Slides
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Presentation to Investors – Q2 FY26 12th November 2025
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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, and financial results, are forward looking statements. Forward looking statements are based on certain assumptions and expectations of future events and involves known and unknown risks, uncertainties and other factors. The Company cannot guarantee that these assumptions and expectations are accurate or exhaustive or will be realised. The actual results, performance or achievements, could thus differ materially from those projected in any such forward-looking statements. No obligation is assumed by the Company to update the forward-looking statements contained herein. The information contained in these materials has not been independently verified. None of the Company, its Directors, Promoter or affiliates, nor any of its or their respective employees, advisers or representatives or any other person accepts any responsibility or liability whatsoever, whether arising in tort, contract or otherwise, for any errors, omissions or inaccuracies in such information or opinions or for any loss, cost or damage suffered or incurred howsoever arising, directly or indirectly, from any use of this document or its contents or otherwise in connection with this document, and makes no representation or warranty, express or implied, for the contents of this document including its accuracy, fairness, completeness or verification or for any other statement made or purported to be made by any of them, or on behalf of them, and nothing in this document or at this presentation shall be relied upon as a promise or representation in this respect, whether as to the past or the future. The information and opinions contained in this presentation are current, and if not stated otherwise, as of the date of this presentation. The Company relies on information obtained from sources believed to be reliable but does not guarantee its accuracy or completeness. The Company undertake no obligation to update or revise any information or the opinions expressed in this presentation as a result of new information, future events or otherwise. Any opinions or information expressed in this presentation are subject to change without notice. This presentation does not constitute or form part of any offer or invitation or inducement to sell or issue, or any solicitation of any offer to purchase or subscribe for, any securities of Varroc Engineering Limited (the “Company”), nor shall it or any part of it or the fact of its distribution form the basis of, or be relied on in connection with, any contract or commitment or to be relied in connection with an investment decision in relation to the securities of the Company therefore any person/ party intending to provide finance / invest in the shares/businesses of the Company shall do so after seeking their own professional advice and after carrying out their own due diligence procedure to ensure that they are making an informed decision. Neither the delivery of this document nor any further discussions by the Company with any of the recipients shall, under any circumstances, create any implication that there has been no change in the affairs of the Company since that date. This presentation is strictly confidential, unless distributed via a public forum, and may not be copied or disseminated, in whole or in part, and in any manner or for any purpose. No person is authorized to give any information or to make any representation not contained in or inconsistent with this presentation and if given or made, such information or representation must not be relied upon as having been authorized by any person. Failure to comply with this restriction may constitute a violation of the applicable securities laws. The distribution of this document in certain jurisdictions may be restricted by law and persons into whose possession this presentation comes should inform themselves about and observe any such restrictions. By participating in this presentation or by accepting any copy of the slides presented, you agree to be bound by the foregoing limitations. 2
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About Us REVENUE USD 954 MILLION BUSINESS CONTRIBUTION BY REGION Varroc is a leading global auto technology company with a product portfolio covering a wide range of electrical, electronics, lighting, polymer,metallic, after-market and advanced safety solutions INDIA 88.2% GLOBAL 11.8% 37 Operating Manufacturing Facilities 6100+ Employees 120+ Patents 07 Technical Centres 08 Countries *Updated as per financial year 2025
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Vision Values Sincerity: Tospeak & act from the heart Humility: Towalk with everyone Integrity: Todo what is right Passion: Togo against all odds Self-discipline: Tomake it all happen Create safe, smart and sustainable future mobility solutions for everyone. VARROC Mission Be the trendsetter in providing mobility solutions that offer the highest value for money to customers • Extend India Market leader position in 2W mobility, lighting, and driver assistance to the world • Stay ahead of market in growth and profitability • Be the Partner of Choice for our valued customers through superior customer experience • Empower and enable all teams committed to speed, excellence, and our values to achieve exceptional success Continue to be a trusted business partner for our customers focused on societal and environmental sustainability.
