VARROC ENGINEERING LTD. (VARROC) financials

VARROC ENGINEERING LTD. (VARROC) NSE/BSE financials on Fincrux: quarterly results, profit and loss, cash flow, balance sheet, ratios, and shareholding.

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]

Market Cap: ₹12,490Cr.
Current Price: ₹817
Stock P/E: 33.0
ROE: 18.3%
ROCE: 21.7%
Book Value: ₹135
Dividend Yield: 0.18%
52W High / Low: ₹912/462

In Jun 2026, VARROC ENGINEERING LTD. (VARROC) reported sales ₹2,364 Cr and net profit ₹99 Cr.

Annual TTM: sales ₹8,666 Cr, net profit ₹300 Cr.

Shareholding: Promoters 75.00% (Sep 2026), FIIs 4.49% (Sep 2026), DIIs 10.83% (Sep 2026), Public 9.68% (Sep 2026), No. of Shareholders 84,702% (Sep 2026).

VARROC quarterly results (₹ Cr.)
Category	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales	1,885	1,876	1,913	1,843	2,038	2,115	2,150	2,364
Expenses	1,677	1,702	1,692	1,633	1,853	1,896	1,919	2,141
Operating Profit	208	174	221	210	184	219	231	223
OPM %	11%	9%	12%	11%	9%	10%	11%	9%
Other Income	4	-8	7	4	3	-84	3	5
Interest	41	40	39	33	30	28	30	27
Depreciation	63	63	63	62	65	66	68	68
Profit before tax	108	63	126	118	93	41	136	134
Tax %	26%	28%	16%	27%	27%	22%	25%	26%
Net Profit	80	46	106	87	68	32	102	99
EPS in Rs	5.21	2.98	6.92	5.67	4.43	2.10	6.66	6.47
Raw PDF	—	—	—	—	—	—	—	—

VARROC profit and loss (₹ Cr.)
Category	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Sales	2,498	2,562	3,292	3,940	6,676	7,369	8,146	8,666
Expenses	2,254	2,326	3,050	3,652	6,137	6,621	7,334	7,809
Operating Profit	245	236	241	288	539	747	812	857
OPM %	10%	9%	7%	7%	8%	10%	10%	10%
Other Income	72	111	65	-1,302	183	26	-42	-73
Interest	45	56	91	170	184	162	121	114
Depreciation	144	154	170	194	266	252	261	267
Profit before tax	128	137	45	-1,378	271	360	388	403
Tax %	19%	33%	42%	1%	-93%	23%	26%	—
Net Profit	104	92	26	-1,387	525	276	288	300
EPS in Rs	7.70	6.03	1.70	-90.77	34.36	18.05	18.86	19.66
Dividend Payout %	39%	0%	0%	0%	0%	6%	8%	—

VARROC balance sheet (₹ Cr.)
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	13	13	15	15	15	15	15	15
Reserves	1,115	1,124	1,902	1,926	539	1,496	1,772	2,050
Borrowings	394	531	526	1,181	1,746	1,254	965	680
Other Liabilities	515	796	884	1,085	947	1,404	1,660	1,854
Total Liabilities	2,038	2,464	3,327	4,208	3,248	4,169	4,413	4,599
Fixed Assets	882	1,035	1,009	1,128	1,169	1,651	1,657	1,819
CWIP	54	108	157	62	43	46	74	88
Investments	465	441	1,023	1,023	944	914	852	843
Other Assets	638	880	1,138	1,995	1,092	1,559	1,831	1,848
Total Assets	2,038	2,464	3,327	4,208	3,248	4,169	4,413	4,599

VARROC cash flows (₹ Cr.)
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from Operating Activity	342	355	160	428	229	690	707	638
Cash from Investing Activity	-217	-173	-663	-1,208	-427	-245	-231	-233
Cash from Financing Activity	-125	-56	624	576	306	-615	-485	-433
Net Cash Flow	0	126	121	-205	108	-170	-9	-28
Free Cash Flow	109	104	32	225	91	504	444	282
CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit	141%	155%	73%	185%	87%	136%	91%	80%

VARROC shareholding pattern (%)
Category	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Promoters	75.00%	75.00%	75.00%	75.00%	75.00%	75.00%	75.00%	75.00%
FIIs	3.89%	3.92%	3.99%	4.30%	4.36%	4.45%	4.29%	4.49%
DIIs	12.49%	12.79%	13.03%	12.75%	12.40%	11.35%	11.18%	10.83%
Public	8.62%	8.30%	7.99%	7.97%	8.23%	9.20%	9.53%	9.68%
No. of Shareholders	98,417	95,594	91,287	88,841	85,292	84,692	83,288	84,702

