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Varroc Engineering Limited

Varroc Engineering Limited

NSE: VARROC
Auto PartsConsumer CyclicalMID CAPMCap ₹12.49k Cr
₹817.45₹-2.95 (-0.36%)

Market Closed • NSE

Market cap₹12.49k Cr
Enterprise value₹13.25k Cr
P/E TTM63.27
Forward P/E22.24
P/B7.02
EPS TTM₹12.92
Forward EPS₹36.76
D/E0.51
Dividend yield0.00%
52W high₹912.20
52W low₹462.00
Price chart(1Y)
1Y Return:+43.32% (+₹247.10)
H: ₹912.2L: ₹565
1W-0.38%
1M-3.39%
3M+24.20%
6M+53.14%
1Y+32.66%
Today at a glance

Day range

₹812.70₹828.00

52 week range

₹462.00₹912.20
Volume82.5K0.37x 20D avg
Free float50.00%-62.90% volume

Varroc Engineering Limited closed at INR817.45 (-0.36%) on volume 0.37x its 20-day average, trading 10.39% below its 52-week high.

Technical analysis
RSI (14)47.3Neutral (30–70)
MACDBEARISHBearish (Below signal)
ATR (14)₹28.67High
SMA 20₹831.97BEARISH
SMA 50₹835.66BEARISH
SMA 100₹734.29BULLISH
SMA 200₹638.65BULLISH
CPR bottom₹818.60
Pivot₹819.20
CPR top₹819.80
What changed recently?

2026-Q1

Q1 FY2026 Financial Results

PAT moved +773.2% QoQ

2026-08-07

DIVIDEND Announced

Dividend - Rs 1.50 Per Share

2025-08-08

DIVIDEND Announced

Dividend - Re 1 Per Share

Shariah audit
Methodology: AAOIFI Shariah Standard No. 21
PASS4/4 criteria
Shariah Compliant
CriteriaNumeratorDenominatorValueThresholdStatus
Interest-bearing debt ratio₹924.6 Cr₹12.49k Cr7.40%≤ 33%PASS
Non-halal income ratio–₹8.89k Cr0.00%≤ 5%PASS
Illiquid assets ratio₹4.75k Cr₹4.87k Cr97.44%≥ 20%PASS
Receivables ratio–₹4.87k Cr—≤ 49%PASS
Valuation & sector context
MetricCompanySector
P/E63.2726.80
Forward P/E22.24—
P/B7.022.70
EV/EBITDA—18.00
PEG—1.00
Earnings yield1.603.70
Growth & profitability
RevenuePAT
FY23PAT margin -12.00%
FY24PAT margin 7.10%
FY25PAT margin 0.80%
FY26PAT margin 2.50%

Revenue and PAT bars use independent scales to make their year-on-year direction readable.

Revenue CAGR 3Y+9.30%
Revenue CAGR 5Y—
PAT CAGR 3Y—
PAT CAGR 5Y—
Operating margin5.25%
Net margin2.08%
Financial health & cash flow
Net debt₹799.7 CrModerate
Interest coverage3.80xEBIT / interest
CFO / PAT2.35x3Y average
Net debt / EBITDA—Leverage
Operating cash flow₹536.8 Cr
Capital expenditure–
Free cash flow₹68.1 Cr
Financial statements

Complete reported financial history · Values use the company's reporting currency

Hover over the chart for exact reported values. Percentage lines use the right-hand axis.

Fundamental scorecard
Overall55/100
Valuation35/100
Profitability50/100
Financial health80/100

A 0–100 quantitative summary of reported fundamentals. Use the underlying financials and risks for context; the score is not a buy or sell recommendation.

Strengths, risks & investment thesis

Strengths

High Cash Flow Conversion: CFO/PAT averaged 2.35x over last 3 years

Risks

Stretched Valuation: Trading at a high P/E multiple of 63.3x

Bull case

Market Leadership: Established operational scale in Auto Parts.

Bear case

Macro Headwinds: Fluctuations in interest rates and sector-specific policy shifts could compress multiples.

Flip condition

Sustained quarterly EBITDA margin expansion above 20% would trigger an upgrade.

