Vascon Engineers Ltd

Vascon Engineers Ltd

₹ 49.1 1.40%
21 May - close price
About

Incorporated in 1986, Vascon Engineers
Ltd is a is a Pune-based player, engaged in engineering, procurement and construction (EPC), real estate construction and development[1]

Key Points

Landmark Projects[1]
Company has executed 200+ projects with a construction area of over 45 mn Sq ft. Some of the Landmark projects are Ruby Mills (Mumbai), Suzlon One Earth (Pune), Symbiosis College (Pune), IGI Airport Multilevel Car Parking (New Delhi), and it also received its 1st redevelopment project in Mumbai

  • Market Cap 1,111 Cr.
  • Current Price 49.1
  • High / Low 83.9 / 32.0
  • Stock P/E 17.2
  • Book Value 48.3
  • Dividend Yield 0.51 %
  • ROCE 7.79 %
  • ROE 6.31 %
  • Face Value 10.0

Pros

  • Stock is trading at 1.02 times its book value
  • Company is expected to give good quarter

Cons

  • Promoter holding is low: 31.1%
  • Company has a low return on equity of 7.58% over last 3 years.
  • Promoters have pledged 27.7% of their holding.
  • Earnings include an other income of Rs.87.3 Cr.

* 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.

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025
148 141 180 198 248 149 175 205 235 196 200 294 385
140 129 157 184 205 137 152 185 214 181 186 275 347
Operating Profit 8 13 23 15 42 12 23 20 20 15 14 20 38
OPM % 6% 9% 13% 8% 17% 8% 13% 10% 9% 8% 7% 7% 10%
5 2 3 2 3 3 1 2 6 2 2 79 5
Interest 5 3 2 2 2 3 3 4 3 4 5 5 5
Depreciation 1 1 1 2 2 1 2 1 2 1 1 2 2
Profit before tax 6 10 22 13 41 11 20 16 21 12 10 92 36
Tax % 0% 0% 0% 0% 0% 0% 0% 0% 30% 25% 20% 17% 5%
6 10 22 13 41 11 20 16 15 9 8 76 34
EPS in Rs 0.29 0.47 1.00 0.61 1.91 0.49 0.91 0.73 0.67 0.39 0.35 3.36 1.52
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
331 295 321 240 335 363 366 357 463 767 763 1,075
341 412 299 240 320 347 320 373 455 674 687 988
Operating Profit -10 -117 22 -0 15 17 46 -16 7 94 76 87
OPM % -3% -39% 7% -0% 5% 5% 13% -4% 2% 12% 10% 8%
14 14 34 44 24 29 17 11 54 10 12 87
Interest 38 28 40 28 20 23 17 25 22 11 14 19
Depreciation 11 11 8 7 8 8 9 7 5 6 6 6
Profit before tax -45 -142 8 8 11 14 38 -37 34 87 68 150
Tax % 0% 2% 2% 24% 0% -7% 0% 0% 2% 0% 9% 15%
-45 -145 8 6 11 15 38 -37 33 87 61 127
EPS in Rs -2.87 -9.21 0.49 0.37 0.65 0.85 2.14 -2.02 1.54 3.99 2.78 5.62
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 6% 9% 0%
Compounded Sales Growth
10 Years: 14%
5 Years: 24%
3 Years: 32%
TTM: 41%
Compounded Profit Growth
10 Years: 9%
5 Years: 12%
3 Years: 94%
TTM: 6%
Stock Price CAGR
10 Years: 9%
5 Years: 48%
3 Years: 27%
1 Year: -24%
Return on Equity
10 Years: 3%
5 Years: 4%
3 Years: 8%
Last Year: 6%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity Capital 90 90 161 168 174 178 178 182 217 217 221 226
Reserves 534 393 435 445 478 504 548 512 588 677 737 866
305 297 241 234 244 240 237 198 139 134 153 206
315 333 310 297 298 317 309 348 428 491 567 827
Total Liabilities 1,245 1,114 1,147 1,144 1,194 1,240 1,273 1,240 1,371 1,519 1,678 2,126
46 62 34 57 55 53 48 41 42 70 63 74
CWIP 1 2 0 0 1 0 0 0 0 0 0 0
Investments 202 209 228 172 176 173 188 172 181 135 135 85
996 840 885 914 962 1,014 1,037 1,027 1,148 1,315 1,480 1,966
Total Assets 1,245 1,114 1,147 1,144 1,194 1,240 1,273 1,240 1,371 1,519 1,678 2,126

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
-89 57 17 49 9 32 45 50 2 84 -16 -2
-4 1 1 -15 -5 -0 -21 16 11 -31 -12 75
99 -52 -24 -33 -13 -14 -39 -66 -19 -23 -1 27
Net Cash Flow 6 6 -6 1 -10 18 -15 0 -6 30 -29 100

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 221 181 184 181 142 153 129 117 85 71 85 72
Inventory Days 335 838 666 651 667 521 412 260 299 237
Days Payable 224 250 226 226 253 254 240 199 213 192
Cash Conversion Cycle 221 181 295 769 583 578 543 384 256 132 172 117
Working Capital Days 340 151 234 675 462 519 508 525 428 283 314 236
ROCE % -1% -13% 4% 4% 3% 4% 6% -2% 1% 10% 8% 8%

Shareholding Pattern

Numbers in percentages

4 Recently
Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025
31.99% 31.99% 32.20% 32.20% 32.20% 32.20% 31.62% 31.62% 31.27% 31.27% 30.93% 31.11%
0.02% 0.15% 0.40% 0.22% 0.51% 0.90% 0.11% 0.89% 0.40% 0.55% 0.54% 0.72%
0.00% 0.00% 0.00% 0.00% 0.11% 0.09% 0.14% 0.14% 0.37% 0.00% 0.00% 0.00%
68.00% 67.86% 67.41% 67.56% 67.18% 66.80% 68.12% 67.34% 67.96% 68.19% 68.53% 68.17%
No. of Shareholders 40,57940,28143,76443,44648,21058,08675,30886,48091,58492,70795,55494,236

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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