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Varroc Engineering Limited Location T. Score Peers Charges People Network Registered Details
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VARROC ENGINEERING LIMITED

www.varrocgroup.com
Active
Updated: 05 Nov 2024

The company designs, manufactures and supplies exterior lighting systems, plastic and polymer components, electrical and electronics components and precision metallic components worldwide.

Varroc Engineering Limited, is an unlisted public company incorporated on 11 May, 1988. It is classified as a public limited company and is located in Aurangabad, Maharashtra. It's authorized share capital is INR 50.45 cr and the total paid-up capital is INR 15.28 cr.

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Industry

Manufacturing (Metals & Chemicals and their products)
Products
  • spools, co-extruded thermoplastic sheets, starter motors, catalytic converters, LED front lighting products, wiper motors, magneto, handlebar assemblies, front axle beams, and hydraulic components; sodium filled, knuckles, flanges, and titanium valves; and transmission assemblies, HVAC and under hood parts, LED mini-projectors low/high beam sub-assemblies, as well as rubber and rubber to metal bonded parts; and electrical products, projector headlamps with LED signature, instrument panels, crankshafts, ring gears, idler and motor cardan shafts, door trims, connecting rods, painted fairing and seat cowls, LED signature rear lamps, crank pins, sun and planetary gears, and undercarriage track links., regulator rectifiers, and switches, signal lightings, and mirror, interior trims, and seat assemblies, camshafts, air filter, CDI and TCI units, such as digital instrument cluster, hollow engine
Key Metrics

** All rupee values in INR crores. Based on March 2024 numbers.

Sales
12.56%
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EBITDA
21.91%
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Net Profit
-
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Networth
64.23%
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Borrowings
-24.24%
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Assets
-6.41%
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Gross Margin
0.15
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Operating Margin
0.56
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Net Profit Margin
42.73
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Return on Equity
289.37
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ROCE
75.18
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Debt to Equity
-1.6
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Sales
Mar 2024
Net worth
Mar 2024

Locations

indian flag India (33)
State Type Address

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Tofler Score

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Risk

Severe Risk
  • No risks identified
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Low Risk
  • No risks identified
About Tofler Score
Tofler Score measures the quality of performance and integrity of a company. It is dependent on three key factors - Sustainability, Governance, and Growth.

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Peers / Similar Companies

Fiem Industries Limited Delhi
Lumax Industries Limited Delhi
Uno Minda Limited Delhi
Hella India Automotive Private Limited Delhi

Peers

Financial Highlights

** All numbers in INR crores
Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
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Networth
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ROE GET PRO GET PRO GET PRO GET PRO GET PRO
Days payable GET PRO GET PRO GET PRO GET PRO GET PRO
WC days GET PRO GET PRO GET PRO GET PRO GET PRO
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Margins

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Balance Sheet

%
** All numbers in INR crores
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Fixed Assets + GET PRO GET PRO GET PRO GET PRO GET PRO
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Total assets

Profit & Loss

%
** All numbers in INR crores
Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
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Revenue from operations

Ratios

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
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Performance
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Return +
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Efficiency +
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Ratios

Current ratio
Debt/equity ratio

Charges on assets

Bank wise
Charges
1

ICICI Bank Limited

No. of Loans: 3

Total Amount : 295.0 cr

2

No. of Loans: 1

Total Amount : 250.0 cr

3

The Hongkong and Shanghai Banking Corporation Limited

No. of Loans: 4

Total Amount : 193.5 cr

4

INDUSIND BANK LIMITED

No. of Loans: 1

Total Amount : 100.0 cr

5

Bajaj Finance Limited

No. of Loans: 1

Total Amount : 100.0 cr

6

IDBI Bank Limited

No. of Loans: 1

Total Amount : 95.0 cr

7

Axis Bank Limited

No. of Loans: 1

Total Amount : 75.0 cr

8

HDFC Bank Limited

No. of Loans: 2

Total Amount : 73.5 cr

9

Tata Capital Financial Services Limited

No. of Loans: 1

Total Amount : 60.0 cr

10

IDFC FIRST BANK LTD

No. of Loans: 1

Total Amount : 50.0 cr

11

Kotak Mahindra Bank Limited

No. of Loans: 1

Total Amount : 50.0 cr

12

Standard Chartered Bank

No. of Loans: 1

Total Amount : 50.0 cr

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Charges

ICICI Bank Limited
The Hongkong and Shanghai Banking Corporation Limited
INDUSIND BANK LIMITED
Others

