Automobile and Auto ComponentsMid capRs 12,452 crRs 26.6 cr traded a day
Close on 2026-08-21
814.95
−1.13%
52-week range91% of the way up
467.40847.90
Market cap
12,452 cr
P/E (TTM)
135.8×
industry 38×
EPS (TTM)
6.00
Revenue YoY
+38.7%
Q1 FY27
Profit YoY
+128.1%
Net margin
2.9%
+1.2pt vs a year ago
Growth trend
+18.8pt
vs last quarter’s YoY
1 month
+27.2%
Below 52w high
4.0%
RSI (14)
79
overbought
Daily swing
4.7%
average true range
Volume
0.1×
vs 20-day average
Traded
Rs 27 cr
median day
Close200-day averageMaterial filing
260 sessions · hover for the filing behind a move
1 week
−3.89%
1 month
+27.19%
3 months
+41.80%
6 months
+48.25%
1 year
+44.26%
The read
written from the numbers on this page
The evidence leans constructive7 supporting, 1 against, 1 worth knowing
Supporting
trading 37% above its 200-day average
sitting at 91% of its 52-week range, with little overhead supply from trapped buyers
up 44% over twelve months
matches stretched far above trend, which has beaten the market by +0.82 points over 20 sessions across 27,715 past signals
5 independent kinds of evidence agree today, which is uncommon
revenue grew 39% year on year in the quarter ending 2026-06-30
net margin has widened from -2.2% to 2.9% across four quarters
Against
priced at 136× earnings against an industry median of 38× — 257% above its peers
Worth knowing
RSI at 79 is stretched; strong stocks stay stretched for a long time, so this is a note on entry timing, not on direction
What would change this read: a close below 596, its 200-day average; a failure to hold the top of its 52-week range.
Assembled automatically from the figures on this page — the scans matched, their measured record, the filed financials, the derivatives positioning and the peer comparison. It is not a recommendation, no one has spoken to the company, and every claim above can be checked against a number further down this page.
What is working, what is not
read from the filings, with the figure behind every line
Working3
Net profit +34.4% year on year, Rs 58 cr to Rs 78 cr.
+34.4%Rs 58 crRs 78 cr
Operating cash flow was Rs 537 cr against Rs 92 cr of profit over four quarters, 586% of it.
Rs 537 crRs 92 cr586%
Revenue +26.6% year on year, Rs 2,081 cr to Rs 2,634 cr.
+26.6%Rs 2,081 crRs 2,634 cr
Needs watching1
Automotive is 97% of revenue, so the business rests on one segment.
Automotive97%
Every figure here is computed from the company’s own filings. The wording is generated directly from the figures.
How it has performed
price return over each window, measured against zero
What the scans say today
11 of 47 matched on 2026-08-21
VARROC matches 11 of the 47 scans today, across 5 different kinds of evidence. Three or more independent families agreeing is uncommon — it is the same test the shortlist on every page uses.
segments and revenue mix, as the company reports them
VARROC reports 2 business segments. The largest is Automotive at 97% of revenue in the quarter ending 2026-06-30. On these numbers this is effectively a single-segment business, so the group result and that segment’s result move together.
SegmentRevenueSharevs a year ago
Automotive2,551 cr96.8%—
Others83 cr3.2%—
Segment names are the company’s own, taken verbatim from the reportable-segment disclosure in its quarterly XBRL filing. Nothing on this page describes the business in words we wrote.
Quality of the business
balance sheet as at 2026-03-31
Return on equity
5.1%
trailing profit over shareholders’ funds
Return on capital
7.6%
pre-tax profit over equity plus borrowings
Debt to equity
0.41×
738 cr borrowed against 1,780 cr of equity
Net debt
613 cr
borrowings less cash
Cash conversion
586%
operating cash flow as a share of profit
Receivable days
29
how long customers take to pay
Return on capital uses profit before tax over equity plus borrowings. The textbook version adds finance costs back; those are not tagged reliably in quarterly filings, so this understates the ratio for a heavily borrowed company rather than flattering it. Balance sheets are filed half-yearly, so these can be up to six months behind the profit figures above.
Valuation against its own history
500 sessions since 2024-09-06
15×
median 82×
238×
now 136×
VARROC trades at 136× trailing earnings, above its median of 82× over this window — 65% more expensive than usual. The band runs from the 5th to the 95th percentile, so single-day spikes do not set the edges.
This window is short by the standards of valuation history — it begins where four quarters of filed earnings first exist. A stock can look cheap against two years and expensive against ten.
Analyst call filings were typically +0.14pt vs the market over the next 5 sessions (n=3,352) · Other filing filings were typically -0.08pt vs the market over the next 5 sessions (n=12,093) · AGM / EGM filings were typically +0.00pt vs the market over the next 5 sessions (n=4,362)
The business
from the company’s filed results
Everything below is taken from the company’s own quarterly filing with the exchange — the XBRL document it submitted, not a vendor’s summary of it. Figures in rupees crore.
RevenueNet profit, drawn inside its revenue barNet margin, own scale belowrupees crore, per quarter as filed. Revenue bars start at zero.
Going for it
revenue grew 39% against the same quarter a year earlier
profit rose 128% year on year
net margin narrowed from 3.0% to 2.9%
revenue rose in 3 of the last 4 quarters
Going against it
nothing clear in the filed numbers
Quarter-by-quarter numbers, as filed
Quarter
Revenue
Profit before tax
Net profit
EPS
Net margin
Q1 FY27
2026-06-30 · consolidated
2,634
113
78
5.06
2.9%
Q4 FY26
2026-03-31 · consolidated
2,368
107
70
4.54
3.0%
Q3 FY26
2025-12-31 · consolidated
2,288
-4
-11
—
-0.5%
Q3 FY25
2024-12-31 · consolidated
2,075
-25
-45
-3.10
-2.2%
Q2 FY25
2024-09-30 · consolidated
2,081
90
58
3.64
2.8%
Q1 FY25
2024-06-30 · consolidated
1,899
53
34
2.12
1.8%
Quarterly filings are unaudited unless stated. Consolidated figures are used where the company files both. A single quarter is a noisy thing — the trend across the column is worth more than the top row.
Where the price stands
the same figures every scan on this site is computed from
Trend
Distance from the averages traders watch. Above all of them is a bull phase; below the 200-day is the line most investors use to say otherwise.
Versus 50-day average+18.3%
Versus 200-day average+36.8%
Below 52-week high-3.9%
Above 52-week low+74.4%
Momentum
How hard it has been pushed lately. Above 70 on RSI is stretched, below 30 is washed out — neither is a signal on its own.
RSI (14)79.3
Higher closes in last 50 of 5
Six-month return+48.25%
Risk and liquidity
What a position costs to hold and to exit. Position sizing starts with the daily swing, not with conviction.
Typical daily swing (ATR)4.66%
Volume versus 20-day0.1x
Median daily turnoverRs 26.6 cr
Peers
Automobile and Auto Components · 47 classified companies
VARROC trades at 135.8× trailing earnings against an industry median of 38.1× across 44 other classified companies in its industry — more expensive than them, by 257%. A multiple is a statement about expectations, not about quality: cheap usually means the market expects less, and it is often right.
largest twelve by market capitalisation. Market cap and P/E need filed financials, so blanks are companies whose filings have not been read yet
Recent sessions
what this stock has matched since the engine went live
This is the live record, not the backtest — the scans this stock actually appeared in on each stored session. A name that keeps reappearing is in a persistent condition; a one-day appearance usually is not.