V R Infraspace Ltd
The company is into real estate market In Vadodara in both residential and commercial projects.
- Market Cap ₹ 152 Cr.
- Current Price ₹ 171
- High / Low ₹ 337 / 157
- Stock P/E 67.5
- Book Value ₹ 42.2
- Dividend Yield 0.00 %
- ROCE 12.4 %
- ROE 5.71 %
- Face Value ₹ 10.0
Pros
Cons
- Stock is trading at 4.06 times its book value
- Company has a low return on equity of 9.72% over last 3 years.
- Company has high debtors of 243 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
Half Yearly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|
| 12.78 | 13.05 | 18.04 | 18.69 | 31.42 | 37.28 | |
| 9.68 | 10.92 | 15.12 | 15.12 | 26.35 | 31.12 | |
| Operating Profit | 3.10 | 2.13 | 2.92 | 3.57 | 5.07 | 6.16 |
| OPM % | 24.26% | 16.32% | 16.19% | 19.10% | 16.14% | 16.52% |
| 0.07 | 0.13 | 0.45 | 0.32 | 1.31 | 1.20 | |
| Interest | 2.35 | 1.46 | 0.72 | 0.43 | 2.10 | 3.18 |
| Depreciation | 0.02 | 0.03 | 0.02 | 0.02 | 0.04 | 0.04 |
| Profit before tax | 0.80 | 0.77 | 2.63 | 3.44 | 4.24 | 4.14 |
| Tax % | 15.00% | 19.48% | 6.46% | 28.78% | 29.25% | |
| 0.72 | 0.80 | 2.46 | 2.64 | 3.02 | 2.97 | |
| EPS in Rs | 1.11 | 1.23 | 3.78 | 2.69 | 2.26 | 2.54 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 11.15% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 34% |
| TTM: | 50% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 36% |
| TTM: | -1% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -46% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 10% |
| Last Year: | 6% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|
| Equity Capital | 6.48 | 6.48 | 6.48 | 8.88 | 8.88 | 8.88 |
| Reserves | 2.22 | 3.01 | 5.27 | 25.66 | 27.41 | 28.56 |
| 16.76 | 10.38 | 9.72 | 5.49 | 17.20 | 21.09 | |
| 29.33 | 29.34 | 7.07 | 49.80 | 48.29 | 43.96 | |
| Total Liabilities | 54.79 | 49.21 | 28.54 | 89.83 | 101.78 | 102.49 |
| 0.04 | 0.06 | 0.03 | 0.05 | 0.22 | 0.39 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 4.09 | 4.26 | 4.40 | 0.52 | 0.46 | 0.46 |
| 50.66 | 44.89 | 24.11 | 89.26 | 101.10 | 101.64 | |
| Total Assets | 54.79 | 49.21 | 28.54 | 89.83 | 101.78 | 102.49 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| 4.12 | 6.28 | 1.64 | -2.97 | -27.13 | |
| 2.48 | -0.17 | -0.26 | -3.85 | 1.01 | |
| -4.12 | -9.29 | -1.23 | 27.03 | 9.35 | |
| Net Cash Flow | 2.48 | -3.17 | 0.15 | 20.22 | -16.78 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Debtor Days | 622.61 | 650.57 | 190.80 | 136.70 | 243.14 |
| Inventory Days | 4,209.67 | 1,404.27 | 338.13 | 1,727.09 | |
| Days Payable | 679.46 | 468.79 | 182.05 | 953.63 | |
| Cash Conversion Cycle | 4,152.82 | 1,586.05 | 346.88 | 136.70 | 1,016.60 |
| Working Capital Days | 314.16 | 194.11 | 324.53 | 430.42 | 616.62 |
| ROCE % | 9.84% | 16.10% | 11.22% | 12.44% |
Documents
Announcements
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Updates
3 December 2025 - Opened branch at House No.28, Mohni Muskan Garden, Misrod, Bhopal on December 1, 2025.
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Outcome of Board Meeting
14 November 2025 - Board approved unaudited H1 results (ended Sep 30, 2025): consolidated net profit Rs162.79 lakh; limited review Nov 14, 2025.
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Updates
30 October 2025 - NSE caution for delay in submitting May 14, 2025 board outcome on dividend; company says no impact.
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Integrated Filing- Governance
27 October 2025 - Submitted Integrated Filing (Governance) and RTA certificate for quarter ended September 30, 2025.
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Certificate under SEBI (Depositories and Participants) Regulations, 2018
8 October 2025 - Reconciliation of share capital audit for quarter ended Sept 30, 2025; issued capital 88,80,000.
Business[1]
Co. specializes in real estate development in Vadodara, building residential, commercial, and shopping mall projects. It also handle turnkey and luxury developments.