Company Overview
Varroc Engineering Limited provides aftermarket automotive components and solutions in India, the Asia Pacific, Europe, North America, and internationally. It operates through Automotive and Others segments. The company offers internal combustion engine parts; electrical vehicle products, such as telematics, BMS, charger, DC-DC converter, traction motor/hub motor, and traction motor controller; final drive, pump, and park lock gears; hollow stem, titanium, and sodium valves; headlamps; instrument panel, console, roof rails, door trims, and pillar trims; CMS and DMS, ADAS, telematics, surround view system, video telematics, and advanced infotainment system; and tail gate, surface LED, signature LED lighting 3D effect, and LED signal lamp personalization. It also provides engine valves, transmission components, ICE electronics, ACG and integrated starter generator, starter motors, BLDC motors, electronic fuel injection and injection driver, magneto and regular rectifier, actuator motors, starter clutch assembly, and crankpins and balancers. In addition, the company offers e-powertrain solutions, EV chargers, DC-DC converter, and battery management system; painted parts, exterior and interior molded parts, and functional polymer components; digital instrument clusters, smart telematics and monitoring systems, smart sensors, and ergonomic handlebar switches; lighting solutions; and Varroc Connect, a connected vehicle platform. It serves automotive 2W and 3W original equipment manufacturers (OEMs); EV and new mobility players; commercial vehicle manufacturers; passenger vehicles manufacturing; off-highway and heavy equipment OEMs; industrial and engineering companies; and aftermarket partners. Varroc Engineering Limited was incorporated in 1988 and is headquartered in Aurangabad, India.
Why Investors Should Care
Return on capital employed stands at 20.8%.
Net profit has compounded at 42.5% per year over the last five years.
Generates positive free cash flow, funding growth and shareholder returns internally.
Recent Developments
- Mar 2026 Revenue of ₹8,724.50 Cr (+9.0% YoY); net profit ₹225.03 Cr.
- Trailing 12 Months Year-on-year growth — revenue +9.0%, earnings +267.5%.
- 5-Year Trend Long-term compounding — revenue CAGR 8.7%, profit CAGR 42.5%.
Growth & Price Performance
Compounded Sales Growth
| 5 Years: | 8.68% |
| 1 Year: | 9.02% |
Compounded Profit Growth
| 5 Years: | 42.48% |
| 1 Year: | 267.52% |
Stock Price Performance
| 1 Year: | +59.34% |
| 6 Months: | +62.31% |
| 3 Months: | +42.75% |
| 1 Month: | +12.22% |
Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.
- Price vs 50-DMAAbove
- Price vs 200-DMAAbove
- RSI (14)58.04 · Neutral
P/E of 56.10 is above the sector median of 30.95 — pricier than peers.
Auto-generated from price history and fundamentals; not investment advice.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth Charts
No fundamental data available for this stock.
Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.
PROS
- Healthy ROCE of 20.8%.
- Profit CAGR of 42.5% over 5 years.
- Generates positive free cash flow.
- In a confirmed uptrend (50-DMA above 200-DMA).
CONS
- Trading at a high P/E of 56.1.
* The pros and cons are auto-generated from financial metrics.
Valuation
Growth (CAGR)
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Peer comparison
Peer companies in the same sector (Consumer Cyclical).
| # | Name | CMP ₹ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | VARROC Varroc Engineering Limited NSE | 826.35 | 56.10 | ₹12,625.50 Cr | 0.20% | 20.82% | 12.64% | 8.68% | 42.48% |
| 2 | TITAN Titan Company Limited NIFTY50NSE | 5,020.00 | 87.82 | ₹4.46 L Cr | 0.30% | 38.43% | 32.31% | 29.24% | 16.00% |
| 3 | MARUTI Maruti Suzuki India Limited NIFTY50NSEAI | 12,694.00 | 27.19 | ₹3.99 L Cr | 0.99% | 17.22% | 13.70% | 15.90% | 21.11% |
| 4 | M&M Mahindra & Mahindra Limited NIFTY50NSEAI | 3,170.00 | 20.83 | ₹3.94 L Cr | 0.97% | 17.14% | 18.37% | 17.50% | 18.48% |
| 5 | BAJAJ-AUTO Bajaj Auto Limited NIFTY50NSE | 11,919.00 | 31.01 | ₹3.33 L Cr | 1.29% | 26.12% | 27.67% | 19.49% | 21.03% |
| 6 | ETERNAL Eternal Limited NSEAITECH | 322.75 | 827.56 | ₹3.11 L Cr | 0.00% | 2.86% | 1.18% | 97.70% | 45.90% |
| 7 | EICHERMOT Eicher Motors Limited NIFTY50NSEAI | 7,630.50 | 38.01 | ₹2.09 L Cr | 1.03% | 26.43% | 21.97% | 17.47% | 23.70% |
| 8 | TVSMOTOR TVS Motor Company Limited NSE | 4,133.10 | 65.06 | ₹1.96 L Cr | 0.27% | 28.82% | 31.56% | 20.21% | 31.46% |
| 9 | HYUNDAI HYUNDAI MOTOR INDIA LTD NSE | 2,205.00 | 32.98 | ₹1.79 L Cr | 0.95% | 32.62% | 27.14% | 5.50% | 4.87% |
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios
Quarterly Results
Figures in INR.
