Analyst Rating
based on 5 analysts
40.00%
Buy
20.00%
Hold
40.00%
Sell
Based on 5 analysts offering long term price targets for Varroc Engineering Ltd. An average target of ₹593
Source: S&P Global Market Intelligence
Varroc Engineering Ltd Share analysis
Varroc Engineering Ltd price forecast by 5 analysts
Upside of5.06%
High
₹770
Target
₹593.00
Low
₹450
Varroc Engineering Ltd target price ₹593, a slight upside of 5.06% compared to current price of ₹565.85. According to 5 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
Varroc Engineering Ltd revenue growth forecast
Expected growth rate Q1, FY2026:24.60%
Forecast
Actual
Including amortisation and stock based compensations
Varroc Engineering Ltd EPS growth forecast
EPS estimate Q1, FY2026:
Forecast
Actual
Source: S&P Global Market Intelligence
Performance
Day's Low
Day's High
₹553.5₹572.752 Week's Low
52 Week's High
₹433₹716.9
| Returns % | |
| 1 Month Return | + 4.78 % |
| 3 Month Return | -16.76 % |
| 1 Year Return | + 14.28 % |
| Market Stats | |
| Previous Close | ₹564.45 |
| Open | ₹568.40 |
| Volume | 2.53L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹8,624.03Cr |
Key Statistics
| P/E Ratio | 16.39 |
| PEG Ratio | 0.2 |
| Market Cap | ₹8,624.03 Cr |
| P/B Ratio | 8.41 |
| EPS | 34.82 |
| Dividend Yield | 0 |
| Sector | Auto Ancillaries |
| ROE | 34.53 |
Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| HOLD | ₹8,624.03 Cr | 6.19% | 0.80 | ₹532 Cr | ₹7,551 Cr | |
| NA | ₹23,289.36 Cr | 641.37% | 0.78 | ₹193 Cr | ₹5,009 Cr | |
| BUY | ₹21,860.76 Cr | 57.37% | 0.52 | ₹1,125 Cr | ₹9,280 Cr | |
| HOLD | ₹16,375.22 Cr | 58.39% | 0.72 | ₹325 Cr | ₹4,340 Cr | |
| BUY | ₹7,380.21 Cr | 43.69% | 0.59 | ₹167 Cr | ₹2,895 Cr |
Mutual Fund Holdings
Company Information
Varroc Engineering's top products include headlamps, tail lamps, fog lamps, mirrors, and instrument clusters. The company also manufactures a range of plastic and polymer components, such as bumpers, spoilers, fuel tanks, and interior trim.
Share Price: ₹565.85 per share as on 19 Sep, 2024 04:01 PM
Market Capitalisation: ₹8,624.03Cr as of today
Revenue: ₹1,898.85Cr as on June 2024 (Q2 24)
Net Profit: ₹34.07Cr as on June 2024 (Q2 24)
Listing date: 06 Jul, 2018
Chairperson Name: TARANG JAIN
| Organisation | Varroc Engineering Ltd |
| Headquarters | |
| Industry | Auto Ancillaries |
| E-voting on shares | Click here to vote |
Key events for Varroc Engineering Ltd
Varroc Appoints Dr. Karl-Heinz Glander as R&D Head - 29 Aug, 2024
Varroc Engineering Ltd has appointed Dr. Karl-Heinz Glander as the head of Research and Development for Business II. He will focus on advanced technologies in the automotive sector, enhancing innovation and global competitiveness.
Varroc Engineering Sees Significant Volume Surge - 22 Aug, 2024
On August 22, 2024, Varroc Engineering Ltd experienced a notable increase in trading volume, with a 5.81 times surge, and the stock rose by 13.56% to Rs.608.60.
Varroc Engineering Downgraded to HOLD by ICICI Securities - 09 Aug, 2024
ICICI Securities downgraded Varroc Engineering to HOLD with a revised target price of INR 595, citing weak revenue growth and declining margins. The company expects gradual recovery in overseas operations and increased revenue from EV customers.
