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Vascon Engineers Ltd

₹ 47.5-0.17%
07 Jan – close price
🔗vascon.com•BSE: 533156•NSE: VASCONEQ
Market Cap₹ 1,088 Cr.
Current Price₹ 47.5
High / Low₹ 74.6
Stock P/E13.2
Book Value₹ 48.3
Dividend Yield0.00 %
ROCE7.82 %
ROE6.34 %
Face Value₹ 10.0
Sales₹ 1,126 Cr.
OPM7.62 %
Mar Cap₹ 1,088 Cr.

ABOUT

Incorporated in 1986, Vascon EngineersLtd is a is a Pune-based player, engaged in engineering, procurement and construction (EPC), real estate construction and development[1]

KEY POINTS

Landmark Projects[1]Company has executed 200+ projects with a construction area of over 45 mn Sq ft. Some of the Landmark projects are Ruby Mills (Mumbai), Suzlon One Earth (Pune), Symbiosis College (Pune), IGI Airport Multilevel Car Parking (New Delhi), and it also received its 1st redevelopment project in Mumbai

Also present in buckets:
Aggressive Growth TriggersExcellent ResultsRevenue GuidanceAsset Base ExpansionCapacity Expansion And ProductsOrder Book PositionLarge Order ReceiptsJv Partnerships AcquisitionsRevenue Guidance Vs ActualsCredit Rating UpdatesRed Flags And Poor Performance

Peer Comparision

S.No.NameCurrent Price (Rs.)Price to EarningMarket Capitalization (Rs.Cr.)Dividend yield (%)Net Profit latest quarter (Rs.Cr.)YOY Quarterly profit growth (%)Sales latest quarter (Rs.Cr.)YOY Quarterly sales growth (%)Return on capital employed (%)Sales (Rs.Cr.)OPM (%)Profit after tax (Rs.Cr.)Profit after tax latest quarter (Rs.Cr.)Price to book valueReturn on assets (%)Debt to equity
1.DLF703.2545.12174137.940.851180.09-27.081643.04-16.816.519016.0322.473859.741007.104.057.300.04
2.Lodha Developers1110.9033.34110990.740.38789.8086.503798.5044.6715.6215597.5029.613329.50788.705.215.700.45
3.Prestige Estates1619.5091.0869720.910.11457.40123.882431.705.527.667921.9036.60765.50430.304.411.150.92
4.Phoenix Mills1942.6064.9369468.830.13384.0939.381115.4321.5110.754059.8957.731069.86303.996.446.110.46
5.Godrej Propert.2138.2041.5964455.440.00402.9920.84740.38-32.286.574265.55-18.341549.83405.083.522.670.89
6.Oberoi Realty1708.7027.8162098.130.47760.2628.981779.0434.7917.735327.8156.592233.06760.263.7110.230.18
7.Brigade Enterpr.886.9027.2721688.210.28170.2836.581383.3729.0313.345588.8426.50795.44162.503.353.390.83
8.Vascon Engineers47.5413.241088.450.0011.6248.03225.3912.707.821125.727.6282.1811.620.983.420.19
–Median: 96 Co.166.4133.7858.240.04.27.344.199.847.61164.1316.911.183.32.992.390.44

Quarterly Results

Standalone figures in ₹ crores

Dec 2022Dec 2023Dec 2024Jun 2023Jun 2024Jun 2025Mar 2023Mar 2024Mar 2025Sep 2022Sep 2023Sep 2024Sep 2025
Sales
198205294149196221248235385180175200225
Expenses
184185275137181209205214347157152186210
Operating Profit
15202012151242203823231416
Other Income
227932213653124
Profit before tax
13169211122741213622201016
Tax %
0%0%17%0%25%17%0%30%5%0%0%20%25%
Net Profit
131676119224115342220812
EPS in Rs
0.610.733.360.490.390.971.910.671.521.000.910.350.51

Profit & Loss

Standalone Figures in ₹ Crores / Yearly

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales
3312953212403353633663574637677631,0751,126
Expenses
3414122992403203473203734556746879871,040
Operating Profit
-10-11722-0151746-16794768886
Other Income
141434442429171154101287108
Interest
38284028202317252211142017
Depreciation
111187889756666
Profit before tax
-45-14288111438-37348768150170
Net Profit
-45-14586111538-37338761127144
EPS in Rs
-2.87-9.210.490.370.650.852.14-2.021.543.992.785.626.36
Dividend Payout %
0%0%0%0%0%0%0%0%0%6%9%0%–

