Variman Global (VARIMAN) | Financial Analysis & Statements
Financial Overview
Latest Annual: 2025Income Metrics
Revenue
1.1B
Gross Profit
102.6M
9.44%
Operating Income
-15.9M
-1.46%
Net Income
7.1M
0.65%
Balance Sheet Metrics
Total Assets
985.7M
Total Liabilities
519.9M
Shareholders Equity
465.8M
Debt to Equity
1.12
Cash Flow Metrics
Operating Cash Flow
-205.7M
Free Cash Flow
-189.7M
Revenue & Profitability Trend
Variman Global Income Statement From 2021 to 2025
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Revenue | 1.1B | 1.1B | 1.2B | 767.1M | 588.3M |
| Cost of Goods Sold | 983.7M | 1.1B | 1.1B | 744.8M | 557.6M |
| Gross Profit | 102.6M | 47.4M | 30.5M | 22.2M | 30.7M |
| Operating Expenses | 46.1M | 41.3M | 19.8M | 20.3M | 17.9M |
| Operating Income | -15.9M | -3.5M | 5.2M | -2.8M | 8.6M |
| Pre-tax Income | 10.0M | 15.6M | 23.0M | 6.4M | 13.3M |
| Income Tax | 2.9M | 2.5M | 4.8M | 1.7M | 3.7M |
| Net Income | 7.1M | 13.1M | 18.2M | 4.7M | 9.6M |
| EPS (Diluted) | - | ₹0.06 | ₹0.09 | ₹0.03 | ₹0.06 |
Income Statement Trend
Variman Global Balance Sheet From 2021 to 2025
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Assets | |||||
| Current Assets | 659.1M | 623.2M | 561.9M | 360.3M | 333.9M |
| Non-Current Assets | 326.5M | 143.0M | 133.2M | 64.4M | 116.4M |
| Total Assets | 985.7M | 766.2M | 695.1M | 424.7M | 450.3M |
| Liabilities | |||||
| Current Liabilities | 261.0M | 268.9M | 225.3M | 101.3M | 155.3M |
| Non-Current Liabilities | 258.9M | 180.9M | 170.1M | 164.6M | 134.3M |
| Total Liabilities | 519.9M | 449.8M | 395.5M | 265.9M | 289.6M |
| Equity | |||||
| Total Shareholders Equity | 465.8M | 325.8M | 310.0M | 214.1M | 160.7M |
Balance Sheet Composition
Variman Global Cash Flow Statement From 2021 to 2025
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Net Income | 10.0M | 15.6M | 23.0M | 6.4M | 13.3M |
| Operating Cash Flow | -205.7M | 52.7M | -181.0M | -51.1M | -42.9M |
| Investing Activities | |||||
| Capital Expenditures | -20.3M | -13.6M | -15.7M | -495.0K | -1.2M |
| Investing Cash Flow | -18.6M | -15.2M | -29.6M | -495.0K | -13.5M |
| Financing Activities | |||||
| Dividends Paid | - | - | - | - | - |
| Financing Cash Flow | 134.9M | - | - | -1.0K | 1.0K |
| Free Cash Flow | -189.7M | 35.9M | -101.3M | -69.4M | -662.5K |
Cash Flow Trend
Variman Global Key Financial Ratios
Valuation Ratios
P/E Ratio (TTM)
815.50
Price to Book
6.10
Price to Sales
2.92
Profitability Ratios
Profit Margin
0.56%
Operating Margin
-2.51%
Return on Equity
1.66%
Return on Assets
-1.13%
Financial Health
Current Ratio
2.12
Debt to Equity
62.12
Beta
-0.56
Per Share Data
EPS (TTM)
₹0.02
Book Value per Share
₹2.68
Revenue per Share
₹7.12
Financial data is updated regularly. All figures are in the company's reporting currency.