Valplast Technologies Ltd
Valplast Technologies is civil-engineenng & construction company engaged in providing structural waterproofing system, injection grouting solutions, Pre-Cast Concrete systems and MEP engineering services for various type of infrastructure projects includi
- Market Cap ₹ 78.3 Cr.
- Current Price ₹ 39.9
- High / Low ₹ 68.0 / 29.4
- Stock P/E 8.41
- Book Value ₹ 32.7
- Dividend Yield 2.51 %
- ROCE 24.0 %
- ROE 19.7 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 65.0% CAGR over last 5 years
Cons
* 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
Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| 31 | 10 | 21 | 27 | 65 | 63 | 102 | |
| 30 | 10 | 18 | 24 | 55 | 50 | 82 | |
| Operating Profit | 1 | 0 | 2 | 3 | 10 | 13 | 19 |
| OPM % | 3.4% | 0.4% | 11% | 12% | 16% | 21% | 19% |
| 0 | 1 | 0 | 0 | 0 | 1 | 1 | |
| Interest | 0 | 0 | 0 | 1 | 1 | 2 | 3 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 4 | 4 |
| Profit before tax | 0 | 1 | 2 | 2 | 9 | 8 | 14 |
| Tax % | 86% | -49% | 33% | 32% | 26% | 26% | 31% |
| 0 | 1 | 1 | 1 | 7 | 6 | 9 | |
| EPS in Rs | 0.02 | 0.62 | 0.84 | 1.02 | 4.51 | 4.24 | 4.74 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 59% |
| 3 Years: | 55% |
| TTM: | 61% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 65% |
| 3 Years: | 94% |
| TTM: | 52% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -29% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 20% |
| 3 Years: | 23% |
| Last Year: | 20% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 12 | 12 | 12 | 12 | 14 | 14 | 20 |
| Reserves | -2 | -1 | 0 | 2 | 10 | 16 | 44 |
| 0 | 2 | 3 | 4 | 6 | 23 | 20 | |
| 9 | 6 | 10 | 8 | 26 | 23 | 29 | |
| Total Liabilities | 20 | 19 | 26 | 27 | 57 | 76 | 113 |
| 2 | 2 | 2 | 3 | 4 | 10 | 9 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 19 | 17 | 23 | 24 | 53 | 66 | 104 | |
| Total Assets | 20 | 19 | 26 | 27 | 57 | 76 | 113 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| -1 | -2 | 2 | 1 | -5 | |||
| -0 | -1 | -6 | -11 | -8 | |||
| 1 | 2 | 4 | 10 | 19 | |||
| Net Cash Flow | 0 | -0 | 0 | -0 | 6 | ||
| Free Cash Flow | -2 | -3 | 0 | -10 | -8 | ||
| CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit | -2,775% | -26% | 37% | 15% | -13% |
Ratios
Standalone / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 75 | 208 | 137 | 175 | 152 | 136 | 131 |
| Inventory Days | 19 | 138 | 103 | 96 | 83 | 71 | 43 |
| Days Payable | 118 | 357 | 226 | 107 | 144 | 133 | 98 |
| Cash Conversion Cycle | -24 | -11 | 14 | 164 | 91 | 74 | 76 |
| Working Capital Days | 106 | 372 | 207 | 155 | 107 | 117 | 142 |
| ROCE % | 4% | 12% | 15% | 39% | 25% | 24% |
Insights
In beta| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| Customer Concentration - Top 5 Customers % of revenue |
|
|||
| Geographic Concentration - Top State (Jammu & Kashmir) % of revenue |
||||
| Revenue Mix - Construction of Tunnels % of revenue |
||||
| Revenue Mix - MEP Works % of revenue |
||||
| Revenue Mix - Waterproofing Services % of revenue |
||||
| Number of Ongoing Projects count |
||||
| Number of States of Operation count |
||||
| Order Book (Total Value of Orders in Hand) ₹ Lakhs |
||||
Extracted by Screener AI
Documents
Announcements
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
- Regulation 74(5) certificate filed for quarter ended 30 September 2026; no rematerialisation requests.
-
Closure of Trading Window
- Trading window closed from October 1, 2026 until 48 hours after board approves H1 FY2026 results.
-
Announcement under Regulation 30 (LODR)-Change in Management
- Board appointed Anuj Garg as Whole-Time Director for five years; Yogesh Jadon resigned effective 24 September 2026.
-
Board Meeting Outcome for Outcome Of Board Meeting Held On 24Th September, 2026.
- Anuj Garg appointed Whole-Time Director for five years; Yogesh Jadon resigned as Independent Director effective 24 September 2026.
-
Announcement under Regulation 30 (LODR)-Resignation of Director
- Mr. Yogesh Jadon resigns as Independent Director effective 24 September 2026; resubmission filed with BSE.
Business Overview:[1][2]
VPTL is in the business of executing specialized niche jobs of water proofing system, injection grouting, electromechanical, plumbing, rehabilitation, firefighting, refurbishment, and for operation and maintenance of tunnels under one umbrella of tunnels. The company has expertise in executing any project on EPC mode directly from Design phase to Operation & Maintenance (Incl. Civil, E&M, MEP, Firefighting etc.)