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Varroc Engineering Ltd

Thu 13/03/2025,15:59:6 NSE: VARROC

₹ 412.40 -9.65 (-2.29%)
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Thu 13/03/2025,0:0:0

Varroc Engineering Ltd

Thu 13/03/2025,15:59:6 | NSE : VARROC

₹ 412.40-9.65 (-2.29%)

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Market Data

Essential tool: analyze, trade, manage, decide.

Open

₹ 422.40

Previous Close

₹ 422.05

Volume

216677

Mkt Cap ( Rs. Cr)

₹6300.91

High

₹ 425.90

Low

₹ 411.00

52 Week High

₹ 716.90

52 Week Low

₹ 409.00

Book Value Per Share

₹ 105.19

Dividend Yield

0.00

Face Value

₹ 1.00

What’s Your Call?

Collective community sentiment on Varroc Engineering Ltd

Your Vote -

Buy

90.00%

Hold

8.14%

Sell

1.86%

90.00%

430 users have voted

Market Depth

How many stocks are available to buy or sell and at what prices.

Buy Order Quantity

100%

Sell Order Quantity

0%

Bid Price

Qty

412.40

57

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Bid Total

57

Bid Price

Qty

0.00

0

0.00

0

0.00

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0

0.00

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Bid Total

0

Option Chain

Analyzes market sentiment, predicts Varroc Engineering Ltd' movement.

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News

Media spotlight triggers stock stock attention, sentiment.

  • Varroc Engineering - Updates

    7 Mar 2025, 4:48PM Varroc Engineering Limited has informed the Exchange regarding 'Details of interest/ principal payment obligations for Q1 of FY 2025-26'.

  • Varroc Engineering - Compliance-57 (4) : Prior intimation to the beginning of the quarter

    7 Mar 2025, 4:48PM Details of interst / Principal payment obligations for Q-1 FY2025-26

  • Varroc Engineering - Updates

    7 Mar 2025, 4:15PM Varroc Engineering Limited has informed the Exchange regarding 'CITIH25066704144'.

  • Varroc Engineering - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    28 Feb 2025, 2:06PM Intimation of schedule of Investor Conference

  • Varroc Engineering - Analysts/Institutional Investor Meet/Con. Call Updates

    28 Feb 2025, 2:06PM Varroc Engineering Limited has informed the Exchange about Schedule of meet

  • Varroc Engineering - Updates

    25 Feb 2025, 2:05PM Varroc Engineering Limited has informed the Exchange regarding 'Redemption of Commercial Paper'.

  • Varroc Engineering - Redemption Of Commercial Papers

    25 Feb 2025, 2:01PM Update- Redemption of Commercial Paper

  • Varroc Engineering - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

    15 Feb 2025, 11:10AM Transcript of Investor Call

  • Varroc Engineering - Analysts/Institutional Investor Meet/Con. Call Updates

    15 Feb 2025, 11:10AM Varroc Engineering Limited has informed the Exchange about Transcript

  • Varroc Engineering - Integrated Filing- Financial

    12 Feb 2025, 5:04PM Integrated Filing (Financial) for the quarter and nine-months period ended December 31, 2024

  • Varroc Engineering - Integrated Filing (Financial)

    12 Feb 2025, 5:05PM Integrated Filing. Results already submitted

  • Varroc Engineering - Copy of Newspaper Publication

    11 Feb 2025, 11:32AM Varroc Engineering Limited has informed the Exchange about Copy of Newspaper Publication

  • Varroc Engineering - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    10 Feb 2025, 7:30PM Scheudle of Investor Meet

  • Varroc Engineering - Analysts/Institutional Investor Meet/Con. Call Updates

    10 Feb 2025, 7:29PM Varroc Engineering Limited has informed the Exchange about Schedule of meet

  • Varroc Engineering - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    10 Feb 2025, 5:37PM Investor Call Recording Link

