Varroc Engineering Ltd (VARROC) Announcements - Latest Exchange Filings with AI Summaries
Latest corporate announcements filed by Varroc Engineering Ltd on NSE and BSE, with an AI summary of each filing.
Audio Link
Audio / Video · 04 Nov 2026, 11:42 pm
Varroc Engineering Discloses Earnings Call Audio for Q2 FY27 Varroc Engineering Limited has submitted the audio recording link for its investors and earnings conference call conducted on 4th Nov'26. The call reviewed the company's un-audited financial results for the quarter and half-year ended 30th Sep'26, in compliance with regulatory disclosure requirements for listed entities on the NSE and BSE.
RPT
Others (Uncategorized) · 04 Nov 2026, 8:56 pm
Varroc Engineering Discloses Consolidated Related Party Transactions for H1 FY27 Varroc Engineering submitted its consolidated Related Party Transactions disclosure for the half-year ended 30th Sep'26 under Regulation 23(9) of SEBI Listing Regulations. Key transactions included significant intra-group financing, such as loans of 560.05 to VarrocCorp Holding B.V. and corporate guarantees of 940.89 to Varroc Electronics Romania. Major dividend receipts comprised 94.34 from Durovalves India and 390.80 from Varroc Vietnam to Varroc Italy. Remuneration was led by Chairman and Managing Director Tarang Jain at 98.55, alongside ongoing operational sales, services, and brand royalties across global subsidiaries.
Nil Deviation Report
Others (Uncategorized) · 04 Nov 2026, 8:46 pm
Varroc Engineering Confirms Nil Deviation in Utilization of ₹50 Crore Commercial Paper Proceeds Varroc Engineering confirmed nil deviation or variation in the utilization of ₹50.00 Cr raised via Commercial Paper allotted on 24th Sep'26 during Q2 FY26-27. In compliance with SEBI Listing Regulations, the company stated that the issue proceeds have been fully deployed for the stated objectives outlined in its offer document. No other fund-raising activities were conducted during the quarter ended 30th Sep'26.
Press Release
Press Release · 04 Nov 2026, 8:36 pm
Varroc Engineering Reports Strong Q2 FY27 Results Driven by Electric Vehicle Surge Varroc Engineering posted record post-divestment consolidated Q2 FY27 revenue of ₹29,479 million, up 33.6% YoY and 11.9% QoQ, driven by a ~130% YoY surge in EV-related revenue, which reached ~19% of sales. EBITDA stood at ₹2,611 million with margins improving 40 bps QoQ to 8.9%. PBT before exceptional items grew 53.6% YoY to ₹1,401 million. H1 FY27 net order wins reached ₹10,127 million (48% EV-linked). Consolidated net debt stood at ₹5,547 million as of 30th Sep'26, while the firm plans to acquire a stake in Forsee Power India.
Investor Presentation
Investor Presentation · 04 Nov 2026, 8:32 pm
Varroc Engineering Limited Q2 FY27 Financial and Operational Performance Varroc Engineering reported consolidated Q2 FY27 revenue of Rs 29,479 million, up 33.6% YoY, driven by 29.5% growth in India and 104.1% overseas. EBITDA stood at Rs 2,611 million with margins at 8.9% (vs 9.1% YoY), impacted by ~80 bps from war-related cost under-recoveries. PBT before exceptional items rose to Rs 1,401 million (4.7% margin), while PAT was Rs 335 million after a Rs 631 million exceptional restructuring charge for Italian 2W lighting operations. EV revenue surged 130% YoY to ~19% of total sales. Net debt closed at Rs 5,547 million.
BM outcome
Financial Result · 04 Nov 2026, 7:46 pm
BM outcome Results
Outcome · 04 Nov 2026, 7:41 pm
Varroc Engineering Limited has submitted to the Exchange, the financial results for the period ended September 30, 2026.
Outcome · 04 Nov 2026, 7:39 pm
Varroc Engineering Ltd - Financial Result for the Quarter ended 30th Sep'26 (Consolidated, INR Million) ■ Revenue: 29,479 (+33.6% YoY | +11.9% QoQ) ■ EBITDA: 2,571 (+26.7% YoY | +15.9% QoQ) ■ EBITDA Margin (%): 8.7 (-47 bps YoY | +30 bps QoQ) ■ PAT: 328 (-46.1% YoY | -57.5% QoQ) ■ EPS (INR): 2.15 (-46.1% YoY | -57.5% QoQ) Varroc Engineering Ltd - Financial Result for the Quarter ended 30th Sep'26 (Consolidated, INR Million) Segmental Performance Automotive ■ Revenue: 28,709 (+33.0% YoY | +12.5% QoQ) ■ EBIT: 1,100 (-15.2% YoY | -22.4% QoQ) ■ EBIT Margin (%): 3.8 (-218 bps YoY | -173 bps QoQ) Others ■ Revenue: 770 (+56.1% YoY | -7.7% QoQ) ■ EBIT: -45.9 (+53.8% YoY | -1054.3% QoQ) ■ EBIT Margin (%): -6.0 (+1419 bps YoY | -549 bps QoQ)
The timing of the Investor Call scheduled to be held on Wednesday, November 4, 2026, to discuss the Un-audited Financial Results of the Company for the quarter ended September 30, 2026, ....
