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Varroc Engineering Ltd

Fri 27/06/2025,15:57:4 NSE: VARROC

₹ 571.00 -9.85 (-1.70%)
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Home Stock Varroc Engineering Ltd

Fri 27/06/2025,16:1:0

Varroc Engineering Ltd

Fri 27/06/2025,15:57:4 | NSE : VARROC

₹ 571.00-9.85 (-1.70%)

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Market Data

Essential tool: analyze, trade, manage, decide.

Open

₹ 582.00

Previous Close

₹ 580.85

Volume

203893

Mkt Cap ( Rs. Cr)

₹8724.10

High

₹ 588.90

Low

₹ 567.85

52 Week High

₹ 704.80

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

0%

Sell Order Quantity

100%

Bid Price

Qty

0.00

0

0.00

0

0.00

0

0.00

0

0.00

0

Bid Total

0

Bid Price

Qty

571.00

35

0.00

0

0.00

0

0.00

0

0.00

0

Bid Total

35

Option Chain

Analyzes market sentiment, predicts Varroc Engineering Ltd' movement.

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News

Media spotlight triggers stock stock attention, sentiment.

  • Varroc Engineering - Intimation_Reg 30

    20 Jun 2025, 6:28PM Regulation 30 update

  • Varroc Engineering - General Updates

    20 Jun 2025, 6:28PM Varroc Engineering Limited has informed the Exchange about General Updates

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

    19 Jun 2025, 9:11PM Schedule of investor meetings on June 24, 2025, June 25, 2025, June 26, 2025 & June 27, 2025

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

    19 Jun 2025, 9:08PM Varroc Engineering Limited has informed the Exchange about Schedule of meet

  • Varroc Engineering - Trading Window

    17 Jun 2025, 10:08AM Varroc Engineering Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulation

  • Varroc Engineering - Trading Window-XBRL

    17 Jun 2025, 9:55AM VARROC ENGINEERING LIMITED has informed the Exchange about Closure of Trading Window

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

    16 Jun 2025, 6:36PM VARROC ENGINEERING LIMITED has informed the Exchange about Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer

  • Varroc Engineering - Change in Management

    16 Jun 2025, 6:34PM Varroc Engineering Limited has informed the Exchange about change in Management

  • Varroc Engineering - Announcement under Regulation 30 (LODR)-Resignation of Director

    16 Jun 2025, 6:22PM Early Retirement of Mr. Vidyadhar Limaye, Whole Time Director

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

    16 Jun 2025, 6:17PM Early retirment of Mr. Vidyadhar Limaye, Whole Time Director of the Company

  • Varroc Engineering - Resignation

    16 Jun 2025, 6:15PM Varroc Engineering Limited has informed the Exchange regarding early retirement of Mr Vidyadhar Limaye as Whole Time Director of the company w.e.f. Ju

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

    16 Jun 2025, 3:44PM Schedule of Meeting

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

    16 Jun 2025, 3:44PM Varroc Engineering Limited has informed the Exchange about Schedule of meet

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

    1 Jun 2025, 11:38AM Varroc Engineering Limited has informed the Exchange about Transcript

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

    1 Jun 2025, 11:40AM Investor Call Transcript

  • Varroc Engineering - Copy of Newspaper Publication

    30 May 2025, 10:51AM Varroc Engineering Limited has informed the Exchange about Copy of Newspaper Publication

  • Varroc Engineering - Updates

    29 May 2025, 6:59PM Varroc Engineering Limited has informed the Exchange regarding 'Asset Cover Certificate'.

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

    29 May 2025, 6:58PM Asset Cover Certificate

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

    29 May 2025, 6:25PM Varroc Engineering Limited has informed the Exchange about Link of Recording

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

    29 May 2025, 6:24PM Investor Call Audio Recording

  • Varroc Engineering - Change in Director(s)

    29 May 2025, 6:19PM Varroc Engineering Limited has informed the Exchange regarding Change in Director(s) of the company.

  • Varroc Engineering - Related Party Transactions

    29 May 2025, 5:04PM Varroc Engineering Limited has informed the Exchange about related Party Transactions

  • Varroc Engineering - Outcome of Board Meeting-XBRL

    29 May 2025, 4:01PM VARROC ENGINEERING LIMITED has informed the Exchange regarding Outcome of Board Meeting held on 29-May-2025 for Dividend

