MarketFriction

V R Infraspace Ltd

NSE VR · Residential, Commercial Projects
₹95.95 +0.47%
NSE close2026-09-30
52 week range95.50 - 216.95
Market cap₹84.8 Cr.
P/E21.6
IPO 2024 · +13% since Price band 5% Delivery 100.0%

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

Consolidated, Rs crore
Mar 2023Sep 2023Mar 2024Sep 2024Mar 2025Sep 2025Mar 2026
Sales9.187.2711.7413.1418.5118.7755.67
Expenses7.726.169.3010.9515.6515.4747.72
Operating Profit1.461.112.442.192.863.307.95
OPM %15.90%15.27%20.78%16.67%15.45%17.58%14.28%
Other Income0.130.250.010.231.100.101.99
Interest0.360.120.310.082.021.163.95
Depreciation0.010.010.010.020.020.020.08
Profit before tax1.221.232.132.321.922.225.91
Tax %6.56%25.20%31.92%28.02%30.73%26.58%27.75%
Net Profit1.231.041.611.681.341.634.27
EPS in Rs1.881.601.531.021.241.303.12
Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Sales12.7813.0518.0418.6931.4274.14
Expenses9.6810.9215.1215.1226.3562.88
Operating Profit3.102.132.923.575.0711.26
OPM %24.26%16.32%16.19%19.10%16.14%15.19%
Other Income0.070.130.450.321.312.08
Interest2.351.460.720.432.105.11
Depreciation0.020.030.020.020.040.11
Profit before tax0.800.772.633.444.248.12
Tax %15.00%19.48%6.46%28.78%29.25%27.34%
Net Profit0.720.802.462.643.025.91
EPS in Rs1.111.233.782.692.264.41
Dividend Payout %0.00%0.00%0.00%11.15%0.00%0.00%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth%42%60%136%
Compounded Profit Growth%40%17%94%
Stock Price CAGR%%%-50%
Return on Equity%10%8%10%
Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital6.486.486.488.888.888.88
Reserves2.223.015.2725.6627.4131.33
Borrowings16.7610.389.725.4917.2031.71
Other Liabilities29.3329.347.0749.8048.2940.56
Total Liabilities54.7949.2128.5489.83101.78112.48
Fixed Assets0.040.060.030.050.229.66
CWIP0.000.000.000.000.000.00
Investments4.094.264.400.520.460.46
Other Assets50.6644.8924.1189.26101.10102.36
Total Assets54.7949.2128.5489.83101.78112.48
Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity4.126.281.64-2.97-27.13-1.77
Cash from Investing Activity2.48-0.17-0.26-3.851.01-7.68
Cash from Financing Activity-4.12-9.29-1.2327.039.359.94
Net Cash Flow2.48-3.170.1520.22-16.780.50
Free Cash Flow4.106.241.64-3.01-27.33-11.32
CFO/OP137%302%62%-63%-506%-1%
Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days622.61650.57190.80136.70243.14154.14
Inventory Days4,209.671,404.27338.131,727.09483.76
Days Payable679.46468.79182.05953.63227.27
Cash Conversion Cycle4,152.821,586.05346.88136.701,016.60410.64
Working Capital Days314.16194.11324.53430.42616.62292.19
ROCE %9.84%16.10%11.22%12.44%19.20%
Mar 2024Sep 2024Mar 2025Sep 2025Mar 2026
Promoters72.97%72.97%72.97%72.97%72.97%
Public27.03%27.03%27.03%27.03%27.03%
No. of Shareholders340283326350352