Intimation · 28 Oct 2026, 5:58 pm
Varroc Engineering Revises Q2FY27 Earnings Conference Call Timing to 4:00 PM IST Varroc Engineering has rescheduled its analyst and investor conference call to discuss unaudited financial results for the quarter ended 30th Sep'26 (Q2FY27). The call, scheduled for 4th Nov'26, will now take place at 4:00 p.m. IST instead of the previously communicated 5:00 p.m. IST. Hosted by ICICI Securities, the meeting will feature senior management, including Chairman & Managing Director Tarang Jain, CEOs Arjun Jain and Dhruv Jain, and Group CFO K. Mahendra Kumar. All other details and dial-in parameters remain unchanged.
Execution of definitive agreements regarding investment in Forsee
Others (Uncategorized) · 26 Oct 2026, 11:28 pm
Varroc Engineering to Acquire 45% Stake in Forsee Power India Varroc Engineering executed definitive agreements on 26th Oct'26 to acquire a 45% equity stake (2,95,398 equity shares) and subscribe to 80,380 OCRPS in Forsee Power India for an aggregate cash consideration not exceeding €4.5 million. Forsee specializes in manufacturing, assembly, and testing of EV battery pack and management systems, reporting FY26 revenue of ₹18.84 cr. The strategic investment expands Varroc's electric mobility footprint and is slated for completion by 31st Dec'26, subject to customary closing conditions.
Varroc Engineering Limited has informed the Exchange about Board Meeting to be held on 04-Nov-2026 to consider and approve the Quarterly Unaudited Financial results of the Company for the period ended September 2026 and Other business.
Intimation · 04 Nov 2026, 5:30 am
Varroc Engineering Limited has informed the Exchange about Board Meeting to be held on 04-Nov-2026 to consider and approve the Quarterly Unaudited Financial results of the Company for the period ended September 2026 and Other business.
Intimation · 04 Nov 2026, 5:30 am
Schedule of Investor call - UFR Q2 FY 2026-27
Intimation · 04 Nov 2026, 5:00 pm
Varroc Engineering Schedules Q2FY27 Earnings Conference Call Varroc Engineering Limited will host an analyst and investor conference call on 4th Nov'26 at 17:00 hrs IST to discuss its unaudited financial results for the quarter ended 30th Sep'26 (Q2FY27). Senior management, including Chairman & Managing Director Tarang Jain, Business CEOs Arjun Jain and Dhruv Jain, and Group CFO Mahendra Kumar, will represent the company. The call is coordinated by ICICI Securities with universal dial-in access via +91 22 6280 1144 and +91 22 7115 8045.
Varroc Engineering Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 04/11/2026 ,inter alia, to consider and approve Un-audited Financial Results ....
Intimation · 04 Nov 2026, 5:30 am
Varroc Engineering Schedules Board Meeting on 4th Nov'26 to Consider Q2 Results Varroc Engineering Limited has scheduled a meeting of its Board of Directors on 4th Nov'26 to consider and approve the un-audited standalone and consolidated financial results for the quarter and half-year ended 30th Sep'26, alongside other business matters. The trading window for dealing in the company's securities, which closed on 1st Oct'26, will remain shut until 6th Nov'26, concluding 48 hours after the announcement of the financial results.
To consider and approve the financial results for the period ended September 30, 2026 and other business matters
Intimation · 04 Nov 2026, 5:30 am
Press Release Acquisition of stake in Forsee
Press Release · 16 Oct 2026, 10:07 pm
Varroc Engineering Forms Joint Venture with Forsee Power for EV Batteries Varroc Engineering announced on 16th Oct'26 a joint venture with France's Forsee Power SA to develop advanced EV battery-pack solutions in India. Varroc will acquire a 45% equity stake in Forsee Power India, exercise management and operational control, and subscribe to Optionally Convertible Redeemable Preference Shares. The partnership targets higher addressable content per vehicle, initially focusing on three-wheelers before scaling to two-wheelers, commercial vehicles, buses, trucks, and off-highway applications, combining Varroc's domestic manufacturing and OEM relationships with Forsee Power's battery expertise.
Board Meeting Outcome October 16, 2026 - Acquisition of stake in Forsee
Others (Uncategorized) · 16 Oct 2026, 9:59 pm
Varroc Engineering Approves Strategic 45% Stake Acquisition in Forsee Power India Varroc Engineering's board approved acquiring a 45% equity stake (2,95,398 shares) alongside 80,380 OCRPS in EV battery-pack maker Forsee Power India for up to €4.5 million in cash. The deal aligns with Varroc's electric mobility expansion strategy. Forsee reported FY26 unaudited turnover of ₹18.84 crore versus FY25 audited turnover of ₹10.57 crore. The transaction requires no regulatory approvals and is scheduled to close on or before 31st Dec'26, subject to customary conditions precedent under the definitive agreements.
Varroc Engineering Limited has informed the Exchange regarding Outcome of Board Meeting held on October 16, 2026.
