| ₹ crore | Q1 FY27 | Q1 FY26 | Change |
|---|---|---|---|
| Revenue | 152 | 221 | −31.3% |
| EBITDA | 4.9 | 13.0 | −62.1% |
| EBITDA margin | 3.3% | 5.9% | −2.6 pts |
| Profit before tax | 2.5 | 27.3 | −91.0% |
| Net profit | 2.0 | 22.5 | −91.1% |
| EPS | ₹0.09 | ₹0.99 | −90.9% |
Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.
| Tap a line for its trend | Currentlast 12M | FY26Mar 2026 | FY25Mar 2025 | FY24Mar 2024 | FY23Mar 2023 | FY22 and earlierAlpha Plus |
|---|
| 699 | — | — | — | — | FY22 and earlierEvery year the company has filed comes with Alpha Plus. | |
| 103 | 103 | 123 | 28.2 | 56.4 | ||
| 0.0 | 0.0 | 0.0 | 13.6 | 12.6 | ||
| 299 | 299 | 205 | 175 | 135 | ||
| 894 | — | — | — | — | ||
| 880 | 949 | 1,078 | 1,037 | 1,000 | ||
| — | −11.9% | +3.9% | +3.7% | — | ||
| 44.6 | 52.7 | 87.9 | 69.6 | 97.5 | ||
| 5.1% | 5.6% | 8.2% | 6.7% | 9.8% | ||
| 39.0 | 46.9 | 82.0 | 55.2 | 85.6 | ||
| 28.4 | 48.9 | 130 | 67.9 | 99.4 | ||
| 3.2% | 5.2% | 12.1% | 6.6% | 9.9% | ||
| ₹1.23 | ₹2.11 | ₹5.60 | ₹2.89 | ₹4.21 | ||
| — | −62.3% | +94.0% | −31.4% | — | ||
| — | −122 | 4.8 | −28.5 | 104 | ||
| — | −4.2 | −18.4 | −20.3 | −41.9 | ||
| −127 | −127 | −13.6 | −48.8 | 61.7 | ||
From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.
In ₹ Crore except Per Share 12 Months Ending | FY23 31/03/2023 | FY24 31/03/2024 | FY25 31/03/2025 | FY26 31/03/2026 | Current/LTM TTM · last close | |
|---|---|---|---|---|---|---|
| Market Capitalization | — | — | — | — | 698.8 | |
| - Cash, Equiv & ST Investments | 56.4 | 28.2 | 123.4 | 103.4 | 103.4 | |
| + Minority Interest | 12.6 | 13.6 | 0.0 | 0.0 | 0.0 | |
| + Total Debt | 134.8 | 174.7 | 205.0 | 298.6 | 298.6 | |
| Enterprise Value | — | — | — | — | 894.0 | |
| Revenue | 999.9 | 1,037.2 | 1,077.9 | 949.3 | 880.1 | |
| Growth %, YoY | — | +3.7 | +3.9 | -11.9 | — | |
| EBITDA | 97.5 | 69.6 | 87.9 | 52.7 | 44.6 | |
| Margin % | 9.75 | 6.71 | 8.15 | 5.55 | 5.07 | |
| EBIT | 85.6 | 55.2 | 82.0 | 46.9 | 39.0 | |
| Net Income | 99.4 | 67.9 | 130.3 | 48.9 | 28.4 | |
| Margin % | 9.94 | 6.55 | 12.08 | 5.15 | 3.23 | |
| EPS, Adj (current shares) | 4.21 | 2.89 | 5.60 | 2.11 | 1.23 | |
| Growth %, YoY | — | -31.4 | +94.0 | -62.3 | — | |
| Cash from Operations | 103.7 | -28.5 | 4.8 | -122.5 | — | |
| Capital Expenditures | -41.9 | -20.3 | -18.4 | -4.2 | — | |
| Free Cash Flow | 61.7 | -48.8 | -13.6 | -126.7 | -126.7 | |
Prices at the previous close · figures from the company's filings with NSE
Vascon Engineers (NSE: VASCONEQ) had a market capitalisation of ₹699 crore at the previous close (₹30.16 a share), a PE ratio of 24.6 on the last four quarters' profit and a price-to-book ratio of 0.61. In FY26 its consolidated net profit was ₹48.9 crore on revenue of ₹949 crore; in Q1 FY27 (April–June 2026) it was ₹2 crore, down 91.1% year on year. Its debt-to-equity ratio was 0.26 on 31 March 2026. Promoters held 30.38% of the shares on 30 September 2026.
