# Variman Global (NSE: VARIMAN) share price, financials and shareholding

Source: https://app.pivotnow.in/stock/VARIMAN · Pivot · prices to 22 Oct 2026

With a market capitalisation of ₹75 Cr, it ranks 2825th by market cap among the 4,183 NSE companies Pivot tracks (a small-cap company by SEBI's rank bands). It belongs to the Infrastructure sector; its industry is Software - Application.

Its return on equity was 6.6% in FY26. In Q4 FY26, the quarter ended 31 Mar 2026, revenue was ₹44 Cr (+106.3% year on year) and net profit ₹0 Cr, on a consolidated basis. Promoters held 27.75% of the company as of 30 Jun 2026.

## Key numbers

| Metric | Value |
| --- | --- |
| Market cap | ₹75 Cr |
| ROE | 6.6% (FY26) |
| ROCE | 10.8% (FY26) |
| Debt to equity | 0.67 |

## Quarterly results (₹ crore, consolidated)

| Quarter | Revenue | Revenue YoY | Net profit | Net profit YoY | EPS (₹) |
| --- | --- | --- | --- | --- | --- |
| Q4 FY26 | ₹44 Cr | +106.3% | ₹0 Cr | — | ₹0.00 |
| Q3 FY26 | ₹34 Cr | +7.8% | ₹1 Cr | +95.3% | ₹0.06 |
| Q2 FY26 | ₹22 Cr | −30.2% | ₹0 Cr | −76.9% | ₹0.00 |
| Q1 FY26 | ₹32 Cr | +35.9% | ₹2 Cr | +885.0% | ₹0.10 |
| Q4 FY25 | ₹21 Cr | −22.8% | −₹1 Cr | — | −₹0.03 |
| Q3 FY25 | ₹31 Cr | +16.3% | ₹1 Cr | — | ₹0.03 |
| Q2 FY25 | ₹32 Cr | −4.3% | ₹0 Cr | −81.4% | ₹0.02 |
| Q1 FY25 | ₹24 Cr | −7.3% | ₹0 Cr | — | ₹0.01 |

## Annual results (₹ crore)

| Fiscal year | Revenue | Net profit |
| --- | --- | --- |
| FY25 | ₹109 Cr | ₹1 Cr |
| FY24 | ₹113 Cr | ₹1 Cr |
| FY23 | ₹116 Cr | ₹2 Cr |
| FY22 | ₹77 Cr | ₹0 Cr |
| FY21 | ₹59 Cr | ₹1 Cr |
| FY20 | ₹61 Cr | ₹1 Cr |

## Shareholding (30 Jun 2026)

- Promoters: 27.75%
- Foreign institutions: 1.61%
- Non-institutions: 69.35%

## Peers

| Company | Price | Market cap | P/E | ROE |
| --- | --- | --- | --- | --- |
| [Gabion Techno](https://app.pivotnow.in/stock/GTIL) | — | ₹87 Cr | — | — |
| [Sadbhav Infrastructure Project](https://app.pivotnow.in/stock/SADBHIN) | ₹2.36 | ₹83 Cr | — | — |
| [Jayant Infra](https://app.pivotnow.in/stock/JAYANT) | — | ₹80 Cr | — | — |
| [Sharika Enter](https://app.pivotnow.in/stock/SHARIKA) | — | ₹78 Cr | — | — |
| [Readymix Constr](https://app.pivotnow.in/stock/READYMIX) | ₹59.85 | ₹66 Cr | — | — |
| [Noida Toll Bridge Company](https://app.pivotnow.in/stock/NOIDATOLL) | ₹3.54 | ₹66 Cr | 2.4 | — |

## Questions and answers

### What is the market cap of Variman Global?

Variman Global's market capitalisation is ₹75 Cr (₹75 Cr) at the 22 Oct 2026 close, ranking 2825th among the NSE companies Pivot tracks.

### What is the ROE and ROCE of Variman Global?

Return on equity was 6.6% in FY26 and return on capital employed was 10.8% in FY26 (consolidated figures).

### Is Variman Global a debt-free company?

No. Variman Global's debt-to-equity ratio was 0.67 in FY26, with total debt of ₹27 Cr.

### What were Variman Global's latest quarterly results?

For Q4 FY26 (quarter ended 31 Mar 2026), Variman Global reported revenue of ₹44 Cr, +106.3% year on year, and net profit of ₹0 Cr.

### What is the shareholding pattern of Variman Global?

As of 30 Jun 2026: promoters 27.75%, foreign institutions 1.61%, non-institutions 69.35%.

### Who are Variman Global's competitors?

The listed Infrastructure companies closest to Variman Global by market cap are Gabion Techno, Sadbhav Infrastructure Project, Jayant Infra, Sharika Enter, Readymix Constr and Noida Toll Bridge Company.

### Is Variman Global a good stock to buy?

Pivot does not give buy or sell recommendations. This page sets out Variman Global's price history, valuation, profitability, quarterly results and ownership so you can judge it yourself, and Pivot's chart lets you test a strategy on VARIMAN against its own history before risking money. This is analysis, not financial advice.

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Sources: NSE end-of-day bars (Pivot's market data store); Company filings via Moneycontrol; Exchange shareholding-pattern filings. This is analysis, not financial advice. Pivot is not a broker or a SEBI-registered investment adviser.