Operates as a small-scale realty and infrastructure construction company, classified under Residential and Commercial Projects, registered in Thane, Maharashtra and incorporated in 2012. The filings indicate work tied to development agreements with housing societies (e.g., a terminated agreement with Maruthi Co-operative Housing Society and Tridhaatu Maruthi Developers LLP), though the company has not provided segment-wise reporting because more than 90% of revenue comes from a single business line. FY26 total income from operations was ₹6.90 crore, down about 40.6% from ₹11.63 crore in FY25, with net profit of ₹1.61 crore (down 10.7%) and EPS of ₹1.00. The cost structure is heavily dominated by inputs: materials accounted for 88.8% of revenue, other operating expenses for 91.0%, and employee costs for 16.4%, with depreciation at 1.2% and capex at 0.7%. The balance sheet carries stress signals flagged by the auditor — unconfirmed trade receivables and advances of ₹2,108.50 lakhs, a contingent GST liability of ₹22.13 crore under a High Court stay, and a ₹90.01 lakh borrowing default to Bank of Baroda (50 days overdue as of 31 March 2026). On the capital side, the board approved a Rights Issue of up to ₹15 crore and a preferential allotment of 8,00,000 shares at ₹85 each to convert ₹6.80 crore of unsecured loans from Veerone Limited and Veer Finance Limited, taking paid-up capital from ₹16.24 crore to ₹17.04 crore. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Realty and infrastructure construction (single segment). Small, leveraged realty and infrastructure construction company with a stressed balance sheet (borrowing default, large contingent GST liability, large unconfirmed receivables) and shrinking top line.
| ₹ crore · consolidated | FY21 |
|---|---|
| Revenue | 13 |
| EBITDA (ex other income) | 0 |
| margin % | 2.1 |
| Owners' profit | 0 |
| EPS, as reported (₹) | 0.03 |
| ROE % · ROCE % | 1.3 · 2.0 |
| Debt / equity (x) | 0.10 |
| Cash from operations | (6) |
| Capex | 0 |
| ₹ crore | Q4 FY21 |
|---|---|
| Revenue | 11 |
| Profit before tax | 0 |
| Net profit | 0 |
| EPS (₹) | 0.02 |
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| KESAR INDIA LIMITED | 3,371 | 89.5 | 13.53 | 73.2 | 12.0 | 15.2 | — | 26.9 |
| MEGHNA INFRACON INFRA L | 1,482 | 218.6 | 55.08 | 145.4 | 20.8 | 33.9 | — | 15.3 |
| India Homes Limited | 1,076 | — | 29.06 | — | (31.0) | (17.8) | — | — |
| B-RIGHT REALESTATE LIMITED | 950 | 26.5 | — | — | — | 19.2 | — | — |
| YOGI LTD. | 678 | 32.6 | 4.77 | 26.2 | 14.9 | 15.6 | — | 5.1 |
| SHRADDHA PRIME PROJECTS L | 650 | 11.6 | 4.76 | 11.2 | 39.1 | 20.2 | — | 16.1 |
| HAZOOR MULTI PROJECTS LTD | 556 | 7.5 | 0.89 | 3.7 | 6.8 | 5.8 | — | 86.5 |
| RDB REAL ESTATE CONS L | 352 | 27.4 | 1.33 | 26.5 | (3.3) | (0.7) | — | 3.2 |
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 11 Sept 2026 · Addendum to 15th AGM notice: Secretarial Auditor appointment added | board shareholder meetings | low | — | — |
| 5 Sept 2026 · Reg 74(5) Compliance Certificate for August 2026 | compliance | minimal | — | — |
| 29 Aug 2026 · Veer Global Infraconstruction 15th AGM notice published in newspapers | compliance | minimal | — | — |
| 27 Aug 2026 · Veer Global files 15th Annual Report, seeks Rs. 100 crore fund-raising approvals | board shareholder meetings | low | — | — |
| 27 Aug 2026 · AGM notice: Rs 100 Cr fund raise plan, director re-appointments on Sept 19 | results | high | — | — |
| 27 Aug 2026 · AGM notice on Sept 19, 2026 with rights issue and fundraise proposals | board shareholder meetings | low | — | — |
| 11 Aug 2026 · Newspaper publication of Q1 FY27 unaudited results | compliance | minimal | — | — |
| 10 Aug 2026 · Routine compliance certificate on share dematerialisation for July 2026 | compliance | minimal | — | — |
| 10 Aug 2026 · Q1 FY27 revenue up 88% YoY to Rs 224L, PAT falls 58% to Rs 7.4L | results | high | — | — |
| 10 Aug 2026 · Q1 FY27 results OK, Rs 10.23 cr rights issue at Rs 30 a share | results | high | — | — |
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions |
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 7117.5 | 16.7 | 84 of 84 | 0% |
| P/B | 15.2 | 1.1 | 65 of 69 | 6% |
| ROCE | 1.8 | 2.0 | 48 of 93 | 49% |
| ROE | 1.3 | 2.9 | 50 of 85 | 42% |
| Debt / Equity | 0.1 | 0.1 | 42 of 85 | 51% |
| EBITDA margin | 2.3 | 15.3 | 40 of 59 | 33% |
| Market cap | 231 | 33 | 12 of 86 | 87% |
| an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
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