Varroc Engineering Limited

BSE: 541578 NSE: VARROC
Varroc Engineering Limited - automotive in Aurangabad, Maharashtra, India. FY 2026 financials & compliance.
CIN L28920MH1988PLC047335 Incorporated 11 May 1988 ROC Mumbai HQ Aurangabad, Maharashtra, India
Active Listed - NSE: VARROC · BSE: 541578 Public Limited Company automotive Fortune India 500 · #316
Data last updated
Market Cap
₹11,895 Cr
VARROC · NSE
Share Price
₹805.45
+3.46% 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)
39.7x
P/B 6.6x
ROE
11.1%
ROCE 15.3%
Debt / Equity
0.61
Interest cover 30.1x

About Varroc Engineering Limited

Data last updated:

Varroc Engineering Limited is a public limited company based in Aurangabad, Maharashtra, India. It operates in the auto parts and components segment of the automotive sector. It was incorporated on 11 May 1988 and has been in existence for over 38 years.

Varroc Engineering is ranked #316 on the Fortune India 500 (2025). Its director Tarang Jain and family are #361 among India's richest people (2026).

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L28920MH1988PLC047335. Its GSTIN is 27AAACV2420J1ZI (Maharashtra). The company holds 15 GST registrations, of which 9 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 541578 and NSE: VARROC.

The company has an authorised share capital of ₹55.94 Cr and a paid-up capital of ₹15.28 Cr. It was formerly known as Varroc Engineering Private Limited. It is led by directors including Tarang Naresh Jain (Managing Director) and Dhruv Jain (Whole-Time Director).

Its last annual general meeting (AGM) was held on 20 August 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at L – 4 MIDC Waluj, Aurangabad, Maharashtra, India – 431136.

As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹8,890.49 Cr, a growth of 9% compared to the previous year. For the same year it recorded a net profit of ₹253.69 Cr (net margin 2.9%) and EBITDA of ₹777.34 Cr (EBITDA margin 8.7%). The net worth stands at ₹1,780.34 Cr (up 13.8% YoY). Total assets are valued at ₹2,789.23 Cr (up 1.1% YoY).

The company has about 3,750 employees on its provident fund (EPFO) records. Its group structure includes 3 subsidiaries and 1 joint venture.

The company is associated with 2 brands: CarIQ and Varroc. As per MCA filings, the company has open charges of ₹1,173.5 Cr and satisfied charges of ₹3,338.49 Cr on record. Court records list 206 cases involving the company, including 86 filed by the company and 120 filed against it; 50 cases are pending. The company has 17 deals on record (9 market trades, 4 secondary share transfers, 1 qip), with disclosed funding of ₹300 Cr; the latest was in August 2026. The company has 30 MSME Form 1 returns on record between 2019 and 2023, listing 14,204 overdue payments to 443 micro and small suppliers.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website varroc.com.

Company details

CIN L28920MH1988PLC047335
Registration Number 047335
Incorporation Date 11 May 1988
ROC Mumbai
Listing Status Listed - Listed on NSE (VARROC); Listed on BSE (541578)
Company Status Active
Date of Last AGM 20 August 2026
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant

CIN history

Varroc Engineering has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L28920MH1988PLC047335, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
L28920MH1988PLC047335Current
U28920MH1988PTC047335Previous
U28920MH1988PLC047335Previous
Key People
Tarang Naresh Jain Managing Director Dhruv Jain Whole-Time Director Arjun Tarang Jain Whole-Time Director

Recognitions & Rankings of Varroc Engineering

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
India's Richest People 2026 edition · 1 director · Source: Hurun India

Contact details

Varroc Engineering Limited's registered office is in Aurangabad, Maharashtra. Its website is varroc.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    varroc.com
  • Social Media
  • Registered Address
    L – 4 MIDC Waluj, Aurangabad, Maharashtra, India – 431136
  • Industry
    Automotive, Auto Parts & Components

To see the full contact details of Varroc Engineering Limited, buy the company report.