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Our Global R&D Footprint Poland R&D Center China R&D Center India R&D CenterItaly R&D Center Focus Area • Interior Lighting • Smart Mobility • Driver Monitoring Systems (DMS) • Advance Driver Assist Systems (ADAS) • Exterior Lighting • Interior Lighting • Lighting Electronics Focus Area • ICE Powertrain • E-Mobility Solutions • Body System Solutions • Lighting Solutions • HMI Solutions • Advanced Driver Assist Systems (ADAS) • Smart Mobility • Intelligent Cockpit Focus Area • Exterior Lighting • Advanced Driver Assist Systems (ADAS) • Intelligent Cockpit Focus Area
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Overseas Subsidiaries VEL - Standalone Operations India Subsidiaries’ ● E-Mobility Solutions ● Body System Solutions ● Lighting Solutions ● HMI Solutions ● ICE Powertrain ● After Market Division (AMD) ● Varroc Connect (95%) ● Durovalves India Pvt. Ltd (72.78%) Promoter Share Holding Public Share Holding 75.0% 25.0% FY2025 Revenue : ~Rs. 5,399 mn FY2025 Revenue : ~Rs. 73,617 mn FY2025 Revenue : ~Rs. 1706 mn Varroc Engineering Limited ● IMES ITALY ● ITALY 2W Lighting ● ROMANIA 2W Lighting ● VIETNAM 2W Lighting ● ROMANIA Electronics Representation of Varroc Completed merger of Varroc Polymer with Varroc Engineering effective 1st April 2024
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Update on Q2 FY26 Performance 12th November 2025
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1.Q2 FY26 Revenue at Rs. 22,073 million with a growth of 6.1% YoY. India Operations registered a 7.9% growth. (Impact of rare earth magnet on India revenue growth - ~ 4%). Revenue from EV customers in Q2 FY26 at ~11.0%. Highlights for Q2 FY26 3. Net new annual peak revenue from order wins in H1 FY26 of Rs.8,928 million (> 63% related to EV vehicles) 6. Investing more in R&D across locations including China, specifically in exterior lighting, ADAS and intelligent cockpit for future growth. 5. Filed more than 14 patents in H1 FY26, taking the total filing to more than 130+ 2. Q2 FY26 PBT (before exceptional and JV profits) at 4.1% vs. 4.3% in Q2 FY25; EBITDA at 9.1% vs 9.7% on YoY basis, primarily due to higher mix of low margin tool sales. 4. Net debt reduced to Rs. 3,800 million. Capex (Net) spend in H1 FY26 was around Rs. 1,860 million.
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Automotive Production in India Source: SIAM • Early festive season, GST reduction and rare earth magnet issues created a mixed impact on Q2 FY26 • 2W grew by 10.6% • 3W grew by 18.3% • PV grew by 4.2% • CV grew by 11.8% • In Q2 FY26, on QoQ basis, we saw growth in all segment as Q1 is generally weak quarter • 2W grew by 17.4% • 3W grew by 39.3% • PV grew by 6.5% • CV grew by 2.9% • EV 2W volume on QoQ basis grew only by 11.2% as industry was impacted by rare earth issue for nearly 2 months of the quarter. • For H1 FY26 all the segment have seen growth as economic activity remains buoyant. • 2W grew by 5.8% • 3W grew by 14.6% • PV grew by 3.8% • CV grew by 7.1% Units in million 6.26 0.30 1.27 0.24 5.90 0.26 1.24 0.26 6.93 0.36 1.33 0.26 2W 3W PV CV Q2 FY25 Q1 FY26 Q2 FY26 12.12 0.54 2.48 0.49 12.83 0.61 2.57 0.52 2W 3W PV CV H1 FY25 H1 FY26
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Particulars Q2 FY26 Q2 FY25 YoY Q1 FY26 QoQ Revenue from operations 22,073 20,808 6.1% 20,276 8.9% EBITDA 2,018 2,010 1,919 EBITDA % 9.1% 9.7% (60) bps 9.5% (40) bps PBT before JV and exceptional items 912 901 822 PBT before JV and exceptional items % 4.1% 4.3% (20) bps 4.0% 10 bps PBT (incl. JV profits) after exceptional items* 920 908 1,439 PBT % 4.2% 4.4% (20) bps 7.1% (290) Bps PAT 633 578 1074 Consolidated Financials of Q2 FY26 * includes - Q1 FY26 – Exceptional items of FCTR released to P&L on disposal of China JV investment ~Rs. 612 million. 1) YoY revenue grows by 6.1% with India growing at 7.9% impacted partially by industry wide rare-earth issue. This resulted in loss of ~ 750 million of Revenue in Q2 FY26 or else the growth in Indian operation would have been 11.8% 2) Higher tooling sales & employee cost related to R&D operation impacted the profitability. But both of this will help us in growing our revenue in future. 3) IP ownership creation in India enabling tax benefit (~110 million) in India for a major part of overseas R&D spending. Q2 FY26Q2 FY25 Q1 FY26 Revenue 20,808 20,276 22,073 PBT*% 4.3% 4.0% 4.1% Note:- PBT*% means PBT before JV and exceptional items Rs. In million.
