Variman Global Share Price Target 2024, 2025 to 2030, Performance & Key Insights:In this article, we will discuss Variman Global Share Price Target 2024, 2025 to 2030, its Performance, Stock Market Updates, Financial Health and Analysis, Shareholding Pattern, Peer Competitors, and other important details. Variman Global Enterprises Ltd., a growing player in the technology and IT services sector, specializes in cutting-edge digital transformation solutions and software development.
Overview of Variman Global Enterprises Ltd
What is Variman Global Enterprises Ltd?
Variman Global Enterprises Ltd is an Indian company specializing in providing IT services, digital transformation solutions, and software development. Founded in 1993, the company focuses on helping businesses adopt innovative technologies to enhance efficiency and competitiveness. Headquartered in India, Variman Global serves a wide range of clients and has established itself as a key player in the IT services sector. It is listed on the Bombay Stock Exchange (BSE), contributing to India’s growing IT ecosystem.
Key Features of Variman Global Enterprises Ltd:
- IT Services Specialist: Variman Global focuses on delivering cutting-edge IT solutions, including digital transformation services and software development.
- Focused Workforce: The company maintains a lean and agile team of 38 employees, ensuring efficiency in operations.
- Expanding Portfolio: Through its subsidiary, Straton Business Solutions Private Limited, Variman Global broadens its service offerings and market reach.
- Steady Market Presence: As of 22 November 2024, Variman Global’s stock price closed at ₹13.0, reflecting its consistent market activity.
Information about Variman Global Enterprises Ltd:
| Information | Details |
|---|---|
| Website | varimanglobal.com |
| Headquarters | India |
| Founded | 1993 |
| Number of Employees | 38 (2024) |
| Subsidiary | Straton Business Solutions Private Limited |
| BSE Symbol | 540570 |
Current Market Position of Variman Global Enterprises Ltd Share
As of November 2024, Variman Global Enterprises Ltd’s share has experienced significant fluctuations. It is down by -1.9% today and -3.95% over the past week. Over the past month, the share has dropped by -24.52%, and has seen a decline of -34.28% over the last three months. However, the longer-term performance remains strong, with a return of -1.15% over the past year, +255.86% over the past three years, and an impressive +1,223.08% over the past five years.
Variman Global Enterprises Ltd Share Fundamental Data
- Market Cap: ₹254 Cr.
- Current Price: ₹13.0
- High / Low: ₹34.0 / ₹11.1
- Stock P/E: 2,821
- Book Value: ₹2.39
- Dividend Yield: 0.00%
- ROCE: 8.24%
- ROE: 3.39%
- Face Value: ₹1.00
Market Position of Variman Global Enterprises Ltd Share as of November 2024
| Time Period | Returns of Variman Global Share |
|---|---|
| 1 Day | -1.9% |
| 1 Week | -3.95% |
| 1 Month | -24.52% |
| 3 Months | -34.28% |
| 1 Year | -1.15% |
| 3 Years | 255.86% |
| 5 Years | 1,223.08% |
Variman Global Enterprises Ltd Share Target for 2024, 2025, 2026, 2027, 2028, 2029, 2030
Variman Global Enterprises Ltd Share Target in 2024
In 2024, the share price target for Variman Global Enterprises Ltd is expected to range between ₹15 and ₹18. This projection considers the company’s potential to stabilize and recover from recent declines while leveraging its IT services expertise.
| Year | Minimum Target | Maximum Target |
|---|---|---|
| 2024 | ₹15 | ₹18 |
Variman Global Enterprises Ltd Share Target in 2025
For 2025, the share price target for Variman Global Enterprises Ltd is projected to range between ₹20 and ₹25, reflecting a gradual recovery and increased adoption of its digital transformation solutions.
| Year | Minimum Target | Maximum Target |
|---|---|---|
| 2025 | ₹20 | ₹25 |
Variman Global Enterprises Ltd Share Target in 2026
In 2026, the share price target for Variman Global Enterprises Ltd is anticipated to range between ₹30 and ₹35, driven by steady growth in IT services demand and an expanded client base.
Variman Global Enterprises Ltd Share Target in 2027
By 2027, the share price target for Variman Global Enterprises Ltd is projected to range between ₹40 and ₹50, supported by its consistent performance and increased market presence.
| Year | Minimum Target | Maximum Target |
|---|---|---|
| 2027 | ₹40 | ₹50 |
Variman Global Enterprises Ltd Share Target in 2028
In 2028, the share price target for Variman Global Enterprises Ltd is estimated to range between ₹55 and ₹65, reflecting sustained growth and improved profitability.
| Year | Minimum Target | Maximum Target |
|---|---|---|
| 2028 | ₹55 | ₹65 |
Variman Global Enterprises Ltd Share Target in 2029
For 2029, the share price target for Variman Global Enterprises Ltd is expected to range between ₹70 and ₹85, driven by robust demand for its digital transformation services and enhanced operational efficiency.
