---
title: "Varroc Engineering Ltd (VARROC) — Share Price, Financials & Analysis"
symbol: "VARROC"
company: "Varroc Engineering Ltd"
canonical: "https://tapetide.com/stocks/VARROC"
isin: "INE665L01035"
nse_symbol: "VARROC"
bse_code: "541578"
sector: "Consumer Discretionary"
industry: "Auto Components"
market_cap_cr: 13368.81
generated_at: "2026-09-13T19:02:45.391Z"
---

# Varroc Engineering Ltd (VARROC)

Canonical page: https://tapetide.com/stocks/VARROC

## Company

- **NSE Symbol:** VARROC
- **BSE Code:** 541578
- **ISIN:** INE665L01035
- **Sector:** Consumer Discretionary
- **Industry:** Auto Components
- **Macro Sector:** Consumer Discretionary
- **Stock Type:** EQUITY
- **Listed Since:** 2018-07-06
- **CEO:** Mr. Tarang Jain
- **Employees:** 5706
- **Face Value:** ₹1
- **F&O Eligible:** No
- **Website:** varrocgroup.com

## About

Varroc Engineering Ltd was incorporated in 1988, is the flagship company of the Chhatrapati Sambhaji Nagar-based Varroc Group. Varroc is a global tier-1 automotive component group. It is engaged in the business of manufacturing and supplying automobile components to a wide range of OEMs across the globe[1]

## Latest Price

- **Price:** ₹872
- **Change:** -12.4 (-1.4%)
- **Open:** ₹877.4
- **Day High:** ₹889.85
- **Day Low:** ₹866
- **Previous Close:** ₹884.4
- **Volume:** 482620
- **As Of:** 2026-09-11T10:25:26+00:00

## Key Fundamentals

Observed at 2026-09-11T04:36:17.855158Z.

- **Market Cap:** ₹13368.81 Cr
- **Classification:** Microcap
- **P/E (reported):** 67.7
- **P/E (TTM):** 67.49
- **EPS (TTM):** ₹12.92
- **EPS (reported):** ₹34.44
- **Book Value:** ₹116.52
- **Price to Book:** 7.61
- **Dividend Yield:** 0.17%
- **ROE:** 12.64%
- **ROCE:** 21.16%
- **Debt to Equity:** 0.52
- **Revenue (yearly):** ₹8916.8 Cr
- **Net Income:** ₹229.8 Cr
- **EBITDA:** ₹847.3 Cr
- **52-Week High:** ₹896
- **52-Week Low:** ₹462
- **RSI (14):** 67.71

## Tapetide Score

- **Score:** 44 / 100
- **Score date:** 2026-09-04
- **Archetype:** Trend Ahead of Fundamentals
- **What it means:** The price trend is running ahead of what the financials currently support. Moves like this depend on the fundamentals catching up; check what would have to be true for that.
- **Pillar profile:** Quality: Weak · Valuation: Expensive · Momentum: Rising
- **Percentile:** 25 (of 4473 scored stocks)
- **Confidence:** 100%
- **Data coverage:** 100%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 38.71 | 9% |
| growth | 53.16 | 9% |
| momentum | 95.18 | 12% |
| ownership | 23.56 | 24% |
| quality | 48.22 | 22% |
| valuation | 33.42 | 24% |

The Tapetide Score is decision-support only, not investment advice.

