Price
Financials
Consolidated, Rs crore| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 159.21 | 206.54 | 233.52 | 196.23 | 199.80 | 294.79 | 387.08 | 221.18 | 225.63 | 249.40 | 253.08 | 151.94 |
| Operating costs | 151.93 | 186.37 | 213.53 | 180.50 | 185.42 | 275.01 | 349.59 | 208.42 | 209.96 | 236.44 | 242.53 | 147.00 |
| EBITDA | 7.28 | 20.17 | 19.99 | 15.73 | 14.38 | 19.78 | 37.49 | 12.76 | 15.67 | 12.96 | 10.55 | 4.94 |
| EBITDA margin % | 4.57% | 9.77% | 8.56% | 8.02% | 7.20% | 6.71% | 9.69% | 5.77% | 6.94% | 5.20% | 4.17% | 3.25% |
| Depreciation & amortisation | 1.65 | 1.41 | 1.50 | 1.33 | 1.44 | 1.55 | 1.57 | 1.53 | 1.30 | 1.57 | 1.45 | 1.30 |
| Finance costs | 3.24 | 4.09 | 3.38 | 4.20 | 5.27 | 4.63 | 4.78 | 4.96 | 3.07 | 5.76 | 2.41 | 6.05 |
| Non-operating income | 18.28 | 3.89 | 8.16 | 2.31 | 4.62 | 77.74 | 5.71 | 20.78 | 4.09 | 4.47 | 5.85 | 4.88 |
| Pre-tax profit | 20.67 | 18.56 | 23.27 | 12.51 | 12.29 | 91.34 | 36.85 | 27.05 | 15.39 | 10.10 | 12.54 | 2.47 |
| Effective tax rate % | -0.00% | -0.00% | 27.72% | 23.26% | 16.11% | 17.27% | 5.64% | 16.93% | 25.73% | 8.12% | 54.39% | 18.62% |
| Profit after tax | 20.67 | 18.56 | 16.82 | 9.60 | 10.31 | 75.57 | 34.77 | 22.47 | 11.43 | 9.28 | 5.72 | 2.01 |
| Earnings per share (Rs) | 0.95 | 0.84 | 0.76 | 0.43 | 0.46 | 3.34 | 1.54 | 0.99 | 0.51 | 0.41 | 0.25 | 0.09 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 588 | 490 | 539 | 524 | 521 | 506 | 657 | 1,019 | 764 | 1,077 | 949 | 880 |
| Operating costs | 551 | 496 | 531 | 516 | 466 | 519 | 634 | 902 | 687 | 989 | 895 | 836 |
| EBITDA | 37 | -6 | 8 | 8 | 55 | -13 | 23 | 118 | 76 | 88 | 54 | 44 |
| EBITDA margin % | 6% | -1.1% | 1.4% | 1.6% | 11% | -2.5% | 3.5% | 12% | 10% | 8% | 6% | 5% |
| Depreciation & amortisation | 15 | 16 | 14 | 13 | 15 | 12 | 11 | 12 | 6 | 6 | 6 | 6 |
| Finance costs | 40 | 34 | 26 | 27 | 20 | 27 | 25 | 13 | 14 | 20 | 18 | 17 |
| Non-operating income | 27 | 58 | 38 | 36 | 20 | 12 | 53 | 11 | 18 | 90 | 35 | 19 |
| Pre-tax profit | 8 | 3 | 5 | 4 | 40 | -40 | 40 | 103 | 74 | 153 | 65 | 40 |
| Effective tax rate % | -16% | 55% | 7% | -24% | 0% | 1% | 11% | 4% | 9% | 15% | 25% | |
| Profit after tax | 9 | 1 | 5 | 5 | 40 | -40 | 36 | 99 | 68 | 130 | 49 | 28 |
| Earnings per share (Rs) | 0.53 | 0.12 | 0.33 | 0.38 | 2.22 | -2.24 | 1.62 | 4.49 | 3.02 | 5.74 | 2.11 | 1.26 |
| Paid out as dividend % | -0% | -0% | -0% | -0% | -0% | -0% | -0% | 6% | 8% | -0% | -0% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Revenue CAGR | 5% | 13% | -2% | -20% | ||
| Profit CAGR | 47% | 21% | -37% | -64% | ||
| Share price CAGR | 1% | 6% | -17% | -51% | ||
| Average return on equity | 3% | 5% | 4% | 2% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net block (property, plant) | 189 | 116 | 130 | 119 | 114 | 108 | 99 | 94 | 117 | 63 | 74 | 64 |