People

Designation Name DIN/PAN Tenure
Managing Director Tarang Naresh Jain
Shareholder
00027505 37 years
Director Gautam Premnath Khandelwal 00270717 14 years
Director Vijaya Sampath
Shareholder
00641110 7 years
Director Marc Szulewicz 01911768 7 years
Director Vinish Kathuria 01951771 7 years
CS Ajay Kumar Sharma
Shareholder
<HIDDEN> 5 years
Whole-time Director Arjun Tarang Jain
Shareholder
07228175 6 years
CFO Karumanchi Mahendra Kumar <HIDDEN> 2 years
Director Dhruv Jain
Shareholder
09710448 2 years
Director Tarun Tyagi 10204986 1 years

Company Network

Companies connected through Directors

Name Status Paid up Capital Common Directors Address
RUDRITARA PROPERTIES PRIVATE LIMITED
Active
1.0 L 1 Maharashtra
VARROC LIGHTING PRIVATE LIMITED
Amalgamated
2.0 Cr 1 Maharashtra
VARROC TRADING PRIVATE LIMITED
Strike Off
1.7 L 1 Maharashtra
VARROC LIGHTING SYSTEMS (INDIA) PRIVATE LIMITED
Amalgamated
44.0 L 2 Maharashtra
VARROC EXHAUST SYSTEMS PRIVATE LIMITED
Amalgamated
2.0 Cr 1 Maharashtra
MARATHWADA AUTO CLUSTER
Active
61.0 L 1 Maharashtra
VARROC DELL'ORTO PRIVATE LIMITED
Active
3.0 Cr 2 Maharashtra
TCPL PACKAGING LIMITED
Active
9.1 Cr 1 Maharashtra
DUROVALVES INDIA PRIVATE LIMITED
Active
4.3 Cr 4 Maharashtra
VARROC POLYMERS LIMITED
Active
52.9 L 5 Maharashtra
INFORMED TECHNOLOGIES INDIA LIMITED
Active
4.2 Cr 1 Maharashtra
THE MOTWANE MANUFACTURING COMPANY PRIVATE LIMITED
Active
7.1 Cr 1 Maharashtra
MAGNACHEM PHARMACEUTICALS PRIVATE LIMITE D
Strike Off
81.4 L 1 Maharashtra
ZEPPELIN INVESTMENTS PRIVATE LIMITED
Active
55.9 L 1 Maharashtra
KHANDELWAL REMEDIES P LTD
Strike Off
2.1 L 1 Maharashtra
GRAS EDUCATION & TRAINING SERVICES PRIVATE LIMITED
Active
3.6 Cr 1 Delhi
TESTDATA TECHNOLOGIES PRIVATE LIMITED
Active
1.0 L 1 Maharashtra
NAGPUR POWER AND INDUSTRIES LIMITED
Active
13.1 Cr 1 Maharashtra
ENTECRES LABS PRIVATE LIMITED
Active
1.7 L 1 Delhi
SAFARI INDUSTRIES (INDIA) LIMITED
Active
9.8 Cr 1 Maharashtra
INTELLECT DESIGN ARENA LIMITED
Active
68.4 Cr 1 Tamil Nadu
GVS ENVICON TEGNOLOGIES PVT. LTD.
Active
11.5 L 1 West Bengal
VCAPLEGAL LLP
Strike Off
10,000.0 1 Haryana
MANKIND PHARMA LIMITED
Active
40.1 Cr 1 Delhi
DR AXION INDIA PRIVATE LIMITED
Active
112.8 Cr 1 Tamil Nadu
INGERSOLL-RAND (INDIA) LIMITED
Active
31.6 Cr 1 Karnataka
VA TECH WABAG LIMITED
Active
12.4 Cr 1 Tamil Nadu
CRAFTSMAN AUTOMATION LIMITED
Active
11.9 Cr 1 Tamil Nadu
CARIQ TECHNOLOGIES PRIVATE LIMITED
Active
3.3 L 2 Maharashtra
FCPL BUY BIZ SELL BIZ PRIVATE LIMITED
Strike Off
15.0 L 1 Delhi
SENSEAI PARTNERS LLP
Active
1.0 L 1 Haryana
TI TSUBAMEX PRIVATE LIMITED
Strike Off
30.0 Cr 1 Tamil Nadu
RELIANCE INFRAPROJECTS LIMITED
Amalgamated
502.1 Cr 1 Maharashtra

