
Hopscotch Hopscotch Apparel and accessories for children are provided online. Thane, India, India 2012
Bewakoof Bewakoof Multi-category fashion products are sold by an internet-first brand. Mumbai, India, India 2011
American Eagle Outfitters American Eagle Outfitters Multi-category fashion products for men and women are offered. Pittsburgh, United States, United States 1977
Styched Styched Multi-category fashion for men and women is offered online. Bengaluru, India, India 2019
Levi Strauss Levi Strauss Brand of fashion apparel for men and women San Francisco, United States, United States 1853
Max Fashion Max Fashion Internet first brand of clothing, footwear, and accessories for women, men, and kids Bengaluru, India, India 2006
Be Young Be Young Everyday fashion apparel, accessories, and combo options are retailed. Udaipur, India, India 2017

Business Activity of Varvee Global Limited

Varvee Global Limited is engaged in the principal business activity of manufacturing, with detailed activities including textile, leather and other apparel products.

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
C Manufacturing C2 Textile, leather and other apparel products *********

Auditor Details of Varvee Global Limited

Varvee Global Limited is audited by PANKAJ R SHAH AND ASSOCIATES (ICAI peer reviewed, certificate valid till 2027-09-21) for the financial year 2026, as reported in its NSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.

Name Financial year Audit opinion
PANKAJ R SHAH AND ASSOCIATES (ICAI peer reviewed, certificate valid till 2027-09-21) FY 2026 Declaration of unmodified opinion

Board of Directors of Varvee Global Limited

Varvee Global Limited is currently managed by 7 directors, with 26 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Current Directors
Name Designation Appointment Date Tenure Status
Gupta Jaimin Kailash Managing Director 05 Jul 2025 1 Years 0 Months Current
Aartiben Pravinbhai Thakkar Director 14 Nov 2019 6 Years 7 Months Current
Ankit Naresh Mittal Director 01 Apr 2024 2 Years 3 Months Current
Kandarp Gajendra Trivedi Director 01 Apr 2024 2 Years 3 Months Current
Nipun Vinodkumar Arora Director 11 Aug 2018 7 Years 10 Months Current
Tarachand Gangasahay Agrawal Whole-Time Director 05 Jul 2025 1 Years 0 Months Current
Showing 6 of 7 current directors. View all directors

Financials of Varvee Global Limited FY 2026 filings available

Varvee Global Limited reported revenue of ₹62.8 Cr (up 47.93% YoY) for FY 2026. Profit growth despite declining revenue indicates effective cost management and margin discipline.