| Capital work in progress | 2 | -0 | -0 | 1 | 0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 |
| Investments | 61 | 122 | 84 | 86 | 83 | 98 | 81 | 76 | 83 | 83 | 85 | 99 |
| Current & other assets | 1,103 | 1,114 | 1,109 | 1,116 | 1,133 | 1,150 | 1,137 | 1,320 | 1,450 | 1,715 | 1,969 | 2,198 |
| Total assets | 1,356 | 1,352 | 1,323 | 1,322 | 1,330 | 1,356 | 1,316 | 1,490 | 1,649 | 1,862 | 2,128 | 2,361 |
| Share capital | 90 | 161 | 168 | 174 | 178 | 178 | 182 | 217 | 217 | 221 | 226 | 232 |
| Reserves & surplus | 428 | 465 | 467 | 494 | 512 | 556 | 517 | 594 | 694 | 760 | 867 | 917 |
| Total debt | 334 | 269 | 274 | 278 | 253 | 255 | 215 | 165 | 142 | 152 | 206 | 300 |
| Other liabilities & provisions | 503 | 457 | 415 | 376 | 388 | 366 | 403 | 514 | 595 | 728 | 830 | 913 |
| Equity + liabilities | 1,356 | 1,352 | 1,323 | 1,322 | 1,330 | 1,356 | 1,316 | 1,490 | 1,649 | 1,862 | 2,128 | 2,361 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 78 | 38 | 28 | 10 | 56 | 38 | 70 | 33 | 104 | -22 | 5 | -122 |
| Investing cash flow | 8 | -21 | -23 | 6 | -2 | -27 | 6 | -13 | -32 | -12 | 68 | -17 |
| Free cash flow (after capex) | 81 | 36 | 9 | 10 | 45 | 35 | 71 | 23 | 62 | -21 | -12 | -118 |
| Financing cash flow | -63 | -26 | -16 | -24 | -26 | -34 | -72 | -22 | -44 | 5 | 27 | 74 |
| Net change in cash | 23 | -9 | -12 | -8 | 28 | -24 | 4 | -1 | 28 | -29 | 100 | -66 |
| Cash conversion (OCF / EBITDA) % | -109% | 125% | -299% | 132% | 443% | 64% | -481% | 156% | 97% | -14% | 21% | -193% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Return on capital employed % | -11% | 4% | 4% | 3% | 3% | 6% | -2% | 2% | 11% | 7% | 8% | 5% |
| Receivable days | 172 | 150 | 167 | 139 | 140 | 127 | 118 | 90 | 78 | 85 | 72 | 92 |
| Inventory days | 3,038 | 371 | 453 | 451 | 476 | 503 | 416 | 363 | 219 | 300 | 236 | 326 |
| Payable days | 2,217 | 160 | 197 | 184 | 192 | 211 | 219 | 197 | 167 | 213 | 193 | 284 |
| Cash cycle (days) | 993 | 361 | 424 | 406 | 425 | 419 | 316 | 256 | 129 | 172 | 116 | 134 |
| Working capital days | -16 | 141 | 259 | 233 | 305 | 303 | 267 | 246 | 183 | 266 | 198 | 281 |
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoter group % | 32.20% | 31.62% | 31.62% | 31.27% | 31.27% | 30.93% | 31.11% | 31.11% | 31.11% | 30.78% | 30.38% | 30.38% |
| Foreign investors % | 0.90% | 0.11% | 0.89% | 0.40% | 0.55% | 0.54% | 0.72% | 0.50% | 1.89% | 0.48% | 0.51% | 0.33% |
| Domestic institutions % | 0.09% | 0.14% | 0.14% | 0.37% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Retail & others % | 66.80% | 68.12% | 67.34% | 67.96% | 68.19% | 68.53% | 68.17% | 68.40% | 66.99% | 68.73% | 69.10% | 69.28% |
| Shareholder count | 58,086 | 75,308 | 86,480 | 91,584 | 92,707 | 95,554 | 94,236 | 96,349 | 96,568 | 97,017 | 94,466 | 93,670 |
Fundamentals
Market value₹ 788 Cr.
