Varroc Engineering Ltd
Varroc Engineering Ltd (VARROC) last reported results for the quarter ended Jun 2026, with sales of ₹2,634 crore and net profit of ₹78 crore. The next scheduled event is a record date on 22 Dec 2026. The stock last traded at ₹803, a market capitalisation of ₹12,266 crore, on a P/E of 42.9. Over the past 52 weeks the stock has ranged between ₹462 and ₹912. Figures are as of 6 Oct 2026 and are not real time.
Varroc Engineering Ltd share price and key metrics
- Current price
- ₹803
- Market cap
- ₹12,266 cr
- Stock P/E
- 42.9
- Book value
- ₹117
- ROE
- 15.1%
- ROCE
- 19.0%
- Dividend yield
- 0.18%
- 52w high / low
- 912/462
Metrics as of 6 Oct 2026. Not real time.
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Varroc Engineering Ltd growth and returns
- 10 Years
- 1%
- 5 Years
- 15%
- 3 Years
- 9%
- TTM
- 15%
- 10 Years
- -4%
- 5 Years
- 19%
- 3 Years
- 32%
- TTM
- 51%
- 10 Years
- %
- 5 Years
- 22%
- 3 Years
- 18%
- 1 Year
- 34%
- 10 Years
- -2%
- 5 Years
- -13%
- 3 Years
- 20%
- Last Year
- 15%
Varroc Engineering Ltd quarterly results
In the quarter ended Jun 2026, sales were ₹2,634 cr, up 29.9% from ₹2,028 cr a year earlier. Net profit was ₹78 cr, down 27.1% year on year.
| ₹ crore | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 2,081 | 2,075 | 2,099 | 2,028 | 2,207 | 2,288 | 2,368 | 2,634 |
| Expenses | 1,873 | 1,889 | 1,878 | 1,833 | 2,004 | 2,078 | 2,146 | 2,412 |
| Operating profit | 208 | 186 | 221 | 195 | 203 | 210 | 222 | 222 |
| OPM % | 10% | 9% | 11% | 10% | 9% | 9% | 9% | 8% |
| Other income | 7 | -88 | -51 | 67 | 3 | -100 | 7 | 7 |
| Interest | 43 | 42 | 41 | 36 | 32 | 31 | 35 | 31 |
| Depreciation | 82 | 81 | 81 | 81 | 83 | 82 | 86 | 84 |
| Profit before tax | 91 | -25 | 47 | 144 | 92 | -3 | 109 | 114 |
| Tax % | 36% | 82% | 51% | 25% | 31% | 245% | 35% | 32% |
| Net profit | 58 | -45 | 23 | 107 | 63 | -11 | 70 | 78 |
| EPS (₹) | 3.64 | -3.10 | 1.35 | 6.88 | 3.99 | -0.67 | 4.54 | 5.06 |
Consolidated figures as reported by the company. Percentages are as published; totals may not sum exactly.
Varroc Engineering Ltd annual results
| ₹ crore | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 9,299 | 10,279 | 12,036 | 11,122 | 4,374 | 5,844 | 6,891 | 7,552 | 8,154 | 8,890 | 9,497 |
| Operating profit | 582 | 881 | 1,059 | 816 | 338 | 360 | 575 | 756 | 775 | 821 | 857 |
| OPM % | 6% | 9% | 9% | 7% | 8% | 6% | 8% | 10% | 10% | 9% | 9% |
| Net profit | 313 | 451 | 429 | 3 | -629 | -1,107 | -817 | 532 | 70 | 230 | 200 |
| EPS (₹) | 254.29 | 36.57 | 31.54 | 0.01 | -41.36 | -72.64 | -53.66 | 34.43 | 4.01 | 14.73 | 12.92 |
TTM is the trailing twelve months to the most recent quarter.