Vascon Engineers' PE ratio is 24.6 at the previous close (₹30.16 a share): a market capitalisation of ₹699 crore divided by consolidated net profit of ₹28.4 crore over the last four quarters (Q2 FY26 to Q1 FY27). On FY26 net profit (₹48.9 crore) it is 14.3.
Vascon Engineers' debt-to-equity ratio was 0.26 on 31 March 2026: borrowings of ₹299 crore against total equity of ₹1,149 crore. A year earlier, on 31 March 2025, it was 0.19.
Vascon Engineers' net worth — shareholders' equity in its consolidated balance sheet — was ₹1,149 crore on 31 March 2026, up 5.1% from ₹1,093 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹699 crore at the previous close.
Vascon Engineers' price-to-book (PB) ratio is 0.61 at the previous close: a market capitalisation of ₹699 crore divided by shareholders' equity (book value) of ₹1,149 crore on 31 March 2026. That is a book value of ₹49.58 per share against a share price of ₹30.16.
Vascon Engineers' book value per share was ₹49.58 on 31 March 2026: shareholders' equity of ₹1,149 crore divided by the 23.17 crore shares in issue, up 2.7% from ₹48.29 a year earlier. The share price at the previous close was ₹30.16.
On 30 September 2026, Vascon Engineers' shares were held by promoters 30.38%, foreign portfolio investors (FII/FPI) 0.21% and retail and other non-institutional investors 69.41%. Over the year, FII holding was down 1.69 percentage points from 1.90%.
Vascon Engineers' market capitalisation was ₹699 crore at the previous close: 23.17 crore shares at ₹30.16 each.
Vascon Engineers' basic earnings per share (EPS) were ₹2.15 in FY26, against ₹5.81 in FY25. Over the last four quarters (Q2 FY26 to Q1 FY27) they add up to ₹1.25.
Vascon Engineers will announce its Q2 FY27 results (July–September 2026) on Tuesday, 3 November 2026, the date of the board meeting it has notified to the exchanges.
No. Vascon Engineers had borrowings of ₹299 crore on 31 March 2026 (consolidated balance sheet), a debt-to-equity ratio of 0.26. Its cash and current investments were ₹251 crore, so its net debt was ₹48 crore.
Promoters held 30.38% of Vascon Engineers on 30 September 2026, unchanged from the previous quarter and down 0.73 percentage points from 31.11% a year earlier, according to the shareholding pattern filed with NSE.
In FY26, Vascon Engineers generated ₹122 crore of cash from operations and spent ₹4.2 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of −₹127 crore. In FY25 it was −₹13.6 crore.
In FY26, Vascon Engineers' return on equity (ROE) was 4.4% and its return on capital employed (ROCE) was 3.7%. ROE is net profit divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY25, ROE was 12.5% and ROCE 7.1%.
Vascon Engineers' latest results are for Q1 FY27 (April–June 2026), filed on 12 August 2026: consolidated net profit ₹2 crore, down 91.1% from ₹22.5 crore in Q1 FY26; revenue from operations ₹152 crore, down 31.3% year on year.
In FY26 (April 2025–March 2026), Vascon Engineers' consolidated net profit was ₹48.9 crore, down 62.3% from ₹130 crore in FY25, on revenue from operations of ₹949 crore (down 11.9%). Over three years, from FY23, net profit was down 49.8%.
On FY26 consolidated figures, against Modis Navnirman, Prozone Realty and Consolidated Construction Consortium: Vascon Engineers' operating margin of 4.9% is the third highest of the four (Modis Navnirman 18.3%, Prozone Realty 27.5%, Consolidated Construction Consortium −11.9%; peer average 11.3%); its return on equity of 4.4% is the third highest of the four (Modis Navnirman 18.6%, Prozone Realty 2.3%, Consolidated Construction Consortium 33.0%; peer average 18.0%).
In FY26, Vascon Engineers earned net profit of ₹48.9 crore on revenue of ₹949 crore, against ₹29.2 crore on ₹189 crore for Modis Navnirman. Vascon Engineers' operating margin was 4.9% (Modis Navnirman 18.3%) and its return on equity 4.4% (Modis Navnirman 18.6%).
From Vascon Engineers' own consolidated results, balance sheets and shareholding patterns filed with NSE. Ratios are calculated by Alphave from those filings as each answer describes.
Consolidated figures from the company's filings with NSE; prices are NSE closing prices.