## Key Insights

### Strengths

- Company has delivered good profit growth of 19.0% CAGR over last 5 years

### Weaknesses

- Stock is trading at 7.48 times its book value

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | -27.14% | -15.92% | -15.54% |
| ebitda margin growth | 0% | -3.55% | -9.87% | 42% |
| net income growth | 10.37% | 229.7% | 32% | 19% |
| revenue growth | 11.23% | 8.93% | 9% | 15% |
| roce | 0.95% | 31.51% | -0.09% | 15.51% |
| roe | 10.29% | 189.91% | 17.74% | -424.94% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 1887 | 1885 | 1975 | 1899 | 2081 | 2075 | 2099 | 2028 | 2207 | 2288 | 2368 | 2634 |
| Expenses | 1693 | 1709 | 1754 | 1725 | 1873 | 1889 | 1878 | 1833 | 2004 | 2078 | 2146 | 2412 |
| Operating Profit | 194 | 176 | 221 | 174 | 208 | 186 | 221 | 195 | 203 | 210 | 222 | 222 |
| OPM % | 10 | 9 | 11 | 9 | 10 | 9 | 11 | 10 | 9 | 9 | 9 | 8 |
| Other Income | 15 | 34 | 12 | 6 | 7 | -88 | -51 | 67 | 3 | -100 | 7 | 7 |
| Interest | 50 | 50 | 45 | 44 | 43 | 42 | 41 | 36 | 32 | 31 | 35 | 31 |
| Depreciation | 85 | 89 | 82 | 80 | 82 | 81 | 81 | 81 | 83 | 82 | 86 | 84 |
| Profit before tax | 74 | 71 | 105 | 56 | 91 | -25 | 47 | 144 | 92 | -3 | 109 | 114 |
| Tax % | 25 | -443 | 44 | 39 | 36 | 82 | 51 | 25 | 31 | 245 | 35 | 32 |
| Net Profit | 56 | 384 | 58 | 34 | 58 | -45 | 23 | 107 | 63 | -11 | 70 | 78 |
| EPS in Rs | 3.55 | 25.05 | 3.72 | 2.12 | 3.64 | -3.1 | 1.35 | 6.88 | 3.99 | -0.67 | 4.54 | 5.06 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 10279 | 12036 | 11122 | 4374 | 5844 | 6891 | 7552 | 8154 | 8890 | 9497 |
| Expenses | 9398 | 10978 | 10306 | 4036 | 5484 | 6316 | 6796 | 7379 | 8069 | 8640 |
| Operating Profit | 881 | 1059 | 816 | 338 | 360 | 575 | 756 | 775 | 821 | 857 |
| OPM % | 9 | 9 | 7 | 8 | 6 | 8 | 10 | 10 | 9 | 9 |
| Other Income | 108 | 122 | 94 | -556 | -996 | -821 | 69 | -112 | -14 | -82 |
| Interest | 86 | 97 | 139 | 89 | 118 | 190 | 194 | 170 | 134 | 129 |
| Depreciation | 386 | 566 | 732 | 274 | 305 | 337 | 337 | 323 | 332 | 335 |
| Profit before tax | 516 | 519 | 39 | -581 | -1059 | -773 | 294 | 169 | 341 | 312 |
| Tax % | 13 | 17 | 94 | 8 | 5 | 6 | -81 | 59 | 33 | — |
| Net Profit | 451 | 429 | 3 | -629 | -1107 | -817 | 532 | 70 | 230 | 200 |
| EPS in Rs | 36.57 | 31.54 | 0.01 | -41.36 | -72.64 | -53.66 | 34.43 | 4.01 | 14.73 | 12.92 |
| Dividend Payout % | 1 | 14 | 21284 | 0 | 0 | 0 | 0 | 25 | 10 | — |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 11 | 12 | 13 | 13 | 15 | 15 | 15 | 15 | 15 | 15 |
| Reserves | 2172 | 2815 | 3053 | 2991 | 3013 | 1973 | 961 | 1482 | 1550 | 1765 |
| Borrowings | 1510 | 1194 | 2432 | 4255 | 3695 | 1625 | 1806 | 1390 | 1118 | 925 |
| Other Liabilities | 2154 | 2780 | 3142 | 3644 | 4369 | 7375 | 1832 | 1643 | 1984 | 2163 |
| Total Liabilities | 5847 | 6802 | 8641 | 10904 | 11092 | 10989 | 4614 | 4530 | 4667 | 4868 |
| Fixed Assets | 2396 | 2804 | 3560 | 5283 | 5231 | 2046 | 2051 | 2027 | 2016 | 2232 |
| CWIP | 293 | 344 | 999 | 790 | 856 | 140 | 135 | 80 | 103 | 151 |
| Investments | 293 | 360 | 362 | 330 | 376 | 388 | 421 | 530 | 69 | 88 |
| Other Assets | 2867 | 3294 | 3720 | 4500 | 4629 | 8416 | 2007 | 1893 | 2479 | 2396 |
| Total Assets | 5847 | 6802 | 8641 | 10904 | 11092 | 10989 | 4614 | 4530 | 4667 | 4868 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 676 | 1075 | 474 | 1414 | 474 | 636 | 686 | 638 | 737 | 537 |
| Cash from Investing Activity | -577 | -545 | -1769 | -1259 | -613 | -762 | -448 | -166 | -245 | -118 |
| Cash from Financing Activity | 94 | -523 | 1129 | 733 | -152 | -335 | -216 | -664 | -490 | -405 |
| Net Cash Flow | 193 | 6 | -166 | 888 | -292 | -461 | 22 | -192 | 1 | 14 |
| Free Cash Flow | 52 | 497 | -951 | 27 | -254 | -208 | 116 | 420 | 465 | 87 |
| CFO/OP | 125 | 136 | 57 | 189 | 146 | 197 | 135 | 92 | 94 | 69 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 45 | 50 | 41 | 36 | 137 | 32 | 32 | 24 | 30 | 30 |
| Inventory Days | 46 | 49 | 43 | 56 | 164 | 58 | 55 | 52 | 51 | 60 |
| Days Payable | 94 | 114 | 99 | 124 | 396 | 127 | 99 | 94 | 98 | 97 |
| Cash Conversion Cycle | -3 | -15 | -15 | -32 | -95 | -36 | -12 | -19 | -16 | -8 |
| Working Capital Days | -17 | -16 | -49 | -96 | -217 | -18 | -77 | -33 | -35 | -23 |
| ROCE % | 12 | 16 | 13 | 3 | 3 | 2 | 8 | 17 | 17 | 19 |

