MarketFriction

Vishnu Prakash R Punglia Ltd

NSE VPRPL · BSE 543974 · Civil Construction
₹28.39 -4.15%
NSE close2026-10-01
52 week range23.94 - 100.42
Market cap₹361 Cr.
IPO 2023 · -71% since ASM long-term Price band 20% Delivery 55.6%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Standalone, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales296242657257335241405276296177102138
Expenses258208552223286213359244271191227172
Operating Profit3834105344928463224-13-125-34
OPM %13%14%16%13%15%11%11%12%8%-7%-123%-25%
Other Income233222212-632
Interest91115131518221818152413
Depreciation333344555565
Profit before tax2923912032822113-39-152-51
Tax %26%25%26%25%25%49%25%33%-8%-24%-14%-23%
Net Profit211767152441674-30-131-39
EPS in Rs1.701.395.391.181.900.311.300.560.29-2.41-10.49-3.15
Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales3523673724847861,1681,4741,237851713
Expenses3203333344396991,0121,2641,082933861
Operating Profit3135384587157210156-82-148
OPM %9%9%10%9%11%13%14%13%-10%-21%
Other Income3322239901
Interest14181818243043687469
Depreciation34444711162222
Profit before tax161718266012216581-177-239
Tax %31%27%31%26%26%26%26%27%-15%
Net Profit11121319459112259-150-196
EPS in Rs4.014.344.506.7415.939.709.804.70-12.04-15.76
Dividend Payout %0%0%0%0%0%0%0%0%0%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth%12%-10%-43%
Compounded Profit Growth%%%-467%
Stock Price CAGR%%-45%-69%
Return on Equity%8%2%-20%
Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital282828282893125125125
Reserves42556685131221596655505
Borrowings110124122111177250396707650
Other Liabilities363492107163261425523601
Total Liabilities2162403093314988251,5422,0101,880
Fixed Assets5153555581135176231249
CWIP000006673
Investments910011110
Other Assets1571872542754156841,3601,7701,628
Total Assets2162403093314988251,5422,0101,880
Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity16123835-3-8-316-207142
Cash from Investing Activity-10-3-9-5-30-98-32-85-15
Cash from Financing Activity-7-10-25-2942108387244-132
Net Cash Flow-0-1319238-48-5
Free Cash Flow573231-31-74-368-280106
CFO/OP67%47%120%90%19%11%-134%-109%-201%
Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days765091755462166217247
Inventory Days59245360268235323320941820
Days Payable3779277239157213236521537
Cash Conversion Cycle98216173104132172250637530
Working Capital Days9611715343649114157149
ROCE %18%17%20%30%34%25%11%-7%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters67.81%67.81%67.81%67.81%67.81%67.81%67.81%67.81%58.66%52.64%44.61%38.03%
FIIs4.66%3.06%1.11%1.08%0.10%0.89%0.17%0.11%1.34%0.11%0.27%0.01%
DIIs4.94%4.96%4.16%4.08%4.10%4.14%4.09%4.09%4.09%4.08%4.08%4.08%
Government0.00%0.00%0.00%0.00%0.00%0.24%0.24%0.24%0.24%0.24%0.24%0.24%
Public22.59%24.17%26.90%27.02%27.99%26.90%27.68%27.74%35.66%42.93%50.80%57.65%
No. of Shareholders49,18971,44284,56097,4711,14,3441,22,6271,27,9581,26,3221,26,5841,25,6761,23,6551,21,778

