| Revenue growth | +33.6% YoY to Rs 29,479 Mn; H1 +31.8%. |
|---|---|
| Margins | EBITDA 8.9% vs 9.1% YoY; ~80 bps war-inflation under-recovery. |
| Order book | Order book Rs 36,991 Mn end H1 FY27 (Rs 35,090 Mn end FY26). |
| Demand visibility | H1 FY27 new annual peak revenue win Rs 10,127 Mn; EV 48%. |
Growth
Revenue +33.6% YoY to Rs 29,479 Mn; India +29.5%, overseas +104.1%. PAT Rs 335 Mn after Rs 631 Mn exceptionals.
Outlook
No numeric guidance. Forsee Power 45% stake (€4.5m upfront); Italy 2W lighting moving to Romania and Vietnam.
Risks
War-related inflation under-recovery cut margins ~80 bps. Net debt rose to Rs 5,547 Mn on capex and delayed war-cost recoveries.
Investor Presentation filed with BSE, NSE: VARROC. Summary written with AI assistance from the document.
Varroc Engineering Ltd: key numbers
- Share price
- ₹795.05
- Market cap
- ₹12,147 Cr
- Revenue (annual)
- ₹8,890 Cr
- Net profit (annual)
- ₹225.0 Cr
- P/E (TTM)
- 61.6×Sector 31.7×
- 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 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 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
Varroc Engineering Acquisition Worth ₹47.7 Cr
Varroc Engineering executed definitive agreements to acquire a 45% stake in Forsee Power India. Aggregate consideration is capped at €4.5 million (about ₹47.7 Crore).
- Value
- ₹47.70 Cr
- Execution
- Completion expected on or before December 31, 2026, subject to conditions precedent
Varroc Engineering Board Meeting Date
Varroc Engineering scheduled its Board Meeting for 4 November 2026 to approve Q2/H1 FY27 results. Trading window remains closed through 6 November 2026.
Varroc Engineering Merger & Restructuring
Varroc Engineering Limited is entering a joint venture with Forsee Power SA, France, to scale EV battery solutions in India, acquiring a 45% stake in the entity.