Outcome · 16 Oct 2026, 9:59 pm
Varroc Engineering Acquires 45% Stake in Forsee Power India for Up to €4.5M Varroc Engineering's board approved acquiring a 45% equity stake (2,95,398 shares) alongside 80,380 optionally convertible redeemable preference shares in Forsee Power India for an aggregate cash consideration not exceeding €4.5 million. Forsee specializes in manufacturing, testing, and assembling EV battery packs and battery management systems. Its turnover stood at ₹18.84 crore in FY26 (unaudited), up from ₹10.57 crore in FY25. The strategic investment strengthens Varroc's electric mobility capabilities, with transaction closure targeted on or before 31st Dec'26.
Reg 30 update
Others (Uncategorized) · 14 Oct 2026, 11:44 pm
RBI Issues Compounding Order of ₹3.91 Lakh on Varroc Engineering Varroc Engineering has received a compounding order dated 13th Oct'26 from the Reserve Bank of India (Foreign Exchange Department, Mumbai) regarding delays in repatriating dues receivable from a foreign entity under Regulation 9(4) of FEMA (Overseas Investment) Regulations, 2022. The order disposes of the company's compounding application with an imposed penalty of ₹3,91,000. Beyond this penalty amount, the company reported no material impact on its financial, operational, or other activities.
Nil Deviation Report
Others (Uncategorized) · 02 Oct 2026, 5:08 pm
Varroc Engineering Confirms Nil Deviation on Rs. 50 Crore Commercial Paper Issue Varroc Engineering Limited confirmed nil deviation in the utilization of proceeds from its Rs. 50.00 Cr Commercial Paper issued on 24th Sep'26 during Q2 FY 26-27. In compliance with SEBI Listing Regulations, the company reported that the raised funds were fully utilized in alignment with the stated objects outlined in the offer document for the quarter ended 30th Sep'26. No other fund-raising activities were undertaken during the quarter.
Certificate CP
Others (Uncategorized) · 02 Oct 2026, 4:32 pm
Varroc Engineering Submits Commercial Paper Quarterly Compliance Certificate Varroc Engineering Limited submitted its CFO compliance certificate for the quarter ended 30th Sep'26 pursuant to SEBI's Master Circular on framework for listing of Commercial Papers (CPs). The company confirmed that all proceeds from CPs issued during the quarter were utilized strictly for purposes disclosed in the respective offer documents. Additionally, the company certified full adherence to all listing conditions specified under Chapter XVII of SEBI Master Circular dated 22nd May'24.
Quarterly submission
Others (Uncategorized) · 02 Oct 2026, 4:29 pm
Varroc Engineering Discloses Compliance Officer and RTA Details to Exchanges Varroc Engineering submitted regulatory compliance details pursuant to Regulations 6(1) and 7(1) of SEBI LODR Regulations, 2015. The company confirmed the appointment of Anil Ghatiya (Membership No: A16620) as Company Secretary & Compliance Officer, effective 31st Jul'25. Additionally, MUFG Intime India Private Limited (formerly Link Intime India Private Limited; SEBI Regn: INR000004058) continues as the Registrar & Share Transfer Agent (RTA).
Reg 30
Others (Uncategorized) · 01 Oct 2026, 2:05 am
Varroc Engineering to Discontinue Italian Manufacturing Operations by Jan'27 Varroc Engineering announced that its step-down subsidiary, Varroc Italy S.p.A., will discontinue manufacturing and testing activities and reorganize R&D, retaining only sales and select R&D functions effective Jan'27, subject to trade union consultations. The decision addresses continuous losses from high labor and operating costs amid unsustainable volume projections. As of 31st Mar'26, the Italian unit contributed INR 1,252.21 mn (1.41%) to consolidated turnover and INR 1,199.57 mn (6.60%) to consolidated net worth.
Record Date -CP
Others (Uncategorized) · 28 Sept 2026, 3:14 pm
Varroc Engineering Lists Rs 50 Crore Commercial Papers on NSE Varroc Engineering Limited listed commercial papers worth Rs 50 crore on the NSE on 25th Sep'26, following their issue on 24th Sep'26. Subscribed by Kotak Mahindra Bank Limited, the 90-day instrument comprises 1,000 units at a face value of Rs 5,00,000 each, issued at Rs 491,635.50 apiece at a 6.90% discount rate. The company fixed 22nd Dec'26 as the record date for the full redemption payout of Rs 50 crore due on 23rd Dec'26. ICICI Bank Limited acted as the Issuing and Paying Agent.
Change in names of Promoter Trusts
Others (Uncategorized) · 24 Sept 2026, 8:51 pm
Varroc Engineering Discloses Name Changes for Promoter Group Trusts Varroc Engineering announced name changes for two promoter group trusts on 24th Sep'26. Naresh Chandra Holdings Trust was renamed Arjun Family Trust, and Suman Jain Holdings Trust was renamed Dhruv Family Trust. The company clarified that these revisions are strictly administrative name changes with no impact on trustees, beneficiaries, beneficial ownership, voting rights, or control. Consequently, aggregate promoter and promoter group equity shareholding remains entirely unchanged.