Vishnu Prakash R Punglia Limited has informed the Exchange regarding 'Promoters Infusion Drives Major Reduction in TReDS Dues'.
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Vishnu Prakash R Punglia Limited (VPRPL), an infrastructure EPC company, shared a business update highlighting significant balance sheet strengthening. Promoters infused approximately ₹285 Crores as interest-free funds (including stake sale proceeds) to support liquidity. The company repaid around ₹328 Crores of debt, cutting overall bank borrowings by nearly 50%. TReDS (bill discounting) outstanding dropped sharply from ₹345 Crores to just ₹17 Crores. The company received ₹232 Crores of inflows in the last quarter and reports a strong order book of over ₹4,500 Crores, with payment cycles gradually normalizing. Management described the recent difficulties as cyclical and external, tied to broader infrastructure sector liquidity tightening.
This is a positive signal for shareholders — promoters putting in their own money shows confidence, while the dramatic debt and TReDS reduction significantly lowers financial risk and interest costs. The strong order book provides revenue visibility, though investors should watch for sustained improvement in payment cycles and operating cash flows.