Fundamentals

Market Cap₹ 361 Cr.
Current Price₹ 29.0
Book Value₹ 50.5
ROCE-6.75 %
ROE-19.9 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)-43%
Compounded Profit Growth (TTM)-467%
Standalone figures.
Valuation
Market capRs 354 Cr
Enterprise valueRs 1,004 Cr
Price to book0.45x
Price to sales0.50x
EV / sales1.41x
Earnings yield-55.51%
P/E, 3-year average24.96x
P/B, 3-year average2.60x
P/E, 5-year average24.96x
P/B, 5-year average2.60x
Profitability
Operating margin (excl. other income)12.57%
Operating margin (incl. other income)13.28%
EBITDA margin-20.70%
Pre-tax margin-33.53%
Net profit margin-27.56%
Net margin, latest quarter-28.52%
ROE7.81%
ROCE11.40%
ROA3.30%
ROE, 3-year average23.24%
ROCE, 3-year average23.35%
ROA, 3-year average9.11%
ROE, 5-year average24.18%
ROCE, 5-year average23.97%
ROA, 5-year average8.81%
ROIC (approx.)-8.63%
Tax rate27.23%
Other income / net worth1.12%
Growth
Sales growth (latest year)-16.04%
Profit growth (latest year)-52.04%
Sales CAGR, 3 years16.35%
Sales CAGR, 5 years27.16%
Profit CAGR, 3 years9.32%
Profit CAGR, 5 years35.86%
Sales growth QoQ35.68%
Sales growth YoY (latest quarter)-50.12%
Profit growth YoY (latest quarter)-660.91%
Per share
EPS (TTM)Rs -15.76
EPS (latest year)Rs 4.70
EPS (latest quarter)Rs -3.15
EPS, 3-year averageRs 8.07
EPS, 5-year averageRs 9.38
Book value per shareRs 62.52
Sales per shareRs 57.18
Cash flow per shareRs -16.60
Free cash flow per shareRs 8.50
Efficiency
Asset turnover0.62x
Fixed asset turnover5.36x
Inventory turnover1.23x
Inventory days298 days
Debtor days217 days
Debtors turnover1.68x
Creditor days537 days
Cash conversion cycle530 days
Working capital days149 days
Leverage
Total debtRs 707 Cr
Cash and bankRs 57 Cr
Net debtRs 650 Cr
Debt to equity0.91x
Interest coverage-2.44x
Owners' fund to total sources38.78%
Debt to assets35.19%
Cash flow
Cash from Operating Activity (latest year)Rs -207 Cr
Cash from Investing Activity (latest year)Rs -85 Cr
Cash from Financing Activity (latest year)Rs 244 Cr
Net Cash Flow (latest year)Rs -48 Cr
Free cash flow (latest year)Rs 106 Cr
FCFE (approx.: FCF + change in debt)Rs 418 Cr
Cash from ops / profit, 5 years-2.35x
Statement figures
Net sales (TTM)Rs 713 Cr
Net sales (latest year)Rs 1,237 Cr
Sales (latest quarter)Rs 138 Cr
Operating profit excl. other income (latest year)Rs 156 Cr
Operating profit (latest quarter)Rs -34 Cr
Other income (TTM)Rs 1 Cr
EBITDA (TTM)Rs -148 Cr
PBDT (TTM)Rs -217 Cr
Profit before tax (TTM)Rs -239 Cr
Tax (latest year)Rs 22 Cr
Net profit (TTM)Rs -196 Cr
Net profit (latest year)Rs 59 Cr
Net profit (latest quarter)Rs -39 Cr
Depreciation (TTM)Rs 22 Cr
Depreciation (latest quarter)Rs 5 Cr
Interest (TTM)Rs 69 Cr
Cost of goods sold (latest year)Rs 979 Cr
Total expenditure (latest year)Rs 1,082 Cr
Total income (latest year)Rs 1,246 Cr
Share capitalRs 125 Cr
ReservesRs 655 Cr
Shareholders' fundsRs 779 Cr
Total assetsRs 2,010 Cr
Net blockRs 231 Cr
Capital work in progressRs 7 Cr
InvestmentsRs 1 Cr
ReceivablesRs 735 Cr
InventoryRs 798 Cr
Other liabilitiesRs 523 Cr
Shares outstanding (crore)12.46
Ownership
Promoter holding38.03% (-29.78 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/B 0.45 is at the 3th percentile (median 6.45).
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.
PeriodVPRPLNifty 50Difference
1 week-13.7%-2.8% -10.9 pts
1 month-13.7%-6.8% -6.9 pts
3 months-0.2%-7.6% +7.4 pts
6 months-4.8%+0.4% -5.2 pts
1 year-70.8%-9.9% -60.8 pts
2 years-87.8%-13.6% -74.2 pts
3 years-83.5%+14.2% -97.7 pts
1 mutual fund schemes hold about ₹17 Cr. Over three months 0 bought more and 0 sold (share counts, price move removed).
FundWeightEst. Cr3m shares
Quant Small Cap Fund0.05%17

