| Revenue growth | 29.9% YoY growth driven by 28.6% India and 45.6% overseas growth. |
|---|---|
| Margins | EBITDA margin at 8.5%, down 100 bps YoY due to cost pressures. |
| Order book | Total order book at ₹36,092 million as of Q1 FY27 end. |
| Demand visibility | Strong growth in 2W/3W; EV adoption gaining more traction. |
Growth
Revenue grew 29.9% YoY; PAT up ~70% YoY (excluding exceptional items). EV segment revenue surged 87% YoY.
Outlook
Order book stands at ₹36,092 million. Strategic focus on debt reduction and R&D in advanced electronics and ADAS.
Risks
Under-recovery of war-related inflation (~0.7% margin impact), lower tooling margins, and increased casual manpower costs.
Last quarter's promises, checked
Delivered
- Guided ~10% CAGR revenue growth → delivered 29.9% YoY (= BEAT)
- Guided focus on EV revenue growth → delivered 87% YoY surge (= BEAT)
- Guided debt reduction focus → delivered Net Debt/EBITDA 0.54x vs 1.29x YoY (= BEAT)
Partly delivered
- Guided order book growth → delivered ₹36,092M vs ₹35,090M previous (= PARTIAL)
Missed
- Guided EBITDA margin improvement → delivered 8.5% (down 100 bps YoY) (= MISS)
Investor Presentation filed with NSE, NSE: VARROC. Summary written with AI assistance from the document.
Varroc Engineering Ltd: key numbers
- Share price
- ₹813.00
- Market cap
- ₹12,422 Cr
- Revenue (annual)
- ₹8,890 Cr
- Net profit (annual)
- ₹225.0 Cr
- P/E (TTM)
- 63.0×Sector 32.1×
- Promoter holding
- 75.00%+0.00% QoQ
- FII holding
- 4.49%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Varroc Engineering Ltd
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- Value
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