VARMORA share price & results
- Sept 2026
- Sept 2026
Reported
The figures, each with its period
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 387 | +16.9% YoY | Quarterly, as filed | Quarter to Sept 2026 | Revenue from operations as filed. |
| Operating margin | 15.0 | +6.0 pts YoY | Operating profit / revenue | Quarter to Sept 2026 | For the quarter; a change is in percentage points. |
| Net profit | 23.0 | +35.3% YoY | Quarterly, as filed | Quarter to Sept 2026 | Profit after tax as filed. |
| Return on equity | +3.0 pts | Trailing twelve months | TTM · period unavailable | Not in the analysed materials. No older figure is substituted. | |
| Free cash flow margin | 13.38 | +16.1 pts | Fiscal year | FY ending Mar 2026 | (Operating cash flow − fixed-asset purchases + disposals) ÷ revenue. |
| Revenue growth (YoY) | +3.8 pts | Trailing twelve months | TTM · period unavailable | Not in the analysed materials. No older figure is substituted. |
Price
Performance −19.2% YTD
YTD: ₹152.19 on 29 Sept 2026 → ₹123.02. High ₹152.19 (29 Sept 2026), low ₹123.02 (26 Oct 2026).
- Previous close
- ₹127.15
- Market cap
- ₹2.8k Cr
- 52-week range
- ₹123.02 – ₹152.19
- Price to earnings (FY ending Mar 2026)
- 44.84×
- Return on equity (FY ending Mar 2026)
- 8.06%
Overview
- Symbol
- NSE:VARMORA
- Sector
- Consumer Durables
- Industry
- Consumer Discretionary
- Exchange
- NSE
- Currency
- INR
Fundamentals
Ratios, each with its period
Current values with the period they cover; the trend reads across the 6 fiscal years held (Mar 2021 to Mar 2026).
Financials
What the filings say
Net profit, year on year: +35% (quarter to sept 2026 against sept 2025).
| Line item | Jun 2025 | Sept 2025 | Mar 2026 | Jun 2026 | Sept 2026 |
|---|---|---|---|---|---|
| Sales | 286 | 331 | 405 | 296 | 387 |
| Expenses | 271 | 300 | 344 | 269 | 330 |
| Operating profit | 15 | 30 | 61 | 28 | 57 |
| Operating margin | 5.0% | 9.0% | 15.0% | 9.0% | 15.0% |
| Other income | 8 | 24 | 17 | 6 | -14 |
| Interest | 9 | 8 | 8 | 6 | 6 |
| Depreciation | 22 | 22 | 22 | 8 | 8 |
| Profit before tax | -8 | 24 | 48 | 19 | 30 |
| Tax rate | −25.0% | 29.0% | 30.0% | 24.0% | 22.0% |
| Net profit | -6 | 17 | 34 | 15 | 23 |
| EPS (₹ per share) | -0.28 | 0.84 | 1.68 | 0.73 | 1.03 |
| Line item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | Sept 2026 |
|---|---|---|---|---|---|---|
| Equity capital | 10 | 31 | 40 | 40 | 40 | 45 |
| Reserves | 155 | 615 | 652 | 689 | 759 | 1,101 |
| Borrowings | 79 | 160 | 333 | 421 | 297 | 292 |
| Other liabilities | 212 | 261 | 301 | 278 | 273 | 292 |
| Total liabilities | 456 | 1,067 | 1,326 | 1,428 | 1,370 | 1,731 |
| Fixed assets | 59 | 192 | 588 | 545 | 474 | 460 |
| Capital work in progress | 1 | 12 | 2 | 10 | 26 | 35 |
| Investments | 73 | 86 | 101 | 101 | 115 | 71 |
| Other assets | 323 | 777 | 635 | 772 | 754 | 1,165 |
| Total assets | 456 | 1,067 | 1,326 | 1,428 | 1,370 | 1,731 |
| Line item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Debtor days | 100 | 89 | 96 | 84 | 94 | 88 |
| Inventory days | 18 | 22 | 85 | 82 | 170 | 129 |
| Days payable | 121 | 113 | 120 | 97 | 130 | 116 |
| Cash conversion cycle | -3 | -2 | 61 | 69 | 134 | 102 |
| Working capital days | 9 | 15 | 50 | 44 | 51 | 62 |
| Return on capital employed | — | 27.0% | 20.0% | 8.0% | 7.0% | 10.0% |
| Dividend payout | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Ownership
Who owns it
Promoters hold 47.04% as of Sept 2026.
- Promoters 47.04%
- Foreign institutions 6.06%
- Domestic institutions 5.18%
- Public 41.72%
Who is on the register
Named in the Sep 2026 filing
Every holder of VARMORA above SEBI's 1% disclosure line.
| Holder | Stake |
|---|---|
| 18.50% | |
| 8.56% | |
| 8.46% | |
| 5.94% | |
| 5.83% | |
| 4.56% | |
| 4.26% | |
| 4.10% | |
| 4.04% | |
| 3.64% | |
| 2.85% | |
| 2.82% |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
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