Varroc

Aurangabad, India Founded: 1988 • Age: 38 yrs Listed Fortune India 500 · #316
Automotive components including lighting and powertrain parts are manufactured.
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About Varroc

Varroc is a publicly listed company based in Aurangabad (India) founded in 1988 by Tarang Jain. Automotive components including lighting and powertrain parts are manufactured. Varroc has raised $50.12 million across 4 funding rounds from investors including Kotak Mahindra Bank, EBRD and Tata Opportunities Fund. The company has 27,600 employees. Varroc has completed 3 acquisitions, including CarIQ, Hiker and Triom Spa. Its chief executive, as recorded, is Tarang Jain. Its website varroc.com draws about 48 thousand monthly visits. Its Indian entity Varroc Engineering Limited reported revenue of ₹8,921 Cr. Varroc offers products and services including Lighting Solutions and Advanced Safety Solutions. Its focus areas include Auto, Auto Components and Multi Category.

Company details

Varroc was founded in 1988 in Aurangabad, India. Components for the automotive sector are produced, encompassing exterior lighting systems, electrical and electronic elements, polymer and plastic parts, metallic forgings, and powertrain assemblies. These items are designed for two-wheelers, three-wheelers, passenger cars, commercial vehicles, and off-highway applications. Manufacturing operations are centered in India with a focus on global vehicle markets.

Varroc is ranked #316 on the Fortune India 500 (2025).

Recognitions & Rankings of Varroc

Fortune India 500 2025 edition
Rank#316
Total income
₹8,219 Cr
Profit
₹61 Cr
Last year #304
India's Most Valuable Companies 2023 edition · Source: Hurun India
Rank#494
Valuation
₹7,014 Cr
  • Headquarters Aurangabad, India
  • Employees 27,600
  • Founders Tarang Jain
  • Stage Public
  • Sectors
    Transportation, Automotive & Logistics
  • Website category Finance · Investing
  • Email
    ••••••••
  • Phone
    •••• ••••
  • Website varroc.com
  • Social LinkedIn X Facebook Instagram YouTube
  • Legal Name Varroc Engineering Limited
Operational Areas
Transportation, Automotive & Logistics → Automotive Manufacturing & Components
Key Metrics
  • Market Cap
    ₹12,085 Cr

    VARROC · NSE

  • Share Price
    ₹764.25

    -3.38% today

  • Revenue
    ₹8,890 Cr

    FY 2025-26 · +9.0% YoY

  • EBITDA
    ₹777 Cr

    Margin 8.7%

  • Net Profit
    ₹254 Cr

    FY 2025-26 · +111.5% YoY

  • P/E (TTM)
    41.4x

    P/B 6.8x

  • ROE
    11.1%

    ROCE 15.3%

  • Debt / Equity
    0.61

    Interest cover 30.1x

  • Total Equity Funding
    $50.12M (USD)

    in 4 rounds

  • Latest Funding Round
    $16.27M (USD), Debt – Conventional

    Feb 2020

  • Investors
    Kotak Mahindra Bank

    & 2 more

  • Employee Count
    27,600
  • Investments & Acquisitions
    CarIQ

    & 2 more

Products & Services of Varroc

Varroc offers a comprehensive portfolio of products and services, including Lighting Solutions and Advanced Safety Solutions.

Lighting Solutions
Auto Components

Lighting systems for vehicles are manufactured by Varroc to support safe and efficient mobility.

Advanced Safety Solutions
Safety Technologies

Advanced safety features, such as blind spot detection and mirrors, are developed by Varroc for integration into vehicles.

Apps and channels of Varroc

its YouTube channel Varroc Global has 2.65K subscribers and 30 videos.

Varroc Global
YouTube 2.65K subscribers 30 videos Autos & Vehicles
Open channel

Videos from Varroc

The most watched videos on Varroc's YouTube channel, Varroc Global (2.65K subscribers). Click a video to play it here.

