Vision Infra Equipment Solutions Ltd
Incorporated in 2015, Vision Infra Equipment Solutions Ltd is in the business of leasing, renting, refurbishing,
and selling road construction equipment
and other types of construction machinery.
It also manages work contracts, projected crushing, soil stabilization, recycling, milling, and paving[1]
- Market Cap ₹ 565 Cr.
- Current Price ₹ 229
- High / Low ₹ 308 / 112
- Stock P/E 18.2
- Book Value ₹ 66.8
- Dividend Yield 0.22 %
- ROCE 19.6 %
- ROE 33.1 %
- Face Value ₹ 10.0
Pros
- Debtor days have improved from 313 to 121 days.
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.
Half Yearly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2024 3m | Mar 2025 | |
|---|---|---|
| 69 | 443 | |
| 52 | 324 | |
| Operating Profit | 17 | 119 |
| OPM % | 25% | 27% |
| 3 | 12 | |
| Interest | 3 | 27 |
| Depreciation | 9 | 55 |
| Profit before tax | 8 | 48 |
| Tax % | 28% | 29% |
| 6 | 34 | |
| EPS in Rs | 3.32 | 13.82 |
| Dividend Payout % | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 538% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 662% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 93% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | 33% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2024 | Mar 2025 | |
|---|---|---|
| Equity Capital | 17 | 25 |
| Reserves | 6 | 140 |
| 261 | 279 | |
| 73 | 76 | |
| Total Liabilities | 357 | 520 |
| 195 | 275 | |
| CWIP | 0 | 1 |
| Investments | 0 | 0 |
| 162 | 244 | |
| Total Assets | 357 | 520 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2024 | Mar 2025 | |
|---|---|---|
| 8 | 40 | |
| -26 | -138 | |
| 25 | 99 | |
| Net Cash Flow | 7 | 1 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2024 | Mar 2025 | |
|---|---|---|
| Debtor Days | 504 | 121 |
| Inventory Days | 313 | 79 |
| Days Payable | 359 | 46 |
| Cash Conversion Cycle | 458 | 155 |
| Working Capital Days | 16 | 45 |
| ROCE % | 20% |
Insights
In beta| Mar 2024 | Mar 2025 | |
|---|---|---|
| Active Customer Base Number ・Standalone data |
|
|
| Operational Presence (States) States ・Standalone data |
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| Refurbishment Export Revenue Share % ・Standalone data |
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| Total Equipment Fleet Size Units ・Standalone data |
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| Total Full-time Employees Number ・Standalone data |
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| Concrete Paver Fleet Strength Units ・Standalone data |
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| Order Book INR Crores ・Standalone data |
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Documents
Announcements
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Analysts/Institutional Investor Meet/Con. Call Updates
10 March 2026 - Analyst/site-visit on March 7, 2026; fleet ~450+, revenue mix ~45% rental/55% refurbishment/services.
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Bagging/Receiving of orders/contracts
27 February 2026 - Received Rs.1.87 crore order to crush (-550) boulders for GSB; monthly billing, 15-day payment.
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Analysts/Institutional Investor Meet/Con. Call Updates
21 February 2026 - Analyst/institutional investor group meeting and site visit in Pune on 7 March 2026; registration link provided.
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Bagging/Receiving of orders/contracts
18 February 2026 - Received Rs.1,15,50,000 asphalt-milling work order from a domestic company on Feb 18, 2026.
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Bagging/Receiving of orders/contracts
13 February 2026 - Received Rs.3.71 Cr Pavement Quality Concrete road work order, six-month execution, domestic client (undisclosed).
Annual reports
Concalls
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Nov 2025Transcript PPT REC
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May 2025TranscriptAI SummaryPPT
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Jan 2025TranscriptAI SummaryPPT
Business Overview:[1]
VIESL is a smart solution provider in the renting, refurbishment, and trading of construction and infrastructure equipment. It owns ~382 large and young fleets of construction equipment from major OEMs serving 200+ clients