This filing is part of the company’s quarterly result. Read the full results article, with every figure explained →
Varroc Engineering Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on August 21, 2025-NOTICE OF 37th ANNUAL GENERAL MEETING SCHEDULED ON AUGUST 21,2025 & ANNUAL REPORT FY 2024-25
VARROC · price
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Varroc Engineering has filed the notice for its 37th AGM scheduled on August 21, 2025, along with the Annual Report for FY 2024-25. For the year, the company reported consolidated revenue of ₹81,541 million, an 8.0% growth, driven mainly by India business which grew 10.4%. Profit before tax (before exceptional items) grew 34% year-on-year, while PBT margin improved to 3.8% from 3.6%. The company generated free cash flow of ₹3,116 million (3.8% of sales) and achieved a strong pre-tax ROCE of 20.8%, with net debt-to-equity at a healthy 0.50x. The board has recommended a dividend of ₹1 per share (100% of face value). Key strategic moves include the merger of Varroc Polymer with Varroc Engineering (effective April 1, 2024) and the divestment of its China JV for net proceeds of ₹3,400 million.
The filing is largely procedural (AGM notice), but the attached annual report shows solid operational performance with improving margins, strong cash generation, and deleveraging. Shareholders may view positively the 34% PBT growth, healthy ROCE, reduced debt, and the recommended dividend, though overseas business de-growth remains a watch point.
| Q1 FY26 | Q1 FY25 | Change | |
|---|---|---|---|
| Revenue | ₹2,028 Cr | ₹1,899 Cr | +6.8% |
| Operating profit | ₹77.15 Cr | ₹49.75 Cr | +55.1% |
| Profit after tax | ₹107.4 Cr | ₹34.07 Cr | +215.3% |
| EBITDA margin | 12.6% | 9.2% | +3.4 pp |
From the company's XBRL filing, not from the text above. Operating profit = profit before tax − exceptional items − other income. EBITDA = profit before tax + finance costs + depreciation − other income.