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Varroc Engineer

  • Market Cap: Mid Cap
  • Industry: Auto Ancillary
  • ISIN: INE665L01035
  • NSEID: VARROC
  • BSEID: 541578
INR
410.90
12.9 (3.24%)
BSENSE

Apr 11, 12:53 PM

BSE+NSE Vol: 57.21 k

Click here to access the older version
  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

406.40413.25

52 Week

365.00717.00
Valuation
Technical
Day's Volume

CASH

57.21 k (-30.17%) Volume

Shareholding (Mar 2025)

FII

3.92%

Held by 77 FIIs

DII

12.80%

Held by 18 DIIs

Promoter

75.00%

iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy
Dashboard
1

Weak Long Term Fundamental Strength with a -6.98% CAGR growth in Net Sales over the last 5 years

  • Low ability to service debt as the company has a high Debt to EBITDA ratio of 4.90 times
  • The company has been able to generate a Return on Equity (avg) of 9.74% signifying low profitability per unit of shareholders funds
2

Negative results in Dec 24

3

Stock is technically in a Bearish range

4

Below par performance in long term as well as near term

stock-summaryMojo Parameters
Mojo Parameters
Loading Valuation Snapshot...
Stock DNA
stock-summary
Industry

Auto Ancillary

stock-summary
Market cap

INR 6,278 Cr (Mid Cap)

stock-summary
P/E

32.00

stock-summary
Industry P/E

28

stock-summary
Dividend Yield

0.00%

stock-summary
Debt Equity

0.62

stock-summary
Return on Equity

32.83%

stock-summary
Price to Book

3.78

Revenue and Profits (1 Year):
Net Sales:
2,075 Cr
(Quarterly Results - Dec 2024)
Net Profit:
-47 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (0%)
TimePeriod
Price Return
Dividend Return
Total Return
6 Months
-28.49%
0%
-28.49%
1 Year
-21.96%
0%
-21.96%
2 Years
56.5%
0%
56.5%
3 Years
1.61%
0%
1.61%
4 Years
9.63%
0%
9.63%
5 Years
209.41%
0%
209.41%

Latest dividend: 3 per share ex-dividend date: Feb-25-2020

Risk Adjusted Returns v/s Sensex stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryKey Factors
Quality key factors stock-summary
Factor
Value
Sales Growth (5y)
-6.98%
EBIT Growth (5y)
4.79%
EBIT to Interest (avg)
-0.47
Debt to EBITDA (avg)
5.82
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
2.40
Tax Ratio
53.71%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
16.72%
ROCE (avg)
1.08%
ROE (avg)
9.74%
Valuation key factors
Factor
Value
P/E Ratio
32
Industry P/E
28
Price to Book Value
3.78
EV to EBIT
15.24
EV to EBITDA
8.97
EV to Capital Employed
2.72
EV to Sales
0.88
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
17.10%
ROE (Latest)
32.83%
Tecnicals key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Mildly Bearish
Dow Theory
Mildly Bearish
Mildly Bearish
OBV
No Trend
No Trend
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Mar 2025stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Promoters

Pledged Promoter Holdings

None

Mutual Funds

Held by 12 Schemes (11.0%)

FIIs

Held by 77 FIIs (3.92%)

Promoter with highest holding

Tarang Jain (39.75%)

Highest Public shareholder

Hdfc Trustee Company Limited-hdfc Flexi Cap Fund (5.35%)

