VASCONEQ · Vascon Engineers Ltd · Construction Services
VASCONEQ · Vascon Engineers Ltd · Construction Services
As of 06 Nov close
52-week range
55.6% below 52-week high
52-week range: as of 06 Nov 2026 close.
Price chartDaily closes on the stock page.
Weighted combination of 8 measured readings. Not a probability, a rating or a forecast.
Full signal detail →Fundamentals as of 15 Sep 2026 · the company's own latest record is 53 days old
Revenue (latest Q)
₹152 Cr
Revenue YoY
PAT YoY
-91.0%
Operating margin
Revenue, last 8 quarters
P/E (TTM)
P/B
0.6
P/S (TTM)
0.9
Sector P/E
10.8
Dividend yield
0.0%
| Company | P/E | P/B | Net margin | ROE | D/E | Div. yield |
|---|---|---|---|---|---|---|
| VASCONEQ (this stock) | 27.2 | 0.6 | +3.2% | +2.5% | 0.26 | 0.0% |
| DLF | 34.5 | 3.5 | +65.8% | +9.8% | 0.01 | +1.2% |
| Lodha Developers | 23.1 | 4.6 | +22.7% | +17.7% | 0.42 | +0.4% |
| Indus Towers | 14.4 | 2.4 | +21.8% | +17.3% | 0.52 | +3.6% |
Promoter
stable
FII
falling 1q
MF
0.37% (+0.32pp)
rising 1q
Insider trades
| Date | Insider | Type | Qty | Value |
|---|---|---|---|---|
| 25 Jun 2026 | Leena Pravin Upadhye | SELL | 44,534 | ₹13.87 lakh |
| 25 Jun 2026 | Leena Pravin Upadhye | SELL | 44,534 | ₹13.87 lakh |
| 19 Jun 2026 | Sanjay Damodar Muttepawar | SELL | 1,54,709 | ₹54.39 lakh |
| 11 Jun 2026 | Vaibhav Arun Babhale | SELL | 34,000 | ₹11.05 lakh |
| 11 Jun 2026 | SUMITRA ASHISH JOSHI | SELL | 92,778 | ₹31.78 lakh |
| 11 Jun 2026 | Navin Hari Singh Thakur | SELL | 62,778 | ₹21.72 lakh |
| 11 Jun 2026 | Megha Puranik | SELL | 33,427 | ₹11.02 lakh |
| 03 Jun 2026 | SACHIN VASANT NAIK | SELL | 50,681 | ₹16.13 lakh |
| 29 May 2026 | SACHIN VASANT NAIK | SELL | 77,897 | ₹26.45 lakh |
| 20 May 2026 | SACHIN VASANT NAIK | SELL | 66,157 | ₹22.6 lakh |
| 20 May 2026 | SACHIN VASANT NAIK | SELL | 66,157 | ₹22.6 lakh |
Bulk/block deals
No bulk/block deals in the last 12 months.
News timeline
No related news.
Concalls & investor presentations
AI-generatedKey takeaway: Vascon Engineers Limited conducted an analyst meet on August 14, 2026, to discuss its unaudited financial results for Q1 FY27. Management highlighted key priorities, including accelerating project execution, strengthening the order book, and improving cash flow efficiency. The total EPC order book stood at approximately INR2,850 crores, with a focus on securing large government projects. Management reported a decline in consolidated revenue to INR152 crores, primarily due to lower EPC execution, and a profit after tax of INR2 crores. The real estate segment showed early traction with INR66 crores in booking value for Q1 FY27. Management set a goal of achieving INR1,200 crores in revenue for FY27, despite challenges in the first quarter. The company emphasized its commitment to maintaining financial discipline and improving liquidity as it progresses through the fiscal year.
Management reported both challenges and early signs of improvement in various segments.