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Particulars H1 FY26 H1 FY25 YoY Revenue from Operations 42,349 39,796 6.4% EBITDA 3,937 3,734 EBITDA % 9.3% 9.4% (10) Bps PBT before JV and exceptional items 1,696 1,346 PBT before JV and exceptional items % 4.0% 3.4% 60 bps PBT (incl. JV profits) after exceptional items* 2,360 1,468 PBT % 5.6% 3.7% 190 bps PAT 1,707 919 Consolidated Financials of H1 FY26 * includes - H1 FY26 – Exceptional items of FCTR released to P&L on disposal of China JV investment ~Rs. 612 million. 1) YoY revenue growth at 6.4% with India business growing at 7.6% partially by industry wide rare-earth issue. This resulted in loss of ~ 1050 million of Revenue in H1 FY26 or else the growth in the Indian operation would have been 10.4% 2) Higher tooling sales & employee cost related to R&D operation impacted the profitability at EBITDA level. But both of this will help us in growing our revenue in future. 3) The PBT margin at 4% was supported due to lower interest cost and past control on Capex resulting in D&A to remain more or less constant YoY H1 FY25 H1 FY26 Revenue PBT*% 3.4% 4.0% 39,796 42,349 Note:- PBT*% means PBT before JV and exceptional items Rs. In million.
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Financials of India Operations and Rest of Operations* 1) YoY revenue growth was 7.9% from India operations whereas rest of the operations de-grew by (18.4%) 2) Overseas business comprises of a) 2W lighting (Revenue have declined but still profitable) b) Advanced Electronics (No significant business now but have won business which will result in significant Revenue growth from Q2 FY27) c) Forging. (Revenue is suffering due to US tariff) 3) Advanced Electronics and Lighting 4W R&D (incl. China team) to support growth in overseas business, after expiry of non-compete restrictions in Oct 25 Rs. In million. * These are unaudited numbers and include regrouping of certain expenses based on business verticals 2,160 1,218 2,405 1,512 Revenue EBITDA PBT 19,343 20,879 +8% +11% +24% Q2 FY 25 Q2 FY 26 -20 -157 -119 -276 Revenue EBITDA PBT 1,464 1,194 -18% Q2 FY 25 Q2 FY 26 -130 -153 EBITDA PBT -268 -316 Q2 FY 25 Q2 FY 26 India Business Overseas Business 4w Advanced Electronics & Lighting R&D for Overseas Business
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Reduction in Net Debt (consol.) The Net Debt of the Company in H1 FY26 have reduced by ₹ 3,680 Million and now is ₹ 3,800 Million ₹ in Million Rs. in Million 31st Mar 2024 30th Jun 2024 30th Sep 2024 31st Dec 2024 31st Mar 2025 30th Jun 2025 30th Sep 2025 Net Debt 9,828 9,160 8,273 7,860 7,480 4,478 3,800 Equity 15,262 15,518 16,400 15,826 15,979 16,624 17,218 Annualised Adjusted EBITDA 7,590 6,896 7,467 7,493 7,767 7,675 8,072 Net Debt/Equity 0.64 0.59 0.5 0.5 0.5 0.3 0.22 Net Debt/EBITDA 1.29 1.33 1.11 1.05 0.96 0.58 0.47 Q4 FY24 Q1 FY25 Q2 FY25 Q3 FY25 Q4 FY25 Q2FY26 Net Debt 9,828 9,160 8,273 7,860 7,480 4,478 3,800 Q1FY26
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89% 11% India Outside India 45% 55% Bajaj Non-Bajaj 74% 26% 2&3 Wheeler 4 Wheeler & Other Revenue Breakdown for H1 FY26 SegmentBusiness Unit Geography Customer 5.8% 25.8% 17.0% 3.8% 35.2% 10.0% 2.5% E-Mobility ICE-Powertrain Solutions Lighting Solutions HMI Solutions Body Part Solutions Aftermarket Others (Overseas)