| Year | Minimum Target | Maximum Target |
|---|---|---|
| 2029 | ₹70 | ₹85 |
Variman Global Enterprises Ltd Share Target in 2030
By 2030, the share price target for Variman Global Enterprises Ltd is projected to range between ₹100 and ₹120, supported by its long-term growth trajectory and strengthened market position.
| Year | Minimum Target | Maximum Target |
|---|---|---|
| 2030 | ₹100 | ₹120 |
Financial Health and Performance Analysis of Variman Global Enterprises Ltd (FY 2020 – FY 2024)
Variman Global Enterprises Ltd Financials Income (P&L) (FY 2020 – FY 2024)
FY 2024
| Metric | FY 2024 | Y/Y Growth |
|---|---|---|
| Total Revenue | ₹118.17 Cr | -1.59% |
| Total Expenses | ₹116.60 Cr | -0.99% |
| Profit after Tax (PAT) | ₹1.07 Cr | -34.53% |
| Operating Profit Margin (OPM) | 4.07% | – |
| Net Profit Margin (NPM) | 0.94% | – |
| Basic EPS (₹) | ₹0.06 | -34.53% |
FY 2023
| Metric | FY 2023 | Y/Y Growth |
|---|---|---|
| Total Revenue | ₹120.08 Cr | +51.26% |
| Total Expenses | ₹117.77 Cr | +49.57% |
| Profit after Tax (PAT) | ₹1.64 Cr | +245.63% |
| Operating Profit Margin (OPM) | 3.90% | – |
| Net Profit Margin (NPM) | 1.41% | – |
| Basic EPS (₹) | ₹0.09 | +245.63% |
FY 2022
| Metric | FY 2022 | Y/Y Growth |
|---|---|---|
| Total Revenue | ₹79.39 Cr | +30.32% |
| Total Expenses | ₹78.74 Cr | +32.16% |
| Profit after Tax (PAT) | ₹0.47 Cr | -50.71% |
| Operating Profit Margin (OPM) | 3.13% | – |
| Net Profit Margin (NPM) | 0.61% | – |
| Basic EPS (₹) | ₹0.28 | -50.71% |
FY 2021
| Metric | FY 2021 | Y/Y Growth |
|---|---|---|
| Total Revenue | ₹60.92 Cr | -3.67% |
| Total Expenses | ₹59.58 Cr | -4.57% |
| Profit after Tax (PAT) | ₹0.96 Cr | +63.36% |
| Operating Profit Margin (OPM) | 4.99% | – |
| Net Profit Margin (NPM) | 1.63% | – |
| Basic EPS (₹) | ₹0.57 | +63.36% |
FY 2020
| Metric | FY 2020 | Y/Y Growth |
|---|---|---|
| Total Revenue | ₹63.24 Cr | +20.56% |
| Total Expenses | ₹62.44 Cr | +20.69% |
| Profit after Tax (PAT) | ₹0.59 Cr | +10.38% |
| Operating Profit Margin (OPM) | 3.61% | – |
| Net Profit Margin (NPM) | 0.96% | – |
| Basic EPS (₹) | ₹0.35 | +10.38% |
Analysis Summary:
- Revenue Growth: Variman Global Enterprises Ltd has seen fluctuations in revenue growth, with a decline of -1.59% in FY 2024 after substantial growth in FY 2023 (+51.26%). This indicates challenges in maintaining revenue momentum despite previous high growth periods.
- Expense Management: Total expenses decreased slightly by -0.99% in FY 2024, showing effective control in cost management, especially after a significant rise in FY 2023 (+49.57%).
- Profitability: Profit after Tax (PAT) witnessed a decline of -34.53% in FY 2024, which contrasts sharply with the +245.63% growth seen in FY 2023. This suggests volatility in profit generation in recent periods.
- Margins: Operating Profit Margin (OPM) increased slightly to 4.07% in FY 2024, showing a small improvement from 3.90% in FY 2023. However, the net profit margin (NPM) declined to 0.94% from 1.41%, reflecting challenges in profitability.
- Earnings Per Share (EPS): The Basic EPS dropped to ₹0.06 in FY 2024, down by -34.53% from the previous year, indicating a decline in shareholder returns after a significant rise in FY 2023.
How to Buy Variman Global Enterprises Ltd. Shares:
- Choose a Broker: Select a brokerage platform that offers Variman Global Enterprises Ltd. shares for trading.
- Open a Trading Account: Set up a Demat and trading account with your chosen broker.
- Complete KYC: Submit the necessary identity and address verification documents to complete the KYC process.
- Deposit Funds: Add funds to your trading account to enable share purchases.
- Search for Variman Global Enterprises Ltd. Shares: Find the shares by searching for the company’s name or ticker symbol.
- Place an Order: Choose the quantity of shares you wish to buy and place a market or limit order.
- Confirm Purchase: Review the transaction details and confirm your order.