Sourced from an exchange-filed transcript, dated 19 Aug 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: The investor presentation by Vascon Engineers Limited, dated August 12, 2026, provided an update following a board meeting. It reported a net debt of Rs 152 crore and a total order book of Rs 2,850 crore, which is three times the FY26 EPC revenues. The presentation highlighted that approximately 77% of the order book comprises government projects, enhancing cash flow visibility. New orders included Rs 295 crore from CPWD for the construction of RBI Colony in Guwahati. Management set a goal to secure Rs 1,500–2,000 crore in new EPC orders for FY27. The presentation also detailed the company's financial performance, noting a decline in revenue for Q1FY27 compared to the previous year, attributed to cash flow constraints in major government projects. The document emphasized the company's strategic focus on execution excellence and financial discipline to drive growth.
The presentation highlighted both achievements and challenges in financial performance.
Sourced from an exchange-filed presentation, dated 12 Aug 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: Vascon Engineers Limited conducted an Analyst Meet with investors and analysts on May 13, 2026, to discuss the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The transcript of this meeting is available on the company's website for public access. The communication was addressed to both the National Stock Exchange of India and BSE Limited, ensuring compliance with SEBI regulations regarding disclosure requirements.
The document provided factual information regarding the analyst meet and financial results without emphasizing growth or challenges.
Sourced from an exchange-filed transcript, dated 19 May 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: The investor presentation by Vascon Engineers Limited, dated May 12, 2026, provided an update following a board meeting. The document reported a total order book of Rs 2,717 crore, with a significant portion attributed to government projects, which constituted approximately 79% of new orders. Management highlighted a net debt of Rs 91 crore as of March 31, 2026, and emphasized the importance of banking and credit support in strengthening relationships with financial institutions. The presentation outlined strategic goals, including securing Rs 1,500–2,000 crore in new EPC orders for FY27 and expediting project execution to enhance revenue. The financial overview indicated a decline in revenue for FY26 compared to FY25, attributed to cash flow constraints in major government projects. The document also detailed ongoing and upcoming real estate projects, showcasing the company's focus on mid-market residential developments.
The presentation included both positive developments and challenges faced by the company.
Sourced from an exchange-filed presentation, dated 12 May 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: Vascon Engineers Limited conducted an Analyst Meet on February 11, 2026, to discuss its unaudited financial results for the quarter and nine months ended December 31, 2025. Management highlighted that EPC revenues were lower due to election-related delays in Bihar and project approval holdups. The real estate segment did not recognize revenue as no projects were completed during the quarter. Cumulative revenue growth for nine months FY 2026 was muted at around 1%. Management outlined strategic priorities focusing on improving execution efficiency and expanding the project pipeline. The company reported a consolidated total income of Rs. 254 crores for Q3 FY 2026, a decline of approximately 15% year-on-year. Profit after tax fell to Rs. 9 crores, down 88% from the previous year, primarily due to an exceptional gain in Q3 FY 2025. Management expressed confidence in overcoming current challenges and enhancing long-term value for stakeholders.
Management acknowledged challenges while expressing confidence in future performance.
Sourced from an exchange-filed transcript, dated 16 Feb 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: The investor presentation by Vascon Engineers Limited, dated February 9, 2026, provided an update following a board meeting. It highlighted key business metrics for the first nine months of FY26, including a total order book of Rs 2,825 crore, with a significant portion from government projects. The company reported new orders amounting to Rs 646 crore and emphasized its strategic goals, such as securing Rs 1,500–2,000 crore in new EPC orders for FY26. The presentation also detailed the company's debt position, showing a net debt of Rs 73 crore as of December 31, 2025. Financial performance indicators included a total income of Rs 724.91 crore for 9M FY26, with an EBITDA margin of 10%. The document concluded with an overview of ongoing and upcoming projects, reinforcing the company's commitment to growth and execution excellence.
The presentation provided a balanced overview of business performance and strategic goals without strong emphasis on positive or negative aspects.
Sourced from an exchange-filed presentation, dated 09 Feb 2026. Summary is RedixFi-generated and distinct from investment advice.
