Varroc Engineering Ltd
📊 Varroc Engineering FY2026 Results: Dividend, Revenue Growth & Key Updates
- Final Dividend: Rs. 1.50 per share (150%) for FY2025-26, pending AGM approval.
- FY2026 Standalone Revenue: Rs. 81,455.32 million; Net Profit: Rs. 2,881.93 million.
- Proposed NCD issuance: Up to Rs. 500 crores, subject to approval.
- Borrowing limit increased to Rs. 3,000 crores under Companies Act.
- Qualified audit opinion due to unresolved arbitration claims (Rs. 209.89 million income recognition).
- Legal matters include arbitration with OPmobility (~USD 66.41 million) and GST disputes (Rs. 629 million).
- Exceptional items: Labour Codes impact (Rs. 217.93 million) & Voluntary Separation Scheme (Rs. 663.44 million).
- EPS for FY2026: Rs. 18.86 (standalone).
- KTM AG insolvency led to Rs. 12.10 million provision for credit loss.
- FY2026 Consolidated Revenue: Rs. 89,080.39 million; Net Profit: Rs. 2,298.33 million.
- Debt-Equity Ratio: 0.41; Total Assets: Rs. 48,746.92 million.