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Varroc Engineering Limited (VARROC.NS)

INR660.55 -6.15 (-0.92%)
IN NSE Consumer Cyclical Auto - Parts
Address L-4, MIDC 431136
Aurangabad, MH, IN
CEO Tarang Jain
Website varroc.com
IPO 2018-07-06
ISIN INE665L01035

Explore sections of this company profile

Also trades on Bombay Stock Exchange · VARROC.BO (INR) National Stock Exchange of India · VARROC.NS (INR)
Description

Varroc Engineering Limited provides aftermarket automotive components and solutions worldwide. It offers e-mobility solutions, such as traction motors, controllers, and DC-DC converters; ice powertrain solutions, including valves, transmission components, crankpins and balancers, and wiper motors; light engines, light control units, and exterior and interior lighting products; and human-machine interface solutions, which include digital instrument clusters, sensors, and ergonomic handlebar switches. The company also provides polymer components, metallic forging and casting products, engine parts, and consumables and accessories; and intelligent cockpits and ADAS solutions, such as driver and cabin monitoring systems, surround view systems, and infotainment systems. In addition, it operates connected vehicle platform that integrates cloud providers, as well as supports device-agnostic connectivity. The company serves passenger cars, commercial vehicles, two and three wheelers, and off-highway vehicles original equipment manufacturers. Varroc Engineering Limited was incorporated in 1988 and is based in Aurangabad, India.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
INR660.55 -6.15 (-0.92%)
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Volume Profile
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Liquidity & share structure
Average Volume
136.3K
Beta
0.32
Float Shares
38.20M
Free Float %
25.0%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+2.66% +3.84% +14.53% +9.07% -10.52% -0.10% +16.52% +96.60% +43.74% -43.12% -43.12%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
660.55
DCF (Unlevered) 449.77 -31.9%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 60% Bullish
Rating 2026-05 Change
Strong Buy 1 0
Buy 2 0
Hold 0 0
Sell 1 0
Strong Sell 1 0
Quality scores
Altman Z-Score
3.81
Safe zone
Piotroski F-Score
6 / 9
Average
MOAT Score
4 / 10
Developing
Composite Rating
D+
Overall Score
1 / 5
Low
DCF Score
1 / 5
Low
ROE Score
1 / 5
Low
ROA Score
1 / 5
Low
D/E Score
1 / 5
Low
P/E Score
1 / 5
Low
P/Book Score
1 / 5
Low
Operational MOAT
✗ Below peers
  • Revenue growth Auto - Parts: +7.8%
    +9.0% Q1'26: +12.8% (vs Q1'25)
  • EPS growth Auto - Parts: +18.0%
    +267.3% Q1'26: +236.3% (vs Q1'25)
  • FCF margin FCF growth · Auto - Parts: +53.1%
    +1.0% Q1'26: +6.3% (vs Q1'25)
  • EBIT margin Auto - Parts: +7.5%
    +5.7% Q1'26: +6.1% (vs Q1'25)
  • ROIC Auto - Parts: +6.4%
    +14.8% Q1'26: +16.4% (vs Q1'25)
  • Share dilution Auto - Parts: +0.0%
    0.0% Q1'26: +0.2% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Auto - Parts: 0.27×
    1.42× Q1'26: 1.24× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (1.06) × ERP
WACC = 93% × Ke + 7% × Kd (18.7%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 360.42 Current price: 660.55
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Mar 2019
actual
Mar 2020
actual
Mar 2021
actual
Mar 2022
actual
Mar 2023
actual
Mar 2024
actual
Mar 2025
actual
Mar 2026
5 Rev. Ana.
4 EPS Ana.
Mar 2027
5 Rev. Ana.
4 EPS Ana.
Mar 2028
5 Rev. Ana.
4 EPS Ana.
Revenue
120.36B
est: 120.37B (0.0%)
111.22B
est: 112.64B (-1.3%)
43.74B
est: 110.99B (-60.6%)
58.44B
est: 98.06B (-40.4%)
68.91B
est: 68.98B (-0.1%)
75.52B
est: 76.62B (-1.4%)
81.54B
est: 81.81B (-0.3%)
88.42B
87.38B – 89.15B
+8.1% YoY
98.46B
95.88B – 101.35B
+11.4% YoY
110.37B
104.88B – 116.15B
+12.1% YoY
EBITDA
9.42B
est: 12.55B (-24.9%)
5.61B
est: 9.68B (-42.0%)
6.28B
est: 6.08B (+3.2%)
6.83B
est: 7.67B (-10.9%)
5.42B
est: 8.75B (-38.1%)
7.02B
est: 7.99B (-12.0%)
7.26B
est: 8.54B (-15.0%)
9.22B
9.11B – 9.29B
+7.9% YoY
10.26B
9.99B – 10.56B
+11.4% YoY
11.50B
10.93B – 12.11B
+12.1% YoY
EBIT
5.47B
