Varroc Engineering Limited

Varroc Engineering Limited

790.30
INR
-5.55
(-0.70%)
13.08EPS
49.60P/E
97.71BMarket Cap
Nov 18Next Earn
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
699.55
818.01
845.66
757.08
886.02
819.24
319.96
378.1
444.79
481.06
523.77
571.03
620.9
Basic EPS, GAAP
1.35
38.42
27.74
33.4
31.54
0.01
-46.75
-72.64
-53.66
34.43
4.01
14.73
12.9
Free Cash Flow per Basic Share
-23.33
-32.83
4.36
35.53
-71.76
1.97
-22.3
-14.26
5.76
23.84
29.31
4.46
- -
Dividend per Share
0.38
0.43
0.42
0.55
0.06
8.54
- -
0.38
- -
0.31
- -
1
- -
Book Value per Share
80.3
129.53
161.96
209.69
227.46
222.87
198.18
130.16
63.89
97.98
102.43
116.52
- -
Tangible Book Value per Share
69.13
115.61
148.92
187.17
155.82
135.52
127.52
119.34
55.16
90.53
96.18
106.84
- -
Basic Weighted Avg Shares
96
96
109
135
135
135
135
153
153
153
153
153
153
Sales/Revenue/Turnover
67,252
78,639
92,389
102,063
119,446
110,443
43,245
57,769
67,958
73,499
80,025
87,245
94,972
Operating Margin (%)
5.49
3.62
2.78
5.24
4.46
1.05
2.11
1.49
3.82
5.74
5.67
5.78
5.6
Depreciation Expense
2,540
2,922
3,371
3,865
5,656
7,319
8,951
9,739
3,367
3,368
3,233
3,317
3,349
Net Income, GAAP
130
3,694
3,030
4,503
4,252
2
-6,319
-11,099
-8,198
5,260
612
2,250
1,972
Effective Tax Rate (%)
73.47
5.61
7.28
12.61
17.33
93.65
37.81
- -
53.19
- -
58.83
32.69
35.84
Profit Margin (%)
0.19
4.7
3.28
4.41
3.56
- -
-14.61
-19.21
-12.06
7.16
0.77
2.58
2.08
Working Capital
-1,243
-2,014
-766
-1,126
-14,351
-18,562
-18,513
-1,659
-10,980
-4,636
-2,398
-3,099
- -
LT Debt
10,231
7,634
7,553
6,361
4,572
15,524
15,553
3,060
5,647
8,001
4,639
3,606
- -
Total Equity
11,039
17,832
22,055
28,488
30,906
30,295
30,561
20,140
10,042
15,262
15,979
18,182
- -
Return on Invested Capital (%)
- -
8.83
6.69
12.04
9.45
0.11
1.36
- -
3.96
- -
4.58
11.44
- -
Return on Capital (%)
- -
13.99
10.62
13.21
10.23
0.08
-8.29
- -
-22.92
- -
4.28
11.19
- -
Return on Common Equity (%)
- -
26.11
15.42
17.97
14.43
0.01
-20.95
-44.25
-55.3
42.54
4
13.45
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
5,641
- -
LT Borrowings
- -
2,085
- -
LT Finance Leases
- -
1,521
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
153
153
153
Market Capitalization
90,243
71,519
97,715

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
23,172
- -
Cash, Cash Equivalents & STI
- -
2,425
- -
Accounts Receivable, Net
- -
7,345
- -
Inventories
- -
9,331
- -
Total Current Liabilities
- -
26,272
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
5,641
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
4.65%
-2.75%
13.78%
Free Cash Flow
-76.51%
16.78%
-84.78%
Net Income, GAAP
-33,095.17%
12.9%
267.52%
Sales/Revenue/Turnover
5.39%
15.46%
9.02%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
18,989
20,808
20,753
20,992
80,025
2026
20,276
22,073
22,875
23,681
87,245
2027
26,342
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
2.12
3.64
-3.1
1.35
4.01
2026
6.88
3.99
-0.67
4.54
14.73
2027
5.06
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
1
2027
- -
- -
- -
- -
- -

Company Description

CEO
Tarang Naresh Jain
Full Time Employees
28,621
Sector
Producer manufacturing
Industry
Auto parts: OEM
Address
L-4, MIDC Aurangabad MH India 431136
IPO Date
Jul 6, 2018
Website
varroc.com
Business
Varroc Engineering Limited, founded in 1990 and headquartered in Aurangabad, India, manufactures and supplies a broad range of automotive components including exterior lighting systems, powertrains, electrical and electronics systems, body and chassis parts, polymers and plastics, metallic components, aftermarket products, and advanced safety solutions such as ADAS, driver monitoring systems, and video telematics; it also provides e-mobility offerings like traction motors, high voltage electronics including inverters, onboard chargers, battery management systems, and DC-DC converters, along with engine valves, forged machined components, catalytic converters, and telematics solutions. The company operates 35 manufacturing facilities and 11 engineering centers across 10 countries in Asia, Europe, and North America, serving passenger cars, commercial vehicles, two-wheelers, three-wheelers, off-highway vehicles, and electric vehicle OEMs worldwide. Varroc lists on the National Stock Exchange of India (VARROC.NS) and Bombay Stock Exchange. In recent developments, Varroc completed the merger of Varroc Polymers with Varroc Engineering effective April 1, 2024, divested its stake in the China joint venture in May 2025 for RMB 290 million net proceeds, and secured a major eight-year contract in November 2025 with an electric vehicle OEM for high voltage electronics in e-powertrain components with peak annual revenue potential of Rs 800 crore.