  • Varroc Engineering - Analysts/Institutional Investor Meet/Con. Call Updates

    10 Feb 2025, 5:37PM Varroc Engineering Limited has informed the Exchange about Link of Recording

  • Varroc Engineering - Updates

    10 Feb 2025, 4:16PM Varroc Engineering Limited has informed the Exchange regarding 'Asset Cover Certificate'.

  • Varroc Engineering - Compliances-Reg. 54 - Asset Cover details

    10 Feb 2025, 4:16PM Asset Cover Certificate - December 24

  • Varroc Engineering - Investor Presentation

    10 Feb 2025, 3:31PM Varroc Engineering Limited has informed the Exchange about Investor Presentation

  • Varroc Engineering - Press Release

    10 Feb 2025, 3:27PM Varroc Engineering Limited has informed the Exchange regarding a press release dated February 10, 2025, titled ""Varroc Engineering delivers double di

  • Varroc Engineering - Announcement under Regulation 30 (LODR)-Press Release / Media Release

    10 Feb 2025, 3:27PM Press Release

  • Varroc Engineering - Outcome of Board Meeting

    10 Feb 2025, 2:26PM Varroc Engineering Limited has informed the Exchange regarding Outcome of Board Meeting held on February 10, 2025.

  • Varroc Engineering - Statement of deviation(s) or variation(s) under Reg. 32

    10 Feb 2025, 2:06PM Varroc Engineering Limited has informed the Exchange about statement of deviation(s) or variation(s) under Reg. 32

  • Varroc Engineering - Nil Deviation Statement

    10 Feb 2025, 2:06PM Nil Deviation Statement

  • Varroc Engineering - Outcome of Board Meeting

    10 Feb 2025, 1:56PM Varroc Engineering Limited has informed the Exchange regarding Board meeting held on February 10, 2025- Board_Meeting_Outcome_Results_Q3FY2024_25_100

  • Varroc Engineering - UFR Board Meeting Outcome Q-3 FY 2024-25

    10 Feb 2025, 1:51PM Board Meeting_Outcome

  • Varroc Engineering - Financial Result Updates

    10 Feb 2025, 1:51PM Varroc Engineering Limited has submitted to the Exchange, the financial results for the period ended December 31, 2024.

  • Varroc Engineering - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

    10 Feb 2025, 5:39PM Investor Call recording

  • Varroc Engineering - Announcement under Regulation 30 (LODR)-Investor Presentation

    10 Feb 2025, 3:30PM Investor Presentation

  • Varroc Engineering Q3 net profit down 85.04% at Rs 45.50 cr

    10 Feb 2025, 2:00PM The company reported standalone net profit of Rs 45.50 crore for the quarter ended December 31, 2024 as compared to Rs 304.20 crore in the same period

  • Varroc Engineering - Board Meeting Outcome for Board_Meeting_Outcome_Results_Q3FY2024_25_1002025

    10 Feb 2025, 1:55PM Board_Meeting_Outcome_Results_Q3FY2024_25_1002025

  • Varroc Engineering - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    7 Feb 2025, 2:14PM Revised Schedule of Investor call/meet

  • Varroc Engineering - Analysts/Institutional Investor Meet/Con. Call Updates

    7 Feb 2025, 2:14PM Varroc Engineering Limited has informed the Exchange about Schedule of meet

  • Varroc Engineering - Analysts/Institutional Investor Meet/Con. Call Updates

    1 Feb 2025, 10:39AM Varroc Engineering Limited has informed the Exchange about Schedule of meet

  • Varroc Engineering - Amalgamation/Merger

    1 Feb 2025, 10:30AM Varroc Engineering Limited has informed the Exchange about Amalgamation/Merger

  • Varroc Engineering - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    1 Feb 2025, 10:52AM Schedule of Investor Call_UFRQ32025

  • Varroc Engineering - Announcement under Regulation 30 (LODR)-Scheme of Arrangement

    1 Feb 2025, 10:34AM Update_Amalgamation

  • Varroc Engineering - Varroc Engineering Limited Has Informed The Exchange About Name Change Of RTA