Revenue · FY 2026
₹62.8 Cr ▲ 47.93%
Profit · FY 2026
₹12.45 Cr ▼ 32.87%
EBITDA · FY 2026
₹25.14 Cr ▼ 49.73%
Revenue₹ Cr · Standalone0200400600FY 2020: ₹565 Cr565FY 2020FY 2021: ₹279 Cr · -50.6% YoY279-50.6%FY 2021FY 2022: ₹421 Cr · +50.8% YoY421+50.8%FY 2022FY 2023: ₹261 Cr · -38% YoY261-38%FY 2023FY 2024: ₹85 Cr · -67.5% YoY84.7-67.5%FY 2024FY 2025: ₹42 Cr · -49.9% YoY42.5-49.9%FY 2025FY 2026: ₹63 Cr · +47.9% YoY62.8+47.9%FY 2026
Net Profit₹ Cr · Standalone-75-50-25025FY 2020: ₹42 Cr (loss)-41.9FY 2020FY 2021: ₹64 Cr (loss) · -53.1% YoY-64.2FY 2021FY 2022: ₹41 Cr (loss) · +35.5% YoY-41.4FY 2022FY 2023: ₹65 Cr (loss) · -57% YoY-65FY 2023FY 2024: ₹45 Cr (loss) · +31.4% YoY-44.6FY 2024FY 2025: ₹19 Cr · +141.6% YoY18.5+141.6%FY 2025FY 2026: ₹12 Cr · -32.9% YoY12.4-32.9%FY 2026
Quarterly Revenue₹ Cr · vs same quarter last year-100102030Q1'25: ₹14 Cr · +30.5% YoY13.5+30.5%Q1'25Q2'25: ₹15 Cr · -37.6% YoY15.5-37.6%Q2'25Q3'25: ₹6 Cr · -76.7% YoY5.9-76.7%Q3'25Q4'25: ₹8 Cr · -68.7% YoY7.5-68.7%Q4'25Q1'26: ₹1 Cr (loss) · -104.1% YoY-0.6Q1'26Q2'26: ₹28 Cr · +79.8% YoY27.8+79.8%Q2'26Q3'26: ₹12 Cr · +104.3% YoY12.1+104.3%Q3'26Q4'26: ₹23 Cr · +211.7% YoY23.4+211.7%Q4'26
Metrics FY 2026 FY 2025 FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
Revenue from Operations ₹62.8 Cr ₹42.45 Cr ₹84.73 Cr ₹260.9 Cr ₹421.06 Cr ₹279.13 Cr ₹564.68 Cr
Other Income ₹19.77 Cr ₹139.91 Cr ₹6.61 Cr ₹2.68 Cr ₹3.6 Cr ₹8.19 Cr ₹1.73 Cr
Total Income ₹82.57 Cr ₹182.36 Cr ₹91.33 Cr ₹263.58 Cr ₹424.66 Cr ₹287.32 Cr ₹566.41 Cr
Cost of Materials Consumed ₹12.87 Cr ₹7.42 Cr ₹48.93 Cr ₹158.57 Cr ₹283.51 Cr ₹134.42 Cr ₹348.38 Cr
Purchases of Stock-in-Trade ₹18.89 Cr ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Changes in Inventories -₹9.85 Cr ₹78.89 Cr ₹31.86 Cr ₹33.34 Cr -₹3.2 Cr ₹64.09 Cr -₹1.56 Cr
Employee Benefit Expense ₹4.35 Cr ₹5.29 Cr ₹11.73 Cr ₹24 Cr ₹32.81 Cr ₹19.29 Cr ₹43.17 Cr
Finance Costs ₹1.43 Cr ₹12.84 Cr ₹36.65 Cr ₹45.9 Cr ₹43.08 Cr ₹50.95 Cr ₹52.98 Cr
Depreciation & Amortisation ₹5.31 Cr ₹4.35 Cr ₹11.71 Cr ₹25.28 Cr ₹25.49 Cr ₹32.15 Cr ₹38.35 Cr
Other Expenses ₹31.17 Cr ₹40.75 Cr ₹23.41 Cr ₹73.16 Cr ₹118.27 Cr ₹69.51 Cr ₹140.61 Cr
Total Expenses ₹64.17 Cr ₹149.55 Cr ₹164.3 Cr ₹360.25 Cr ₹499.97 Cr ₹370.4 Cr ₹621.93 Cr
Profit Before Exceptional Items & Tax ₹18.4 Cr ₹32.81 Cr -₹72.96 Cr -₹96.67 Cr -₹75.31 Cr -₹83.08 Cr -₹55.53 Cr
Exceptional Items ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Profit Before Tax ₹18.4 Cr ₹32.81 Cr -₹72.96 Cr -₹96.67 Cr -₹75.31 Cr -₹83.08 Cr -₹55.53 Cr
Total Tax Expense ₹5.95 Cr ₹14.27 Cr -₹28.35 Cr -₹27.36 Cr -₹12.79 Cr -₹18.89 Cr -₹13.6 Cr
Net Profit ₹12.45 Cr ₹18.54 Cr -₹44.62 Cr -₹65.05 Cr -₹41.42 Cr -₹64.19 Cr -₹41.93 Cr
Other Comprehensive Income -₹2.06 Cr ₹0 ₹41.25 Lakh ₹11.5 Lakh ₹12.59 Lakh ₹83.8 Lakh -₹21.26 Lakh
Total Comprehensive Income ₹10.39 Cr ₹18.54 Cr -₹44.2 Cr -₹64.93 Cr -₹41.3 Cr -₹63.35 Cr -₹42.14 Cr
EBITDA (computed) ₹25.14 Cr ₹50.01 Cr -₹24.61 Cr -₹25.49 Cr -₹6.74 Cr ₹1.32 Lakh ₹35.81 Cr
Basic EPS ₹-8.32 ₹7.90 ₹-19.02 ₹-29.54 ₹-26.65 ₹-27.36 ₹-17.88
Diluted EPS ₹-8.32 ₹7.90 ₹-19.02 ₹-29.54 ₹-26.65 ₹-27.36 ₹-17.88
Metrics FY 2026 FY 2025 FY 2024 FY 2023
Total Assets ₹183.59 Cr ₹204.41 Cr ₹438.49 Cr ₹520.64 Cr