Varroc's Engine Valve Solutions
78.8K views
Varroc Elastomer Capabilities
36.1K views
STARTER MOTOR ASSEMBLY
30.3K views
Varroc Group - Celebration Movie
28.5K views

More on Varroc Global.

Funding Insights of Varroc

Varroc has successfully raised a total of $50.12M across 4 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $16.27 million completed in February 2020. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $50.12M
  • Total Rounds 4
  • Last Round Debt – Conventional — $16.27M
  • First Round $50.12M

    (Apr 2014)

  • Investors Count 3

All 4 funding rounds of Varroc with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Feb 2020$16.27MDebt – Conventional––
EBRD
Sep 2018$18.57MDebt – Conventional––
EBRD
Feb 2017$11.97MDebt – Conventional––
Kotak Mahindra Bank
Apr 2014$50.12MPrivate Equity Round–Tata Opportunities Fund
–
Valuation history

3 investors in total: 3 institutional.

Investors in Varroc

Varroc has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Kotak Mahindra Bank, EBRD and Tata Opportunities Fund.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Tata Opportunities Fund
Investment fund managing portfolios in sectors like finance, logistics, and engineering in India.
2017tataopportunitiesfund.comMumbai, India
EBRD
Corporate advisory services are provided across multiple sectors.
1991ebrd.comLondon, United Kingdom
Kotak Mahindra Bank
Commercial banking services are offered to corporate and retail customers.
1985kotak.comMumbai, India
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Investor details for Varroc

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

  • Complete investor list
  • Round participation
  • Investor portfolios
  • Co-investor network

Verified entity values are shown only after access is granted.

Board of directors of Varroc Engineering Limited (Varroc)

Varroc Engineering Limited is the primary company behind Varroc. The board of Varroc Engineering Limited currently have 8 directors; the longest-serving is Tarang Naresh Jain, appointed in 1988. 21 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Tarang Naresh Jain
DIN 00027505
Managing Director11 May 198838 yrs 5 moVarroc Engineering Limited
Vinish Kathuria
DIN 01951771
Director06 Feb 20188 yrs 8 moVarroc Engineering Limited
Arjun Tarang Jain
DIN 07228175
Whole-time director07 Aug 20188 yrs 2 moVarroc Engineering Limited
Dhruv Jain
DIN 09710448
Whole-time director01 Sep 20224 yrs 1 moVarroc Engineering Limited
Liselott Kilaas
DIN 10953529
Director27 Mar 20251 yr 6 moVarroc Engineering Limited
Akshaykumar Narendrasinhji Chudasama
DIN 00010630
Director29 May 20251 yr 4 moVarroc Engineering Limited
Padmanabh Sinha
DIN 00101379
Director18 Jul 20251 yr 3 moVarroc Engineering Limited
Avinash Ramdas Chintawar
DIN 07817177
Whole-time director12 Nov 202511 moVarroc Engineering Limited

People of Varroc

164 people are tracked at Varroc (52 in leadership, 4 in board & advisors, 108 in team); the tracked headcount is 27,600.

NameRoleGroup
Tarang Jain
Founder & CEO & Managing DirectorLeadership
Farooq Jamadar
Head COE - Hrss, Payroll And BenefitsLeadership
Yogesh Petkar
Deputy General ManagerLeadership
Sudam Jadhav
Head HR - Metallic BULeadership
Pawan Chandra
Group Chief Supply Chain OfficerLeadership
Fritz Abraham
CTO, Varroc, Business ILeadership
Jitendra Gaikwad
Head It- Shared Services,it Ops SAP ,information Security & IT Infrastructure Manufacturing ITLeadership
Amit Sharma
Regional Business Head- North & South East AsiaLeadership
Shivam Srivastava
Deputy Regional HeadLeadership
Smruti Ranjan Nayak
Head Of Telematic DepartmentLeadership
Rajesh Shinde
Head COE Manufacturing EngineeringLeadership
Nitin Patil
Head - Manufacturing EngineeringLeadership
Gajendra Singh
Head HR Cluster- LargeLeadership
Vishal Nidhalkar
Business Head - Global AftermarketLeadership
Sharad Satalkar
Centralised Accounts Payable HeadLeadership
Prakash A K
Vice President Research And DevelopmentLeadership
Naveen Yadav
Material Procurement & Logistic - HeadLeadership
Sendilkumar Sundaram
Global Category Head - Indirect ProcurementLeadership
Pramod Chaudhary
Head Engineering - E MobilityLeadership
Amit Khole
Head (deputy General Manager) Finance ControllingLeadership

144 more people are available in the full profile.

