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Varroc Engineering Ltd

Fri 2/05/2025,15:56:14 NSE: VARROC

₹ 437.15 5.10 (1.18%)
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Home Stock Varroc Engineering Ltd

Fri 2/05/2025,16:1:0

Varroc Engineering Ltd

Fri 2/05/2025,15:56:14 | NSE : VARROC

₹ 437.155.10 (1.18%)

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Market Data

Essential tool: analyze, trade, manage, decide.

Open

₹ 430.65

Previous Close

₹ 432.05

Volume

85598

Mkt Cap ( Rs. Cr)

₹6679.06

High

₹ 441.50

Low

₹ 424.30

52 Week High

₹ 716.90

52 Week Low

₹ 374.10

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

83.41%

Hold

7.54%

Sell

9.05%

83.41%

464 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

437.15

94

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0

0.00

0

Bid Total

94

Bid Price

Qty

0.00

0

0.00

0

0.00

0

0.00

0

0.00

0

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 - Credit Rating

    30 Apr 2025, 3:27PM Varroc Engineering Limited has informed the Exchange about Credit Rating

  • Varroc Engineering - Credit Rating- Revision

    30 Apr 2025, 10:36AM Varroc Engineering Limited has informed the Exchange about Credit Rating- Revision

  • Varroc Engineering - Announcement under Regulation 30 (LODR)-Credit Rating

    30 Apr 2025, 10:36AM Credit Rating Upgrade

  • Varroc Engineering - Announcement under Regulation 30 (LODR)-Credit Rating

    30 Apr 2025, 3:26PM Revised Credit Rating - Upgrade

  • Varroc Engineering - Copy of Newspaper Publication

    29 Apr 2025, 12:17PM Varroc Engineering Limited has informed the Exchange about Copy of Newspaper Publication

  • Varroc Engineering - Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent

    28 Apr 2025, 2:18PM VARROC ENGINEERING LIMITED has informed the Exchange about Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer

  • Varroc Engineering - Change in Director(s)

    28 Apr 2025, 2:15PM Varroc Engineering Limited has informed the Exchange regarding Change in Director(s) of the company.

  • Varroc Engineering - Shareholders meeting

    28 Apr 2025, 2:07PM Varroc Engineering Limited has informed the Exchange regarding voting results of undefined held on April 28, 2025 along with copy of minutes.- Postal

  • Varroc Engineering - Shareholders meeting

    28 Apr 2025, 2:02PM 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

    28 Apr 2025, 2:02PM Result Postal Ballot - Scrutiniser's Report

  • Varroc Engineering - Announcement under Regulation 30 (LODR)-Change in Directorate

    28 Apr 2025, 2:14PM Shareholder's Approval Through Postal Ballot for the Appointment of Mrs. Liselott Kilaas as an Indepdendent Director

  • Varroc Engineering - Minutes Of The Special Resolution Passed By Way Of Postal Ballot Through Remote E-Voting Process

    28 Apr 2025, 2:06PM Postal Ballot Minutes

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

    28 Apr 2025, 2:04PM Postal Ballot Result

  • Varroc Engineering - Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A

    25 Apr 2025, 5:52PM <b>Format of Initial Disclosure to be made by an entity identified as a Large Corporate.</b><br/><br/> <table border='1px'><tr> <td><b>Sr. No.</b></td

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

    25 Apr 2025, 5:18PM Varroc Engineering Limited has informed the Exchange about Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company

  • Varroc Engineering - Update On Litigation

    25 Apr 2025, 5:17PM Regulation 30 Intimation

  • Varroc Engineering - Receipt Of An Enforcement Award In Favour Of Varroc

    17 Apr 2025, 11:45AM Regulation 30 Update- Enforcement Award - RMB 310.5 Million

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

    17 Apr 2025, 11:45AM Varroc Engineering Limited has informed the Exchange about Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company-Enforcement Award

  • Varroc Engineering has submitted to BSE the Shareholding Pattern for the Period Ended March 31, 2025

    8 Apr 2025, 7:00PM As of March 2025, 75.00% is owned by Indian Promoters and 25.00% by Public. <p align=justify> Institutional holds 16.71% (Insurance Companies 1.40%) a

