VARROCNSEVarroc Engineering LimitedMinimalPositive
Announced Wed, 27 May · 16:36 IST

Varroc Engineering Limited has informed the Exchange regarding a press release dated May 27, 2026, titled "Varroc Revenue grows in double-digit YoY andreports highest ever order win".

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Price reaction · full curve 14 horizons · vs prior close
-2.1%1-day move
₹590.00
prior close
₹588.00
base price
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AI summary

Varroc Engineering reported its highest ever quarterly revenue of ₹23,681 million in Q4 FY26, marking 12.8% YoY growth. Full year FY26 revenue stood at ₹88.9 billion with 9% growth. The company achieved record-breaking net new business wins worth ₹32,889 million in annualized peak revenues. EBITDA margin improved to 9.7% in Q4 and 9.4% for FY26. Net debt was reduced significantly by ₹2,528 million to ₹4,952 million, with a comfortable net debt-to-equity ratio of 0.27. ROCE improved to 24.4%. EV revenue contributed 14% of Q4 revenue. The Board recommended a 150% dividend on face value.

Likely market impact

Strong double-digit revenue growth, improving margins, record order wins, and significant deleveraging signal operational strength. The highest-ever business wins and growing EV content provide visibility on future revenue growth, which could be positive for the stock.