Varroc Engineering Ltd
NSE:VARROC
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.
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.
Peer Comparison
| Country | Company | Market Cap |
Gross Margin |
||
|---|---|---|---|---|---|
| IN |
V
|
Varroc Engineering Ltd
NSE:VARROC
|
78.6B INR |
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|
|
| JP |
|
Sumitomo Electric Industries Ltd
TSE:5802
|
7.8T JPY |
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|
|
| JP |
|
Denso Corp
TSE:6902
|
5.6T JPY |
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|
|
| KR |
|
Hyundai Mobis Co Ltd
KRX:012330
|
36.1T KRW |
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|
|
| CN |
|
Fuyao Glass Industry Group Co Ltd
SSE:600660
|
153.6B CNY |
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|
|
| CA |
|
Magna International Inc
TSX:MG
|
24.1B CAD |
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|
|
| CN |
|
Ningbo Tuopu Group Co Ltd
SSE:601689
|
111.2B CNY |
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|
|
| DE |
|
Continental AG
XETRA:CON
|
13.5B EUR |
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|
|
| IE |
|
Aptiv PLC
NYSE:APTV
|
15.2B USD |
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|
|
| IN |
|
Samvardhana Motherson International Ltd
NSE:MOTHERSON
|
1.3T INR |
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|
|
| US |
|
Modine Manufacturing Co
NYSE:MOD
|
11.2B USD |
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|
Market Distribution
| Min | -3 052.3% |
| 30th Percentile | 26.9% |
| Median | 39% |
| 70th Percentile | 53.3% |
| Max | 8 269.1% |
Other Profitability Ratios
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.
See Also
Gross Margin is calculated by dividing the Gross Profit by the Revenue.
The current Gross Margin for Varroc Engineering Ltd is 35.9%, which is above its 3-year median of 35.8%.
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.