Comprehensive company report
Varroc Engineering Limited - one report that includes everything
  • Company details, directors and signatories
  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
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Secure checkout · GST invoice included

Brands

Varroc Engineering operates two associated brands: CarIQ and Varroc. Each brand links to its own profile.

BrandDescriptionWebsite
CarIQ
Vehicle diagnostics solutions are delivered via a SaaS-based OBD platform.mycariq.com
Varroc
Automotive components including lighting and powertrain parts are manufactured.varroc.com

Business activity

The main business activity of Varroc Engineering is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities and metal and metal products. 2 activity segments are registered with the MCA.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC13Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities
CManufacturingC7Metal and metal products

To see the full business activity and turnover split of Varroc Engineering Limited, buy the company report.

Financials of Varroc Engineering Limited

FY 2025-26 filings available

Varroc Engineering Limited reported revenue of ₹8,890.49 Cr (up 9% YoY) for FY 2025-26.

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 27 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

To see the full year-wise statements and ratios of Varroc Engineering Limited, buy the company report.

Board of directors of Varroc Engineering Limited

Varroc Engineering has 8 current directors and 19 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Tarang Naresh Jain
Also directs: RT Jain Estate LLP, RT Jain Ventures LLP, TCPL Packaging Limited and 4 more
Managing Director11 May 198838 Years 5 MonthsCurrent
Dhruv Jain
Also directs: Varroc Connect Private Limited
Whole-Time Director01 Sep 20224 Years 1 MonthsCurrent
Vinish Kathuria
Also directs: Durovalves India Private Limited, Varroc Connect Private Limited
Director06 Feb 20188 Years 8 MonthsCurrent
Arjun Tarang Jain
Also directs: Varroc Dell'orto Private Limited, Varroc Connect Private Limited
Whole-Time Director07 Aug 20188 Years 2 MonthsCurrent
Avinash Ramdas Chintawar
Also directs: Durovalves India Private Limited
Whole-Time Director12 Nov 20250 Years 11 MonthsCurrent
Padmanabh Sinha
Also directs: Launchbay Capital Advisors LLP, Launchbay Sponsor Advisors LLP, Launchbay Support Services LLP and 1 more
Director18 Jul 20251 Years 3 MonthsCurrent
Showing 6 of 8 current directors. View all directors

Auditor

Varroc Engineering Limited is audited by S R B C & Co LLP for the financial year 2025.

Auditor firmFinancial yearFirm registration number
S R B C & Co LLPFY 2025324982E/E300003

Shareholding

Shareholding for the quarter ended Sep 2026: promoters hold 75.00%, foreign institutional investors hold 4.30%, domestic institutional investors hold 11.20% and retail and other public shareholders hold 9.50%.

Promoters: 75.00%DII (Domestic Institutional): 11.20%FII (Foreign Institutional): 4.30%Retail & Others: 9.50%
Sep 2026
QUARTER
75.00% Promoters
11.20% DII (Domestic Institutional)
4.30% FII (Foreign Institutional)
9.50% Retail & Others
Promoter holding - history
Now 75.00% · Sep 2026High 75.00% · Dec 2025Low 75.00% · Dec 2025
74%74.5%75%75.5%76%Dec 2025Mar 2026Jun 2026Sep 2026Dec 2025: 75.00%Mar 2026: 75.00%Jun 2026: 75.00%Sep 2026: 75.00%75.00%75.00%
Shareholding trend - last 6 quarters
Sep 2026Jun 2026Mar 2026Dec 2025
Promoters75.00%75.00%75.00%75.00%
Public25.00%25.00%25.00%25.00%

Charges & borrowings

Open charges
₹1,173.5 Cr
Satisfied charges
₹3,338.49 Cr
Breakdown by lending institutions
Others₹490.00 Cr
The Hongkong and Shanghai Banking Corporation Limited₹283.50 Cr
Idbi Bank Limited₹160.00 Cr
Axis Bank Limited₹75.00 Cr
Tata Capital Financial Services Limited₹60.00 Cr
Others₹105.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
11 May 2026101290602Others₹75 CrOpen
20 Apr 2026101275240The Hongkong and Shanghai Banking Corporation Limited₹130 CrOpen
30 May 2024100929791The Hongkong and Shanghai Banking Corporation Limited₹100 CrOpen
02 Nov 2023100808942Others₹100 CrOpen
13 Mar 2023100685647Axis Bank Limited₹75 CrOpen

To see the full charge records of Varroc Engineering Limited, buy the company report.