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

    3 Apr 2025, 4:45PM Nil Certification

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

    3 Apr 2025, 4:45PM Varroc Engineering Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018

  • Varroc Engineering - Disclosure under SEBI Takeover Regulations

    3 Apr 2025, 4:39PM Varroc Engineering Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Su

  • Varroc Engineering - Updates

    1 Apr 2025, 5:54PM Varroc Engineering Limited has informed the Exchange regarding 'Disclosure under Regulation 54(2) of SEBI (Listing Obligations and Disclosure Requirem

  • Varroc Engineering - Submission Of Statement/ Confirmation W.R.T. Utilization Of Issue Proceeds Under Regulation 32 & 52(7) O

    1 Apr 2025, 5:47PM Nil Deviation Report

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

    1 Apr 2025, 5:47PM Varroc Engineering Limited has informed the Exchange about statement of deviation(s) or variation(s) under Reg. 32

  • Varroc Engineering - General Updates

    1 Apr 2025, 5:43PM Submission of details of appointment of Compliance Officer and Share Transfer Agent

  • Varroc Engineering - Updates

    1 Apr 2025, 5:20PM Varroc Engineering Limited has informed the Exchange regarding 'Half Yearly reporting as per Chapter VIII of the SEBI Master Circular dated August 10,

  • Varroc Engineering - Compliances-Half Yearly Communication - Debt Instruments

    1 Apr 2025, 5:20PM Half Yearly Communication-Debentures as per Chapter VIII of SEBI Master Circular dated August 10, 2021

  • Varroc Engineering - Updates

    1 Apr 2025, 5:11PM Varroc Engineering Limited has informed the Exchange regarding 'Reporting of outstanding Non-Convertible Debentures as on March 31, 2025, issued on Pr

  • Varroc Engineering - Compliances-Half Yearly Report (SEBI Circular No. CIR/IMD/DF-1/67/2017)

    1 Apr 2025, 5:11PM Half Yearly Reporting of Outstanding NCDs under SEBI circular CIR/IMD/DF-1/67/2017

  • Varroc Engineering - Updates

    1 Apr 2025, 5:05PM Varroc Engineering Limited has informed the Exchange regarding 'Confirmation of payment of interest/ principal obligations for Non-Convertible Securit

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

    1 Apr 2025, 5:05PM Confirmation of Payment of interest/Principal obligations for Q-4 FY 2024-25

  • Varroc Engineering - Spurt in Volume

    1 Apr 2025, 4:01PM Significant increase in volume has been observed in Varroc Engineering Limited. The Exchange, in order to ensure that investors have latest relevant i

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

    1 Apr 2025, 5:53PM Confirmation on Asset Coverage-Q4 FY 2024-25

  • Varroc Engineering - Intimation

    31 Mar 2025, 12:14PM Intimation Reg 30

  • Varroc Engineering - Action(s) taken or orders passed

    31 Mar 2025, 12:14PM Varroc Engineering Limited has informed the Exchange about Action(s) taken or orders passed

  • Varroc Engineering - Copy of Newspaper Publication

    28 Mar 2025, 1:49PM Varroc Engineering Limited has informed the Exchange about Copy of Newspaper Publication

  • Varroc Engineering - Shareholders meeting

    27 Mar 2025, 2:25PM Varroc Engineering Limited has informed the Exchange regarding Notice of Postal Ballot

  • Varroc Engineering - Shareholder Meeting / Postal Ballot-Notice of Postal Ballot

    27 Mar 2025, 2:25PM Postal Ballot Notice

  • Varroc Engineering - Shareholders meeting

    27 Mar 2025, 2:23PM Varroc Engineering Limited has informed the Exchange regarding Notice of Postal Ballot

  • Varroc Engineering - Board Meeting Outcome for Outcome Of Board Meeting 27.03.2025

    27 Mar 2025, 2:15PM Board Meeting Outcome

  • Varroc Engineering - Notice Of Shareholders Meetings-XBRL

    27 Mar 2025, 2:09PM Varroc Engineering Limited has informed the Exchange about Notice of Shareholders Meeting for Postal Ballot

