Skip to content
Varmora Granito logo

Varmora Granito

VARMORA NSE
₹134.08

Close ·

P/E
25.30
View as Markdown
MCP
Close 4 Nov 2026 ₹134.08 −18.11 −11.9% since 29 Sep 2026
Start ₹152.19

Key Fundamentals

Microcap

Price-based figures at the close · TTM

ROCE
9.46%
Debt to Equity
0.47
EPS (TTM)
₹5.30
Book Value
₹51.89
Market Cap
—
P/E (TTM)
25.30
P/B
2.58
ROE
8.05%
Dividend Yield
0.00%
EBITDA
₹222 Cr
52W High
₹163.77
52W Low
₹117.42

Key Insights

Strengths

1
  • Company has reduced debt.

Weaknesses

1
  • Company has a low return on equity of 6.64% over last 3 years.

Technical Indicators

Technical signals: verdict and indicator counts
GroupSignalBearishNeutralBullish
OverallBullish0145
OscillatorsBullish081
Moving AveragesBullish064

Key readings

RSI (14)
46.01
Neutral
MACD (12,26,9)
—
Neutral
SMA (50)
—
Neutral
SMA (200)
—
Neutral

As of

Growth Rate

From the financial statements below. 5Y, 3Y: compound annual growth to Mar 2026; 1Y: fiscal year to Mar 2026 against Mar 2025.

Revenue

Revenue growth by window
5Y+12.53%
3Y+4.24%
1Y+4.56%

Net profit

Net profit growth by window
5Y+6.58%
3Y0.00%
1Y+77.42%

Operating cash flow

Operating cash flow growth by window
5Y+15.27%
3YTurned positive
1Y+271.43%

Operating margin· change in pp

Operating margin growth by window
5Y+0.33 pp
3Y+2.62 pp
1Y+0.73 pp

Trailing twelve months: Results are not reported for each of the last eight quarters, so there is no trailing-twelve-month figure.

Revenue by year

Revenue by year, ₹ crore
Mar 2021₹838 Cr
Mar 2022₹1,056 Cr
Mar 2023₹1,335 Cr
Mar 2024₹1,435 Cr
Mar 2025₹1,446 Cr
Mar 2026₹1,512 Cr

Net profit by year

Net profit by year, ₹ crore
Mar 2021₹40.00 Cr
Mar 2022₹51.00 Cr
Mar 2023₹55.00 Cr
Mar 2024₹45.00 Cr
Mar 2025₹31.00 Cr
Mar 2026₹55.00 Cr

Quarterly Results

₹ Cr
VARMORA quarterly results, ₹ crore
Particulars Jun 2025Sep 2025Mar 2026Jun 2026Sep 2026
Sales
325
367
453
315
399
Expenses
303
332
382
287
334
Operating Profit
22
35
71
28
65
OPM %
7%
9%
16%
9%
16%
Other Income
8
23
18
5
3.62
Interest
11
10
10
7
7
Depreciation
26
27
26
12
11
PBT
−7
21
53
14.37
51
Tax %
−26%
32%
27%
31%
14%
Net Profit
−5
14
39
10
44
EPS (₹)
−0.21
0.82
2.02
0.63
2.01

Profit & Loss

₹ Cr
VARMORA profit and loss, annual, ₹ crore
Particulars Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Sales
838
1,056
1,335
1,435
1,446
1,512
Expenses
746
942
1,219
1,322
1,293
1,341
Operating Profit
92
114
116
113
153
171
OPM %
11%
11%
9%
8%
11%
11%
Other Income
5
7
67
40
46
51
Interest
15
17
42
29
42
39
Depreciation
28
35
56
62
119
106
PBT
54
69
85
63
38
77
Tax %
26%
27%
35%
29%
18%
28%
Net Profit
40
51
55
45
31
55
EPS (₹)
34.65
47.55
38.25
5.53
1.75
3.08
Div. Payout %
0%
0%
0%
0%
0%
0%

