Varroc Engineering Ltd Share Price

Q: What is the share price of Varroc Engineering Ltd today?

Varroc Engineering Ltd share price as on 22 Jan 2025 is ₹564.15

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NSE: VARROC Small Cap ISIN: INE665L01035

As on 22 January 2025 at 15:48 IST

₹564.15

-4.45

(-0.78%)

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About Varroc Engineering Ltd

Varroc Engineering Ltd. is a leading Indian multinational automotive component manufacturer and supplier. The company was founded in the year 1990. It has decades of experience in the industry. The headquarters of the company is located in Aurangabad, Maharashtra, India. Varroc Engineering's main products include powertrains, exterior lighting systems, electrical and electronics components, and body and chassis parts. It also manufactures and supplies polymer and precision metallic components. Varroc Engineering Ltd. falls under the automotive components sector. It has grown to become a significant player in the global automotive components industry. Read More...

Over 1 Month

-3.52%

Over 6 Months

-8.91%

Over 1 Year

9.33%

Over 3 Years

34.95%

Varroc Engineering Ltd Summary

Close ₹ 564.15

Open ₹ 569.95

High ₹ 569.95

Low ₹ 547.60

Volume 1,27,470

Net Turnover (in ₹) ₹ 8,18,63,946.60

52Wk High ₹ 716.90

52Wk Low ₹ 433

52Wk High / Low

433

716.90

Varroc Engineering Ltd Fundamentals

Key Financial Data

Market Cap (in ₹Cr) ₹ 8,687.43

EPS (TTM) 28.36

Book Value (BV) 63.83

Div. Yield -

P/E (TTM) 20.05

Price/Book Value 8.91

Delivery % 38.50 %

Face Value 1

Key Ratios

PE Ratio 21.45

PB Ratio 8.41

EV to Sales 1.98

PEG Ratio -0.17

ROA 15.30

ROE 34.53

Debt-Equity 2.15

Net Profit Margin 7.87

Operating Profit Margin 10.65

Varroc Engineering Ltd Financials

Profit and Loss

Consolidated

Standalone

Yearly

Quarterly

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Total Revenue	7,594.07	6,920.95	5,878.13	4,489.61	11,220.75
Total Expenses	7,323.61	6,843.41	5,907.76	4,398.61	11,172.10
Profit Before Tax	314.86	82.86	-30.06	126.63	39.49
Profit After Tax	553	38.79	-78.28	78.76	2.51
Operating Profit after Depreciation	464.32	267.83	88.72	179.94	187.82

Balance Sheet

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Fixed Assets	2,030.26	2,065.04	2,060.84	5,593.13	5,675.47
Total Non Current Assets	2,865.38	2,844.63	2,687.08	6,918.09	6,861.21
Total Current Assets	1,695.09	1,776.27	8,310.92	4,307.23	4,141.06
TOTAL ASSETS	4,560.47	4,620.90	10,998.01	11,225.32	11,002.27
Total Shareholder's Fund	1,497.04	976.20	1,988.72	3,027.91	3,004.53

Cash Flow

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Net Cash from Operating Activities	638.47	686.18	635.58	473.71	1,413.69
Net Cash used in Investing Activities	-166.25	-448.03	-761.96	-613.19	-1,259.24
Net Cash used in Financing Activities	-664.10	-216.03	-334.86	-152.18	733.12

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Total Revenue	4,573.24	3,970.89	3,356.42	2,673.19	2,571.70
Total Expenses	4,463.07	4,016.44	3,311.71	2,536.04	2,444.14
Profit Before Tax	105.67	-1,377.74	44.71	137.15	127.56
Profit After Tax	357.07	-1,386.79	25.98	92.16	103.87
Operating Profit after Depreciation	289.31	124.55	135.69	193.26	172.63

