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    Industrial services

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    Engineering & construction
Vascon Engineers Limited

Vascon Engineers Limited

30.46
INR
+0.14
(+0.46%)
1.25EPS
27.12P/E
7.88BMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
68.99
61.6
41.82
29.82
31.29
29.51
27.11
28.12
32.62
45.92
33.97
47.9
41.62
38.81
Basic EPS, GAAP
-4.86
-14.25
0.6
0.12
0.34
0.39
2.22
-2.27
1.76
4.49
3.05
5.79
2.15
1.25
Free Cash Flow per Basic Share
-12.2
6.35
1.77
0.34
0.12
2.4
1.84
3.67
0.92
2.84
-1.37
-0.61
-5.58
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
0.25
- -
- -
- -
Book Value per Share
72.95
56.16
38.82
37.83
38.36
38.75
41.22
38.39
37.34
41.96
44.33
48.29
49.58
- -
Tangible Book Value per Share
64.86
52.76
36.26
36.23
36.76
37.24
39.72
36.92
36.48
41.21
44.33
48.29
49.58
- -
Basic Weighted Avg Shares
90
101
141
161
169
177
178
180
200
217
219
224
227
227
Sales/Revenue/Turnover
6,239
6,227
5,878
4,812
5,292
5,215
4,829
5,050
6,510
9,979
7,443
10,742
9,451
8,801
Operating Margin (%)
-1.14
-17.77
7.03
1.31
6.2
4.19
2.04
-3.02
1.35
9.33
7.38
8.12
4.82
4.43
Depreciation Expense
188
224
154
156
143
134
150
121
108
119
144
59
59
56
Net Income, GAAP
-439
-1,440
85
20
57
68
396
-408
352
975
669
1,298
489
284
Effective Tax Rate (%)
- -
- -
- -
55.24
7.06
- -
0.21
- -
11.01
3.75
9.5
15.24
24.87
29.78
Profit Margin (%)
-7.04
-23.13
1.44
0.42
1.07
1.31
8.2
-8.08
5.4
9.77
8.99
12.08
5.17
3.23
Working Capital
1,949
270
3,195
4,197
4,075
5,137
5,198
4,530
5,460
6,259
7,278
8,184
9,806
- -
LT Debt
770
256
998
1,326
910
1,402
996
431
224
684
791
1,005
1,671
- -
Total Equity
6,752
5,215
6,388
6,461
6,790
6,996
7,437
7,092
8,241
9,244
9,810
10,928
11,488
- -
Return on Invested Capital (%)
- -
- -
- -
0.14
2.17
- -
0.42
- -
3.5
0.01
5.23
10.98
2.59
- -
Return on Capital (%)
- -
- -
- -
1.82
3.04
- -
5.84
- -
5.73
10.27
6.92
11.6
4.37
- -
Return on Common Equity (%)
-6.4
-24.64
1.49
0.32
0.87
1
5.56
-5.7
4.66
11.32
7.07
12.52
4.36
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
1,326
- -
LT Borrowings
- -
1,664
- -
LT Finance Leases
- -
7
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
229
232
232
Market Capitalization
10,356
6,270
7,880

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
20,115
- -
Cash, Cash Equivalents & STI
- -
1,034
- -
Accounts Receivable, Net
- -
2,383
- -
Inventories
- -
7,365
- -
Total Current Liabilities
- -
10,309
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
1,326
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
6.19%
10.2%
5.12%
Free Cash Flow
270.48%
158.72%
831.48%
Net Income, GAAP
39.45%
-1.76%
-62.33%
Sales/Revenue/Turnover
7.67%
17.82%
-12.02%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
1,962
1,998
2,948
3,871
10,742
2026
2,212
2,256
2,494
2,531
9,451
2027
1,519
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
0.43
0.46
3.38
1.54
5.79
2026
0.99
0.5
0.41
0.25
2.15
2027
0.09
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
2027
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Santosh Sundararajan
Full Time Employees
751
Sector
Industrial services
Industry
Engineering & construction
Address
Vascon Weikfield Chambers Pune MA India 411014
IPO Date
Feb 15, 2010
Website
vascon.com
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Business
Vascon Engineers Limited (NSE:VASCONEQ) Vascon Engineers Limited is an India-based construction engineering company providing engineering, procurement, and construction (EPC) services; real estate development; and manufacturing alongside building management systems. The company constructs residential, commercial and IT, industrial, institutional, hospitals, and hospitality projects; develops residential and industrial properties, hotel premises, IT parks, malls and multiplexes, hospitality and community welfare centres, schools, and hospitals; manufactures clean room partitions; and engages in infrastructure construction such as roads, airports, metros, bridges, and urban projects. Incorporated in 1986 and headquartered in Pune, India, at Vascon Weikfield Chambers, it operates primarily across multiple cities in India including Pune, Mumbai, Coimbatore, Bengaluru, Chennai, and others, with subsidiaries such as GMP Technical Solutions Private Limited, Almet Corporation Limited, Marvel Housing Private Limited, and Marathawada Realtors Private Limited. In recent developments, Vascon Engineers entered into a five-year memorandum of understanding (MoU) with Adani Infra (India) Limited in September 2025 as an execution partner under an early engagement model for selected Mumbai projects totaling approximately 13.15 million square feet, aiming to contribute 30% of its annual turnover through this long-term strategic alliance with annual reviews. The company launched its luxury redevelopment project 'Vascon Orchids' on Linking Road in Santacruz West, Mumbai, in March 2025, marking its foray into the Mumbai residential market with a gross development value of Rs 300 crore, and secured a Rs 161 crore contract for a Mumbai redevelopment project in October 2025. Vascon also targets doubling its growth by fiscal year 2026-27 across EPC and real estate verticals, supported by a strong project pipeline including ongoing developments like Tulip Phase 3 in Coimbatore, Forest Edge and Forest County in Kharadi, Pune, and a Santacruz redevelopment project.