Varroc Engineering Ltd Analyst Rating
based on 4 analysts
50.00%
Buy
0.00%
Hold
50.00%
Sell
Based on 4 analysts offering long term price targets for Varroc Engineering Ltd. An average target of ₹552.5
Source: S&P Global Market Intelligence
Varroc Engineering Ltd Share analysis
Varroc Engineering Ltd price forecast by 4 analysts
Downside of
High
₹730
Target
₹552.50
Low
₹460
Varroc Engineering Ltd target price ₹552.5, a slight downside of -7.66% compared to current price of ₹598.35. According to 4 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
Varroc Engineering Ltd revenue growth forecast
Expected growth rate Q1, FY2026:23.35%
Forecast
Actual
Including amortisation and stock based compensations
Varroc Engineering Ltd EPS growth forecast
EPS estimate Q1, FY2026:
Forecast
Actual
Source: S&P Global Market Intelligence
Varroc Engineering Ltd Performance
Day's Low
Day's High
₹585.6Day's Price Range₹601.752 Week's Low
52 Week's High
₹43352-Week Price Range₹716.9
| Returns % | |
| 1 Month Return | + 16.75 % |
| 3 Month Return | + 4.16 % |
| 1 Year Return | + 8.96 % |
| Market Stats | |
| Previous Close | ₹589.35 |
| Open | ₹591.00 |
| Volume | 1.65L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹9,141.97Cr |
Varroc Engineering Ltd Key Statistics
| P/E Ratio | 17.33 |
| PEG Ratio | 0.69 |
| Market Cap | ₹9,141.97 Cr |
| P/B Ratio | 8.41 |
| EPS | 34.82 |
| Dividend Yield | 0 |
| Sector | Auto Ancillaries |
| ROE | 34.53 |
Varroc Engineering Ltd Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| HOLD | ₹9,141.97 Cr | 8.71% | 0.80 | ₹532 Cr | ₹7,551 Cr | |
| NA | ₹19,172.59 Cr | 261.44% | 0.78 | ₹193 Cr | ₹5,009 Cr | |
| BUY | ₹18,253.02 Cr | 36.39% | 0.52 | ₹1,125 Cr | ₹9,280 Cr | |
| NA | ₹18,143.77 Cr | 54.41% | 0.72 | ₹325 Cr | ₹4,340 Cr | |
| HOLD | ₹6,520.38 Cr | 31.44% | 0.59 | ₹167 Cr | ₹2,895 Cr |
Varroc Engineering Ltd Mutual Fund Holdings
About Varroc Engineering Ltd
Varroc Engineering's top products include headlamps, tail lamps, fog lamps, mirrors, and instrument clusters. The company also manufactures a range of plastic and polymer components, such as bumpers, spoilers, fuel tanks, and interior trim.
Share Price: ₹598.35 per share as on 24 Dec, 2024 04:01 PM
Market Capitalisation: ₹9,141.97Cr as of today
Revenue: ₹2,080.77Cr as on September 2024 (Q3 24)
Net Profit: ₹57.80Cr as on September 2024 (Q3 24)
Listing date: 06 Jul, 2018
Chairperson Name: TARANG JAIN
| Organisation | Varroc Engineering Ltd |
| Headquarters | |
| Industry | Auto Ancillaries |
| E-voting on shares | Click here to vote |
Key events for Varroc Engineering Ltd
Varroc Engineering Reduces Debt, Boosts Competitiveness - 14 Dec, 2024
Varroc Engineering Ltd has successfully reduced its debt from ₹1,390 crore in March 2024 to ₹1,204 crore in September 2024, marking a 13.4% decrease. This reduction is expected to enhance the company's profitability and competitiveness in the automotive sector.Varroc Engineering Faces Stake Transfer Order - 12 Dec, 2024
The Arbitral Tribunal in Singapore has ordered VarrocCorp Holding BV to transfer its 50% stake in Varroc TYC Corporation to Beste Motors for RMB 310.5 million. The company is evaluating its legal options following the ruling.Varroc Engineering Ordered to Transfer JV Stake - 11 Dec, 2024
A Singapore tribunal has ordered Varroc Engineering to transfer its 50% stake in the joint venture Varroc TYC Corporation to Beste Motors for RMB 310.5 million. The ruling follows a dispute regarding alleged breaches of the shareholders agreement. Varroc is currently assessing the financial and legal implications of the award.Varroc Engineering Sees Surge in Trading Volume - 10 Dec, 2024
On December 10, 2024, Varroc Engineering Ltd experienced a significant trading volume of 1.68 lakh shares, a 30.6 times increase over its two-week average. The stock rose by 12.75% to Rs. 603.30, indicating strong investor interest.Varroc Engineering Sees Surge in Trading Volume - 09 Dec, 2024
On December 9, 2024, Varroc Engineering Ltd experienced significant trading volume increases, with shares rising 2.57% and 3.03% at different times, indicating strong market interest.Varroc Engineering Undergoes Strategic Leadership Change - 03 Dec, 2024
Varroc Engineering is experiencing a significant transformation under the leadership of Fritz Abraham, who became the chief technology officer in April 2024, aiming to enhance the company's global engineering vision.Varroc Engineering Reports Strong Q2 Growth - 21 Nov, 2024
Varroc Engineering's standalone net sales for September 2024 reached Rs 1,249.78 crore, up 12.51% YoY. Net profit surged 2134.31% to Rs 47.14 crore, with EBITDA rising 49.02%. EPS increased to Rs 3.08. However, shares have declined 14.27% over the last 6 months.
