VARROC

Varroc Engineering Ltd.

NSE: VARROC

BSE: 541578

Sector: Automobile and Auto Components

Industry Group: Auto Components

Industry: Auto Components & Equipments

636.75-14.4 (-2.21%)

8 Jul, 12:00 AM

Overview

Analysis Statements Technicals Forecast Peers Resources News

Stock Scores

Quality Score

68.6 / 100

Value Score

35.3 / 100

Price Momentum Score

80.5 / 100

QVM Score

71.1 / 100

Key Metrics

Market Cap

9728.65

P/E (TTM)

43.23

P/B

5.46

P/S (TTM)

1.09

EV/EBITDA

12.42

CAPE (5Y)

61.74

ROE (TTM)

13.45

ROCE (TTM)

18.49

ROA (TTM)

4.71

Avg 3Y ROE

20.00

Earnings 3Y CAGR

84.08

Sales 3Y CAGR

9.01

Sales 5Y CAGR

-4.69

Debt/Equity

0.52

Consensus TP

675.00

Strong Buy %

60.00

Promoter Holding

75.00

Pledged %

0.00

Stock Analysis

Fundamental analysis overview of Varroc Engineering Ltd. covering key investment insights, growth drivers, risk factors, and potential red flags.

Views

Red Flags

Positive

Strong price momentum

Price Momentum score of 80.5 indicates that the stock has strong price momentum. Research has shown that stocks with higher momentum continue to outperform in the near term

What is Price Momentum score?

80.5 / 100

Moderate ROE but improving trend

The company reported moderate ROE of 13.45% for 12-month ended 31 Mar 2026 but ROE improved by 944 bps from 1 year ago

What is ROE (FY)?

Strong EPS growth and above median growth of industry

The company delivered strong EPS growth of 267.55% for 12-month ended 31 Mar 2026 and the growth was 252.57 percentage points higher than median growth of industry

What is EPS growth (1Y)?

Low Debt to Equity, not much change from last year

The company has low Debt to Equity of 0.52 as on 31 Mar 2026 and Debt to Equity decreased marginally by 0.19 in the last 1 year

What is Debt to Equity?

Company's earnings are of high quality

Earnings quality score of 84.8 indicates that the company's earnings are of high quality. Earnings quality is measured using combination of earnings persistence, probability of manipulation and earnings to cash conversion

What is Earnings quality score?

84.8 / 100

Negative

Expensive and at a premium to industry median P/E

PE TTM of 43.23 indicates that the stock is expensive on a standalone basis and is at a 62.4% premium to industry median P/E

What is P/E Ratio?

Median: 26.62

Value 43.23

0.252074.19

Analysts have been downgrading forward EPS estimates

Analyst EPS estimate (consensus) for forward EPS has decreased by -9.38% in the last 3 months, indicating weak earnings momentum

What is Earnings upgrade (3M)?

Low but stable operating margin

The company reported low operating margin of 5.68% for 12-month ended 31 Mar 2026 and operating margin improved marginally by 11 bps from 1 year ago

What is Operating profit margin?

Low revenue growth and lower than median growth of industry

The company delivered moderate revenue growth of 9.03% for 12-month ended 31 Mar 2026 and the growth was 5.92 percentage points lower than median growth of industry

What is Sales growth (1Y)?

Median: 14.95

Value 9.03

-80.871632.33

Low dividend yield

The company has a low dividend yield of 0.16%

What is Dividend yield?

Neutral

Not enough talking points with neutral stance

Financial Snapshot

See detailed analysis

Multi-year trends for Varroc Engineering Ltd. covering revenue, net profit, ROE, and EBITDA for a quick view of financial health over time.

Net Revenue FY

Profit After Tax FY

ROE FY

EBITDA FY

Varroc Engineering Ltd. Shareholding Pattern

Quarterly breakdown of Varroc Engineering Ltd. ownership including promoter, FII, DII, mutual fund, and public holdings as disclosed to NSE/BSE.