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

    29 May 2025, 3:47PM Varroc Engineering Limited has informed the Exchange about statement of deviation(s) or variation(s) under Reg. 32

  • Varroc Engineering - Nil Statement Of Deviation

    29 May 2025, 3:47PM Nil Statement

  • Varroc Engineering - Shareholders meeting

    29 May 2025, 3:41PM Varroc Engineering Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on August 21, 2025

  • Varroc Engineering - General Updates

    29 May 2025, 3:38PM Varroc Engineering Limited has informed the Exchange about General Updates

  • Varroc Engineering - Record Date

    29 May 2025, 3:30PM Varroc Engineering Limited has informed the Exchange that Record date for the purpose of Dividend is 08-Aug-2025.

  • Varroc Engineering - Amendment to AOA/MOA

    29 May 2025, 3:27PM Varroc Engineering Limited has informed the Exchange regarding the Amendment to AOA/MOA of the company.

  • Varroc Engineering - Press Release

    29 May 2025, 3:21PM Varroc Engineering Limited has informed the Exchange regarding a press release dated May 29, 2025, titled ""Varroc appoints Mr. Akshaykumar Chudasama

  • Varroc Engineering - Press Release

    29 May 2025, 3:18PM Varroc Engineering Limited has informed the Exchange regarding a press release dated May 29, 2025, titled ""Varroc Engineering reports strong profitab

  • Varroc Engineering - Investor Presentation

    29 May 2025, 3:14PM Varroc Engineering Limited has informed the Exchange about Investor Presentation

  • Varroc Engineering - Dividend

    29 May 2025, 3:06PM Varroc Engineering Limited has informed the Exchange that Board of Directors at its meeting held on May 29, 2025, recommended Final Dividend of Re. 1

  • Varroc Engineering - Outcome of Board Meeting

    29 May 2025, 2:57PM Varroc Engineering Limited has informed the Exchange regarding Outcome of Board Meeting held on May 29, 2025.

  • Varroc Engineering - Change in Management

    29 May 2025, 2:47PM Varroc Engineering Limited has informed the Exchange about change in Management

  • Varroc Engineering - Dividend

    29 May 2025, 2:41PM Varroc Engineering Limited has informed the Exchange that Board of Directors at its meeting held on May 29, 2025, recommended Final Dividend of 1 per

  • Varroc Engineering - Outcome of Board Meeting

    29 May 2025, 2:37PM Varroc Engineering Limited has submitted to the Exchange, the financial results for the period ended March 31, 2025.

  • Varroc Engineering - BM Outcome & Result

    29 May 2025, 2:37PM BM outcome & Result

  • Varroc Engineering - Related Party Transaction March 25

    29 May 2025, 4:21PM Related Party Transaction March 25

  • Varroc Engineering - AGM Is On August 21, 2025

    29 May 2025, 3:39PM Annual General Meeting August 21, 2025

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

    29 May 2025, 3:36PM Varroc Declares 100% Dividend

  • Varroc Engineering - Dividend Record Date August 8, 2025

    29 May 2025, 3:34PM Dividend Record date August 8, 2025

  • Varroc Engineering - Corporate Action-Board approves Dividend

    29 May 2025, 3:32PM Dividend Record Date

  • Varroc Engineering - Announcement under Regulation 30 (LODR)-Amendments to Memorandum & Articles of Association

    29 May 2025, 3:26PM Amendment to MOA

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

    29 May 2025, 3:24PM Press Release - Appointment of Mr. Akshaykumar Chudasama as Independent Director

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

    29 May 2025, 3:17PM Press Release Results

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

    29 May 2025, 3:15PM Investor Presentation

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

    29 May 2025, 3:09PM Appointment of New Indepdendent Director & Secretarial Auditor- Board meeting Outcome_Result

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

    29 May 2025, 2:59PM Appointment of New Independent Director

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

    29 May 2025, 2:48PM Appointment & Reappointment of Directors

  • Varroc Engineering Q4 net profit jumps 64.40% at Rs 105.66 cr

    29 May 2025, 2:45PM The company reported standalone net profit of Rs 105.66 crore for the quarter ended March 31, 2025 as compared to Rs 64.27 crore in the same period la

