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Varroc Engineering Ltd was incorporated in 1988, is the flagship company of the Aurangabad-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
Varroc Engineering faces auditor concerns over INR 44.17 Cr disputed income from an erstwhile JV. Despite this, the company targets INR 20,000 Cr revenue by FY31, driven by EV focus (13% of FY26 revenue) and overseas business revival. FY27 revenue expected over INR 10,500 Cr.
Varroc Engineering released the audio/video recording of its 38th Annual General Meeting. This update provides investors access to the full proceedings for review via the provided link.
Varroc Engineering champions innovation via its Eureka Challenge 3.0, where VIT Pune won for an AI-driven CAD solution to boost engineering efficiency. This initiative supports Varroc's R&D focus; the company generated group income of ₹8908 Cr.
Varroc Engineering's Q1FY27 revenue surged 29.9% YoY to ₹2,634.2 Cr; PBT climbed 38% to ₹113.2 Cr. Growth driven by India and overseas operations. Company secured ₹599.1 Cr in new business wins. Net debt stands at ₹526.8 Cr.
Varroc Engineering reported revenue growth of 29.9% to ₹2,634.2 Cr, a new high. PBT before exceptional items jumped 38% to ₹113.2 Cr, also a record. EV revenue surged 87% YoY. New business wins totalled ₹599.1 Cr. Net debt is ₹526.8 Cr; ROCE 24%.