Premium access

Complete people profiles for Varroc

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

  • Full employee list
  • Team structure
  • Board tenure
  • Professional contacts

Verified entity values are shown only after access is granted.

IPO & Listings of Varroc

Varroc is a publicly listed company on the NSE with ticker symbol VARROC in India, operating in the Producer manufacturing sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

  • IPO date06 Jul 2018
  • Listed onNSE: VARROC · BSE: 541578
  • Listed entityVarroc Engineering Limited
  • Exchange sectorProducer manufacturing
  • ISININE665L01035
  • Share price₹835.25 (+1.67% on the day) · 2026-10-14
  • Market capitalisation₹12,524 Cr
  • Price to earnings64.7
  • EPS (diluted, trailing year)₹12.91
  • Dividend yield0.18%
  • Volume (last session)63,047

Financials of Varroc

Exchange-reported figures of Varroc Engineering Limited, the listed company behind Varroc (NSE: VARROC).

Financial Highlights

FY 2025-26 · Consolidated
Revenue
₹8,890 Cr
+9.0% YoY
EBITDA
₹777 Cr
+23.9% YoY
Profit After Tax
₹254 Cr
+111.5% YoY
Net Worth
₹1,780 Cr
+13.8% YoY
Total Assets
₹2,789 Cr
+1.1% YoY
Total Debt
₹925 Cr
-17.3% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue8,8908,1547,5526,8915,8444,37411,122
Revenue growth+9.0%+8.0%+9.6%+17.9%+33.6%-60.7%-
EBITDA777628735(281)(670)(369)812
EBITDA margin+8.7%+7.7%+9.7%-4.1%-11.5%-8.5%+7.3%
Profit before tax341169294(773)(1,058)(581)39.50
Net profit254120518(831)(1,109)(655)(0.81)
Net profit margin+2.9%+1.5%+6.9%-12.1%-19.0%-15.0%-0.0%
EPS (₹)14.734.0134.43(53.66)(72.64)(41.36)0.01
Balance sheet
Total assets2,7892,7592,9612,8713,7147,0737,609
Net worth1,7801,5651,4979761,9893,0283,005
Total debt9251,1181,3901,8061,6253,6954,255
Cash & bank1811631303271187451,069
Net working capital19237.8229.641131,153288842
Cash flow
Cash from operations5377376386866364741,414
Cash from investing(118)(245)(166)(448)(762)(613)(1,259)
Cash from financing(405)(490)(664)(216)(335)(152)733
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue2,6342,3682,2882,2072,0282,0992,0752,081
Revenue growth (YoY)+29.9%+12.8%+10.2%+6.1%+6.8%---
Other income7.456.955.233.4966.795.152.627.39
EBITDA22222210520319516494.92208
EBITDA margin+8.4%+9.4%+4.6%+9.2%+9.6%+7.8%+4.6%+10.0%
Depreciation84.3285.6582.3882.5981.1081.4280.5481.55
Interest30.6534.8931.1631.8636.3240.7941.7943.20
Profit before tax114109(3.28)92.0114447.26(24.79)90.80
Tax36.6838.328.0228.7636.5324.2620.3933.02
Net profit77.7070.44(11.30)63.2510723.00(45.18)57.78
EPS (₹)5.064.54(0.67)3.996.881.35(3.10)3.64
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue8,1467,3696,6763,9403,2922,5622,498
Revenue growth+10.5%+10.4%+69.4%+19.7%+28.5%+2.6%-
EBITDA724726534(1,044)241236243
EBITDA margin+8.9%+9.9%+8.0%-26.5%+7.3%+9.2%+9.7%
Profit before tax388360271(1,378)44.70137128
Net profit353292526(74.42)25.9276.61105
Net profit margin+4.3%+4.0%+7.9%-1.9%+0.8%+3.0%+4.2%
EPS (₹)18.8618.0534.36(90.76)1.706.037.70
Balance sheet
Total assets2,7862,7902,8052,3283,1592,4971,701
Net worth2,0651,7881,5125541,9411,9171,137
Total debt6809651,2541,7461,181526531
Cash & bank74.1010086.2715443.01247126
Net working capital(69.59)22.39(93.80)14893728796.65
Cash flow
Cash from operations638707690229428160355
Cash from investing(233)(231)(245)(427)(1,208)(663)(173)
Cash from financing(433)(485)(615)306576624(56.24)
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue2,3642,1502,1152,0381,8431,9131,8761,885
Revenue growth (YoY)+28.3%+12.4%+12.8%+8.1%+8.8%---
Other income5.153.002.992.683.6916.583.174.11
Total expenses2,1411,9191,9831,8531,6331,7021,7131,677
EBITDA223231132184210212163208
EBITDA margin+9.4%+10.7%+6.2%+9.0%+11.4%+11.1%+8.7%+11.0%
Depreciation67.9067.9066.0964.6662.4463.3763.0462.94
Interest26.5629.8627.7029.7933.2038.5340.3041.13
Profit before tax13413641.0492.6511812662.77108
Tax34.6734.378.9624.9931.3620.7617.2828.53