AI Summary of Annual Report
AI-generatedVascon Engineers Limited (VASCONEQ) reported a significant increase in standalone sales and profit after tax for FY2023 compared to FY2022. Standalone sales rose to Rs. 76,747.47 lakhs from Rs. 46,264.58 lakhs, while profit after tax increased to Rs. 8,662.70 lakhs from Rs. 3,349.00 lakhs. Consolidated turnover grew by 55.19% to Rs. 1,01,938.23 lakhs. The company received several awards for safety and industry contributions. The Board of Directors appointed a new Independent Director and reappointed the Managing Director. A corporate insolvency resolution process (CIRP) petition was filed by an operational creditor but was later withdrawn after a mutual settlement. The auditor highlighted revenue recognition as a key audit matter due to significant judgments in contract assessments and cost estimates. The company has disputes pending with tax authorities, including sales tax and value-added tax, but no defaults in loan repayments or interest payments were reported. The auditor expressed an unqualified opinion on the financial statements and internal controls.
- Standalone sales and profit after tax increased significantly in FY2023 compared to FY2022.
- Consolidated turnover grew by 55.19% to Rs. 1,01,938.23 lakhs.
- The company received multiple awards for safety and industry contributions.
- A CIRP petition was filed by an operational creditor but was withdrawn after a mutual settlement.
- The auditor identified revenue recognition as a key audit matter due to significant judgments in contract assessments and cost estimates.
Key takeaway: Vascon Engineers Limited demonstrated strong financial performance in FY2023 with significant growth in sales and profits, but faces ongoing tax disputes and has a key audit matter related to revenue recognition.
The following annual report excerpts provide qualitative strategic context. Do not treat any specific financial figures in these excerpts as authoritative — they may be incorrectly labeled due to PDF table extraction limitations. For precise financial data, refer to the structured fundamentals data above.
Governance disclosures
AI-generatedNeeds attention
Regulatory Action (1 item); Default / Covenant Breach (1 item)
Items of these kinds are disclosed in the filings. This is a count of disclosed items. It is not a finding about the company and its cause has not been independently established.
Regulatory Action
1 occurrenceRecent (last 12 months)
BSE Limited levied a penalty of ₹1,40,000 on the company for non-compliance with the constitution of the nomination and remuneration committee under SEBI Listing Regulations. The company applied for a waiver, claiming compliance with the regulation.
Default / Covenant Breach
1 occurrenceOlder (3+ years ago)
VASCON ENGINEERS LIMITED faced a Corporate Insolvency Resolution Process (CIRP) initiated by M/s Newage Fire Fighting Company Limited under the Insolvency And Bankruptcy Code, 2016.
Routine disclosures
Internal Control Weakness
1 occurrenceRecent (last 12 months)
The auditor identified a material weakness in the company's internal controls over financial reporting.
Contingent Liability
2 occurrencesRecent (last 12 months)
The company has restrictions on the realisability and disposal of certain investment properties, and refers to Note 30 - Contingent Liabilities (iv) for further details.
Older (3+ years ago)
The company has contingent liabilities including disputed income tax demands, VAT and other disputes, performance and financial guarantees, corporate guarantees for other entities, and claims from creditors, labour suppliers, and customers. Specific amounts include ₹100.67 lakhs from creditors, ₹3.95 lakhs from a labour supplier, and arbitration proceedings by a customer over losses related to construction materials and work defects.
Related-Party Transaction
2 occurrencesRecent (last 12 months)
The company approved Material Related Party Transactions with Vascon Developers LLP, subject to approvals from the Audit Committee and Board of Directors.
Older (3+ years ago)
The company has disclosed related party transactions involving sales and work with entities such as Phoenix Ventures, Cosmos Premises Private Limited, Ajanta Enterprises, and others, with amounts specified in lakhs as of March 31, 2023 and 2022.
Statutory dues in dispute
1 occurrenceRecent (last 12 months)
The company has disputed income tax, GST, and sales tax dues as of March 31, 2026, with pending disputes in various forums for periods from 2010-2011 to 2023-2024, and amounts unpaid under these statutes.
Management & Board Governance
1 occurrenceRecent (last 12 months)
The company's management disclosed instances of significant fraud to the auditors and audit committee, though the involvement of management or employees in the fraud is noted as 'NA'.
Promoter Share Pledge
1 occurrenceRecent (last 12 months)
6.32% of promoter holding pledged (quarter 2026-Q3 as of 2026-07-18).