Balance Sheet

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Fixed Assets	1,090.72	1,162.69	1,122.76	1,028.77	1,051.45
Total Non Current Assets	2,290.19	2,230.36	2,292.03	2,271.10	1,640.33
Total Current Assets	940.57	1,017.24	1,915.56	1,055.98	824
TOTAL ASSETS	3,230.76	3,247.59	4,207.59	3,327.08	2,464.32
Total Shareholder's Fund	910.46	554.37	1,940.98	1,916.96	1,137.33

Cash Flow

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Net Cash from Operating Activities	525.30	229.31	427.66	160.27	355.11
Net Cash used in Investing Activities	-6.28	-427.34	-1,208.29	-662.84	-172.70
Net Cash used in Financing Activities	-608.95	305.57	576.11	623.55	-56.24

Particulars (in ₹ Cr.)	2024-09	2024-06	2024-03	2023-12	2023-09
Total Revenue	2,080.77	1,898.85	1,974.86	1,884.59	1,886.81
Total Expenses	1,872.60	1,724.84	1,753.82	1,709	1,692.55
Profit Before Tax	90.82	55.98	104.96	70.76	73.91
Profit After Tax	57.80	34.07	58.36	383.89	55.72
Operating Profit after Depreciation	215.57	180.24	232.60	209.59	209.06

Particulars (in ₹ Cr.)	2024-09	2024-06	2024-03	2023-12	2023-09
Total Revenue	1,249.78	1,136.13	1,200.45	1,169.52	1,110.81
Total Expenses	1,103.70	1,027.26	1,008.16	1,061.03	1,026.81
Profit Before Tax	64.30	25.69	100.29	20.99	3.17
Profit After Tax	47.14	17.65	64.27	304.20	2.11
Operating Profit after Depreciation	149.44	111.85	195.80	113.73	100.28

Varroc Engineering Ltd Technicals

Support and Resistance

S3 S2 S1 Pivot R1 R2 R3

S1 556.73

S2 544.87

S3 523.43

Pivot 578.17

R1 590.03

R2 611.47

R3 623.33

Moving Average

20 SMA 596.14

50 SMA 565.06

100 SMA 562.11

200 SMA 574.47

Varroc Engineering Ltd Corporate Actions

Dividend

Bonus

Splits

Rights

AGM

EGM

No available data

AGM Date: 29 Sep 2022

Varroc Engineering Limited has informed the Exchange about Board Meeting held on 12-Aug-2022 to consider Unaudited (Standalone and Consolidated) Financial Results of the Company for the period ended June 2022, Fund raising, AGM matters and Other business matters Varroc Engineering Limited has informed the Exchange about Newspaper Advertisement - Information regarding 34th Annual General Meeting of the Company (As Per BSE Announcement Dated on 31/08/2022) Varroc Engineering Limited has informed the Exchange about Proceedings of 34th Annual General Meeting held on 29-Sep-2022 Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed summary of the Proceedings of the 34th Annual General Meeting ('AGM') of the Members of the Company held on Thursday, September 29, 2022 at 11:00 a.m. through Video Conference/ Other Audio-Visual Means, without physical presence of the Members at a common venue. Varroc Engineering Limited has informed the Exchange about Voting results of the business transacted at the AGM, as required under Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and the Consolidated Report of the Scrutinizer of Annual General Meeting held on 29-Sep-2022 Varroc Engineering Limited has informed the Exchange about Voting results of the business transacted at the AGM, as required under Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and the Consolidated Report of the Scrutinizer of Annual General Meeting held on 29-Sep-2022 (As Per BSE Announcement Dated on 29/09/2022) Varroc Engineering Limited has informed the Exchange about the Recording of Annual General Meeting held on 29-Sep-2022 (As Per BSE Announcement dated on 30.09.2022)

