Variman Global

What does Variman Global do?

Variman Global Enterprises Ltd is an IT solutions company specializing in software development, IT infrastructure, and hardware distribution, with a market cap of Rs 221 Cr. As of March 2025, it reported net sales of 21 Cr and a net loss of 1 Cr.

Overview:<BR>Variman Global Enterprises Ltd is an IT solutions company operating in the Trading & Distributors industry within the micro-cap market segment, providing software development, IT infrastructure solutions, and IT hardware distribution.<BR><BR>History:<BR>The company was incorporated in December 1993 and was previously known as Spring Fields Infraventures Limited. The latest quarterly results reported net sales and profit for the period ending March 2025.<BR><BR>Financial Snapshot:<BR>- Net Sales: 21 Cr (Quarterly Results - Mar 2025)<BR>- Net Profit: -1 Cr (Quarterly Results - Mar 2025)<BR>- Market-cap: Rs 221 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: 217.00<BR>- Industry P/E: 23<BR>- Dividend Yield: 0.00%<BR>- Debt-Equity: 0.66<BR>- Return on Equity: 1.33%<BR>- Price to Book: 4.65<BR><BR>Contact Details:<BR>Address: 1-2-217/10 Domalguda, Hyderabad Telangana: 500029<BR>Email: infospringfieldssec@gmail.com<BR>Website: http://www.varimanglobal.com

When is the next results date for Variman Global?

No Upcoming Board Meetings

Has Variman Global declared dividend?

Variman Global Enterprises Ltd has declared a 1% dividend, amounting to 0.10 per share, with an ex-date of September 9, 2021. Despite this, the dividend yield is 0%, and total returns have varied significantly, showing strong growth over the 4 and 5-year periods.

Variman Global Enterprises Ltd has declared a 1% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 1%<BR>- Amount per share: 0.10<BR>- Ex-date: 09 Sep 21<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>Over the 6-month period, the price return was -16.94%, with a dividend return of 0%, resulting in a total return of -16.94%.<BR><BR>In the 1-year period, the price return was -49.31%, with a dividend return of 0%, leading to a total return of -49.31%.<BR><BR>For the 2-year period, the price return was -33.97%, with a dividend return of 0%, resulting in a total return of -33.97%.<BR><BR>During the 3-year period, the price return was -26.04%, with a dividend return of 0%, resulting in a total return of -26.04%.<BR><BR>In the 4-year period, the price return was 175.19%, with a dividend return of 2.69%, leading to a total return of 177.88%.<BR><BR>Over the 5-year period, the price return was 675.97%, with a dividend return of 5.75%, resulting in a total return of 681.72%.<BR><BR>Overall, Variman Global has declared a dividend, but the dividend yield remains at 0%. The total returns over the various periods indicate significant fluctuations, with a notable positive return in the longer term, particularly over the 4 and 5-year periods.

Who are the peers of the Variman Global?

Variman Global's peers include Redington, MMTC, MSTC, Ravindra Energy, Metroglobal, Dhoot Indl.Fin, Maximus Interna., and Remedium Life. Redington shows excellent management and growth, while Ravindra Energy has the highest 1-year return at 142.31%, and Variman Global's return is -59.45%.

Peers: The peers of Variman Global are Redington, MMTC, MSTC, Ravindra Energy, Metroglobal, Dhoot Indl.Fin, Maximus Interna., and Remedium Life.<BR><BR>Quality Snapshot: Excellent management risk is observed at Redington, while Average management risk is found at MMTC, MSTC, Dhoot Indl.Fin, and Remedium Life, and the rest have Below Average management risk. Growth is Excellent at Redington, while Average growth is noted at MMTC, MSTC, and Dhoot Indl.Fin, and the rest show Below Average growth. Capital Structure is Excellent at Variman Global, MSTC, and Metroglobal, while Good is seen at Maximus Interna., and the rest have Below Average capital structure.<BR><BR>Return Snapshot: Ravindra Energy has the highest 1-year return at 142.31%, while Remedium Life has the lowest at -88.63%, with Variman Global's 1-year return at -59.45%, indicating it performs better than Remedium Life but worse than Ravindra Energy. Additionally, several peers, including MSTC, Metroglobal, Dhoot Indl.Fin, Maximus Interna., and Remedium Life, have negative six-month returns.

