Varroc Engineering logo

Varroc Engineering share price

NSE: VARROCBSE: 541578Auto ComponentsSmall Cap

Last close ₹764.25down ₹26.75 (3.38%)BSE ₹761.65

Share price at the NSE close on 23 Oct 2026. Previous close ₹791.00.

52-week range of traded prices to 23 Oct 2026
₹462.00Low, 30 Mar 2026₹912.20High, 22 Sep 2026
Market cap
₹11,677 Cr606th largest listed
P/E
59.2
P/E without one-offs
38.6
P/B
6.6
Dividend yield
0.20%
ROE
11.8%
ROE without one-offs
18.1%
ROCE
20.4%
Debt to equity
0.41
Volume, NSE
2,88,35256.5% delivered

Share price

Daily closes since Jul 2018, adjusted for splits and bonuses

+23.6%over a year · Nifty 500 −9.8%

Results20-session average 1,80,927 shares a day, 43.0% delivered

Results

Consolidated; ₹ crore, the charts by years to March, the table by quarter.Quarterly results

Quarter to Jun 2026, against the quarter beforeFiled 6 Aug

Revenue
₹2,634 Crup 11.24%
Net profit
₹78 Crup 10.29%
Net margin
2.9%

Revenue by year

Net profit by year, a loss in red

  • Net profit
  • Loss
A loss in 3 of the 8 years shown

The years either side of a change of basis do not compare. From the year to Mar 2022, the company's revenue for that year, ₹5,844 Cr, differs from its quarters added, ₹10,761 Cr; the company reports a discontinued business.

₹ croreSep 2024Filed 13 NovDec 2024Filed 10 FebMar 2025Filed 13 JunJun 2025Filed 7 AugSep 2025Filed 12 NovDec 2025Filed 5 FebMar 2026Filed 27 MayJun 2026Filed 6 Aug
Revenue2,0812,0752,0992,0282,2072,2882,3682,634
Net profit58−452310763−117078
Net margin2.8%−2.2%1.1%5.3%2.9%−0.5%3.0%2.9%
Consolidated. The last eight quarters. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.

Business segments

Share of revenue, year to Mar 2026, consolidated.Segment revenue and profit

  • Automotive₹8,649 Crup 9.01%97.3%
  • Others₹242 Crup 9.79%2.7%
The pill is the change in revenue on the year before; the share is of all the businesses together.

Valuation

Today, against the company's own history. Its history crosses a change of basis in the accounts in the year to Mar 2022: days before it are of the company before the change.PE ratio and valuation history

Price to earnings

At or below today's level on 62% of 732 trading days over the last 3 years.

LowestHighest
Its median35.2Industry median23.0
Price to book

At or below today's level on 87% of 1,921 trading days since Nov 2018.

LowestHighest
Its median4.1Industry median2.5
EV to EBITDA14.3

At or below today's level on 65% of 1,793 trading days since May 2019.

LowestHighest
Its median12.5Industry median13.1
Dividend yield

At or below today's level on 80% of 2,012 trading days since Sep 2018.

LowestHighest
Its median0.00%Industry median0.63%

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year+9.0%+267.3%−70.4%0.3%
3 years+23.5%––0.2%
5 years+5.2%––0.1%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth and the change in P/E are left empty where earnings per share at either end of the window was a loss or is not on record. Earnings growth over 5 years is on profit divided by shares in issue at both ends: the earnings per share stated for one end does not match that year's profit and share count. Earnings growth over 1 year includes one-off items (exceptional items and the result of businesses sold or closed) of more than a tenth of the profit of the years to Mar 2025 and Mar 2026.

Who owns it

Per cent of the company's shares, from the filing for Sep 2026.Shareholding pattern

Shareholding by group

  • Promoters75.00%
  • Foreign institutions4.49%
  • Indian institutions10.83%
  • Individuals and others9.68%
Holder
Tarang JainPromoter39.74%
TJ Holding Trust (Mr. Tarang Jain in his capacity as the family trustee of TJ Holding Trust)Promoter22.16%
Arjun Family Trust (Mr. Naresh Chandra in his capacity as the family trustee of Arjun Family Trust)Promoter6.55%
Dhruv Family Trust (Mrs. Suman Jain in her capacity as the family trustee of Dhruv Family Trust)Promoter6.55%
GOVERNMENT PENSION FUND GLOBALForeign portfolio investors, category I1.94%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here and listed fund by fund below.

Mutual funds holding it

7 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before.