Total charge records: 106 View all charges

Deals & funding

Varroc Engineering Limited has 17 deals on record (9 market trades, 4 secondary share transfers, 1 qip), with disclosed funding of ₹300 Cr; the latest was in August 2026.

Total deals
17
Market trades
9
Secondary share transfers
4
QIP
1
Funding round
1
Disclosed funding
₹300 Cr

Deals on record (5 of 17)

WhenDealAmountParties
Aug 2026Market trade₹65.27 CrBuyer: Microcurves Trading Private Limited
Seller: Microcurves Trading Private Limited
Dec 2024Market trade₹80.38 CrBuyer: Graviton Research Capital LLP
Seller: Graviton Research Capital LLP
Aug 2024Market trade₹48.79 CrBuyer: Graviton Research Capital LLP
Seller: Graviton Research Capital LLP
Jun 2024Market trade₹62.04 CrBuyer: Graviton Research Capital LLP
Seller: Graviton Research Capital LLP
Nov 2023Market trade₹44.32 CrBuyer: Graviton Research Capital LLP
Seller: Graviton Research Capital LLP

To see the full deal history of Varroc Engineering Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Credit ratings & regulatory alerts

Varroc Engineering Limited was last rated by Icra on 20 Aug 2020.

Rating agencyRated onRating
Icra20 Aug 2020

To see the full credit ratings and regulatory alerts of Varroc Engineering Limited, buy the company report.

MSME payment delays

Varroc Engineering Limited has 30 MSME Form 1 returns on record between 2019 and 2023, listing 14,204 overdue payments to 443 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (5 of 443)

SupplierAmount dueDue sinceReported on
an individual supplier
Lapl Automotive Limited
an individual supplier
Sunstar Plastotech Private Limited
Goalprinet Engineering Formalisation Private Limited

To see the full MSME payment records of Varroc Engineering Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Group structure & subsidiaries

Varroc Engineering has 3 subsidiary companies and 1 joint venture. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.

3
Subsidiary companies
1
Joint ventures
Key subsidiaries
Company NameCINShares held
Varroc Polymers LimitedU25209MH1995PLC090037
Durovalves India Private LimitedU34300MH1997PTC105518
Varroc Connect Private LimitedU74900MH2013PTC351817

To see the full group structure of Varroc Engineering Limited, buy the company report.

Employees & EPFO

Varroc Engineering Limited has a workforce of 3,750 employees on its EPFO records as of Dec 22, 2025, across 13 active EPFO establishments.

Employee count
3,750
Active EPFO establishments
13
Employee growth
7.14%

GST

Varroc Engineering has 15 GST registrations: 9 active and 6 cancelled or inactive. The first 4 active GSTINs are listed below.

Total GSTINs
15
Active
9
Cancelled / inactive
6
GSTINStateStatusRegistered on
27AAACV2420J1ZIMaharashtraActive01 Jul 2017
27AAACV2420J2ZHMaharashtraActive19 Mar 2025
05AAACV2420J1ZOUttarakhandActive01 Jul 2017
06AAACV2420J1ZMHaryanaActive01 Jul 2017

To see the full GST registrations and return filing status of Varroc Engineering Limited, buy the company report.

Recent activity

Varroc Engineering Limited has 26 board changes on record since 1988: 8 appointments and 18 cessations. The latest: Avinash Ramdas Chintawar was appointed as Whole-Time Director on 12 Nov 2025.