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Net New Annual Peak Revenue Win in H1 FY26 (Annual Peak Revenue is Rs.8,928 million) Revenue % win from ICE & EV Players Revenue % win from 2&3W and 4W Players Revenue % win from Customers Outstanding Order book and expected SoP 33,31029,060 63.0% 37.0% EV Customer ICE Customer 61.0% 39.0% 2W&3W 4W&Others 58.0% 42.0% Bajaj Non-Bajaj Rs. in million Expected SoP Annual Peak Revenue FY26 FY27 FY28 Outstanding Order Book End of FY25 13,079 4,167 8,813 99 New Order intake in H1 FY26 8,928 5,664 2,335 929 SoP-YTD 4,704 - - - Outstanding Order Book End of H1 FY26 16,933 9,461 11,148 1,028
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Technical Site Krakow Poland Timisoara Targa Mures Romania China Hanoi Vietnam Pune India ADAS & DMS Varroc Smart MobilityLighting(4W & 2W) Head and Rear Lamp, LCU, LDM, ADB IOT Applications, including Vehicle Telematics & Fleet Management Focus on ADAS, Driver & Camera Monitoring Systems Manufacturing Plant Sales Office Cambiano Italy Bielefeld Germany Headquarter Infotainment & Surround View Camera System (360) Touchscreen Display ready to integrate DMS and SVS Rayong Thailand Manufacturing Location Electronics Production Exterior Lighting Production Interior Lighting Production Romania Y Y Y Vietnam Y Y - Thailand - Y - India Y - - Italy - Y - Electronics Manufacturing Services High and Low Voltage Electronics Varroc Business-II:- In a Glance R&D Location Lighting Connectivity ADAS Poland - Y Y Italy Y - India Y Y China Y Y Y
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• Exterior Lighting New Exterior Lighting Location (THAILAND) Thinking Tomorrow Acting Today New Engineering and Technical Location (China) Exterior Lighting 3R1V1R1V1V ADAS Intelligent Cockpit
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Revenue Growth CM Improvement PBT GrowthFCF Conversion Prudent Redeployment Volume growth on top of inflation recovery to pave way for profitable growth Sustainable improvement in contribution margins through economies of scale, revenue management and cost efficiencies to magnify the benefit of revenue growth and make the business more robust Growth in CM and less than proportionate increase in fixed costs to result in multiplier effect on PBT through operating leverage Efficient conversion of growth in profits into growth in FCF to improve intrinsic value of business and to create reinvestment pool Debt reduction, less capital-intensive investments and prudent capital deployment in organic + inorganic growth opportunities to ensure compounding of value Compounding Machine of Value
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Our Businesses 12th Nov 2025
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Powering India’s Mobility: E-Mobility Components • Customer CTQ’s • Component Design • Robust analysis to predict the design meets all CTQs • Tolerance analysis to ensure DFM • Material and component data base to speed up the design Sub Systems • Customer requirements and CTQs • Sub-system level CTQs • Design of Electronic Hardware, Software & Mechanical • Sub system level simulation and analysis to ensure robustness • Model Based design and system validation (HILS) Systems • System level requirements and CTQs • Architecture design • Electronics, Control System and Software architecture design & development • System integration and testing (HILS) • Vehicle level testing 2 FACILITIES - INDIA Motor Charger Motor Controller Throttle VCU LED Headlamp DC-DC Convertor Battery & BMS 48V • Locally designed, developed and manufactured • Fully IoT enabled machines • Complete vertical integration for Electronic Manufacturing • Motor Dyno Testing System for testing 2W and 3W EV 452 558 740 777 950 1,304 1,375 1,202 1,247 1,176 Q1 FY24 Q2 FY24 Q3 FY24 Q4 FY24 Q1 FY25 Q2 FY25 Q3 FY25 Q4 FY25 Q1 FY26 Q2 FY26 ₹ in Million
