| ₹ crore | Q1 FY27 | Q1 FY26 | Change |
|---|---|---|---|
| Revenue | 124 | 98.6 | +25.4% |
| EBITDA | 118 | 93.5 | +26.4% |
| EBITDA margin | 95.6% | 94.9% | +0.8 pts |
| Profit before tax | 119 | 94.3 | +26.4% |
| Net profit | 96.0 | 71.1 | +34.9% |
| EPS | ₹30.59 | ₹20.92 | +46.2% |
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 |
|---|
| 673 | — | — | — | — | FY22 and earlierEvery year the company has filed comes with Alpha Plus. | |
| 70.3 | 70.3 | 322 | 29.1 | 44.5 | ||
| −0.0 | −0.0 | −0.0 | — | — | ||
| 0.3 | 0.3 | 0.9 | 0.2 | 0.7 | ||
| 603 | — | — | — | — | ||
| 64.4 | 39.4 | 103 | 407 | 82.1 | ||
| — | −61.7% | −74.7% | +396.0% | — | ||
| 41.6 | 16.9 | 57.9 | 381 | 60.1 | ||
| 64.5% | 42.9% | 56.2% | 93.6% | 73.2% | ||
| 38.3 | 13.4 | 53.5 | 375 | 55.8 | ||
| 46.6 | 21.8 | 46.2 | 324 | 56.0 | ||
| 72.3% | 55.2% | 44.9% | 79.7% | 68.2% | ||
| ₹14.79 | ₹6.90 | ₹14.67 | ₹102.96 | ₹17.77 | ||
| — | −52.9% | −85.8% | +479.5% | — | ||
| — | −17.8 | 200 | 194 | 7.3 | ||
| — | −0.0 | 0.0 | −41.0 | −2.3 | ||
| −17.8 | −17.8 | 200 | 153 | 5.0 | ||
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 | — | — | — | — | 672.7 | |
| - Cash, Equiv & ST Investments | 44.5 | 29.1 | 322.3 | 70.3 | 70.3 | |
| + Minority Interest | — | — | -0.0 | -0.0 | -0.0 | |
| + Total Debt | 0.7 | 0.2 | 0.9 | 0.3 | 0.3 | |
| Enterprise Value | — | — | — | — | 602.7 | |
| Revenue | 82.1 | 407.0 | 103.0 | 39.4 | 64.4 | |
| Growth %, YoY | — | +396.0 | -74.7 | -61.7 | — | |
| EBITDA | 60.1 | 381.0 | 57.9 | 16.9 | 41.6 | |
| Margin % | 73.24 | 93.60 | 56.23 | 42.88 | 64.50 | |
| EBIT | 55.8 | 375.3 | 53.5 | 13.4 | 38.3 | |
| Net Income | 56.0 | 324.3 | 46.2 | 21.8 | 46.6 | |
| Margin % | 68.21 | 79.68 | 44.85 | 55.17 | 72.30 | |
| EPS, Adj (current shares) | 17.77 | 102.96 | 14.67 | 6.90 | 14.79 | |
| Growth %, YoY | — | +479.5 | -85.8 | -52.9 | — | |
| Cash from Operations | 7.3 | 194.5 | 200.2 | -17.8 | — | |
| Capital Expenditures | -2.3 | -41.0 | -0.0 | -0.0 | — | |
| Free Cash Flow | 5.0 | 153.4 | 200.2 | -17.8 | -17.8 | |
Prices at the previous close · figures from the company's filings with NSE
VLS Finance (NSE: VLSFINANCE) had a market capitalisation of ₹673 crore at the previous close (₹213.56 a share), a PE ratio of 14.4 on the last four quarters' profit and a price-to-book ratio of 0.32. In FY26 its consolidated net profit was ₹21.8 crore on revenue of ₹39.4 crore; in Q1 FY27 (April–June 2026) it was ₹96 crore, up 34.9% year on year. Its debt-to-equity ratio was 0.00 on 31 March 2026. Promoters held 56.38% of the shares on 30 September 2026.
VLS Finance's PE ratio is 14.4 at the previous close (₹213.56 a share): a market capitalisation of ₹673 crore divided by consolidated net profit of ₹46.6 crore over the last four quarters (Q2 FY26 to Q1 FY27). On FY26 net profit (₹21.8 crore) it is 30.9.