Insights on Varroc Engineering Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTPrice Rise
In the last 1 month, VARROC stock has moved up by 16.8%
- POSITIVE IMPACT
Retail Holding Up
Retail Investor have increased holdings from 8.03% to 8.55% in Sep 2024 quarter
- POSITIVE IMPACT
Profit Spike
Netprofit is up for the last 2 quarters, 32.41 Cr → 55.68 Cr (in ₹), with an average increase of 41.8% per quarter
- POSITIVE IMPACT
MF Holding Up
Mutual Funds have increased holdings from 10.17% to 10.25% in Sep 2024 quarter
- POSITIVE IMPACT
Revenue Rich
Revenue is up for the last 2 quarters, 1.90K Cr → 2.08K Cr (in ₹), with an average increase of 8.8% per quarter
NO EFFECTAgainst Peers
In the last 3 years, Cummins India Ltd has given 267.3% return, outperforming this stock by 178.6%
- NO EFFECT
Against Peers
In the last 1 year, Cummins India Ltd has given 66.6% return, outperforming this stock by 57.6%
- NO EFFECT
Promoter Holding Unchanged
Promoters holdings remained unchanged at 75.00% of holdings in Sep 2024 quarter
NEGATIVE IMPACTFII Holding Down
Foreign Institutions have decreased holdings from 4.23% to 3.80% in Sep 2024 quarter
Varroc Engineering Ltd Financials
Index Inclusions
Varroc Engineering Ltd Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 75% | 0.00 | |
| Foreign Institutions | 3.8% | ||
| Mutual Funds | 10.25% | 0.80 | |
| Retail Investors | 8.55% | 6.47 | |
| Others | 2.4% |
Varroc Engineering Ltd Key Indicators
Varroc Engineering Ltd Valuation
Varroc Engineering Ltd in the last 5 years
Lowest (-12.98x)
December 4, 2020
Today (17.33x)
December 24, 2024
Industry (49.82x)
December 24, 2024
Highest (9900.00x)
June 25, 2020
Varroc Engineering Ltd Earnings and Dividends
Varroc Engineering Ltd Earnings Results
Varroc Engineering Ltd’s net profit jumped 2.67% since last year same period to ₹55.68Cr in the Q2 2024-2025. On a quarterly growth basis, Varroc Engineering Ltd has generated 71.8% jump in its net profits since last 3-months.
Read More about Earnings ResultsVarroc Engineering Ltd Dividends February,2020
In the quarter ending December 2019, Varroc Engineering Ltd has declared dividend of ₹3 - translating a dividend yield of 1.17%.
Read More about Dividends
Varroc Engineering Ltd Technicals Summary
Bearish
Neutral
Bullish
Varroc Engineering Ltd is currently in a Bullish trading position according to technical analysis indicators.
FAQs on Varroc Engineering Ltd
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Varroc Engineering Ltd (VARROC) share price today is ₹598.35
Varroc Engineering Ltd is listed on NSE
Varroc Engineering Ltd is listed on BSE
- Today’s highest price of Varroc Engineering Ltd is ₹601.7.
- Today’s lowest price of Varroc Engineering Ltd is ₹585.6.
PE Ratio of Varroc Engineering Ltd is 17.33
PE ratio = Varroc Engineering Ltd Market price per share / Varroc Engineering Ltd Earnings per share
Today’s traded volume of Varroc Engineering Ltd(VARROC) is 1.65L.
Today’s market capitalisation of Varroc Engineering Ltd(VARROC) is ₹9141.97Cr.
| Varroc Engineering Ltd(VARROC | Price |
|---|---|
52 Week High | ₹716.9 |
52 Week Low | ₹433 |
Varroc Engineering Ltd(VARROC) share price is ₹598.35. It is down -16.54% from its 52 Week High price of ₹716.9
Varroc Engineering Ltd(VARROC) share price is ₹598.35. It is up 38.19% from its 52 Week Low price of ₹433
| Varroc Engineering Ltd(VARROC | Returns |
|---|---|
1 Day Returns | 9% |
1 Month Returns | 16.75% |
3 Month Returns | 4.16% |
1 Year Returns | 8.96% |