    31 Jan 2025, 2:19PM Name Change of RTA

  • Varroc Engineering - General Updates

    31 Jan 2025, 2:19PM Varroc Engineering Limited has informed the Exchange about Name Change of RTA

  • Varroc Engineering - Updates

    31 Jan 2025, 2:01PM Varroc Engineering Limited has informed the Exchange regarding an update on change in name of Registrar & Share Transfer Agent

  • Varroc Engineering - Varroc Engineering Limited Has Informed The Exchange About An Update Regarding Change In Name Of Registr

    31 Jan 2025, 2:00PM Change in name of RTA

  • Varroc Engineering - Updates

    29 Jan 2025, 12:13PM Varroc Engineering Limited has informed the Exchange regarding 'Intimation of Board Meeting to consider and approve Un-audited Financial Results (Stan

  • Varroc Engineering - Board Meeting Intimation

    29 Jan 2025, 11:59AM VARROC ENGINEERING LIMITED has informed the Exchange about Board Meeting to be held on 10-Feb-2025 to consider and approve the Quarterly Unaudited Fin

  • Varroc Engineering - Intimation Of Board Meeting To Consider And Approve Un-Audited Financial Results (Standalone And Consoli

    29 Jan 2025, 12:11PM Board Meeting Intimation

  • Varroc Engineering - Board Meeting Intimation for Considering And Approving Un-Audited Financial Results (Standalone And Con

    29 Jan 2025, 11:48AM Varroc Engineering Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 10/02/2025 ,inter alia, to consider a

  • Varroc Engineering - Announcement under Regulation 30 (LODR)-Scheme of Arrangement

    16 Jan 2025, 4:58PM Amalgamation Order_Certified Copy

  • Varroc Engineering - Amalgamation/Merger

    16 Jan 2025, 4:58PM Varroc Engineering Limited has informed the Exchange about Amalgamation/Merger

  • Varroc Engineering - Press Release

    16 Jan 2025, 4:51PM Varroc Engineering Limited has informed the Exchange regarding a press release dated January 16, 2025, titled ""Press Release Varroc at Bharat Mobi

  • Varroc Engineering - Announcement under Regulation 30 (LODR)-Press Release / Media Release

    16 Jan 2025, 4:52PM Press Release

  • Varroc Engineering has submitted to BSE the Shareholding Pattern for the Period Ended December 31, 2024

    8 Jan 2025, 1:30PM As of December 2024, 75.00% is owned by Indian Promoters and 25.00% by Public. <p align=justify> Institutional holds 16.38% (Insurance Companies 1.67%

  • Varroc Engineering - Certificate under SEBI (Depositories and Participants) Regulations, 2018

    7 Jan 2025, 4:07PM Varroc Engineering Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018

  • Varroc Engineering - Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018

    7 Jan 2025, 4:06PM Compliance Certificate

  • Varroc Engineering - Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company

    4 Jan 2025, 7:00PM Varroc Engineering Limited has informed the Exchange about Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company

  • Varroc Engineering - Intimation_Regulation 30

    4 Jan 2025, 7:00PM Intimation Regulation 30

  • Varroc Engineering - CFO Certificate For The Quarter Ended December 31, 2024 Pursuant To Chapter XVII Of The Master Circular

    3 Jan 2025, 4:13PM Certificate - CP

  • Varroc Engineering - Statement of deviation(s) or variation(s) under Reg. 32

    3 Jan 2025, 3:44PM Varroc Engineering Limited has informed the Exchange about statement of deviation(s) or variation(s) under Reg. 32

  • Varroc Engineering - Nil Deviation Report

    3 Jan 2025, 3:42PM Nil Deviation Report_Utilisation of Issue Proceeds

  • Varroc Engineering - Updates

    3 Jan 2025, 3:27PM Varroc Engineering Limited has informed the Exchange regarding 'Certificate for the Quarter ended December 31, 2024 pursuant to Chapter XVII of the Ma

  • Varroc Engineering - Certificate For The Quarter Ended December 31, 2024 Pursuant To Chapter XVII Of The Master Circular - Li