VLS Finance's net worth — shareholders' equity in its consolidated balance sheet — was ₹2,113 crore on 31 March 2026, down 14.5% from ₹2,472 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹673 crore at the previous close.
VLS Finance's book value per share was ₹670.87 on 31 March 2026: shareholders' equity of ₹2,113 crore divided by the 3.15 crore shares in issue, down 7.4% from ₹724.23 a year earlier. The share price at the previous close was ₹213.56.
VLS Finance's price-to-book (PB) ratio is 0.32 at the previous close: a market capitalisation of ₹673 crore divided by shareholders' equity (book value) of ₹2,113 crore on 31 March 2026. That is a book value of ₹670.87 per share against a share price of ₹213.56.
No. VLS Finance had borrowings of ₹30 lakh on 31 March 2026 (consolidated balance sheet), a debt-to-equity ratio of 0.00. Its cash and current investments were ₹86.6 crore, so it held net cash of ₹86.3 crore.
VLS Finance's debt-to-equity ratio was 0.00 on 31 March 2026: borrowings of ₹30 lakh against total equity of ₹2,113 crore. A year earlier, on 31 March 2025, it was 0.00.
VLS Finance's market capitalisation was ₹673 crore at the previous close: 3.15 crore shares at ₹213.56 each.
In FY26, VLS Finance's return on equity (ROE) was 1.0%. ROE is net profit divided by average shareholders' equity (the start and end of the year).
VLS Finance's basic earnings per share (EPS) were ₹6.50 in FY26, against ₹13.44 in FY25. Over the last four quarters (Q2 FY26 to Q1 FY27) they add up to ₹15.65.
VLS Finance's dividend yield is 0.70% at the previous close: dividends of ₹1.50 a share that went ex-dividend in the 12 months before that day, divided by the share price of ₹213.56. They were ₹1.50 on 18 September 2026.
In 2026, VLS Finance has declared one dividend: ₹1.50 with record date 18 September 2026.
Promoters held 56.38% of VLS Finance on 30 September 2026, unchanged from the previous quarter and up 4.36 percentage points from 52.02% a year earlier, according to the shareholding pattern filed with NSE.
On 30 September 2026, VLS Finance's shares were held by promoters 56.38%, foreign portfolio investors (FII/FPI) 1.25%, domestic institutions (DII) 0.03% and retail and other non-institutional investors 42.33%. Over the year, FII holding was down 0.66 percentage points from 1.91% and DII holding was down 0.02 percentage points from 0.05%.
In FY26 (April 2025–March 2026), VLS Finance's consolidated net profit was ₹21.8 crore, down 52.9% from ₹46.2 crore in FY25, on revenue from operations of ₹39.4 crore (down 61.7%). Over three years, from FY23, net profit was down 61.1%.
On FY26 consolidated figures, against BEML Land Assets, Max India and Hexa Tradex: VLS Finance's operating margin of 33.9% is the highest of the four (BEML Land Assets −217.8%, Max India −68.7%, Hexa Tradex −141.1%; peer average −142.5%); its return on equity of 1.0% is the second highest of the four (BEML Land Assets 1.0%, Max India −31.8%, Hexa Tradex −0.2%; peer average −10.3%).
In FY26, VLS Finance generated ₹17.8 crore of cash from operations and spent ₹2.3 lakh on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of −₹17.8 crore. In FY25 it was ₹200 crore.
VLS Finance's latest results are for Q1 FY27 (April–June 2026), filed on 11 August 2026: consolidated net profit ₹96 crore, up 34.9% from ₹71.1 crore in Q1 FY26; revenue from operations ₹124 crore, up 25.4% year on year.
In FY26, VLS Finance earned net profit of ₹21.8 crore on revenue of ₹39.4 crore, against ₹1.1 lakh on ₹98 lakh for BEML Land Assets. VLS Finance's operating margin was 33.9% (BEML Land Assets −217.8%) and its return on equity 1.0% (BEML Land Assets 1.0%).
VLS Finance has not yet announced the date of its Q2 FY27 results (July–September 2026); under SEBI's listing rules (Regulation 33) they are due by 14 November 2026.
From VLS Finance's 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.