  • Varroc Engineering - Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent

    27 Mar 2025, 2:06PM VARROC ENGINEERING LIMITED has informed the Exchange about Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer

  • Varroc Engineering - Reg 30 Update

    27 Mar 2025, 1:55PM Reg 30 update Board Meeting Outcome

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

    27 Mar 2025, 1:51PM Press Release - Appointment of Indepedent Director

  • Varroc Engineering - Press Release

    27 Mar 2025, 1:50PM Varroc Engineering Limited has informed the Exchange regarding a press release dated March 27, 2025, titled ""Varroc appoints Mrs. Liselott Kilaas as

  • Varroc Engineering - Shareholder Meeting / Postal Ballot-Notice of Postal Ballot

    27 Mar 2025, 1:46PM Conduct of Postal Ballot & calendar of Postal Ballot

  • Varroc Engineering - Shareholders meeting

    27 Mar 2025, 1:45PM Varroc Engineering Limited has informed the Exchange regarding conduct of Postal Ballot.

  • Varroc Engineering - Change in Director(s)

    27 Mar 2025, 1:41PM Varroc Engineering Limited has informed the Exchange regarding Change in Director(s) of the company.

  • Varroc Engineering - Announcement under Regulation 30 (LODR)-Change in Directorate

    27 Mar 2025, 1:41PM Appointment of Mrs. Liselott Kilaas as an Indepdendent Director

  • Varroc Engineering - Change in Management

    27 Mar 2025, 1:38PM Varroc Engineering Limited has informed the Exchange about change in Management-appointment of Mrs. Liselott Kilaas as an Independent Director

  • Varroc Engineering - Announcement under Regulation 30 (LODR)-Change in Management

    27 Mar 2025, 1:37PM \r\nAppointment of Mrs. Liselott Kilaas as an Independent Director

  • Varroc Engineering - Outcome of Board Meeting

    27 Mar 2025, 1:33PM Varroc Engineering Limited has informed the Exchange regarding Board meeting held on March 27, 2025.

  • Varroc Engineering - Announcement under Regulation 30 (LODR)-Meeting Updates

    27 Mar 2025, 1:33PM Board Meeting Outcome 27.03.2025

  • Varroc Engineering - Updates

    25 Mar 2025, 11:56AM Varroc Engineering Limited has informed the Exchange regarding 'Reply to the clarification sought on increase in the Volume'.

  • Varroc Engineering - Reply To The Clarification Sought On Increase In The Volume

    25 Mar 2025, 11:52AM Clarification sought on volume movement of our Security

  • Varroc Engineering - Clarification sought from Varroc Engineering Ltd

    25 Mar 2025, 11:26AM The Exchange has sought clarification from Varroc Engineering Ltd on March 25, 2025, with reference to Movement in Volume.<BR><BR>The reply is awaited

  • Varroc Engineering - Spurt in Volume

    24 Mar 2025, 5:35PM Clarification by Varroc Engineering Limited Substantial increase in trading volumes have been observed in Varroc Engineering Limited. The Exchange, in

  • Varroc Engineering - Trading Window-XBRL

    20 Mar 2025, 6:05PM VARROC ENGINEERING LIMITED has informed the Exchange about Closure of Trading Window

  • Varroc Engineering - Trading Window

    20 Mar 2025, 5:59PM Varroc Engineering Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulation

  • 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

    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 63.22 -0.50 29.00 5909.90 283.40 0.95
Munjal Auto Industries Ltd 72.58 0.44 13.12 4368.00 192.45 2.76
Ultra Wiring Connectivity Systems Ltd 152.10 -5.00 18.41 227.29 37.45 0.00
TVS Holdings Ltd 9090.50 -0.10 15.80 884.08 11508.24 1.02

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 ₹ 437.15.

The 52-week high for Varroc Engineering Ltd is ₹ 441.50 and the 52-week low is ₹ 424.30.

The market capitalization of Varroc Engineering Ltd is currently ₹ 6679.06. 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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