ALPHA TRIBE

Varroc Engineering LimitedPPTs, 13-11-2024: Investor Presentation

13-11-2024 | 03:58 pm

Q2 FY25 saw Varroc Engineering achieve revenue of ₹20,808 million, marking a 10.3% YoY increase, driven primarily by a robust 13.4% growth in its India operations. The company reported a profit before tax (PBT) margin improvement, reaching 4.4% compared to 3.9% in Q2 FY24, with a net debt reduction of ₹1,554 million in the first half of FY25, now standing at ₹8,273 million.

Key business developments include the securing of lifetime orders worth ₹32.48 billion, with healthy contributions from the electric vehicle (EV) segment, which accounted for 12% of Q2 revenues. Varroc's investments in capacity expansion for its Electronics and EV powertrain segments and plans for accelerated capex in H2 FY25 underpin a positive outlook.

The company’s Kham River Restoration project has garnered global recognition, underscoring its commitment to sustainability. Varroc's strategic focus on innovative products such as Battery Management Systems and Integrated Starter Generators positions it well for future growth and market competitiveness, warranting investor attention.

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