Non-current Assets ₹120.3 Cr ₹139.08 Cr ₹155.68 Cr ₹258.65 Cr
Current Assets ₹48.87 Cr ₹31.62 Cr ₹192.49 Cr ₹251.94 Cr
Property, Plant & Equipment ₹43.14 Cr ₹68.22 Cr ₹72.38 Cr ₹202.34 Cr
Inventories ₹17.74 Cr ₹8.08 Cr ₹89.57 Cr ₹120.79 Cr
Trade Receivables ₹15.95 Cr ₹7.76 Cr ₹99.73 Cr ₹117.62 Cr
Cash & Equivalents ₹3.36 Cr ₹13.43 Cr ₹22.14 Lakh ₹15.99 Lakh
Equity (Net Worth) ₹77.01 Cr ₹35.74 Cr ₹17.2 Cr ₹61.4 Cr
Equity Share Capital ₹25.76 Cr ₹23.46 Cr ₹23.46 Cr ₹23.46 Cr
Borrowings (Non-current) ₹9.67 Lakh ₹48.69 Cr ₹144.16 Cr ₹166.39 Cr
Borrowings (Current) ₹2.78 Cr ₹45.57 Cr ₹133.49 Cr ₹230.14 Cr
Total Debt (computed) ₹2.88 Cr ₹94.26 Cr ₹277.66 Cr ₹396.53 Cr
Current Liabilities ₹79.03 Cr ₹119.77 Cr ₹275.95 Cr ₹291.41 Cr
Total Liabilities ₹106.58 Cr ₹168.67 Cr ₹421.29 Cr ₹459.24 Cr
The balance sheet became part of the exchange results-filing format in FY2023 - earlier years were not filed and are hidden.
Metrics FY 2026 FY 2025 FY 2024 FY 2023 FY 2022
Operating Cash Flow ₹5.04 Cr ₹27.47 Cr ₹109.93 Cr ₹38.24 Cr ₹12.52 Cr
Investing Cash Flow ₹28.22 Cr ₹181.98 Cr ₹45.66 Cr ₹14.34 Cr ₹46.71 Cr
Financing Cash Flow -₹43.33 Cr -₹196.24 Cr -₹155.53 Cr -₹62.28 Cr -₹62.8 Cr
Capital Expenditure ₹4.63 Cr ₹0 ₹0 ₹0 ₹2.14 Cr
Free Cash Flow (computed) ₹41.41 Lakh ₹27.47 Cr ₹109.93 Cr ₹38.24 Cr ₹10.38 Cr
Dividends Paid ₹0 ₹0 ₹0 ₹0 ₹0
Net Change in Cash -₹10.07 Cr ₹13.21 Cr ₹6.15 Lakh -₹9.7 Cr -₹3.56 Cr
The cash-flow statement became part of the exchange results-filing format in FY2022 - earlier years were not filed and are hidden.
Metrics Q4 FY26 Q3 FY26 Q2 FY26 Q1 FY26 Q4 FY25 Q3 FY25 Q2 FY25 Q1 FY25 Q4 FY24 Q3 FY24 Q2 FY24 Q1 FY24
Revenue from Operations ₹23.38 Cr ₹12.14 Cr ₹27.83 Cr -₹55.2 Lakh ₹7.5 Cr ₹5.94 Cr ₹15.48 Cr ₹13.53 Cr ₹24 Cr ₹25.55 Cr ₹24.81 Cr ₹10.37 Cr
Other Income -₹15.18 Cr ₹21.64 Cr ₹6.49 Cr ₹6.82 Cr ₹37.94 Cr ₹22.63 Cr ₹34.25 Cr ₹45.1 Cr ₹67.85 Lakh ₹3.37 Cr ₹2.39 Cr ₹16.57 Lakh
Total Income ₹8.2 Cr ₹33.77 Cr ₹34.32 Cr ₹6.27 Cr ₹45.44 Cr ₹28.57 Cr ₹49.73 Cr ₹58.63 Cr ₹24.68 Cr ₹28.91 Cr ₹27.21 Cr ₹10.54 Cr
Cost of Materials Consumed ₹9.23 Cr ₹3.31 Cr ₹5.37 Cr ₹0 ₹73,000 ₹15 Lakh ₹2.39 Cr ₹4.88 Cr ₹14.98 Cr ₹10.07 Cr ₹19.69 Cr ₹4.19 Cr
Purchases of Stock-in-Trade ₹10.21 Cr ₹1.84 Cr ₹3.33 Cr ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Changes in Inventories -₹3.65 Cr -₹22.72 Lakh -₹37.35 Lakh -₹5.6 Cr ₹42.31 Cr ₹20.23 Cr ₹8.93 Cr ₹7.43 Cr ₹3.68 Cr ₹17.36 Cr ₹2.04 Cr ₹8.79 Cr
Employee Benefit Expense ₹1.28 Cr ₹1.05 Cr ₹93.06 Lakh ₹1.09 Cr -₹70.69 Lakh ₹1.34 Cr ₹2.1 Cr ₹2.56 Cr ₹3.46 Cr ₹2.68 Cr ₹3.24 Cr ₹2.35 Cr
Finance Costs ₹9,000 ₹3,000 ₹3,000 ₹1.43 Cr ₹1.21 Cr ₹2.49 Cr ₹3.81 Cr ₹5.33 Cr ₹6.76 Cr ₹7.69 Cr ₹11.74 Cr ₹10.46 Cr
Depreciation & Amortisation ₹1.57 Cr ₹1.22 Cr ₹1.53 Cr ₹99.57 Lakh ₹1.15 Cr ₹96.52 Lakh ₹1.12 Cr ₹1.11 Cr ₹1.12 Cr ₹1.63 Cr ₹2.75 Cr ₹6.2 Cr
Other Expenses ₹12.2 Cr ₹7.63 Cr ₹4.73 Cr ₹5.08 Cr ₹17.59 Cr ₹6.83 Cr ₹6.73 Cr ₹9.59 Cr ₹7.23 Cr ₹4.59 Cr ₹6.01 Cr ₹5.57 Cr
Total Expenses ₹30.84 Cr ₹14.82 Cr ₹15.52 Cr ₹2.99 Cr ₹61.57 Cr ₹32 Cr ₹25.08 Cr ₹30.9 Cr ₹37.24 Cr ₹44.03 Cr ₹45.47 Cr ₹37.56 Cr
Profit Before Exceptional Items & Tax -₹22.64 Cr ₹18.95 Cr ₹18.81 Cr ₹3.29 Cr -₹16.13 Cr -₹3.44 Cr ₹24.64 Cr ₹27.73 Cr -₹12.56 Cr -₹15.12 Cr -₹18.26 Cr -₹27.02 Cr
