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
| Value Stock, Under Radar

470.4000 -10.35 (-2.15%)

NSE Mar 16, 2026 10:23 AM

32.29% Fall from 52W High

Volume: 32,478

Varroc Engineering Ltd.

07 Aug 2024

470.40

-2.15%

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 has lost -26.97% in the last 3 Months