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Powering India’s Mobility: ICE Powertrain Solutions Engine Components Valves Designed for 30% longer lifespan with optimized heat resistance & reduced friction Transmission Component Deliver 15% higher efficiency with precision-forged gears Crankpins & Balancer Reduce vibration by 25%, improving ride quality & engine longevity Generator Solutions Magneto & Regulator Rectifier Provide 20% better power stability, enhancing battery life Integrated Starter Generator (ISG) Improves fuel efficiency by 8%, ensuring seamless restarts Crankpins & Balancer Reduce vibration by 25%, improving ride quality & engine longevity 2 FACILITIES - ITALY5 FACILITIES - INDIA Motor Solutions Starter Motor Offers 15% faster engine starts, with improved torque output Actuator Motor Increases precision by12%, ensuring smoother vehicle operations Wiper Motor Delivers 20% longer life with optimized speed control 5,371 5,414 5,459 6,404 5,150 5,502 5,344 5,558 5,760 6,129 Q1 FY24 Q2 FY24 Q3 FY24 Q4 FY24 Q1 FY25 Q2 FY25 Q3 FY25 Q4 FY25 Q1 FY26 Q2 FY26 ₹ in Million • Products developed to meet stricter emission norms under BS VI • Delivers high performance, cost-effective components • Drive innovation have built products like Integrated Starter Generator, Electronic Fuel Injection, Sodium filled valves.
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Powering India’s Mobility: Lighting Solutions Visibility System Headlamps Deliver 50% better illumination, 40% longer life, and enhanced safety with AFS (+20% visibility) and DRLs (+30% daytime visibility) Projector Modules Compact LED projectors combine beams & ALU functions for optimal lighting, with precision systems for logo projection & customizable module 5 FACILITIES - INDIA Indication System Signaling Lamps 3D tail lamps with patented lenses offer a signature glow and integrated stop/tail functions. Virtual image tech delivers wide-angle illumination Specialty Lighting Sleek lamps with animated displays, adaptive lighting (DRL, ADB, AFS), and 3D-effect tail lamps with LED welcome features enhance style, safety. Winker LED winkers offer 25% better visibility and 50% longer life, while dynamic turn indicators enhance signaling with progressive illumination. Blinker Reduce power use by 20% and respond faster. Smart modules adapt brightness to conditions, while sequential indicators enable safer, quicker lane changes. 4,346 4,259 3,865 3,819 3,849 3,909 4,096 4,220 3,651 3,480 Q1 FY24 Q2 FY24 Q3 FY24 Q4 FY24 Q1 FY25 Q2 FY25 Q3 FY25 Q4 FY25 Q1 FY26 Q2 FY26 ₹ in Million 5 FACILITIES - GLOBALLY • Varroc is delivering cutting-edge Visibility and Indication Systems for 2W, 3W, and 4W vehicles • Our expertise spans LED, Matrix and Xenon technologies, focusing on lightweight, energy - efficient designs that enhance safety and aesthetics • We integrate advanced innovations like Adaptive Driving Beam (ADB) Systems for glare -free night driving and LiDAR-enabled headlamps for ADAS compatibility.
