VARMORA
Varmora Granito Limited
Varmora Granito Limited (VARMORA) financial statements and selected valuation metrics through 31 March 2026.
Consumer Discretionary›Consumer Durables›Consumer Durables›Ceramics
Key metrics
Price as of 2026-10-16
Full years shown; sign in free for the trailing twelve months. Learn about these metrics →
Price & valuation
Share price and valuation multiples (P/E, P/B and more) over time.
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Company snapshot
2ndBy market cap
Ranked among 10 companies in Ceramics.
What we see
- ✓88% of operating profit came in as cash over the last three years — profits are backed by real cash.
Statement tables · Consolidated
Switches quarterly, P&L, balance sheet, and cash flow. Key metrics and ratios stay on consolidated when available.
Consolidated only
Amounts in ₹ Cr · tap + to expand rows
Quarterly results
Quarterly · ₹ Cr · tap + rows to expand
No data for this view.
Profit & loss (annual)
Annual · last column is TTM · ₹ Cr · tap + to expand
| Metric | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|
| Sales | 1,435 Cr | 1,446 Cr | 1,512 Cr | Sign in free for the trailing twelve months |
| Operating expenses (approx.) | 1,322 Cr | 1,294 Cr | 1,341 Cr | Sign in free for the trailing twelve months |
| EBITDA | 113 Cr | 152 Cr | 171 Cr | Sign in free for the trailing twelve months |
| OPM % | 7.9% | 10.5% | 11.3% | Sign in free for the trailing twelve months |
| Other income | 37 Cr | 47 Cr | 50 Cr | Sign in free for the trailing twelve months |
| Interest | 29 Cr | 42 Cr | 39 Cr | Sign in free for the trailing twelve months |
| Depreciation | 62 Cr | 119 Cr | 106 Cr | Sign in free for the trailing twelve months |
| Profit before tax | 63 Cr | 38 Cr | 77 Cr | Sign in free for the trailing twelve months |
| Tax % | 28.7% | 18.3% | 28.1% | Sign in free for the trailing twelve months |
| Net profit | 45 Cr | 31 Cr | 55 Cr | Sign in free for the trailing twelve months |
| EPS (₹) | ₹2.19 | ₹1.75 | ₹3.08 | Sign in free for the trailing twelve months |
| Dividend payout % | — | — | — | Sign in free for the trailing twelve months |
The latest four quarters added up, next to each full year
Balance sheet
Annual · ₹ Cr · tap + rows to expand
| Metric | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|
| Equity capital | 40 Cr | 40 Cr | 40 Cr |
| Reserves | 648 Cr | 692 Cr | 766 Cr |
| Borrowings | 413 Cr | 505 Cr | 358 Cr |
| Other liabilities | 360 Cr | 341 Cr | 342 Cr |
| Total liabilities | 1,476 Cr | 1,590 Cr | 1,510 Cr |
| Fixed assets (net) | 688 Cr | 646 Cr | 561 Cr |
| CWIP | 3 Cr | 10 Cr | 27 Cr |
| Investments | 32 Cr | 34 Cr | 53 Cr |
| Inventories | 190 Cr | 286 Cr | 248 Cr |
| Trade receivables | 333 Cr | 382 Cr | 383 Cr |
| Cash & bank | 92 Cr | 82 Cr | 82 Cr |
| Other assets | 138 Cr | 150 Cr | 156 Cr |
| Total assets | 1,476 Cr | 1,590 Cr | 1,510 Cr |
Cash flows
Annual · ₹ Cr · tap + rows to expand · last column includes FCF
| Metric | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|
| Cash from operating activity | 88 Cr | 63 Cr | 234 Cr |
| Cash from investing | -337 Cr | -120 Cr | -46 Cr |
| Cash from financing | 115 Cr | 47 Cr | -188 Cr |
| Net cash flow | -133 Cr | -10 Cr | -0.19 Cr |
| Free cash flow (OCF − Capex) | -258 Cr | -40 Cr | 202 Cr |
Ratios
| Metric | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|
| ROCE % | 8.3% | 6.4% | 9.9% |
| ROE % | 6.3% | 4.7% | 7.7% |
| Debtor days | 85 | 96 | 92 |
| Inventory days | 224 | 256 | 236 |
| Days payable | 228 | 188 | 209 |
| Cash conversion cycle | 81 | 164 | 118 |
| OCF / EBITDA % | 78.0% | 41.7% | 136.5% |
| OCF / EBITDA % (3 years) | — | — | 88.4% |
| Debt / equity | 0.60 | 0.69 | 0.44 |
| Current ratio | 1.57 | 1.49 | 1.67 |
| Net debt / EBITDA | 2.83 | 2.79 | 1.61 |