Quarterly Result12 Nov 2025, 05:31 pm
Varroc Engineering Delivers Highest Ever Revenue in Q2 FY26 Post Divestment
AI Summary
Varroc Engineering Ltd, a global tier-1 auto components group, announced its Q2 FY26 results with a consolidated revenue from operations of 22,073 million, a growth of 6.1% YoY. The company has been consistently improving on financial prudence, cost reduction, and customer delight since its divestment exercise. The Net Debt/EBITDA, which was more than 2x in FY 23, is now below 0.3X. The interest burden has been reduced from close to 3% of revenue in Q2 of FY 23 to below 1.5% in Q2 of FY26. The company is also focusing significantly on E-mobility, connectivity and ADAS, and looking to further grow its business in aftermarket, exports, non-auto both organically and through M&A.
Key Highlights
- Consolidated revenue from operations was 22,073 million in Q2 FY26, a growth of 6.1% YoY
- Net Debt/EBITDA is now below 0.3X, down from more than 2x in FY 23
- Interest burden reduced from close to 3% of revenue in Q2 of FY 23 to below 1.5% in Q2 of FY26
- Company is focusing significantly on E-mobility, connectivity and ADAS
- Looking to further grow its business in aftermarket, exports, non-auto both organically and through M&A