Name: Latest research reports of Varroc Engineering Ltd. authored by ICICI Securities Limited and published by - Trendlyne research reports.
Item: Varroc Engineering Ltd.
Rating: 3
Author: ICICI Securities Limited

Varroc Engineering Ltd.

NSE: VARROC | BSE: 541578 | ISIN: INE665L01035 | Industry: Auto Parts & Equipment
| Strong Performer, Under Radar

619.7000 -3.30 (-0.53%)

NSE Jun 17, 2026 15:31 PM

34.13% Gain from 52W Low

Volume: 127.1K

Varroc Engineering Ltd.

07 Aug 2024

619.70

-0.53%

Sub-10% EBITDA margin trend continues; downgrade to HOLD

Hold: Varroc Engineering Ltd.

Recommendation Target

ICICI Securities Limited

Varroc Engineering’s (VAR) EBITDAM stood at 9.2%, down ~30bps YoY, and 100bps lower than consensus estimate in Q1FY25.

Varroc Engineering L.. has an average target of 675.00 from 1 broker.