Balance Sheet

₹ Cr
VARMORA balance sheet, annual, ₹ crore
Particulars Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital
10
10
13
40
40
40
Reserves
153
201
638
648
692
766
Borrowings
227
246
275
428
521
377
Other Liabilities
230
291
329
352
332
323
Total Liabilities
621
748
1,256
1,467
1,585
1,506
Fixed Assets
178
252
382
752
706
617
CWIP
32
5
3
3
10
27
Investments
20
27
29
32
34
53
Other Assets
390
464
842
680
836
808
Total Assets
621
748
1,256
1,467
1,585
1,506

Cash Flow

₹ Cr
VARMORA cash flow, annual, ₹ crore
Particulars Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating
115
68
−10
88
63
234
Investing
−97
−75
−83
−337
−120
−46
Financing
−1
17
290
115
47
−188
Net Cash Flow
18
9
197
−133
−10
0
Free Cash Flow
20
−4
−23
−258
−40
202
CFO/OP
137
74
13
96
50
146

Ratios

VARMORA financial ratios, annual
Particulars Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days
106
93
99
85
96
92
Inventory Days
66
94
138
112
215
156
Days Payable
119
144
175
114
158
138
Cash Conversion Cycle
53
43
62
83
154
110
Working Capital Days
32
22
38
36
40
50
ROCE %
—
19%
17%
9%
7%
9%

Insights

Beta

AI-extracted from concalls & annual reports · figures as reported, with sources

Log in to view Varmora Granito insights

34 extracted metrics across FY21–FY27.

Shareholding Pattern

As of Sep 2026

  • Promoters 47.04%
  • Others 22.98%
  • Public 18.74%
  • FIIs 6.06%
  • DIIs 5.18%

No promoter shares pledged as of 14 Oct 2026

Change vs previous quarter

A trend needs at least two reported periods.

Documents

Frequently Asked Questions about Varmora Granito

What does Varmora Granito Ltd do?
Varmora Granito Limited, incorporated in 2003, manufactures and markets ceramic and vitrified tiles, including Glazed Vitrified Tiles (GVT), Polished Vitrified Tiles (PVT), and ceramic tiles.
Where is Varmora Granito Ltd (VARMORA) listed?
Varmora Granito Ltd trades as VARMORA on the NSE and under code 544942 on the BSE.
Which sector does Varmora Granito Ltd belong to?
Varmora Granito Ltd is classified under the Consumer Discretionary sector, in the Consumer Durables industry.
What is the PE ratio of Varmora Granito Ltd?
Varmora Granito Ltd trades at a PE ratio of 25.30 as of 4 Nov 2026, on earnings per share of ₹5.3, against a book value of ₹51.89 per share.
What is the 52-week high and low of Varmora Granito Ltd?
Over the last 52 weeks Varmora Granito Ltd has traded between ₹117.42 and ₹163.77 as of 4 Nov 2026.
What is the Return on Equity (ROE) of Varmora Granito Ltd?
Varmora Granito Ltd reported a return on equity of 8.05%. Its debt-to-equity ratio is 0.47.

Company Information

Varmora Granito Limited, incorporated in 2003, manufactures and markets ceramic and vitrified tiles, including Glazed Vitrified Tiles (GVT), Polished Vitrified Tiles (PVT), and ceramic tiles.

Listed 29 Sep 2026
Face Value ₹2

For AI agents and developers

Reading this as an AI agent, LLM or automated pipeline? Every page on Tapetide is also published as clean Markdown — no navigation, no scripts, just the data. Fetch https://tapetide.com/stocks/VARMORA.md for Varmora Granito Ltd: dated key facts, then this page's sections in order: latest price, key fundamentals, peer comparison, the Tapetide Score, technical indicators, analyst ratings, growth rates, analyst forecasts, the AI analysis and news digest (labelled as AI-generated), financial statements, shareholding pattern, documents and the FAQ.

Append .md to any Tapetide URL for the same treatment. A full index of what we publish is at /llms.txt and /llms-full.txt. For live, structured queries instead of documents, use our Indian stock market MCP server.

Explore More

FII DII DataStock ScreenerNifty 50 HeatmapF&O Ban ListFII and DII flows, month by monthHow Tapetide Scores changed, month by monthStocks mutual funds are buying, month by month