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Powering India’s Mobility: HMI Solutions Hardware Solutions 3 FACILITIES - INDIA Digital Instrument Cluster Offer 40% brighter displays, hybrid designs blend analog and digital, and cloud dashboards enable real-time monitoring and diagnostics Ergonomic Handlebar Switches Backlit, sealed design enhances visibility and water resistance, with 20% better accessibility to reduce rider fatigue. Smart Telematics & Monitoring System GPS diagnostics with 4G LTE enable real-time tracking, 5% faster data, and remote OTA software updates. Indirect Tyre Pressure Monitoring System Prevents 80% of tire-related accidents and boosts fuel efficiency by 10% through optimal pressure alerts. Smart Sensors Rain & light sensors auto-activate headlamps; speed & position sensors boost performance monitoring accuracy by 30%. 681 695 717 637 683 545 590 554 731 860 Q1 FY24 Q2 FY24 Q3 FY24 Q4 FY24 Q1 FY25 Q2 FY25 Q3 FY25 Q4 FY25 Q1 FY26 Q2 FY26 ₹ in Million • Varroc HMI solutions enhance rider control, connectivity, and safety with advanced instrument clusters, telematics, sensors, and switches. • Our products are backed by state-of-the-art manufacturing facilities, including high- precision molding, SMT lines for electronic assembly, and in-house testing labs, we ensure best-in-class quality, durability and performance.
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Powering India’s Mobility: Body System Solutions Exterior & Interior Molded Parts Exterior Molded Components Molded-in-color design offers a sleek finish, while advanced molding cuts weight and cost. Tail Lamp Assembly Integrated tailgate with lighting and camera boosts utility; 2K Dolphin Spin tech adds premium finish and IP55 durability. Soft Door Trim Enhance cabin feel along dual- tone armrest and metallic speaker grilles, adding a stylish, premium finish. Cockpit/ Dashboard fits all platforms, with smart storage, ambient lighting, and sustainable materials for enhanced utility & appeal Painted Parts Painted Body Panels & Covers Piano black finish offers seamless gloss and durability, enhancing vehicle appeal with a high-end, sophisticated look. Functional Polymer Components Lightweight Structural Component End-to-end in-house production with durable, premium finishes for parts like oil pans, visors, engine protectors Air Filter Assembly In-house development with submicron filtration, sound- reducing resonators, & dust/oil separation for longer engine life Seat Assembly In-house 2W/3W seats offer durable, lightweight comfort with premium finishes like PU skin and multi-layer foam. Mirror Assembly Premium 2W/3W/4W mirrors with anti-dazzle glass, global compliance, and stylish manual/electric options. 14 FACILITIES - INDIA ₹ in Million • Varroc offer end-to-end design, development, and manufacturing • Our expertise spans in lightweighting, 2K molding, and 3i technology enables durable, efficient, and sustainable solutions. 5,604 6,405 6,567 6,625 6,694 7,718 7,485 7,856 6,957 7,819 Q1 FY24 Q2 FY24 Q3 FY24 Q4 FY24 Q1 FY25 Q2 FY25 Q3 FY25 Q4 FY25 Q1 FY26 Q2 FY26
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1,602 1,537 1,498 1,487 1,664 1,831 1,862 1,602 1,931 2,273 Q1 FY24 Q2 FY24 Q3 FY24 Q4 FY24 Q1 FY25 Q2 FY25 Q3 FY25 Q4 FY25 Q1 FY26 Q2 FY26 Powering India’s Mobility: Aftermarket Our Product Portfolio Lighting Electrical, Electronics, and Lighting products meticulously crafted to optimize vehicle performance. Spare Parts Includes forged components, filters, and rubber parts, built for exceptional reliability and longevity, ensuring unwavering support for your vehicle Lubricants Specialized engine oils tailored for 2W/3W/4W. Offers optimal protection and contribute to overall efficiency of your vehicle. Automotive Accessories Diverse range from Helmets to Roof Rails, meticulously crafted to enhance, personalize and optimize vehicle functionality & safety. ₹ in Million EXPORTS TO 30+ COUNTRIES PAN INDIA DISTRIBUTOR +310 Cities +720 Distributors West 1,706 27% North 1,293 20% South 1,292 20% Export 1,253 20% East 765 12% West North South Export East Other
