| Revenue growth | 29.9% YoY growth driven by 28.6% India and 45.6% overseas growth. |
|---|---|
| Margins | EBITDA margin at 8.5%, down 100 bps YoY due to cost pressures. |
| Order book | Total order book at ₹36,092 million as of Q1 FY27 end. |
| Demand visibility | Strong growth in 2W/3W; EV adoption gaining more traction. |
Growth
Revenue grew 29.9% YoY; PAT up ~70% YoY (excluding exceptional items). EV segment revenue surged 87% YoY.
Outlook
Order book stands at ₹36,092 million. Strategic focus on debt reduction and R&D in advanced electronics and ADAS.
Risks
Under-recovery of war-related inflation (~0.7% margin impact), lower tooling margins, and increased casual manpower costs.
Last quarter's promises, checked
Delivered
- Guided ~10% CAGR revenue growth → delivered 29.9% YoY (= BEAT)
- Guided focus on EV revenue growth → delivered 87% YoY surge (= BEAT)
- Guided debt reduction focus → delivered Net Debt/EBITDA 0.54x vs 1.29x YoY (= BEAT)
Partly delivered
- Guided order book growth → delivered ₹36,092M vs ₹35,090M previous (= PARTIAL)
Missed
- Guided EBITDA margin improvement → delivered 8.5% (down 100 bps YoY) (= MISS)
Investor Presentation filed with NSE, NSE: VARROC. Summary written with AI assistance from the document.
Varroc Engineering Ltd: key numbers
- Share price
- ₹834.85
- Market cap
- ₹12,755 Cr
- Revenue (annual)
- ₹8,890 Cr
- Net profit (annual)
- ₹225.0 Cr
- P/E (TTM)
- 64.7×Sector 33.6×
- Promoter holding
- 75.00%+0.00% QoQ
- FII holding
- 4.29%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 Other Announcement
Varroc Engineering Limited announced name changes for two promoter group trusts. The administrative change does not impact the company's shareholding, beneficial ownership, or promoter control.
Varroc Engineering Debt & Borrowing: ₹50 Cr
Varroc Engineering issued 1,000 unsecured Commercial Papers of Rs.50 Crore to Kotak Mahindra Bank. The 90-day CPs carry 6.90% discount rate with upfront interest payment.
- Value
- ₹50.00 Cr
- Execution
- 90 Days
Varroc Engineering Other Announcement
Varroc Engineering received an independent ESG rating of 'Crisil ESG 62' (Strong) from CRISIL ESG. This is a routine regulatory disclosure with no monetary transaction.
Varroc Engineering Earnings Call Transcript: Key Takeaways
Varroc reported robust 30% YoY revenue growth driven by EV penetration and overseas lighting. However, margins were suppressed by one-time tooling sales and war-related cost escalations.
- Call
- Guides 25% growth
Varroc Engineering Q1 FY27 Results: Net Profit ₹77.7 Cr, Down 27.7% YoY
Varroc Engineering Ltd reported revenue from operations of ₹2,634 Cr (+29.9% YoY) and net profit of ₹77.7 Cr (-27.7% YoY) for Q1 FY27.
- Key figure
- Net profit ₹77.7 Cr · -27.7% YoY
Varroc Engineering Earnings Call: Key Takeaways
Varroc Engineering reported FY26 revenue of ₹88,905M with ₹8,364M EBITDA. Management is focused on deleveraging and expanding EV component content.