Fundamentals

Market Cap₹ 84.8 Cr.
Current Price₹ 95.5
Stock P/E21.6
Book Value₹ 45.3
ROCE19.2 %
ROE10.2 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)136%
Compounded Profit Growth (TTM)94%
Consolidated figures.
Valuation
Market capRs 62 Cr
Enterprise valueRs 72 Cr
P/E (TTM)77.72x
Price to book6.55x
Price to sales4.76x
EV / EBITDA31.81x
EV / EBIT32.24x
EV / sales5.51x
Price to cash flow9.90x
Earnings yield1.29%
Profitability
Operating margin (excl. other income)16.32%
Operating margin (incl. other income)17.32%
EBITDA margin17.32%
Pre-tax margin5.90%
Net profit margin6.13%
ROE8.80%
ROCE9.84%
ROA1.54%
ROIC (approx.)9.35%
Tax rate19.48%
Other income / net worth1.37%
Growth
Sales growth (latest year)2.11%
Profit growth (latest year)11.11%
Per share
EPS (TTM)Rs 1.23
EPS (latest year)Rs 1.23
Book value per shareRs 14.65
Sales per shareRs 20.14
Cash flow per shareRs 9.69
Free cash flow per shareRs -17.47
Efficiency
Asset turnover0.27x
Fixed asset turnover217.50x
Inventory turnover0.28x
Inventory days1284 days
Debtor days651 days
Debtors turnover0.56x
Creditor days227 days
Cash conversion cycle411 days
Working capital days292 days
Leverage
Total debtRs 10 Cr
Cash and bankRs 1 Cr
Net debtRs 10 Cr
Debt to equity1.09x
Net debt / EBITDA4.30x
Interest coverage1.53x
Owners' fund to total sources19.28%
Debt to assets21.09%
Cash flow
Cash from Operating Activity (latest year)Rs 6 Cr
Cash from Investing Activity (latest year)Rs -0 Cr
Cash from Financing Activity (latest year)Rs -9 Cr
Net Cash Flow (latest year)Rs -3 Cr
Free cash flow (latest year)Rs -11 Cr
FCFE (approx.: FCF + change in debt)Rs -18 Cr
Cash from ops / profit, 5 years-1.61x
Sales to cash flow2.08x
Statement figures
Net sales (TTM)Rs 13 Cr
Net sales (latest year)Rs 13 Cr
Operating profit excl. other income (latest year)Rs 2 Cr
Other income (TTM)Rs 0 Cr
EBITDA (TTM)Rs 2 Cr
PBDT (TTM)Rs 1 Cr
Profit before tax (TTM)Rs 1 Cr
Tax (latest year)Rs 0 Cr
Net profit (TTM)Rs 1 Cr
Net profit (latest year)Rs 1 Cr
Depreciation (TTM)Rs 0 Cr
Interest (TTM)Rs 1 Cr
Cost of goods sold (latest year)Rs 6 Cr
Total expenditure (latest year)Rs 11 Cr
Total income (latest year)Rs 13 Cr
Share capitalRs 6 Cr
ReservesRs 3 Cr
Shareholders' fundsRs 9 Cr
Total assetsRs 49 Cr
Net blockRs 0 Cr
InvestmentsRs 4 Cr
ReceivablesRs 23 Cr
InventoryRs 20 Cr
Other liabilitiesRs 29 Cr
Shares outstanding (crore)0.65
Ownership
Promoter holding72.97% (+0.00 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
Not enough history to build valuation bands (needs two years of profits and prices).
PeriodVRNifty 50Difference
1 week-9.3%-2.8% -6.5 pts
1 month-33.7%-6.8% -26.9 pts
3 months-33.3%-7.6% -25.7 pts
6 months-54.3%+0.4% -54.7 pts
1 year-67.6%-9.9% -57.7 pts

Red flags

F-score 7 of 8
No red flags in the latest statements and filings.
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

Mar 2026
Sales ₹56 Cr +374.2% vs Mar 2024. Net profit ₹4 Cr +165.2%.
Against our estimate for Mar 2026: sales +100.2%, profit +43.0% big beat.

Activity

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No bulk or block deals on record.
No corporate actions on record.
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.
Less than 100 unique PAN traded in previous 30 daysSME scrip is not regularly traded

Quick answers

What is the market cap of V R Infraspace Ltd?

V R Infraspace Ltd (VR) has a market capitalisation of Rs 84.8 Cr. at the 2026-09-30 close.

What is the P/E ratio of V R Infraspace Ltd?

V R Infraspace Ltd trades at a P/E of 21.6 on trailing twelve-month profit, at the 2026-09-30 close.

What were V R Infraspace Ltd's latest quarterly results?

In the Mar 2026 quarter, V R Infraspace Ltd sales was Rs 56 Cr (+374.2% vs Mar 2024) and net profit was Rs 4 Cr.

What is the 52-week high and low of V R Infraspace Ltd?

The 52-week high is Rs 216.95 and the 52-week low is Rs 95.50.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03