Varroc Engineering Ltd
🚀 Varroc Engineering Hits Record Highs in FY26: Strong Revenue & Margins Growth
- Record ₹32,889M annualized new business wins in FY26, including EV wall-charger & ICE components
- Q4 FY26 revenue grew 12.8% YoY to ₹23,681M; full-year revenue up 9% to ₹88.9B
- EV contribution grows: 14% of Q4 revenue (13% for full year)
- Margin expansion: Q4 EBITDA at 9.7%; FY26 EBITDA stable at 9.4%
- India ops strong with 11.7% EBITDA & 7.2% PBT
- Debt reduced by ₹2,528M with healthy 0.27 debt-equity ratio
- 24.4% ROCE in FY26
- 150% dividend declared for FY26
- Global footprint: 37 plants, 7 R&D centers, 130+ patents