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 25 Oct 2026
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue2,6342,3682,2882,2072,0282,0992,0752,081
Revenue growth (YoY)+29.9%+12.8%+10.2%+6.1%+6.8%---
Other income7.456.955.233.4966.795.152.627.39
EBITDA22222210520319516494.92208
EBITDA margin+8.4%+9.4%+4.6%+9.2%+9.6%+7.8%+4.6%+10.0%
Depreciation84.3285.6582.3882.5981.1081.4280.5481.55
Interest30.6534.8931.1631.8636.3240.7941.7943.20
Profit before tax114109(3.28)92.0114447.26(24.79)90.80
Tax36.6838.328.0228.7636.5324.2620.3933.02
Net profit77.7070.44(11.30)63.2510723.00(45.18)57.78
EPS (₹)5.064.54(0.67)3.996.881.35(3.10)3.64
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue8,8908,1547,5526,8915,8444,37411,122
Revenue growth+9.0%+8.0%+9.6%+17.9%+33.6%-60.7%-
Other income30.0435.2989.9435.0633.9315198.89
Total expenses8,1137,5276,8177,1726,5144,74310,310
Employee cost9638888097176195101,637
EBITDA777628735(281)(670)(369)812
EBITDA margin+8.7%+7.7%+9.7%-4.1%-11.5%-8.5%+7.3%
Depreciation332323337337305274732
Interest13417019419011888.94139
Profit before tax341169294(773)(1,058)(581)39.50
Tax11299.59(238)44.0748.2347.8736.98
Net profit254120518(831)(1,109)(655)(0.81)
Net profit margin+2.9%+1.5%+6.9%-12.1%-19.0%-15.0%-0.0%
EPS (₹)14.734.0134.43(53.66)(72.64)(41.36)0.01
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital15.2815.2815.2815.2815.2815.2813.48
Reserves & surplus1,7651,5501,4829611,9733,0132,991
Shareholders' funds (net worth)1,7801,5651,4979761,9893,0283,005
Minority interest37.8532.8729.1527.9525.3128.1824.92
Secured loans3876111,0461,4261,4692,9913,459
Unsecured loans537507344380156704796
Total debt9251,1181,3901,8061,6253,6954,255
Total liabilities2,7892,7592,9612,8713,7147,0737,609
Assets
Gross block4,9344,3864,1253,9343,5817,9497,288
Net block2,2322,0162,0272,0512,0465,2315,283
Capital work in progress15110379.92135140856790
Investments88.3668.78530421388376330
Inventories9337336746716161,2561,076
Sundry debtors7356804925975181,6411,089
Cash & bank balances1811631303271187451,069
Loans & advances4073703021517,060665903
Total current assets2,2561,9461,5991,7468,3114,3074,137
Total current liabilities2,0631,9081,5691,6337,1584,0193,295
Net working capital19237.8229.641131,153288842
Total assets2,7892,7592,9612,8713,7147,0737,609
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash1111103022807411,033146