Red flags

F-score 2 of 8
explainWeak cash conversion Cash from operations was -196% of net profit over the last 3 years
explainHigh accruals Profit exceeded operating cash by 13% of total assets in 2026
explainReceivables outrunning sales Receivables grew 10% vs sales -16% in 2026
explainShare dilution Share count up 0% in a year, 343% in three
explainDebt up, profit down Borrowings up 79% while net profit fell in 2026
lookInventory outrunning sales Inventory grew 73% vs sales -16% in 2026
lookAuditor change Auditor change 2026-05-30: Vishnu Prakash R Punglia Limited has informed the Exchange regarding Change in Auditors of the company.
lookRegulator order or action Regulator order or action 2026-02-25: Vishnu Prakash R Punglia Limited has informed the Exchange about Action(s) taken or orders passed
lookOn NSE surveillance On NSE surveillance: ASM long-term
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 2026
Sales ₹138 Cr -50.0% vs Jun 2025. Net loss ₹39 Cr.

Activity

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No bulk or block deals on record.
No corporate actions on record.
DateTypeWhat it says
2026-09-30Shareholder meetingProceedings of Annual General Meeting held on September 30, 2026
2026-09-24General UpdatesThe Corrigendum to the Notice of the 13th Annual General Meeting
2026-09-19Credit RatingCredit Rating
2026-09-12Credit RatingCredit Rating
2026-09-08UpdatesBusiness Responsibility and Sustainability Reporting FY 2025-26.
2026-09-08UpdatesAnnual Report FY 2025-26.
2026-09-08UpdatesLetter to Shareholders providing web link to access the Notice of 13th Annual General Meeting and Annual Report for the Financial Year 2025-26.
2026-09-08Shareholder meetingNotice of Annual General Meeting to be held on September 30, 2026
2026-09-07Board meeting outcomeOutcome of Board Meeting held on September 05, 2026.
2026-09-05Board meeting outcomeOutcome of Board Meeting held on September 05, 2026.
2026-08-26Credit RatingCredit Rating
2026-08-19LitigationPendency of Litigation(s)/dispute(s) or the outcome impacting the Company
2026-08-19LitigationPendency of Litigation(s)/dispute(s) or the outcome impacting the Company
2026-08-13Board meeting outcomeVishnu Prakash R Punglia Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.
2026-06-30ResignationResignation of Director/KMP/SMP
2026-06-30Change in ManagementChange in Management
2026-06-15Disclosure under SEBI TakeovManohar Lal Punglia has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substanti...
2026-06-10Credit Rating- OthersCredit Rating- Others
2026-06-02Press ReleaseA press release dated Jun 02, 2026, titled "Vishnu Prakash R Punglia Ltd Navigates One-Time Challenges; Management Confident of Recoveries and Long-Te...
2026-05-30Change in AuditorsChange in Auditors of the company.
2026-05-30Board meeting outcomeVishnu Prakash R Punglia Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
2026-05-14LitigationPendency of Litigation(s)/dispute(s) or the outcome impacting the Company
2026-05-13LitigationPendency of Litigation(s)/dispute(s) or the outcome impacting the Company
2026-05-01Board meeting outcomeOutcome of Board Meeting held on May 01, 2026.
2026-04-08RetirementRetirement
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.
EPS in the scrip is zero (4 trailing quarters)Long Term Additional Surveillance Measure (Long Term ASM): stage 1
Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.Updated 2026-10-03