Variman Global Enterprises Ltd. Share Price Target for the Next 5 Years:
Variman Global Enterprises Ltd. is positioned to benefit from its growing expertise in IT services and digital transformation solutions. Below are the projected share price targets for the company for the next five years:
| Year | Minimum Target (₹) | Maximum Target (₹) |
|---|---|---|
| 2024 | ₹15 | ₹18 |
| 2025 | ₹20 | ₹25 |
| 2026 | ₹30 | ₹35 |
| 2027 | ₹40 | ₹50 |
| 2028 | ₹55 | ₹65 |
Shareholding Pattern of Variman Global Enterprises Ltd.
Promoters:
- No. of Shares: 5,47,49,650
- Percentage: 28.14%
- % Change QoQ: -28.14%
Pledge:
- No. of Shares: 60,00,000
- Percentage: 10.96%
- % Change QoQ: -10.96%
FII (Foreign Institutional Investors):
- No. of Shares: 30,25,133
- Percentage: 1.55%
- % Change QoQ: -1.55%
DII (Domestic Institutional Investors):
- No. of Shares: 0
- Percentage: 0.00%
- % Change QoQ: –
Others:
- No. of Shares: 13,68,06,217
- Percentage: 70.31%
- % Change QoQ: +29.69%
Pros and Cons of Variman Global Enterprises Ltd. Shareholding
Pros:
- Increase in “Others” Stake: The “Others” category holds 70.31% of the shares, with a significant quarter-on-quarter increase of 29.69%. This suggests broad market interest.
- Strong Presence of Promoters: Although their stake is reduced, promoters still hold a substantial 28.14% of the shares, maintaining control over the company.
Cons:
- High Pledge Percentage: 10.96% of shares are pledged, which could indicate potential financial risk or liquidity issues for the promoters.
- Lack of DII Stake: The absence of Domestic Institutional Investors (DII) could reflect a gap in institutional support or confidence in the company.
Peer Competitors of Variman Global Enterprises Ltd in the Trading Industry
| Name | Share Price (₹) | Market Cap (₹ Cr) |
|---|---|---|
| Adani Enterprises | 2228.00 | 257151.47 |
| Aegis Logistics | 800.20 | 28087.02 |
| Cello World | 744.75 | 16450.41 |
| Redington | 194.69 | 15220.37 |
| MMTC | 74.40 | 11160.00 |
| Arvind Fashions | 572.60 | 7629.73 |
| Honasa Consumer | 224.75 | 7300.42 |
| Variman Global | 13.05 | 253.93 |
FAQ
1. What is Variman Global Enterprises Ltd. known for?
Variman Global Enterprises Ltd. is primarily involved in the trading industry, offering a range of products and services, focusing on digital transformation and IT services.
2. What are the projected share price targets for Variman Global Enterprises Ltd.?
- 2024: ₹15 to ₹18
- 2025: ₹20 to ₹25
- 2026: ₹30 to ₹35
- 2027: ₹40 to ₹50
- 2028: ₹55 to ₹65
3. What is the shareholding pattern of Variman Global Enterprises Ltd.?
- Promoters: 28.14% (5,47,49,650 shares)
- Pledge: 10.96% (60,00,000 shares)
- FII: 1.55% (30,25,133 shares)
- Others: 70.31% (13,68,06,217 shares)
4. How can I buy shares of Variman Global Enterprises Ltd.?
- Choose a Broker: Select a brokerage platform that supports Variman Global Enterprises Ltd.
- Open a Trading Account: Set up a Demat and trading account with the broker.
- Complete KYC: Submit identity and address verification documents.
- Deposit Funds: Fund your account to make purchases.
- Place an Order: Search for the company’s shares and place an order.
- Confirm the Purchase: Review and confirm your transaction.
5. What are the key competitors of Variman Global Enterprises Ltd.?
Some of the key competitors in the trading industry include:
- Adani Enterprises
- Aegis Logistics
- Cello World
- Redington
- MMTC
6. What is the market capitalization of Variman Global Enterprises Ltd.?
Variman Global Enterprises Ltd. has a market capitalization of ₹253.93 Cr.
7. Is Variman Global Enterprises Ltd. a good investment?
The investment potential of Variman Global Enterprises Ltd. depends on factors such as the company’s financial health, growth potential in the trading sector, and overall market conditions. The share price projections indicate gradual growth over the next five years, but investors should conduct thorough research or consult financial advisors before making investment decisions.
8. How is the financial health of Variman Global Enterprises Ltd.?
Variman Global Enterprises Ltd. is in a recovery phase, leveraging its expertise in digital transformation. The gradual increase in share price targets over the next few years suggests a steady growth outlook for the company, especially in IT services.
9. What are the risks associated with investing in Variman Global Enterprises Ltd.?
The risks include market volatility, fluctuations in demand for trading services, and competition from other firms in the industry. Additionally, a large portion of the company’s shares is owned by “Others,” which could indicate a less strategic alignment among institutional investors.
10. What is the recent performance of Variman Global Enterprises Ltd.?
Variman Global Enterprises Ltd. has faced a period of stabilization after recent declines, but it is well-positioned to leverage digital transformation trends, which could contribute to its recovery and growth.
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