| Metric | Value (₹ Cr) | Q3 FY26 | Q4 FY25 |
|---|---|---|---|
| Revenue | 2.4K | 3.5% | 12.8% |
| Total Income | 2.4K | 3.6% | 12.8% |
| Expenditure | 2.3K | 3.4% | 13.3% |
| PBT | 107.36 | 2645.8% | 128.7% |
| Net Profit | 70.45 | 723.3% | 206.4% |
| OPM | 9.39% | 4.80pp | 1.56pp |
| NPM | 2.97% | 3.46pp | 1.88pp |
| EPS | 4.54 | 577.6% | 236.3% |
Varroc Engineering FY26 Revenue Up 9% to ₹88.9 Billion
27 May 2026 · 27 May, 4:42 pm
Summary
Varroc Engineering Ltd. reported a strong performance for Q4 FY26, with consolidated revenue from operations growing 12.8% year-on-year to ₹23,681 million, marking its highest-ever quarterly revenue post-divestment. For the full fiscal year 2026, the company achieved a consolidated revenue of ₹88.9 billion, demonstrating a 9.0% growth. Profit Before Tax (PBT) before exceptional and JV profit for Q4 FY26 rose to ₹1,074 million from ₹1,034 million in Q4 FY25, while EBITDA margin improved to 9.7% in Q4 FY26 and stood at 9.4% for the full year. Management highlighted the positive trends across all auto industry segments driven by synchronized consumption recovery, and the company achieved its highest-ever net new business wins for FY26.
Key Highlights
- 1
Q4 FY26 consolidated revenue from operations grew by 12.8% year-on-year to ₹23,681 million, representing the highest ever quarterly revenue achieved post-divestment.
- 2
For the full year FY26, the company recorded consolidated revenue of ₹88.9 billion, marking a growth of 9.0% compared to the previous financial year.
- 3
PBT before Exceptional and JV profit for Q4 FY26 increased to ₹1,074 million, up from ₹1,034 million reported in Q4 FY25.
- 4
EBITDA margin for Q4 FY26 improved to 9.7% from 9.3% in the prior quarter, with the full-year FY26 EBITDA margin standing at 9.4%.
- 5
Varroc achieved its highest-ever net new business wins in FY26, with annualized peak revenues valued at ₹32,889 million.
- 6
The company significantly reduced its net debt to ₹4,952 million in FY26, a reduction of ₹2,528 million from the previous year, resulting in a comfortable net debt to equity ratio of 0.27.
- 7
The Board of Directors has recommended a dividend of 150% of the Face value for FY26.
Management Comments
Mr. Tarang Jain
India continues to remain one of the fastest-growing major economies, supported by strong domestic consumption demand, infrastructure investments, and policy-led manufacturing initiatives despite global headwinds. The rural consumption growth is driven by increased farm plus non-farm incomes and easing rural inflation, whereas the urban consumption growth is driven by fiscal stimulus, tax relief and lower finance costs. This synchronised consumption recovery is driving growth in the automotive sector also. In addition to this, mega trends like rising disposable incomes, increasing vehicle penetration, premiumization trends, and a strong push towards electrification are also driving demand across segments. This was evident during Q4 of FY26 with all segments of the auto industry showing strong growth on YoY basis as well as QoQ. For the Full Year of FY 26 also, we saw similar positive trends across all the segments.
Informational and educational content only. Not investment advice.