    3 Jan 2025, 3:23PM CP-CFO Certificate

  • Varroc Engineering - Updates

    3 Jan 2025, 3:11PM Varroc Engineering Limited has informed the Exchange regarding ' Disclosure under Regulation 54'.

  • Varroc Engineering - Compliances-Reg. 54 - Asset Cover details

    3 Jan 2025, 3:10PM Confirmation regarding Security Cover

  • Varroc Engineering - Updates

    3 Jan 2025, 2:56PM Varroc Engineering Limited has informed the Exchange regarding 'Submission of details of appointment of Compliance Officer and Share Transfer Agent'.

  • Varroc Engineering - Updates

    3 Jan 2025, 2:32PM Varroc Engineering Limited has informed the Exchange regarding 'Varroc Engineering Limited - Confirmation of payment of interest/ principal obligation

  • Varroc Engineering - Compliance-57 (5) : intimation after the end of quarter

    3 Jan 2025, 2:30PM Confirmation of payment of interest/principal of NCD

  • Varroc Engineering - Copy of Newspaper Publication

    20 Dec 2024, 4:25PM Varroc Engineering Limited has informed the Exchange about Copy of Newspaper Publication

  • Varroc Engineering - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    20 Dec 2024, 4:17PM Investor Meet

  • Varroc Engineering - Analysts/Institutional Investor Meet/Con. Call Updates

    20 Dec 2024, 4:16PM Varroc Engineering Limited has informed the Exchange about Schedule of meet

  • Varroc Engineering - Analysts/Institutional Investor Meet/Con. Call Updates

    20 Dec 2024, 12:56AM Varroc Engineering Limited has informed the Exchange about Schedule of meet

  • Varroc Engineering - Shareholders meeting

    18 Dec 2024, 9:54PM Varroc Engineering Limited has informed the Exchange regarding voting results of Postal Ballot along with copy of minutes.

  • Varroc Engineering - Postal Ballot Minutes

    18 Dec 2024, 9:49PM Postal Ballot Minutes

  • Varroc Engineering - Shareholders meeting

    18 Dec 2024, 9:21PM Varroc Engineering Limited has informed the Exchange regarding voting results of Postal Ballot along with copy of minutes.

  • Varroc Engineering - Shareholders meeting

    18 Dec 2024, 6:38PM Varroc Engineering Limited has informed the Exchange regarding voting results of Postal Ballot along with copy of minutes.

  • Varroc Engineering - Minutes Of Postal Ballot

    18 Dec 2024, 6:36PM Minutes Postal Ballot

  • Varroc Engineering - Shareholder Meeting / Postal Ballot-Outcome of Postal_Ballot

    18 Dec 2024, 6:34PM Postal Ballot Result

  • Varroc Engineering - Shareholders meeting

    18 Dec 2024, 6:32PM Varroc Engineering Limited has informed the Exchange regarding Proceedings of Postal Ballot. Further, the company has submitted the Exchange a copy of

  • Varroc Engineering - Shareholder Meeting / Postal Ballot-Scrutinizer\s Report

    18 Dec 2024, 6:32PM Postal Ballot Result_Scrutniser's Report

  • Varroc Engineering - Trading Window

    18 Dec 2024, 5:31PM Varroc Engineering Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulation

  • Varroc Engineering - Updates

    16 Dec 2024, 5:18PM Varroc Engineering Limited has informed the Exchange regarding 'Details of interest/ principal payment obligations for NCD for Q4 of FY 2024-25'.