Varroc Engineering Ltd balance sheet
| ₹ crore | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity capital | 11 | 12 | 13 | 13 | 15 | 15 | 15 | 15 | 15 | 15 |
| Reserves | 2,172 | 2,815 | 3,053 | 2,991 | 3,013 | 1,973 | 961 | 1,482 | 1,550 | 1,765 |
| Borrowings | 1,510 | 1,194 | 2,432 | 4,255 | 3,695 | 1,625 | 1,806 | 1,390 | 1,118 | 925 |
| Other liabilities | 2,154 | 2,780 | 3,142 | 3,644 | 4,369 | 7,375 | 1,832 | 1,643 | 1,984 | 2,163 |
| Total liabilities | 5,847 | 6,802 | 8,641 | 10,904 | 11,092 | 10,989 | 4,614 | 4,530 | 4,667 | 4,868 |
| Fixed assets | 2,396 | 2,804 | 3,560 | 5,283 | 5,231 | 2,046 | 2,051 | 2,027 | 2,016 | 2,232 |
| CWIP | 293 | 344 | 999 | 790 | 856 | 140 | 135 | 80 | 103 | 151 |
| Investments | 293 | 360 | 362 | 330 | 376 | 388 | 421 | 530 | 69 | 88 |
| Other assets | 2,867 | 3,294 | 3,720 | 4,500 | 4,629 | 8,416 | 2,007 | 1,893 | 2,479 | 2,396 |
| Total assets | 5,847 | 6,802 | 8,641 | 10,904 | 11,092 | 10,989 | 4,614 | 4,530 | 4,667 | 4,868 |
As reported by the company. Total assets equal total liabilities by construction.
Varroc Engineering Ltd cash flow
| ₹ crore | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | 676 | 1,075 | 474 | 1,414 | 474 | 636 | 686 | 638 | 737 | 537 |
| Cash from investing | -577 | -545 | -1,769 | -1,259 | -613 | -762 | -448 | -166 | -245 | -118 |
| Cash from financing | 94 | -523 | 1,129 | 733 | -152 | -335 | -216 | -664 | -490 | -405 |
| Net cash flow | 193 | 6 | -166 | 888 | -292 | -461 | 22 | -192 | 1 | 14 |
| Free cash flow | 52 | 497 | -951 | 27 | -254 | -208 | 116 | 420 | 465 | 87 |
| CFO / operating profit | 125% | 136% | 57% | 189% | 146% | 197% | 135% | 92% | 94% | 69% |
Negative figures are outflows. CFO / operating profit is a ratio, not an amount.
Varroc Engineering Ltd operating ratios
| Per year | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| ROCE % | 12% | 16% | 13% | 3% | 3% | 2% | 8% | 17% | 17% | 19% |
| Debtor days | 45 | 50 | 41 | 36 | 137 | 32 | 32 | 24 | 30 | 30 |
| Inventory days | 46 | 49 | 43 | 56 | 164 | 58 | 55 | 52 | 51 | 60 |
| Days payable | 94 | 114 | 99 | 124 | 396 | 127 | 99 | 94 | 98 | 97 |
| Cash conversion cycle | -3 | -15 | -15 | -32 | -95 | -36 | -12 | -19 | -16 | -8 |
| Working capital days | -17 | -16 | -49 | -96 | -217 | -18 | -77 | -33 | -35 | -23 |
Ratios as computed by the source from the reported statements. Rows a company does not report are omitted.
Varroc Engineering Ltd shareholding pattern
Promoters held 75.00% at Jun 2026, broadly unchanged since Jun 2025. FIIs 4.29% and DIIs 11.18%.
| % held | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 75.00% | 75.00% | 75.00% | 75.00% | 75.00% | 75.00% | 75.00% | 75.00% |
| FIIs | 3.80% | 3.89% | 3.92% | 3.99% | 4.30% | 4.36% | 4.45% | 4.29% |
| DIIs | 12.65% | 12.49% | 12.79% | 13.03% | 12.75% | 12.40% | 11.35% | 11.18% |
| Public | 8.54% | 8.62% | 8.30% | 7.99% | 7.97% | 8.23% | 9.20% | 9.53% |
| No. of shareholders | 99,500 | 98,417 | 95,594 | 91,287 | 88,841 | 85,292 | 84,692 | 83,288 |
As disclosed by the company to the exchanges. The last row is a count of shareholders, not a percentage.
Upcoming Varroc Engineering Ltd events
The next scheduled event is a record date on 22 Dec 2026.
- Record dateRecord date for redemption and interest payment of Commercial Papers
- Corporate eventDiscontinuation of manufacturing and reorganization of R&D activities in Italy by Varroc Italy S.p.A.
See the full results calendar for every Indian company reporting in the next 30 days.
