Varroc Engineering Limited designs, manufactures, and supplies exterior lighting systems, plastic and polymer components, electrical and electronics components, advanced safety systems, and precision metallic components worldwide. The company operates through Automotive and Others segments. It provides E-Mobility solutions that include traction motors, controllers, and DC-DC converters; Ice Powertrain Solutions, such as valves, transmission components, crankpins and balancers, and wiper motor; lighting and lighting electric solutions, including light engines, light control units, exterior lighting, and interior lighting; and Human-Machine Interface (HMI) solutions, which include digital instrument clusters, sensors, and ergonomic handlebar switches. The company also offers body system solutions and aftermarket automotive components and solutions, such as polymer components, metallic forging and casting products, engine parts, and consumables and accessories; and intelligent Cockpit and ADAS solutions that include driver and cabin monitoring system, surround view system, and infotainment system. Additionally, it operates connected vehicle platform that integrates cloud providers and supports device-agnostic connectivity. It serves passenger cars, commercial vehicle, two-wheeler, three-wheeler, and off-highway vehicle original equipment manufacturers. Varroc Engineering Limited was incorporated in 1988 and is based in Aurangabad, India.
Metrics to compare | VARE | Peers Peers - average of corresponding metrics from companies closely matching VARE: SONACOMS, INDNIPPON, SANSERA, ZFCVINDIA, DYNAMATECH | Sector Sector - Average of metrics from a broad group of related Consumer Cyclicals sector companies | Relationship RelationshipVAREPeersSector |
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P/E Ratio | 58.7x | 29.5x | 11.2x | |
PEG Ratio | −0.79 | 0.04 | 0.02 | |
Price/Book | 5.0x | 2.5x | 1.4x | |
Price / LTM Sales | 0.9x | 1.6x | 0.9x | |
Upside (Analyst Target) | 13.0% | 14.0% | 18.4% | |
Fair Value Upside | Unlock | 3.5% | 8.7% | Unlock |