Compounded Profit Growth

10 Years:9%
5 Years:12%
3 Years:95%
TTM:73%

Compounded Sales Growth

10 Years:14%
5 Years:24%
3 Years:32%
TTM:35%

Return on Equity

10 Years:3%
5 Years:4%
3 Years:8%
Last Year:6%

Stock Price CAGR

10 Years:4%
5 Years:26%
3 Years:12%
1 Year:-12%

Balance Sheet

Standalone figures in ₹ crores

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Equity Capital
9090161168174178178182217217221226
Reserves
534393435445478504548512588677737866
Borrowings
305297241234244240237198139134153206
Other Liabilities
315333310297298317309348428491567827
Total Liabilities
1,2451,1141,1471,1441,1941,2401,2731,2401,3711,5191,6782,126
Fixed Assets
466234575553484142706374
Gross Block
8711284116120124133132134166164177
Accumulated Depreciation
42505058657286919296101103
CWIP
120010000000
Investments
2022092281721761731881721811358985
Other Assets
9968408859149621,0141,0371,0271,1481,3151,5261,966
Total Assets
1,2451,1141,1471,1441,1941,2401,2731,2401,3711,5191,6782,126

Cash Flows

Standalone Figures in ₹ Crores / Yearly

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity
-895717499324550284-16-2
Cash from Investing Activity
-411-15-5-0-211611-31-1275
Cash from Financing Activity
99-52-24-33-13-14-39-66-19-23-127
Net Cash Flow
66-61-1018-150-630-29100

Ratios

Standalone Figures in ₹ Crores / Yearly

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days
22118118418114215312911785718572
Inventory Days
––335838666651667521412260299237
Days Payable
––224250226226253254240199213192
Cash Conversion Cycle
221181295769583578543384256132172117
Working Capital Days
114-99105519374439424367331250300199
ROCE %
-1%-13%4%4%3%4%6%-2%1%10%8%8%

Shareholding Pattern

Numbers in percentages

Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025
Promoters
32.20%32.20%32.20%32.20%31.62%31.62%31.27%31.27%30.93%31.11%31.11%31.11%
FIIs
0.40%0.22%0.51%0.90%0.11%0.89%0.40%0.55%0.54%0.72%0.50%1.89%
DIIs
0.00%0.00%0.11%0.09%0.14%0.14%0.37%0.00%0.00%0.00%0.00%0.00%
Public
67.41%67.56%67.18%66.80%68.12%67.34%67.96%68.19%68.53%68.17%68.40%66.99%

* The classifications might have changed from Sep'2022 onwards.ℹ️

BSE Announcements AI Summary

Direct from BSE filings, auto-summarised

Vascon Engineers Files SEBI Compliance Certificate for Q4 FY26

16th April 2026, 5:03 pm

Vascon Engineers Board Meeting on April 17 to Discuss Fundraising and Borrowing Limits

13th April 2026, 11:22 pm

Vascon Engineers Acquires 100% Stake in Kanchi Properties, Making it a Wholly Owned Subsidiary

31st March 2026, 9:16 pm

Vascon Engineers Announces Trading Window Closure for Financial Results

25th March 2026, 5:46 pm

Vascon Engineers Allots 30.3 Lakh Shares Under ESOS-2020, Boosts Paid-Up Capital

20th March 2026, 6:39 pm

Published by Other Websites

External media mentions & references

Balaji Amines Supply Shock, Zydus Tech, Kalpataru Project Move Stocks

13th March 2026, 7:18 am

Vascon Engineers Secures ₹116 Cr Ahmedabad Contract, Order Book Swells

12th March 2026, 6:15 pm

Oil Surge, Rupee Crash Send Sensex, Nifty Plunging; 360+ Stocks Hit 52-Week Lows

12th March 2026, 4:16 pm

Omnitech Bags ₹920 Cr Deal; Firms Announce ₹2,000 Cr Orders

12th March 2026, 7:35 am

Wipro, Motherson, KEC Win Big: March 12 Stocks in Focus

12th March 2026, 4:04 am

News Articles

Editorial & research coverage

Indian Market Flat As Rupee Hits Record Low! Banking & IT Stocks Save the Day?
Indian Market Flat As Rupee Hits Record Low! Banking & IT Stocks Save the Day?

