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VARV.NS NSE (India) Textiles & Leather Goods

Varv.Ns

$63,49
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Mcap
P/E
EV / Rev
Div yield
Op margin
-198,8 %
ROE
51,9 %
Net margin
43,7 %
Debt / equity
2,64
Beta
52w range
Volume
Day range
Prev close
Open
Next earnings
Ex-dividend
TR 1Y
About

Varv operates in the Textiles & Leather Goods industry, primarily generating revenue through the production and sale of consumer goods within the Cyclical Consumer Products sector.

Business. Varv operates in the Textiles & Leather Goods industry, primarily generating revenue through the production and sale of consumer goods within the Cyclical Consumer Products sector.

Classification92 %
SectorConsumer Cyclicals
Business sectorCyclical Consumer Products
IndustryTextiles & Leather Goods
Generated · model-assisted
Sell-side consensus
consensus pending
— buy— hold— sell
Avg 12m price target
Upcoming events
— missing data
See all catalysts →

At a glance

Score
not yet scored
Valuation
valuation pending
Analysts
not yet wired
Ownership
not yet wired
Profitability
51,9 %
return on equity
Quality
not yet scored

What drives this business

The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.

— missing data

News & coverage

0
  • No recent newsroom coverage mentioning VARV.
  • Sector rotation

    Sector1D1Mvs mkt
    Materials+2,3 %+6,6 %+1,7 %
    Communication Services+2,2 %−5,5 %+1,6 %
    Energy+0,6 %+3,3 %+0,0 %
    Health Care+0,6 %−0,8 %+0,0 %
    Information Technology+0,6 %+6,7 %+0,0 %
    Consumer Discretionary · THIS SECTOR+0,4 %+7,6 %−0,2 %
    Financials−0,3 %−2,8 %−0,9 %
    Consumer Staples−0,4 %+2,5 %−1,0 %
    Real Estate−0,7 %+10,9 %−1,3 %
    Industrials−1,9 %−3,1 %−2,5 %
    Utilities−1,9 %+28,2 %−2,5 %

    Developing storylines

    No tracked sagas currently linked to VARV.NS. Browse all sagas →

    Analysis

    AI analysis
    Generated · analysis pipeline · tier hybrid · as of 2026-08-04 ↑ At a glance

    Opportunity

    — missing data

    Upcoming catalysts

    Scheduled public events. Informational only — not investment advice.

    • Macro
    • Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
    • Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
    • Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
    • Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
    • Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
    • Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
    • Macro & political
    • ElectionSE Swedish Election2026-09-14 · SE
    • ElectionUS U.S. Midterms2026-11-03 · US
    • ElectionFR French Legislative2027-06-01 · FR

    Pre-earnings brief

    — missing data

    Signals & dispatch

    peak dispatch · —

    Composite-score breakdown

    Synthesis

    Business

    Varv operates in the Textiles & Leather Goods industry, primarily generating revenue through the production and sale of consumer goods within the Cyclical Consumer Products sector.

    Classification92 %
    SectorConsumer Cyclicals
    Business sectorCyclical Consumer Products
    IndustryTextiles & Leather Goods
    AI synthesis
    GENERATED

    Varv's capital structure is characterized by a high debt-to-equity ratio of 2.64, indicating a significant reliance on debt financing. The company's liquidity position is assessed as medium, with a current ratio of 0.26, suggesting limited short-term liquidity to cover immediate liabilities. Despite a negative net cash position after subtracting total debt, the company maintains a positive operating cash flow of 274.7 million INR, which supports its operational liquidity.

    In terms of profitability, Varv's return on equity of 51.88% is notably high, indicating efficient use of shareholders' equity to generate profits. However, the company's return on assets of 9.07% is relatively modest, suggesting that asset utilization is not as effective in generating returns. The company's gross profit is negative at -438.6 million INR, which is a concerning indicator of cost management and pricing strategies.

    Varv's revenue is concentrated within the Textiles & Leather Goods industry, with no disclosed geographic diversification in the provided data. The company's exposure to a single industry increases its vulnerability to sector-specific risks, such as changes in consumer demand or supply chain disruptions.

