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Varroc Engineering Share Price Target 2025, 2026 to 2030

Varroc Engineering Share Price Target 2025, 2026 to 2030

Price Target January 21, 2025 0
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Varroc Engineering Ltd, the flagship company of the Aurangabad-based Varroc Group, is a leading global tier-1 automotive component manufacturer. Established in 1990, Varroc specializes in designing, manufacturing, and supplying a comprehensive range of components for passenger cars, commercial vehicles, two-wheelers, three-wheelers, and off-highway vehicles. Its diverse product portfolio includes exterior lighting systems, plastic and polymer components, electrical-electronics components, and precision metallic components, aligning with the industry’s shift toward safer, greener, smarter, and connected vehicles. With a strong focus on research and development, Varroc has become a trusted partner for top original equipment manufacturers (OEMs) worldwide. Operating over 39 manufacturing facilities with more than 7,000 employees globally, the company reported a robust revenue of over ₹69,000 million (approximately $910 million USD) in FY23, underscoring its significant contribution to the automotive sector.

Recent News on Varroc Engineering

On January 10, 2025, Varroc Engineering Ltd experienced a remarkable surge in trading activity on the Bombay Stock Exchange (BSE). The company recorded a trading volume of 7.08 lakh shares, representing an impressive 9.25 times increase compared to its two-week average daily volume. This significant uptick in trading activity highlights heightened investor interest and activity around Varroc Engineering Ltd, potentially driven by market developments or investor sentiment surrounding the company’s performance and prospects.

Shareholdings Patterns of Varroc Engineering

Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024
Promoters +75.00%75.00%75.00%75.00%75.00%
FIIs +4.57%4.22%4.24%3.80%3.89%
DIIs +11.44%12.15%12.74%12.65%12.49%
Public +8.99%8.64%8.04%8.54%8.62%
No. of Shareholders88,08086,73889,54999,50098,417

The shareholding pattern of Varroc Engineering Ltd remained consistent in terms of promoter ownership throughout 2023 and 2024, with promoters holding a stable 75.00% stake across all quarters. Foreign Institutional Investors (FIIs) exhibited a slight decline in their stake, decreasing from 4.57% in December 2023 to 3.89% by December 2024. Domestic Institutional Investors (DIIs) showed an increasing trend initially, rising from 11.44% in December 2023 to 12.74% in June 2024, before tapering slightly to 12.49% by December 2024. The public shareholding fluctuated marginally, starting at 8.99% in December 2023, dipping to 8.04% in June 2024, and recovering to 8.62% by December 2024. Additionally, the number of shareholders saw notable changes, increasing from 88,080 in December 2023 to a peak of 99,500 in September 2024, before slightly declining to 98,417 by December 2024. This data highlights the stability in promoter control and gradual shifts in institutional and public participation in Varroc Engineering Ltd.

How to Purchase Varroc Engineering Shares in India?

Below are the trading platforms that you can use to purchase Varroc Engineering shares:

➤ Zerodha

➤ Upstox

➤ Groww

➤ AngelOne

➤ ICICIDirect

Varroc Engineering Share Price Prediction: 2025 – 2030

Varroc Engineering Share Price Prediction 2025

WhenMaximum PriceMinimum Price
February 2025637.99490.76
March 2025651.39501.07
April 2025644.94496.11
May 2025626.15481.66
June 2025654.33503.33
July 2025641.50493.46
August 2025661.34508.72
September 2025669.28514.83
October 2025686.68528.21
November 2025703.84541.42
December 2025735.52565.78

As we step into 2025, Varroc Engineering’s share prices are expected to demonstrate a dynamic trend throughout the year. In February 2025, the maximum price is projected to reach ₹637.99, with the minimum price likely to touch ₹490.76. By December 2025, the share prices are anticipated to peak further, with a maximum price of ₹735.52 and a minimum price of ₹565.78.

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Varroc Engineering Share Price Target 2026

WhenMaximum PriceMinimum Price
January 2026757.58582.76
February 2026738.64568.19
March 2026753.42579.55
April 2026768.79591.38
May 2026761.18585.52
June 2026780.21600.16
July 2026764.91588.39
August 2026788.57606.59
September 2026804.34618.72
October 2026825.25634.81
November 2026845.88650.68
December 2026867.03666.95

As we move through 2026, Varroc Engineering’s share prices are anticipated to show a consistent upward trajectory. In January 2026, the maximum price is expected to reach ₹757.58, while the minimum price may settle at ₹582.76. By December 2026, the share prices are projected to rise further, with the maximum price touching ₹867.03 and the minimum price likely to be ₹666.95. This steady growth underscores Varroc Engineering’s potential as we move forward in the year.