AGM
Varroc Engineering Limited last Annual general meeting of members was held on 20 Aug 2026 as per latest MCA records.
Charges
A charge registered on 21 Jun 2021 via Charge ID 100456367 with The Hongkong And Shanghai Banking Corporation Limited was fully satisfied on 14 May 2026.
Charges
A charge with Others amounted to Rs. 75.00 Cr with Charge ID 101290602 was registered on 11 May 2026.
Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 130.00 Cr with Charge ID 101275240 was registered on 20 Apr 2026.
Charges
A charge registered on 20 Dec 2022 via Charge ID 100660318 with Others was fully satisfied on 10 Apr 2026.
Filing
Varroc Engineering Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Mumbai Ii.
Charges
A charge registered on 16 Oct 2023 via Charge ID 100818573 with Others was fully satisfied on 11 Mar 2026.
Charges
A charge registered on 14 Nov 2008 via Charge ID 10133281 with Idbi Bank Limited was fully satisfied on 10 Feb 2026.
Charges
A charge registered on 04 Aug 2021 via Charge ID 100474086 with The Hongkong And Shanghai Banking Corporation Limited was fully satisfied on 22 Jan 2026.
Charges
A charge with Hdfc Bank Limited of Rs. 40.00 Cr registered on 24 Dec 2021 with Charge ID 100530196 was modified on 21 Jan 2026.
Charges
A charge registered on 04 Nov 2020 via Charge ID 100384430 with Hdfc Bank Limited was fully satisfied on 21 Jan 2026.
Charges
A charge registered on 23 Jan 2023 via Charge ID 100668194 with Others was fully satisfied on 20 Jan 2026.

273 earlier events are in the company report.

News

Varroc Engineering: Board Greenlights Purchase of 45% Stake in Forsee Power India for €4.5 Million
16 Oct 2026 · Exchange Update
Varroc Engineering: Co Names Anil Ghatiya As Compliance Officer And MUFG Intime India Private Limited As Share Transfer Agent.
02 Oct 2026 · Exchange Update
Varroc Engineering: Subsidiary Varroc Italy Will Stop Manufacturing And Testing Activities Starting January 2027.
30 Sep 2026 · Exchange Update

Frequently asked questions

Varroc Engineering is an active public limited company based in Aurangabad, Maharashtra, India. The company works in auto parts and components, within the automotive industry. It was incorporated on 11 May 1988 (38+ years old) and is registered under CIN L28920MH1988PLC047335. Listed on BSE: 541578 and NSE: VARROC.

Varroc Engineering reported revenue of ₹8,890.49 Cr for FY 2025-26 (up 9% YoY) based on consolidated financials.

Varroc Engineering has 8 current directors:

The latest financial statements of Varroc Engineering on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 20 August 2026. Year-wise statements from 2015 are in the company report.

The GSTIN of Varroc Engineering is 27AAACV2420J1ZI, registered in Maharashtra. The company has 15 GST registrations in all, of which 9 are active and 6 are cancelled or inactive. Other active GSTINs include 27AAACV2420J2ZH (Maharashtra), 05AAACV2420J1ZO (Uttarakhand), 06AAACV2420J1ZM (Haryana).

The CIN (Corporate Identification Number) of Varroc Engineering is L28920MH1988PLC047335. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Varroc Engineering is a listed company as per MCA records. Its shares are listed on both BSE (code: 541578) and NSE (symbol: VARROC).

Varroc Engineering has 206 court cases on record: 86 filed by the company and 120 filed against it. 50 are pending. Most are in the district courts.

Varroc Engineering was incorporated on 11 May 1988, making it 38+ years old. It is registered with the Registrar of Companies, Mumbai.

Varroc Engineering has 17 deals on record (9 market trades, 4 secondary share transfers, 1 qip), with disclosed funding of ₹300 Cr; the latest was in August 2026.

Avinash Ramdas Chintawar was appointed as Whole-Time Director on 12 Nov 2025. Ajay Kumar Sharma ceased to be Company Secretary on 31 Jul 2025. Padmanabh Sinha was appointed as Director on 18 Jul 2025. Varroc Engineering has 26 board changes on record in total.