VARROC Varroc Engineering Q1 FY26 results (Apr–Jun 2025) and concall
Varroc Engineering reported a resilient Q1 FY26 with consolidated revenue growth of 6.8% and EBITDA margin expansion to 9.5%. The company significantly reduced its net debt by INR3,002 million, bringing net debt to equity below 0.3x. New business wins amounted to INR291 crores in annualized peak revenue, with EV customer revenue reaching 11% of the total. However, the near-term EV outlook is challenged by rare earth magnet supply, and the overseas business remains in a transition phase, expected to turn profitable by FY27.
You’re reading a preview. Opening the full call uses 1 concall credit.
Sign in to use your monthly call allowance.
What they filed
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 |
|---|---|---|---|---|
| Revenue | 2,081 | 2,075 | 2,099 | 2,028 |
| EBITDA | 208 | 186 | 221 | 195 |
| Net profit | 58 | -45 | 23 | 107 |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Inve summary of a publicly available earnings call transcript; see how call summaries are prepared. Not investment advice.