Varroc Engineering Share Price Prediction 2027

WhenMaximum PriceMinimum Price
January 2027875.70673.62
February 2027898.15690.89
March 2027933.18717.83
April 2027914.89703.76
May 2027888.24683.26
June 2027928.21714.01
July 2027910.01700.01
August 2027938.15721.66
September 2027970.99746.91
October 2027996.23766.33
November 20271,021.14785.49
December 20271,046.67805.13

Varroc Engineering Share Price Target 2028

WhenMaximum PriceMinimum Price
January 20281,067.60821.23
February 20281,094.98842.29
March 20281,137.68875.14
April 20281,115.37857.98
May 20281,082.89832.99
June 20281,131.62870.47
July 20281,109.43853.41
August 20281,143.74879.80
September 20281,183.77910.59
October 20281,214.55934.27
November 20281,244.91957.63
December 20281,276.04981.57

Varroc Engineering Share Price Target 2029

WhenMaximum PriceMinimum Price
January 20291,301.561,001.20
February 20291,334.931,026.87
March 20291,386.991,066.92
April 20291,359.801,046.00
May 20291,320.191,015.53
June 20291,379.601,061.23
July 20291,352.551,040.42
August 20291,394.381,072.60
September 20291,443.181,110.14
October 20291,480.711,139.00
November 20291,517.721,167.48
December 20291,555.671,196.67

Varroc Engineering Share Price Prediction 2030

WhenMaximum PriceMinimum Price
January 20301,586.781,220.60
February 20301,627.471,251.90
March 20301,690.941,300.72
April 20301,657.781,275.22
May 20301,609.501,238.07
June 20301,681.921,293.79
July 20301,648.941,268.42
August 20301,699.941,307.65
September 20301,759.441,353.42
October 20301,805.191,388.61
November 20301,850.321,423.32
December 20301,896.571,458.90

As we look ahead to 2030, Varroc Engineering’s share prices are expected to exhibit significant growth throughout the year. In January 2030, the maximum price is projected to reach ₹1,586.78, while the minimum price may settle at ₹1,220.60. By December 2030, the share prices are anticipated to climb further, with the maximum price touching ₹1,896.57 and the minimum price likely to be ₹1,458.90. This forecast highlights a strong upward momentum for Varroc Engineering as the year progresses.

Financial Condition of Varroc Engineering

Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024TTM
Sales +11,1224,3745,8446,8917,5527,839
Expenses +10,3064,0365,4846,3166,7937,060
Operating Profit816338360575759779
OPM %7%8%6%8%10%10%
Other Income +94-556-996-8216659
Interest13989118190194182
Depreciation732274305337337333
Profit before tax39-581-1,059-773294323
Tax %94%8%5%6%-81%
Net Profit +3-629-1,107-817532534
EPS in Rs0.01-41.36-72.64-53.6634.4334.53
Dividend Payout %21284%0%0%0%0%

Over the past five years, Varroc Engineering has faced challenges but steadily worked to improve its financial health. In March 2020, the company earned ₹11,122 crores in sales, but this dropped significantly to ₹4,374 crores in March 2021 due to tough times. However, sales gradually recovered each year, reaching ₹7,552 crores by March 2024, showing that the company is back on a growth path.

The company’s profit from business operations (before extra costs) also reflected this recovery. Starting at ₹816 crores in March 2020, profits dropped to ₹338 crores in 2021 but then steadily increased to ₹759 crores by 2024. This improvement highlights how Varroc Engineering became more efficient and better at managing its work.

While the company faced losses for a few years, with the biggest loss of ₹1,107 crores in March 2022, it made a strong comeback by 2024, recording a net profit of ₹532 crores. Though it didn’t give any dividends after 2020, this decision helped the company focus on becoming stronger. Varroc Engineering’s journey shows resilience and determination, positioning it for a promising future.

FAQs

What is the current market capitalization of Varroc Engineering?

Varroc Engineering currently boasts a market capitalization of ₹8,823 crore.

What is the current share price of Varroc Engineering?

As of 21st January, the share price stands at ₹577.

What is the projected maximum share price target for 2025?

The maximum share price target for 2025 is projected at ₹735.52.

What is the projected maximum share price target for 2030?

The share price is anticipated to reach a maximum of ₹1,896.57 by 2030.

What is the current P/E ratio of Varroc Engineering?

The current P/E ratio is 16.7.

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Conclusion

In conclusion, Varroc Engineering Ltd stands out as a key player in the global automotive components industry, leveraging its innovative capabilities and operational efficiency to drive growth. The company has demonstrated resilience in overcoming financial challenges, with a significant recovery in revenue and profitability by FY24. Share price projections indicate strong upward momentum, with targets reaching ₹735.52 by 2025 and an impressive ₹1,896.57 by 2030, reflecting market confidence in its future. With a stable shareholding pattern and increasing investor interest, Varroc Engineering is well-positioned for sustained growth and value creation.

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Author: Ashnoor

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