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
| Mid-range Performer

561.0000 -4.95 (-0.87%)

NSE Jul 11, 2025 15:31 PM

49.96% Gain from 52W Low

Volume: 105.1K

Varroc Engineering Ltd.

07 Aug 2024

561.00

-0.87%

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 593.00 from 2 brokers.