Net cash from operating activities5377376386866364741,414
Net cash from investing activities(118)(245)(166)(448)(762)(613)(1,259)
Net cash from financing activities(405)(490)(664)(216)(335)(152)733
Net change in cash13.511.04(192)22.12(461)(292)888
Closing cash1811631303271187451,069
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+9.0%+8.0%+9.6%+17.9%+33.6%-60.7%-
EBITDA growth+23.9%-14.6%+361.4%+58.0%-81.3%-145.5%-
PBT growth+101.7%-42.4%+9998.0%+27.0%-82.3%--92.4%
Net income growth+111.5%-76.9%+162.4%+25.1%-69.2%--
Revenue CAGR (3Y)+8.9%+11.7%+20.0%-14.8%-21.4%-24.8%+6.2%
EBITDA CAGR (3Y)------+11.7%
Profitability & leverage
Net income margin+2.6%+0.9%+7.1%-11.9%-18.9%-14.4%+0.0%
Return on capital employed+15.3%+13.3%+14.8%0.0%0.0%+2.6%+2.7%
Return on net worth+11.1%+5.5%+32.3%0.0%0.0%-21.6%+0.1%
Debt / equity0.610.821.291.161.061.321.10
Long-term debt / equity0.250.410.550.290.370.520.33
Interest cover30.1255.9648.73-30.80-12.15-13.83174.44
Efficiency & per share
Fixed asset turnover1.911.921.871.831.010.571.79
Inventory turnover10.6711.5911.2310.716.243.7511.31
Debtors turnover12.5713.9213.8712.375.423.209.12
EPS (₹)14.734.0134.43(53.66)(72.64)(41.36)0.01
Dividend per share (₹)1.501.000.000.000.000.003.00
Book value per share (₹)116.52102.4397.9863.89130.16198.17222.87
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue2,3642,1502,1152,0381,8431,9131,8761,885
Revenue growth (YoY)+28.3%+12.4%+12.8%+8.1%+8.8%---
Other income5.153.002.992.683.6916.583.174.11
Total expenses2,1411,9191,9831,8531,6331,7021,7131,677
EBITDA223231132184210212163208
EBITDA margin+9.4%+10.7%+6.2%+9.0%+11.4%+11.1%+8.7%+11.0%
Depreciation67.9067.9066.0964.6662.4463.3763.0462.94
Interest26.5629.8627.7029.7933.2038.5340.3041.13
Profit before tax13413641.0492.6511812662.77108
Tax34.6734.378.9624.9931.3620.7617.2828.53
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue8,1467,3696,6763,9403,2922,5622,498
Revenue growth+10.5%+10.4%+69.4%+19.7%+28.5%+2.6%-
Other income45.1247.8118830.7064.6111173.55
Total expenses7,4216,6436,1424,9843,0502,3262,255
Employee cost695669605366330269278
EBITDA724726534(1,044)241236243
EBITDA margin+8.9%+9.9%+8.0%-26.5%+7.3%+9.2%+9.7%
Depreciation261252266194170154144
Interest12116218417090.9856.1145.08
Profit before tax388360271(1,378)44.70137128
Tax99.6884.03(253)9.0618.7244.9923.69
Net profit353292526(74.42)25.9276.61105
Net profit margin+4.3%+4.0%+7.9%-1.9%+0.8%+3.0%+4.2%