  • Varroc Engineering - Compliance-57 (4) : Prior intimation to the beginning of the quarter

    16 Dec 2024, 5:18PM Details of Interest /Principal payment obligation for NCD for Q4 of FY 2024-25

  • Varroc Engineering - Trading Window-XBRL

    16 Dec 2024, 11:19AM VARROC ENGINEERING LIMITED has informed the Exchange about Closure of Trading Window

  • Varroc Engineering

    29 Nov 2022 , 10:05AM The rating agency ICRA, has removed the company from rating watch with developing implications and assigned stable outlook. had placed the ratings of Varroc Engineering Ltd (VEL) on watch with developing implications in May 2022, following the announcement of the planned divestment of its overseas four-wheeler (4W) lighting business located in the US, Mexico and Europe under its overseas subsidiary, Varroc Lighting Systems (VLS), and its global R&D support to Plastic Omnium SE (PO), France. The divestment has been successfully concluded on October 6, 2022, with the deal consideration ultimately finalised at Euro 520 million (vis-à-vis Euro 600 million indicated in April 2022), and the net cash accretion to VEL at Euro 8.5 million (vis-à-vis Euro 160-175 million expected earlier). The successful closure has enabled VEL to considerably deleverage and focus on its continuing operations, going forward. Positive read thru

  • Varroc Engineering

    7 Oct 2022 , 10:23AM Varroc Engineering: The company amends agreement for 4-wheeler lighting biz sale in Americas and Europe. The consideration price base has reduced to Euro 520 Mn from Euro 600 Mn. The company has a concall today to discuss the transaction.

  • Varroc Engineering

    29 Sep 2022 , 11:08AM The company has announced the joining of K Mahendra Kumar as the Group’s Chief Financial Officer today. He joins Varroc Group from Tube Investments of India Ltd where he was an Executive Vice President and Chief Financial Officer for over five years. This is positive as Mr Mahendra brings on board his experience in M&As and EV space, where the company has a strong focus. Mr Mahendra is a recipient of strategy awards for enhancing competitiveness through M&As at the 5th BW (Business World) CFO Awards 2021. Positive

  • Varroc Engineering

    9 May 2022 , 11:21AM The rating agency, ICRA, has placed the company’s rating on watch with the developing implications. The company has recently signed a binding securities purchase agreement (SPA) with Plastic Omnium SE (PO), France, for 100% divestment in its overseas 4-wheeler lighting business located in US, Mexico and Europe under Varroc Lighting Systems (VLS) as well as the global R&D support. As per ICRA, the divestment of stake in VLS is likely to have a positive material impact on the credit profile of the company, leading to significant deleveraging of its balance sheet; VEL is likely to have negative net debt position post the divestment. ICRA would continue to monitor the developments related to the divestment, and take appropriate rating action, post analysing the impact of the same on VEL’s credit profile.

  • Varroc Engineering

    29 Apr 2022 , 10:43AM The company, along with its wholly-owned subsidiary VarrocCorp Holding B.V. Netherlands, have entered into a Securities Purchase Agreement with Compagnie Plastic Omnium Se, France for divestment of the 4-Wheeler Lighting Business of the Company in the Americas and Europe. The transaction is for Euro 600 million and see Varroc divesting its lighting System operations in the USA, Brazil, Mexico, Poland, Czech Republic, Germany, Turkey, and Morocco. Varroc will also continue to operate its China JV and other international 2-wheeler businesses in countries like Italy and Vietnam and global electronics businesses in Poland and Romania. The company is retaining its 4-wheeler lighting operations in Asia. The divestment is part of Varroc's strategy to align its resources with the high value and high growth primary markets in China, India, and the two-wheeler sector globally. The company will focus on the existing growth of electronics, connectivity, electrical vehicles (EVs) product lines and the 2-wheeler segment globally. Positive

  • Varroc to focus on electronics, connectivity, EV product lines, and the 2-wheeler segment globally

    29 Apr 2022 , 9:40AM Securities Purchase Agreement has been sign with Plastic Omnium of France

  • Varroc Engineering

    19 Apr 2022 , 9:14AM As per media, the company is likely to sell its global lighting business Varroc Lighting System (VLS) at an enterprise value of Euro 600 mn ($650 mn) to a leading European component maker in order to reduce its debts. The company has a debt of around ~Rs3,100 crore and debt to equity of 1.2x. The VLS business has sales turnover of ~Rs7,700 crore and contributes 60% of total revenues. The sale of VLS business will help to reduce company’s debt, however, the valuation at 0.6x its sales would not be attractive.