	Mar 2020	Jun 2020	Sep 2020	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	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	Jun 2026
Total Promoter	85.00	85.00	85.00	85.00	75.00	75.00	75.00	75.00	75.00	75.00	75.00	75.00	75.00	75.00	75.00	75.00	75.00	75.00	75.00	75.00	75.00	75.00	75.00	75.00	75.00	75.00
Indian Promoter	85.00	85.00	85.00	85.00	75.00	75.00	75.00	75.00	75.00	75.00	75.00	75.00	75.00	75.00	75.00	75.00	75.00	75.00	75.00	75.00	75.00	75.00	75.00	75.00	75.00	75.00
Foreign Promoter	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Institutions	12.07	8.18	8.31	8.38	19.86	19.22	17.82	17.66	18.84	18.35	17.82	16.90	17.06	17.28	17.42	16.01	16.37	16.96	16.45	16.39	16.72	17.01	17.03	16.76	15.80	15.47
Mutual Funds / UTI	7.57	5.63	5.68	5.49	13.55	13.26	12.74	13.06	11.86	9.94	9.88	9.53	9.69	9.80	10.25	9.44	9.66	10.17	10.25	10.52	11.00	11.37	11.52	11.22	9.98	9.79
FI/Bank/Insurance	0.47	0.92	0.71	0.54	1.04	1.01	1.01	1.11	3.00	4.62	3.82	1.97	1.58	1.64	1.48	1.23	1.94	2.06	2.01	1.67	1.40	1.22	0.80	0.80	0.90	0.80
Govt	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
FII	2.66	0.27	0.66	2.31	5.23	4.91	4.00	3.48	3.92	3.28	3.51	4.67	5.04	5.07	5.00	4.57	4.22	4.24	3.80	3.89	3.92	3.99	4.29	4.36	4.45	4.29
Other Institutions	1.37	1.37	1.26	0.04	0.03	0.03	0.07	0.02	0.06	0.50	0.61	0.73	0.75	0.77	0.70	0.77	0.55	0.51	0.39	0.30	0.39	0.44	0.43	0.38	0.47	0.59
Non-Institution	2.93	6.82	6.69	6.62	5.14	5.78	7.18	7.34	6.16	6.65	7.18	8.11	7.94	7.72	7.57	8.99	8.63	8.03	8.55	8.61	8.28	7.99	7.97	8.24	9.20	9.53
Bodies Corporate	0.64	1.07	1.26	1.24	0.96	0.58	0.61	0.78	0.62	0.68	1.26	1.10	1.06	1.01	0.86	0.99	0.90	0.69	0.83	0.85	0.68	0.78	0.72	0.76	0.82	1.02
Others (incl. Retail) No. of shareholders	2.29 48,095	5.75 58,451	5.43 59,409	5.38 55,632	4.18 53,013	5.20 66,560	6.57 70,555	6.56 67,802	5.54 67,819	5.97 80,509	5.92 78,476	7.01 85,225	6.88 86,744	6.71 84,040	6.71 81,387	8.00 87,638	7.73 86,299	7.34 89,093	7.72 99,080	7.76 97,948	7.60 95,160	7.21 90,866	7.25 88,377	7.48 84,785	8.38 84,138	8.51 82,712

Holdings and Presence

Indices and prominent investors with a stake in this stock.

Index Presence

#	Index	Weight	Rank
1	Nifty Microcap 250	0.27%	157 / 250
2	Nifty Total Market	0.01%	643 / 749

Bulk, Block and Insider Trades

Recent bulk deals, block deals, and insider trading activity in Varroc Engineering Ltd. shares as reported to NSE and BSE.

Name	Date	Type	Price	Qty.	Value
GRAVITON RESEARCH CAPITAL LLP	10 Dec 2024	buy	₹ 592.28	13.57 lac	₹ 80.35 cr
GRAVITON RESEARCH CAPITAL LLP	10 Dec 2024	sell	₹ 592.50	13.57 lac	₹ 80.38 cr
GRAVITON RESEARCH CAPITAL LLP	22 Aug 2024	buy	₹ 599.25	8.14 lac	₹ 48.76 cr
GRAVITON RESEARCH CAPITAL LLP	22 Aug 2024	sell	₹ 599.58	8.14 lac	₹ 48.79 cr
GRAVITON RESEARCH CAPITAL LLP	11 Jun 2024	buy	₹ 674.48	9.19 lac	₹ 61.98 cr
GRAVITON RESEARCH CAPITAL LLP	11 Jun 2024	sell	₹ 675.10	9.19 lac	₹ 62.04 cr
GRAVITON RESEARCH CAPITAL LLP	17 Nov 2023	buy	₹ 528.48	8.38 lac	₹ 44.30 cr
GRAVITON RESEARCH CAPITAL LLP	17 Nov 2023	sell	₹ 528.66	8.38 lac	₹ 44.32 cr

Corporate Actions

History of Varroc Engineering Ltd. dividends, bonus issues, stock splits, rights issues, and other corporate events.

