V R Infraspace Ltd
The company is into real estate market In Vadodara in both residential and commercial projects.
- Market Cap ₹ 169 Cr.
- Current Price ₹ 190
- High / Low ₹ 355 / 139
- Stock P/E 83.4
- Book Value ₹ 40.9
- Dividend Yield 0.16 %
- ROCE 12.4 %
- ROE 5.71 %
- Face Value ₹ 10.0
Pros
Cons
- Stock is trading at 4.65 times its book value
- Company has a low return on equity of 9.72% over last 3 years.
- Company has high debtors of 241 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 | |
---|---|---|---|---|---|
12.78 | 13.05 | 18.04 | 18.69 | 31.65 | |
9.68 | 10.92 | 15.12 | 15.12 | 26.58 | |
Operating Profit | 3.10 | 2.13 | 2.92 | 3.57 | 5.07 |
OPM % | 24.26% | 16.32% | 16.19% | 19.10% | 16.02% |
0.07 | 0.13 | 0.45 | 0.25 | 1.31 | |
Interest | 2.35 | 1.46 | 0.72 | 0.43 | 2.10 |
Depreciation | 0.02 | 0.03 | 0.02 | 0.02 | 0.04 |
Profit before tax | 0.80 | 0.77 | 2.63 | 3.37 | 4.24 |
Tax % | 15.00% | 19.48% | 6.46% | 29.38% | 29.25% |
0.72 | 0.80 | 2.46 | 2.64 | 3.02 | |
EPS in Rs | 1.11 | 1.23 | 3.78 | 2.69 | 2.26 |
Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 34% |
TTM: | 69% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 36% |
TTM: | -11% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | 27% |
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 | |
---|---|---|---|---|---|
Equity Capital | 6.48 | 6.48 | 6.48 | 8.88 | 8.88 |
Reserves | 2.22 | 3.01 | 5.27 | 25.66 | 27.41 |
16.76 | 10.38 | 9.72 | 5.49 | 17.20 | |
29.33 | 29.34 | 7.07 | 49.80 | 48.29 | |
Total Liabilities | 54.79 | 49.21 | 28.54 | 89.83 | 101.78 |
0.04 | 0.06 | 0.03 | 0.05 | 0.22 | |
CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Investments | 4.09 | 4.26 | 4.40 | 0.52 | 0.46 |
50.66 | 44.89 | 24.11 | 89.26 | 101.10 | |
Total Assets | 54.79 | 49.21 | 28.54 | 89.83 | 101.78 |
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 | 241.37 |
Inventory Days | 4,209.67 | 1,404.27 | 338.13 | 1,188.42 | |
Days Payable | 679.46 | 468.79 | 182.05 | 656.20 | |
Cash Conversion Cycle | 4,152.82 | 1,586.05 | 346.88 | 136.70 | 773.60 |
Working Capital Days | 498.09 | 415.34 | 324.53 | 430.42 | 617.10 |
ROCE % | 9.84% | 16.10% | 11.01% | 12.44% |
Documents
Announcements
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Updates
5 June 2025 - VR Infraspace declares full utilization of IPO proceeds as of March 31, 2025, with no unutilized funds.
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Updates
3 June 2025 - Company shifts registered office within Vadodara city limits, Gujarat.
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Outcome of Board Meeting
22 May 2025 - Audited FY25 results approved; no dividend recommended; unmodified auditor opinion; revised board meeting outcome.
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Updates
15 May 2025 - Received Rs. 5.94 Cr work order for resurfacing 22.9 km roads in Songadh Taluka, completion in 40 days.
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Statement of deviation(s) or variation(s) under Reg. 32
14 May 2025 - No deviation in IPO fund usage for half year ended March 31, 2025; reviewed by Audit Committee.
Business[1]
Co. specializes in real estate development in Vadodara, building residential, commercial, and shopping mall projects. It also handle turnkey and luxury developments.