  • Varroc Engineering

    8 Dec 2021 , 10:31AM The rating agency, ICRA, has downgraded its rating for Varroc Engineering to A-/A2+ from A+/A1 and revised outlook to negative from stable, due to weaker-than-expected operating and financial performance of the Group, especially in its global lighting business (under Varroc Lighting Systems or VLS). The company’s revenue has weakened in Europe and North America, owing to production cuts and subdued offtake from its key customers. Negative

  • Varroc Engineering

    24 Jun 2021 , 10:04AM Varroc Engineering: The credit rating, ICRA, has downgraded the credit rating for the company to A+(Stable)/A1 from AA-/A1+, while the outlook has been revised to stable from negative, due to the continued weakening of the company’s financial profile as reflected by moderation in profitability, debt protection metrics and capital structure in FY2020 and FY2021.

  • Varroc Engineering signs MoU with Candera GmbH for automotive applications

    9 Jun 2021 , 11:47AM Varroc Engineering signs a MoU with Candera GmbH to integrate HMI technology in their TFT Instrument Clusters for Automotive applications

  • Varroc Engineering

    26 Mar 2021 , 10:23AM The company has approved closure of QIP on March 25 and allocation of 1.79 crore equity shares at an issue price of Rs 389 per equity share. The issue price is at a premium of 5.70% to Thursday closing price.

  • Varroc Engineering

    23 Mar 2021 , 9:41AM Varroc Engineering: The company launches QIP in order to raise funds at floor price of Rs 395.41 per share, which is a 2.8% discount to Monday's closing price. The board will meet again on or after March 25 to consider and approve the issue price for the QIP.

  • Delta-Q Tech, Varroc Engg enter into an arrangement for contract manufacturing

    18 Mar 2021 , 2:53PM Delta-Q Technologies Corp, Varroc Engineering enter into an arrangement for contract manufacturing of battery chargers in India

  • Varroc Engineering

    10 Feb 2021 , 10:21AM Varroc Engineering reported net loss (adjusted to one time exceptional expense) of Rs 29 crore in Q3FY21 as against of net profit of Rs 29.3 crore in Q3FY20. Consolidated revenue from operations for the quarter was Rs3,492 crore, an increase of 25% y-o-y. The EBITDA for the quarter was at Rs 245 crore, a decline of 8.8% over Q3 FY20. EBITDA margins declined 260 bps y-o-y to 7% in Q3FY21, mainly due to lower margins in VLS. VLS margin declined due to COVID 2nd wave related heavy absenteeism, coupled with higher OEM demand for Czech plants, resulting in high overtime and premium freight to be able to meet the delivery schedules. Continued losses in new plants – Poland and Morocco also hampered the margins.

  • Varroc Engg acquires balance 30% stake in Romanian unit

    10 Dec 2020 , 11:08AM Acquisition of stake in Romanian Joint Venture Company

  • Ashok Leyland, Varroc Engineering

    26 Jun 2020 , 10:54AM Ashok Leyland: Has allotted Non convertible Debentures (NCD) worth Rs 200 crore on a private placement basis

  • Varroc Engineering

    19 Jun 2020 , 9:58AM To consider raising capital via issue of NCDs on June 25.

  • Varroc Engineering

    8 Apr 2020 , 10:42AM Varroc Engineering: Highlights of conference call

  • Varroc Engg arm to set up new facility at Chennai, Poland

    13 Jul 2018 , 11:16AM Varroc Engg wholly owned step-down subsidiary, Varroc Lighting Systems INC. USA, approved the proposed setting up of new facilities at Chennai

  • Varroc Engineering lists at 5% premium to issue price

    6 Jul 2018 , 12:03PM Varroc Engineering made a decent debut on Friday, listing at Rs1,032 on BSE, a 6.72% premium over its issue price of Rs967. On NSE, the scrip got listed at Rs1,015, up 4.96%
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Key fundamentals