EPS (₹)18.8618.0534.36(90.76)1.706.037.70
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital15.2815.2815.2815.2815.2815.2813.48
Reserves & surplus2,0501,7721,4965391,9261,9021,124
Shareholders' funds (net worth)2,0651,7881,5125541,9411,9171,137
Secured loans2675381,000947581377276
Unsecured loans413427255800600149255
Total debt6809651,2541,7461,181526531
Total liabilities2,7862,7902,8052,3283,1592,4971,701
Assets
Gross block3,8503,4863,2722,1581,9231,6551,539
Net block1,8191,6571,6511,1691,1281,0091,035
Capital work in progress88.3273.5345.8143.1361.87157108
Investments8438529149441,0231,023441
Inventories736583507411362312266
Sundry debtors569523350303397363253
Cash & bank balances74.1010086.2715443.01247126
Loans & advances3454393271191,114134179
Total current assets1,7241,6461,2719871,9161,056824
Total current liabilities1,7941,6231,365840978769727
Net working capital(69.59)22.39(93.80)14893728796.65
Total assets2,7862,7902,8052,3283,1592,4971,701
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash59.1468.5023842.11247126(0.51)
Net cash from operating activities638707690229428160355
Net cash from investing activities(233)(231)(245)(427)(1,208)(663)(173)
Net cash from financing activities(433)(485)(615)306576624(56.24)
Net change in cash(28.29)(9.35)(170)108(205)121126
Closing cash74.1010086.2715443.01247126
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+10.5%+10.4%+69.4%+19.7%+28.5%+2.6%-
EBITDA growth-0.2%+35.9%+151.2%-532.4%+2.2%-2.7%-
PBT growth+7.8%+32.6%+9998.0%--67.4%+7.5%-26.6%
Net income growth+20.8%-44.5%+806.8%-387.1%-66.2%-27.2%-
Revenue CAGR (3Y)+27.4%+30.8%+37.6%+16.4%+8.6%+7.8%+14.2%
EBITDA CAGR (3Y)-+44.3%+31.3%--3.6%+2.7%+14.8%
Profitability & leverage
Net income margin+3.5%+3.7%+7.9%-35.2%+0.8%+3.6%+4.2%
Return on capital employed+21.4%+18.2%+17.3%0.0%+4.8%+8.1%+10.6%
Return on net worth+18.3%+16.1%+47.8%0.0%+1.4%+5.0%+9.2%
Debt / equity0.430.671.451.170.440.350.41
Long-term debt / equity0.180.350.470.180.160.220.20
Interest cover26.0234.2068.83-13.74128.0168.5545.49
Efficiency & per share
Fixed asset turnover2.222.182.461.931.841.601.79
Inventory turnover12.3513.5214.5410.209.778.8710.17
Debtors turnover14.9216.8820.4311.258.668.328.93
EPS (₹)18.8618.0534.36(90.76)1.706.037.70
Dividend per share (₹)1.501.000.000.000.000.003.00
Book value per share (₹)135.16117.0198.9336.28127.04125.4684.37

