Varroc Engineering Ltd (VARROC) — shareholding pattern, promoter holding, financials and share price
About Varroc Engineering Ltd (VARROC)
Varroc Engineering Ltd operates in the Auto Components & Equipments industry, within the Automobile and Auto Components sector. It trades on the NSE as VARROC and on the BSE under scrip code 541578. Its ISIN is INE665L01035.
Varroc Engineering Ltd was incorporated in 1988, is the flagship company of the Chhatrapati Sambhaji Nagar-based Varroc Group. Varroc is a global tier-1 automotive component group. It is engaged in the business of manufacturing and supplying automobile components to a wide range of OEMs across the globe [1]
Varroc Engineering Limited is a global leader in auto technologies, offering a wide range of products in electrical, electronics, lighting, and safety solutions. With a strong presence in India and several international markets, it aims to drive innovation in mobility.
The company has strategically positioned itself in the electric vehicle sector, evident from its latest financials showing that revenue from EV models constituted approximately 14.3% of Q3 FY26 revenue, marking a 53% increase year-on-year.
Listed peers in Auto Components & Equipments: Ramkrishna Forgings Ltd, Lumax Auto Technologies Ltd, Banco Products (India) Ltd, ASK Automotive Ltd, SKF India Ltd, Pricol Ltd.
Valuation & Returns
10 Jul 2026At ₹658.1 a share on 10 Jul 2026, Varroc Engineering Ltd (VARROC) was valued at a price-to-earnings ratio of 43.75x and a price-to-book of 6.42x on a book value of ₹102.43 per share as of Mar 2025. Solomo computes return on equity of 14.69% and return on capital employed of 17.73% from filed results. Earnings ratios use consolidated results for the twelve months Jun 2025 to Mar 2026.
- P/E
- 43.75x
- P/B
- 6.42x
- EPS (TTM)
- ₹15.04
- Book value / share
- ₹102.43
- ROE
- 14.69%
- ROCE
- 17.73%
- ROA
- 4.92%
- Debt / equity
- 0.71x
- Dividend yield
- 0.15%
- EBITDA margin
- 14.8%
- 52-week range
- ₹460.15 – ₹684.9
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, Varroc Engineering Ltd (VARROC) reported revenue of ₹8,890 crore, net profit of ₹230 crore and earnings per share of ₹14.73. That compares with revenue of ₹8,154 crore and net profit of ₹70 crore in Mar 2025. Figures are consolidated, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹2,368 crore and net profit ₹70 crore (consolidated).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 5,844 | 6,891 | 7,552 | 8,154 | 8,890 |
| Net profit (₹ cr) | -1,107 | -817 | 532 | 70 | 230 |
| EPS (₹) | -72.64 | -53.66 | 34.43 | 4.01 | 14.73 |
| Measure | 5Y | 3Y | 1Y |
|---|---|---|---|
| Sales growth | 24.15% | 30.81% | 7.97% |
| Profit growth | 21.57% | 119.78% | -86.90% |
| Stock price CAGR | 13% | 24% | 16% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 75% of Varroc Engineering Ltd (VARROC) (unchanged from the previous quarter), foreign institutional investors (FII) hold 4.29% and domestic institutional investors (DII) hold 11.18%. Market capitalisation was ₹10,055 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Sep 2018.
Largest disclosed public shareholders in Jun 2026: Hdfc Trustee Company Limited-Hdfc Flexi Cap Fund 7.37%, Government Pension Fund Global 2.15%, Motilal Oswal Small Cap Fund 1.39%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 75% | - | 4.29% | 11.18% | 25% |
| Mar 2026 | 75% | - | 4.45% | 11.35% | 25% |
| Dec 2025 | 75% | - | 4.36% | 12.4% | 25% |
| Sep 2025 | 75% | - | 4.29% | 12.74% | 25% |
| Jun 2025 | 75% | - | 3.99% | 13.02% | 25% |
| Mar 2025 | 75% | - | 3.92% | 12.8% | 25% |
| Dec 2024 | 75% | - | 3.9% | 12.49% | 25% |
| Sep 2024 | 75% | - | 3.8% | 12.65% | 25% |