Evaluate the intrinsic value of Varroc Engineering Ltd stock 

Name March-24 March-23 March-22 March-21 March-20
Assets 2157.409 2200.357 3103.659 2294.665 1557.529
Liabilities 2157.409 2200.357 3103.659 2294.665 1557.529
Equity 15.279 15.279 15.279 15.279 13.481
Gross Profit 449.2 265.994 241.42 236.208 242.853
Net Profit 357.067 -1386.794 25.985 92.162 103.868
Cash From Operating Activities 525.303 212.615 427.655 159.57 355.106
NPM(%) 7.87 -35.39 0.78 3.59 4.15
Revenue 4534.963 3917.89 3291.807 2561.778 2498.15
Expenses 4085.763 3651.896 3050.387 2325.57 2255.297
ROE(%) 22.21 -86.29 1.61 5.73 6.46

Shareholding Pattern

Corporate Action

XD-Date Dividend-Amount Dividend-% Dividend Yield(%GE) Price on that day
25 Feb 2020 3 300 0 432.75
08 Aug 2019 4 400 0 495.9

Peers

Other companies within the same industry or sector that are comparable to Varroc Engineering Ltd

Company Price Price (% change) pe(x) EV/EBITDA(x) ROE(%) ROCE(%)
Rico Auto Industries Ltd 61.47 -1.35 28.20 5583.15 283.40 0.98
Munjal Auto Industries Ltd 70.04 2.22 12.67 4126.50 192.45 2.86
Ultra Wiring Connectivity Systems Ltd 182.50 0.00 22.09 214.73 37.45 0.00
TVS Holdings Ltd 8345.50 -1.05 15.16 835.20 7912.08 1.13

Company Info

The Company was incorporated on May 11, 1988 at Mumbai as Varroc Engineering Private Limited, a private limited company under the provisions of the Companies Act, 1956. On July 1, 1997, the Company was converted into a deemed public company under section 43A (1A) of the Companies Act, 1956 and the word "Private" was deleted from the name of the Company. Thereafter, on January 24, 2001 the Company was converted into a private company under section 43A (2A) of the Companies Act, 1956 and the word "Private" was added to the name of the Company. Subsequently, the Company was converted into a public limited company pursuant to approval of the Shareholders at an extraordinary general meeting held on January 25, 2018. On February 5, 2018, the name of the Company was changed to Varroc Engineering Limited and a fresh certificate of incorporation consequent upon conversion to a public limited company was issued to the Company by the RoC.Major events and milestones of the Company2005- Formed Varroc Exhaust Systems Private Limited to manufacture catalytic convertor for twowheelers and three-wheelers2007- Formed a joint venture with Plastic Omnium Auto Exterior SAS, France- Acquired I.M.E.S., Italy2008- Entered into a composite scheme of arrangement between Varroc Lighting Private Limited ("VLPL"), VPPL and the Company whereby VLPL was amalgamated with the Company and the polymer business of the Company was demerged into VPPL2011- Acquired two-wheeler lighting business of TRI.O.M. S.p.A.2012- Acquired the lighting division of Visteon Corporation2014- Acquired of 50% stake in Varroc TYC Corporation, BVI from Viseton International Holdings Inc.- Investment in the Company by Investor Selling Shareholders2018- Acquired 90% stake in Team Concepts through the Subsidiary VPPL- Investment in two- wheeler electronic fuel injection technology by entereing into a joint venture agreement with Dell'Orto S.p.A.- Investment in lighting manufacturing units in Brazil & Morocco- Diversified its business activities by acquiring Team Concepts, which is in the business of manufacturing of auto accessories. 2019 -Amalgamation of Varroc Lighting Systems (India) Pvt. Ltd. with Varroc Engineering Ltd. -Varroc Engineering acquired 74% stake in equity share capital of CarlQ Technologies Pvt. ltd. 2022 -Varroc has signed a Securities Purchase Agreement (SPA) with Compagnie Plastic Omnium SE of France to divest its 4-wheeler lighting systems operations in the Americas and Europe. -Varroc Engineering on Saturday announced that it incorporated a wholly-owned subsidiary, VL Lighting Solutions. 2024 -" Varroc's Kham River CSR Project Named one of Top 5 Contender for World Resources Institute Ross Center Prize for Cities ."

