Varroc Engineering Limited · NSE:VARROC
Varroc Engineering — Investor Presentation (June 2026)
37 slides from Varroc Engineering's investor presentation, Jun 22, 2026
Slide 1: Exchange intimation of investor presentation
VARROC/SE/INT/2026-27/31 June 22, 2026 To, The Manager- Listing The Manager – Listing The Listing Department, The Corporate Relation Department, National Stock Exchange of India BSE Limited Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, Plot No. C/1, G Block, Dalal Street, Fort, Bandra-Kurla Com
Slide 2: Presentation to Investors
Presentation to Investors 22nd June 2026
Slide 3: Disclaimer
Disclaimer This presentation may include statements which may constitute forward-looking statements. All statements that address expectations or projections about the future, including, but not limited to, statements about the strategy for growth, business development, market position, expenditures,
Slide 4: Update on Financial Performance
Update on Financial Performance 22nd June 2026
Slide 5: Financials performance of Varroc Group
Financials performance of Varroc Group Revenue Gross Profit ₹ in Millions EBITDA PBT before exceptional 88,905 31,889 8,364 81,541 29,449 7,590 7,767 75,519 28,186 3,814 68,912 24,607 5,966 3,129 58,658 20,164 2,705 3,892 775 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 FY 2022 FY 2023 FY 2024 FY 2025 FY
Slide 6: Financials performance of Varroc Group
Financials performance of Varroc Group Net Debt/EBITDA Interest Servicing Ratio 3.76 2.14 2.66 1.29 2.18 0.96 1.37 0.59 FY 2023 FY 2024 FY 2025 FY 2026 FY 2023 FY 2024 FY 2025 FY 2026 Strengthening the balance sheet over last few years and thus debt servicing ability improving along Net Debt Equity
Slide 7: Reduction in Net Debt (Consol.)
Reduction in Net Debt (Consol.) 10000 9,160 Net Debt (₹ Mn) — Quarterly 8,273 7,860 8000 7,480 6000 4,952 4,478 4,405 3,800 4000 2000 0 Jun'24 Sep'24 Dec'24 Mar'25 Jun'25 Sep'25 Dec'25 Mar'26 31st Mar 2024 30th Jun 2024 30th Sep 2024 31st Dec 2024 31st Mar 2025 30th Jun 2025 30th Sep 2025 31st Dec 2
Slide 8: Compounding Value Machine: Growth, Debt reduction, FCF
Volume growth on top of inflation Revenue recovery to pave way for profitable growth Debt reduction, less capital-intensive Growth investments and prudent capital deployment in organic + inorganic growth opportunities to ensure compounding of value Sustainable improvement in contribution Prudent CM
Slide 9: Revenue Breakdown for FY26
Revenue Breakdown for FY26 VEHCILE SEGMENT PRODUCT GROUP MIX BODY PARTS 35.2% 2W & 3W 76% 4W 24% ICE POWERTRAIN 25.1% LIGHTING SOLUTIONS 16.9% GEOGRAPHY AFTER MARKET 10.0% INDIA 89% OVERSEAS 11% E-MOBILITY* 6.2% HMI CONNECTIVITY 3.9% CUSTOMER OVERSEAS 2.7% BAJAJ 46% NON-BAJAJ 54% * Please note that
Slide 10: Net New Annual Peak Revenue Win in FY26
Net New Annual Peak Revenue Win in FY26 Annual Peak Revenue SOP in FY27 SOP in FY28 SOP in FY29 Outstanding Order Book (End FY25) 13,079 New Order Intake (FY26) 32,889 SoP YTD 10,878 Outstanding Order Book (End FY26) 35,090 23,298 10,582 1,210 Annual Peak Revenue % win from ICE & EV Players Annual P
Slide 11: Leveraging Global Capabilities to Deliver Value to Customers
Leveraging Global Capabilities to Deliver Value to Customers R&D CENTERS LOW COST MANUFACTURING HUBS CUSTOMERS SERVED CHINA · Changzhou INDIA · 37 Plants INDIA OEMs Core Mfg · Domestic + Export R&D Intelligence Hub EUROPE INDIA · Pune THAILAND R&D Headquarters · 750+ Engrs ASEAN Export · EV Lighting
Slide 12: Technology & EV Solutions
Technology & EV Solutions BRILLIANCE@SCALE
Slide 13: Our Global R&D Footprint
