V R Infraspace Ltd
The company is into real estate market In Vadodara in both residential and commercial projects.
- Market Cap ₹ 117 Cr.
- Current Price ₹ 132
- High / Low ₹ 226 / 121
- Stock P/E 78.1
- Book Value ₹ 41.0
- Dividend Yield 0.00 %
- ROCE 7.57 %
- ROE 4.21 %
- Face Value ₹ 10.0
Pros
Cons
- Stock is trading at 3.22 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of -5.86% over past five years.
- Company has a low return on equity of 4.72% over last 3 years.
- Earnings include an other income of Rs.1.91 Cr.
- Company has high debtors of 423 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.
Peer comparison
Consumer Discretionary Realty Realty Residential, Commercial Projects
Part of Nifty SME Emerge
Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| 12.78 | 13.05 | 17.59 | 11.04 | 6.49 | 9.45 | |
| 9.68 | 10.92 | 14.69 | 8.38 | 6.39 | 8.14 | |
| Operating Profit | 3.10 | 2.13 | 2.90 | 2.66 | 0.10 | 1.31 |
| OPM % | 24.26% | 16.32% | 16.49% | 24.09% | 1.54% | 13.86% |
| 0.11 | 0.30 | 0.45 | 0.52 | 1.31 | 1.91 | |
| Interest | 2.35 | 1.46 | 0.72 | 0.29 | 0.08 | 1.06 |
| Depreciation | 0.02 | 0.03 | 0.02 | 0.01 | 0.02 | 0.07 |
| Profit before tax | 0.84 | 0.94 | 2.61 | 2.88 | 1.31 | 2.09 |
| Tax % | 15.48% | 20.21% | 6.51% | 26.04% | 30.53% | 28.71% |
| 0.71 | 0.75 | 2.44 | 2.13 | 0.91 | 1.50 | |
| EPS in Rs | 1.10 | 1.16 | 3.77 | 2.40 | 1.02 | 1.69 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 12.51% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | -6% |
| 3 Years: | -19% |
| TTM: | 46% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 16% |
| 3 Years: | -15% |
| TTM: | 63% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -31% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 7% |
| 3 Years: | 5% |
| Last Year: | 4% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Equity Capital | 6.48 | 6.48 | 6.48 | 8.88 | 8.88 | 8.88 |
| Reserves | 2.21 | 2.96 | 5.27 | 25.40 | 26.04 | 27.54 |
| 16.77 | 10.39 | 9.72 | 1.51 | 0.00 | 11.89 | |
| 29.33 | 29.37 | 6.99 | 8.03 | 11.35 | 7.90 | |
| Total Liabilities | 54.79 | 49.20 | 28.46 | 43.82 | 46.27 | 56.21 |
| 0.04 | 0.06 | 0.03 | 0.02 | 0.05 | 1.15 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 4.09 | 4.26 | 4.41 | 4.32 | 4.24 | 5.56 |
| 50.66 | 44.88 | 24.02 | 39.48 | 41.98 | 49.50 | |
| Total Assets | 54.79 | 49.20 | 28.46 | 43.82 | 46.27 | 56.21 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| 3.98 | 6.42 | 1.39 | 6.76 | -23.10 | -7.27 | |
| 2.62 | -0.30 | -0.28 | 0.61 | 5.55 | -2.59 | |
| -4.12 | -9.30 | -1.38 | 11.92 | -1.87 | 10.83 | |
| Net Cash Flow | 2.48 | -3.19 | -0.27 | 19.28 | -19.42 | 0.97 |
| Free Cash Flow | 3.96 | 6.38 | 1.39 | 6.76 | -23.14 | -8.43 |
| CFO/OP | 133% | 292% | 54% | 282% | -22,700% | -509% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Debtor Days | 622.61 | 650.57 | 207.71 | 196.39 | 580.96 | 422.94 |
| Inventory Days | 4,209.67 | 1,404.27 | 340.25 | 1,285.62 | 1,124.18 | |
| Days Payable | 677.59 | 468.09 | 189.31 | 836.85 | 390.01 | |
| Cash Conversion Cycle | 4,154.69 | 1,586.75 | 358.66 | 196.39 | 1,029.73 | 1,157.10 |
| Working Capital Days | 313.88 | 192.43 | 337.82 | 378.56 | 838.54 | 729.61 |
| ROCE % | 10.60% | 16.13% | 10.41% | 3.99% | 7.57% |
Insights
In beta| Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|
| Construction Expenses (Annual Execution) Rs. Lakhs |
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| Inventory (Work-in-Progress) Rs. Lakhs |
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| Debtors Turnover Ratio Ratio |
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| Number of Permanent Employees Numbers |
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| Order Book Value (Major Contracts) Rs. Crores |
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Extracted by Screener AI
Documents
Announcements
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Outcome of Board Meeting
29 May 2026 - Board approved audited FY26 half-year and annual results; no dividend recommended; unmodified audit opinion.
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Structural Digital Database
27 May 2026 - Submitted FY2026 PIT compliance certificate confirming SDD maintained and 7 required events captured.
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Granting/withdrawal/surrender/cancellation/suspension of key licenses/ regulatory approvals
1 May 2026 - V R Infraspace received Category A electrical contractor license in Madhya Pradesh, valid till December 31, 2028.
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Updates
30 April 2026 - Company confirms it is not a Large Corporate; outstanding borrowing was Rs. 11.89 crore on March 31, 2026.
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Updates
18 April 2026 - V R Infraspace հայտնում corporate governance norms not applicable for quarter ended March 31, 2026.
Business[1]
Co. specializes in real estate development in Vadodara, building residential, commercial, and shopping mall projects. It also handle turnkey and luxury developments.