The Company was incorporated on May 11, 1988 at Mumbai as Varroc Engineering Private Limited, a private limited company under the provisions of the Companies Act, 1956. On July 1, 1997, the Company was converted into a deemed public company under section 43A (1A) of the Companies Act, 1956 and the word "Private" was deleted from the name of the Company. Thereafter, on January 24, 2001 the Company was converted into a private company under section 43A (2A) of the Companies Act, 1956 and the word "Private" was added to the name of the Company. Subsequently, the Company was converted into a public limited company pursuant to approval of the Shareholders at an extraordinary general meeting held on January 25, 2018. On February 5, 2018, the name of the Company was changed to Varroc Engineering Limited and a fresh certificate of incorporation consequent upon conversion to a public limited company was issued to the Company by the RoC.Major events and milestones of the Company2005- Formed Varroc Exhaust Systems Private Limited to manufacture catalytic convertor for twowheelers and three-wheelers2007- Formed a joint venture with Plastic Omnium Auto Exterior SAS, France- Acquired I.M.E.S., Italy2008- Entered into a composite scheme of arrangement between Varroc Lighting Private Limited ("VLPL"), VPPL and the Company whereby VLPL was amalgamated with the Company and the polymer business of the Company was demerged into VPPL2011- Acquired two-wheeler lighting business of TRI.O.M. S.p.A.2012- Acquired the lighting division of Visteon Corporation2014- Acquired of 50% stake in Varroc TYC Corporation, BVI from Viseton International Holdings Inc.- Investment in the Company by Investor Selling Shareholders2018- Acquired 90% stake in Team Concepts through the Subsidiary VPPL- Investment in two- wheeler electronic fuel injection technology by entereing into a joint venture agreement with Dell'Orto S.p.A.- Investment in lighting manufacturing units in Brazil & Morocco- Diversified its business activities by acquiring Team Concepts, which is in the business of manufacturing of auto accessories. 2019 -Amalgamation of Varroc Lighting Systems (India) Pvt. Ltd. with Varroc Engineering Ltd. -Varroc Engineering acquired 74% stake in equity share capital of CarlQ Technologies Pvt. ltd. 2022 -Varroc has signed a Securities Purchase Agreement (SPA) with Compagnie Plastic Omnium SE of France to divest its 4-wheeler lighting systems operations in the Americas and Europe. -Varroc Engineering on Saturday announced that it incorporated a wholly-owned subsidiary, VL Lighting Solutions. 2024 -" Varroc's Kham River CSR Project Named one of Top 5 Contender for World Resources Institute Ross Center Prize for Cities ."

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Parent Organisation

Varroc Engineering Ltd.

Founded

11/05/1988

Managing Director

Mr.Arjun Jain

NSE Symbol

VARROCEQ

FAQ

The current price of Varroc Engineering Ltd is ₹ 412.40.

The 52-week high for Varroc Engineering Ltd is ₹ 425.90 and the 52-week low is ₹ 411.00.

The market capitalization of Varroc Engineering Ltd is currently ₹ 6300.91. This value can fluctuate based on stock price movements and changes in the number of shares outstanding.

To buy Varroc Engineering Ltd shares, you need to have a brokerage account. First, choose a reputable brokerage firm, open an account, and complete the necessary KYC procedures.

To invest in Varroc Engineering Ltd, you need a brokerage account. After opening an account and completing the KYC process, you can fund your account and use the trading platform to purchase Varroc Engineering Ltd shares.

The CEO of Varroc Engineering Ltd is Mr.Arjun Jain, who has been leading the company with a vision to expand its renewable energy portfolio and drive sustainable growth.

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