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Ashnoor Textile Mills Ltd vs Varvee Global Ltd Stock Comparison

Ashnoor Textile Mills Ltd vs Varvee Global Ltd Stock Comparison

Last Updated on: Jun 26, 2026

Key Highlights

  • The Latest Trading Price of Ashnoor Textile Mills Ltd is ₹ 39.2 as of 25 Jun 15:30 . The P/E Ratio of Ashnoor Textile Mills Ltd changed from 3.4 on March 2021 to 4.6 on March 2025 . This represents a CAGR of 6.23% over 5 yearsThe P/E Ratio of Varvee Global Ltd changed from 18.2 on March 2025 to 18.2 on March 2025 . This represents a CAGR of 0.00% over 1 years The Market Cap of Ashnoor Textile Mills Ltd changed from ₹ 18.65 crore on March 2021 to ₹ 72.62 crore on March 2025 . This represents a CAGR of 31.24% over 5 yearsThe Market Cap of Varvee Global Ltd changed from ₹ 41.29 crore on March 2021 to ₹ 337.59 crore on March 2025 . This represents a CAGR of 52.23% over 5 years The revenue of Ashnoor Textile Mills Ltd for the Mar '26 is ₹ 22.08 crore as compare to the Dec '25 revenue of ₹ 22.41 crore. This represent the decline of -1.47% The revenue of Varvee Global Ltd for the Mar '26 is ₹ 8.2 crore as compare to the Dec '25 revenue of ₹ 33.77 crore. This represent the decline of -75.72% The ebitda of Ashnoor Textile Mills Ltd for the Mar '26 is ₹ 1.89 crore as compare to the Dec '25 ebitda of ₹ 2.87 crore. This represent the decline of -34.15% The ebitda of Varvee Global Ltd for the Mar '26 is ₹ -21.07 crore as compare to the Dec '25 ebitda of ₹ 20.16 crore. This represent the decline of -204% The net profit of Ashnoor Textile Mills Ltd changed from ₹ 4.65 crore to ₹ 1.47 crore over 8 quarters. This represents a CAGR of -43.77% The net profit of Varvee Global Ltd changed from ₹ 22.58 crore to ₹ -28.59 crore over 8 quarters. This represents a CAGR of NaN% The Dividend Payout of Ashnoor Textile Mills Ltd changed from 0 % on March 2021 to 0 % on March 2025 . This represents a CAGR of 0.0% over 5 yearsThe Dividend Payout of Varvee Global Ltd changed from 0 % on March 2021 to 0 % on March 2025 . This represents a CAGR of 0.0% over 5 years .

About Ashnoor Textile Mills Ltd

  • Incorporated in January, 1984, Ashnoor Textile Mills Limited, formerly known Gupta Carpets Udyog Limited is promoted by Mr. Suneel Gupta.
  • The Company operate production facilities at Amritsar, Agra, Mirzapur, Jaipur, Panipat and Srinagar.
  • It is engaged in manufacture and export of Terry Towels to the US. It has one plant located at Gurgaon. The Company went public in 1986 and issued equity capital worth Rs 88 lac.
  • It was followed by a rights issue in 1989 in the ratio of 1:2 at a premium of Rs 4 per share.
  • In Mar.'92, the company came out with another rights issue.

About Varvee Global Ltd

  • Varvee Global Limited was initially incorporated as a private limited Company as 'Aarvee Denims & Exports Private Limited' in March, 1988 and was converted into a public Limited Company in April, 1992.
  • Subsequently, the Company changed the name to Varvee Global Limited from Aarvee Denims and Exports Limited in August, 2025.
  • The Company has its plant at Narol, Ahmedabad and is presently engaged in the manufacturing and selling of denim and non denim Fabrics.
  • It manufactures indigo denim fabrics. The company made a public issue in Nov.'92 to finance its expansion programme to expand both yarn dyeing and weaving capacity to 81.60 lac mtr pa and 41.68 lac mtr pa respectively and to manufacture quality denim fabrics.
  • Commercial production of the expanded capacity commenced in 1992-93. In 1994-95, the company, as a diversification measure, implemented a project to set up an open end spinning unit for the in-house requirement of yarn.

FAQs for the comparison of Ashnoor Textile Mills Ltd and Varvee Global Ltd

Which company has a larger market capitalization, Ashnoor Textile Mills Ltd or Varvee Global Ltd?

Market cap of Ashnoor Textile Mills Ltd is 62 Cr while Market cap of Varvee Global Ltd is 338 Cr

What are the key factors driving the stock performance of Ashnoor Textile Mills Ltd and Varvee Global Ltd?

The stock performance of Ashnoor Textile Mills Ltd and Varvee Global Ltd is primarily driven by its robust global client base, consistent revenue growth, strong operational efficiency, strategic investments in digital transformation, client acquisition, and the overall health of the industry. Both companies' performances are also influenced by macroeconomic conditions, currency fluctuations, and industry-specific trends.

What are the recent stock price for Ashnoor Textile Mills Ltd and Varvee Global Ltd?

As of June 26, 2026, the Ashnoor Textile Mills Ltd stock price is INR ₹39.2. On the other hand, Varvee Global Ltd stock price is INR ₹65.62.

How do dividend payouts of Ashnoor Textile Mills Ltd and Varvee Global Ltd compare?

To compare the dividend payouts of Ashnoor Textile Mills Ltd and Varvee Global Ltd, examine their dividend payout ratio, which indicates how much the companies pay out relative to their share price and earnings. Moreover, consider the consistency and growth of their dividends to gauge their commitment towards returning value to the respective shareholders.
Disclaimer: This information provided above is for informational purposes only and does not constitute investment advice. We use third-party data and recommend conducting thorough research and consulting a certified financial advisor before making investment decisions. We do not endorse specific stocks. Make decisions based on your own research and professional guidance.
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