Dividend₹ 1.50/share
Record date: 7th Aug 2026Ex-date: 7th Aug 2026
Announced on: 27th May 2026
Dividend₹ 1/share
Record date: 8th Aug 2025Ex-date: 8th Aug 2025
Announced on: 29th May 2025
Dividend₹ 3/share
Record date: 26th Feb 2020Ex-date: 25th Feb 2020
Announced on: 13th Feb 2020
Dividend₹ 4/share
Record date: 9th Aug 2019Ex-date: 8th Aug 2019
Announced on: 24th May 2019

Company Profile

Overview of Varroc Engineering Ltd. covering business description, industry classification, key management, financial ratios, and listed exchange details.

Varroc Engineering Limited is an India-based automotive technology solution company. The Company designs, develops, and manufactures electrical, electronics, lighting, polymer, metallic, and safety solutions for original equipment manufacturers (OEMs) in the two-wheeler, three-wheeler, passenger car...

Key personnel

Mr. K. Mahendra Kumar

Global Chief Financial Officer

Anil Ghatiya

Chief Compliance Officer, Company Secretary

Mr. Tarang JainD

Chairman of the Board, Managing Director

Mr. Avinash Ramdas ChintawarD

Chief Operating Officer, Additional Whole-Time Director

Mr. Arjun JainD

Whole-Time Director, Chief Executive Officer - Business Division I

Mr. Dhruv JainD

Whole Time Director, Chief Executive Officer - Business Division-II

Mr. Akshaykumar Narendrasinhji ChudasamaD

Additional Non-Executive Independent Director

Mr. Vinish KathuriaD

Non-Executive Independent Director

View all

Incorporated on

11 May 1988

Last Annual

31 Mar 2026

Last Interim

31 Mar 2026

No. of Employees

IPO date

06 Jul 2018

Free Float

3,81,96,600

Website

https://varroc.com/

Phone no.

+912406653600

Address

L-4 MIDC, WALUJ, , 431136, India

Frequently Asked Questions

What is the current share price of Varroc Engineering Ltd.?

The current share price of Varroc Engineering Ltd. is ₹ 636.75 as of 8 Jul 2026.

What is the market capitalisation of Varroc Engineering Ltd.?

The market capitalisation of Varroc Engineering Ltd. stands at ₹ 9,728.65 Cr.

What is the PE ratio of Varroc Engineering Ltd.?

The Price-to-Earnings (PE) ratio of Varroc Engineering Ltd. is 43.23 as of the latest trailing twelve months data.

What is the ROE and ROCE of Varroc Engineering Ltd.?

Varroc Engineering Ltd. has a Return on Equity (ROE) of 13.45% and a Return on Capital Employed (ROCE) of 18.49% as per the latest financial reports.

What is the 52-week high and low of Varroc Engineering Ltd.?

The 52-week high of Varroc Engineering Ltd. is - and the 52-week low is -.

What is the dividend yield of Varroc Engineering Ltd.?

The dividend yield of Varroc Engineering Ltd. is 0.16% based on the current market price.

What is the FII and DII holding in Varroc Engineering Ltd.?

Foreign Institutional Investors (FII) hold 4.29%, Domestic Institutional Investors (DII) hold 10.59% and retail/public investors hold 8.51% of Varroc Engineering Ltd. shares.

What sector does Varroc Engineering Ltd. belong to?

Varroc Engineering Ltd. operates in the Automobile and Auto Components sector. 60% of analysts have a Buy or Strong Buy rating on Varroc Engineering Ltd. with a consensus target price of ₹ 675.00, implying 6.01% upside from current levels.

What is the beta of Varroc Engineering Ltd.?

The beta of Varroc Engineering Ltd. is 1.36, indicating its price volatility relative to the broader market. Over the past 1 year, Varroc Engineering Ltd. has delivered an absolute return of 12.17%.

What is the RSI of Varroc Engineering Ltd.?

The 14-day Relative Strength Index (RSI) of Varroc Engineering Ltd. is 57.84, placing it in the neutral zone. An RSI above 70 is considered overbought and below 30 is considered oversold.

Varroc Engineering Ltd.

Stock Scores

Key Metrics

Share Price

Stock Analysis

Financial Snapshot

Varroc Engineering Ltd. Shareholding Pattern

Holdings and Presence

Bulk, Block and Insider Trades

Corporate Actions

Company Profile

Frequently Asked Questions

Holdings and Presence

Company Profile

Corporate Actions

Stock Analysis