| Revenue growth | FY26: 9.0%, Q4 FY26: 12.8% |
|---|---|
| Margins | FY26 EBITDA margin 9.4% (down 10bps); Q4 FY26 9.7%. |
| Order book | New order intake FY26: ₹32,889 million; 65% EV related. |
| Demand visibility | Strong growth in 2W and EV segments; GST cut impact. |
Growth
FY26 Revenue grew 9.0% YoY; Q4 FY26 Revenue grew 12.8% YoY. EV model revenue grew 39% YoY in FY26.
Outlook
Highest ever new order wins of ₹32,889M in FY26; recommended 150% dividend; focus on ADAS and EV charging.
Risks
One-time VRS spending of ₹799 million; increasing net working capital requirements; overseas R&D spending weighing on margins.
Earnings Call filed with BSE, NSE: VARROC. Summary written with AI assistance from the document.
Varroc Engineering Ltd: key numbers
- Share price
- ₹838.70
- Market cap
- ₹12,814 Cr
- Revenue (annual)
- ₹8,890 Cr
- Net profit (annual)
- ₹225.0 Cr
- P/E (TTM)
- 75.8×Sector 33.1×
- Promoter holding
- 75.00%+0.00% QoQ
- FII holding
- 4.49%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Varroc Engineering Ltd
All →Varroc Engineering Promoter Buying (Off-Market)
Rochana Tarang Jain will receive 5,000 Varroc Engineering shares as a gift from promoter and CMD Tarang Jain. The inter-se family transfer carries no monetary consideration.
Varroc Engineering Earnings Call Transcript: Key Takeaways
Q2 revenue ₹2,948 Cr (+33.6% YoY), but EBITDA margin slipped to 8.9% (9.1% last year) on war-driven under-recoveries. ₹63 Cr exceptionals cut reported PBT to ₹78 Cr.
Varroc Engineering Other Announcement
Varroc Engineering Limited disclosed consolidated related party transactions for the half-year ended September 30, 2026. The filing details numerous transactions including sales, loans, and corporate guarantees with subsidiaries and joint ventures.
Varroc Engineering Results Update
Varroc Engineering reported Q2 FY27 consolidated revenue of ₹2,947.9 crore, up 33.6% YoY. The company announced restructuring of Italian operations and an acquisition in Forsee Power India.
- Value
- ₹2,948 Cr
Varroc Engineering Investor Presentation: Key Takeaways
Q2 FY27 revenue Rs 29,479 Mn, up 33.6% YoY; EBITDA margin 8.9% (9.1% LY); PAT Rs 335 Mn after exceptionals. Italy 2W restructuring and Forsee Power battery stake.
Varroc Engineering Q2 FY27 Results: Net Profit ₹33.5 Cr, Down 47.1% YoY
Varroc Engineering Ltd reported revenue from operations of ₹2,948 Cr (+33.6% YoY) and net profit of ₹33.5 Cr (-47.1% YoY) for Q2 FY27.
- Key figure
- Net profit ₹33.5 Cr · -47.1% YoY