15th December 2025, 3:53 pm

Vascon Engineers: Order Book Surges, But PAT Dives Amid Real Estate Woes
Vascon Engineers: Order Book Surges, But PAT Dives Amid Real Estate Woes

Documents

Announcements

Closure of Trading Window

26 Dec - Trading window closed Jan 1, 2026 until 48 hours after Q3/9M results for period ended Dec 31, 2025.

Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS

15 Dec - Allotment of ESOPs under Employee Stock Exchange Scheme- 2020 approved through circular resolution

Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order

15 Dec - Received Rs.260.09 crore EPC order to construct Navi Mumbai Super Specialty Hospital; 36-month completion.

Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
Disclosures under Reg. 31(1) and 31(2) of SEBI (SAST) Regulations, 2011.

Annual Reports

Financial Year 2025

(from bse)

Financial Year 2024

(from bse)

Financial Year 2023

(from bse)

Financial Year 2022

(from bse)

Financial Year 2021

(from bse)

Financial Year 2020

(from bse)

Financial Year 2019

(from bse)

Financial Year 2018

(from bse)

Financial Year 2017

(from bse)

Financial Year 2016

(from bse)

Financial Year 2015

(from bse)

Financial Year 2014

(from bse)

Financial Year 2013

(from bse)

Financial Year 2013

(from nse)

Financial Year 2012

(from bse)

Credit Ratings

Rating update

29 Oct 2025 from crisil

Rating update

21 Oct 2024 from crisil

Rating update

26 Jul 2024 from crisil

Rating update

5 Jul 2024 from crisil

Rating update

9 Nov 2023 from smera

Rating update

25 Jul 2023 from crisil

Concalls

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Stock Analysis

Description

Vascon Engineers Ltd is a Pune-based player, engaged in engineering, procurement and construction (EPC), real estate construction and development.

Key Growth Triggers

  1. Vascon Engineers reported a strong total order book of ₹2,902 Cr in Q1 FY26, providing significant revenue visibility.
  2. The company secured new orders, including a ₹225 Cr order in Q1 FY26 and a ₹161.18 Cr project from MSEB Holding Company for building redevelopment.
  3. A strategic five-year Memorandum of Understanding (MOU) with Adani Infra (India) Limited aims to contribute up to 30% of annual turnover.
  4. Management targets a 20% annual EPC revenue growth.

Order Book

As of H1 FY26: Order Book ₹2,800 Cr.

Key Red Flags

  1. An ongoing dispute related to the divestment of Almet Corporation Limited remains pending.
  2. The company reported negative cash flow from operations in H1 FY26.

Key Dates To Watch

Currently no data available for Key Dates To Watch.

Corporate Announcements

16th Apr 26
Impact Rating: 2
Vascon Engineers Ltd. has submitted its quarterly compliance certificate under SEBI Regulation 74(5) for the period ending March 31, 2026. The filing, received from its registrar KFin Technologies, confirms data submission to stock exchanges.
13th Apr 26
Impact Rating: 7
Vascon Engineers announced a board meeting for April 17, 2026, to consider proposals on raising funds via security issuance and increasing the company's borrowing limits.
31st Mar 26
Impact Rating: 8
Vascon Engineers Limited has acquired a 100% stake in Kanchi Properties Private Limited, making it a wholly owned subsidiary. The deal, costing Rs. 1,02,000, is a related party transaction and Kanchi's FY25 turnover was Rs. 27,24,000.
25th Mar 26
Impact Rating: 6
Vascon Engineers Limited has decided to close its trading window for designated persons and their relatives from April 1, 2026. This restriction will remain until 48 hours after the declaration of audited financial results for the fourth quarter and year ended March 31, 2026.
20th Mar 26
Impact Rating: 7
Vascon Engineers' Board approved the allotment of 30,30,000 equity shares of ₹10 face value under ESOS-2020. This will increase paid-up capital by ₹3.03 crore, with prior exchange approval secured.