## Shareholding Pattern

### Quarterly

| Category | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 75% | 75% | 75% | 75% | 75% | 75% | 75% | 75% | 75% | 75% | 75% | 75% |
| FIIs | 5% | 4.57% | 4.22% | 4.23% | 3.8% | 3.9% | 3.92% | 3.99% | 4.29% | 4.36% | 4.45% | 4.29% |
| DIIs | 11.73% | 10.67% | 12.15% | 12.73% | 12.65% | 12.49% | 12.8% | 13.02% | 12.74% | 12.4% | 11.35% | 10.59% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 6.03% | 7.25% | 6.98% | 6.62% | 6.96% | 6.96% | 6.79% | 6.42% | 6.39% | 6.57% | 7.33% | 7.41% |
| Others | 2.24% | 2.51% | 1.65% | 1.41% | 1.6% | 1.65% | 1.5% | 1.57% | 1.57% | 1.67% | 1.87% | 2.71% |
| No. of Shareholders | 81789 | 88080 | 86738 | 89549 | 99500 | 98417 | 95594 | 91287 | 88841 | 85292 | 84692 | 83288 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Buy
- **Buy / Neutral / Sell:** 12 / 6 / 1

### Moving Averages — summary: **Strong Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 850.12 | Buy |
| EMA (10) | 849.26 | Buy |
| SMA (20) | 836.64 | Buy |
| EMA (20) | 830.24 | Buy |
| SMA (50) | 753.83 | Buy |
| EMA (50) | 767.4 | Buy |
| SMA (100) | 665.13 | Buy |
| EMA (100) | 700.83 | Buy |
| SMA (200) | 615.42 | Buy |
| EMA (200) | 640.38 | Buy |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 63.91 | Neutral |
| MACD (12,26,9) | 28.61 | Sell |
| Stochastic (14,3,3) | 69.39 | Neutral |
| ADX (14) | 46.51 | Buy |
| Williams %R (14) | -23.9 | Neutral |
| ATR (14) | 34.41 | High Volatility |
| ROC (12) | 7.37 | Buy |
| Stoch RSI (14) | 27.69 | Neutral |
| UO (7,14,28) | 59.06 | Neutral |

## Analyst Ratings

| Recommendation | Analysts | Share |
| --- | --- | --- |
| Buy | 3 | 60% |
| Hold | 0 | 0% |
| Sell | 2 | 40% |

Based on 5 analyst ratings, observed at 2026-09-11T04:36:17.851325+00:00.

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-09 | [Announcement under Regulation 30 (LODR)-Credit Rating](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=19140058-d4c4-4639-ad31-7b504e5683fd.pdf) |
| 2026-09-08 | [Announcement under Regulation 30 (LODR)-Credit Rating](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=fbb9c9cc-37dd-43e5-82f3-b84b479e441c.pdf) |
| 2026-08-28 | [Reg30 Initimation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=622fd65a-e4c7-42f9-8b47-77e5bb733801.pdf) |
| 2026-08-25 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=65a4ab99-9bcc-4dee-9f1e-535031c53568.pdf) |
| 2026-08-24 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=28d0a4f9-30ec-4a66-9b9d-dc072383e14f.pdf) |
| 2026-08-21 | [AGM Recording Link](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=cc89e6da-c5e4-437f-ba2f-357b8a1c24c7.pdf) |
| 2026-08-21 | [Redemption Of Commercial Papers](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=18772b7d-9130-4a2a-bbb5-20362176cf0d.pdf) |
| 2026-08-21 | [AGM Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=bf447abc-6fe3-4030-aa9f-c57680327de8.pdf) |
| 2026-08-20 | [Announcement under Regulation 30 (LODR)-Press Release / Media Release](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=11700757-d8ac-44fc-9959-1946e2a1f314.pdf) |
| 2026-08-20 | [Shareholder Meeting / Postal Ballot-Outcome of AGM](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=fc8d2139-7c74-43d4-8bc5-2ddfe6249f0b.pdf) |