AGM Date: 13 Sep 2023

AGM 13/09/2023 Board Meeting Outcome & Audited Financial Result Q-4 - FY 2023 AGM Date The Board has recommended Re-appointment of M/s S R B C & Co LLP, Chartered Accountants (LLP Identification No: AAB-4318) (FRN 324982E/ E300003) as Statutory Auditors of the Company for the second consecutive term of Five Years from the conclusion of this Thirty Fifth Annual General Meeting till the conclusion of Fortieth Annual General Meeting to be held in the year 2028 covering Financial Years from 2023-24 to 2027-28 (As Per BSE Announcement dated on 23.05.2023) Annual Report - FY 2022-23 (As Per BSE Announcement dated on 22.08.2023) Proceedings of AGM-13.09.2023 Alteration of Articles of association Re-appointment of Statutory Auditors (As Per BSE Announcement dated on 13.09.2023) Transcript of 35th Annual General Meeting (As Per BSE Announcement Dated on 15/09/2023)

AGM Date: 12 Sep 2024

AGM 12/09/2024 BM outcome other matters AGM Prceedings(Outcome) - Voting Result - Scrutiniser''s Report (As Per BSE Announcement dated on 12.09.2024)

Varroc Engineering Ltd Peer Comparison

Company	Price	Market Cap (in ₹ Cr)
Varroc Engineering Ltd	₹568.70	₹8,688.96
Samvardhana Motherson International Ltd	₹145.85	₹1,02,624.36
Bosch Ltd	₹30,616.35	₹90,298.76
Uno Minda Ltd	₹991.80	₹56,945.57
Sona BLW Precision Forgings Ltd	₹556.25	₹34,567.61
Exide Industries Ltd	₹377.30	₹32,070.50

Varroc Engineering Ltd News

Volumes jump at Varroc Engineering Ltd counter

Varroc Engineering Ltd witnessed volume of 95.14 lakh shares by 14:14 IST on NSE, a 48.16 times surge over two-week average daily volume of 1.98 lakh shares

10 Dec 2024, 02:30 pm

Board of Varroc Engineering appoints director

With effect from 13 November 2024

13 Nov 2024, 03:21 pm

Varroc Engg. to declare Quarterly Result

On 13 November 2024

06 Nov 2024, 03:56 pm

Varroc Engineering appoints Head R&D for Business II

28 Aug 2024, 05:25 pm

Volumes jump at Varroc Engineering Ltd counter

Varroc Engineering Ltd witnessed volume of 75.5 lakh shares by 14:14 IST on NSE, a 32.37 times surge over two-week average daily volume of 2.33 lakh shares

22 Aug 2024, 02:30 pm

Varroc Engineering Ltd Stock Analysis

Annual revenue for Varroc Engineering Ltd increased by 15.17% to ₹4,573.24 crore in FY 2024 from ₹3,970.89 crore in FY 2023.
Annual Net Profit for Varroc Engineering Ltd decreased by 125.75% to ₹357.07 crore in FY 2024 from ₹-1,386.79 crore in FY 2023.
Promoter Shareholding in Varroc Engineering Ltd remains unchanged by 0.00% in the most recent quarter, from 75% in September 2024 to 75% in December 2024.
Varroc Engineering Ltd delivered a 1-year return of 9.33% compared to the Nifty 50, which provided a return of 8.41% as of the last trading session.
Varroc Engineering Ltd share price moved down by 0.78% from its previous close of INR ₹568.60. The latest Varroc Engineering Ltd share price is INR ₹564.15.
Varroc Engineering Ltd share price today has been at a low of 547.60 and a high of 569.95. Over the past 52 weeks, the Varroc Engineering Ltd share price has seen a low of 433 and a high of 716.90.

About Varroc Engineering Ltd

Varroc Engineering Ltd. is a leading Indian multinational automotive component manufacturer and supplier. The company designs, develops, and manufactures a wide range of automotive components. This includes exterior lighting systems and electrical and electronic components. It also offers powertrains and body and frame parts for passenger cars and motorcycles.

The company even manufactures and supplies polymer components and precision metallic components. Varroc's strong R&D capabilities and technological partnerships have helped it develop innovative products that cater to the emerging trends in the automotive industry. Varroc Engineering operates in the automotive components sector.

Varroc Engineering Ltd. falls under the automotive components sector. The company was established in 1990 by Tarang Jain. It has grown to become a significant player in the global automotive components industry, with a strong presence in multiple countries.