Our Global R&D Footprint Poland R&D Center China R&D Center Focus Area Focus Area • Interior Lighting • Exterior Lighting • Smart Mobility • Advanced Driver Assist Systems • Driver Monitoring Systems (DMS) (ADAS) • Advance Driver Assist Systems • Intelligent Cockpit (ADAS) Italy R&D Center India R&D
Slide 14: Safe, Smart and Sustainable
Safe, Smart and Sustainable Three mega trends guiding Varroc Engineering’s product and technology roadmap to meet future mobility needs SAFE SMART SUSTAINABLE Varroc is at the forefront of smart and connected At Varroc, safety is pivotal to our product automotive products. We excel in developing Var
Slide 15: Technology for Two Wheelers
Technology for Two Wheelers Electronic Fuel Injection LED Headlamps, Mirrors for ICE vehicles and BS6 Safety Sustainability catalytic converters Traction motor and controller, Power assist ISG, and e- Connected Displays, TFT Drivetrain energy management and sensor Interfaces, Electrification systems
Slide 16: Technology for Four Wheelers
Technology for Four Wheelers ADAS, Driver Monitoring Systems, Surround View Systems, LED Headlamps & LCUs, Adaptive Front Safety Lighting Systems Mirrors Safety Signature Lighting, Interior Systems, In-Cabin Sensing, Personalization Personalization Interior Mood Lighting, Center Consoles FOTA in Tel
Slide 17: Varroc's EV Product Offering
Varroc’s EV Product Offering WE OFFER WIDE RANGE OF PRODUCTS FOR ELECTRIC VEHICLE WITH LOCALISED MANUFACTURING (2W/3W) 8 7 6 5 4 3 2 1 Telematics On Board BMS TFT/fully Throttle DC-DC Motor PMSM Charger Digital Position Sensor Converter Controller Traction Motor Cluster Under Testing & Development E
Slide 18: Excelling as a Systems Supplier
Excelling as a Systems Supplier Components • Customer CTQs • Component Design • Robust analysis to predict the design meets all CTQs • Tolerance analysis to ensure DFM Motor • Material and component data Base to speed up the design Sub-Systems • Customer requirements and CTQs • Sub-system level CTQs
Slide 19: Varroc Business-II (Overseas Operations)
Varroc Business-II (Overseas Operations) 1
Slide 20: Varroc Business-II: In a Glance
Varroc Business-II:- In a Glance Timisoara Exterior Interior Targa Mures Manufacturing Electronics Lighting Lighting China Location Production Krakow Romania Production Production Poland Romania Y Y Y Vietnam Y Y - Thailand - Y - Bielefeld India Y - - Germany Italy - Y - Cambiano Italy Rayong Sales
Slide 21: Technological new age products win in last 18 months
Technological new age products win in last 18 months NEW WIN Interior Ambient Lighting Front Drive & Rear Drive Inverter Electronics for Electric PV Inverter in an electric vehicle converts direct current (DC) from Interior ambient lighting products the battery to alternating current (AC) for the el
Slide 22: Recent High Voltage awarded project
Recent High Voltage awarded project PEU: the Power Electronics PCBA Inverter Atlas Alpha Shunt Current Sense: monitor Unit, is responsible for on- and control the flow of electrical current in a three- board charging, power phase motor drive or power conversion system. conversion, and control of the
Slide 23: Bidirectional L2V2 Charger
Bidirectional L2V2 Charger • Wallcharger/Wallbox for the end Product Specifications customer • To be used in front of your house or The Wallcharger PCBAs are produced to withstand General Automotive for public charging stations with Requirements, which include wall mount Enviromental Requirements, E
Slide 24: Our Key Strengths
Our Key Strengths Strong Competitive Long Standing, Low-Cost Continuous Focus on Comprehensive Position in a Growing Customer Manufacturing R&D Capabilities Solution Provider Growing Market Relationships Footprint Enhancing Portfolio Segment • End-to-end services • Developing innovative, cost- • Str
Slide 25: Our Businesses