### Investor Presentations

| Date | Document |
| --- | --- |
| 2026-08-06 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2cc610f9-7ba0-4543-a410-2c85b2a35e05.pdf) |
| 2026-05-27 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=669b1e5b-c169-46b6-a039-1d48c8b5fd4d.pdf) |
| 2026-02-05 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=dfd90b96-d979-44fb-8d2f-d26230ce8af4.pdf) |
| 2025-11-12 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=caf49ee0-c01b-4f71-ab48-1026b7939f2a.pdf) |
| 2025-08-07 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ecfe0edf-bcdf-4065-ac26-25570bddf1a3.pdf) |
| 2025-05-29 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=403a8a65-b2a5-43a2-8e54-55e689b9ff3f.pdf) |
| 2025-02-10 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=687869c4-696c-46ba-8328-8b0f056582ba.pdf) |
| 2024-12-10 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=455a7057-1006-48bf-80e2-e1a802e1be2b.pdf) |
| 2024-11-13 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=15e4f461-007f-42a9-aa44-1f99289b7665.pdf) |
| 2024-08-07 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=04004f29-225e-4d59-b35d-5f8981e9b312.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-08-06 | [Results UFR Q1 FY 2027](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2acfe41c-8f24-44c8-9040-8059a694e82a.pdf) |
| 2026-05-27 | [Board Meeting _ Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=584a9b45-4328-48b1-8410-8c1453d7de95.pdf) |
| 2026-05-27 | [Board Meeting _ Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=49f61758-87d7-43a4-bf08-3d94360c6734.pdf) |
| 2026-02-05 | [Results](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6a343fd5-bc48-4067-982b-f93e125f5cf8.pdf) |
| 2025-11-12 | [BM Outcome Results](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f2ecdc13-bd91-4c79-a9e5-28e36dfaddd1.pdf) |
| 2025-08-07 | [Board Meeting Outcome _Results UFR Q1](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3fb4d112-f0af-406e-a5ef-c5266374f159.pdf) |
| 2025-05-29 | [BM Outcome & Result](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8f88cf66-8144-47b9-887f-7cd38087dee1.pdf) |
| 2025-05-29 | [Board Meeting Outcome for BM Outcome Results FY 2024-25](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e2d45d3c-0c5f-404d-be4d-8ad8e3bd1176.pdf) |
| 2025-02-10 | [UFR Board Meeting Outcome Q-3 FY 2024-25](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0b4f777e-c745-43c8-8d80-8ed689ee1c59.pdf) |
| 2024-11-13 | [Result -Board Meeting Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=042f8b85-6aea-4dee-8491-9ae4e0486ff7.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Sep 2023 | [Concall - Sep 2023](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f5f45c36-a916-434e-a71b-0dce72c700e1.pdf) |
| Sep 2023 | [Concall - Sep 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f5f45c36-a916-434e-a71b-0dce72c700e1.pdf) |
| Nov 2025 | [Concall - Nov 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=16d82e86-6eed-4ab9-bd1e-52c61d608490.pdf) |
| Nov 2025 | [Concall - Nov 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/caf49ee0-c01b-4f71-ab48-1026b7939f2a.pdf) |
| Nov 2025 | [Concall - Nov 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/16d82e86-6eed-4ab9-bd1e-52c61d608490.pdf) |
| Nov 2024 | [Concall - Nov 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/15e4f461-007f-42a9-aa44-1f99289b7665.pdf) |
| May 2026 | [Concall - May 2026](https://www.bseindia.com/xml-data/corpfiling/AttachHis/669b1e5b-c169-46b6-a039-1d48c8b5fd4d.pdf) |
| May 2026 | [Concall - May 2026](https://www.bseindia.com/xml-data/corpfiling/AttachLive/669b1e5b-c169-46b6-a039-1d48c8b5fd4d.pdf) |
| May 2024 | [Concall - May 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=bfa21ce4-4227-4e9e-b3db-be69324a9afa.pdf) |
| May 2024 | [Concall - May 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/bfa21ce4-4227-4e9e-b3db-be69324a9afa.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 9 Mar - CFC Finlease assigned unsolicited ESG rating 75 to Varroc Engineering on March 9, 2026. | [Voluntary ESG Rating - Postive 9 Mar - CFC Finlease assigned unsolicited ESG rating 75 to Varroc Engineering on March 9, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/31ddd9c1-a439-45de-8dc5-135cc4dbc54c.pdf) |
