Vruddhi Engineering Works Ltd
Incorporated in 2020, Vruddhi Engineering
Works Ltd provides mechanical splicing solutions to the real estate, construction, and infrastructure industry[1]
- Market Cap ₹ 57.3 Cr.
- Current Price ₹ 227
- High / Low ₹ 345 / 130
- Stock P/E 38.4
- Book Value ₹ 33.5
- Dividend Yield 0.00 %
- ROCE 25.8 %
- ROE 26.7 %
- Face Value ₹ 10.0
Pros
- Company has a good return on equity (ROE) track record: 3 Years ROE 30.9%
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Industrials Capital Goods Industrial Manufacturing Industrial Products
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| 0.00 | 2.21 | 13.07 | 21.82 | 31.80 | |
| 0.01 | 2.07 | 11.72 | 20.56 | 28.79 | |
| Operating Profit | -0.01 | 0.14 | 1.35 | 1.26 | 3.01 |
| OPM % | 6.33% | 10.33% | 5.77% | 9.47% | |
| 0.00 | 0.00 | 0.02 | 0.35 | 0.03 | |
| Interest | 0.00 | 0.00 | 0.14 | 0.41 | 0.36 |
| Depreciation | 0.00 | 0.02 | 0.22 | 0.41 | 0.64 |
| Profit before tax | -0.01 | 0.12 | 1.01 | 0.79 | 2.04 |
| Tax % | 0.00% | 25.00% | 25.74% | 27.85% | 26.96% |
| -0.01 | 0.09 | 0.75 | 0.57 | 1.49 | |
| EPS in Rs | -10.00 | 90.00 | 118.48 | 3.09 | 5.90 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 143% |
| TTM: | 46% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 155% |
| TTM: | 161% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -28% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 31% |
| Last Year: | 27% |
Balance Sheet
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Equity Capital | 0.01 | 0.01 | 0.06 | 1.84 | 2.52 |
| Reserves | -0.01 | 0.09 | 2.06 | 0.85 | 5.93 |
| 0.02 | 0.48 | 3.24 | 2.90 | 4.56 | |
| 0.01 | 0.42 | 2.47 | 5.90 | 3.25 | |
| Total Liabilities | 0.03 | 1.00 | 7.83 | 11.49 | 16.26 |
| 0.00 | 0.31 | 1.37 | 1.94 | 3.15 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.01 | 0.01 | 0.01 |
| 0.03 | 0.69 | 6.45 | 9.54 | 13.10 | |
| Total Assets | 0.03 | 1.00 | 7.83 | 11.49 | 16.26 |
Cash Flows
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| -0.02 | -0.04 | -2.32 | 1.40 | -3.53 | |
| 0.01 | -0.33 | -0.42 | -0.97 | -1.84 | |
| 0.02 | 0.45 | 3.02 | -0.64 | 5.61 | |
| Net Cash Flow | 0.01 | 0.09 | 0.28 | -0.21 | 0.24 |
Ratios
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Debtor Days | 80.93 | 147.45 | 100.20 | 92.05 | |
| Inventory Days | 0.00 | 9.36 | 16.80 | 18.03 | 6.12 |
| Days Payable | 35.10 | 75.03 | 72.60 | 29.03 | |
| Cash Conversion Cycle | 55.19 | 89.22 | 45.62 | 69.14 | |
| Working Capital Days | 28.08 | 101.65 | 59.05 | 109.39 | |
| ROCE % | 40.00% | 38.72% | 21.92% | 25.79% |
Documents
Announcements
-
Board Meeting Outcome for Outcome Of Board Meeting
30 May - Audited financial results for FY ended Mar 31, 2025 with unmodified audit opinion and IPO proceeds utilization disclosed.
-
Financial Results
30 May - Audited FY25 financial results approved; unmodified audit opinion; IPO proceeds utilization disclosed.
-
Board Meeting Intimation for Board Meeting
25 May - Board meeting on 30 May 2025 to approve FY25 standalone audited financial results.
-
Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
30 Apr - Company exempt from SEBI Large Corporate disclosure for FY 2024-25.
-
Non Applicability Of Corporate Governance Report, Related Party Transaction And Secretarial Compliance Report
18 Apr - Non-applicability of certain SEBI LODR provisions for SME listing.
Business Overview:[1][2]
VEWL is in trading of couplers, threading services and crimping services for couplers, trading, importing and exporting of engineered construction products, MS products and construction machinery and spares. It design and engineer the rebar couplers as per customer's requirement and manufactured by a third-party manufacturer.