Our Businesses 22nd June 2026
Slide 26: Powering India's Mobility: E-Mobility
Powering India’s Mobility: E-Mobility 2 FACILITIES - INDIA • Locally designed, developed and manufactured • Fully IoT enabled machines Motor • Complete vertical integration for Electronic Manufacturing Charger Battery & BMS 48V Motor Controller • Motor Dyno Testing System for testing 2W and Throttle
Slide 27: Powering India's Mobility: ICE Powertrain Solutions
Powering India’s Mobility: ICE Powertrain Solutions 5 FACILITIES - INDIA 2 FACILITIES - ITALY Engine Components • Products developed to meet stricter emission norms under BS VI Valves Transmission Component Crankpins & Balancer • Delivers high performance, cost-effective Designed for 30% longer Deli
Slide 28: Powering India's Mobility: Lighting Solutions
Powering India’s Mobility: Lighting Solutions 5 FACILITIES - INDIA 5 FACILITIES - GLOBALLY Visibility System • Varroc is delivering cutting-edge Visibility and Indication Systems for 2W, 3W, and 4W vehicles Headlamps Projector Modules • Our expertise spans LED, Matrix and Xenon Deliver 50% better il
Slide 29: Powering India's Mobility: HMI Solutions
Powering India’s Mobility: HMI Solutions 3 FACILITIES - INDIA Hardware Solutions • Varroc HMI solutions enhance rider control, connectivity, and safety with advanced instrument clusters, telematics, sensors, and switches. Digital Instrument Cluster Smart Telematics & Monitoring System Offer 40% brig
Slide 30: Powering India's Mobility: Body System Solutions
Powering India’s Mobility: Body System Solutions Exterior & Interior Molded Parts 14 FACILITIES - INDIA • Varroc offer end-to-end design, development, and Exterior Molded Components Tail Lamp Assembly Soft Door Trim Cockpit/ Dashboard Molded-in-color design offers a Integrated tailgate with lighting
Slide 31: Powering India's Mobility: Aftermarket
Powering India’s Mobility: Aftermarket EXPORTS TO Our Product Portfolio 30+ COUNTRIES PAN INDIA DISTRIBUTOR +310 Cities +720 Distributors East 765 West 12% 1,706 West 27% North Export 1,253 South Lighting Spare Parts 20% Export Electrical, Electronics, and Lighting products Includes forged component
Slide 32: Sustainability
BRILLIANCE @SCALE Sustainability
Slide 33: ESG Framework
ESG Framework At Varroc, our ESG & Sustainability vision is to co-create a sustainable value for our stakeholders through innovative research, engineering, & manufacturing of environmentally sustainable products for mobility sector through environment friendly operations aligning with our corporate
Slide 34: Commitment to Environment
Commitment to Environment RENEWABLE ENERGY GHG EMISSIONS • 36% Renewable energy contributions. • 47 Energy efficiency and Energy Commitment to increase to 50% in conservation projects/Kaizens coming years. implemented in FY26. • We generated 78 Million units of • Approx. 22 Million KWH - Electricity
Slide 35: Varroc's Kham River Restoration Mission
Varroc’s Kham River Restoration Mission Our commitment to the Kham River Restoration Project reflects our ethos of blending sustainability, innovation, and community engagement to restore one of Chhatrapati Sambhajinagar’s most crucial water bodies and giving back to the city where we started. 1,74,
Slide 36: Commitment to Society
Commitment to Society Creating meaningful differences to the society through environmental and social welfare projects Kham River Nurturing Future Social Impact Restoration Sports Talent Programs • Kham River Eco Restoration Project was • Varroc Vengsarkar Cricket Academy • Learn and Earn Program at
Slide 37: Thank You For your Valuable time!
Thank You For your Valuable time! Visit Us: varroc.com
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