NSE:VASCONEQ

VASCON ENGINEERS LTD

₹30.39
at close · 8 Oct 2026
▼ 1.89 (-5.86%)

Latest filings

  1. Trading Window Closure Ahead of Q2 FY27 Results · Compliance
  2. Vascon Engineers bags Rs 660.79 Crore office development order from Qualcomm India · Business Updates
  3. CRISIL assigns BBB plus Stable long term and A2 short term ratings to Vascon · Credit & Debt
All filings ↓
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Snapshot

What the business is, and whether it's a good one at a fair price.

AI · written from filings

Provides construction services on an Engineering, Procurement and Construction (EPC) basis, delivering buildings and infrastructure projects for government institutions and private corporates. EPC accounted for 96.6% of segment revenue in FY26 at Rs 916.41 crore, with the remaining 3.4% (Rs 32.12 crore) coming from Real Estate Development. Recently secured projects include a Rs 347.43 crore contract from the Reserve Bank of India for demolition and redevelopment of RBI Quarters at Zoo-Narengi Road Colony, Guwahati, and a Rs 131.58 crore Letter of Intent from Reliance Industries for construction of G+12 buildings at Jamnagar (subsequently cancelled by Reliance in July 2026 before execution commenced). Total revenue for FY26 stood at Rs 949.29 crore with a net profit of Rs 48.9 crore. The cost structure is dominated by materials and subcontracted works at 100.4% of revenue, with employees at 3.8% and other operating expenses at 3.9%.

Revenue mix · reported segments
EPC (Engineering, Procurement and Construction)96.6%
Real Estate Development3.4%
Operating scale
FY26 EPC segment revenue
Rs 916.41 croreFY26
FY26 Real Estate Development revenue
Rs 32.12 croreFY26
RBI Guwahati redevelopment order
Rs 347.43 croreAwarded June 2026
Reliance Jamnagar order (later cancelled)
Rs 131.58 croreMay 2026
Total assets
Rs 2,361.23 croreFY26
EBITDA margin
9.26%FY26
Who pays it
Government institutions (including RBI) and large private corporates (including Reliance Industries)
Biggest cost
Construction materials and subcontracted works at 100.4% of revenue
Kind of business
Construction services with material cost pass-through, project-based revenue
Where it sits
Pune-headquartered EPC contractor executing building and redevelopment projects for institutional and corporate clients
Market Cap
₹704 Cr
P / E (TTM)
24.3×
EV / EBITDA
14.8×
Div Yield
—
Growth
13.4%▲
Revenue 5y CAGR
PAT — · EBITDA +274.1%
Quality
7.1%·
ROCE (5y median)
ROE 6.8% (5y median) · margin 9.3%
Leverage
0.26·
Debt / Equity · low
Net debt ₹243 Cr
Revenue FY21→FY26
1.9×▲
Margin +13.1 pts
₹507 Cr → ₹949 Cr
Cash conversion
-0.02×▼
Operating cash ÷ profit · 5 yrs
₹-9 Cr on ₹382 Cr
Moves on a normal day
1.67%·
Median daily move
Last 268 sessions · the yardstick for filing-day moves

Scorecard

Measured from the filed financials · as of FY26 — not investment advice

Strengths
Revenue compounding 13% a year over 5 years
Debt at 0.26× equity
Concerns
Returns on capital 7.1% (5-year median)
up from −1.6% in FY21
Over 5 years it reported ₹382 Cr of profit and an operating cash outflow of ₹9.31 Cr — -0.02×
Less than 60p of every ₹1 of profit arrived as cash
Heavy working capital — 129 days of cash tied up

Charts

How has the market priced it — with filings on the timeline?

VASCONEQ · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Peers

How does it stack up on valuation, returns and growth?

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Financials

Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.

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Ownership

Who owns it — and is the promoter stake clean?

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Common questions

Answered from VASCON ENGINEERS LTD's filed financials and exchange disclosures

What does VASCON ENGINEERS LTD do?

VASCON ENGINEERS LTD is listed on NSE and BSE, trading under the symbol VASCONEQ.

Is VASCON ENGINEERS LTD profitable?

Yes. Over the trailing twelve months VASCON ENGINEERS LTD reported a net profit of ₹28 Cr on revenue of ₹880 Cr.

Does VASCON ENGINEERS LTD pay a dividend?

Not in the latest reported year — VASCON ENGINEERS LTD's dividend payout for FY26 was nil.

Is VASCON ENGINEERS LTD debt-free?

No. It reported borrowings of ₹299 Cr on its 31 Mar 2026 balance sheet, or net debt of ₹243 Cr after cash. Debt stands at 0.26× equity.

How much does the VASCON ENGINEERS LTD share price move in a day?

On a typical session VASCON ENGINEERS LTD moves 1.67% — that is the median absolute close-to-close move across its last 268 trading days. MarketPing measures each filing's price reaction against it.

Where can I track VASCON ENGINEERS LTD's announcements?

Every NSE and BSE filing by VASCON ENGINEERS LTD appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.

Figures are as last reported and may lag the latest filing. Not investment advice.