| 8 Apr - Varroc appoints Avijit Roy as Group CHRO effective 10 April 2026, succeeding Kavita Kulkarni. | [Announcement under Regulation 30 (LODR)-Press Release / Media Release 8 Apr - Varroc appoints Avijit Roy as Group CHRO effective 10 April 2026, succeeding Kavita Kulkarni.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/9bdf728d-dad2-46de-9469-b42240e45fc1.pdf) |
| 8 Apr - Kavita Kulkarni resigns as Group CHRO on April 10, 2026; Avijit Roy appointed effective same date. | [Announcement under Regulation 30 (LODR)-Change in Management 8 Apr - Kavita Kulkarni resigns as Group CHRO on April 10, 2026; Avijit Roy appointed effective same date.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/8631d4ed-ab4e-4832-b3e8-488f8c9ac0b3.pdf) |
| 6h - CTO Fritz Abraham resigns effective March 27, 2026; successor expected Q2 FY2026–27. | [Announcement under Regulation 30 (LODR)-Change in Management 6h - CTO Fritz Abraham resigns effective March 27, 2026; successor expected Q2 FY2026–27.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/e4d448f8-3a10-454c-9598-27fdac2862f2.pdf) |
| 6 Mar - Varroc paid Rs.3.64 Cr interest and fully redeemed Rs.171.88 Cr NCDs on 06/03/2026. | [Full Redemption Of Ncds_Excercise Of Call Option 250 Crs 6 Mar - Varroc paid Rs.3.64 Cr interest and fully redeemed Rs.171.88 Cr NCDs on 06/03/2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/faca2794-52e9-4a4b-b237-5f2538450244.pdf) |
| 4 Mar - Investec promoter conference Mar 10-11; investor visits at Pune Tech Center Mar 12-13; no UPSI. | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 4 Mar - Investec promoter conference Mar 10-11; investor visits at Pune Tech Center Mar 12-13; no UPSI.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/0e9a5198-5687-4335-b240-906a86a08c11.pdf) |
| 3 Apr - Varroc says it is not a large corporate and need not file initial or annual debt disclosures. | [Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 3 Apr - Varroc says it is not a large corporate and need not file initial or annual debt disclosures.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/48709351-6487-49ee-8f86-a03e66f5df4b.pdf) |
| 27 Feb - Redeemed Rs.50 crore Commercial Paper (ISIN INE665L14442), issued Jan 28, matured and paid Feb 27, 2026. | [Redemption Of Commercial Papers 50 Cr 27 Feb - Redeemed Rs.50 crore Commercial Paper (ISIN INE665L14442), issued Jan 28, matured and paid Feb 27, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ed7cd95e-a967-462c-bb7a-5fe7d5be27a6.pdf) |
| 24 Apr - India Ratings upgraded Varroc bank loans to AA+/Stable; debenture rating withdrawn after full repayment. | [Announcement under Regulation 30 (LODR)-Credit Rating 24 Apr - India Ratings upgraded Varroc bank loans to AA+/Stable; debenture rating withdrawn after full repayment.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/8e2600ae-9b59-4c1a-b1a3-81041152ba56.pdf) |
| 22 Apr - Varroc reports improved ESG ratings, emissions cuts, and Kham River restoration progress on World Earth Day. | [Announcement under Regulation 30 (LODR)-Press Release / Media Release 22 Apr - Varroc reports improved ESG ratings, emissions cuts, and Kham River restoration progress on World Earth Day.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3874b907-3f4a-4bfa-ac78-056bd88c83a6.pdf) |

### Earnings Call Recordings

| Date | Document |
| --- | --- |
| 2026-02-05 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6372a1d3-e54e-43a0-b69f-bef200c28308.pdf) |
| 2025-05-29 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e401c088-5095-47eb-9665-ddaf97038fa7.pdf) |
| 2024-02-07 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2e143ee8-3282-45ff-81f2-d6d14597d3dd.pdf) |
| 2023-11-07 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a9275278-20bd-40ab-9c89-ee0436aa580a.pdf) |
| 2023-08-09 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=34ab5038-8aac-4084-acd5-1c8bbb63e6da.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Annual Report 2026 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/896373be-a6b3-4be8-896c-686b76bbf1cd.pdf) |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/8ad9e54a-a2a1-4a6c-9529-9ba41120736a.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/4359e3a6-6f84-4ab2-99f7-f01d906baf62.pdf) |

### Earnings Call Transcripts

| Date | Document |
| --- | --- |
| 2024-11-18 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f39cc9e8-911f-43eb-ac31-3670cc53c470.pdf) |

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Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T19:02:45.391Z.