| Metric | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1,699.00 Cr | 1,806.00 Cr | 1,887.00 Cr | 1,885.00 Cr | 1,975.00 Cr | 1,899.00 Cr | - | - | 2,099.20 Cr | 2,027.55 Cr | 2,207.34 Cr | 2,287.52 Cr | 2,368.08 Cr |
| Cost of Revenue | - | - | - | - | - | - | - | - | 1,346.34 Cr | 1,271.26 Cr | 1,421.03 Cr | 1,488.96 Cr | 1,520.39 Cr |
| Gross Profit | - | - | - | - | - | - | - | - | 752.87 Cr | 756.30 Cr | 786.31 Cr | 798.56 Cr | 847.70 Cr |
| Operating Expenses | 1,534.00 Cr | 1,623.00 Cr | 1,693.00 Cr | 1,709.00 Cr | 1,754.00 Cr | 1,725.00 Cr | - | - | 620.94 Cr | 645.50 Cr | 667.09 Cr | 668.75 Cr | 702.88 Cr |
| Operating Income | 73.00 Cr | 103.00 Cr | 109.00 Cr | 87.00 Cr | 139.00 Cr | 94.00 Cr | - | - | 131.93 Cr | 110.80 Cr | 119.22 Cr | 129.81 Cr | 144.82 Cr |
| EBITDA | 165.00 Cr | 183.00 Cr | 194.00 Cr | 176.00 Cr | 221.00 Cr | 174.00 Cr | - | - | 169.47 Cr | 261.37 Cr | 206.46 Cr | 110.26 Cr | 229.30 Cr |
| Interest Expense | 53.00 Cr | 49.00 Cr | 50.00 Cr | 50.00 Cr | 45.00 Cr | 44.00 Cr | - | - | 40.79 Cr | 36.32 Cr | 31.86 Cr | 31.16 Cr | 34.89 Cr |
| Pretax Income | 41.00 Cr | 44.00 Cr | 74.00 Cr | 71.00 Cr | 105.00 Cr | 56.00 Cr | - | - | 47.25 Cr | 143.95 Cr | 92.02 Cr | -3.28 Cr | 108.77 Cr |
| Tax Provision | 1.23 Cr | 10.12 Cr | 18.50 Cr | -314.53 Cr | 46.20 Cr | 21.84 Cr | - | - | 24.26 Cr | 36.53 Cr | 28.76 Cr | 8.02 Cr | 38.31 Cr |
| Net Income | 40.00 Cr | 34.00 Cr | 56.00 Cr | 384.00 Cr | 58.00 Cr | 34.00 Cr | - | - | 20.57 Cr | 105.06 Cr | 60.95 Cr | -10.30 Cr | 69.31 Cr |
| Diluted EPS | 2.59 | 2.11 | 3.55 | 25.05 | 3.72 | 2.12 | - | - | 1.35 | 6.88 | 3.99 | -0.67 | 4.54 |
Profit & Loss (Annual)
Figures in INR.
