Varroc Engineering Limited Share Price and Company Fundamentals



Price
₹292.85
Change
-1.800 (-0.611%)
52 week
279.1 - 493.85

Last traded: Last Friday at 10:00 AM

Varroc Engineering Limited designs, manufactures, and supplies exterior lighting systems, plastic and polymer components, electrical and electronics components, and precision metallic components worldwide. The company operates through Automotive and Others segments. It offers unpainted and painted body parts; exterior and interior systems; seating systems; mirror systems; air filters; automotive accessories; lighting systems; instrument clusters; catalytic converters; switches; motors and magnetos; electronics; traction motors and controllers; DC-DC converters; battery management systems; and engine valves. The company also provides precision, forged, and machined parts for engine and transmissions to two-wheeler, three-wheeler, four-wheeler, commercial vehicle, off-highway, earthmoving, and oil drilling application; and transmission gears and assemblies, crankpins, connecting rods, flanges, ring gears, crankshafts, camshafts, knuckles, front axle beams, hydraulic shafts, heavy undercarriage parts, and drill bits and cones, as well as head and signal lamps. It serves passenger car, commercial vehicle, two-wheeler, three-wheeler, and off-highway vehicle original equipment manufacturers. The Company was incorporated in 1988 and is based in Aurangabad, India.

Key Metrics

PE ratio

10.41

PB ratio

5.05

Dividend yield

0.00%

Beta

1.50

Market cap

-

Enterprise value

-

Company profile

Industry / Sector Auto Parts / Consumer Cyclical
Full time employees 6500
Website https://varroc.com
Mailing address L-4, MIDC Industrial Area Waluj Aurangabad 431136 India
Phone / Fax 91 24 0665 3700 / 91 24 0256 4540

Dividends

Dividend yield

0.00%

Dividend amount

₹0.00

Payout ratio

0.00%

Varroc Engineering Limited paid ₹0.00 dividend and the ex-dividend date was 25 Feb 2020.The dividend payout ratio is 0.00%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.VARROC dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.

VARROC's forward dividend amount is ₹ and the forward dividend yield is . A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.

Company Executives

As of Dec 2022, following are the company executives and directors listed on Varroc Engineering Limited.

Name Title Age Total Pay
Mr. Tarang Jain MD & Exec. Non-Independent Chairman 61 52.27M
Mr. Ajay Kumar Sharma Group Gen. Counsel, Company Sec. & Compliance Officer 53
Mr. Arjun Jain Pres & Bus. Head of Electrical-Electronics Division and Whole-Time Director 31 20.87M
Mr. Rohit Prakash Pres & Bus. Head of Metallic and Additional Whole Time Director 27.35M
Mr. Christian Paeschel Global Chief Exec. Officer
Mr. K. Mahendra Kumar Group Chief Financial Officer
Mr. Vineet Tyagi Associate VP of Operations
Mr. Vikas Marwah MBA Chief Sales & Marketing Officer and Sr. VP 53
Ms. Kavita Kulkarni Chief Human Resource Officer
Mr. S. N. Patil Sr. VP of Production Systems

Profitability and management effectiveness

Profit margin

-22.15%

Operating margin

2.95%

Return on assets

1.09%

Return on equity

-4.85%

Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.

The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.

Valuation and Trading Info

The market capitalization of Varroc Engineering Limited is and its enterprise value is .

The VARROC's stocks Beta value is 1.50 making it 50% more volatile compared to NSE market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.

Varroc Engineering Limited (NSE:VARROC) Frequently Asked Questions

1. What is Varroc Engineering Limited's Stock Symbol?

Varroc Engineering Limited trades on NSE under the ticker symbol "VARROC".

2. What is Varroc Engineering Limited's stock price today?

One share of VARROC stock can currently be purchased for approximately ₹292.85.

3. How can I contact Varroc Engineering Limited?

Varroc Engineering Limited's mailing address is L-4, MIDC Industrial Area Waluj Aurangabad 431136 India. The company can be reached via phone at 91 24 0665 3700.

4. What is Varroc Engineering Limited's official website?

The official website of Varroc Engineering Limited is https://varroc.com.