Individual Investors Holdings

6.79%

stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Consolidated) - Dec'24 - QoQ",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is -0.26% vs 9.58% in Sep 2024",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is -185.18% vs 71.80% in Sep 2024",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Sep'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "2,075.26",
          "val2": "2,080.77",
          "chgp": "-0.26%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "185.84",
          "val2": "208.17",
          "chgp": "-10.73%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "41.79",
          "val2": "43.20",
          "chgp": "-3.26%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "-90.92",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "-47.43",
          "val2": "55.68",
          "chgp": "-185.18%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "8.96%",
          "val2": "10.00%",
          "chgp": "-1.04%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Consolidated) - Sep'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": " Growth in half year ended Sep 2024 is 7.78% vs 6.43% in Sep 2023",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": " Growth in half year ended Sep 2024 is 1.85% vs 109.83% in Sep 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Sep'24",
        "Sep'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "3,979.62",
          "val2": "3,692.49",
          "chgp": "7.78%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "382.18",
          "val2": "376.94",
          "chgp": "1.39%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "87.65",
          "val2": "99.15",
          "chgp": "-11.60%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "-20.92",
          "chgp": "100.00%",
          "chgp_class": "positive"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "88.08",
          "val2": "86.48",
          "chgp": "1.85%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "9.60%",
          "val2": "10.21%",
          "chgp": "-0.61%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "header": "Nine Monthly Results Snapshot (Consolidated) - Dec'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 8.57% vs 7.41% in Dec 2023",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is -91.34% vs 154.59% in Dec 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "6,054.88",
          "val2": "5,577.08",
          "chgp": "8.57%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "568.02",
          "val2": "552.53",
          "chgp": "2.80%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "129.44",
          "val2": "148.71",
          "chgp": "-12.96%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "-90.92",
          "val2": "-20.92",
          "chgp": "-334.61%",
          "chgp_class": "negative"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "40.65",
          "val2": "469.17",
          "chgp": "-91.34%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "9.38%",
          "val2": "9.91%",
          "chgp": "-0.53%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Consolidated) - Mar'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Mar 2024 is 9.59% vs 17.92% in Mar 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2024 is 164.16% vs 26.13% in Mar 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Mar'24",
        "Mar'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "7,551.94",
          "val2": "6,891.21",
          "chgp": "9.59%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "773.57",
          "val2": "574.83",
          "chgp": "34.57%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "193.86",
          "val2": "190.30",
          "chgp": "1.87%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "-20.92",
          "val2": "-855.91",
          "chgp": "97.56%",
          "chgp_class": "positive"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "526.02",
          "val2": "-819.84",
          "chgp": "164.16%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "10.24%",
          "val2": "8.34%",
          "chgp": "1.90%",
          "chgp_class": "positive"
        }
      ]
    }
  }
]
Quarterly Results Snapshot (Consolidated) - Dec'24 - QoQstock-summary
Dec'24
Sep'24
Change(%)
Net Sales
2,075.26
2,080.77
-0.26%
Operating Profit (PBDIT) excl Other Income
185.84
208.17
-10.73%
Interest
41.79
43.20
-3.26%
Exceptional Items
-90.92
0.00
Consolidate Net Profit
-47.43
55.68
-185.18%
Operating Profit Margin (Excl OI)
8.96%
10.00%
-1.04%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

QoQ Growth in quarter ended Dec 2024 is -0.26% vs 9.58% in Sep 2024

Direction Arrows
Consolidated Net Profit

QoQ Growth in quarter ended Dec 2024 is -185.18% vs 71.80% in Sep 2024

All Quarterly Resultsstock-summary
Half Yearly Results Snapshot (Consolidated) - Sep'24stock-summary
Sep'24
Sep'23
Change(%)
Net Sales
3,979.62
3,692.49
7.78%
Operating Profit (PBDIT) excl Other Income
382.18
376.94
1.39%
Interest
87.65
99.15
-11.60%
Exceptional Items
0.00
-20.92
100.00%
Consolidate Net Profit
88.08
86.48
1.85%
Operating Profit Margin (Excl OI)
9.60%
10.21%
-0.61%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

Growth in half year ended Sep 2024 is 7.78% vs 6.43% in Sep 2023

Direction Arrows
Consolidated Net Profit

Growth in half year ended Sep 2024 is 1.85% vs 109.83% in Sep 2023

All Half Yearly Resultsstock-summary
Nine Monthly Results Snapshot (Consolidated) - Dec'24stock-summary
Dec'24
Dec'23
Change(%)
Net Sales
6,054.88
5,577.08
8.57%
Operating Profit (PBDIT) excl Other Income
568.02
552.53
2.80%
Interest
129.44
148.71
-12.96%
Exceptional Items
-90.92
-20.92
-334.61%
Consolidate Net Profit
40.65
469.17
-91.34%
Operating Profit Margin (Excl OI)
9.38%
9.91%
-0.53%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in nine months ended Dec 2024 is 8.57% vs 7.41% in Dec 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in nine months ended Dec 2024 is -91.34% vs 154.59% in Dec 2023

All Nine Monthly Resultsstock-summary
Annual Results Snapshot (Consolidated) - Mar'24stock-summary
Mar'24
Mar'23
Change(%)
Net Sales
7,551.94
6,891.21
9.59%
Operating Profit (PBDIT) excl Other Income
773.57
574.83
34.57%
Interest
193.86
190.30
1.87%
Exceptional Items
-20.92
-855.91
97.56%
Consolidate Net Profit
526.02
-819.84
164.16%
Operating Profit Margin (Excl OI)
10.24%
8.34%
1.90%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2024 is 9.59% vs 17.92% in Mar 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in year ended Mar 2024 is 164.16% vs 26.13% in Mar 2023

All Annual Resultsstock-summary
stock-summaryCompany CV
About Varroc Engineering Ltd stock-summary
stock-summary
Varroc Engineering Ltd
Mid Cap
Auto Ancillary
Varroc Engineering Limited was incorporated on May 11, 1988 at Mumbai. The Company was converted into a public limited company and the name of the Company was changed to 'Varroc Engineering Limited' on February 5, 2018. The Company is a global tier-1 (tier-1 companies are companies that directly supply to original equipment manufacturers ('OEMs') automotive component group.
Company Coordinates stock-summary
Company Details
L-4 MIDC, Waluj Aurangabad (Maharashtra) Maharashtra : 431136
stock-summary
Tel: 91-240-6653700/6653699
stock-summary
http://www.varrocgroup.com
stock-summary
investors@varroc.com
Registrar Details
Link Intime India Pvt Ltd, C-13 Pannalal Silk Compound, L B S Marg, Bhandup , Mumbai
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