What is the technical trend for Variman Global?

As of May 30, 2025, Variman Global's technical trend is mildly bearish, with mixed signals from key indicators like the weekly MACD being mildly bullish and the monthly MACD remaining bearish.

As of 30 May 2025, the technical trend for Variman Global has changed from bearish to mildly bearish. The weekly MACD indicates a mildly bullish stance, while the monthly MACD remains bearish. The RSI shows no signal on the weekly chart but is bullish on the monthly. Bollinger Bands are bullish on the weekly but mildly bearish on the monthly. Daily moving averages are mildly bearish, and the KST is mildly bullish weekly but bearish monthly. Dow Theory reflects a mildly bullish weekly trend and a mildly bearish monthly trend. Overall, the current technical stance is mildly bearish, with key indicators such as the daily moving averages and monthly MACD contributing to this outlook.

Who are in the management team of Variman Global?

As of March 2021, the management team of Variman Global includes D Sirish (Managing Director), Burugu Srilatha (Director), Raja Pantham (Whole Time Director & CFO), Madhu Mala Solanki (Company Secretary), and several Independent Directors: Gangasani Aditya, K. Raghavendra Kumar, and Ravi Kanth Kancherla, along with Whole-time Director Praveen Dyta.

As of March 2021, the management team of Variman Global includes the following individuals:<BR><BR>1. D Sirish - Managing Director<BR>2. Burugu Srilatha - Director<BR>3. Raja Pantham - Whole Time Director & CFO<BR>4. Madhu Mala Solanki - Company Secretary<BR>5. Gangasani Aditya - Independent Director<BR>6. Praveen Dyta - Whole-time Director<BR>7. K. Raghavendra Kumar - Independent Director<BR>8. Ravi Kanth Kancherla - Independent Director<BR><BR>These individuals hold various key positions within the company, contributing to its governance and operational management.

Who are the top shareholders of the Variman Global?

The top shareholders of Variman Global include Dayata Sirish with 19.8%, individual investors holding 63.67%, and Murali Kovuri as the highest public shareholder at 4.21%. Additionally, there are 6 foreign institutional investors with a combined 2.13%, and no mutual funds are currently invested in the company.

The top shareholders of Variman Global include Dayata Sirish, who holds the highest promoter stake at 19.8%. The company also has individual investors holding a significant portion of shares, accounting for 63.67%. Additionally, Murali Kovuri is noted as the highest public shareholder with a 4.21% stake. The company has 6 foreign institutional investors (FIIs) holding a combined 2.13%, while there are no mutual funds currently invested in Variman Global.

How big is Variman Global?

As of 24th July, Variman Global Enterprises Ltd has a market capitalization of 262.00 Cr, with recent net sales of 108.63 Cr and a net profit of 0.62 Cr. The company reported shareholder's funds of 32.58 Cr and total assets of 77.54 Cr for the annual period ending March 2024.

As of 24th July, Variman Global Enterprises Ltd has a market capitalization of 262.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Variman Global reported Net Sales of 108.63 Cr and a Net Profit of 0.62 Cr.<BR><BR>For the latest annual period ending March 2024, the company had Shareholder's Funds of 32.58 Cr and Total Assets amounting to 77.54 Cr.

Are Variman Global latest results good or bad?

Variman Global's latest results are positive, with a remarkable 875% year-on-year growth in Profit After Tax and a 35.92% increase in net sales. However, concerns about reliance on non-operating income may affect the sustainability of this growth.

Variman Global's latest results can be considered quite good, showcasing a significant turnaround in their financial performance. For the quarter ending June 2025, the company reported a Profit After Tax (PAT) of Rs 1.95 crore, which is an astounding year-on-year growth of 875%. This indicates a strong improvement compared to the previous year.<BR><BR>Net sales also saw a robust increase of 35.92%, reaching Rs 32.05 crore. Additionally, the operating profit (PBDIT) reached its highest level in five quarters at Rs 1.68 crore, with an operating profit margin of 5.24%. <BR><BR>However, it's important to note that a substantial portion of the Profit Before Tax (PBT) is derived from non-operating income, which raises some concerns about the sustainability of this growth. While the financial indicators reflect a positive trend in profitability and efficiency, the reliance on non-business income could pose challenges moving forward.<BR><BR>Overall, despite the concerns regarding non-operating income, the significant growth in sales and profits suggests that Variman Global is on a positive trajectory in the near term.