  • Varroc Engineering - Board Meeting Outcome for BM Outcome Results FY 2024-25

    29 May 2025, 2:43PM BM outcome & Results

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

    22 May 2025, 3:47PM Intimation of Investor Call

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

    22 May 2025, 3:47PM Varroc Engineering Limited has informed the Exchange about Schedule of meet

  • Varroc Engineering - Board Meeting Intimation

    22 May 2025, 3:42PM VARROC ENGINEERING LIMITED has informed the Exchange about Board Meeting to be held on 29-May-2025 to consider and approve the Yearly Audited Financia

  • Varroc Engineering - General Updates

    22 May 2025, 3:36PM Varroc Engineering Limited has informed the Exchange about General Updates

  • Varroc Engineering - Others

    22 May 2025, 3:07PM Varroc Engineering Limited has informed the Exchange about Listing of Comemrcial Papers and record date

  • Varroc Engineering - Intimation For Listing Of Commercial Papers(Cps) And Record Date For Redemption Of Cps

    22 May 2025, 3:07PM Lisitng of Commercial Papers

  • Varroc Engineering - Compliances-Reg. 50 (1) - Prior intimation about Board meeting under Regulation 50(1)

    22 May 2025, 3:39PM Board Meeting intimation

  • Varroc Engineering - Board Meeting Intimation

    22 May 2025, 3:37PM Board Meeting Intimation

  • Varroc Engineering - Board Meeting Intimation for The Quarter And Financial Year Ended On March 31, 2025

    22 May 2025, 3:27PM Varroc Engineering Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 29/05/2025 ,inter alia, to consider a

  • Varroc Engineering - Issue of Securities

    21 May 2025, 5:06PM Varroc Engineering Limited has informed the Exchange about issue of Securities

  • Varroc Engineering - Announcement under Regulation 30 (LODR)-Issue of Securities

    21 May 2025, 5:06PM Commercial Paper

  • Varroc Engineering - Registrar & Share Transfer Agent Update

    19 May 2025, 2:28PM Varroc Engineering Limited has informed the Exchange about Registrar & Share Transfer Agent Update

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

    19 May 2025, 2:28PM Update - contact details of RTA

  • Varroc Engineering - Update On _Regulation 30_Settlement Of The Proceedings_Receipt Of Consideration

    7 May 2025, 3:04PM Regulation 30 Update

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

    7 May 2025, 3:04PM Varroc Engineering Limited has informed the Exchange about Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company-Update on _Regula

  • 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

    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-25 March-24 March-23 March-22 March-21
Assets 2643.458 2157.409 2200.357 3103.659 2294.665
Liabilities 2643.458 2157.409 2200.357 3103.659 2294.665
Equity 15.279 15.279 15.279 15.279 15.279
Gross Profit 767.026 449.2 265.994 241.42 236.208
Net Profit 275.85 357.067 -1386.794 25.985 92.162
Cash From Operating Activities 707.333 525.303 212.615 427.655 159.57
NPM(%) 3.74 7.87 -35.39 0.78 3.59
Revenue 7368.582 4534.963 3917.89 3291.807 2561.778
Expenses 6601.556 4085.763 3651.896 3050.387 2325.57
ROE(%) 17.16 22.21 -86.29 1.61 5.73

Shareholding Pattern

Corporate Action

XD-Date Dividend-Amount Dividend-% Dividend Yield(%GE) Price on that day
1 100 0 512.15
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 75.87 0.01 48.02 7724.28 158.18 0.66
Munjal Auto Industries Ltd 74.05 0.38 20.34 5709.00 195.34 1.35
Ultra Wiring Connectivity Systems Ltd 159.85 0.00 19.35 297.07 53.79 0.00
TVS Holdings Ltd 11006.00 0.24 19.13 1155.50 11508.24 0.84

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 ₹ 571.00.

The 52-week high for Varroc Engineering Ltd is ₹ 588.90 and the 52-week low is ₹ 567.85.

The market capitalization of Varroc Engineering Ltd is currently ₹ 8724.10. 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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