Q3-FY26 · Tarang Jain
This particular initiative [VRS] is going to strengthen our cost structure further and this will give us the payback within 4 years.
Varroc Engineering · tone and specificity signals across the available quarters.
Language signals
This particular initiative [VRS] is going to strengthen our cost structure further and this will give us the payback within 4 years.
In 9 months of financial year 26, we achieved net new business wins with an annualized peak revenues of rupees 20,636 million. This is the highest ever.
Our target is to grow between 15 to 20% uh ahead of the market at least four to 5% ahead of the market so that that direction still remains.
The revenue from supplying to EV vehicles in this quarter was around 14% of the revenues and for the full year it was around 13%. However, I would like to bring to your attention that the India EBITDA and PAT were strong for financial year 26 at 11.7% and 7.2% respectively.
The overseas order book for this year was around close to ₹1,400 crore and in terms of the ramp up we will already start seeing the majority of these programs start production within fiscal year 27. However, fiscal year 28 will be a lot more.
Whatever the revenues we see abroad coming out of Romania and later on in Thailand which will start in a small way from December all that will be towards EV. So EV content as an organization will definitely be significant going forward.