| Metric | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 6,770.00 Cr | 7,909.00 Cr | 9,299.00 Cr | 10,279.00 Cr | 12,036.00 Cr | 11,122.00 Cr | 4,374.00 Cr | - | 6,795.83 Cr | 7,349.90 Cr | 8,002.48 Cr | 8,724.50 Cr |
| Cost of Revenue | - | - | - | - | - | - | - | - | 4,614.98 Cr | 4,928.04 Cr | 5,405.13 Cr | 5,909.82 Cr |
| Gross Profit | - | - | - | - | - | - | - | - | 2,180.84 Cr | 2,421.86 Cr | 2,597.34 Cr | 2,814.68 Cr |
| Operating Expenses | 6,206.00 Cr | 7,341.00 Cr | 8,716.00 Cr | 9,398.00 Cr | 10,978.00 Cr | 10,306.00 Cr | 4,036.00 Cr | - | 1,920.99 Cr | 1,999.68 Cr | 2,143.95 Cr | 2,310.03 Cr |
| Operating Income | 310.00 Cr | 276.00 Cr | 245.00 Cr | 495.00 Cr | 493.00 Cr | 84.00 Cr | 64.00 Cr | - | 259.85 Cr | 422.18 Cr | 453.39 Cr | 504.65 Cr |
| EBITDA | 564.00 Cr | 568.00 Cr | 582.00 Cr | 881.00 Cr | 1,059.00 Cr | 816.00 Cr | 338.00 Cr | - | 597.74 Cr | 836.20 Cr | 657.45 Cr | 799.64 Cr |
| Interest Expense | 475.00 Cr | -43.00 Cr | 90.00 Cr | 86.00 Cr | 97.00 Cr | 139.00 Cr | 89.00 Cr | - | 178.14 Cr | 184.52 Cr | 164.87 Cr | 126.47 Cr |
| Pretax Income | 63.00 Cr | 392.00 Cr | 327.00 Cr | 516.00 Cr | 519.00 Cr | 39.00 Cr | -581.00 Cr | - | 82.86 Cr | 314.86 Cr | 169.26 Cr | 341.46 Cr |
| Tax Provision | 45.99 Cr | 23.52 Cr | 13.08 Cr | 67.08 Cr | 88.23 Cr | 36.66 Cr | -46.48 Cr | - | 44.07 Cr | -238.13 Cr | 99.58 Cr | 111.62 Cr |
| Net Income | 17.00 Cr | 370.00 Cr | 313.00 Cr | 451.00 Cr | 429.00 Cr | 3.00 Cr | -629.00 Cr | - | -819.84 Cr | 526.02 Cr | 61.23 Cr | 225.03 Cr |
| Diluted EPS | 16.06 | 353.36 | 254.29 | 36.57 | 31.54 | 0.01 | -41.36 | - | -53.66 | 34.43 | 4.01 | 14.73 |
Balance Sheet (Annual)
Figures in INR.
| Metric | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | 4,428.00 Cr | 5,233.00 Cr | 5,847.00 Cr | 6,802.00 Cr | 8,641.00 Cr | 10,904.00 Cr | 11,092.00 Cr | - | 4,620.90 Cr | 4,560.47 Cr | 4,671.91 Cr | 4,874.69 Cr |
| Current Assets | - | - | - | - | - | - | - | - | 1,776.27 Cr | 1,695.09 Cr | 2,322.62 Cr | 2,317.24 Cr |
| Cash & Equivalents | - | - | - | - | - | - | - | - | 302.31 Cr | 110.44 Cr | 111.48 Cr | 124.98 Cr |
| Inventory | - | - | - | - | - | - | - | - | 671.00 Cr | 674.44 Cr | 732.76 Cr | 933.11 Cr |
| Receivables | - | - | - | - | - | - | - | - | 597.10 Cr | 491.84 Cr | 679.76 Cr | 734.54 Cr |
| Total Liabilities | - | - | - | - | - | - | - | - | 3,616.75 Cr | 3,034.29 Cr | 3,073.98 Cr | 3,056.51 Cr |
| Current Liabilities | - | - | - | - | - | - | - | - | 2,874.32 Cr | 2,158.74 Cr | 2,562.38 Cr | 2,627.19 Cr |
| Long Term Debt | - | - | - | - | - | - | - | - | 416.14 Cr | 651.72 Cr | 319.53 Cr | 208.46 Cr |
| Total Debt | 1,651.00 Cr | 1,617.00 Cr | 1,510.00 Cr | 1,194.00 Cr | 2,432.00 Cr | 4,255.00 Cr | 3,695.00 Cr | - | 1,806.11 Cr | 1,389.72 Cr | 1,118.44 Cr | 924.64 Cr |
| Total Equity | 1,083.00 Cr | 1,747.00 Cr | 2,183.00 Cr | 2,827.00 Cr | 3,066.00 Cr | 3,004.00 Cr | 3,028.00 Cr | - | 976.20 Cr | 1,497.04 Cr | 1,565.06 Cr | 1,780.34 Cr |
| Shares Outstanding | - | - | - | - | - | - | - | - | 15.28 Cr | 15.28 Cr | 15.28 Cr | 15.28 Cr |
Cash Flows (Annual)
Figures in INR.