Exceptional Items ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Profit Before Tax -₹22.64 Cr ₹18.95 Cr ₹18.81 Cr ₹3.29 Cr -₹16.13 Cr -₹3.44 Cr ₹24.64 Cr ₹27.73 Cr -₹12.56 Cr -₹15.12 Cr -₹18.26 Cr -₹27.02 Cr
Total Tax Expense ₹5.95 Cr ₹13.6 Cr ₹8.59 Cr -₹22.19 Cr -₹7.25 Cr ₹3.51 Cr ₹16.38 Cr ₹5.14 Cr -₹6.1 Cr -₹8.52 Cr -₹5.29 Cr -₹8.43 Cr
Net Profit -₹28.59 Cr ₹5.35 Cr ₹10.21 Cr ₹25.48 Cr -₹8.87 Cr -₹6.94 Cr ₹8.27 Cr ₹22.58 Cr -₹6.46 Cr -₹6.6 Cr -₹12.97 Cr -₹18.59 Cr
Other Comprehensive Income -₹2.06 Cr -₹23,000 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹41.25 Lakh ₹0 ₹0 ₹0
Total Comprehensive Income -₹30.65 Cr ₹5.35 Cr ₹10.21 Cr ₹25.48 Cr -₹8.87 Cr -₹6.94 Cr ₹8.27 Cr ₹22.58 Cr -₹6.05 Cr -₹6.6 Cr -₹12.97 Cr -₹18.59 Cr
EBITDA (computed) -₹21.07 Cr ₹20.16 Cr ₹20.34 Cr ₹5.71 Cr -₹13.76 Cr ₹2.37 Lakh ₹29.57 Cr ₹34.17 Cr -₹4.67 Cr -₹5.8 Cr -₹3.77 Cr -₹10.36 Cr
Basic EPS ₹-8.32 ₹7.36 ₹3.96 ₹9.89 ₹-3.78 ₹-2.96 ₹3.52 ₹9.63 ₹-2.75 ₹-2.81 ₹5.53 ₹-7.92
Diluted EPS ₹-8.32 ₹7.36 ₹3.96 ₹9.89 ₹-3.78 ₹-2.96 ₹3.52 ₹9.63 ₹-2.75 ₹-2.81 ₹5.53 ₹0.00
Latest 12 quarters shown of 25 on record.
Segment · Q3 FY26 (latest quarter) Revenue Result (PBIT) Assets Liabilities
Textiles ₹12.14 Cr ₹18.95 Cr ₹196.53 Cr ₹88.88 Cr
others ₹0 ₹0 ₹98,000 ₹0
Segment · FY 2025 (annual) Revenue Result (PBIT) Assets Liabilities
textiles ₹42.45 Cr ₹45.65 Cr - -
power generation -wind farm ₹0 ₹0 - -
Metrics FY 2020
Revenue from Operations ₹561.34 Cr
Other Income ₹5.07 Cr
Total Income ₹566.41 Cr
Cost of Materials Consumed ₹348.38 Cr
Purchases of Stock-in-Trade ₹0
Changes in Inventories -₹1.56 Cr
Employee Benefit Expense ₹43.17 Cr
Finance Costs ₹52.98 Cr
Depreciation & Amortisation ₹38.35 Cr
Other Expenses ₹140.61 Cr
Total Expenses ₹621.93 Cr
Profit Before Exceptional Items & Tax -₹55.53 Cr
Exceptional Items ₹0
Profit Before Tax -₹55.53 Cr
Total Tax Expense -₹13.6 Cr
Net Profit -₹41.93 Cr
  attributable to Owners -₹41.93 Cr
  attributable to NCI ₹0
Other Comprehensive Income -₹21.26 Lakh
Total Comprehensive Income -₹42.14 Cr
EBITDA (computed) ₹35.81 Cr
Basic EPS ₹-17.88
Diluted EPS ₹-17.88
Metrics FY 2020
Equity (Net Worth) ₹230.99 Cr
Metrics
The cash-flow statement became part of the exchange results-filing format in FY2022 - earlier years were not filed and are hidden.
Metrics Q4 FY20
Revenue from Operations ₹116.94 Cr
Other Income ₹1.32 Cr
Total Income ₹118.26 Cr
Cost of Materials Consumed ₹75.68 Cr
Purchases of Stock-in-Trade ₹0
Changes in Inventories -₹14.06 Cr
Employee Benefit Expense ₹8.58 Cr
Finance Costs ₹14.44 Cr
Depreciation & Amortisation ₹9.62 Cr
Other Expenses ₹30.14 Cr
Total Expenses ₹124.4 Cr
Profit Before Exceptional Items & Tax -₹6.14 Cr
Exceptional Items ₹0
Profit Before Tax -₹6.14 Cr
Total Tax Expense -₹14.02 Cr
Net Profit ₹7.88 Cr
  attributable to Owners ₹7.88 Cr
  attributable to NCI ₹0
Other Comprehensive Income ₹0
Total Comprehensive Income ₹7.88 Cr
EBITDA (computed) ₹17.92 Cr
Basic EPS ₹3.36
Diluted EPS ₹3.36
Latest 1 quarters shown.
Segment · FY 2020 (annual) Revenue Result (PBIT) Assets Liabilities
POWER GENERATION WIND FARM ₹22.51 Cr ₹12.93 Cr - -
TEXTILES ₹542.17 Cr -₹16.4 Cr - -
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Board & Governance of Varvee Global Limited

