Varroc Engineering Key Ratios
NSE: VARROC | BSE: 541578
₹838.70
As on 13-Nov-2026IST
Market cap
₹12,810 Cr
Revenue (TTM)
₹10,238 Cr
P/E Ratio
75.7
P/B Ratio
6.9
Div. Yield
0.2 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | 11.91 | 33.55 | 21.74 | 12.90 | 5.86 |
| EBIT | 22.50 | 40.00 | 21.76 | 21.00 | 42.88 |
| Net Profit | -22.70 | -2.00 | 54.38 | 39.25 | 113.51 |
| EPS | -57.52 | -46.14 | 21.53 | 4.90 | 17.12 |
| Book Value | -- | -- | 13.75 | 22.18 | -10.08 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Mar-26 | Mar-25 |
| EBIT-Margin
| 5.85 | 4.20 | 5.57 | 5.50 | 5.54 |
| Net Margin
| 4.96 | 1.99 | 1.62 | 2.58 | 0.85 |
| Return on equity
| 27.50 | 12.50 | 24.78 | 13.74 | 4.55 |
| Return on Capital
| 19.25 | 12.35 | -- | 18.91 | 13.01 |
| Return on Assets
| 9.18 | 3.71 | 3.18 | 4.86 | 1.56 |
| Debt to Equity (x)
| -- | -- | 0.12 | 0.41 | 0.61 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Varroc Engineering
|
--
|
18.91
|
13.01
|
19.13
|
8.88
|
|
Peer Median
|
--
|
19.47
|
22.02
|
--
|
--
|
ROE
24.78
Higher than Peers by 9.11
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Varroc Engineering
|
24.78
|
13.74
|
4.55
|
44.72
|
2.62
|
|
Peer Median
|
15.67
|
16.10
|
16.42
|
--
|
--
|
ROA
3.18
Lower than Peers by 2.94
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Varroc Engineering
|
3.18
|
4.86
|
1.56
|
12.32
|
0.50
|
|
Peer Median
|
6.12
|
5.26
|
7.85
|
--
|
--
|
EBIT Margin
5.57
Lower than Peers by 1.57
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Varroc Engineering
|
5.57
|
5.50
|
5.54
|
5.55
|
3.46
|
|
Peer Median
|
7.14
|
5.63
|
5.81
|
--
|
--
|
Net Margin
1.62
Lower than Peers by 3.08
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Varroc Engineering
|
1.62
|
2.58
|
0.85
|
7.28
|
0.56
|
|
Peer Median
|
4.70
|
3.23
|
5.82
|
--
|
--
|
Cash Profit Margin
--
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Varroc Engineering
|
--
|
6.28
|
4.80
|
11.73
|
5.42
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
21.74
Higher than Peers by 8.06
Year on year growth in net sales
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Varroc Engineering
|
21.74
|
9.03
|
7.97
|
9.59
|
17.92
|
|
Peer Median
|
13.68
|
22.26
|
6.93
|
--
|
--
|
EBIT Growth
21.76
Lower than Peers by 0.94
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Varroc Engineering
|
21.76
|
8.37
|
7.82
|
75.89
|
334.54
|
|
Peer Median
|
22.70
|
30.62
|
23.36
|
--
|
--
|
Net Profit Growth
54.38
Higher than Peers by 29.58
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Varroc Engineering
|
54.38
|
229.86
|
-87.40
|
1,325.65
|
149.55
|
|
Peer Median
|
24.79
|
35.50
|
37.38
|
--
|
--
|
EPS Growth
21.53
Higher than Peers by 8.45
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Varroc Engineering
|
21.53
|
267.51
|
-88.36
|
164.16
|
26.13
|
|
Peer Median
|
13.07
|
49.06
|
-11.12
|
--
|
--
|
Book Value Growth
--
--
Year on year growth in book value per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Varroc Engineering
|
--
|
13.75
|
4.54
|
53.35
|
-50.91
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
0.12
Lower than Peers by 0.03
Total debt / Net worth
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Varroc Engineering
|
0.12
|
0.41
|
0.61
|
0.81
|
1.67
|
|
Peer Median
|
0.14
|
0.41
|
0.66
|
--
|
--
|
Short term debt to equity ratio
--
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Varroc Engineering
|
--
|
0.26
|
0.25
|
0.14
|
0.27
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
0.88
Lower than Peers by 0.18
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Varroc Engineering
|
0.88
|
0.88
|
0.77
|
0.79
|
0.62
|
|
Peer Median
|
1.05
|
1.05
|
1.05
|
--
|
--
|
Quick Ratio
0.53
Lower than Peers by 0.27
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Varroc Engineering
|
0.53
|
0.53
|
0.49
|
0.47
|
0.38
|
|
Peer Median
|
0.80
|
0.81
|
0.86
|
--
|
--
|
Interest Coverage
3.27
Lower than Peers by 1.29
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Varroc Engineering
|
3.27
|
3.54
|
1.99
|
2.62
|
1.44
|
|
Peer Median
|
4.56
|
4.46
|
3.23
|
--
|
--
|
Operating Efficiency
Debtors to sales
9.84
Lower than Peers by 4.83
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Varroc Engineering
|
9.84
|
8.26
|
8.34
|
6.51
|
8.66
|
|
Peer Median
|
14.67
|
15.87
|
12.85
|
--
|
--
|
Asset Turnover
1.96
Higher than Peers by 0.34
Sales / Average Total Assets
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Varroc Engineering
|
1.96
|
1.89
|
1.83
|
1.69
|
0.89
|
|
Peer Median
|
1.62
|
1.66
|
1.56
|
--
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Varroc Engineering
|
--
|
28.87
|
26.11
|
26.20
|
29.39
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Varroc Engineering
|
--
|
34.01
|
31.36
|
32.37
|
33.92
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Varroc Engineering
|
--
|
89.03
|
88.80
|
92.38
|
99.00
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Varroc Engineering
|
--
|
-26.15
|
-31.33
|
-33.81
|
-35.69
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
75.75
Higher than Peers by 45.39
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Varroc Engineering
|
75.75
|
31.78
|
107.36
|
14.56
|
--
|
|
Peer Median
|
30.36
|
30.36
|
22.59
|
--
|
--
|
Price / Book Value
6.85
Higher than Peers by 2.32
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Varroc Engineering
|
6.85
|
4.02
|
4.20
|
5.12
|
3.90
|
|
Peer Median
|
4.53
|
4.53
|
3.90
|
--
|
--
|
Dividend Yield
0.18
Lower than Peers by 0.37
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Varroc Engineering
|
0.18
|
0.32
|
0.23
|
--
|
--
|
|
Peer Median
|
0.55
|
0.55
|
0.60
|
--
|
--
|
EV/EBITDA
14.40
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Varroc Engineering
|
14.40
|
9.10
|
9.13
|
10.91
|
8.46
|
|
Peer Median
|
--
|
24.73
|
18.14
|
--
|
--
|
Market Cap
12,810
Higher than Peers by 6,293
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Varroc Engineering
|
12,810
|
7,152
|
6,574
|
7,661
|
3,807
|
|
Peer Median
|
6,517
|
6,517
|
1,622
|
--
|
--
|