How has been the historical performance of Variman Global?

Variman Global's historical performance shows declining net sales and profitability, with net sales dropping from 116.06 Cr in March 2023 to 108.62 Cr in March 2025, and operating profit turning negative at -0.81 Cr. Total liabilities increased significantly, while cash flow from operations remained negative at -16.00 Cr by March 2025.

Answer:<BR>The historical performance of Variman Global shows a fluctuating trend in net sales and profitability over the years. <BR><BR>Breakdown:<BR>Variman Global's net sales peaked at 116.06 Cr in March 2023 but have since declined to 108.62 Cr by March 2025. The total operating income followed a similar trend, dropping from 116.06 Cr in March 2023 to 108.62 Cr in March 2025. Raw material costs have also decreased from 108.79 Cr in March 2023 to 98.37 Cr in March 2025, while employee costs increased from 4.37 Cr to 6.46 Cr in the same period. The operating profit (PBDIT) was positive in previous years but turned negative at -0.81 Cr in March 2025. Profit before tax decreased from 2.30 Cr in March 2023 to 1.00 Cr in March 2025, and profit after tax also saw a decline from 1.87 Cr to 0.71 Cr. The total liabilities rose significantly from 70.51 Cr in March 2023 to 98.52 Cr in March 2025, while total assets increased from 70.51 Cr to 98.52 Cr in the same timeframe. Cash flow from operating activities remained negative, reaching -16.00 Cr in March 2025, indicating ongoing challenges in generating cash from core operations. Overall, Variman Global's financial performance reflects a complex landscape of declining sales and profitability amid rising costs and liabilities.

Should I buy, sell or hold Variman Global?

Is Variman Global overvalued or undervalued?

As of December 1, 2025, Variman Global is fairly valued with a PE ratio of 66.27 and an EV to EBITDA ratio of 159.74, but has underperformed the Sensex with a year-to-date return of -43.24%.

As of 1 December 2025, Variman Global's valuation grade has moved from expensive to fair. The company is currently fairly valued, with a PE ratio of 66.27, an EV to EBITDA ratio of 159.74, and a ROE of 5.90%. In comparison, Bajaj Finance, which is classified as very expensive, has a PE ratio of 34.7, while Life Insurance, deemed very attractive, has a significantly lower PE ratio of 10.92.<BR><BR>Despite the recent adjustment in valuation, Variman Global's stock has underperformed compared to the Sensex, with a year-to-date return of -43.24% against the Sensex's 9.60%. This stark contrast highlights the challenges the company faces in the market, even as its valuation appears more reasonable relative to its peers.

Why is Variman Global Enterprises Ltd falling/rising?

As of 31-Jan, Variman Global Enterprises Ltd's stock price is at Rs. 4.75, reflecting a 4.81% decline and a new 52-week low. The stock has underperformed against the Sensex and shows a bearish trend with decreasing investor interest.

As of 31-Jan, Variman Global Enterprises Ltd's stock price is falling, currently at Rs. 4.75, which represents a decrease of Rs. 0.24 or 4.81%. This decline is part of a broader trend, as the stock has underperformed significantly compared to the benchmark Sensex, which has gained 0.90% over the past week while Variman's stock has dropped by 7.95%. <BR><BR>The stock has also reached a new 52-week low today, indicating ongoing struggles. Over the last three days, it has experienced a consecutive fall, totaling a decline of 9.18%. Additionally, Variman Global is trading below its moving averages across various time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, which suggests a bearish trend.<BR><BR>Investor participation appears to be waning, with delivery volume on January 29 falling by 44.71% compared to the 5-day average, indicating reduced interest in the stock. Overall, these factors contribute to the downward pressure on Variman Global Enterprises Ltd's stock price.

Which are the latest news on Variman Global?