As per the corporate governance filing with NSE for the quarter ended 31-MAR-2026, the board of Varvee Global Limited has 7 directors - 4 independent and 2 executive. The board is chaired by JAIMIN KAILASH GUPTA.

DirectorPositionOn board sinceListed boards
JAIMIN KAILASH GUPTA Executive Director · Chairperson 2025-07-05 1
TARACHAND GANGASAHAY AGRAWAL Executive Director 2025-07-05 2
NIPUN V. ARORA Non-Executive - Non Independent Director 2018-08-11 0
KANDARP TRIVEDI Non-Executive - Independent Director 2024-04-01 1
ANKIT MITTAL Non-Executive - Independent Director 2024-04-01 1
AARTI N. THAKKAR Non-Executive - Independent Director 2019-11-14 1
RAVI JITENDRA MODI Non-Executive - Independent Director 2025-07-15 3
Board Committees
CommitteeMembers
Audit Committee AARTI N. THAKKAR, ANKIT MITTAL, RAVI JITENDRA MODI, KANDARP TRIVEDI (Chairperson), AARTI N. THAKKAR (Chairperson)
Nomination and remuneration committee AARTI N. THAKKAR, ANKIT MITTAL, RAVI JITENDRA MODI, KANDARP TRIVEDI (Chairperson), AARTI N. THAKKAR (Chairperson)
Stakeholders Relationship Committee AARTI N. THAKKAR, JAIMIN KAILASH GUPTA, TARACHAND GANGASAHAY AGRAWAL, KANDARP TRIVEDI (Chairperson), AARTI N. THAKKAR (Chairperson)

