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Varroc Engineering VARROC.NS · INR

Consumer Discretionary · NSE · 🇮🇳 India

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805.85

+1.64%

Close of 9 Nov 2026, in INR

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About Varroc Engineering

Its shares trade on NSE under the ticker VARROC.NS. It has been listed since 6 July 2018. In the fiscal year to 31 March 2026, it reported revenue of ₹88.90bn and net income of ₹2.25bn. At that date it held total assets of ₹48.75bn and shareholders' equity of ₹17.80bn.

Varroc Engineering Ltd. engages in the manufacture and supply of automotive components. The company is headquartered in Aurangabad, Maharashtra. The company went IPO on 2018-07-06. The firm is engaged in designing, manufacturing, and supplying exterior lighting systems, plastic and polymer components, electrical-electronics components, and precision metallic components to passenger car, commercial vehicle, two-wheeler, three-wheeler and off-highway vehicle (OHV) OEMs directly worldwide. The company operates through two segments: Automotive and Others. The Automotive segment consists of the business of automobile products consisting of auto parts for two-wheelers, three-wheelers and four-wheelers, and related design, development and engineering activities and other services. Its Others segment comprises forging components for off road vehicles and components for the mining and oil drilling industry. Its subsidiaries include Varroc Polymers Private Limited, Durovalves India Private Limited, Team Concepts Private Limited, CarIQ Technologies Private Limited and Varroc European Holding B.V.

Figures and description from our data supplier, not checked against the company's own report.

Company facts

Sector
Consumer Discretionary
Industry
Auto Components
Listed since
6 Jul 2018
Employees
3,669
Website
varroc.com ↗

Leadership

Pay as last reported

  • Mr. Tarang JainChairman of the Board, Managing Director, since 2001₹122.2m
  • Mr. K. Mahendra KumarGlobal Chief Financial Officer
  • Mr. Anil GhatiyaCompliance Officer, Company Secretary
  • Mr. Arjun JainWhole-Time Director, Chief Executive Officer - Business Division I, since 2018₹27.5m
  • Mr. Dhruv JainWhole Time Director, Chief Executive Officer - Business Division-II, since 2022
  • Mr. Akshaykumar ChudasamaAdditional Non-Executive Independent Director
  • Mr. Vinish KathuriaNon-Executive Independent Director₹3.5m
  • Mrs. Liselott KilaasAdditional Non-Executive Independent Director
  • Mr. Padmanabh SinhaAdditional Non-Executive Independent Director

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
35
Environment
25
Social
37
Governance
42
Direct emissions (scope 1)
5,156 t
Energy emissions (scope 2)
79,944 t
Women in the workforce
5.46%
Carbon reduction policy
No
Human rights policy
Yes

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • Varroc Engineering Ltd. employs 3,669 full-time employees in Aurangabad, Maharashtra.
  • The company manufactures exterior lighting systems for global automotive OEMs.
  • Varroc operates through two segments: Automotive and Others, covering diverse vehicle types.

Weaknesses

  • Varroc's Automotive segment focuses on two-wheelers, three-wheelers, and four-wheelers.
  • The company's Others segment includes forging components for off-road vehicles and mining industry.
  • Varroc's subsidiaries include Varroc Polymers and Durovalves India, which are limited to specific markets.

Opportunities

  • Varroc's presence in the global automotive market offers expansion opportunities.
  • The company's design and engineering activities support new vehicle segments.
  • Varroc's subsidiaries like CarIQ Technologies could drive innovation in automotive components.

Threats

  • Varroc faces competition from established auto component suppliers in India.
  • The global automotive industry's volatility poses risks to Varroc's business.
  • Varroc's reliance on OEMs for sales creates dependency on their demand.

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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