Added
1
Cut
2
Held unchanged
4
Sold out
7
Fund
HDFC Mutual Fund logoHDFC Flexi Cap FundHDFC Mutual Fund1,15,45,1630.92%₹996.3 Cr
Motilal Oswal Mutual Fund logoMotilal Oswal Small Cap FundMotilal Oswal Mutual Fund19,89,3832.07%₹171.7 Cr
HDFC Mutual Fund logoHDFC Transportation and Logistics FundHDFC Mutual Fund5,47,2342.31%₹47.2 Cr
ICICI Prudential Mutual Fund logoICICI Prudential Transportation and Logistics FundICICI Prudential Mutual Fund2,70,4490.59%₹23.3 Cr
WhiteOak Capital Mutual Fund logoWhiteOak Capital Flexi Cap FundWhiteOak Capital Mutual Fund1,11,4270.10%₹9.62 Cr
Samco Mutual Fund logoSamco Small Cap FundSamco Mutual Fund23,1330.74%₹2.00 Cr
Motilal Oswal Mutual Fund logoMotilal Oswal BSE 1000 Index FundMotilal Oswal Mutual Fund1130.02%₹97,000
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.

Peers and competitors

Auto Components & Equipments, 155 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to Varroc Engineering in market cap.

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
SEDEMAC Mechatronics logoSEDEMAC MechatronicsSEDEMAC13,407–29.8–––––0.00%
CIE Automotive India logoCIE Automotive IndiaCIEINDIA13,33614.31.79.1+12.4%+15.3%12.7%13.6%1.99%
Amara Raja Energy & Mobility logoAmara Raja Energy & MobilityARE&M12,57813.61.68.2+12.7%+7.2%11.9%10.9%1.54%
Lumax Auto Technologies logoLumax Auto TechnologiesLUMAXTECH12,32138.010.218.3+33.3%+72.8%30.2%21.6%0.30%
JBM Auto logoJBM AutoJBMA11,52151.47.519.8+12.5%+9.2%15.5%12.1%0.17%
Ramkrishna Forgings logoRamkrishna ForgingsRKFORGE10,969102.63.318.4+8.5%–3.4%6.4%0.17%
ASK Automotive logoASK AutomotiveASKAUTOLTD10,85834.38.320.1+27.9%+23.2%26.9%23.0%0.34%
Banco Products (I) logoBanco Products (I)BANCOINDIA7,98716.24.711.7+21.6%+14.3%33.1%26.9%4.12%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Dividends

Per share, by the year it was paid for, and the latest payments.Dividend history and dates

Dividend per share, ₹, restated for later splits and bonuses

Highest ₹4.00 a share, year to Mar 2019.
Ex-dateTypePer share
7 Aug 2026Final₹1.50
8 Aug 2025Final₹1.00
25 Feb 2020Interim₹3.00
8 Aug 2019Final₹4.00
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Share news and announcements

Varroc Engineering share price by year

Each calendar year to 2025.Varroc Engineering share price history

YearClose at year endChangeHighest closeLowest close
2025590.60+0.3%669.95400.90
2024588.95+6.3%694.90446.95
2023554.20+86.7%571.60241.40
2022296.85−10.7%457.60280.05
2021332.35−16.4%464.55260.90
2020397.40−4.9%500.60124.80
2019418.00−42.4%736.85394.15
2018726.15–1,151.95648.90
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2018 is from its first session, 6 Jul 2018.

Recent sessions

The last 10 trading days to 23 Oct 2026, as traded on NSE.

DateOpenHighLowCloseAverage priceVolumeDelivery
23 Oct 2026785.10787.05746.65764.25759.782,88,35256.5%
22 Oct 2026797.00807.60775.00791.00791.641,52,66335.7%
21 Oct 2026806.25816.60788.35796.75798.281,06,18249.4%
19 Oct 2026820.80824.80798.00803.00813.321,17,37946.0%
16 Oct 2026821.00828.00812.70817.45819.4782,97642.2%
15 Oct 2026817.20826.00811.20820.40818.6364,08645.5%
14 Oct 2026824.95837.00816.90822.05828.081,12,31544.9%
13 Oct 2026814.45828.00803.60821.50817.1390,47630.6%
12 Oct 2026793.50830.00788.95820.60816.631,81,15738.0%
9 Oct 2026802.90806.95784.65793.60795.331,23,17242.2%
Prices in ₹ per share as traded, not adjusted.

Company details

Legal name
Varroc Engineering Limited
NSE symbol
VARROC
BSE code
541578
ISIN
INE665L01035
Industry
Auto Components
Listed
Jul 2018
Face value
₹1
CIN
L28920MH1988PLC047335
Corporate identity number, the registrar of companies' code for it