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Long Standing, Growing Customer Relationships •Strong long-standing relationships with marquee OEMs across high-end and mass market segments •Ability to invest to meet growing customer needs •Advanced test lab helps in speeding up the process of design, development to commercialization of technologically advanced products for our customers. Comprehensive Solution Provider •End-to-end services across design, development and delivery •Wide range of products across E-mobility, Ice powertrain, lighting solutions, HMI solutions, Body system solutions and Electrical. •Ability to cross-sell to meet customer requirements Low-Cost Manufacturing Footprint •Pan-India presence enabling proximity to customers •Strategically located with global footprint (Manufacturing plants in India, China, Vietnam, Romania, & Italy) Continuous Focus on R&D Capabilities Enhancing Portfolio • Developing innovative, cost- competitive proprietary products continuously. • Well-positioned to benefit from key trends like safety digitalization, electrification, and increased electronics use. • With our experts in automotive technology and the latest global advancements, we develop world class solutions with highest-standards Our Key Strengths Strong Competitive Position in a Growing Market Segment •Leading technology supplier to 2W market •Leading supplier of exterior lighting to passenger cars •Emerging system supplier in ADAS, telematics and cockpit electronics
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Sustainability
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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 vision to ‘Create safe, smart, and sustainable future mobility solutions for everyone. ESG Framework 1. SUSTAINABLE PRODUCTS Enabling positive impact on environment via eco-friendly designs and manufacturing materials, following the design for environment approach. 2. SUSTAINABLE OPERATIONS Eco-friendly manufacturing, adhering to environmental norms, increasing renewable energy use, and enhancing waste recycling. 3. EMPLOYEE GROWTH & DIVERSITY Nurturing employee skills, diversity, inclusion and human rights adherence. 4. SUSTAINABLE SUPPLY CHAIN Building a sustainable network of suppliers meeting environmental and social standards. 6. ETHICAL GOVERNANCE Implementing ethical practices for sustained company growth. 5. COMMUNITY DEVELOPMENT Harnessing our expertise and employee efforts for community betterment.
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Commitment to Environment WASTE MANAGEMENT ▪ >90% Waste generated across our plants is Recycled. ▪ Zero Liquid Discharge with Water Evaporation Technology. ▪ >90% Wastewater is recycled & reused in process or utilized for non-potable purpose such as tree plantation, landscape etc. RENEWABLE ENERGY ▪ 30% Renewable energy contributions. Commitment to increase to 50% in coming years. ▪ We generated 52.7 Million units of renewable energy in FY25which is equivalent to avoiding 38,315 tonnes of CO2e emissions in the atmosphere. EHS ▪ Implementation of Occupational Health & Safety Management System across all the manufacturing Plants ISO 14001 & ISO 45001. GHG EMISSIONS ▪ 110 Energy efficiency and Energy conservation projects/Kaizens implemented in FY23. ▪ Approx. 5 Lakhs Electricity units savings achieved in FY23 which is equivalent to approx. 400 tCO2e.
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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. Varroc’s Kham River Restoration Mission 1,24,261 sq. meters Area cleaned 50,776 sq. meters Area greened 1,03,851 Saplings planted 5,380 meters Banks pitched Accelerated waste collection efforts in the city 182 Events held and 22000+ citizens engaged As a part of citizen engagement programmes Awards and Recognitions WRI Ross Center Prize for Cities St. Andrew’s Price for Environment Special Jury’s award in FICCI Water Awards under Urban Water and Wastewater Management Inclusion in River City Alliance and appreciation by National Institute of Urban Affairs Recognition received at the DHARA summit organized by National Institute of Urban Affairs
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Creating meaningful differences to the society through environmental and social welfare projects • Kham River Eco Restoration Project was introduced with the objective of giving back to the city in which we started our operations • Under this project, we focused on cleaning the Kham river, pitching riverbanks, greening areas around Kham river, effectively managing solid waste in the city, creating bio-diversity parks and engaging citizens about the benefits of clean river Nurturing Future Sports Talent Social Impact Programs Kham River Restoration • Varroc Vengsarkar Cricket Academy (VVCA) • Partnered with Abhinav Bindra Foundation for competing Olympic games athlete program • Supporting Varroc Inter school and industrial cricket tournaments • Young Talent sponsorship program • Learn and Earn Program at Varroc Academy • Women’s Empowerment through association with MKSS Cummins college and Engineering For Women Creating meaningful differences to the society and environment Commitment to Society
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THANK YOU