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 ₹577.5
Source: S&P Global Market Intelligence
Varroc Engineering Ltd Share analysis
Varroc Engineering Ltd price forecast by 4 analysts
Upside of13.98%
High
₹730
Target
₹577.50
Low
₹460
Varroc Engineering Ltd target price ₹577.5, a slight upside of 13.98% compared to current price of ₹506.65. According to 4 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
Varroc Engineering Ltd revenue growth forecast
Expected growth rate Q1, FY2026:22.98%
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
₹501.65₹513.352 Week's Low
52 Week's High
₹433₹716.9
| Returns % | |
| 1 Month Return | -3.17 % |
| 3 Month Return | -12.44 % |
| 1 Year Return | -10.15 % |
| Market Stats | |
| Previous Close | ₹506.70 |
| Open | ₹501.65 |
| Volume | 1.24L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹7,741.69Cr |
Varroc Engineering Ltd Key Statistics
| P/E Ratio | 14.67 |
| PEG Ratio | 0.59 |
| Market Cap | ₹7,741.69 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 | ₹7,741.69 Cr | 1.99% | 0.80 | ₹532 Cr | ₹7,551 Cr | |
| NA | ₹16,530.95 Cr | 295.61% | 0.78 | ₹193 Cr | ₹5,009 Cr | |
| BUY | ₹17,431.70 Cr | 42.35% | 0.52 | ₹1,125 Cr | ₹9,280 Cr | |
| NA | ₹15,929.13 Cr | 44.18% | 0.72 | ₹325 Cr | ₹4,340 Cr | |
| HOLD | ₹6,220.38 Cr | 30.91% | 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: ₹506.65 per share as on 22 Nov, 2024 04:01 PM
Market Capitalisation: ₹7,741.69Cr 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 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.
Varroc Engineering Announces Board Resignation - 13 Nov, 2024
Varroc Engineering Limited announced the resignation of Mr. Tarun Tyagi as Whole Time Director effective November 13, 2024. The board will continue with Mr. Tarang Jain as Chairman & Managing Director, supported by Whole-Time Directors Mr. Arjun Jain and Mr. Vidyadhar Limaye, along with a team of Independent Directors.
Varroc Group Expands Solar Capacity with AMPIN - 28 Oct, 2024
Varroc Group has signed a Power Purchase Agreement for an additional 27 MWp solar project, increasing their total contracted capacity with AMPIN to over 60 MWp. This initiative aims to meet 70% of their energy requirements with renewable energy, resulting in significant cost savings and a reduced carbon footprint.
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 IMPACTRetail Holding Up
Retail Investor have increased holdings from 8.03% to 8.55% in Sep 2024 quarter
- POSITIVE IMPACT
MF Holding Up
Mutual Funds have increased holdings from 10.17% to 10.25% 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
Price Rise
In the last 7 days, VARROC stock has moved up by 1.6%
- 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 EFFECTPromoter Holding Unchanged
Promoters holdings remained unchanged at 75.00% of holdings in Sep 2024 quarter
- NO EFFECT
Against Peers
In the last 1 year, Samvardhana Motherson International Ltd has given 87.4% return, outperforming this stock by 97.6%
- NO EFFECT
Against Peers
In the last 3 years, Cummins India Ltd has given 270.6% return, outperforming this stock by 201.7%
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 (14.67x)
November 22, 2024
Industry (50.89x)
November 22, 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 1.38%.
Read More about Dividends
Varroc Engineering Ltd Technicals Summary
Bearish
Neutral
Bullish
Varroc Engineering Ltd is currently in a Bearish trading position according to technical analysis indicators.
FAQs on Varroc Engineering Ltd
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Varroc Engineering Ltd (VARROC) share price today is ₹506.65
Varroc Engineering Ltd is listed on NSE
Varroc Engineering Ltd is listed on BSE
- Today’s highest price of Varroc Engineering Ltd is ₹513.3.
- Today’s lowest price of Varroc Engineering Ltd is ₹501.65.
PE Ratio of Varroc Engineering Ltd is 14.67
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 1.24L.
Today’s market capitalisation of Varroc Engineering Ltd(VARROC) is ₹7741.69Cr.
| Varroc Engineering Ltd(VARROC | Price |
|---|---|
52 Week High | ₹716.9 |
52 Week Low | ₹433 |
Varroc Engineering Ltd(VARROC) share price is ₹506.65. It is down -29.33% from its 52 Week High price of ₹716.9
Varroc Engineering Ltd(VARROC) share price is ₹506.65. It is up 17.01% from its 52 Week Low price of ₹433
| Varroc Engineering Ltd(VARROC | Returns |
|---|---|
1 Day Returns | -0.05% |
1 Month Returns | -3.17% |
3 Month Returns | -12.44% |
1 Year Returns | -10.15% |