Varroc Engineering Limited
Varroc Engineering Limited provides aftermarket automotive components and solutions worldwide. It offers e-mobility solutions, such as traction motors, controllers, and DC-DC converters; ice powertrain solutions, including valves, transmission components, crankpins and balancers, and wiper motors; light engines, light control units, and exterior and interior lighting products; and human-machine interface solutions, which include digital instrument clusters, sensors, and ergonomic handlebar switches. The company also provides polymer components, metallic forging and casting products, engine parts, and consumables and accessories; and intelligent cockpits and ADAS solutions, such as driver and cabin monitoring systems, surround view systems, and infotainment systems. In addition, it operates connected vehicle platform that integrates cloud providers, as well as supports device-agnostic connectivity. The company serves passenger cars, commercial vehicles, two and three wheelers, and off-highway vehicles original equipment manufacturers. Varroc Engineering Limited was incorporated in 1988 and is based in Aurangabad, India.
Valuation
Profitability
Returns
Solvency
AI Summary
Indian StockStrengths1
- Strong 5-year revenue CAGR of 21.7%
Concerns1
- Other income is 67.5% of PBT β a large share of earnings is non-operating
Rule-based from financial data. Not advice.
Monthly Returns
Year-to-Date ROI
Historical Volatility
Historical Performance
Revenue, profitability, and cash flow trends (βΉ Crores)
Revenue (10Y)
Operating Income (10Y)
Net Profit (10Y)
Operating Margin % (10Y)
Dividend Payout % (10Y)
Free Cash Flow (10Y)
Growth Summary
Latest fiscal year: Mar 2025
Historical Growth
Year-by-year revenue, profitability, and cash flow (βΉ Crores, last 10 years)
| Year | Revenue | Op. Income | Net Profit | CFO | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|---|
| Mar 2025 | βΉ7.37 K Cr | β | βΉ276.00 Cr | β | β | 15.4% | 10.4% | -47.4% |
| Mar 2024 | βΉ6.68 K Cr | β | βΉ525.00 Cr | β | β | 34.7% | 69.4% | -137.9% |
| Mar 2023 | βΉ3.94 K Cr | β | βΉ-1387.00 | β | β | -250.4% | 19.7% | -5434.6% |
| Mar 2022 | βΉ3.29 K Cr | β | βΉ26.00 Cr | β | β | 1.3% | 28.5% | -71.7% |
| Mar 2021 | βΉ2.56 K Cr | β | βΉ92.00 Cr | β | β | 4.8% | 2.6% | -11.5% |
| Mar 2020 | βΉ2.50 K Cr | β | βΉ104.00 Cr | β | β | 9.1% | -2.9% | -13.3% |
| Mar 2019 | βΉ2.57 K Cr | β | βΉ120.00 Cr | β | β | 10.6% | 25.7% | 71.4% |
| Mar 2018 | βΉ2.05 K Cr | β | βΉ70.00 Cr | β | β | 6.9% | 22.1% | 66.7% |
| Mar 2017 | βΉ1.68 K Cr | β | βΉ42.00 Cr | β | β | 4.4% | 7.5% | -70.6% |
| Mar 2016 | βΉ1.56 K Cr | β | βΉ143.00 Cr | β | β | 20.9% | 5.5% | -142.2% |
Financial Statements
Income statement, balance sheet, and cash flow (βΉ Crores, as reported)
Consolidated Figures in USD Millions.
| Unnamed: 0 | TTM |
|---|---|
| Revenue / Net Sales | 7,670 |
| Total Expenses | 6,880 |
| EBIT / Operating Profit | 790 |
| OPM % | 10% |
| Other Income | 5 |
| Finance Costs | 142 |
| Depreciation & Amortisation | 254 |
| Profit Before Tax | 400 |
| Tax % | - |
| Net Profit / PAT | 305 |
| EPS (βΉ) | 20 |
| Dividend Payout % | - |
Peer Comparison
Automobiles & Components sector peers, ranked by market cap
| Company | Market Cap | Revenue | P/E | P/B | EV/EBITDA | Rev G 1Y |
|---|---|---|---|---|---|---|
| Varroc Engineering Limitedthis co. | βΉ8.62 K Cr | βΉ7.37 K Cr | 26.80 | 4.47 | 13.25 | 10.4% |
| Maruti Suzuki India Ltd. | βΉ5.16 L Cr | βΉ1.52 L Cr | 36.20 | 5.30 | 25.33 | 7.8% |
| Mahindra & Mahindra Ltd. | βΉ4.55 L Cr | βΉ1.19 L Cr | 32.50 | 6.84 | 26.39 | 17.1% |
| Bajaj Auto Limited | βΉ2.67 L Cr | βΉ50.01 K Cr | 30.50 | 8.68 | 26.02 | 11.9% |
| Eicher Motors Ltd. | βΉ2.03 L Cr | βΉ18.45 K Cr | 43.20 | 10.56 | β | 14.8% |
| HYUNDAI MOTOR INDIA LIMITED | βΉ1.88 L Cr | βΉ67.65 K Cr | 33.40 | 11.03 | 17.74 | -1.3% |
| TVS Motor Company Ltd. | βΉ1.78 L Cr | βΉ36.25 K Cr | 56.60 | 18.32 | 49.03 | 14.1% |
| Industry Average | β | βΉ15.02 K Cr | 51.90 | 6.13 | 25.31 | 7.0% |