Last price₹ 34.0
P/E (trailing)27.7
Book value / share₹ 49.6
Return on capital4.68 %
Return on equity2.22 %
Dividend yield0.00 %
Face value₹ 10.0
Revenue CAGR (TTM)-20%
Profit CAGR (TTM)-64%
Consolidated figures.
Valuation
Market capRs 755 Cr
Enterprise valueRs 851 Cr
P/E (TTM)26.54x
Price to book0.66x
Price to sales0.86x
EV / EBITDA13.42x
EV / EBIT14.73x
EV / sales0.97x
Earnings yield3.77%
P/E, 3-year average13.17x
P/B, 3-year average0.90x
P/E, 5-year average11.89x
P/B, 5-year average0.78x
Profitability
Operating margin (excl. other income)5.64%
Operating margin (incl. other income)9.35%
EBITDA margin7.21%
Pre-tax margin4.60%
Net profit margin3.23%
Net margin, latest quarter1.32%
ROE4.36%
ROCE6.03%
ROA2.18%
ROE, 3-year average7.98%
ROCE, 3-year average9.44%
ROA, 3-year average4.17%
ROE, 5-year average7.98%
ROCE, 5-year average9.34%
ROA, 5-year average4.24%
ROIC (approx.)3.49%
Tax rate24.86%
Other income / net worth3.06%
Growth
Sales growth (latest year)-11.96%
Profit growth (latest year)-62.33%
Sales CAGR, 3 years-2.37%
Sales CAGR, 5 years13.40%
Profit CAGR, 3 years-20.55%
Sales growth QoQ-39.96%
Profit growth QoQ-64.86%
Sales growth YoY (latest quarter)-31.30%
Profit growth YoY (latest quarter)-91.05%
Per share
EPS (TTM)Rs 1.23
EPS (latest year)Rs 2.11
EPS (latest quarter)Rs 0.09
EPS, 3-year averageRs 3.62
EPS, 5-year averageRs 3.40
Book value per shareRs 49.58
Sales per shareRs 37.98
Cash flow per shareRs -5.29
Dividend per share, 3-year averageRs 0.25
Dividend per share, 5-year averageRs 0.25
Dividends
Dividend payout, 3-year average8.27%
Dividend payout, 5-year average6.92%
Efficiency
Asset turnover0.40x
Fixed asset turnover14.78x
Inventory turnover1.12x
Inventory days326 days
Debtor days92 days
Debtors turnover3.98x
Leverage
Total debtRs 300 Cr
Cash and bankRs 203 Cr
Net debtRs 96 Cr
Debt to equity0.26x
Net debt / EBITDA1.52x
Interest coverage3.34x
Current ratio (filing 2026-03-31)1.95x
Quick ratio (filing 2026-03-31)1.24x
Trade payables (filing 2026-03-31)Rs 640 Cr
Owners' fund to total sources48.65%
Debt to assets12.69%
Cash flow
Operating cash flow (latest year)Rs -122 Cr
Investing cash flow (latest year)Rs -17 Cr
Financing cash flow (latest year)Rs 74 Cr
Net change in cash (latest year)Rs -66 Cr
Statement figures
Net sales (TTM)Rs 880 Cr
Net sales (latest year)Rs 949 Cr
Sales (latest quarter)Rs 152 Cr
Operating profit excl. other income (latest year)Rs 54 Cr
Operating profit (latest quarter)Rs 5 Cr
Other income (TTM)Rs 19 Cr
EBITDA (TTM)Rs 63 Cr
PBDT (TTM)Rs 46 Cr
Profit before tax (TTM)Rs 40 Cr
Tax (latest year)Rs 16 Cr
Net profit (TTM)Rs 28 Cr
Net profit (latest year)Rs 49 Cr
Net profit (latest quarter)Rs 2 Cr
Depreciation (TTM)Rs 6 Cr
Depreciation (latest quarter)Rs 1 Cr
Interest (TTM)Rs 17 Cr
Cost of goods sold (latest year)Rs 825 Cr
Total expenditure (latest year)Rs 895 Cr
Total income (latest year)Rs 984 Cr
Share capitalRs 232 Cr
ReservesRs 917 Cr
Shareholders' fundsRs 1,149 Cr
Total assetsRs 2,361 Cr
Net blockRs 64 Cr
InvestmentsRs 99 Cr
ReceivablesRs 238 Cr
InventoryRs 736 Cr
Other liabilitiesRs 913 Cr
Shares outstanding (crore)23.17
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 26.5 is at the 68th percentile of its own 7.8-year range
(median 18.4, low 4.8, high 398.3).
