Varroc Engineering Ltd

Varroc Engineer Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Varroc Engineering Ltd

₹ 642 1.79%
17 Sep - close price
varrocgroup.com BSE: 541578 NSE: VARROC
About

Varroc Engineering Ltd was incorporated in 1988, is the flagship company of the Aurangabad-based Varroc Group. Varroc is a global tier-1 automotive component group. It is engaged in the business of manufacturing and supplying automobile components to a wide range of OEMs across the globe[1]

Key Points

History[1]
The Group was initially established as a captive unit for Bajaj Auto Limited's (BAL’s)auto components and gradually diversified by adding new customers and products to its portfolio.

Website BSE NSE
  • Market Cap ₹ 9,816 Cr.
  • Current Price ₹ 642
  • High / Low ₹ 649 / 365
  • Stock P/E 29.4
  • Book Value ₹ 117
  • Dividend Yield 0.16 %
  • ROCE 19.7 %
  • ROE 17.7 %
  • Face Value ₹ 1.00
Edit ratios

Pros

  • Company has reduced debt.
  • Company is expected to give good quarter
  • Company has delivered good profit growth of 22.6% CAGR over last 5 years

Cons

  • Stock is trading at 5.49 times its book value

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Consumer Discretionary Automobile and Auto Components Auto Components Auto Components & Equipments

Part of BSE 500 BSE SmallCap BSE Allcap BSE Consumer Discretionary BSE 250 SmallCap Index

Edit Columns
Loading peers table ...

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

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
919 1,094 979 942 1,054 1,111 1,716 1,200 1,695 1,885 1,876 1,913 1,843
865 1,018 897 871 979 1,027 1,539 1,008 1,531 1,677 1,702 1,692 1,633
Operating Profit 54 76 82 71 75 84 177 192 163 208 174 221 210
OPM % 6% 7% 8% 8% 7% 8% 10% 16% 10% 11% 9% 12% 11%
15 -1,312 2 -1 -2 16 5 4 4 4 -8 7 4
Interest 34 41 47 48 44 47 47 44 42 41 40 39 33
Depreciation 45 44 49 57 47 50 70 51 62 63 63 63 62
Profit before tax -9 -1,321 -12 -35 -19 3 65 100 63 108 63 126 118
Tax % -37% 2% -102% -20% -28% 33% -488% 36% 28% 26% 28% 16% 27%
-6 -1,353 0 -28 -14 2 382 64 45 80 46 106 87
EPS in Rs -0.38 -88.58 0.01 -1.82 -0.88 0.14 24.98 4.21 2.95 5.21 2.98 6.92 5.67
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
1,380 1,478 1,559 1,676 2,047 2,573 2,498 2,562 3,292 3,940 6,676 7,369 7,517
1,249 1,323 1,425 1,515 1,829 2,304 2,254 2,326 3,050 3,652 6,137 6,621 6,703
Operating Profit 132 155 134 161 218 269 245 236 241 288 539 747 814
OPM % 10% 11% 9% 10% 11% 10% 10% 9% 7% 7% 8% 10% 11%
4 19 16 32 29 51 72 111 65 -1,302 183 26 7
Interest 47 425 -79 47 40 39 45 56 91 170 184 162 153
Depreciation 62 80 82 96 102 108 144 154 170 194 266 252 252
Profit before tax 26 -330 147 50 105 174 128 137 45 -1,378 271 360 415
Tax % -2% 3% 3% 16% 34% 31% 19% 33% 42% 1% -93% 23%
27 -339 143 42 70 120 104 92 26 -1,387 525 276 317
EPS in Rs 25.82 -323.87 136.33 34.11 5.67 8.87 7.70 6.03 1.70 -90.77 34.36 18.05 20.78
Dividend Payout % 3% -1% 3% 10% 9% 51% 39% -0% -0% -0% -0% 6%
Compounded Sales Growth
10 Years: 17%
5 Years: 24%
3 Years: 31%
TTM: 31%
Compounded Profit Growth
10 Years: 11%
5 Years: 23%
3 Years: 124%
TTM: -32%
Stock Price CAGR
10 Years: %
5 Years: 15%
3 Years: 19%
1 Year: 14%
Return on Equity
10 Years: 11%
5 Years: 11%
3 Years: 19%
Last Year: 18%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity Capital 10 10 10 12 12 13 13 15 15 15 15 15
Reserves 827 284 673 933 998 1,115 1,124 1,902 1,926 539 1,496 1,772
475 1,070 734 485 478 394 531 526 1,181 1,746 1,254 965
342 298 330 329 472 515 796 884 1,085 947 1,404 1,660
Total Liabilities 1,654 1,663 1,747 1,759 1,960 2,038 2,464 3,327 4,208 3,248 4,169 4,413
547 727 752 794 801 882 1,035 1,009 1,128 1,169 1,651 1,657
CWIP 210 32 45 25 22 54 108 157 62 43 46 74
Investments 504 469 477 465 465 465 441 1,023 1,023 944 914 852
393 436 474 475 672 638 880 1,138 1,995 1,092 1,559 1,831
Total Assets 1,654 1,663 1,747 1,759 1,960 2,038 2,464 3,327 4,208 3,248 4,169 4,413

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
39 46 151 157 342 355 160 428 229 690 707
-21 -85 -81 -97 -217 -173 -663 -1,208 -427 -245 -231
-21 33 -77 -47 -125 -56 624 576 306 -615 -485
Net Cash Flow -2 -6 -6 13 0 126 121 -205 108 -170 -9

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 40 45 54 55 69 43 37 52 44 28 19 26
Inventory Days 49 55 60 59 55 49 62 68 60 57 43 44
Days Payable 96 80 88 86 96 81 116 123 126 87 92 94
Cash Conversion Cycle -8 20 25 28 28 12 -17 -3 -22 -2 -30 -25
Working Capital Days 10 30 -43 -10 -12 -18 -39 -14 -7 -140 -38 -32
ROCE % 7% 7% 5% 7% 10% 14% 11% 8% 5% 5% 18% 20%

Shareholding Pattern

Numbers in percentages

Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025
75.00% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00%
3.51% 4.67% 5.04% 5.07% 5.00% 4.57% 4.22% 4.24% 3.80% 3.89% 3.92% 3.99%
14.31% 12.23% 12.02% 12.21% 12.43% 11.44% 12.15% 12.74% 12.65% 12.49% 12.79% 13.03%
7.18% 8.11% 7.94% 7.73% 7.58% 8.99% 8.64% 8.04% 8.54% 8.62% 8.30% 7.99%
No. of Shareholders 78,87785,62387,12684,43381,78988,08086,73889,54999,50098,41795,59491,287

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Announcements

Annual reports

DRHP

Credit ratings

Concalls