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.
- Market Cap ₹ 74.6 Cr.
- Current Price ₹ 38.0
- High / Low ₹ 68.0 / 30.8
- Stock P/E 12.2
- Book Value ₹
- Dividend Yield 0.00 %
- ROCE 24.7 %
- ROE 22.4 %
- Face Value ₹ 10.0
Pros
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.
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
| Operating Profit |
| OPM % |
| Interest |
| Depreciation |
| Profit before tax |
| Tax % |
| EPS in Rs |
| Raw PDF |
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|
| 27.19 | 64.87 | 63.19 | |
| 23.91 | 54.67 | 50.16 | |
| Operating Profit | 3.28 | 10.20 | 13.03 |
| OPM % | 12.06% | 15.72% | 20.62% |
| 0.13 | 0.29 | 1.29 | |
| Interest | 0.63 | 0.93 | 2.05 |
| Depreciation | 0.89 | 0.77 | 4.05 |
| Profit before tax | 1.89 | 8.79 | 8.22 |
| Tax % | 32.28% | 25.94% | 25.55% |
| 1.27 | 6.52 | 6.11 | |
| EPS in Rs | 1.02 | 4.52 | 4.24 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | -3% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | -6% |
| Stock Price CAGR | |
|---|---|
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| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 23% |
| Last Year: | 22% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|
| Equity Capital | 12.50 | 14.43 | 14.43 |
| Reserves | 2.40 | 9.79 | 15.91 |
| 3.93 | 6.19 | 22.55 | |
| 7.92 | 26.42 | 22.73 | |
| Total Liabilities | 26.75 | 56.83 | 75.62 |
| 2.62 | 3.52 | 10.16 | |
| CWIP | 0.03 | 0.03 | 0.03 |
| Investments | -0.01 | 0.00 | 0.00 |
| 24.11 | 53.28 | 65.43 | |
| Total Assets | 26.75 | 56.83 | 75.62 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|
| -1.69 | 1.81 | 0.99 | |
| -1.04 | -5.93 | -10.59 | |
| 2.46 | 4.15 | 9.56 | |
| Net Cash Flow | -0.27 | 0.03 | -0.04 |
| Free Cash Flow | -3.10 | 0.14 | -9.70 |
| CFO/OP | -26% | 37% | 15% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|
| Debtor Days | 175.05 | 151.98 | 226.14 |
| Inventory Days | 96.12 | 82.95 | 71.07 |
| Days Payable | 107.40 | 143.80 | 132.79 |
| Cash Conversion Cycle | 163.77 | 91.13 | 164.42 |
| Working Capital Days | 154.51 | 107.02 | 114.37 |
| ROCE % | 39.48% | 24.66% |
Insights
In beta| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| Employee Benefit Expenses ₹ in Lakhs ・Standalone data |
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| Revenue from Waterproofing Services ₹ in Lakhs ・Standalone data |
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| Revenue from Construction of Tunnels ₹ in Lakhs ・Standalone data |
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| Revenue from Mechanical, Electrical & Plumbing (MEP) ₹ in Lakhs ・Standalone data |
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| Order Book / Ongoing Project Value ₹ in Lakhs ・Standalone data |
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Documents
Announcements
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Announcement under Regulation 30 (LODR)-Change in Management
27 Mar - Appointed Mr. Raghuveer Prasad as CFO and KMP effective 27 March 2026.
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Board Meeting Outcome for Appointments Of The CFO
27 Mar - Appointed Mr. Raghuveer Prasad as CFO effective 27 March 2026; MBA, 18+ years finance experience.
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Closure of Trading Window
24 Mar - Trading window closed from April 01, 2026 until 48 hours after audited results for year/half-year ended March 31, 2026.
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Announcement under Regulation 30 (LODR)-Change in Management
23 Mar - Appointed M/s Surendra Barnwal & Associates as Secretarial Auditor for FY2025-26 (Apr 1,2025–Mar 31,2026) on 23 Mar 2026.
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Board Meeting Outcome for Appointment Of Secretarial Auditor Under Regulation 30 Of SEBI (LODR) Regulations, 2015
23 Mar - Board appointed M/s Surendra Barnwal & Associates as Secretarial Auditors for FY2025-26 (Apr 1,2025–Mar 31,2026).
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.