Charges & Borrowings of Varvee Global Limited

Open charges
₹282.12 Cr
Satisfied charges
₹1,042.3 Cr
Breakdown by lending institutions
Bank of Baroda₹443.02 Cr
Others₹271.48 Cr
Idbi Bank Limited₹62.50 Cr
Standard Chartered Bank Acting as Security Agent for Standard Chartered Bank London₹61.00 Cr
Standard Chartered Bank₹30.00 Cr
Others₹174.30 Cr
Latest charge details
DateLenderAmountStatus
21 May 2021 Tata Capital Financial Services Limited ₹64 Lakh Satisfied
27 Apr 2017 Hdfc Bank Limited ₹6 Lakh Satisfied
27 Apr 2017 Hdfc Bank Limited ₹6 Lakh Satisfied
27 Apr 2017 Hdfc Bank Limited ₹8 Lakh Satisfied
01 Dec 2016 Idbi Bank Limited ₹20 Cr Satisfied

Total charge records: 65 View all charges

Employees and EPFO Compliance at Varvee Global Limited

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2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026

Employee Count & EPFO Data of Varvee Global Limited

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Monthly employee headcount & PF contributions
EPFO establishment details & ECR filing status
Year-wise workforce analytics & attrition trends
PF exemption, coverage & compliance verification

