Case study

VARROC

Varroc Engineering Limited

Mixed signals1y model +4.4%

Each stock's 10,000-path forecast, rendered as light.

45Score

Varroc Engineering Limited (VARROC) Stock Analysis & Case Study

Is VARROC a good buy? The data-driven verdict.

Varroc Engineering Limited (VARROC) trades at ₹811,on the numbers it mixed signals, a Downstox Snapshot Score of 45/100.

On the numbers, Varroc Engineering Limited (VARROC) mixed signals, a Downstox Snapshot Score of 45/100, weighing expensive at 43.4× earnings, ROE of 15.1%, a 55% model probability of trading higher in a year. Below: the full bull case, bear case, sector-relative valuation, and a probability-weighted price target for 2027-2031.

Last updated . Data snapshot for research, not investment advice.

VARROC fundamentals at a glance, PE, PB, ROE, ROCE, market cap, dividend yield

Market cap
₹12,394 Cr
Current price
₹811
P/E ratio
43.4×
P/B ratio
6.93×
Book value
₹117
Dividend yield
0.18%
ROCE
19.0%
ROE
15.1%
Piotroski F-Score
6/8

How VARROC ranks against the 2,373 companies in our screener

Is VARROC overvalued? VARROC P/E vs peers

VARROC trades at 43.4× earnings. We don't have a verified sector peer group for this stock yet, so no sector peer median or peer comparison table is shown here. Showing one anyway would compare it against an arbitrary set of large-cap names, not real sector peers.

VARROC share price target 2027, 2028, 2029, 2030, 2031, a probability view

Unlike a single guessed number, this is a probability-weighted range from a 10,000-path Monte-Carlo simulation on 7.9y of VARROC history (-3%/yr drift, 38%/yr volatility).

YearLow (P10)Median target (P50)High (P90)Upside vs today
VARROC 2027₹520₹847₹1,379+4%
VARROC 2028₹447₹884₹1,750+9%
VARROC 2029₹401₹923₹2,125+14%
VARROC 2030₹366₹963₹2,536+19%
VARROC 2031₹337₹1,006₹3,005+24%

Median (P50) is the central estimate; the P10-P90 band is the 80% confidence range. Probabilities, not promises.

What is the probability VARROC goes up, or doubles?

55%
Higher in 1 year
Modelled chance the price is above today in 12 months
60%
Higher in 5 years
Modelled chance the price is above today in 5 years
28%
Doubles in 5 years
Modelled chance of reaching ₹1,622 within 5 years

The bull case for VARROC

  • VARROC's return on equity of 15.1% ranks in the 72nd percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • VARROC's return on capital employed of 19.0% ranks in the 78th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • Upside scenario: the model's optimistic (P90) 3-year path reaches ₹2,125.

The bear case & risks

  • VARROC's P/E of 43.4x is lower than 31% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • Downside scenario: the model's pessimistic (P10) 3-year path falls to ₹401.

VARROC volatility & expected range, how bumpy is the ride?

Over the last 7.9 years VARROC compounded at -3%/year with annualized volatility of 38%. That volatility implies a 1-year 80% range of ₹520-₹1,379, the honest backbone behind any single price target.

VARROC price forecast, the full 60-month probability fan

Spot Price · Today
₹0
Based on 7.9 years of daily NSE data ·0.0% annualised volatility
5-yr median forecast
₹0
P(price ↑ in 5y)
0%
1-Year Forecast
2027
₹0
Median (P50)
4.4%
80% range₹520-₹1,379
P(price ↑)55%
P(price 2×)4%
3-Year Forecast
2029
₹0
Median (P50)
13.8%
80% range₹401-₹2,125
P(price ↑)58%
P(price 2×)20%
5-Year Forecast
2031
₹0
Median (P50)
24.0%
80% range₹337-₹3,005
P(price ↑)60%
P(price 2×)28%

VARROC price probability fan

Each band shows where 10,000 simulated paths land. The wider the fan, the more uncertainty.

Probability Fan
VARROC simulated paths · 60 months · 10,000 trials
P10-P90 (80%)P25-P75 (50%)Median (P50)

Probability of key outcomes

What are the odds VARROC hits common targets within the simulated horizon?

0%
P(↑ 1Y)
Above today's price in 1 year
0%
P(↑ 5Y)
Above today's price in 5 years
0%
P(2×)
Doubles within 5 years
0%
P(↓)
Falls below today in 5 years

Full multi-horizon detail on the VARROC price target & forecast page.

VARROC Piotroski F-Score: 6/8, how financially strong is it?

6/8

The Piotroski F-Score grades financial strength on profitability, leverage and efficiency checks. Downstox scores the eight checks it can verify from published filings, so 8 is full marks. VARROC scores 6/8, mixed financial health.

VARROC MTF margin & leverage across 9 brokers

Margin Trading Facility lets you buy VARROC with part of the capital. Lower margin % = higher leverage. Rates compared across 9 brokers (no competitor publishes this):

BrokerMargin requiredApprox. leverage
Upstox35.00%2.9×
Zerodha32.96%3.0×
Groww32.30%3.1×
Dhan32.96%3.0×
Paytm Money32.30%3.1×
Pocketful32.41%3.1×
Anand Rathi32.96%3.0×
Bajaj Broking34.00%2.9×
Share IndiaCHEAPEST32.15%3.1×

Compare every broker on the VARROC MTF page.

About Varroc Engineering Limited: sector, index & market-cap context

Varroc Engineering Limited (VARROC) is a small-cap NSE-listed company, with a market capitalisation of ₹12,394 Cr. See more stocks on our screener.

How the VARROC Snapshot Score & forecast are built

The Downstox Snapshot Score is a transparent, rules-based read of Varroc Engineering Limited's public fundamentals plus a statistical forecast, not an analyst opinion. It rewards low-to-fair valuation, high ROE/ROCE, a strong Piotroski F-Score, a dividend, low volatility and a favourable probability of upside; it penalises rich valuations, weak capital efficiency, a low F-Score and high volatility. The price target is a 10,000-path Monte-Carlo simulation on real historical volatility, a distribution, not a single guess. The bull and bear cases are generated from the same data, so you always see both sides.

This is information, not investment advice. Do your own due diligence and consult a SEBI-registered adviser before investing.

VARROC analysis, FAQs

Is Varroc Engineering Limited (VARROC) a good buy?

On the numbers, Varroc Engineering Limited (VARROC) mixed signals, a Downstox Snapshot Score of 45/100, weighing expensive at 43.4× earnings, ROE of 15.1%, a 55% model probability of trading higher in a year. This is a data snapshot for research, not investment advice.

Is VARROC overvalued or undervalued?

VARROC trades at 43.4× earnings, expensive versus the ~22× long-run Nifty average.

What is the VARROC share price target for 2031?

VARROC's probability-weighted 2031 median target is ₹1,006, with an 80% range of ₹337-₹3,005 (10,000-path Monte-Carlo).

What is the probability VARROC doubles in 5 years?

The modelled probability of VARROC reaching ₹1,622 (2×) within 5 years is 28%.

What is the bull case for VARROC?

VARROC's return on equity of 15.1% ranks in the 72nd percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026. VARROC's return on capital employed of 19.0% ranks in the 78th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.

What are the risks in VARROC?

VARROC's P/E of 43.4x is lower than 31% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.

More on VARROC