V

Varroc Engineering Ltd
NSE:VARROC

Watchlist Manager
Varroc Engineering Ltd
NSE:VARROC
Watchlist
Price: 514.5 INR -2.05% Market Closed
Market Cap: ₹78.6B

Gross Margin

35.9%
Current
Improving
by 0.1%
vs 3-y average of 35.8%

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
35.9%
=
Gross Profit
₹30.9B
/
Revenue
₹86.2B

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
35.9%
=
Gross Profit
₹30.9B
/
Revenue
₹86.2B

Peer Comparison

Country Company Market Cap Gross
Margin
IN
Varroc Engineering Ltd
NSE:VARROC
78.6B INR
Loading...
JP
Sumitomo Electric Industries Ltd
TSE:5802
7.8T JPY
Loading...
JP
Denso Corp
TSE:6902
5.6T JPY
Loading...
KR
Hyundai Mobis Co Ltd
KRX:012330
36.1T KRW
Loading...
CN
Fuyao Glass Industry Group Co Ltd
SSE:600660
153.6B CNY
Loading...
CA
Magna International Inc
TSX:MG
24.1B CAD
Loading...
CN
Ningbo Tuopu Group Co Ltd
SSE:601689
111.2B CNY
Loading...
DE
Continental AG
XETRA:CON
13.5B EUR
Loading...
IE
Aptiv PLC
NYSE:APTV
15.2B USD
Loading...
IN
Samvardhana Motherson International Ltd
NSE:MOTHERSON
1.3T INR
Loading...
US
Modine Manufacturing Co
NYSE:MOD
11.2B USD
Loading...

Market Distribution

In line with most companies in India
Percentile
45th
Based on 4 996 companies
45th percentile
35.9%
Low
-3 052.3% — 26.9%
Typical Range
26.9% — 53.3%
High
53.3% — 8 269.1%
Distribution Statistics
India
Min -3 052.3%
30th Percentile 26.9%
Median 39%
70th Percentile 53.3%
Max 8 269.1%

Varroc Engineering Ltd
Glance View

In the bustling ecosystem of the global automotive industry, Varroc Engineering Ltd. has carved out a notable position as a dynamic player specializing in automotive components. Founded in 1990 by the industrious Tarang Jain, the company started as a modest manufacturer of plastic moldings. Over the decades, Varroc metamorphosed into a prominent entity in the automotive supply chain, diversifying its offerings to a comprehensive portfolio that includes lighting systems, electrical components, powertrain products, and a range of body and chassis parts. With its headquarters nestled in Aurangabad, India, the company rapidly scaled its operations, extending its footprint across 36 manufacturing facilities in multiple countries, establishing itself as a globally recognized supplier, especially dominant in the two-wheeler segment. Varroc Engineering Ltd.'s growth trajectory is fueled by its strategic focus on innovation and robust customer relationships. By leveraging technological advancements, it seamlessly integrates smart lighting solutions and electronics into its platforms, catering to the ever-evolving demands of automakers pursuing efficient and sustainable vehicle models. The company capitalizes on its strong partnerships with original equipment manufacturers (OEMs), ensuring a steady revenue stream by supplying a diversified range of components. Additionally, its efforts in research and development drive cost efficiency and product differentiation, allowing it to maintain competitive pricing while meeting the stringent quality standards of the automotive giants it serves. Through this strategic amalgamation of innovation, global reach, and customer-centric focus, Varroc Engineering Ltd. sustains its momentum in the fast-paced domain of automotive component supply.

VARROC Intrinsic Value
HIDDEN
Show
What is Gross Margin?
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
How is Gross Margin calculated?

Gross Margin is calculated by dividing the Gross Profit by the Revenue.

Gross Margin
35.9%
=
Gross Profit
₹30.9B
/
Revenue
₹86.2B
What is Varroc Engineering Ltd's current Gross Margin?

The current Gross Margin for Varroc Engineering Ltd is 35.9%, which is above its 3-year median of 35.8%.

How has Gross Margin changed over time?

Over the last 3 years, Varroc Engineering Ltd’s Gross Margin has increased from 34.5% to 35.9%. During this period, it reached a low of 32.8% on Mar 31, 2023 and a high of 37.5% on Jun 30, 2024.

Back to Top
Get AI-powered insights for any company or topic.
Open AI Assistant

Intrinsic Value is all-important and is the only logical way to evaluate the relative attractiveness of investments and businesses.

Warren Buffett