| Metric | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | 128.00 Cr | 290.00 Cr | 676.00 Cr | 1,075.00 Cr | 474.00 Cr | 1,414.00 Cr | 474.00 Cr | - | 686.17 Cr | 638.47 Cr | 736.72 Cr | 536.80 Cr |
| Investing Cash Flow | -286.00 Cr | -575.00 Cr | -577.00 Cr | -545.00 Cr | -1,769.00 Cr | -1,259.00 Cr | -613.00 Cr | - | -285.62 Cr | -166.50 Cr | -246.32 Cr | -122.98 Cr |
| Financing Cash Flow | 70.00 Cr | 386.00 Cr | 94.00 Cr | -523.00 Cr | 1,129.00 Cr | 733.00 Cr | -152.00 Cr | - | -216.03 Cr | -664.10 Cr | -490.45 Cr | -405.49 Cr |
| Capital Expenditure | -350.00 Cr | -599.00 Cr | -624.00 Cr | -578.00 Cr | -1,425.00 Cr | -1,387.00 Cr | -728.00 Cr | - | -598.16 Cr | -274.25 Cr | -288.89 Cr | -468.65 Cr |
| Free Cash Flow | -222.00 Cr | -309.00 Cr | 52.00 Cr | 497.00 Cr | -951.00 Cr | 27.00 Cr | -254.00 Cr | - | 88.01 Cr | 364.22 Cr | 447.83 Cr | 68.15 Cr |
| Net Change in Cash | -87.00 Cr | 101.00 Cr | 193.00 Cr | 6.00 Cr | -166.00 Cr | 888.00 Cr | -292.00 Cr | - | 184.53 Cr | -192.13 Cr | -5.40 L | 8.34 Cr |
Ratios (Annual)
Figures in %.
| Metric | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin % | - | - | - | - | - | - | - | - | 32.1% | 33.0% | 32.5% | 32.3% |
| Operating Margin % | 4.6% | 3.5% | 2.6% | 4.8% | 4.1% | 0.8% | 1.5% | - | 3.8% | 5.7% | 5.7% | 5.8% |
| Net Margin % | 0.3% | 4.7% | 3.4% | 4.4% | 3.6% | 0.0% | -14.4% | - | -12.1% | 7.2% | 0.8% | 2.6% |
| ROE % | 1.6% | 21.2% | 14.3% | 16.0% | 14.0% | 0.1% | -20.8% | - | -84.0% | 35.1% | 3.9% | 12.6% |
| ROCE % | - | - | - | - | - | - | - | - | 14.9% | 17.6% | 21.5% | 22.5% |
Shareholding Pattern
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
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VARROC — Frequently Asked Questions
What is the current share price of Varroc Engineering Limited (VARROC)?
As of 2026-09-08 04:53 IST, Varroc Engineering Limited (VARROC) trades at ₹826.35 on NSE. Its 52-week range is ₹466.45 to ₹877.00.
What is the market capitalisation of VARROC?
Varroc Engineering Limited (VARROC) has a market capitalisation of ₹12,625.50 Cr on NSE.
What is the P/E ratio of VARROC?
VARROC trades at a trailing price-to-earnings (P/E) ratio of 56.10. The industry average P/E is 30.95. Its price-to-book (P/B) ratio is 6.96.
Does VARROC pay a dividend?
Varroc Engineering Limited (VARROC) currently offers a dividend yield of 0.20%.
What is the return on equity (ROE) of VARROC?
VARROC has a return on equity (ROE) of 12.64%. Its return on capital employed (ROCE) is 20.82%.
Is VARROC a good stock to buy?
This page provides a data-driven analysis of Varroc Engineering Limited (VARROC), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.