| Revenue growth | Q4 revenue grew 12.8% YoY to ₹23.7 billion; FY26 up 9%. |
|---|---|
| Margins | Consolidated EBITDA at 9.4% for FY26; India operations performing significantly better. |
| Order book | Record new business wins of ₹32.9 billion, 65% from EV models. |
| Demand visibility | Strong visibility in India 2W and 4W segments and EV adoption. |
| Management confidence | Confident, focusing on execution of a record ₹32.9 billion order book. |
Growth
FY26 consolidated revenue reached ₹88.9 billion, up 9% YoY. India margins are robust at 11.7% EBITDA.
Outlook
FY27 guidance suggests mid-to-high teen revenue growth and margin expansion towards a 10% PBT target.
Risks
Overseas operations in Romania and Italy remain loss-making at the PBT level, dragging down overall consolidated profitability.
Earnings Call filed with NSE, 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