VARROC key ratios
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	43	37	52	44	28	19	26	26
Inventory Days	49	62	68	60	57	43	44	50
Days Payable	81	116	123	126	87	92	94	95
Cash Conversion Cycle	12	-17	-3	-22	-2	-30	-25	-20
Working Capital Days	-18	-39	-14	-7	-140	-38	-32	-24
ROCE %	14%	11%	8%	5%	5%	18%	20%	22%

VARROCUpdated 18 Oct 2026, 6:15

Varroc Engineering Ltd.

VARROCUpdated 18 Oct 2026, 6:15

Market Cap

₹12,490Cr.

Current Price

₹817

High / Low

₹912/462

Stock P/E

33.0

ROE18.3%

ROCE21.7%

Book Value₹135

Face Value₹1.00

Dividend Yield0.18%

About

Quarterly results

Last reported quarters₹ Cr.

Quarter	Sales	Interest	Expenses	Other Income	Depreciation	Profit Before Tax	Tax	Net Profit	EPS (₹)
Jun 2023	1054	44	979	-2	47	-19	-28	-14	-0.88
Sep 2023	1111	47	1027	16	50	3	33	2	0.14
Dec 2023	1716	47	1539	5	70	65	-488	382	24.98
Mar 2024	1200	44	1008	4	51	100	36	64	4.21
Jun 2024	1695	42	1531	4	62	63	28	45	2.95
Sep 2024	1885	41	1677	4	63	108	26	80	5.21
Dec 2024	1876	40	1702	-8	63	63	28	46	2.98
Mar 2025	1913	39	1692	7	63	126	16	106	6.92
Jun 2025	1843	33	1633	4	62	118	27	87	5.67
Sep 2025	2038	30	1853	3	65	93	27	68	4.43
Dec 2025	2115	28	1896	-84	66	41	22	32	2.1
Mar 2026	2150	30	1919	3	68	136	25	102	6.66
Jun 2026	2364	27	2141	5	68	134	26	99	6.47

Profit & loss

Annual statement₹ Cr.

Year	Sales	Interest	Expenses	Other Income	Depreciation	Profit Before Tax	Tax	Net Profit	EPS (₹)
Mar 2015	1478	425	1323	19	80	-330	3	-339	-32.37
Mar 2016	1559	-79	1425	16	82	147	3	143	13.63
Mar 2017	1676	47	1515	32	96	50	16	42	3.41
Mar 2018	2047	40	1829	29	102	105	34	70	5.67
Mar 2019	2573	39	2304	51	108	174	31	120	8.87
Mar 2020	2498	45	2254	72	144	128	19	104	7.7
Mar 2021	2562	56	2326	111	154	137	33	92	6.03
Mar 2022	3292	91	3050	65	170	45	42	26	1.7
Mar 2023	3940	170	3652	-1302	194	-1378	1	-1387	-90.77
Mar 2024	6676	184	6137	183	266	271	-93	525	34.36
Mar 2025	7369	162	6621	26	252	360	23	276	18.05
Mar 2026	8146	121	7334	-42	261	388	26	288	18.86
TTM	8666	114	7809	-73	267	403	—	300	19.66

Shareholding pattern

As of Sep 2026%

Holder	Share
Promoters	75%
FIIs	4.49%
DIIs	10.83%
Public	9.68%

Shareholding trend

Ownership over time%

Quarter	Promoters	FIIs	DIIs	Public
Dec 2023	75%	4.57%	11.44%	8.99%
Mar 2024	75%	4.22%	12.15%	8.64%
Jun 2024	75%	4.24%	12.74%	8.04%
Sep 2024	75%	3.8%	12.65%	8.54%
Dec 2024	75%	3.89%	12.49%	8.62%
Mar 2025	75%	3.92%	12.79%	8.3%
Jun 2025	75%	3.99%	13.03%	7.99%
Sep 2025	75%	4.3%	12.75%	7.97%
Dec 2025	75%	4.36%	12.4%	8.23%
Mar 2026	75%	4.45%	11.35%	9.2%
Jun 2026	75%	4.29%	11.18%	9.53%
Sep 2026	75%	4.49%	10.83%	9.68%

Balance sheet

Assets & liabilities₹ Cr.

