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

615.2000 1.85 (0.30%)

NSE Jun 19, 2026 15:31 PM

33.16% Gain from 52W Low

Volume: 83,632

Varroc Engineering Ltd.

07 Aug 2024

615.20

0.30%

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.