Veegaland Developers Ltd

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Veegaland Developers Ltd

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About

Incorporated in 2007, Veegaland Developers Limited is engaged in real estate development, focusing on residential, commercial, and mixed-use projects.[1]

Key Points

Business Overview:[1][2]
Veegaland Developers is a Kerala-focused residential real estate developer operating
under the Veegaland Homes brand. The company plans, develops, markets, and
sells multi-storied residential apartments
across Kochi, Thiruvananthapuram, Kozhikode, and Thrissur. Its portfolio spans mid-premium, premium, ultra-premium, Luxe, and ultra-luxury housing segments, with no commercial real estate component.
The company entered real estate development in 2011 with its first project, Green Clouds in Kochi. Since then, it has expanded across multiple Kerala markets and built a portfolio covering different price points and customer segments.

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Pros

Cons

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Quarterly Results

Figures in Rs. Crores

Operating Profit
OPM %
Interest
Depreciation
Profit before tax
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EPS in Rs
Raw PDF
Upcoming result date: 6 October 2026

Profit & Loss

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OPM %
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Dividend Payout %
Compounded Sales Growth
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Compounded Profit Growth
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Return on Equity
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Balance Sheet

Figures in Rs. Crores

Equity Capital
Reserves
Total Liabilities
CWIP
Investments
Total Assets

Cash Flows

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Free Cash Flow
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Ratios

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Inventory Days
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Shareholding Pattern

Numbers in percentages

13 Recently
Sep 2026
63.69%
0.55%
14.82%
20.93%
No. of Shareholders 50,660

* 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.

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