Valplast Technologies Ltd
Valplast Technologies are a civil engineering & construction company engaged in providing supply and installation of structural waterproofing system, injection grouting solutions for various type of infrastructure projects including underground structures, tunnels, landfills, dam, channel, shafts, canal, reservoirs, building and various other civil engineering projects. Further, we have recently started construction of Tunnels, Pre-Cast Concrete structures and Mechanical, Electrical & Plumbing (MEP) engineering services in tunnels and underground structures.
- Market Cap ₹ 115 Cr.
- Current Price ₹ 58.6
- High / Low ₹ 59.8 / 57.0
- Stock P/E 18.8
- Book Value ₹
- Dividend Yield 0.00 %
- ROCE 24.7 %
- ROE 22.4 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 190% CAGR over last 5 years
Cons
- Promoter holding has decreased over last quarter: -23.0%
- Company has high debtors of 226 days.
* 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
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
| Operating Profit |
| OPM % |
| Interest |
| Depreciation |
| Profit before tax |
| Tax % |
| EPS in Rs |
| Raw PDF |
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| 30.55 | 9.94 | 20.69 | 27.19 | 64.87 | 63.19 | |
| 29.50 | 9.90 | 18.33 | 23.91 | 54.67 | 50.16 | |
| Operating Profit | 1.05 | 0.04 | 2.36 | 3.28 | 10.20 | 13.03 |
| OPM % | 3.44% | 0.40% | 11.41% | 12.06% | 15.72% | 20.62% |
| 0.00 | 1.07 | 0.07 | 0.13 | 0.29 | 1.29 | |
| Interest | 0.21 | 0.03 | 0.17 | 0.63 | 0.93 | 2.05 |
| Depreciation | 0.62 | 0.57 | 0.69 | 0.89 | 0.77 | 4.05 |
| Profit before tax | 0.22 | 0.51 | 1.57 | 1.89 | 8.79 | 8.22 |
| Tax % | 86.36% | -49.02% | 33.12% | 32.28% | 25.94% | 25.55% |
| 0.03 | 0.77 | 1.05 | 1.28 | 6.51 | 6.11 | |
| EPS in Rs | 0.02 | 0.62 | 0.84 | 1.02 | 4.51 | 4.24 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 16% |
| 3 Years: | 45% |
| TTM: | -3% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 190% |
| 3 Years: | 81% |
| TTM: | -6% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 19% |
| 3 Years: | 23% |
| Last Year: | 22% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| Equity Capital | 12.50 | 12.50 | 12.50 | 12.50 | 14.43 | 14.43 |
| Reserves | -1.82 | -1.05 | 0.00 | 2.42 | 9.79 | 15.91 |
| 0.49 | 1.97 | 2.88 | 3.93 | 6.19 | 22.55 | |
| 9.31 | 5.70 | 10.15 | 7.92 | 26.42 | 22.73 | |
| Total Liabilities | 20.48 | 19.12 | 25.53 | 26.77 | 56.83 | 75.62 |
| 1.78 | 2.37 | 2.13 | 2.62 | 3.52 | 10.16 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.03 | 0.03 | 0.03 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 18.70 | 16.75 | 23.40 | 24.12 | 53.28 | 65.43 | |
| Total Assets | 20.48 | 19.12 | 25.53 | 26.77 | 56.83 | 75.62 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| -1.11 | -1.69 | 1.81 | 0.99 | |||
| -0.34 | -1.04 | -5.93 | -10.59 | |||
| 1.47 | 2.46 | 4.15 | 9.56 | |||
| Net Cash Flow | 0.01 | -0.27 | 0.03 | -0.04 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| Debtor Days | 75.03 | 207.84 | 136.90 | 175.05 | 151.98 | 226.14 |
| Inventory Days | 18.71 | 137.77 | 103.25 | 96.12 | 82.95 | 71.07 |
| Days Payable | 117.51 | 356.77 | 226.17 | 107.40 | 143.80 | 132.79 |
| Cash Conversion Cycle | -23.77 | -11.16 | 13.98 | 163.77 | 91.13 | 164.42 |
| Working Capital Days | 106.33 | 371.98 | 207.29 | 154.51 | 107.02 | 114.37 |
| ROCE % | 4.31% | 11.88% | 14.72% | 39.46% | 24.66% |
Business Profile[1]
The company is a civil engineering and construction company with expertise in structural waterproofing systems, injection grouting, tunnels, precast concrete, slope stabilization, and MEP works. It primarily operates as a subcontractor to major infrastructure developers in the railways, defense, civil works, and road infrastructure sectors, while also serving select private and government clients directly.