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    VARVEE GLOBAL LIMITED

    Ahmedabad-based vertically integrated textile manufacturer of denim and non-denim (shirting, suiting) fabrics, operating from its Narol facility.

    Textiles
    Consumer Discretionary
    View VGL earnings calls

    Overview

    Price

    Market Cap

    ₹315 Cr

    Sector

    Textiles

    Consumer Discretionary

    Rank

    Performance

    Financials

    Income Statement

    Financial Trajectories

    11
    Quarterly

    Balance Sheet

    Balance Sheet

    ₹ Cr · Annual
    Line itemFY18FY19FY20
    LiabilitiesEquity Capital232323
    Reserves248250208
    Borrowings379434419
    Other Liabilities268241193
    Total Liabilities919949843
    AssetsFixed Assets363389350
    CWIP000
    Investments000
    Other Assets556560492
    Total Assets919949843

    Cash Flow

    Cash Flow

    ₹ Cr · Annual
    Line itemFY18FY19FY20
    ActivitiesCash from Operating385165
    Cash from Investing-19-535
    Cash from Financing-193-70
    SummaryCapital Expenditure
    Free Cash Flow22-1063
    FCF Margin

    Valuation

    Cyclical, with too little history

    This looks cyclical, and we don't have enough quarters to establish a through-cycle earnings base. Valuing it off the current point in the cycle would be misleading.

    VGL · CYCLICAL_UNMODELABLE

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