# Varun Ind (NSE: VARUN) share price, financials and shareholding

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

With a market capitalisation of ₹1,79,092 Cr, it ranks 50th by market cap among the 4,183 NSE companies Pivot tracks (a large-cap company by SEBI's rank bands). It belongs to the Metals & Mining sector; its industry is Beverages - Non - Alcoholic.

Its return on equity was −17.7% in FY13.

## Key numbers

| Metric | Value |
| --- | --- |
| Market cap | ₹1,79,092 Cr |
| ROE | −17.7% (FY13) |
| ROCE | −3.2% (FY13) |
| Debt to equity | 7.49 |

## Annual results (₹ crore)

| Fiscal year | Revenue | Net profit |
| --- | --- | --- |
| FY13 | ₹186 Cr | −₹42 Cr |
| FY12 | ₹4,110 Cr | −₹172 Cr |
| FY11 | ₹3,541 Cr | ₹44 Cr |
| FY10 | ₹2,004 Cr | ₹27 Cr |
| FY09 | ₹1,461 Cr | ₹14 Cr |
| FY08 | ₹1,068 Cr | ₹22 Cr |

## Peers

| Company | Price | Market cap | P/E | ROE |
| --- | --- | --- | --- | --- |
| [JSW Steel](https://app.pivotnow.in/stock/JSWSTEEL) | ₹1,225.40 | ₹2,98,345 Cr | 13.4 | 4.4% |
| [Tata Steel Long](https://app.pivotnow.in/stock/TATASTLLP) | — | ₹2,48,139 Cr | — | −234.7% |
| [Coal India](https://app.pivotnow.in/stock/COALINDIA) | ₹398.80 | ₹2,48,081 Cr | 7.9 | 26.1% |
| [Hindustan Zinc](https://app.pivotnow.in/stock/HINDZINC) | ₹515.45 | ₹2,18,872 Cr | 15.7 | 61.1% |
| [Tata Steel](https://app.pivotnow.in/stock/TATASTEEL) | ₹170.97 | ₹2,15,129 Cr | 19.8 | — |
| [Hindalco Industries](https://app.pivotnow.in/stock/HINDALCO) | ₹883.35 | ₹2,00,644 Cr | 14.7 | 12.9% |

## Questions and answers

### What is the market cap of Varun Ind?

Varun Ind's market capitalisation is ₹1,79,092 Cr (₹1.79 lakh Cr) at the 22 Oct 2026 close, ranking 50th among the NSE companies Pivot tracks.

### What is the ROE and ROCE of Varun Ind?

Return on equity was −17.7% in FY13 and return on capital employed was −3.2% in FY13 (consolidated figures).

### Is Varun Ind a debt-free company?

No. Varun Ind's debt-to-equity ratio was 7.49 in FY13, with total debt of ₹1,112 Cr.

### Who are Varun Ind's competitors?

The listed Metals & Mining companies closest to Varun Ind by market cap are JSW Steel, Tata Steel Long, Coal India, Hindustan Zinc, Tata Steel and Hindalco Industries.

### Is Varun Ind a good stock to buy?

Pivot does not give buy or sell recommendations. This page sets out Varun Ind'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 VARUN 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.