Corporate Action

Complete dividend, bonus, split, rights and other action history

Record dateCorporate actionInformationAnnouncement dateEx-date
07 Aug 2026Dividend₹1.50 / share—07 Aug 2026
08 Aug 2025Dividend₹1.00 / share—08 Aug 2025
26 Feb 2020Dividend₹3.00 / share—25 Feb 2020
09 Aug 2019Dividend₹4.00 / share—08 Aug 2019
29 Aug 2018Annual General Meeting (Date Revised)Annual General Meeting (Date Revised)—28 Aug 2018
Delivery participation

Traded volume and delivery percentage across the latest 20 sessions

Average delivery (20D)41.54%+0.65% latest vs average
Highest delivery49.42%on 30 Sept
Average volume (20D)222.4KTrading-session average
Conviction trendStrengthening+0.65% latest reading
Traded volumeDelivery %
Peer comparison

Compare valuation, latest quarterly performance and year-on-year growth

8 companies
Company nameMarket cap ₹ CrP/E ratioDividend yield %Quarterly sales ₹ CrProfit after tax ₹ CrSales growth %Profit growth %
Titan Company Limited
Titan Company LimitedTITAN
Open analysis
₹3.94L68.510.34%₹21,356.00₹1,777.00+29.25%+62.88%
Maruti Suzuki India Limited
Maruti Suzuki India LimitedMARUTI
Open analysis
₹3.61L25.201.22%₹52,470.00₹3,447.00+35.92%-9.10%
Mahindra & Mahindra Limited
Mahindra & Mahindra LimitedM&M
Open analysis
₹3.51L17.781.15%₹41,959.00₹3,685.00+22.89%+6.81%
Eternal Limited
Eternal LimitedETERNAL
Open analysis
₹3.00L692.130.00%₹3,349.00₹585.00+38.79%-2.82%
Bajaj Auto Limited
Bajaj Auto LimitedBAJAJ-AUTO
Open analysis
₹2.86L24.741.44%₹17,243.72₹2,982.84+36.35%+34.94%
Eicher Motors Limited
Eicher Motors LimitedEICHERMOT
Open analysis
₹2.00L34.661.13%₹6,632.00₹1,463.00+31.54%+21.41%
TVS Motor Company Limited
TVS Motor Company LimitedTVSMOTOR
Open analysis
₹1.95L56.760.30%₹16,296.00₹1,058.00+33.46%+64.54%
Samvardhana Motherson International Limited
Samvardhana Motherson International LimitedMOTHERSON
Open analysis
₹1.70L38.550.31%₹35,244.00₹1,076.00+16.66%+77.56%
About Varroc Engineering Limited
Varroc Engineering Limited

Varroc Engineering Limited provides aftermarket automotive components and solutions worldwide. It offers e-mobility solutions, such as traction motors, controllers, and DC-DC converters; ice powertrain solutions, including valves, transmission components, crankpins and balancers, and wiper motors; light engines, light control units, and exterior and interior lighting products; and human-machine interface solutions, which include digital instrument clusters, sensors, and ergonomic handlebar switches. The company also provides polymer components, metallic forging and casting products, engine parts, and consumables and accessories; and intelligent cockpits and ADAS solutions, such as driver and cabin monitoring systems, surround view systems, and infotainment systems. In addition, it operates connected vehicle platform that integrates cloud providers, as well as supports device-agnostic connectivity. The company serves passenger cars, commercial vehicles, two and three wheelers, and off-highway vehicles original equipment manufacturers. Varroc Engineering Limited was incorporated in 1988 and is based in Aurangabad, India.

IndiaConsumer Cyclical

Questions investors ask
Is Varroc Engineering Limited Shariah compliant?

Varroc Engineering Limited is currently screened as Shariah Compliant under AAOIFI Shariah Standard No. 21. Business activities align with Shariah permissible sectors. Debt to Market Cap (7.4%) complies with AAOIFI threshold (≤ 33%).

What is Varroc Engineering Limited's current valuation relative to peers?

Varroc Engineering Limited trades at a P/E of 63.3x compared to the sector median of 26.8x, and a Price-to-Book of 7.0x.

Is the company financially healthy?

The company has a Debt-to-Equity ratio of 0.51x. Interest coverage is 3.8x.

What are the historical revenue and profit growth rates?

Over the past 5 years, revenue compounded at steady rates while net profit growth averaged consistent levels.

Market data is informational and may be delayed. Shariah screening follows the displayed methodology. This is not investment advice.

Market data may be delayed. Quote date: 2026-10-16. Financial figures relate to their stated reporting periods. This information is for research and is not a recommendation to buy or sell.