    The company's growth trajectory is not clearly defined in the provided data, as there are no specific numeric deltas or revenue history projections for the current or next fiscal year. However, the positive net income of 185.4 million INR indicates some level of profitability, which could support future growth initiatives.

    Risk factors for Varv include a medium liquidity risk due to the low current ratio and a negative net cash position after debt. The company's dilution potential is assessed as low, with no significant dilution sources identified in the provided data. The absence of recent events or filings in the provided data means that there are no specific recent developments to highlight.

    Key takeaways
    • Varv has a high return on equity of 51.88%, indicating efficient use of shareholders' equity to generate profits.
    • The company's debt-to-equity ratio of 2.64 suggests a significant reliance on debt financing.
    • Varv's liquidity position is medium, with a current ratio of 0.26, indicating limited short-term liquidity.
    • The company's negative gross profit of -438.6 million INR is a concerning indicator of cost management and pricing strategies.
    • Varv's revenue is concentrated within the Textiles & Leather Goods industry, increasing its vulnerability to sector-specific risks.
    • margin_outlook_rationale: The company's negative gross profit indicates potential challenges in maintaining or improving margins.
    • rd_outlook_rationale: No specific information is provided regarding the company's research and development outlook.

    Bull / Bear case

    analysis pipeline
    — missing data

    In focus — financials by report

    Valuation

    Market price
    $63,49
    Market cap
    Enterprise value
    P/E
    Non-GAAP P/E
    EV / Revenue
    EV / Op income
    EV / OCF
    P / B
    P / Tangible book
    Tangible book
    $357.4M
    Net cash
    -$808.3M
    Current ratio
    0.3
    Debt / equity
    2.6
    ROA
    9.1%
    ROE
    51.9%
    Cash conversion
    148.0%
    CapEx / revenue
    SBC / revenue
    Dilution ratio
    0.0%

    Revenue by segment

    Market share

    — missing data

    Business relationships

    — missing data

    Supply chain

    — missing data

    Peer comparison

    — missing data

    Market position

    Stress test

    — missing data

    Predictor forecast

    Options

    — missing data

    Short squeeze

    — missing data

    Earnings-call key lines

    — missing data

    Estimate revisions

    consensus EPS · 26-week trend
    — missing data

    Sell-side observations

    — missing data

    Themes

    — missing data

    ESG

    — missing data

    Risk factors

    Dilution riskLow
    Liquidity riskMedium
    Filing-based flags
    • Net cash is negative after subtracting total debt.

    Benchmarks vs cohort

    Op Margin-198,8 %Bottom quartile
    Net Margin43,7 %Best in class
    ROE51,9 %Best in class
    D/E2,64Bottom quartile
    Cash Conv1,48Above median

    Corporate actions / M&A

    — missing data

    FX exposure

    — missing data

    Comparable transactions

    — missing data

    Derivatives & instruments

    — missing data

    Actions

    Ask Handelsavisen

    — missing data
    Data sources
    • Market data
    • Market data cache
    • Issuer disclosures
    • Public news
    • Earnings transcripts
    • Consensus estimates
    • ESG data
    How metrics are computed
    • Dilution Ratio
      (shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
    • Net Cash
      cash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
    • Return On Equity
      net_income / total_equity
    • Debt To Equity
      (short_term_debt + long_term_debt) / total_equity
    • Cash Conversion Ratio
      operating_cash_flow / net_income
    • Return On Assets
      net_income / total_assets
    Source documents
    • VARV.NS Market data — financials · 2026-05-29

    Ownership & reference

    Insider activity

    — missing data

    Short positioning

    — missing data

    Geographic breakdown

    — missing data
    Listings · one canonical issuer all listings resolve to the canonical
    VARV.NSCanonical
    NSE (India) · USD

    Intel & risk

    peak dispatch · —
    OSINT findings
    Dilution riskLow
    Liquidity riskMedium
    Net cash is negative after subtracting total debt.

    Evidence & claims

    From filings & derived data
    — missing data

    The Thread

    Everything we know, in order
    — missing data
    Sources filings · IR · transcripts · market data · tier hybrid · as of 2026-08-04 Market data · Issuer disclosures · Public news · Earnings transcripts · Consensus estimates · ESG data Premium coverage