Varroc Engineering Peer Comparison

NSE: VARROC | BSE: 541578

₹821.85

₹8.70 (1.07%)

As on 28-Aug-2026IST

Market cap

₹12,551 Cr

Revenue (TTM)

₹9,497 Cr

P/E Ratio

63.6

P/B Ratio

6.8

Div. Yield

0.2 %

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	Varroc Engineering	Lumax Auto	Fiem	Steel Strips Wheel	Wheels India
Market cap (₹ Cr)	12,551	13,518	5,498	4,646	3,771
Revenue (₹ Cr)	9,497	5,208	2,932	5,506	5,690
Net Profit (₹ Cr)	195.67	381.78	263.00	212.24	156.62
Net Margin (%)	2.06	7.26	8.91	3.85	2.74
RoE (%)	26.17	29.66	22.91	12.08	16.31
Price to Earnings	63.63	41.71	20.91	21.87	23.07
Price-To-Book	6.76	10.33	4.30	2.58	3.50

Income Statement (₹ Cr)

	Varroc Engineering	Lumax Auto	Fiem	Steel Strips Wheel	Wheels India
Operating Revenue	8,890.49	4,870.33	2,815.61	4,429.00	5,464.94
Total Income	8,916.80	4,916.75	2,836.40	4,432.17	5,487.72
Total Expenditure	8,069.46	4,211.32	2,419.69	3,944.66	5,052.12
EBITDA	821.04	659.01	395.91	484.34	412.82
Depreciation	331.71	179.06	72.49	111.13	115.28
EBIT	489.33	479.95	323.43	373.21	297.54
Interest	134.22	105.96	2.79	117.24	119.76
Other Income	26.31	46.42	20.79	3.17	22.78
Exceptional Items	-43.69	-14.50	3.75	--	--
Profit before Tax	341.46	405.92	341.43	258.99	209.10
Provision for Tax	111.62	68.78	85.83	63.71	51.05
Profit after Tax	229.83	337.15	255.60	195.28	158.05

	Varroc Engineering	Lumax Auto	Fiem	Steel Strips Wheel	Wheels India
Shareholder's Funds	1,780.34	1,210.22	1,215.01	1,625.68	1,041.46
Minority Interest	37.85	265.77	--	--	13.47
Non-Current Liabilities	422.53	596.36	86.94	402.62	395.91
Current Liabilities	2,627.19	1,874.60	398.58	1,370.61	2,063.33
Total Liabilities	4,867.91	3,946.94	1,700.54	3,398.91	3,514.17

	Varroc Engineering	Lumax Auto	Fiem	Steel Strips Wheel	Wheels India
Non-Current Assets	2,550.66	1,965.12	660.85	2,123.35	1,709.89
Current Assets	2,317.24	1,977.06	1,039.69	1,275.56	1,804.28
Total Assets	4,867.91	3,946.94	1,700.54	3,398.91	3,514.17
Total Debt*	737.70	998.60	0.00	827.64	689.66
Net Current Assets	-309.94	102.46	641.11	-95.05	-259.05
Contingent Liabilities	218.26	36.07	2.16	92.02	48.56

	Varroc Engineering	Lumax Auto	Fiem	Steel Strips Wheel	Wheels India
Cash From Operating Activities	536.80	460.16	161.28	516.64	477.35
Cash Flow from Investing Activities	-122.98	-280.48	-97.15	-195.74	-291.70
Cash from Financing Activities	-405.49	-169.95	-84.15	-353.68	-174.76
Net Cash Inflow / Outflow	8.34	9.73	-20.02	-32.79	10.89

	Varroc Engineering	Lumax Auto	Fiem	Steel Strips Wheel	Wheels India
ROCE (%)	18.91	26.17	30.55	15.78	19.47
ROE (%)	13.74	31.44	22.69	13.55	16.10
ROA (%)	4.86	9.39	16.36	5.84	4.72
EBIT Margin (%)	9.53	14.48	14.80	11.01	7.97
Net Margin (%)	2.58	6.86	9.01	4.41	2.88
Cash Profit Margin (%)	6.28	10.50	11.60	6.92	5.00

	Varroc Engineering	Lumax Auto	Fiem	Steel Strips Wheel	Wheels India
Revenue Growth (%)	9.03	33.92	16.22	1.65	15.19
EBIT Growth (%)	5.07	36.62	23.17	2.06	21.97
Net Profit Growth (%)	229.86	47.12	24.70	-71.06	40.88
EPS Growth (%)	267.51	56.86	24.72	-71.06	39.77
Book Value Growth (%)	13.75	29.48	17.03	13.23	12.96

	Varroc Engineering	Lumax Auto	Fiem	Steel Strips Wheel	Wheels India
Price / Earnings	31.78	37.23	19.72	14.29	15.71
Price / Book Value	4.02	8.58	4.15	1.82	2.34
Dividend Yield (%)	0.32	0.36	2.09	0.70	1.45
EV/EBITDA	9.10	16.00	11.42	7.40	7.16
Market Cap (₹ Cr)	7,152.40	10,382.57	5,039.38	2,790.27	2,434.63

	Varroc Engineering	Lumax Auto	Fiem	Steel Strips Wheel	Wheels India
Debt to Equity	0.41	0.83	0.00	0.54	0.66
Short term debt to equity ratio	0.26	0.37	--	0.28	0.28
Current Ratio	0.88	1.05	2.61	0.93	0.87
Quick Ratio	0.53	0.83	1.94	0.39	0.51
Interest Coverage	3.54	4.83	123.52	3.21	2.75

	Varroc Engineering	Lumax Auto	Fiem	Steel Strips Wheel	Wheels India
Debtors to sales (%)	8.26	20.84	13.76	10.98	14.96
Asset Turnover	1.89	1.37	1.81	1.32	1.63
Receivable days	28.87	67.09	40.63	38.16	54.05
Inventory Days	34.01	28.90	32.27	59.32	50.61
Payable days	89.03	94.32	55.17	86.39	125.04
Cash Conversion Cycle	-26.15	1.67	17.73	11.10	-20.38

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.