est: 4.54B (+20.5%)
1.18B
est: 4.85B (-75.7%)
1.01B
est: 834.14M (+21.7%)
944.10M
est: 1.05B (-10.2%)
2.60B
est: 1.20B (+116.5%)
4.22B
est: 8.09B (-47.8%)
4.53B
est: 8.65B (-47.6%)
9.33B
9.22B – 9.41B
+7.9% YoY
10.39B
10.12B – 10.70B
+11.4% YoY
11.65B
11.07B – 12.26B
+12.1% YoY
Net Income
4.25B
est: 5.05B (-15.9%)
1.91M
est: 4.04B (-100.0%)
-6.32B
est: 1.67M (-377,412.2%)
-11.10B
est: 2.11M (-525,608.7%)
-8.20B
est: 938.30M (-973.7%)
5.26B
est: 5.26B (0.0%)
612.30M
est: 1.98B (-69.1%)
2.70B
2.50B – 3.02B
+36.4% YoY
4.26B
3.35B – 4.28B
+57.5% YoY
4.80B
4.02B – 5.57B
+12.6% YoY
SGA
15.65B
est: 13.64B (+14.8%)
16.37B
est: 25.65B (-36.2%)
5.28B
est: 23.55B (-77.6%)
6.45B
est: 29.70B (-78.3%)
7.45B
est: 33.89B (-78.0%)
8.50B
est: 8.68B (-2.1%)
9.36B
est: 9.28B (+0.9%)
10.02B
9.90B – 10.10B
+7.9% YoY
11.16B
10.86B – 11.48B
+11.4% YoY
12.51B
11.88B – 13.16B
+12.1% YoY
EPS
31.54
est: 33.08 (-4.7%)
0.01
est: 12.10 (-99.9%)
5.59
est: -29.03 (+119.3%)
-5.33
est: -29.45 (+81.9%)
2.36
est: 2.77 (-14.7%)
35.80
est: 34.44 (+3.9%)
4.01
est: 12.95 (-69.0%)
18.59
16.37 – 19.78
+43.6% YoY
25.74
21.91 – 28.03
+38.5% YoY
33.41
26.34 – 36.47
+29.8% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-27 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-05-26 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-05-25 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-05-22 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-05-21 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-05-20 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-05-19 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-05-18 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-05-15 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-05-14 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-05-13 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-05-12 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-05-11 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-05-08 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-05-07 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-05-06 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-05-05 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-05-04 D+ 1/5 2/5 1/5 1/5 1/5 1/5 1/5
2026-04-30 D+ 1/5 2/5 1/5 1/5 1/5 1/5 1/5
2026-04-29 D+ 1/5 2/5 1/5 1/5 1/5 1/5 1/5
2026-04-28 D+ 1/5 2/5 1/5 1/5 1/5 1/5 1/5
2026-04-27 D+ 1/5 2/5 1/5 1/5 1/5 1/5 1/5
2026-04-24 D+ 1/5 2/5 1/5 1/5 1/5 1/5 1/5
2026-04-23 D+ 1/5 2/5 1/5 1/5 1/5 1/5 1/5
2026-04-22 D+ 1/5 2/5 1/5 1/5 1/5 1/5 1/5
2026-04-21 D+ 1/5 2/5 1/5 1/5 1/5 1/5 1/5
2026-04-20 D+ 1/5 2/5 1/5 1/5 1/5 1/5 1/5
2026-04-17 D+ 1/5 2/5 1/5 1/5 1/5 1/5 1/5
2026-04-16 D+ 1/5 2/5 1/5 1/5 1/5 1/5 1/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
3.65B
OE per share TTM
23.89
Owner's Yield
4.07%
Maintenance CapEx ratio
280.32%
Maint CapEx / Avg PPE
38.4%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock Held by 2 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 WisdomTree India Earnings Fund EPI 0.03% 618.9K 0.84%
2 State Street SPDR S&P Emerging Markets Small Cap ETF EWX 0.03% 211.2K 0.65%

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
182.8K
Shares Outstanding
152.79M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Tarang Jain Executive Non-Independent Chairman of the Board & MD 122M male
Arjun Jain Chief Executive Officer of Varroc – Business I & Executive Non-Independent Whole-Time Director 27M male
Avinash Chintawar COO & Additional Executive Non-independent Director male
Bikash Dugar Head of Investor Relations male
Dhruv Jain Chief Executive Officer of Varroc – Business II & Non Executive Non Independent Whole Time Director male
Hariprasad Rayapalyam Head of Legal male
K. Mahendra Kumar Group Chief Financial Officer male
Kavita Kulkarni Global Chief Human Resource Officer female
Manoj Dhar Group Chief Internal Auditor & Risk Officer male
Namrata Parashar Head of Marketing & Communications female
Praveen Kumar Dhawan Head -BD Bajaj male
Anil Ghatiya Company Secretary & Compliance Officer male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits