Varroc Engineering Limited (VARROC) - Net Assets

Latest as of September 2025: Rs17.22 Billion INR ≈ $186.21 Million USD

Based on the latest financial reports, Varroc Engineering Limited (VARROC) has net assets worth Rs17.22 Billion INR (≈ $186.21 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs47.73 Billion ≈ $516.21 Million USD) and total liabilities (Rs30.51 Billion ≈ $330.01 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Varroc Engineering Limited liquid asset ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Rs17.22 Billion
% of Total Assets	36.07%
Annual Growth Rate	6.7%
5-Year Change	-47.71%
10-Year Change	-10.39%
Growth Volatility	32.61

Varroc Engineering Limited - Net Assets Trend (2013–2025)

This chart illustrates how Varroc Engineering Limited's net assets have evolved over time, based on quarterly financial data. Also explore Varroc Engineering Limited asset portfolio for the complete picture of this company's asset base.

Annual Net Assets for Varroc Engineering Limited (2013–2025)

The table below shows the annual net assets of Varroc Engineering Limited from 2013 to 2025. For live valuation and market cap data, see VARROC company net worth.

Year	Net Assets	Change
2025-03-31	Rs15.98 Billion ≈ $172.81 Million	+4.70%
2024-03-31	Rs15.26 Billion ≈ $165.05 Million	+51.99%
2023-03-31	Rs10.04 Billion ≈ $108.60 Million	-50.14%
2022-03-31	Rs20.14 Billion ≈ $217.81 Million	-34.10%
2021-03-31	Rs30.56 Billion ≈ $330.50 Million	+0.88%
2020-03-31	Rs30.29 Billion ≈ $327.62 Million	-1.98%
2019-03-31	Rs30.91 Billion ≈ $334.23 Million	+8.49%
2018-03-31	Rs28.49 Billion ≈ $308.08 Million	+29.16%
2017-03-31	Rs22.06 Billion ≈ $238.52 Million	+23.69%
2016-03-31	Rs17.83 Billion ≈ $192.84 Million	+61.53%
2015-03-31	Rs11.04 Billion ≈ $119.39 Million	-1.91%
2014-03-31	Rs11.25 Billion ≈ $121.72 Million	+53.37%
2013-03-31	Rs7.34 Billion ≈ $79.36 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Varroc Engineering Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

Retained earnings have decreased by 302.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (March 2025)

Component	Amount	Percentage
Common Stock	Rs152.79 Million	0.98%
Other Components	Rs23.14 Billion	147.84%
Total Equity	Rs15.65 Billion	100.00%

Varroc Engineering Limited Competitors by Market Cap

The table below lists competitors of Varroc Engineering Limited ranked by their market capitalization.

Company	Market Cap
Minerals 260 Ltd AU:MI6	$882.12 Million
Lotus Technology Inc. NASDAQ:LOT	$882.32 Million
Evommune, Inc. NYSE:EVMN	$882.45 Million
Bangkok Airways Public Company Limited BK:BA	$882.66 Million
Eczacibasi Yatirim Holding Ortakligi AS IS:ECZYT	$881.90 Million
Zhejiang Changhua Auto Parts Co Ltd SHG:605018	$881.83 Million
Qurient Co. Ltd KQ:115180	$881.75 Million
Aucma Co Ltd SHG:600336	$881.65 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Varroc Engineering Limited's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 14,970,370,000 to 15,650,640,000, a change of 680,270,000 (4.5%).
Net income of 612,300,000 contributed positively to equity growth.
Other comprehensive income decreased equity by 10,023,170,000.
Other factors increased equity by 10,091,140,000.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	Rs612.30 Million	+3.91%
Other Comprehensive Income	Rs-10.02 Billion	-64.04%
Other Changes	Rs10.09 Billion	+64.48%
Total Change	Rs-	4.54%

Book Value vs Market Value Analysis

This analysis compares Varroc Engineering Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

Current price-to-book ratio: 5.21x
The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
The price-to-book ratio has decreased from 7.58x to 5.21x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2013-03-31	Rs70.39	Rs533.80	x
2014-03-31	Rs104.37	Rs533.80	x
2015-03-31	Rs112.60	Rs533.80	x
2016-03-31	Rs158.15	Rs533.80	x
2017-03-31	Rs193.58	Rs533.80	x
2018-03-31	Rs209.77	Rs533.80	x
2019-03-31	Rs227.46	Rs533.80	x
2020-03-31	Rs222.87	Rs533.80	x
2021-03-31	Rs224.03	Rs533.80	x
2022-03-31	Rs130.16	Rs533.80	x
2023-03-31	Rs63.89	Rs533.80	x
2024-03-31	Rs97.98	Rs533.80	x
2025-03-31	Rs102.43	Rs533.80	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Varroc Engineering Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

Current Return on Equity (ROE): 3.91%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 0.75%
• Asset Turnover: 1.75x
• Equity Multiplier: 2.99x
Recent ROE (3.91%) is above the historical average (-4.25%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2013	-3.77%	-0.64%	1.24x	4.78x	Rs-978.30 Million
2014	3.84%	0.69%	1.54x	3.62x	Rs-674.49 Million
2015	1.20%	0.19%	1.53x	4.09x	Rs-952.92 Million
2016	20.95%	4.67%	1.51x	2.98x	Rs1.93 Billion
2017	14.33%	3.37%	1.59x	2.68x	Rs945.62 Million
2018	15.92%	4.38%	1.50x	2.42x	Rs1.67 Billion
2019	13.87%	3.53%	1.38x	2.85x	Rs1.19 Billion
2020	0.01%	0.00%	1.01x	3.66x	Rs-3.00 Billion
2021	-20.87%	-14.45%	0.39x	3.71x	Rs-9.35 Billion
2022	-55.81%	-18.99%	0.53x	5.53x	Rs-13.09 Billion
2023	-83.98%	-11.90%	1.49x	4.73x	Rs-9.17 Billion
2024	35.14%	6.97%	1.66x	3.05x	Rs3.76 Billion
2025	3.91%	0.75%	1.75x	2.99x	Rs-952.76 Million

Industry Comparison

This section compares Varroc Engineering Limited's net assets metrics with peer companies in the Auto Parts industry.

Industry Context

Industry: Auto Parts
Average net assets among peers: $20,558,196,000
Average return on equity (ROE) among peers: 17.78%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Varroc Engineering Limited (VARROC)	Rs17.22 Billion	-3.77%	1.77x	$882.01 Million
Asahi India Glass Limited (ASAHIINDIA)	$12.88 Billion	11.93%	2.00x	$2.31 Billion
ASK AUTOMOTIVE LIMITED (ASKAUTOLTD)	$10.43 Billion	23.74%	0.84x	$937.98 Million
Balkrishna Industries Limited (BALKRISIND)	$50.08 Billion	19.16%	0.36x	$4.52 Billion
Banco Products (I) Limited (BANCOINDIA)	$9.82 Billion	15.53%	0.56x	$956.83 Million
Bharat Gears Limited (BHARATGEAR)	$393.44 Million	22.33%	3.35x	$17.81 Million
Bosch Limited (BOSCHLTD)	$47.28 Billion	23.74%	0.51x	$11.48 Billion
CEAT Limited (CEATLTD)	$5.13 Billion	28.95%	2.06x	$1.50 Billion
CIE Automotive India Limited (CIEINDIA)	$49.08 Billion	2.17%	0.94x	$1.94 Billion
Craftsman Automation Limited (CRAFTSMAN)	$17.52 Billion	17.38%	1.69x	$1.98 Billion
Divgi Torqtransfer Systems Limited (DIVGIITTS)	$2.96 Billion	12.86%	0.23x	$238.35 Million

About Varroc Engineering Limited

NSE:VARROC India Auto Parts

Market Cap

$882.01 Million

Rs81.56 Billion INR

Market Cap Rank

#9676 Global

#453 in India

Share Price

Rs533.80

Change (1 day)

+2.56%

52-Week Range

Rs429.60 - Rs669.95

All Time High

Rs1132.61