P/B 0.66 is at the 31th percentile (median 0.84).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
| Period | VASCONEQ | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | -2.1% | -2.8% | +0.6 pts |
| 1 month | +6.7% | -6.8% | +13.5 pts |
| 3 months | -4.2% | -7.6% | +3.4 pts |
| 6 months | +20.4% | +0.4% | +20.0 pts |
| 1 year | -46.6% | -9.9% | -36.7 pts |
| 2 years | -51.8% | -13.6% | -38.3 pts |
| 3 years | -44.5% | +14.2% | -58.7 pts |
| 5 years | +26.0% | +27.9% | -1.9 pts |
Red flags
F-score 1 of 8| explain | Weak cash conversion Cash from operations was -57% of net profit over the last 3 years |
| explain | Debt up, profit down Borrowings up 46% while net profit fell in 2026 |
| look | Inventory outrunning sales Inventory grew 25% vs sales -12% in 2026 |
| look | Profit leans on other income Other income was 54% of pre-tax profit in 2026 |
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.
Latest quarter
Jun 2026Sales ₹152 Cr -31.3% vs Jun 2025.
Net profit ₹2 Cr -91.1%.
Against our estimate for Jun 2026: sales -8.4%, profit -72.4% in line. Our estimate for Sep 2026: sales Rs 151 Cr, profit Rs 5 Cr (how).
Activity
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|---|---|---|---|
| DLF Ltd | 161,638 | 37.6 | 6.32 % |
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| Prestige Estates Projects Ltd | 61,056 | 53.6 | 10.4 % |
| Godrej Properties Ltd | 49,232 | 30.4 | 7.63 % |
| Anant Raj Ltd | 21,675 | 37.5 | 12.1 % |
| Brigade Enterprises Ltd | 18,370 | 27.0 | 10.5 % |
| Horizon Industrial Parks Ltd | 14,709 | 3.18 % | |
| Sobha Ltd | 13,008 | 56.4 | 6.86 % |
| Aditya Birla Real Estate Ltd | 12,963 | -4.48 % | |
| SignatureGlobal India Ltd | 10,614 | 2.38 % | |
| Sri Lotus Developers & Realty Ltd | 10,466 | 40.7 | 21.2 % |
| Max Estates Ltd | 9,312 | 1,586 | 1.40 % |
| Embassy Developments Ltd | 7,833 | -2.44 % |
No bulk or block deals on record.
| Ex-date | Action | Factor |
|---|---|---|
| 2023-08-21 | Interim Dividend - Re 0.25 Per Share | |
| 2015-09-21 | Annual General Meeting | |
| 2015-06-23 | Rights 14:19 @ Premium Rs 5/- Per Share | |
| 2014-09-09 | Annual General Meeting | |
| 2013-09-05 | Annual General Meeting | |
| 2012-09-06 | Annual General Meeting | |
| 2011-09-14 | Annual General Meeting And Dividend Re.1/- Per Share | |
| 2010-07-16 | Annual General Meeting |
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
| Order date | Forum | Case |
|---|---|---|
| 2018-12-06 | NCLT | Vascon Engineers Ltd. Vs N/A |
Orders from NCLT, NCLAT and CESTAT naming the company. Click a row for the order.
High low price variation greater than 150perc in previous 12 months
Quick answers
What is the market cap of Vascon Engineers Ltd?
Vascon Engineers Ltd (VASCONEQ) has a market capitalisation of Rs 788 Cr. at the 2026-10-01 close.
What is the P/E ratio of Vascon Engineers Ltd?
Vascon Engineers Ltd trades at a P/E of 27.7 on trailing twelve-month profit, at the 2026-10-01 close.
What were Vascon Engineers Ltd's latest quarterly results?
In the Jun 2026 quarter, Vascon Engineers Ltd sales was Rs 152 Cr (-31.3% vs Jun 2025) and net profit was Rs 2 Cr.
What is the 52-week high and low of Vascon Engineers Ltd?
The 52-week high is Rs 74.59 and the 52-week low is Rs 26.75.