Varroc Engineering Ltd corporate filings
- Certificate pursuant to Reg 74 of SEBI (DP) Regulations, 2018Company Updatelow impact
- Nil Deviation Report on Utilization of Issue Proceeds Filed by Varroc Engineering LtdCompany Updatelow impact
Cruxal's analysis: Varroc Engineering Ltd submitted a statement confirming there has been no deviation in…
Read the full analysis - Certificate for Commercial Paper issued for quarter ended September 30, 2026Company Updatelow impact
Cruxal's analysis: Varroc Engineering Ltd has issued a certificate for its commercial paper for the quarter…
Read the full analysis - No financial or strategic update; regulatory filing pertains solely to appointment of compliance officer and share transfer agentCompany Updatelow impact
Cruxal's analysis: Varroc Engineering Limited has filed a regulatory update confirming the appointment of…
Read the full analysis - Varroc Engineering Ltd to close manufacturing operations of Varroc Italy S.P.A.Company Updatelow impact
Cruxal's analysis: Varroc Engineering has announced the closure of its manufacturing operations in Italy as…
Read the full analysis - Varroc Engineering Ltd announces record date for commercial paper issuanceCompany Updatelow impact
Cruxal's analysis: Varroc Engineering Ltd has issued an intimation regarding the record date for its…
Read the full analysis - Varroc Engineering Ltd announces change in names of Promoter TrustsCompany Updatelow impact
Cruxal's analysis: Varroc Engineering Ltd has filed an intimation regarding the change in names of its…
Read the full analysis - Varroc Engineering Ltd allots Commercial Papers worth 50 CroresCompany Updatelow impact
Cruxal's analysis: Varroc Engineering Ltd has announced the allotment of Commercial Papers amounting to 50…
Read the full analysis - Closure of Trading WindowInsider Trading / SASTlow impact
- Varroc Engineering Limited receives improved independent ESG rating of 70.7 from SES ESGCompany Updatelow impact
Cruxal's analysis: Varroc Engineering Limited has been assigned an independent ESG rating of 70.7 by SES ESG…
Read the full analysis - Varroc Engineering Limited receives 'Strong' ESG rating of 62 from CRISILCompany Updatelow impact
Cruxal's analysis: Varroc Engineering Limited has been independently assigned an ESG rating of 'Crisil ESG…
Read the full analysis - Varroc Engineering Ltd provides update on ongoing litigationCompany Updatelow impact
Cruxal's analysis: Varroc Engineering has issued a regulatory intimation regarding the status of ongoing…
Read the full analysis - Varroc Engineering Ltd cancels investor meet scheduled for August 27, 2026Company Updatelow impact
Cruxal's analysis: Varroc Engineering has formally announced the cancellation of an investor meeting that…
Read the full analysis - Varroc Engineering Ltd schedules investor meet for August 24, 2026Company Updatelow impact
Cruxal's analysis: Varroc Engineering Ltd has issued an intimation regarding a scheduled analyst/investor…
Read the full analysis - Varroc Engineering Outlines Ambitious INR 20,000 Crore Revenue Target by FY31; Addresses Audit QualificationsAGM/EGMmedium impact
Cruxal's analysis: Varroc Engineering Limited held its 38th Annual General Meeting, where management…
Read the full analysis - Varroc Engineering Ltd confirms redemption of Commercial PapersCompany Updatelow impact
Cruxal's analysis: Varroc Engineering Ltd has announced the successful redemption of its Commercial Papers…
Read the full analysis - Varroc Engineering Limited files recording of 38th Annual General MeetingAGM/EGMlow impact
Cruxal's analysis: Varroc Engineering Limited has submitted the audio/video recording of its 38th Annual…
Read the full analysis - Varroc Engineering Limited Concludes 38th AGM; Shareholders Approve Borrowing Limits and NCD IssuanceAGM/EGMmedium impact
Cruxal's analysis: Varroc Engineering Limited has successfully concluded its 38th Annual General Meeting…
Read the full analysis - Varroc Engineering Ltd: Filing of Press Release under Regulation 30Company Updatelow impact
Cruxal's analysis: Varroc Engineering Ltd has submitted a press release under Regulation 30 of the SEBI…
Read the full analysis - Varroc Engineering Ltd schedules analyst/investor meetingCompany Updatelow impact
Cruxal's analysis: Varroc Engineering has issued an intimation regarding an upcoming analyst/investor meet…
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