The headquarters of Varroc Engineering Ltd. is located in Aurangabad, Maharashtra, India. The company is promoted by the Jain family, with Tarang Jain being the key promoter and owner. Also, he serves as chairman & managing director of the company. The other crucial promoters of the company include:

Arjun Jain
Dhruv Jain
Tarun Tyagi
Gautam P Khandelwal

Varroc Engineering Ltd. is a significant player in the automotive components sector. The company is recognized for its commitment to quality, innovation, and customer satisfaction. Varroc may not be the largest by market capitalization. However, its robust capabilities and extensive product portfolio have positioned it as a key player in the industry.

The promoter shareholding in Varroc Engineering Ltd. stands at 75%. The major share of the company is held by Tarang Jain, who owns a 61.91% stake among total promoter shareholdings. This indicates strong promoter commitment to the business.

The registered office of Varroc Engineering Ltd. is located at L-4, MIDC Industrial Area, Waluj, Aurangabad - 431136, Maharashtra, India. Link Intime India Private Limited is its registrar & transfer agent. The registrar of the company is located at Vikhroli (West), Mumbai 400083, Maharashtra, India.

Varroc Engineering Ltd. is a well-established automotive components company in India. The company is known for its comprehensive range of products and strong market presence.

Foreign Dealing of the Company

In the lively sector of global automotive components manufacturing, Varroc Engineering Ltd. has distinguished itself as a formidable international player. This is due to strategically expanding its foreign dealings and establishing a robust global footprint. Initiated in 1990 by Tarang Jain, the company has transformed from a local automotive components manufacturer to a multinational enterprise with a significant international presence and strategic global partnerships.

Varroc Engineering's foreign dealings are characterised by a comprehensive approach to international market penetration, particularly in automotive components manufacturing. The company has successfully established manufacturing facilities and operational bases in multiple countries. This includes the United States, Mexico, Spain, the Czech Republic, and China.

These strategic international locations enable Varroc to serve global automotive manufacturers. Also, this leverages regional manufacturing advantages and mitigates risks associated with geographical concentration. By diversifying its manufacturing base, the company can effectively respond to regional market demands, optimise production costs, and maintain competitive pricing in different international markets.

The company's international business strategy extends beyond mere geographical expansion. Varroc has developed sophisticated technological partnerships with global automotive original equipment manufacturers (OEMs) and tier-1 suppliers. This is because it focuses on innovative product development and advanced engineering solutions.

Their foreign dealings emphasise collaborative research and development. This allows the company to create cutting-edge automotive components that meet emerging technological trends. The focus on powertrains, exterior lighting systems, and electrical and electronics components demonstrates their commitment to developing sophisticated products that cater to international automotive industry requirements.

Varroc Engineering's approach to foreign markets is distinguished by its ability to adapt to diverse regulatory environments and technological standards. They maintain a strong research and development infrastructure and invest in local talent in different countries. Thus, the company ensures compliance with regional automotive standards and technological specifications. This adaptive strategy has been crucial in establishing credibility and trust with international automotive manufacturers. As a result, this enables Varroc to secure long-term supply contracts and expand its global customer base.

The financial robustness of Varroc's international strategy is evident in its significant market capitalization and promoter shareholding. These metrics reflect investor confidence in the company's global expansion strategy. Also, this indicates its ability to navigate complex international business sectors.

The managerial promoter's leadership has consistently demonstrated a forward-thinking approach to international business. This is because they focus on technological advancement, strategic partnerships, and adaptable manufacturing capabilities.

Varroc Engineering Ltd.'s foreign dealings represent a sophisticated, multi-dimensional approach to international business in the automotive components sector. The company has successfully positioned itself as a global automotive components manufacturer. Their international strategy goes beyond traditional export models, emphasising local manufacturing, technological collaboration, and a deep understanding of regional automotive market dynamics.

As the global automotive industry continues to evolve, Varroc Engineering's comprehensive approach to foreign dealings will likely continue to drive its growth and international success.