GST Compliance of Varvee Global Limited

XX%
Compliant
GSTR-1
GSTR-3B
GSTR-9
MH
KA
UP
TN
TS

GSTIN & GST Filing Data of Varvee Global Limited

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GSTIN registrations & state-wise presence
Filing compliance - GSTR-1, GSTR-3B, GSTR-9
HSN/SAC codes with goods & services details
Taxpayer type, jurisdiction & business constitution

Credit Ratings, Litigation & Regulatory Alerts for Varvee Global Limited

Credit rating
AAA
AA+
AA
AA-
! !
2015 2017 2019 2021 2023
Litigation
District Court 35
High Court 45
Supreme Court 0
NCLT / NCLAT 0
Pending
Disposed
Regulatory alerts
GSTIN Cancelled
Andhra Pradesh
GSTIN Cancelled
Telangana (on application)
EPFO Delay
12 months delay - Haryana
Violations via Directors
20 MCA + 19 Bank defaults

Credit Ratings, Legal Cases & Regulatory Alerts of Varvee Global Limited

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Credit rating history across CARE, ICRA, Brickwork & India Ratings
Instrument-wise ratings, outlook & action timeline
Court-wise litigation (District, High Court, Supreme Court, NCLT)
Group company & common directorship litigation
Statutory compliance alerts (GSTIN, EPFO, ROC)
Director & company violations (MCA, SEBI, Banks, BSE/NSE)

MSME Payment Delays by Varvee Global Limited

MSME Payment Delays by Varvee Global Limited

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Amounts outstanding to MSME suppliers
Delay periods & reasons for delayed payments
Half-yearly MSME-1 filing history
Vendor-payment behaviour as a counterparty risk signal

Subsidiaries & Group Companies of Varvee Global Limited

Subsidiaries & Group Companies of Varvee Global Limited

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Holding & parent company details
Subsidiaries & step-down subsidiaries with % holding
Associates & joint ventures with partner details
Investments in other entities year-on-year

MCA Filings & Documents of Varvee Global Limited

MCA Filings & Documents of Varvee Global Limited

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Incorporation documents, MoA & AoA
Annual returns (MGT-7) & financial statements (AOC-4)
Charge filings (CHG-1, CHG-4) & resolutions
Complete document index with filing dates

Recent Activity on Varvee Global Limited

Activity
30 Sep 2025
Varvee Global Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
21 Jul 2025
A charge registered on 09 Jan 2014 via Charge ID 10474951 with Others was fully satisfied on 21 Jul 2025.
Directors
15 Jul 2025
Ravi Jitendra Modi was appointed as a Director on 15 Jul 2025 & has been associated with this company since 11 months 24 days.
Directors
05 Jul 2025
Gupta Jaimin Kailash was appointed as a Managing Director on 05 Jul 2025 & has been associated with this company since 1 year 3 days.
Directors
05 Jul 2025
Tarachand Gangasahay Agrawal was appointed as a Whole-time director on 05 Jul 2025 & has been associated with this company since 1 year 3 days.
Charges
03 Jul 2025
A charge registered on 04 Jun 2016 via Charge ID 100036194 with Tata Capital Financial Services Limited was fully satisfied on 03 Jul 2025.

Frequently Asked Questions about Varvee Global Limited

Varvee Global Limited is an active public limited company in the manufacturing sector based in Daskroi, Gujarat, India. It was incorporated on 28 March 1988 (38+ years old) and is registered under CIN L13121GJ1988PLC010504. Listed on BSE: 514274 and NSE: BE : AARVEEDEN. The company has 383 employees.

Varvee Global Limited reported revenue of ₹182.36 Cr for FY 2025 (up 100.00% YoY).

The primary industry of Varvee Global Limited is manufacturing. The company specifically operates in textile and fabric production. The company is currently active in this sector.

Yes. Varvee Global Limited is listed on both BSE (code: 514274) and NSE (symbol: BE : AARVEEDEN).

Varvee Global Limited can be reached at the registered office: 1882 Ranipur Village, Opp.Cni Church Narol Ahmedabad 382 405, Daskroi, Gujarat, India – 382405, or through the website aarveedenims.com.

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