Insights on Varroc Engineering Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTFII Holding Up
Foreign Institutions have increased holdings from 4.22% to 4.23% in Jun 2024 quarter
- POSITIVE IMPACT
MF Holding Up
Mutual Funds have increased holdings from 9.66% to 10.17% in Jun 2024 quarter
NO EFFECTAgainst Peers
In the last 3 years, Cummins India Ltd has given 282.4% return, outperforming this stock by 193.6%
- NO EFFECT
Against Peers
In the last 1 year, Cummins India Ltd has given 117.8% return, outperforming this stock by 103.5%
- NO EFFECT
Promoter Holding Unchanged
Promoters holdings remained unchanged at 75.00% of holdings in Jun 2024 quarter
NEGATIVE IMPACTProfit Down
Netprofit is down for the last 3 quarters, 382.69 Cr → 32.41 Cr (in ₹), with an average decrease of 64.1% per quarter
- NEGATIVE IMPACT
Price Dip
In the last 3 months, VARROC stock has moved down by -16.8%
- NEGATIVE IMPACT
Retail Holding Down
Retail Investor have decreased holdings from 8.63% to 8.03% in Jun 2024 quarter
- NEGATIVE IMPACT
Revenue Fall
Revenue is down for the last 2 quarters, 1.98K Cr → 1.90K Cr (in ₹), with an average decrease of 4.1% per quarter
Company Financials
Index Inclusions
Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 75% | 0.00 | |
| Foreign Institutions | 4.23% | 0.36 | |
| Mutual Funds | 10.17% | 5.25 | |
| Retail Investors | 8.03% | ||
| Others | 2.56% | 2.88 |
Key Indicators
Varroc Engineering Ltd Valuation
Varroc Engineering Ltd in the last 5 years
Lowest (-12.98x)
December 4, 2020
Today (16.39x)
September 18, 2024
Industry (56.55x)
September 18, 2024
Highest (9900.00x)
June 25, 2020
Earnings and Dividends
Varroc Engineering Ltd Earnings Results
Varroc Engineering Ltd’s net profit jumped 0.46% since last year same period to ₹32.41Cr in the Q1 2024-2025. On a quarterly growth basis, Varroc Engineering Ltd has generated -43% fall in its net profits since last 3-months.
Read More about Earnings ResultsVarroc Engineering Ltd Dividends February,2020
In the quarter ending December 2019, Varroc Engineering Ltd has declared dividend of ₹3 - translating a dividend yield of 1.24%.
Read More about Dividends
Technicals Summary
Bearish
Neutral
Bullish
Varroc Engineering Ltd is currently in a Bearish trading position according to technical analysis indicators.
Frequently Asked Questions
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Varroc Engineering Ltd (VARROC) share price today is ₹565.85
Varroc Engineering Ltd is listed on NSE
Varroc Engineering Ltd is listed on BSE
- Today’s highest price of Varroc Engineering Ltd is ₹572.7.
- Today’s lowest price of Varroc Engineering Ltd is ₹553.5.
PE Ratio of Varroc Engineering Ltd is 16.39
PE ratio = Varroc Engineering Ltd Market price per share / Varroc Engineering Ltd Earnings per share
Today’s traded volume of Varroc Engineering Ltd(VARROC) is 2.53L.
Today’s market capitalisation of Varroc Engineering Ltd(VARROC) is ₹8624.03Cr.
| Varroc Engineering Ltd(VARROC | Price |
|---|---|
52 Week High | ₹716.9 |
52 Week Low | ₹433 |
Varroc Engineering Ltd(VARROC) share price is ₹565.85. It is down -21.07% from its 52 Week High price of ₹716.9
Varroc Engineering Ltd(VARROC) share price is ₹565.85. It is up 30.68% from its 52 Week Low price of ₹433
| Varroc Engineering Ltd(VARROC | Returns |
|---|---|
1 Day Returns | 1.4% |
1 Month Returns | 4.78% |
3 Month Returns | -16.76% |
1 Year Returns | 14.28% |