Investments & Acquisitions by Varroc

Varroc has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include CarIQ, Hiker and Triom Spa.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
CarIQ
Vehicle diagnostics solutions are delivered via a SaaS-based OBD platform.
mycariq.comPune, India2013Aug 2019••••
Hiker
Multiple automotive aftermarket accessories are manufactured by Hiker in India.
hikerindia.comBengaluru, India2000Mar 2018••••
Triom Spa
Lighting is produced for motorcycles, sports, and luxury cars.
triomcorp.comCambiano, Italy1977Jan 2012••••
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Timeline of Varroc

7 dated milestones of Varroc across 32 years, from founding to its latest funding, stage changes and deals.

  1. Founded Varroc is founded.
  2. Acquisition Acquires Triom Spa.
  3. Funding First funding round of $50.1M.
  4. Acquisition Acquires Hiker.
  5. IPO Lists on the stock exchange (IPO).
  6. Acquisition Acquires CarIQ.
  7. Funding Latest funding round, Debt – Conventional, of $16.3M.

Web traffic of Varroc

The website of Varroc (varroc.com) receives about 47.5K visits a month and ranks #883,562 among all websites worldwide, #8,185 in Investing.

  • Monthly visits
    47.5K

    ▲ 61.2% vs previous month

  • Unique visitors
    12.3K

    per month

  • Global rank
    #883,562

    among all websites

  • Category rank
    #8,185

    Finance · Investing

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Top companies in Automotive Manufacturing & Components

3 companies that operate in the same segment as Varroc (Automotive Manufacturing & Components) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
SEDEMAC
Electrical and electronic parts for automobiles are provided by SEDEMAC.
2007Pune, Maharashtra, IndiaUSD 26.22 MUSD 32.69 M415
Mahindra Last Mile Mobility
Manufacturer of petrol, CNG, diesel and electric last mile mobility 3 & 4 wheelers, passenger, and cargo vehicles
1994Mumbai, Maharashtra, IndiaUSD 137.89 MUSD 17.06 B33,980
Greenfuel Energy Solutions
Lithium-ion batteries for electric vehicles are manufactured across categories.
2006Gurugram, Haryana, IndiaUSD 34.18 M177
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Related news about Varroc

Varroc Engineering: Board Greenlights Purchase of 45% Stake in Forsee Power India for €4.5 Million
Exchange Update • 9 days ago
Varroc Engineering: Co Names Anil Ghatiya As Compliance Officer And MUFG Intime India Private Limited As Share Transfer Agent.
Exchange Update • 23 days ago
Varroc Engineering: Subsidiary Varroc Italy Will Stop Manufacturing And Testing Activities Starting January 2027.
Exchange Update • 25 days ago
Bluestone Jewellery & Lifestyle Ltd leads losers in 'A' group | Capital Market News - Business Standard
Business Standard • 1 month ago
R R Kabel Ltd leads losers in 'A' group | Capital Market News - Business Standard
Business Standard • 1 month ago
Varroc Engineering jumps after Q1 adjusted profit rises 30% YoY | Capital Market News - Business Standard
Business Standard • 2 months ago
VARROC: Q1 FY27 revenue rose 29.9% YoY, with EV sales up 87% and strong new business wins
Quartr • 2 months ago
VARROC: Standalone profit rose, but consolidated net profit fell amid legal and regulatory uncertainties
Quartr • 2 months ago
Varroc Engineering June-Quarter Consol Net Profit 772.7 Million Rupees
Reuters • 2 months ago
VARROC: Q1 FY27 revenue surged 29.9% year-over-year, driven by EV and overseas growth, with strong outlook
Quartr • 2 months ago
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Complete news archive for Varroc

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Frequently Asked Questions about Varroc

Varroc was founded in 1988 and raised its 1st funding round 26 years after it was founded.

Varroc is headquartered in Aurangabad, India. It is registered at Aurangabad, Maharashtra, India.

Tarang Jain is the CEO of Varroc, as recorded in our data. They have also founded this company.

Varroc is a funded company, having raised a total of $50.12M across 4 funding rounds to date. The company's 1st funding round was a Private Equity Round of $50.12M, raised on Apr 2014.

Varroc has 27,600 employees.

The primary company behind Varroc, Varroc Engineering Limited, reported revenue of ₹8,921 Cr for FY 2026, up 9% year on year.

Varroc was founded in 1988 in Aurangabad, India. Components for the automotive sector are produced, encompassing exterior lighting systems, electrical and electronic elements, polymer and plastic parts, metallic forgings, and powertrain assemblies. These items are designed for two-wheelers, three-wheelers, passenger cars, commercial vehicles, and off-highway applications. Manufacturing operations are centered in India with a focus on global vehicle markets.

Varroc offers Lighting Solutions and Advanced Safety Solutions.

Yes, Varroc is publicly traded on NSE under the ticker symbol VARROC.

Varroc has made 3 acquisitions, including CarIQ, Hiker, and Triom Spa.

Varroc has 3 investors. Key investors include Kotak Mahindra Bank, EBRD, and Tata Opportunities Fund.

Varroc operates through Varroc Engineering Limited.

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