Subsidiary Companies

Name State / Country Incorporation Year Paidup Capital
VARROC POLYMERS LIMITED Maharashtra 1995 ₹ 52.9 L
DUROVALVES INDIA PRIVATE LIMITED Maharashtra 1997 ₹ 4.3 Cr
Varroc Intelligent Driving Research and Development Centre (Changzhou) Co., Ltd. China - -
VarrocCorp Holding B.V. Netherlands - -
Varroc Electronics Romania SRL (formerly known as Varroc Lighting Systems Electronics Romania SRL) Romania - -
Varroc Lightig Systems Bulgaria EOOD Bulgaria - -
Varroc Japan Co. Ltd Japan - -
Varroc European Holding B.V. Netherlands - -
Industria Meccanica e Stampaggio S.p.A. Italy - -
Varroc Italy S.p.A. (formerly known as Varroc Lighting Systems, Italy S.p.A.) Italy - -
Varroc Romania S.A. (formerly known as Varroc Lighting Systems, Romania S.A.) Romania - -
Varroc Vietnam Co. Ltd. (formerly known as Varroc Lighting Systems, Vietnam Co. Ltd.) Viet Nam - -
CARIQ TECHNOLOGIES PRIVATE LIMITED Maharashtra 2013 ₹ 3.3 L
Varroc Poland s.p.z.oo Poland - -
Varroc Germany GmBH Germany - -
Varroc Electronics Romania SRL (formerly known as Varroc Lighting Systems Electronics Romania SRL) Romania - -
VarrocCorp Holding B.V. Netherlands - -
Varroc Lighting Systems GmBH Germany - -
Industria Meccanica e Stampaggio S.p.A. Italy - -
Varroc Lighting Systems sp. Z o.o. Poland - -
Varroc Lightig Systems Bulgaria EOOD Bulgaria - -
Varroc Italy S.p.A. (formerly known as Varroc Lighting Systems, Italy S.p.A.) Italy - -
Varroc Vietnam Co. Ltd. (formerly known as Varroc Lighting Systems, Vietnam Co. Ltd.) Viet Nam - -
Varroc Poland s.p.z.oo Poland - -
Varroc Germany GmBH Germany - -

Registered Details

CIN

L28920MH1988PLC047335

PAN

AAACV2420J

Incorporation

1988, 36.5 years

Company Email

companysecretary@varroc.com

Paid up Capital

₹ 15.3 Cr

Authorised Capital

₹ 50.5 Cr

AGM

31 Jun 2024

Type

Public
Non-government Company

Last Balance Sheet Date
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Mar 2024 Updated on : 05 Nov 2024
* There is the date provided by MCA, but availability for this year is not guaranteed.

FAQ - VARROC ENGINEERING LIMITED

What is the incorporation date of VARROC ENGINEERING LIMITED?

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The incorporation date of VARROC ENGINEERING LIMITED is 11 May, 1988

What is the authorized share capital of VARROC ENGINEERING LIMITED?

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The authorized share capital of VARROC ENGINEERING LIMITED is INR ₹ 50.5 Cr.

What is the paid-up capital of VARROC ENGINEERING LIMITED?

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The paid-up capital of VARROC ENGINEERING LIMITED is INR ₹ 15.3 Cr.

What is the registered address of VARROC ENGINEERING LIMITED?

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The registered address of VARROC ENGINEERING LIMITED is L - 4, MIDC, WALUJ NA AURANGABAD Aurangabad Maharashtra - 431136

What is the CIN number of VARROC ENGINEERING LIMITED?

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The CIN number of VARROC ENGINEERING LIMITED is L28920MH1988PLC047335.

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