Period	Equity Capital	Reserves	Borrowings	Other Liabilities	Total Liabilities	Fixed Assets	CWIP	Investments	Other Assets	Total Assets
Mar 2015	10	284	1070	298	1663	727	32	469	436	1663
Mar 2016	10	673	734	330	1747	752	45	477	474	1747
Mar 2017	12	933	485	329	1759	794	25	465	475	1759
Mar 2018	12	998	478	472	1960	801	22	465	672	1960
Mar 2019	13	1115	394	515	2038	882	54	465	638	2038
Mar 2020	13	1124	531	796	2464	1035	108	441	880	2464
Mar 2021	15	1902	526	884	3327	1009	157	1023	1138	3327
Mar 2022	15	1926	1181	1085	4208	1128	62	1023	1995	4208
Mar 2023	15	539	1746	947	3248	1169	43	944	1092	3248
Mar 2024	15	1496	1254	1404	4169	1651	46	914	1559	4169
Mar 2025	15	1772	965	1660	4413	1657	74	852	1831	4413
Mar 2026	15	2050	680	1854	4599	1819	88	843	1848	4599

Cash flows

Operating, investing & financing₹ Cr.

Period	Operating	Investing	Financing	Net cash flow
Mar 2015	39	-21	-21	-2
Mar 2016	46	-85	33	-6
Mar 2017	151	-81	-77	-6
Mar 2018	157	-97	-47	13
Mar 2019	342	-217	-125	0
Mar 2020	355	-173	-56	126
Mar 2021	160	-663	624	121
Mar 2022	428	-1208	576	-205
Mar 2023	229	-427	306	108
Mar 2024	690	-245	-615	-170
Mar 2025	707	-231	-485	-9
Mar 2026	638	-233	-433	-28

Key ratios

Historical financial ratios

Category	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	45	54	55	69	43	37	52	44	28	19	26	26
Inventory Days	55	60	59	55	49	62	68	60	57	43	44	50
Days Payable	80	88	86	96	81	116	123	126	87	92	94	95
Cash Conversion Cycle	20	25	28	28	12	-17	-3	-22	-2	-30	-25	-20
Working Capital Days	30	-43	-10	-12	-18	-39	-14	-7	-140	-38	-32	-24
ROCE %	7%	5%	7%	10%	14%	11%	8%	5%	5%	18%	20%	22%

Frequently asked questions

Quick answers about this company's financials on Fincrux

What is the market cap of VARROC ENGINEERING LTD. (VARROC)?

The reported market capitalisation for VARROC ENGINEERING LTD. (VARROC) is ₹12,490Cr. on Fincrux. Figures may update with market data and filings.

What is the current share price of VARROC?

The current price shown for VARROC ENGINEERING LTD. (VARROC) on Fincrux is ₹817 with a 52-week high/low of ₹912/462.

What is the P/E ratio of VARROC ENGINEERING LTD. (VARROC)?

The stock P/E for VARROC ENGINEERING LTD. (VARROC) is 33.0 on Fincrux, with ROE at 18.3% and ROCE at 21.7%.

What were VARROC latest quarterly results?

For Jun 2026, VARROC ENGINEERING LTD. (VARROC) reported sales ₹2,364 Cr and net profit ₹99 Cr (figures in ₹ crore unless noted).

What are VARROC annual sales and net profit?

For TTM, VARROC ENGINEERING LTD. (VARROC) shows sales of ₹8,666 Cr and net profit of ₹300 Cr on the Fincrux profit & loss statement.

Who owns VARROC ENGINEERING LTD. (VARROC)?

Latest shareholding for VARROC ENGINEERING LTD. (VARROC) on Fincrux: Promoters 75.00% (Sep 2026), FIIs 4.49% (Sep 2026), DIIs 10.83% (Sep 2026), Public 9.68% (Sep 2026), No. of Shareholders 84,702% (Sep 2026).

Where can I find VARROC ENGINEERING LTD. (VARROC) financials?

VARROC ENGINEERING LTD. (VARROC) financials on Fincrux include quarterly results, profit and loss, cash flow, balance sheet, key ratios, and shareholding patterns for NSE/BSE research.

Does Fincrux show VARROC balance sheet and cash flow?

Yes. The VARROC ENGINEERING LTD. (VARROC) page on Fincrux includes balance sheet, cash flow statements, historical ratios, and ownership trends alongside quarterly and annual results.

Figures in ₹ crore unless noted. Data sourced for research and may lag filings.

Last updated 18 October 2026 at 6:15